CFDStocks.com review - broker to trust or a scam to avoid?

I would greatly appreciate your advice in future. I just registered with CFDStocks and it seems it has all the ingredients of a scam. My account stopped and the broker stops contacting me despite numerous emails I wrote to him.

Hello Michael, CFDStocks bought last year in September AAOptions and my account was also taken over. On this account is an amount of € 127.792 More than a year I try to get my money back, but to get this money I have to pay an turnover of € 10.200 on their account into Sparkasse Berlin and then, about after 2 weeks, I'll get this money + the amount on my account - totaly about € 138.000 the say. When I read the reviews about CFDStocks I'm not sure of paying the turnover first. I'm afraid I'll loose all the money. What advice cn you give me? Tomorrow is the last change to pay the turnover, after tomorrow I have to pay dubble amount. I called the Sparkasse Berlin, but they don't give me any information. Kind regards, Kees

Despite all these complaints about them operating with deception how come the internet authority is not at all doing anything to circumvent these culprits. This is an illegal omission. Many will fall prey to this kind of ploy. Mike, is there anything you can do to stop this?

Hello Micheal, Hope u r doing well. Thank god I saw this article. Otherwise, I would have deposited money. Which broker do u suggest me to trade since I am very much fresher into this? I wish to start with the minimum amount. I appreciate your suggestions.

I tried very carefully whit the minimum account of 250€ they made some money whit it but as far I can see not in a correct way, my account was growing without me doing anything.... When I asked for a payout (just as a test, because I wanted to know, do they really pay me what's on my account) they came whit a lot of reasons not to pay me my money... Lucky me that I was testing them before putting more money in it, the guy's name was Jack Cruz, who was forcing me to put 8000€ extra on the account which I did not-lucky me-

Oh my word, I am also a victim of cfdstocks. I deposited $250 and opted for the automated/robot trading and there has been some activity in my account without my doing anything. Just now they called me to deposit another $1000 for 10 trades so that my account can be managed by someone called Elliot something who would make profits for me. They even sent me an SMS with an OTP for a deduction of the initial $100 and then after 24hrs I would say if I was happy or not with the profit and then proceed to deposit another $900 to make it a $1000. Oh wow, it seemed so legit when I saw it initially. I am so happy I came across this site. No more forex for me, there are just way too many scams out there. Mike, please keep doing what you do for people like us. There is nothing better than awareness

Thanks everyone, I actually just had a text from a Jack saying he deposited $3500 into my account, I haven't given out any account details. So IQ option are the way to go??

Hi you Guys, I have also been scammed by this fake company CFD stocks. I have reported them to CySEC and the FDA, and the British fraud action police, they do not have offices in London, no such address as pacific sunrise? I have investigated them. If you have been affected by them please do as I did and report them to the FCS and CySec these organizations are very helpful and are actually looking into investigating them. So please add to my report as these slimeball financial predators have to be caught and shut down.

Dear Michael I have been scammed by these predators (Jack Cruz From CFD STOCKS.COM Elliotte Pearce, etc.), I have reported them to the british fraud action police fca and cysec. I have an account where I am blocked from withdrawing my own money, I will not let any one trade due to the fact that they are a scam. I had them call me up begging for my password, and I refused to give it. I believe they trade peoples money without them knowing. Your site was helpful, what are the chances of me getting my £250. Back? Claudia.

hi they have blocked my IP so I cant even see their online chat and they don't even pick my phone up. I made a trade now the size isn't the issue but when I made the biggest with trade the web site froze and my trade went through and wasn't able to approve or reject it. I had a 250 dollars account, not fussed but how do I take this further ?

Hi Michael, I have also encountered the same problem but the way I was tricked is different. I was reading the news and found a link to hawkcodes.com which had an image of Stephan Hawking, a theoretical physicist. I clicked on the link and there was a video of Hawking explaining his invention of a software called hawkcodes that helps people to make money in binary trading. I registered and it directed me to cfdstocks binary trading website. Of course, it asked to deposit a minimum of 250 EUR to benefit from hawkcodes software to easily make money. I deposited the money from my credit card. I had no experience of trading before. So I didn't trade. When I registered on hawkcodes they sent me a mail which says I will find a video which explains how to benefit from the software. Since I didn't find the video or any written description, I sent them a mail asking for help. They never replied for two days. After two days I received a mail failure delivery message. Then I realized that I was tricked and immediately called my bank and blocked my card. A person called Jack has also called me from cfdstocks and explained that he is my account manager and will help me how to trade. He started to ask information including my age, income, how much money I earn, my bank deposit, etc. I was already so suspicious and refrained to reveal my information. He asked me if I want to trade today and I said I am busy. He made an appointment for tomorrow and ended the call. After few minutes I received a mail from Jack which says he traded and has made some money. I realized that they have access to the details of my cfdstocks profile including the password. I logged in and ordered to withdraw my deposit. I also wrote Jack to help me withdraw the deposit but he told me to contact customer support. I wrote their customer support and I didn't get any reply. I tried to call and never reach them. Now they have already blocked my cfdsotcks profile and I can't login and they don't reply. I don't think I will get my money back but I have asked my bank to help me.

