As can be seen, this company presents itself as registered in the United Kingdom. Fairly, that gives another weight to the company’s business. After all, many traders might think all UK-based firms are legit.

Indeed, there might be ones that are truly registered there. However, there are too many swindlers misusing that blind trust traders have. So, to determine how to avoid such traps, make sure to read this RGN Financial Planning LTD review carefully.

Legal Info: Is RGN Financial Planning LTD Legit Or A Scam?

When you think of legitimate firms, you have to look for their licenses first. Luckily, this brokerage makes everything easier for us. You just have to check if they are regulated by the FCA, and their secrets will be revealed. To sum it up, they are not.

But the story doesn’t end there. The company is not authorized anywhere else, starting with authorities like ASIC, CFTC, BaFin, and others. Therefore, if you are still thinking of depositing here, at least you know the funds are not safe.

Who Are RGN Financial Planning LTD’s Victims?

Since 2023 when this trading brand was established, they were mainly targeting European traders. So, if you are coming from the following countries, keep an eye on your crypto wallets and watch out where you register. Those countries are: 

• United Kingdom
• Netherlands
• Sweden
• Poland
• Ireland

But if you want to find out how transparent firms operate, check our ICM Trader and Lux Trading Firm reviews. Once you realize the difference, contact us for refund advice to help you get your money back from RGN firm.

Traders Reviews

Quite surprisingly, the RGN Financial Planning LTD reviews are only available on Sitejabber and not on any other platform. So far, there are 39 comments, and many of them point out that it’s all a scam.

As can be seen, the company is trying to forcefully extort more money from traders when they request withdrawals. Of course, they are using standard tricks for that: non-existent fees and tax regulator threats. If you face a similar scenario with this or any other broker, contact us immediately for a refund consultation.

Leverage, Commissions, Spreads, Fees and Taxes

The key problem with RGN Financial LTD broker is their trading conditions. With leverage possibly higher than 1:100 they advertise, they are clearly violating all European regulations.

In addition to that, the company’s been hiding spreads, commissions, and fees. So, what else to expect from them but to get scammed?

Bonuses

Another important issue with this company is their welcome bonus offer of up to 75% of your deposit. Firstly, bonuses are banned all over Europe. Secondly, even if they are not, they would contain malicious clauses. So, watch out for those since the company’s T&Cs practically don’t exist.

RGN Financial Planning LTD Trading Features

Another issue with this brokerage is guaranteed returns of up to 15%, depending on the account type. That’s surely not something regulated brokers would feature. 

On the other hand, if you look for some advanced features like social and copy trading or EAs, you won’t find them.

Trading Platforms Available

As can be seen, the company presents its platform as a state-of-the-art solution. However, we hardly believe a proprietary web-based platform can be that good. What features the company presents us with are: 

• Real-time market data
• User-friendly interface
• Access on multiple devices
• Seamless order execution

Funny, isn’t it? This is especially true when you know all the features of MT5 and cTrader. 

Available Trading Assets

Generally speaking, when the company offers services without regulation, its instruments don’t matter. It’s all fictive, anyway. All in all, you can expect assets like:

• Forex – EUR/HKD, AUD/SGD
• Indices – DAX30, FTSE100
• Commodities – gold, natural gas
• Shares – Amazon, Netflix
• Cryptos – XRP, DOT

Account Types

If you are still thinking about opening an RGN Financial Planning LTD account, think about their minimum deposit requirement. Even though they might accept something around $250, they will quickly pitch you for more. So, you’ll be pressured to choose between: 

• Beginner – £5.000
• Silver – £25.000
• Gold – £75.000
• Premium – £150.000
• VIP – £250.000

Mobile Trading App

If the company’s trading platform were state-of-the-art, it would also offer trusted mobile apps. However, that’s not the case here, and it’s another sign to stay clear of them.

Demo Account

Let’s also mention the lack of demo account options. Therefore, testing the company’s features and fees is not possible. You can’t even register with them unless you are invited or contact them for the registration code.

Education

The only thing that can make you consistent in the trading world is knowledge. So, if you want to educate yourself properly, you’ll have to look for another broker. With this one, there are zero educational programs offered.

RGN Financial Planning LTD Withdrawal

If you are hoping to get an RGN Financial Planning LTD withdrawal, you had better read this review again. With non-existent withdrawal policies and regulations, you can only expect trouble. 

In addition to that, you can see from the reviews the company is trying to rob you with non-existent fees and threats with tax regulatory reports.

Customer Support

When it comes to contact options and support, the company might appear legit for a moment. But if you think about it, you will remember most of those things could be useless. Especially their phone number. 

Besides the phone, you can try reaching the RGN Financial Planning LTD scam company via e-mail and an online contact form. But don’t’ raise much hope.

Key Information To Consider About RGN Financial Planning LTD

Literally, there’s not a single reason to trust this broker. Primarily because of missing regulations, fake and non-transparent platforms, promised returns, and hidden conditions. 

If you end up in the same sauce as other victims of this brokerage, don’t hesitate to seek refund assistance. After all, our refund experts offer a first consultation free of charge. Book yours right away and find out how to recover your money.

FAQ Section

What is RGN Financial Planning LTD?

RGN Financial Planning LTD is a broker presenting itself as a UK-based trading firm with a short existence since 2023.

Is RGN Financial Planning LTD Legit?

Absolutely not. The company has been operating without any license or necessary transparency. Stay away from them at all costs.

How to Get Money Back From a Scam Broker?

Whatever payment method you were using, won’t work for withdrawals. Instead, we suggest you talk to our refund experts for adequate refund options.

If you were thinking of investing your funds with OBRinvest we highly recommend you take a deeper look into the business itself. Not every company that has some kind of regulation is a clean one.  That’s why in this OBRinvest broker review, we will give you more information that will definitely keep you thinking for a while should you invest with this company. 

OBRinvest Regulations and Security

Yes, it’s regulated by CySEC with license number 217/13. Does that necessarily mean that you are safe? Definitely no! Since the broker has a bad reputation among traders and many of them complain about withdrawal issues, CySEC regulation doesn’t mean much. Despite being Tier1 regulator, CySEC is well-known for simply fining brokers that disobey regulatory rules.That’s why you should be safe when considering investing your money here. 

Problem with withdrawing funds

Your banks are not that good option as well to keep your money there, but at least they let you take it out whenever you want. Trading companies, such as OBRinvest, will convince you to put as much as you can, but in the end, trying to withdraw your funds is not going to go that easily. From technical issues to some kind of issues with your bank, all up to the hottest market opportunity of the decade, that are only a tiny part of the things you will hear from your analyst; if you hear from them when you request a withdrawal. 

Beware of the OBRinvest scam and other brokers such as SGP-Limited, InvestCore, Daxiron, and Sagellc!

Trader’s opinion

Most of the traders who experienced working with OBRinvest were facing pretty much the same problems. They pushed clients to invest as much as possible, even to get a loan just to deposit funds. They were forcing people to upgrade their accounts to get better trading conditions, lower fees, and whatever crosses their minds just to trick you into putting in more money. 

How does an online trading scam work? 

It’s a straightforward strategy that they are using. They will show you an ad about automated trading software, which comes under various names, that can generate for you crazy amounts of money within the first 24 hours of trading. 

Don’t you think they would already be millionaires if they knew that trick? Exactly. They will use it themselves if it is working. Then after you try it out with a small amount of money and you see results, you’ll be persuaded to put in more money to generate more. Which is completely fine if you can withdraw it. But the first time you try to withdraw the funds, your analyst will present you an opportunity that just crossed his desk and it’s going to bring you whatever you dreamed about ( be aware they know what you want in life ). After you fall for that another time and they feel there is no use of you anymore, forget about reaching them out again.

Scammed by OBRinvest? 

If you were a victim of an OBR investment scam, you should reach out to the closest bank franchise and try to get a chargeback. It’s a very frustrating procedure with a lot of paperwork which usually doesn’t pay off unless you file all the documents required, but it’s worth trying. In the end, it’s your money! After that is done, let the people know on social media or some forum about your experience so that other people don’t get scammed by this company.

But what is a chargeback?

If you ever tried to get your money back for some purchase that was not part of the agreement, you’ve already been through that. It’s a procedure where you are requesting from the bank to reverse a transaction that you’ve made. That transaction needs to be backed up with reliable information on why that transaction should be reversed or why that company or individual is uncertain. 

Contact our support team via online chat and book your free consultation. You’ll get all the information regarding the refund process.

What is OBRinvest?

OBRinvest is an online trading brokerage regulated by Cyprus regulatory body.

Is OBRinvest a scam?

OBRinvest is a CySEC regulated brokerage with several compliants regarding withdrawal issues.

Is OBRinvest regulated?

OBRinvest has a CySEC regulation. However, it has been blacklisted by the traders themselves.

This broker is registered in 2022 in Mauritius. As an offshore broker, it raises a lot of suspicions. Their official owner is Match Liquidity. But that’s also the owner of the Match Securities trading brand. Generally speaking, it’s not a good start.

However, we will talk only about Match CFD. That’s why it’s important to read our Match CFD review carefully. Additionally, you can find more useful pieces of advice in our Blink Trades, Moneta Markets and XtreamForex reviews.

�

Is Match CFD a Regulated Broker With a License?

Match CFD trading company claims to be regulated. In general, offshore regulations are not comparable to Tier 1 ones. For example with FCA, BaFin or ASIC. But surprisingly, Match CFD broker doesn’t have any of those mentioned licenses. None of the registers had any info about this company. But primarily FSC of Mauritius.

Additionally, this broker claims to have an office in the UK and Emirates. However, for trading in the UK, they must have TPR or FCA license. Which they don’t. The yellow card at the start.

Trading Platform and Other Apps on Match CFD

Another key point is their trading platform. Match CFD broker didn’t bother investing in third-party software. What we can see presented on their website is a standard web-based platform. But if you look closer you will find a match with trading view. It doesn’t offer many advanced features like Meta Trader or cTrader.

So, traders using netting, hedging or scalping don’t have anything valuable here. Not to mention social and copy trading which became popular recently. After all, Match CFD broker doesn’t have a mobile app suitable for any iOS or Android device. The only way to use the platform is through the browser.

What Financial Instruments Does The Platform Include?

As for trading instruments, we can assume it’s a good offer. Based on their software presentation. However, if you will get access to all data is questionable. Since this broker is openly lying about their license, everything is suspicious.

But if you still want to trade here, you can choose:

• Forex                        GBP/EUR, EUR/SEK, NOK/HUF
• Commodities            natural gas, platinum, Brent crude oil
• Indices                      CAC 40, Dow Jones, Nikkei 225
• Shares                      Walt Disney, Deutsche Bank, American Airlines
• Cryptocurrencies       BTC, XRM, SOL

Match CFD  Countries Of Service

Unfortunately, Match CFD reviews don’t reveal much. But enough to determine their operations pattern.

This company is mainly focusing on countries like:

• United States
• India
• United Kingdom
• South Africa
• Canada

Important to realize is that especially for the UK broker must have an FCA license. However, they don’t.

What Are The Different Match CFD  Account Types?

After all, we are not surprised by their poor account offer. Even though they claim transparency and trust, it’s nowhere to be seen. There are only 3 account types available:

• Standart/Starter         $500
• Gold/Entrepeneur      $5.000
• VIP/Guru                   $10.000

With higher deposits, traders get more assistance from their managers. Additionally, no withdrawal commissions and refunds on trading commissions. However, none of the trading conditions are transparent.

Can a Trader Use a Demo Account?

To sum it up, no. This broker doesn’t offer any risk-free option for traders. So, to get involved with this broker will take from you at least $500.

Which is never safe with an offshore broker. Especially one that is misleading traders. Considering their poor terms and conditions, everything might be misleading.

Terms of Service for Match CFD

The match CFD broker website is quite unprofessional. The lack of crucial information doesn’t raise trust among traders. Let’s see first the funding methods. You can use:

• Debit/Credit cards
• EcoPays
• Bank transfers
• Terrixa

Of course, none of the transferring fees and the processing time are available. On the other hand, the withdrawal processing time is 3-5 business days. In general, with such shady conditions, it’s questionable if it’s ever going to happen.

Leverage, Spreads and Fees

As shown above, none of the trading information is available. Starting with leverage and spreads. These are quite crucial factors to determine company legitimacy. Especially the one that is operating in very regulated countries. For instance, US and UK.

Additionally, this broker advertises no withdrawal fees on some accounts. But trading commissions are open for refunds. Thus, traders don’t know how much it will cost them to trade with this broker.

Does Match CFD  Offer Security?

Since they mislead traders about licensing, they are not secure at all. Even if they advertise all possible security measures on their website, it’s not reliable. Because nobody monitors its activities.

That’s where the importance of regulation comes into play. After all, you have an institution to file a complaint to.

Match CFD Bonus Policy

With Match CFD broker, the bonus policy is not transparent. Since they have a referral program, you could expect some bonuses. Have in mind that bonuses are strictly banned in many countries.

The reason for that is the malicious clause behind it. In fact, if you accept the bonus you accept the obligation to trade a certain volume. Only after that, you can request a withdrawal. That’s what shady brokers are using as a tactic to extract more money from traders. Generally speaking, have that in mind while trading with any broker.

What Should I Do If I Have Match CFD Problem?

With a non-regulated broker, there are way fewer options. Firstly, you should share your experience with our fund recovery team. Very few clients will complain about anything else but withdrawal.

That’s why our expert team is there to advise you on any further steps. Whether it’s a chargeback procedure or tracking crypto with CipherTrace. At your disposal already today. Get in touch with us now.

What Is Match CFD?

Match CFD broker is an offshore entity offering services worldwide. But only since 2022.

Is Match CFD a Regulated Broker?

No. They claim to be FSC (Mauritius) regulated. Thus, their register doesn’t have Match Liquidity.

Is Match CFD Available in the United States or the UK?

As Match CFD reviews show, this broker offers services to both mentioned countries.

Does Match CFD Offer a Demo Account?

No. Instead of risk-free options, you can only choose a live trading account.

BullTrend brokerage presents itself as a safe and trusted trading firm based in the UK. However, with its low transparency, anyone can question its services, especially given the trading conditions it offers, which are uncommon for trusted UK firms.

All in all, there are too many “X” factors traders should think about. But if you want to stay away from such firms, make sure to follow our tips revealed in this BullTrend review.

Legal Info: Is BullTrend Legit Or A Scam?

To appear legitimate the company should reveal registration and license details transparently. However, this broker doesn’t think that’s relevant to traders. Instead, they offer fictive benefits to the ones who invest with them. Honestly, it would all be good if the company was regulated.

Yet, you won’t find any details about this firm if you check databases of top-tier regulators like FCA, BaFin, ASIC, CFTC, or similar. With zero funds protection features, you can expect a lot of victims of this broker. Usually, many victims result in many warnings from the mentioned and similar regulators. If you are patient enough, you might see.

Who Are BullTrend’s Victims?

Based on the company’s domain age, traders can see this firm has been around for only six months. Fairly, more than enough time to build its credibility and get positive feedback from traders. Sadly, there are zero BullTrend reviews. 

Luckily, website analytics show us what traders should be careful about the most. Those are the ones coming from: 

• Netherlands
• United Kingdom
• Canada
• Denmark

If you come from any of these and have experience with this broker, let us know. In addition, if you were trading with SquareMarkets or TeleTrade firms. All these have that one thing in common. It’s to be unregulated. So, if you have any issues with them, get in touch for refund options.

Leverage, Commissions, Spreads, Fees and Taxes

Generally speaking, with non-transparent trading conditions, you can’t trust any broker. But when the company doesn’t have licenses, it’s even worse than that. For instance, the BullTrade broker advertises tight spreads on all accounts. Does that mean these are truly tight, or can they be changed at any time? Guess once.

On top of that, the company offers services in jurisdictions where the maximum allowed leverage is up to 1:30 or 1:50. And yet, their maximum leverage goes up to 1:200. There you go, two warning signs in less than a minute. Lastly, the commissions you can expect for CFD trading are 0.75%.

Bonuses

Usually, fraudulent trading firms use bonus funds to keep traders’ funds tied. Simply put, if traders accept any bonuses, they can’t withdraw any money before they meet the requirements set by the company. 

Unfortunately, with the BullTrade trading firm, there are no signs that any bonuses are offered. But watch out for it.

BullTrend Trading Features

Important to realize is that this firm doesn’t offer any advanced trading options. Therefore, if you are looking for EAs, social, or copy trading, start looking elsewhere. But even if you want to stick to old-school trading, you won’t have many tools available from this company.

Trading Platforms Available

Another sign not to trust BullTrend Forex company is its trading platform. Trusted and reliable platforms nowadays are mostly third-party solutions like cTrader, MetaTrader, or similar. 

Surely, trusted software can’t be the web trader provided by an unregulated broker. Simply, if you compare the features available, you will realize all the potential issues.

Available Trading Assets

When it comes to tradeable assets, the company offers quite a solid range of instruments. However, if you deposit a small amount of money, you’ll get access to fewer instruments. Fairly, that’s not a genuine and fair principle. At least, it shows you what the company values the most – your deposits. 

Anyway, some of the instruments offered are: 

• Forex – USD/NZD, AUD/HKD
• Commodities – crude oil, palladium
• Shares – Walt Disney, Netflix
• Indices – CAC40, ASX200
• Cryptos – BCH, BNB

Account Types

Pretty much the only difference between BullTrend account types comes from leverage and the number of available instruments. However, the company will require you to pay more money to get those completely irrelevant features. A notable detail is that the company requires $5.000 for the lowest account. But in reality, they will most likely accept much less. 

In any case, the options are: 

• Basic – $5.000
• Bronze – $25.000
• Silver – $50.000
• Gold – $75.000
• Platinum – $100.000
• VIP – $125.000
• Savings – $150.000

Mobile Trading App

After completing the BullTrend login procedure, you will realize the company doesn’t have any trusted iOS or Android apps. Instead, mobile trading can be done only via their web trader. With this in mind, you might opt for another broker on time.

Demo Account

Another missing feature of this suspicious trading firm is a demo account. With their high minimum deposit requirements, it would be reasonable to have it. Thus, they don’t. But when you see top-tier licensed firms offering demos and requiring $10 for a deposit, why would you trade with this firm?

Education

If you don’t have enough signs to stay away from this broker, check their educational programs. Oh yes, there are none, and that clearly tells you they don’t care about your experience. Only about your money.

BullTrend Withdrawal

Without transparent legal documents and licenses, the BullTrend withdrawal is practically impossible. Whatever processing time and fees the company presents you with may change if they need it. Just be careful with fictive tax and fee payment requests. If you are unsure if such requests are legit, seek professional assistance.

Customer Support

As can be seen, the company provides traders with a phone line, e-mail, and web form for contact options. Apparently, their support team is available from 9 AM to 5 PM, Monday to Friday. Thus, they don’t reveal in what time zone, but you can assume it’s the UK based on their phone number. After all, we highly doubt that they will be helpful if you seek withdrawal assistance.

Key Information To Consider About BullTrend

With non-transparent conditions and missing regulations, there’s nothing you should be looking for with the BullTrend scam broker. If you experience any problems, we strongly advise you to report it and share your experience online. You can do it in our comment section as well.

All in all, if you are unsure how to solve your issues, you can always apply for a refund and avoid all the trouble and stress of working with this broker. Feel free to contact our expert team for refund advice already today.

FAQ Section

What is BullTrend?

BullTrend is an anonymous FX and CFD trading firm presenting itself as a reliable UK-based company.

Is BullTrend a Legit Brokerage?

No. The BullTrend broker is not regulated anywhere and it’s a matter of time before you can see warnings against them.

Is There a Way to Withdraw Money From My BullTrend Account?

In a regular way, most likely not. Since various issues are expected during the withdrawal process, feel free to contact us for refund advice if any problems occur.

The problem with this investment firm is that even at first glance, you can recognize irregularities. For instance, the company’s privacy policy, brochures, and legal documents are locked. Therefore, details about the legal entity running this domain remain unknown.

On the positive side, the company provides investors with an address in Canada and a phone number. But is that all enough to be trusted? Let’s find out in this detailed Capital BLF review.

Legal Info: Is Capital BLF Legit Or A Scam?

When a company offers investment services with guaranteed returns of up to 42%, it’s a clear sign something is wrong. The key issue with this company is a lack of regulatory oversight. Not only does the company not have a main Canadian license from IIROC, but not even any regional ones, such as CSA, OSC, BCSC, MBS, or similar.

Without adequate licenses, traders’ funds are not protected anyway. Lastly, there are zero Capital BLF reviews that could prove the company truly works.

Who Are Capital BLF’s Victims?

Another reason why the absence of reviews is surprising is because the company has been around since 2022. Yet, it’s not for 16 years, as they claim. 

Nevertheless, analytics show that Capital BLF investing company was mainly targeting victims from: 

• United States
• Canada

Not the smartest move if you operate without regulations. Sadly, these top-tier countries are often the target of unregulated firms. Another example traders can find in our CoinZoom and Nuvo Markets reviews. Luckily, if any of these get your money, you can still apply for a refund with our expert assistance.

Leverage, Commissions, Spreads, Fees and Taxes

Traders have to understand that this firm doesn’t offer individual margin trading. Instead, they have different investment plans where they handle the investments. It would be logical that the company charges some fees or commissions for its services. But it appears they don’t. Or at least, they don’t tell us so.

Bonuses

Since Capital BLF crypto investments generate free money for traders, there’s no need for any bonuses. But honestly, can you truly believe the company can guarantee returns up to 42%? Surely not.

Capital BLF Trading Features

All the investment features of this firm are related to crypto and future investments. Of course, the company doesn’t reveal what platforms they use, strategies, risk management, and exit strategies. So, what makes you think those investments exist at all?

Trading Platforms Available

Generally speaking, investment firms like Capital BLF don’t offer any specific platforms. Instead, traders can access their accounts via browser and make transfers from there. 

However, they should keep in mind all the details on the platform can be completely fake.

Available Trading Assets

As can be seen, the company doesn’t reveal precisely what instruments they trade. With briefly mentioned cryptos and futures, traders can only rely on trust. Fairly, not the smartest move.

Account Types

If you check the Capital BLF plans, you will realize they are all nonsense. Only if you deposit more money can the company get you higher returns. However, 10% of $100 and 10% of $1.000 is still 10%. Of course, the amount changes, but not percentages. 

In any case, you can choose between: 

• Starter (demo) – $100 – 3% in one week
• Gold – $1.000 – 5% weekly   
• Professional – $10.000 – 10% weekly
• Premium – $100.000 – 17% in 12 days
• Hedge (special) – $1.000.000 – 42% in 21 days
• Wall ST – $100.000 – 30% in 3 days
• Renewable Energy Sources – $5.000 – 7% monthly
• Real Estate NFT – $100.000 – 9% in 27 trading days

Mobile Trading App

Even though no downloadable apps are available, the company advertises cold storage and multi-cluster system architecture. With this in mind, you can expect them to promote crypto transfers because that’s how wallets are protected.

Demo Account

On the positive side, you can opt for their starter or demo account to check the Capital BLF portfolio management. However, it requires a $100 investment, which doesn’t make it a demo in its true form. So, be careful when signing up.

Education

Logically, when a company invests for you, they don’t offer any educational programs. At least, that’s the case with unregulated firms. 

However, if you are not educated, they can serve you with a lot of fake news and ideas that inexperienced traders easily bite. Consequently, they end up depositing more money and getting scammed.

Capital BLF Withdrawal

With a non-transparent withdrawal policy and methods, it’s clear the company intends to keep your money. Firstly, they might require you to provide additional verification documents. That will give them more time to pitch you for more money. But if that fails and you still want your withdrawal, you might be required to pay fees or taxes.

Thus, none of those should be paid since they are all fake with unregulated firms. Keep in mind that whether you pay them or not, your Capital BLF login credentials won’t work anymore.

Customer Support

Usually, traders think that the company is legit if it provides transparent contact options, such as addresses, phones, or a live chat. Yes, they might respond there, but do you expect proper assistance without a license?

Key Information To Consider About Capital BLF

When you sum it up, there’s not a single reason to trust the Capital BLF scam company. This is primarily because of missing regulations and the mystery behind legal information. Therefore, we advise you to be extremely careful if you are investing with them.

Hopefully, you’ll skip their offer in the first place. But if you crack under pressure, don’t worry. Our refund specialists have got you covered. Reach out for a free consultation and find out how to get your money back.

FAQ Section

What is Capital BLF?

Capital BLF is a fake Canadian investment firm that offers a wide range of investment plans with fixed returns without any proof that it all works.

Is Capital BLF Investment Firm Legit?

Absolutely not. The Capital BLF company doesn’t have any domestic licenses issued by IIROC or any other Canadian institution.

Can I Get Money Back From Financial Fraud?

Indeed, yes. It only depends on what method you will use, but to know the exact step-by-step procedure, get in touch with our refund experts.

Once you access the tradecryptomasters.com website, you can’t see any ownership details, which is quite strange for a broker presenting itself as UK-based.

But there are many more fake details hidden behind the curtains. To discover them all, read this TradeCryptoMasters review carefully.

Legal Info: Is TradeCryptoMasters Legit Or A Scam?

This brokerage is very easy to research since it claims to be UK-based. Yet, once you search in the FCA registers, you can’t find any records about them. Not only that. None of the Tier 1 regulators have any traces of the company having a license, starting with Bafin, ASIC, and CFTC. So, features like segregated bank accounts and compensation schemes are just science fiction here.

On top of that, the company earned a warning from a trusted Canadian ASC. If that’s not enough for you, keep reading.

Who Are TradeCryptoMasters’s Clients?

Looking at the who.is database, we can see that this brokerage has been operating only since 2023. It is not something any experienced or inexperienced trader would wish for. Nevertheless, research exposed their targets. TradeCryptoMasters broker mainly scams traders from: 

• Australia
• United Kingdom
• Canada
• Germany

But if you are one of those as well, contact us for a chargeback consultation. After all, everyone is looking for a way to get their money back.

Traders Experiences

Non-surprisingly, this investment firm has quite bad reviews. Only on Trustpilot are there 23 comments, with more than 40% being negative ones. That tells you enough about the brokerage.

Many of the clients are complaining about withdrawals. So, if you are one of those as well, don’t hesitate to reach out for help. With our advanced CipherTrace technology, even crypto transfers are traceable.

Investment Costs With TradeCryptoMasters

Trading conditions with TradeCryptoMasters are also suspicious practically because there are no conditions revealed. Except for the leverage of up to 1:200, Which does not comply with legitimate regulations. Especially not UK ones.  

As for the spreads, commissions, and fees, you’ll have to guess. Since there are no transparent details about it.

TradeCryptoMasters Trading Features

Important to realize is that this brokerage offers a proprietary platform besides WebTrader. Therefore, you can download mobile and desktop apps. Thus, not from trusted stores.

In any case, without regulations and with so many complaints, nobody with common sense would risk their money here. To find out why, read our Portrades review.

Is TradeCryptoMasters Legit?

This so-called UK brokerage is far from legit, primarily due to missing regulations. On top of that, all of the trading conditions are unclear. Not to mention their shady trading software. If you are looking for a legit broker, find a Tier 1 licensed one with Meta Trader or cTrader at least.

Available Trading Assets

Trading instruments offered by this investment firm can be found anywhere. Whether you are searching for a legitimate or a scam broker. After all, it’s better to trade with a company that has transparent conditions. Anyway, the options are: 

• Forex – USD/GBP, AUD/NZD
• Commodities – silver, platinum
• Indices – DAX30, CAC30
• Shares – Amazon, Tesla
• Cryptos – BTC, SHIBA, DOGE

Account Types

This fake brokerage has quite an interesting account-type offer. Of course, to get more fake benefits you have to deposit more real money. The choices are: 

• Basic – $250
• Gold – $25.000
• Platinum – $100.000      
• VIP – $500.000

Mobile Trading App

A mobile trading app seems to be available. Yet, it is not through trusted gateways like AppStore or PlayStore. Instead, you have to download shady apps from this scam brokers’ website. But to understand in detail the importance of trusted apps, read our KIEXO review.

Demo Account

Of course, without a demo account, traders can’t test the features and costs. That’s why TradeCryptoMasters doesn’t offer it. This is another sign you should avoid this broker and look for your future investments elsewhere.

Education

Understandably, every scam broker will offer you fake education. Such as live sessions, webinars, VIP events, and many more. Yet, without regulations, all that is completely irrelevant. As long as your broker is not licensed, don’t trust it. A perfect example can be found in our Trubluefx review.

TradeCryptoMasters Withdrawal

As for the withdrawal policy, you couldn’t expect anything specific. Instead, the broker claims to process withdrawals within 5 business days. Of course, with applicable fees.

Thus, not the transparent ones. To be honest, they mentioned those would be shared with the client. But that’s where scam brokers manipulate inexperienced traders to deposit more money.

Customer Support

Of course, like any broker targeting Australia and the UK, they have those VOIP numbers. Besides, there is an e-mail you can try your luck with. So, if you were hoping for a response from this broker, forget it.

But be careful with their remote-controlling apps. Such as TeamViewer and AnyDesk. That’s how these swindlers easily steal your money. Whether from a bank account or a crypto wallet.

Key Information To Consider About TradeCryptoMasters?

TradeCryptoMAsters has all the warning signs in one place. The company is not regulated, and they use shady software, unclear trading conditions and remote controlling apps. Therefore, there is plenty of room for manipulation. In case this broker took money from you and doesn’t allow withdrawals, don’t worry.

Our chargeback specialists can advise you regardless of the funding method. Even if you were transferring crypto, our CipherTrace technology is getting into play. To find out more, book your consultation with our experts now.

FAQ Section

What Is Tradecryptomasters?

TradeCryptoMasters is an anonymous brokerage offering trading services without any legitimate regulations.

Is Tradecryptomasters Legit?

Not at all. Non-existent regulations, web-based software and mysterious trading conditions make this broker unreliable.

Does Tradecryptomasters Offer A Demo Account?

Sadly, they don’t. Therefore, all the inexperienced traders need to risk their own money from the start.

How Much Is Tradecryptomasters’ Withdrawal Fee?

The company doesn’t reveal exact withdrawal fees. Therefore, you can expect manipulations around it. If you recognize any, contact our specialists for refund assistance.

With non-transparent legal details, this company already marks itself as a potential scam, especially since it presents its registration address in Saint Lucia. But the more you research this firm, the more problems you can find.

Luckily, you won’t be wasting any time since we have it all sorted out for you. Make sure to read this Singularity 360 review carefully if you don’t want to be their next victim.

Legal Info: Is Singularity 360 Legit Or A Scam?

Any offshore broker must obtain at least one top-tier license if they want to operate legitimately. In this case, suitable options would be FCA, ASIC, CFTC, or similar, considering the company’s target areas. Of course, none of those were ever issued to Singularity 360. Instead, the company presented us with a license issued by Belgian FSMA.

Fairly, the document the company provides us with looks fake even at first glance. But to get confirmation you can feel free and check the FSMA database. If that’s not enough for you, check their domain age as well. It appears the company has been around for only one year and not 10 years as they claim.

Who Are Singularity 360’s Victims?

According to some Singularity 360 reviews, you would say this broker has no victims. However, the deeper you dig, the more complaints you can find. For this one year of existence, this firm has been actively targeting traders from: 

• Australia
• United States
• United Kingdom
• Brazil
• Mexico

Since withdrawals are highly speculative with this firm, we suggest you apply for a refund as soon as possible. If you want to recover your money with our assistance, feel free to contact us for a free consultation first. After all, that’s how victims of Luxtious and Naristech brokers got their money back.

Traders Reviews

If you are still exploring the Singularity 360 broker, we hope you’ll follow your own gut and not reviews. If you check the comments on the Sitejabber platform you might think this broker is the top-notch one. However, the Trustpilot comments reveal a different story.

Luckily, it’s in our spirit not to trust anything positive but only negative. In most cases, we end up being right. But if you ignore all the warning signs, you might get in trouble, as seen from some reviews. So, if you become the company’s next victim somehow, reach out to our experts for chargeback assistance.

Leverage, Commissions, Spreads, Fees and Taxes

One of the key problems with Singularity 360 trading firm is its transparency. Or to be precise, the lack of it. Whatever you do with them, you can expect unexpected turnovers. Especially with trading fees and commissions.

