Once we’ve seen that ZeithCoin provides binary options trading, we were confident it’s not a legitimate broker. As of 2018, this type of trading was banned in the UK and most EU countries due to safety reasons. So, who is ZeithCoin, and why do they still exist, read in our detailed review.

What About ZeithCoin Regulation?

ZeithCoin claims to be an ASIC and FCA-regulated trading firm on the main page. Their disclaimer says the company holds an Australian AFSL license and CySEC regulations. Just for fact, the Australian regulator is ASIC, not AFSL, while CySEC regulation number 3624/188 doesn’t exist. However, we did find another broker using the exact same details in the disclaimer – TrustMarketFX. It led us to believe that these two companies are related and scamming clients together. 

Stay away from both, or you’re risking becoming the next online trading scam victim.

ZeithCoin Trading Instruments

ZeithCoin broker chose quite an interesting range of trading instruments. Clients have access to:

• Currency pairs
• Indices
• Cryptocurrencies
• Binary options trading

With binary options being illegal in the UK and most of the EU since 2018, in Israel and Canada since 2017, we don’t see how ZeithCoin expects anyone to believe that they have an FCA license or provide any sort of a legitimate business. In addition, the leverage goes up to 1:1000, which the ASIC, FCA, and CySEC strictly forbid.

Fund Withdrawal Issues With ZeithCoin Broker

Since we’ve proven that ZeithCoin is not what it presents to be, no wonder clients are experiencing withdrawal issues. Imagine getting defrauded and seeking help from a regulator just to find out that they have never heard of ZeithCoin and cannot assist you. Many traders have come to this situation, and knowing that its license is fake and has not provided official headquarters, ZeithCoin’s employees don’t bother too hard to do their job and help clients get their money back.

Areas Of ZeithCoin Scam

Whenever you receive an offer from ZeithCoin, we advise you to be careful and not fall for the story, regardless of how tempting it may sound. As anticipated from its false regulatory claims, the broker is mainly present in Australia and the UK. However, no places are safe, and the company has no restrictions.

In addition to the above, we strongly advise you not to invest in UnionsMarket, EverProTrader and OrbiTrade fraudulent brokers.

Traders About ZeithCoin Scam

Traders have experienced severe withdrawal issues, and that’s the main subject of all ZeithCoin reviews. However, trading binary options never go smoothly, so we’ve seen many complaints on that account. As you may know, binary options are more of gambling, and you need to predict whether the asset will increase or decrease in price within minutes. Since this is almost impossible, many have lost their money but won’t be refunded.

 How Does Online Trading Scam Work?

Each broker comes up with its own online trading scheme. In the case of ZeithCoin, it’s offering binary options trading in the countries where it’s illegal and offering Forex and CFD trading without a proper license. Once you fall for the scam and invest the minimum of $100, you will be prompted to invest more and more until all your life savings is gone. Only then will the broker freeze your trading account, and you will understand that you have been a scam victim.

Also remember the names of the Super1Investments, RaxTrade and interactive-trading trading scams and avoid them at all costs! Moreover, always check the background of online trading companies before investing!

Scammed by ZeithCoin? – Tell Us Your Story

If you were scammed by ZeithCoin, let us know. Our chargeback specialists are here to hear your story and may help you with the refund process.

But What Is A Chargeback?

That’s a way for your bank to retrieve the funds from the merchant. For more information about your particular case, contact us via online chat to book a free consultation. Instead of letting scammers run with your hard-earned money, take a step towards getting it back now!

What Is ZeithCoin?

ZeithCoin is an online trading Forex, CFD, and binary options provider.

Is ZeithCoin A Scam Broker?

ZeithCoin has false regulations and provides binary options trading in restricted countries.

Is ZeithCoin Regulated?

Despite false claims, ZeithCoin is not regulated and operates illegally.

GlobalPairs looks like a broker of the future, mentioning all the right points, such as NFTs, Metaverse, etc. However, if you take a second look, you will see that the brand is unregulated and is hiding some crucial details, such as the company owner. Read this GlobalPairs review and learn everything about the scam.

What About GlobalPairs Regulation?

GlobalPairs is an online Forex and CFD trading provider allegedly based in the UK. As such, the firm should have an FCA regulation. Since we don’t have the official owner, we couldn’t run the search for the company’s real headquarters. Still, we can definitely say that the brand is not licensed by any Tier1 regulatory body, including FCA, ASIC, and BaFin.

Why Must A Broker Have a License?

A broker must have a license to prove its legitimacy. Instead of blindly trusting firms with your funds, you need to know that there’s a higher authority above the firm that will ensure that your funds are safe and that you can get them back if any issue arises.

Since GlobalPairs is not a legitimate or licensed investment firm, we advise you to avoid it.

In addition, we strongly advise you not to invest in FinLibra, CTFX and BNBtgroup fraudulent brokers. So don’t fall for these dishonest scam brokers!

Traders Reviews About GlobalPairs

GlobalPairs has terrific reviews on Trustpilot, with a score of 4.3 stars. However, if you check a bit better, you’ll notice that there’s not a single review giving 1 or 2 stars. Since even regulated companies have some unsatisfied clients and negative reviews, we can conclude this broker is writing its own reviews, and you should not trust it.

