review – 5 things you should know about review – 5 things you should know about

Rating: 1

Beware! is an offshore broker! Your investment may be at risk.



Don’t put all your eggs in one basket. Open trading accounts with at least two brokers. has adjusted to the style of what we like to call “alternative” scammer FX brokers. These brokers rely on a very simple and stylistic interface, where the website is fitted into one basic page, there is a very limited amount of information (as a result of the limited website), and there is predominant color or theme. We have reviewed brokers like this before, and we are sure that this one will not be our last. There is no doubt that is illicit, what matter now is to disclose how illegal it really is and in what way. That is the main function of the following review.

The registration form look is one that we have seen been used hundreds of times by past scammer brokers. We logged in in a matter of seconds, and we brought to a web trader serving as the main page to the user dashboard. The other sub sections are found in small tabs around the trading software.

Speaking of the web trader, we found out that the EUR/USD cost of trade is 3.6 pips, a value completely useless to traders. The leverage was capped at 1:200. The web trader revealed the following trading assets: forex currency pairs, cryptocurrencies, indices, commodities, ETF’s, bonds, and stocks. In all honesty, quite a decent list of tradeable instruments.

The website of the company is available in English only.


The terms and conditions are allegedly governed by the laws of Cyprus. However, the contact address locates the company in Switzerland.

Now, these are two very bold claims, and none of them are true. First of all, in order to be legally working in Cyprus as an FX broker one absolutely must hold a license from CySEC. does not hold one: there is no proof of these in either way- the regulator holds no info on one, nor does the broker itself reveal any connection to the Cypriot overseer.

As for the Swiss address, it is even more unlikely that is regulated there. Switzerland is the European equivalent of the United States regulators, in that it is by far the strictest of all regulators in the whole of Europe. There is no way, not in a thousand years, that is licensed there.

Aside from this, there is no other proof of a potential license, nor is there need of one. This broker is undoubtedly UNLICENSED and is, therefore, a very big risk to all investors!

We cannot, for the life of us, recommend to our readers, or for that matter to anyone else, to register and invest in an unregulated broker. It would be like throwing money down the drain. It is imperative to check that the broker is regulated by the FCA or CySEC, or any other license issuer out of the hundreds. Regulatory agencies make sure that their brokers function with the user’s interest as their top priority. Moreover, certain agencies offer compensation schemes to all users of their overseen brokerages.  CySEC offers a €20 000 refund amount per person, while the FCA guarantees up to £85 000. These funds are applied when the regulated broker cannot pay its dues.


The web trader used here is by far one of the most popular ones used by scammer brokers today! However, it is rather decent, and in this fact lies the irony of it all.

It boasts the following, main, features: pending orders, live TV, live news, time frames, stop-loss, take-profit, and price alerts. Although decent, it can get old after a while, especially to the advanced traders out there. That is why it is heavily used by scammer brokers: new traders find it professional, whereas in reality it really isn’t.


The client area reveals that the deposit methods are limited only to credit and debit cards. We could not get a minimum deposit through the user area. The website claims it to be $500, although we cannot vouch for it.

The withdrawal area claims the methods used to take out money as wire transfers, credit cards, and a BTC wallet. These are suspicious, because they are not the same ones as the ones used for deposits- this is against AML laws!

The usual processing time is around 5 days. The withdrawal policy speaks of fees, but it never expands on them.

Overall, is not worth one cent! It is a scam and a risk to all investments!

How does the scam work?

Users have entered the scam once they have registered or provided certain contact details to the broker or the investment schemes.

They get to this point once after being tempted by one of thousands of alluring online ads that promise easy money and a chill lifestyle to go with it. Most of these ads lead to either the broker’s site or an intermediary website. Which ever one happens to be the source of the ad, either one will ask the client for contact details.

Through these contact details the scammer will contact the user and solicit a first deposit in the scam. This is the most important step, for the first deposit is the initiating ritual, where the user get to build an artificial trust with the reps of the scam.

After the first deposit, the broker/scammer is able to build on this relationship, lying to the user. As a result of this, more deposits will be demanded, and more fake promises will be wasted.

This is all a ticking time bomb, since the user will want, at some point, to withdraw his/her money. The scammer will deny this request and those that follow, making up excuses at it goes.

What to do if scammed?

Filling for a chargeback is the best solution. Credit and debit card companies allow for this service, The good news is that MasterCard and VISA have a chargeback period of 540 days.

Users should immediately change their bank account user name and password if they have lost money to an investment scam through a wire transfer. They should also contact their bank and try to find a solution with the institution.

Forget about being able to retrieve crypto funds. Crypto deposits are the surest way to lose money!

Moreover, do not trust recovery agents or agencies. These are either an extension of the investment scam, or an independent fraud. They promise to return your lost investments but not before demanding a payment for their “services”. After the user pays them, they will disappear with the money!

Top Forex Brokers

BrokerCountryRatingMin. DepositWebsite
USA5/5$250 Click for a special offerWebsite
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UK, Cyprus, Belize4.94/5$5 Click for a special offerWebsite
Australia, Cyprus4.93/5$100 Click for a special offerWebsite
UK, Australia4.85/5$50 Click for a special offerWebsite
Cyprus, SVG4.8/5$100 Click for a special offerWebsite

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