Firstly, the VisionFX.io broker doesn’t reveal its ownership details or mention the exact UK address. Thus, without transparent legal documents, nobody can find more details.

With this in mind, you know that this broker is not up to good. But to understand all the details in particular and what defines them as a scam broker, read this VisionFX.io review.

Legal Info: Is VisionFX.io Legit Or A Scam?

In the trading world, you should only look for trusted regulations. Those come from trusted institutions like FCA, BaFin, CFTC or ASIC. In any case, the VisionFX.io broker is not listed in any of the mentioned registers.

On the contrary, the company has already been slapped with two warnings.  Primarily, there is a warning from the Russian Central Bank., but also from Canadian FCNB.

Who Are VisionFX.io’s Clients?

Our lookup in who.is database shows that this brand started in 2023. Since then, the company has targeted mainly highly regulated countries. In fact, the most of scammed clients come from: 

• United Kingdom
• Australia
• Canada
• United States

But if you come from any of these countries, you have far better trading options than VisionFX.io broker. However, if you somehow became their victim, don’t hesitate to contact us for refund advice.

Leverage, Commissions, Spreads, Fees and Taxes

The first warning sign comes from a very high leverage of 1:200 without negative balance protection. Therefore, you can easily end up owing money to the scammer, which is a nightmare. As for the spreads, the company claims to have tight ones but has not specified how tight.

In the end, the most important costs, like commissions and fees, are not revealed. So, you can expect various manipulations around it. Especially once you request a withdrawal.

VisionFX.io Trading Features

All the VisionFX.io features are obviously based on misleading traders. Whether with conditions, fraudulent platforms or non-existent policies. Even though the company advertises advanced trading technology, none of it is publicly available.

Therefore, you can expect a basic web trader. In general, it is something that defines scam brokers due to easy back-end access to market data. In fact, that’s the only way they can deliver what they say. In terms of results, of course.

Is VisionFX.io Legit?

The VisionFX.io broker is far from legit. With a completely anonymous approach and lack of legal documents, you can’t trust any broker. Especially not the one that is not regulated and has multiple warnings attached to its name. Another similar example you can find in our LQDFX review.

Available Trading Assets

Since access to the platform is not available, we can only trust what they say. In the case of VisionFX.io, that’s hard to do. But anyway, potential options are: 

• Forex – USD/EUR, GBP/NOK
• Commodities – gold, platinum
• Indices – ASX200, CAC40
• Shares – General Motors, AMD
• Cryptos – BTC, ETH
• Bonds – US T-Bond, EU-Bond
• ETFs – Russell2000, QQQ

Account Types

Important to realize is that VisionFX.io has a shamelessly high minimum deposit requirement. It starts at $ 5,000. Yet, nobody knows based on what. In any case, you can choose from: 

• Basic – $5.000
• Bronze – $25.000
• Silver – $50.000
• Gold – $75.000
• Platinum – $100.000
• VIP – $125.000
• Savings – $150.000

Mobile Trading App

Of course, without third-party software, we can’t expect a dedicated mobile app. Therefore, all iOS and Android users will need to bother with their accounts over the browser. Which is not the most efficient way to trade. Especially if you are using advanced trading strategies.

Demo Account

Another key failure of this broker is missing a demo account. This clearly indicates they are hiding their platform flaws. That’s why we always encourage traders to go with licensed brokers.

Primarily due to security but also higher transparency. Yet, to understand the importance of these options, read our SPMarket24 review.

VisionFX.io Withdrawal

Without a transparent withdrawal policy, you know what you can expect. Only problems. In fact, this broker doesn’t reveal either processing time, fees, or methods. If this is not a sign to back up from their offer, nothing will be.

Above all, if you hear from their agents excuses like AML laws, additional fees, or taxes, don’t fall for it. Ultimately, they will try to prolong withdrawal or make you deposit more money. In the end, all accounts end up frozen regardless of the previous actions.

Customer Support

Since the broker is completely anonymous, all their contact options are irrelevant. Nothing should make you think that they would respond genuinely. Otherwise, they would be more transparent and regulated.

You can try reaching them via e-mail, phone, and web contact form. But only on workdays between 9 AM – 5 PM. UK time, we suppose.

Key Information To Consider About VisionFX.io?

The first thing you must understand is privacy and transparency. The broker is hiding its ownership, and they expect you to trust them with your money. Also, the broker is not regulated anywhere. Not to mention shady trading conditions and even shadier trading platforms.

All in all, you should avoid them at all costs. However, anyone can be deluded and fall for a scam. In that case, you have refund methods that can help you get your money back. But some of them are time-limited. For that reason, we encourage you to contact our refund experts if you are a victim of a trading scam. Book your first free consultation now!

FAQ Section

What Is VisionFX.io?

VisionFX.io is an anonymous brokerage operating allegedly from the UK since 2023.

Is VisionFX.io A Regulated Broker?

In fact, no. The company doesn’t have any regulations but most importantly they don’t have any trusted Tier 1 license.

What Are The Trading Platforms Of VisionFX.io?

The company offers suspicious web trader. Most likely to manipulate traders easier. If that is you, don’t hesitate to reach out for chargeback assistance.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

iTrader is an online broker offering their clients trading on CFDs and forex. At one time, the firm had registration with the Cyprus regulatory body CySEC, but CySEC has now suspended them. Hoch Capital Ltd is the company behind this trading brand. The broker has faced many allegations of presenting a misleading picture of CFD investing to new traders.

Trading with iTrader

Getting started with iTrader requires a minimum deposit of $250, much higher than the minimum with comparable brokers. The broker gives traders an option between three account types, ranging from Silver to Platinum. The higher accounts offer better spreads, ranging from 2.2 pips with a Silver account to 0.7 pips with a Platinum account. Higher tiers also promise faster withdrawals. Leverage of up to 1:500 is also available with a Platinum account, many times the ESMA mandated limit of 1:30.

iTrader- Available Trading Platforms

itrader

MetaTrader4 is available for use with iTrader. This standard platform has a wide array of features that have made it the most popular choice for many online investors. There are many technical indicators and a slew of advanced trading options. iTrader also offers the use of a virtual private server to traders, increasing security when trading forex.