What Platforms Does GlobalPairs Offer? – Available Trade Software

 For firm advertising as the future of trading, GlobalPairs has a pretty backward trading platform. The company offers only a proprietary WebTrader without any special features. This software doesn’t support EAs, social trading, or copy trading, so you’re left with some basic functions. And that’s definitely not a future of investing.

Instead of wasting your time and money with companies such as GlobalPairs, find yourself a legitimate company with MT4 or MT5.

All About GlobalPairs Accounts

The broker has 5 account types:

1. Disruptor – $250
2. Innovator – $10,000
3. Rule Breaker – $50,000
4. Pioneer – $100,000
5. Trailblazer – $250,000

While maintaining its futuristic topic, this firm doesn’t offer any special or advanced trading conditions. Accounts differ in spread, leverage, and educational materials.

Does GlobalPairs Have A Demo Account?

GlobalPairs doesn’t have a Demo account, so you need to deposit the funds if you want to test their system.

Countries Where GlobalPairs Operates

According to our review, the company mainly targets citizens of:

• Australia
• New Zealand
• UK
• Serbia

Note that this firm has no license and don’t fall for their scam wherever you are.

GlobalPairs Range of Trading Instruments & Markets

The firm clients can trade on 5 major markets, including:

• Currency pairs – EUR/USD, USD/JPY
• Commodities – gold, oil, sugar
• Indices – NASDAQ, DAX30
• Shares – Apple, Amazon, Facebook
• Cryptocurrencies – Bitcoin, Ethereum

Despite advertising AIs, trading robots, and more, the GlobalPairs trading platform supports only basic investing.

So, you should avoid BSTrade forex broker and similar brokers such as Strategic FX, FullMarkets and BenefFX.

About GlobalPairs Trading Conditions

GlobalPairs can be considered an average broker when it comes to trading conditions. The spread starts at 1.6 pips for EUR/USD pairs, while other fees are not mentioned. Since the firm posted many fake advertisements on its web page and already proved it cannot be trusted, you should not get involved no matter what conditions they offer you.

GlobalPairs Leverage

GlobalPairs offers leverage of up to 1:400. The leverage cannot exceed 1:50 for the Forex market and 1:2 for cryptocurrencies following UK regulatory rules. This is just another proof that the trading company is a notorious scam to avoid.

GlobalPairs Scam Bonus Policy

Here comes the worst plot. If you have received a bonus, you cannot withdraw your funds before reaching the bonus amount 50,000 times. If, however, you need the money, the company says you can submit a request for up to 20% of your deposit. It’s not just that you cannot get your profit, but you cannot withdraw the full amount you invested either.

Why Are Trading Bonuses Banned?

Since scam firms were abusing bonuses and other incentives and using them to prevent clients from withdrawals, as’s the case with GlobalPairs, the regulators prohibited them. Yet, the broker follows no regulatory rules, so we’re not surprised to see it still gives bonuses with malicious clauses.

GlobalPairs Deposit and Withdrawal Methods

The company accepts the following payment methods:

• Visa/MasterCard
• Wire transfer

However, you cannot deposit before speaking to the broker’s employees, so we’re unsure of the options you’ll be offered during this conversation.

GlobalPairs High Commissions

If you want to withdraw your funds, the company charges a withdrawal fee of 1%, with a minimum being 30 units and a maximum being 300 units for each withdrawal. Besides, there’s a dormant fee of 99 units if your account is inactive for more than 30 days.

Scammed by GlobalPairs Broker? – Let Us Hear Your Story

If you were scammed by GlobalPairs, tell us your story. We’re here to assist and help you recover your funds through the chargeback procedure.

But What Is A Chargeback?

A chargeback is a way for your bank to recover the funds from the merchant. If you cannot get a withdrawal, contact us right away, and let’s file a dispute. Don’t let scammers run with your hard-earned money, act now!

What Is GlobalPairs?

GlobalPairs is an online trading brokerage without regulation.

Is GlobalPairs a Scam Broker?

GlobalPairs claims to be UK-based but operates without regulation and doesn’t allow withdrawals.

Is GlobalPairs Available in the United States or the UK?

The company provides its services in the UK but doesn’t operate in the US.

Does GlobalPairs Offer a Demo Account?

The broker doesn’t offer a Demo account, only Live accounts.

CJC Markets is an Australian-based brand that appears to be legitimate. However, you should know all the facts before you give your money away. Let’s start with the CJC Markets review and see if you should open an account with this brokerage or not.

CJC Markets Regulation and Security

CJC Markets is a brand of Australian regulated company CJC Markets PTY LTD. The company is regulated by ASIC and has another entity in Saint Vincent and the Grenadines. According to the company’s website, they have a derivative license by Canadian FINTRAC. The license belongs to an entity under the name CJC Markets Co., another sub-company of CJC Markets PTY LTD.

However, we still have our suspicious regarding the broker since many of the trading conditions are not disclosed.

Fund Withdrawal Issues

All the clients that would like to start a trading account with CJC Markets need to deposit a minimum of $1,000. Many regulated brokers are allowing you to begin with as low as $100. Since the broker has no Demo account, it’s pretty unfair to expect such a high deposit, especially for beginners.

