Tools 4Deals Review – Don’t Make Any Deals With These Frauds

Tools 4Deals scam reassures their clients that in combination with their prestigious support and state-of-the-art tools, anyone can master Forex trading. In addition to the lies and empty promises, these charlatans also claim to be properly regulated in several areas.

Before you place your capital in jeopardy, please make sure you read this Tools 4Deals review and find out why this broker has multiple warnings issued against them.

Broker status:	Unregulated Broker
Regulated by:	No license
Operating Status:	Active online trading sham
Known Websites:	tools4deals.com  tools-4deals.com
Blacklisted as a Scam by:	AFM, FSMA, IOSCO, CNMV
Owner:	N/A
Headquarters Country:	Netherlands (alleged)
Foundation Year:	2023
Online Trading Platforms:	WebTrader
Mobile Trading:	No
Minimum Deposit:	$250
Deposit Bonus:	Hinted, undisclosed
CFD Trading Option:	Yes, you can trade CFDs
Crypto Asset Trading:	Available – BTC, ETH, XRP
Available Trading Instruments:	Crypto, Currencies, Commodities, Stocks, ETFs, Indices, Cannabis
Maximum Leverage:	N/A
Islamic Account:	No
Free Demo Account:	No
Accepts US clients:	US clients are accepted
Global Fraud Protection Experts’ Verdict:	Contact our recovery team for help with getting your money back.

False Claims as Only Weapon

All the Tools 4Deals broker has to truly offer are false statements about their marvelous offer and service in general. To add weight to their claims, they even go as far as to say they operate out of the Netherlands and Singapore, while being subject to strict regulatory supervision.

Searching the MAS (Singapore) register of regulated entities provided no results, while AFM actually has a warning published against this firm. Other regulatory authorities that have also posted public alerts are FSMA, CNMV and IOSCO.

Talking about exposing financial criminals, please also take a look at our 360CapitalFM review, where we reveal more fraudulent strategies.

The Great Review Bamboozle

The story of Tools 4Deals reviews is the one of manipulation, misinformation, and deception as the company does not shy away from posting fakes. In a sense, it is similar to how Lafanda operates their scheme.

This is why it was flagged by SiteJabber, and had many of its reviews subsequently removed. Over on TrustPilot, we can see two separate ratings pages, both of which have more than 90% negative ratings.

The majority of activity, however, can be seen on Reviews.io. There, the site admins have yet to notice the involvement of review seller networks.

Online Financial Fraud Explained

If we count out all of the attention the company has gotten from various regulatory bodies, the broker has a very small online presence. Bar a single CrunchBase profile, it is pretty much unknown on the web.

Instead of advertising and hoping for the best, these cybercriminals run a scam call center full of boiler room agents. They pitch a low risk high profit platform, which will miraculously earn wads of money every day.

If someone shows interest but remains hesitant, the agents have a full arsenal at their disposal. Besides the fake reviews, there are also fake profits, and even threats and extortion if the victims fail to comply.

Everybody is a Target

One of the easiest ways to spot a fraud is to verify website age. The tools-4deals.com domain, as can be seen in the WhoIs register, was only created in May 2023.

Immediately the agents were sprung into action to target people from these nations:

• Spain
• Belgium
• France
• Germany
• United Kingdom

These con artists are unlikely to return your money voluntarily. Should you require help with getting your funds back, contact our legal team.

Inside the Trading Zone

We wish there was anything positive to say about the Tools 4Deals platform except the fact that it is based on the TradingView charts. That also provides some basic customization options, but if you’re hoping for anything more than that, you won’t be pleasantly surprised.

In actuality, these simplified, dull and unreliable software solutions have never helped anyone earn. They’re just another tool in the grand scam scheme that revolves around deceiving clients about the profits they expect to make.

What Can You Trade Here

As if available trading assets are the least of their concerns, these miscreants don’t even mention trading instruments on the site. However, after creating a Tools 4Deals login and accessing the clients zone, we found these groups of products:

• Currencies – EUR/USD, USD/GBP, EUR/CHF
• Stocks – 3M, Siemens, IBM
• Commodities – Corn, Wheat, Cotton
• Indices – SP500, AU200, CAC40
• Crypto – BTC, ETH, ETC
• ETF – QQQ, SPY, LIT
• Cannabis – ABBV, SMG, APH

Smoke and Mirrors of an Offer

Purchasing a package on this site is relatively easy as cons accept any payment. However, is any Tools 4Deals account worth the price? Hardly.

Sure there are claims about premium features, signals, education and asset managing promised, but none of that can be confirmed if truly available. What we do know for certain is that the prices are characteristic for unscrupulous online trading portals:

• Standard – $250
• Bronze – $3.500
• Silver – $10.000
• Gold – $25.000
• Platinum – $50.000
• Pro – $100.000
• VIP – $250.000

Fees Wherever You Turn

Website doesn’t discuss this aspect, but the company does charge various fees. Legal documents will subtly let you know that you pay all kinds of taxes, commissions, and other expenses for trading, transfers and other activities. None of them are revealed, however.

In addition, Tools 4Deals trading parameters, such as leverage and spreads are hidden, both from the site and platform.

Key Strategy to Prevent Payouts

Bonuses are notoriously known in the Forex world as a way for the financial frauds to prevent clients from asking for a withdrawal. That’s why they’re only mentioned vaguely on the site.

Legal papers, however, clarify the vicious demands you have to meet before requesting a payout. This is known as the minimum trading volume, which is in this case bonus amount *7 in lots.

Payments System Not Active

Requesting a payout can be quite tricky on a platform that notifies users that all payment procedures are halted. When we tried to explore funding and withdrawal methods, all we got in the  transactions panel was that the system is offline. That has prevented us from determining what payment options were supported.

User complaints reveal that clients are not paid, ignored and even rudely rejected when asking for their money back. We advise you to get professional recovery help in such cases of financial trickery.

Recovery Team at Your Service

Stop telling yourself that scammers might eventually hear you out and have mercy on your tough financial situation they have single handedly pushed you in. Their conscience won’t wake up and have them do the right thing. That’s why you should take matters into your own hands and get proper chargeback support.

Our legal experts can advise you and help you start a recovery procedure as soon as today. Contact our chat agents for more details.