When it comes to online trading, there is one big question – could the broker scam you? The best answer to that is the 10TradeFx regulation. If the broker is regulated, the chances are lower. However, you should gather all the information and make your decision. So, let’s start.

• Regulation and Security
• In which countries does this broker work?
• Is it possible to make money with an 10TradeFX?
• Scammed by 10TradeFX?
• But what is a chargeback?

Regulation and Security

10TradeFX broker is owned by Holiway Investments Ltd. The broker has an entity in Nicosia, Cyprus, and the other one in Seychelles. CySEC and FSA regulate the company. The same company owns another trading brand MiltonPrime.

When it comes to security of the funds, according to its website, the company is holding the funds in the tier-1 EU banks. Which banks? We can’t tell.

In which countries does this broker work?

According to its CySEC regulation, the company can provide financial services within the EEA zone. As a registered CIF, the broker can also offer services in third countries if it complies with their trading regime. In this case, 10TradeFX can provide services in Singapore and Vietnam. All the other areas are under the entity regulated in Seychelles. 

The important thing to mention is that the company does not provide services to residents of the US.

Is it possible to make money with 10TradeFX?

10TradeFx broker is offering its clients trading on the MT4 platform. The assets broker is offering are various – currency pairs, commodities, indicies, stocks, and cryptocurrencies.

The minimum deposit with the broker is $200.

When it comes to making money, it mostly depends on your trading skills. However, withdrawing that money is another story. If you wish to make withdrawals, you might experience issues, especially if the broker has an offshore regulation. Those regulations are not as firm as top-tier such as FCA or ASIC.

According to our review, it is possible to make money with 10TradeFX. Yet, some clients experienced issues with withdrawals. The broker is delaying, giving many excuses, and not approving withdrawal requests. The question is what to do when such a thing happens.

Scammed by 10TradeFX?

If you were scammed by 10TradeFx broker, do not hesitate to ask for help. You are not the only victim of a scam, and there is a possibility to get your money back. You need to file a dispute and ask for a chargeback.

But what is a chargeback?

A chargeback is a way to refund your card if you were a victim of an online scam. Contact our support immediately and let’s get your money back!

Is 10TradeFX a good broker?

10TradeFX is a broker regulated by FSA and CySEC. The broker has an offshore entity in Seychelles that is always risky to trade with.

Is 10TradeFX a Scam?

10TradeFX broker is regulated by FSA and CySEC. However, some clients experienced issues with funds withdrawals.

Is 10TradeFX regulated?

Yes, the broker is regulated by CySEC and FSA Seychelles.

Where is 10TradeFX broker based?

The broker has two entities – in Cyprus and Seychelles.

There are those miscreants that think that if their company HQ is far enough from the continental mainland, they can get away with their activities scoff free. There are many lies about this fraudulent company.

In our Review, we will show you how SafeCaps pretend to be another, licensed company. This has prompted one of the most important regulators, the UK FCA, to issue a scam warning about this lot.

Is SafeCaps a Regulated Broker or Not?

First and foremost – SafeCaps claim to be owned by Aegion Group Ltd, a company that is allegedly based in St. Vincent and the Grenadines. We can confidently say that this is false information, as the SVG’s main regulator, FSA, has no information about this company.

Even if the company was legally registered in SVG, it isn’t necessarily regulated. SVG is a small island nation, and the FSA has ceased regulating brokers recently because of the lack of resources. For this reason, many offshore brokers have since obtained a trading license from another regulatory body.

This leads us to another big problem with this broker. SafeCaps lie about their company credentials, pretending to be another, licensed entity. In legal terms, this is what we call a Clone Company. It wasn’t long before one of the more prominent regulators, the FCA from the UK, caught wind of this and issued a scam warning.

The FCA regulation in the UK requires at least 730 000£ in starting capital. There is a similar condition in the EU, where this initial capital can be no less than 730 000€. The conditions are similar in Canada and Australia, where this starting fund must be larger than 1 000 000 CA$ or AU$ respectively.

Further risk mitigation lies in leverage restriction. For the UK, Australia and the EU, this is 1:30. Canada allows for a greater leverage of 1:50. Either way, this is a far cry from the 1:500 leverage that SafeCaps offer to their clients. Bonuses are forbidden in all these jurisdictions, except Canada. European brokers also need to conform to MiFID and ESMA guidelines to obtain a license.

If scamming was an art, SafeCaps would be cheap rip-offs. Their website is poorly made and lacking, but some people were still caught on the idea of low trading costs. See the remainder of our Review to learn why you should stay away from SafeCaps.

Before we reached a conclusion, we needed to be certain SafeCaps is indeed a fraud. For this purpose we have searched the databases of FCA, BaFIN, CySEC, CONSOB, New SRO, ASIC and more… And what we found was not a license number, but a number of scam warnings!

Warning Issued by Financial Authorities

SafeCaps is a known scam company. Their fraudulent behavior has caught the attention of many financial regulators.

You may see the warnings in more detail by following these links:

• FCA

• CONSOB

• AFM

• CSA

SafeCaps Software – The Trading Platform is Missing

It is not unusual for the fraud brokers to offer a trading platform to their victims. This way they can continue the charade, and let these poor people believe in the fairy tale. The most common software scammers use is the Web Trader, as you’ve seen in our XpressTrade Review.

This is not the case with SafeCaps. Their entire website is poorly made, and their trading platform is non-existent at the time of writing of this review. There are no download links, and no pointers that would direct you toward the online trader. Needless to say, this is not how a legitimate broker functions. With authorized companies, you can expect high quality industry leading software like MT4, MT5 and cTrader.

SafeCaps Advertise Many Trading Tools

SafeCaps brag about a large number of trading tools and aides. When we tried to see what all the fuss was about, we found a couple of web pages that have plain text on them, with some general pointers about trading strategies.

It was nothing groundbreaking, just simple beginner tips even the most novice trader knows about. There is a very simple pricing calculator, that just multiplies the numbers, depending on the parameters you entered. The most important tool for any trader – the Demo Account, is absent from this broker.

SafeCaps’s Trading Assets and Instruments

SafeCaps mention a rather good variety of instruments for their trading platform. As you’ve already noticed earlier in our Review, they do not offer a functional platform. This leads us to another question – how are you supposed to trade these assets in the first place?