On the other hand, the broker has an offshore entity, which is never good. All the clients outside of Australia are assigned to the company from Saint Vincent and the Grenadines, which is not regulated at all. It means that your funds are at tremendous risk with such a brokerage.

According to CJC Markets reviews by investors, some of them experienced severe withdrawal issues. They were asked to submit many documents, transferred from one support team to another, only to be declined for the money. Why? Because, allegedly, they haven’t provided all they were asked for. If they are too persistent, the company simply blocks their account.

Beware of the CJC Markets scam, such as Quotex, Top-Respect and Zenfinex.

Traders Opinion

According to traders’ reviews from eminent websites, such as Trustpilot, the company has issues regarding its trading platform. Specific clients say that brokers have some stopped-out trades that they don’t care to resolve, resulting in clients losing money. After several complaints, the problem was not solved. Also, clients are reporting that the broker has numerous fees and holdings costs that are draining your account, and in the end, there is nothing to withdraw.

Do not fall for the CJC Markets scam.

How Can You Be Scammed Online?

If you have experience with CJC markets or any other trading brokerage, you know that everything starts from a trading advertisement. After you submit all of your personal details, the company’s employees give you a call, sort out your documents, and guide you to make an initial deposit. According to reviews, we’ve read, the ad of CJC Markets shows you need a minimum of $250, while their website requires $1,000 for the Standard account. One of the reasons we believe CJC Markets Global is yet another illicit broker.

After you invest your funds, some account manager will pursue you to make further investments to make more profit. And the more you invest, the more you will be asked for. 

In the case of CJC Markets, you can experience issues with a trading platform, hidden fees and commissions, and withdrawal issues.

Once you submit a complaint, their support will tell you it will be resolved, just to suspend your account and prevent you from accessing your funds. That is, unfortunately, the case with most brokers that have an offshore entity and do not belong to any regulatory supervision.

Scammed by CJC Markets?

If you were scammed by CJC Markets or any other fraudulent brokerage, do not hesitate to report it. You are entitled to file a dispute and request a chargeback.

But what is a chargeback? A chargeback is a way to refund your card in case you were scammed online. It’s a legal process that requires certain expertise.

Contact our support team via chat and book your free consultations. You will get all the information regarding the refund procedure. Let’s get your money back today!

What is CJC Markets?

CJC Markets is an online trading brokerage from Australia, with an entity in Saint Vincent and the Grenadines.

Is CJC Markets a scam?

According to investors’ reviews, there are numerous issues with CJC Markets brokerage.

Are CJC Markets regulated?

CJC Markets from Australia has ASIC regulation, while their offshore entity is not regulated.

Are CJC Markets available in the USA?

CJC Markets does not provide financial services to USA residents.

Looking sweet and easy-going, Hextra Prime broker’s website might look like a place for you. However, the first red flag you may notice is a giant sign of leverage up to 1:5000. It’s about 100 times higher than regulated companies could ever provide, so beware.

Let’s go through our Hextra Prime review and check all the details about this offshore broker’s offer.

Hextra Prime Regulations and Security

Hextra Prime is an online trading brokerage owned by the same-named company from Saint Vincent and the Grenadines. As usual, the problem with brokers from this offshore country is the absence of a real regulatory body. The FSA itself stated they are more like a register of financial companies, while regulations they should seek in the country of service. Once we checked Tier1 regulators such as FCA and ASIC, we found nothing regarding Hextra Prime regulations.

Another red flag for this brokerage.

Fund Withdrawal Issues

Being involved with an unregulated offshore broker is a direction for issues. Once you start, of course, you’re expected to make an initial deposit. In the case of Hextra Prime it is $10. Since we all know such a low amount on the too high leverage won’t last even a second on the market, this broker is instantly asking to add more funds for “account safety.” Once you do so, you might even see some profits at the beginning. Yet, withdrawals with offshore brokers are difficult and often impossible.

Beware of the Hextra Prime scam and other brokers such as Sagellc, Quotex and Assetshaus.

Traders Opinion

Hextra Prime reviews showed us what traders think of the broker. According to them, Hextra Prime does not allow withdrawals, and clients are being misled regarding trading with automated software. Also, the company offers a Copy Trading system, but clients say they never had a chance to see the winning trade once they copied it to their own account. It sounds like the system does not function perfectly.

How Does Online Trading Scam Work?

Online trading scams are tools for offshore and unregulated brokers to extort money from as many clients as possible. They do not choose means for conducting such scams. What we’ve noticed so far, all of these scams start with an ad requiring clients to enter personal details to get more information. Afterwards, broker employees are assisting with an initial deposit, usually by taking your credit card details. Once you provide these details, you might find yourself with no money in the bank. Sometimes, the broker will deduct the agreed amount and then ask for more and more but never approve withdrawal requests.

Since there is no regulator above these companies, we are not surprised to see how they behave.

Scammed by Hextra Prime?

If you were scammed by Hextra Prime or any other illicit operation, do not hesitate to report it. The broker will not return your funds willingly, but you can always request a chargeback.

But what is a chargeback?

It’s a way to refund your card in case you were scammed online. Contact our support department immediately via online chat, and let’s get your money back!

