To truly develop your trading skills and improve your profits, you need a service provider that equips you with the needed tools and knowledge. 

Contrary to their claims about providing all of this and much more, this broker has nothing to bestow upon you except financial ruin. For additional details and information about regulatory action against this firm, read our Inside Invest review.

Non-Existent Entity

Corporate data is important to check before choosing one online financial service provider or the other. In this case, we didn’t have much luck discovering where the Inside Invest broker is registered.

It remains to be seen where this entity actually operates from. Their web presentation doesn’t feature any addresses or phone numbers. Therefore, it isn’t possible to determine the exact location or legal registration of this firm.

Signs of Law Infringement

Due to strict regulatory directives, broker-dealers in the EU are obligated to provide fund safety, segregated bank accounts, negative balance insurance, and compensation plans. 

We remind you of this because the site claims that the laws of Poland have exclusive jurisdiction to settle disputes between the firm and the client. This is the information we found in their legal documents. However, the brokerage firm can’t be found in the KNF register of regulated entities.

So, is Inside Invest legit? Definitely not. The business is already known to be fraudulent because FCA, AMF, AFM, and IOSCO have posted warnings against these crooks.

Reviews Are Not Good

If you’re still pondering whether to trust this scheme or not, please consider taking a look at the honest Inside Invest reviews posted on Trustpilot and Reviews.io. Traders who were unlucky enough to trade on this fraudulent portal are complaining about their funds being stolen and their support inquiries ignored. 

Before they even decide to put money into this sham, individuals are being pestered for months, which is just another boiler room strategy we will further discuss.

EU Traders Preferred Targets

The website we’re reviewing is relatively recently registered, as it’s only been about a year since it went live in February 2024. When you look at the list of countries with the highest number of complaints, you will understand why the aforementioned regulatory bodies had to react:

• France
• Italy
• Netherlands
• United Kingdom

As user reviews suggest, traders should be cautious of offers that come from anonymous yet alleged financial experts who promote this platform. Their main arguments for you to give them money are unrealistic returns and lucrative trading conditions. If you’ve been subject to this kind of pressure and deceit, make sure you contact our legal support.

Accounts and Technology

You’d probably expect much more from a company that claims to continually refine their service in order to best tend to their clients. Don’t be surprised, however, to only find basic and barely functional features and tools available.

For instance, the Inside Invest app is just an already well-known web trader that is usually present on unscrupulous investment sites. This easily manipulated trader is not equipped with any advanced features.

Furthermore, trading accounts demand verification and cost too much for the poor service they offer:

• Starter – $250
• Standard – $500
• Classic – $1,000
• Advanced – $10,000

Trading Terms – Nothing Alluring

Out of all the Inside Invest trading conditions advertised on the site, we’d first like to mention the leverage. Capped at 1:200, this ratio is not only extremely risky but also banned in the majority of well-regulated areas.

Sadly, no other trading parameters are defined. Besides false advertising, exact numbers are not given anywhere. You won’t be able to find out what the spreads are or any of the other fees and commissions charged. These levels of lack of transparency are absolutely alarming!

Withdrawal Instructions

Unclear payment terms are always characteristic of this type of institution, including Sv3 trading, which we’ve reviewed before. Despite claiming to provide various funding methods, clients can only deposit cash using cryptocurrencies (BTC, ETH, USDC, USDT).

The Inside Invest withdrawal is said to take between 7 and 10 business days to process and complete. With undefined fees, however, and potential trading volume requirements imposed, you’re definitely in for a loss. 

Unreachable Support

In order to find out more about withdrawals and other crucial questions, we felt free to contact customer support. The only way to reach out to the support office is via email. As expected, no one replied to our query. It seems that the company doesn’t even answer emails unless they’re automated, like in the case of registration. 

Quite unimpressive, especially compared to how much effort and time reputable powerhouses offer to keep in touch with their clients.

Don’t Trust This Broker Agent!

Notorious cyber criminals like this one, and SafeCrown, for instance, have been blacklisted by financial authorities multiple times. Despite that, they shamelessly continue to rob decent retail traders. At that, their boiler room operators seem to endlessly pressure unsuspecting victims into depositing in their investment programme.

That’s why we’re here. For anyone who has suffered financial loss due to poorly regulated platforms and unlawful brokers, our chargeback team has a solution. To book your free consultation, contact our chat agents and find out more about how to start a recovery process today.

FAQ

Who Owns Inside Invest?

It remains unknown who has founded the scheme and who operates it. It is, therefore, wise to avoid this site altogether.

How to Withdraw Cash From Inside Invest?

The payments page shows only cryptocurrencies as an available transfer method. Since this is too risky, you should contact our legal support for help and advice.

In this Greendax review, we will be investigating a brokerage platform that already displays all of the common scam signs. First off, the firm isn’t regulated in the area it claims to operate from. Secondly, they engage with review-selling networks to increase their ratings. 

Finally, there are plenty of regulatory warnings to clear any doubt you might have had about this dubious firm. Let’s get started.

 Fully Anonymous Conduct

Besides a false Hong Kong address posted on its site, the Greendax trading firm reveals no other details about its incorporation. Popular Forex dealers are transparent about their company information, their contacts, and ownership details. That apparently doesn’t apply to this questionable entity. 

Lack of transparency is never a good sign. Often, you’ll find these illicit businesses claiming to be registered but without providing any valid proof of such claims. FinOpta is another one of those firms that you should stay away from.

Warnings and Alerts

Due to their statements about Hong Kong registration, we checked the SFC database of regulated Forex providers and found no company under the name of Greendax Limited. When we started searching through other registers of licensed entities, we found something far more concerning. 

You see, this shady portal was blacklisted by more than a few financial authorities, mainly in the EU. These include CNMV, IOSCO, ATVP, AFM, AMF, FSMA and FI.The other domain (greendax.com) was also blacklisted by AMF (Quebec) and CSA.

Online financial services providers without a certificate aren’t able to provide safety of funds, compensation options, and negative balance protection.

False Reviews Exposed

The only place online where we found any Greendax reviews was Trustpilot. As soon as you open this page, you will notice site warnings about a number of fake reviews being removed. Due to this breach of guidelines, Trustpilot has prevented the option for any more ratings or reviews to be posted for this firm. 

That means that swindlers attempted to bring their reputation up by flooding the site with false comments and service evaluations. Con artists usually do this in order to leave a positive impression on their potential victims.

Victims – EU Investors

Entering fr.greendax.org into the ICANN lookup returns no results, but the first traces of the domain being active date to 2023. Greendax.com is older, having been created in 2019.

These areas generate the most traffic to the site:

• United Kingdom
• Belgium
• Canada
• Italy

These sorts of fraudulent platforms do not last long after they’ve been blacklisted. This is why we recommend starting the recovery procedure as soon as possible.

