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E Investments LLC Review 2024: Is it a Scam or Legit?

The world of online trading and investment is dynamic, and one major problem is the rise of shady companies posing as reliable brokers. A thorough investigation is necessary on the suspected fraudulent acts that have brought E Investments LLC to light recently. We aim to provide a fair evaluation with verified facts and data from reliable and trustworthy sources through our thorough E Investments LLC review.

The website https://einvestmentsllc.com/ is associated with E Investments LLC, a firm explicitly warned against by the Financial Conduct Authority (FCA) in the United Kingdom. The FCA cautions that this entity may be providing or promoting financial services without their permission, emphasizing the potential for scams. The advisory also highlights the deceptive tactics employed by some firms, such as providing incorrect contact details or using information from other businesses or individuals to create an illusion of authenticity.

Prospective investors are strongly advised to heed the FCA’s warning, exercise extreme caution, and avoid dealing with E Investments LLC to mitigate the risks associated with potential fraudulent activities.

E Investments LLC Website – https://einvestmentsllc.com/

Website Availability – Yes

Address shown – First Floor, CPC4 Capital Park, Cambridge, UK, CB21 5XE

Warned By – Financial Conduct Authority (United Kingdom)

Domain Age of E Investments LLC

Domain Name: EINVESTMENTSLLC.COMRegistry Domain ID: 2848448381_DOMAIN_COM-VRSNRegistrar WHOIS Server: whois.ownregistrar.comRegistrar URL: http://www.ownregistrar.comUpdated Date: 2024-01-22T13:09:54ZCreation Date: 2024-01-22T11:56:15ZRegistry Expiry Date: 2025-01-22T11:56:15Z

Important elements that show if E Investments LLC is a fraud or not

Unregulated Status

One of the primary warning signs that investors should be wary of, as noted in the E Investments LLC Review, is the absence of regulation and license. Legitimate brokers need licenses from respectable financial regulatory organizations to guarantee compliance with legal requirements and industry standards.

Withdrawal problems and poor customer service

Withdrawal requests may occasionally be delayed or denied by scam brokers in an effort to keep their victims’ money and prevent them from leaving the platform. When payments are delayed or go missing, customers become annoyed and start to doubt the company’s honesty.

Negative E Investments LLC Reviews and unfavorable scam reports

A scam broker may be identified by the number of negative reviews and scam reports from customers and business associates, as highlighted by E Investments LLC Review. For prospective investors, the amount of unfavorable reviews and stories of fraud using E Investments LLC raises suspicions. The company’s legitimacy is called into question by several claims of financial losses, unethical behavior, and fraudulent practices. Prospective clients should investigate brokerage firms and go through other people’s experiences with E Investments LLC before trusting their investments to any of them.

Investors should take negative reviews and fraud complaints linked to E Investments LLC seriously, as these occurrences could point to possible dangers and problems that might harm their financial interests. It’s essential to continue being informed and watchful to safeguard your financial interests.

Heightened Risks for Investors

Dealing with unregulated and unlicensed brokers significantly increases the risk of encountering fraudulent practices. The lack of clear regulatory oversight and licensing raises concerns about the broker’s credibility and the safety of clients’ assets. It is imperative to approach such brokers with caution, conducting thorough due diligence to protect your financial interests.

How to Guard Your Investments Against Fraud

Although trading in financial markets such as cryptocurrency, binary options, and forex may be profitable, hazards such as the possibility of coming across dishonest brokers are involved. A proactive and vigilant strategy is necessary to safeguard your investments against fraudulent businesses and frauds such as E Investments LLC. When interacting with questionable brokers, take into account the following precautions:

• Before engaging a broker, do extensive research on the broker’s legitimacy. Investigate licenses, regulatory status, and track record.
• Check online E Investments LLC reviews, forums, and social media platforms for feedback and experiences shared by other traders. This can provide valuable insights into the broker’s reputation and reliability. You can also check our list of scam brokers 2024.
• Only choose brokers that are properly regulated and licensed by recognized financial authorities.
• Ensure the broker has a physical address and contact details that can be verified.
• Read through their terms and conditions, privacy policy, and risk disclosures to understand their policies and procedures.
• Evaluate the broker’s customer support services before opening an account. Prompt and efficient customer support is essential for addressing queries, concerns, and issues.
• Be wary of brokers that make extravagant promises, such as guaranteed profits or high returns with minimal risk.
• Remember that trading involves inherent risks, and no broker can guarantee consistent profits.
• Review the broker’s withdrawal policies and procedures. Ensure they provide clear and straightforward processes for withdrawing funds.
• Don’t rush into decisions. Take the time to evaluate all aspects of a broker’s legitimacy and make an informed choice.

Traders can lessen their risk of falling victim to E Investments LLC or other scams and preserve their financial assets by following the above-mentioned suggestions and keeping cautious. Keep in mind that extensive research and due investigation, such as reading an E Investments LLC review, are critical to ensure a safe and dependable trading experience.

Victimized by the E Investments LLC scam? Get your lost money back!

Get a Free Consultation

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

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

E Investments LLC Review: E Investments LLC Scam Conclusion

As the E Investments LLC Review indicates, there are solid indications that E Investments LLC may be a scam, and these worries are tough to dismiss given the characteristics and facts that are often associated with fraudulent organizations. Traders and investors should exercise great caution when selecting a broker, choosing a reputable, licensed, and regulated organization. Ensuring the legitimacy of a broker, seeking objective assessments, and conducting thorough research are all essential measures in preventing fraud and monetary losses.

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

Read about Chargebacks

To read more about Scam Brokers and their Reviews, Visit Scam Brokers 2024 Page to avoid Cryptocurrency trading scams, Forex trading scams, or other online scams.

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

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Nordic CT Review 2024: Is it a Scam or Legit?

The world of online trading and investment is dynamic, and one major problem is the rise of shady companies posing as reliable brokers. A thorough investigation is necessary on the suspected fraudulent acts that have brought Nordic CT to light recently. We aim to provide a fair evaluation with verified facts and data from reliable and trustworthy sources through our thorough Nordic CT review.

Nordic CT, a relatively recent platform, raises serious concerns as it operates without any regulation, and lacks legal documentation on its website. The absence of regulatory compliance, especially with the Financial Conduct Authority (FCA), is a major red flag, rendering the platform potentially unsafe for users. Targeting users from the US, Netherlands, Sweden, Spain, and Lithuania, Nordic CT fails to meet regulatory standards, emphasizing the inherent dangers associated with its unregulated status.

Compounding the apprehension is the absence of a demo account, a crucial tool for beginners to practice trading with virtual funds before engaging in real trading. Despite a seemingly positive presence on trustpilot.com, with predominantly Swedish reviews, the authenticity of these reviews raises suspicions. In light of the lack of regulation, absence of a demo account, and questionable reviews, exercising extreme caution is advised, and potential users are urged to explore more transparent and regulated trading alternatives.

Nordic CT Website – http://www.nordic-ct.com/

Website Availability – No

Address shown – 1 Centenary Square Birmingham B1 1HQ Great Britain

Warned By – Finansinspektionen (Sweden)

Domain Age of Nordic CT

Domain Name: NORDIC-CT.COMRegistry Domain ID: 2812404932_DOMAIN_COM-VRSNRegistrar WHOIS Server: whois.registrar.euRegistrar URL: http://www.openprovider.comUpdated Date: 2023-09-08T21:15:28ZCreation Date: 2023-09-08T21:15:20ZRegistry Expiry Date: 2024-09-08T21:15:20Z

Important elements that show if Nordic CT is a fraud or not

Unregulated Status

One of the primary warning signs that investors should be wary of, as noted in the Nordic CT Review, is the absence of regulation and license. Legitimate brokers need licenses from respectable financial regulatory organizations to guarantee compliance with legal requirements and industry standards.

Withdrawal problems and poor customer service

Withdrawal requests may occasionally be delayed or denied by scam brokers in an effort to keep their victims’ money and prevent them from leaving the platform. When payments are delayed or go missing, customers become annoyed and start to doubt the company’s honesty.

Negative Nordic CT Reviews and unfavorable scam reports

A scam broker may be identified by the number of negative reviews and scam reports from customers and business associates, as highlighted by Nordic CT Review. For prospective investors, the amount of unfavorable reviews and stories of fraud using Nordic CT raises suspicions. The company’s legitimacy is called into question by several claims of financial losses, unethical behavior, and fraudulent practices. Prospective clients should investigate brokerage firms and go through other people’s experiences with Nordic CT before trusting their investments to any of them.

Investors should take negative reviews and fraud complaints linked to Nordic CT seriously, as these occurrences could point to possible dangers and problems that might harm their financial interests. It’s essential to continue being informed and watchful to safeguard your financial interests.

Heightened Risks for Investors

Dealing with unregulated and unlicensed brokers significantly increases the risk of encountering fraudulent practices. The lack of clear regulatory oversight and licensing raises concerns about the broker’s credibility and the safety of clients’ assets. It is imperative to approach such brokers with caution, conducting thorough due diligence to protect your financial interests.

How to Guard Your Investments Against Fraud

Although trading in financial markets such as cryptocurrency, binary options, and forex may be profitable, hazards such as the possibility of coming across dishonest brokers are involved. A proactive and vigilant strategy is necessary to safeguard your investments against fraudulent businesses and frauds such as Nordic CT. When interacting with questionable brokers, take into account the following precautions:

• Before engaging a broker, do extensive research on the broker’s legitimacy. Investigate licenses, regulatory status, and track record.
• Check online Nordic CT reviews, forums, and social media platforms for feedback and experiences shared by other traders. This can provide valuable insights into the broker’s reputation and reliability. You can also check our list of scam brokers 2024.
• Only choose brokers that are properly regulated and licensed by recognized financial authorities.
• Ensure the broker has a physical address and contact details that can be verified.
• Read through their terms and conditions, privacy policy, and risk disclosures to understand their policies and procedures.
• Evaluate the broker’s customer support services before opening an account. Prompt and efficient customer support is essential for addressing queries, concerns, and issues.
• Be wary of brokers that make extravagant promises, such as guaranteed profits or high returns with minimal risk.
• Remember that trading involves inherent risks, and no broker can guarantee consistent profits.
• Review the broker’s withdrawal policies and procedures. Ensure they provide clear and straightforward processes for withdrawing funds.
• Don’t rush into decisions. Take the time to evaluate all aspects of a broker’s legitimacy and make an informed choice.

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

Victimized by the Nordic CT scam? Get your lost money back!

Get a Free Consultation

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

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

Nordic CT Review: Nordic CT Scam Conclusion

As the Nordic CT Review indicates, there are solid indications that Nordic CT may be a scam, and these worries are tough to dismiss given the characteristics and facts that are often associated with fraudulent organizations. Traders and investors should exercise great caution when selecting a broker, choosing a reputable, licensed, and regulated organization. Ensuring the legitimacy of a broker, seeking objective assessments, and conducting thorough research are all essential measures in preventing fraud and monetary losses.

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

Read about Chargebacks

To read more about Scam Brokers and their Reviews, Visit Scam Brokers 2024 Page to avoid Cryptocurrency trading scams, Forex trading scams, or other online scams.

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

Give this broker a rating

Click on a star to rate it!

Submit Rating

Average rating 0 / 5. Ratings 0

No rating so far! Be the first to rate this broker

Erema Invest is one of those typical scam brokers that is fully incognito and virtually anonymous. Very rigorous in their demands in terms of client data and deposit amounts, the fraudsters have the audacity to put forth such demands without properly introducing themselves first.�

Not only does this company not let you know who runs it and where they are located, but you don’t have a single clue if they’re legitimate at all. You can immediately suspect what the whole deal is about when you face such shadiness and lack of transparency.�

The broker in question is dangerously convincing, but a swindler nonetheless. So, we highly recommend you to read our Erema Invest review before you make an action that could cost you more than you’re ever ready to pay.

Erema Invest Regulation: Is It Legit or Scam?

The most valuable aspect of every brokerage conduct is their regulation. It is also the most important proof of a broker’s legitimacy and trustworthiness. Erema Invest avoids any talk about their broker’s license as if it’s the most unimportant thing in the world. What this sham wants you to believe is their extraordinary dedication to clients, amiable trading conditions and magical trading platforms and tools that are as fake as the ones selling them to you.�

While trying to find out anything that could lead us to more information about this broker’s ownership and origin, we searched through the databases of leading Tier 1 regulators. NFA, AFM, CONSOB and FCA seem entirely unfamiliar with Erema Invest. However, we did find something concerning about this website, and that is the following warning issued against them:

• ASF (Romania): https://asfromania.ro/en/a/19/alerte-investitori—informari

As the public announcement suggests, Erema Invest isn’t licensed or authorized by ASF to offer their financial services to Romanian traders. Considering that the publication was posted just a few days ago, it’s just a matter of time before other EEA regulators detect the scam-prone behavior of Erema Invest and start blacklisting them.�

Similarly to other blacklisted Forex scams like LinityBase, Erema Invest doesn’t respect the security measures that are mandatory in EEA. The most important ones include segregated bank accounts, leverage restrictions to 1:30 maximum and negative balance protection to ensure the clients can’t lose more than they’ve invested. Furthermore, access to the compensation funds allow the clients reimbursement after a dispute and ESMA has MiFID rules to increase transparency.�

You can already guess, by comparing the conditions and behavior of Erema Invest, how much this scam company follows the security measures and protocols. Their only goal isn’t customer satisfaction, but finding an easy way to steal deposits and get away with it unpunished. So beware. Investing here is a mistake you don’t want to make!

Where Is Erema Invest Trading Scam Active?

It is evident from the public warning issued against them that Erema Invest is primarily focused on Romanian investors. It’s crucial to mention that scam knows no boundaries. The biggest number of victims in the past for months, how long this sham operates, has appeared in these states:

• Romania
• Italy
• Moldova

This is most probably the major reason why the Romanian authorities had to warn the traders by issuing an alert against Erema Invest.� Be wary, though. Financial criminals know no boundaries, and will focus on scamming anyone who seems like a suitable victim. By that we primarily mean the novice traders and investors who are trying their luck on the Forex market for the first time. Especially vulnerable for their lack of information and experience, they represent the most preferred targets by scam agents.�

Calling relentlessly and offering what is described as a deal of a century, is how victims are usually pestered until they invest. Thieves concentrating on the first investment will disappear as soon as you make a deposit. Others could be extorting money from you for months, on the account of fees, good deals and emotional manipulation. If you’re suspecting to be a victim of such a scheme, please contact us as soon as you’re able to.��

Erema Invest Leverage and Spreads

Deceptively, Erema Invest offers a starting leverage from 1:30 for the basic account, with spreads starting at 3 pips. Account price for such conditions is $300. This can easily lead beginners to believe the trading environment resembles the ones that regulated brokers provide. However, spreads from 3 pips insinuate the trading costs to be astronomical in comparison to most reputable brokers.�

Also, other accounts are pricier and the leverage increases proportionally, until it hits 1:200, how much is allowed for the Pro account. Ain’t anything within the regulatory rules there. With the spreads as low as 0.3 pips, Erema Invest easily motivates the victims to invest more.�

Bonuses

While Erema Invest supposedly offers bonuses, we have to remind you that such features are strictly against the regulatory standards in EEA and UK. Bonuses in these areas are banned because of how dangerous and misleading they are in general. Plus, it allows the swindlers to additionally ask for more money and payments from the victims.�

Erema Invest does claim to offer bonuses, but doesn’t specify in which situations and in what amount. However, there’s a Deposit and Withdrawal Policy, that says that all the bonuses and other motivations from the company are treated as “Non-deposited funds”. As such, these amounts are not available for withdrawal, along with any profit made with their help.

What makes the entire deal with the bonuses even worse is that Erema Invest will find an excuse not to allow you any withdrawals. Since these amounts together make for the total account balance, Erema Invest will simply not let you withdraw anything. The excuse for such ruthless behavior is that it’s all just non-deposited funds or that you haven’t reached the required trading volume. Erema Invest doesn’t announce anywhere what’s the exact requirement!

Erema Invest Trading Features�

As attractive as these elements may seem at first, it is only because they are well advertised by an eloquent and convincing scam agent. Erema Invest scam basically works on selling fictitious services in exchange for your hard-earned money. While dragging people into their dastardly scheme, the Erema Invest website propagates ultimate security, cheapest packages with access to all the world’s markets. Since we explore all of these problematic areas in our Erema Invest review, you can see our take on each of them in the next sections.�

Erema Invest Trader – Trading Platform Overview

The website that should thoroughly inform you about what you can expect from their trading software doesn’t basically reveal anything. Only several things are mentioned, and they are so generalized, you can’t get a clear picture on what to expect.�

After a quick registration, we did manage to get access to the trading platform. Erema Invest may be right about it not needing an installation, which makes it easily accessible. However, the broker doesn’t elaborate on the concrete tools and features available. But that’s simply because this bogus web trader is so overly simplified and utterly fake that you can’t describe it as anything else but useless.�

The rudimentary customization options don’t make up for the lack of all the advanced analytic tools that premium software like MT4, MT5 and cTrader include in everyday use and in every form of their distribution, be it for mobile or desktop.�

But even if the broker offered trading on any of these platforms, it means none of it is truthful or legitimate without a license. As an example, we’d like to mention Erzinex, which also has MT4 in offer but still doesn’t have a proper regulation and is blacklisted.�

Available Trading Assets

The Erema Invest platform supposedly enables you to access a wide range of instrument classes and trade under circumstances we wouldn’t quite describe as profitable. Nonetheless, these are the financial instrument groups advertised as available:

• Forex (EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD)
• Stocks (APPLE, TESLA, META, NETFLIX, AMAZON)
• Indices (S&P 500, US 100, DOW 30, NIKKEI 225)
• Commodities (GOLD, CRUDE OIL, NATURAL GAS, CORN)

Choice of Account Types

The trading accounts at Erema Invest are described as the broker’s solution for traders to unlock their best trading potential and achieve everything they dream of. Hearing something like that leaves an impression on an investor, regardless of it being true or false.�

With scam brokers you immediately know that all the features they provide are generally just empty promises, and shortly after buying them you will realize none of the advertisements were truthful. On top of that, this sham forces you to pay a hefty amount to unlock advanced accounts. Because the basic one, which conveniently offers nothing to work with.�

Here’s how the prices go:

• Start – $300
• Mini – $2.000
• Standard – $10.000
• Classical – $25.000
• VIP – $50.000
• PRO – $100.000

Should you expect a Demo Account on EremaInvest.cc?

The broker doesn’t offer a possibility of Demo accounts. Trading with the help of virtual funds during a trial period and risk-free helps traders experiment and get familiar with the trading environment. Usually, brokers that focus on defrauding customers require you to immediately deposit after opening an account.�

Demo profiles aren’t available because the traders would probably figure out the scam and back away before depositing. Because they have so much to hide, fraudsters always ask for deposits first, and before you’re able to use any of their services.�

Trading Strategies

As a special addition to the lies and false promises collection, Erema Invest offers so-called Strategies. Without precisely describing what they represent and what they are exactly, the broker claims they guarantee success and minimize the risks. Because the market is so unstable and unpredictable, traders should have a warranty for their Forex success. That’s allegedly where Erema Invest Strategies come in.�

Since the webpage advertising these Strategies ends there and then announces how training, analytics and help are available for all Erema Invest customers, we assume that’s what they initially meant under the Strategies.�

Erema Invest Withdrawal

The Erema Invest withdrawal policy explains the crucial steps to initiating a payout. Here, the doc says that the customer has to fill in a form and send it to the broker after signing it. Just like that and voila, you can find your funds back to your bank account between 4 and 7 days later. If only it was that easy. We’ve already warned our readers how dangerous and untrustworthy this unlicensed firm is, just like any other, Digibits included.�

Because of the baits in the forms of bonuses, users may be permanently locked out from making a withdrawal. But that isn’t the worst part. Deposits you made could be already irreversibly lost, especially if made in crypto. The anonymity that these transfers provide help protect the identity of the scammers. Without legal help, you could be basically permanently denied the access to your deposit!

Customer Support

Being faithful to protecting their anonymity, Erema Invest doesn’t provide any company information, including the communication channels. Customer service is only available via email – [email protected] or through an online form. Neither of these techniques offer guarantee for response. The fraudster may as well ignore the incoming emails or permanently close their mailbox after they’ve had their share of the profit they aimed for.�

No one takes responsibility to answer any of the complaints and email inquiries so the customers are left hanging and panicking, while the cyber thief counts profit.�

Key Information About Erema Invest�

As proven by the Romanian authorities, Erema Invest is a scammer that primarily targets Romanian, Moldavian and Italian traders. Operating without any kind of regulation allows this swindler to manipulate traders and extort money in exchange for non-existent services. Getting involved with a rotten scheme such as the one behind Erema Invest inevitably leads to problems with withdrawals.�

If you happen to be experiencing such issues yourself, please consider getting in touch with our support offices as quickly as possible. Delaying the action only leaves the criminal with just enough room to get away with your funds safely. So do not have your will wavering, as it can easily be too late for action! Contact us today and book your free consultation – you can’t lose if it doesn’t cost anything.

FAQ Section

What Is Erema Invest?

Erema Invest scam is what goes on behind this website without any kind of authorization to operate. The website that claims to provide brokerage services actually defrauds customers. So if you’re a victim too, turn to us for legal help and a chance to restore what is rightfully yours.

Is Erema Invest a Scam Broker?

Yes, because this firm steals investments by manipulating funds and lying to their customers. They use deceptive methods of sorts and Romanian authorities have them blacklisted for such deeds.

Does Erema Invest Offer a Demo Account?

No, this broker hasn’t made the demo account available, as they immediately insist on you depositing to be able to use any of the services they advertise.�

Wealthsailing Forex broker promises too much and delivers too little. While their website claims you’ll get to build your trading account with the best of the best, we lack basic information. And even what we were given is false. Read our WealthsailingForex review and get all the details.

�

What About WealthsailingForex Regulation?

Wealthsailing Forex brand is owned by Wealth Sailing Forex Limited, allegedly based in the US. However, the website doesn’t mention any regulations, keeping the firm’s regulatory status anonymous. Since the operation has been running since 2016, if we trust the web page, there’s a big question – how comes the firm has never opted for CFTC or NFA license. The US regulatory bodies are considered the firmest in the financial market, and providing unregulated trading services is a significant legal breach.

Why Is It Important For A Broker To Be Licensed?

Every investment firm has to be licensed for a few reasons. The first and foremost is your safety. Tier1 regulators such as CFTC, NFA, FCA, or BaFin, ensure that Forex firms have compensation funds and can reimburse potential victims. 

Since WealthsailingForex operates illegally, you will be denied any refund claims.

Also, stay away from unregulated brokers like Aax, CryptoHold, and FinanBelt if at all possible.

Traders Reviews About WealthsailingForex

Traders have shared their impressions of WealthsailingForex broker, and we can say, not positive. Basically, the firm seems all good at the start, but once they get ahold of your funds, they won’t bother answering the calls or giving any information about withdrawals.

Since the reviews match our investigation so far, we advise you to avoid the WealthsailingForex scam.

What Platforms Does WealthsailingForex Offer? – Available Trade Software

The broker offers MT5, one of the best industry software there is. 

Metatrader 5 Is Provided At WealthsailingForex

While this would be terrific news if the company was legitimate, here we have several things to mention. It doesn’t matter how good the platform may be. If you have been offered unregulated trading conditions or some basic information, such as spreads and fees, weren’t disclosed, it’s pretty apparent that you won’t make any profits.

WealthsailingForex – Where Does The Broker Operate? 

As per our review, the main target of the WealthsailingForex trading scam is Canada and the US. Yet, the firm is not licensed to provide financial services anywhere, so wherever you reside, you may end up a victim.

In the first place, to prevent being scammed, always ensure to check if the investment firm is an honest company or a shell firm and if the broker has a valid Tier1 license.

WealthsailingForex Range of Trading Instruments & Markets

The firm provides investors with access to the following markets:

• Currency pairs – EUR/USD, JPY/USD
• Commodities – gold, oil, silver
• Indices – NASDAQ, Dow Jones
• Shares – Amazon, Apple, Google
• Cryptocurrencies – BTC, ETH, XRP

Likewise, keep in mind the names of trading scammers Empire FXM, Empire FXM, and Oriontero and avoid them! As a result, always check the history of internet trading organizations before investing!

Where Does The Broker Promote The Company?

According to traders’ reviews, they were lured into investing with this firm through Facebook ads and messages. Also, they received a message from a person they don’t know, telling them all about this fantastic trading opportunity that brings profits within hours and inviting them to join. Besides, the broker promotes its services through paid ads.

WealthsailingForex Minimum Deposit

WealthsailingForex has never disclosed its minimum deposit. It means you will have to wait for a call from the broker’s employees to evaluate your financial situation and decide how much you can afford to lose. Only then will you be asked for a certain amount of money as your initial deposit.

WealthsailingForex Trading Conditions and Leverage

While the broker says to offer a low point difference for spread, we haven’t found any information on how much the EUR/USD spread is. Besides, there’s no mention of any fees or commissions. That is to say, all we know is that the firm offers unregulated leverage up to 1:100.

Moreover, US regulators have set a limit on 1:50 for the Forex market, meaning that broker WealthsailingForex offers double as regulated, putting your funds at double the risk.

WealthsailingForex Deposit, Withdrawal Methods, and Fees

The firm accepts deposits via crypto. While there are several accepted coins, this means that your transactions are encrypted, and funds are harder to track. It also means that your transaction is not eligible for a chargeback, but there are other steps to be taken.

When it comes to withdrawals and fees, this firm hasn’t specified anything, and it doesn’t have a Withdrawal Policy.

Scammed by WealthsailingForex Broker? – Let Us Hear Your Story

If you were scammed by WealthsailingForex broker or a similar bogus investment firm, let us know. While crypto transactions may be hard to follow, it’s not impossible to find a wallet and recover your funds. We have means and knowledge, and all we need is to hear your story.

Our experts will evaluate your case during a free consultation to ensure you get the best recovery options. Contact us right away, and let’s start.

What Is WealthsailingForex?

WealthsailingForex broker is a fake Forex and CFD trading provider, allegedly based in the US.

Is WealthsailingForex a Scam Broker?

WealthsailingForex is a scam firm without any valid financial regulations.

Is WealthsailingForex Available in the United States or the UK?

The broker provides its services mainly in the US and Canada, but also in the UK.

Does WealthsailingForex Offer a Demo Account?

No, the firm doesn’t offer a Demo account, only a Live one.

SPInvest company proudly presents itself as US-based. Yet, without a transparent legal entity name, registration, and license number, we highly doubt it. But that’s just the beginning of the hill of the problems you can find with this brokerage.

Therefore, if you don’t want to get ripped off by anonymous companies, read this SPInvest review carefully. Also, don’t miss out on bonus tips from our BGB Partners and DIFC Investment reviews.

Legal Info: Is SPInvest Legit Or A Scam?

It’s important to note that SPInvest is not one of those eager to share many details, primarily about founders, legal entities, addresses, or registration details. With this in mind, you have already started speculating if the company is legitimate at all. Luckily, it’s an easy task to discover that, especially since they claim to be US-based.

We just had to check the CFTC and NFA registers to find the clue. Yet, none of these databases hold any records of SPInvest being regulated. Consequently, traders can forget about compensation schemes, funds protection, or other security-related features.

Who Are SPInvest’s Victims?

Since the company’s domain was registered in October 2023, it’s not surprising there are no SPInvest reviews available. However, you can be among the first to share your experience with this broker, which we strongly recommend.

Nevertheless, the company’s website traffic may lead us to the targeted areas. Most traffic is driven from countries like: 

• Poland
• Italy
• Belgium
• France

So, if you are coming from any of these, take extra measures to protect your money. But if somehow you still get ripped off, don’t hesitate to talk to our refund team.

Leverage, Commissions, Spreads, Fees and Taxes

Another sign of the SPInvest broker scam is zero transparency about trading conditions, especially about the leverage that would expose their activities completely. In any case, if you get anything higher than 1:50, you know there’s something wrong with them.

Hopefully, you won’t even think about it since other trading costs are quite suspicious. Allegedly, they believe in straightforward pricing, and they charge $0 commission for stock, ETFs, and option trades. Yet, there’s a contract fee of $0.65 per contract, and there are no market data, platform, or inactivity fees. Luckily, without regulations, none of this matters. They can make it all up.

Bonuses

Since many traders nowadays understand that bonuses are just tricks, companies came up with an idea. That’s not to call them bonuses anymore, but margin loans. In any case, the trick is the same. It’s just the name that’s different.

SPInvest Trading Features

Through the SPInvest account plans, traders can easily see there are zero advanced features available. You cannot find tools such as algo-trading, social or copy trading, EAs, etc. 

Instead, the company offers a bunch of fictional benefits like wealth managers, VIP events, managed portfolios, VIP advisors, and so on. Of course, those features are only available for those who deposit more money. That’s how they value their clients.

Trading Platforms Available

One of the biggest disadvantages of this broker is its trading software. They present it as WebTrader 4 to make traders think it’s MT4. But it’s not. WebTrader 4 is nothing more than a basic web-based platform that includes only the main functionalities.

Sophisticated trading strategies, charting options, and customizations can’t be applied. Not to mention that such a manipulated platform can prevent you from making an SPInvest withdrawal. Simply because there will be nothing left to withdraw.

Available Trading Assets

In general, tradeable instruments can make a big difference when choosing a broker. Thus, when the company is not regulated, there’s no doubt you shouldn’t trust anything they offer. Fairly, if they were licensed, the story would be different.

Anyway, the offer consists of: 

• Forex – USD/AUD, EUR/NOK
• Commodities – natural gas, platinum
• Shares – AMD, Boeing
• Indices – ASX200, NASDAQ
• Cryptos – BTC, DOGE

Account Types

The idea the company sells to its customers is about SPInvest AI trading. But that’s not revealed in their account types. In any case, the difference between accounts is mainly found in those fictive benefits we mentioned before and higher bonuses. All other conditions remain the same for everyone.

In a nutshell, the company shows you how they value their clients. If you pay more, you get more. Thus, in the end, you are only losing. Anyway, the options are:

• Standard – $250
• Silver – $10.000
• Gold – $50.000
• VIP – $100.000
• PRO – $500.000

Mobile Trading App

As can be seen from the presentation, the company’s WebTrader 4 is compatible with all mobile devices. Indeed, it is. But not in the form of the app. Instead, you’ll have to use the platform through the browser.

Demo Account

Considering all the company’s shady features, making an SPInvest deposit should be your last thought. This is especially since they don’t provide a demo account for their famous WebTrader4. This tells you there’s something irregular about it.

Education

Allegedly, this brokerage offers a wide range of educational programs. But if you think about it, what you can learn from scam brokers? Only things they want you to know. However, if you check education from any Tier 1 licensed brokerage, you will see the difference.

Anyway, if you are trading with this broker, you have the option to access their trading academy and weekly webinars and get one-on-one sessions with analysts.

SPInvest Withdrawal

Important to note is that the company doesn’t have a transparent withdrawal policy. Consequently, all the details about withdrawals they are serving you with, you can forget it. Firstly, because they can make it up. Literally, anything they want. From processing time delays and verification issues to non-existent fees and taxes. Secondly, without a license, it’s meaningless even if they have a policy.

Customer Support

Allegedly, the company offers a phone line available 24/7. Thus, the number of that line is not disclosed and the link redirects to their platform. Which is not available for non-registered visitors. Other options are e-mail and web contact form. Definitely not the support you want for a company that holds your money.

Key Information To Consider About SPInvest

Everything about the SPInvest scam broker is suspicious. Starting with the platform, trading conditions, withdrawal policy, and trading costs. Sadly, it’s only a result of missing trusted regulations. Therefore, if you experience any problem with them, you should report it to local authorities.

Yet, those moves won’t bring you your money back. Obviously, this company is not a part of any compensation scheme that will cover your losses. For refund options, we strongly recommend you talk to our refund experts. Whether you need chargeback or CipherTrace access to track your crypto, we got you. Most importantly, the first meeting is completely free. Send us a message and reserve yours today!

FAQ Section

What is SPInvest?

SPInvest is allegedly a brokerage based in the United States that has been offering FX and CFD trading services since 2023.

Is SPInvest Legit?

No. The company is not a member of NFA nor does it have a license of CFTC or any other top-tier regulator.

How to Recover From a Trading Fraud?

The recovery process depends on the payment method used. For a detailed explanation, we recommend you book a free consultation with our experts.

InterCapital is one of the least transparent companies that we saw recently. They are another offshore broker, based in the Commonwealth of Dominica, that is hiding something. They don’t provide any ownership information, office location or licensing info. Therefore, if you were thinking to invest any money here, just wait for a second.

Check all the facts in this InterCapital review first, and then make a decision. Don’t be fooled by this broker and their fake advertisements.

Also, we recommend you not invest in the fraudulent brokers FTMO, AvizGroup, and Vertex Market.

InterCapital Is Not a Regulated Broker?�

As the company is based in the Commonwealth of Dominica, it should comply with domestic FSU regulations. However, in their database, there is no mention of this broker.�

For our readers’ security, we checked as well Tier 1 regulators database to see if we could find anything about InterCapital broker there. Unfortunately, the answer is no. Therefore, any funds deposited here would be unsafe.

Even if the broker is anonymous like InterCapital, all details still can be revealed. When you analyze everything step-by-step you understand why not to invest your hard-earned money with brokers like this.

Reasons for Using a Regulated Broker for Trading

The regulated trading company brings a higher level of security. Moreover, clients are entitled to compensation and refunds in specific situations. With a licensed broker, clients have very clear trading conditions and transparent terms. This is not the case with InterCapital trading companies.

Since InterCapital is on the market since 2021, there are no warnings against them. But we expect very shortly to see some, considering the amount of negative InterCapital reviews.

What Platforms Does InterCapital Offer? – Available Trade Software

Instead of a trusted platform like MT4/MT5 or cTrader, this broker only offers a fairly poorly designed web-based trading platform. It doesn’t provide the most advanced trading tools like EAs, social or copy trading and, as such, it is not suitable for experienced traders. However, web-based platforms depend on the browser and they are not with fast executions.

Mobile Trading For Android

The broker presented availability for Android as something special. But any Android device has a browser that can access this web-based platform.

Besides that, it doesn’t provide any more features so it’s completely useless. In our opinion, we would skip this offer, for numerous reasons already. The choice is yours just think twice before investing any money here.

Trader’s Reviews of InterCapital

If you take a look at any InterCapital review, you will find customers screaming that it’s a scam. Especially reviews on Trustpilot, 7 of them in total, with 70% 1-star rating.�

Since they are a new broker on the radar, we expect many more in the future. In case you were scammed by this trading company share your opinion to prevent other people to fall into the trap.

What Financial Instruments Does InterCapital Include?�

This is a standard in the trading industry. Whether the broker is legit or not, they offer similar assets. Those are:

• Forex� � � � � � � � � � � � USD/AUD, EUR/NOK, GBP/SGD
• Commodities � � � � � � oil, platinum, gold
• Indices� � � � � � � � � � � DAX30, CAC40, DJI
• Shares� � � � � � � � � � � Pfizer, Coca-Cola, Microsoft
• Cryptocurrencies � � � BTC, ETH, XRP

Since the broker is not regulated and offers insanely high leverage, these assets are very risky for trading. Especially with their web trader that could potentially be manipulated. It is often the case with non-regulated brokers.

InterCapital Service Countries

According to InterCapital reviews, they are scamming traders from:

• Australia
• Denmark
• UAE
• Jordan

Since they don’t provide any security for their clients, wherever you are coming from, your funds wouldn’t be safe. Better start looking for a licensed broker, before you get into this swindler’s trap. This broker is not here to help you make anything.

List of InterCapital Account Types

�If you are still looking to invest with this broker, here are the account types:

• Standard � � � 2.500$
• Silver� � � � � � 5.000$
• Gold � � � � � � 10.000$
• VIP � � � � � � � 50.000$
• PRO � � � � � � Unknown

Higher accounts don’t bring you any high-quality features or advantages. Only higher leverage, more experienced account managers, and more education program. So, what you can expect after making an initial deposit of 250$ is to be pitched for more. Very quickly and very efficiently.

Can Customers Open A Free Demo Account?

InterCapital broker goes straight to the point. They don’t want to waste time on explanations with virtual funds. Therefore, they don’t have this feature enabled, like many licensed companies.�

Any broker should give insight into their trading platform, features, and conditions for free. That way you can make an educated, but not rushed decision.

InterCapital Deposit and Withdrawal Policies

Another unclear thing about this broker is its fund policies. If you are depositing, just make sure that you are using a debit/credit card so that you are entitled to a chargeback.

What we find interesting throughout their T&Cs is that during the withdrawal procedure, you might be asked to provide additional documentation according to the company Credit and AML laws. That’s one of the most common tricks to prolong the withdrawal process. Of course, after that many other excuses are coming.

InterCapital Details of the Terms and Conditions

T&Cs with the non-regulated broker is worth nothing. Especially if something should go in the customer’s favor. There is no regulatory body that is setting up the rules, therefore they make their own. So, be aware of cheap tricks and think wisely before you invest any money.

Leverage, Spreads and Fees

Leverage with this broker goes up to 1:400, which is 10 times higher than allowed according to ESMA rules or any other regulation. Spreads and fees are another mystery with this broker since access to the trading platform is denied. To sum it up, look for a licensed broker and start trading there.

What Should I Do If I Have an InterCapital Problem?

Since they don’t have any regulatory body that you can contact, only thing is to talk to experts for fund recovery. According to InterCapital reviews, they don’t give clients money back or respond to their attempts for contact.

To start a chargeback process and recover your funds, feel free to contact our expert team. Book your free consultation already today!

FAQ

What Is InterCapital?

This is one more non-licensed offshore broker that is completely anonymous in the trading world. They are on the market since 2021.

Is InterCapital a Scam Broker?

Yes. Many InterCapital reviews confirm this statement. However, they don’t provide any licensing information, because they don’t have it.

Is InterCapital Available in the United States or the UK?

There is no confirmation if they are offering services to any of these countries. Anyway, be careful wherever you are coming from.

Does InterCapital Offer a Demo Account?

No. They only offer live trading accounts with bizarre minimum requirements, which are usually from scam brokers.

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International City Holdings Pte Ltd Review 2024: Is it a Scam or Legit?

The world of online trading and investment is dynamic, and one major problem is the rise of shady companies posing as reliable brokers. A thorough investigation is necessary on the suspected fraudulent acts that have brought International City Holdings Pte Ltd to light recently. We aim to provide a fair evaluation with verified facts and data from reliable and trustworthy sources through our thorough International City Holdings Pte Ltd review.

International City Holdings Pte Ltd is under suspicion for fraudulent activities. Despite the availability of its website (https://intcityholdings.com/), caution is advised. The company’s listed addresses include 120 Robinson Road #08-01 Singapore 068913, Marina One West Tower 9 Straits View #06-07 Singapore 018937, and Level 27, St Martins Centre, 44 St Georges Terrace, Perth, Western Australia. It has been flagged by the Monetary Authority of Singapore, signaling potential risks. Investors and individuals are urged to exercise vigilance and conduct thorough research before engaging with this entity to mitigate potential financial harm.

International City Holdings Pte Ltd Website – https://intcityholdings.com/

Website Availability – Yes

Address shown –

• 120 Robinson Road #08-01Singapore 068913
• Marina One West Tower 9 Straits View #06-07 Singapore 018937
• Level 27, St Martins Centre, 44 St Georges Terrace, Perth, Western, Australia

 Warned By – Monetary Authority of Singapore (Singapore)

Domain Age of International City Holdings Pte Ltd

Domain Name: INTCITYHOLDINGS.COMRegistry Domain ID: 2822661629_DOMAIN_COM-VRSNRegistrar WHOIS Server: whois.PublicDomainRegistry.comRegistrar URL: http://www.publicdomainregistry.comUpdated Date: 2023-10-18T08:37:43ZCreation Date: 2023-10-18T01:31:56ZRegistry Expiry Date: 2024-10-18T01:31:56Z

Important elements that show if International City Holdings Pte Ltd is a fraud or not

Unregulated Status

One of the primary warning signs that investors should be wary of, as noted in the International City Holdings Pte Ltd Review, is the absence of regulation and license. Legitimate brokers need licenses from respectable financial regulatory organizations to guarantee compliance with legal requirements and industry standards.

Withdrawal problems and poor customer service

Withdrawal requests may occasionally be delayed or denied by scam brokers to keep their victims’ money and prevent them from leaving the platform. When payments are delayed or go missing, customers become annoyed and start to doubt the company’s honesty.

Negative International City Holdings Pte Ltd Reviews and unfavorable scam reports

A scam broker may be identified by the number of negative reviews and scam reports from customers and business associates, as highlighted by International City Holdings Pte Ltd Review. For prospective investors, the amount of unfavorable reviews and stories of fraud using Intcityholdings.com raises suspicions. The company’s legitimacy is called into question by several claims of financial losses, unethical behavior, and fraudulent practices. Prospective clients should investigate brokerage firms and go through other people’s experiences with International City Holdings Pte Ltd before trusting their investments to any of them.

Investors should take negative reviews and fraud complaints linked to International City Holdings Pte Ltd seriously, as these occurrences could point to possible dangers and problems that might harm their financial interests. It’s essential to continue being informed and watchful to safeguard your financial interests.

Heightened Risks for Investors

Dealing with unregulated and unlicensed brokers significantly increases the risk of encountering fraudulent practices. The lack of clear regulatory oversight and licensing raises concerns about the broker’s credibility and the safety of clients’ assets. It is imperative to approach such brokers with caution, conducting thorough due diligence to protect your financial interests.

How to Guard Your Investments Against Fraud

Although trading in financial markets such as cryptocurrency, binary options, and forex may be profitable, hazards such as the possibility of coming across dishonest brokers are involved. A proactive and vigilant strategy is necessary to safeguard your investments against fraudulent businesses and frauds such as International City Holdings Pte Ltd. When interacting with questionable brokers, take into account the following precautions:

• Before engaging a broker, do extensive research on the broker’s legitimacy. Investigate licenses, regulatory status, and track record.
• Check online International City Holdings Pte Ltd reviews, forums, and social media platforms for feedback and experiences shared by other traders. This can provide valuable insights into the broker’s reputation and reliability. You can also check our list of scam brokers 2024.
• Only choose brokers that are properly regulated and licensed by recognized financial authorities.
• Ensure the broker has a physical address and contact details that can be verified.
• Read through their terms and conditions, privacy policy, and risk disclosures to understand their policies and procedures.
• Evaluate the broker’s customer support services before opening an account. Prompt and efficient customer support is essential for addressing queries, concerns, and issues.
• Be wary of brokers that make extravagant promises, such as guaranteed profits or high returns with minimal risk.
• Remember that trading involves inherent risks, and no broker can guarantee consistent profits.
• Review the broker’s withdrawal policies and procedures. Ensure they provide clear and straightforward processes for withdrawing funds.
• Don’t rush into decisions. Take the time to evaluate all aspects of a broker’s legitimacy and make an informed choice.

Traders can lessen their risk of falling victim to Intcityholdings.com or other scams and preserve their financial assets by following the above-mentioned suggestions and keeping cautious. Keep in mind that extensive research and due investigation, such as reading a International City Holdings Pte Ltd review, are critical to ensure a safe and dependable trading experience.

Victimized by the International City Holdings Pte Ltd scam? Get your lost money back!

Get a Free Consultation

If you are the one who got scammed by International City Holdings Pte Ltd or other fraud, the best solution recommended for getting your lost money back is Report Scam Community

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

International City Holdings Pte Ltd Review: International City Holdings Pte Ltd Scam Conclusion

As the International City Holdings Pte Ltd Review indicates, there are solid indications that International City Holdings Pte Ltd may be a scam, and these worries are tough to dismiss given the characteristics and facts that are often associated with fraudulent organizations. Traders and investors should exercise great caution when selecting a broker, choosing a reputable, licensed, and regulated organization. Ensuring the legitimacy of a broker, seeking objective assessments, and conducting thorough research are all essential measures in preventing fraud and monetary losses.

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

Read about Chargebacks

To read more about Scam Brokers and their Reviews, Visit Scam Brokers 2024 Page to avoid Cryptocurrency trading scams, Forex trading scams, or other online scams.

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

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BigBitMarket is already infamous on Trustpilot, Reddit, and other social media. Clients share their negative experiences with the firm, explaining how their money vanished in detail. We’ve investigated the firm and discovered it’s another offshore scheme. Read this BigBitMarket review and you will understand it all.

�

What About BigBitMarket Regulation?