Suspended by CySEC, Banned by the FCA

CySEC has suspended Hoch Capital Ltd from continuing to offer investment products. The regulator stated that the ban was for failure to “act honestly, fairly and professionally when providing investment services to clients.” They also cited concerns about iTrader’s marketing practices. CySEC stated that iTrader did not communicate clearly with their clients and that many of their communications were misleading.

Cyprus was not the only jurisdiction to ban iTrader. The UK’s FCA also has removed passporting rights from the broker. Above all, passporting rights are what allow firms registered with CySEC to do business in the UK. Without these rights, iTrader is not legally able to offer its services to citizens of the UK. The ban came after the FCA determined iTrader to be promoting misleading advertising. In addition, the FCA says that many UK investors were misled about the risks involved in trading CFDs, one of iTrader’s primary assets.

Did You Fall for Misleading Marketing?

Have you fallen for a misleading sales pitch promising high returns with little risk through trading CFDs? There are clear regulations on CFD risk disclosure. If your broker was not transparent, they have wronged you and should be held accountable. Tell us about your case with a free consultation today, and we’ll let you know what we can do to help.

Is Itrader regulated?

Itrader has the regulation from CySEC, Cyprus Securities and Exchange Commission. It is also based in Belize and has IFSC regulation. However, this regulation is offshore and cannot be trusted. Out of the EEA zone, the broker is not safe.

Is Itrader Secure?

Itrader is relatively safe for the clients coming from the EEA zone. However, in other places it is operating under the regulation of Belize, offshore regulation considered highly unsafe. Be careful when opening an account with this broker.

Where is ITRADER based?

Itrader is based in Limassol, Cyprus, and has CySEC regulation. Also, the broker has offices in Belize and IFSC regulation. Since it has an offshore entity, we have to warn its clients to be very careful, because an offshore office usually means avoiding the regulation rules.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

With their young, prospective and dynamic team, the MALDO FX scam promises to bring you nothing but the exact Forex success you’ve always aimed for. High speed services, rich account types, free training and free signals are just some of the carefully constructed lies you’ll be greeted with. 

All of these seemingly premium services are provided by an unknown entity that doesn’t exist anywhere. Not in the records where they claim to be a part of, not anywhere else. Our MALDO FX review gets to the bottom of the deal and brings you a detailed insight into the real state of things.

Is MALDO FX Legal?

It isn’t hard to find enough proof to confirm the doubts about this suspicious business. MALDO FX LLC is allegedly the owning firm behind the website, with a SVG registration number 2259. Our search of the SVGFSA database shows no such firm exists and this number isn’t associated with any registrants. 

Our further investigation didn’t bear any more intel. After going through several databases of prominent regulators like FCA, BaFin, ASIC, CySEC and FINMA we didn’t find any details relating to a license. 

This company is dangerous and doesn’t ensure the mandatory safety of funds, compensation plans or risk-reducing strategies. Forex48 is the same, so stay away from them as well.

Base For Operation

The financial swindler in question has first made their digital footprint in 2022. Since their first appearance, it seems their main focus is one region that includes these countries:

• Turkiye
• Bulgaria
• Cyprus
• Montenegro
• Greece

What especially serves as a prolific method in victim hunting are boiler room agents that lurk social networks. There’s an array of promises and false claims presented to their targets that are being pestered over the phone on a daily basis until they invest. 

You can be sure that your investment is not going to result in an easy win, as the con artists promise. Better recover your deposit and invest it with a reliable partner. We can restore your funds quickly and efficiently. 

Trading Conditions Kept Secret

Another major red flag we’d like to direct your attention to is the omittance of the crucial trading information. With this platform, any details about trading conditions and parameters are completely unrevealed. 

Yet, the broker dealer keeps insisting on their excellence and amiable trading values. Sadly, there’s not a word about the real costs and trading circumstances your trades will be subject to. 

The statement in the legal docs about not charging payout fees may sound reassuring, but should you believe an unlicensed service provider with such important matters?!

Deceptive Trading Tools

The untrustworthy site will easily hype you up with their ads about advanced software, top execution speed, variety of accounts and instruments. 

It won’t take long before you learn about the actual state of the offer. Not only is the terminal dysfunctional, but the account types don’t exist and products available aren’t even specified!

Downloadable Malware

Instead of actually providing the promised MT5, the file that you’re offered to download won’t be accepted by your browser because of safety issues! 

If somehow you do manage to download the corrupted file, your antivirus will not let you install it. That is what it means to pay for unlicensed services. Reputable financial services agencies would never misuse their clients’ trust for illicit money gain or intentionally inflict damage.

Proprietary Mobile App

What came as a surprise is that the online trading business we’re reviewing has launched their own MALDO FX platform for mobile devices. 

However, it’s only available for Android users. Apple devices can download Gama Trader, which cannot compete with industry leaders.

Hinted Instruments

Without giving the concrete examples per each of the categories, the financial instruments you’re expected to believe are available are these:

• Forex (EUR/USD, USD/CHF, EUR/GBP)
• Commodities (Coffee, Soybean, Wheat)
• Metals (Silver, Gold, Platinum)
• Crypto (BTC, ETH, LTC)
• Stocks (Amazon, Google, Facebook)
• Indices (HK50, FR40, GE40, UK100)

Restricted Registration Services

We’ve already made it clear that the platform doesn’t offer any choice of accounts. Even the existing package doesn’t reveal its features. That’s not where the disappointment with the quality of the site ends. 

You cannot even register for a MALDO FX account unless your application is first revised and approved. Apparently, the swindler prefers to handpick their victims. 

Withdrawals Are A Pain

Except the claim that payouts aren’t followed by fees, another fishy detail is that withdrawals are processed during 7-10 business days. Because we couldn’t create a MALDO FX login for the client zone, we couldn’t verify which transaction methods are available. It wouldn’t be shocking if only crypto channels were accepted.

After all, dubious brokerage platforms prefer these to ensure their anonymity is intact. Refrain from performing monetary transfers this way and always choose more transparent and safe methods like credit cards that also allow chargebacks.

MALDO FX Support

Standard ways of reaching out to customer services are advertised on this site, as well. There phone numbers, emails and an online form you can use to communicate your ideas and issues. 