What is Hextra Prime?

Hextra Prime is an online trading brokerage based offshore, without a regulation.

Is Hextra Prime a scam?

Hextra Prime has no regulation for providing financial services, making it illegal.

Is Hextra Prime regulated?

Hextra Prime is not regulated nor licensed online trading brokerage.

As odd as it may sound, Zenfinex is a regulated and not regulated broker at the same time. This is why we decided to clarify once and for all facts about the company and whether you should start investing with it or not.

Let’s start our Zenfinex review.

Zenfinex Regulation and Security

Zenfinex is owned by Zenfinex Group with two entities – Zenfinex Limited in the UK and Zenfinex Global LLC in Saint Vincent and the Grenadines. Now, why is the broker regulated and not? In the UK, the company has the FCA regulation. And it’s alright. However, it’s using an offshore entity for all the other countries and has no regulation at all. It means that if you are a UK citizen, you will be registered with a regulated company while everyone else is dealing with an offshore brokerage. And we all know how it ends.

Fund Withdrawal Issues

Since, as already explained, the company has two entities, we are coming to withdrawal issues. Zenfinex reviews are showing a lot of problems with fund withdrawals. According to investors, the broker handles requests poorly, support is not supporting, and funds are never processed.

When dealing with any offshore entity, it’s hard to understand the regulatory rules. And when the broker is not even regulated, it’s more complicated.

Zenfinex’s website belonging to an offshore entity leaves us with no information about withdrawals, including fees or payment methods. All we know is that you can deposit, and the minimum deposit is $50. However, if you want your money back, it’s a mystery how to get it.

That is why we would recommend you to avoid this and other offshore brokers.

How Does Online Scam Work?

If you have dealt with Zenfinex forex broker or any other broker at all, you know how it goes. You are signing up for an ad about online trading, and the broker calls you with further information. Now, after you deposit your money, some sort of an adviser is taking over and telling you how to invest. At first, you are getting terrific tips, all in order to earn your trust. After a while, he will approach you for more money. And more. And after you invested your entire savings, you will expect a withdrawal. Just, this withdrawal is not an option with a scam brokerage.

Beware of the Zenfinex scam, such as brokers WH SelfInvest, OMC Markets and Platin Markets.

Scammed by Zenfinex?

If you have been misled or scammed by Zenfinex, do not hesitate to report it. Our support team is at your disposal, and we are ready to help. Why would you let scam brokerage get away with your hard-earned money? File a dispute and request a chargeback.

But what is a chargeback? It’s a way of refunding your card in case you were scammed. 

Contact us immediately and book your free consultations!

What is Zenfinex?

Zenfinex is an online trading brokerage with two entities – in the UK and offshore.

Is Zenfinex a scam?

Since the broker has an offshore entity that is not regulated, beware.

Is Zenfinex regulated?

The UK entity has FCA regulation, while the offshore entity of Zenfinex is not regulated.

IPO Markets insist on being fast at everything – fast transfers, fast order execution, fast customer support. However, this anonymous Dominican firm doesn’t even introduce itself properly to have anyone believe their flashy web presentation. 

Besides the obvious lack of company info, legal docs are scarce and trading conditions are anything but profitable. For further details, check our IPO Markets review ahead.

IPO Markets – A Confirmed Fraud

The unnamed entity owning and operating IPO Markets was allegedly established in the Dominican Republic. However, the FSU register comes up with zero results if you search for this broker. We had no choice but to look elsewhere for the potential license. 

What returned as a result weren’t any confirmations about the brokers legitimateness. On the contrary, these regulators have actually issued nothing but warnings on this unscrupulous firm: CNMV, A-TVP, CBR, and LB.

As the authorities have confirmed, this company is a swindler just like MaxProInvest, with intention to defraud you and make it impossible for you to address the compensation fund for a return. Besides no fund protection in the form of AML measures and segregation, your personal data is also at risk of being misused. 

Area Of Activity

Although registered in January this year, IPO Markets is actively defrauding traders and collecting blacklists as we speak. With the help of their faithful scam agents, company is known to use the boiler room method to recruit new victims. These mostly come from:

• Italy
• Ukraine
• India

After being constantly bombarded about extraordinary chances for profit and guaranteed high income, inexperienced investors are dragged into the scheme. After a while when the scam becomes obvious, withdrawals are only possible with the legal support. Luckily for you, we’re here to provide it. 

Conflicting User Reviews

If you check the IPO Markets Trustpilot page, you’ll find quite a confusing situation. On one end, you’ll read reviews with the highest ratings, while the other continuum represents the negative reviews filled with frustration and disappointment. 

At that point it became evident that this firm is a rotten liar that uses paid reviews to boost their credibility. However, with the growing amount of negative opinions posted, their average rating is not even close to ideal.

Large Leverage With No Clear Costs

The ipo-markets.com is so lacking in any detailed information, the company never discusses any fees, or commissions. Spreads are said to be tight, but IPO Markets give us no numbers to work with.

What we did learn is that the maximum leverage is 1:100. Since the max leverage in Europe is 1:30, and 1:50 in North America, this is above the allowed limit.

