Btec Global Detailed Review – Anonymous Firm Scamming Worldwide

Probably due to its reputation as the global financial base, many scam companies choose to present themselves as Swiss-based brokers. Btec Global is just one of many claiming to be the Swiss best and most reputable mining and investing company.

Read our Btec Global review and get all the details about the firm.

We also recommend staying away from scammers such as Opson InternationalTradingBloom or Cupiro.

Broker status: Unregulated Broker
Regulated by: Unlicensed Scam Brokerage
Scammers Websites: btec.global
Blacklisted as a Scam by: FINMA
Owned by: N/A
Headquarters Country: Switzerland
Foundation year: 2021
Supported Platforms: WebTrader
Minimum Deposit: $50
Cryptocurrencies: Yes – BTC, ETH, XRP
Types of Assets: FX, commodities, indices, shares, cryptocurrencies
Maximum Leverage: N/A
Free Demo Account: No
Accepts US clients: Yes

What About Btec Global Regulation?

Btec Global has presented a fake certificate at the bottom of the page, allegedly coming from Switzerland Trade and Enterprise Commission (STEC). However, it’s enough to say that such a regulator doesn’t exist, and the Swiss official authority body in charge of Forex and CFD trading firms is FINMA.

Also, we have nothing on the Btec Global owners, liquidity providers, banks, etc.

Why Must a Broker Have a License?

A broker must have a license to work according to rules and provide a safe trading environment. Besides, Tier1 regulators obligate firms to form compensation funds to reimburse potential victims, which serves as a money-back guarantee.

Since Btec Global is based in the Tier1 zone but hasn’t gotten a license, we can conclude it’s a fraudulent firm after the clients’ money and will probably vanish after reaching the goal.

Btec Global Warnings From Financial Regulators

Since the firm is allegedly Swiss-based, the regulator of this country issued an official warning. According to FINMA, Btec Global is an unregistered domicile and has no authorization to provide financial services. 

This means you can quickly become a Btec Global trading scam victim.

Traders Reviews About Btec Global Scam

Traders have filed many complaints against Btec Global, but you could never say that if you check reviews. This firm has a solid rating on Trustpilot, thanks to the fake accounts they use. Many offshore firms have the same tactic – creating accounts especially for praising their company so that they could gain more customers. 

We believe that the FINMA warning says enough about who the trading company really is.

Btec Global Trading Scam – Where Is The Broker Mainly Active?

Btec Global mainly operates in:

  • Italy
  • Nigeria
  • US
  • Germany

Since there are no restricted countries, we advise you to be cautious and not take any offers from this unregulated firm.

Supported Trading Platforms – Available Trading Software

Btec Global pays almost no attention to one of the important questions – the trading platform. Since you cannot have any success without proper trading tools, charts, and indicators, we were surprised to see the lack of details. Based on our review, the broker offers WebTrader that looks rather simple and has no EAs, social trading, or similar advanced features.

While leverage and spread are nowhere to be found, the firm promises ROI and claims to offer crypto mining and share portfolios along with regular investing.

In addition, we strongly advise you not to invest in the scam brokers VNSmartXpoken and EUFinance.

Everything About Btec Global Trading Accounts 

There are 5 Btec Global account types.

  1. Crypto Plan – $50, ROI 2% daily
  2. Premium Plan – $1,000, ROI 3.9% daily
  3. Forex Plan – $5,000, ROI 4.5$ daily
  4. Stocks Plan – $20,000, ROI 7.5% daily
  5. Petroleum Plan – $30,000, ROI 50% monthly
  6. VIP – $15,000, ROI 10% in 24h

While these plans look rather odd, it seems that the company promises a return on investment, as used to be the case with binary options. And that was a reason for this investment type to be banned in the EU and UK in 2018. No investment firm can guarantee profits, so don’t fall for this obvious scheme.

Btec Global Range of Trading Instruments & Markets

The broker says to offer the following trading instruments:

  • Currency pairs
  • Commodities
  • Indices
  • Shares
  • Cryptocurrencies

Besides standard investing, the firm allegedly offers crypto mining and a share portfolio.

Btec Global Deposit and Withdrawal Methods

Another proof that the trading company is a scam is the fact that the firm accepts only crypto deposits. You’re prompted to transfer your funds to the company’s wallet, and only then can you start trading. Besides, you’re given bonuses on each deposit, but no Bonus Policy will explain the terms.

When it comes to withdrawals, there’s nothing on the broker’s website besides the fact you can withdraw your funds only via crypto. This lack of information is just another red flag in the long line of red flags.

Scammed by Btec Global Broker? – Tell Us Your Story

If you were scammed by Btec Global, let us know. Our recovery experts will hear you out and suggest the best way to get a refund upon the evaluation of your case. Sometimes it will be a chargeback, sometimes a recall, or something else, but we will do our best to assist you with the matter.

But What Is A Chargeback?

This is a way for your bank to recover funds from the merchant. Don’t waste time; act now. Book a FREE consultation, and let’s get your money back before it’s too late!

What Is Btec Global?

Btec Global is an online Forex and CFD trading provider with no license.

Is Btec Global A Scam Broker?

The trading company was blacklisted in Switzerland for fake regulation and fraudulent activities.

Is Btec Global Available in the United States or the UK?

Btec Global is available in both the UK and the US.

Does Btec Global Offer a Demo Account?

There’s no Demo account with Btec Global, so clients will have to invest the money first.

BE22 Review – Broker Is Virtually Anonymous

We stumbled upon BE22, a sophisticated scammer running amok online and trying to defraud central European traders. This vile scheme must be stopped and we intend to do that in a written analysis – the BE22 Review. Read carefully and learn the truth behind this fraudulent brokerage.

Furthermore, we highly recommend that you avoid the scam brokers Honest Capital, GCB London, and Invest505.

Broker status: Unregulated
Regulated by: Unlicensed brokerage
Scammers Websites: Be22.Com
Blacklisted as a Scam by: N/A
Owned by: N/A
Headquarters Country: N/A
Foundation year: 2022
Supported Platforms: WebTrader
Minimum Deposit: 250 $
Cryptocurrencies: Yes – Bitcoin, Ethereum & Litecoin
Types of Assets: Forex, Crypto, Indices, Stocks, Commodities
Maximum Leverage: 1:600
Free Demo Account: Unavailable
Accepts US clients: No
Site Grid: N/A

Does BE22 Have a Legitimate Forex License?

It’s impossible for BE22 to be licensed because we don’t really know anything about the provider. Where is it from? Who runs it? Address & phone number? Nothing. This broker will surely use all the possible means and lies to reach its goal while hiding in the shadows.

Therefore, we strongly advise you don’t trust this Machiavellian broker. If it were licensed, that would’ve been displayed upfront.

Why It Is Better Not to Choose An Unlicensed Broker

Knowing under which jurisdiction your broker operates is useful. You can then learn about the benefits of trusting that entity with your funds. For example, UK and EU providers must have compensation schemes for clients, as well as negative balance protection and segregated bank accounts.

Furthermore, there’s a necessary minimum operating capital (i. g. 730,000 GBP in the UK) and leverage restriction for retail clients (1:30 in the UK & EU) required by the respective regulators. Now that’s a broker worth your investments, not the shady and unregulated BE22.

So Is BE22 a Decent Broker or a Scam?