Unfortunately, the replies are not guaranteed and other quicker methods like Online Chat and callback aren’t available. FCF Markets is a similarly functioning scheme that will not allow you to simply contact them as you please.

Notify Us In Case Of Scam

Whatever financial crisis or immense interest has led you into investing with fraudulent entities, you shouldn’t let them get away with your cash. No matter how impossible it seems at times, there’s still highly efficient ways to recover your funds. 

To find out what you can do and to get proper legal help, you can book a free appointment via our online chat. Not only will you get back what is rightfully yours, but you will also help bring the criminals to justice and spare other traders the suffering. Let us help you make the Forex world a little safer and more pleasant for trading!

FAQ Section

What Is MALDO FX?

This is a cyber criminal running a fraudulent website oriented at stealing investors’ deposits.

Is MALDO FX Legit Or Scam?

The agency is non-existent and completely fake. They do not own licenses and are evidently prone to scam.

How Does MALDO FX Work?

The site takes your deposits in exchange for unrealistic services. If you cannot take your investment back, you should consult our legal advisory service.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

The domain behind this cryptocurrency exchange, ibinex.com, has changed hands multiple times. Their service got progressively worse with each new iteration. As it stands now, Ibinex is an unlicensed crypto exchange, and nothing on their website instills any confidence.

Find out how to recognize and avoid fraud crypto exchanges in our Ibinex review.

Shady From The Very Start

Ibinex has changed several ownerships during the decade of the domain’s existence. However, none of these companies ever left a legal trace anywhere, except when they were registered in SVG. At a certain point in time, Ibinex was a member of The Financial Commission, but their membership was withdrawn in 2019.

Today, the domain is owned by Xshop OÜ, legally incorporated in Estonia. However, the firm isn’t licensed by FI or FIU as a regulated service provider. That leaves us with doubts about the legitimacy of this financial services provider. We’ve also searched the AUSTRAC register for their alleged license but no results came up.

Without a license to confirm the company’s competitiveness and credibility, your funds might be at stake, just like they are with other illicit entities, like ProfiStocks, for example. 

Ibinex Lurks On Social Networks

The ibinex.com website was originally launched in 2011, and directed their services towards these nations:

• United Kingdom
• Bulgaria
• Brazil
• Philippines
• India

Ibinex chose viral advertising for their marketing campaign. At one time, the exchange held profiles on virtually every available social network. Here, Ibinex boiler room agents were hard at work at finding new victims.

These included the most popular websites and online chat services. While most of these were deleted or sold since, the exchange still has Facebook, LinkedIn, Lusha and Telegram profiles.

We can easily compare Ibinex to a fire pit. No matter how much money you throw into it, you’ll get nothing back. Ibinex doesn’t allow withdrawals, so contact our experts for help with recovery.

Deceptive Online Reputation

Since Ibinex has been around for so long, it has attracted a lot of attention on various review sites like TrustPilot, SiteJabber, reviews.io and even Reddit. Most of the testimonials are fakes, posted by review seller networks, yet the 1-star ratings betray the scammers’ real intentions.

You shouldn’t ignore these warning signs, pull your money out from Ibinex as soon as possible! Contact our legal professionals for help with ibinex.com chargeback.

Fees On Everything

In order to use any of the Ibinex services, you need to register for a live account, pay upfront and have your account fully verified and KYC confirmed. In the process, you will be charged a 26.44% transaction fee on your every crypto purchase. 

As if that isn’t enough of a robbery, Ibinex also charges any other imaginable tax like associated fees, commissions, bank charges, wire transfer charges, clearing house charges, network fees (miner fees), etc. On top of that, Ibinex charges a dormancy fee of 10EUR.

Trading Features Hidden From Public

The owners of ibinex.com have carefully hidden important trading information behind a lock. In order to see how their cryptocurrency exchange functions, which trading assets or platforms are available you need a trading account. Before you can open an account, however, you must deposit real money and verify your identity.

Do They Even Have A Trading App?

While Ibinex advertises a cutting-edge, super secure trading application, they don’t openly tell website visitors what it is. Many other fraudulent firms like FxOnUs use similar strategies to entrap their victims. Chances are, there is no trading application to speak of.

Assets Hidden Behind A Paywall

You’d expect a firm dealing with one of the most volatile assets to at least provide some insight into their services. Before you can see anything Ibinex has to offer, however, you need to purchase Bitcoin from them.

Remember, legit crypto exchanges will let you know everything about their coins and tokens. They feature running tickers and real time price updates on all assets, even if you’re just browsing their website!

No Account Types

The platform only accepts opening one standard live trading account. However, the process is more than painful. Not only do you immediately need to provide all the documentation for a thorough KYC procedure, but you also need to make a purchase right away. 

You can choose which starting amount of BTC you wish to buy: 

• 100 GBP for 0.00324196 BTC
• 250 GBP for 0.00945586 BTC
• 1000 GBP for 0.04052539 BTC

Withdrawal Policy Absence

Separate documentation that guides customers through the withdrawal process doesn’t exist. As a part of T&C doc, withdrawals are mentioned to take around 5 to 7 business days to be processed. The amount shall then be sent to the users wallet, card or bank account.

This doesn’t mean this data is true as presented by the platform owners. The lack of transparency additionally undermines the platform’s claims about ultimate safety and funds security. 

Dysfunctional Customer Service

The customer support may be advertised as 24/7 but we had trouble getting any answers from Ibinex. We’ve tried the live chat, the phone, or any other methods for that matter.

The knowledge base search widget on the site didn’t prove very useful either, as it just returned the “Not Found” error for virtually any keyword including Bitcoin, token, asset, platform, withdrawal.

Final Thoughts On Ibinex And Chargeback Chances

Please always make sure to double check your service provider, whatever financial activities you’re about to engage in. Whatever site requires your real cash to let you in could potentially be a fraud. Swindlers are often found in the crypto niche especially, so you need to be extremely attentive not to fall into a trap.

If it so happens that you’re facing difficulties with Ibinex withdrawals, please contact our legal professionals to help you with legal issues and guide you to recover your funds.

