Who is Roldex Pro? Can this broker scam you? We will say only this – we’ve never seen such a lack of transparency when it comes to an online trading broker. Read our in-depth Roldex Pro review, and you will understand why you should not open an account with this broker.

Regulation and Security

Roldex Pro is one of the shadiest brokers we’ve ever come across. The broker does not give absolutely any information about the founder company, the foundation year, the home country. It is not regulated by any authority body. When we checked legal documents, we saw that the broker is bragging about following AML policy and working according to FATF orders. But yet, it does not provide us any information where the funds are kept, who is the company that holds the clients’ funds, or how to get the funds back in case of issues.

We did come across the name Roldex Ltd as a company on the Virgin Islands, but it remains the question if it is related to this broker.

We can safely say that this broker is not legit to trade with.

In which countries does this broker work?

As a shady broker, this broker has no limits when it comes to its operations. The broker’s website does not say anything about trading restrictions, meaning that the company is probably accepting clients from all the countries. We’ve checked some of Roldex Pro reviews, and we can say that the majority of their clients are coming from the UK, France, Belgium, the US, and Canada.

Wherever you are, we strongly advise you to not accept any offers from this scam broker.

How Online Trading Scams Work

Online trading scams are becoming more and more popular every day. Seems that offshore anyone can register online trading company. This is why you need to be extra careful and always verify the broker. Verify that it has any sort of regulation.

The online trading scam usually starts with a phone call from someone selling you the future for the minimum deposit. After you make this deposit, you are getting phone calls daily with market updates and explanations why your minimum deposit is not enough. How much you could benefit from adding more money. And how good a life you will have after this new deposit. Eventually, if you agree to deposit more, you might see some profits on the screen. The catch comes when you want to take this profit out. You get several explanations why now is not the right moment. Why you should wait. You can live without this money for a while if it’s going to double or triple, right? After you are delayed for the 5th time, you finally understand that you will never get this money. And this is where you know that you’ve been scammed.

 Scammed by Roldexpro? Chargeback Is Your Solution!

If, despite all the warnings, you got involved with Roldex Pro broker and got scammed, contact us for help. 

But what is a chargeback?

Chargeback is returning funds to your debit or credit card if the money was deducted without your consent, or you didn’t get the product/service. If you were a victim of an online scam, you can file a dispute and ask for your money back. Get in touch with us now!

Is Roldex Pro a good broker?

Roldex Pro is a broker with an unknown owner and origin country without any regulation. We can say that it is not a good or legit broker.

Is Roldex Pro a Scam?

Roldex Pro broker has no regulation and has a very bad reputation as a scam broker.

Is Roldex Pro regulated?

No, the broker is not regulated by any regulatory body.

Where is Roldex Pro broker based?

This question remained without an answer since the broker does not share the information about owners or base country.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

In today’s article, we expose a classic example of an online trading scam — the Auto FX Trade broker. This brokerage company carries huge risks to all traders due to implementing various malicious tactics. That being said, fraudsters behind this illegal organization use falsehoods and misinformation to lure traders into their scamming scheme.

For instance, let’s take a quick look at what unproven statements come from Auto FX Trade.

• Authorized by several financial market regulators — A big fat lie.
• Being an award-winning broker — Not by any means.
• Providing favorable trading conditions — Fabrication.
• The availability of a modern trading platform (MT5) — False.
• Guaranteed protection of funds — Impossible.
• Enabling plenty of tradable assets — Dubiously.
• Offering generous promotions — A decoy.
• Ensuring access to lots of educational material — Questionably.
• Having over a million clients across the globe — When the hell freezes over.

So, please continue our Auto FX Trade review discussing and verifying each of aforesaid findings.

Additionally, we strongly advise you to avoid the fraudulent brokers IntraO, VTindex, and RXKCapital.

Is Auto FX Trade a Legitimate Broker?

Let’s start with the most important thing for forex providers — licensing and regulations. Keep in mind that in order for your funds to be safe, you should trade only with a licensed broker. Also, all brokerage firms have to be regulated by respective supervision authorities to operate legally. Otherwise, they are illicit and can be involved in fraudulent trading activities.

The Lies About Regulation

When it comes to Auto FX Trade, it is completely full of lies. This fraudster claims to be licensed under the British FCA, German BaFin, Spanish CNMV,  Italian CONSOB, Danish FSA, Cyprus CySEC, and South African FSCA. Moreover, it states that it abides by MIFID legislation (Markets in Financial Instruments Directive), which is enforced by ESMA (European Securities and Markets Authority).

So many lies in one place are outrageous but easily refuted. By simply checking the registers of the foregoing regulators, it can be ascertained that there is no trace of Auto FX Trade’s licenses.

Another nonsense coming from Auto FX Trade is 5M insurance. First, unlicensed brokers are not insured, and second, no compensation scheme is such a sizable sum. For instance, BaFin indemnifies up to 100,000 EUR.

Lastly, Auto FX Trade deceives people by stating that it is headquartered in the US. Firstly, there is no info about this company in the relevant registers. Then, it is not possible to be a US-based broker without being authorized by respective financial authorities (e.g., NFA, CFTC, and SEC). Further, this fraudulent broker is allegedly regulated by the US Financial Services Authority (UFSA). However, there is no such agency in the US.

Also, avoid the trading frauds XTB Global, Invest Kingdom, and Firmon at all costs! Moreover, before investing, always look into the past of internet trading firms!

So Is Auto FX Trade a Decent Broker or a Scam?

Auto FX Trade is a far cry from a licensed and regulated broker as it claims to be. It renders poor services based on inappropriate trading software and unfavorable terms of exchange. Everything related to the Auto FX Trade broker is wrong.

What Trade Software Does Auto FX Trade Provide

Speaking of Auto FX Trade’s trading platform, its claim of providing the most popular MT5 is as genuine as this broker. Instead of MetaTrader 5, it offers a web trader that can barely be considered a functional trading program. Not to mention this company’s dishonest character. So, there is no point investing your money here. 

If you want the best trading experience, you should select forex providers offering MetaTrader 4, MetaTrader 5, cTrader, or Sirix. These powerful programs are accessible from any device and equipped with advanced features (stop loss, social trading, and expert advisors).

Auto FX Trade Affiliate Program

Regarding the Auto FX Trade affiliate program, it is nothing more but a trap to rope traders into investing. There are no specific details about the program on the Auto FX Trade web page. The only thing that can be found is empty promises from this financial swindler. Reportedly, if you become a partner of Auto FX Trade, you get many advantages enabling more profitable trading. Given the fact that this is an outright investment scam, pay no attention to its offer.

Auto FX Trade Range of Trading Markets

With reference to available trading markets at Auto FX Trade, here is the outline of the offer.

• Forex pairs: EUR/USD, GBP/CHF, USD/CAD;
• Commodities: energies (crude oil, natural gas), metals (gold, silver, copper), and agricultural products (wheat, corn, rice);
• Crypto assets: Ripple, Litecoin, Dogecoin;
• Shares: Microsoft, Facebook, Google.

