This dishonest firm considers itself to be an ace in the Forex industry and claims to offer clients a chance to skyrocket their profit and abilities. Truth be told, the website looks fairly decent and comprehensive, some would almost believe the false statements.

Not us, though. The following AssetAce review explains how fraudsters running this scheme really think and why multiple regulators slapped a warning on this brand name.

Unregulated And Blacklisted

The contact address leads clients to believe that the company is based in the greater Auckland area of New Zealand. Legal docs claim that the company is registered in Australia.

Forex brokerages need to have a regulatory license issued by the authority in the nation they are registered as well. Since the AssetAce broker is not regulated by either FMA or ASIC it is operating illegally.

This is not the only trouble with this illicit entity. They are known to provide unlicensed services in multiple jurisdictions, and are blacklisted by ASF, AFM, CONSOB, LB, CBR, FI and IOSCO.

Inquiring with other regulators, including BaFIN, CySEC, FCA, NFA and FINMA yielded no results. We can now be certain that the asset-ace.org website is running a con operation similar in nature to TradeMarketsPro.

Dealing with these sorts of fakes means you can’t benefit from fund safeties such as compensation schemes or negative balance protection.

How The Scheme Works

The AssetAce Forex scam was launched in January 2023, immediately targeting people from these nations:

• Romania
• Germany
• Italy
• Spain

All of the victims were dragged into their precarious situation by the unscrupulous boiler room agents. These agents are known to go through the phone books and dial numbers until someone shows interest.

At first, they ask for a relatively small investment amount, but their appetites quickly spiral out of control. All of the invested money is stolen by the swindlers in a scenario similar to how AE Global Link operates.

Traders’ Opinions

The company brags on their website about having an excellent trust score on TrustPilot. This platform, however, has posted a warning that they’ve removed a number of fake comments posted by review seller networks.

The rating score of 4.2 is not realistic, and has been inflated by these fakes in order to boost the company’s reputation.

Are Costs Realistic?

The spreads on each account are relatively low. On average, they start from 0.0 pips. Now, that would imply the higher commissions charged, but that’s not the case either. The commission charged on this platform doesn’t go over just $3.5 which sounds quite generous.

Now, the most concerning part is definitely the leverage, which doesn’t have the upper limit! The site marks it as “unlimited” (1:unlimited).

Ineffective Trading Environment

None of the promises you see on the website hold to any scrutiny. Much of the information is purposely obscured to urge victims into investing without prior knowledge. Their allegedly high quality trading environment is but a sham, as many of the features simply don’t work.

Software Raises Suspicions

The company won’t let you know about their trading app until you’ve already created an account and accessed the dashboard. Even then the download button just says “desktop”, hiding the fact that the application in question is Sirix Station.

While the program is not that different compared to industry standard MT4, MT5 and cTrader, it’s almost exclusively used charlatans just like this one. This led to the software gaining notoriety among the traders over time.

Unknown Mobile App

A mobile app is available as well, albeit only for Android compatibles. It’s called App4World and may be acquired through Google Play, but it doesn’t have a large number of individual downloads.

If you’re looking for a reliable broker, always choose one that provides industry standard software to avoid any encounters with undesirable malware.

Fake Account Diversity

While registering is free of charge, trading with AssetAce accounts is quite pricey. There are some hints about a demo with $50,000 of virtual balance, but it’s not really available in the dashboard.

If you want to speculate, you’ll have to cough up some dough:

• Standard – $150
• Raw Spread – $200
• Zero – $200

The different account types and pricing methods are just there to mimic how a regulated broker functions. Something that caught our attention is the cost of Zero account, which is $10 or lower with mainstream brokerages.

Range Of Instruments

Forget about detailed insight about the financial instruments, this company will have none of that. Here, you only get some vague descriptions about what should be available:

• Forex – EUR/USD, AUD/CAD, CHF/GBP, NZD/AUD
• Cryptocurrencies CFDs – BTC, ETH, XRP
• Shares CFDs – Apple, Tesla, Netflix
• Metals – Gold, Silver, Platinum
• Energies – Crude, Brent, Natural Gas
• Indices – Dow Jones, S&P500, Nikkei

Flexible Payments? Hardly!

The user area only allows you to choose between credit cards and crypto. Whenever you’re able, please choose a transparent channel, such as credit cards, because it allows for a chargeback. Crypto transfers are far less predictable and harder to trace. However, we are still capable of doing it, so chat us up if you need that kind of help. 

Otherwise, it is published on the site that the minimum amount for account funding is $ 150 or 0. 005 BTC and the same stands for withdrawals. Sadly, that’s all that’s ever said. No fees are explained and processing time is supposed to be instant, which is too unrealistic.

Dedicated Support Not Found

If you’re used to being properly treated by customer service at brokerage sites and you’re used to having all your questions diligently answered, that won’t be happening here. This trading domain doesn’t feature customer service at all. Yes, there’s a phone number and an email as alleged contact channels, but nothing implies involvement of a specialized client help center.

Got Scammed? Get Your Money Back!

Asset-ace.org website is a front for an illegal forex broker scam operation. The firm is neither registered nor licensed, and has been placed on the blacklists of many financial regulators across the globe. Everything you see on the site is just smoke and mirrors, intended to lure potential investors into a trap.

If you’ve had a run-in with this company, consider pulling your money out as soon as possible. Our experts can help with your withdrawal, so book a free consultation by using the live chat on our website.

FAQ Section

What is AssetAce?

The trading domain is a complete bogus and features unrealistic trading conditions as a false brokerage firm.

Is AssetAce a Regulated Broker?

No, as a matter of fact, the company has been blacklisted as an apparent scam by a number of financial regulators!

Can I Get a Refund from AssetAce?

Yes. What we suggest is to contact our legal experts and they can help you trace your transfers and locate your 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

If you need an example of a fraudulent firm, we have Brokeragea. The company is offshore, unlicensed, and banned in one EU country. Since we want to ensure that you have a complete overview of the company and understand why not invest in it, we did a detailed review. Find out what traders honestly think before you end up scammed.

Is Brokeragea a Broker With a Good Reputation?

Brokeragea is a brand of Brokeragea Ltd, a company registered in Saint Vincent and the Grenadines two years ago. Since SVG has no financial regulator, it has become a popular hub for grey-zone firms. Technically, most of them are registered as financial businesses, but none of them is supervised by any authorities. According to the Financial Services Authority of SVG, Forex and CFD trading providers should opt for a license in the country of service. Yet, after checking the registers of the FCA, ASIC, BaFin, and more, we concluded that Brokeragea did not follow the directive and operates unlicensed.

How Unsafe Is An Unlicensed Broker?