Contacting Support is Mandatory

Before we could investigate what this trading platform has to offer, we were redirected from the registration form to a blank page. The page urges potential clients to contact the support team in order to complete the process and become full-fledged clients.

If you manage to get past that step, you’ll be able to choose between one of these live trading account types, although we definitely do not recommend any:

• Beginner – 2,500 $
• Standard – 5,000 $
• Intermediate – 25,000 $
• Advanced – 50,000 $
• Integral – 100,000 $
• VIP – 250,000 $

All of these allegedly offer one-click trading options, support from account managers and other commonly advertised deceptions.

Bogus Trading Technology

The dependable, robust Greendax app should be able to meet the needs of any type of trader. That is at least what the website states. 

To no one’s surprise, we couldn’t locate the trading area or the platform at all. Our attempts to run the WebTrader were obstructed as we were asked to log in first. As aforementioned, we weren’t able to do so. This turn of events leaves us with nothing substantial to work with. It may as well be that this trading software doesn’t even exist.

Unsettling Amount of Fees

While it’s expected of a service provider to charge for their amenities, this fraudster takes the concept to an entirely new level. Legal documents mention several types of fees. These include the administrative fee, the maintenance charges, and a separate inactivity tax of 1,000$ after 90 days of account idleness.

A special group of costs makes the payout and other transaction costs that are not even defined, only briefly mentioned in the legal docs. Furthermore, all trading terms are hidden and not even remotely outlined. 

Unknown Transfer Methods

Deposits are a mandatory condition for the client to be able even to start trading. These can be made via credit cards, as the legal papers suggest.

However, absolutely nothing is said about the Greendax withdrawal. Besides mysterious taxes pertaining to transactions, we didn’t manage to dig up anything else related to this crucial aspect of trading. As if payouts were the least important thing in the whole wide world, these crooks don’t even make a mention of it. It is clear that these blacklisted cyber criminals don’t intend to allow a single withdrawal to happen.

Fake Help Phone Line

We did not expect the help desk to work, so we weren’t surprised in the slightest when nobody answered our inquiry. Methods that the clients can use to contact the company are phone number, email and contact form.

The phone number provided on the site seems to be from Hong Kong. It’s important to note, however, that these professional con artists are likely using a spoofer that lets them use any available number at will. As expected, nobody answered our email messages.

Scammers Took Your Cash? Call Our Experts!

Is Greendax legit? No, it is a forex trading scheme that has been going on for several years now. Lately, however, it has become the subject of numerous regulatory warnings.

Online charlatans think that they are protected by anonymity, but they are very wrong. With the help of our specialist investigators, we can track down the transactions and recover the lost money. You may contact us by means of the live chat we’ve provided on our site. 

FAQ

Is Greendax a Legit Forex Broker?

No, it is an anonymous online scam site! It is an unregulated firm operated by unknown individuals, and the site exists only to steal your money!

Is Recovery Of the Lost Money Possible?

Yes, it is possible to recover the funds. Contact our experts via the live chat and book a free consultation to start a recovery procedure

If you try to find out more about this particular broker, you will face some obstacles. For a start, the company took its name after investment packages some of the biggest banks such as HSBC, BNP Paribas and Danske bank are offering. Therefore, you will find information about legit investing instead of checking out this offshore operation.

Read our FlexInvest review and get all the intel in one place.

FlexInvest Regulations and Security

FlexInvest didn’t list the owner behind the scenes but did say the governing law would be the law of Saint Vincent and the Grenadines. It showed us you’re dealing with an unregulated offshore broker. How can we be sure it’s unregulated? Easily. SVG doesn’t have a regulator. There’s an FSA that registers financial institutions and redirects them to opt for regulation in the country of service. As we couldn’t find FlexInvest with any Tier1 regulator, we know this brokerage has no license to provide financial services and operates illegally.

Beware of the FlexInvest scam and report any suspicious activity immediately.

Fund Withdrawal Issues

According to FlexInvest reviews, the broker is promising clients they will make $100 per day. It’s a typical scam of fraudsters with nothing to offer, so they need to scam clients and promise the impossible. However, even if you manage to make some profit, you will not withdraw it for sure. The company doesn’t allow withdrawals, they refuse to process any requests, and after delaying clients as much as possible, they simply block trading accounts and ban access to funds.

If you recognize yourself in our story, report the FlexInvest scam before it’s too late.

Traders About FlexInvest Scam

According to traders, they’re receiving calls from FlexInvest agents out of the blue and being promised assistance in recovering what they’ve lost with another company. However, once you’re hooked and start an account with FlexInvest, you won’t be able to withdraw any money. In the end, instead of recovering, you will end up in a much deeper minus than before.

Don’t fall for such stories, and always check the brokerage before making any investments.

So, please, avoid FlexInvest forex broker and similar brokers such as Global GT, Hive Markets and FiniVieX.

How Does Online Trading Scam Work?

Online trading scams start from agreeing to invest with an unregulated offshore company or, in general, any illicit brokerage. Whether you submitted your details via an ad, were approached on social media, or similar, you will be prompted to invest money. In the case of FlexInvest, you will be asked for $500 as a minimum deposit. In return, the company will promise you whatever you want to hear – $100 per day, recovering what you lost in the past, etc. All these things are false since you can never withdraw funds you invested with FlexInvest.

Be careful when choosing a brokerage and look for Tier1 regulated companies since you have insurance for the funds.

Scammed by FlexInvest?

If you were scammed by FlexInvest or any similar bogus broker, let us know. Our support will book a free consultation for you to get all the information related to the chargeback process.

But what is a chargeback?

It’s a way for your bank to reverse the transaction. For this to happen, you need to prove that you have been scammed. That’s why leaving the case to professionals is the best option. Tell us your story via online chat, and let’s get your money back!

What is FlexInvest?

FlexInvest is an online trading brokerage without any kind of financial regulation.

Is FlexInvest a scam?

Yes, this is a scam brokerage without any regulation for providing financial services.

Is FlexInvest regulated?

No, FlexInvest is not regulated by any authority body and provides financial services illegally.

What Deposit Methods Does FlexInvest Accept?

Broker accepts deposits via debit/credit cards and wire transfers.

Coinzit is a completely anonymous website. The website traffic is so low, it doesn’t even have a statistic that shows a visitor count. This is quite bizarre, considering that the company claims to be established 6 years ago. The overall design is very poor, with graphics stolen from another cryptocurrency exchange. Furthermore, you can’t help but chuckle when you say the name of the company out loud.

Coinzit, however, is more dangerous than that annoying pimple on your face by a few orders of magnitude. Learn more about this online scam in our Coinzit Review.