This offering of a wide range of tradable assets is fallacious just to entice you. With such a blatant rip-off, you can’t expect any favorable outcomes. Therefore, think twice before investing money with any brokerage firm giving baseless statements.

What Do We Know About Auto FX Trade Account Types?

In relation to Auto FX Trade’s types of accounts, there are several options. Let’s have a quick look at each of them.

• Bronze: minimum opening balance 1,000 USD/weekly or 100,000 USD/monthly
• Silver: minimum opening balance 5,000 USD/weekly or 500,000 USD/monthly 
• Gold: minimum opening balance 10,000 USD/weekly or 1M USD/monthly 
• Diamond: minimum opening balance 20,000 USD/weekly or 2M USD/monthly 
• VIP: minimum opening balance 50,000 USD/weekly or 5M USD/monthly.

Each of the accounts comes with negative balance protection, which prevents you from losing more than you deposited. We are skeptical about its availability because all this broker wants is to defraud you.

Auto FX Trade Minimum Deposit, Withdrawal Terms, and Fees

Continuing our article brings us to deposits and withdrawals at Auto FX Trade. Before moving forward, to remind you, there are no withdrawal guarantees with scam brokers. So, be careful.

Concerning the minimum deposit by this phony broker, it is 1,000 USD weekly or a whooping 100,000 USD monthly. So why risk money with Auto FX Trade when you can open a live trading account with a credible brokerage firm for a 10 USD deposit?

Methods of Making a Deposit

As regards the funding methods accepted by this shady brokerage firm, nothing can be found about that on its webpage. Being not transparent goes against any legislation, which this fake broker would know if it were regulated. Anyway, typical of fraudsters is to insist on means of payment that suit their unscrupulous needs. For example, most of them support only crypto payments since they are hard to trace and reverse.

What Is Known About Auto FX Trade’s Trading Conditions?

In connection with the Auto FX Trade trading environment, traders can expect nothing but unpropitious conditions based on manipulations. This bogus brokerage company reveals very little about its terms of exchange. According to the Auto FX Trade website, its spreads are 1.9 pips, while a leverage ratio remains unknown. Anyhow, presumably, leverage is not in accordance with the rules — which is just one of many dirty tricks applied by this con artist.

In the matter of malicious tactics, Auto FX Trade attempts to entice traders with generous bonuses. When adding together its multiple bonus offering, it appears that traders allegedly get an enormous 230% deposit bonus, which is an evident sign of a hoax.

Scammed by Auto FX Trade Broker? – Let Us Hear Your Story

If you are defrauded by this or any other bogus broker, you have a chance to get your money back. It is important to inform relevant authorities and share your negative experience to warn others. Everyone can be scammed so don’t feel ashamed. Next time, don’t trust fabricated positive Auto FX Trade reviews on the web, and thoroughly investigate every forex broker. 

But What Is A Chargeback?

As said, victims can get a refund thanks to a chargeback; however, it depends on the form of payment. For instance, with credit cards, it is a straightforward process, you just need to apply for cashback within 560 days. Likewise, bank transfers are also refundable if a transaction is canceled before being confirmed. That is why scam brokers like this one don’t use these two means of payment but prefer crypto wallets.

Although crypto payments are hard to undo, with cyber security experts, it is possible. Therefore, get in touch with our company and get professional help from our chargeback specialists.

What Is Auto FX Trade?

Auto FX Trade is an unlicensed and unregulated broker deceiving people by counterfeiting trading credentials.

Is Auto FX Trade a Scam Broker?

Yes, it is, and not just that, it is a blatant liar pretending to hold multiple licenses.

Is Auto FX Trade Available in the United States or the UK?

 Yes, it is; but it doesn’t mean that it is authorized to provide services there or anywhere.

Does Auto FX Trade Offer a Demo Account?

No, it doesn’t; even if it offered a demo account, it would still be a broker scam.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

This is a company that wants to put your success as a priority. Unfortunately, they fail to deliver that. The most trustworthy data, tools, and rewards are provided, but without regulations, just like StellarFX.

Besides all of that, they are an offshore-based company from St. Vincent and Grenadines. That is telling for itself. On top of that, the company doesn’t provide any contact number.

So, if you need any assistance along the way, you can only send an e-mail. And hope that they will reach out.

That’s exactly why we will cover all the signs in this StellarFX Review on how to avoid these scams.

StellarFX – Is Not a Legal Scam Broker?

Legal companies disclose their license for trading on Forex and CFD markets. That is not the case with StellarFX broker. The license would regulate their trading conditions, which are now insane.

Leverage goes up to 1:600. Those are not allowed according to ESMA and Tier 1 regulators.

Summary: The company doesn’t have any integrity. Freshly created in 2022 is just a cover-up for their previous companies. These statements are confirmed by Tier 1 Regulators like BaFin and CONSOB.

Arguments For Trading With a Licensed Broker

The licensed broker offers you straightforward conditions. They are not manipulating the markets and it’s only up to you how much you are going to make.

Besides that, if the company disappears you have some security there. You know at any time whom to reach out to.

That’s why it’s important to look for companies with ASIC, BaFin or FCA regulations, that are Tier 1. Unfortunately, with StellarFX we could only find warnings against the company.

Financial Regulators’ Warnings as a Red Flag of a Scam

There is one from the list mentioned above. BaFin is one of the strictest regulators on the market. There is no joking with German authorities. After an in-depth analysis, they released that warning.

Besides them, there was CONSOB as well. The Italian-based regulatory body issued a warning against StellarFX trading.

From their investigation, we could see that they are scamming traders from Italy, Austria, Switzerland, the UK and Spain.

StellarFX Provides Which Platforms? – Trading Software

Trading software is standardized for scamming companies. It is web-based trading software, with a limited number of analytical tools. Besides that, they don’t provide social trading or EA tools.

Practically it’s even robust for beginners.

StellarFX Trading Instruments

It was a surprise that cryptos are not available. Besides that, you have access to:

• Forex            USD/JPY, GBP/JPY, NZD/AUD
• Commodities Gold, Palladium, Cotton
• Indices          DAX30, CAC40, FTSE100
• Shares          Microsoft, Deutsche bank, Visa

These are standard assets available on any other platform. So, just go to a regulated one and find the options. It’s not something spectacular like they are promoting on their website.

StellarFX Fraud Risk Zones – Service Countries

According to StellarFX reviews, we can find a couple of countries they are targeting:

• Austria
•  Italy
• Switzerland
• Spain
•  UK

 These countries are very strict when it comes to rules. That’s exactly why regulators are issuing warnings against StellarFX broker. Don’t throw your money away!

Different Types of StellarFX Brokerage Accounts

The company offers only 3 account types. Even the names of the accounts are weird:

• Bronze          250 EUR
• Silver            500 EUR
• Platinum       1500 EUR

This is something we don’t see often. Usually, companies have for Platinum accounts 100.000 EUR or some even bigger amount. That doesn’t mean they will not ask you for more money once you upgrade to a higher account.

Don’t get tricked. There is something behind it.

