PM Group 365 or Vestrpro Group LTD is established in 2022. Their official address is in Cyprus and that would be a good start. Of course, if the same address is in the CySEC register.

With their activities present worldwide, they have built quite positive feedback. At least according to the customers. But to find out if all that is true, keep reading this detailed PM Group 365 Review.

Legal info: Is PM Group 365 Legit or a Scam?

As the company states, the PMGroup365 trading name belongs to Vestpro Group LTD. This company is incorporated in Seychelles, a well-known offshore country. Moreover, they share their registration number: 219970. However, the FSA of Seychelles doesn’t have any records about this broker. Neither does any other trusted regulator like FCA, CySEC, ASIC or BaFin.

Instead, Canadian regulators issued a warning against this company. It seems like many traders reported pmgroup365.com for scam activities.

Traders’ Experience With PM Group 365

In general, like anything else reviews can be fake. It’s hard to determine who to trust or not. Therefore, it’s best to equip yourself with knowledge and make your own opinion.

For instance, the PM Group 365 broker has already 158 comments on Trustpilot. Almost 90% of those are with positive experiences. However, many discrepancies don’t back up this story. In case you were one of the victims of this broker, feel free to contact our team for advice.

Who Are PM Group 365 Clients?

PM Group 365 scam is spreading worldwide. Their victims mainly come from:

• South Africa
• United Kingdom
• Canada
• Ireland

If you had any troubles with this broker it can’t hurt you to consult with experts. Book your consultation already today.

Leverage, Commissions, Spreads, Fees and Taxes

Another key point is the trading costs. Even though the broker claims to have “zero commission” on all accounts, they are not obligated to comply with it. Many things are not according to regulations, why miss this one?

Important to realize is that the company is hiding spreads and trading fees. On the positive side, the leverage is 1:10, while the maximum allowed in Europe is 1:30.

PM Group 365 Trading Features

Trusted brokers often provide access to third-party software, such as cTrader or MetaTrader with millions of downloads in stores. On the contrary, shady brokers often hide their software. This is exactly the case with PM Group 365 broker. They briefly mention that they offer a web trader. Thus, without a demo account, it’s hard to check its possibilities.

Available Trading Assets

Overall, tradeable instruments are quite solid. However, that doesn’t make any difference because the broker is misleading traders about regulations. Nevertheless, you can trade with:

• Forex: USD/JPY, AUD/NZD
• Commodities: silver, platinum
• Indices: ASX200, FTSE100
• Shares: Apple, Microsoft
• Cryptos: ETH, XRM

Account Types

Another scam sign is the PM Group 365 account type offer. There are 5 different ones, with a scaling minimum deposit requirement. Those are:

• Main – $250
• Bronze – $2.500
• Silver – $10.000
• Gold – $25.000
• Platinum – $50.000

Considering PM Group 365 headquarters, there should be some compliance with European regulations. Yet, the company goes against those and offers a welcome bonus.

Mobile Trading App

Sadly, no. Traders can only access their accounts through the browser. That’s why we recommend using Tier 1 licensed brokers with trusted software.

Demo Account

Unfortunately, a demo account is not available with the company. Therefore, you can’t check if any of their conditions are realistic or not. Instead, you can focus on licensed brokers and choose risk-free options there.

Education

Education with non-licensed brokers is a two-edged sword. They can manipulate your thoughts into believeing something they want. Luckily, PM Group 365 broker only offers general articles about trading.

PM Group 365 Withdrawal

Without transparent legal documents and a withdrawal policy, you can expect different issues. Besides positive reviews, there is nothing else pointing to the legitimacy of this broker. Before you throw your money away, you can compare this broker to the others and make your own opinion.

We can help you with that. To understand different offers better, you can read our Beurax and BizzTrade reviews.

Customer Support

According to the broker, the support is available 24/5. As for the contact options you have many. Those are phone lines for different countries, e-mail, contact forms and social media.

Key Information To Consider About PM Group 365?

The key thing you should consider is their missing regulations. Without it, you can expect many issues. In the first place, let us know about your experience with the broker. If you had any troubles, there are people with a solution. Also, don’t miss out to report it to the authorities because that’s the fastest way to expose swindlers.

However, many chargebacks and fund recoveries are done by experts. To find out more about how that can help in your case, you can book your first free consultation with us.

FAQ

Is PM Group 365 Scam or a Legit Broker?

PM Group 365 is a scam broker because they are misleading about regulations and a warning is issued against them.

How PM Group 365 Scams Its Victims?

The company most likely offers unrealistic investment opportunities and they manipulate data to make you believe in results and deposit more money.

How Can I Recover Funds From My PM Group 365 Account?

It all varies on the funding methods. For that reason, we are offering free first consultation with our expert team about the recovery. Get in touch today.

Forex Eze broker is apparently operated by Forexeze Limited. This firm is registered in the United Kingdom. But that entity is not connected to our broker at all.

To find out what other things expose this company, read our Forex Eze review carefully. Don’t miss a bit because it might ultimately cost you money.

Legal info: Is Forex Eze Legit or a Scam?

Forexeze Limited can be found in the FCA’s database. However, contact details registered with the FCA don’t lead to Forex Eze company. In addition to that, some other things don’t add up. This broker claims to be regulated with the FCA for 20 years. Thus, the aforementioned license has existed only since 2018. 

On top of that, the company’s domain was registered in December 2023. All these details combined tell you that this company can’t be trusted. Especially when you find out they have been found on the CNMV’s warning list. 

Another problem is that the company claims to be regulated by ASIC, DFSA, SCB, CMA, CySEC, and BaFin. But none of these institutions ever issued them a license.