No Regulation And Fake Certificates

While Coinzit shows many different certificates coming from the State of Colorado secretary’s office, the company has no connection to the US at all. Even if it were in some way certified by the secretary’s office, this branch of the government doesn’t regulate financial markets in any way.

A quick search of the NFA register shows us that the website operator, Coinzit Global digital assets Co. is not authorized or licensed in the US.

Another false claim pertains to the company being established in Singapore. In this case, one Hendrik William Offenberg is stated as a company CEO. While we could not verify if this individual is in any way connected to Coinzit, we do know that Coinzit is not registered or licensed by MAS either.

Additional investigation has shown us that www.coinzit.com domain is operated from Taiwan, but Coinzit does not show in the MOEA register.

After inquiring with FCA, FINMA, FSCA, AMF, CONSOB, CBR and ASIC we found out that Coinzit is not entered in any regulator database at all. It is our final opinion, then, that Coinzit is an unauthorized entity operating with no regulatory supervision. This makes them a dangerous, fraudulent entity that is likely to steal your money.

Coinzit Clients’ Opinions

Finding any client testimonials about Coinzit was a difficult task, since the company is completely anonymous. We did persist in our efforts, and here is what the people say about their experience:

“ Zero stars. Take your money and guide you through trading only to get near the end and then give you a misleading instruction so you loose it all! Total scam! Stay Away! Far far away! “

“ They won’t allow to withdraw funds, after promising making profits with investing guidance by some “analyst”. Definately a SCAM. “

“ I was working with an agent who wanted 30% of my profit – then I find out they won’t let me withdraw until I pay the 30% so I pay the 30% now coinzit says I need to pay another 30% as it’s a big withdrawal total scam “

Where Does Coinzit Scam Find Their Victims?

Coinzit tries to push the idea that their company was founded in 2017. Although their domain was in fact created in 2018, it was only a placeholder site for hosting services for a long time.

We were able to date the last website lease advert to 2022, so the company must be younger than that. This is the target demographic of the Coinzit scam:

• United States
• United Kingdom
• Poland

It wasn’t just the website that the people behind Coinzit bought. They also own a social network profile on X. Although the follower count is very low, you don’t need followers to pester people to invest with your fraud.

This is exactly what the Coinzit boiler room agents do. They hang around social networks, looking for people to invest with their crooked platform. If they can’t find people online, they turn to dialing phone numbers and using Telegram messaging service.

If you’ve had a run-in with anybody claiming to be an employee of Coinzit, break communication immediately. In the case you’ve already deposited with this firm, contact our recovery experts as soon as possible to see how you can chargeback your assets.

Expensive Hidden Fees

One of the hallmarks of every scam company like Coinzit or GoldenrodFX is the lack of any information. Coinzit.com website doesn’t contain anything about different fees, except the fact that they do exist.

Beware of any company that doesn’t publicly present their costs. They commonly invent various hidden fees and ask for more money up front, only to pull the rug under your feet in the end!

General Trading Features On Coinzit

No matter how little you expect from Coinzit, they still manage to disappoint you. Their website is an utter mess, like the one operated by CFDglobe fraud.

Besides the usual dead links that lead to nowhere you will also be greeted by non-functional trading applications. You won’t even be able to create a Coinzit Login, because of how broken javascript is on coinzit.com.

Trading Platform Does Not Work

Unfortunately, we were unable to gain access to the Coinzit trading application. Not only were we unable to create a Coinzit Login, the application itself doesn’t function.

One of the key features of trading on a cryptocurrency exchange is a well made trading application. The crypto market is very volatile and fluid, and you need software like cTrader, MT4 or MT5 to assure good quality of service.

Selection Of Trading Assets

The clients of Coinzit don’t have an actual ability to purchase or sell crypto coins on their platform. The platform allows trading other cryptocurrency related assets. Unfortunately, with the poor state of the website, we couldn’t examine these assets thoroughly.

Here is what Coinzit claims to offer:

• Cryptocurrency Pairs (BTC/USDT, ETH/USDT, EOS/USDT, BCH/USDT)

Dysfunctional Account Creation Form

When it comes to account types, we have only managed to draw a complete blank. Not only does the company not advertise any trading accounts, we were unable to create a working Coinzit Login either.

We suspect that creating a trading account may only be done through a boiler room agent. This puts clients in greater danger, as these agents’ job is to squeeze as much money from their mark as possible.

Unlisted Mobile App

Coinzit does offer a mobile trading app for both iOS and Android devices. This app is not listed with either Google Play or App Store, however.

We advise our readers to never install any software that is not listed or rated on their devices’ dedicated software platform. More often than not, these apps contain dangerous malware that can create a backdoor for hacking.

Problems With Coinzit Withdrawals

As you have seen with the client testimonials, Coinzit only allows withdrawals through the dedicated “account manager” employed by the company. In fact, their website doesn’t even advertise any withdrawal options.

If you have been defrauded by Coinzit, there are still ways to recover your assets. Contact our legal professionals through the live chat, and book your free consultation for more info.

Unresponsive Customer Support

The Coinzit customer support will link you directly to their Telegram chat room. It’s the same one their boiler room agents use to soften their newly found victims.

When you try to voice your concerns, they either ignore you, block you, or pester you to invest further funds. In the end, your issues will remain unsolved, and you will find yourself with even less money in your pocket.

What To Do To Recover Money From Coinzit Scam?

Coinzit is a completely unregulated cryptocurrency exchange. The company tries to fake credibility by posting nonsensical counterfeit certificates allegedly issued by the state of Colorado Secretary’s Office. Their website is dilapidated, and many of the important functions either don’t work, or don’t exist.

Losing money to an online fraud can put a strain on any household budget. Don’t worry, because there is a way to recover your money! Contact our experts via the live chat and book a free consultation today!

FAQ Section

What is Coinzit?

Coinzit is an illicit cryptocurrency exchange that operates without supervision from financial authorities.

Is Coinzit A Scam?

Yes, Coinzit is a cryptocurrency trading scam. If you have deposited assets with this unlicensed firm, contact our legal experts in order to start a chargeback.

Is Coinzit Regulated?

No, Coinzit is not regulated and does not have a license to provide the services they offer.

FXBTG is an illicit brokerage brand owned by the notorious FXBTG Financial Limited, originally registered in New Zealand in 2018. After a court appeal by the jurisdictional regulator – FMA, FXBTG has been deregistered.

In the meantime, quite a few financial authorities have blacklisted this broker dealer for operating in their jurisdictions without being properly licensed. What really went down and why things ended the way they did for this broker, is what our FXBTG review investigates.

Operating Illegally Since Day One

FXBTG Financial Limited was first registered in New Zealand. After a careful investigation, conducted by FMA, it was determined that the entire company was one man operating their computer somewhere in NZ. 

FXBTG was not providing financial services in the country, but were targeting other areas and traders, especially in South-East Asia, while misusing the NZ registration as a reputation boost.