FAQ Section

Is Ibinex Regulated?

No, Ibinex doesn’t provide proof of regulation and doesn’t appear in license service providers databases.

Is ibinex.com Legit?

Although the owning company is legally incorporated under the laws of Estonia, they lack a license. Don’t trust your funds with this exchange. For help with recovery, contact our chargeback experts.

Is Ibinex A Reliable Cryptocurrency Platform?

Judging from the many customer testimonials, Ibinex is a fraudulent service.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

Bitflex exchange operates under the flag of Bitflex Ltd. The company is incorporated in Seychelles in 2022. With their fresh business, they can’t earn much credibility.

Instead, they have to build it over time. Thus, some traders are already taking their names through social networks and making connections with scams. To find out what to expect from this exchange, read this BITFLEX Review carefully.

Legal Info: Is BITFLEX Legit Or A Scam?

Important to realize is that the company doesn’t present any DASP licenses. If you are wondering, Digital Asset Service Provider. In the first place, they are missing any FSA (Seychelles) authorization. Not to mention authorizations from Top Tier regulators like FCA, BaFin or ASIC. But also CFTC, considering they are working with US traders.

Who Are BITFLEX’s Clients?

Since 2022 when the company started, they expanded quickly across the world. Still, they only have just over 1K users on PlayStore. This tells you they are not so popular. Yet, they managed to scam already clients from: 

• United States
• India
• United Kingdom
• Malaysia
• Poland

In general, these countries are very strict when it comes to finances. Therefore, you have much better options than this company. In any case, feel free to reach out to our professional team if you need advice about the refund.

Traders Reviews

One of the main worrying signs about any company is its reviews. This one, in particular, has only 2 comments on Trustpilot. But one customer already points out withdrawal issues.

Whether it’s due to missing regulations or a bad business model, it’s not good. Especially not for a new company. Let us know what’s your experience with this company in the comment section. Don’t forget that we can advise you on the refund procedures. So, don’t hesitate.

Investment Costs With BITFLEX

For those few trading pairs that the company offers, there are transparent fees. These are 0.15% whether you are a taker or maker. In general, quite an average cost. But is it going to match the reality, we will see.

Bonuses

Generally, the company doesn’t offer welcome bonuses. Yet, there are referral and affiliate programs that can get you extra funds. Thus, make sure to read the conditions thoroughly before signing up.

BITFLEX Trading Features

Bitflex.com exchange offers spot trading and crypto exchange. The problem is that the platform is web-based and doesn’t offer much credibility. Also, their mobile exchange app is not tested enough to say it’s reliable. Therefore, it’s better to stick with proven exchanges. But definitely not with UltraBrokerz, whose review you can find here.

Is BITFLEX Legit?

Apparently, no. The company is based offshore which is a synonym for anonymity. On top of that, they operate without DASP licenses. Not to mention that some traders already point out issues.

Available Trading Assets

As can be seen, the company offers only 10 crypto pairs. This is another huge disadvantage considering the number of new altcoins coming up. All pairs are linked to USDT and those are: 

• BTC
• ADA
• BCH
• LTC
• ETH

Account Types

Sometimes, crypto exchanges offer different investment levels to motivate investors for higher deposits and trading volume. In exchange, they are offered better fees. Thus, something like that doesn’t exist with Bitflex company.

Mobile Trading App

As mentioned earlier, a dedicated mobile app is available for iOS and Android users. Thus, the amount of downloads can’t be compared with licensed apps. So, why risk anything?

Demo Account

Even though there’s an insight into the web trader, you don’t have virtual funds for trading. Anyway, this is a common thing for exchanges. But at least you can see the limitations of web-based software and look for other options.

Education

Surprisingly, the company doesn’t offer any educational program. Not even a basic blog or knowledge base. So, you are left on your own.

BITFLEX Withdrawal

Bitflex withdrawals can only be performed through the crypto wallet. Same values for deposits. But once you deposit money into their account they can move it freely. There’s no protection. Therefore, your money can be anywhere. Considering the fact that some traders already reported issues, you shouldn’t test it out.

Customer Support

Another warning sign is poor customer support from the company. The only way to communicate with their representatives is through the live chat. Yet, they advertise 24/7 support there. Generally, it can be helpful, but for how long we will see.

Key Information To Consider About BITFLEX?

Overall, the company has a solid presentation but no credibility so far. If they continue on the same path, they will lose it completely. Another huge thing to consider is missing a DASP license and a low amount of users on the platform. Therefore, it’s better to stay with proven companies.

In any case, you can feel free to share your opinion about the company in the comments. But mostly, traders are commenting when they have any sort of problem. Very often, withdrawal-related. In these cases, our expert team can be a perfect solution. Book your free first consultation already today!

FAQ Section

What Is BITFLEX?

Bitflex is an offshore crypto exchange operating since December 2022 from Seychelles.

Is BITFLEX Legit?

No. Bitflex doesn’t have any Digital Asset Service Provider license and they already have reviews pointing to withdrawal problems.

How Much Are The Deposit Fees With BITFLEX?

Currently, there are no hidden deposit fees. Thus, there are withdrawal fees. If you experience any withdrawal issues, reach out to our team for advice.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

An offshore brokerage with a Russian address operates as a part of the UK conglomerate? This is how the Axis Capital Group broker represents itself. So, we decided to check out what this is all about. It could be confusing for clients not to know where to submit their complaints if they have been scammed.

So, let’s start our Axis Capital Group review and check it all out.

Axis Capital Group Regulation and Security

Axis Capital Group is a brand of Olympus Investment LLC from Saint Vincent and the Grenadines. However, in the contact section, the broker listed an address in Moscow, Russia. All the support phone numbers are Russian. On top of that, in the section “Company,” you can see that Axis Capital Group is a part of the UK conglomerate established in 2002 that expanded to Eastern Europe and opened offices in Moscow.

All this sounds lovely, but it does not give us the answer to the most important of all questions – is this company regulated in any of those countries? It looks like all these entities are listed to confuse an average person into thinking the operation is legit because Axis Capital Group regulation doesn’t exist.

Make sure to choose a Tier1 regulated broker when investing your funds.

