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Fraudulent Website and Contact Information:

• Website: https://anderstrading.co/
• TikTok: www.tiktok.com/@anderstradingclips, www.tiktok.com/@trader_crew
• Instagram: www.instagram.com/@anderstrading

Beware! This firm is providing financial services without authorization. Avoid any dealings with them.

Anderstrading.co Domain Analysis

The domain anderstrading.co was registered on June 24, 2024, through GoDaddy.com, LLC. The registration is set to expire on June 24, 2025. The domain is currently protected with various prohibitive statuses, including clientDeleteProhibited, clientRenewProhibited, clientTransferProhibited, and clientUpdateProhibited, which prevent unauthorized changes or transfers. The domain is hosted by Hetzner Online GmbH, with an IP address in Germany. To protect their privacy, the registrant’s contact information is concealed through Domains By Proxy, LLC, based in Arizona, US.

The hosting servers are ns14.domaincontrol.com and ns13.domaincontrol.com. Despite being newly created, the website has established several backlinks, although its domain authority and search traffic are negligible. The site actively uses social media platforms like TikTok and Instagram to promote fraudulent activities.

Anders Trading’s website features 404 error pages and redirects, indicating poor site management or intentional deception to avoid detection. The site’s content includes trading instructions and funnels to lure victims into their scheme. The overall setup, including the hidden registrant details and questionable backlinks, suggests a high-risk fraudulent operation.

Anders-trading.co Review

Anders Trading claims to be a top-performing copy trading service with an impressive record from 2022 and 2023. The site is heavily marketed as offering a free day trading group where members can copy the trades of its founder, Anders Østerby.

Anders is portrayed as a highly successful trader with a degree in financial management, boasting to have turned his trading skills into a full-time endeavor since 2019. The site promises easy entry into the trading world without needing prior knowledge or experience, attributing this accessibility to sponsorship from reputed trading platforms. It highlights several selling points, including 24/7 support, a free mentorship program, and over 1,000 five-star reviews on Trustpilot. The site also features numerous testimonials and video interviews from purported satisfied members, emphasizing their profitability and positive experiences.

Anders Trading provides various methods for potential members to join, including social media links such as TikTok profiles and an Instagram account. The site also highlights articles featuring Anders Trading and offers tools to calculate potential earnings based on past performance. The website’s contact details include an address at 800 Boylston Street, Suite 2475, Boston, MA 02199.

Red Flags

Firstly, the domain anderstrading.co was only registered on June 24, 2024, indicating it is very new. This recent registration is a red flag, especially given the extensive claims of past success and large membership. Additionally, the registrant information is heavily protected and obscured through Domains By Proxy, LLC, which is common in fraudulent activities to avoid accountability.

Despite the claims of extensive trading history and success, the website has several 404 error pages and redirects, suggesting poor site management or intentional deception.

Furthermore, the heavy use of promotional language without verifiable proof, alongside the promise of significant earnings with minimal effort, aligns with typical characteristics of investment scams.

The claim of over 1,000 five-star reviews on Trustpilot, without a direct link to verify these reviews, raises suspicion.

Lastly, the emphasis on free membership due to sponsorships and the heavy marketing of the site as a unique and unbeatable trading group are common tactics used to lure unsuspecting individuals into scams.

Anders Trading Reviews

Trustpilot Reviews

Despite the enticing promises of high returns and numerous positive reviews on platforms like Trustpilot, many users have reported negative experiences.

Trustpilot shows mixed reviews, with a suspiciously high percentage of five-star ratings. However, a significant number of users (7% of reviews) have rated it one star, citing severe issues. Common complaints include being pressured into quick decisions with offers like a 40% deposit bonus, experiencing consistent financial losses, and dubious customer service interactions. For example, Stephen from GB warns, “The trading platform T4Trade is based in the Seychelles, so it is unregulated in the UK, which means your funds are not safe.” Katalin Koós describes the operation as similar to other known scams. At the same time, John Trainor labels it an “absolute con,” noting that most trades result in losses and that the founder profits mainly from commissions.