Who are Forex Eze’s Victims?

Forex Eze is mainly present in Europe for these four months of activities. Surprisingly, in most cases in top-regulated countries like: 

• France
• Germany
• United Kingdom
• Italy

Since the Forex Eze reviews are missing, we encourage you to share your experience in our comments section below. Traders need to know how this firm operates. If you have trouble recovering the funds, feel free to contact us directly as well.

Leverage, Commissions, Spreads, Fees and Taxes

Since the Forex Eze broker hides most of its trading conditions, it’s clear it can’t be regulated by the FCA. Another proof of that is the company’s leverage of 1:100, while all FCA-regulated firms can offer a maximum of up to 1:30. These tiny details can easily keep traders safe. 

However, for some other trading tricks, we recommend that traders check our Syntro Coin review as well.

Bonuses

On the positive side, the Forex Eze trading firm doesn’t reveal any bonus deals. That’s a good sign since most of those deals include shady clauses that mostly prevent traders from withdrawing any funds.

If you want to find out how those tricks work, read our unbiased Prime Quotes review.

Forex Eze Trading Features

With all the features the company offers, there are none that could practically stand out. Such as Expert Advisors, copy trading, or social trading options. 

The only technical features available are economic calendar, fundamental, and technical analysis features. Fairly, the ones that can be seen with any top-notch regulated firm.

Trading Platforms Available

If the company were operating legitimately, it would certainly opt for third-party trading software, such as cTrader or MetaTrader. With these, traders can enjoy trading without manipulation. 

Thus, with misleading options presented by this broker, you can only expect a web-based platform with exactly the options you want to avoid.

Available Trading Assets

Apparently, the company has been offering more than 1.200 CFDs to trade. Sadly, cryptocurrencies are not included in those. Instead, traders can opt for: 

• Forex pairs – EUR/NZD, AUD/JPY
• Commodities – palladium, aluminium
• Shares – Netflix, Amazon
• Indices – DAX30, FTSE100

Account Types

When it comes to the Forex Eze account types, traders can choose only between two options. Thus, there are no differences. Both options include the same, but for different deposit requirements: 

• Basic – €250
• Intermediate – €5.000

Mobile Trading App

The company claims the Forex Eze platform is available for iOS and Android devices. To make everything worse, they leave links to PlayStore and AppStore. 

However, those links lead back to their home page instead of trusted stores, which is an obvious hint to avoid this scam firm.

Demo Account

Once traders complete the Forex Eze login process, they won’t have the option to test out the platform. At least not with virtual funds. 

Instead, they either deposit money or choose another broker. But we would always suggest choosing another broker over an unregulated one.

Education

In general, the education with this broker doesn’t include any relevant options. There are no 1-on-1 sessions, webinars, or any advanced options. Instead, traders can only use the company’s calculators,  technical and fundamental analysis explanations, etc. Fairly, nothing relevant to any trader.

Forex Eze Withdrawal

The only thing known about the Forex Eze withdrawal is the administration fee of $30 for all withdrawals below $300. Everything remains unknown when it comes to withdrawal processing time, all other fees, and special clauses. 

Overall, that’s not something you could see with any FCA-regulated broker. That’s why this broker is expected to end up on the FCA warning list soon.

Customer Support

Another sign not to trust the Forex Eze scam firm is a lack of trusted contact options. The FCA register provides transparent contact options. Of course, on the forex-eze.com domain, none of those are presented. 

Instead, traders can only use the contact form to reach this investment firm. Certainly, it is not the most convenient way. Especially not without transparent working hours.

Key Information To Consider About Forex Eze

After the published warning, the only thing traders should consider is withdrawing funds from their accounts with this brokerage. Since withdrawals rarely happen with scam firms, the best-shot traders have to apply for a refund as soon as possible. The whole process might be exhausting when you do it alone. But if you get professional assistance,  it can be way easier.

We suggest you book a free first consultation with our refund team and explore all options. Ultimately, once you know what to do, making a decision is way easier. Either you step away and let the swindlers get away or you apply for a refund. It’s that simple. If you won’t let it slip, get in touch now.

FAQ Section

What is Forex Eze?

Forex Eze is a trading firm that’s using the forex-eze.com domain to present itself as a legitimate and trusted FX and CFD trading firm.

Is Forex Eze Legit?

No. Forez Eze is not regulated by any of the authorities they claim to be. Instead, they appear on the CNMV’s warning list.

Where Can I Withdraw My Forex Eze Profit?

Traders may try withdrawing profits from the client area on their accounts. But if any problem occurs, we suggest they talk to our refund experts for advice.

BitQS is just another drop in the sea of affiliate campaign scams that work in relation with illicit and often blacklisted, offshore brokers. The site we’ll be reviewing in the following BitQS review is nothing we haven’t seen and reviewed already. 

However, we have to continually do so, because the scam scheme gets more advanced and complex everytime one of its clones is exposed. So read carefully what the following lines reveal about these seemingly innocent yet completely insidious and most ruthless of scammers.

Who is Behind BitQS?

This copy of a copy of a copy of a promotional website for fictitious AI trading software and “get rich overnight” deals is nothing but a single page affiliate campaign scam. Instead of actually offering fair trading in a crypto exchange environment, BitQS is only advertising a top-notch, revolutionizing trading terminal that doesn’t virtually exist. 

Why do they do so? To simply attract as many victims to sign up as possible. Because that’s where their profit lies. This completely anonymous firm doesn’t provide any of the services they so religiously promote. Whoever is hiding behind the website is just a skilled telephone seller or a boiler room agent. 

