WealthPros 365 claims to be a legitimate Forex brokerage firm that offers web trading with high leverage. However, we know basically nothing about this shady platform because the bogus website lacks much-needed transparency.

The information is scanty so we had to do some digging. Our findings are presented in the WealthPros 365 Review, which is why we urge you to read our analysis and learn why this platform is pretty risky and dangerous, just like Ixxen.

Legal Info: Is WealthPros 365 Regulated?

The obscure website only disclosed the address of this brokerage business. Namely, the firm is allegedly based in London but there is absolutely no information about this firm anywhere on the internet. We thus concluded that WealthPros 365 is not a licensed entity.

For that reason, the firm cannot be trusted. The absence of supervision from the UK’s Financial Conduct Authority (FCA) implies that the broker’s clients aren’t protected by the financial ombudsman or the compensation scheme. 

Instead of trusting unlicensed tricksters, you should stick to regulated providers operating under the watchful eyes of esteemed financial authorities such as the FCA (UK), CFTC & NFA (US), ASIC (Australia), IIROC (Canada), BaFin (Germany), MAS (Singapore), CySEC (Cyprus), etc.

Who Are WealthPros 365’s Targets?

According to godaddy.com/whois, the Wealthpros365.com website domain was created on February 16, 2023. Since then, the financial swindler has mainly been targeting unsuspecting traders who reside in the following countries:

• Canada;
• United Kingdom;
• Greece;
• Albania.

The UK and Canada in particular are known for heavy financial market regulations, especially when it comes to Forex and digital assets. One of the key laws stipulates that each financial market participant is required to possess a necessary license or permit.

We have already stressed the fact that WealthPros 365 is not licensed by the FCA to operate under that jurisdiction. Furthermore, the broker directly violates the UK regulator’s rules, specifically regarding the maximum leverage, by offering up to 1:400 while the FCA’s cap is 1:30.

Trader Reviews – Sharing Experiences

Truth be told, WealthPros 365 received surprisingly positive feedback on a couple of less popular forums, but it’s important to mention that there weren’t that many reviews.

Whether these reviews are honest, we do not know. Nevertheless, we did also find some complaints against the broker. 

“Try to ask them for a withdrawl for the half your balance they will refuse. They will grow up the swap that you will never win A PENNY and you will lose ALL YOUR MONEY,”

one trader stressed on personal-reviews.com, indicating withdrawal issues.

Be wary of fake reviews because it’s a common trick used by the likes of OroTrader to deceive traders. For that reason, please avoid trading on unregulated platforms and instead stick to transparent and licensed providers.

Which Trading Platform Is Available?

The WealthPros trading platform is a fairly simple browser-based terminal that supports popular tradable instruments and options such as Forex currency pairs, commodities, stocks, and cryptocurrencies.

There’s a mobile platform available for Android and iOS as well. However, the demo account is missing so we couldn’t check out the platform for ourselves. Nevertheless, if you want a pure trading experience, you should stick to licensed providers that support proper third-party software such as MetaTrader 4, MetaTrader 5, or cTrader. 

MT platforms are arguably the best in the industry, enabling traders to utilize innovative tools such as automated & algorithmic trading, advanced charting, live market reports, branch optimization, 20+ timeframes, EAs, a user-friendly interface, etc.

Available Live Account Types

Leverage, Spreads, Commissions, Demo Account

The maximum leverage that WealthPros 365 offers is 1:400, which, as we mentioned, is significantly higher than the legal cap for retail clients in the UK (1:30). High leverage can amplify potential profits but also potential losses, and the latter usually occurs.

As for the spreads, the broker simply mentioned “silver/gold/platinum spreads” without revealing any concrete pips. Commissions were not disclosed either.

If you are a beginner, you should not be risking real money straight away. That’s why every legitimate firm nowadays offers a demo account. WealthPros 365 does not though, which is why you shouldn’t trust the broker. 

Deposit and Withdrawal Process

WealthPros 365 states that there are three available payment methods that can be used to fund live trading accounts:

• Credit/debit cards (MasterCard, VISA);
• Wire transfers;
• E-wallets (PayPal, Skrill, etc.);
• Cryptocurrencies.

In case you deposited funds via MasterCard or VISA credit/debit cards, you can request a chargeback at the issuing bank within 540 days and reverse the transaction. Wires can be reversed via a recall but this action can only work for transactions yet to be completed.

The shady company did not disclose which payment methods can be used to deposit funds. However, we found out that funds can be withdrawn to Bitcoin wallets. Fees and the minimum deposit requirement are unknown as well, which just shows the alarming lack of transparency.

To reverse crypto transactions, you’re going to need to seek out professional assistance as these types of payments can be a nightmare to refund. Luckily, we have a team of experts that can help you recover your funds.

Key Facts To Consider About WealthPros 365

To sum up, our verdict is that this Forex trading platform is nothing but a hoax to defraud mainly traders from the United Kingdom, Canada, Greece, and Albania.

We do not recommend this brokerage firm because it is anonymous and unregulated. You are likely to experience withdrawal issues. In case you have also lost money to the WealthPros scam, you must seek our professional help to recover your funds!

Use the form below to book your free consultation with Scam Brokers Reviews and tell us more about your case. Our team will gladly guide you through the fund recovery process and assist you every step of the way.

Book your consultation with us today and start the chargeback process.

FAQ Section

What is WealthPros365?

WealthPros 365 is an anonymous scam broker operating via a web platform with high leverage.

Which Trading Platform Does WealthPros365 Offer?

The unregulated broker offers oversimplified and ineffective web and mobile trading platforms with limited features.

What Can I Do If I Was a Victim of a Scam Broker?

You should book a consultation with our team and tell them about your case. They will explain to you how a chargeback works.

Don’t believe the many alleged sports sponsorship deals, it’s all part of the deception. We’re dealing with a full blown forex scam that tries to impersonate a fully licensed company from Hong Kong.

Our EverMarketsfex review will give you ample reason to avoid this firm, and offer helpful insight into the process of fund recovery.

Unproven Connection To Legit Firms

The brokerage website claims to be operated by Ever-long Capital Management Ltd, properly regulated by the Hong Kong financial authority – SFC. This branch that provides financial services is owned by Styland Holdings, better known as the Styland Group. 

The problem is that there’s no genuine association between evermarketsefex.com and the mentioned companies. Nowhere do these companies state that they run this particular domain. Only the trading website makes such statements. 

This and the fact that the site is only available in Spanish made us wonder if there’s any truth in these claims at all. Since there’s no more proof except for the broker’s words, we can assume that the fraud picked the name of a legal entity to claim connection to in order to appear more credible.  

Fraudulent Scheme At Work

The evermarketsefex.com website was launched in September 2023, as you may see in the WhoIs register. The fraud mostly targets the people from these nations:

• Spain
• Germany
• Bulgaria

The greater part of the scheme is done by boiler room agents, in a scenario similar to the FXPremium scam. You won’t hear anything but vague promises from these persuasion experts, as they snicker their way into your wallet.