Access to a Free Demo Account

We tried getting access to their web trader but it was unsuccessful. It requires registration with the company. Since they don’t provide a demo account, there was no other option.

This is a huge downside if you want to present your company in the right way.

StellarFX Promotions

Often companies like this are offering welcoming bonuses. Those are very tricky because you need to make huge profits to make a withdrawal. They start from 5 up to 30 %. Of course, a higher account type brings you more benefits.

But don’t jump to it because nothing is free these days.

StellarFX Terms and Conditions

In the company’s T&Cs you can’t find any information about withdrawals or additional charges. On the other hand, there are non-deposited funds. Those are any funds that you got from the company in terms of bonuses. Those are of course, non-withdrawable.

Spreads & Commission

Spreads are competitive compared with ones with regulated companies. But if you consider that this is not a regulated company, we are wondering if that information is trustworthy. Spreads range from 0.0 pips up to 0.2 pips.

According to the company website statements, there are no added commissions. These are very speculative. From our experience clients always get in a way of some made-up charges when they request a withdrawal.

That’s a huge downside of trading with non-licensed companies.

StellarFX Broker Scammed You? – Please Tell Us Your Story

This is already the third time that StellarFX is doing a rebranding. So they are doing the same thing, just under a different name. If you were caught in a scam by these guys let us know. There is a period of time when you can do something about it.

To get a free consultation from our experts, contact us today!

What Is the Chargeback Procedure?

If you were wondering what is solution, it is a chargeback. It’s a simple transaction reversal process. You just need to file a chargeback with your bank. If you don’t know how to do that properly, contact us now!

FAQ About StellarFX Broker

What Is StellarFX?

It’s an offshore trading company based in St.Vincent and Grenadines.

Is StellarFX a Scam Broker?

Since they are not providing any license information or security we can say it’s not a legitimate broker.

Is StellarFX Available in the United States or the UK?

They only provide services to UK clients, but not US.

Does StellarFX Offer a Demo Account?

NO. The company only offers live trading accounts. However, cheaper than
most other companies.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

To point out, 101investing, as CySEC regulated broker, was established on market for years. Owned by FXBFI Broker Financial Invest Ltd since 2016 they are providing FX and CFD services. However, to match everyone’s needs it’s really hard these days. Therefore, traders tend to look for regulated companies that provide a higher level of security. 

Given that 101Investing broker has many negative comments traders don’t find it very attractive. But to see if they are still reliable broker, continue reading this 101Investing review.

In addition to the above, we strongly advise you not to invest in FXleader, Valuta Markets and PrimeXBT fraudulent brokers.

101investing Is A Legit Broker?

In this case, CySEC was not the favorite choice of traders even though it’s a trusted regulator. Some had bad experiences besides licensing. But even with CySEC they lost their licensing. If they had at least one more Tier 1 license things would be different.

After all, we checked the database of some Tier 1 Regulators like FCA, BaFin and ASIC. As a result, we didn’t find any records of 101Investing trading company.

For a licensed broker present for years among traders, 101Investing comments are quite disappointing. They provide a vast of trading assets, but with bad trading conditions for a regulated broker. Yet, they have lost their license.

Reasons for Using a Regulated Broker for Trading

Additionally, regulated forex brokers have some limitations in trading conditions. They are not allowed to offer bonuses or leverage higher than 1:30. However, with 101Investing, leverage goes up to 1:500. Another key point is negative balance protection and guaranteed stop loss which 101Investing broker doesn’t provide.

101investing Software – Platform Tools

Although traders don’t make 101Investing broker their favorite, those are still questionable facts. Nevertheless, this broker provides one of the most trusted trading platforms. Meta Trader 4 is a great add-on compared to a basic web trader. Besides that, MT4 provides security for its clients because it is third-party software.

101investing Mobile Application

Significantly, the important fact is that MT4 is available for any mobile device whether Android or iOS. Important to realize is that if you can’t access the platform quickly, you are wasting time and money. That’s why availability for many devices plays a key role in choosing the right broker. Moreover, the availability of many advanced tools is another advantage of MT4.

Desktop App MetaTrader 4

The desktop version is the most reliable one. It can be downloaded to any Mac or Windows and provides a vast of trading possibilities. From advanced charting, indicators, social trading and many more. Especially, with a very easy customizable environment it makes trading way more enjoyable. Whether you are a beginner or a pro MT4 always makes you look like a pro.

WebTrader

To point out, not all traders prefer downloading trading tools. Especially older traders that are not tech-savvy. That’s why Web trader is available but it provides all same features as the desktop version. Important to realize is that all platforms are secured and clients shouldn’t be skeptical about it.

Trader’s Reviews of 101investing

Generally speaking, we don’t believe all reviews. However, Trustpilot has established itself as a trusted one. Out of 84 comments presented on that platform, more than 80% were rated 1-star. In short, clients are not satisfied with 101Investing broker and they recommend staying away.

101investing’s Trading Assets and Instruments

On the positive side, this broker provides a wide range of instruments. In fact, some traders don’t like specific trading classes and that’s why 101Investing provides all 5 major groups. Those are:

• Forex                        EUR/SEK, USD/JPY, GBP/EUR
• Commodities            natural gas, gold, platinum
• Indices                      DE30, CAC40, UK100
• Shares                      Google, Volkswagen, Pfizer
• Cryptocurrencies       BTC, ADA, DOGE

On the other hand, trading these assets with leverage of 1:500 is extremely dangerous. Especially with volatile ones like cryptos.

101investing Service Countries

After all, if you check any 101Investing review you will find countries where they operate. Some of the clients are coming from:

• United States
• Canada
• United Kingdom
• India
• Phillippines

Although this may be true, it is important to note that for trading in the UK after Brexit trading companies should have a license or TPR. Nevertheless, they have on their website a long list of countries where they don’t operate.

Account Types Offered by 101investing

Despite all the good things about 101Investing, concerns are raised due to the high leverage that they offer. According to ESMA rules, they shouldn’t provide leverage higher than 1:30 in the EEA zone. However, only the Silver account offers reasonable leverage. In this case, the minimum requirement for a deposit is $250. All account types are listed below:

• Silver
• Gold
• Platinum
• Pro Exclusive

Free Demo Account – Does The Broker Offer It?

On the positive side, if you still haven’t decided whether should you invest money or not, you can test out the waters for free. 101Investing broker offers all its clients a demo version. As that being said, you can try it with virtual funds and check all trading conditions. However, we prefer micro accounts because those accounts present a more realistic picture of trading.

101investing Affiliate Program

Overall, the point of an affiliate program is to bring clients to the broker. That way you are making passive income. On the contrary, clients would recommend a broker anyway if they are satisfied. If you are not sure about the broker, better not to enter that program at the start.

101investing  Deposit and Withdrawal Policies  

The company states that they don’t charge additional fees. The only fees that may be applied are coming from the financial institution that is used. Nonetheless, there is no specified processing time for any transaction. Moreover, clients are required to provide full documentation that is by AML laws to fully verify their trading account.