BE22 is an anonymous and fraudulent broker that claims to offer Forex, CFD and crypto trading on a web-based platform. This provider engages in fraud in Germany, Poland, Latvia, Lithuania and the Czech Republic.

BE22 Software – How Safe Is The Platform?

To pick up where we left off, given BE22’s illicit legal status, everything else that the broker offers is dubious as well. One such aspect is the trading platform. Especially this particular one, which is accessed via a browser.

Scammers are known for manipulating their trading platforms. They design them to show fake trading parameters such as inaccurate charts, indicators, and illusive profits. Leverage and spreads could also be fabricated. 

For that reason, it’s best you find a licensed broker that offers a more advanced platform such as Meta Trader 4 or Meta Trader 5.           

BE22 WebTrader

As we’ve mentioned, this poor-looking platform is pretty lackluster. It might be good for beginners due to its simple charts, indicators, and calendars, but when you add to that unfavorable trading conditions such as high leverage and commissions, newbies will have a hard time.

More seasoned traders will find this platform boring since it doesn’t offer algorithmic trading, live market reports, API integration, or branch optimization like the aforementioned MT platforms.

BE22 Range Investment Opportunities – Trading Instruments

We hope by now you’ve realized why trading with this broker is extremely dangerous, but if you’re still willing to risk it, here’s a list of available trading instruments:

  • Forex currency pairs – EUR/USD, AUD/NZD, JPY/CHF…
  • Indices – S&P500, NIKKEI225, US100…
  • Commodities – gold, platinum, crude oil, corn, wheat…
  • Stocks – Lloyds Bank, Ikea, BMW, Microsoft…
  • Crypto – BTC, ETH, LTC…

Where Does BE22 Engage In Fraud? – Countries Of Service

Based on our research, BE22 is particularly interested in Central European as well as the Baltic countries. Here’s where the financial swindler is engaged in its fraudulent activities:

  • Germany;
  • Poland;
  • Latvia;
  • Lithuania;
  • Czech Republic.

Of course, BE22 is not regulated by any of the mentioned countries’ market authorities. On similarweb.com, we found that the fraudster was also active in Bulgaria in November 2022.

​​What’s more, we strongly recommend that you avoid the fraudulent brokers Golden Bridge Capital, AllCryptoCapital, and ProgresiveTrade.

What Are The Different BE22 Account Types?

When it comes to different account types, BE22 offers a total of six:

  • Simple – 250 $;
  • Smart Start – 750 $;
  • Complete Package – 2,500 $;
  • Gold – 5,000 $;
  • Platinum – 15,000 $;
  • VIP – for exclusive clients only.

Well, that’s pretty vague. BE22 only listed the prices without trading conditions and other perks. That didn’t surprise us much. Besides, the numbers you see are actually what the unscrupulous broker is after. Once you deposit it, the con artist will instantly cease communications and vanish.        

Demo Account Opening

There’s no free demo account. A huge red flag in our eyes. BE22 seemingly invites you to see the trading platform and leads to the registration menu. There, you have a promo code option, which is another shady method that scammers often use.

Bonuses – Is it Possible to Withdraw the Deposit Bonus?

Did you know that brokers are banned from issuing bonuses? Yup, top European regulators made it clear that there shall not be any ‘special incentives’ because they often ended up doing clients a disservice.

For example, a broker gives away a hefty bonus but conditions the trader with a clause that requires him/her to reach a high trading volume before being eligible to withdraw funds. BE22 did this too, but the volume stated isn’t as high as some scammers put it.

Nevertheless, it can still be used against traders. We also found this – BE22 lied about offering commission-free trading. In the T&C section, the fraudster mentions a clearance fee that will make traders’ lives a nightmare. Add to that the bonus policy and you’ve got a blockade of the funds.

Leverage, Spreads, and Fees

Leverage goes as high as 1:600, which is overwhelming. In Europe, the cap is 1:30 for retail clients. Significantly higher levels such as this one will surely bear losses.

BE22 said there aren’t any fees but we already proved that was a lie. The one we found is extremely unfavorable and unprofitable. Spreads are really tight, but that’s irrelevant at this point due to high fees and leverage. Winning here is impossible.

Minimum Deposit and How Do I Withdraw?

The minimum deposit is 250 $. Scammers’ favorite number, without a doubt. Don’t risk it, dear trader. All transactions are subject to an insane fee of 3.5%, a minimum of 30 $. As for the payment methods, BE22 mentions the following:

  • Credit/debit cards;
  • Wire transfers;
  • OK Pay.

Scammed by BE22 Broker? – Allow Us to Hear Your Story

That’s pretty bad. We feel for you and that’s why we want to help as much as possible. We can offer you advice and consultations so don’t hesitate to give us a call.

Before we end the review, here’s a concise explanation of possible refund methods. We hope you find this helpful.

What Is the Chargeback Procedure?

  • Credit/debit card transactions can be reversed via chargeback.
  • It can be requested at the issuing bank within 540 days.
  • Wire transfers can be reversed via recall but only if the transaction is incomplete.
  • If you’ve deposited funds via e-wallet, you’ll have to contact the issuing company and get familiar with the next steps.

Here you can book a free consultation and find out what to do for a start.

What Is BE22?

A completely anonymous and fraudulent broker that allegedly offers Forex, CFD and crypto asset trading.

Is BE22 a Scam Broker?

Undoubtedly. BE22 basically did everything a legitimate broker shouldn’t do. No transparency, address, leverage restriction, etc.

Is BE22 Available in the United States or the UK?

The unscrupulous broker accepts traders from the United Kingdom but not those from the United States.

Does BE22 Offer a Demo Account?

No. There’s no demo account and no trial account. You cannot even see the trading platform. All we found was a promo code.

BullishFX Review: Learn More About This Scam Broker

BullishFX broker is one of those that is mastering their hiding skills. It’s highly unreasonable to do so when you are about to gain a trader’s trust. In addition to that, this broker doesn’t reveal any ownership, location, or contact information. With this in mind, we should be very careful with this broker.

For reasons why not to trust such brokers and what to look for in a broker, read this detailed BullishFX review.

Also, avoid the trading frauds Polarbtc, Volofinance, and Skilling at all costs! Moreover, before investing, always look into the past of Internet trading firms!

Broker status: Unregulated Broker
Regulated by: Unlicensed Scam Brokerage
Scammers Websites: Bullishfx.co
Blacklisted as a Scam by: N/A
Owned by: N/A
Headquarters Country: N/A
Foundation year: 2020
Supported Platforms: MT4
Minimum Deposit: N/A
Cryptocurrencies: No
Types of Assets: Forex, Precious metals
Maximum Leverage: 1:500
Free Demo Account: No
Accepts US clients: Yes
Site Grid: N/A

Is BullishFX a Scam Broker Without License?

Not only that they don’t have any licensing, but also don’t have a headquarters country. It is most probably some offshore company where licensing is not required at all. For security reasons we had to check some Tier 1 regulators, to be sure about this broker. As expected, checking databases of FCA, BaFin, and ASIC was on point. BullishFX trading company doesn’t have regulations with any of those.

With this in mind, you already know that your money is at extreme risk here. Any deposited funds go directly into the broker’s pocket. Invest your money wisely and not with these swindlers!