Nevertheless, the trading instruments are worth mentioning, so we’ve made a list:

• Forex – EUR/USD, AUD/CAD, CHF/JPY, EUR/GBP
• Cryptocurrencies – Bitcoin, Ethereum, Polkadot, DogeCoin
• Stocks – Tesla, Meta, Amazon, Microsoft
• Indices – Nasdaq 100, Dow 30, DAX, Nikkei 225
• Commodities – Crude Oil, Natural Gas, Gold, Platinum, Coffee

Where do SafeCaps Victims Live

In order to pinpoint where the SafeCaps scam is most active, we have measured the traffic to and from their website.

Here we can see where the majority of victims live:

• France
• Germany
• United Kingdom
• Canada

From this, we can deduce that this scam is oriented towards wealthy nations. It is not strange that scammers should target these countries, as their citizens have good salaries with large disposable incomes.

What Are The Different SafeCaps Account Types?

SafeCaps seems to offer a variety of trading accounts. This is not really the case, as the only difference between them is the minimum deposit, and varying leverage. As we already mentioned, there is no Demo.

Here is a list of different accounts on offer:

• Standard – €5 000; 1:40 – 1:100 leverage
• Premium – €25 000; 1:200 – 1:300 leverage
• Business – €100 000; up to 1:500 leverage

The extremely high leverage reminds us of another scam, GSL Markets, which we reviewed previously.

Can a Trader Use a Demo Account?

You should not take the absence of a Demo account lightly. This is a very important tool for everybody, novice and professional alike. Where novices would use a demo for training, seasoned traders can test new strategies in a risk-free environment.

By omitting a demo account, the scammers put their clients at greater risk. Without it, the only way you can test the trading environment is by speculating with real money!

SafeCaps Partnership

Many faux brokers implement affiliate programs. It unfortunately goes hand in hand with a fraudulent company. Over the years, many scams like pyramid schemes have used the idea of a close friend recruitment to attract more victims.

This behavior is more common than you think. Thankfully, this is not the case with SafeCaps, as their scheme is not as developed, and they do not offer a partnership program.

Terms and Conditions With SafeCaps

You should always carefully read the Terms and Conditions with any broker, even the fine print. The document you will find at SafeCaps is vague, and often contradicts itself. If you manage to find it, that is, because of how well it is hidden. It says, among other things, that the broker withholds the right to deny a payout, and freeze or terminate an account “[…] for any reason or for no reason. […]”.

Leverage, Spreads and Fees

Now, we’ve already told you that SafeCaps do not adhere to international regulation when it comes to leverage. The leverage of 1:500 is quite high, and unnecessarily exposes the trader to the market.

If that wasn’t bad enough, high-end accounts have larger fees and looser spreads, which is simply contralogical. These start at 0.1 Pips and no commission for Standard, and go up to 1.5 Pips and €4 for 1.o Lots! Talk about pricey!

There are other problems, unfortunately. You may expect withdrawal fees ranging from $50 to $250 fee on different payout methods. A dormant fee of unreasonable 10% per month is charged from inactive accounts after 6 months!

What Should I Do If I Have an Issue With SafeCaps?

First of all, don’t panic. Your assets are not completely lost, there are ways to recover them. Our professional team is on hand to help you resolve your payout issues. If you, or somebody you know have fallen for SafeCaps Scam, you should consider contacting us for legal advice and support.

The more information we gather on these miscreants, the better our chances at presenting the case to the authorities. Don’t delay – your chances grow slimmer as time passes! Contact our staff as soon as possible via Live Chat for the fastest response time!

What Is SafeCaps ?

SafeCaps is a front for an unscrupulous online scam. These people pretend to offer broker services, but are just fancy thieves!

Is SafeCaps a Scam Broker ?

Yes, SafeCaps is a scam company which has been blacklisted by multiple financial authorities!

Is SafeCaps Available in the United States or UK ?

The SafeCaps scam does operate in the UK, but does not accept US clients.

Does SafeCaps Offer a Demo Account ?

There is no Demo Account available with the SafeCaps broker. Only live accounts are available

Is Dukasbance a legit trading platform or a fraudulent cyber scam? That is what our Dukasbance Review aims to answer. Our goal is also to provide an explanation as to why this financial swindler cannot be trusted.

The Dukasbance website has been taken down, probably due to the intervention of the Swiss financial market regulator FINMA but that does not mean this scammer will not reappear. Read our review and arm yourself with the knowledge of spotting online trading scams!

Legal Info: Dukasbance – Legit or Scam?

Dukasbance claims to be a legit Swiss-based brokerage. Switzerland is known for boasting top-tier regulations and financial market laws, among the best in the world. The regulator that ensures that all trading and transactions go smoothly is called the Swiss Financial Market Supervisory Authority (FINMA).

As a Tier 1 jurisdiction, all Swiss-based brokers must be registered and regulated by FINMA in order to operate legally and provide services all across Europe. We checked FINMA’s database for this dubious broker and found only a warning against Dukasbance.

Case closed! Dukasbance is not only unregulated but also blacklisted as a fraudulent entity that is not reliable. Please stay away from illicit brokers such as Dukasbance and swiss-trade. Instead, find a trustworthy provider that is licensed by reputable authorities such as FINMA, the FCA (UK), CFTC (US), CySEC (Cyprus), ASIC (Australia), IIROC (Canada), etc.

Trading with a regulated broker grants you numerous benefits depending on the jurisdiction. For instance, you may receive negative balance protection, segregated funds in an esteemed bank, or even a compensation scheme in case of the company’s insolvency (i.g. up to 20,000 EUR).  

How Do Traders Fall Into the Dukasbance Trap?

According to godaddy.com/whois, the Dukasbance website domain was created on January 31, 2023. Since then, the scam broker has mainly been targeting unsuspecting traders from the following countries:

• Canada;
• Netherlands;
• Lithuania.

Needless to say, this scammer is not authorized to provide services in these domains. FINMA was clear and you should heed that warning.

Based on what we read in other Dukasbance reviews, this broker tends to get aggressive when demanding traders to pay more and more money. They use a fake TradingView account and create and illusion of growing profits.

Once the traders see these numbers, they can the impression that Dukasbance is a legit profit-making machine and thus fall directly into the phony broker’s trap. Avoid investing in this shady platform. If you need help recovering your funds, contact us as soon as possible! 

How Do Traders Rate This Broker?

We hopped over to sitejabber.com and found several Dukasbance reviews there. There are some pretty serious complaints against the broker from traders that got scammed. Some complaints perfectly explain how the Dukasbance Scam works such as the one we posted below. 

This complaint came a few days before FINMA issued a warning against Dukasbance. Please heed this warning and do not trade on this manipulated platform!