BigBitMarket is owned by Big Bit Market Ltd, operating under the governing law of Saint Vincent and the Grenadines. Since this offshore island has no financial regulator, it’s the easiest for scam firms to claim they’re based there. However, there’s an FSA register where all the companies need to sign up and register the nature of the business. And it seems that Big Bit Market Ltd hasn’t entered this register.

Why Must a Broker Have a License?

A broker must have a license in order to provide a money-back guarantee to its clients. All Tier1 regulators, like FCA, ASIC, and BaFin, ensure that Forex firms have significant compensation funds to reimburse potential scam victims. Offshore regulators don’t go as far yet, still trying to set some ground rules.

BigBitMarket has no license whatsoever, meaning it doesn’t follow any rules and can easily steal your funds and disappear.

As well as to the foregoing, we highly urge you to avoid scam brokers BSTrade, Istrade, and LiraFX.

Traders Reviews About BigBitMarket Scam

The majority of BigBitMarket reviews are negative, showing what clients are going through with this firm. Here’s just one example.

“The lies they tell are incredible Lucas was my contact and all he did was try to convince me to put more money into my account. The investment options he suggested in hindsight we’re absolutely ridiculous.

They are crooks as simple as that.”

– Trustpilot Customer

Supported Trading Platforms – Available Trading Software

As expected, BigBitMarket doesn’t offer any prominent platforms. In fact, there’s the most basic WebTrader you’ll ever see. Clients can overview asset offers, opened and closed trades, deposit more, and add several indicators. Nothing worth the money.

Which Platform Is Safer For Trading?

MetaTrader proved its value as one of the safest platforms on the market. If you’re about to start investing, we highly recommend you find a regulated firm with MT4 or MT5.

Everything About BigBitMarket Accounts

BigBitMarket has 5 account types.

1. Trial – $250
2. Passive Income – $10,000
3. Portfolio Management – $50,000
4. Retirement – $100,000
5. Heritage – $250,000

Accounts differ in quality of support, leverage, priority withdrawals, etc. 

Countries Where BigBitMarket Scam Operates

As per our review, the BigBitMarket trading scam is mainly active in:

• Australia
• Serbia
• Singapore 
• UK

BigBitMarket Range of Trading Instruments & Markets

The broker offers to invest in the following assets:

• Currency pairs
• Commodities
• Indices
• Shares
• Cryptocurrencies

All this with unregulated leverage going up to 1:400 and spread starting at 0.9 pips for EUR/USD pair.

BigBitMarket Excessive Leverage

The firm offered leverage starting at 1:100 up to 1:400 and tailored one for the Heritage account. Knowing that the EU, UK, Australian, and other regulators around the globe limit leverage to 1:30 or 1:50 for the Forex market, you can already see how BigBitMarket is endangering your funds and making you lose your money quicker.

Also remember the names of the FinsRoyal, EmiDeals and FX EliteTrader trading scams and avoid them at all costs! Moreover, always check the background of online trading companies before investing!

BigBitMarket Deposit and Withdrawal Methods

The company accepts the following payment methods:

• Credit card
• Bank wire
• Bitcoin

The minimum deposit is $250, while the minimum withdrawal amount is 100 units, depending on your account currency. The withdrawal fee is a minimum of 30 units and a maximum of 300 units per transaction. Clients cannot withdraw their funds if they have accepted any bonuses before reaching 50,000 times the deposit amount plus the bonus amount. It’s a ridiculous requirement made to prevent you from getting your money back unless you invest more funds and risk more.

Scammed by BigBitMarket Broker? – Let Us Hear Your Story

If you find yourself a victim of a BigBitMarket scam, let us know. Our chargeback specialists may be able to assist you with the refund.

But What Is A Chargeback?

Your bank can recover your funds in several ways, depending on the payment method you use. Chargeback is one of those with a time limit. You can request your money back within 540 days since the transaction occurred, so let’s not waste more time.

Contact us right away for a FREE consultation, and let’s recover your funds before it’s too late!

What Is BigBitMarket?

BigBitMarket is an online trading provider without a regulation. Therefore, it’s not recommended to invest your funds with such.

Is BigBitMarket a Scam Broker?

BigBitMarket has no financial regulation, meaning it operates illicitly.

Is BigBitMarket Available in the United States or the UK?

BigBitMarket provides its services in the UK but not in the US.

Does BigBitMarket Offer a Demo Account?

No, BigBitMarket doesn’t offer a Demo account, only Live accounts.

Waystrade (SV) Ltd is a company incorporated in St. Vincent and Grenadines. According to the company, they are in the business since 2010. However, the website domain only exists since 2021.

But also, the company registration number indicates their registration in 2021. These and many other irregularities you can discover in this detailed WaysTrade Review.

Legal info: Is WaysTrade Legit or Scam?

With headquarters in SVG and CFD trading services, you can’t expect them to be regulated there. Since the FSA is not issuing trading licenses anymore. But even without taking a look at the Tier 1 regulatory database, you know this company is a scam. Simply because of trading conditions and their overall offer. Anyway, we checked FCA, BaFin and ASIC databases as the last hope. But WaysTrade.com is not there.

Who are WaysTrade victims?

Since 2021 the company offers trading services worldwide. However, they don’t hesitate even to target countries with strict regulations. In this case, their scammed traders are mainly coming from:

• Turkiye
• Cyprus
• United States

For a company that allegedly exists since 2010, they have very few followers on social networks. For example, the Facebook page only has 12 followers and Instagram around 17 hundred. If you went through different issues with the broker, feel free to share them with us. Ultimately, you might get advice from our expert team about refunds.

Leverage, Commissions, Spreads and Fees

In general, trading conditions presented by the WaysTrade scam broker are useless. Mainly because they are not regulated and all conditions might change without prior notice. Nevertheless, company offers leverage of up to 1:400. While European regulators allow maximum of 1:30 and in the US you can get 1:50.

When an unregulated broker tells you that you get spreads from 0.3 pips, you know it’s most likely way higher. Without proper licensing, they are not obligated to comply with what they say. Also, the company only mentions zero commission on deposits. However, withdrawal fees and other commissions are not disclosed.

WaysTrade Trading Features

In general, interesting features nowadays are the ones that make your  trading easier. In this case, the WaysTrade scam broker offers copy trading. But with many irregularities seen so far, it’s questionable how reliable those services are.

Is WaysTrade legit?

No. The company is misleading traders on every corner. Without adequate licenses and missing terms and conditions, it’s highly possible you won’t get any money out. Also, the broker offers bonuses with a very cheesy bonus policy. In case that company decides that you are abusing or misusing the promotion, they have the right to terminate your account. What a nonsense!

Available Trading Assets

With scam brokers like WaysTrade, tradeable assets are the least important. However, it’s good they have a wide range of options. Such as: 

• Forex
• Commodities
• Indices
• Shares
• Cryptocurrencies

Account Types

Generally speaking, account types should give you certain advantages for depositing more money. But with WaysTrade you can only get high leverage and shady spreads. There are 4 account types: 

• Standard                   $100
• ECN                         $1.000
• ECN Pro                   $3.000
• Ways COPY              $500

Mobile Trading App

Another key fact about this scam broker is the missing dedicated mobile app. They miss the app in general, but the mobile app is a huge downside. Instead, you can only access your account via proprietary web-based software. But those accounts with scam brokers are eligible for manipulation. That’s why you should use cTrader or MetaTrader with licensed brokers.

Demo Account

Even though the company claims to offer a demo account it’s not the case. In fact, that’s just another tactic to extort your contact details. Because for a demo, you have to register first. Thus, you get insight into the platform, but no virtual funds are added.