Unlicensed brokers are unsafe. Simply speaking, the company has no higher authority, and nobody supervises its activities. It can vanish at any moment, and your money can disappear with it. 

Also, we want to invite you to read our recently updated reviews of fraudulent brokers SinaraCorp, PrimeDeltas,  and ACE FX. Be careful with these brokers.

​​Is Brokeragea a Legit Broker or a Scam?

Brokeragea is a scam online trading firm. The broker has no regulations and operates from Saint Vincent and the Grenadines. The company is banned in Italy due to scam activities.

Brokeragea Warnings From Financial Regulators

After a number of complaints, the Italian regulator CONSOB issued an official warning against the Brokeragea trading scam. According to this warning, the firm provides illegal financial services. The domain brokeragea.com was added to the blacklist, and citizens were warned to avoid the firm. If you have any issues with the brokerage, report them immediately.

Traders’ Experience With Brokeragea

While we read numerous negative reviews, we will present you with one of them. That way, you’ll understand the overall traders’ experience.

“Terrible broker, only negative emotions, my balance is already in the red, they just stole money from me and require replenishment, otherwise they will sue, I didn’t even have time to trade! brokeragea.com – scams”

– Sitejabber Customer

Brokeragea Platform – Platform Features

Brokeragea offers a typical WebTrader with no special trading features. Also, the software doesn’t support social trading or automated trading, meaning it’s far behind MT4 or MT5. Moreover, customers can look at available trading assets, choose buying or selling positions, see the margin level and deposit more funds. However, it’s nowhere near enough for the investors to succeed in the market.

Access Terminal from PC, Android, or iOS

The company claims to offer access via desktop, Android, and iOS devices. Basically, the app is the same as WebTrader, without any special features. 

However, we highly recommend the MetaTrader app for mobile and desktop devices if you want to start trading.

Educational Features – Free Education for Customers

One of the lures that illicit brokers recently used is offering free education. Thus, if you’re new to online trading and want to get some information first, the broker will provide you with an educational course included in the price. While they call it free education, they will insist that you deposit the minimum amount so that you will gain access to the trading account and be able to learn. Thus, it’s not free and just another tool to hook you into depositing.

All About Brokeragea Accounts

If you’re still interested, here’s an overview of Brokeragea trading accounts.

• Starter – $1,000
• Classic – $2,500
• Intermediate – $5,000
• Advanced – $10,000
• Ultimate – $50,000
• VIP Policy – $100,000

According to the Account Types section, the more you upgrade, the more perks you can get. Likewise, with an Intermediate account, you have technical indicators and economic news. The Advanced account brings fixed pricing, while Ultimate and VIP Policy give access to EU private bank accounts.

Brokeragea Broker – Countries Of Service

According to our research, the broker is mainly active in:

• France
• Canada
• Belgium
• Germany

In the meantime, avoid scammers like 24Trades, Fusionfx24 and Oriontero. So, if possible, tell us about your scam experience.

Brokeragea Range of Trading Instruments & Markets

Brokeragea offers traders to invest in:

• Currency pairs – EUR/USD, CAD/JPY, EUR/CAD
• Indices – Dow Jones, S&P500, DAX30
• Shares – Amazon, Tesla, Microsoft
• Commodities – coffee, soy beans, gold
• Cryptocurrencies – BTC, ETH, XRP

Brokeragea Trading Conditions

Like any unregulated broker, Brokeragea determines its own trading conditions.

About Leverage And Spreads

The leverage is against regulations and goes up to 1:400. While it may be good since you can earn more profit, it can also put you in 400 times higher losses. That’s why most Tier1 regulators have set a limit on the leverage, whether 1:30 or 1:50 for the Forex market and only 1:2 for cryptocurrencies. Besides, spread is not disclosed, leaving trading costs unknown.

Brokeragea Deposit, Withdrawal Methods, And Fees

The company accepts only two payment methods:

• Debit/credit cards
• Bitcoin

Investing in BTC is not recommended since transactions are hard to follow. Thus, scam brokers enjoy transferring your funds from wallet to wallet, hoping to be protected by anonymity and knowing that you cannot get the money back even if defrauded. 

Also, as per fees, the company charges 4% annual interest and claims they can apply daily interest according to the client’s standing. 

Minimum Investment Amount

The company requires a too high initial deposit of $1,000. While the industry standard is $250, you can find some legitimate firms with Micro accounts starting at $10. There’s no reason to risk so much money with shady offshore fraud. Rather find a licensed broker and enjoy earning profits.

Bonuses – A Fraudulent Method

Despite a regulatory ban on bonuses and other incentives, some scheme firms still insist on providing these. Yet, the company has a clause stating, “If the client obtains a bonus, reward, or promotion with more than 10% of the capital, it will be subject to particular obligations, which shall be determined with specific transaction requirements on each dollar of the bonus funds.” Yet, there’s no such specification, meaning that the firm can simply ban you from withdrawals claiming that you have not fulfilled their imaginary demands.

Customer Support – Communication Channels

According to reviews, customer support contacts clients via:

• Phone calls
• Emails
• WhatsApp and Telegram messages
• Facebook and Instagram
• Dating apps

If you see the name Brokeragea, know that you’re about to be defrauded.

Scammed by Brokeragea Broker? – Let Us Hear Your Story

Have you been scammed by Brokeragea or a similar bogus broker? Let us know. Our chargeback specialists will do everything in their power to help you recover stolen funds.

But What Is A Chargeback?

A chargeback is a way for the bank to recover funds directly from the merchant. Since there’s a time limit of up to 540 days, we need to act fast. Contact us right away to book your free consultation, and let’s recover your funds before it’s too late.

What Is Brokeragea?

Brokeragea is an online Forex and CFD trading provider without a license.

Is Brokeragea a Scam Broker?

Brokerage is online trading scammed banned in Italy.

Is Brokeragea Available in the United States or the UK?

The company provides its services in the UK but not in the US.

Does Brokeragea Offer a Demo Account?

No, Brokeragea doesn’t offer a Demo account, only Live ones.

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

With a bold statement, “Everything we do enables traders to achieve more,” Swissqb247 broker is definitely worth our time. We wanted to see what exactly they do and how it can benefit you as an investor. So, let’s start our Swissqb247 review.

Swissqb247 Regulation and Security Details

Since we have absolutely no information about the broker, this one was hard to answer. Every now and then, we come across a website that doesn’t bother to provide us with the company owner or their official headquarters. Unfortunately, Swissqb247 is one of those brokerages. Therefore, we can only conclude that being involved with them means being involved with an unregulated, shady company, most likely based offshore.