Soon after the deregistration from the FSPR (NZ) database, several financial authorities have posted warnings on this firm operating without a license in their jurisdictions. This includes DFSA, FI, SFC, CBI, FINANSTILSYNET, CNMV and AFM.

Today, this broker operates out of SVG, and is only registered with SVGFSA, but is still unlicensed, considering that this regulator doesn’t supervise the brokerage activities.  

In conclusion, FXBTG is a dangerous entity targeting traders all across the world. The company doesn’t provide segregated bank accounts, negative balance protection or compensation funds. You are in no way protected when investing here!

Targeted Areas and Strategies Employed

FXBTG has stayed in the business over the course of 5 years because they do efficient advertising via social networks. The firm also engages a number of phone call spammers that sell these glorified services that do not perform so well in practice. 

However, that matters less. What is primarily the goal of all boiler room agents is to get your interest sparked and then you’ll just make one deposit after another.

Beware of all their plans and propositions that sound too good. Less than one in a million investors get so lucky. And you certainly won’t with a fraudulent brokerage that only aims to pocket all your capital. 

We’d like to warn investors from these countries to be particularly vigilant of the threat that FXBTG imposes:

• Malaysia
• Indonesia
• United States
• Norway

What Traders Think of FXBTG

If you’d like to get insight into what consumers and users think of a specific company, we always recommend going to their Trustpilot page, as we did for FXBTG.

Judging from the overall rating of 2.5 out of 5, it doesn’t seem like anyone is pleased by the FXBTG quality of service. Please read some of the most detailed testimonies posted by their ex customers and consider advising us if you have funds stuck with these scoundrels:

“Beware of the so-called free $3000 bonus campaign..! It ‘s all fake. Belive me as I was refused to get the commissions for lot placements that were required. The y changed their terms and conditions of the bonus without notice to their own policy and discretion when I tried to claim for the commissions I deserved for completing the lots requirements. FAKE $3000 campaign,,,! You will never be able to get the commissions…”

Trading Conditions and Suspicious Pricing

Opening a FXBTG account is relatively cheap – it takes only a deposit of $100 to complete registration of the cheapest live account type. However, nothing this broker sells is anyhow lucrative. Firstly, the trading conditions here are extremely risky, and the trading parameters scream scam. 

The maximum achievable leverage is 1:400, which easily has your trades end in loss. What’s more attractive are the fake spreads that start from 0.0 pips on EUR/USD. This is complete disinformation, considering that the fees page shows the starting EUR/USD spreads are set at insane 9 pips!

Bonuses

FXBTG offers a variety of bonuses. The plan behind them is to attract victims and then use malicious bonus clauses to prevent investors from withdrawing. In that sense, the broker offers:

• Deposit Bonus of 50%
• Starter Bonus of $50
• $100 Bonus on your birthday
• Cash rewards on number of lots traded

Defunct Trading Tools 

At first, the FXBTG offer seems great and beyond profitable. The trading platform offered is MT4 and there’s a number of tradable asset groups and accounts to choose from. 

However, the truth is far uglier. MT4 is downloaded directly from MetaQuotes site, which means the broker doesn’t have their own trading server. Another option is their proprietary app in Chinese only. Furthermore, all accounts apart from the starter package are insanely expensive and completely not worth it! RealFXPro is another SVG broker with trading features useful to no one.

MT4 and FXBTG App

Providing MT4 is always a plus for the broker dealer. The downside in this case is that you can only download this software from the developers own store. FXBTG itself doesn’t have their proprietary trading server up and running. 

There’s also a possibility to download the FXBTG app, which is in Chinese only, so English-speaking users can find zero use in it.

Financial Instruments Provided

When the platform fails to deliver, the rest of the services and features cease to matter. FXBTG still claims to offer over 10,000 products for trading. They’re divided into the following groups:

• Forex (EUR/USD, EUR/GBP, USD/AUD, USD/JPY)
• CFDs on Metals (Silver, Gold, Platinum)
• CFDs on Futures (Crude Oil Futures, Natural Gas Futures)
• CFDs on Indices (AUS200, EU50, FRA40, GER30, HK50)
• CFDs on Commodities (Cocoa, Coffee, Cotton, Sugar)
• Crypto (BTC, ETH, LTC, XRP)

Several Account Types

The promising FXBTG packages demand quite the price to be paid in order to buy and then use them. Besides the initial deposit requirement, which is the account price, the minimum deposits every time you want to refill your balance also have a minimum sum.

The worst part is that none of these accounts doesn’t provide any magnificent features. Even the advertised ones are questionable, considering a fake broker is vouching for them. 

These are the prices:

• Mini Account – $100
• STD Account – $2,000
• VIP Account – $5,000
• PRO Account – $20,000
• Trader Account – $5,000

Demo Account

Seeing that trial trading was an option, we decided to try and open a Demo account. However, FXBTG for some reason demands that you go through KYC procedure and also share your payment info. This is a condition to account opening even if you choose to trade on Demo! There’s no reason for you to share your sensitive information with an unscrupulous website with a reputation as bad as FXBTG has.

Withdrawal Issues 

Dealing with fraudulent brokers is always risky and never recommended. The biggest issue all FXBTG victims have faced are the payout obstacles. As it appears, FXBTG is prone to asking for withdrawal fees to be paid up front while giving no guarantee that they’ll allow withdrawals at some point. 

Also, the horrible bonus clauses that not many rookies pay attention to can also do significant damage to your ability to cash out profits. Beware of companies that promise a lot – they give nothing in actuality. Just like Roldex Pro, FXBTG uses lies and deception to acquire profit.

Attempting Contact is Futile

FXBTG at first seems open to customer complaints and very dedicated to respond to all the potential inquiries. That is, only in the advertisements. While attempting to contact the customer’s support, emails remain ignored and phone calls unanswered. Besides these useless communication channels, the online chat support is only in Chinese and it’s not an agent you’re connected to, but an automated chat bot.

Contact Us For Help

Finding yourself trying to get your deposit back from FXBTG is not a pleasant situation. However, there’s a way to fight these notorious criminals. Besides contacting the authorities to take legal action and prosecute them, you can also contact our legal support team to help you restore your investment. 

The best way to get in touch quickly is by using our Online Chat feature. And do not forget – your first consultation is completely free of charge!

FAQ Section

What is FXBTG?

FXBTG is a fraudulent broker from SVG that was previously registered in New Zealand.

Is FXBTG Legit or Scam?

This broker is a complete scam, as it was confirmed by multiple financial authorities all over the world. Please contact us for help if you have troubles withdrawing funds from this site.

Where Is FXBTG Located?

The company is now located in Saint Vincent and the Grenadines, but was originally registered in New Zealand until FMA asked for them to be deregistered because of the abuse of their registration.