Warnings From Financial Regulators

Since the broker has no regulation, several of the regulators noticed. It looks like the Spanish CNMV received so many complaints about company itself. They just couldn’t delay it anymore. They needed to warn their citizens about this broker’s scam.

After CNMV, we got the same warning from Belgium FSMA in June this year. The statement is the same as Spanish, do not deal with Axis Capital Group brokerage.

And for the end, we’ve got Italian CONSOB, giving us the same statement. Axis Capital Group is a fraud, do not deal with it. You won’t be able to get a refund.

Beware of the Axis Capital Group scam and other brokers such as Finexico, 60op and CMMCI.

Fund Withdrawal Issues

Suppose you invested the minimum deposit of $250 with Axis Capital Group. The broker redirected you to an account manager whose job is to assist you with trades. And you’ve made some profit. How to withdraw it?

Since the operation is not regulated, nobody is supervising the broker’s activities. The broker is using this to defraud clients and not give them a payout. According to Axis Capital Group reviews, once you invest your money, there’s just no way out. Broker’s support team stops replying. An account manager becomes unavailable, and no one will assist you with a refund.

Beware of such offshore scams, and make sure you always have all the information about money transfers saved.

Traders Opinion

If you check Axis Capital Group reviews, you will see that the broker is terribly rated. And for a good reason. Due to many withdrawal issues and many complaints traders filed, the broker is not just blacklisted internationally. Still, traders published all the small tricks this broker is using to scam clients.

Make sure to read those before starting anything.

How Does Online Trading Scam Work?

Conducting an online scam has never been easier. Thanks to the pandemics of Covid-19, everyone needed a bit of extra income. And fraudsters used it to scam as many clients as possible. Usually, you will see some ads showing a good life, paid off debts, money to travel and enjoy. After signing up and investing an initial deposit, a so-called account manager will explain to you it’s not possible to make money from such a small investment. He will give you some numbers and calculations and ask you to deposit a couple of thousands more. At first, you might even see some profit.

But everything will change once you want a withdrawal. As we already explain, this company doesn’t give up on money easily.

Scammed by Axis Capital Group?

If you were scammed by Axis Capital Group or similar illicit brokerage, do not hesitate to report it. File a dispute and request a chargeback.

But what is a chargeback? It’s a way of refunding your card in case of an online scam. Tell us what happened on our chat, book a free consultation for you and give you all the information about the refund process.

What is Axis Capital Group?

Axis Capital Group is an online trading platform without regulation.

Is Axis Capital Group a scam?

The company has been blacklisted by 3 European regulatory bodies and marked as a scam.

Is Axis Capital Group regulated?

Axis Capital Group is not a regulated brokerage.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

Anonymity is the signature of this broker. Whether you are looking for owners, licenses or office addresses, everything is missing. It’s already a red flag for this broker, but we will continue digging for more clues.

This broker states that they operate under the laws of Estonia. This country is known for companies that are opening accounts there without any regulations. We checked the FI register and found nothing about the Cryptics broker. Read on for more findings in our Cryptics review.

Is Cryptics a Scam Crypto Broker?

We can’t expect a company that is hiding crucial information to be honest and reliable. Especially in online trading where everything is virtual. That’s why you have institutions that are monitoring every move of these companies.

Such institutions are financial regulators and we suggest always looking for Tier 1 Regulations. Those are FCA ( UK ), BaFin ( Germany ), ASIC ( Australia ) and CONSOB ( Italy ). None of these has any information about the Cryptics trading company.

The Cryptics company is anonymous, there is no ownership presented or offices. On top of that, trading conditions are mysterious. There’s nothing else to say but to run away from this broker as fast as you can.

Reasons for Using a Regulated Broker for Trading

The reason is very simple. You know trading conditions and you have the security of the funds. Companies that are violating rules and regulations are paying huge fees for that. Those guys wouldn’t lose their license for your withdrawal of whatever amount.

Moreover, they will educate you about trading and that’s when you have a chance to make some money. Not with scam brokers like Cryptics.

Red Flags and Warnings from Financial Regulators

This broker according to other Cryptics reviews is scamming traders from Spain, Canada, the UK and Austria. Even Spain’s regulatory body ( CNMV ) issued a warning against this broker.

Where’s smoke there’s a fire. Be careful and think twice before handing your hard-earned money to this broker.

Cryptics Available Online Trading Platform & Tools

As expected, this broker only offers a web-based trading platform. Those are the ones that could be manipulated and used to trick clients. That way they can extract from people as much as they want.

These days, traders are looking more for copy trading and social trading options, that are making their decisions easier. This broker doesn’t have that option.

Cryptics WebTrader

The Cryptics broker platform doesn’t offer any advanced features compared to MT4/MT5. Only basic chart preview, few indicators, margin level, opening positions and some other basic features. This wouldn’t be even satisfying to a beginner. Look for another broker!

Trading On Mobile Devices

Trading on a mobile device is not available with Cryptics broker. You can only access it through your browser, therefore you are limited. The mobile version sometimes does not opt for some devices and could make you trouble. We suggest you look for another broker on time.

AnyDesk

Another interesting topic is AnyDesk. That is a program that allows a person to access your computer remotely. That’s presented like it should be helpful and assistance. However, scammers like these are using such software to access your personal information and bank accounts.

What Financial Instruments Does Cryptics Include?

Even though, the list of assets is solid it is not reliable since they don’t have a license for trading those. Anyway, here’s the list:

• Forex                        USD/HKD, EUR/SEK, GBP/JPY
• Commodities             oil, natural gas, cotton
• Indices                      Dow Jones, AU200, BE20
• Shares                      Apple, Pfizer, McDonald’s
• Cryptocurrencies       BTC, ADA, XRM

We always suggest trading with cryptos on a crypto exchange. With trading companies, leverage is too high and you can lose all of the funds very quickly.

Cryptics Service Countries

One interesting Cryptic review revealed all the countries that they are scamming traders from:

• Spain
• UK
• Austria
• Canada

All mentioned countries are highly regulated when it comes to finances. This broker doesn’t have a license for trading in any of these countries. However, it’s not excluded that there are some other countries involved.