Education

As for education, they have quite a poor one. Only trading-related articles are available on the Education page. But if you were looking for educational videos, e-books or live sessions you should start looking for another broker.

You might as well check our BoldPrime and Canz Trades reviews for more clarity about trading offers.

WaysTrade Withdrawal

Important to realize is that the company doesn’t have transparent terms and conditions. Not to mention the withdrawal policy. Therefore, processing time, withdrawal fees and minimum withdrawal are mysterious with WaysTrade broker.

With such brokers, you can expect different issues during withdrawals. Mainly inadequate verification documents, non-existent fees and taxes or any other reason they make up.

Customer Support

Support working hours are not revealed with WaysTrade company. Even though contact options are surprisingly transparent, we wouldn’t rely much on those. You can get in touch via phone, e-mail, online contact form, WhatsApp and Telegram. Be aware, that the last two are end-to-end encrypted and have disappearing messages. Try getting them on a video call for proof if they are legit or not.

Key Information To Consider About WaysTrade?

Primarily, the company is not regulated anywhere. Due to missing regulations, they can have risky and even non-transparent trading conditions. Also, the company claims to operate since 2010 while its website exists since 2021. So, many irregularities are found with this broker and the best choice would be to avoid it.

But if you already got caught, no worries. Our specialized team can advise you on further steps and even about a refund if needed. Depending on the payment method you have different solutions. But to find out more, you can book a free consultation with our team. Get in touch today!

FAQ Section

What Is WaysTrade?

WaysTrade is an offshore broker offering FX and CFD trading services with non-transparent conditions and without credibility.

Is WaysTrade Regulated?

No. The company is not licensed by any domestic nor Tier 1 worldwide trusted regulatory bodies.

What Is WaysTrade’s Trading Software?

The company uses a highly suspicious proprietary web trader. If you had any difficulties while trading with them, don’t hesitate to reach out for refund assistance.

The Fidelity DEX exchange is supposed to be established by a group of internationally successful crypto investors with the goal of providing a complete crypto service to traders of all knowledge levels. Every trader is assured that the site features safe, convenient, and diversified services that meet all needs and trading preferences. 

Empty promises aside, we cannot see a single valid reason or concrete proof of the platform being reliable. From the lack of a license to broken pages and a dysfunctional terminal, the signs of fraudulent intent are everywhere. This Fidelity DEX review discusses them all. 

Fidelity DEX Regulation: No License Detected

As if licenses don’t matter for the business, this sham doesn’t publish any of the legal information related to their operation and legal background. Because of the obscure company details, it could not be determined where the company is located, who runs it and what’s their registration number. 

The only clue is the legal docs that claim that Swiss courts have the jurisdiction over the company’s operations. That couldn’t be further from the truth, considering that FINMA, the leading Swiss regulator, has no info on this scheme.

Same results came up when we searched the registers of FCA, CySEC, BaFin and NFA, as well. The company, however, operates under the Singapore time, which could mean they’re located in that timezone. However, they don’t seem to be supervised by MAS, either. 

So please refrain from signing up for this shady domain. You’ll expose both your capital and personal information to risk, just like in the case of FTX.

Dangerous Boiler Room

Most of these illicit sites have a target area which are in this case nations with German-speaking population:

• Germany
• Austria
• Switzerland
• Denmark
• Netherlands

The site was launched in March 2023, which we may see in the WhoIs register. Victims are usually pulled into their precarious situation by so-called boiler room agents. This is one of the most common strategies, employed by LTD FX as well.

These agents are persuasion experts that rely on made-up stories to squeeze the money out of their investors. Usually, they claim to be some kind of a financial expert that has a bulletproof investment strategy. Any invested funds are just swallowed up by the scammers, however, and getting them back requires professional help.

Hidden Fees 

Legal papers on the website do make it known that the company charges various fees. Some of them are trading fees, overnight fees, deposit and withdrawal fees and other charges. 

Sadly, there’s no way to find out what these costs are until you open an account and even then nothing is promised, considering that the portal severely lacks transparency. Therefore, you can expect to be charged anything and out of a sudden. 

Something Wrong With Trading Amenities

The shiny design of the Fidelity DEX crypto management website is only skin deep. The overall trading environment is incredibly shoddy as the trading applications don’t instill any confidence.

While there is a sign-up form for account creation, it’s broken and non-functional.

Problems With Account Creation

On paper, anybody can create an account with Fidelity DEX exchange. What should be a streamlined process quickly turns into a major headache as the account creation form simply does not work.

The company allegedly provides crypto staking and leveraged trading as well as some fixed ROI investment options. Here’s an overview of crypto pledge plans:

• 5,000 USDT for 30 days, 0.25% ROI
• 30,000 USDT for 60 days, 0.30% ROI
• 100,000 USDT for 90 days, 0.35% ROI
• 200,000 USDT for 180 days, 0.42% ROI

These “guaranteed income” schemes are red flags by themselves. With the volatile cryptocurrency markets, not even the elite traders can ever guarantee success or profits.

Basic Web Trader

This is not our first time we’ve seen a claim of “industry leading software” only to be greeted by a borderline functional Web Trader. The same lie is used by these crypto thieves as well.

There’s not a good variety of different options, as the clients are only able to choose an asset, place a bit or a call, and select leverage. Unfortunately, we were only able to access the program for a brief time without creating an account, so we couldn’t evaluate its responsiveness or the accuracy of the trading charts.

Suspicious Mobile App

Allegedly, the platform is also available for mobile devices that support iOS and Android platforms. The links on the site are said to connect to GooglePlay and AppStore, but lead to another internal page that hosts a QR code.

As far as security is concerned, there’s a “Safety Certificate” tick on the page, which doesn’t relate to anything. Needless to say, we don’t recommend installing software from unverified sources.

Confusing Assets

If you were to believe the main website, the company offers a full palette of different crypto based assets.

Interestingly enough, the USDT stablecoin is used as a call currency rather than a quote currency.

The advertised instruments include the following:

• Cryptocurrency pairs – USDT/UNI, USDT/EVER, USDT/BLD, USDT/LINK
• NFTs – USDT/HOOP, USDT/DFA, USDT/KUBE, USDT/HAO

Heavily Charged Payouts

While you will be warned about withdrawals bearing various fees, you will not know what these required amounts are. As previously discussed, the firm does state that they charge fees on various services but doesn’t publish them. You can also expect trading volume requirements, which is used to prevent investors from trying to withdraw anything. 

As expected, the only transfer methods given are crypto currencies. That additionally makes this exchange not reliable or safe, considering that these transactions are hard to trace.

Unhelpful Support

The customer service at this site is limited only to the live chat feature. Alas, we can’t rate it as anything more but completely and utterly useless. When you attempt to get any information related to trading and fees, you will be given generalized answers with nothing precise. The same goes for payouts and account creation issues. 

Shady Exchange Stole Your Coins? Get Them Back!

There’s basically zero legality when it comes to dealing with this exchange. Everything about it is incredibly shady, including their proprietary TEDA coin which is not listed with any reliable channel. Much of the crucial trading information is purposely obscured in order to nudge traders into investing without prior knowledge.

If you’ve deposited funds to this fraudulent scheme, feel free to contact our legal experts. With our help, you can still recover your lost money. Book a free consultation today to learn more.

FAQ Section

What is Fidelity DEX?

It is an unregulated cryptocurrency exchange that uses deception to steal from their clients.

Is Fidelity DEX a Legit Crypto Exchange?

No, the company is completely illegal, and the service they provide is not regulated in any jurisdiction.

Can I Trust Fidelity DEX With My Coins?

Never trust your coins with an unverified firm. If you’ve deposited to this exchange, contact our legal experts to start a recovery process.