Affiliate Campaign Brings Stable Income

IPO Markets is known for promising passive earnings based on the activity of your referrals. The more people you bring in, the higher your alleged commission from their trades. Your IPO Markets account is rewarded with up to $4 per lot traded, if we were to trust the website claims. 

IPO Markets Lacks Basic Amenities

Trading features at IPO Markets are far from impressive, and similar to FxActive Broker. It is questionable whether any trading can actually take place with this broker.

The main trading app is not something we’d recommend, and the selection of instruments is miniscule. The company offers only a single main account type, with barely no subtypes to speak of.

Unreliable Trading Software

IPO Markets says they provide the industry standard MT5 software on their website, but this is a false claim. The only trading platform is SirixStation, a notorious program used almost exclusively by fraudulent firms.

The same program is alleged to work with mobile devices as well. Although this generally is true, the mobile version of SirixStation is not available for IPO Markets users.

Poor Choice Of Trading Instruments

You will be hard-pressed to find any concrete info on IPO Markets tradable assets through their main website. Entering the client dashboard, we can see a few tables imported from Tradingview.

The tables contain the following instruments:

• Forex (EUR/USD, AUD/NZD, GBP/CHF, USD/JPY)
• Stocks (Tesla, Blackstone, Pacific Gas & Electric, Apple)
• Indices (S&P500, US100, Nikkei225, UK100)
• Cryptocurrencies (Bitcoin)

No Account Information

Only a single trading account is available for IPO Markets login. Much of what this company says about their live trading accounts is totally false, however.

The alleged base currencies are USD, EUR, GBP and BTC, but in the client area we could only create a USD based trading account. There is no demo, so don’t expect risk-free speculation for technical analysis.

Shady Payment Channels

We have found a number of discrepancies in the IPO Markets financial channels. For instance, different channels are available for deposits and withdrawals, which is against the international AML regulation.

The swindlers say that they process withdrawals in 30 minutes or less, but many complain about IPO Markets denying any withdrawals. Reach out to our team of professionals for help in charging back your money from this company.

Unresponsive Customer Support

Despite having an email and a phone number as the means of communicating with their clientele, IPO Markets isn’t prone to responding. Besides the fact that the site lacks other support channels, the existing ones aren’t reliable in the least. 

This kind of irresponsibility shouldn’t be a surprise, though. IPO Markets is a blacklisted faux service provider, after all. 

How To Get Your Stolen Deposit Back

Even if IPO Markets is a proven scammer that doesn’t allow withdrawals, hope still exists. It is understandable if you feel traumatized or angry with how your investment went, but you shouldn’t sit around and let the fraudster get away.

If you contact us via our Online chat feature, you can book your free consultation and get advice from a chargeback expert. Our legal professionals are notorious with scammers for their success rate, so don’t wait – reach out to us today.

FAQ Section

What Is IPO-Markets.com?

The website is a confirmed financial swindler without a valid Forex license. Refrain from depositing with them, and contact us for a chargeback if you’ve already invested here.

Is IPO-Markets.com A Good Broker?

No, as several authorities have already posted about IPO Markets, they’re a fraudulent entity, not worth your time and money.

What Are The Tools and Platforms Of IPO-Markets.com?

SirixStation, an unreliable and web-based platform is the only choice for trading at IPO-Markets.

Another offshore, unregulated, blacklisted broker. If you want to know what to do if you have been scammed by an InvestBoost broker, then stick with us till the end. We will show you all the methods this shady brokerage uses to find their clients and what the MO is. Why there are so many complaints about the broker and many withdrawal issues.

Read our InvestBoost review and find out everything.

InvestBoost Regulation and Security

We’ve already answered the question is InvestBoost regulated. The broker is based in the Commonwealth of Dominica and operates with no regulation of any kind. There are two owners of this brand, Widdershins Group Ltd & Malarkey Consulting Ltd, both of them blacklisted by some regulatory body.

What’s Wrong With InvestBoost Regulation? Just to make sure, we’ve checked the register of FSU of Dominica and searched for InvestBoost regulation. We couldn’t find this broker, nor the two parent companies in FSU register at all. This means that the broker is not legit, and it’s not safe to have your funds kept with such a company.

Warnings From Financial Regulators

As mentioned, InvestBoost forex broker is also blacklisted. The Italian CONSOB put one of the parent companies, Widdershins Group Ltd, on the blacklist. Spanish CNMV and Lithuanian LB blacklisted the same company. The other company, Malarkey Consulting Ltd, is an owner of another scam brand PrimoTrade blacklisted by the UK FCA and the Danish DFSA.

Since one of the company’s brands is a scam, there is no reason for the other one not to be, right?

What Are Trading Platforms Available?

We’ve tested the InvestBoost trading platform, a cTrader. The company has a web and mobile trader offering a wide range of trading assets.

However, the leverage of this broker is suspiciously high, as’s the case with many scam brokers. It goes up to 1:100, while the standard for regulated brokers is 1:30. Be aware of the InvestBoost scam!

What Can You Trade With an InvestBoost Broker?

The only good thing about the broker is the trading assets offered. Clients can trade with currency pairs, commodities, indices, stocks, and cryptocurrencies. 