Payment Methods Available

Except for the countries listed as not accepted, all others can use only two deposit methods. Those are bank transfers and debit cards. All payment methods vary depending on the client’s country of residence. Moreover, fees charged by institutions can vary and you should check those first.

101investing  Terms & Conditions – What You Need to Know

On the positive side, 101Investing broker offers hedging. Which is for experienced traders a very powerful tool. The higher you go on the account level scale you get the higher discount for swaps. These can be a nightmare if not organized properly.

Leverage, Spreads and Fees

As mentioned above, leverage is already higher than accepted among EEA zone-regulated companies. However, spreads vary but the lowest one you can get is 0.7 pips on the Platinum level. After all, fees are charged only for withdrawals with some methods. The company states that they don’t charge inactivity or deposit fee.

What Should I Do If I Have A Problem With 101investing?

All things considered, clients might have potential issues. If that’s the case, the first thing is reaching out to the regulator to look for a solution. To sum up, most clients complained in 101Investing reviews about withdrawals. If that’s the issue contact our fund recovery team today!

What Is 101investing?

This is a Cypriot-based trading company operating since 2016 in all 5 major financial fields.

Is 101investing a Regulated Broker?

To sum it up, no. They were regulated by CySEC but they lost its license. Not to mention a lack of Tier 1 regulators licensing.

Is 101investing Available in the United States or the UK?

Even though, they state that they don’t provide service to US clients, 101Investing reviews present a different picture. For the UK they should have an FCA license or TPR.

Does 101investing Offer a Demo Account?

Yes. Besides all live trading accounts, clients have the option to test broker out for free.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

The Spacexlove exchange claims to be a large Australian crypto brand with a reliable platform and low fees. This is not true. Hence, we are here to expose yet another in a series of Elon Musk scams that use the name of the businessman’s company SpaceX to run crypto frauds. 

Our Spacexlove Review has all the information about how this scheme works. Be sure to read our analysis to learn how to detect illicit platforms and what to do if you lose money online.

Legal Info: Is Spacexlove Regulated?

Contrary to the claims on its website, Spacexlove is not a legitimate Australian platform. The bogus site also claims that Matla’s laws govern the agreement between the client and the Spacexlove crypto exchange. It is important to note that the exchange is not registered with the Maltese Financial Services Authority (MFSA). 

The MFSA aligns its regulations with European Securities and Markets Authority (ESMA) laws in force within the European Economic Area (EEA). ESMA issues MiFID passports to licensed entities, enabling them to operate across the old continent while providing compensation contracts of up to 20,000 EUR in case of insolvency or suspicious losses.

It’s crucial to be aware that trading on this platform comes with risks, as Spacexlove is not compliant with regulatory authorities. 

Due to its illicit status, the exchange can easily steal your funds. Therefore, we recommend you trade firms that are licensed to operate under the jurisdiction of esteemed financial market authorities such as the FCA (UK), SEC (US), ASIC (Australia), IIROC (Canada), MAS (Singapore), CySEC (Cyprus), etc. 

Trader Reviews – Sharing Experiences

At the time of this writing, we couldn’t find any Spacexlove reviews and feedback from traders because there were none. Traders usually express concern about unreliable platforms such as Orchidcoin.net. 

It was expected given that the website was created relatively recently but it’s noteworthy that we have seen the recycled pages multiple times already, leading us to believe that the same criminal group is behind the fraudulent scheme. The website has been flagged as dangerous by webparanoid.com.  

You should always check what people think about a certain platform because negative reviews and complaints can alert you about scams.

Who Are Spacexlove’s Targets?

According to godaddy.com/whois, the spacexlove.com website domain was created on October 23, 2023. Since then, the swindling crypto exchange has mainly been targeting unwary traders who reside in the following countries:

• United States;
• United Kingdom;
• Australia;
• Canada;
• France.

All of these countries have stern market authorities that enforce heavy regulations. To reiterate, Spacexlove is not an Australian or Maltese platform. The exchange is not authorized to accept clients from any of the listed countries due to the lack of necessary permits and licenses. 

We have already stressed the fact that if you fund an account on this platform and end up losing your money, you cannot count on regulatory help or compensation so be cautious.

Which Trading Platform Is Available?

The exchange offers a relatively simple web platform designed for spot cryptocurrency trading. It supports a wide selection of popular coins such as Bitcoin, Ethereum, and Ripple. Leverage trading is not available.

In addition to the Spacexlove wallet, the platform has basic tools such as graphs, charts, and indicators for trading but lacks advanced options. Another worrying factor is that anonymous fraudsters such as Stake-Hub usually use rigged online platforms to run their schemes. 

We thus recommend providers that support recognized third-party software such as MT4 or MT5. These platforms offer a wide range of cutting-edge tools such as automated trading, live market reports, advanced charting, a user-friendly interface, lightning-fast order execution, etc.

Tiered Fee Structure

Spacexlove implements a seven-level trading fee structure that scales up and down based on the trading volume, ranging from less than 30 BTC to over 20,000 BTC. Maker and taker fees decrease as the trading volume goes up, starting at 0.075%/0.075% and gradually falling to 0.035%/0.045%.

This tiered system appears to be strategically designed to provide advantages to users with higher trading volumes, thereby encouraging traders to increase their activity. However, this system is questionable due to the platform’s shady background.

Deposit and withdrawal fees depend on the blockchain network and external factors such as congestion. To give an example, Bitcoin transactions are subject to a 1% deposit fee, while withdrawals incur no charges. 

Suspicious Referral Program

Spacexlove provides a referral program that enables users to earn rewards by referring friends, offering a hefty 40% commission from referrals and a reduced trade commission of 0.1%. 

The website offers interested participants a unique referral link, but it is important to note that the reward structure and the emphasis on recruiting new participants is similar to a Ponzi scheme. In these dubious pyramid recruiting models, returns for early investors are generated using funds from later investors. 

This unsustainable concept inevitably leads to failure. We strongly advise you to avoid involving friends and family in such dishonest arrangements.

Deposit and Withdrawal Process

Spacexlove has listed various third-party electronic wallets for purchasing crypto on its platform. However, the multi-layered payment system adds complexity that seems to benefit malicious imposters rather than the user.

If you lose crypto on this questionable platform, determining where your funds went will be a challenging task. Reversing such transactions requires advanced crypto-tracing solutions like CipherTrace. Fortunately, our team is available to assist you throughout this process, guiding you every step of the way.

If you experience any withdrawal-related issues with the Spacexlove cryptocurrency fraud, please contact us. We have experts who specialize in various fund recovery methods and we gladly offer our services. 

Key Information To Consider About Spacexlove

To summarize our concise but revealing review, the Spacexlove crypto charade mainly targets traders from the US, UK, Australia, Canada, and France. The platform is not regulated and not approved by any financial authority.  

We do not recommend the exchange because it is nothing but an anonymous crypto hoax designed to deceive users. It is not endorsed by Elon Musk and has nothing to do with his company.

If you have fallen victim to the Spacexlove scam and cannot withdraw your funds, we offer professional services and assistance. Book your free consultation with Scam Brokers Reviews today!

Book a free consultation with us and launch the chargeback process.

FAQ Section

What is Spacexlove?

Spacexlove is a fraudulent crypto exchange slash bogus website operated by an anonymous criminal network.

Is Spacexlove a Legit Crypto Exchange?

No, the crypto exchange is not licensed to operate. This platform is undoubtedly a trap.

Can I Recover Lost Crypto?

It is possible with professional help. We urge you to contact us as soon as possible so we can go through your case together.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

The first thing you can quickly scan is that the company doesn’t reveal any ownership information. Even though they claim to be registered in Quebec, there’s no entity connected to the address.

Nevertheless, after multiple warnings against the company, we are sure that you will understand their goals. Continue reading this unbiased Saberx.io review to see all their dirty tricks.

Legal Info: Is Saberx.io Legit Or A Scam?

To sum it up, Saberx.io is an absolute scam. In the first place, the company is not registered or licensed in Canada. On top of that, Saberx.io doesn’t hold any other Tier 1 license, starting with FCA, BaFin, ASIC or CFTC. 

Instead, the company is slapped with multiple warnings, primarily from the Canadian CSA and then CBR (Russian Central Bank).

Who Are Saberx.io’s Clients?

If you look up at who.is, you will see that the company operates only for a couple of months. Thus, they have narrowed their targeting choice. Most of the scammed traders come from: 

• Canada
• Ukraine
• United Arab Emirates

Where are you coming from and what’s your experience with Saberx.io broker? Did you have any issues? If you did, don’t forget that our refund team is available for consultation.

Traders Experience

As we can see, Trustpilot has 36 comments about the broker. In general, most of it is positive. Yet, the negative ones are quite disturbing simply because there are traders reporting losses of more than $70K.

If you had a similar issue with the broker, it’s time to get your money back. Don’t waste any time. After all, to have the first consultation with our expert team doesn’t cost anything. Get in touch!

Investment Costs With Saberx.io

The most expensive cost according to the company is a $1.5 fee per contract on futures. Other than that, everything can cost you maximally up to $0.5 per contract. But that’s all you can find about fees. Thus, without regulations, this broker doesn’t need to match any of these statements in reality.

Bonuses

So far, the company doesn’t have any bonus offers. But you should be aware of the problems coming with the bonuses. There are often malicious policies that prevent you from withdrawing the funds. For more scamming tricks, check our UltraBrokerz review.

Saberx.io Trading Features

It seems that all Saberx.io Online Trading features are completely fictive. Primarily because the company doesn’t reveal any information about the trading platform itself. For fundamental and technical analysis it’s important to know what tools you can use. Especially with Saberx.io stocks offer.

Available Trading Assets

As for the tradeable assets, the company has quite an unusual offer. Those are not standard assets. Instead, they offer: 

• Stocks
• Futures
• ETFs
• Options

Account Types

Important to realize is that Saberx.io futures or any other option have the same conditions. There is no account type separation or benefits for bigger trading volume. Practically, no motivation for anyone to deposit higher with this shady company.

Mobile Trading App

Without transparent platform information, we didn’t expect the Saberx.io app download option. And the expectations were met. But to understand the importance of a trusted app, you should read our INVCenter review.

Demo Account

Above all, the platform is hidden for a reason. It doesn’t offer any advanced features. OR it doesn’t exist at all. In any case, this company didn’t find it convenient to provide risk-free options for trading. Such as demo accounts or micro-accounts.

Education

Another key fact is that education is not a part of Saberx.io services. Practically, you are left on your own or to trust their agents. Whose goal is not to teach you how to invest, but to extort money from you.

Saberx.io Withdrawal

Important to mention is that this scam broker doesn’t have any withdrawal policies. Not even in their T&Cs mentioned. Therefore, they can make up any excuse not to allow your withdrawal. But be careful, even if they have some legal documents, they can scam you. In the end, they are not regulated and the company chooses if they will comply with laws or not.

Customer Support

Unfortunately, with Saberx.io broker only 2 contact options are available. Those are phone line and e-mail. But if you get the response that the phone is not in service or It’s unavailable, most likely it’s a VOIP service. After all, without a license, they can ignore your requests completely. Practically, the support is useless.

Key Information To Consider About Saberx.io?

As mentioned, lack of licensing, legal documents and transparent withdrawal conditions are key scam signs. In addition to that, trading conditions and platforms remain unknown. We strongly advise you to check any legitimate and Tier 1 licensed broker. Very quickly you will see the difference.

In the end, if you want to start somewhere else you need to get some money back first. Our chargeback team is available to consult you about the next steps. Whether you are applying for a chargeback or using alternative refund options like CipherTrace. Get in touch now!

FAQ Section

What is Saberx io?

Saberx.io is allegedly a Canadian broker that has been operating since 2023 and it’s already on the warning list of trusted regulators.

Is Saberx io Trustworthy?

No. The company doesn’t have any regulations. After all, withdrawal issues are inevitable. If that happens to you, get in touch with our refund team for assistance.

What Are The Trading Platform Of Saberx io?

In fact, the Saberx.io scam broker doesn’t reveal any details about its trading platform. Most likely it’s a web-based one.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

Today’s foreign exchange markets attract lots of people, offering tremendous opportunities to earn money, but, at the same time, online forex trading is a risky venture; this is mostly because of the volatile nature of buying/selling prices and a lot of fraudulent brokers.

Our company tries to unveil scamming traders from – Germany + UK. Therefore, in the following CresCapital review, we will explain why investing with this phony broker is a bad idea.

Let’s first have a quick glance at this fraudster’s offering. When you access its website, you will find plenty of unproven statements and misleading information, such as that CresCapital is a trustworthy trading company recognized globally and rendering the latest technology and industry-leading services. 

In reality, everything related to this forex provider is smoke and mirrors, and you will see why. So, please continue reading.

To add to the foregoing, we strongly advise you to ignore brokers such as AXCapital, Northern Bits, and AllinvestFX.

Is CresCapital Licensed Broker?

Following our previous argument, the first sign of an untrustworthy company is having no licenses and regulations. After we had checked the respective financial market regulators, we didn’t find anything matching CresCapital. Otherwise stated, this broker is unlicensed and unauthorized to provide online financial trading services. But what does it mean to traders? Find out in the next section.

Before moving forward, we just want to point out that the CresCapital broker is allegedly registered in Saint Vincent and the Grenadines as Ethereal Group LLC. It comes with no surprise since SVG doesn’t regulate its forex market and is a top spot for offshore-based brokers.

Why Is Trading On a Licensed Broker’s Platform Preferable?

Speaking of the benefits of regulated brokerage firms, every online financial trading company must be authorized by a related financial market supervisory body to work legally. However, this is not just for the sake of legislation but also because it ensures the safety of your funds and professional ethics.

Not every trading credential is the same. For instance, brokers licensed under high-ranking financial agencies such as UK FCA, German BaFin, and Australian ASIC are the most trusted. It has to do with high standards and stringent measures dictated by these authorities. As an illustration, FCA requires brokers to maintain £1M working capital as a prerequisite for the licensing.