Dukasbance is a FAKE trading brokerage company. They take your money, put it in a fake Tradinview account that they let you see, money grows pretty quickly. Then they ask you to invest more, if you don’t then they pressure you,, they let you take out a small amount. If you still don’t invest more, they cut you off. You can get in touch with them: they will not answer your call , not reply to your email: your money is gone, you’ll never see your money again. They are Scammers! Save your money,

• Sitejabber user, June 14, 2023.

Which Trading Platform Is Available at Dukasbance

Dukasbance offers just a web-based platform like most illicit brokers. This is the most elementary trading terminal and the easiest one to obtain.

However, WebTrader is an oversimplified and ineffective trading platform that offers just some basic charts, graphs and indicators. It lacks advanced tools such as automated trading, live market reports, branch optimization, etc.

To make matters worse, the broker shows clients a fake TradingView account and profits. Dukasbance does not support valid third-party trading software such as MT4, MT5, cTrader, or SiriX.

Available Markets

The Dukasbance fraudulent platform features the classic selection of trading assets and instruments:

• Forex currency pairs – EUR/USD, AUD/CAD…
• Indices – S&P 500, NADSAQ 100…
• Commodities – corn, oil, gold…
• Stocks – Apple, Tesla, Microsoft…
• Crypto – BTC, ETH, USDT…

The maximum available leverage is 1:200 for CFD trading and 1:400 for Forex currency pairs. Note that these levels are not compliant with the regulations in force in Switzerland; the legal cap for retail clients is 1:30.

Extremely high leverage is a double-edged sword that could lead to big wins but more often than not leads to devastating losses, hence the regulatory limit. 

As for the spreads, Dukasbance promises a competitive fee of 0.2 pips for FX major pairs. The broker also charges 0.1% to 0.5% for CFD and stock trading. The fees are favorable but that does not change the fact that Dukasbance is unregulated and thus dangerous just like bitkan.  

What is Dukasbance Minimum Deposit?

The minimum deposit that Dukasbance accepts is 250 $. This is pretty much what most brokers charge as the initial amount. However, the complaints stress that Dukasbance keeps pushing for more and more money.

Since the con artist does not offer a risk-free demo account, you cannot test out the platform until you deposit real money, which is risky considering Dukasbance’s illicit status and the warning from FINMA.

The broker will aggressively try to squeeze as much money from the trader as possible in order to embezzle all of it. Withdrawal issues are inevitable with Dukasbance. If you lost money to this scam, book a consultation with us and we will go through your case.

How Can I Withdrawal from Dukasbance?

Our sources suggest that Dukasbance accepts payments via various funding methods. Here is the list we were able to figure out:

• Credit/debit cards;
• Wire transfers;
• E-wallets (Skrill, Neteller);
• Crypto.

While not all of these methods may be true, we know for certain that credit/debit cards are the broker’s primary payment method. The good thing about this is that you can request a chargeback at your bank within 540 days of the transaction and recover your funds. For crypto payments, you’re going to need our assistance since the whole process is complex.

Dukasbance – Typical Trading Platform Scam

We have pretty much explained why Dukasbance is not a trustworthy platform. This scammer’s website was active for about five months until FINMA issued a warning against it and shut down the monkey business.

If you are a victim of the Dukasbance scam, be sure to contact our team and start your chargeback procedure. If need be, our experts can trace your crypto transaction using CipherTrace but you first have to tell us how you got scammed.

Book your free consultation today and start the fund recovery process!

FAQ Section

What Does Dukasbance Offer?

Dukasbance offers numerous trading assets such as FX pairs, CFDs and cryptocurrencies on a web-based platform.

Is Dukasbance Safe?

No. This broker claims to operate in Switzerland but the Swiss FINMA issued a warning against Dukasbance.

How To Get Your Money Back From Dukasbance?

Chargeback, CipherTrace, etc. If you need help recovering your funds from Dukasbance, you can book a free consultation with us.

Cuarto Capital might be new to the market, but its owner surely isn’t. It’s one of the offshore swindlers we’ve met before, banned all across the globe.

Let’s dive into this Cuarto Capital review and find out more. Be prepared to learn disturbing facts about the brokerage.

Is Cuarto Capital an Illegal Trading Fraud?

Cuarto Capital is owned by Nexus LLC, registered in 2021 in Saint Vincent and the Grenadines. However, SVG has no official regulator in charge of the Forex market. In fact, it’s instructing brokers to get a license in the country of service before even registering.

Since we already know Nexus LLC and its other scheme brands, including InvestPoint and BitFargo, we weren’t surprised to learn that Cuarto Capital has no regulations either. The brand operates illegally, just like those before it.

The company is soliciting EEA investors without complying with ESMA and is offering leverage of up to 1:300. Such leverage can put your capital at risk and cause you to lose 300 times quicker. And when it happens, you won’t be able to request assistance from the Financial Ombudsman or compensation from regulators.

Regulatory Warning Against Cuarto Capital Broker

In May 2023, the Spanish regulator, CNMV, officially banned Cuarto Capital. According to their warning, the brand is not authorized to offer financial services, including advising and Forex trading.

Knowing all the other warnings that the owner received, including those from German BaFin and Canadian CSA, it’s clear that you should stay away. Both the new brand and the old owner are a fraud.

Where Does the Broker Operate? – Countries Of Service

Cuarto Capital registered its domain in March 2023. It’s already widespread, lurking for clients in the following countries:

• Spain,
• Chile,
• UK,
• Sweden,
• Mexico.

The main regulator, from Spain, has already issued a ban. We expect others to follow, and your story can be the one to change the game and punish the fraudster.

Cuarto Capital Software Comparison

Cuarto Capital only offers basic WebTrader. Of course, the broker promises cutting-edge technology, a user-friendly interface, ultra-fast order execution, and more. In reality, you will get simple browser-based software whose only perk is the fact that it doesn’t require installation.

Comparatively, it cannot come near what you’d get with sophisticated terminals such as MT4, MT5, or cTrader. Each of these would allow you access to advanced functionalities, such as social trading, trading bots, and much more.

Of course, MetaTrader comes with a mobile app, unlike Cuarto Capital WebTrader.

What Assets Can I Trade?

You can trade in all five major markets, including:

• Forex pairs – EUR/USD, USD/JPY, EUR/HKD
• Commodities – gold, silver, natural gas
• Indices – AU200, NASDAQ, FTSE100
• Shares – Walmart, Netflix, Meta
• Cryptocurrencies – BTC, ETH, USDT

In addition, you can trade futures in commodities and shares. However, note that the broker is unlicensed and doesn’t disclose spreads, swaps, or other trading commissions.