When it comes to this company minimum deposit, again a standard for scam brokerage – $250. Why would you accept something like this when other FCA, ASIC, or CySEC regulated brokers let you start from $10.

Scammed by InvestBoost broker? What to Do?

Have you had any problems with InvestBoost broker – File a complaint today! Unfortunately, you are not the only victim of the InvestBoost scam. As you saw, the broker is blacklisted in many countries because of this.

Do not be afraid, contact our support via chat now, and let’s get your money back! If you have any negative experience with this or any other fraudulent broker, we would be grateful if you could share it with us.

What is InvestBoost?

InvestBoost is an online trading platform from the Commonwealth of Dominica.

Is InvestBoost regulated?

No, the broker is operating with no license, and your funds are not safe with InvestBoost.

Is my money safe with an InvestBoost broker?

Since the broker is not regulated and is based offshore no, your money is not safe.

Is InvestBoost legit?

InvestBoost is an unregulated offshore broker that should be avoided at all costs.

Master FX Options isn’t quite the epitome of a reputable company that can help you acquire financial benefit and professional growth. If you’re wondering why we think so, you are advised to read the following Master FX Options review. 

Before making a grave mistake and investing with just any platform that offers an attractive deal, please make sure they’re regulated. Not in the sense of claiming to be legitimate but by also having a license issued by an authority that can confirm that. 

Why Master FX Options is a Scam

For an anonymous company, Master FX Options is quick to declare how well regulated they are in the UK, South Africa, USA and by “Various Securities And Exchange Commission”. First thing we did was double check these ludicrous claims and they all turned out to be lies. 

Firstly, the main UK financial regulator – FCA has no record on this firm. FSCA is the South African regulator that has also never licensed this firm. Lastly, the US has some of the strictest regulators in the world, and NFA doesn’t have any intel on Master FX Options, either.

What’s more, upon further investigation we came up with a warning against this firm, issued by the Netherlands authority – AFM. 

Without clarifying what were the legal institutions that have regulated this broker, it is clear that the claims about licenses are all false. Master FX Options doesn’t keep deposits in segregated bank accounts, nor do they employ risk-reducing measures. Lastly, in case of dispute, you will have no access to financial ombudsman and compensation plans.

Focus on EEA Victims

Being relatively new to the Forex market, Master FX Options still hasn’t been active enough to attract the attention of the regulatory authorities. That doesn’t mean it will not happen any time soon, especially considering how many victims are starting to report about their bad experiences on this platform. So far, most of the scamming is done is these countries:

• Estonia
• United Kingdom
• Bulgaria

If you think you’re safe just because you reside in another area is a naive approach. These miscreants engage the most convincing and most persistent boiler room agents to offer their deceptive services. The telephone sellers, catfishes and other participants in the scam scheme will act all friendly, nice and supportive just to earn your trust and then run away with your capital.

Unknown Costs of Everything

Such apparent lack of transparency displayed by Master FX Options is another sign of the firm being completely fake, unregulated and operating with malicious intentions. Because this site offers investment services, they claim traders take no part in placing trades. 

The only ones engaged in such activities are dedicated account managers. This is what this defunct platform uses as an excuse not to reveal any of the trading costs, commissions and fees. 

Inferior Trading Tools and Equipment 

After being promised remarkable trading conditions and software, our disappointment with what we witnessed in the user area was immense. The nonfunctional trading platform doesn’t respond to any of the commands and inputs. 

Unclear trading conditions made us worry additionally, while the investment plans sounded too good even for a fairy tale. Falsely promising yet overly expensive is what this service is. Just like what CFDglobe also advertises.

Keep reading our review to find out what we dig up.

Unreliable Terminal

Entering the user panel, this is the message we were greeted with:”Caution: Your Trading Account is a Special Account so avoid Trading for Yourself and note that your account are been managed by our Assigned Account Managers”. 

The broken English for a UK/US firm wasn’t the biggest of our concerns. However, the fact that the platform is a contrived web terminal borrowing the Tradingview chart instead of having its own is what raised the red flag. Interaction with it is not possible.

What Can(not) Be Traded

To make their offer all the more interesting, Master FX Options makes a mention of the several asset classes being supposedly available for trading. If we completely neglect that the trading software doesn’t work and no trading is done, their offer of assets may even be considered attractive:

• CFDs on Currency Pairs (EUR/USD, EUR/CHF, USD/GBP)
• CFDs on Commodities (Gold, Silver, Oil)
• CFDs on Stocks (Tesla, Ferrari, Disney, Netflix)
• CFDs on Treasuries (US treasuries)
• CFDs on Indices (FTSE100, JPN225, DE40, ES35)

Investment Plans 

We’re reviewed a lot of fake offers presented by investment firm scams, but this one takes the cake. Every investment plan you buy at Master FX Options is valid for 7 days, after which you get a guaranteed return which is equal to your deposit multiplied by 7. Take a look:

• Starter Plan – invest  $300, profit $ 2,100 after 7 days
• Silver Plan – invest $500, profit $3,500 after 7 days
• Gold Plan – invest $1,500, profit $10,500 after 7 days
• Premium Plan – invest $3,000, profit $21,000 after 7 days

No Demo Account

Investment firms generally aren’t known for allowing traders to participate in trading on their servers without risk and with virtual cash. Therefore, we weren’t surprised to learn that Master FX Options doesn’t provide a Demo account. 