However, getting your money back from such won’t be an easy task. We strongly advise you to choose Tier1 regulated brokers with FCA, ASIC, BaFin, or another valid license.

Swissqb247 Warnings From Financial Regulators

As a confirmation of all our statements, we found an official warning from the Italian CONSOB. According to this authority body, Swissqb247 forex brokerage is a notorious scam everyone should avoid. CONSOB advised anyone scammed to file a dispute immediately.

Fund Withdrawal Issues With Swissqb247

With everything listed, we were not surprised to hear about Swissqb247 reviews. Clients say that depositing money with the broker is more than welcome, and their support when making an initial deposit of $250 was exceptional. However, once they asked for a withdrawal, there were a couple of scenarios – account access was blocked, the account manager had different excuses why right now is not the good time for withdrawals, the money disappeared in the trade a client never opened.

We can conclude from these reviews that opening an account with the broker is not recommended if you ever want to see your funds again.

So, you should avoid Swissqb247 forex broker and similar brokers such as EuroMTS, Arrowteks and LHK-Group.

Traders About Swissqb247 Scam

Besides withdrawals as the main issue, we found several other complaints. Clients are stating that the broker’s web trader has numerous lags. Take profit and stop loss don’t function. Also, broker’s employees are approaching them asking for access to their computers via AnyDesk or TeamViewer. These tools scammers can use to gain access to your bank account and transfer all of your funds without permission. Beware of the Swissqb247 scam and never provide access to your online banking to anyone you don’t know.

How To Know If You Were Scammed Online?

There are several types of online trading scams, but they all have the same outcome – you will lose money. If you invested with a company and can no longer access your funds, can’t submit a withdrawal request, or if this request is denied or not even processed, it would be an obvious sign of a scam. Also, pay attention to how broker’s employees are talking to you. If the only thing you hear is about investing more money and never about returning money back to you, know that something is suspicious.

Scammed by Swissqb247?

If you were scammed by Swissqb247 or a similar illicit broker, you should know that you are not alone. Unfortunately, things like this happen, and you should react immediately. File a dispute and request a chargeback.

But What Is A Chargeback?

This is a way for your bank to reverse the transaction if you can prove that you have been scammed. For further information, contact our support via online chat and book yourself free consultation. Don’t let scammers run away with your money. Get it back!

What is Swissqb247?

Swissqb247 is an online trading brokerage without proper financial regulation.

Is Swissqb247 a scam broker?

Yes, Swissqb247 is a scam with an official warning by the Italian regulator CONSOB.

Is Swissqb247 regulated?

No, Swissqb247 is not regulated by any authority body, and it’s blacklisted by the Italian regulator.

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 Crown Capital FX review cannot stress strongly enough that traders need to stay away. If you receive an unsolicited call or email from this broker, do not respond. Warnings from numerous international financial regulators say the same, run fast and run far. Don’t get your money tangled up with this broker because you’ll never see those funds again.

Crown Capital FX Review: Regulation and Security

This broker is an unregulated broker, operating without any oversight or authorization from any financial regulator. Nobody is checking their operations or applying restrictions on their activities. They do not have to maintain a capital minimum or segregate client accounts. Any traders investing with this organization are at substantial risk of losing their funds with no chance of recovery.

Furthermore, our Crown Capital FX review discovered a warning about the Crown Capital FX scam from the UK’s financial regulator, the FCA. In 2014 they published a statement declaring that they believe the broker to be offering services to UK residents without any authorization and advising clients how to protect themselves from this kind of scam. The Hungarian MNB and Italian CONSOB repeated the warning.

Crown Capital FX Review: Where Are They Based?

Our Crown Capital FX review determined the broker to be based in Jakarta, Indonesia. Their operating company is Crown Capital Management. As an Indonesian broker, they are required to have a license from BAPPEBTI, the Indonesian financial regulator. Without this license, they are not legally able to offer forex and CFD investments, but it appears that the broker does so regardless of this fact.

Deposit and Withdrawal Methods

The broker supports just a few methods, including credit cards and online payment processors. Former clients of the broker report having significant difficulty making withdrawals. These reports include stories of confusing and contradictory instructions from representatives, even telling some clients that they must open a new account to which their funds will be transferred.

Their manipulative practices seem to have prevented many clients from withdrawing their funds, essentially letting the broker keep their money. Without any financial regulator reigning them in, the broker can continue these activities unchecked. Clients have nobody to reach out to for legal mitigation of their activities and are left in the dark as to the status of their withdrawals.

Crown Capital FX Review Summary

Our Crown Capital FX review found CapitalFX to be operating as a classic boiler room operation. There is little to no ambiguity here. They are aggressively pushing investments on clients in the hope of driving up their revenue with no care for the quality of the investments. With constant problems processing withdrawals, it seems like the broker has little intention of letting their clients cash out.

These kinds of practices from a modern forex and CFD broker are staggering. Without effective financial regulation for this broker, regulators around the world can’t do much more than put out warnings for their jurisdictions. Anyone still trading with this broker needs to get their money out as quickly as possible, and it looks like the broker doesn’t have any intention of letting you do so. At this point, your only option is to implement chargeback to recover your lost funds. Our team can help you put this powerful tool into action. Contact us today to get your money back sooner.

Is Crown Capital FX Regulated?

Absolutely not. Even though Indonesia does have a financial regulator to oversee brokers, this broker has not registered. Nobody is holding them accountable.

Who Owns Crown Capital FX?

Crown Capital FX is owned by Crown Capital Management, a company in Jakarta, Indonesia. The broker lists very few legitimate contact details, making it difficult for clients to reach them.

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

CoinFalcon is a UK-based cryptocurrency exchange that was launched in October 2017. The platform offers users a unique crypto trading experience with low fees. 

The presentation on the website is pretty neat and polished but is it true? We’re afraid not. The company has been receiving negative reviews lately, which is why we will lay out our arguments against this exchange in our CoinFalcon Review.

Legal Info: Is Coin Falcon Legit?

Let’s start with CoinFalcon’s legal background. CoinFalcon Limited was incorporated on October 6, 2017, in the United Kingdom, and dissolved on June 28, 2022, per the gov.uk. How come CoinFalcon is still operating then? Between those two dates, CoinFalcon opened a subsidiary in Ireland called CoinFalcon Digital Limited on January 4, 2021 (Company-Info).

So the exchange we’re dealing with here is actually operated by the Irish-based entity. That’s not such a big deal but the real problem is that CoinFalcon is not regulated. Even during its time in the UK, the exchange did not obtain an operating license from the Financial Conduct Authority (FCA).

