“All lies. i supposedly have 39500 usd in my own balance and 89500 usd in equity as they claim to have given me 50000 usd credit to save my investment when it went into margin call. they also claim to have over 1 million clients. i only invested 23500 usd and they claim to have given me 50000 usd credit. AS IF!! lets think about that for a minute. lets even be on the real conservative side and say 100000 of there so called 1 million clients currently have a 10000 usd credit not even close to the 50000 they claim to have given me just the 10000 usd for now. thats 100000x10000= 1000000000. if like me u hadto look that up. its 1 billion dollars. IMPOSSIBLE!! and remember i was being very conservative with the numbers. its all LIES.... daniel ackerman, anthony savva, michael klein and the wall street exchange are nothing more than thieving, dishonest scammers. BEWARE!!”
“Its all fake. There are no trades. Ive got 39500 usd sitting in an account with them. They wont let you withdraw anything. I have attached photo for reference. Ive repeatedly asked for trade/share certificates and proof of credit added to my account. They cant provide anything. There are no profits or trades taking place. Its all smoke and mirrors and only what you see on there site. Im actually in the process of getting a webpage made using there logo. But its all going to be negative. Warning everyone about people like Daniel Ackerman, Anthony Savva, Michael Klein and everyone at Wall Street Exchange. They are blood sucking parasites. Nothing more than a scam.”
“From the moment I had to transfer my portfolio to Wall Street exchange , I have been plagued with one issue after another. The customer service provided has been shockingly incompetent, leaving me frustrated and regretful for ever getting involved. for a customer who pays every tax and fees , they left me in the dark about my finances and I almost gave up but thanks to H!GH -FOREST -CAPITAL-LTD_ C O M, I successfully embarked on my mission to reclaim what was rightfully mine. All im saying is .. If you value your sanity, I strongly caution against having any dealings with wall street exchange.”
“After making a sizable percentage, I wanted to take my money out, but they insisted on more, which strengthened my suspicion that the whole thing was a scam. They conned me out of $26,000 by using deceptive phone tactics. Otherwise, I would have gone bankrupt, but I'm grateful that "Conceptstrd.com" saved me. Nevertheless, I'm relieved that they were able to get my entire reimbursement as well as my profit.”
“I wanted to withdraw my money after making a huge percentage, but they demanded more, which confirmed my thoughts that it was all a hoax. They used misleading phone tactics to con me out of $23,000. I would have gone bankrupt otherwise, but thank God for CAMERON - LIMITED* COM, who came to my rescue. Still, I'm glad they were able to collect both my profit and my whole reimbursement.”
“Biggest scam merchants going want your money then impossible to get back and do not bother calling you when arranged . Do not and do not entertain anyone calling from any brokers from any of the sites as they are all scammers.
So do not even listen to them as it will not end well mark my words. Once burned never jump back into the fire again”
“This company is a scam. They have created false adds using famous people falsifying photos and conversations that they have promoting how easy it is to make money through this platform. You then click on the link and the Wall street exchange reaches out to you. They use a demo account but tell you it is live. So all the money you transfer to them is there’s and is not actually on a live trading platform. The account managers access your account, put trades on your account which go against you, you then lose your money, and they pocket it all. Do not go with this company, they are unregulated and scam artists.”
“Do not trade with this company. This is 100% a scam. This company got me by posting a facebook ad where dodgy photos and quotes were used from a famous Journalist telling history how he used this trading platform to make money. Naturally as I thought this was a reputable source, I signed up via the ad which I was then contact by the Wall street exchange. All seemed fine, you transfer your initial investment of $250 USD. After that is when the red flags begin, you must convert your money to crypto and transfer into their wallet. Again, I proceeded and was trading for a while. Eventually when I told them I want to withdraw my account manager went into my account and put on trades which were not in favour of me (needless to say without my permission) and saw my account close due to the funds running out. As this was happening, they tell you that to get out of this situation you need to add more funds into your account (DO NOT DO THIS).”
“Do not trust
From my experience this is not a trustworthy trading firm. Withdrawals of anything close or greater than your initial investment is impossible. Once you have transferred this company your money its as good as gone.”
“Do not invest with this company, they get you to invest as much money as you have, also ask you to get out loans from the bank. They have no intention of not only giving you back your initial investment but also and fake profits made.”
“Pro’s
- Account managers are knowledgeable of the market
- Training around understanding how to trade is good
- Account managers are easy to get a hold of via whatsapp
Con’s
- Platform is very clunky – some of the graphs do not reflect to current market rate – asked to have these fixed multiple times but it never happened.
- Platform also seems to be buggy – sometimes when opening a trade it does not work but it works when the account manager is opening it for you
- Original website I went through which was trading-academy.io who put me in contact with the wallstreetexchange.io has been taken down. This website offered trading courses, in my opinion I believe this was a scam who has taken money from people then shut down shop.
- They do not take credit card payments other then the first initial deposit, though their website says they do. Once this is done the only way to put money into your wall street account is to convert your money to crypto and send to their wallet – this is then untraceable.
- They need to approve any withdrawals which in my opinion helps them to keep a close eye on your account to ensure you are not withdrawing anymore then you invested. I invested over 50k and only took out 1.5k. They show you how to withdraw at the start and always get you to do a small amount to trust the process. Keep in mind they need to approve each withdrawal.
- One thing this company will also do is put “credit” in your account which appears they are doing you a favour though you are not allowed to withdraw anything whilst this is in there. This is a way that they can hold you to their platform for longer without being able to withdraw money. It is very hard to get this credit removed (impossible sometimes). This credit in my opinion is not real money – they put over 80k USD in my account which would not be sustainable for a company especially doing this for many clients.
- The account manager open trades on your account – this was my downfall. Once I told them I wanted to withdraw my investment and keep over 100k USD in the account to continue (which wouldn’t have been real money) they opened trades on my account which is how I lost it all. The frustrating thing for me is that the account managers are constantly talking about risk management and yet they are the ones who put the trades on my account which ended in me losing all my money. I would have thought that they would have taken into consideration that if the markets turned for the worst that all my money would no be in play and my account wouldn’t have been drained. In my opinion this was their way of taking my money and making it appear that I lost it legitimately through trading – I have read another count of this where this happened to another person also.
Red flags
- Try to convince you to take out a loan – they tell you to tell the bank is for home renovations. (I have come across this on another person’s review also)
- The account managers always say they are busy with clients one after the other however if you are depositing money into the platform they have all the time in the world for you
- Call you from a different number and location each time
- They accept cryptocurrency only which is not traceable. See link below for more info as to why this is a common scam:
https://www.forbes.com/advisor/investing/cryptocurrency/top-crypto-scams/
- See below for further reading into this company
https://www.scamadviser.com/check-website/wallstreet.io
https://www.forexbrokerz.com/brokers/wallstreet-exchange-review
Overall experience – Obviously, I would not reinvest with this company. The old saying of if its too go to be true, it usually is definitely relates to he high returns this company offers. If you are reading this and you have money invested with this company I would highly suggest to slowly take out your initial investment overtime – do not tell them that you plan to remove it all. Do not let them I open trades on your account, do not let them persuade you to trade any differently then how you currently are if what you are ding is working, do not let them put company funds in our account.”
