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. is a fraudulent company that claims to specialize in pretty much everything – “cryptocurrency mining, automobile, real estate, solar energy, pharmaceutical plants, and trading market”. However, this is surely a scam – the website of the “broker” is horrible, their conditions are unrealistic, and there is no actual evidence that this company is regulated by any financial authority – despite their claims. Moreover, this broker is related to another shady website we reviewed in the past –

Stay away from such scammers and only trust established, licensed brokers when investing. REGULATION AND SAFETY OF FUNDS claims to be registered in the UK and has even had the audacity to put a tiny UK Certificate of Incorporation on its website. However, that certificate is too tiny to be legible – and even if it is anywhere close to actual, it still would not be enough if the broker wanted to offer its services on UK ground. All UK brokers must be licensed by one of the strictest authorities in the world – the FCA. does claim to be under the supervision of the FCA but judging from the fact we were unable to find data on this broker (we searched the website since we were not provided with a company name), we will conclude that they are not in any way regulated.

Working with unregulated brokers is extremely risky – not only would you not be able to get access to any protections that clients of regulated brokers could benefit from but there would also be no way to be sure that you are not working with complete scammers. In this case, we are inclined to believe that is, indeed, a complete scam – just take one look at their horrible-looking website, brief legal documentation, and unreliable license information and you would be able to reach that conclusion yourself.

Work with a regulated UK broker – there are many perks to choosing one such company. All UK licensed brokers have to prove that they are financially stable by maintaining a certain minimum capital – at least €730 000 but that sum could be higher for brokers with many clients. Companies are obligated to keep client money in segregated bank accounts – this ensures that funds will not mix, and your money will be safe in case the broker becomes insolvent. This measure also speeds up withdrawals. Negative balance protection is a must – as a retail trader, you could lose more money than they have in your account. UK brokers also provide funds for the Financial Services Compensation Scheme (FSCS) – so in case your broker does go bankrupt despite all safety measures, you would still be entitled to a compensation of up to £85 000. TRADING SOFTWARE does not offer any sort of functional trading platform – the idea behind this fraudulent website is completely different, as we will later see. The broker does not offer its clients the opportunity to trade at all – what you can expect instead is a scam of the high-yield investment program (HYIP) type – more on that in a minute. What we can say so far is that you would not be able to trade with this broker without some sort of software – which means you have no reason to want to open an account with them.

Look up brokers who offer MetaTrader 4 or MetaTrader 5 instead – these are the two most popular choices for trading software in the industry. Both platforms combine a user-friendly interface, and a high level of efficiency – you can count on getting the best charting and analysis tools as well as additional features such as Expert Advisors, a Strategy Tester, VPSs, a market for additional trading apps, the opportunity to set signals or to subscribe to those set by successful traders, etc. MT5 offers even more features – such as a market for trading apps and a built-in economic calendar. TRADING CONDITIONS

As we mentioned is running an HYIP scam – such scams ask you to invest a small amount of money for a certain period of time and just wait and see your investment grow tremendously until it reaches impossible dimensions. You would not have to do anything or have to bother with actual trading and analysis. has described its services in the following way – “you don’t need to spend hours in front of the charts and news channel every day. We do that for you while you can spend that time elsewhere… In the meantime, we will keep making you productive!”

The cheapest plan this “broker” offers requires you to invest just $100 for two days. After that, you will see a 10% growth. This means that in just 2 days, you will have gained $10 on your small investment with zero effort. This might not sound like that much but the broker offers multiple other plans – if you invest more than $10 000 and wait a month, you will see returns of 250%. Keep in mind that the best investors of our time rarely manage to generate more than 40% annually – if they are very lucky and in a very good year. The average retail investor, on the other hand, should be happy with around 10-15%. These percentages are always reached through extensive research and education – not by not doing anything. That is why scams of this type, although tempting, are not based on things that are anywhere within the realm of reality. This is a smart way to tempt people who know nothing about trading and investing to transfer your money – but there is no way for anyone to reach such returns, all such promises are empty.

Keep educating yourself if you want to see any profits – and check out this list of reliable brokers who would ask for much less than $100 in order to open a real trading account. DEPOSIT/WITHDRAWAL METHODS AND FEES only allows you to deposit in Bitcoin, Ethereum, and Tether. This is not exactly great – cryptocurrency transactions are both anonymous – they can only be traced to a wallet and not to a person – and irreversible. This means that if you have already deposited with this fraudulent broker, there would be no way for you to get your money back. This payment method is only to be used with people and organizations that have proven to be reliable – otherwise, you might have to live through quite the unpleasant experience.


Such scams are more common than you think and trick thousands of people into investing with fraudulent brokers who exist with the sole purpose to rob you. The best thing you can do to avoid them is check registers, research matters carefully, and have a general idea about how scam brokers operate.

Such brokers usually promise immense, fast profits – slow, gradual, and informed rarely seems to be the way for them. You take one look at a broker’s website and decide that it looks decent and legitimate and that all the promises and claims must be true. Such scammers often try to convince you that they are legitimate in various ways – they lie about being regulated, provide fake legal documents, and divert your attention with unbelievable offers. You decide to try your luck and open an account – providing the scammers with your phone number and email in the process.

After that you would not be left alone before you make a deposit – you receive dozens of calls and emails from smooth-talking scammers whose very job is to prey on unsuspecting people who are trying to turn a quick profit. And once you have deposited, they will keep asking you for more and more money – which you would gladly invest because, at that point, you might even be turning a decent profit. However, when you try to withdraw your profits, you will quickly see that you have been fooled. Different reasons why withdrawing is impossible will appear – additional taxes, minimum withdrawal limits, and previously unmentioned clauses in the Terms and Conditions.

At some point, you understand you are being scammed – but by the time you reach this point, the scammers will already be long gone.


Unfortunately, the chances of you tracking down the scammers and retrieving your money are not good.

You can, however, avoid additional problems and losses of money by changing your banking details and passwords, and removing all software they have asked you to install – this just provides them with easy access to your computer and all of your passwords.

Don’t trust any recovery agents promising to retrieve your money for a fee – this is just another type of scam, often conducted by the same people who initially robbed you.

If you have used Visa or MasterCard to deposit, there is a chance that you might be able to get a chargeback – both card providers allow chargebacks within 540 days of the transaction. Reversing wire transfers and payments made in crypto, on the other hand, is impossible – only use these payment solutions with trusted brokers.

Finally, make sure to notify the responsible authorities and share your story with as many people as possible – this way, others will know how to avoid such scams and stay away from them.

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