Being popularized as a next-generation online trading portal that implements innovative solutions in the finance world, Ande Finance broker sure has a convincing campaign. However, good marketing is far from everything a proper brokerage firm should employ. 

The lack of corporate information and precise trading conditions are negative details that make this firm stand out. Why is that so, read our Ande Finance review and find out.

Missing Legal Data

Getting familiar with what your broker of choice has to offer starts with learning about their corporate details. This conduct is, unfortunately, completely secretive about their business background and fully anonymous. Not a single trace of them exists in popular databases, such as those kept by FCA, CySEC, BaFin and ASIC.

Furthermore, the scheme is so protective of the details about their line of work it’s as if they do not exist anywhere else except online and in the form of the site in question. Since we could find anything about their regulation, it’s pretty certain they own none. 

For traders, that means no adequate fund safety, absence of segregated bank accounts and no AML measures implemented. Moreover, in case the firm fails, you won’t be able to rely on compensation schemes to make up for your investment loss. 

What is likely the case is that the firm is an offshore sham, aiming to get your money, just like GFE Markets. So beware, and please choose a Forex dealer you can actually trust.

Efficient At Hiding Their Tracks

To call this scheme clandestine would be an understatement. The fraudsters are so thorough in hiding their tracks that the WhoIs data is simply unavailable. There are virtually no Ande Finance reviews to speak of either.

Using advanced website analysis tools created difficulties of its own, since the andefinance.pro traffic is so low. Still, we’ve managed to learn that the site is frequented by citizens of the following countries:

• United Kingdom
• United States
• Romania

All this is indicative of a so-called boiler room operation, a con scheme similar to How2Crypto. The employees of these organizations keep pestering people to invest, usually by phone or online chat services.

You wouldn’t believe how far these cybercriminals are ready to go just to get some of that illicit money. If you were unfortunate enough to deposit funds to this scheme, contact our experts for help with recovery.

Fees and Expenses Kept Secret

Rule of thumb is, if your securities dealer is keeping costs away from you, be sure they’re hiding fraudulent intentions. 

Transparent brokers are obligated by their supervisors and business ethics to be honest about the costs of their services. This firm doesn’t follow the pattern, which means they’re not genuine and do not mean to do well.

Except for the leverage that ranges between 1:10 and 1:100, other trading terms are also hidden. Spreads are just described as “tight”. Also, legal papers claim no fees are charged for withdrawal of funds. We highly suspect that.

Stipulations on Bonuses

The account types page doesn’t explicitly mark the bonuses as an available option. Customers rather have to refer to legal documentation for clarification. 

These cash rewards are treated as “non-deposited funds”. Bonuses can only be withdrawn if the client executes a minimum trading volume that is 25 times the deposit amount and bonus issued.

Are These Features Worth the Money?

There’s no doubt that industry leading online trading portals have a lot more to offer. If you compare these scarce and overly expensive features, you’ll easily make sure of that. Nonetheless, let’s discuss the specifics of the offer.

Unusable Trading Platform

To make themselves appear as a premium Forex provider, these miscreants cleverly misuse the famous MT5. You see, the client area presents links for downloading this prestigious software to your desktop machine and also offers a web version of it.

Unfortunately, it’s just a demo of the software and you will not get valid credentials to log into the live trading server. Ande Finance Forex trading is a question at this point, considering no order placing is possible.

Poor Portfolio

Without clarifying which trading instruments are exactly available, the site quotes these few groups of tradable assets:

• Forex – EUR/USD, USD/GBP, EUR/CHF
• Indices – DAX, DOW, IBEX
• Commodities – Gold, Silver, Oil
• Stocks – Tesla, BMW, Samsung

What do the Packages Include?

The Ande Finance account types do not feature anything special or particularly worth buying. More expensive bundles have higher leverage unlocked and a market overview option. 

However, that is all that differs them from other accounts. Here’s the list of available types and the deposit expectations:

• MINI – $250
• STANDART – $500
• CLASSIC – $1.000
• VIP – $5.000
• PRO – $10.000

Transfers Breach AML

It is well known to all strictly supervised online trading brands that account funding and withdrawal of funds has to be allowed through the same transaction channel. 

In this case, however, Ande Finance deposits could be made in crypto currencies, while withdrawals are allegedly processed through credit cards and bank wire. 

Such conditions are in obvious collision with the anti money laundering standards, something this unnamed swindler doesn’t care to respect. Furthermore, while one part of the legal texts says no Ande Finance withdrawal fees are applied, another section says these commissions are directly derived from your total account balance!

Support and Help Center

An alleged team of experienced experts is at your disposal 24/5, always ready to help and advise you. Or so says the obscure web presentation. The only way to contact the client support center is via email. That doesn’t seem reassuring, nor does it give an impression of a well-developed and organized service.

Swindlers Got Your Money? Take It Back!

Investing with the Ande Finance scam is ill-advised, as it presents a major danger not only to your invested money, but your personal information. These confidence tricksters are known to abuse the KYC data to completely clean out the victims’ bank accounts.

Don’t wait for the recovery opportunity to pass you by. With the help of our experts, you can still get the money back! Using the live chat, you can reach us around the clock and book your free first consultation.

FAQ Section

What is Ande Finance?

It is a dangerous boiler room that works under the pretense of a forex broker.

Is Ande Finance Legit?

No, this firm is completely illegal. Do not trust your funds with this illicit broker!

What is a Chargeback?

It is a method of recovering money lost on various bank card scams. Reach out to our professionals for more information.

Without a respected license and strict regulatory oversight, the Apex360 broker is nothing but another offshore threat to the financial stability and integrity of many retail Forex investors. 

The exceptionally slow and glitchy web pages open only once in a while, company data is faked and user feedback falsified that even review sites warn about its untruthfulness. Be extremely cautious and make sure you read this Apex360 review if you value the safety of your investment capital.

Another Offshore Sham

The company headquarters are located in a small offshore zone of St. Lucia, where the financial regulator, FSRA, doesn’t license Forex market participants. Besides that, the firm doesn’t own a legit certificate by any other authority, including FCA, BaFin, CySEC and ASIC. 

Engaging in risky trading on defective websites can only lead to loss. After all, no compensation scheme can help you recover lost assets and you’re quickly led to disdain due to the missing negative balance insurance. As you will shortly see, trading conditions can also efficiently expose a scammer, so read on.

Workings of a Fraudulent Scheme

While the apex360.io has only been launched in June 2023, it’s already encountering serious issues and breakdowns. The areas in which these fraudsters are most active are these:

• Australia
• Netherlands
• United States

As a so-called boiler room, this fraudulent forex service relies on contacting the potential victims directly. This is done by boiler room agents, who mostly work by phone and various chat services.

Once the money is in the clutches of these cybercriminals, it’s nearly impossible to get it back without prompt legal action. Should you require help in this regard, contact our recovery professionals.

Fake Reviews Cake On The Lies

It’s inevitable for a prominent firm to accrue a poor trust score over time, just take a look at Apple for instance. The Apex360 reviews, which give the company an impeccable trust score, certainly raise some eyebrows.

Indeed, SiteJabber is already investigating this firm specifically for the reason of faked review scores. If you take a look at TrustPilot, Reviews.io and TrustedReviews pages, you’ll see the exact same strategy unfold. This strategy is often employed by other con artists like Trader Trust EU for instance.