Red flags include the domain’s recent registration (June 2024), hidden registrant information, and claims of high win rates that do not align with user experiences. Additionally, there are numerous reports of fake reviews and manipulative tactics. Gordon Staines from GB notes, “It’s not a scam, and I believe the intentions are good. The cold facts are, it doesn’t work.” Using high-pressure sales tactics, such as requiring a minimum deposit to join the group and then upselling VIP memberships, further suggests fraudulent activity. This pattern of promising high returns while delivering significant losses, combined with the concealment of true trading performance, strongly indicates that Anders Trading operates as a scam.

Red Flags

1. High-Pressure Sales Tactics: Offering a 40% bonus for quick deposits and upselling VIP memberships under the guise of better returns is a common scam tactic. As Stephen from GB notes, “The 40% bonus if you deposit money within 24 hours is a classic pressure tactic.”
2. Fake Reviews and Misleading Information: Many positive reviews appear artificial, and there are allegations that negative reviews are being suppressed. Gordon Staines says, “He is buying fake reviews to increase his Trustpilot score.”
3. Unregulated Trading Platform: As several reviewers highlighted, operating through an unregulated platform in the Seychelles poses a significant risk to users’ funds.
4. Consistent Financial Losses: Many users report consistent losses and manipulated statistics. For instance, John Trainor states, “Most trades have lost… May as well throw your money into a fire.”
5. Non-Responsive Customer Service: Users like Ian Hunter report quick responses initially, followed by complete non-responsiveness after experiencing issues, suggesting a lack of genuine customer support.

These factors combined illustrate a pattern of deception and exploitation typical of financial scams.

Facebook Reviews

The reviews for Anders Trading on Facebook present a predominantly negative picture, with many users expressing dissatisfaction and allegations of fraudulent behavior.

Daniel Davies unequivocally states, “ITS A SCAM PLEASE DO NOT INVEST IN THIS SCAM,” echoing the sentiments of numerous other users who feel deceived.

Steinar Borge reports a financial loss, stating, “Lost 700 euros in 3 weeks,” highlighting the financial risks associated with the platform.

Anthony Durkin questions the authenticity of positive reviews, suggesting, “Clearly a scam with paid reviews,” and directing users to an external site that also flags Anders Trading as suspicious.

The recurring theme of users losing substantial amounts of money is prevalent. Roger Michael Collins shares his disheartening experience: “Every recommended trade so far has lost me money…. this is clearly not legitimate trading advice.”

This sentiment is reinforced by Mysco Gonelius, who criticizes the misleading marketing: “Claim to offer FREE access to their trading group. It turns out you need to pay a minimum of 300$ 300… It’s a scam.”

Several reviewers point out questionable practices around the supposed “free” services that require significant deposits before granting access. Ralph Strandvoll succinctly sums up the skepticism with, “FAKE / SCAM … Take a very good and close look at his way of explaining his business model and how you can use his example and trade accordingly. IT DOES NOT WORK THAT WAY …”

A few positive reviews, like that of Allan Eriksen, suggest that the service can be beneficial with proper guidance. However, even these reviews often acknowledge initial losses or the necessity of further deposits, which casts doubt on the overall reliability and transparency of Anders Trading.

The Bottom Line Regarding Anders Trading

The evidence overwhelmingly suggests that Anders Trading is a scam. The combination of recent domain registration, hidden registrant details, and manipulative sales tactics raises significant concerns. Despite the veneer of legitimacy provided by numerous five-star reviews, a deeper dive reveals a troubling pattern of financial losses and dubious customer service interactions. User experiences consistently highlight significant discrepancies between promised and actual results, with many citing severe financial losses and unfulfilled withdrawal requests.

Furthermore, the platform’s use of high-pressure sales tactics, unregulated status, and reports of fake reviews and manipulated statistics further compound the suspicion of fraudulent activity. Trustpilot reviews, while superficially positive, contain numerous detailed accounts of deceptive practices and consistent financial losses, casting doubt on the authenticity of the high ratings.

The responses from Anders Trading, which often deflect blame onto supposed impostors, fail to adequately address the core issues raised by users. The repeated emphasis on the founder’s supposed trading success contrasts sharply with the negative outcomes reported by numerous participants. This disparity, coupled with the aggressive upselling and lack of transparency, strongly indicates that Anders Trading operates as a sophisticated scam designed to exploit unsuspecting investors.

Therefore, it is strongly advised to avoid engaging with Anders Trading or similar platforms.