Account Options Offered by Cuarto Capital

There are six different account types, all having different minimum deposit requirements. These are:

• Starting – $250
• Bronze – $5,000
• Silver – $15,000
• Gold – $25,000
• Platinum – $100,000
• ECN – $500,000

Only from the Gold account will you be able to access all trading assets. With the Silver one, you get lower spreads and a percentage on your initial deposit. Finally, only the last two types allegedly include personal meetings, which we’re not inclined to believe.

Can I Trade For Free?

Just like its counterparts from offshore, Cuarto Capital doesn’t enable a Demo account. Instead, you must pay the money before gaining access to any features. As you can already understand, it’s quite unfavorable because your money will already be trapped by the time you realize you have nothing offered.

Deposit and Withdrawal Methods

The brokerage didn’t explicitly mention available payment methods for a deposit or withdrawal. While we know the minimum deposit is $250, the minimum withdrawal sum remains unknown.

The T&C doesn’t elaborate much on the topic, making us question whether getting a payout is possible. Usually, scammers hide the payment options when the only one they have is a crypto transfer. Note that crypto is not subject to a chargeback, and you might have difficulties recovering your funds.

Using your credit card when transferring funds to an unverified merchant is always advisable. Then, you have up to 540 days to request a chargeback.

Bonus Clauses

Another concerning thing is a bonus clause. The company requires you to trade the total bonus amount divided by 5 in lots before being eligible for a payout.

Requests like this one are the main reason why regulators prohibit incentives. They’re trying to prevent illicit brokers from abusing their clients. However, Cuarto Capital doesn’t care much about regulatory demands.

I Was a Victim of the Cuarto Capital Scam, What Can I Do?

 Let us know if you find yourself scammed by Cuarto Capital or any similar brokerage firm. Our chargeback experts will gladly assist you with the matter. We’ll thoroughly evaluate cases and check whether you’re eligible for a refund.

If you deposited via a crypto wallet, our CipherTrace analysts could help by tracing your funds to a final wallet and helping you collect legal evidence for the dispute. Don’t give up. Book a free consultation now!

What Is Cuarto Capital?

Cuarto Capital is an unregulated Forex and CFD trading brokerage to avoid.

Does Cuarto Capital Offer a Demo Account?

Cuarto Capital doesn’t offer its customers a risk-free Demo account.

What is Cuarto Capital’s Minimum Deposit?

The brokerage requires a minimum of $250 from its clients.

CapXM broker claims to be registered in St. Vincent and Grenadines under the name CapXM LLC. Also,  the company claims to be a part of the CXM Global group of companies. Yet, there are a few discrepancies about it.

To find out what we are talking about read this CapXM review carefully. Otherwise, you just might get into their trap, which you obviously don’t want.

Legal Info: Is CapXM Legit Or A Scam?

CapXM broker doesn’t say at any point that they are regulated. Instead, they mention the CXM Global group of companies and their license with FSC Mauritius. Indeed, that license is valid. But there’s a catch. Neither the FSC register nor the CXM Global website mentioned CapXM broker. Therefore, they might be just stealing someone’s information.

However, even if the CapXM is licensed by FSC that’s quite a weak option. Instead, they should opt for Tier 1 regulations like FCA, BaFin or ASIC. But they don’t have any of those.

Who Are CapXM’s Clients?

According to the who.is, CapXM operates since 2015. Also, their so-called Group of companies was registered in 2020. Nevertheless, CapXM mainly targets traders from strictly regulated countries like: 

• United States
• United Kingdom
• Mexico
• India

Let us know what’s your experience with this broker and residence country. But also you can contact our refund team for a free consultation if you can’t get your money back.

Investment Costs With CapXM

Important to realize is that the CapXM broker doesn’t reveal any trading costs. Not even a leverage. Don’t you think that’s bizarre considering their statements about regulation? 

What they also did was prevent CapXM manual registration. Therefore, you can’t create an account and check the costs yourself.

Bonuses

For now, the company doesn’t mention any bonuses transparently. But don’t be shocked if you get similar offers while trading. Because they are not regulated and can offer you anything they want.

CapXM Trading Features

Practically, the company doesn’t reveal any trading-related information. Yet, they expect you to trust them with your money. There’s not even available CapXM app. Ultimately, the conclusion is that they are just luring new clients through fake adverts or social networks. Since you don’t have a sign up option on their website.

Is CapXM Legit?

Considering their mysterious approach, then no. Also, there is a suspicious regulatory status. Therefore, everything that the broker claims is questionable. Another great shady broker example you can find in our FXFair review.

Available Trading Assets

As for the trading assets, nothing can be confirmed. However, the broker claims to offer all 5 major classes. Those are:

• Forex – USD/JPY, AUD/HKD
• Indices – DowJones, S&P500
• Shares – Tesla, Netflix
• Commodities – gold, natural gas
• Cryptos – BTC, XRM

Account Types

CapXM price to start investing with them remains also unknown. Practically the company doesn’t have any account type separation. Neither do they reveal the minimum deposit requirement. But in our LQDFX review, you can see why it’s important to understand account offers.

Mobile Trading App

In fact, the company doesn’t reveal any details about the trading software. Not to mention the mobile app. But with their suspicious approach, it’s hard to believe that they have it. Obviously, CapXM strategy is to play on the surprise and pressure.

Demo Account

Same as anything else about this broker, demo account details are not disclosed. But can we really expect this broker to offer anything transparently? No. Whether they have weak offshore regulation or no regulation at all, it’s all the same.

Education

Another missing thing about this broker is the educational package. They don’t have not even a blog about basic trading strategies or principles. Not to mention something more advanced such as live trading sessions. In any case, for such options, you should rather stick with Tier 1 regulated brokers.

CapXM Withdrawal

Since the company doesn’t have a transparent withdrawal policy, this section remains a complete mystery. CapXM broker doesn’t reveal either withdrawal fees, processing time or methods. Therefore, the field is prepared for manipulations.

Also, keep in mind that brokers have a wide range of tricks to prolong the withdrawal process. Some of those are AML laws and verification issues, non-existent fees and taxes.  

Customer Support

With their anonymous approach, we hardly believe there’s much use of CapXM stocks broker support. They offer a UK phone line, most likely VOIP. But also an e-mail address. Thus, without any publicly available reviews, it’s hard to determine if it’s reliable or not.

Key Information To Consider About CapXM?

