Passtrades displayed virtual forex balances but did not allow withdrawal

Passtrades was presented as a forex trading website, but the trading activity appeared to be simulated. The report describes payments going to the website owners while the site only displayed virtual money.

Although the account showed activity and apparent profit, there was no normal way to withdraw it. The report records a $1,000 loss.

A trading screen showing gains does not establish that funds are actually held or withdrawable. The ability to test a withdrawal should be checked before sending more money.