Illegal Leverage Amounts

As it usually is with unsupervised Forex market participants, their leverage ratio is uncapped. Just like YourGlobalDeal, this portal allows you to trade under the ratio of up 1:400, with the 1:100 being the starting, default value. 

Spreads aren’t even defined, so you’ll only see weasel words like “premium” and “golden” spreads/costs. Also, a whole lot of fees are mentioned but not revealed: handling fees, withdrawal tax, processing commission, additional expenses and so on. We could only find that inactivity is charged with 10% monthly. 

First Time Deposit Bonus

To no one’s surprise the 20-30% deposit bonus is used to lure in investors that aren’t familiar with the problem of trading volume requirements. 

You see, in order to be able to withdraw anything from a credited trading account, you have to reach a certain turnover. The Apex360 scam demands a turnover of 30 times the deposit amount plus the bonus issued.

The same conditions apply for the Ponzi trap called referral bonus, which is, in this case 30%.

Is Anything of Use on the Site?

Each and every element of the total offer is a complete and utter failure. Starting from over expensive feature bundles to the rudimentary software, nothing is worth paying for. Think twice if you wish to rely on such a pathetic offer of tools!

Familiar Web Software

The entirety of the Apex360 trading platform is a dysfunctional web trader, stripped of all useful features. 

The fact that you cannot rely on advanced analytical tools and options suggest heavy data tampering, something synonymous with scammers. It is altogether better to just go with a regulated broker that offers industry standard apps like MT4 and MT5. 

Assets Shown on Platform

Since the website doesn’t clearly present the details about concrete trading products, we had to rely on the information found inside the web terminal:

• Commodity CFDs (Cocoa, Aluminum, Coffee)
• Share CFDs (Caterpillar, Coca Cola, Delta Air Lines)
• Indices CFDs (Nasdaq, Dow Jones, Nikkei)
• Crypto CFDs (BTC, ETH, BNB)
• Forex (EUR/USD, USD/GBP, USD/JPY)

Minimum Investment Ripoff

Majority of the Apex360 accounts are a total ripoff for anyone but the extremely wealthy. Just take a look at these starting deposits:

• Welcome – €250
• Bronze – €10,000
• Silver – €50,000
• Gold – €100,000
• Platinum – €250,000
• VIP – €500,000

To justify these insane prices, the con artists are claiming various benefits. These are based on the tier system, and include some fee discounts and other minor perks.

Demo Deception

Anyone who registers an Apex360 login, gets access to a demo account. Now, don’t mistake this for any kind of transparency on behalf of the criminals. These demos get loaded with misleading market data, which will lull you into a sense of great financial opportunity in order to encourage a greater deposit.

Unmatching Funding Channels

While the website lists one group of accepted payment methods, something completely different is found in the client zone. Therefore, the concrete transfer channels remain undeterminable before full user verification (KYC). 

Legal documents say that typical processing time during payouts is around 5 business days, but who could trust that information coming from a corrupted Forex dealer?!

Unreachable Support

The Apex360 Forex broker claims to pride itself in the quality of their customer support. While the site features a few phone numbers, an email and a live chat, there’s nobody actually working in the support department at all.

With no human interaction available, the clients end up relying on the same boiler room agent that stole their money in the first place.

Want to Recover Lost Funds? Contact Us!

Forex market is risky and hard to muster as it is. You don’t need to be faced with additional dangers and have your capital compromised by financial swindlers. That’s why it’s of crucial importance to stay informed and make profitable choices.

In addition, if the scam does happen, our recovery agents and legal professionals can help you safely restore stolen cash. Contact us for more details.

FAQ Section

What is Apex360?

It is a fraudulent circle that pretends to be an online forex brokerage in order to influence their victims.

Is Apex360 a Legit Broker?

It’s difficult to even call this entity an actual company, since it’s registered offshore and doesn’t have any necessary license.

Can I Get My Money Back From a Trading Scammer?

Book a free first consultation with our experts to find out how you can recover your money stolen by the scammers.

Sfcap broker might look legit at first sight. But there are many facts that are pointing out otherwise. For that reason, we will dig together through this Sfcap Review and find out all the details about this broker.

Don’t skip anything because you will see how one word can change the whole look of the broker. A similar scenario you can find in our latest StockCore Review.

Legal info: Is Sfcap Legit?

Sfcap company transparently presents a trading license on its website. Those details point out to Soft Trading Limited, a company registered in the UK with a valid FCA license. Thus, the license is valid for F&B business.

After all, the Terms and Conditions of Sfcap company don’t mention that trading name anywhere. Instead, the company is called Soft Capital. Yet, this company is not present in any other Tier 1 register like ASIC, BaFin or CFTC.

Who are Sfcap Victims?

Important to realize is that Sfcap.co domain exists only for a few months according to WHOIS. Thus, the license presented by the FCA is valid since 2021. Nevertheless, this broker managed to spread its tentacles and their scammed victims mostly come from:

• United States
• Canada
• India
• Saudi Arabia

With this in mind, nobody’s safe. To keep other traders from falling for this scam, let us know about your journey with this broker.

Traders Reviews

Another key fact is Sfcap reviews. There are only 8 of those with all the dates from 2023. Even though most of those look positive, there’s one disturbing. It seems like the company puts pressure on traders to even take loans to deposit more money.

If this is your case as well, don’t hesitate to contact our team. Whether you need a chargeback or CIpherTrace for crypto tracking, we are available.

Leverage, Commissions, Spreads, Fees and Taxes

All the trading costs with scam brokers are fictive. Their ultimate goal is to take everything from you. Nevertheless, their leverage of up to 1:100 doesn’t match regulatory requirements.

As for the spreads, starting range is between 0.5 and 1.1 pips for accounts without a commission. Thus, if you want a spread starting from 0 pips, you will pay a $25 commission per micro lot. Thus none of the other fees are revealed.

         Bonuses

Generally speaking, European regulators have banned it because of malicious policies. With Sfcap broker you can get up to 20% welcome bonus. Thus, there’s also a malicious clause in their T&Cs preventing you to take a withdrawal. Unless you make the minimum trading volume of 30 times the bonus amount + deposit.

Sfcap Trading Features

All the trading features of this broker are based on their web trader. Web trader is a self-explanatory, web-based platform. Thus, you can’t have a dedicated app. Even though this broker promotes it. But that’s not the first thing they lie about.

         Is Sfcap legit?

No. The company is falsely presenting itself as legit. On top of that, they have shady trading software with shady trading conditions. Not to mention bonus offers that are banned in the UK. Another mysterious broker with shady services you can find in our UltraBrokerz Review.

         Available Trading Assets

Non-surprisingly for many scam brokers, there are all 5 major trading categories available. Yet, that doesn’t make them saints. Anyway, you can choose from:

• Currency pairs          USD/GBP, EUR/SEK
• Commodities             gold, silver
• Indices                      FTSE100, ASX200
• Shares                      Google, Facebook                
• Cryptos                     BTC, ETH

         Account Types

With Sfcap broker, traders can choose between 3 account types. However, none of those present credible offers considering their lies about regulations. Those options are:

• Standard       $250
• Pro               $2.500
• Expert          $25.000

         Mobile Trading App

It’s funny that the company offers a mobile app for a web trader. Yet, those buttons don’t work and get you back to the home page. However, we checked PlayStore and AppStore and the Sfcap web trader was not found there.