Regardless of the offer, any platform is more respected when they allow traders to examine the trading environment and practice before placing a serious investment. 

How to Withdraw

If you’ve made a mistake and already deposited with Master FX Options, there’s a possibility that your funds are already gone. After learning that this platform only allows crypto transfer we immediately knew their monkey business has to be oriented on crypto thievery. 

These kinds of transactions are anonymous and hardly reversible, so the swindlers remain unknown and out of legal reach. We recommend you refer to our legal team for support in issuing a chargeback.

Contacting Master FX Options

Nothing is harder than establishing contact with a fraudster that doesn’t want to be contacted. To get in touch with Master FX Options, you can either call a US number that no one answers or submit a ticket. There’s also a live chat option, but that apparently doesn’t function either – we never received a response except a notification about all operators being busy.

Scammers like FxActive Broker are also unreachable, unless they contact you first. It’s just one of their safety measures.

Proper Action Against Scam

It doesn’t usually take a lot to conclude a scam has happened. If you find yourself in a seemingly unsolvable situation with your funds locked on a scam website, do not despair. Do not pay any additional fees cyber criminals may ask of you in order to release the funds. 

Please contact our legal experts teams in order to book your free consultation. We will equip you with the information, advice and support needed to get back your funds from financial fraudsters. 

FAQ Section

What is Master FX Options?

This is an investment firm scam that operates under no legal supervision and with a public warning on their conduct.

Is Master FX Options Scam Or Legit?

The project is a total scam, which was confirmed by the Dutch regulator – AFM, that has labeled this firm as a boiler room agents scheme.

What Are Master FX Options’ Investment Plans?

These are the 7-day-earning-plans that demand deposits from $300 to $3,000 for ROI of 700%.

At first glance, some traders might even think that EliteBrokers is legit, primarily because of the offered leverage that fairly complies with Canadian regulations. However, when you realize the company doesn’t reveal any legal information, it’s clear there’s something shady behind the scenes.

That’s why traders have to dig deep into research and find out all they can on time. Even though refund options are often available, you want to avoid trouble first. Therefore, don’t miss a bit in this honest EliteBrokers review.

Legal info: Is EliteBrokers Legit or a Scam?

As a Canadian-based firm, the company should primarily comply with Canadian laws and regulations. These are mainly controlled by IIROC as the main regulatory agency there. However, the company targets other countries, and licenses issued by FCA, CFTC, CNMV, and others would be more than appreciated.

Sadly, this company doesn’t have any. Consequently, their military-grade security is something we’ll all laugh about together. Especially after warnings from AMF, CONSOB, and IOSCO. But that’s not the only reason. There are plenty. One of them is also the fact there are no EliteBrokers reviews even though they claim to have more than 230,000 active traders.

Who are EliteBrokers’s Victims?

Since 2023 this company has spread out fairly quickly all over the world. Marketing nowadays is quite an interesting thing and that’s why nobody’s safe today. Especially traders from: 

• United States
• Mexico
• Dominican Republic
• Spain
• Venezuela

But if you read our Etchrg.com and PrimeBanque reviews you will realize other companies have common interests as well. Also, if you have any issues with any of these, reach our refund experts for advice.

Leverage, Commissions, Spreads, Fees and Taxes

One of the ways the company wants to present itself as legitimate is through leverage. Indeed, in Canada and the US, the maximum allowed leverage is 1:50. But if you get anything higher than that, you better run on time.

Nevertheless, the key problem with this company is hidden trading costs, starting with spreads, commissions and fees. Therefore, it’s unclear how the company profits from its services. But be sure, after all the warnings, there’s only one source of their income. It’s your deposit.

Bonuses

Indeed, yes. Once traders complete the EliteBrokers login process and make a deposit, they will be offered a welcome bonus.

In case they accept them, traders have to meet certain requirements to withdraw bonuses and profits generated with it. Thus, those conditions remain unknown to the public and that’s what makes them questionable.

EliteBrokers Trading Features

Obviously, everything about this broker is designed to present themselves as legitimate. Yet, they are failing hard. When they offer trading signals, 24/7 support, and fake testimonials, you know it’s all made up. But the feature that should concern you the most is found in the download center.

That’s where you can see software like AnyDesk, ScreenLeap, and TeamViewer available. The ones that give them access directly to your accounts and crypto wallets.

Trading Platforms Available

Even though the company advertises a state-of-the-art trading system, the truth is a bit different. Such software solutions include platforms like cTrader, Meta Trader, or DAS Trader Pro.

Sadly, this broker doesn’t offer any of those. Instead, there’s only a web-based platform and it’s a huge warning sign already. But with shady EliteBrokers bonus deals and unclear costs, we can’t expect anything more here.

Available Trading Assets

Generally, the company doesn’t clearly reveal all investment possibilities and that might be a deal-breaker. But if we trust them for a brief introduction, we can expect assets like: 

• Forex – USD/GBP, EUR/AUD
• Cryptos – BTC, LTC
• Commodities – gold, crude oil
• Stocks – Facebook, Apple

Account Types

The whole idea of all EliteBrokers account types is to allow the company’s experts to manage trading accounts. But that’s only possible with unlicensed brokers. In any case, with manipulative web-based platforms and hidden costs, it’s clear you will be tricked at some point. 