Cryptics Types of Accounts – An Overview

We highly doubt you are still considering trading with Cryptics broker. However, there are options for their account types:

• Standard       5.000$
• Prime            10.000$
• Pro               50.000$

For non-regulated companies, these are very high minimum requirements. They don’t offer a demo account to check how everything works. Not even a micro account like some licensed companies.

Cryptics Trading Bonuses

Companies like this have a very interesting trick. Nowadays, it’s known to any experienced trader. Cryptics trader offers for any account type respective bonus, on top of your deposit.

However, to be able to withdraw the profits, you have to make a rollover that is 30 times bigger than the bonus plus the initial deposit. That’s how they will lure you into depositing maybe more not to lose all of the funds or they will give you a withdrawal fee.  

Cryptics Deposit and Withdrawal Policies 

You can deposit money with this broker through a Visa/Master/Maestro card and Wire transfer. At a later stage, cryptos are available most probably. Withdrawals tend to be too long, due to countless attempts from brokers to give you an excuse why not to get it.

The most important thing to remember is not to pay any additional fees for withdrawals because those don’t exist!

Cryptics Terms and Conditions

As for basic conditions, everything is questionable since they are not regulated. Whatever is stated could be fake. Trading conditions like spreads and leverage are unknown with this broker. You don’t know what to expect unless you deposit money.

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

Many people get scammed by this broker, you are not the first or last. However, it’s important to share your story. That way we can raise voices and get regulators to issue an official warning. Now, the important part is the chargeback process, where you can get your funds back if they scammed you.

What Is the Chargeback Procedure?

The procedure includes reversing transactions made with cards. It is not that complicated, but we suggest you not do it on your own. You can book a free consultation with our experts. Your first step is behind a corner. Contact us now!

What Is Cryptics?

This is a non-regulated trading company scamming people from the UK, Canada, Austria and Spain.

Is Cryptics a Scam Broker?

They don’t provide any regulations. Cryptics reviews are screaming it’s a scam. There’s a warning from a regulator. To sum it up, yes.

Is Cryptics Available in the United States or the UK?

This broker only offers services to UK clients. But they don’t disclose that they don’t offer services to US clients.

Does Cryptics Offer a Demo Account?

No. They only have bizarrely high amounts on their live accounts. There’s not even a micro account provided by this broker.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

This review won’t be nice, as we exposed all the shady sides of the scam. There are numerous red flags we just saw from glancing at the AxisCapital website. So, here are all the facts you need about this offshore investment firm.

What About AxisCapital Regulation?

AxisCapital is a brand owned by Raconteur Consulting LLC, registered in Saint Vincent and the Grenadines. This offshore island has no financial regulator, and many scammers choose to register their business in this particular country to avoid any kind of legal supervision.

However, the FSA directive urges Forex companies to opt for a license in the country of service. Upon checking several Tier1 registers, such as FCA, ASIC, and BaFin, we concluded that AxisCapital didn’t follow the directive and had no valid financial license.

How Unsafe Is An Unlicensed Broker?

Unlicensed brokers are quite unsafe. You have no money-back guarantee, and these brokers don’t follow any regulations or any strict rules. In fact, they determine their own trading conditions, and vanishing with all the funds is pretty easy.

Furthermore, we strongly urge you to stay away from Fx24trade, TrustGarden, and MarketsOcta fake brokers.

Is AxisCapital a Legitimate Broker Or A Scam?

AxisCapital is a scam broker. The company doesn’t have any valid license and is based offshore. The consumer index is 1, indicating that you cannot trust this website.

Traders Reviews About AxisCapital

AxisCapital has many negative reviews. Here is just one example.

“Total SCAM. I invested £200 when I asked to withdraw as my fund said I had over $4000 .First I was told the fund had to be at least $10000. Then I was told if I wanted to withdraw I had to close my account. I chose to close my account. I was then told I had to pay £1000 insurance to make sure the funds didn’t get lost. And I paid and was told the funds would reflect in my bank within one hour.

Over a week later and I still havent received my funds. Michael my account manager has stopped responding to me. He also declines my wats app calls. Please be aware these people are greedy scum scamers”

– Trustpilot Customer

AxisCapital MetaTrader 5 Platform 

AxisCapital offers one of the best platforms we’ve had a chance to see, MetaTrader5. It’s the platform with the most significant number of charts and indicators. However, here’s the issue: If a company is illicit, your funds are transferred to a shell firm, and despite the platform, your chances of withdrawing profit are close to none. 

In addition, scheme firms determine their own trading conditions. The broker may put your funds at risk by allowing too high leverage or charging too high spreads and swaps.

All About AxisCapital Accounts

There are three account types you can choose from.

1. Standard Plan – $250
2. Economy Plan – $5,000
3. Business Plan – $10,000

Accounts differ in free trading signals, support quality, access to trading instruments, and more.

AxisCapital Broker – Countries Of Service

According to our research, the firm is mainly present in:

• Germany
• UK
• Romania
• Canada

AxisCapital Range of Trading Instruments & Markets

AxisCapital offers trading in the following markets:

• Currency pairs – EUR/USD, USD/JPY
• Commodities – gold, silver, oil
• Indices – FTSE100, DAX30
• Shares – Apple, Google, Tesla

There is no access to crypto, which is a big disadvantage.

Also, remember the names of the trading frauds Aax, CMCbits, and Btec Global trading scams and avoid them at all costs! Furthermore, before investing, always check the background of internet trading organizations!

AnyDesk and TeamViewer – Access To Your Bank Account

Right above the link to download the platform, you can find AnyDesk and TeamViewer marked as “other useful links.” Your account manager will probably try to convince you that this software helps show you the platform and give you prompt information about your account.

In fact, the moment you install any of the two, the account manager gains access to your desktop or mobile device and your online banking. The rest, you guess yourself.

AxisCapital Bonuses – As A Method Of Fraud

AxisCapital offers bonuses, but nobody will tell you the terms this bonus comes with. You cannot withdraw your funds before reaching the bonus amount plus the deposit amount 25 times. And that’s just another way to prevent you from getting your money back and pressure you to invest more and reach the rollover sooner.

Don’t fall for it and don’t pay any more money.