In Ireland, the main financial regulator is the Central Bank and this authority doesn’t have CoinFalcon Digital Limited in its register (registers.centralbank.ie). Case closed – CoinFalcon is unregulated and, therefore, pretty risky. You should avoid trading on unregulated exchanges.

Instead, you should trust a reliable provider that operates under the watchful eye of a renowned financial market regulator such as the aforementioned FCA (UK), CFTC & NFA (US), ASIC (Australia), FINMA (Switzerland), CySEC (Cyprus), IIROC (Canada), etc.  

Who Are CoinFalcon’s Clients?

According to the information from the company’s website, as well as godaddy.com/whois, the coinfalcon com website domain was created on May 28, 2017, while the company was officially incorporated in October of that year. Since then, the exchange has primarily been offering services to traders residing in the following countries:

• United States;
• United Kingdom;
• Germany;
• Latvia;
• India.

Needless to say, a provider must be regulated in order to legally offer services in these domains. The United States in particular is known for being the largest financial hub in the world, boasting the heaviest regulation in terms of capital market and digital asset trading. Unauthorized companies have no business there unless they obtain a license.

Some traders even pointed out that they were blocked from trading on CoinFalcon due to being US citizens. But it seems that CoinFalcon accepted some of them after all.

If you’re experiencing issues with CoinFalcon, we are willing to help you recover your hard-earned funds.

Trader Reviews

We noticed the growing number of negative reviews and complaints. Recently, CoinFalcon has been receiving negative backlash on popular forums such as trustpilot.com. 

be prepared to get back what has been stolen from you by the awful brokerage because your deposits is all they want. take a moment to figure this out.

Trustpilot user, August 16, 2023.

COINFALCON is a predatory broker who will ensure you invest a good fortune and never acede to your withdrawal requests…

Trustpilot user, July 6, 2023.

What’s even more alarming is that these weren’t the first negative reviews CoinFalcon received. No, you can find complaints against CoinFalcon on forexbrokerz.com that were written just a few months after the company started operating, meaning that this scam has been running for a while now.

Scams you on the margin!!! Stay away!!!

COMPLETE SCAM. They take a HUGE margin which does not reflect the current coin prices. If you then try to turn around and sell the coins you just bought, they give you LESS THAN HALF of what you originally paid…

ForexBrokerz user, March 10, 2018.

CoinFalcon Mobile App

CoinFalcon offers a mobile app for both Android and iOS devices, allowing users to engage in cryptocurrency trading and manage their portfolios on the go. The mobile app provides a convenient way for users to access the platform’s features.

However, it’s important to stress once more that the platform is unregulated and thus risky. As the traders mentioned, it often malfunctions and freezes in critical moments, which is why you should avoid trading on the CoinFalcon exchange or any other unregulated platform like FXFair.

Having withdrawal issues with CoinFalcon? We can help you recover your funds.

CoinFalcon Trading Instruments

CoinFalcon offers a diverse range of tradeable cryptocurrencies so here is a general overview of the tokens that you can trade on the company’s platform:

• BTC;
• ETH;
• LTC;
• XPR;
• USDT;
• ADA;
• TRX;
• BCH; etc.

CoinFalcon Fees

CoinFalcon charges trading fees for executing trades on its platform. The trading fees start from 0.25% and can vary based on factors such as the 30-day trading volume, the specific cryptocurrency being traded, and the chosen payment method.

CoinFalcon’s fee structure is designed to reward active traders with lower fees as they increase their trading volumes, which can be an incentive for traders who engage in high-volume trading.

Another thing we’d like to mention is that CoinFalcon has a pretty low 24h trading volume – 893 USD, which is insignificant compared to other renowned crypto exchanges. It seems that not a lot of people put their trust in CoinFalcon.

Referral Program

CoinFalcon offers a referral program that allows users to earn bonuses by referring new traders to the platform. According to the website, the commission from the CoinFalcon referral program will be set at 5 EUR for the trader and 5 EUR for his/her referral. 

The commission of the referral program will be adjusted after a certain time period. All referral commissions you receive will be instantly credited to the trader’s CoinFalcon account when he/she referred friends trade 200 EUR.

The referral program is a way for active traders to earn additional income by introducing new users to the CoinFalcon platform. However, it can also be a Ponzi scheme, a fraudulent type of pyramid structure designed to deceive unsuspecting users. We had a similar case in Ixxen so be careful. 

CoinFalcon Deposit & Withdrawal Process

When it comes to deposit and withdrawal methods, there are various options to choose from:

• Credit/debit cards (MasterCard, VISA);
• Wire transfers (SEPA);
• Cryptocurrencies.

Although CoinFalcon does not charge deposit fees for cryptocurrency deposits, there might be associated fees for credit/debit card transactions or other payment methods imposed by the respective payment providers.

You should know that funds deposited via MasterCard and Visa credit/debit cards can be refunded. This process is known as a chargeback and can be requested at the issuing bank within 540 days.

Customer Support

CoinFalcon provides customer support services to assist users with their inquiries and issues. Here’s an overview of the customer support options available on the platform:

• FAQ section;
• Live chat;
• Dedicated support team;
• Social Media (Twitter, Instagram, etc.).

While CoinFalcon offers various customer support options, response times and availability may vary. Some even take forever, judging by the complaints we read on the forums.

Key Facts To Consider About CoinFalcon

To sum up, CoinFalcon is a UK-Irish crypto platform that offers cryptocurrency trading services. This platform has been operational since 2017 and the main users are traders from the United States, United Kingdom, India, Germany, and Latvia.

This company is not regulated, which makes the exchange particularly risky. Moreover, the platform has received many negative reviews in the past few months. Do not trade on this exchange!

If you’re a victim of the CoinFalcon scam, please book your free consultation with our team and tell us more about your case. If you need professional assistance in recovering your funds, our team will gladly guide you through the chargeback process or trace your crypto transaction using CipherTrace.

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

FAQ Section

What is CoinFalcon?

CoinFalcon is a crypto exchange operating out of the United Kingdom and Ireland.

Is CoinFalcon Scam Or Legit?

CoinFalcon is a scam because the exchange is unregulated. Several traders claim that they have been scammed by CoinFalcon.

Where is CoinFalcon located?

CoinFalcon was founded in the UK in 2017. That entity was dissolved in 2022 but in the meantime, CoinFalcon opened an office in Ireland and now operates via that entity.

Who is the CEO of CoinFalcon?

According to the information from company registers, the CEO of CoinFalcon is Jordan Steeves.

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

According to Quotex broker, trading with this company gives you an innovative digital trading experience that will bring you money. However, more important is the question if you can withdraw this money. Also, there are a lot of security questions since the broker is not regulated.

Let’s start our Quotex review and see what we found.