Hi, I opened an account with CFD stocks in June2017.I sent 10,500 to trade with the financial advisor who said he will help me trade a couple of times then I can do it myself aferwards. We traded x 2 stocks on long term so by the end of Oct,i sent him an e-mail but this bounced back,when I finally contacted the support CFD,I was told by one of the "personal manager" that my advisor has been sacked! Anyway,by that time I requested to withdraw the amount sitting in my account,it took a week to confirm my account (tho they have all the details when I opened my account) It took another week for them to inform me that my account was linked with Bonus so they gave me a formula Bonus+initial deposit x30 before I can withdraw any money. Then I decided I wanted to close my account so I e-mailed them to say that I wanted to withdraw the initial amount only of 10,500. I e-mailed them so many times with no response until today when they refer me to Terms & conditions even tho I kept saying that I did not agreed to Bonus linked account. So I am at a lost as how to go about in putting a stop to this scam?? I have documentation of all my correspondence and names of the financial adviser tho I was told they were maybe their real names??

CFD got me for 10k AUD. When they could not get me to deposit more money, contact ended. Now cant use the account at all, and if I try to got to trading, I come under a virus attack. Beware

I can totally confirm most of the comments I read here. Here is my full story – as a CLEAR WARNING not to invest a single USD or EUR into CFDStocks.com! • I started with only € 300 – just for testing out the functionalities. • Soon, CFDStocks.com added a bonus of € 100 to my account – which I found nice (as this represents 33% of my investment). • Then, a nice (German-speaking, as I speak German) lady (Anna Weber) called me to explain that I will get a nice return (bonuses) if I increase the invested amount to € 2,500 – which I did. • Every 2 weeks (!) bonuses of € 285, € 264, € 249, € 1,341, € 373 and € 238 were added to my account – which, at my end, created quite some confidence in the company. • Then, the lady talked me into increasing the amount to an overall amount of € 10,000 (incl. all bonuses received, I had to increase my investment to about € 7,500) – as then, they can “actively manage” my account (so I would not be allowed to trade because they would use my money to trade and would credit the respective bonuses to my account). • I did that and the a couple of more bonuses were credited until my account increased to € 17,899 (!). • That was the moment that I decided to withdraw the amount exceeding the required € 10k, i.e. I wanted about € 8k back (that would have been more than my overall investment)... • This withdrawal request was not answered or executed for 3 months – in spite of a number of tracers and bad emails – with Anna also not returning any of my calls – and nobody picking up the phone when I tried to call the official “hotline” of CFDStocks. • Then, a Gerd Reed (also speaking German) called me and introduced himself as my new Account Manager as Anna Weber got a nice job at CFDStocks in Singapore. • He explained to me that their Finance Department has not executed my withdrawal request as – according to point 12 of their Terms & Conditions which I obviously had accepted by ticking the respective box when opening my account – I need to - Either repay all received bonuses (in my case, about € 10,500) by wiring them this amount (sic!) to get back my full account balance of € 18k or - I need to trade the 30-fold amount of my balance as turnover within 30 days (i.e. € 18k x 30 = € 540,000!). • Only then, I will be able to withdraw my total balance. • Option 1 (wiring them further € 10,500) was way out of question, so I decided to try Option 2 (trading a turnover of € 540,000 within 30 days). • I was lucky for a number of trades, so I even increased my account balance to above € 18k. • Then, Gerd Reed called me again, warning me that I will lose all my money as it is technically impossible to trade € 540k within 30 days with a disposable amount of 18k. • However, I continued trading for another 2 weeks with mixed success (my balance was still around € 17.5k) and yesterday, Gerd called me again to tell me that I can stop trading as this turnover does not count for my 540k target – as I’m only trading on a demo account (unbelievable, at this stage!) due to the fact that I can’t even use or access my real account as I opted for the “managed account” version (which is why the money on my real account is blocked in favour of CFDStocks….). • I really got angry and shouted over the phone that this is absolutely incredible and that I will go to the police and have this case prosecuted. • That’s why they immediately blocked my account and today, I can’t access the website anymore. • So, in a nutshell, I lost about € 7,500 of my money – not to speak of those about € 10,500 in bonuses which I only fictitiously received on this “account”. BE WARNED, DON’T INVEST A SINGLE DOLLAR OR EURO INTO THIS SCAM CFDSTOCKS.COM!

Thanks, Michael, one of your colleagues of your chat section was so kind already to point me to the right direction.

Dear Michael, is there anybody out there who knows the real address of CFD stocks and PlusOption, then let me know. I have heard that they are working out of israel and that they have the same management. Also I have been told that they have another name in Israel.(Galaxy) I myself have been scammed for a large sum of money from one of their brokers named James Peterson Regards, Sven