Exchangesafe Reviews 

16
TrustScore 2 out of 5

2.1

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2.1

Poor

TrustScore 2 out of 5

16 reviews

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2.1

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(16)

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Rated 1 out of 5 stars

Complete and utter scam.

DO NOT GIVE THESE PEOPLE YOUR MONEY. First red flag, they are not authorised by the FCA and highlighted with a warning and recommendation not to deal with them. Other red flags include the fact that they are a faceless and untraceable business; no LinkedIn profiles, rubbish website, registered in Switzerland etc. etc. They encourage you to take loans (!) to finance your investments. They will ring you every day at the beginning, sucking you in and manipulating you; but then ghost you when there are issues. Roy in particular, an utter scam artist, master manipulator. They will tell you your investments are making big returns, but you will never be able to take out larger sums of money never mind your initial deposit. Someone close to me has lost alot of money and is in serious financial problems. They target the vulnerable, the too trusting. Please do not give them a penny, they are trash and will get their comeuppance.

10 November 2023
Unprompted review
Rated 1 out of 5 stars

My ordeal was a very traumatic…

My ordeal was a very traumatic experience not until i got my life back in order. I was encouraged to invest all of my savings. A little over 60,000 it might not be much to some people, but it was my hard-earned money and i had thought i made the right decision with the huge profits i was making with the help of my fund manager. Early August i was pressured into taking a loan from the bank to increase my stake, this was when i had the feeling something was wrong. i started doing more research and realized i was swindled. I sworn at and shouted at when i asked for my money. i couldnt caare less about the profit at this time i just wanted my initial deposit. Marc my fund manager blocked me on all platforms and support wasnt helpful either. My advice to anyone who is also in this predicament Cybernetwork tech made sure i got back what was mine

8 June 2023
Unprompted review
Rated 1 out of 5 stars

Just Don't.

I wrote a long and very detailed account of my experience with this outfit, but decided ‘Total gob sh*te rip off’ was more succinct.
Frankly I spend more on a good night out than that which I've lost, but still, I don’t like getting ripped off whatever the amount.

27 September 2023
Unprompted review
Rated 1 out of 5 stars

Avoid at all costs

Avoid at all costs. My story is very much like all the others below, it involves Jacob Philips, false promises, always excuses why I couldn't withdraw funds, trying to make me invest more to withdraw what money was in the account. I now have several accounts opened with various companies that I have no knowledge of or access to. Do not believe a word they say, they sound convincing, they lure you in and you never get all of your initial investment back.
SCAM,SCAM, SCAM!

13 June 2023
Unprompted review
Rated 1 out of 5 stars

Exchange Safe is a disgrace and a scam

Exchange Safe is a disgrace and a scam. I wrote a review a few weeks ago about their utter lies! They are a bunch of arrogant criminals masquerading as legitimate brokers! Jacob Phillips has the audacity to threaten legal action against me for writing fake reviews! He and the rest of them should be in prison!! Utter scum!!

17 September 2023
Unprompted review
Rated 1 out of 5 stars

Scam

Joined exchangesafe after reading their promises using Trade AI.
Then received a call from Jacob Phillips your point of contact.
Gives story and sounded good - the investement on screen was showing steady return although you cant make any decisions.
Phone calls and only whats app messages from Jacob pushing other investments.
I didnt look the trading screen for a week or too - Jacob constanty contacting to speak - looked the screen - over 80k - yes crazy.
Knew from then - dealing with a total scam.
Jacob insisting if i deposite 8k into a Australian bank it would allow the 80k to be released.
Bla bla bla - this guy , this company total scam - then you get called on a Sunday night from a company in Mancester promising to get this money for you.- I put the phone down on them.
Anyway any deposite anyone has made to this out fit or speaking to Jacob Phillips - walk away - take the loss and spread the word.
AI trading companies setting up everywhere too.
Keep your money in the bank.
You will see exchangesafe reveiws too.
Same people - please this is the biggest scam .
And no regulation.

11 September 2023
Unprompted review
Rated 1 out of 5 stars

ExchangeSafe is a total scam

ExchangeSafe is a total scam. They work hard to get you investing using an AI equities/forex/futures/crypto platform but will never give you your money back.
Shorty after realising this, miraculously an “international fraud agent” will start calling you claiming they can recover all your money!
It’s a clever scam which is peppered with false market reviews and many global syndicates.
AVOID AT ALL COST!