Whatever you are looking for, you won’t find it with this broker. From licensing, contact information or ownership information. They lack everything. Moreover,  they don’t provide anything competitive. So, forget about this one and start looking for a better broker on time.

Trading Platform and Other Apps on BullishFX

One of the key points of trading is the trading platform. It is required to be reliable, trusted, and highly efficient. But sometimes even shady brokers can provide a trusted platform. This is the case with the BullishFX broker. However, the BullishFX reviews wouldn’t say that trading is secured here.

MT4 Platform

Surprisingly, this broker provides the industry-standard platform Meta Trader 4 (MT4). The platform itself provides a vast of trading options, indicators, and advanced features. Even though it is considered a safe platform, sometimes shady brokers grant access here. In this case, it is another mystery about this broker. Since, after registration, we couldn’t pass a login screen. Another red flag for this broker.

MT4 is overall available on all devices. It is considered the best platform for beginners due to its very user-friendly design. However, some shady brokers tend to manipulate those platforms as well. They make traders believe in fairy tales by changing info on the platform. On the contrary, money that traders deposit as result, go straight into scammers’ pocket.

BullishFX’s Trading Assets and Instruments

Yet, another disappointment comes from trading instruments available. Firstly, they don’t provide any competitive instruments like crypto or stocks. Secondly, trading conditions with those available are not favorable for traders. But let’s take a closer look.

This broker offers only:

  • Forex – USD/JPY, AUD/NZD, EUR/SGD
  • Precious metals – Gold, silver

Above all, they only limit traders to trading with gold and silver from commodities. Which is quite ashaming.

BullishFX Countries Of Service

If you take a look at any BullishFX review you can realize a pattern. They are scamming traders from:

  • Philippines
  • United States
  • Indonesia

Considering the United States’ strict regulations, we don’t doubt this broker will be exposed soon. Considering their quite anonymous and poor presentation, any country is their possible target.

What Are The Different BullishFX Account Types?

Another key point is BullishFX’s offer. Account type offers are quite poor as anything else related to this broker. Not only poor but non-existent. Traders can’t see what exactly this broker offers. In general, whatever this broker would offer is questionable. This is just another scam broker whose only goal is to extract from traders as much as they can.

Can a Trader Use a Demo Account?

We didn’t expect a broker like this to offer a demo account. As expected, on their website you can’t find anywhere option to open a demo account. While with some top-tier regulated brokers, you can get both micro and demo accounts. Especially through the MT4 platform. Therefore, it’s another reason why not to trust this broker. Maybe try your luck somewhere else.

Terms and Conditions for BullishFX – What You Should Know

Important to realize is that this broker doesn’t have precise T&Cs. Moreover, they don’t have negative balance protection. That is extremely dangerous because they can debit your trading account. As the company states, they can charge any fees from your trading account balance. However, if there are insufficient funds, you will be in debt.

Have in mind that many Tier 1 licensed brokers are obligated to provide a negative balance feature. Moreover, this broker doesn’t reveal any of their funding methods. As a result, there is a high chance you will be pushed into something that is not secured!

Leverage, Spreads, and Fees

As for trading conditions, those are quite uncompetitive. With leverage up to 1:500, all trades are very risky. One short swing of the market can wipe your account out. Important to realize is that spreads remain unknown with this broker. Same as fees. So, traders can expect the unexpected. A safer option is to look for a Tier 1 regulated broker and open your account there.

BullishFX White Label Partner Program

White label program enables other companies to use BullishFX technology for trading. They present themselves as better quality service, secure and reliable. This is not the case, given all the facts presented in this BullishFX review. The only goal of this program is to extract leads from other companies and lure them into this scamming net.

Scammed by a BullishFX Broker? – We Want To Hear Your Story.

Not all hope is lost. Share your experience with the BullishFX broker here. Our specialized fund recovery team can assist you through the chargeback procedure steps. Don’t let these guys get away with your hard-earned money. Contact us today to start your chargeback process!

What Is the Chargeback Procedure?

It is a money reversal transaction. Often performed on debit/credit card transactions. Your money is traced and sent back to the cardholder’s card. Let our fund recovery team do the hard work for you. Get back to us now and book your free consultation!

FAQ

What Is BullishFX?

This is just one more anonymous broker that provides FX trading services without any credibility.

Is BullishFX a Scam Broker?

Absolutely. Not only that they don’t have any license, but also no headquarters country, contact information or anything else necessary.

Is BullishFX Available in the United States or the UK?

This broker offers services to United States traders, but not the UK ones.

Does BullishFX Offer a Demo Account?

Not only that they don’t offer a demo account but not even live trading accounts.  Their offer depends solely on the agents you are working with.

BoldPrime Broker Review: Unveiling the Trading Platform and Tools

BoldPrime broker is a new broker on the financial market, but it already dragged a lot of attention. There are many reviews by users stating that they cannot withdraw the funds from this company. If you have similar issues, then this BoldPrime review is for you.

Regulated by: No regulation
Headquarters Country: Saint Vincent and the Grenadines
Foundation year: 2021
Supported Platforms: MT4, MT5
Minimum Deposit: $15
Types of Assets: FX, commodities, indices, stocks
Maximum Leverage: 1:1000
Demo Account: Yes

BoldPrime Regulation and Security

The brand is owned by BoldPrime Ltd, based in Saint Vincent and the Grenadines. The company has no regulation for its operations, meaning that it’s not safe to trade with. We’ve checked the website, and there are many bold statements about being the best forex and CFD broker out there. Yet, if you want to be the best, you should at least inform your clients where their funds are held, and are they safe. BoldPrime for sure has only that, bold statements.

Can I make money with BoldPrime?

Question of all questions – can you make money with a broker? This is the main reason you’ve come to trade. To make some profit and withdraw it. Now, when it comes to unregulated offshore brokers, the situation is a bit complicated. Since the broker does not have anyone above who would control its actions, they practically feel free to scam people. In some cases, you might see the profit on the platform itself. But withdrawing this profit is another story.

The broker claims to offer a Demo account where you can test everything, but in order to do that, you need to provide all your personal details and submit documents, which means that you need to expose your data just to see if you want to start trading or not. This shows you how the company operates.

Also, there are many negative BoldPrime reviews from clients saying they couldn’t withdraw their profits. 

The leverage broker provides is exceptionally high, 1:1000. Usually, European and Australian regulatory bodies limit the leverage to 1:30, while Canadian and US bodies allow 1:50. Yet, this is very far from 1:1000, which puts your money at tremendous risk. Therefore, it’s most likely that you will lose your money with BoldPrime than make some. Not because of you, but because of the broker’s unreal offer.

Scammed by BoldPrime?

If you were scammed by BoldPrime company, there is a possibility to get your money back. You need to file a dispute and request a chargeback. Contact our support team via chat and book your free consultations. Let’s stop wasting time and actually get your hard-earned money back!

What is BoldPrime?

BoldPrime is an online trading platform without regulation, and it’s based offshore.

Is BoldPrime a Scam?

BoldPrime broker has no regulation, and it’s not safe to trade with it.

Is BoldPrime regulated?

No, the broker does not have regulation from any regulatory body.

Are Funds Safe with BoldPrime?

Since the broker has no regulation, your funds are not safe with BoldPrime. Be aware of the risk!