In the first place, it’s an offshore broker with shady regulatory status. After all, everything that they offer is completely mystified. Especially with non-transparent trading conditions and withdrawal features. Not to mention the non-existent client’s funds protection measures.

Therefore, you should choose a more transparent broker before you lose everything. But if you already have withdrawal problems with this broker, don’t hesitate to contact our refund team. The first consultation doesn’t cost you anything and doesn’t make you obliged to follow the advice. Get in touch today!

FAQ Section

What is CapXM?

CapXM is an offshore broker with a suspicious regulatory status and non-transparent trading offer.

Is CapXM Legit or Scam?

CapXM seems like a scam broker because they don’t have any direct connections to a regulated entity. Also, their trading conditions and withdrawals are mysterious.

What Are The Fees and Pricing of CapXM?

The company doesn’t reveal any. That’s why you can expect withdrawal issues and in such cases, you can contact our refund team for advice.

Self-proclaimed “world’s top running FX and CFD provider” we’re discussing today is actually a poor attempt at a credible presentation of a trustworthy broker. Being actually nothing more than an offshore sham based in Samoa, this platform has nothing of value to offer to its potential clients. 

It is recommended to first read this Discovery Forex review before making any business decisions that you might regret later.

An Offshore Setup

One thing is certain, and that is the fact that Discovery Forex Limited is a MSB registrant. However, to be properly licensed to provide brokerage services in the US, a firm needs to be regulated by CFTC and an NFA member. This company is none of that. 

Due to also not owning a Tier 1 license from no prominent regulator like FCA, CySEC and BaFin, we categorize this platform as untrustworthy. 

It is not safe to invest here, as the deposits aren’t placed in segregated bank accounts and no risk-reducing measures protect you from high exposure and quick loss. Additionally, the firm lacks AML measures and mandatory transparency. The same stands for RightFX, as another unregulated entity. 

How The Scheme Functions

The discovery-forex.com domain was purchased in 2018 as evident from the WhoIs register. The website, however, seems to have been launched only in 2020, as there is no prior history of it online.

The main client base of the company resides in these nations:

• South Africa
• Japan
• United Kingdom
• United States
• Nigeria

In order to facilitate advertising, the broker uses active social network profiles on Facebook, Instagram, X and LinkedIn, in addition to a Youtube channel.

The majority of the clients are recruited by boiler room agents, however, in a manner similar to the EuroPrime scheme. These agents are known for their stubbornness and persuasion, and will not give up until they’ve squeezed the money out of the victims’ wallets. If you’ve invested with this faux firm, contact our legal experts.

Trading Conditions Initiate Loss

A clever strategy to push traders into risky trades is to set the maximum exposure to as high as possible. This trading portal allows the maximum leverage of up to 1:1000, depending on the asset. 

The trading costs in form of spreads come relatively in attractive values of about 0.3 pips, as the site states. However, not being able to immediately open an account and make sure of this from inside the platform has left us not trusting the ads. 

Web Affiliate Program

Users who run their own website can participate in promoting the company. Based on the number of new accounts opened through your referral and the executed trades, you can earn commission. Precise conditions of this system aren’t revealed.

Advertisements And Not Much Else

On the surface the features are about average when compared to regulated brokers. The issue with this firm is that you can’t really test any of the claims. It’s just empty promises, with no substance.

We did manage to open a demo account, but it only granted us limited access to platforms. Allegedly, industry standard programs are available to the clients, but good luck finding a download link on the site.

Restricted Access To Platforms

The only way to get familiar with the Discovery Forex platforms is by applying for an account first. Trying to test the MT5 demo version was not successful, as demo trading is only available on MT4. It is already known how reliable, comprehensive and rich in features this terminal is, so there’s no doubt about it’s performance.

That leaves the question about the MT5 availability open. It is a shame that these acclaimed and world-renowned software are misused for fraudulent purposes, but it’s nothing new.

Insistent On Social Trading

While MT4 and MT5 apps are available for mobile users, this broker makes no mention of mobile versions. Instead, the firm advertises a social trading and copy trading app in an incredibly pushy manner.

They’d really like you to use this secondary service so much they have placed no less than 8 separate download buttons on the same page! The buttons, however, lead to dead links on Google Play and App Store instead, with no app in sight.

Two Asset Groups Only

All of the trading conducted on this portal is only available on two groups of financial instruments:

• Forex (EUR/USD, USD/GBP, EUR/CHF, USD/AUD, USD/) 
• Precious Metals (Silver, Gold, Platinum, Palladium)

Types Of Trading Accounts

Different Discovery Forex login types are based on various pricing strategies. While a current industry average is $10 of minimum deposits or less, you cannot start trading with this broker without at least $200.

Here’s an overview of accounts now:

• Standard Account- $200, spreads based
• Nano Spread Account- $200, commission based

Demo Upon Request

Since all account opening is done by sending an application first, it’s the same with Demo. Since only MT4 accounts allow a Demo package, you have no choice but to apply for that one. After your application is revised, you will get the login credentials sent to your email address.

AML Breach On Transfers

The opposing information found on the website and client area is a clear sign of monetary transactions not done according to governing AML laws. 

You see, the client zone only allows funding to be performed via credit cards. On the other hand, the website provides manuals on how to withdraw cash via bank transfer and crypto. 

This is a known rule breaking method that swindlers employ to cover up their malicious deeds. Since credit card funding is allowed, we recommend you to ask for a chargeback and get your funds back from cons.

Customer Service

Support is allegedly available 24/7 through the live chat embedded in the website. With Discovery Forex support, you can either lose time on the bot that keeps repeating the same question, or leave a message in the contact form. Needless to say, we never received any reply from the alleged support agent.

What You Can Do

Rule of thumb before investing with any scheme, no matter how good it sounds, is to consult the authorities and check the regulatory status of your platform of choice.

We urge you to recover your investment placed on this shady site. To do so quickly and efficiently, you should contact our legal service. 

Our chargeback professionals will guide and support you every step of the way, while the first consultation is completely free of charge!

FAQ Section

What Is Discovery Forex?

This is a fake online trading portal run by an offshore scheme from Samoa.

Is Discovery Forex Legit Or Scam?

The conduct is fully illicit. Although owning an MSB license, that is not enough for a brokerage service agency.

How Does Discovery Forex Work?

The scheme is based on promises of lucrative trading. If your investment was stolen, however, please contact our legal advisors who can help you take back your capital stuck with this cyber thief.

It took us a bit of time to connect all the dots related to the GHC Trade brokerage. The company has so much misleading information on the website that making it clear who the owner is and where the broker is based was not easy. However, for the sake of our GHC Trade review, we did it.