Customer Support – Communication Channels

AxisCapital’s support team contacts registered customers via phone calls, emails, and WhatsApp messages. You will receive all kinds of promotions and will be constantly harassed until you deposit initial funds. After that, your account manager will keep in touch, trying to persuade you to invest everything you have.

Illicit firms have no limits and harass their customers a few times a day, changing phone numbers and never giving up.

Rather High Minimum Deposit

Yes, the firm requires a minimum deposit of $250. But when you consider that the broker is illicit and that legitimate firms have Micro accounts starting with as low as $10, you can understand why $250 is high. Do not pay this amount to an unregulated broker. Save yourself a headache.

AxisCapital Trading Conditions

Scam brokers often don’t disclose trading conditions, trying to persuade traders to invest first and then discover the issue they’re going into.

About Axiscapital.io Leverage And Spreads

Both the spread and leverage are described as floating and dependent on the trading asset. It doesn’t help us much to determine the risks and costs of trading with this firm. And that’s just a reason more to run as far away from AxisCapital.

AxisCapital Deposit, Withdrawal Methods, and Inactivity Fee

According to the Terms and Conditions, clients can deposit using debit/credit cards and wire transfers. In reality, when you open an account, you’re offered a card deposit and cryptocurrencies. We advise you to use your card as you’re entitled to a chargeback within 540 days. Better yet, don’t invest at all.

The company said it charges an inactivity fee but hasn’t specified after how long you will be charged or how much.

Scammed by AxisCapital Broker? – Let Us Hear Your Story

AxisCapital is a fraudulent online broker with a good story. Don’t beat yourself over it. Report what happened and start the chargeback process right away.

But What Is A Chargeback?

A chargeback is a way for your bank to reverse credit card transactions within up to 540 days if you can prove the scam. Contact us via online chat to book a free consultation with our experts, and let’s get your money back before it’s too late!

What Is AxisCapital?

AxisCapital is an unregulated online brokerage based in Saint Vincent and the Grenadines. Do not invest your money here!

Is AxisCapital a Scam Broker?

Yes, AxisCapital is a scam broker based offshore with no trading license.

Is AxisCapital Available in the United States or the UK?

The company provides its services in both the UK and the US.

Does AxisCapital Offer a Demo Account?

AxisCapital offers a Demo account, so you can test their system for free.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

If you take a closer look at the platinmarkets.com website, you will see a promise that you will have 99% of successful trades. Since financial providers are not allowed by the law to make such promises, we wonder what else is not legit about Platin Markets broker.

Feel free to search through our Platin Markets review and find out everything related to this brokerage.

Platin Markets Regulation and Security

Owned by PLATIN SERVICES LTD, the broker is allegedly based in Scotland, UK. Luckily, the UK has a very strict register of all the incorporated entities. We’ve checked about PLATIN SERVICES LTD and found that the company does exist and has been proposed to strike off. This implies that the company didn’t file their reports and didn’t comply with registration rules. The nature of business registered for this particular company is “business support not elsewhere registered.” This has nothing to do with providing financial services. Therefore, we were not surprised when we couldn’t find the broker in the FCA register.

Platin Markets is another bogus, illicit brokerage you should stay away from.

Issues With Fund Withdrawals

Another crucial question, besides broker’s regulation, is the ability to withdraw the funds. If you make a profit and cannot take it to your own bank, there is no point in having a trading account in the first place. That’s why, in our Platin Markets review, we’ve checked everything about the broker and trading conditions.

The first red flag is the Platin Markets trading platform. The broker is offering only a web trader, which is the least secure option. Any broker that wants to be competitive and up to standards should have either MT4 or MT5. Besides, there are no trading conditions listed. For example, if you want to know the leverage you’ll get or the commission you’ll pay through the spread, you won’t find it on the broker’s website.

The minimum deposit required is 250 EUR and can be made through various payment methods. However, when it comes to withdrawals, there is zero information provided. This led us to conclude Platin Markets is yet another scam out there.

How Does Online Trading Scam Work?

Based on many Platin Markets reviews we’ve seen, the scam starts by signing up on a false ad. Usually, scam brokers use some celebrity or just a piece of news to convince you to invest. Once you do it, you’ll be prompted to invest more and more until you have nothing left. This is where the problems start. Suddenly, you cannot reach the account manager, you cannot access your account, and you have no idea what is happening. In the end, your funds are gone, and you have been scammed.

Scammed by Platin Markets?

If you were scammed by Platin Markets or any other illegal broker, do not hesitate to file a complaint. Request a chargeback and get your hard-earned money back.

But what is a chargeback? A chargeback is a way to refund your card in case of a scam. 

Contact our support via chat immediately, and you will get all the necessary information related to the chargeback procedure.

What is Platin Markets?

Platin Markets is an online trading brokerage.

Is Platin Markets a scam?

The broker has no regulations for providing financial services.

Are Platin Markets regulated?

No, Platin Markets has no regulation by any authority body.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

Coinomi.com is a one-page website that doesn’t contain a lot of info. The company is completely anonymous, with no address or a phone number. They are very active on social media, however.

Learn more about cryptocurrency frauds, and which strategies scammers use to attract unwary investors in our Coinomi Review. 

Nothing About Coinomi Even Approaches Legal

The current state of the cryptocurrency market is so volatile that many financial regulators have imposed strict regulatory standards.

Since Coinomi paddles their business all over the world, as you will see a bit later in our Coinomi Review, they should be licensed in multiple financial jurisdictions.

Although the website itself doesn’t say where the firm might be registered, some 3rd party sources indicate that the company might be established in the British Virgin Islands, by one George Kimonis.

Searching the BVI FSC register, however, did not corroborate this information. This prompted us to look for any license or authorisation ourselves with the most prominent financial regulators around the globe.

Among these were the FCA, BaFIN, CNMV, CONSOB, FINMA, NFA, CySEC, ASIC, and CBR. None of the regulators had any data on this firm, which tells us that the company is not licensed.

Unregulated companies do not adhere to important security measures like segregated bank accounts or negative balance protection. Scammers like Coinomi aren’t subject to regulatory oversight, and nothing stops them from just stealing your money!

Scammers Lurking On Social Media

The beta testing of the Coinomi multi-coin wallet project was started as early as 2014. The platform went live in April 2015, with the launch of the Coinomi Wallet application on Google Play.

The majority of Coinomi platform users are from these regions:

• United States
• Germany
• United Kingdom
• Netherlands
• Nigeria

Coinomi used to be a crowdfunded project. During development, the team relied on numerous donations. At this time, company created a number of social network profiles on Facebook, Twitter, Reddit and LinkedIn just to mention a few.

At some point, though, the whole ordeal took a dark turn. Currently, Coinomi leverages their popularity on social media, as well as past glories, to attract new clients. Their Telegram page has become a major hub for Coinomi Boiler Room Agents to persuade new victims to invest.

Reputation Boosted By Paid Reviews

The majority of personal testimonials on this company come from the “old glory days”, before the company turned into a total scam. Recently though, all the reviews are bad. To counter this, Coinomi paid Review Seller networks in an attempt to bolster their rating on Trustpilot and Google Play.

Here are a few examples of recent reviews:

“ I opened a support ticket about some coins that never made it to my wallet after using the in app exchanger and still no reply, still no coins, on top of that the money I had in the wallet, gone too! […] “

“ the exchange rate is a straight scam , fees are way to high, they use the API from changelly but they put extra fees so rather go and use the changelly or other exchanges. […] “

“ Install this to be easy hacked and lose all funds, while support watches and gloat. Seed phrase was kept written on paper in safe and only 1 device had access. Biometric and unique password are not enough. App have no password protection from hackers getting in “

When it comes to cryptocurrency transactions, charging back your assets might be impossible without legal aid. Contact our recovery experts via the live chat for more information.

Unclear Pricing And Fees

Coinomi advertises a zero deposit and withdrawal policy. So, how does the company turn a profit, when even their App is free?

This firm was never about trading or storing cryptocurrencies. When you use the crypto purchase utility on coinami.com, you get redirected to an affiliated scam.

Clients of Coinomi do in fact get different fees, but these are only dependent on the scammers’ own whim. This is why sometimes this company fees rack up to £17 for a £80 transaction, while at other times they may be under £1 for transactions worth thousands of pounds.

Various Promotions Cast As Bait

Depending on which social media outlet you subscribe to, you will find various promotions and bonuses offered by Coinomi.

On Instagram, for instance, you will find a giveaway of $500 worth of BTC. On Facebook, there is another giveaway with a prize pool of $1 400, and so forth. 

These are as false as their cryptocurrency trading and storing features.

Trading Features With Coinomi

None of the Coinomi features have any utility whatsoever. There is no account creation, and all assets are purchased and stored through Coinomi’s “secure” mobile phone app.

This app itself is quite dubious as well. You won’t find any relevant information you’d expect from any reputable exchange on Conomi either.

Their Platform Is A Hacking Tool!

The main platform used by Coinomi is an app with the same name. Allegedly, it’s a multi-coin wallet for cryptocurrencies.

In reality, it’s a hacking tool that lets cybercriminals access any other cryptocurrency wallets you may have linked to this company, or used it with Coinomi in some other way.

Not only that, with such a huge breach in security, scammers can access your other private data instead. This may range from phone numbers and contact details, to bank card and account information!

Can You Even Trade Anything On Coinomi?

Allegedly, you may purchase a variety of different cryptocurrency assets with this firm acting as an intermediary. All cryptocurrency transactions should be handled by Simplex, which is another financial  scam as crooked as Coinomi or GoldenrodFX.

So, in reality, the Coinomi scam is tightly linked to the Simplex fraud. They work in conjunction where company pretends to store assets allegedly purchased via Simplex. In reality, no exchange ever takes place.

Virtually No Account Security

There are no actual trading accounts on Coinomi. The Coinomi Login works through the alleged embedded security protocols in their trading app.

Coinomi doesn’t even mention how this security works, or how an account is handled in the first place! Many traders who use this firm services complain about serious flaws in this system.

Nobody Can Withdraw From Coinomi

Coinomi and other financial scams like Interactive Trading, prevents their clients from withdrawing. The Coinomi app is made in such a way to simply swallow up any deposited crypto coins.

Handling cryptocurrency transfers is inherently risky, as these transactions are purposely made to be untraceable. The system is not foolproof, however, and Coinomi are not exactly experts in the field. With the help of our chargeback experts, you too can recover funds stolen by this company!

Customer Support Doesn’t Help Clients

The customer support at Coinomi is virtually nonexistent. Their website does feature a live chat, but it will always be answered by the chatbot which posts an automatic message to connect to Telegram instead.

The Telegram chat room is teeming with Boiler Room Agents. They will use peer pressure and persuade you that everything is fine and dandy, and that you shouldn’t make a fuss about your issues.

What Can You Do To Recover Funds From Coinomi?

Coinomi is a den of crooks, villains and thieves. Nothing about the company has any sense of legitimacy. Coinomi Boiler Room Agents lurk on every social network, and their trading app is only made for cryptocurrency theft.

Don’t stay silent and give up on the money you’ve invested with this firm. Contact us via the live chat, and book a free consultation with our chargeback professionals at any time. Your money is not lost! With our aid, you can recover all lost assets.

FAQ Section

What is Coinomi?

Coinomi is a cryptocurrency exchange and wallet scam. The operators of this platform are thieves who steal any deposited coins.

Is Coinomi A Scam Or Legit?

Coinomi is a complete fraud! The only purpose of their mobile app is to gain unauthorized access to your mobile phone, and connected crypto wallets!

Is Coinomi Suitable For Beginners To Trade?

Although the Coinomi app may seem simple to master, we need to remember that it’s only purpose is to act as a hacking backdoor for theft.

How Do I Get My Money Out Of Coinomi?

You may rely on the services of our legal experts to help you with chargeback from the Coinomi fraud. Our live chat is available 24/7, and the first consultation is free of charge.

What Are The Cons Of Coinomi?

Coinomi is unsafe, insecure, unreliable, and uses many different scam strategies to steal the money from their investors.

Can Coinomi Be Hacked?

The Coinomi mobile phone app is a hacking tool by itself. This is a so-called backdoor program, which lets hackers gain access to secure information on your device.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint