17.03.2022
The Netherlands Authority for the Financial Markets (AFM) warns consumers not to respond to offers from Magnates Trade. This company is a suspected boiler room. Magnates Trade has approached persons without being asked, to offer them investment proposals. A boiler room is a collective term for fraudulent individuals and organizations using clever salespeople to call potential investors to pressure them into buying shares that promise high returns (cold calling). In reality the shares are either worthless or non-existent. The AFM has established that Magnates Trade does not have an AFM license or a European Passport.
Name: Magnates Trade
Address: Haarlemmerweg 331, 1051LH Amsterdam
Phone number: +39 351 226 1210, +31687371195, +31687102574, +3168463410, +31687886820, +31687002177, +31686068054
E-mail address: contacts@magnatestrade.com
Domain name: www.magnatestrade.com