MB Coalition Review – Fake Details, No Protection and Low Trust

Anyone can notice very quickly that the MB Coalition broker doesn’t reveal any ownership details. Neither do they mention anywhere details about licensing. Yet, this freshly registered trading firm expects you to trust them with your money.

In general, there are many features that don’t add up with this company. But to learn how to recognize those in the future, read our MB Coalition review carefully.

Regulated By: No Regulations
Is This Company Safe? No
Known Websites: Mbcoalition.com
Have Warnings From: N/A
Registered In: N/A
Operating Since: 2023
Trading Platforms: MT5 (allegedly), proprietary app
Maximum Leverage: N/A
Minimum Deposit: N/A
Deposit Bonus: Not available
Trading Assets: Cryptos, Forex, Metals
Free Demo Account: Not Available
How To  Withdraw From This Company? Without a transparent withdrawal policy or regulations, you can expect a variety of withdrawal problems. But in those cases, you can contact our refund specialists for advice on further steps.

Legal Info: Is MB Coalition Legit Or A Scam?

One of the leading scam signs is the missing regulation. To make sure we can’t trust this broker, we researched the main top-tier regulators, such as FCA, BaFin and ASIC. Yet, none of these held any details about this broker.

With this in mind, you know that none of their features are trusted anymore. Nevertheless, the company barely offers any. Most importantly, they are missing segregated bank accounts for deposits and compensation schemes.

Who Are MB Coalition’s Clients?

Analyzing MB Coalition’s domain on whois.com shows us that this company is a new one. Since May 2023 they managed to expand all across the world. But primarily, they are scamming traders from:

  • Indonesia
  • Japan
  • United States
  • Thailand
  • Myanmar

 What’s your experience with this company? Leave a comment below or contact our refund experts directly.

Investment Costs With MB Coalition

Another clear warning sign is that the company doesn’t reveal any fees or trading costs. Without it, the company can make up any costs and prevent you from withdrawing the profits. Generally speaking, not something that traders are looking for.

Regardless of transparency about it, the broker is not regulated. So, anything they say is questionable. Another proof of that you can see in our LQDFX review.

Bonuses

Bonuses are one of the easiest tricks to make traders deposit money. In general, they think they are getting free credit. But, the situation is mostly different. 

The broker gets your money and you can’t withdraw any. Thus, the MB Coalition scam broker currently doesn’t reveal any details about bonuses.

MB Coalition Trading Features

MB Coalition broker has quite an interesting offer. Overall, everything is played around cryptocurrencies. But also, they claim to offer MT5 for forex trading. Also, there are a few other options like perpetual contracts, mining and delivery contracts.

Available Trading Assets

The whole list of potentially available assets is visible on their website. Yet, without regulations everything is suspicious. Anyway, the company offers: 

  • Forex – USD/GBP, EUR/USD
  • Metals – Gold, Silver
  • Cryptos – BTC, ADA, DASH

Account Types

Important to realize is that MB Coalition doesn’t reveal any account types, not even the minimum deposit requirement. Therefore, all traders get the same shady conditions to work with. On the other hand, nothing is stopping you from choosing a transparent and licensed broker.

Mobile Trading App

In fact, MB Coalition broker does offer a mobile app. But their website information doesn’t match the ones on the PlayStore.

Firstly, the app is only available for Android. The company claims to have more than 10,000 downloads. Yet, PlayStore reveals there is only a bit more than a hundred.

Demo Account

There’s nothing better for testing the software than a demo account. Yet, this scam broker decided not to offer it. Is it to hide some of the flaws or to have the advantage of pressuring traders, you decide. In any case, a demo account is an advantage and you can see why in our Neo Omatic review.

Education

Education is the key in the trading world nowadays. Even though MB Coalition has some tutorials, that’s not enough for beginners. If you try to compare it with any Tier 1 licensed broker, you will see the difference. This broker is missing a lot.

MB Coalition Withdrawal

Here comes the most interesting part. MB Coalition withdrawals are the most suspicious part. In general, many parts of their website require registration. The same works with the withdrawal policy, which could also be fictive. 

In any case, the company doesn’t reveal withdrawal methods, fees or processing time. Therefore, prepare your nerves for trouble.

Customer Support

Not only you will need strong nerves for withdrawals, but also for their customer service. It’s quite poor and they offer only a live chat. Even though it might sound convenient and fast, they can ignore you heavily.

Especially if you are looking for your money. At the same time, this feature keeps their anonymity on the highest levels.

Key Information To Consider About MB Coalition

Primarily, there is nothing positive about this broker. Starting with missing regulations, low transparency and a non-existent withdrawal policy. Everything smells like a big scam. Therefore, it’s important to report them to domestic regulators. But let’s get back to why you are here. Everyone wants their money back.

If you are looking for alternative refund methods, you are at the right place. Our specialists can guide you step-by-step and advise you on the refund process. Whether you need CipherTrace for crypto or chargeback for card purchases. Book your first free consultation now!

FAQ Section

Who Is MB Coalition?

MB Coalition is an anonymous FX and Crypto broker with unknown ownership and headquarters.

Is MB Coalition Regulated?

No. The company doesn’t have any regulations which makes them even more suspicious.

Is My Funds Safe With MB Coalition?

Definitely not. The company is absolutely non-transparent. Therefore, if you experience any withdrawal problems, don’t hesitate to contact our refund specialists for help.

StreakPips Review: Investment Trap Makes You Regret Every Crypto Deposit Ever

StreakPips is ensuring their customers that their only and main goal is providing excellent investment opportunities to all blockchain investors. 

You see, they present themselves as one of the most lucrative investment management companies. StreakPips wants customers to believe they are a good samaritan that just wants to share their enormous profit fairly with their clients.

Coming from a virtually anonymous company that uses stock photos to introduce their management team makes us reluctant to believe such statements. The website itself uses a skeleton structure copied from numerous other sites, and they didn’t even bother to remove another company’s logo from most of the pages. 

Our StreakPips review will show you what this sham is all about. 

Regulated by: Not regulated
Is This Company Safe? Unregulated firms are often offshore scams!
Known Websites: https://streakpips.com/
Have Warnings from: N/A
Registered in: N/A
Operating since: 2023-03-02
Trading Platforms: Web trader
Maximum Leverage: N/A
Minimum Deposit: $5,000
Deposit Bonus: N/A
Trading Assets: Crypto, Forex
Free Demo Account: Not available
How to  Withdraw from This Company? Withdrawals are reluctant without legal help!

Is StreakPips Legit?

StreakPips is so new and anonymous, you can’t find any useful information about the company’s online presence. The website owners were smart to omit any practical information about their conduct. So there’s no address, phone number or anything of use. 

The Terms doc mentions English court of law as the one governing their activities. However, FCA, the UK’s leading financial regulator doesn’t have info on StreakPips. Other Tier 1 regulators are also unfamiliar with the StreakPips website, like CySEC, CONSOB, BaFin and NFA. 

This leads us to believe StreakPips Ltd is a fraudulent entity without segregation of funds implemented or any other security standard. Their anonymity has obstructed us from finding out concrete trading conditions, but we implore you to remember that the maximum leverage in the UK is set to 1:30 (1:2 for Crypto). Negative balance insurance and compensation funds are mandatory, while bonuses are banned.

StreakPips confidently breaches all known regulatory rules, just like their scammer colleagues – Boston Mex and others. 

Who Does Streakpips Pry On?

We can confidently claim that not a single crypto investor is safe from this faux financial services provider. Victims have appeared from most various and in nohow related countries:

  • United States
  • Nigeria
  • Greece

By acting like the most profitable and advanced brokerage and crypto investment platform, StreakPips captures the attention of newbie traders easily. The point is to offer facilitation of trading and enough support to make inexperienced investors feel at home. Advertised services do not exist and all the investments end up straight in the scammers pocket. 

We’d like you to always pay close attention to what the broker offers and report what you find suspicious. If you need legal help in restoring scammed funds, please contact us immediately.

What Do Traders Have To Say?

Given that  the company was formed less than six months ago, they’re still new and unknown to many. We certainly hope it stays that way. However, that’s a reason why StreakPips isn’t that known online and there aren’t many reviews left. 

The ones you can find though, are all negative. Every single rating StreakPips has gotten is low. Here’s what one victim has to say:

“He scammed me into putting 20k into this forex platform and once my trading period was done I made 300k of profit then they charged me withdrawal codes which was 15% of my profit but I had to pay out of pocket then after I was done paying for my withdrawal code I still couldn’t make any withdrawals because they charged me a tax fee of 28k which again I have to pay out of pocket and that’s how I knew it’s a scam.”

How Much Do StreakPips Services Cost?

The StreakPips website isn’t clear about a single cost of their questionable services. The bogus software doesn’t reveal leverage and spreads. On the other hand, the Terms doc mentions several fees but not their amount. We only ever found out about the trading signals fee, trading fee, and the tax on bonuses.

Fake Platform Instead Of Reliability

The StreakPips platform is a sloppy terminal consisting of the TradingView widget and a buy and sell function. It doesn’t really perform or show functionality in any way. Such bogus software is quite common to find among cyber thieves of all kinds, Poloniex included. 

Instruments Advertised

We do not believe actual trading could be done at StreakPips.com. If they were a reputable company, they’d pay for a decent website, not clone eToro and not even remove the watermarks. Instead, they should have worked on their offer more. The single instrument classes available are: 

  • Forex (EUR/USD, USD/CHF, EUR/GBP, USD/JPY)
  • Crypto (BTC, ETH, LTC, XRP, DOT, ADA, DOGE, ZEC)

Overpriced Investment Plans

The deception goes even further in this aspect. Investment packages are several, but you will never find anywhere what they include. The only information we got on them are the costs:

  • Bronze – 5,000 USD/EUR/GBP
  • Silver – 10,000 USD/EUR/GBP
  • Gold – 20,000 USD/EUR/GBP
  • Titanium – 50,000 USD/EUR/GBP

 Affiliate Campaign

Why not help StreakPips add several more victims to the financial slaughter? They will even promise you a clear profit of 10% on every deposit your referrals make. All utterly fake and improbable, it just serves for the scammer to gather more victims and without practically any effort invested into it. 

StreakPips Withdrawal Being Impossible

Let’s get this straight: StreakPips is not what they claim to be. Being nothing but an unscrupulous investment scheme, they do not operate to bring you fortune. The sole reason for their existence is to rob you down to the very last penny. That’s why they only have crypto funding available, and no information about the transaction costs. 

For these swindlers, it’s only natural to charge insane commissions and taxes per each withdrawal and still freeze your funds without a chance to get them back. In that case, legal help is mandatory if you wish to get ahold of your capital again.

Does Customer Support Even Exist?

Quite a possible state of things is that containing StreakPips is improbable. The two generic emails no one ever opens and the online form that goes into thin air do not provoke trust. The scam victims are right to claim the customer service at StreakPips.com doesn’t virtually exist.

Get Help Promptly!

While it may seem impossible at first, getting back what is rightfully yours could still happen. We make it possible. Our dedicated and highly educated team of legal experts is there to listen to your story and charge nothing for the first consultation. So reach out freely and we’ll do everything we can to help.

In the meantime, do not forget to take extra caution with every single financial service online. Always double check them and report any anomalies you find

FAQ

Is StreakPips a Regulated Broker?

As our review proves, they’re not regulated and do not have a valid Forex and Crypto license.

Does StreakPips Help Beginners?

No educational materials are provided and no starting programs for beginners exist at the website.

How Can I Get My Money Back?

Chargeback process would be the best solution and we’re here to help out with that!

Keystone Market Review – Schemers Leg It After Getting Blacklisted

After numerous warnings issued by prominent regulatory bodies, it seems as though the cybercriminals behind the Keystone Market scam have abandoned their site. The unfortunate clients that were duped into investing with the scheme are left hanging, with little prospects of having their funds returned.

Not all is lost, and the recovery still remains a possibility as you will see in our Keystone Markets review.

Regulated by: Unlicensed Forex Broker
Is This Company Safe? No, never invest with unregulated companies!
Known Websites: keystone-market.com (inactive)
Have Warnings from: OSC, AMF, CSA, CONSOB, IOSCO
Registered in: N/A
Operating since: 2022
Trading Platforms: Web Trader
Maximum Leverage: 1:200
Minimum Deposit: $5,000
Deposit Bonus: N/A
Trading Assets: Forex, Cryptocurrencies, Stocks, Commodities, Indices
Free Demo Account: No
How to  Withdraw from This Company? Contact our experts in order to start your chargeback procedure.

Is Keystone Market a Scam Trading Company?

On one side we have anonymity, missing company info, omitted regulatory information, unreliable software and undependable communication channels. On the other, we have nothing that would present Keystone Market as a trustworthy broker. You can already assume which side will prevail. But let’s perform the due investigation before we make a final verdict.  

Firstly, we tried tracking the brokers headquarters location. But we had no clues to know what jurisdiction to start from. So we went through the major Tier 1 databases that financial watchdogs keep. We weren’t in the least happy with the search results, though. As it turns out, FCA, CySEC, ASIC, CONSOB and CNMV are not familiar with this website. If you remember Cronosca, we had the same problem determining who that scam is.

After we’ve established that our broker in question isn’t supervised by a leading financial institution, we weren’t so surprised by their behavior. Although legal docs on the website declare that Keystone Market follows the MiFID directive, we see no hints of it. 

If this claim was any true, the broker would be obligated to absolute transparency, and Keystone Market shows none, as you can make sure of it yourself. We don’t believe Keystone Market regularly reports their monetary transactions to the jurisdictional regulator either.

But that is not the only problem with a broker being unregulated. What matters the most isn’t provided – security of funds. This is achieved through segregated bank accounts, which this broker doesn’t ensure. 

Then we see the leverage is 1:200, while all Tier 1 regulators have limited it to 1:30 or 1:50. Negative balance protection is another restrictive measure that has a purpose of reducing the trading risks. Keystone Market doesn’t allow it, either. 

You can’t help but realize Keystone Market isn’t safe for investments. Their goal is to expose you to a risk so high you can never financially recover if you get dragged into their scheme.

A Known Fraudulent Scheme

Any confidence trickster is walking a fine line between remaining hidden, or gaining more ill-gotten goods. Because of this, many of these con sites only last for a couple of years at best, due to the attention they inevitably attract from the authorities.

Keystone Market broker is no different, and since it was launched it has been noticed by regulatory agencies. Multiple national tier-1 regulators have already blacklisted the firm, including OSC, AMF, CSA and CONSOB. The independent watchdog agency, IOSCO, has since forwarded a warning of their own.

Keystone Market Reviews

Perhaps it’s because Keystone Market is relatively a new domain. Or maybe because they operate under the radar. But it appears that there’s no experiences and opinions of traders on this broker yet. We’ve gone to TrustPilot, SiteJabber and some other sites for reviews and found none on Keystone Market. It’s just a matter of time, though. The way this broker conducts business will not get them any positive feedback, that’s for sure.

Where Does the Broker Operate? – Countries of Service

Keystone Market doesn’t have a particular preference for one country, language or a group of traders. They apparently operate on a global scale, as their victims seem to come from a variety of countries. It’s as if no retail trader is safe from this sneaky and dishonest scheme. We’ve assembled a list of the states that have a leading number of victims so far:

  • United States
  • Canada
  • Netherlands
  • India
  • Germany

Deceptive Company Practices – How is the Scam Orchestrated?

Have you ever been ruthlessly pestered by someone trying to sell you awkward deals? Perhaps via unsolicited phone calls, emails or messages on your social network profiles? Also, do these offers sound too good to be true? Well, then you’ve got yourself a proper near-scam experience. This is the kind of behavior we have also detected with Crypto-Guider, just the main difference from today’s broker we’re reviewing is that the first one focuses on crypto assets. 

Either way, all these examples of sham misuse the Terms and Conditions and do not abide by any regulatory framework. This leaves space for all kinds of fraudulent behavior and deceptive tactics that eventually rob the trader and leave them bankrupt. 

 Keystone Market will first ask for a large deposit so you can open an account. Then they offer you a bonus that seems like great help. The highly controlled trading environment also seems to work in your favor as you pile up loads of cash. 

Several friendly agents will keep breathing down your neck and asking for more deposits. You may even be manipulated into developing illusory romantic feelings for one of them. It’s all well-calculated and for the purpose of draining your bank accounts and credit cards.

Keystone Market Choice Of Trading Accounts

The whole Keystone Market website is made of pictures that were poorly designed and put together without sense and reason. On this page, we see the photo of trading accounts but the introduction to the choices makes no sense. The website says the features are listed above but the picture of the accounts in offer is below the text. The sentence isn’t even properly finished and ends with an unfinished if-clause. 

While the FAQs say that the minimum deposit for the starting account is only $100, the account description says you need to invest at least 5 000 €. Still we could not see a single feature in the entire offer that regulated brokers don’t already offer for a far lower price. Along with all the other discrepancies and inconsistencies, we cannot see a single reason anyone would want to invest here! 

The choices of packages and the basic expenses for opening them are the following:

  • Green Account – 5 000 €
  • Premium Account – 15 000 €
  • Platinum Account – 50 000 €
  • Executive Account – 100 000 €
  • Presidential Account – 250 000 €

Can I Use a Demo Account?

Obediently following the registration step-by-step only led us to open a real trading account. No option in between was offered as a means of getting a Demo account unlocked. 

Even after we were let into the client area, we weren’t able to do anything. An investment was needed so we’d be able to navigate the trading zone and use the features it includes. The single message that kept reappearing was telling us to patiently wait for the support agent to contact us. That’s probably one of the mandatory steps of the scam procedure. Demo account is, by all means, not available. 

Is It Possible to Withdraw Profit From My Keystone Market Account?

Keystone Market at first convinces you account funding and payment processing is fast and as safe as it could get. The website only ever reveals two possible withdrawing channels:

  • Credit Card
  • Bank Wire 

How strange it was to see another suggestion in the client area. That part of the website actually only allows you to cash out your profit via crypto or credit card. But before you are able to do that, you have to submit every single piece of information about yourself. ID photo, utility bill, water bill and bank statements are just some of them, it’s insane how demanding the scammer is. Needless to say, this breaks every single regulatory rule on privacy and AML standards.

Not even then do we believe anyone would be able to withdraw anything. Scam projects such as this one make a living by keeping the entire deposits made by clients. So you can expect any kind of problem appearing that Keystone Market will use as an excuse to prolong the process and eventually deny your withdrawal request.

The Site Is Gone – How Do I Get My Money Back?

Even though the people running the Keystone Market fraud had already seemingly disappeared, this doesn’t mean they have vanished from the face of the Earth.

Your stolen money is not gone yet, and there are still means by which you may recover it. Collect as much data as you can from your previous interactions with these swindlers, and get in touch with our staff.

Our experts have the experience, tools and strategy necessary to help you with your endeavor. We are available 24/7 via the live chat, which you may use to book your free first consultation.

I Was a Victim of Keystone Market Scam, What Should I Do?

As definite as the scam may seem at first, we assure you, your funds are not gone forever. Especially if you react in time and get in touch with us. Our agents are available around the clock, and they’re tirelessly working to help traders in peril, such as yourself. So do not feel ashamed if you’ve been scammed. It’s happening more often than you know. It’s what our team encounters on a daily basis. 

So trust us when we say we have plenty of experience in dealing with these con artists. We’ll offer you advice or just land you a listening ear if that’s what you need. We can also help you start the chargeback and plan a working strategy to restore your funds.

 

 

 

TradeCapital Review – Why Not To Trust Unregulated Firms?

Generally speaking, the Trade Capital scam was exposed a long time ago by Italian and UK Authorities. Still, the company was actively trying to rob traders from all over the world.

Luckily, traders’ reviews and complaints filed to regulators resulted in many warnings being issued. On the other hand, they made this company disappear since nobody would trust them. Still, our TradeCapital Review holds some details you should watch out for with any broker.

What is more, we strongly advise you not to invest in IC Markets, Uptos and Fxbfi fraudulent brokers.

Regulated by: Unregulated Broker
Is This Company Safe? No
Known Websites: Tradecapital.com (inactive)
Have Warnings from: CONSOB, FSMA, FCA, CBI, CNMV, FI, FINMA
Registered in: Switzerland (allegedly)
Operating since: 2018
Trading Platforms: Web Trader
Maximum Leverage: 1:100
Minimum Deposit: $250
Deposit Bonus: N/A
Trading Assets: Forex, Commodities, Indices, Shares, Cryptocurrencies
Free Demo Account: Not available
How to  Withdraw from This Company? Since the company vanished after many regulatory warnings, the only way to get the funds out is through the chargeback or other refund methods. For detailed guidance, contact our refund specialists.

Is Trade Capital a Scam or Safe CFD Broker?

Trade Capital broker didn’t have any suitable license. Traders based in Europe and operating in the EEA zone should have at least one Tier 1 license. Such are from FCA, BaFin or ASIC. However, Trade Capital was not on any of those registers. Otherwise, they would still be in business.

Trade Capital is absolutely anonymous and shady. Not to mention that they don’t have any regulations, but only warnings from the regulators. Red flags are all over the place.  

Why Is Trading On a Licensed Broker’s Platform Preferable?

Any licensed company provides transparent conditions and security. Especially Tier 1 regulated brokers. In addition to that, it is important to know whom you are working with. That’s why regulated brokers need to disclose all ownership information and contacts.

Warnings From Financial Regulators

Besides the aforementioned warnings, the most recent ones were also published by trusted regulators. Since the company was claiming to be registered in Switzerland, there’s no doubt that FINMA did its due diligence in the first round. In addition to that, we have a warning from Estonian Finansinskeptionen, Spanish CNMV, and the Central Bank of Ireland (CBI).