         Demo Account

Sadly, Sfcap doesn’t offer a demo account. But that’s expected from a scam broker. They are definitely hiding its flaws and irregularities with the platform.

         Education

Above all, this broker doesn’t offer any kind of education. The only suitable help for traders is found through a few analytical tools. Such as technical indicators, market signals and calendars.

Sfcap Withdrawal

Considering the shady withdrawal policy, you can expect withdrawal issues with this broker. The withdrawal fee is $50 for wire transfers and for credit cards, it’s a $25 fee + $10 processing fee. Also, there’s a 10% fee for withdrawal requests before 200 turnovers on non-verified accounts.

Customer Support

Surprisingly, the company doesn’t offer any UK phone number. Instead, there’s a number from Poland, the Czech Republic and Slovakia. Other options to contact them are through e-mail and an online contact form. Thus, working hours are not revealed.

Key Information To Consider About Sfcap?

Primarily, the company misleads traders about regulations. On top of that, they don’t offer trusted trading software or demo account. After all, there’s a malicious withdrawal policy that will never go in the traders’ favor. On the contrary, it’s designed for you to leave everything in their pockets.

In cases where you were scammed, the best option is to talk to refund professionals. But also to the authorities to expose the scam. Anyway, our team can consult you on the next step. The only thing you have to do is leave us a message. The first consultation is free of charge and without any obligations. Get in touch now.

FAQ Section

What Is Sfcap?

Sfcap is allegedly a UK broker but the company offers trading services with many irregularities.

Why Shouldn't I Trust Sfcap?

Firstly, they are misleading about regulations. But also there is malicious withdrawal policy and trading software. If you had any issues, contact our team for advice.

Who Is The Owner Of Sfcap?

The owner of the company is not transparently present anywhere in their legal documents. Which should be another reason to avoid this broker.

At first glance, looking at the Octo Finance INC Ltd website, you might think this broker is reputable. Thus, just a bit of digging brings the new details to light. 

But if you don’t know how to recognize those or where to look, you might be in a problem. Therefore, don’t miss out on a single detail from this detailed OctoTrade review. 

Also, for some additional tips and warning signs, make sure to check our TPC Invest and VIG Investment reviews.

Legal info: Is OctoTrade Legit or a Scam?

According to the company’s website, this brokerage is regulated by Canadian FINTRAC and CIRO. Thus, the registration number provided for FINTRAC just reveals their registration details. However, the main regulatory bodies in Canada are IIROC and CIRO.

Yet, this firm is not regulated by any of those. After all, they don’t reveal legal documents anywhere, and it’s hard to prove any of the company’s legal details and license numbers. That practically doesn’t exist. 

To be fair, if the company had any other top-tier regulations like FCA, CFTC, or similar, it would be different. Yet, they don’t. On top of that, there’s a warning from AMF of Quebec and CSA.

Who are OctoTrade’s Victims?

Since 2022, when the company was registered in Canada, they had plenty of time to build credibility. But they could also build positive OctoTrade reviews. Sadly, that’s not the case. 

Therefore, we have to rely on analytics, and based on those, they mainly scam traders from: 

• Canada
• United States
• Germany
• United Kingdom
• France

In any case, wherever you are coming from, let us know about your experience with this broker. If straightforward, you want to start money recovery, contact us directly.

Leverage, Commissions, Spreads, Fees and Taxes

One of the details exposing the OctoTrade broker scam is the company’s leverage of 1:500. If they were operating as a regulated broker, they could offer a maximum of up to 1:50. 

Also, they reveal spreads from 0.05 pips, yet it’s hardly believable those are that low. Moreover,  they reveal commissions starting from 0.1% and all-in charges up to 1.4% annually. Still, not something that will be that low.

Bonuses

Another irregularity with the OctoTrade trading firm is the bonus of up to 100%. Generally, in the financial world, nothing is free. Therefore, you can expect these bonuses to come along with shady clauses. Unfortunately, without transparent documents, checking those details is hard unless you deposit money with them.

OctoTrade Trading Features

Besides OctoTrade Forex and crypto deals, one of the main features is robo advisory. This deal includes a fixed 0.75% fee on the amount invested. But if the company is misleading traders about regulation, what should make you think they won’t about these?

Trading Platforms Available

Considering all the fake statements from this broker, we are surprised they don’t present traders with some advanced software options, such as cTrader or Meta Trader. Fairly, it would be too much. 

Anyway, with the company’s web-based platform, there’s nothing much to expect. Not even some basic functionalities are available, not to mention advanced ones, such as EAs, social, or copy trading.

Available Trading Assets

Apparently, the OctoTrade scam broker offers more than 2000 assets. Thus, if the company will scam you anyway, is that offer relevant at all? Definitely not, but for the note, it consists of the following:

• Forex – USD/SEK, AUD/NZD
• Cryptos – BTC, LTC
• Indices – CAC40, FTSE100
• Shares – Amazon, MasterCard
• Commodities – gold, palladium

Account Types

Another key disadvantage of this broker is a lack of OctoTrade account types transparency. Not only that. They don’t even reveal the minimum deposit requirement. 

Obviously, the company’s goal is to mislead traders to leave contact details. Via phone, it’s way easier to make them deposit some money.

Mobile Trading App

Trading on the go is getting more and more popular. That’s why optimized iOS and Android apps play a key role for some traders. But with fraudulent brokers, such options are rarely available. It’s nothing different with OctoTrade broker.

Demo Account

Since this firm offers highly speculative conditions, a demo account would be an appropriate solution for testing. Especially because of the OctoTrade crypto offers. Still, they don’t think it’s important for traders to get familiar with the platform without risk involved.

Education

Usually, when you think of trading education, you think of live sessions, 1-on-1 programs, mentorships, VODs, and much more. Instead of these, OctoTrade provides customers only with PDF documents about basic trading features. That’s definitely not something that would make any trader successful.

OctoTrade Withdrawal

Important to realize is that OctoTrade brokerage is not revealing its withdrawal policy. Without it, it’s easy to extend withdrawal processing time without any reason. On top of that, there are other hidden withdrawal fees and bonus policies. All this combined is a perfect recipe for manipulation. Thus, if you follow our advice, you will learn how to avoid those tricks.

Customer Support

In general, the company provides quite transparent contact details. There’s a physical address in Canada, e-mail, and a phone line. Also, they claim to offer services 24/7 and have 5-star customer support. However, zero reviews confirm such statements.

Key Information To Consider About OctoTrade

The main thing you have to remember about this brokerage is the multiple warnings they’ve got. Those are clear signs you shouldn’t invest with this firm. Not to mention misleading traders about regulations.

In addition to all this, the company is freshly registered and has no reviews. Therefore, you might be the first one to let other traders know about the company’s shady services. We also strongly recommend you talk to our refund specialists if you need to recover your lost funds. Don’t worry, even if it’s crypto, because our team has access to CipherTrace. Get in touch and find out all you need to know.

FAQ Section

What is OctoTrade?

OctoTrade is an investment firm registered in Canada in 2022 that has been offering FX and CFD trading services without regulations.

Is OctoTrade Legit?

No. The company is misleading customers about regulatory status but also there are warnings from CSA and AMF Quebec.

What is a Chargeback?

Chargeback is a reversal of a credit card transaction by the card issuer due to a dispute or fraud. In case you want to get started with it, contact us.

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Supercoin Growth Review 2024 – Is Supercoin Growth legit or a scam?

The growth of fraudulent companies acting as trustworthy brokers is a significant issue in the constantly changing world of online trading and investment. Supercoin Growth has drawn attention recently due to alleged fraudulent activities, which is concerning and needs close investigation. Through our comprehensive Supercoin Growth review, we aim to present an unbiased evaluation with verifiable facts and data that came from reputable and trustworthy sources.

Supercoin Growth, purportedly operating via www.supercoingrowth.com, faces suspicions of fraudulent activity. The website remains accessible, luring potential investors. However, its provided address, Oberer Graben 19, 8402, raises skepticism. The Swiss Financial Market Supervisory Authority has issued warnings against engaging with Supercoin Growth, indicating potential risks. Caution is advised to those considering involvement with this entity, as regulatory authorities highlight concerns regarding its legitimacy. Investors should exercise prudence and conduct thorough research before engaging in any financial transactions with Supercoin Growth or related platforms.

Supercoin Growth Website – www.supercoingrowth.com

Website Availability – Yes

Address shown – Oberer Graben 19, 8402

Warned By – Swiss Financial Market Supervisory Authority (Switzerland)

Domain Age of Supercoin Growth

Domain Name: SUPERCOINGROWTH.COMRegistry Domain ID: 2778833563_DOMAIN_COM-VRSNRegistrar WHOIS Server: whois.rrpproxy.netRegistrar URL: http://www.key-systems.netUpdated Date: 2023-05-07T16:15:26ZCreation Date: 2023-05-07T16:10:28ZRegistry Expiry Date: 2024-05-07T16:10:28Z

Key factors indicating if Supercoin Growth is a scam or not

Unregulated Status

The lack of regulation and licensing is one of the main red flags mentioned in the Supercoin Growth Review that investors should be aware of. To ensure their compliance to industry norms and laws, legitimate brokers are required to get licenses from reputable financial regulatory bodies.

Withdrawal problems and poor customer service

Scam brokers sometimes delay or reject withdrawal requests as a means of keeping their victims’ money and stopping them from leaving the website. Customers become irritated and begin to question the company’s integrity when payments are missing or take a long time to arrive.

Negative Supercoin Growth Reviews and Unfavorable Scam Reports

A scam broker may be identified by the number of negative reviews and scam reports from customers and business associates, as highlighted by Supercoin Growth Review. For prospective investors, the amount of unfavorable reviews and stories of fraud using Supercoingrowth.com raises suspicions. The company’s legitimacy is called into question by several claims of financial losses, unethical behavior, and fraudulent practices. Prospective clients should investigate brokerage firms and go through other people’s experiences with Supercoin Growth before trusting their investments to any of them.

Investors should take negative reviews and fraud complaints linked to Supercoin Growth seriously, as these occurrences could point to possible dangers and problems that might harm their financial interests. It’s essential to continue being informed and watchful to safeguard your financial interests.

Heightened Risks for Investors

Dealing with unregulated and unlicensed brokers significantly increases the risk of encountering fraudulent practices. The lack of clear regulatory oversight and licensing raises concerns about the broker’s credibility and the safety of clients’ assets. It is imperative to approach such brokers with caution, conducting thorough due diligence to protect your financial interests.

How to Guard Your Investments Against Fraud

Although trading in financial markets such as cryptocurrency, binary options, and forex may be profitable, there are hazards involved such as the possibility of coming across dishonest brokers. A proactive and vigilant strategy is necessary to safeguard your investments against fraudulent businesses and frauds such as Supercoin Growth. When interacting with questionable brokers, take into account the following precautions:

• Before engaging a broker, do extensive research on the broker’s legitimacy. Investigate licenses, regulatory status, and track record.
• Check online Supercoin Growth reviews, forums, and social media platforms for feedback and experiences shared by other traders. This can provide valuable insights into the broker’s reputation and reliability. You can also check our list of scam brokers 2024.
• Only choose brokers that are properly regulated and licensed by recognized financial authorities.
• Ensure the broker has a physical address and contact details that can be verified.
• Read through their terms and conditions, privacy policy, and risk disclosures to understand their policies and procedures.
• Evaluate the broker’s customer support services before opening an account. Prompt and efficient customer support is essential for addressing queries, concerns, and issues.
• Be wary of brokers that make extravagant promises, such as guaranteed profits or high returns with minimal risk.
• Remember that trading involves inherent risks, and no broker can guarantee consistent profits.
• Review the broker’s withdrawal policies and procedures. Ensure they provide clear and straightforward processes for withdrawing funds.
• Don’t rush into decisions. Take the time to evaluate all aspects of a broker’s legitimacy and make an informed choice.

Traders can lessen their risk of falling victim to Supercoin Growth or other scams and preserve their financial assets by following the above-mentioned suggestions and keeping cautious. Keep in mind that extensive research and due investigation, such as reading a Supercoin Growth review, are critical to ensure a safe and dependable trading experience.

Victimized by the Supercoin Growth scam? Get your lost money back!

Get a Free Consultation

If you are the one who got scammed by Supercoin Growth or other fraud, the best solution recommended for getting your lost money back is Report Scam Community

We are one of the few legit recovery assistance organizations that are concerned with a victim’s recovery from losses. We are a committed team of Recovery specialists who have already helped hundreds of scam victims in recovering their lost money. Report Scam provides free consultation and anyone can register by filling out a very short complaint form.

Supercoin Growth Review: Supercoin Growth Scam Conclusion

As the Supercoin Growth Review indicates, there are solid indications that Supercoingrowth.com may be a scam, and these worries are tough to dismiss given the characteristics and facts that are often associated with fraudulent organizations. Traders and investors should exercise great caution when selecting a broker, making sure to choose a reputable, licensed, and regulated organization. Ensuring the legitimacy of a broker, seeking objective assessments, and conducting thorough research are all essential measures in preventing fraud and monetary losses.

Also, to prevent yourself from scams like – Forex scams, Binary scams, Romance/Dating scams, Cryptocurrency scams, or any other scams, you should pick a broker or company regulated by some major regulators like FCA, FINMA, SEC, FMA, ASIC, etc. Check the reviews of brokers and also read the policies and terms and conditions.

Read about Chargebacks

To read more about Scam Brokers and their Reviews, Visit Scam Brokers 2024 Page to avoid Cryptocurrency trading scams, Forex trading scams, or other online scams.

Note: The Supercoin Growth review written above is influenced by the other Supercoin Growth reviews already present on the web. We are not liable for any legal action from the Supercoingrowth.com company. In case of any query please mail us at info@reportscam.net.

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KesslerKoch Review 2024 – Is KesslerKoch legit or a scam?

The growth of fraudulent companies acting as trustworthy brokers is a significant issue in the constantly changing world of online trading and investment. KesslerKoch has drawn attention recently due to alleged fraudulent activities, which is concerning and needs close investigation. Through our comprehensive KesslerKoch review, we aim to present an unbiased evaluation with verifiable facts and data that came from reputable and trustworthy sources.

KesslerKoch, presenting itself as a Swiss broker, falls short of regulatory standards, casting doubt on its credibility in the forex industry. As an unregulated broker, it fails to meet the stringent oversight and compliance requirements essential for establishing trust. Our comprehensive due diligence process indicates that KesslerKoch lacks the necessary approval from the Swiss Financial Market Supervisory Authority (FINMA), raising concerns about its legitimacy. Investors are urged to exercise caution, as the absence of regulatory oversight poses potential risks. It is advisable to opt for brokers adhering to regulatory guidelines to ensure a secure and transparent trading environment.

KesslerKoch Website – www.kesslerkoch.com

Website Availability – Yes

Address shown – Forchstrasse 91, 8032 Zürich

Warned By – Swiss Financial Market Supervisory Authority (Switzerland)

Domain Age of KesslerKoch

Domain Name: KESSLERKOCH.COMRegistry Domain ID: 2833062909_DOMAIN_COM-VRSNRegistrar WHOIS Server: whois.hostinger.comRegistrar URL: http://www.hostinger.comUpdated Date: 2023-11-27T09:46:28ZCreation Date: 2023-11-27T09:43:52ZRegistry Expiry Date: 2024-11-27T09:43:52Z

Key factors indicating if KesslerKoch is a scam or not

Unregulated Status

The lack of regulation and licensing is one of the main red flags mentioned in the KesslerKoch Review that investors should be aware of. To ensure their compliance to industry norms and laws, legitimate brokers are required to get licenses from reputable financial regulatory bodies.

Withdrawal problems and poor customer service

Scam brokers sometimes delay or reject withdrawal requests as a means of keeping their victims’ money and stopping them from leaving the website. Customers become irritated and begin to question the company’s integrity when payments are missing or take a long time to arrive.

Negative KesslerKoch Reviews and unfavorable scam reports

A scam broker may be identified by the number of negative reviews and scam reports from customers and business associates, as highlighted by KesslerKoch Review. For prospective investors, the amount of unfavorable reviews and stories of fraud using Kesslerkoch.com raises suspicions. The company’s legitimacy is called into question by several claims of financial losses, unethical behavior, and fraudulent practices. Prospective clients should investigate brokerage firms and go through other people’s experiences with KesslerKoch before trusting their investments to any of them.

Investors should take negative reviews and fraud complaints linked to KesslerKoch seriously, as these occurrences could point to possible dangers and problems that might harm their financial interests. It’s essential to continue being informed and watchful to safeguard your financial interests.

Heightened Risks for Investors

Dealing with unregulated and unlicensed brokers significantly increases the risk of encountering fraudulent practices. The lack of clear regulatory oversight and licensing raises concerns about the broker’s credibility and the safety of clients’ assets. It is imperative to approach such brokers with caution, conducting thorough due diligence to protect your financial interests.

How to Guard Your Investments Against Fraud

Although trading in financial markets such as cryptocurrency, binary options, and forex may be profitable, there are hazards involved such as the possibility of coming across dishonest brokers. A proactive and vigilant strategy is necessary to safeguard your investments against fraudulent businesses and frauds such as KesslerKoch. When interacting with questionable brokers, take into account the following precautions:

• Before engaging a broker, do extensive research on the broker’s legitimacy. Investigate licenses, regulatory status, and track record.
• Check online KesslerKoch reviews, forums, and social media platforms for feedback and experiences shared by other traders. This can provide valuable insights into the broker’s reputation and reliability. You can also check our list of scam brokers 2024.
• Only choose brokers that are properly regulated and licensed by recognized financial authorities.
• Ensure the broker has a physical address and contact details that can be verified.
• Read through their terms and conditions, privacy policy, and risk disclosures to understand their policies and procedures.
• Evaluate the broker’s customer support services before opening an account. Prompt and efficient customer support is essential for addressing queries, concerns, and issues.
• Be wary of brokers that make extravagant promises, such as guaranteed profits or high returns with minimal risk.
• Remember that trading involves inherent risks, and no broker can guarantee consistent profits.
• Review the broker’s withdrawal policies and procedures. Ensure they provide clear and straightforward processes for withdrawing funds.
• Don’t rush into decisions. Take the time to evaluate all aspects of a broker’s legitimacy and make an informed choice.

Traders can lessen their risk of falling victim to KesslerKoch or other scams and preserve their financial assets by following the above-mentioned suggestions and keeping cautious. Keep in mind that extensive research and due investigation, such as reading a KesslerKoch review, are critical to ensure a safe and dependable trading experience.

Victimized by the KesslerKoch scam? Get your lost money back!

Get a Free Consultation

If you are the one who got scammed by KesslerKoch or other fraud, the best solution recommended for getting your lost money back is Report Scam Community

We are one of the few legit recovery assistance organizations that are concerned with a victim’s recovery from losses. We are a committed team of Recovery specialists who have already helped hundreds of scam victims in recovering their lost money. Report Scam provides free consultation and anyone can register by filling out a very short complaint form.

KesslerKoch Review: KesslerKoch Scam Conclusion

As the KesslerKoch Review indicates, there are solid indications that Kesslerkoch.com may be a scam, and these worries are tough to dismiss given the characteristics and facts that are often associated with fraudulent organizations. Traders and investors should exercise great caution when selecting a broker, making sure to choose a reputable, licensed, and regulated organization. Ensuring the legitimacy of a broker, seeking objective assessments, and conducting thorough research are all essential measures in preventing fraud and monetary losses.

Also, to prevent yourself from scams like – Forex scams, Binary scams, Romance/Dating scams, Cryptocurrency scams, or any other scams, you should pick a broker or company regulated by some major regulators like FCA, FINMA, SEC, FMA, ASIC, etc. Check the reviews of brokers and also read the policies and terms and conditions.

Read about Chargebacks

To read more about Scam Brokers and their Reviews, Visit Scam Brokers 2024 Page to avoid Cryptocurrency trading scams, Forex trading scams, or other online scams.

Note: The KesslerKoch review written above is influenced by the other KesslerKoch reviews already present on the web. We are not liable for any legal action from the Kesslerkoch.com company. In case of any query please mail us at info@reportscam.net.

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While having all the issues you can possibly expect from an offshore brokerage, QuantumMarket tries to present itself as legitimate. Adding a prominent address in London along with the one in Dominica, it tries to tell us, “We’re offshore, but legit.”

However, we didn’t buy this story and have decided to write a QuantumMarket review, including all the bad sides of trading with this firm.

What About QuantumMarket Regulation?

To begin with, QuantumMarket belongs to QuantumMarket Ltd from the Commonwealth of Dominica. If you trust their website, the company went offshore due to lower taxes, but they own an office in the UK. However, to provide any kind of financial services from the UK, you need an FCA license, which QuantumMarket doesn’t have.

Besides, Dominica has its own regulator, FSU, that has never heard of QuantumMarket Ltd and its brand. It all leads us to believe that you’re dealing with a fraudulent scheme.

In addition, we strongly advise you not to invest in Absolute Markets, Morgan FX Capital and Future 500 FX fraudulent brokers.

QuantumMarket Warnings From Financial Regulators

Based on numerous complaints, the German regulatory body BaFin issued an official warning against QuantumMarket, stating that they have been informed about the broker’s illegal activity in Germany. Furthermore, the regulator seized a broker to stop providing services in this country and opened an investigation.

QuantumMarket Web and Mobile Trading

We understood that company offers only a Web trader compatible with any device from the website. You can log in using your mobile or desktop, but everything goes via the web. It means there’s no mobile app that would make your trading process easier.

Besides, this Web trader has fewer charts and indicators than MT4 or MT5, so you cannot expect to analyze the market properly either.

Fund Withdrawal Issues With QuantumMarket

It seems that QuantumMarket is using clients’ banking details to purchase crypto through a platform called Coinicash. If you’ve ever seen this name on your bank statement, know that broker uses this illegal payment processor to convert your funds into crypto, so it’ll be harder for you to track it down.

Of course, since the broker itself is not trustworthy and follows no regulatory rules, it declines any attempt of withdrawals. If you’re one of the QuantumMarket scam victims, contact us for assistance in filing a dispute.

Areas Of QuantumMarket Trading Scam

Most victims come from Germany, the UK, Sweden, and Norway, according to reviews. Furthermore, the BaFin warning indicates that the company is also present in Germany. It looks like QuantumMarket is targeting European clients, so be aware that this is a fraud and don’t accept any offers coming from it.

Traders About QuantumMarket Scam

QuantumMarket reviews are mainly directed towards withdrawal issues. Yet, clients are experiencing problems with investing as well, since the Web trader seems to be of most times and there are not enough trading tools. Also, the company’s account managers seem to care only about their salaries, and instead of assisting clients in the investing process, they’re trying to extort money in any way possible.

Also remember the names of the Finexico, Glare Markets and BDSwiss trading scams and avoid them at all costs! Moreover, always check the background of online trading companies before investing!

How Does Online Trading Scam Work?

The online trading scam starts from brokers such as QuantumMarket approaching clients and convincing them they’re something that they are not. For example, if a broker gives you their address in the UK, you will think it’s their official location. Even the explanation about lower taxes offshore will make sense.

However, once you pay your money and try to withdraw it, you will understand that the real reason for hiding offshore is to be away from regulatory supervision and any kind of penalty for conducting fraud.

Scammed by QuantumMarket? – Tell Us Your Story

If you fall victim to the QuantumMarket scam, let us know. Our experts are here to assist you in filing a dispute and requesting a chargeback.

But What Is A Chargeback?

Simply speaking, a chargeback is a process where your bank refunds you by taking money back from the merchant. You need to provide sufficient evidence showing that you have been scammed to start the procedure.�

Meanwhile, to understand better what kind of evidence you need, contact us via online chat. Book a free consultation with our experts, who will evaluate your case and assist you with the matter.

What Is QuantumMarket?

QuantumMarket is a fraudulent online Forex and CFD trading provider.

Is QuantumMarket a Scam Broker?

Yes, broker has been blacklisted in Germany and marked as a scam firm.

Is QuantumMarket Regulated?

QuantumMarket is not regulated and provides financial services illegally.

If you want to protect yourself online and not get scammed, you better read our VerifyFX Review. Here you have all the answers regarding this fraud.

We’ve analyzed this website’s content – regulation, trading platform, leverage, account types, funding methods, etc. This review is based on facts, not speculations, so please give it a read.

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Is VerifyFX a Scam Broker?

VerifyFX is essentially an anonymous website. The company called VerifyFX exists only in the warnings issued by regulatory authorities. There’s no physical address that we could check.

In the legal documentation, this phony claims that the brokerage operates under Estonian laws, which is a lie. The majority of anonymous scammers use the exact same text.

Hence, VerifyFX is unregulated. You have no reason to trust scammers like VerifyFX or Royal Oak Investment. Instead, find a reliable provider that is regulated by reputable financial market authorities such as the FCA, BaFin, FINMA, CFTC, ASIC, MAS, IIROC, etc.

You will thus be entitled to numerous perks such as segregated funds, negative balance protection, compensation in case the broker goes insolvent, leverage restriction, etc.

Warning Issued by Financial Authorities 

We found a series of warnings issued against VerifyFX. A total of five European regulators have flagged this financial swindler as a scam. The regulators are the Spanish CNMV, Dutch AFM, Norwegian FI, Belgian FSMA, and Finnish FSA. 

All of these bodies implement the trading laws and regulations of the European Securities and Markets Authority (ESMA). Each broker received a MiFID passport under ESMA. VerifyFX claims to possess one but these warnings beg to differ.

The Opinions of Traders On VerifyFX

More proof that VerifyFX is a scammer! On PersonalReviews, we found a complaint against the broker. This unfortunate victim explains how she got scammed. Withdrawal issues were expected.

Yep, they got me this morning… I started getting a dozen phone calls from various locations across the country and my account log-in “no longer existed”… Lodging complaint and charge-back with my bank in the morning and also submitting formal complaint to Australian Securities Investment Commission… Pity their internet search and false reviews websites flood the search results.

– PersonalReviews user, April 1, 2023.

VerifyFX’s Platform

There is only one instance of mentioning a trading platform on VerifyFX’s website. It’s in the FAQ section, of course. Here the scammer promises the world-famous MetaTrader 4.

MT4 is an outstanding trading platform with cutting-edge features and tools. Traders can utilize automated trading, multiple timeframes, a user-friendly interface, etc.

However, we highly doubt that VerifyFX actually offers this platform. There’s no demo account so we couldn’t check. Even if there is an MT4 platform, we wouldn’t download it because VerifyFX is unregulated and blacklisted.

Which Financial Instruments Does The Platform Include?

In order to make this foul scheme seem legit, VerifyFX promises the following trading assets:

• Forex currency pairs;
• Indices;
• Commodities;
• Shares;
• Crypto.

VerifyFX’s Countries Of Service

Based on our research, VerifyFX was all over the place. This scammer tried to infiltrate several jurisdictions around the world. And managed to piss off several financial authorities. Here’s the list of countries where VerifyFX tried to find victims:

• Australia;
• Netherlands;
• UK;
• Portugal;
• Canada.

Account Options Offered by VerifyFX

Let’s make an overview of VerifyFX’s fraudulent account types:

• Green – 5,000 EUR;
• Premium – 15,000 EUR;
• Platinum – 50,000 EUR;
• Executive – 100,000 EUR;
• Presidential – 250,000 EUR.

Each type offers various perks, which are just bogus promises. As you can see, these minimum deposit requirements are insane. Imagine having to pay 5,000 EUR just to open a basic account tier.

No doubt these funds will get embezzled as soon as you deposit them. Please avoid investing in deceitful websites such as this one and EpsilonFx.

Leverage, Spreads and Fees

The maximum leverage that VerifyFX offers is 1:200. It’s a dead giveaway that this is not a legit onshore brokerage. The regulatory cap in Europe is 1:30 for retail clients.

Extremely high leverage is a double-edged sword but it often results in losses. As for the spreads, the levels are too wide to be profitable. For instance, the Basic account offers a spread of 2.5-3 pips, double the industry’s standard. 

Can a Trader Use a Demo Account?

No. VerifyFX even openly said it in the FAQ section. The unscrupulous broker stated that only live accounts were available. Yet another reason not to invest in this fake brokerage.

Legit providers always include a risk-free demo account you can open to see the trading platform and try out trading.

VerifyFX’s Affiliate Program

VerifyFX was cunning enough to include an affiliate program. However, the text of this page was definitely taken from somewhere else.

We say that because we’ve seen it countless times before. It’s undoubtedly a Ponzi scheme designed to draw as many clients as possible.

The fraudster promises rewards and commissions for every new member you bring in. Do not do it, you won’t be doing your friends any favors.

Terms of Service for VerifyFX 

This is the same case as with the affiliate program. The Terms and Conditions document is definitely not authentic. A dead giveaway is the Estonian jurisdiction part.

Also, the broker claims that all disputes are to be resolved before the courts of the United Kingdom. It’s a terrible and misleading lie. The whole legal documentation of this website is fake.

Withdrawing Profits From Your Broker Account

According to VerifyFX’s withdrawal policy, the available payment methods are the following:

• Credit/debit cards;
• Wire transfers.

When it comes to fees, for withdrawing “over 20% of profits or closing your account you will be required to pay Management fees/ Swap fees/ Liquidity provider fees, in order to complete the Withdrawal/Closure process.”

But here’s the issue – the text continues – “fees will be required to be paid up-front as the

segregation of the account does not give us the option to perform a deduction.” It’s illegal for a broker to demand up-front fees for performing withdrawals!

What Should I Do If I Got Scammed By VerifyFX?

If you have evidence that VerifyFX violated any terms and conditions, please let us know. You can also write a complaint on the forums to warn fellow traders.

We can assist you in getting your money back. Book a free consultation with our team and find out how the chargeback process works!

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

What Is VerifyFX?

VerifyFX is an anonymous cyber trading scam that promises legit trading of FX pairs and CFDs on assets.

Is VerifyFX a Regulated Broker?

No. VerifyFX has been blacklisted by five European regulatory authorities.

Does VerifyFX Have a Referral Program?

VerifyFX offers an affiliate program, which is actually a shady Ponzi scheme in disguise.

Does VerifyFX Offer a Demo Account?

No. VerifyFX does not offer a demo account, per the website’s FAQ section.

Royally shameless and absolutely ruthless in their unscrupulous methods, the RoyalDiam broker even goes as far as to come up with false authorities that have allegedly licensed them. 

Of course, it doesn’t take a rocket scientist to see through the illusion. That’s why we highly recommend you to read the following RoyalDiam review in its entirety before you get swindled out of your money. 

All the Fake Regulators Involved

This isn’t the first or the last illicit brokerage platform that lists these two alleged regulators as their supervisory entities:

• European Financial Comission (yes, the spelling mistake is original)
• Canadian Financial Industry Regulatory Authority (CADFIRA)

Fintelegram has already written about some of the fake regulatory entities, and these two are also examples of that. The thing is that illegal brokerage platforms connect with these charlatans to facilitate the process of luring in new victims and impersonating reputable, licensed firms.

Nothing else about this firm is known, save for a fake address in Monaco. Legal docs actually list Vanuatu courts to have the exclusive legal jurisdiction over the conduct. 

At this point, we’re certain the RoyalDiam regulation doesn’t exist, as we’ve already inquired with FCA, CySEC, BaFin, FINMA and others. Only a warning exists, published by the Central Bank of Russia (CBR).

Even more strictly regulated entities can be dangerous so we also warn our audience to be cautious when dealing with RoboMarkets.

Piggybacking on an Old Domain

The royaldiam.com domain has been out there for a while, dating all the way back to 2015. The company hasn’t been around for nearly as long, as the site was owned by a now dissolved diamond retail business until 2023.

Examining the web traffic, we’ve managed to pinpoint the target nations for the fraud:

• Italy
• Germany
• Austria
• Poland

Outside of a few Medium posts that advertise the firms’ alleged quality of service, the scheme doesn’t have any online presence. Getting new victims to invest with the company is done by boiler room agents.

The strategy is widely used in various fraudulent circles, PredCoin being another example. It involves contacting the mark directly, and following a predetermined script to lull them into a false sense of trust.

Manipulating Online Ratings

The ratings score of this company is incredible, with an average of 4.16 stars on SiteJabber, and 4.2 on TrustedReviews! This, of course, is not a natural outcome of high quality service, but the work of review seller networks. The company has paid for deceptive RoyalDiam reviews in an attempt to improve the rating.

That’s not all, as employees of this boiler room work very hard to maintain a positive reputation. So hard, in fact, that they’re flagging any negative feedback from actual clients as “harmful or sensitive content” on TrustPilot.

Offshore Leverage Ratio and Other Terms

Characteristic for anonymous, off the grid fraudulent companies, this online trading portal also offers leverage higher than anything allowed in properly supervised countries. The maximum ratio is set to 1:100, but we doubt that’s the highest offered. 

Absolutely no other costs, commissions and trading parameters are even remotely mentioned. From inside the platform we found the spreads on EUR/USD to be 2 pips, which is quite pricier than on world renowned platforms.

Ridiculously Bad Features

Calling the trading environment found on the RoyalDiam markets basic would be an insult to any streamlined trading apps out there. It’s basically just a placeholder, intended to keep the victims occupied while they squander their account balance.

Nevertheless, this wouldn’t be an impartial royaldiam.com review if we didn’t do a thorough analysis.

Barebone Trading Software

The main trading app is a Web Trader, and it’s pretty rudimentary even by Web Trader standards. There’s a simple charting tool, as well as some basic amenities like one-click trading. Stop loss is supported, however there is no Limit Order functionality.

The mentioned trading chart seems to be imported from a third party source at first glance.  When you compare the prices and market shifts, though, you’ll see that the con artists are manipulating their data.

Markets to Trade on

The site only presents partial info about available instruments through several TradingView widgets. Several tradable asset groups we detected on the platform itself were:

• Currencies (EUR/USD, EUR/CHF, USD/CAD)
• Commodities (Livestock, Silver, Cocoa)
• Indices (CAC, Dow, Dax, Nasdaq)
• Crypto (BTC, BNB, DOGE)
• Shares (Nvidia, Microsoft, Tesla)

Needlessly Costly Accounts

Looking at the RoyalDiam investment accounts, we can see a tier system common with various charlatans. To make the different accounts stand out, the con artists claim some nonsensical benefits.

The most expensive account, for instance, has both deposit insurance or deposit protection. What’s the difference, we hear you ask? Nothing, they’re just fancy words to sway unwary clients.

Here’s an overview of account prices:

• Newbie – $150
• With Experience – $1,000
• Professional – $10,000

Discrepancies With Payments

Some heavy AML breaches are immediately obvious once you try to deposit or request a RoyalDiam withdrawal. While credit cards are the only funding method accepted, payouts are actually done via crypto and wire transfers. 

Another red flag is the fact that legal documents or the site itself reveal very little details about withdrawals. We could only find that payouts can be requested after 20 banking days since the deposit. All of the fees that might be involved in the monetary transactions are deducted by the company directly from the client’s total balance.

Nobody Cares About Clients

Many fraudsters try to maintain some semblance of customer support at least, in an attempt to keep their prey hooked for longer. Here, there’s no such thing as RoyalDiam support. 

The contact number that is provided on the site is a virtual number that doesn’t belong to any actual landline, and any emails just bounce back.

Steps to Recover Lost Funds

Blacklisted, fraudulent organizations of all kinds only have one thing in mind: to rob you of your hard earned cash. Therefore, we compel you to fight back and not give up on what is rightfully yours. Where there is will, there is way.

With the help of our legal assistants and legal professionals, you too can take the necessary actions and take back your stolen capital. For more info contact our chat agents and book your first consultation absolutely free of charge!

FAQ Section

What is RoyalDiam?

It is an unregulated offshore broker that tries to seem legit by posting alleged licenses issued by fake regulators.

Is RoyalDiam Regulated?

No, any licenses that are posted on the royaldiam.com website are fakes issued by known fraudulent organizations.

How to Recover Money From a Scam Broker?

Contact our legal experts for help with asset recovery. We are available 24/7 via the live chat, and our first consultation is free of charge!

One of the first irregularities you can see about this firm is that legal names and documents are missing. Yet, they expect you to trust them for some unknown reason. Anyway, if the company had regulation, the whole story would be different.

So, let’s find out in this CapitalexPro review what diversifies this company firm from any other swindlers. For instance, the ones you can see in our XtmeGlobaltrades review.

Legal info: Is CapitalexPro Legit or a Scam?

As we can see, the company presents itself as UK-based. This makes the whole research a whole lot easier. Whether for experienced or inexperienced traders. Simply, you just have to check the company’s regulations in the FCA register. Sadly, such details were not found. Instead, we came up with the warning nothing less but from the FCA itself.

It seems that this firm is well known to European authorities. Proof of that can also be seen in CONSOB, FI, and CNMV warnings as well. Now, when you see the company claiming to be safe and secure, you definitely know they are lying.

Who are CapitalexPro’s Victims?

The problem with unregulated brokers is that they are targeting whomever they want. In most cases, those are traders from highly regulated countries. Luckily, CapitalexPro reviews reveal a part of it. Most of the victims come from:

• Spain
• Portugal
• France
• Sweden
• United Kingdom

Since there are already multiple warnings about CapitalexPro broker, don’t be surprised if they vanish. After all, this is the company’s third domain in recent history. If they disappear and your money is stuck with them, feel free to contact our refund team for advice.

Traders Reviews

Non-surprisingly, CapitalexPro trading firm has one of the worst reviews we have ever seen. In fact, almost 90% of the comments are negative. Yet, the number of comments is not small at all. There are 66 of them available on Trustpilot. But who knows how many traders didn’t even share their opinion.

For that reason, we encourage anyone, regardless of experience, to share their story. Ultimately, it can help other people avoid this bogus scam. But also, it can help our team build you a refund strategy.

Leverage, Commissions, Spreads, Fees, and Taxes

Another way to expose the company’s fraudulent services is through its leverage. All European brokers, especially UK ones, can offer maximum leverage of up to 1:30. At least for retail customers.

Yet, with this one, you can get up to 1:200. Not to mention, the company is not revealing trading costs, such as spreads, fees, overnight swaps, and others. Check out our Roi Republic review to see how that can impact your results.

Bonuses

Since T&Cs are hidden, there’s no way to find out what are the bonus conditions. But it’s quite clear the company offers some.

Most likely, there will be a clause where you have to reach some minimum trading volume. If you see something like that, apply for a withdrawal immediately!

CapitalexPro Trading Features

When you think of trading features, you usually think of advanced ones. Such as EAs, copy, and social trading. Nowadays, AI technologies are making things even more interesting. However, most of those are available on the CapitalexPro platform. Except for social trading, but even that is speculative.

Trading Platforms Available

Some top-tier platforms traders prefer are cTrader and Meta Trader. With a wide range of options available, these quickly became leading options in the industry. On top of that, these can be recognized as trusted. Unlike the web-based platform that CapitalexPro company offers.

Most importantly, this company’s platform has only basic functionalities available. Moreover, such platforms can be easily manipulated. So, you have enough signs to avoid it.

Available Trading Assets

Tradeable assets with scam brokers are the traders’ last concern. If the withdrawal issues are possible, nothing else matters. Even though indices are missing, the other four categories are solid-covered. For instance: 

• Forex – EUR/AUD, USD/JPY
• Commodities – natural gas, aluminum
• Shares – IBM, AMD
• Cryptos – BTC, DOT

Account Types

As can be seen, there are various account-type options with this broker. Yet, none of the accounts bring some significant benefits if you deposit more money. Only a few educational benefits, fake education, and support options. In exchange, they will keep asking for more and more money. Anyway, the minimum to start with is $250, but expect very shortly to get persuaded to deposit at least $10k. All the options are:

• Bronze – 10.000 EUR
• Silver – 25.000 EUR
• Gold – 50.000 EUR
• Platinum – 100.000 EUR
• Diamond – 250.000 EUR
• Premium – 500.000 EUR

Mobile Trading App

One of the biggest disadvantages of unregulated firms and web-based platforms is a lack of reliable iOS and Android mobile apps. Consequently, traders who prefer trading on the go and taking copy-trading advice can’t do so unless are they by their desktop machines.

Demo Account

Unfortunately, registration with this broker won’t bring you benefits like a demo account. You have to either deposit money or back out of the deal. Anyway, testing of the features with virtual funds is not available.

Education

As can be seen, the company is advertising webinars, VOD, CMTrading e-books, and much more. Thus, none of that is something they should charge you half a million for. 

Anyway, the offer is potentially good, but not for that money. Especially when you can find far more reliable material anywhere online for free.

CapitalexPro Withdrawal

Another disadvantage is that the company has quite a poor CapitalexPro withdrawal policy. Apparently, there are four options available for withdrawal: bank transfer, card transfer, Neteller, and Skrill. Even though the processing time is said to be up to 5 business days, with scam brokers that’s mostly longer. Especially due to hidden fees.

Customer Support

On the positive side, the company at least appears to have legitimate support. Thus, many traders reported it as trash. With availability 24/5 from Monday to Friday, they can’t be compared to some top-notch firms. For contact options, you will have an e-mail, a UK phone line, and a web contact form.

Key Information To Consider About CapitalexPro

Everything about this brokerage sounds cheesy. Starting with the registered address, contact details, and platform. Not to mention non-transparent trading conditions and missing regulations. As the cherry on top, there are the company’s reviews.

These should be more than enough reasons to avoid CapitalexPro scam broker. However, if they tricked you somehow, don’t hesitate to contact our refund specialists for a free first consultation. Book yours already today!

FAQ Section

What is CapitalexPro?

CapitalexPro is a fake investment firm allegedly based in the United Kingdom that has been operating since 2023.

Is CapitalexPro Regulated?

No. The company is not licensed by any trusted authority. Instead, there are multiple warnings issued against them.

How to File a Chargeback Dispute?

Once you gather all the information you can contact our card issuer and provide them with details. But for detailed guidance, you can contact our chargeback experts.