In addition, as a trader of an FCA-accredited company, you can be compensated for up to £85K if things go south (e.g., bankruptcy or cessation of trading). Not unexpectedly, you can have nothing of this with an unlicensed brokerage firm like CresCapital.

So Is CresCapital a Decent Broker or a Scam?

As a part of Ethereal Group LLC, CresCapital operates out of an offshore safe haven, Saint Vincent and the Grenadines, without required licenses and authorizations.

CresCapital Available Online Trading Platform & Tools

When it comes to CresCapital trading, this financial swindler has put some effort into making its web page have the appearance of one of the legitimate-looking websites. Beginners might fall for its false promises of an advanced trading platform (CresCapital terminal) accessible on every device (desktop, browser, and mobile version), consisting of cutting-edge tools, and coming with 24/7 support. 

We are very skeptical about this claim and don’t recommend taking chances with CresCapital. Although sometimes fraudulent brokers have effective trading programs, they still use them to defraud and manipulate.

Mobile App For IOS

According to the CresCapital website, traders can trade on the go by downloading the CresCapital mobile trading application for iOS and Android. However, you shouldn’t take it for granted considering the fraudulent nature of this brokerage firm. 

For real, safe, and profitable trading, we advise selecting well-established trading organizations. For example, leading brokers have their proprietary mobile apps officially available on Google Play and Apple Store.

Web Trading

The offer of state-of-the-art technology harbors suspicion when it comes from a dishonest scam broker such as CresCapital. It turns out that its reportedly modern trading software is web trader that has poor performance and is not nearly as desirable as a real advanced trading program. 

For the best trading experience, go with MetaTrader 4, MetaTrader 5, cTrader, and Sirix providing outstanding tools such as automated trading, copy trading, stop loss, and market analysis.

CresCapital Accounts Overview

Although we don’t recommend trading with CresCapital, we analyzed its offers of trading accounts. So, a brief outline of trading options is as follows.

• Elementary: $250 minimum deposit, aimed at beginners, over 50 tools;
• Intermediate: $1,000 minimum deposit, for experienced, more than 150 tools;
• Advanced: $10,000 minimum deposit, made for advanced traders, more than 250 tools;
• Premium: $25,000 minimum deposit, designed for professional traders, over 300 tools;

Bear in mind that this offer is fabricated and should be taken with great caution. Also, the minimum opening balance of $250 is considered high when you can start trading for as little as $5 with proven brokers.

Additionally, all accounts allegedly include negative balance protection, which is a risk management tool used to minimize loss (i.e., a trader can’t lose more than deposited). We are sure that this con artist is not interested in your welfare.

CresCapital Range of Trading Markets

Pretending to be a valid FX broker, CresCapital reportedly provides a range of tradable assets including the following.

• Indices: S&P 500, Dow Jones Industrial Average, Germany 40, FTSE 100;
• Forex pairs: EUR/USD, USD/JPY, GBP/EUR;
• Energies: natural gas, crude oil, brent oil, gasoline;
• Stocks: Apple, Amazon, Facebook, Microsoft.

Surprisingly, this scammer doesn’t offer crypto assets. Anyhow, you should refrain from investing with CresCapital.

However, remember the names of the Shangquan, Aiko Markets, and Bitonext and stay away from them! Before investing, always check the history of online trading organizations!

What Is Known About CresCapital’s Trading Conditions?

From what we know about this unscrupulous broker, it can only provide an unhealthy trading environment that benefits its criminal objectives. It manipulates trading conditions to make them more attractive and profitable to entice you. For example, offering ultra-low spreads (starting from 0.5 pips). As for leverage, this company doesn’t reveal it; however, we are pretty much sure that it is higher than allowed (e.g., over 1:30).

Deposit and Withdrawal Process

Per its website, you can transfer to and from accounts via credit/debit cards and bank transfers. Although these two payment methods are the safest, we smell a rat. That is because these two means of payment are reversible, which is not something in line with this cyber fraud’s goals. 

Most probably funding methods at CresCapital are crypto payments since they are harder to reverse and track. Concerning withdrawal fees and turnaround time, they are not revealed. Anyway, please note that there are no money withdrawal guarantees with unlicensed and anonymous brokerage firms like CresCapital.

Scammed by CresCapital Broker? – Let Us Hear Your Story

To finish the CresCapital review with a piece of advice on what you can do if you are defrauded by this investment scam. You should know that you can retrieve your money with the help of experts. Having said that, our chargeback specialists can assist you in recovering your funds. If you wonder how and what it entails, read below.

But What Is A Chargeback?

So, as we have indicated that getting your money back is possible, it is done by a chargeback. Namely, VISA and MasterCard enable cash back to victims who have funded via credit/debit cards. For those who have made deposits through wire transfers, the chargeback is also doable until they confirm a transaction. As for crypto payments, you should seek professional help since they are more challenging for chargebacks. 

Anyway, our company can assist you with all chargebacks. Thus, get in touch with us. Lastly, don’t forget to report this fraudster and leave negative CresCapital reviews to alert others.

What Is CresCapital?

It is an anonymous and offshore-based broker with no licenses and regulations.

Is CresCapital a Scam Broker?

Yes, it is. Although it is not officially exposed, it carries all hallmarks of a trading scam.

Is CresCapital Available in the United States or the UK?

It is available in the UK but not in the US; still, it doesn’t mean this fake broker complies with the law.

Does CresCapital Offer a Demo Account?

 No, it doesn’t; it only offers live trading accounts starting at a $250 min deposit.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

Weltex is an entirely anonymous online trading brokerage. Usually, when firms hide their own owner and legal jurisdiction, you’re dealing with a scammer. We want to show you what we discovered in this Weltex review without further presuming.

What About Weltex Regulation?

Weltex is a brand without details. The company hasn’t listed the owner, governing law, or even a phone number to reach them. The only way to contact the firm is via email. From our experience, it can mean that this broker is based offshore, or it’s a typical boiler room looking to extort money and disappear.

Why Must a Broker Have a License?

There are many reasons to look for a regulated company. The main one certainly is funds’ safety. Tier1 regulators such as FCA, ASIC, and BaFin ensure that every Forex firm will have a significant compensation fund to reimburse potential victims. Furthermore, they’re checking all the firms and confirming that your funds are held in segregated bank accounts in reputable banks.

Companies like Weltex follow no rules and your funds are at risk.

In addition to the above, we strongly advise you not to invest in NewFX, FavorTrades and  CMCbits fraudulent brokers.

Traders Reviews About Weltex Scam

If you check the Trustpilot, for example, you will see that the broker has no negative reviews. It’s rated as excellent or great by 3 customers, and all the reviews were written in the same week, November last year. Ever since, there have been no comments. Suppose you’re looking for an honest evaluation from your clients; you’d give them a chance to rate you as a broker. This way, the company seems to have blocked all the reviews, trying to cover up the fact they’re stealing money and operating illegally.