It starts with a small sum at first, but their voracious appetites won’t be sated until they bleed you dry. Recovering the lost funds is possible, but only with professional help.

Paid Reviews Deceive Investors

To help with the fakery, this faux forex service utilizes the same strategy as the Bitlerz con – they pay review seller networks to post misleading content on online rating platforms.

Although the TrustPilot site is currently packed to the brim with bogus comments. The ones that are critical of the company’s service are starting to pile up as of late.

How Trading Terms Are Calculated

Unregulated brokers can allow some trading parameters to reach values that strict regulatory authorities would never allow. For instance, this trading portal allows the maximum leverage of 1:3000. 

Aside from the fact that you can extremely quickly be left empty handed, you’ll also be charged with higher fees. While the industry average spreads start at less than 1 pips on EUR/USD, standard spreads on this platform are 2 pips on Forex majors. 

Promotions And Cashback Programme

Although there’s currently no ongoing promotions at the time of writing this review, the company claims to occasionally offer them. Apart from that, there’s also a discount program as a part of the loyalty campaign. 

All users participating can be awarded with bonus points (ALPs) that they can cash in later. Also there’s discounts and refunds for funding fees, exchange rate and swap redemption.

Attractive But Not Entirely Honest Features

As a part of their deceptive strategy, the firm offers most popular technological solutions in terms of trading software. However, that still doesn’t change the fact that the website isn’t as honest and transparent as you’d expect them to be. Especially when it comes to account types and assets available.

Best Software Combo Misused

Sadly, the most prestigious trading software today serves as just another bait for enthusiastic investors. There’s no doubt that MT4 and MT5 rule the online trading market on all levels thanks to their functionality, reliability and speed. However, in the hands of another unlicensed and therefore untrustworthy Forex dealer, their original purpose is defeated. 

Alpari Mobile Variations

This particular app is another addition to the attractive software offer. There’s a trio of these mobile apps- Alpari Mobile, Alpari Invest and Alpari Fix-Contracts. Each add-on serves a particular purpose, such as quick deposits, fund- management and trading. These apps can be downloaded from Google Play but the Apple Store links are broken for whatever reason. 

Missing Trading Instruments

No full disclosure of trading assets is ever given on the website. While there’s numerous mentions of Forex trading all over the site, we could barely find any information about individual instruments.

Here’s the full list of advertised instruments:

• Forex (EUR/USD, AUD/USD, EUR/JPY)
• Cryptocurrencies (BTC/USD, DASH/USD)
• Metals (Gold, Silver)
• Energies (Brent)

Any seasoned trader will tell you that investing is literally impossible without clear and precise market information. Reputable brokers will always provide complete datasheets on trading instruments, including the average spreads, commission, and other crucial data.

Poorly Marketed Accounts

The transparency problems don’t just revolve around the company’s legal background. For some reason, getting the thorough information on the available packages and their prices is made extremely difficult. The website only mentions these account types:

• Standard
• ECN
• Pro.Ecn
• Nano – $250
• PAMM – $50

Additional information is given in the legal docs section, but not even there is it clarified how much other bundles cost. Only the basic trading parameters we’ve already explained are available there and they differ from the ones posted on the site!

Dictionary As Education Material

The high-quality education advertised on the platform is anything but. Instead of the claimed expert classes, what you get is an English to Spanish dictionary!

There, we can see the terms most commonly used in financial parlance poorly explained in some shallow articles. Indeed, a wikipedia page will give you more information on the subject.

Withdrawal of Funds

As any other fraudulent trading portal we’ve reviewed before, this one also omits crucial information about payouts. What’s more, there’s no separate legal paper that provides any additional data on the processing time or fees. 

The web presentation that deals in deposits only clarifies what methods are used for depositing and their fees range from 0% to 6.6%. However, we can’t tell if any of these conditions and payment channels are also available for withdrawing cash. 

Support Doesn’t Care About Clients

Direct channels for contacting the EverMarketsefex support do not exist. There’s a single email and a phone number, but no one guarantees you’ll ever get a response. After all, each of these illicit entities is only pushy and available to contact until they get you to deposit. 

Got Defrauded? Get Expert Help Here!

The evermarketsefex.com website purposely makes any navigation difficult in order to obfuscate much of the crucial information. We have done our diligence to reveal the truth about EverMarketsfex scam.

There’s literally no pros to dealing with this faux broker, but plenty of downsides exist. The crucial ones are the lack of regulation and EverMarketsfex withdrawal. If you’ve invested with this firm, it would be prudent to start a chargeback as soon as possible. You may contact our legal team at any time through the live chat.

FAQ Section

What is EverMarketsefex?

It is an unscrupulous project trying to appear legitimate through false association with regulated firms.

Where Does EverMarketsefex Operate?

The firm claims to be located in Hong Kong and is most active in Spain, Germany and Bulgaria.

Can I Recover Money I Lost With a Scam Broker?

Yes! If you contact our legal experts promptly, you can get advice and information on how to get your lost investment back.

Mega Stack company is one of those that are changing domains regularly. But also vanishing and resurrecting quite quickly. Don’t be surprised if they come up with a different brand soon. If they didn’t already.

Nevertheless, even without FCA warning, you could see scamming patterns. We are going through every bit of their offer and conditions in this Mega Stack review. Hopefully, it will help you avoid other illicit brokers in the future.

Legal info: Is Mega Stack legit or a scam?

To sum it up, they are a scam. Here’s why. Firstly, the company claims to be regulated by the UK’s FCA. Not only is that a lie, but FCA has issued a warning against them. In addition to that, the company doesn’t have any other Tier 1 license. For example, CFTC, BaFin, or ASIC. To be honest, such regulated brokers wouldn’t be on the FCA warning list.

Anyway, after this discovery, you can’t trust mega-stack.com a bit. Very often, you will see such brokers promising funds protection features. For instance, negative balance protection, segregated bank accounts, or compensation schemes. However, without regulation backup, that’s worthless.

Who are Mega Stack clients?

To make everything even worse, the company has targeted traders from some highly regulated countries. If your country is not on the list, comment below and share your opinion about the firm. Most of the victims are coming from:

• United States
• Mexico
• Brazil
• Canada
• India

Leverage, Commissions, Spreads, Fees and Taxes

One of the leading scam signs is a lack of transparency about trading conditions. This way, the brokerage ensures a manipulative trading environment that you can’t choose. At least not before depositing money. Keep in mind that all UK-based brokerages can offer a maximum leverage of up to 1:30.

Sadly, without a demo account access, we are not able to test their spreads and commissions. Moreover, there are no publicly available Mega Stack reviews, so that we can see what other traders say. Anyway, not worth the trouble. To see why transparent trading conditions are important, read our DMG Markets review.

Mega Stack Trading Features

The company has been presenting itself as trusted and reliable. Yet, with their web-based software, that’s far from reality. Obviously, they are all about manipulation, one way or another. But very shortly, you will see more and more warning signs.