Quotex Regulation and Security

Quotex is a binary options brand owned by Awesomo Limited from Seychelles. There is a simple rule – even offshore brokers need to have a regulation for providing financial services. However, after we checked the FSA register, we couldn’t find Quotex anywhere. If you wondered is Quotex regulated, the simple answer is no.

When the company has no regulation, it’s not safe nor secure to trade with such. Avoid this illicit brokerage by all means.

Fund Withdrawal Issues

As we already concluded, Quotex regulation doesn’t exist. Therefore, you can already guess how big issues clients had to withdraw their funds. If there is no regulatory body, there is no compensation fund. Tier one regulators such as the FCA or CySEC demand all the trading companies to form a compensation fund with a value of around $700,000. This fund is used to reimburse clients in case of a scam.

With unregulated offshore brokers, such an option doesn’t exist.

If you tried to withdraw your funds from a Quotex web trader, you know how hard it can be. At first, your financial adviser is talking you out of withdrawal, and if that doesn’t work, your account is being suspended.

Beware of the Quotex scam and avoid this unregulated brokerage.

Trader’s Opinion

After we’ve checked several websites looking for investors’ reviews about Quotex, we stayed speechless. First of all, we would like to point out that the broker is posting false reviews on some platforms. For example, if you check its score on Trustpilot, it’s ranked better than many other legit brokers. How is it possible? All the reviews are coming from India, and all of them are the same. Several people even stated that Quotex is “the best binary broker.”

If you check other platforms for reviews, you will see the same. Reviews coming from the broker’s employees are tremendous, while everyone could not withdraw funds.

How Online Scam Works?

So far, if you have been exposed to a Quotex broker or any other illicit entity from an offshore country, you already know the drill. Some company employees are giving you a call after you sign up for online trading and convincing you that you can make millions. After you make your initial deposit, an account manager (or financial adviser) is trying to access all of your bank accounts under the excuse of “helping you out.” As you probably had a chance to notice, most of these brokers are working by using apps such as AnyDesk to connect to your PC and search it through.

After a couple of successful trades, you are being persuaded to invest more. And after you do, and you want your funds back (it can be in a month or a year), you will be asked not to withdraw now. There’ll always be a new market opportunity waiting for you to double the money. Once you’ve had enough and stay firm that you’d like a payout, your account is being suspended, and you have no access to the alleged brokerage.

Beware of Quotex and similar untrustworthy companies, such as Top-Respect, Zenfinex and PatronFX.

Scammed by Quotex?

If you were scammed by Quotex, you need to file a dispute and request a chargeback. Since the broker is not regulated, you have no authority body to complain to. However, a chargeback is your refund solution!

But what is a chargeback? It’s a way of refunding your card in case you were scammed online. Do not hesitate to report the scam. Contact us via chat, and let’s get your hard-earned money back!

What is Quotex?

Quotex is an online trading brokerage based in Seychelles.

Is Quotex a scam?

Quotex has no regulation for providing financial services, which means it’s an illicit broker.

Is Quotex regulated?

Quotex is not a regulated broker and has headquarters in an offshore country.

Is Quotex available in the USA?

Yes, the broker welcomes traders from the USA even though it doesn’t have a US regulation.

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

While Global Solution is currently an inactive domain, we believe that the broker might be back under the new name. Most of them are back once everyone forgets the scheme they were running. However, we’re on the watch to remind you through our Global Solution review.

What About Global Solution Regulation?

Global Solution is a brand name of Ground Solutions Limited, a company from the Commonwealth of Dominica. The firm is not licensed with the FSU of Dominica, so we’ve checked other registers trying to find Global Solution regulation.

In addition, we strongly advise you not to invest in FinsRoyal, IndigoCapitals and RoyalFX24 fraudulent brokers.

What’s Wrong With A Trading License?

Long story short, Global Solution is not registered with any Tier1 body, including FCA, ASIC, and BaFin. It was operating illegally, and that’s why vanishing was so easy. Since nobody was supervising the firm and there was no compensation fund, once they had enough money in their pockets, the owners of this scheme just closed an offshore branch. However, most of these firms are back at some point, and they’re turning to their old clients, so be very careful not to be caught twice.

Global Solution Warnings From Financial Regulators

Since Global Solution mainly targeted clients from Dominica and the UK, the FCA issued an official warning. They have warned citizens that Global Solution is not regulated and clients are not entitled to the FSCS compensation fund.

Virtually Anonymous Website

Unlike others, Global Solution tried to provide us with some information. However, this broker’s address is the same address used by many fraudulent Forex trading firms, including RoyalCBank, OrbitGTM, Kadocapital, and more. So, virtually, we know nothing. The owner might be anywhere, while the call center could really be offshore, or it could be another Eastern European boiler room.

Fund Withdrawal Issues

One of the reasons Global Solution broker just disappeared is unfulfilled withdrawal requests. Many clients tried to get their money back at some point, but the broker was freezing their accounts and never responded. After many complaints and the FCA warning, they had no other option but to shut down the whole operation. 

This is the standard behavior of fraudulent brokers, but it doesn’t mean you should accept it. There’s always a way to get your money back, whether through a chargeback or a wire transfer recall.

Traders About Global Solution Scam

If you’re wondering what investors think of the company, we will show you just one of the examples. It looks like some of the company’s employees are still contacting clients, trying to extort more funds, so be very careful.

“Global Solution is total SCAM! Go AWAY, they stoled me 36 000U$. They closed my account without my agreement. Now they don’t even answer to my mail. They changed many time domain name (.io, .pro, .group…).” – Trustpilot Customer

Also remember the names of the AssetShot, FX Quote 247 and SelfKings trading scams and avoid them at all costs! Moreover, always check the background of online trading companies before investing!

Supported Trading Platforms – Available Trading Software

While Global Solution was advertising its platform as top-notch, it was far from what it was. The company was providing a basic WebTrader named – Webtrader. It shows how creative the firm was. Besides, there were very few charts and indicators, while social trading was not enabled. All in all, this platform was definitely not worth any money.

If you want to start investing, we recommend finding a regulated broker offering reputable software such as MT4 or MT5.

Online Trading Scam – Global Solution Scheme Mastery

Typically, Forex firms start scams after clicking on one of their ads and submitting your details. You will receive a call from the company’s representatives trying to persuade you to invest. Since Global Solution had no minimum deposit requirements, it must have sounded like an excellent opportunity to get wealthy from a small investment. Once you go into this scheme hole, getting out is difficult. You will hear all kinds of stories about how making thousands of dollars is right around the corner, but you need to upgrade your account. Each time, you’ll be offered an upgrade just a bit more for the next investment, but you’ll never be granted a withdrawal. Before you know it, your life savings will be with a scheme broker, and this is when you’ll face a frozen account. Or even worse, the company will disappear, leaving you to struggle.

Global Solution  Range of Trading Instruments & Markets

Global Solution was offering access to a standard range of trading instruments, including:

• Currency pairs
• Commodities
• Indices
• Shares
• Cryptocurrencies

The leverage was predetermined and set to 1:100, while the spread for EUR/USD pair started at 3 pips.

Scammed by Global Solution? – Tell Us Your Story

If you were scammed by Global Solution or a similar bogus broker, contact us right away. Our chargeback specialists are experienced enough to help, whatever the case is.

But What Is A Chargeback?

This is a way for your bank to get your funds back from the merchant if you can prove that you have been scammed. Contact us via online chat to book a free consultation, and let’s file a dispute now!

What Is Global Solution?

Global Solution is an inactive online trading broker with no license. Since the company defrauded many, we’re here to assist with refunds.

Is Global Solution A Scam Broker?

Global Solution was blacklisted in the UK for conducting the scheme. If you fall victim, contact us to review your refund options.

Is Global Solution Regulated?

Global Solution was an unregulated offshore broker operating without any authorization.

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

If you are interested in trading with cryptocurrencies and have come across Tradercr, please read this Tradercr review before depositing money with this shady brokerage firm.

In a nutshell, the Tradercr broker is a crypto-asset broker rendering service without license and regulations, which is per se illegal and risky.

On top of this, this entity is not transparent about its basic company information, such as an address, registration country, and contact details. In such a manner, this method resembles online trading scams.

Besides that, Tradercr has a weak trading platform and an unfavorable trading environment; it deceives people by claiming to be an award-winning broker. All in all, numerous reasons are pointing out that this company should be avoided by all means.

What is more, we strongly advise you not to invest in Crystal Trust, Cambrill, and Syos Space fraudulent brokers.

Tradercr Is Not a Licensed Scam Company?

As introduced, Tradercr is an unregulated and unlicensed brokerage firm. Since it is anonymous, it is intricate to know its jurisdiction. Anyhow, checking the registers of major financial market regulators yields no results about this phony broker.

Investing with such a company bears considerable financial risks due to no money withdrawal guarantees and funds protection. In addition, unauthorized brokers can be involved in fraudulent trading activities because no one supervises them.

Why Is Trading With a Licensed Broker Preferable?

Instead of taking chances with Tradercr, your first choice should always be legitimate brokers. By doing this, you can enjoy many advantages.

First and foremost, accredited brokerage companies are reliable, particularly those licensed by the British FCA, Australian ASIC, and German BaFin.

The safety of your funds is ensured with strict legislation and numerous risk management measures. For instance, negative balance protection keeps you safe from losing more than you invest, while segregation of funds prevents you from being impacted by a broker’s insolvency.

Even in an adverse event (e.g., bankruptcy), you are covered by indemnification programs. For example, BaFin compensates for up to 100,000 EUR per trader.

Tradercr Available Online Trading Platform & Tools

When it comes to trading software, Tradercr promises something it can’t secure. Its vouch for a modern trading platform, plenty of innovative tools, and profitable trading on different devices is in vain.

In point of fact, traders can choose from a web trader that comes with poor and generic facets, which can’t ensure success.

In contrast, genuine brokers provide advanced trading programs such as MetaTrader 4, MetaTrader 5, cTrader, and Sirix.

Trading on these systems, you can enjoy the benefits of countless features, including stop loss, automated trading, social trading, fast execution, and unlimited pending orders.

Tradercr – Countries Of Service

Speaking of countries of service, as said, Tradercr is not authorized to deliver online financial trading services anywhere. This illicit broker is focused on scamming traders from

• Canada
• Netherlands

If you are based in any of these markets, you should trade with brokers licensed under a relevant territorial financial authority in Canada and the Dutch AFM. Therefore don’t invest with a broker unless you are 100% sure it is legit.

Which Assets Can The Investor Trade?

As a crypto asset broker, Tradercr provides access to the cryptocurrency market only. For instance, you can trade on:

• Crypto: Bitcoin, Ripple, Litecoin, Ethereum, and Tether.

Nevertheless, regardless of these tradable assets, if you want to trade cryptocurrencies, you should opt for legitimate crypto providers.

With Tradercr, you have an ineffective platform and inauspicious terms of exchange; hence, its tradable instruments are worthless. So, skip over the Tradercr offering.

Tradercr Awards – Company Achievements

Keep in mind that fraudsters attempt to instill people’s trust by pretending to be a credible company. Similarly, Tradercr professes to hold multiple accolades, involving the following ones.

• Best trading experience
• Most innovative broker 
• Best customer service.

These awards are issued by the World Finance Awards, an unknown entity. Thus, the awarding body is as valid as this fake broker. This just proves how dishonest this company is.

What Do We Know About Tradercr Account Types?

With reference to trading accounts available at Tradercr, here is an outline.

• Basic: 250 USD starting deposit
• Gold: 25,000 USD starting deposit
• Platinum: 100,000 USD starting deposit
• VIP: 500,000 USD starting deposit.

As expected, there is no demo account, which is rarely provided by scam brokers. While on the subject, this option allows trading for free and without risks.

Not only that, you can test trading platforms, styles, and conditions. Having said that, this can expose the fraudulent intentions of this broker, wherefore, it refrains from offering a free practice account.       

Details About Leverage, Spreads, and Fees

Regarding trading conditions such as leverage and spreads, there is no information about this on the Tradercr website. Without a doubt, this unscrupulous broker manipulates its terms of exchange to entice you.

For instance, its leverage certainly goes against regulations; that is to say, it is probably higher than 1:30 (in the EU) or 1:50 (in the US). Some jurisdictions restrict the ratio for retail traders to protect them from risk arising from high leverage. Likewise, spreads are fabricated to appear cost-effective, i.e., ultra-low.

In any case, as a proven liar, Tradercr can’t guarantee anything beneficial.

Minimum Deposit and Withdrawal Terms

Concerning deposits and withdrawals, there is obscure information about the process. Financial swindlers insist on anonymous and irreversible crypto wallets as the only funding method. They don’t support secure credit/debit cards and wire transfers.

As for the minimum required deposit, Tradercr sets it at 250 USD. This is higher than the industry average and unnecessary risk because it is possible to start trading with legit brokers for as low as 10 USD.

Additionally, an unlicensed broker can’t guarantee safe withdrawals.

Trading Bonuses and The Terms of Their Receipt

In the matter of Tradercr trading bonuses, it is just another malicious tactic. Bear in mind that promotions are prohibited by many financial authorities because of their misuse.

