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 pure scam, and we needed no more than two pages to look through to know that the so-called brokerage is fraudulent. The first thing is the website footer – it’s stuffed with lies! falsely claims to be registered in Budapest, Latvia, Cyprus, Vanuatu and elsewhere and provides fake registration and license numbers! The broker waves other red flags, too, and we’ll cover everything you need to know about in the following review. Regulation And Safety Of Funds

The false claims from the footer were mentioned, but these are just a few of the lies said by the broker. On other pages, also show fake licenses (from Vanuatu) and pretends to work with some of the largest biggest banks – Morgan Stanley, HSBC and others. All of it is falsehood, demonstrating that the brokerage is a dishonest entity and essentially just a fraudulent website created to mislead and defraud people out of their money! is anonymous, unregulated and practically illegal, so staying away from it is highly recommended – it’s a pure scam!

Avoid it, and if you are still interested in trading, you should stick with regulated brokers only! For example, both CySEC (Cyprus) licensed brokers and FCA (Britain) brokers are proven safe as both authorities force strict regulations to guarantee safety for clients’ funds. The compulsory rules include client account segregation, risk-reducing measures like leverage restrictions and negative balance protection, and increased capital requirements to license a broker (€730 000). Most importantly, though, both authorities maintain deposit insurance funds – clients of CySEC brokers can claim up to €20 000 in compensation, while the UK protections are even higher at £85 000 per person! It goes without saying that if you trade with unregulated brokers, you’ll remain unprotected and exposed to fraud risks!

Below, you can see some more false claims. The broker is not a member of The Financial Commission, and it’s not regulated by CySEC! Trading Software has a Webtrader, but we couldn’t access it due to some technical errors. We tried multiple registrations, but in vain – the Dashboard and the trading software remained out of reach for us. We can’t speculate about the platform, but is anyway a scam, so the software itself doesn’t really matter and changes absolutely nothing!

For that reason, we’d like to introduce our lists with MetaTrader4 and MetaTrader5 Forex brokers. The firms topping the list are adequately regulated, and you can trust your money with them, knowing that you won’t lose your money to fraud. We promote MetaTrader for a reason. Both MTs are industry leaders that have withstood the test of time because of their stability and the abundance of advanced features provided. Clients of MetaTrader brokers will benefit from automated trading and analytical tools, complex indicators, reliable charting tools and the marketplace with thousands of trading apps. Trading with MetaTrader is always a good choice, but make sure to pick adequately regulated brokers only! Trading Conditions

As already explained, we could not access the platform due to some errors, and for that reason, the trading conditions revealed by the brokerage will remain unverified.

The alleged asset classes available for trading are Forex, Metals, Stocks, Commodities, Indices and Cryptocurrencies.

The trading costs are allegedly low as spreads are said to start from 0.6 pips, which is a competitive rate nonetheless. Still, is an apparent scam, so nothing really changes.

The trading risks can be high as leverage can reach 1:100. The ratio has excellent profit potential, but it carries risk and is no longer considered adequate for retail traders. The important thing, in this case, is that 1:100 contradicts the claims that is regulated by CySEC – the authority allows no more than 1:30, meaning that lies about its regulation. Deposit/Withdraw Methods And Fees

The minimum deposit is $250, a standard requirement for offshore brokers. The demands are not high but bear in mind that you can open an account for as little as 5 dollars with many regulated firms. If you are interested in affordable brokers, feel free to follow the link provided.

The funding methods are not disclosed, but other sources reveal that the broker accepts cryptocurrencies only, which means that no chargebacks will be possible when things go wrong – crypto transactions are final and non-refundable. That’s a red flag in itself as deliberately limit chargeback options by refusing to accept Credit/Debit cards, which is considered the safest method.

Information about withdrawals and fees is scarce, and the only thing specified is that customers can withdraw funds no sooner than 20 days after a deposit. That said, no withdrawals should be expected, as was already exposed as a scam! Beware!

How Does The Scam Work

Forex scams are different from one another, but in most cases, the fraudulent scheme is practically carried out in the same way. Scam brokers are always unregulated and usually registered somewhere offshore, which helps scammers remain anonymous and untraceable. If you open an account with such an entity, you should expect endless phone calls. Scammers will constantly try to approach you and make you deposit money as quickly as possible. Remember that urgency is always a treacherous sign, so it’s probably a scam if someone calls you twenty times per day, asking for money.

In the worst-case scenario, you’ll deposit, and scammers will persuade you to trade instead of you. You’ll soon see magnificent profits generated – false, of course, and you’ll get excited, asking to take your money back. As you probably guess, they won’t let you do so and will try to get another deposit from you, promising that much more lucrative gains are waiting. Or, they can ask for a  false tax, saying that withdrawals are only possible if you cover the charge in advance. If you pay, you’ll increase the amount stolen from you, but if you keep asking for your money, you’ll soon realise it’s a scam!

What To Do If Scammed

You should first inform the authorities – call the police and contact your local regulators and other government bodies dealing with crime and fraud. Also, deactivate your cards ASAP and call your bank to inform them about what happened – they can provide essential information and help you reduce further financial damage.

If you deposited cryptocurrencies, there is not much you can do, but if you used your credit/debit cards, you could file a chargeback, hoping that all or some of the money invested can be retrieved. However, you shouldn’t go blindly looking to recover the loss because many fraudulent chargeback agencies are waiting to double-scam victims of fraud – be cautious about it!

And lastly, consider sharing your experience to help protect others and provide further information about how scams work!

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