Let’s start step by step.

GHC Trade Regulation and Security

The broker belongs to Global Holdings Capital Ltd and allegedly has headquarters in New Zealand. Moreover, there is a claim that the broker has been regulated by the FSP – Financial Service Providers of New Zealand. Since the only regulator in charge of providing licenses in New Zealand is FMA, this regulation is not valid. FSP is simply a register where companies can add their name if they wish to offer financial services. Also, there is a statement of the broker being regulated by Canadian FINTRAC. Similar to FSP, FINTRAC is just a financial organization. In Canada, the official regulatory body is IIROC.

What confused us till the end, the broker’s website is by default in Chinese, but you can change the language to English. It looks like Chinese traders are the target.

Also, the broker has an actual headquarters in the offshore country, Saint Vincent and the Grenadines.

How do we know that it’s not in New Zealand? FMA told us.

Warnings From Financial Regulators

The New Zealand official regulatory body, FMA, expressed their concern that GHC Trade might be a scam. According to FMA, the broker is not based in New Zealand, and they received many complaints about GHC Trade already. They warned their citizens not to fall for the GHC Trade scam.

GHC Trade – Withdrawal Issues

After everything being already questioned regarding GHC Trade legitimacy, we are not shocked to hear that there are withdrawal issues. The broker does not let clients withdraw their funds, and the most persistent ones are getting even blocked from accessing the funds. Also, despite claiming to be regulated, the broker offers leverage up to 1:500. Another easy way for the broker to lose your money on the financial market.

Do not fall for the GHC Trade scam, such as Migo Trade and TitanFx.

How do online trading scams work?

Everything starts with an ad showing you the future you’ve ever wanted. It’s followed by a phone call from a persuasive salesperson taking your credit card information. And it ends with money disappearing from your bank and trading account. In the meantime, you are being assigned with a so-called account manager whose job is to pretend to be your friend and extract as much money as possible. Once you refuse to add more funds, or you simply have no more, you are blocked. And this is where you understand you have been scammed.

Scammed by GHC Trade?

If you were scammed by GHC Trade, there is a possibility of getting your money back. Like many victims of scams before you, you need to file a dispute and request a chargeback.

But what is a chargeback? It’s a way to refund your card in case you were scammed online.

Get in touch with our staff now via chat and book your free consultations!

What is GHC Trade?

GHC Trade is an unregulated online trading brokerage.

Is GHC Trade a scam?

GHC Trade is unregulated and operates illegally.

Is GHC Trade regulated?

No, GHC Trade has no regulation for providing financial services.

Our first impression of this cryptocurrency trading service is incredibly good. Their website is of unmistakably high quality, easily comparable to those of industry giants. The platform features a proprietary app, proof of solvency, a high-profile founding team… It’s almost too hard to believe that the exchange is completely unregulated!

Yes, you read that right – one of the top 100 crypto exchanges by volume is actually an illicit entity. Read the remainder of our Phemex review to learn what this actually means for the clients.

Shady Corporate Structure

The Terms and Conditions document names the parent company of the Phemex exchange as “Phemex Group.” It never discloses where it is located. Instead, it’s a “blink and you’ll miss it” affair with a scrolling banner on the website, which alleges the existence of Polish and Czech branches. Entries in the Czech Registry of Companies and Polish Biznes.gov.pl confirm this.

The branch company is called Phemex Czech s.r.o. and PHEMEX POLAND SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ. So, no Phemex Group yet.

Official social network profiles claim that the firm is situated in Singapore and Turkiye. In the case of Singapore, we found two struck-off Phemex firms in the Bizfile database. As for Turkiye, TOBB says they never existed.

Unregulated and Blacklisted

So, why would such a popular crypto exchange hide their corporate info in such a cryptic way? Well, for starters, if you look into the ČNB and KNF registers of licensees, you’ll see that the firm is completely unregulated.

Now, if you’re thinking that it may still be an honest business, we’ve got some bad news. The Phemex crypto exchange has had so many warnings we had to make a list of regulators that blacklisted them:

• FCA
• CNMV
• A–TVP
• FSMA
• FMA
• FI
• FSC
• IOSCO

In short terms, this crypto exchange, although popular, is no better than your average scammer like BitTurk. If you’ve invested with this firm and now your assets are stuck, feel free to contact our experts.

How The Exchange Advertises

The exchange has been in service since at least 2016, according to the WhoIs database. During almost a decade of activity, it became most popular in these regions:

• Germany
• United Kingdom
• Russia
• Australia
• Canada

Achieving such a large number of users is mostly achieved through social networks. The firm operates accounts on X, Instagram, LinkedIn, CrunchBase and Telegram.

Besides the official YouTube profile, many influencers are also trying to take advantage of the affiliate program. This constant viral advertising, coupled with referral incentives, makes the company similar to an MLM to a degree.

Clients Aren’t Very Satisfied

The Phemex reviews are not exactly flattering. The company has a trust score of only 2.3 out of over 200 ratings on TrustPilot. Reading the negative reviews reveals serious problems with the company.

Immediately, you’ll spot 3 types of complaints. The 1st group says that their account was hacked, and the balance was emptied out. The 2nd group says that funds transferred to other accounts simply disappear, while the 3rd claims it is impossible to withdraw funds.

Your funds are not safe with unregulated exchanges. If you believe you have been defrauded, contact our legal team.

Too Many Unnecessary Accounts

Each newly registered client gets an omnibus Phemex login account, which features several specialized sub-accounts:

• Spot
• Contract
• Margin
• Investment
• FIAT
• Lending

As you may guess from the names, each of these account types serves a particular purpose. Clients are encouraged to split their investments and then shift funds from one account to another.

Ridiculously Simplistic Software

For desktop users, the exchange provides a simplistic WebTrader. The chart is based on TradingView charts, and is not much dissimilar to different software used by other cons like Rommode. There are no advanced features, but at least you get limit, market, conditional and basket orders covered.

The Phemex app for mobile devices is similar in functionality. Instead of relying on a web browser, it is a dedicated program available for download through GooglePlay and AppStore.

Learning About Fees is a Hassle

Imagine walking into a grocery store that doesn’t have a price tag on every single item. If you ask the clerk, they will tell you, but you have to ask for each item individually. That’s how fees work with this company.

We had to dig deep to find out that the firm charges fees on deposits (0.8% to 3.5%), withdrawals (0.08% to 2%+$30), transactions, dormancy, maker and taker fees (0.1%), contract (0.01%) and commission.