5 September 2023
Unprompted review
Rated 1 out of 5 stars

This is a scam - here's how they do it.

Luckily I didn't fully trust this from the start. You are assigned an account manager who asks for an initial small deposit of £200 which is the minimum they say the account needs to start trading. Of course it does exceptionally well - the platform looks very convincing.

Only they can make withdrawals for you.

You are then advised to withdraw the profits as "proof" that this is not a scam. The thing is the profits are less than your investment. Once you are now convinced of the legitimacy you are pushed and pushed and pushed to invest more - they try for £2,500 - which will give your account access to the new IPO launch of some company.

I ended up investing £200, then another £1,000 because it all looked so good that I didn't want to miss out on an opportunity due to scepticism. I withdrew "£700 worth of profits" which Roy - my account manager - thought would be proof enough for me.

Once he realised I wouldn't invest more until I saw I could withdraw more than I'd put in he went silent. From calls every day I haven't heard from him since.

I'm lucky I only lost £500.

This is a SCAM and a very convincing one. DO NOT TRUST THEM.

11 August 2023
Unprompted review
Rated 1 out of 5 stars

This trading platform is a waste of…

This trading platform is a waste of time and they need to be stopped cos they not paying out, they will ask u to inv est but not given u anything pls dont wasnt your time with them, seek forrevenge with paper.ac who take there work to the next level to get out my papper exchangesafe held.

1 August 2023
Unprompted review
Rated 1 out of 5 stars

Horrible SCAMMERS!!!

Horrible SCAMMERS!!!
Please stay away from them thieves. I hope they get stopped before they do more harm to the people more than what they’ve done already.

14 July 2023
Unprompted review
Rated 1 out of 5 stars

It's a 100% scam don't evan think to invest

It's a 100% scam don't even think to invest ,just tell them when you register when they call you that you want to think about and read some reviews first you will see they will turn off the call because they know they can't reap the money from you( all the good reviews are from bot with fresh accounts)made by them to look legit but they are not at all .... what a joke...hope they get what they deserve ...alot of jail

12 July 2023
Unprompted review
Rated 1 out of 5 stars

SCAM - DO NOT TRUST - THEY HARRASS YOU

I was really impressed initially. A man called Jacob (maybe this is Eric) walked me through how everything would work. He asked me to limit what I invested initially to a few hundred pounds. He arranged a return of my money to show how that worked. I seemed to be making good profits on the AI trading, so invested some more money. Then I received a phonecall asking if I would like to buy a Bitcoin at a discounted price, for a spurious reason that didn't really add up. I showed enthusiasm to play along as I was concerned, and from there they offered me two bitcoins at a massively discounted rate. Again, this made no sense for an organisation which supposedly deals with millions of pounds worth of high end investors. I said that I would invest if I could get my money back to demonstrate to my wife that it worked; in the end, they only gave me 60% of my account holdings. I tried to close the account immediately after but am yet to receive the balance, 9 days and counting. I have spoken to 'Jacob' and 'Daniel' who have fobbed me off, talked about trust a lot yet shown no integrity whatsoever in what should be a simple business transaction. Also, as I started to dig more I noticed that most of these reviews were from people who had only ever left one review, that the guy (Jacob) who I spoke to that claimed to be based in Switzerland had a Whatsapp number with an Australian dial code, and that the business are not actually located in the building that they claim to be in Switzerland. 'Jacob Phillips', who I have been dealing with, does not appear to exist on the internet, or LinkedIn, and neither do Exchange Safe. I am actually taking legal advice and speaking to the Met Police Counter Fraud Team - where I have a friend - to see if I can take any further action. UPDATE - SINCE THIS REVIEW THEY HAVE HARRASSED ME EVERY FEW DAYS WITH CALLS. DO NOT TRUST THESE PEOPLE.

19 June 2023
Unprompted review
Rated 5 out of 5 stars

Top support team

I have been trading with them for a few weeks and found them very much professional, smooth, reliable and top support team! thank you

15 April 2023
Unprompted review

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