Should I Invest Money With Brighter Trade?

Investment ForumCategory: Broker QuestionsShould I Invest Money With Brighter Trade?
george asked 1 year ago

Hi fellow investors,

I got an email from Crypto World about their new trading system for Forex and Bitcoin, and they created an account for me with the brokers Brighter Trade.

Has anyone ever invested with this company Brighter Trade, and have successfully withdrawn their profit?

I have read about brokers that take forever to process withdrawals, and other brokers that do not allow you to withdraw your money at all. This broker is in Estonia, do they have a good regulatory system?

Thank you,


(I will probably just continue using Pepperstone, because they have tight spreads on Bitcoin)

38 Answers
Best Answer
Scam Trading Brokers Staff answered 1 year ago

Hi George,

When choosing a Crypto / Forex broker to trade with, ONLY use a licensed broker!

Your broker should be licensed and regulated in your home country. No honest broker would invest your money for you, because they profit when you lose money. See the list of licensed Forex brokers.

You should start with a Free Demo Account at

If you are having problems withdrawing your money, you may need the help of MyChargeBack.


Best Forex Brokers

Stuart Newberry answered 1 year ago

I responded to ‘Bitcoin Loophole’ which featured on a BBC programme “Dragons Den’ Something came up on FB about Bitcoin Loophole. I clicked on the article and then followed a link, which took me to Brighter Trade.

I completed the initial info and within seconds I had a call from someone who called himself Sean Hendricks. He sounded foreign (ie spoke English with a foreign accent) He said he was based in London. The number was 020 3769 0293. He was very pushy and wanted me to invest my initial £250 immediately. I told him I don’t operate that way as i want to check things and reflect before I made a decision. He said he didn’t want to deal with me as I wasn’t the sort of client he wanted to work with!

My reflection reveals this is a scam – so beware!

Tony Agrella answered 1 year ago

I transferred the amount 250 usd to be able to start, after Brighter trade received the money the stated that they needed to verify the account and needed a lot of personal information, which i am not prepared to give. I requested that they pay the money back into the account that it was received from. They refuse to do this, want a manager to talk to me about investing it , or i must fulfill the verification process (give copies of all my personal details )  to request a withdrawal. which will take 14 days after that.
This is what they want : sounds fishy to me.


Colour copy of a valid Government issued Photo ID
Examples of accepted Photo ID: Driver’s License/ National Identity Card/ Passport.
Expiration date must be valid. The entire document must be present in the copy uploaded including full name, ID number, photo and expiration date.
Colour Copy of a valid Utility Bill as proof of your current address. This can be a payment request/receipt, sent to your legal address, such as Water/ Electric/ Gas/ Internet/ Land Line Phone bill, or a recently issued bank statement. In order for it to be approved, the utility bill/bank statement must be issued within the last 6 months of submission. The entire document must be present in the copy uploaded including your full name, address, issuance date and utility company logo.
If a Credit Card was used to fund the account, we require front and back colour copies of the Card.

Robert Stordy answered 1 year ago

Hi TonyAgrella, did you get your £250 back from Brighter Trade.
I also paid the initial amount and wanted my money back, but they said that I would have to verify my details with the usual information.

Kevin.brownbill answered 1 year ago

I fell for this exact scam except they took £1200 from me . They want all my private delails. No way will I do this. Expensive lesson.. now cannot even log onto the web site. Passwords they send don’t work it’s a scam and this lot are thieves

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