Margin trading leverage can be as high as 1:5, which is higher than the legal limit in most nations. It is also the probable cause for the Phemex UK warning issued by the FCA.

Buying Incentives

Another regulatory violation lies in the fact that the firm offers numerous bonuses. Although not explicitly called “bonuses” but “rewards”, these include incentives for creating an account, verifying it, depositing, referring others, and so on. Clients are apparently eligible for a 4,800 USDT “reward” just for passing KYC.

Funding and Payouts

At least the financial channels are well-defined. As expected from a firm that deals with spot and p2p trading and exchange, both fiat and crypto methods are available. Clients may deposit FIAT currency using bank cards (Visa, MasterCard), bank transfers (SEPA, ACH, Wire), or payment services like GooglePay, Pix, and others. Supported crypto deposits may be done on-chain or through a Web3 wallet. These both include a number of different coins and networks.

Withdrawal channels remain pretty much the same, and the payout policy is well-defined in the Terms and Conditions. Judging from the complaints, however, it doesn’t seem like the firm respects their end of the bargain every time.

Talking to a Computer

Customer support is available through a live chat option. It heavily relies on a chatbot, which is programmed to avoid connecting to a support agent as much as possible.

Our inquiry about the commission kept us running in circles between FAQs and the chatbot. After a while, we understood the frustration many of the clients felt before us.

Need Help Recovering Crypto? Call Us!

Popularity is not an indication of trustworthiness. This firm has been blacklisted across Europe for its illicit conduct.

While it is possible to track the cryptos lost in the Phemex trading scam, you must act quickly. Gather all the transaction data you can, and contact our experts for help. You may reach us at any time and book a free first consultation by using the live chat.

FAQ

Is Phemex a Regulated Exchange?

TNo, this company is not a licensed service provider! It has been issued numerous regulatory warnings all across Europe!

How To Get Cryptos Back From Scammers?

Recovering stolen cryptocurrency requires specialized software solutions and expert help. You may book a free consultation with our team by using the live chat on our site.

CentroBanc presents itself as a bank service provider, a part of the most famous Austrian bank, Raiffeisen. Further, they claim to offer trading services, as the bank does.

Read our detailed CentroBanc review and you’ll see that not everything is as it seems. Warning, we’re about to expose an offshore scammer.

In addition to the above, we strongly advise you not to invest in Capital Markets Strategy Ltd, BUX Forex and GFE Markets fraudulent brokers.

Details About CentroBanc Regulation

CentroBanc claims to be owned by Raiffeisen Centrobank AG. Allegedly, it’s a part of the Austrian Raiffeisen bank, offering both banking and trading services.

However, upon checking the register of the Financial Markets Authority of Austria, we discovered that this particular website had been known in trading circles since 2018. According to FMA, it’s an unlicensed trading firm owned by Sucaba Enterprise Ltd, registered in the Marshall Islands. The same company owns another scam brand, SkyCapital, which is banned in Italy and Norway.

In 2022, CentroBanc rebranded and added the Raiffeisen logo, but even that didn’t contribute to its legitimacy.

Why Is Trading With a Licensed Broker Preferable?

Licensed banks and brokers must follow stringent rules imposed by local regulators. For instance, the Austrian authority body requires trading firms to have minimal operational capital of 730,000 EUR, keep customers’ funds in segregated accounts, and offer negative balance protection.

Fraudsters like CentroBanc here don’t follow any rules. Furthermore, they don’t comply with the ESMA leverage limit or MiFID directives.

How Reliable Is CentroBanc?

CentroBanc uses the name of one of the most popular Austrian banks, Raiffeisen, to conduct its business. The website has been banned by the Austrian regulator FMA and marked an offshore fraud.

Warning From the Austrian Financial Markets Authority (FMA)

The FMA issued an official warning against CentroBanc and its owner, Sucaba Enterprise Ltd. According to it, this website has no authorization to provide any kind of financial services in Austria.

Further, they emphasized that CentroBanc is in no way related to Raiffeisen Centrobank AG, legitimate financial services provider. Thus, it’s your cue to stay away.

What Do Traders Think Of CentroBanc?

CentroBanc promotes its services as part of a legitimate bank. Even their website is entirely branded with the Raiffeisen logo. However, once customers were lured into depositing, they could not withdraw any money.

CentroBanc says it offers banking services as well, prompting clients to deposit to their checking accounts. Once the funds are transferred, you’ll never hear from this financial swindler again.

CentroBanc – Countries Of Service

CentroBanc mainly targets residents of the following countries:

• Germany
• Switzerland
• Austria
• Spain

Since it’s not a part of the major bank and has no authorization, you should be pretty cautious. Do not trust any alleged bank without checking their details. Raiffeisen bank has branches around the globe, so it’s worth visiting them to ensure your funds are in the right place.

Also, remember the names of the Gamma Capitals, Onotex and FinexStock trading scams and avoid them at all costs! Moreover, always check the background of online trading companies before investing!

CentroBanc Range of Trading Markets

The website allows customers to invest in the following assets:

• Currency pairs – EUR/USD, GBP/AUD, CHF/NOK
• Indices – ATX, ATX Prime, ATX5
• Shares – CA Immobilien Anlagen AG, Immofinanz AG, S Immo AG
• Commodities – gold spot, palladium spot, platinum spot.

As mentioned, employees of this fraudulent firm may ask you to deposit funds into an alleged bank account. Once you do, they’ll not let you withdraw a dime.

What Is Known About CentroBanc’s Trading Conditions?

The company advertises leveraged trading but with no specified terms. Further, the spread was not disclosed, making the trading process difficult. You should stay away if you don’t know the basic costs and risks.

Account managers may try to convince you that CentroBanc has the best and most favorable trading terms when you set up an account. They’ll sell you anything you want to hear. Once you give away the money, they’ll stop responding and, most likely, block your access to the account.

CentroBanc Minimum Deposit and Withdrawal Terms

CentroBanc has no minimum amount specified. However, it doesn’t mean once their employees evaluate your financial situation, you won’t be asked for a large sum of money.

As per withdrawal terms, we’re unable to precise anything. The company uses a large amount of legal documents belonging to a legitimate bank. Thus, nothing in there applies to the CentroBanc scam.

Scammed by CentroBanc Broker? – Let Us Hear Your Story

If you find yourself a victim of CentroBanc, let us know. Our chargeback specialists may be able to assist and help you recover what’s rightfully yours.

Being scammed is never easy, but taking the first step towards recovery is crucial. Book a free consultation with our experts and let us take that step with you!