Supported Trading Platforms – Available Trading Software

The broker only provides a proprietary WebTrader. The platform is available from any browser and has several charts and indicators but doesn’t support EAs or social trading. If you want to trade, we always advise MT4 or MT5.

Mobile Trading with Weltex

The firm claims to offer an app for Android and iOS, but it’s based on WebTrader. Therefore, you have no special tools, only a basic TradingView chart.

All About Weltex Accounts

Weltex offers its traders 6 account types.

1. Standard – $10,000
2. Bronze – $25,000
3. Silver – $50,000
4. Gold – $100,00
5. VIP – $250,000
6. Pro – $1,000,000

Accounts differ in the initial deposit, sessions with a certified accountant, and spreads.

Countries Where Weltex Scam Is Active

Our review has shown that the Weltex trading scam mainly targets:

• Germany
• UK
• Spain
• Poland

Weltex Range of Trading Instruments & Markets

Weltex offers to trade in the following markets:

• Currency pairs
• Commodities
• Indices
• Shares
• Cryptocurrencies

Weltex Leverage

The leverage Weltex provides is unregulated, going from 1:100 to 1:400. In the EU and UK, regulators have set a limit to 1:30 or 1:50 for the Forex market and 1:2 for the crypto market. Looking at Weltex leverage, you can already see how the broker is putting you at risk, increasing your chances of losing the funds 10 times more than any regulator approves.

Besides, noted the names of the VideForex, Fin Venture and Xpoken trading scams and avoid them at all costs! By the same token, always analyze the background of online trading companies before investing!

Weltex Deposit and Withdrawal Methods and Bonuses

The company accepts the following payment methods:

• Debit/credit cards
• Wire transfer

The minimum deposit is $250, while the minimum withdrawal amount for wire transfers is $1,000 and for card withdrawals $100. The company claims there are no fees for any withdrawals.

Besides, you’re entitled to a bonus on the initial deposit. Once accepted, you will have to repay the deposit amount 15 times before being able to submit a withdrawal request.

Are You Already Involved With Weltex? – Share Your Story With Us

If you have been scammed by Weltex, don’t get desperate. It’s time to file a dispute and request a chargeback.

But What Is A Chargeback?

This is a way for your bank to reverse the fraudulent transaction. Instead of letting scammers run with your money, you need to take action now. Let’s book a free consultation with our experts and start the process immediately!

What Is Weltex?

Weltex is an online trading Forex and CFD brokerage without a license.

Is Weltex a Scam Broker?

The firm is entirely anonymous, hiding its headquarters and governing law.

Is Weltex Available in the United States or the UK?

Weltex provides its services in both the US and the UK.

Does Weltex Offer a Demo Account?

No, Weltex doesn’t offer a Demo account. Clients have to invest $250 to gain access to the platform.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

Everrise Brokers is a brokerage firm based in Switzerland, supposedly founded in 2007. The company is attracting customers with promises of latest technological solutions and full protection of clients’ info and funds. 

The first red flag to be found is the lack of legal documentation proving the existence of regulation. Another concerning fact is that there’s a warning issued by the Swiss jurisdictional regulator (FINMA). 

Do not rush into investing with this broker and read this review first.

In top of that, we seriously recommend you not to invest in the fake brokers VirtusCapital, Winnex Consulting, and Limit Markets. Do not trade with these unlicensed brokers if you want to save your money!

Is Everrise Brokers a Regulated and Safe Broker?

Since the site does not give proof of regulation, we have checked the registers that financial authorities keep. However, Everrise Brokers does not appear in the lists of regulated brokers at FCA, CySEC, CFTC, IIROC, CONSOB, BaFin. 

Furthermore, Everrise Brokers is based in Switzerland. Naturally, we checked the FINMA database of licensed entities. The result was concerning, as Everrise Brokers is not only unlicensed by FINMA but is also blacklisted by this regulator. FINMA states that Everrise Brokers is a company carrying out unauthorized services without being supervised by this regulator.

All these facts serve as a warning sign not to trust Everrise Brokers. Without being regulated, this broker cannot provide funds security, customer protection, risk-reduction standards. 

Why Is Trading On a Licensed Broker’s Platform Preferable?

Licensed brokers provide full security of funds and complete transparency, in accordance with regulatory standards. They’re always being supervised by the jurisdictional financial authorities. In case of a wrong move, legal action is taken.

Clients are fully protected and guaranteed that they won’t lose more than they have invested. Trading is done on reliable software.

How Reliable Is Everrise Brokers Broker?

Everrise Brokers is an unlicensed firm, blacklisted by FINMA. Without the necessary license and regulation, a warning against Everrise Brokers has been issued by the Swiss regulatory body. Therefore, be careful when dealing with this shady company.

What Trading Software Does the Everrise Brokers Broker Offer?

Everrise Brokers offers access to a web based platform with quite limited functionality. The terminal shows a basic chart and a few customization possibilities. The left side of the trading area shows the choice of trading instruments groups. 

This type of trading platform can hardly compare to industry leaders like MT4 and MT5. These platforms are used by most successful brokerage companies today and over a variety of features.

AnyDesk and TeamViewer 

One of the scamming strategies is the usage of remote control over the clients devices. This is achieved by convincing the client to install certain apps (AnyDesk, Team Viewer). 

With their help, frauds gain access to clients’ laptops, desktop and other relevant platforms. The misuse includes getting a hold of users’ private information like credit card credentials. 

Everrise Brokers Accounts Overview

Account types offered at Everrise Brokers with the cost are the following: 

• Silver – $10 000
• Gold – $25 000
• Platinum – $50 000
• Diamond – $250 000
• Millionaire – private invitation

Also remember the names of the Zetano, Invest Kingdom and FastEarnings247 trading scams and avoid them at all costs! Moreover, always check the background of online trading companies before investing!

Everrise Brokers – Countries Of Service

Everrise Brokers focuses on clients from the English speaking areas. The list includes countries like the UK, Australia, Canada and the US. Other countries are included also. Seems like Everrise Brokers doesn’t refrain from offering financial services to residents in the areas where they are not regulated.

Bonuses and One-Time Trade Credits

Everrise Markets offers certain bonuses and rewards for the new clients and the existing ones. These are given to clients as a part of the promotions programs. One-time trading credits are limited time offers that have conditions included. 

The clients can only withdraw the bonus after reaching the trading volume equivalent to the amount of 40 times the combined value of the initial deposit and bonus added.  

What Is Known About Everrise Brokers’s Trading Conditions?

Maximum leverage possible at Everrise Brokers is 1:300. Needless to say, this high leverage is banned by most top tier regulators and is limited to 1:30 or 1:50. Spreads offered are pretty tight, starting from 0.1 pips. 

Clients can trade several classes of trading instruments, which include: crypto, forex, commodities, indices, metals, stocks. 

Client area suggests wire transfers and credit card payments as possible ways to deposit. Minimum funding amount from the user area is $150. 

Promotions, prizes and bonuses are not exactly described but it is stated that they do come with conditions, as the mentioned trading volume requirement of x40. 