Sometimes, it’s difficult not to judge a book by its cover, especially when it comes to the website of this so-called broker. It’s so poorly done that large portions of the few pages it has either fail to load or break down when used.

What makes the whole operation so dangerous is not the ramshackle facade but the people working behind it. Follow our ABN Markets review as we unravel the workings of online fraud.

Who Owns This Broker?

The company that owns the ABN Markets broker is registered in two separate nations. The headquarters are said to be situated in Montenegro, with the firm called ABN Markets Pty D.O.O. Budva. Looking into the CRPS register, we can indeed see a company under that name with the matching address. The company’s founder is one Bahadir Uyaroglu, who owns 100% of the shares, with founding capital being marked as “foreign.”

Foreign from where we hear you ask. Well, there’s another address marked on the site – one in Bulgaria. Searching the official Bulgarian company registry online is not yet possible, but using a third-party site, we found no matching name in the database. The provided address shows a residential building.

Unlicensed Forex Service

Finding out where the company is from was a convoluted affair with no conclusive results. Investigating the regulatory information, though, was quite easy. The main financial regulator of Montenegro is an agency called SCMN. Although not considered a particularly strict regulator, they still list licensed entities on their website, and ABN Markets Forex broker is not one of them.

Bulgarian FSC, although not considered a Tier-1 regulator, still subscribes to the EU MiFID II system. This means that implementing leverage restrictions of 1:30, compensation funds, and full financial transparency is mandatory. The only problem here is – the firm is not in the FSC database either!

We’ve reviewed this company before. The difference now is that thanks to the recent FCA warning, its status as a fraudulent entity is as solid as granite.

Scamming For Years

The fraudsters operated two separate web domains. The older “brother” is abnmarkets.com, dating back to 2021, with abnmarkets.net created in 2022.

Victims of the online hoax are mostly citizens of these countries:

• Germany
• Netherlands
• United Kingdom
• Australia
• Canada

Neither of the sites generates much traffic. The only external link that leads to them is a single Facebook page, but this does not impact the con scheme significantly. After all, the majority of these operations, including MoneraCap, work as scam call centers.

Completely Nonfunctional Amenities

Reviewing any ABN Markets login accounts and applications is an impossible task. There are two sites, each with a page dedicated to creating a live account and a demo account, and none of them work.

The main websites are barely holding together as it is, and are chock full of dead links. The only place where you can find info about accounts is on the homepage, and this is what is shown:

• Seamless Trading
• Empowered Trading

Nothing is mentioned about how much this costs or which pricing model they use. Both have the same basic characteristics, which are just listed in a different order.

As for the ABN Markets app, the story is pretty much the same with only a passing mention of a “wave mobile app”. There are so many programs on Google Play and AppStore sharing the same name. It’s like finding a needle in a haystack. Either way, the software would be useless without the trading account, so we gave up.

Nonsensical Trading Parameters

Have you ever heard of the term “Promption”? No? Well, neither did we, but it apparently means ABN Markets trading instruments. There is a drop-down menu listing several of the most popular groups:

• Forex
• Cryptocurrencies
• Commodities
• Metals
• Indices

Clicking on any button in the menu leads to either a 404 page or a page that states the company’s mission.

As for the overall trading terms and costs, no information is available at all. Leverage is “powerful”, spreads are “as low as 1” and “from 2”, commissions are from “3” and as low as “4”. The swindlers claim this to be in order to optimize trading performance and profitability. Now, that is as low as 1 in our books!

Doesn’t Allow Payouts

Sadly, there is nothing concerning any payouts on the ABN Markets scam portal. There is no dedicated withdrawal policy page, nor is there a Terms and Conditions document to speak of. Withdrawals only get a passing mention here. They are described as being swift and convenient, but we seriously doubt this claim. There’s supposed to be an FAQ page that should have more information on the topic. The problem is, you’ve probably guessed by now – it doesn’t exist.

Payout policy or not, cybercriminals won’t consider the documentation legally binding in any way. Take FinUp as an example, which does have a detailed Terms document, but never addresses details about payouts.

Blacklisted Phone Number

The help desk is another thing that isn’t present on the site. Clients can allegedly contact the company by phone or send a message through a contact form.

The phone line is listed on the FCA website as belonging to a con scheme, so we strongly advise against using it.

What You Can Do To Recover Lost Money

This online trading sham has been operating for a few years now, and the number of victims has only been rising. Although the silver-tongued thieves will make you believe you’re earning money. However, you won’t be able to withdraw a cent of your alleged profits.

However, customer support does not need to solve the problems with ABN Markets’ withdrawal. Our team of experts is on hand to help you recover funds by legal means. You may reach us by using the live chat available around the clock for your convenience.

FAQ

Who Owns The ABN Markets Broker?

The company is registered in Montenegro, with the owner listed as Bahadir Uyaroglu. Personal information on this individual is available on demand from CRPS.

Is Recovery Of Stolen Money Possible?

In a large number of instances, recovery is possible. To learn more on how to get your money back, contact our legal experts by using the live chat.

Where do we start with this con artist. How about the fact that there’s a fake license number chilling on the website? Or the lie about the owner? The shady trading platform isn’t any better. With all that in mind, we now present to you the Titan CFD Review and the truth about this scam.

Additionally, we strongly advise you to avoid the fraudulent brokers Wilton Option, Axe Market, and BE22.

Is Titan CFD a Scam Broker?

Absolutely positively. To prove this, all we have to do is expose the lies behind the tiny discrepancies found at the bottom of the website. Namely, Titan CFD claims to be the brand name of Vie Finance Ltd, regulated by HBMC. A hoax! We found this company, it’s from Greece and operates under the jurisdiction of HCMC, license number 4/792.

And Titan CFD claims to have an address in Estonia. What a bunch of lies. This unscrupulous broker is anonymous and unlicensed.

Titan CFD is an unregulated and fraudulent broker that offers CFD and Forex trading. The scammer says it operates from Estonia and targets traders from the United Kingdom, Italy, Belgium and France.

Why It Is Better Not to Choose An Unlicensed Broker

Safety and security come first. If you trust a licensed broker, you can benefit from numerous regulatory measures introduced to make trading fair and safe.

We’re talking about leverage restriction, negative balance protection, indemnification and segregation of funds. Those are some of the demands required by top European regulators such as the FCA, BaFin, CONSOB, CySEC, etc.

Warning From CONSOB

This is the end of the road for Titan CFD. The financial swindler was caught in its wrongdoing by the stern Italian regulator – CONSOB and the Estonian Finantsinspektsioon. The authorities put the broker on their long blacklist. Therefore, Titan CFD is dead in our eyes.

What Platforms Does Titan CFD Offer? – Available Trade Software

Upon entering the shady website, we saw the fraudster wrote “fully-regulated online trading platform” and immediately rolled our eyes. We’ve already debunked the ‘regulated’ part but what about the actual platform?

Turns out, the broker blocked us from seeing it. Supposedly, there should have been a preview but the web page was broken and there weren’t any download links. Thus, we believe that there is no legit platform there besides a simple browser-based terminal.

Mobile Web Platform

Since it’s a web-based platform, it can be accessed via mobile phone too. However, mobile trading proved to be inferior to PC trading. Mainly due to smaller screen disadvantages. 

Nevertheless, it could be good for quick adjustments but we don’t recommend you trade with Titan CFD.

Web Platform

As for the platform itself, it’s known as WebTrader. This simple terminal is easy to obtain and scammers love it. It makes them seem legit but the platform is actually pretty lackluster without advanced tools. 

Plus, unregulated brokers oftentimes manipulate these web-based platforms to create the illusion of trading while taking the money.

Titan CFD Range Investment Opportunities – Trading Instruments

When it comes to trading assets, Titan CFD, as the name suggests, is mainly engaged in CFDs. There are also Forex currency pairs available but there aren’t any crypto assets there. Here’s an overview of the instruments. Don’t let this neat list fool you, Titan is still illicit.

• Forex pairs – EUR/USD, AUD/CHF, GBP/JPY…
• Stocks – eBay, Pfizer, McDonald’s…
• Commodities – crude oil, copper, aluminum, wheat…
• Indices – IBEX35, WIG20, DOW30…
• ETFs – iShares iBoxx & QQQ.

Titan CFD Fraud Risk Zones – Service Countries

It is also our duty to know where this fraudulent broker conducts its foul scheme. After doing some research, we made a list of countries:

• Italy;
• France;
• Belgium;
• The UK.

Titan CFD contradicts itself pretty hard on the website. First, it says it doesn’t accept UK clients but then posts fees for them.

On similarweb.com, we found that the scam broker’s website was visited 1.1 million times in October 2022. Titan CFD was most active in Italy, but luckily, CONSOB reacted.

What is more, we strongly advise you not to invest in TIQ FX, RaiseFX and MorganFinance fraudulent brokers.

Titan CFD Accounts Overview

The illicit broker offers a total of nine different account types:

• Basic – 200 $;
• Discovery – 2,000 $;
• Silver – 5,000 $;
• Gold – 10,000 $;
• Diamond – 15,000 $;
• VIP – 30,000 $;
• Prestige – 50,000 $;
• Superior – 75,000 $;
• Infinity – 100,000 $.

Titan CFD made a pretty confusing and misleading table so we didn’t even bother to try to understand it. The prices were clear and that’s what we needed. As you can see, they’re outrageously high. The rest of the perks that each type bears were not disclosed.

Company Offers a Free Demo Account?

Not really. Titan CFD says it offers “initial 10 positions for educational purposes” you could use to “trade without fear of losing your money and get more familiar with our platform.” The whole thing is vague as hell. This isn’t a real demo account.

Titan CFD Terms and Conditions

As if this scam wasn’t abysmal already. We didn’t find the T&C section on the website. There’s only a Risk Disclaimer and that’s it. No T&C, no Privacy Policy, AML & KYL. Without legal documentation, Titan CFD cannot be considered legit.

Scammed by Titan CFD Broker? – Allow Us to Hear Your Story

If you’ve been tricked by Titan CFD, don’t despair. We know it’s frustrating but there are ways of getting a refund.

Since the shady broker takes payments via credit cards and bank transfers, you can request either a chargeback or a recall, depending on the way you deposited funds. We can help you there.

What Is the Chargeback Procedure?

A chargeback is used to reverse credit/debit card transactions. It applies to MasterCard and Visa cards and is performed by the issuing bank if you request it within 540 days. 

However, if you’ve provided the scammer with personal documents such as your ID card or passport, the chargeback will fail.

As for wire transfers, you have to request a recall. This process will reverse the transaction but only if it hasn’t gone through yet. Therefore, rush to the bank at once!

If you need help with chargebacks, book a free consultation with our chargeback specialists who will help you to regain your money.

What Is Titan CFD?

Titan CFD is an anonymous and fraudulent broker that claims to offer Forex and CFD trading.

Is Titan CFD a Scam Broker?

Yes. The broker lied about being based in Estonia and provided a fake license number. Titan CFD has been blacklisted.

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

We don’t know about the United States but we did find that the scammer targets UK traders despite claiming it doesn’t provide services there.

Does Titan CFD Offer a Demo Account?

No. There’s no free demo account anywhere on the website.

NFL Markets Dubai-based broker might look legitimate at first glance. With fully transparent addresses and contact details, it appears they are not hiding anything. On top of that, they are partners with regulated broker BDSwiss.

But to see if that’s good or bad, we recommend you read this NFL Markets Review carefully. Indeed, not every regulated broker can be trusted. Let’s find out why.

Legal Info: Is NFL Markets Legit Or A Scam?

The first thing you can see is that the company claims to have been in business since 2011. Yet, their domain was registered in November 2022. On top of that, they allegedly have thousands of clients and over $1 trillion in crypto transactions. But who would trust that much money to an unregulated broker? Nobody with a common sense.

In the first place, the NFL Markets broker doesn’t have any licenses. Starting with domestic DFSA (Dubai) and top-notch ones like FCA, BaFin or ASIC. Another issue is that the company’s partner, BDSwiss, has numerous issues with regulators. There are multiple warnings connected to the BDSwiss group, starting with BaFin, BCSC, and FCA.

Who Are NFL Markets’s Victims?

Sadly, there are thousands of clients, and zero NFL Markets reviews. Isn’t that strange? In any case, website analytics show us where most of their traffic (i.e., victims) comes from: 

• United States
• India
• Belgium
• United Kingdom
• Canada

So if this firm ever contacted you, be wise and don’t fall under pressure. Yet, if you have money stuck with this broker, contact us as soon as possible for chargeback advice.

Investment Costs With NFL Markets

Generally speaking, some trading conditions with this broker might look attractive, such as leverage of up to 1:1000. Thus, without negative balance protection, that’s the worst thing you can get. 

On the positive side, the company offers average spreads of 1.5 pips. But if you get those, you can consider yourself lucky. While the commission is not included in any of NFL Markets account types, fees are not disclosed.

Bonuses

Since the company’s T&Cs are not available, it’s hard to check if any bonus offers are possible. Usually, such offers include shady clauses. To see how to recognize those traps, read our Gammaron review.

NFL Markets Trading Features

As something positive about this broker, we can find Trading Central’s availability and autochartist features. In addition to that, the company is using highly trusted trading platforms. Yet, with their lies about the registration date and potential number of clients, it’s hard to trust these.

