RowTradeFX Review & Hundreds of Similar Clones

Welcome to our Row Trade FX review, in which we investigate the website Rowtradefx.com.

Today, March 8, 2023, we received the following complaint by a person who claims being scammed by them for $810:

I invested in a cryptocurrency company called Rowtradefx.com. When I tried to make a withdrawal, they demanded additional fees for a withdrawal PIN, tax code, and OTP. I really need your help to recover all the money I lost.

So is Rowtradefx legit or a SCAM?

Rowtradefx Review

The domain rowtradefx.com was registered on December 4, 2021, for 2 years through Hosting Concepts B.V. d/b/a Registrar.eu. Hostinger, we host it and currently have no popularity data.

The company behind this website claims to provide a transparent and easy-to-use trading platform focusing on customer service, reliability, simplicity, and speed. They offer financial consulting services to investors and trade in various instrument categories. The company operates in multiple countries and has a professional customer service team.

The website is for a trading platform called RowTradeFx, which offers trading in commodities, shares, options, ETFs, cryptocurrencies, indices, and forex. They offer trading with as little as $500, an internationally regulated broker, no wallet hacking or theft risk, and 24/5 multi-lingual live support. RowTradeFx is located in Austin, Texas, and offers a range of options to make the most of an investment. The platform provides information about each trading option, including their advantages, and includes a contact form for any questions.

Other contact information includes:

• Email: support@RowTradeFx.com
• Telephone: +15125532983 (a valid Austin, Texas number)
• Address: W 68 OLDWEST AUSTIN TEXAS USA (does not seem to be a valid address)
• a live chat widget

Based on their FAQ, RowTradeFx allows investors to withdraw their profits from all investment plans once the trading period of the package elapses. Deposits and withdrawals are processed through Bitcoin & Ethereum. Profit is returned to investments every 24 hours from the time of activation. The minimum deposit is 500 USD, and there is no maximum limit. RowTradeFx bears all trade risks, and if any loss stalls trading, the investor will be refunded their capital.

Is Rowtradefx a scam?

There are various signs that Row Trade FX is indeed a scam.

First, multiple website features do not work, such as the Trading Course, where the Start and Preview buttons do not work, and the link to buy for $1999.12 also doesn’t work. And the video testimonials page also doesn’t work.

Moreover, they offer trading packages with varying minimum and maximum amounts and different percentages of returns. The plans include Trial, Bronze, Silver, Gold, Platinum, and Diamond. The Trial account offers a 100% return on investment within 72 hours with a maximum deposit of $500 and a minimum deposit of $300. The other plans offer returns ranging from 5% to 20% with different maximum and minimum deposits and trading periods.

These returns seem too good to be true.

Also, we find the Login and Sign Up pages of Row Trade FX cloned on another domain, globexbitoption.com.

Globexbitoption.com seems very similar to rowtradefx.com, and both sites even provide the same address, indicating that both sites belong to the same person.

Finally, we turn to RowTradeFX reviews.

RowTradeFX Reviews

We found the email address support@RowTradeFx.com listed under a different broker, Smart Fx Option Trading (smartfxoptiontrade.com).

In a fakewebsitebuster.com article about satoshiunionprofx.com, we find a very long list of websites that are similar-looking clones, many no longer active, such as smartfxoptiontrades.com and rowtradefx.com.

It is concluded that the website satoshiunionprofx.com is a fake investment platform that claims to generate profits through cryptocurrency trading. The website promises unrealistically high returns, has no company details, and is being operated anonymously from an unknown country.

The website is new and uses a cheap template with copied content used on 444 other likely scam websites. The website has no social media presence and can only be contacted through anonymous email.

The website and the 444 similar websites are likely scams and should be avoided.

Complaints We’ve Received

On July 19, 2023, we received a complaint from a person who reported losing $400:

Someone from Rowtradefx.com approached me about investing. I initially paid 500 Philippine pesos. However, they later requested additional funds, claiming that my account needed an upgrade due to significant profits. Falling for their promise that paying the remaining balance would allow me to withdraw the profit without any issues, I paid another 16,800 pesos as an upgrading fee. However, when I attempted to withdraw the profit, they demanded another 10,000 pesos for a PIN.

On August 27, 2023, we received the following complaint from a person who scammed for $300:

Someone from Facebook added me and messaged me; his name is Chris, and his contact number is +447918251038. He asked me to invest. At first, he requested that I pay a small amount, 1,500 pesos. Then, during the withdrawal of my profit, he said I needed to pay an additional 15,000 pesos to withdraw my profit. I complied, but I have yet to see any profit. After paying the 15,000 pesos, he directed me to contact their account manager, Jordan, whose contact number is +6792152470. To help me withdraw my profit, Mr. Jordan directed me to log in to this site: https://rowtradefx.com/. I could see my profit there, but then Mr. Jordan asked me to message another person, their CEO, Sylvain Frank, whose contact number is +639307363820. I asked him how I could withdraw my profit, and he told me to check my email because they had sent me instructions. The email stated that I needed to upgrade from $300 to $400 to withdraw my money immediately.

Bottom Line

Based on our investigation, we can confidently say that RowTradeFx is a scam.

The website has various red flags, including non-functional features, unrealistic returns, and cloned pages on other domains.

Furthermore, we found customer complaints and reviews that corroborate our findings.

We strongly advise against investing in RowTradeFx or any of its clones.

Have they scammed you? Leave a reply below and let us know.

And if you have lost money online, check out this resource on how to recover funds from a scam.