Namely, bogus brokers allegedly offer lucrative rewards to rope you into investing. As soon as you make deposits, you realize that bonuses come with unreasonable preconditions preventing you from withdrawing and redeeming them.

Scammed by Tradercr Broker? – Let Us Hear Your Story

Above all, don’t trust fake Tradercr reviews on the web. They are made up to look compelling, build trust, and attract traders. Anyway, if you have fallen for this broker’s fraudulent offer, don’t be ashamed.

Anyone can get scammed. It is essential to act immediately. This includes notifying relevant authorities and sharing your negative experience to alert others.

But What Is A Chargeback?

Fortunately, getting money back is possible. A chargeback process depends on the means of payment. Logically, safe payment methods like credit cards and bank transfers offer refunds.

For instance, VISA and Mastercard allow cashback within 540 days, while banks enable cancelation until a transaction is confirmed.

On the other hand, crypto payments are challenging for chargeback; that is why scam brokers prefer using them. Anyhow, our chargeback experts can assist you with reversing crypto wallets. Thus, get in touch with our company today.

FAQs About Tradercr

What Is Tradercr?

Tradercr is a crypto provider that provides services without mandatory trading credentials and authorization.

Is Tradercr a Scam Broker?

Yes, Tradercr is most likely a broker scam since it has all characteristics of the one.

Is Tradercr Available in the United States or the UK?

No, Tradercr is not available in the US but is in the UK. Anyhow, Tradercr is not authorized to operate anywhere.

Does Tradercr Offer a Demo Account?

No, Tradercr doesn’t offer a demo account since it can expose its poor services.

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

Have you been contacted by this suspicious provider? Well, we’ve got a piece of advice for you. Stay away at all costs. You’re dealing with a fraudulent offshore provider that cried wolf one too many times. Since we dealt with this kind in the past, it is our duty to present to you the Merricks Invest Review. Here, we’ve outlined the danger and risks associated with this scammer.

Also, we recommend you not to invest in the fraudulent brokers PrevailFX, Nexta Capital FX and Golden Bridge Capital.

Is Merricks Invest a Licensed Broker?

It seems that this scamming mut has been off its leash. We managed to find its owner – Smart Oasis LLC, based in St. Vincent and the Grenadines. Upon checking the website of SVG’s local financial market regulator, i. e. the Financial Services Authority (FSA), we saw that such an entity does exist and is registered there.

However, there’s a catch. The FSA warns every website user that it does not regulate Forex trading. Therefore, being registered there is irrelevant in this case. Know that SVG is scammers’ favorite island because they feel free as birds over there. Also, it gives them the space and possibilities they need to implement their malevolent schemes.

Aside from being unlicensed, Merricks Invest was also blacklisted by the Romanian ASF and the Financial Commission. 

Why Is Trading With a Licensed Broker Preferable?

For true transparency and security, there’s no better choice than brokers that have legitimate licenses. By that, we imply that they are regulated by top-tier authorities such as the FCA, ASIC, CySEC, etc. We checked the websites of those regulators for you and found nothing on this financial swindler. 

So, is Merricks Invest a Good Broker or a Scam?

Merricks Invest is an unregulated offshore provider based in SVG that targets people from the UK, the Netherlands, Moldova and Romania.

Fraud Warnings Against Merricks Invest

We managed to find two warnings issued against this unscrupulous broker. Merricks Invest was blacklisted by the Romanian Financial Supervisory Authority (ASF) and by the Financial Commission. The latter is actually an independent self-regulatory organization so having it blacklist you is quite an accomplishment.

Merricks Invest Available Online Trading Platform & Tools

On the marketing side, we’ve got to give Merricks Invest an A for effort. That was a truly outstanding presentation of such a plain platform.

Yet, when it came to delivery and execution, the unauthorized provider did not live up to the expectations. Transparency, security and execution power are simply unattainable on a web-based platform. It’s oftentimes cheap-looking and devoid of advanced features and tools.

However, what it is good for is manipulation. The scammer can trick you into thinking you’re actually trading and making money but all you’re doing is throwing away your cash.

What Do Traders Think Of Merricks Invest?

We searched the web for unfortunate victims who gave their honest opinion on Merricks Invest. Our fears came true, we were right about this vile scheme. So was the ASF because some of these traders are Romanian. Below, we provided a few cases that confirm fraud.

I deposited $250, I realized that something was wrong and when I wanted to withdraw, they refused. Don’t be fooled. It’s a scam!

I deposited 200 usd and when I tried to withdraw the money, it wouldn’t let me. The withdrawal is pending and they have disappeared.

Don’t be fooled, it’s a scam

Merricks Invest – Countries Of Service

As mentioned, Merricks Invest targets mainly residents of Romania and neighboring Moldova. Fortunately, the Romanian FX regulator was swift to react to this threat. But the fraudulent scammer does not stop there. Citizens of the Netherlands and the UK should also be on their guard. 

Which Assets Can The Investor Trade?

According to Merricks Invest’s website, clients can trade the following:

• Forex currency pairs – EUR/USD, USD/CHF, EUR/JPY…
• Indices – S&P500, US100, Dow30…
• Stocks – Microsoft, Apple, British Petroleum…
• Commodities – gold, silver, copper…
• Crypto – Bitcoin, Ethereum, Tether…

As for these lists, the scammer copied them from TradingView and put them on its website. We’re not surprised, that’s what the majority of them do. Nobody guarantees that clients will indeed get to trade all these instruments.

What Do We Know About Merricks Invest Account Types?

We don’t recommend you sign up with this broker. Nevertheless, for the sake of this review, we will list the available account types:

• Bronze – $250, 5-10% welcoming bonus, no commission, leverage up to 1:200;
• Silver – $25,000, 5-15% referral bonus, no commission, leverage up to 1:600;
• Gold – $2,500, 5-15% referral bonus, no commission, leverage up to 1:300;

Yes, you’ve read that right. The Silver account has better features than the Gold account for whatever reason. Each account allegedly provides negative balance protection, 24/5 support and a manager. As soon as you see the term “bonuses,” know that you’re dealing with a scammer because bonuses are not allowed.

Additionally, we strongly advise you to avoid the fraudulent brokers Cloxyields, Pibexa, and Martyn Services.

Details About Leverage, Spreads and Commissions

Merricks Invest claims that the spread starts out at 0.0 pips, which is really hard to believe. That’s like earning money while doing nothing. For leverage, we mentioned that it goes all the way up to a staggering level of 1:600.

This is a double-edged sword since you can earn big but lose even more. In most cases, novices lose more than they make and that’s why regulators limited leverage to 1:30 for retail clients. Also, the broker claims that it does not charge commissions.

Deposit and Withdrawal Policy

The minimum deposit is $250. You can invest with legitimate brokers that follow certain regulatory rules for the same amount.

Payment methods include credit/debit cards and wire transfers. As for the fees, they are truly outrageous. They range from $25 for card transactions to $50 for wire transfers plus an additional $10 processing fee.

And of course, we have the famous, recycled, “Non-deposited Funds” section that scammers slide in there to prevent clients from withdrawing due to bonuses, i. e. not fulfilling some unrealistic conditions for withdrawals.

Scammed by Merricks Invest Broker? – Let Us Hear Your Story

It’s very unfortunate if you’ve been scammed by this fraudster. Don’t be ashamed, it could’ve happened to anyone. We can make you feel better by reporting the scammer but also by telling you about two ways to get your money back. Ever heard of a chargeback or a recall?

But What Is A Chargeback And A Recall?

If you wish to reverse credit/debit card transactions, you’ll have to request a chargeback. Your issuing bank can perform it for you within 540 days. For wire transfers, the same process is known as a recall. However, it can only work if the transaction hasn’t been completed.

What Is Merricks Invest?

Merricks Invest is a dangerous offshore provider based in SVG.

Is Merricks Invest a Scam Broker?

Merricks Invest is a scam broker because it is shady and unregulated.

Is Merricks Invest Available in the United States or the UK?

Merricks Invest is available in the United Kingdom but not in the United States.

Does Merricks Invest Offer a Demo Account?

Merricks Invest does not offer a demo account, only a live account.

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

As the name suggests, investing with this broker should be a dream. However, there are certain red flags we cannot ignore and specific problems making investing with Investing Dream a nightmare. Read our review and learn it all.

What About Investing Dream Regulation?

Investing Dream is a brand of Mikato Trade LLC from Saint Vincent and the Grenadines. And that’s a red flag right there. SVG has no regulator supervising Forex or binary options firms. The FSA declared itself not in charge and issued a notice that all brokers should seek a license in the country of service.

Of course, that’s a reason for many, including Investing Dream, to establish their offices on this Caribbean island. No financial control.

On top of that, we want to invite you to read our recently updated reviews of the scam brokers Empire FXM , VitaCapitals and GulfBulls. Be careful with these brokers.

Why Must a Broker Have a License?

Brokers, banks, insurance companies, and all financial service providers must have a license and someone to supervise their activities. It’s the only way to know you won’t be scammed and a company won’t disappear with your money. Furthermore, Tier1 regulators obligate Forex companies to form significant compensation funds to reimburse potential victims.

Investing Dream has no offshore or Tier1 license, meaning it’s just another scam.

Investing Dream Warnings From Financial Regulators

A bit over a month ago, Spanish regulator CNMV issued an official warning against Investing Dream and Mikato Trade LLC. This warning was later republished by the Belgian FSMA, Norwegian Finanstilsynet, and Portuguese CMVM.

Blacklisted As A Scam By CNMV

The Spanish regulatory body stated that Investing Dream is not authorized to provide investment services, including investment advice, or provide ancillary services related to financial instruments, including foreign currency transactions.

All in all, Investing Dream is an unregulated fraud.

Traders Reviews About Investing Dream Scam

Investors’ reviews are focused on withdrawals. It seems that Investing Dream is a dream while you need to deposit, but once you request a payout, you won’t have such a dreamy time. In fact, your trading account will be frozen, and the company won’t bother answering your calls.

Supported Trading Platforms – Available Trading Software

Investing Dream describes its platform as “a world-leading trading platform designed to provide you with the best trading experience.” However, it’s just a plain WebTrader. These platforms have no EAs, rarely support social trading, and the broker usually provides unregulated trading conditions. For instance, Investing Dream enables leverage up to 1:500 for the Forex market, while most regulators limit it to 1:30 or 1:50.

We highly recommend you find a legitimate firm with MT4 or MT5 software if you want to invest.

Everything About Investing Dream Trading Accounts

Investing Dream offers a Demo account and 5 Real account types. They are:

1. Classic
2. Silver
3. Gold
4. Platinum
5. Premium

While we see the difference in leverage for each asset, a personal account manager available only for Gold and higher accounts, and bonuses from 10% to 100%, we don’t see a broker’s minimum deposit.

Investing Dream Range of Trading Instruments & Markets

Here’s the overview of the trading instruments and markets. The firm lets you invest in:

• Currency pairs
• Commodities
• Indices
• Shares
• Cryptocurrencies
• Futures

At the same time, avoid scammers such as 7Online,  FXLiveCapital and Bullquote. If possible, tell us about your scam experience.

Unclear Trading Conditions and Unable To Register An Account

Investing Dream didn’t list a minimum deposit, making it a discretionary right of its employees to request any amount. Furthermore, spread and transaction fees are not listed, meaning you have no idea what kind of money you’ll pay for trading fees and commissions. And, of course, there’s a Bonus Policy to spice it all up. Let’s say you accept the bonus; you have to have a trading volume of the bonus amount divided by 4 in lots to withdraw your funds. So suppose you got a $1,000 bonus; you have to repay 250 lots, equal to $25 million.

Investing Dream Deposit, Withdrawal Methods, and Bonuses

The company accepts the following payment methods:

• Debit/credit cards
• Wire transfer
• Local 3rd party payment solutions

Yet, these solutions are not listed, so we can only guess. Besides, withdrawals to your card are processed as a “refund,” while the rest of the money should be sent via wire transfer. Scam brokers usually use this tactic to give you a small amount back, gain your confidence, and never transfer the actual profit or any significant amount. Don’t fall for this scheme.

Bonuses go from 10 to 100%, and, as you saw, trading requirements to repay the bonus are ridiculous.

Are You Already Involved With A Bad Broker? – Share Your Story With Us

If you have already been involved with Investing Dream or a similar bogus broker, let us know. Our chargeback specialists will be happy to assist you in filing a dispute.

But What Is A Chargeback?

This is a way for your bank to reverse the funds. Book your FREE consultation today, and let’s start acting before this firm disappears as many similar ones did. Don’t be a victim; win the system and recover your funds!

What Is Investing Dream?

Investing Dream is an online trading firm based in Saint Vincent and the Grenadines, with no license.

Is Investing Dream A Scam Broker?

Investing Dream is a scheme firm blacklisted in Spain, Norway, Portugal, and Belgium.

Is Investing Dream Available in the United States or the UK?

The broker provides its services in the UK but not in the US.

Does Investing Dream Offer a Demo Account?

You have a Demo account with Investing Dream, but virtual money is risk-free, unlike real 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