Trading Platforms Available

The platforms traders can use with this firm are Meta Trader 4 & 5. Both options include numerous advanced features, charting options, customization features, and fast executions. 

Yet, if you wait a bit with a deposit, you will realize that a trusted platform doesn’t define a broker as a trusted one.

Available Trading Assets

Trading instruments can play an important role for traders. Yet, if the broker won’t allow you to get your profits out, instruments go in the second plan. In any case, the options are: 

• Forex – USD/JPY, CAD/EUR
• Indices – DAX30, CAC40
• Commodities – crude oil, gold
• Shares – Microsoft, Google
• Cryptos – ETH, XRM

Account Types

As can be seen, NFL Markets deposit requirements are reasonably low at $100. Either for Classic or Premium accounts with slight differences. But also, there’s a VIP account with a $3.000 deposit requirement. Thus, the only difference is a lower starting spread. Yet, not guaranteed one.

Mobile Trading App

On the positive side, the Meta Trader bundle includes iOS and Android apps as well. Therefore, you can enjoy a maximum of features wherever you are. 

However, there are firms like BitMart that have trusted apps but also shady businesses. Therefore, think wisely.

Demo Account

Before you even think of depositing money with an NFL Markets scam broker, you might reconsider a demo account first. Thus, to get advertised free demo access, you have to complete a full registration. This means leaving contact details with a scam broker.

Education

According to the company’s presentation, traders can get access to the trading academy and live webinars. Thus, without regulation, customers might wonder how reliable it is. Will it teach you how to throw money away into scammers’ hands or how to invest wisely?

NFL Markets Withdrawal

As can be seen, all withdrawals are processed through the partnered company BDSwiss. To remind you, one with multiple warnings. Also, all fees and commissions depend on them.

Even though the processing time is claimed to be within 24 hours, all of that is highly speculative. Therefore, watch out for the oldest tricks in the book, such as verification problems, AML laws, and unclear fees.

Customer Support

Even though contact details are fully transparent, it’s a question if those are reliable. Since none of the thousands of clients left a review about this “trusted” firm, you should wait a bit with depositing.

In any case, if you register, you can expect support availability only five days a week. On the positive side, they provide phone lines and e-mail as contact options.

Key Information To Consider About NFL Markets

Primarily, the company is not licensed by any trusted regulator. Secondly, the company is connected to a firm that has multiple issues with regulators. All in all, zero reasons to throw your money away with them. Instead, you should opt for Tier 1 licensed firms and avoid any trouble.

However, getting scammed can happen to anyone. And it’s not the worst thing in the world. At least if you know what to do next. Sometimes, it’s as easy as filing a chargeback. Thus, for any form of refund, we suggest you talk to our experts and get professional guidance. Book your free first consultation today!

FAQ Section

What is NFL Markets?

NFL Markets is a Dubai-based Forex and CFD trading firm with an alleged presence in the markets since 2004.

Is NFL Markets a Legit Broker?

Definitely not. The company is misleading traders to believe they are legit. On top of that, they are not regulated.

What is a Chargeback?

When a cardholder disputes a charge on their account, their bank reverses the debit or credit card transaction. This process is known as a chargeback.

Capitality broker claims to be based in Switzerland but fails to provide us with the FINMA license number. And this is just the first of many red flags. Since we received numerous complaints, we decided to check the business and confirm if your funds are safe.

Read our thorough Capitality review to find out everything.

In top of that, we seriously recommend you not to invest in the fake brokers Aiko Markets, OptiumGroup, and TheExchangeBank. Do not trade with these unlicensed brokers if you want to save your money!

Is Capitality a Trustworthy And Licensed Broker?

Capitality is a brand of Capitality FS International LLC. The company was stated to be a “Swiss financial institution registered with the Financial Services Authority of Saint Vincent and the Grenadines.”

This per se is enough for us to suspect the brokerage. First, Switzerland has quite a firm regulatory body, FINMA. It ensures that firms follow strict rules, limit their leverage, provide negative balance protection, and keep clients’ funds in segregated accounts.

On the other hand, we have FSA from SVG, the register of Forex firms, but not a regulator. Thus, even if Capitality has entered FSA commercial register, it would mean nothing in terms of license and business regulations. 

Reasons Not to Trust an Unlicensed Broker

As aforementioned, licensed brokers should follow the rules and have enough funds to reimburse potential victims. Offshore brokers, on the other hand, have no obligations whatsoever.

Assuming that the firm is in SVG would mean that it operates without any valid regulations. Simply put, it can vanish at any moment with your funds, and you will have nowhere to file a complaint.

How Reliable Is Capitality Broker?

Capitality is an offshore firm based in Saint Vincent and the Grenadines. As such, it doesn’t follow under any regulations. Negative reviews indicate that the firm cannot be trusted.

What Do Traders Think Of Capitality?

Capitality reviews highlight the main issues with the brokerage. The company is welcoming and supportive while customers are depositing their funds. Once they decide it is enough and request a payout, this firm freezes their access to money and trading accounts.

If this story sounds familiar, it’s time for you to file a complaint.

Capitality Offers a WebTrader and MT4 for Trading?

According to its website, Capitality offers two trading platforms – WebTrader and MT4. While web-based software is a simplified tool without any special features, MT4 brings all the benefits. Customers can access EAs and social trading and customize the platform according to their needs.

Normally, having MetaTrader would be terrific. Yet, in this case, the broker provides unregulated trading conditions, affecting the outcome of your trades.

Capitality App for IOS and Android Devices

The app enables trading from any iOS or Android-based device, whether a mobile phone or tablet. Allegedly, it contains interactive quotation charts, a full range of trading orders, and the most popular analytical tools. 

Since we cannot review the app without making an initial deposit, we cannot comment further.

Capitality Accounts Overview

In the FAQ section, Capitality mentions two account types:

• Partner account – 10,000 EUR
• VIP member account

The first is said to be available to any investor, bringing access to institutional market analysis and transparent trading execution. VIP member status has to be earned and approved by a senior upon assessment.

Capitality Broker – Countries Of Service

According to reviews, Capitality mainly targets residents of Switzerland and Australia. However, the firm has no license and operates offshore, meaning it can provide its services anywhere.

If you see any ads regarding Capitality Forex broker, you should skip them. This company won’t bring anything but a headache and concerns about your funds.

Security Methods Provided by Capitality

Allegedly, the firm takes all the measures to prevent theft and money laundering. They operate according to KYC/AML standards and protocols. However, we haven’t been able to find any measures that they actually apply or any protocols that they follow.

It’s all just a nice display show for inexperienced investors. Don’t fall for it.