Ultimately, traders can realize how important it is to share their opinions about the broker. If nobody talks about the problem, there’s no need for a solution. Therefore, don’t be quiet and always report issues.

Trade Capital Available Online Trading Platform

Generally speaking, a trading platform plays a crucial role in choosing a broker. Trade Capital trading company only offers a web trader. Brokers often manipulate those and present fake information on assets, trading balances and more. If you check any Trade Capital review, you will understand that you can’t trust those.

After all, these platforms are not suitable for experienced traders due to a lack of advanced features. They don’t offer advanced indicators, charts, EAs, social or copy trading.

Is The Platform Available On Mobile Devices? – Mobile Trading

Since this is a web trader, it can be accessed through a mobile device. However, you don’t have an app to download. Therefore, you depend on the internet connection and device specifications. In general, that’s why most experienced traders suggest Meta Trader over anything else.

Trade Capital’s Trading Assets and Instruments

Must be remembered that Trade Capital is not licensed. Therefore, all instruments and data might be fictive. Ultimately, they have offered all 5 major instrument classes. Those are:

  • Forex – USD/JPY, GBP/AUD
  • Commodities – oil, platinum
  • Indices – FTSE100, DAX30
  • Shares – Microsoft, Tesla
  • Cryptocurrencies – BTC, USDT

Trade Capital Broker’s Active Locations

Trade Capital broker was shamelessly operating in the countries with the strictest regulations. Based on Trade Capital reviews, we can see they were scamming traders from:

  • United States
  • Germany
  • United Kingdom
  • India
  • Pakistan

As a matter of fact, that’s why you should look for Tier 1 regulated companies. In fact, you would have protection.

What Are The Different Trade Capital Account Types?

Another key point is the availability of account types. As anonymous as it gets, Trade Capital never disclosed what are the options for their traders. To sum it up, the goal was to get you on the line with their agent. Afterward, you would be pitched for as much as possible. Based on some Trade Capital reviews, we found only that the minimum deposit was $100.

Trade Capital Offers Islamic Accounts?

Due to the lack of trading packages, we can’t confirm if they are offering an Islamic account. It is very popular among regulated brokers. It offers some benefits to Islamic belief clients. After all, those are reasonable because they want to trade by Shariah laws.

Can a Trader Use a Demo Account?

Point often overlooked is a demo account. It is a crucial fact in checking the trading platform and its functionality. However, Trade Capital didn’t provide even live account types. Not to mention a demo account.

Minimum Deposit and How Do I Withdraw?

The minimum deposit was $100. The tricky part was always withdrawal. Clients were unable to withdraw their funds due to multiple reasons. For example, made-up AML policies, non-existent fees or taxes. Accordingly, they were trying every possible way to extract as much as possible from clients. In the end, you never heard from them again.

Payment Methods Available

Trade Capital broker offered different payment methods. From cards and bank transfers to crypto transfers. Unfortunately, they didn’t provide any third-party e-payment provider. For any suspicious broker, we recommend using a card because you can get a chargeback.

Terms and Conditions for Trade Capital – What You Should Know

Above all, the company vanished. All T&Cs were obviously vicious. In combination with the lack of licensing, that was a perfect recipe for a disaster. After all, that’s how these scam brokers lure inexperienced clients.

Leverage, Spreads and Fees

Nowhere is to be seen what the broker offered in terms of conditions. Such crucial parts of trading are missing. That is to say, at least disappointing. Moreover, it is unrealistic that anyone even deposited any money here.

Trade Capital Withdrawal Procedure

The biggest issue traders were facing was with the Trade Capital withdrawal procedure. Primarily, with unregulated firms clients usually face verification issues, problems with AML laws, and non-existent fees. All these are just tricks used by this company to prevent any Trade Capital withdrawal from being completed.

Currently, the company’s website is inactive and there’s no way to get in touch with their staff. That’s why traders have to use refund options to get the funds back. For such activities, we strongly suggest you take professional help and avoid any mistakes. If you don’t know where to start, you can get the first consultation with our team for free. Get in touch now.

Scammed by a Trade Capital Broker? – We Want To Hear Your Story

If you were scammed by these bogus swindlers, let us know. Our specialized fund recovery team can assist you to recover your funds. At the same time don’t wait too long, because that process is time-limited. Book your free consultation now!

What Is the Chargeback Procedure?

If clients are using a debit/credit card, a chargeback can be performed. That way, the bank can reverse a transaction to the original cardholder. Don’t worry if you were using a different method, there are solutions to that. Don’t bother thinking too much about it. In effect, contact us today to get advice!

What Is Trade Capital?

It is an anonymous trading company operating allegedly from Switzerland. However, they are linked to some offshore scam companies.

Is Trade Capital a Scam Broker?

Yes. They don’t have any licensing. Besides that, 4 regulators issued a warning against this broker. That’s why they vanished.

Is Trade Capital Available in the United States or the UK?

Based on Trade Capital reviews they were scamming traders from both mentioned countries.

Does Trade Capital Offer a Demo Account?

Trade Capital broker, didn’t even offer live trading accounts. Not to mention a demo account.

Gamma Fx Review – All The Key Features and Missing Details

The first thing you notice about this broker is missing legal documents. Therefore, it’s hard to determine the ownership of the company. However, with their offshore registration that is not surprising.

Even without transparent details, you can see many irregularities. That’s why we present you this Gamma FX Review so that you know what to avoid in the future.

Regulated By: No Regulations
Is This Company Safe? No
Known Websites: Gamma-fx.com
Have Warnings From: N/A
Registered In: St. Vincent and Grenadines
Operating Since: 2021
Trading Platforms: MT5 (allegedly)
Maximum Leverage: 1:500
Minimum Deposit: N/A
Deposit Bonus: N/A
Trading Assets: Forex, Metals, Futures
Free Demo Account: Available (allegedly)
How To  Withdraw From This Company? Without legal documents and transparent conditions, you can expect withdrawal issues with this broker. If you already experienced any, contact our team today for more advices.

Legal Info: Is Gamma Fx Legit Or A Scam?

Gamma-FX.com broker doesn’t reveal its ownership status. But even without it, it’s easy to investigate if they are licensed or not. In the first place, the FSA of St. Vincent and Grenadines is not issuing trading licenses. Therefore, we are looking through the list of licensed entities with FCA, BaFin and ASIC.

However, this broker is not on any of those lists. Therefore, you can forget about negative balance protection, segregated bank accounts and compensation schemes.

Who Are Gamma Fx’s Clients?

Since 2021 when the company first started, they started expanding quickly. But what’s scary is that they are targeting some of the strictly regulated countries. In their case, scammed traders are mainly coming from:

  • United States
  • Japan
  • United Kingdom
  • Vietnam

If you experienced some irregularities with this broker, let us know. Our team can build you a strategy to recover your funds.

Leverage, Fees, Commissions and Spreads With Gamma Fx

Generally speaking, hiding trading conditions is a standard thing for many offshore brokers. The situation is the same with the Gamma-FX.com scam broker. The only thing transparent is their highly risky leverage of 1:500. But have in mind that the maximum allowed leverage in the UK is 1:30 and in the US 1:50.

         Bonuses

Even though there’s no transparent information on the website, don’t be surprised if you get a bonus offer. These are used as tricks to keep you as their client. But also to extort more money from you.

Gamma Fx Trading Features

Overall, it’s not rare that the offshore company offers trusted software. Even unregulated brokers can get hold of it. But most of the time, it’s just a tactic to get traders on board. In this case as well. The company offers highly trusted Meta Trader 5. However, there’s no download option on the website. Instead, you are redirected to the registration page.

         Is Gamma Fx Legit?

Absolutely not. The company operates in strictly regulated countries without a valid license. On top of that, their trading conditions are completely mysterious. Not to mention they are hiding ownership details. But if you check our UltraBrokerz review you will realize that even transparent details are not enough sometimes.

         Available Trading Assets

After all the downsides, here comes another one. The company only offers 3 instrument classes. Those are: 

  • Forex            USD/JPY, AUD/HKD
  • Metals          gold, platinum
  • Futures         stocks, indices

         Account Types

Surprisingly for offshore broker, they don’t offer different account types. On the contrary, everyone gets the same shady trading conditions. But if you were looking for an Islamic account or a less costly one, you can forget it.

         Mobile Trading App

Generally speaking, MT5 software is available for mobile devices. But not with this broker since they are not transparent about their trading software. For that reason, we always suggest traders to find licensed brokers. Another great example of a shady broker you can find in our SPMarket24 review.

         Demo Account

Understandably, a broker that is hiding something is not offering a demo account. Even though, there’s an option on their website it only leads to the full registration form. Which leads to your phone number and that’s how the harassment starts.

         Education

Important to realize is that Gamma FX scam broker doesn’t offer any type of education. Even though, they will present their agents as the ones with years of experience in the market. Thus, you won’t learn anything from them.

Gamma Fx Withdrawal

Considering all the flaws and missing legal stuff, you can forget about withdrawals here. There are no transparent ownership details or legal documents. Not to mention the deposit and withdrawal policy that is mandatory with Tier 1 licensed brokers.

Don’t be surprised if the broker comes up with excuses why to prolong your withdrawal. Some of the most known are AML laws, verification of the account and non-existent fees or taxes. Be aware of those!

Customer Support

As for the contact options, you can try reaching them out in multiple ways. You can choose an online contact form, e-mail and phone numbers. Thus, one phone number comes from Lebanon and the other one is from the US/Canada. In fact, there’s no logic except if they are using VOIP services. Also, the company doesn’t reveal working hours.

Key Information To Consider About Gamma Fx?

In the first place, you should avoid this broker because of missing regulation. But also because of the mysterious approach to their services, costs and conditions. On top of that, there are shady contact options that most likely lead to ignorance.

In case you were scammed by this broker, send a message to us as soon as possible. Our expert team can advise you about funding methods and help you recover the funds. Don’t be worried even if you were sending crypto. There is a CipherTrace. Contact us now to find out more!

FAQ Section

What Is Gamma FX com?

Gamma-FX.com is a completely anonymous broker operating since 2021 from Saint Vincent and Grenadines.

Is Gamma FX com Regulated?

No. The company claims to be globally regulated, but those are just fake statements from the anonymous broker.

What Are The Trading Software Of Gamma FX com?

The company advertises trusted Meta Trader 5. But that’s most likely another lie. In case you had difficulties with this broker, especially for withdrawal, contact our team for assistance.

FlawlessTradeFX Review: A Comprehensive Guide for Aspiring Traders

If you’ve ever heard of the term “fraudulent online broker,” FlawlessTradeFX fits perfectly into the description. Once we’ve checked their website, we found so much false information, and it was hard to determine where to start to cover it all.

However, here’s our FlawlessTradeFX review.

Broker status: Unregulated
Regulated by: Unlicensed brokerage
Scammers Websites: https://flawlesstradefx.com/
Blacklisted as a Scam by: BaFin, IFSC, FSC Mauritius, FSC Granada
Owned by: Flawlessfx LTD
Headquarters Country: California, USA
Foundation year: N/A
Supported Platforms: Web trader
Minimum Deposit: $1,000
Cryptocurrencies: Available
Types of Assets: FX, commodities, cryptocurrencies
Maximum Leverage: N/A
Free Demo Account: No
Accepts US clients: Yes

FlawlessTradeFX Regulations and Security

We must say, FlawlessTradeFX regulation was one of the hardest things to confirm. First, the broker says to be regulated by the FSC Mauritius, CySEC, FCA, and FSCA, among others. However, under the tab “Regulation,” we found that the company is licensed by UFSA – a non-existent regulatory body allegedly from the USA. We’ve checked all of the registers listed above and found no trace of the FlawlessTradeFX license whatsoever.

The brand is allegedly owned by Flawlessfx Ltd from California, USA, but there’s no official evidence of that either. Based on everything so far, we can say that this trading firm has so many red flags that you shouldn’t even consider it.

FlawlessTradeFX Warnings From Financial Regulators

Ironically named FlawlessTradeFX is everything but not flawless. The company managed to get on the blacklist of several offshore regulators, which we rarely see. The first one to publish an official warning was FSC Mauritius, the alleged regulator of the company.

Besides, we’ve got the warning from German BaFin. The other one is from IFSC from Belize. And the final warning from FSC Grenada.

All these warnings state the same – FlawlessTradeFX is a scam, stay away!

Fund Withdrawal Issues

After everything being said, withdrawal issues are something we were sad about but not shocked to see. All of the investors that fell for the FlawlessTradeFX scam have experienced the same – their withdrawal request was never processed, and they never got a penny back, regardless of how much they invested.

That’s why it’s important to invest with regulated brokers, as they have compensation funds.

Traders About FlawlessTradeFX Scam

There’s a lot that traders have to say about the FlawlessTradeFX trading scam. Besides the aforementioned withdrawal issues, the minimum deposit is too high. The spread starts from 1.9 pips, which is higher than the industry standard. There’s nobody who would assist investors with their issues.

According to FlawlessTradeFX reviews, broker’s employees are unavailable when they figure they cannot extort any more money from a client.

So, you should avoid FlawlessTradeFX broker and similar scammers such as Altman Finance, Global GT and Nekstra.

How To Know If You Have Been Scammed?

Besides obvious, such as withdrawal issues, there are several more scam signs. If you cannot log in to your trading account for a while, trades you’ve never opened are showing on your account, or you see that some of the trades have been closed without your approval, you should be worried.

This is when you need to file a complaint and request a chargeback. Remember that you have up to 540 days after the fraudulent transaction occurred for this action, so don’t waste time.

Scammed by FlawlessTradeFX? – Tell Us Your Story

If you were involved with FlawlessTradeFX, most likely, you have been scammed. That’s why we would like to hear your story and find the most suitable money-back solution for you. You need to file a dispute and request a chargeback with the assistance of our specialists.

But What Is A Chargeback?

This is a way for your bank to reverse the transaction if you provide sufficient evidence that you have been scammed. Tell us your story via online chat, book your free consultation, and let’s see how you can get a refund.

What Is FlawlessTradeFX?

FlawlessTradeFX is an online trading brokerage blacklisted all around the globe.

Is FlawlessTradeFX A Scam Broker?

Yes, company has been blacklisted in Germany, Belize, Mauritius, and Grenada, proving it’s a scam firm.

Is FlawlessTradeFX Regulated?

No, FlawlessTradeFX is not regulated despite many false claims on their website.