Withdrawals are processed within 5 working days but the company keeps the right to cancel them, in case they’re considered not to fulfill the conditions.

Scammed By Everrise Brokers Broker? – Let Us Hear Your Story

Getting scammed is not a pleasant experience. However, it is certainly not a shameful thing to speak about. If you have ever been defrauded by Everrise Brokers, feel free to tell us about it. 

We can provide you with help reporting the scammer and starting the chargeback process. Contact us today and start your chargeback process.

But What Is A Chargeback?

Chargeback is a process the defrauded clients starts for the purpose of retrieving the stolen funds. This process is important to be initiated as soon as possible. So be sure to act quick, as it is of utmost value. 

Contacting your credit card issuer within the first 540 days after the first deposit is a sure way of starting the refund process. If you still have any doubts or insecurities, we encourage you to refer to us for advice.

What Is Everrise Brokers?

Everrise Brokers is a shady website selling online financial and transactional services.

Is Everrise Brokers a Scam Broker?

Considering the fact that Everrise Brokers is operating without license, they can be treated as a scam broker.

Is Everrise Brokers Available in the United States or UK?

Yes, Everrise Brokers offers their services to the residents of the UK and the USA.

Does Everrise Brokers Offer a Demo Account?

No, this broker does not offer the possibility of opening the trial account with virtual funds.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

Zetano is a CySEC-regulated trading firm operating in the EEA zone. Additionally, it complies with the trading laws of the UAE. 

We’ve decided to check this business and present you with their offer. Read our thorough Zetano review and learn everything. Then, you can make an educated decision about whether to invest with the firm or not.

On top of that, we seriously recommend you not to invest in the fake brokers Allfina Group, PilotGain, and Olympus Brokers. Do not trade with these unlicensed brokers if you want to save your money!

Zetano Is A Licensed Broker?

Zetano is a brand of Wonderinterest Trading Ltd, a firm registered in Cyprus. The owner has been active since 2016 when it obtained a CySEC license number 307/16. This license covers two brands – Zetano and Investago. The company has another office in the Czech Republic, registered as Wonderinterest Trading s.r.o.

According to CySEC, Zetano is on the UK’s temporary regime, meaning that it hasn’t obtained an FCA license and cannot provide its services fully to UK residents.

CySEC license means the firm needs to have operational capital of 730,000 EUR at any moment. Moreover, it has to participate in the ICF compensation fund with 20,000 EUR per customer. All in all, your funds are safe if you reside in the EEA zone.

Reasons Not to Trust an Unlicensed Broker

Unlike Zetano, scam brokers respond to nobody. They have no obligations whatsoever and don’t need to keep your funds in reputable banks or segregated accounts. They can simply vanish, and tracking them down can be quite a hassle.

Instead of trying your luck with such, find a legit firm with a Tier1 license.

Is Zetano to Be Trusted?

Zetano is a CySEC-regulated trading firm. The broker belongs to Wonderinterest Trading Ltd, which has been in business since 2016. It operates under two trading names – Zetano and Investago.

What Do Traders Think Of Zetano?

Zetano reviews are pretty mixed. The broker has a solid rating of 4 stars on Trustpilot, with customers being generally satisfied. Of course, there is always the other side and those who have lost their funds for one reason or another.

Overall, Zetano has been rated positively. What concerns us is that the company that has been in the business since 2016 has such a low number of reviews. Zetano domain has been active since 2018 and, in 4 years, earned only 4 Trustpilot reviews.

What Platform Does Zetano Offer to Trade On?

Zetano offers XOH Trader, a platform that really does have some advanced features. Clients can feel the market, apply some advanced strategies and earn profits. 

The benefit of the software is that it’s available as a WebTrader too, meaning it’s easy to access and navigate through. This can be a perfect fit if you’re not a fan of desktop apps.

Zetano Mobile App

The platform is accessible from mobile devices as well. Both Android and iOS users have their links on the broker’s website. Once downloaded, the platform will contain the same features as the desktop version. 

While XOH Trader is a solid software, it can’t compete with industry standards – MT4 and MT5.

Can I Use the Demo Account?

Zetano Demo account will be enabled for the first 30 days. After the expiration, clients will need to open a real account. While we understand the need to let customers decide if they wish to trade or not, blocking access after 30 days is not so favorable. Sometimes, having both a Demo and a Live account can help you practice strategies before actually applying them with real funds.

Zetano Broker – Countries Of Service

According to reviews, Zetano broker is mainly active in:

• Spain
• UK
• Italy
• Germany

With their CySEC license, the company is only entitled to operate in the EEA zone.

Zetano Range of Trading Markets

Zetano customers can trade on four major markets, those being:

• Forex – AUD/CAD, GBP/USD, USD/ZAR
• Commodities – gold, corn, sugar
• Indices – NASDAQ, FTSE100, DAX30
• Shares – Amazon, Alphabet A, Bank of America

We’ve expected to see crypto with one eminent broker, but sadly, it’s missing.

What Is Known About Zetano’s Trading Conditions?

As a legit broker, Zetano elaborated on its trading conditions thoroughly. The leverage and spread has been disclosed in the About Us section, along with other fees.

Besides spreads, the firm charges swaps and other commissions one should know about before investing. It’s quite a pricey broker from everything we’ve learned.

About Leverage and Spreads

The leverage goes up to 1:100. However, the default is 1:30 for retail traders, according to CySEC standards. If an investor is experienced and able to prove their level of proficiency, they can get up to 1:100.

The spread starts at 3 pips for the EUR/USD benchmark, which is disappointing. We expect a regulated broker to offer favorable trading conditions.

Zetano Minimum Deposit and Withdrawal Terms

When it came to the minimum deposit, we were quite confused. The Payment Methods section indicates that customers need at least $1,000 to start trading. On the other hand, the About Us section says that it’s enough to deposit $250.

Whatever the truth, we’re disappointed once again. Legitimate firms usually offer Micro accounts starting with as low as $10.

As per withdrawals, the minimum amount is $0. The withdrawal needs to be processed using the same payment method as used for depositing funds.

Deposit Methods

The broker accepts two payment methods:

• Debit/credit card
• Wire transfer

The maximum deposit amount for cards is limited to $10,000, while there’s no maximum for bank transfers.

What Should I Do If I Lost Money With Zetano Broker?

If you lose your funds due to any illicit activities by the broker or an employee, you can request a chargeback. Your bank may recover funds from the merchant if you can prove that you haven’t received the proper service.

Contact us via online chat to book a free consultation and we may be able to assist with the refund. Our experts will be happy to assist.

What Is Zetano?

Zetano is an online trading brokerage registered in Cyprus. The firm has a CySEC license.

Is Zetano a Scam Broker?

Zetano is authorized to offer financial services in the EEA zone.

Is Zetano Available in the United States or the UK?

The broker is not available in the US and can only provide partial services in the UK as it doesn’t have an FCA license.

Does Zetano Offer a Demo Account?

Zetano offers a trial Demo account valid for 30 days.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint