Before opening an account with any broker, for sure it will cross your mind. Could you be scammed? Could this broker be not what it seems? To help you resolve this dilemma, read our in-depth NordFX review. We made sure to answer all of your questions.

Regulation and Security

NordFX is a broker owned by NFX Capital CY Ltd. The company is based in Cyprus and regulated by CySEC. Besides this entity, the company also has entities in Vanuatu and Scotland, UK. In Vanuatu, it is operating under the name NFX Capital VU Inc and has VFSC regulation. In the UK the company is registered under the name NFX Capital VU LP, as a branch of the Vanuatu company. However, the company does not have FCA regulations.

The previous name of this company was Vinst Capital Ltd, registered with CySEC in 2014.

When it comes to the safety of the funds, as per CySEC, funds are kept in segregated accounts.

However, we were unable to find the information in which banks are the funds held.

NordFX Warnings

We decided to check who this broker really is, and we had what to see. Portuguese CMVM warned against this broker. Seems that the broker was using its Vanuatu entity for clients from Portugal. We have to ask why, if the company has a CySEC license, and can operate legally. Was it a part of a scam, or an honest mistake? It is left to be seen.

In which countries does this broker work?

NordFX broker is operating within the EEA zone according to CySEC regulation. As a CIF, it can provide services in third countries if it complies with its trading regime. Based on this, the broker is legally operating in Belarus, Belize, Kazakhstan, Thailand, UAE, Ukraine, and Vanuatu. According to its website, the company does not have restricted countries. Outside the EEA zone, clients belong to the Vanuatu entity. Since this entity is offshore, we advise clients to be careful.

Is your money safe with NordFX?

NordFX broker does not have the best reputation amongst its clients. We noticed many NordFX reviews where clients complained that they cannot withdraw funds from this broker.

Also, if you are not coming from the EEA zone, you are falling under the Vanuatu entity. This entity is offshore, and the reason for a broker to go offshore is obvious. Less strict regulation, and more gray zones.

Therefore, we would advise every client to check under which entity of NordFX broker it belongs. If you find out that you will be trading with NordFX Vanuatu, be extremely careful. Or better yet, choose a broker with tier-1 regulation such as FCA or ASIC.

The broker is using the MT4 trading platform and the minimum deposit is 10$.

Scammed by NordFX? What to do?

If you were scammed by a NordFX broker, contact us immediately. We will help you request a chargeback and get your money back. Do not waste more time, get in touch with us now!

Is NordFX a good broker?

NordFX is a broker registered in Cyprus and Vanuatu. All the clients trading with its offshore entity are in danger due to offshore regulation. Be careful when starting with this broker.

Is NordFX a Scam?

NordFX has CySEC and VFSC regulations. However, there are regulatory warnings against this broker and many bad reviews. We advise traders to be careful.

Is NordFX regulated?

NordFX is regulated by CySEC and VFSC, Cyprus, and Vanuatu regulatory bodies.

Where is NordFX broker based?

NordFX is a broker based in Limassol, Cyprus. It also has entities in Vanuatu and Scotland, UK.

Appropriately named Cryptos Circus, this trading firm is entirely anonymous. Instead of providing customers with information about the owner, legal jurisdiction, and more, we’ve got nothing. Investing in your funds with this particular brokerage equals giving it to any stranger on the street. They can vanish, and you can lose everything.

Read our in-depth Cryptos Circus review. We highlighted the main issues.

What is more, we strongly advise you not to invest in MilleniumOne, AlfaBTC and Capitality fraudulent brokers.

Is Cryptos Circus a Trustworthy and Licensed Broker?

Upon checking the broker’s website and legal documents, we can say that Cryptos Circus is not a trustworthy broker. On that note, it’s not licensed either. In fact, it imposes a risk on your funds due to its anonymity.

Typically, when companies plan on scamming as many clients as possible and vanishing, they fail to give any basic details. They don’t want to deal with lawsuits or complaints, and this is the way to ensure it.

Reasons Not to Trust an Unlicensed Broker

As presented above, if you have no owner and no authority to verify the owner, you cannot file any complaints. Furthermore, you can’t take any legal action as there’s no company in charge.

Regulated firms must follow strict rules and have significant capital, compensation funds, and more. Unregulated financial swindlers can simply disappear. And there’s nothing you can do about it.

Is Cryptos Circus a Scam?

Cryptos Circus is an anonymous trading website. The brokerage has been blacklisted by the Ontario Securities Commission for providing unregulated services in the business of trading in securities.

Warnings From Financial Regulators

The Canadian regulator has issued an official warning against Cryptos Circus trading scam. According to the Ontario Securities Commission, cryptos-circus.com is not registered to engage in the business of trading in securities.

This is your final and official proof that the broker is illicit. Don’t fall for the scam.

What Do Traders Think Of Cryptos Circus?

This trading firm has earned a negative reputation due to withdrawal issues. According to reviews, customers are supported to invest, but their accounts are blocked once they ask for a payout.

This is a typical MO for scheme firms. They will do anything to get ahold of your funds and then stop all communication and freeze your access to funds.

Cryptos Circus Offer WebTrader Platform? – Available Trade Software

Cryptos Circus offers a web-based trading platform. It’s a rudimentary trading tool without any advanced trading features. Customers can overview their trades, trading history, and available assets. Yet, there are no tools such as automated or social trading or a possibility for any advanced trading strategies. 

Instead of wasting your time on some barely functional tools, find a legit broker offering MT4 or MT5. This software has proven to be the best investment tool with the largest number of technical and analytical indicators.

Cryptos Circus Accounts Overview

There are 3 Cryptos Circus account types you can choose from. They are:

• Starter – 250 EUR
• Premier – 250 EUR
• Elite – 250 EUR

According to the website, each account brings the same perks, spread, and functions. Thus, it’s unclear what the point of having the same type of account is.

Cryptos Circus Broker – Countries Of Service

This trading brokerage mainly provides its services to the residents of:

• Canada
• US
• Germany

Thus, OSC issued a warning against fraud. We expect other regulators to react quickly and expose Cryptos Circus as a trading fraud.

Deposit Bonus and Bonus For Bringing A Friend 

The company offers a deposit bonus of up to 30%, added to your account within 2-5 business days. We have up to 20% bonus for each customer bringing their friend. 

Bonuses and other incentives are banned by the most significant regulators. Scam brokers were exploiting them to prevent customers from getting withdrawals before reaching an impossible rollover.

As you see, Cryptos Circus goes against regulations and with a malicious clause. According to it, customers need a rollover of 25 times the deposit plus the bonus amount before being eligible for a withdrawal.

Cryptos Circus Range of Trading Markets

Despite its somewhat misleading name, this firm offers trading in all 5 major markets, including:

• Forex – AUD/CAD, GBP/NOK, USD/ILS
• Commodities – gold, palladium, natural gas
• Indices – Dow Jones, FTSE100, AUS200
• Shares – Amazon, Apple, Google
• Cryptocurrencies – ADA, LTC, BCH

Also, remember the names of the BullGeko, AltoFX and Interactive Fund trading scams and avoid them at all costs! Moreover, always check the background of online trading companies before investing!

What Is Known About Cryptos Circus’s Trading Conditions?

There are very few things we know about trading conditions. As explained, legal documents don’t provide any information, including this. The leverage is unspecified, meaning that you cannot assess trading risks.

The spread for all account types is said to be 1.4 pips. However, since we already elaborated on the account type offer being invalid, it’s unknown what to expect regarding the spread and other trading commissions.

Cryptos Circus Minimum Deposit and Unfavorable Withdrawal Terms

This company requires a minimum deposit of 250 EUR. If the firm was legitimate, it wouldn’t be that bad. But it’s not.

Withdrawals are subject to hefty fees of 50 units for wire transfers and 25 units for card withdrawals. A levy fee of 10% will be charged from all accounts that haven’t reached 200 in a rollover. Assuming it’s 200 lots, this broker wants you to achieve a rollover of $2 million before submitting a withdrawal request.

What Payment Method Does the Broker Accept?

The broker accepts:

• Debit/credit cards
• Wire transfer

The minimum withdrawal amount is also 250 EUR, which is rather high and limits your ability to get your money back.

Scammed by Cryptos Circus Broker? – Let Us Hear Your Story

If you were scammed by Cryptos Circus, you could claim a chargeback. Instead of letting a scammer run with your life savings, you ought to fight back. Our experts are here to help. Contact us to book a FREE consultation and we will evaluate your case thoroughly.

But What Is A Chargeback?

This is a way for your bank to get your money back from the merchant. The procedure is time-limited to up to 540 days. So, don’t waste your time. Get in touch now and let’s act!

What Is Cryptos Circus?

Cryptos Circus is an online trading brokerage without a license.

Is Cryptos Circus a Scam Broker?

Cryptos Circus is a trading scam exposed by the Canadian regulator, OSC.

Is Cryptos Circus Available in the United States or the UK?

The firm provides trading services in both countries. However, it does so without any financial authorization.

Does Cryptos Circus Offer a Demo Account?

There’s no free Demo account. Customers have to deposit the money before being able to place any trades.

Navigating the crypto investment landscape is a difficult task. The regulation does exist, however, and this firm is not one of the licensed entities. While this may empower less honest individuals to steal from their clients with impunity, we will show you how to recognize them.

Learn how professional internet fraudsters use high-profit margins as bait to steal crypto from their victims in our PrimesGain review.

Not a Real UK Firm

According to the website information, the PrimesGain broker is owned by PRIMESGAIN, allegedly registered in the UK. There isn’t a single business registered under this name in the UK Companies House database of legally incorporated entities.

Since this search gave back no results, we also tried searching for the address that the firm claims to be registered at. However, the same register says that there used to be another firm called PRIMES CASH COMPANY INC LTD. The business was registered in September 2022 and dissolved via compulsory strike-off in February 2024. The nature of the business was the activities of investment trusts. The site we’re reviewing doesn’t belong to a legal entity at all!

Blacklisted by FCA

Companies that claim to be licensed online financial services providers in the UK have to be licensed by the Financial Conduct Authority first. FCA imposes strict regulatory directives that ensure clients’ funds are safely kept and that investment platforms cannot misappropriate users’ deposits.

However, this very authority has alerted the public regarding the investment scam we’re reviewing. The company has had both of their domains blacklisted. IOSCO and AFM reposted this document. 

Who Do The Frauds Focus On?

The con artists originally created primesgain.com some time during 2023. When the site was noticed by FCA, the conners quickly shut it down and put up another one – primesgain.net. This domain was created in July 2024 with the goal of defrauding people from these nations:

• United Kingdom
• Netherlands
• Belgium

Because neither of these sites has been active for a prolonged period, the PrimesGain reviews on popular rating sites are scarce.

Con Scheme Explained

The PrimesGain trading hoax is a predatory money sink, in simple terms. It’s a fake platform intended to take cryptocurrencies from unsuspecting marks. The people behind the scheme work in a so-called boiler room, which is best explained as a scam call center. They will claim to be financial professionals and pitch promises of huge profits and passive income.

Of course, it is all a ruse, just like with the Nominex scheme. While regulated firms handle the initial purchase of crypto, the swindlers will insist the coins be deposited in their crypto wallets. The funds are not lost, however, and our experts can still help you recover them.

Luring Victims With Unrealistic Profits

It is not so much of a trading app, as the company does not allow clients to trade anything. Instead, clients are urged to buy an investment plan:

• Standard – $50; 5% daily ROI for 4 days
• Business – $5,000; 11% daily ROI for 7 days
• Professional – $10,000; 16% daily ROI for 7 days
• Enterprise – $15,000; 26% daily ROI for 7 days
• Promo – $1,000; 400% ROI in 24 hours

The Promo package is only available through the client dashboard. The ludicrously high profit margin entices marks to make a quick emotional decision. An additional affiliate bonus of 5% is intended to attract more victims through word of mouth.

Nothing Said About Costs

You won’t find cost information anywhere on the site or in the client area. The company never outlines any fees, commission, or any similar charges. The only place where you can find some information is in the FAQs, which state that there are no hidden fees. This is something Titan FX says as well, and we know it to be complete hogwash.

Once a client starts considering a withdrawal, schemers will invent a myriad of different charges to squeeze out more money. In what is known as an upfront fee scam, the funds won’t be deductible from the account balance. Don’t fall for this trap! Contact our legal experts and seek help with your recovery!

Conflicting Withdrawal Information

There are plenty of ways one can invest in the company, the swindlers have made sure of that. Their deposit channels include e-wallets (PerfectMoney, Skrill, Payeer, AdvCash) and crypto wallets (Bitcoin, Bitcoin Cash, Litecoin, and Ethereum).

To learn about PrimesGain withdrawal, we had to consult the FAQs one more time. We found out that the minimum withdrawal amount for most e-wallets, LTC, and ETH is $0.1. At the same time, $2 is the minimum for Skrill and BCH, ETH, and LTC, and $12 for BTC transactions.

You might have noticed that the minimum payout amounts overlap, meaning this information is complete hogwash as well. The Terms and Conditions document doesn’t address the topic at all.

No Replies From Support

Since the support phone number is only revealed to VIP members, others may only use the online form and email address to get in touch. In all honesty, we didn’t expect any particularly special treatment, but no response at all is simply unacceptable. 

While claiming that all clients are tended to, these swindlers don’t even bother responding to any support tickets.

You Can Still Get Your Funds Back!

Before committing your hard-earned money to any investment project, you should double-check the firm you decided to do business with. If they’re not properly registered or have even been blacklisted, that’s your sign to keep away.

If you, perhaps, thought it was a good idea to invest in the PrimesGain scam and lost cash to cons, it’s still not too late to start a chargeback. Our recovery experts can offer legal advice and support. All you have to do is contact our chat agents and book a free consultation.

FAQ

Where is PrimesGain Registered?

The company presents false incorporation data and is actually blacklisted in the same country they claim to operate from.

How Can I Withdraw Cash From PrimesGain?

Despite the firm reassuring their clients all payouts are almost instant, this is not true. You won’t be able to withdraw anything unless you get professional help with recovery. For more details, contact us.

VideForex was back rebranded in 2022, with the new owner but the same habits. This firm provided illicit financial services, was blacklisted by several regulators back in 2019 and laid low. However, it’s back with new scheme methods, and we will elaborate on them all in our VideForex review.

What About VideForex Regulation?

VideForex belonged to Algobit Ltd, a firm from Seychelles, blacklisted for several brands, including AstroFX. Since this owner was on the radar, VideForex got a new owner – Involva Corp. and moved from Seychelles to the Marshall Islands.

Did the VideForex regulation status change? Not really.

In addition, we strongly advise you not to invest in TradingBloom, Finazio and Roicraft fraudulent brokers.

Why Must a Broker Have a License?

Brokers are obtaining a license to show they are following certain monetary standards and ensuring their clients that they are not simply going to vanish with the money. Also, most Tier1 regulators are taking precautions by making investment firms form significant compensation funds with enough funds to reimburse potential victims.

However, VideForex is moving from one offshore country to another, and while claiming it has a license, it’s not true. 

VideForex Warnings From Financial Regulators

A while back, VideForex was blacklisted by several authority bodies – Spanish CNMV, Italian CONSOB, and Belgian FSMA.

CNMV has stated that VideForex provides unauthorized financial services.

CONSOB and FSMA republished this warning, hoping that their citizens won’t fall for the scam.

Traders Reviews About VideForex Scam

It seems that trading company is back big time. The company is aggressively placing ads all over social media, and clients claim they are harassed until they make the initial deposit. However, once the time for the payout comes, this broker freezes their investment account, and they cannot even submit a withdrawal request.

Where Is VideForex Trading Scam Active?

Based on our review, broker mainly operates in:

• US
• UK
• Germany
• Canada
• Sweden

Supported Trading Platforms – Available Trading Software

VideForex enables WebTrader through a browser and as an app for desktops and mobile devices. However, this platform is a rather simplified TradingView chart and has no EAs, social trading, and many other functions that MT4 and MT5, for example, can provide.

The leverage goes up to 1:500, while the broker promises up to 95% return on investment in 60 seconds. Additionally, It seems that they provide binary options, not typical Forex trading.

VideForex Mobile App

The company has a free mobile app for Android and iOS users, matching WebTrader.

Everything About VideForex Trading Accounts

There are 3 VideForex account types.

1. Bronze – $250
2. Silver – $1,000
3. Gold – $50,000

In addition, the difference is in the deposit bonus going from 20% to 100%, the account manager’s seniority, and risk-free trades. We’ve checked a bit more since we all know there’s no such thing as a risk-free trade. Also , it seems that the broker will add a bonus if you lose your funds with the “risk-free trade.” 

VideForex Demo Account

The firm has a Demo account as well, enabling clients to test the environment. However, virtual money can never be compared with real-money investment. 

VideForex Range of Trading Instruments & Markets

The broker offers a standard trading instrument range:

• Currency pairs
• Commodities
• Indices
• Shares
• Cryptocurrencies

As per our review, there are a bit over 200 available assets which can be considered solid.

Also remember the names of the Swiss FX,  Gravity Trade and FX Elite Trader trading scams and avoid them at all costs! Moreover, always check the background of online trading companies before investing!

VideForex Deposit, Withdrawal Methods, and Bonuses

Trading company requires a minimum deposit of $250 and enables the following payment methods:

• Debit/credit card
• Wire transfer
• Cryptocurrencies

Besides, the firm gives up to a 100% deposit bonus. However, if you accept any bonus, the Bonus Policy suggests that you have to have 3 times turnover within 3 months before withdrawing funds. If it means to have a rollover of 3 lots, it basically means you will have to trade $300,000 before making a withdrawal.

Also, there’s a clause about withdrawals for accounts without a bonus – “Trader has to reach a 100% turnover from the deposited amount to claim for withdrawal.” So, let’s say you have deposited $50,000; you have to trade with all your money just to be able to get it back.

Scammed by VideForex Broker? – Tell Us Your Story

Finally, If you were scammed by VideForex or a similar bogus broker, let us know. Our chargeback specialists may assist you with the refund procedure.

But What Is A Chargeback?

Additionally, this is a way for your bank to reverse the funds from the merchant. Since this refund method is time-limited, it’s important to act now. So, contact us via online chat, and we will book a FREE consultation with one of our experts. Upon evaluation, you will be assisted with the refund. Let’s take the first step right away!

What Is VideForex?

VideForex is an online Forex and CFD trading provider with no license. If you have been scammed by this firm, contact us for assistance.

Is VideForex A Scam Broker?

VideForex is a fraudulent firm blacklisted in Spain, Italy, and Belgium.

Is VideForex Available in the United States or the UK?

VideForex provides its services in both the UK and the US.

Does VideForex Offer a Demo Account?

Yes, VideForex does offer a Demo account as a Trial.

A broker that meets all your trading needs and investment expectations but also shapes your future. That’s how pretentiously this investment scam advertises its faux services. 

Regulatory bodies, on the other hand, are posting warnings and alerting investors about the risks that lie behind the false promises. Read more about this elaborate fraudulent scheme in our Falcon Group review.

 Anonymous Company and Domain

The Falcon Group investment scam claims to operate from several different locations, including the US, Brazil, Italy, the UK, and several other countries. All the phone numbers are randomly generated, while the addresses are either false or belong to entirely different companies. 

Of course, these entities have nothing to do with the business we’re investigating. Therefore, it is obvious that we’re dealing with a ghost company that most likely doesn’t even exist outside of their shady website.

Undoubtedly Unlicensed

If the business was fully legit as it claimed to be, it wouldn’t be accused of scam and blacklisted by CNMV, FSC, ATVP, FSMA, AFM, IOSCO, and FI. Regulated brokerage powerhouses are fully transparent, follow legal directives, and implement security measures on their platforms. 

This company does none of that. There are no segregated bank accounts supported for all client deposits, negative balance protection is non-existent, and you may lose more than you’ve invested. Lastly, there’s no transparency concerning the firm’s operations and monetary transactions, which means the broker can easily misappropriate your funds, and you won’t even be aware of it.

Who Do The Schemers Target?

The falcongroup.investments website was established in 2021 and has remained largely unchanged since. One of the reasons why this con game has managed to avoid detection for so long is its unconventional top-level domain. This is also the reason why you won’t find a large number of Falcon Group reviews.

The fraudsters mostly target people from the following areas:

• Netherlands
• Australia
• Canada
• Germany
• Spain

Online Scam Starts By Phone

The hoax itself operates as a so-called boiler room. The majority of the interaction between the schemers and their victims happens by phone, with minimal web exposure.

Company agents contact people directly and pitch a get-rich-quick scheme through what they call an infallible investment plan. Even if the marks are not interested, the agents may squeeze the money out through careful manipulation. This is the same pattern GreenlinePro used in its fraudulent scheme.

To get your money back from these criminals, contact our recovery experts.

Boiler Room Recruiting Users Only

Not anyone can join this portal. Only those who contact boiler room agents can complete the signup process and are allowed to log in. That’s why, instead of a signup form, you will be redirected to the contact page and be offered to request a call. Allegedly, this call will come from a professional as a part of the Falcon Group advisory services related to investing smartly. 

No minimum amount is required for investing. Your advisor will attempt to convince you to put in at least $5,000, though, which is the recommended sum according to the site.

Error – Platform Not Found

As experienced scam investigators, we’ve seen this same strategy unfold numerous times. The swindlers promise a trading program with an exceptionally high probability of success. Agents will ask clients to share their computer screens through one program or another and show them a pre-orchestrated market shift. Profits quickly skyrocket, and everybody is happy – champagne all around!

Many con artists like StocksKey will have a web trader prepared in case the victims try to trade for themselves. In this case, we doubt that it is available as the site doesn’t even advertise any app.

All Fees are Hidden

Forget about mandatory transparency and clear costs of services. The Falcon Group scam reveals absolutely no fees, costs, or other taxes pertaining to their services and transactions.

There are hints of monetary transfers, including some fees, but these are just that: hints and nothing else of relevance. None of the information pertaining to trading parameters like spreads, leverage, and trading commission are even remotely discussed. In these situations, you can always expect hidden fees that you’re expected to pay in advance.

Withdrawals Are Never Mentioned

Outside of the client area, to which we had no access, there was no information whatsoever on any funding channels. The Terms and Conditions document is only a single page long, and makes no mention of any Falcon Group withdrawals or deposits.

Not that the charlatans would consider this document legally binding, mind you. It only serves to give them breathing room in case the victims start to have doubts. This doesn’t mean that they can get away with online theft, though. If you need help getting your money back, contact our legal team via the live chat. 

Non-Existent Customer Support

The website doesn’t feature a dedicated help desk. Instead, the firm offers a callback option. Clients can apparently book a callback by using either an email or a number that appears to be registered in Hong Kong.

We strongly discourage using either option. Getting in touch with these swindlers also means getting further involved in the scheme, with all of the pestering, harassment, and pressure to pay more money.

What to Do If I Was Scammed By Falcon Group Broker?

This self-proclaimed company is not an actual business but a disguise for a dangerous group of cybercriminals. There is no market access, nor are there any profits to be made.

If you’ve had any interaction with these scammers, try to withdraw your money as soon as possible. Should you fail, feel free to contact our recovery experts. You may book a free consultation by using our live chat feature, which is available around the clock for your convenience.

FAQ

Who Owns Falcon Group?

People who operate and own the company behind this scheme are anonymous. Beware of dealing with such entities.

Why is Falcon Group Blacklisted?

The company has breached regulatory laws on many occasions and has therefore been blacklisted. If you have also lost your funds to this sham, contact us immediately.

Fundiza Ltd operates the eponymous broker, Fundiza. The broker has both CFDs and forex for traders to choose from. They run their operations out of St. Vincent and the Grenadines. The popular offshore haven is a common choice for unregulated brokers. Without effective financial oversight, the brokers there can essentially take any action without repercussions.

Former Clients Speak Out Against Fundiza

It’s common for past clients to leave online reviews of brokers they trade with. Similar to the broker Coin2FX , the Fundiza reviews found online are all highly negative. Traders complain about the quality of the signals and advice that the broker provides. Despite claiming to offer premium signals, traders find their offerings mediocre.

FCA Joins In Condemnation of Fundiza

In addition to past customers calling them the Fundiza scam, financial regulators are also generally unfavorable towards the broker. A September 2020 statement from the UK’s FCA says that the broker has been offering services there without the proper, or any, authorization. These warnings are explicitly stating that traders should stay away from Fundiza.

Absurd Minimum Deposit

Without a doubt, Fundiza’s minimum deposit is truly shocking. The broker has the audacity to set their minimum at $5000. This is 20 times that standard $250. Anyone giving the broker a chance stands to lose substantial funds. It’s already clear that many traders are unsatisfied with their premium offerings. The broker does have a very wide selection of assets, over 500. They have over 50 forex pairs and hundreds of CFDs across stocks, commodities, and more.

Genuinely Obscene Client Terms and Conditions

Fundiza has a number of terms and conditions that are well beyond what any trader would agree to. The broker reserves the right to put a limit on the withdrawals for an account. Basically, the broker can block withdrawals as they please. In addition, there are inactivity fees that slowly drain accounts. The crowning achievement is the stipulation that traders are not allowed to make any public statements about the broker and that they might face a $100 reputational damage feed.

Holding Your Funds Isn’t Right – We Won’t Allow It

Offshore brokers are beholden to no one. They do whatever they want, justifying it with the absurd fine print in their terms and conditions. If you missed regulator warnings and signed up with an offshore broker anyway, it still might not be too late. You can contact us today to implement a powerful strategy to recover your funds.

Problem with withdrawing funds 

Once we had a chance to check more information in Fundiza reviews by investors, we were stunned. The broker asks clients to deposit an insane amount of $5,000 (no, this is not a mistype). In return, you are getting a proprietary web trader, too high leverage, and no information related to fees and commissions.

According to many clients, this broker has the same pattern – extorting money until you ask for a withdrawal. Once you do it, your account is suspended, and you will never see your money again.

Do not fall for the Fundiza scam.

Scammed by Fundiza?

If you were misled or scammed by a Fundiza broker, report it immediately. File a dispute and request a chargeback. It’s the only way for you to get money back from an unregulated brokerage. Unfortunately, you are not the only victim of the Fundiza scam. Contact our support team via chat, book your free consultations and get all the information about the procedure.

Do not let the scam broker go away with your hard-earned money!

What is Fundiza?

Fundiza is an online trading brokerage that operates illegally.

Is Fundiza a scam?

Since the broker has no regulations, we can say that it’s conducting a scam.

Is Fundiza regulated?

No, Fundiza has no regulations for providing financial services in any country.

Even at first glance, you realize there is something wrong with the FCTrading broker. In the first place, the company doesn’t share any ownership or precise address information. With this in mind, you know there is nothing much to expect from this one.

On top of that, the company operates since 2021. This gave them enough time to prove themselves and build credibility. However, they are still failing heavily. Keep reading this detailed FCTrading review to find all the flaws of this shady broker.

Legal info: Is FCTrading Legit or a Scam?

Starting with regulations, you can already see why not to trust this broker. With their address that puts them in the UK, it’s easy to determine where to look. Primarily, in the FCA register but also other Tier 1 regulatory databases, such as BaFin, ASIC and CFTC.

However, neither one of those mentioned has any records of their license. Therefore, you can’t expect any protection from FCTrading scam broker.

Who are FCTrading clients?

With their fingers spread worldwide, they managed to reach out far from the UK. All this without any authorization. Actually, the demography of mostly scammed traders is:

• United Kingdom
• Netherlands
• Canada
• Brazil

In addition to that, all the countries have strict regulations. But obviously, this scam broker doesn’t care. Neither should you if you were their victim. If you don’t want to let them get away with it, contact us for advice on the next step.

Leverage, Commissions, Spreads and Fees With FCTrading

Generally speaking, if the broker is not revealing trading costs there is something hidden behind it. Either they are manipulating those or they will rip you off heavily. In fact, with FCTrading scam broker none of the information is available.

Therefore, everything remains questionable and open to manipulation. Instead, you can opt for Tier 1 licensed brokers and avoid such headaches.

FCTrading Trading Features

The general idea of automated trading is quite attractive. But a broker without regulations is something we have seen many times before. Yet, none of those proved themselves as reliable. Practically, with an FCTrading broker that’s the only thing that might attract you. Thus, there is much more to diminish your desire for trading with them.

Available Trading Assets

Another key fact is the availability of tradeable assets. In general, brokers tend to provide as many options as possible. Mainly to attract traders to get on board. Yet, FCTrading decided to keep their classes narrow and offers only:

• Forex (USD/EUR, EUR/JPY)
• Cryptocurrencies (BTC, LTC, ETH, XRP)

Account Types

Another motivation comes from the account types. However, this broker doesn’t reveal any. It seems like everyone gets the same conditions at the beginning. Thus, throughout your journey with them, it might change. Important to realize that not even a minimum deposit is revealed.

Mobile Trading App

Considering their high anonymity level, we are not surprised they don’t share the software that they use. Not to mention the lack of information about the mobile app. But even if they have it, it would be quite suspicious without adequate regulations.

Demo Account

Unfortunately, completing the FCTrading login procedure doesn’t reveal a demo account. Unless you are eager to deposit, you can’t get insight into their platform. But if you check any Tier 1 licensed broker you will see many risk-free options for the start.

Education

In general, you should trust only licensed brokers with educational programs. Luckily, FCTrading broker doesn’t offer any. At least on their website, but tricks may come out of the sleeves if you register.

FCTrading Withdrawal

Another key fact is the FCTrading withdrawal policy. Or ifyou like, the lack of it. To be precise, there are no legal documents available at all. With this in mind, you know that you can expect the unexpected.

Scam brokers often use dirty tricks with account verification, taxes or non-existent fees. If you hear about any of those, you know that most of the time there is something wrong. Especially if you are trading with a non-licensed broker. Expand your knowledge about brokers and keep yourself protected by reading our honest ITradeFX and Limeberg reviews.

Customer Support

In these hard times for the trading industry, customer support plays a key role. But the FCTrading platform didn’t bother investing much in it. Instead of many different options, this broker only allows you to contact them via e-mail.

This leaves enough room for them to prolong any request. Especially if it’s withdrawal-related. Obviously, it’s a clear sign to avoid them at all costs.

Key Information To Consider About FCTrading?

As can be seen, there are numerous reasons not to trust this broker. Primarily, the missing regulations and transparency about the ownership details. On top of that, quite poor address and contact information. Important to keep in mind are the shady conditions and non-transparent legal documents. The list is countless.

Getting scammed is not the worst thing that can happen. Even worse is not to know what to do next. There are different ways to recover lost funds. However, those depend on a few factors that we can talk through together. If you book a consultation with our expert team, you can see how easy it might be to get the money back. Book yours now!

FAQ Section

What is FCTrading?

FCTrading is allegedly a UK-based broker offering automated software for FX and Cryptocurrency trading.

Is FCTrading legit?

No. The company doesn’t have any regulations and they are quite mysterious about legal documents, address, contact and trading information.

What Is FCTrading’s Domain Age?

FCTrading website fcmarketpro.net is active since 2021. If you had any issues with them, feel free to contact our specialized team for further advice.

Capital Markets Strategy Ltd is a typical clone firm. The brokerage misused details of another trading firm, a legitimate one. It extorted funds and disappeared once the regulator received too many complaints and issued a warning.

Read our honest Capital Markets Strategy Ltd review for all the details about the scheme. Fraudsters tend to appear under a new domain, so it’s of utmost importance to be able to recognize them.

On top of that, we seriously recommend you not to invest in the fake brokers BUX Forex, GFE Markets, and RevolutExpert. Do not trade with these unlicensed brokers if you want to save your money!

What Do We Know About Capital Markets Strategy Ltd?

Capital Markets Strategy Ltd says to be owned by the same-named company, based in the UK. We discovered this firm, which operates under the FCA umbrella, but is not associated with cmsltd.com. 

As this is the case, we’ve checked databases of other major license providers, such as ASIC, BaFin, and CONSOB. Instead of approval, we found a warning about the scam.

Simply put, CMS Ltd is an anonymous financial swindler that stole clients’ funds and vanished.

Why Is Trading With a Licensed Broker Preferable?

Licensed brokers, especially those under Tier1 regulation, must follow strict rules and good business practices. For instance, FCA requires Forex brokers to have minimal operational capital of 750,000 GBP, to participate in the compensation scheme with up to 85,000 GBP per trader, and limit leverage to 1:30.

Scammers, on the other hand, don’t follow any rules. They don’t keep clients’ money in segregated accounts, meaning that customers’ funds are compromised if the broker goes bankrupt.

So Is Capital Markets Strategy Ltd a Decent Broker or a Scam?

Capital Markets Strategy Ltd is not a legitimate broker. This trading firm is a clone of an FCA-regulated brokerage and deceives its clients. The website has been shut down after numerous complaints.

Capital Markets Strategy Ltd Warning From the British FCA

Since the brokerage operates under the name of an FCA-licensed firm, this regulatory body has decided to clarify things. Namely, CMS Ltd is not related to a legitimate company and has no authorization to provide financial services.

Furthermore, victims are not entitled to assistance from the Financial Ombudsman or compensation fund. Thus, they need to report fraud and find alternative recovery solutions.

The Italian regulator, CONSOB, later issued a similar warning.

What Do Traders Think Of Capital Markets Strategy Ltd?

Capital Markets Strategy Ltd is not an investor’s favorite choice as any fraudster. According to Trustpilot and other reputable websites, this brokerage has many negative reviews, mainly regarding withdrawal issues. 

Employees will be more than happy to assist when you’re depositing funds. Yet, once you want to withdraw the alleged profit, your request will be pending or denied.

Since the website has been shut down, clients cannot even submit a request or access their trading accounts.

What Platform Does Capital Markets Strategy Ltd Provide?

Capital Markets Strategy Ltd provides a basic WebTrader. It has no advanced functions but is rather made for simple trading. You can apply several technical indicators and place pending orders, but that’s about it.

Social trading and EAs are not enabled. Further, since the platform is web-based, it’s far from reliable as it can crash at any time, or the broker can change your trades and make it look as if you won or lost significant amounts.

If you’re looking for safety, find a reputable brokerage with MT4 or MT5 on offer.

Capital Markets Strategy Ltd – Countries Of Service

The brokerage mainly advertises its services in the following countries:

• Italy
• UK
• Switzerland
• Malta

Note that as an unregulated scammer, it provides its services without proper legal compliance.

Also remember the names of the Martyn Services, Green Capitalz and FinexStock trading scams and avoid them at all costs! Moreover, always check the background of online trading companies before investing!

Capital Markets Strategy Ltd Range of Trading Markets

If you’re still keen on investing with this brokerage, you can get access to five major markets:

• Forex – EUR/USD, GBP/AUD, CAD/EUR
• Commodities – gold, silver, copper
• Indices – NASDAQ, DAX30, CAC40
• Shares – Amazon, Nvidia, Apple
• Cryptocurrencies – MATIC, SOL, ADA.

What Is Known About Capital Markets Strategy Ltd’s Trading Conditions?

Since the website has been shut down, trading terms don’t matter much. What matters is that scams can easily be recognized through leverage and spread. 

If your broker offers too high leverage (in this case, 1:200), or too low (raw) spreads, you should stay away. The FCA, ASIC, and most EU regulators have a leverage limit of 1:30. Offering anything above puts your funds at risk. 

If, however, there’s no spread, the brokerage cannot earn legitimate commissions and is clearly after your entire deposit.

Capital Markets Strategy Ltd Minimum Deposit and Withdrawal Terms

While Capital Markets Strategy Ltd offered a relatively low initial deposit of $50, it’s just a lure. You will think you have nothing to lose if you just test the system. The truth is, once these people get ahold of your personal details and possibly credit card information, they will not leave you alone.

You’ll be pressured to deposit more, while you won’t be able to withdraw a dime. For instance, this firm has a bonus clause preventing you from submitting a withdrawal request before reaching a minimum rollover of 25 times the deposit plus the bonus amount.

Methods of Making a Deposit

The only available deposit method is a credit card. This is good news, as you’re entitled to a chargeback within 540 days. Since the procedure has a time limit, it’s important to react quickly. Report fraud and file a dispute with your bank.

Scammed by Capital Markets Strategy Ltd Broker? – Let Us Hear Your Story

Let us know if you find yourself a victim of an online financial scam. Your story can help us and others file a successful dispute and resolve the matter.

Your voice can be the one to change the course of action. Don’t be ashamed. Book your free consultation now, and let’s act!

But What Is A Chargeback?

This is a legal way for your bank to recover funds from the merchant. The bank can get your money back if you prove that the transaction was fraudulent. Don’t wait; let’s start the process now!

What Is Capital Markets Strategy Ltd?

Capital Markets Strategy Ltd is an online trading brokerage with no license.

Is Capital Markets Strategy Ltd a Scam Broker?

Yes, Capital Markets Strategy Ltd is a scam broker banned in Italy and the UK.

Is Capital Markets Strategy Ltd Available in the United States or the UK?

The brokerage provides its services in the UK as a clone firm but doesn’t operate in the US.

Does Capital Markets Strategy Ltd Offer a Demo Account?

No, this trading firm doesn’t offer its customers a risk-free Demo account.

If you thought you’d be making money on this dubious online trading portal, you should probably read this Cred Capital review first. Our investigation shows disturbing findings pertaining to how this company operates.

Besides the fact that the firm owns no legit Forex trading license, they’re also a non-existent firm at this point. Take proper care of your financial endeavors and assets and don’t fall for the cheap trickery. 

Firm Doesn’t Exist

The Cred Capital Forex fraud attempts to deceive customers by presenting information about a dissolved company once registered with the UK Companies House. This firm, which ceased to exist in January 2023, operates to this day and still tries to convince its targets to invest.

Although the company itself was registered in the UK, they were never licensed by the jurisdictional regulatory authority – FCA. What’s more, they never owned any certificate at all, let alone one from a Tier 1 entity like CySEC, BaFin, CNMV, or NFA. Our warm recommendation is to avoid this site altogether, just as you would any other fraud, like Otc-500, for example.

Propaganda Aimed at Many

September 2023 was when the site was initially launched, yet there are no Cred Capital reviews to be found online. Swindlers primarily target traders residing in these countries:

• United States
• Mexico
• Ukraine

It is evident from the company’s Facebook page that they tried to convince thousands of people to invest in their shady service that promises high gains. Fast cars, luxury apartments and exotic travels are just some of the benefits that this scheme would allegedly provide.

Promoting quick riches is known to motivate Forex newbies to invest more, even without any proof that such profit is possible. Naturally, anyone who ever invests in unrealistic promises ends up being robbed. Do not let that happen to you and contact our chargeback professionals for help with stolen funds recovery.

They Want You to Lose

Trading conditions are one of the most accurate signs of a firm being a fraud. Due to regulatory restrictions, online trading businesses can’t offer leverage higher than 1:30 and 1:50 to US and EEA traders. 

These charlatans actually provide a ratio of up to 1:400. Furthermore, to make their offer even more attractive, they promote tight spreads of just 0.1 pips. This is equally fake as the guaranteed profit they promise. 

No other costs and commissions are revealed, either by the website or legal papers, so we recommend you to watch out for hidden fees, especially pertaining to Cred Capital withdrawal.

Trading Tools Aren’t Even There

Everything seems fine and dandy on this site, as it urges you to register a Cred Capital login. However, that is not possible without a Promo code. 

That effectively prevented us from joining the platform and exploring what it has to offer. No loss there apparently, as the firm never had much to be proud of anyway, just like other fraudsters and con artists – Swapsimple included.

Platform is Hidden

Access to the Cred Capital app is blocked for those that do not have a live trading account. There are several links on the site that should enable a download for desktop and mobile software as well as the link to the web terminal. Alas, all these do is refresh the homepage as if the platform doesn’t even exist.

It wouldn’t be a surprise to see no software solution at all. Scammers are all talk until you deposit. After they’ve taken your money, the rest doesn’t matter.

Alleged Asset Groups

The Cred Capital scam promises a lot. One of the elements of their trickery is the number of supposed instruments for buying and selling. 

Since there was no way to confirm the availability of these products, we’d advise you not to believe that all of these are provided:

• Crypto – BTC, BCH, BNB
• Commodities – Coffee, Cotton, Sugar
• Forex – EUR/USD, USD/GBP, EUR/CHF
• Shares – Amazon, Apple, Nvidia
• Indices – HK50, AUD200, JPY225
• Metals – Silver, Gold

Featureless Packages

There is absolutely no reason at all to attempt to buy a Cred Capital account. All of the packages mentioned don’t reveal their minimum deposit requirements and basically only differ in the spreads they allegedly offer. Here are how they are named since that’s all you can see on the site:

• Micro
• Mini
• Classic
• Premium
• ECN

Do Payout Channels Work?

It’s optimistic to think that all the advertised funding methods are actually accepted. The site will have you believe to be able to transfer money via crypto and E-wallets, but we doubt all of that to be available. Since we had no access to the client dashboard, we could not determine how the payments work.

Legal documentation is scarce and provides no insight into monetary transactions, processing time and fees. Therefore, it would be better to avoid giving this sham a single penny.

Support via Email

The help desk allegedly operates 24/7 and is there to assist every client in need. That would be quite impressive if the only way to contact the company wasn’t an inactive email address. There’s no other channel to attempt to establish communication with the firm.

Funds Stolen! How to Recover Them?

Despite how devastating it seems at first, please understand that financial deception and defrauding happen daily and that you are not alone. If you seek help with fund recovery, we encourage you to reach out to our chargeback experts.

With the knowledge and experience we have, you will be able to issue a chargeback and take back your investment in no time. Contact our chat agents for further instructions on how to book a free consultation.

FAQ Section

What is Cred Capital?

Cred Capital is a suspicious website run by a dissolved company that sells brokerage services.

Is Cred Capital Legit?

This firm doesn’t own a Forex certificate from FCA, despite their claims about being legitimately operating in the UK.

Where is Cred Capital Based?

There’s claims about the firm being headquartered in the UK, but we suspect offshore activity. IF you’re having issues with this entity, contact our chargeback advisors.

We got a live one here! CCC Trade is on a mission to scam as many unsuspecting traders as possible. We will prove this in our CCC Trade Review and also provide evidence for our claims.

Keep in mind that CCC Trade is not a legit UK-based trading platform and does not possess a trading license. If you trade on this anonymous platform, you are in for a disaster. Keep reading to learn why. 

Legal Info: Is CCC Trade Legit or a Scam?

CCC Trade cannot possibly be a legit trading platform. First of all, this website is virtually anonymous, i.e. there is no legal documentation on the website whatsoever. No Terms of Use, Privacy Policy, Refund Policy, etc.

Moreover, the website did not disclose the name of the company that runs this business or the license under which CCC Trade operates. All we found was a physical address in London, which is actually fake. 

Since this bogus website claims that CCC Trade is based in the UK, we checked the register of the local Financial Conduct Authority (FCA) to see whether this business is regulated. Unsurprisingly, the FCA has no information about this broker, meaning that we have got a scammer on our hands.

Why We Recommend You Trade With a Regulated Broker

Trading with CCC Trade will undoubtedly put your funds at risk. So, instead of constantly being on guard, we suggest you find a reliable provider regulated by a top financial watchdog like the FCA (UK), CFTC (US), ASIC (Australia), IIROC (Canada), etc.

That way, you will be entitled to numerous benefits and perks depending on the jurisdiction, For example, you can receive negative balance protection, segregated funds, and a safe leverage cap (1:30 in Europe & Australia or 1:50 in North America).

Some jurisdictions and regulators even offer a compensation scheme. The aforementioned FCA may pay clients up to 85,000 GBP in case they were damaged or the broker files for bankruptcy. Avoid unregulated scammers such as CCC Trade and MyBlockX.  

CCC Trade Platform’s Reach

According to godaddy.com/whois, the CCC Trade website domain was created on February 15, 2023. Since then, the scammer has mainly been targeting traders from the following countries:

• Australia;
• United States;
• Philippines;
• South Africa;
• Trinidad & Tobago.

It looks like this scammer is targeting traders from both heavily regulated and offshore domains. Jurisdictions such as the US and Australia have particularly tight regulations so there is no room there for untrustworthy scammers such as CCC Trade and BitMart.

If you fell into the trap of this unscrupulous platform, you can contact our team for help and recover your funds. 

What Is the Trading Room?

On the CCC Trade website, there is a link that leads to the Trading Room. This page is actually a preview of the broker’s web-based platform. Although you can access it, you cannot trade on it.

Therefore, it is just a preview, and should not be mistaken for a demo account. The CCC Trade platform looks rudimental and oversimplified. There are some basic graphs and indicators and that’s about it.

CCC Trade does not support advanced and valid third-party trading software such as MT4, MT5, cTrader, or SiriX. What is even worse than the ineffective platform that CCC Trade offers is the fact that the broker is not regulated, meaning the platform could be rigged.

Available Trading Assets

On the platform, we saw an overview of the available trading instruments:

• Forex currency pairs – EUR/USD, CAD/JPY, AUD/CHF…
• Indices – S&P 500, NIKKEI 225…
• Commodities – gold, crude oil, corn…
• Stocks – Tesla, Google, Apple…
• Crypto – BTC, ETH, USDT…

Account Types

Let’s make an overview of the available CCC Trade Programs, i.e. account types:

• Standard – 250 $;
• Silver – 2,500 $;
• Gold – 10,000 $;
• VIP – 50,000 $.

The maximum leverage ranges from 1:200 to 1:500, which is considerably higher than the legal cap the FCA imposed for UK-based brokers (1:30), further proving that this platform is fraudulent. Extremely high leverage is risky and can easily result in losses.

As for the spreads, CCC Trade offers from 1.5 pips for the Standard account type, which is pretty much the industry’s average but the commissions were not disclosed if there even are any. CCC Trade also awards bonuses (30%-100% of the deposit).

This is yet another sign that the broker is not legit. Bonuses are banned in the UK because scammers often award them with strings attached. We know nothing about CCC Trade’s bonus policy since there is no legal documentation but we bet it is not favorable for traders.

Withdrawal of Funds

There are four available funding options, according to the website:

• Credit/debit cards;
• Wire transfers;
• E-wallets;
• Bitcoin.

The minimum deposit is 250 $ and there are no deposit and withdrawal fees, allegedly. Since CCC Trade is an anonymous platform, we believe that withdrawal issues cannot be avoided with this broker.

There are plenty of legit and licensed brokers that will charge you far less money to open a live trading account and not have to worry about getting ripped off. Having issues with withdrawing your funds from CCC Trade? If so, we can help you recover your money.

Customer Support

A trader can contact CCC Trade via the broker’s contact page by filling out the given form or calling the broker on the phone. It seems that CCC Trade does not have any specific communication channels such as WhatsApp or Telegram but then again, we could be wrong.

Anyways, communicating with this broker is not something you would want to do. Beware of the scammer’s slick tongue and persuasive approach. 

Is CCC Trade an Outright Scammer?

Yes, CCC Trade is a scam. Since February 2023, this anonymous platform has been targeting traders from the US, the Philippines, Australia, South Africa, and Trinidad & Tobago. This platform is not regulated so please stay away from it.

If you are a victim of the CCC Trade scam, feel free to contact us and book a free consultation with our team. We will gladly help you recover your hard-earned funds whether it be via a chargeback or advanced crypto-tracing software such as CipherTrace.

Book your free consultation here and learn how you can get your money back. 

FAQ Section

How Does CCC Trade Work?

CCC Trade is an anonymous scam platform posing as a legit UK-based broker, which is just one of the financial swindler’s lies.

Can Traders Run a Demo Account at CCC Trade?

CCC Trade promises traders a risk-free demo account. Nevertheless, investing real money into this platform is risky!

Is the CCC Trade a Safe Platform for Trading?

Absolutely not. This platform is not regulated, meaning that you would be at risk of getting ripped off!

What Can I Do If I Was Scammed by CCC Trade?

You can request a chargeback. If you are unsure how it works, please book your free consultation with us and we will explain everything.