After all, that’s why they have account type options like: 

• Starter – $250
• Silver – $500
• Gold – $1.000
• Black – Invitational only!

Mobile Trading App

Another big disadvantage is that mobile apps for the platform are not available. Therefore, accessing your account via mobile can be done only via browser. In fact, that’s one of the things you will hate the most if you are a day trader and use advanced strategies and tools.

Demo Account

If the EliteBrokers Forex company was legit, they would also offer a demo account, primarily to explore all the features and trading costs. Unfortunately, it’s not available. And now you know why we always recommend top-tier licensed brokerages.

Education

Even though some of the accounts include weekly meetings with specialists, be sure that’s not proper education. To learn how to trade properly takes years. Thus, this company doesn’t offer any educational resources, webinars, or live sessions.

EliteBrokers Withdrawal

Important to realize is that the company doesn’t reveal any relatable information to withdrawals. But after all the warnings and scamming tricks, we can’t expect anything more from them. 

To be fair, even if they provide some information, without a license it’s practically meaningless. That’s why you shouldn’t trust anything related to withdrawal processing time, fees, or methods.

Customer Support

If you look at the company’s support working hours you will also recognize irregularities there. Apparently, the company’s support is available 24/5. Yet, the numbers the company provides are available between 9 AM and 6 PM (GMT -5). 

Besides phone lines, you can try reaching them via e-mail and online contact form. But don’t raise much hope for a quick response.

Key Information To Consider About EliteBrokers

Obviously, EliteBrokers withdrawal problems are inevitable. Primarily due to missing regulations, fraudulent web-based platforms, and malicious bonus and withdrawal policies. When problems with these occur, traders should apply for a refund immediately. But with all possible payment options, we strongly recommend all victims talk to our experts first.

In the opening free meeting, you can find out all the steps you need to recover the money. But it’s only up to the victim to decide if they will proceed with it or not. Therefore, we are expecting your message today with a time when you want to get a callback.

FAQ Section

What is EliteBrokers?

EliteBrokers is an allegedly Canadian-based trading company offering FX and CFD trading services since 2023, according to them to more than 230.000 traders.

Is EliteBrokers Legit?

No, EliteBrokers is not legit. Primarily because the company is not regulated anywhere and you can find also three warnings against them.

How to Recover Money From a Scam Broker?

Recovering money depends on the payment solution used. To find out what is your best option, feel free to reach our refund specialists for a detailed consultation.

If you check the website of CMMCI Securities, you might be amazed by the interface. Everything looks friendly and transparent. You can see immediately what is the minimum deposit, leverage, etc. What you do not see, and it’s much more important, is the CMMCI Securities regulation and headquarters. In case of an issue, this is the only thing that matters for you as an investor.

We decided to show it to you in our CMMCI Securities review.

CMMCI Securities Regulation and Security

The broker is allegedly owned by CMMCI Securities Information Company Ltd and based in the UK. However, we couldn’t verify this information in the UK’s company register or the FCA register. None of these has the name CMMCI Securities listed. Long story short, the company is not regulated and, most likely, not even UK-based. It’s just a well-prepared scheme for clients.

Beware of the CMMCI scam, such as EZDSK, SwissFutureFX and MigoTrade.

Issues With Fund Withdrawals

Since the broker is not regulated, there is one question to ask – could you withdraw your funds. And the answer to this question is no, you cannot. Many CMMCI reviews and many clients say the same; withdrawals are a nearly impossible and too complicated process.

All the trades are executed on the MT5 trading platform. The broker offers trading with currency pairs, commodities, and indices only. The leverage is 1:100, which is higher than any regulated broker can offer. As you can see, trading conditions are not ideal.

The minimum deposit with the company is $1,000, while payment methods are not disclosed. There is nothing on withdrawals as well. So, if you wish to deposit your funds, not just will you pay an unbelievable $1,000, but you might pay fees you have no clue about.

Do not fall for the CMMCI scam.

How Does Online Trading Scam Work?

If you’ve ever registered for an ad about trading, you know you’re about to get a phone call. In this call, you’ll be promised anything just to make a deposit. But, here comes the catch. Once you deposit with a company such as CMMCI with no regulation or transparent headquarters, you have nobody to complain to in case of an issue. And the broker knows it well. That’s why companies like CMMCI Securities are exploiting their clients without an actual intention to help them make a profit.

Do not provide your credit card details over the phone; make sure your funds are safe!

Scammed by CMMCI?

If you were scammed by CMMCI Securities, there is a possibility of getting your money back. First, you need to file a dispute and request a chargeback.

But what is a chargeback? It’s a way of refunding your card in case you were scammed online. In order to file a successful dispute, contact our support via chat. Book the free consultation and get all the assistance you need.

What is CMMCI?

CMMCI Securities is an online trading brokerage without a license.

Is CMMCI a scam?

CMMCI broker has no regulation for providing financial services.

Is CMMCI regulated?

No, the broker is not regulated by any authority body.