This apparent fraud claims to revolutionize the way currencies, stocks and other instruments are traded. Assertions of high profit awaiting all members surely make inexperienced traders fantasize about investing here and getting rich quick. Sadly, the truth is not even close to how this fake broker dealer presents it.

Read this Revolution FSL review to learn to recognize unprofitable and false investment proposals.

Authorities Confirm Scam

Despite the claims presented by the Revolution FSL broker about their business being owned by a UK-regulated entity, this is not the real state of things. The site claims to be run by a company with the same name which is an entity regulated by FCA. At that, they’re also allegedly incorporated on SVG and the authority there doesn’t regulate securities dealers.

However, if you look closer at the FCA register entries, you will also find a warning about an illicit entity that’s trying to impersonate the licensed business. The regulated firm runs an entirely different website – revolutionfs.co.uk. In addition, this same false broker is also blacklisted by AMF (France).

Tauracapital is another illicit broker that shouldn’t be trusted, considering the funds deposited with that platform are in danger of being stolen. That’s why you should only invest with firms that can guarantee safety based on strict licensing and regulatory directives.

Appetite for Particular Audience

This shady trading scheme has been active since August 2023, which explains the lack of  Revolution FSL reviews. However, the fact that the conduct was blacklisted by FCA and AMF also explains which nations the swindlers are mostly focused on:

• France
• United Kingdom

Quick profits and lucrative but unrealistic trading conditions have always been used as baits for less experienced Forex investors. 

The goal that alleged trading experts and similar charlatans are trying to achieve is build trust with their targets. That is why con artists perfect the skill of impersonating regulated firms and acclaimed experts.

Leverage Fraud Also Present

Overly high leverage is extremely common with unscrupulous online trading portals. That’s why the maximum ratio allowed on this site is 1:1000. In addition, spreads are said to start at 1.3 pips on Revolution FSL Forex pairs which is not as competitive compared to industry powerhouses.

What is also noticeable is that other fees are mentioned but not clarified. For example, legal papers reveal that withdrawal fees and other similar charges do apply but they remain unrevealed.

Profit Can’t Be Acquired

There are so many issues with this platform, we don’t even know where to start. Is it the overly slow and complicated Revolution FSL login creation procedure? Or perhaps the fact that the user dashboard is inaccessible because the link to the client area is broken? This website is just a series of failures.

Unknown Software

It remains a complete mystery what Revolution FSL platform is. The website makes no mention of any trading technology present. After signing up for the platform we couldn’t open the trading room because the link to it is broken. Even the link is different from the firm’s and says “client.elvivainvest.com”.

Usually, online trading scams promote web trading solutions because they’re easily manipulated. Sadly, in this case, we could not determine if that much is even available. It could be that the firm supports no terminal at all.

No Assets Found

Here and there Forex trading pairs are mentioned along with stocks and indices. However, the platform is not present and there’s no comprehensive list of assets. It’s a question if the sloppy web presentation could be trusted even if they provided more details about supported financial products. 

Comparison of Packages

Aside from the different minimum deposit requirements, trading accounts sold by these schemers are the same. Basic trading conditions are set to default for every package. At that, no other features are even mentioned. That leads us to a conclusion that overpaying for these bogus trading benefits is not recommended. 

Here are the prices of each of the bundles:

• Lite – $250
• Standard – $500
• Plus – $1.000
• Active Plus – $5.000

Deceptive Educational Sources

Don’t be mistaken by thinking this broker can help you learn more and become a better trader. Their poorly designed educational materials only cover the very basics of Forex trading. These short articles are not at all informative or provide better insight into this complex and time-consuming matter.

Withdrawals: What to Expect

Legal documents do not disclose any particularly useful information regarding the Revolution FSL withdrawal. There’s a form uploaded to the site which users can fill in and send to the company in order to request a payout. 

The information that should be disclosed by the client relates to the bank details and some personal information. Unfortunately, nothing guarantees the request will be processed and completed, and not just denied like all fraudsters of this kind do.

How to Contact Client Help

The help desk is allegedly active around the clock and is there to support and advise clients in solving any potential issue. However, only the online form is supported as a way to reach out to the customer service office. Once we tried to send one in order to find out why logging in was impossible, our request never got answered.

Scammed? Recover Funds With Us!

Neroway and similar unscrupulous broker dealers are constantly coming up with more effective ways to drag you into their suspicious schemes and steal your capital. 

We’re here to help you fight the scammers and recover the funds they may have stolen from you. Contact us promptly and book your free consultation with our recovery specialists!

FAQ Section

What is Revolution FSL?

Revolution FSL is a blacklisted online trading portal that promotes quick gains and lacks Forex licenses.

Is Revolution FSL Legit?

No, this charlatan only wants to come off as legit by cloning a FCA-regulated company.

Where is Revolution FSL Located?

The website claims the firm is located in SVG and the UK. For help with fund recovery, please don’t hesitate to get in touch with our professional chargeback team.

While the corporate information about this entity does look convincing, there were minute details that simply did not fit the bigger picture. It was only after a careful scrutiny and meticulous investigation that we finally got enough proof to finally conclude we’re dealing with a hoax.

Our TrueEX review will tell you all about the dangers of clone companies, and how to avoid investing with online scammers.

Clone of a Famous Brand

The TrueEX broker is owned by an unscrupulous firm called TrueEX LLC (not to be mistaken with TrueEX Group). This unregulated firm claims to be operating out of Canada and that it is regulated by multiple financial authorities. Once we started investigating the claims about this alleged brokerage conglomerate, we only found several warnings. 

Apparently, ASC, IOSCO and CONSOB have all blacklisted this fraudulent operation for impersonating another company and for predatory tactics towards investors. The actual location of this company is not revealed, so you may as well avoid investing in their investment proposals as they’ll only leave you empty handed. 

Assuming Another Company’s Identity

The clone website hosted on the trueex.io domain is very young, created in March 2024. This explains the lack of any client feedback or TrueEX reviews.

Our web analysis tools determined that the con artists behind the domain focus on these particular areas:

• United States
• Canada
• United Kingdom
• Turkiye

Clone firms work by misappropriating not only the legal information about a regulated firm, but their entire corporate identity as well. In reality, the company works as a scam call center, and employs people known as “boiler room agents”.

These smooth-talking criminals will constantly pester their marks for as long as they can get any money out of them. When the victims stop cooperating, they are simply cut off. While the money may seem like it’s gone forever, it may still be recovered, so contact our expert team.

“Fee Schedule” Doesn’t Exist

Since the website is absolutely not transparent about various costs and fees, we tried finding some hints in the legal documents. There, it is said that there is a separate document called Fee Schedule, where all of the fees that company charges are revealed.

After looking for this mystery document, we found nothing. Therefore, all the deposit, withdrawal and trading fees are a complete secret. The same goes for the trading parameters, which remain unknown. Due to the absence of TrueEX regulation, you can expect to be charged insane amounts under various excuses which is something typical for DeCapitals, as well.

Types of Bonuses

Although various incentives are promised to clients, their amount or terms of use are not specified. For example, the company claims to offer a signup bonus, TrueEX bonus on deposit, loyalty bonus, as well as affiliate rewards. However, it remains a mystery how these are distributed and what are the withdrawal terms pertaining to these amounts.

Are Features Worth the Price?

The bogus trading firm will desperately try to convince you to open a new TrueEX login and invest in their staking plans or trading tools. However, these have ridiculous price tags that simply aren’t justified. That’s because financial schemers have nothing of value to offer. Consequently, investing with these portals leads to bankruptcy.

TradingView Charts for Bogus Portal

The schematic and simple TrueEX app is built around TradingView charting. That means that at least some of the data is accurate and there are default customization options available. 

Alas, that’s about as good as this rigged software can get. Besides the options to open and close positions, no other functions are allowed. There’s no complex analysis tools or addons that can help you make lucrative investment decisions.

Pushing a Fake Crypto Token

To attract the attention of younger investors, the company is advertising a so-called TrueEX crypto token.

This fake asset is used as a basis for a tie-in pump and dump scheme, and cannot be found on crypto tracking sites like CoinMarketCap.

The selection of instruments that are actually available is tiny:

• Forex – EUR/USD, AUD/CAD, GBP/CHF
• Cryptocurrencies – BTC, ETH, XRP
• Stocks – NVIDIA, Walmart, Pfizer
• Commodities – Gold, Crude, Wheat

Theft Through Expensive Accounts

The boiler room agents squeeze more money from the marks by pitching “more profitable” accounts as “upgrades”. To justify the higher costs, the company advertises better trading conditions, like larger bonuses.

These are the available trading accounts:

• Mini – $250
• Basic – $3,000
• Prime – $20,000
• VIP – $100,000

Let’s not forget that the firm also offers staking of their fake token. Note that the staking amounts are expressed in USD, rather than the proprietary token:

• Advanced – $20,000
• Premium – $50,000
• Exclusive – $100,000
• VIP – on demand

Withdrawals: How to and Issues

Only crypto currencies are found as the accepted payment method on this unscrupulous site. These are every scammer’s favorite, due to the option to keep their identity a secret while performing quick transfers. Such is the case with many offshore entities as well, CoinDeal being one.

That’s why we always advise our audience to opt for more transparent methods, such as credit cards. Established firms usually offer multiple choices when it comes to account funding and payouts. Frauds don’t. The aforementioned are just some of the potential troubles with the TrueEX withdrawal. Other obstacles include trading volume requirements and advance fees.

Contact & Address

All the contact details found on the company’s homepage are just invalid addresses and phone numbers. These solely exist to leave an impression on clients as if the business is actually credible or cares about their users. In reality, only the email address can be used to attempt and establish communication with the support office, but no one will reply to it anyway.

Get Your Assets Back!

If you have invested your hard earned capital into this scheme believing you will be earning something, we’re sorry to inform you that all your money is probably gone. However, you should not despair just yet. 

With the help of our legal professionals and chargeback experts, you might be able to locate your funds and identify the criminals that have taken it. That can prove of great value in the recovery process, so contact us for more details.

FAQ Section

What is TrueEX?

TrueEX is a fraudulent online trading brand that is trying to impersonate a famous US trading company.

Is TrueEX Legit?

There’s no evidence of this business being legit. As a matter of fact, they’ve even been blacklisted.

Is TrueEX Safe For Trading?

Since the regulators have confirmed this firm to be a scam, they’re not safe for investing. Contact us for more support if you want to take your funds back from these criminals.

This company does not have a large online presence, but it more than compensates for that with a very active boiler room. Their agents will have you believing you’re earning riches in a matter of days only to keep you complacent and investing ever larger sums of cash.

Unfortunately, the bubble will eventually burst, leaving you penniless. Read about fund recovery options in our iMarketLive review.

Not Subject to Oversight

This completely anonymous and unknown company doesn’t reveal where it operates from or any other relevant information pertaining to its business.

As a matter of fact, the iMarketLive broker seems utterly confused about their identity. While the trading domain is imarketlive.org, the homepage mentions another firm name – Option247 Tradebase. However, the alleged location on the maps reveals yet another firm – AdmiralTradeBase.

Either way, the iMarketLive regulation doesn’t exist, and it’s pretty clear according to the FCA, CONSOB and CBR warnings issued against this business. 

The broker only focuses on impersonating a reputable entity to rob clients. Don’t forget that many other frauds, Immediate Coraldex being one, tend to mimic professionalism and dedication just to gain your trust and access to your funds.

Unrealistically High ROI As Bait

The con artists would have you believe their company was created in 2012. In reality, though, the imarketlive.org website was actually launched in February 2024.

This hoax is mostly directed towards traders from the following regions:

• United States
• Germany
• United Kingdom
• Mexico
• Colombia

The majority of the victims were persuaded to invest by the boiler room agents. The deception revolves around the idea of a long-running financial company that uses tried and tested methods to generate unrealistically high profit. 

The fraudsters also claim to offer a money-back guarantee to instill a feeling of safety in their victims. Unfortunately, the swindlers steal any deposited money. However, it is possible to recover the funds, so contact our expert team for help.

Virtually Unknown on the Web

While there aren’t any iMarketLive reviews on popular rating platforms, the company did catch the eye of traders on the internet. Users of the Reddit forums have placed the company on a list of known frauds. The company can also be found on an additional board, which contains short articles that explain fraudulent strategies.

Legal Papers Not Found

There isn’t a single legal document that clarifies how the company charges for its services. Illicit platforms often claim that all of their services are free, but that makes no sense, especially since such ludicrous promises are sold by unregulated investment platforms like this one.

The user area only reveals a 2.1% fee charged on deposits via Paystack, but that’s about it when it comes to taxes and commissions.

What to Expect from Features

Registering for a new iMarketLive login is a relatively quick process that opens the way to the client dashboard. Here, we didn’t find anything particularly interesting or a tool we could consider valuable to invest in. There are only options to invest and withdraw, and the transparency and availability of these are quite questionable.

Where’s the Software?!

Although these charlatans boast about providing the ultimate trading technology and tools for facilitating investment, none of that could be found. 

The iMarketLive platform doesn’t exist anywhere on the portal. The website provides no download options and the user area contains no web trader. Simplistic web solutions are usually found on questionable sites and LumineTrade is one example of that.

In this case, users are apparently expected to hand their capital over to these schemers and wait for the promised returns. Nothing screams scams like something that sounds too good to be true.

Only Assets – Crypto Coins

Naturally, the spiraling success of digital currencies has undoubtedly attracted con artists. These fake investment advisors and financial gurus claim they can make anyone rich with their crypto investment options. The entire platform focuses on crypto—Bitcoin, to be specific. Not a single other instrument is mentioned.

Insanely Costly Plans

There are two different archetypes of iMarketLive account types, divided by the types of investment assets. Each plan is incredibly pricey, but it tries to justify the costs through huge ROI.

Nobody bothered to proofread the plan names, which tells you all about the quality of the service:

• Starter Plan – $1,000; 30%-40% ROI
• Master Plus Plan – $10,000; 40%-50% ROI
• Premium Plan – $20,000; 50%-60% ROI
• Ultimate Plan – $50,000; 60%-70% ROI
• Corperate Plan – $100,000; 70%-80% ROI

There are also cryptocurrency investment plans revolving around BTC. These have a gigantic entry threshold as well:

• Basic Crypto – BTC1; 65$-70% ROI
• Standard Crypto – BTC5; 70%-75% ROI
• Premium Crypto – BTC15; 80%-85% ROI
• Pro Crypto – BTC30; 90%-95% ROI

Rule-Breaking Funding Process

The fact that deposits are accepted via electronic wallets while all withdrawals are processed via crypto is an evident breach of antimony laundering laws. Furthermore, the company remains silent about the specific terms and rules pertaining to the iMarketLive withdrawal.

When urged to make a payment or a withdrawal in digital currencies, you should be aware that you’re probably being targeted for scam. Always opt for more transparent methods, such as credit cards, as they allow a chargeback.

No One to Complain to

If you’re unsatisfied with the service provided, well, tough luck, as the firm apparently doesn’t care. The provided contact channels (email and phone) do not seem to be operational. Either that or the customer service has decided to ignore each and every single support ticket they get from clients.

Get Your Money Back From Fraudsters!

This unregulated investment company has already been placed on numerous regulatory blacklists. While the large ROI may seem attractive, we advise our readers that this is the swindlers’ deception strategy at work.

Investing with this firm is strongly discouraged. If you have already deposited money to the iMarketLive trading fraud, contact our legal team. With our help, you may start the process of having your funds reimbursed. We are available 24/7 via the live chat.

FAQ Section

What is iMarketLive?

iMarketLive is a blacklisted online financial services provider that is untransparent and baits customers with high returns on investments.

Is iMarketLive Legit?

The company is not legit and has even been blacklisted by FCA, CONSOB and CBR.

How to Withdraw Money From My iMarketLive Account?

In order to issue a payout request, you first need to add a crypto wallet. However, if you’re having difficulties with the process, feel free to contact us.

Wibcoin exchange is one of those vicious fraudsters manipulating its customers with fake information. Starting with security, support options, and even basic conditions, nothing is real.

In general, whatever you look at on their platform, you can find some problems. Luckily, this unbiased Wibcoin review reveals all the issues traders can expect. But also recovery options in case you fall for some of their tricks.

Legal info: Is Wibcoin Legit Or A Scam?

One of the reasons to question the company’s legitimacy is transparency about legal information. This is especially important for all businesses that are involved in finances. Surprisingly, this company doesn’t reveal any registration details whatsoever. However, their T&Cs point out to a company named Wibcoin UAB. Firms with these extensions are usually registered in Lithuania.

However, Lithuanian databases don’t have any records of this firm being registered. Another entity mentioned is Bifinity UAB, which manages fiat payments. This firm is indeed registered regularly, but it only operates as a payment provider. All in all, Wibcoin remains anonymous.

Who are Wibcoin’s Victims?

Even though the company doesn’t reveal any foundation date, we can assume, based on domain age, that they were founded in 2014. However, with a lot of updates on the domain ownership, it’s hard to be sure. 

In any case, research shows that most of the company’s victims come from:

• United States
• Canada
• China

But what’s interesting is that there are no publicly available Wibcoin reviews. Yet, the company claims to have more than 20 million users worldwide. Fairly, some numbers simply don’t add up. 

To learn how to avoid such misleading details, make a note of our tips in Monetio and Revolution FSL reviews. Also, if any of these companies hold your money, contact us directly for refund assistance.

Leverage, Commissions, Spreads, Fees and Taxes

One of the leading causes of trading scams is hidden trading conditions. That’s also the case with the Wibcoin crypto exchange. Without transparent fees and commissions, traders can only expect manipulation around those. One way of avoiding such traps is simply choosing reputable, top-tier licensed companies.

Bonuses

Bonuses are usually a good way to motivate traders to invest. Whether in new coins, proprietary coins, or just to get started. Also, traders should remember that those amounts are very small in most cases. 

If the company offers you insanely high bonuses, be careful and make sure to read the withdrawal terms first, especially when the company doesn’t disclose any details, which is the case with Wibcoin.

Wibcoin Trading Features

Important to realize is that all the features within the Wibcoin app are restricted from the public. To get access to it, you must complete the sign-up process. But there’s a catch. The company requires an invitation code. This tells you they either get new users from fake campaigns or referral programs. In either case, it’s not good.

Trading Platforms Available

Similarly to all other exchanges, the platform is web-based. However, platform differences come from reliability, licenses, and transparency. Clearly, nothing that Wibcoin has. In any case, be aware of possible platform manipulation.

Available Trading Assets

Generally, the Wibcoin coin offer looks quite poor. With only a few dozen assets, they can’t compare to top-tier exchanges. In any case, the offer consists of: 

• BTC
• ETH
• XRP
• ETC
• LTC
• EOS and a few more.

Account Types

When it comes to finding your account, you may choose between a few options, although none of these are transparently presented to the public. Also, there are no specific requirements or special account types you can expect—at least not transparently.

Yet, you shouldn’t be surprised if the company offers you some VIP or Premium benefits at a later stage. Of course, with the idea of extracting more money from you,

Mobile Trading App

The company’s mobile app is one of the biggest scam signs besides Wibcoin withdrawal. They present it as being available in the AppStore and PlayStore. 

However, both options lead to a proprietary link for direct download. Also, the company presents us with an average rating of 4.9 and 19,000 reviews. Obviously, fake ones since nothing can be opened.

Demo Account

Generally, crypto exchanges won’t offer any demo accounts, even though the ones with leveraged trading should have them. Therefore, once you complete the Wibcoin login process, you must deposit money straightforwardly.

Education

The only way to be a profitable crypto trader is with knowledge. However, the Wibcoin exchange doesn’t offer any kind of education for its users. Fairly, this tells you how much they support their traders. It’s clear their goal is to make them lose and not make money.

Wibcoin Withdrawal

When it comes to withdrawals with Wibcoin, it’s a mission impossible. Fairly, with hidden policy and missing regulatory oversight, it’s hardly believable that you can get any money out. 

Not to mention, the company doesn’t reveal any fees, processing time, or methods. In the end, too many options for manipulation.

Customer Support

Another suspicious detail is the company’s support. With only e-mail and Telegram channels available, it’s clear the company has been hiding behind the keyboard. Therefore, if you need any assistance, don’t raise hope you will get it from them.

Key Information To Consider About Wibcoin

Regardless of all the features the company offers, we have to remember that it is not regulated. All features have restricted access, and the company hides trading conditions and, most importantly, legal details.

Practically, nothing is promising with this exchange. Hopefully, you will stay away from them. Yet, you have a refund option if you were already involved in their scamming activities. Whether you were sending money via card or crypto, our refund experts can help you track it down and apply for a refund. For detailed guidance, don’t hesitate to reach out to our team.

FAQ Section

What is Wibcoin?

Wibcoin is a fake crypto exchange that presents itself as a safe, reliable, and stable choice for digital assets trading.

Is Wibcoin Legit?

No. Wiboin company doesn’t have any DASP/VASP licenses to back up their fake services. If you were involved with this exchange, contact us immediately for refund assistance.

Where is Wibcoin Located?

The company’s address is unknown. However, their T&Cs reveal they might be registered in Lithuania.