But What Is A Chargeback?

This is a way for your bank to recover funds directly from the merchant. If you have been scammed, you need to act quickly. Let’s start and resolve the matter before the damage is even bigger!

What Is CentroBanc?

CentroBanc is an online financial swindler falsely claiming to be a part of Raiffeisen bank.

Is CentroBanc a Scam?

CentroBanc is an offshore scammer exposed by the Austrian authorities.

Is CentroBanc Available in the United States or the UK?

The company offers its services to UK residents but not to the residents of the US.

Does CentroBanc Offer a Demo Account?

CentroBanc doesn’t offer a Demo account, only live trading and, allegedly, banking services.

We’ll go straight up with the facts about USI Tech. As most people already know, this Ponzi scheme was registered in Dubai as USI-Tech Limited, a.k.a. United Software Intelligence.  

It has been banned around the globe, leading to often domain changes. According to our intel for this USI Tech review, the owner is hiding while running a new domain in Brazil. Let’s expose it once and for all.

Is USI Tech a Legitimate Crypto Trading Provider?

USI Tech appeared as something new, offering people a chance to earn 140% within 140 days using their immense crypto software. Considering that 2017 was the year when BTC boomed for the first time, many rushed to use this incredible opportunity.

The company was registered in Dubai, operating as USI-Tech Limited. It is advertised as a crypto and Forex trading provider offering high returns. The scheme’s promoters boasted that you could earn as much as $10 million from a $40 investment. Hence, the suspicion of HYIP. As it turned out, those who suspected it were correct.

After the US authorities exposed USI Tech, the scheme was transferred to Eyeline Trading, another domain related to it. Then, the brand collapsed and rebranded, appearing again as WealthBoss. Undoubtedly, there is no lack of related firms and domains, leading to the same scam.

Warning Issued by Financial Authorities

Here we surely won’t lack material. Back in December 2017, the Texas State Securities Board slammed USI-Tech with an emergency order to stop soliciting US investors. According to the order, this is an overseas firm with two US-based sales agents, Clifford Thomas, and Michael Rivera, who aren’t registered to sell securities in Texas.

During the same month, the Financial Commission of New Brunswick issued its own alert regarding USI Tech Limited, stating it’s not registered to trade in or advise on securities or exchange contracts in this Canadian province. During the following months, other Canadian regulators followed the warning, including here MSC of Manitoba, BCSC of British Columbia, OSC of Ontario, NSSC of Nova Scotia, and Canadian Securities Administrators.

In April 2018, Europe got its first warning regarding USITech from Spanish CNMV. This warning was republished by the Norwegian Finanstilsynet and Estonian FI. According to it, the company is not authorized to provide investment services in the country.

In August of the same year, New Zealand FMA and Australian ASIC announced that usitech-int.com was not authorized to solicit investors. Finally, we’ve learned that ActionFraud UK received a number of complaints against USITech, along with the German and Austrian Crime Police.

USI Tech Countries Of Service

We did a traffic analysis of USI Tech, and here are the results. This fraudulent site mainly advertises in the following countries:

• US,
• Australia,
• UK,
• Germany,
• France.

The domain has been active since May 2017 but is constantly changing. The latest one is registered in Brazil, while we’re receiving lots of reports from Latin America about the scheme. Be wary, and don’t fall for USITech fraud.

Traders’ Experience With USI Tech

As you can guess, reviews of USI Tech are far from ideal. At the time of writing, we found 25 reviews of the first domain, usitech.com, on Trustpilot. The company is rated bad, with 84% of 1-star reviews.

Unsurprisingly, their name popped up on various forums, such as Reddit and Quora. Reddit users are describing the scam and providing their own experiences as evidence. Meanwhile, one user on Quora exposed Ralf Gold and Jao Severino as company founders. Then, they shared that the lattest one has been involved in another scheme, AMC Invest, which has led to arrests.

All in all, USI Tech is well exposed, and our review aims to assist victims in the way toward monetary recovery.

USI Tech Token Packages

USI Tech offers five different token packages containing a certain number of tokens which are then exchanged for crypto. Here are your options:

• Silver – 200 BRL, approx. $40
• Gold – 10,000 BRL, approx. $2,045
• Ruby – 40,000 BRL, approx. $8,175
• Emerald – 100,000 BRL, approx. $20,440
• Diamond – 200,000 BRL, approx. $40,880

With each package, you’re entitled to a certain amount of bonus tokens, ranging from 100 to 100,000 tokens, depending on your stage level. 

Note that packages expire after 140 days, and you’re expected to upgrade. Typical Ponzi scheme, similar to Novotrend.

How’s the Scam Conducted?

Once you purchase the package, you’re getting tokens transferrable to Bitcoin. Then, you can use the company’s trading bot to increase your chances of profit. This bot allegedly brings 140% within 140 days.

However, as you can guess, there’s no magic tool for the crypto market, nor is there a way for you to earn massive amounts of money with this scheme company. As you had a chance to see throughout this and all the user reviews, USITech is unlicensed, fraudulent, and convicted.

The best thing you can do is avoid this scam altogether and keep your money safe. And if you have already invested, reach out to us, and we might be able to assist you in following your funds and collecting legal evidence.

USI Tech Withdrawal

At this point, we can only talk about the USI Tech refund. Namely, the company is using money coming from new investors to approve withdrawals for previous ones. As happened with their other domains, they were left with no money for payouts, which led to the domain shutdown.

Then, they start a new domain, collecting money from new investors and running in the same circle. If you cannot get a payout from USI Tech, you should submit a chargeback or a refund request, depending on the payment method you used.

If it is BTC or any other cryptocurrency coin, we can help you track and trace funds. It’s not all lost, and you shouldn’t give up on your hard-earned money just yet!

I Was a Victim of the USI Tech Scam, What Can I Do?

If USI Tech scammed you, you should file a complaint to local authorities immediately. Additionally, you need to take steps toward fund recovery. Whether it’s a credit card chargeback or locating your crypto through CipherTrace software, our experts are here to assist.

Book a free consultation today. Let us evaluate your case, and we’ll give you an honest estimate. Don’t let scammers keep your money!

What Is USI Tech?

USI Tech is a crypto Ponzi scheme registered in Dubai, extorting money from inexperienced investors.

Is USI Tech Regulated?

No, USI Tech is not regulated and has no authority approval for its services.

Can I Get My Money Back from USI Tech?

Getting your money back from online trading scams is possible. Book a free consultation with our experts, and we might be able to assist with the matter.