Since the website doesn’t reveal the smallest detail about their company or regulation, we can safely label them as incognito fraudsters. These are connected to other scam schemes – usually illicit brokers who they sell the victim’s contact info to. GfxRoyal is one faux broker that gathers new victims this way. 

Victims Buying Into the Deal

The more diligently we try to warn our audience the more occurring these clone websites become. With the evolving crypto market come new and ever more innovative fraudulent campaigns. 

You have to be aware that these are all look-alikes that have already been recycled thousands of times. Everytime they resurface with a new, irresistible deal for crypto optimists ready to jump into investing without enough knowledge or experience. 

The problems start when the scammers slowly start showing signs that give them away. No withdrawals are allowed and contacts are usually cut off as soon as the victims start suspecting anything. The feedback we got from traders from the following countries supports that:

• Germany
• United Kingdom
• Canada
• Spain
• Chile

Costs of Dealing With BitQS

Since the trading environment at BitQS is purely a fabrication, we cannot discuss such things as leverage, trading commissions and other elements of a healthy trading domain. None of the charges BitQS will at some point throw at you are even hinted at. 

This clever cheater has set up a well-designed trap that completely averts the victims focus from the most important aspects of trading. Such lack of transparency is also obvious with offshore scam brokers like Fantex.

Actual BitQS Offer

It is quite safe to say that BitQS has nothing to offer to the potential clientele they pester to invest into their scheme. The promised trading terminal with an unmistakable algorithmic system doesn’t exist. That automatically renders their entire conduct useless. There’s no point in even discussing the rest of their non-existent offer, but let’s take a look at what these miscreants are ready to lie about. 

BitQS Crypto Platform

Doesn’t it sound nice to be offered an advanced crypto trading robot with predictive powers accurate 99.4% of the time? It sure does! The website describes this bogus software as a robotic super platform executing trades instead of you with perfect accuracy. 

If you ask yourself how realistic all that is at the same time, you’ll get an answer to all the questions about the BitQS platform. Does it even exist? No. Does it allow crypto trading? No. Does it help inexperienced traders perform equally lucrative as professional investors? No.

Focus on Bitcoin

In their attempt to sound exceptionally knowledgeable of the entire Bitcoin history and market changes, BitQS discusses the importance and meaning of crypto – especially BTC. In accordance with that and their general affection for BTC, this is the only trading instrument advertised. 

However, since the scam fails to deliver a proper trading software, the shallow choice of instruments doesn’t matter. 

BitQS Accounts

After looking into all the other details of the BitQS ridiculously poor offer, you’re probably guessing the state of this aspect. Although BitQS promises a uniquely equipped live trading account, there’s none of that in effect. The initial deposit is needed if you want to become a proud owner of one, but not even the sum required is known. 

Lies About Demo

As another way to lure in less experienced crypto investors, BitQS promises a Demo account for beginners. And that’s not all. Upon signing up, you can have a dedicated account manager assigned to you to help lead your trades. Their purpose is to advise you and offer a guiding hand through the learning process. Needless to mention, actual signing up brought no such option.

Do Withdrawals Work?

There’s no other way to answer this question except with a no. Scammers profit by locking your investment and by not letting you ever get ahold of your funds again. Whatever fraudulent brokerage you get directed to by BitQS, you can be sure they’re financial swindlers you don’t wish to do business with. 

Even if you attempt to conduct trades, the profit is entirely false and you will never generate income. When that is so, your initial investment will be pocketed by the scammers and you will be left without anything. Better seek legal help if you wish to withdraw a dime. Our legal experts team can help you.

BitQS Support – Where Are They?!

Any attempt to contact the BitQS customer service can immediately be categorized as a failure. The online form which you can use to send an inquiry will never be answered. However, you can expect endless phone calls dozens of times a day from these same people. But if you want to contact them, you simply cannot.

BitQS Summary: Stay Away!

Since this review explains how affiliate campaigns work and what they do for investors, we can only remind you not to get involved with suspicious sites like BitQS. 

Even if you’ve already invested with these devious manipulators, there’s still a way to restore your deposit. If you get in touch with our team immediately, we can guide you through the chargeback process and without even charging the first consultation! So do not despair, and contact us today.

FAQ Section

What Is BitQS?

BitQS is a scam affiliate campaign that supposedly offers advanced crypto trading but only wishes you to sign up so they can acquire your contact info.

Is BitQS A Scam?

Yes, BitQS is a part of a large-scale scam that involves promoters and unregulated forex and cfd brokers.

What Is The Minimum Deposit In BitQS?

The website doesn’t mention the price you have to pay for a live trading account.

As can be seen, the Trenixo trading brand is operated by Inition Solutions LLC. This firm was incorporated in Saint Vincent and the Grenadines in 2023 but hasn’t gained much credibility so far.

There are some things in the trading world that can’t be faked. Still, brokers like this one are constantly trying to do so. To find out what traps you should avoid with offshore brokers, read this Trenixo review until the end.

Legal info: Is Trenixo Legit or a Scam?

The problem with brokers in SVG is that they can’t obtain domestic licenses. FSA decided not to provide Forex brokers with licenses, considering too many scams were happening there. To be clear, scams are still there, just without the authorization. In any case, trading firms should get licenses from authorities in countries where they provide services.

But with Trenixo broker, that’s not the case. Certainly, they didn’t opt for any of the top-tier licenses like FCA, BaFin, or ASIC. Lack of licenses allows companies to mislead traders, resulting in numerous warnings. This firm was primarily exposed by Spanish CNMV. All the others were following their steps, starting with A-TVP, FSMA, IOSCO, CONSOB, AFM, Finanstilsynet and FSC.