Capitality Range of Trading Markets

The broker enables access to all 5 major markets, including:

• 30+ currency pairs – EUR/USD, CHF/PLN, GBP/TRY
• 30+ indices – SPX500, US30, EUR50
• 10+ commodities – WTI, corn, gold
• 50+ cryptocurrencies – DOT, DOGE, LTC
• 2,000+ shares – MSFT, AMZN, NVDA

Also remember the names of the Broker Capitals, ProsperityFX and Crypto Lloyds trading scams and avoid them at all costs! Moreover, always check the background of online trading companies before investing!

What Is Known About Capitality’s Trading Conditions?

Since we already elaborated on the broker’s regulation, it’s easy to understand why provided trading conditions are unregulated. For instance, the leverage exceeds the regulatory limit, swaps are relatively high, starting at $3. The spread is above the industry average as well. All in all, trading with Capitality won’t be cheap or favorable.

What Is the Broker’s Leverage and Spreads?

The company enables leverage of up to 1:500 for the Forex market. In the EU and UK, this limit is set to 1:30. In Canada and US, it’s slightly higher, standing at 1:50. Capitality puts your funds at ten times higher risk than any global regulator would allow. 

The spread starts at 2.3 pips for EUR/USD pairs, while the industry standard is 1.5 pips.

Capitality Minimum Deposit and Unfavorable Withdrawal Terms

Only in the FAQ can we find information about the minimum deposit and withdrawals. The company requires investors to start with at least 500 EUR, double the standard. 

As per withdrawal, the company insists clients provide Withdrawal Authorization Code from the partner card. It can easily mean that you need to give them your CVV code so that they can swipe your card and take more funds.

What Payment Method Does the Broker Accept?

The company accepts:

• Debit/credit cards
• Wire transfer
• SEPA
• UnionPay
• Bitcoin
• iDEAL

Scammed by Capitality Broker? – Let Us Hear Your Story

If you were scammed by Capitality or a similar bogus broker, let us know. Our chargeback experts may be able to assist you with the refund. Don’t let scammers keep your hard-earned money. Book a free consultation, and let’s put an end to it.

But What Is A Chargeback?

A chargeback is a way for the bank to recover funds stolen from your debit/credit card. Contact us right away to explain your case in detail. We will evaluate it and find the best recovery method. Act now.

What Is Capitality?

Capitality is an offshore trading brokerage pretending to be based in Switzerland.

Is Capitality a Scam Broker?

Capitality is a scheme broker that has added a fake Swiss address to its website.

Is Capitality Available in the United States or the UK?

The broker is available in the UK but doesn’t operate in the US.

Does Capitality Offer a Demo Account?

No, Capitality doesn’t offer a Demo account, only two Live account types.

While 24Funds may seem like an immense option with a friendly-looking website and solid trading conditions, it cannot be further than the truth. Read our 24Funds review to find out everything about this illicit offshore operation.

What About 24Funds Regulation?

24Funds is owned by Samiki Partners Ltd, a company registered in the Commonwealth of Dominica. Since this offshore country is not entirely known by firm regulations, we’ve checked whether 24Funds even obtained any license. As you can already guess, the answer is negative. There are no regulations, and any funds you invest with this shady trading firm are at risk.

When trading, ensure to find Tier1 regulated brokers since these companies have compensation funds and keep your money in segregated accounts.

In addition, we strongly advise you not to invest in FX Capital Group, Truexoption247 and Elcomercio24 fraudulent brokers.

24Funds Warnings From Financial Regulators

Based on numerous complaints, the Spanish regulator CNMV issued an official warning, stating that 24Funds is an unauthorized trading firm and has no permission to provide any kind of financial services.

Later, the same warning was republished by the Italian CONSOB…

…Also by the Belgian FSMA.

Finally, Slovenian A-TVP took the Spanish warning seriously and warned its citizens not to be involved with 24Funds.

Fund Withdrawal Issues With 24Funds Broker

With all the complaints and regulatory warnings, it’s not hard to guess that the biggest issue clients face is withdrawals. The broker doesn’t approve any withdrawal requests. In fact, it goes up to the point where clients’ accounts are being frozen and access suspended if they insist on getting their money back too much.  

Don’t let any fraudulent investment firm keep your money. Instead, file a report immediately and get it back.

Areas Of 24Funds Trading Scam

The broker is mainly active in Spain, the UK, Germany, and Canada, according to reviews. Furthermore, we’ve seen complaints from the Netherlands, Austria, Australia, and more. If you’ve had a negative experience with 24Funds brokerage, make sure to contact us immediately and tell us your story.

24Funds Web and Mobile Trading

The broker provides Web trader and MT5 platforms. Both are available for Android and iOS mobile devices through a dedicated app. However, since you’re looking for higher security, MT5 should always be a preferred option. As an MT4 successor, it has the largest number of trading charts and indicators while including EAs and social trading. With a Web trader, you’re less safe and have fewer options for comfortable investing.

Yet, we need to remind you that the broker is illegal, and any money you invest may easily disappear.

Traders About 24Funds Scam

Since the company is causing problems with withdrawals, as you can tell, most reviews are quite negative. Clients are expressing what they’re going through, how their initial deposit or the alleged profit has just disappeared once they have submitted withdrawal requests, and how they don’t have a solution for a problem.

If you’re one of the victims of the 24Funds scam, contact us right away.

How Does Online Trading Scam Work?

There are many different online trading scams – by regulated or unregulated brokers, offshore or based in reputable countries. What’s common for all is the fact that they will refuse to approve your withdrawal request once the time comes. You’ll simply be ignored, without a possibility to reach anyone at the company, since they’re not willing to deal with you once they have taken everything.

Sadly, this happens on a daily basis and the best thing to do is file a dispute for a chargeback.

Deposit Bonuses As A Scam Tactic

As you can see on the broker’s main page, 24Funds immediately gives a deposit bonus of up to 20%. You don’t know that this bonus implies that you cannot withdraw your profit until you reach 25 times the bonus plus the deposit amount. This means it can take months before you’ll be able to get your funds out. Also, the broker claims the right to keep any profits made with so-called non-deposited funds, so your profit may easily never be paid out and with a legitimate reason.

Also remember the names of the Investor500, 24trading and Forex48 trading scams and avoid them at all costs! Moreover, always check the background of online trading companies before investing!

Scammed by 24Funds? – Tell Us Your Story

If you were scammed by 24Funds, let us know. We may be able to assist you in filing a dispute for a chargeback before it’s too late.

But What Is A Chargeback?

This is a way for your bank to reverse the transaction if you have been scammed. Contact us via online chat and let us handle everything for more details. Book a free consultation and watch while professionals are helping you get your money back now.

What Is 24Funds?

24Funds is an online Forex and CFD trading provider without regulation.

Is 24Funds A Scam Broker?

24Funds has been blacklisted in Spain, Italy, Belgium, and Slovenia for scam activities.

Is 24Funds Regulated?

No, 24Funds is not regulated and operates without proper authorization.