However, keep in mind that the company doesn’t offer negative balance protection. This means its possibly insanely high leverage can heavily impact your balance.

Bonuses

Of course, a standard way of scamming traders is through bonus offers. Unfortunately, with scam brokers, bonus policies contain minimum deposit requirements traders must reach. Otherwise, they can’t withdraw any bonuses or profits generated with it. In this case, the requirement is 25 times the bonus amount plus the deposit.

Singularity 360 Trading Features

We can hardly expect advanced features with the company’s web trader. The only notable option is the Autochartist feature. But if you are looking for automated trading, copy trading, or EAs, you’ll have to look elsewhere.

Trading Platforms Available

The problem with the Singularity 360 platform is that it can be easily manipulated. That’s why traders usually look for options like DAS Trader Pro, cTrader, or MetaTrader. When a broker uses third-party apps, they can’t swindle around. So, when you see a proprietary web trader, you better run on time.

Available Trading Assets

Honestly, if the company was legitimate, the instruments offered would be impeccable. However, they are not. So, it’s just a bunch of fictive asset details presented to traders. Starting with:

• Forex – USD/EUR, AUD/NZD
• CFDs – gold, NASDAQ, Alibaba
• Cryptos – ETH, XRP

Account Types

Even if you decide to register with this broker, you won’t find out how much you need to deposit before you complete the Singularity 360 login process. 

The moment you get in, expect calls from their agents, who will kindly persuade you to make your first deposit. But be careful of upscale and other promotions they might offer to get more money from you.

Mobile Trading App

According to the company’s presentation, you might think the mobile app is available. But it’s not. When you get into your account, you will realize that mobile trading will be a nightmare. Instead, simply choose top-tier licensed firms and enjoy trusted mobile apps.

Demo Account

Since the company doesn’t want to reveal trading conditions, we can’t expect a demo account. Therefore, we can just register and hope they won’t scam us. But in most cases, it all stays on empty wishes.

Education

When it comes to educational packages, the company doesn’t offer anything you can’t find online. News, economic calendars, and fundamental and technical analyses are available. Fairly, nothing notable.

Singularity 360 Withdrawal

Even though the Singularity 360 withdrawal procedure is clear, that doesn’t mean that’s all. In any case, it appears the company is only processing bank transfers and card transfer withdrawals. These will include hefty fees of $50 for wire transfers and $25 for cards with an additional $10 processing fee.

The problem is that the company will charge you an additional 10% levy if you don’t reach 200 turnover on your account before requesting a withdrawal. All in all, these details reveal they can’t operate legitimately.

Customer Support

Apparently, the company’s support is available 24/5 via phone and e-mail. Also, there’s a live chat feature, but in all cases, we don’t hope much for their assistance. Especially if you are looking for withdrawal assistance or updates.

Key Information To Consider About Singularity 360

The main problem with this brokerage is its license. To be precise, the lack of it. Also, their fake reviews and misleading registration date information add up to suspicion. Therefore, we suggest you make a test withdrawal and see how it goes.

If any problem occurs, send us a message right away. Our experts offer a free first consultation without any obligation. Find out what refund options you have, and never let swindlers get away with your money.

FAQ Section

What is Singularity 360?

Singularity 360 is an offshore brokerage registered in Saint Lucia that presents itself as a 10-year-old business while their domain was registered in May 2023.

Is Singularity 360 Legit?

No. The company presented us with a fake license issued by the FSMA. But in countries like the UK, US, or Australia, where they operate, the firm is not regulated.

How to Get a Withdrawal From an Unregulated Broker?

If not in a regular way, you can apply for chargeback or any other refund option available. To find out the most suitable options, reach our chargeback specialists.

We can say that the broker offers a fancy and very attractive website. We will discover in this Binetrix review how this is all makeup.

The company operates from Saint Vincent and Grenadines. On their website, we couldn’t find any information about regulations. Therefore, we should be very careful with our funds here.

Binetrix allegedly offers contact through WhatsApp, Facebook and LinkedIn. Once you want to try those options it just gets you back to the regular contact form and it gives you a phone number from the UK.

As well, stay away from the trading scams ST Global Markets, SwissFS, and MaxVol! Furthermore, before investing, always investigate the history of internet trading firms!

Binetrix Is a Non-Regulated Fraudulent Broker?

Any company that doesn’t have a license has the potential to be fraudulent. The same stands for Binetrix.

Company chose SVG for its headquarters, knowing that this country doesn’t regulate Forex markets. Hence, unlicensed status.

Why It Is Better Not to Choose An Unlicensed Broker

Not having a license gives freedom to the company to create its own trading conditions. Most of the time it doesn’t go in favor of clients. That’s the most important benefit of having a license. There is an institution that is monitoring your work.

We would like to disclose, that not every license is a good one. We always recommend looking for companies that have Tier 1 Regulations. Those are trusted ones and you wouldn’t make mistake with those.

Such regulators are FCA, BaFin or ASIC. In none of these, we couldn’t find any trace of mentioning Binetrix.

Is Binetrix a Legit Broker Or A Fraud?

Binetrix is a definition of misleading. They trick you into leaving your information, contacting you and persuading you to invest your money.  Nobody controls these con artists!

Binetrix Software – How Safe Is The Platform?   

Unfortunately, we were not able to get access to their platform. What we found from their promotional video is that they offer a web-based trading platform. Which is, to be honest, quite mediocre.

Moreover, platforms like these could be used for manipulation. Data presented on the platform could be different from the real data on the market. Therefore, we suggest always looking for MT4/MT5 availability for better security.

Trader’s Reviews of Binetrix

We tried as well to look through other reviews of the company. On any forum we went to, we found mostly negative thoughts from people who were scammed by Binetrix.

At the moment of writing this article, there were 18 reviews on TrustPilot, one of the most relevant websites when it comes to user experiences. We saw 89% of the reviews were rated 1-star. That is more than enough for a conclusion.

Binetrix Range Investment Opportunities – Trading Instruments

According to their promotional video, they are offering instruments in 4 classes:

• Cryptos – BNB, ETH, LTC
• Indices – NASDAQ, DAX30, FTSE100
• Commodities – Gold, Oil, Platinum
• Stocks / BTC – Stocks / USDT

Where Does Binetrix Commit Fraud? – Countries Of Service

While doing Binetrix trading review, we established that they operate in countries like:

• Spain
• Netherlands
• Italy
• Denmark
• UK

Furthermore, we strongly advise you not to invest in the bogus brokers Vestapros, Auto FX Trade, and DotBig. If you want to save money, don’t trade with these unlicensed brokers!

What Are The Different Binetrix Account Types?

The company offers 6 different account types without any brokerage fees.

• Opening – 1.000 EUR minimum
• Horizon – 5.000 EUR minimum
• Heritage – 15.000 EUR minimum
• Fortune – 50.000 EUR minimum
• Great Fortune – 150.000 EUR minimum
• Infinite – 300.000 EUR minimum

Interest on these accounts ranges from 3-7%. There are no other trading conditions specified. We can assume that their goal is just to disappear after they take enough from you.

Minimum Deposit and How Do I Withdraw?

The minimum deposit is higher than usual – 1.000 EUR. You just need to have in mind that some regulated companies offer micro accounts for you to check how it all works.

Withdrawals are questionable. Binetrix is not licensed and they require an additional confirmation from their side once you make a withdrawal request. Moreover, they can make up any reason why not to pay out.

Bonus Policy

This is where it gets more interesting. Binetrix offers up to a 100% bonus on your initial deposit. You need to be careful with that because you need to reach certain profits with that to be able to request a withdrawal.

Most scamming companies tell you that you need to make 20 or 30 times more to get profits. If you want to get money out before that you need to pay a fee which sometimes reaches up to 30% of the required capital missing.

How Much Is Leverage, Spreads and Fees

Binetrix broker doesn’t offer any leverage information, spreads or additional fees. Any licensed company needs to have specified conditions for trading. That’s how you know what you are doing and that you have protection.

One of the most important parts of trading is trading conditions. There is no logic to invest in assets when you are losing more than you are gaining.

Scammed by Binetrix Broker? – Allow Us to Hear Your Story.

We already saw so many stories about people losing money with Binetrix. If you were one of those, let us know your story. It can happen to anyone and don’t think there is no solution.

Our expert team can show you the first steps in getting your money back! Get in touch today!

What Is the Chargeback Procedure?

Chargeback is a process where a client disputes the transaction after paying with a Credit/Debit card. After the chargeback process is completed, the amount paid should be reversed on the card that was used.

Two entities can start this procedure. It can be initiated by the merchant itself or the cardholder.

If you need assistance, let us know!

What Is Binetrix?

Binetrix is an offshore unlicensed trading company. They are using a mediocre web-based trading platform that is mostly manipulated to trick clients.

Is Binetrix a Scam Broker?

Yes. Everything about this company is poor. From website, trading platform, ownership information and regulations.

Is Binetrix Available in the United States or UK the?

The company offers services only to the UK and other European countries, but not to US clients.

Does Binetrix Offer a Demo Account?

We were not able to find any information about the Demo account. They don’t allow you to get access to the platform before you register.

In a short span of only three months, TraToro rebranded to Expotoro. Of course, we suspected that there might be a reason for such a change. And indeed, we found it in the form of a UK regulatory warning.

Read our detailed TraToro review to find out more about this unlicensed clone firm.

Is TraToro a Legit or a Scam Trading Company?

TraToro presents itself as a brand of eToro (UK) Limited. The company went as far as to add another firm’s registration number and FCA regulation to its website. Of course, this didn’t go unnoticed and has resulted in an official warning.

In June 2023, the UK FCA warned against TraToro, also known as Expotoro. According to their notice, the company falsely claims to be a part of a regulated brokerage, eToro. Just like AGM Markets, TraToro is abusing legitimate company for its illicit business.

If you want to start trading, we strongly advise you to check the regulatory database and confirm the broker’s legitimacy. This is not the first and undoubtedly not the last time we see a scammer exploiting a legitimate firm.

Where and How Does TraToro Find Its Victims?

TraToro is placing ads on social media such as Instagram, Facebook, and YouTube. The brokerage advertises as a regulated brand subsidiary and entices victims to sign up. Once you do, broker employees will constantly call, send emails, and WhatsApp messages persuading you to deposit the money.

The majority of the victims come from:

• Brazil,
• US,
• UK,
• Portugal.

The TraToro website, tratoro.com, was registered in March 2023. Their new domain, expotoro.com, is freshly made for scamming, with the registration date being the 2nd of June, 2023.

Trading Platforms and Account Types

Usually, Forex and CFD brokers compete for customers by offering a reliable platform and solid account types. In addition, many provide low fees and a low minimum deposit. Let’s see what you can get with TraToro broker.

TraToro Trading Software

TraToro doesn’t mention its trading software on its website. After we registered, we understood why.

The company only offers basic WebTrader with no special features. You won’t have access to many indicators and other research tools necessary for in-depth analysis. Instead, it’s better if you find an actually licensed company with MT4, MT5, or cTrader.

Account Types Choice

There are three different account types, each pricier than the other.

1. Green – 5,000 EUR
2. Platinum – 50,000 EUR
3. Presidential – 250,000 EUR

These are quite substantial amounts of money for an unregulated trading broker. In addition, the actual eToro requires $200, which is much less than 5,000 EUR. The accounts differ in terms of leverage, spread, and access to different educational materials.

Trading Fees and Leverage

The leverage for the Green account goes up to 1:50. However, the UK has a limit of 1:30 for retail traders. Additionally, the Presidential account has custom leverage, potentially even higher.

The spread starts from 3 pips, which is quite pricey. The industry average is 1.5 pips for EUR/USD benchmark. Other fees, such as swaps and trading commissions, are not listed, but we believe they’ll be high, just like the minimum deposit and spreads.

TraToro Customer Support

The TraToro Contact Us page is unavailable and shows error 404. Therefore, we’re unsure if and how you can get in touch with the broker.

Since their regulations are fake, so is the address they provided. It all implies that the company doesn’t want you to contact them. They want to take your money and vanish and surely don’t want you to find them.

Deposit and Withdrawal Policy

According to legal documents, the deposit can be made using the following:

• Debit/credit card – min. 250 EUR/GBP
• Wire transfer – min. 3,000 EUR/GBP

Similarly, the minimum withdrawal amount via bank transfer is 3,000 EUR/GBP, while there’s no minimum for a card withdrawal. The company doesn’t charge any withdrawal fees, but your bank may. However, they charge a dormant fee of 10% per month if your account has been inactive for over six months.

The company maintains the right to add additional clauses related to bonuses that would prevent withdrawals. Furthermore, it will take five business days to process the withdrawal request. And yet, it’s unspecified when the money should reach your bank account.

What Can I Do If I Was Scammed by TraToro or Expotoro Broker?

If you’ve been dealing with TraToro and cannot get a withdrawal, contact us immediately. Our chargeback experts will evaluate your case in detail during a free consultation and find a way to help.

Don’t let scammers keep your hard-earned money. Share your story today, and we’ll work on the recovery with you.

 FAQ:

What Is TraToro?

TraToro is an unregulated broker, a clone firm of eToro. If you have been involved with the company, let us know, and we might be able to assist with a refund.

Is TraToro a Scam Broker?

TraToro presents itself as part of eToro, which is false information. The company earned an FCA warning.

Does TraToro Offer a Demo Account?

No, TraToro doesn’t offer a risk-free Demo account for its customers.

ProfiTrade247 is a typical scheme brokerage. The firm blatantly disclosed that it operates within the European Economic Area. Yet, there’s no owner, license, or relevant information. Read our ProfiTrade247 review, and you’ll find it all out.

What About ProfiTrade247 Regulation?

ProfiTrade247 hasn’t mentioned an owner or a legal jurisdiction in any website section. Even the Terms and Conditions don’t provide any relevant details. There’s a statement, “The site operates under Profi Trade 24/7 brand name within European Economic Area.”

The EEA zone has some of the firmest regulators in the world, such as FCA, FINMA, CONSOB, and BaFin. However, ProfiTrade247 hasn’t obtained any of these licenses, probably for a good reason. They know they cannot fulfill any requirements since the website itself is fraudulent.

Why Is It Important For A Broker To Be Licensed?

Any broker that wants to provide legal financial services and ensure funds are safe has to have a license. The aforementioned Tier1 license providers obligate Forex firms to form compensation funds for reimbursing potential victims, and that’s sort of a money-back guarantee.

With schemes like ProfiTrade247, there are no guarantees.

Furthermore, we strongly urge you to stay away from�Invest Union LTD,�Clearpoint Fin�and�AreaTrading�fake brokers.

Is ProfiTrade247 A Legitimate Broker Or A Fraud?

ProfiTrade247 broker is a scam. The company has never disclosed owner and provides financial services without an appropriate license. The firm is banned In Russia for conducting scams.

ProfiTrade247 Warnings From Financial Regulators�

After many negative reviews and complaints, the Russian Central Bank has issued an official warning against the ProfiTrade247 broker.

The regulator has added its domain to the list of fraudulent trading websites and warned citizens not to deal with the scheme.

Traders Reviews About ProfiTrade247

ProfiTrade247 has many negative reviews. Clients who invested with the brokerage cannot get a withdrawal. In fact, this firm asks them to deposit more money for alleged bank fees and taxes, but they never get a penny back.

If you find yourself in this situation, you must consider a chargeback.

What Platforms Does ProfiTrade247 Offer? – Available Trade Software

If you want to invest with ProfiTrade247, the only platform that’ll be available to you is a basic WebTrader. It’s a typical TradingView chart with several indicators, definitely not worth your time or money.

If you’re considering investing, we always advise you to find a legitimate brokerage with MetaTrader as part of their offer. There’s no safer and better software than MT4 or MT5.

ProfiTrade247 Platform for Mobile �

The firm has a mobile app based on WebTrader. Login through mobile is possible, but there are no special tools either.

All About ProfiTrade247 Accounts

Clients can choose among 5 ProfiTrade247 account types, including:

• Beginner – 5,000 EUR
• Trader – 10,000 EUR
• Expert – 25,000 EUR
• VIP – 50,000 EUR
• Exclusive – 100,000 EUR

As you can tell, this brand tries to act as a boutique investment firm, accepting only high initial deposits and choosing its customers. To be such a reputable investment institution, ProfiTrade247 should think about regulations first.

Islamic Account

Besides regular accounts, this company provides investors with Islamic swap-free accounts.�

ProfiTrade247 Broker – Countries Of Service

The broker mainly operates in the EEA zone, as stated. The majority of victims come from Germany, France, and Austria. Besides, the scam targets Canadian citizens and Russia, so be well aware.

ProfiTrade247 Range of Trading Instruments & Markets

ProfiTrade offers trading with the following assets:

• Forex
• Commodities
• Indices
• Shares

There is no crypto, which is another significant disadvantage.

Also, remember the names of the trading frauds�ApexCrypt,�Swiss FX�and��Gravity Trade�trading scams and avoid them at all costs! Furthermore, before investing, always check the background of internet trading organizations!

ProfiTrade247 Minimum Deposit

There’s misinformation about the initial deposit. The main page suggests that the initial deposit is 250 EUR, while the company requires an exceptionally high initial deposit of 5,000 EUR if you believe the Account Type section. While regular brokers require $250 and legitimate firms offer Micro accounts with an initial investment of $10, this company asks you to risk money without providing any guarantees.

Details Of The Scam Bonus Policy

The entire charade is followed by a ridiculous Bonus Policy. Any client that accepts any bonuses from the broker cannot get a withdrawal before reaching a rollover of the bonus amount divided by four in lots.

Basically, if you get a $100 bonus, you’ll have to pay back 25 lots, meaning $2,5 million.

ProfiTrade247 Unfavorable Trading Conditions

There’s some confusion about trading conditions. At this point, it’s not even relevant since we believe you understand why not invest with ProfiTrade247. But let’s mention this issue as well.

High Leverage and Spread

The main page advertises leverage up to 1:200, while the Account Types section indicates that the most you can get is 1:50. Whatever the truth is, regulators in the EEA zone have a strict limit of 1:30 for the Forex market. There’s nothing on the spread.

ProfiTrade247 Deposit, Withdrawal Methods, and Fees

�ProfiTrade247 accepts several payment methods, including:

• Debit/credit cards
• Wire transfer

Besides, there’s nothing on fees or commissions.

The Payment Method Of Legitimate Brokers

Usually, legitimate firms allow investing with E-wallets like PayPal or Skrill. With this, you have a money-back guarantee for a few weeks, ensuring that you won’t be scammed. Of course, with ProfiTrade247, something like this is not possible.

Scammed by Invest ProfiTrade247 Broker? – Let Us Hear Your Story

If you were scammed by ProfiTrade247, let us know. We may be able to assist you with the chargeback procedure.

But What Is A Chargeback?

A chargeback is a way for your bank to recover the funds if you can provide sufficient evidence. Contact us via online chat to book a free consultation, and let’s get your money back before it’s too late.

What Is ProfiTrade247?

ProfiTrade247 is a fraudulent online trading brokerage banned in Russia.

Is ProfiTrade247 a Scam Broker?

The Russian Central Bank has banned this investment firm for fraudulent activities.

Is ProfiTrade247 Available in the United States or the UK?

The broker is available in the UK but not in the US.

Does ProfiTrade247 Offer a Demo Account?

Yes, the firm offers Demo and Live accounts.