Who are Trenixo’s Victims?

Wherever you come from in Europe, there are strict laws brokers should comply with. Primarily ESMA regulations and a MiFID II directive. On top of that, there are domestic regulations in every country. Sadly, this firm didn’t follow any of these guidelines, and traders who suffered from it mainly came from: 

• Spain
• Czechia
• Finland
• Denmark
• United Kingdom

If you are one of those as well, feel free to contact our refund team for advice on getting the funds back. Also, we invite you to share your experience in the comments below since the company has zero reviews.

Leverage, Commissions, Spreads, Fees and Taxes

Important to realize is that the Trenixo Forex trading firm has quite unclear trading conditions. Primarily fees and commissions. With this in mind, traders can’t expect anything more than manipulations. At least we know potential spreads at some point. In general, before you reach a VIP account, you can expect unknown variable floating spreads.

In any case, the only thing traders should keep in mind is the leverage. If it’s any higher than 1:30, you know there’s something wrong with the company. For that reason, this firm is hiding it.

Bonuses

Even though the Trenixo website is inactive, the new one reveals all the company’s intentions. Indeed, there might be bonus offers included in the services. 

However, the conditions for withdrawing those are unknown. To learn how to escape trading traps, check our Saturn4u review as well.

Trenixo Trading Features

Even though the company presents its software as a top-notch solution, believe it’s not. In reality, the company’s features come in the basic bundle of any best-ranked trading platform like Meta Trader.

Trading Platforms Available

Instead of trusted third-party options, the company offers us only a web-based platform. Generally, they present it as an advantage because traders don’t have to download anything. 

However, it comes with certain flaws as well. Such platforms, if not third-party, can be easily manipulated. After all, that’s how traders easily believe these swindlers are making profits. It’s all fake.

Available Trading Assets

Tradeable assets with scam brokers don’t mean anything. Whatever you invest in hypothetically, all the money stays in the same pockets. Anyway, the company’s offer consists of:

• Forex – AUD/EUR, USD/JPY
• CFDs – gold, natural gas
• Cryptos – ETH, DOT

Account Types

Pretty much all the account types with this broker include the same offers. Yet, the minimum deposit requirements for any of those are not disclosed. The only benefits traders get if they deposit more money are advanced support, trading ideas, and trading solutions. Nothing relevant, to be fair. 

Anyway, the options are:

• Active Retail Traders
• Professional traders
• VIP
• Corporate

Mobile Trading App

One of the key things traders should look for a trusted mobile apps. In this case, there are none. That’s a clear sign of potential issues in the future especially when it comes to the end of Trenixo withdrawal processing.

Demo Account

The company claims to offer a demo account. They also claim to be trusted and reliable, but there are numerous warnings against them. In any case, their demo account could be a trick to get clients’ contact details instead of providing them with actual service.

Education

Another big disadvantage of the Trenixo platform is a lack of useful educational programs. Their so-called “Trading school” provides only basic information about trading terms. But if you are searching for webinars or 1-on-1 sessions, you’ll have to look elsewhere. Just make sure it’s not Ande Finance because they operate the same.

Trenixo Withdrawal

With unclear withdrawal procedures, it’s highly expected traders can expect problems there. One funny detail is that the company can charge traders any fees if traders request withdrawals without performing any trades. That’s nonsense. 

In any case, the key problems are always related to final withdrawals. Since processing time and fees are not disclosed, we can only expect delays, frozen accounts, etc.

Customer Support

In general, the company offers only one communication channel—e-mail. The working hours of the support are not disclosed.

However, once you complete the Trenixo login procedure, you might get additional contact options—not reliable ones, for sure. In most cases, those are encrypted services like Telegram or WhatsApp.

Key Information To Consider About Trenixo

As can be seen, reporting the Trenixo scam broker to authorities can work. But they will come back with a different domain and trading name. That’s why it’s important to recognize scams on time. If you somehow fall for another trick, our refund experts are available for assistance.

You can start your refund process already today. Even if you were sending cryptos. Don’t hesitate to reach out to us because the first consultation is completely free.

FAQ Section

What is Trenixo?

Trenixo is an offshore trading company that is currently trying to switch to the wimix.net platform due to numerous warnings from regulators against the original brand.

Is Trenixo Broker Legit?

Certainly not. The company doesn’t operate with the required licenses and on top of that, numerous regulators issued warnings against them.

How to Withdraw Money From My Trenixo Account?

Practically, it’s impossible to do it in a regular way. Instead, we suggest you talk to our refund specialists for refund options and avoid any stress.

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Reltex Group 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 brokers posing as reliable brokers. Due to this, we face countless types of scams such as Forex Scams, Cryptocurrency Scams, Romance Scams, Binary trading scams, CFD Scams, and many more.  A thorough investigation is necessary on the suspected fraudulent acts that have brought Reltex Group to light recently. We aim to provide a fair evaluation with verified facts and data from reliable and trustworthy sources through our thorough Reltex Group review.

Reltex Group Website – https://reltexg.com/

Website Availability – Yes

Address shown – NA

Warned By – Autorité des marchés financiers (Quebec)

Domain Age of Reltex Group

Domain Name: RELTEXG.COMRegistry Domain ID: 2822422433_DOMAIN_COM-VRSNRegistrar WHOIS Server: whois.internet.bsRegistrar URL: http://www.internet.bsUpdated Date: 2023-10-26T07:25:53ZCreation Date: 2023-10-17T09:32:22ZRegistry Expiry Date: 2024-10-17T09:32:22Z

Important elements that show if Reltex Group is a fraud

Reltex Group’s account offerings lack both variety and clarity. They provide only three account types: Silver, Gold, and Platinum, but fail to specify the minimum deposits required, leaving potential clients uninformed. Additionally, the absence of a demo account restricts traders from testing the platform without risk. The trading conditions are vaguely outlined, with leverage ratios escalating as account tiers advance, reaching potentially risky levels of 1:200, 1:300, or 1:400. Such high leverage ratios without proper regulation raise concerns about the broker’s legitimacy.

The lack of detailed descriptions further diminishes the appeal of Reltex Group’s account options. Moreover, the absence of legal information, licensing details, registration location, and incorporation date intensifies suspicions regarding the broker’s credibility. Negative reviews further undermine the company’s reputation. The phone number listed not being found in the Canadian registry suggests potential unregistration, adding to the mystery surrounding the company.

Negative Reltex Group 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 Reltex Group Review. For prospective investors, the amount of unfavorable reviews and stories of fraud using Reltex Group 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 Reltex Group before trusting their investments to any of them.

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 Reltex Group. 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 Reltex Group 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.
• Review the broker’s withdrawal policies and procedures. Ensure they provide clear and straightforward processes for withdrawing funds.

Victimized by the Reltex Group scam? Get your lost money back!

Get a Free Consultation

If you are the one who got scammed by Reltex Group 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 and Chargeback 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.

Reltex Group Review: Reltex Group Scam Conclusion

As the Reltex Group Review indicates, there are solid indications that Reltex Group 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.

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 Scam Broker Reviews 2024, Scam Broker Reviews 2023, and Scam Broker Reviews 2022 we have published to check if your broker is a scam or a legit broker.

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

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Lux Capitals 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 brokers posing as reliable brokers. Due to this, we face countless types of scams such as Forex Scams, Cryptocurrency Scams, Romance Scams, Binary trading scams, CFD Scams, and many more.  A thorough investigation is necessary on the suspected fraudulent acts that have brought Lux Capitals to light recently. We aim to provide a fair evaluation with verified facts and data from reliable and trustworthy sources through our thorough Lux Capitals review.

Lux Capitals Website – https://luxcapitals.com/

Website Availability – Yes

Address shown – Leutschenbachstrasse 95, Zurich, Switzerland, 8050Lux Capitals Review 

Warned By – Alberta Securities Commission (Alberta)

Domain Age of Lux Capitals

Domain Name: LUXCAPITALS.COMRegistry Domain ID: 2682281845_DOMAIN_COM-VRSNRegistrar WHOIS Server: whois.name.comRegistrar URL: http://www.name.comUpdated Date: 2024-03-19T16:16:38ZCreation Date: 2022-03-17T13:19:20ZRegistry Expiry Date: 2025-03-17T13:19:20Z

Important elements that show if Lux Capitals is a fraud

Lux Capitals presents conflicting information regarding its registration and headquarters. While claiming to be registered in the Seychelles with its headquarters in Switzerland and a legal department in London, these details could not be verified with the Seychelles Financial Services Authority (FSA Seychelles), Swiss Financial Market Supervisory Authority (FINMA), or the Financial Conduct Authority (FCA).

The British Columbia Securities Commission has issued a warning against Lux Capitals for offering financial services without proper authorization. This lack of regulation means that Lux Capitals operates without regulation, posing a risk to investors. Without regulatory protection, investors’ funds are vulnerable and not safeguarded by any legal frameworks. Entrusting money to an unregulated entity like Lux Capitals exposes investors to potential financial risks, making it crucial for individuals to exercise caution and due diligence before engaging with such firms.

Negative Lux Capitals 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 Lux Capitals Review. For prospective investors, the amount of unfavorable reviews and stories of fraud using Lux Capitals 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 Lux Capitals before trusting their investments to any of them.

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 Lux Capitals. 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 Lux Capitals 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.
• 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.

Victimized by the Lux Capitals scam? Get your lost money back!

Get a Free Consultation

If you are the one who got scammed by Lux Capitals 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 and Chargeback 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.

Lux Capitals Review: Lux Capitals Scam Conclusion

As the Lux Capitals Review indicates, there are solid indications that Lux Capitals 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.

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 Scam Broker Reviews 2024, Scam Broker Reviews 2023, and Scam Broker Reviews 2022 we have published to check if your broker is a scam or a legit broker.

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

With an increasement of online trading brokers, we have an increasement of scam brokers. How to know which broker is legit? How to be sure that your funds are safe? We advise you to always check the broker before opening an account. Make sure that it is regulated by one of the top-tier regulators, such as FCA, CySEC, or ASIC.

Read our in-depth ArgusFX review and find out who this broker is, where is it operating from. Is ArgusFX regulated? We answered all of these questions for you.

Regulation and Security

ArgusFX is the brand name of Acier FX Ltd (formerly known as ArgusFX Ltd). The company is based in Cyprus and registered by CySEC. The company was established in 2017 and has the right to operate within the EEA zone and several other jurisdictions.

We found the company registered in Lithuania, cooperating with Lithuanian banks. These banks are not top-tier banks, so we advise clients to be careful when depositing with this broker.

In which countries does this broker work?

ArgusFX broker is operating in the EEA zone. Also, since CIFs can provide trading services to third countries if they comply with their trading regime, the company can provide services in Egypt, Indonesia, Malaysia, Nigeria, Philippines, Russia, Switzerland, and United Arab Emirates. 

On the company’s website, it is specifically listed that they do not provide financial services in the USA, Iran, Cuba, Sudan, North Korea, Syria, Belgium, Canada, and Japan.

We strongly advise clients to check if ArgusFX is regulated in their country before opening an account with this broker.

What can you trade with an ArgusFX broker?

ArgusFX broker allows its clients to trade with currencies, commodities, stocks, and indicies. In addition to that, traders can trade with futures and spot metals.

The company offers around 60 currency pairs and 65 CFD stocks.

Trading is enabled on the MT4 trading platform. Traders can also use an automated system and get trading signals.

On the Standard account, there is no minimum deposit, while for the Pro account it’s necessary to deposit a minimum of 200 EUR. Besides these two types of accounts, the company is also offering a Demo account and Islamic swap-free account.

The leverage goes up to 1:30 for the Forex market, while spread varies from 0 pips in the Pro account and 0.7 in the Standard account. The minimum trade size is 0.01 LOT in both of the accounts.

The deposit can be made using a debit/credit card and it takes 1 day to process the transaction. The fee that the company is charging is 1.35 EUR/USD/GBP, while withdrawal with the same method costs traders 1.8% from the amount they wish to withdraw. Withdrawals to the card are visible to clients within 4 – 7 business days.

If clients want to make a deposit using wire transfer, it takes one day for the company to process it and there are no deposit fees, while the withdrawal fee is from 5 – 15 EUR/USD. The money is visible in the clients’ accounts within 4 – 7 business days.

Along with these methods, the deposit can be made using E-wallets such as Skrill and Neteller.

 Scammed by ArgusFX? What to do?

If you experience any issues while being involved with ArgusFX broker, do not hesitate to contact us. If you get scammed by this broker, cannot get your funds, or cannot access your trading account, get in touch with us today! We can help you solve the issue and get your money back!

Is ArgusFX a good broker?

ArgusFX broker has CySEC regulation, which means that it is safe for the clients coming from the EEA zone. However, we advise you to check if this broker is regulated in your country before opening an account.

Is ArgusFX regulated?

Yes, ArgusFX broker has CySEC regulation, coming from Cyprus regulatory body.

Where is ArgusFX based?

ArgusFX has its headquarters in Nicosia, Cyprus.

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Tidex 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 brokers posing as reliable brokers. Due to this, we face countless types of scams such as Forex Scams, Cryptocurrency Scams, Romance Scams, Binary trading scams, CFD Scams, and many more.  A thorough investigation is necessary on the suspected fraudulent acts that have brought Tidex to light recently. We aim to provide a fair evaluation with verified facts and data from reliable and trustworthy sources through our thorough Tidex review.

Tidex Website – https://tidex.ltd/

Website Availability – No

Address shown – NA

Warned By – Alberta Securities Commission (Alberta)

Domain Age of Tidex

Domain Name: tidex.ltdRegistry Domain ID: da019326868242e09981735215c4e524-DONUTSRegistrar WHOIS Server: whois.PublicDomainRegistry.comRegistrar URL: http://www.PublicDomainRegistry.comUpdated Date: 2024-04-12T05:33:55ZCreation Date: 2023-04-12T05:08:00ZRegistry Expiry Date: 2025-04-12T05:08:00Z

Important elements that show if Tidex is a fraud

Tidex presents itself as a cryptocurrency broker, yet it lacks authorization or licensing from any financial regulators, raising concerns about its legitimacy and credibility. Unlike many platforms that offer tailored solutions for beginners, Tidex fails to provide specialized guidance for novice traders. However, it does offer some flexibility with no minimum deposit requirement and trading fees that are independent of trading volumes.

Despite these features, Tidex’s lack of regulatory oversight poses significant risks to investors. The absence of regulatory approval means there’s no external body overseeing its operations, leaving investors without a safety net. Furthermore, the platform’s website availability is questionable, and its address is not disclosed, adding to the opacity surrounding its operations.

The Alberta Securities Commission (Alberta) has issued a warning against Tidex, signaling potential concerns about its business practices or compliance with regulations. Investors should approach Tidex with caution due to these regulatory warnings and the platform’s lack of transparency.

Negative Tidex 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 Tidex Review. For prospective investors, the amount of unfavorable reviews and stories of fraud using Tidex 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 Tidex before trusting their investments to any of them.

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 Tidex. 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 Tidex 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.
• Evaluate the broker’s customer support services before opening an account. Prompt and efficient customer support is essential for addressing queries, concerns, and issues.

Victimized by the Tidex scam? Get your lost money back!

Get a Free Consultation

If you are the one who got scammed by Tidex 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 and Chargeback 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.

Tidex Review: Tidex Scam Conclusion

As the Tidex Review indicates, there are solid indications that Tidex 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.

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 Scam Broker Reviews 2024, Scam Broker Reviews 2023, and Scam Broker Reviews 2022 we have published to check if your broker is a scam or a legit broker.

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

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Global Crypto Trade Alliance Review 2024: Is Global Crypto Trade Alliance a Scam or Legit?

The rise of scammers acting as trustworthy brokers is a major problem in the world of online trading and investing. Due to this, we face countless types of scams such as Forex Scams, Cryptocurrency Scams, Romance Scams, Binary Trading Scams, CFD Scams, and many more.  A thorough investigation is necessary on the suspected fraudulent acts that have brought Global Crypto Trade Alliance to light recently. We aim to provide a fair evaluation with verified facts and data from reliable and trustworthy sources through our thorough Global Crypto Trade Alliance review.

Global Crypto Trade Alliance Website – https://globalcryptotradealliance.com/

Website Availability – YES

Address shown – Causeway House, Dane Street, Bishop’s Stortford, Herts, England, CM23 3BT.

Warned By – Financial Conduct Authority (UK), Comisión Nacional del Mercado de Valores (Spain), and Commissione Nazionale per le Società e la Borsa (Italy)

Domain Age of Global Crypto Trade Alliance

1. Domain Name: GLOBALCRYPTOTRADEALLIANCE.COM
2. Registry Domain ID: 2755269996_DOMAIN_COM-VRSN
3. Registrar WHOIS Server: whois.namesilo.com
4. Registrar URL: http://www.namesilo.com
5. Updated Date: 2024-01-30T22:55:07Z
6. Creation Date: 2023-01-31T20:58:57Z
7. Registry Expiry Date: 2025-01-31T20:58:57Z

Overview of Global Crypto Trade Alliance

Global Crypto Trade Alliance claims itself as a legitimate brokerage organization that provides a variety of cryptocurrency trading services, as well as a regulated investment platform for normal investors residing in the United Kingdom. With promises of large returns and great customer service, it entices traders to invest in a variety of digital assets. Above all, it is important to note that no major financial authority regulates it, and the Financial Conduct Authority (FCA), the Comisión Nacional del Mercado de Valores (CNMV), and the Commissione Nazionale per le Società e la Borsa (CONSOB) have issued warnings and advised investors and traders to avoid this platform.

Unfavorable fraud complaints and negative Global Crypto Trade Alliance reviews

According to Global Crypto Trade Alliance Review, a scam broker may be recognized by the number of negative reviews and scam reports from clients and business associates. The number of negative reviews and reports of fraud involving Global Crypto Trade Alliance causes doubt in the minds of potential investors. Several allegations of financial losses, unethical behavior, and fraudulent tactics cast doubt on the company’s validity. Before entrusting any brokerage business with its assets, potential customers should research the firm and go through other people’s experiences.

Investors should take negative reviews and fraud complaints linked to Global Crypto Trade Alliance 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.

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 Global Crypto Trade Alliance. 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 Global Crypto Trade Alliance 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 Global Crypto Trade Alliance 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 Global Crypto Trade Alliance review, are critical to ensure a safe and dependable trading experience.

Global Crypto Trade Alliance Review: Global Crypto Trade Alliance Scam Conclusion

As the Global Crypto Trade Alliance Review indicates, there are solid indications that Global Crypto Trade Alliance 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.

Victimized by the Global Crypto Trade Alliance scam? Get your lost money back!

Get a Free Consultation

If you are the one who got scammed by Global Crypto Trade Alliance 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 and Chargeback 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.

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 Scam Broker Reviews 2024, Scam Broker Reviews 2023, and Scam Broker Reviews 2022 we have published to check if your broker is a scam or a legit broker.

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 Global Crypto Trade Alliance review written above is influenced by the other Global Crypto Trade Alliance reviews already on the web. We are not liable for any legal action from the Global Crypto Trade Alliance company. In case of any query please mail us at info@reportscam.net.

In today’s YellowStoneFX review, we have assessed the offer of this unlicensed brokerage firm. By reading our article, you will understand why trading with unregulated brokers is regarded as extremely risky.�

Before moving forward, here is a quick overview of YellowStoneFX. As per its website, it is a trading name of Plaintech LLC, registered in Saint Vincent and the Grenadines.�

When a phony broker is headquartered in SVG, it raises suspicions since this jurisdiction doesn’t regulate its forex providers. Other than this, YellowStoneFX shares traits of a classic investment scam.���

Also, we recommend you not invest in the fraudulent brokers Tradercr, Crystal Trust, and Cambrill.

Is YellowStoneFX Regulated By a Financial Regulator?

As introduced, the YellowStoneFX broker operates illegally since it is not authorized by any financial market regulator to provide services anywhere.�

Although forex trading is risky, investing with a bogus brokerage firm carries out greater danger. In plain English, YellowStoneFX can’t protect traders but imperils their finances.�

Moreover, this also indicates that this shady company can be involved in fraudulent trading activities because no third party oversees or vouches for it.

YellowStoneFX is owned and operated by Plaintech LLC, headquartered in SVG. Neither of these entities is authorized to provide online financial trading services in any jurisdiction.

Other than that, this shady brokerage firm misleads traders by providing fake conditions and lying about trading software.

Why Is Trading With a Licensed Broker Preferable?

By comparison, legitimate brokers can be accountable for their actions. They adhere to strict legislation stipulated by financial authorities. Among tier-one supervisory bodies are the Australian ASIC, British FCA, and German BaFin.�

Aside from the guaranteed safety of your funds, brokers certified by these agencies maintain an advantageous environment and look after their traders. For instance, they implement negative balance protection that stops you from losing more than you deposit.�

Likewise, they keep your funds separate from their capital, keeping your finance safe in the case of a broker’s insolvency. Lastly, you are covered by compensation schemes ranging from 85K GBP to 100K AUD/EUR.��������

YellowStoneFX Provides Access To WebTrader? – Trading Platform

Regarding trading software, it impacts the outcome of trading. That is to say, the more advanced features, the more successful results.

It is proven that the latest trading programs like MetaTrader 4, MetaTrader 5, cTrader, and Sirix ensure safe and profitable trading due to incorporating plenty of innovative tools (e.g., expert advisors, social trading, and stop loss).�

For instance, copy trading allows you to monitor and mimic the most productive traders. Speaking of the YellowStoneFX web trader, it can’t be in the same class as the foregoing platforms. This implies that its web trader doesn’t have what is needed for optimum performance.

Trading on PC, Mobile Devices, and Tablet

What is more, a web trader limits you to trading from browsers. In contrast, the aforesaid modern trading programs enable trading from different devices, including laptops, tablets, and cell phones. As an example, you can download MT4 as computer software or an Android/iPhone trading app easily.

YellowStoneFX – Countries Of Service

Apart from the above-mentioned grounds, according to victims, it appears that YellowStoneFX is a fraudulent broker scamming traders from

• Australia
• The UK.

For quick reference, an FX broker operating in Australia must be approved by ASIC (Australian Securities Investment Commission), and in the UK, must be accredited by FCA (Financial Conduct Authority).�

Otherwise, it is an outright scam. These markets enjoy a great reputation due to having demanding licensing requirements; a brokerage company must meet minimum operating capital requirements (up to 1.5M GBP).�

Which Assets Can The Investor Trade?

Therefore, fake brokers promise a wide range of trading instruments in order to draw your attention. Similarly, YellowStoneFx trading allegedly provides the following markets and assets.

• Digital currencies: Tether, Ethereum, Ripple;�
• Currency pairs: EUR/USD, GBP/AUD, CAD/NZD;�
• Commodities: coffee, natural gas, silver;�
• Shares: Amazon, Apple, Tesla;
• Indices: CAC 40, Russell 2000, BEL 20.

No matter what this fraudster offers, your investment is at stake since its lack of opportune conditions.

What Do We Know About YellowStoneFX Account Types?

When it comes to trading accounts at YellowStoneFX, firstly, there is no demo account. This option allows you to test platforms, build strategies, and assess conditions without risk and costs.�

At the same time, it can expose broker scams; as a consequence, they rarely include free practical accounts in their offers. As regards live trading accounts, YellowStoneFX provides the following types.

• Bronze: 1,000 USD minimum required deposit, spreads 0.12 pips, leverage 1:50;
• Silver: 5,000 USD minimum required deposit, spreads 0.08 pips, leverage 1:50;
• Gold: 25,000 USD minimum required deposit, spreads 0.01 pips, leverage 1:50;
• Premium: 75,000 USD minimum required deposit, spreads 0.01 pips, leverage 1:100;
• Diamond: 125,000 USD minimum required deposit, spreads 0.01 pips, leverage 1:200;
• VIP: a minimum required deposit is unknown, spreads 0.01 pips, leverage 1:300.

As can be seen, these accounts come with a hefty sum for opening balance, which is a needless risk considering the status of YellowStoneFX.�

Additionally, as for the VIP account, opening this account requires contacting an account manager, which is one of the dirty tricks employed by scammers. When you get in touch, the manager will rip you off and charge more than initially agreed.

Details About Leverage, Spreads, and Fees

While on the subject of accounts, the maximum leverage ratio at YellowStoneFX is 1:300, which is several times higher than what is allowed in some jurisdictions. Even though leverage is a handy tool in making profits, it must be treated carefully and requires some skills.�

For this reason, many financial regulators limit a leverage ratio to 1:30 (UK) and 1:50 (US) for retail traders. Furthermore, YellowStoneFX reportedly provides tight spreads, from 0.12 to 0.01 pips, which is undoubtedly manipulated to appear rewarding.�

Concerning other terms of exchange, as per its web page, swaps are either standard or competitive, but what is meant by that remains unclear. Anyway, nothing beneficial can be expected from this illicit broker.

High Minimum Deposit and Withdrawal Terms

One of the characteristics of every investment scam is a high minimum deposit. With reference to the YellowStoneFX deposit, it is 250 USD. Now compare this to 10 USD, which is a minimum starting deposit with some of the finest brokers in the industry.�

In connection with accepted forms of payments, despite the assurance of the availability of VISA, Mastercard, Maestro, and wire transfers, we are skeptical about this. That is why financial swindlers push for depositing via crypto wallets that are hard to trace and reverse. 

On a final note, the withdrawal process is always obscure on the manipulative trading platform, involving issues and hidden costs, and in most cases, withdrawals are not even possible.

Trading Bonuses and The Terms of Their Receipt

Con artists often entice traders with generous bonuses. Promotions are fine if they come from a legit broker. Otherwise, they are part of a malicious strategy. 

Thereby, YellowStoneFX promises rewards to rope you into investing and defraud you. Remember, these prizes have adverse terms preventing you from withdrawing them. Also, the scammer holds the right to change conditions as pleases.

Scammed by YellowStoneFX Broker? – Let Us Hear Your Story

First of all, it is possible to retrieve your funds, more about that in the next section. Then, you should report financial fraud to the respective authorities. 

Besides, be sure to leave negative YellowStoneFX reviews and help other traders avoid this online trading scam. After all, don’t feel embarrassed since everyone can be defrauded.

What Is A Chargeback?

As said, you can get your money back thanks to a chargeback process. The method of cashback is uncomplicated with secure payments like credit/debit cards and bank transfers.�

Consequently, fraudsters frequently use crypto payments because they can be canceled. Anyhow, cyber security experts can assist you even with reversing crypto wallets. In that respect, get in touch with our company today.�

FAQs About YellowStoneFX

What Is YellowStoneFX?

YellowStoneFX is a fake forex broker operating without license and regulations.

Is YellowStoneFX a Scam Broker?

Yes, YellowStoneFX has all the traits of a trading scam since it deceives and lies to people.

Is YellowStoneFX Available in the United States or the UK?

Allegedly, YellowStoneFX is not available in the US but is in the UK; still, it doesn’t comply with any legislation.

Does YellowStoneFX Offer a Demo Account?

No, YellowStoneFX doesn’t provide a demo account since it can’t capitalize on a free practice account.