Trading Platforms Available

In general, experienced traders prefer trusted third-party software solutions. Some of the most popular ones are cTrader and MetaTrader. Yet, Mega Stack broker chooses a web-based platform.

These platforms very often offer only basic trading tools, indicators, and charting customization options. But the biggest flaw comes with the acknowledgment that the market data and profits can be manipulated. But if you check our Axecap review, you will see that software can’t make a broker legitimate.

Available Trading Assets

Another flaw of the Mega Stack scam broker is that it is missing one key instrument category – stocks. As one of the easiest-to-understand categories, many traders start with that first. Instead, you will have to choose between:

• Forex – USD/GBP, AUD/NZD, EUR/SEK
• Indices – DAX 30, FTSE 100, ASX 200
• Commodities – gold, natural gas, crude oil
• Cryptos – BTC, ETH, LTC

Account Types

The account types with Mega Stack company present nothing more than the amount they want to steal from you. None of the benefits are real, and you shouldn’t fall for their dirty tricks to deposit more money.

After all, they have an unreasonably high minimum deposit requirement of $500. Yet, they don’t offer any micro trading or demo account options.

Mobile Trading App

Trading on a mobile device can be quite frustrating sometimes. But that’s happening only if you do it through the browser, which is the case here. Sadly, there are no iOS or Android apps available.

Demo Account

Generally speaking, scam brokers who are hiding trading conditions won’t offer a demo account. Otherwise, they would expose more and more flaws they have. 

Instead, you can choose a top-tier licensed firm and enjoy maximum comfort and security.

Education

Educational packages with non-licensed firms can be quite tricky. Primarily because those companies are not authorized to provide financial services. Therefore, how can they teach you? Currently, the company is not offering anything, which we can consider positive, knowing they are known as a scam company.

Mega Stack Withdrawal

One of the major warning signs not to deposit here is their funding method. In fact, the company only accepts anonymous crypto payments. On top of that, these are hardly traceable transactions. 

But be careful; there are also payment options that might look legitimate. Sometimes, you’ll have the option to pay with the card, while in reality, you are purchasing crypto directly in their wallet. Make sure you research that before sending any money. 

Lastly, the company is not sharing any precise fees. Consequently, you can expect manipulations there as well.

Customer Support

The company offered only e-mail and phone numbers as contact options to make everything worse. But when they disappear, nothing of that matters. You won’t be able to get in touch with them anyway. After all, you can see why regulated companies are far more reliable, even for support options.

Key Information To Consider About Mega Stack

Everything about this company is suspicious. Starting with ownership and contact details, lack of regulations, and misleading information about licenses. Not to mention shady software and fairly unclear trading conditions. All in all, nothing to cry for.

We know it’s hard to accept that you were scammed. But it’s not the end of the world. Neither is that first or last time. However, it’s important to know the steps for funds recovery. Since you were most likely sending crypto to this firm, we suggest you contact our refund specialists today. With our CipherTrace technology, you can be closer to your money than you think. Book your consultation now.

FAQ Section

What is Mega-Stack.com?

Mega Stack is an anonymous brokerage pretending to be FCA regulated but in reality, they are exposed as a scam.

Who Owns Mega Stack?

The ownership of this trading brand remains unknown to the public. Which is one of the leading scam signs in this industry.

Is It Possible to Recover from an Investment Scam?

Definitely, yes. The refund method depends on the payment options you were using. For detailed guidance, feel free to contact our chargeback specialists.

Swiftco Trading firm is one of those offering insanely high returns with zero risk involved. Doesn’t that sound like a fairy tale? If that’s a secure way of investing, why do they need you?

You can find all these and many more answers in our comprehensive SwiftcoTrading review. But expect the unexpected. This company is hiding so many things in plain sight.

Legal info: Is SwiftcoTrading legit or a scam?

If you check the swiftcotrading.com website, you will recognize standard scamming offers. Huge returns in a short time with minimum risk involved. On top of that, the company claims to be regulated. No less than by the Australian Securities and Investments Commission (ASIC). However, their database doesn’t hold any records of this scam firm being licensed.

In the first place, such a regulator would never accept a company that promises profits. If you were hoping they have any other Tier 1 license like FCA, BaFin, or CFTC, no. They don’t. From now on, you can consider their whole offer to be a fraud. But here’s why.

Who are SwiftcoTrading clients?

In the first place, the company has been active since 2020, not 1989, as they claim. At least not under this brand according to who.is. To make everything even worse, they are targeting countries with strict regulations. As can be seen, they are mostly scamming traders from:

• United States
• South Africa
• Nigeria
• Croatia
• Kenya

If this firm also contacted you, don’t hesitate to reach out to our experts for advice. Especially if you were sending them money. Time is crucial in the fund recovery process.

Traders Reviews

Another warning sign comes with SwiftcoTrading reviews. Even though there are only 19 comments on Trustpilot, that’s enough for a reasonable person to understand what’s going on. This company is most likely running a Ponzi scheme behind its services.

At least 32% of clients were defrauded in one way or another. But if this group of fraudsters somehow tricked you, feel free to contact us for advice.

Leverage, Commissions, Spreads, Fees and Taxes

Since this company doesn’t offer regular trading services, there are no standard trading costs. Instead, you have different investment plans with a range of fees required. As for the non-trading fees, you can expect a 0.5% clearance fee for amounts up to $1.000.

In addition to that, you can expect a hefty fee if you are not investing regularly. After 60 days of inactivity, you’ll be required to pay $200 as a dormant fee. Lastly, there’s a 0.5% maintenance fee charged every last day of the month, along with a 5% cryptocurrency swap fee. Slowly but surely, ripping you off.

Bonuses

Generally speaking, bonuses are not standard with this kind of investment firm. After all, they promise you quick returns. Therefore, no need for bonuses. Still, SwiftcoTrading briefly mentions some bonus funds in their T&Cs. Yet, the policy doesn’t reveal any terms. Consequently, you can expect additional manipulations.

SwiftcoTrading Trading Features

As can be seen, the company is highly promoting crypto investment services. Not to mention, their payment methods only include cryptos, which is a warning sign by default. Especially after you realize the company is lying about US and Australian licenses.

Trading Platforms Available

Since this investment firm is the one investing for you, the trading platform remains unknown. But it would be professional to see how they do it. Anyway, there are far better options for regular traders. Just pick any Tier 1 licensed firm with MT5 or cTrader included.

Available Trading Assets

Tradeable assets with SwitftcoTrading are only known to their employees. Most likely, they are making up a lot of stuff just to attract investors. But to understand how to recognize the right investment firm, check out our GIFX Prime review.

Account Types

Here comes the interesting part. The company offers four different investment plans. Yet, all the same. Once you see how those are structured, you will see a Ponzi scheme pattern. The options are:

• Bronze – $20 / 20% return after 24 hours
• Silver – $1.000 / 50% return after 24 hours
• Gold – $5.000 / 100% return after 48 hours
• Diamond – $30.000 / 250% return after 168 hours

Mobile Trading App

With their poorly designed website and a lot of mistakes there, we didn’t expect any apps. And we were not wrong. The company doesn’t offer any iOS or Android app for investment tracking. Everything is done on a web-based dashboard, which their agents can easily manipulate through the back end.

Demo Account

Overall, demo accounts are not a part of any investment firm. Especially not the scamming one. Primarily, if they offer any similar feature, it would expose all of their flaws. Luckily, we already know too many.

SwiftcoTrading Withdrawal

Important to realize is that this firm is not revealing any withdrawal policies. Only a few details are known through their FAQ section and refund policy. 

In the first place, the minimum withdrawal amount is $20. Thus, if you want to withdraw $20, you will be charged a $30 withdrawal fee since the withdrawal fee is 3.5%, and all fees below $30 will be capped at $30. As for the maximum fee, you can expect $3.500. But once you get to that point, you will leave all of your money with this company.

Customer Support

Another discrepancy comes with the company’s support. They are revealing the Australian address and UK phone number. Is it VOIP service or not, we wouldn’t know. Most likely, yes.

Besides this shady phone, you can reach them via e-mail and live chat. However, many traders filed complaints against their support.

Key Information To Consider About SwiftcoTrading

In the first place, they are misleading traders about regulations. They are not listed in any Australian or US regulatory database. On top of that, they are promising fixed returns on a daily basis. Not something regulated firms do. We all know trading involves risk.

If you were also involved in this trickery, feel free to contact us. Our refund team is offering a free first consultation regarding chargeback procedures. Book yours now.

FAQ Section

What is SwiftcoTrading?

SwiftcoTrading is a fake investment firm offering crypto high-yield investment plans without any credibility.

Is Crypto Mining a Legitimate Business?

Crypto mining is absolutely legitimate. Any company or individual can do it. But you never know what company to trust.

Can I Recover Stolen Crypto?

Yes. Every crypto transaction leads to a verified wallet. Our refund specialists can help you with our CIpherTrace technology to track it down. Get in touch and find out more.

OcoDigi Review 2023 – Is OcoDigi legit or a scam?

In the dynamic realm of online trading and investments, the rise of deceptive entities pretending to be reputable brokers poses a significant concern. OcoDigi has garnered attention recently due to suspected fraudulent activities, generating apprehension and necessitating thorough scrutiny. Through this extensive OcoDigi review, our objective is to offer an impartial evaluation by presenting verifiable facts and information obtained from reputable and trustworthy sources.

 Website – https://ocodigi.com/

Website Availability – Yes

 Address – Mouson 25, Limassol 3016, Cyprus

 Warned By – The Central Bank of Russian Federation (Russia)

Domain Age of OcoDigi

Identifying a Scam Broker: Key Indicators

Unregulated and Unlicensed

One of the foremost indicators of a potential scam broker, as emphasized in the OcoDigi Review, is the absence of regulation and licensing. Legitimate brokers are required to obtain licenses from reputable financial regulatory authorities, a crucial step in guaranteeing adherence to stringent industry standards and rules.

Investors face a heightened risk of encountering fraudulent practices when dealing with unregulated and unlicensed brokers. The absence of clear regulatory oversight and licensing poses significant concerns regarding the broker’s credibility and the security of clients’ assets. It is crucial to exercise caution and conduct due diligence when engaging with such brokers to safeguard your financial interests.

Negative Feedback and Scam Reports

The prevalence of negative feedback and scam reports from clients and industry professionals, as emphasized by OcoDigi Review, is a telltale sign of a scam broker. Several reports of fraudulent operations, immoral behavior, and financial losses raise doubts about the company’s credibility. Before entrusting their investments to any brokerage firm, potential clients should conduct research and examine the experiences of others. To protect your financial interests, it’s critical to stay knowledgeable and vigilant.

Poor Customer Support and Withdrawal Issues

Scam brokers frequently use delayed or denied withdrawal requests to keep clients’ assets and prevent them from leaving the platform. Customers become frustrated and have worries about the company’s honesty when payments are not available or are delayed for an extended period.

Protecting Your Investments From Scams

Trading in markets like Forex, Binary Options, and Cryptocurrency can be lucrative, but it comes with risks, including potential encounters with deceitful brokers. Protecting your assets from scams like Ocodigi.com and other fraudulent entities requires vigilance and a proactive approach. Here are essential precautions to consider when dealing with dubious brokers:

• Before engaging a broker, do extensive research on them. Investigate their licenses, regulatory status, and track record.
• Check online OcoDigi reviews, forums, and social media platforms for feedback and experiences shared by other traders. This can provide valuable insights into the broker’s reputation and reliability. You can also check our list of scam brokers 2023.
• Only choose brokers that are properly regulated and licensed by recognized financial authorities.
• Ensure the broker has a physical address and contact details that can be verified.
• Read through their terms and conditions, privacy policy, and risk disclosures to understand their policies and procedures.
• Evaluate the broker’s customer support services before opening an account. Prompt and efficient customer support is essential for addressing queries, concerns, and issues.
• Be wary of brokers that make extravagant promises, such as guaranteed profits or high returns with minimal risk.
• Remember that trading involves inherent risks, and no broker can guarantee consistent profits.
• Review the broker’s withdrawal policies and procedures. Ensure they provide clear and straightforward processes for withdrawing funds.
• Don’t rush into decisions. Take the time to evaluate all aspects and make an informed choice.

Traders can lessen their risk of falling victim to Ocodigi.com or other scams and preserve their financial assets by following these suggestions and keeping cautious. Keep in mind that extensive research and due investigation, such as reading a OcoDigi review, are critical to ensure a safe and dependable trading experience.

Are you a victim of the OcoDigi scam? Get your lost money back!

If you are the one who got scammed by Ocodigi.com or other fraud, the best solution recommended for getting your lost money back is Report Scam Community

We are one of the few legit recovery assistance organizations that are concerned with a victim’s recovery from losses. We are a committed team of Recovery specialists who have already helped hundreds of scam victims in recovering their lost money. Report Scam provides free consultation and anyone can register by filling out a very short complaint form.

OcoDigi Review: OcoDigi Scam Conclusion

Given the facts and traits frequently linked to fraudulent businesses, it is impossible to ignore the concerns surrounding Ocodigi.com, as indicated in the OcoDigi Review, as a possible scam. When choosing a broker, traders and investors should proceed with extreme caution, making sure they select a reputable, licensed, and regulated company. Making sure a broker is legitimate, looking for unbiased evaluations, and doing extensive research are all crucial steps in safeguarding against fraud and financial losses.

Also, to prevent yourself from scams like – Forex scams, Binary scams, Romance/Dating scams, Cryptocurrency scams, or any other scams, you should pick a broker or company regulated by some major regulators like FCA, FINMA, SEC, FMA, ASIC, etc. Check the reviews of brokers and also read the policies and terms and conditions.

To read more about Scam Brokers and their Reviews, Visit Scam Brokers 2023 Page to avoid Cryptocurrency trading scams, Forex trading scams, or other online scams.

Note: The OcoDigi review written above is influenced by the other OcoDigi reviews already present on the web. We are not liable for any legal action from the Ocodigi.com company. In case of any query please mail us at info@reportscam.net.

StarqEmic Review 2023 – Is StarqEmic legit or a scam?

In the dynamic realm of online trading and investments, the rise of deceptive entities pretending to be reputable brokers poses a significant concern. Starqemic.com has garnered attention recently due to suspected fraudulent activities, generating apprehension and necessitating thorough scrutiny. Through this extensive StarqEmic review, our objective is to offer an impartial evaluation by presenting verifiable facts and information obtained from reputable and trustworthy sources.

 Website – https://starqemic.com/ and https://starq-emic.co/

Website Availability – Yes

 Address – Exo Vrisis 12, Paphos 8047, Cyprus

 Warned By – The Central Bank of Russian Federation (Russia)

Domain Age of StarqEmic

Identifying a Scam Broker: Key Indicators

Unregulated and Unlicensed

One of the foremost indicators of a potential scam broker, as emphasized in the StarqEmic Review, is the absence of regulation and licensing. Legitimate brokers are required to obtain licenses from reputable financial regulatory authorities, a crucial step in guaranteeing adherence to stringent industry standards and rules.

Investors face a heightened risk of encountering fraudulent practices when dealing with unregulated and unlicensed brokers. The absence of clear regulatory oversight and licensing poses significant concerns regarding the broker’s credibility and the security of clients’ assets. It is crucial to exercise caution and conduct due diligence when engaging with such brokers to safeguard your financial interests.

Negative Feedback and Scam Reports

The prevalence of negative feedback and scam reports from clients and industry professionals, as emphasized by StarqEmic Review, is a telltale sign of a scam broker. Several reports of fraudulent operations, immoral behavior, and financial losses raise doubts about the company’s credibility. Before entrusting their investments to any brokerage firm, potential clients should conduct research and examine the experiences of others. To protect your financial interests, it’s critical to stay knowledgeable and vigilant.

Poor Customer Support and Withdrawal Issues

Scam brokers frequently use delayed or denied withdrawal requests to keep clients’ assets and prevent them from leaving the platform. Customers become frustrated and have worries about the company’s honesty when payments are not available or are delayed for an extended period.

Protecting Your Investments From Scams

Trading in markets like Forex, Binary Options, and Cryptocurrency can be lucrative, but it comes with risks, including potential encounters with deceitful brokers. Protecting your assets from scams like Starqemic.com and other fraudulent entities requires vigilance and a proactive approach. Here are essential precautions to consider when dealing with dubious brokers:

• Before engaging a broker, do extensive research on them. Investigate their licenses, regulatory status, and track record.
• Check online StarqEmic reviews, forums, and social media platforms for feedback and experiences shared by other traders. This can provide valuable insights into the broker’s reputation and reliability. You can also check our list of scam brokers 2023.
• Only choose brokers that are properly regulated and licensed by recognized financial authorities.
• Ensure the broker has a physical address and contact details that can be verified.
• Read through their terms and conditions, privacy policy, and risk disclosures to understand their policies and procedures.
• Evaluate the broker’s customer support services before opening an account. Prompt and efficient customer support is essential for addressing queries, concerns, and issues.
• Be wary of brokers that make extravagant promises, such as guaranteed profits or high returns with minimal risk.
• Remember that trading involves inherent risks, and no broker can guarantee consistent profits.
• Review the broker’s withdrawal policies and procedures. Ensure they provide clear and straightforward processes for withdrawing funds.
• Don’t rush into decisions. Take the time to evaluate all aspects and make an informed choice.

Traders can lessen their risk of falling victim to Starqemic.com or other scams and preserve their financial assets by following these suggestions and keeping cautious. Keep in mind that extensive research and due investigation, such as reading a StarqEmic review, are critical to ensure a safe and dependable trading experience.

Are you a victim of the StarqEmic scam? Get your lost money back!

If you are the one who got scammed by Starqemic.com or other fraud, the best solution recommended for getting your lost money back is Report Scam Community

We are one of the few legit recovery assistance organizations that are concerned with a victim’s recovery from losses. We are a committed team of Recovery specialists who have already helped hundreds of scam victims in recovering their lost money. Report Scam provides free consultation and anyone can register by filling out a very short complaint form.

StarqEmic Review: StarqEmic Scam Conclusion

Given the facts and traits frequently linked to fraudulent businesses, it is impossible to ignore the concerns surrounding Starqemic.com, as indicated in the StarqEmic Review, as a possible scam. When choosing a broker, traders and investors should proceed with extreme caution, making sure they select a reputable, licensed, and regulated company. Making sure a broker is legitimate, looking for unbiased evaluations, and doing extensive research are all crucial steps in safeguarding against fraud and financial losses.

Also, to prevent yourself from scams like – Forex scams, Binary scams, Romance/Dating scams, Cryptocurrency scams, or any other scams, you should pick a broker or company regulated by some major regulators like FCA, FINMA, SEC, FMA, ASIC, etc. Check the reviews of brokers and also read the policies and terms and conditions.

To read more about Scam Brokers and their Reviews, Visit Scam Brokers 2023 Page to avoid Cryptocurrency trading scams, Forex trading scams, or other online scams.

Note: The StarqEmic review written above is influenced by the other StarqEmic reviews already present on the web. We are not liable for any legal action from the Starqemic.com company. In case of any query please mail us at info@reportscam.net.

BTB Inc Limited is a UK-based company engaged in fund management activities. However, this entity is not licensed to legally provide services and manage clients’ money.

We thus urge you to read our honest BTB Inc Review and learn exactly how the firm violates regulations and laws and which implications such actions have. Also, we offer our professional fund recovery services, in case you got tricked by the likes of BTB Inc or SWKInvest.   

Legal Info: Is BTB Inc Regulated?

BTB Inc Limited was incorporated in the United Kingdom on February 6, 2023. The firm was registered under the code 66300 – fund management activities. Yet, it does not possess the necessary license in order to legally operate.

This was confirmed by the UK’s Financial Conduct Authority (FCA) on October 30. Namely, the FCA issued a warning to local traders, stressing that the BTB broker is not authorized to provide services.

In case you trade on this platform, you “won’t be protected by the Financial Services Compensation Scheme (FSCS) if things go wrong. This means it’s unlikely you’d get your money back if the firm goes out of business,” the FCA says.

Instead of trusting unlicensed phonies, you should stick to regulated providers operating under the supervision of reputable financial authorities such as the FCA (UK), CFTC & NFA (US), ASIC (Australia), IIROC (Canada), BaFin (Germany), MAS (Singapore), CySEC (Cyprus), etc.

Who Are BTB Inc’s Targets?

According to godaddy.com/whois, the BTB.inc website domain was created on February 6, 2023. Since then, the financial swindler has been targeting mainly unsuspecting traders who reside in the following countries:

• United Kingdom;
• United States;
• Philippines;
• Canada;
• India.

These countries are known for heavy financial market regulations, especially the UK and the US. A common rule they all have in force stipulates that each financial market participant is required to possess a necessary license or permit. 

As we stated previously, BTB Inc is not authorized to provide Forex trading services. The broker directly violates regulations by offering bonuses, which are banned in the UK.

Trader Reviews – Sharing Experiences

At the time of this writing, BTB Inc received 3.8 reviews and an average score of 3/5 (average) on trustpilot.com. Although there are mixed reviews, the complaints seem more compelling and honest.

One unfortunate victim claims that “to withdrawal any monies at all, they are requesting $23,000.00 + for liquidation fees before releasing the funds,” which is yet another illegal thing to ask a client. More negative reviews can be found on scamadviser.com. 

The webparanoid.com check gave BTB Inc’s website a poor trust score too. Please avoid trading on these platforms and instead stick to transparent providers with credible licenses.

Which Trading Platform Is Available?

Like TradeUltra, BTB Inc offers MetaTrader 5, a popular cutting-edge platform with a wide range of advanced tools for trading popular Forex currency pairs, commodities, stocks, and cryptocurrencies.

MT5 is arguably the best trading software in the industry, enabling traders to utilize innovative and enhanced tools such as automated & algorithmic trading, live market reports, branch optimization, 20+ timeframes, EAs, a user-friendly interface, etc.

However, the website doesn’t offer a demo account that we would’ve used to verify the legitimacy of this platform. For that reason, even if you download it, do not invest money in it. 

If you want a pure trading experience, you should stick to licensed providers that support that same software, or similar advanced platforms such as MetaTrader 4 or cTrader. 

Available Live Account Types

Leverage, Spreads, Commissions, Bonuses

Trading conditions such as the maximum leverage, spreads, and commissions are virtually unknown. How is one supposed to trade without knowing how much the platform charges?

Moreover, the broker awards clients bonuses, which, as we mentioned, are banned in the UK. These pesky incentives come with strings attached though. “Bonus * 20,000 = Total contract Threshold, which shall allow the Client to perform the withdrawal of the Bonus amount,” the policy stipulates.

That’s a pretty insane trading volume requirement, not something you would want in your contract so please avoid dealing with this cyber hoodwinker.

Deposit and Withdrawal Process

The minimum deposit requirement is 2,500 USD, which is significantly more than what most legitimate brokers would charge you for a live account. Another red flag is that the broker accepts payments exclusively via crypto transfers.

The reason why scammers prefer crypto payments is that they are extremely hard to trace and reverse, plus such a method allows them to remain anonymous and run their schemes.

To reverse such transactions, you’re going to need to seek out professional assistance as these types of refunds can be a nightmare to achieve. Luckily, we have a team of experts that can help you recover your funds.

Key Facts To Consider About BTB Inc

To sum up our BTB review, we analyzed this unlicensed UK Forex brokerage firm that mainly targets traders from the UK, US, Canada, India, and the Philippines.

We do not recommend this platform because it is unregulated and blacklisted by the FCA. In case you have also lost money to BTB Inc, you must seek our professional help to recover your funds!

Use the form below to book your free consultation with Scam Brokers Reviews and tell us more about your case. Our team will gladly guide you through the fund recovery process and assist you every step of the way.

Book your consultation with us today and start the fund recovery process.

FAQ Section

What is BTB Inc?

BTB Inc is an unauthorized Forex trading firm from the UK that already defrauded many honest users.

Can I Trust BTB Inc With My Money?

Absolutely not. This firm is blacklisted by the FCA, meaning you cannot count on a compensation contract in case you get scammed.

What Can I Do If I Was Scammed Online?

Your best solution is to book a free consultation with our experts and tell them what happened. They will handle the rest.

This broker is operated by D&D Venture Project Ltd. Apparently, this company is registered in the UK. Yet, none of the reliable registers hold any records of this firm.

Even though the new domain was registered recently, in 2023, their activities have been present since 2020. Through different domains, of course. But regardless of the company name, there are some basic signs you must watch for when choosing a broker. Read this Global CFD Review and find them all.

Legal info: Is Global CFD legit or a scam?

The Global CFD broker, as the UK broker, should have an FCA license. That’s mandatory for all UK brokerages. Yet, the FCA register is empty upon search of this firm. Even though this is more than enough for you to have a clue, let’s take a look elsewhere. Firstly, in the FSC Marutius register, since they claim to be licensed there. But they are not.

Some of the top-tier worldwide regulators are BaFin, ASIC, CFTC, CNMV and CONSOB. However, none of these have ever issued a license to GlobalCFD firm. Therefore, all their statements, offers, and policies become questionable. Especially after a warning from Italian CONSOB that was republished later by Danish DFSA.

Who are Global CFD clients?

In fact, seeing some countries on their target list is quite disturbing. Especially since some of these are strictly regulated ones with strong federal laws.

If you are coming from any of the following countries and you were a victim of this swindler, contact our refund specialists. Many scammed traders are coming from:

• United States
• United Kingdom
• Germany
• Australia
• India

Leverage, Commissions, Spreads, Fees and Taxes

If you didn’t know, the maximum allowed leverage in the UK is 1:30, mainly due to strict licensing requirements. But this value is for retail traders. In the US, the situation is a bit different, and you can get up to 1:50. Thus, you might be wondering why this is important. Simply because this firm is hiding its leverage. So, if you get anything higher than mentioned, run. 

As for the spreads, these are starting from 0.7 pips. But we wouldn’t stick to it so hard. On top of that, the company is hiding all of its fees and commissions. Practically, without transparency, they can make up anything they want. And if you are not experienced, you might fall for the trick.

Bonuses

Of course, like any other swindler, Global CFD broker is offering bonuses. Which includes a malicious clause that will definitely prevent you from withdrawing any funds. But if you are reading carefully, you might avoid it.

In any case, for every $50 bonus, you must reach a trading volume of $500k. Imagine reaching $500k with a $1k investment. You would be considered a genius if you succeed.

Global CFD Trading Features

With their software choice, none of the advanced features are available. Starting with copy trading to the Expert Advisors feature.

Not to mention, the company doesn’t offer any kind of fund protection features. For instance, negative balance protection or guaranteed stop-loss. All in all, too much risk is included.

Trading Platforms Available

Instead of reliable outsourced software like MetaTrader, the company opted for Web Trader, even though they advertise MT4. Anyway, these web traders are easily controlled by their agents through the back end.

You will recognize that by these swindlers telling you what’s happening next, and every time you are in a call with them, there’s some great opportunity.

Available Trading Assets

One of the key facts when choosing a broker is the instrument’s availability. If the company has a poor offer, you won’t have many choices to invest in. Yet, with Global CFD company, you can invest in more than 200 assets from a couple of categories. These are:

• Forex – GBP/EUR, USD/HUF
• Commodities – gold, platinum
• Shares – Nvidia, IBM  
• Indices – DAX 30, FTSE 100
• Futures                   

Account Types

Another key fact is that the minimum deposit requirement is higher than the average. All traders are getting the same trading conditions, and for a start, they have to deposit at least $500, which is quite a lot for the unregulated broker on a warning list.

To understand how scam brokers trick traders with account types to deposit more, check our Cryptogainers review.

Mobile Trading App

Unfortunately, dedicated iOS and Android apps are not available with this company. Instead, mobile traders have to bother with browsers to access their accounts. Which is not the most convenient method, especially for experienced traders.

Demo Account

In addition to all of the mentioned flaws, they are not offering a demo account. Primarily because their platform is very poorly designed and doesn’t offer any advanced tools. But in any case, a bit of transparency wouldn’t hurt.

Global CFD Withdrawal

Considering quite a mysterious withdrawal policy, we can’t be sure if the withdrawals will be processed properly. After all, there is a bonus policy that will prevent you from that in the first place.

Not to mention, the only withdrawal method is a wire transfer with unknown fees. So, get ready for more withdrawal tricks with our Boney Market review.

Customer Support

For the contact options, the company offers e-mail, a Mauritius phone line, and a web form. Yet, the working hours are not revealed. So, you’ll have to test your luck with them. On top of that, without transparent reviews, it’s hard to know if their customer service is reliable or not.

Key Information To Consider About Global CFD?

In the first place, the company is based offshore. Even though they claim to have an FSC license, that’s a lie. FSC Mauritius register doesn’t have any records of GLOBAL CFD Ltd in their database. On top of that, they are using a shady bonus policy and non-transparent withdrawal conditions.

Considering too many misleading details on their website, you should be prepared for the worst. But if that already happened, contact our refund specialists as soon as possible. After all, the first consultation doesn’t cost you. Therefore, get in touch today.

FAQ Section

Who is a Global CFD Broker?

Global CFD broker is an offshore trading firm without any regulations and credibility. But instead, they have earned a scammer award from CONSOB.

Is Globalcfd.com Worth My Money?

Not at all. Investing here includes trading without any funds protection features. On top of that with shady software and even shadier conditions.

What Can I Do If I Was Scammed While Trading Forex?

Since this firm is not licensed, the best option is to apply for a refund. To avoid any mistakes feel free to contact our experts for detailed guidance.

With this self-proclaimed investment firm, we’ve come across a lot of contradictory info about where the company is allegedly based. There are numerous fake registration numbers, with a good measure of conflicting legal jurisdictions.

False advertising and misleading information are the hallmarks of modern financial scams. Read our PremiumCapitals review for more info on how to combat these entities, and get your money back.

No Registration Nor A License

While the contact information claims that the company is from New Zealand, another page on the premiumcapitals.ltd site cites the jurisdiction of the court of Marshall Islands.

To no surprise, it turned out that the company was not registered, as the company certificate that is mentioned on the website does not match with the New Zealand Companies Office.

It goes without saying that a non-existing entity can not be licensed by FMA either. Furthermore, there are no mentions of the firm with Marshall Islands GLOFSA, nor with any other regulator including NFA, FCA, FINMA or CySEC to name a few.

After all that trouble of faking legitimacy, the company still openly states that they “are not a licensed bank or a security firm”.

None of these companies like AUSFITS for instance, provide compensation funds or negative balance protection. What’s worse, they are very likely to just take the investors’ money and call it a day.

The Way Scammers Work

Checking the WhoIs database we’ve managed to learn that the platform was only launched in 2023, and not 2017 as the website claims.

Swindlers always try to remain anonymous and hide their tracks online. This is why their boiler room agents usually work with encrypted online services like WhatsApp.

That doesn’t limit their reach when seeking new targets, as the firm operates in all these areas:

• Italy
• Spain
• United Kingdom
• Austria

Usually the agents will tell a story about passive income and easy earnings and pressure their victims to invest on emotion. Unfortunately, once the money is in their hands, it takes expert knowledge to get it back.

High Leverage And Shady Fees

This firm mentions a leverage of 1:500, even though clients don’t have trading access by themselves. While it’s not unheard of for licensed brokers like Kridex to offer leveraged trading with 1:500, laws in many jurisdictions allow it to be no higher than 1:30.

The company never openly mentions any numbers when it comes to fees, tax, commission or other charges. A clause exists in the Terms and Conditions that entitles the firm to charge 100% of the entire deposit as a commission in some cases.

Referral Program

Allegedly, existing users may refer new clients to the platform and earn a portion of the commission in compensation.

Commission that is acquired from your referrals depends on the investment package you decide to buy. Starting commission is 5%, while it goes up to 10% for more serious investment plans.

Overview Of Trading Features

Many of the advertised trading features with this firm are not what you’ll encounter after a registration. Not that there’s much of a difference, though, as the advertisements only contain weasel words and no useful information. No trading software is actually provided, and the investment plans seem incredibly shady.

No Trading Software

As we mentioned before, there are no specialized software solutions available for the clients. All is done through a very simple client dashboard.

While the firm does provide some charting amenities as well as a ticker table, it’s all a widget imported from TradingView.

Although some investment firms today still use a web-based trading floor, advanced solutions like MT4, MT5 or cTrader are the norm.

Investment Instruments

In an effort to make it seem like there’s a number of options for portfolio diversification, the company lists a few different asset groups. The number of instruments, however, remains quite small.

None of this carries any weight in the end, as with no trading application clients can’t actually participate in trading themselves.

These are the advertised trading instruments:

• Cryptocurrencies (BTC, ETH, XRP, ADA, DOGE, LUNA)
• Forex (EUR/USD, USD/JPY, GBP/CHF, AUD/CAD)
• Stocks (JPMorgan Chase & Co., AT&T, Google, Microsoft)
• Indices (S&P500, Nasdaq)

Investment Bundles

While there’s an option to register as a new user, T&C state the site usage is only meant for members and individuals personally invited by existing clientele. This restrictive approach limits the investment possibilities for newly registered users, which is good in its own way. 

Here’s the offer of PremiumCapitals accounts:

• STARTER PLAN – 5% daily for 2 days – $50
• ADVANCED PLAN – 6.5% daily for 3 days – $1000
• STANDARD PLAN – 7.5% daily for 4 days – $5000
• VIP PLAN – 8.5% daily for 5 days – $10,000
• Retirement and pension fund investment package
• PAMM/MAM Investment package

Crypto Transfers Only

We’ve made it clear before on a number of occasions how dangerous crypto transactions are. On one hand, they may be instant and swift, but on the other, the security and transparency is severely jeopardized. The thing with these transactions is that you aren’t able to see who the funds go to and who is the wallet owner. 

That’s why these channels should be avoided. In case of a fraud, you’d have to refer to agencies that have the means and technology to track down the transfer process. Luckily for you, our company is properly equipped for that, so if you ever need help with restoring a lost crypto investment, you can contact us.

Customer Support

Clients may, allegedly, contact the customer support through a few different channels. One of these is the live chat, where nobody bothered to answer our message for quite some time.

Apart from that a WhatsApp messaging board is available, as well as an email, and a contact form on the website. Although an FAQ section exists, neither the questions or answers are done in any helpful manner.

Rely On Us For Help!

After successfully combating fraud for a number of years, our chargeback professionals and legal experts have gained a notorious reputation among the cyber criminals. You too can make sure of our capabilities if you contact us in case you’ve been robbed by petty internet swindlers.

For a free consultation, you can refer to our chat agent or fill out the form at the end of the article. We’re always at your service and we’re proud to help every scam victim that doesn’t wish to let the fraudsters get away with their crime. 

FAQ Section

What is PremiumCapitals?

This is a fraudulent website that is based on a fake investment scheme with alleged high returns.

Is this firm regulated?

No, despite the claims about operating under strict regulatory rules of CySEC, the databases of regulated firms contain no firm under this name.

What is the minimum amount to invest here?

The cheapest plan requires only $50, which is affordable, but useless nonetheless because the profit is fake.

How to get funds back from these fraudsters?

Our legal team provides efficient help in fund recovery. Just contact our online chat operators and book your free first consultation at any point you wish!

UCOIN Joint system is the company that claims to own and operate the website we’re discussing in this UCoinCapital review. The website design is a poor attempt at faking professionalism and wealth by a bunch of petty swindlers. Many of the images present are stolen from fashion magazines and automobile adverts.

In essence, the scheme will have you think you could grow your existing riches by handing them over to these financial swindlers. The investment plans are anything but realistic, and they ultimately bring no profit. Keep reading to find out the details of the offer as a whole. 

Fakes Greatness

Strangely named and unknown company runs this greedy, unscrupulous project. Entire story revolves around an automated system and algorithmic solutions used for trading. That is supposed to bring guaranteed profit, yet just eats up all investments.

The alleged UK registration and Netherlands address are, of course, faked, as we’ve determined after consulting the FCA and AFM registers. 

What’s more, after going through the regulators’ databases, we’ve even dug out warnings, posted by CNMV, CONSOB, and FSMA. All of our search results point out fraudulent activities being conducted in the background. 

Funds are never safe on such sites, and you should not expect compensation either. Such line of work is something we detected with Destek Markets as well, so make sure you avoid them, as well. 

How The Scheme Works

Judging from the information on WhoIs, the ucoincapital.com domain did not exist prior to February 2022. It remained mostly inactive until about November 2023, when it was used to target the people of these countries:

• Romania
• Italy

Whoever is behind it is preparing to link the website to social networks such as Facebook, X, Pinterest and LinkedIn. As these links are not yet active, the brunt of the work remains with the boiler room agents.

Don’t think that it makes this scam any less dangerous, however, as these so-called agents are experts in persuasion. They abuse the phone to seek out new victims, often pretending to be some kind of experts.

Recovering money from these con schemes is difficult without professional help. Get in touch with our professional team to learn more about chargeback options.

Trading Costs Are Omitted

Besides the claimed 2% withdrawal fee, there’s basically no information as to how much trading with this firm costs. Nothing is said about any other fees, commission, taxes or anything else.

Now, it’s a common fallacy to think that just because something isn’t listed that it’s free. Unscrupulous companies like this, or Apolotrade for instance, often try to push hidden fees, extort their clients for an up-front extra.

This is not something you will see with regulated entities, of course. They are bound by law to always display all their trading information in a transparent and easy to understand manner at all times.

No Features To Use

As previously explained, the profit accumulation on this investment portal is supposed to be ensured through the usage of advanced AI trading tools. 

What these trading robots are and how they work is a complete mystery. A veil of secrets is also wrapped around other available features. The only thing we know for sure is that the investment plans are numerous and all equally unaffordable. 

AI Trades For You

Nothing sounds better than passive income generation without any effort. That’s what this con artist wishes you to think when you invest here. Alleged trading bots and advanced technological solutions in the form of artificial intelligence is what buys and sells crypto products instead of you. 

Their accuracy and lucrativeness is supposed to be unmatched. Anyone would figure out by now that this is just a bunch of empty promises used to delude less experienced investors – such software doesn’t exist!

No Instruments To Offer

It’s unclear by which means this self-proclaimed investment firm generates any profits. Yeah, they cite some nonexistent AI software to do all the work, but fail to mention in which investment sectors or by which financial instruments.

A number of investment plans do exist, and these are all calculated in BTC, LTC and ETH crypto coins, and nobody knows how they work exactly. 

Deposit Plans

Depending on the currency you choose to invest in, you can pick among BTC, ETH and LTC deposit plans. There’s not much of a difference in the required amount or the ROI promised. 

The offer is just designed to look meticulous as it has a total of 36 different schemes. All of them have a single thing in common: they make zero sense and they’ll only make you go bankrupt. 

Here’s some of the more popular packages:

• BTC Basic – 1 BTC to 6 BTC required, ROI from 1.92% to 28.5%
• BTC Classic – 2 BTC to 9 BTC required, ROI from 2.4% to 30%
• BTC Gold – 0.15 BTC to 1.8 BTC required, ROI from 2.88% to 34.5%
• BTC Platinum – 0.2 BTC to 25 BTC required, ROI from 3.84% to 52.5%

No Disclosure On Payouts

The only thing we found out about the UCoinCapital withdrawal is that it incurs a 2% fee, and that it exists. We’re unfortunately not certain about the latter.

The lack of any concrete information on the website is by design, and the conners know exactly what they are doing. As there is no tangible data or rules, these miscreants can simply invent new ones on the spot, to suit their immediate needs. Need to withdraw? Well, now you need to pay extra.

Don’t let these people pull your leg, contact our chargeback professionals today via the live chat, and get your money back safely and reliably!

Dead Contacts 

Trying to get in touch with the UCoinCapital support is as doable as attempting to fly. Several contact details are dead numbers that never connect and email addresses no one checks. It’s as if all the misleading elements are only posted for the sake of having you believe you can rely on customer support, while in reality none exists.

Don’t Let Scammers Win! Get Help With Recovery

Cryptocurrencies are here to stay and so are, unfortunately, the many fraudulent schemes attached to them. After investigating the company legal and background information, we have determined that UCoinCapital is completely illicit, with no legal backing whatsoever.

Investing with these sorts of entities is ill-advised, but if you’ve already deposited, don’t despair. There is still a way to recover your assets. Get in touch with our team of experts via the live chat, and start your chargeback as soon as possible!

FAQ Section

What is UCoinCapital?

This scheme represents a fraudulent project you shouldn’t invest with.

Can I Trust UCoinCapital.com?

Not in the least! They’re lacking a legit license and have been blacklisted by several financial authorities.

Is It Possible to Recover Crypto Stolen in an Investment Scam?

It is possible to get your stolen crypto investment back, as long as you contact our recovery experts.