Beware! LegitHartford24.com is an offshore broker! Your investment may be at risk.
RECOMMENDED FOREX BROKERS
Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.
It’s never a great sign when our browser warns us that we are about to enter a dangerous and deceptive website. Enter LegitHartford24.com a very dangerous broker with official warning set against it. Let;s add one more warning in the shape of an informative review. The following text discloses why LegitHartford24.com is so bad and unworthy of even a second of your time.
If there ever was a scammer registration process and subsequent user area, it’s LegitHartford24.com that takes the prize. We immediately knew we were dealing with a scam the moment we entered the client area. Things are made even worse when se discovered that there was no trading platform anywhere. And therefore, no trading conditions.
Whenever the website discusses trading conditions, such as spreads, leverages, and tradeable assets, let is be known that LegitHartford24.com is lying and deceiving. None of the trading conditions apply! So, LegitHartford24.com cannot be defined as a broker, if it lack the one essential element.
LEGITHARTFORD24.COM REGULATION AND SAFETY OF FUNDS
LegitHartford24.com is pretty straightforward with its legal information, in that it does not disclose anything of value and it seems to be completely aware of this. But why should it? It is after all a scam, and therefore does not have any interest in practicing legally.
But, nevertheless, the website presents a very obscure US based address, in the middle of nowhere, mid Louisiana, which doe snot seem to us like an ideal location for an unregulated broker. This is one reason not to trust the address. Another is that the US is, if you did not know, is the most regulated market industry in the world, where the CFTC and the NFA are in charge of regulating the few brokers that have been granted with licenses. The burden of their efforts is unimaginable to the likes of LegitHartford24.com.
This firm is definitely not based in the United States, let alone regulated. It is also unlicensed, and a common FX scam! Do not invest here!
If you are investing in an unregulated broker better not invest at all; at least in the latter occasion you will not be ensnared in an investment scam that will not only take your money but will greatly waste your time and energy. Better yet, if you have the will to invest, and either are skilled at it or want to expand your knowledge, there is no better way to go than any of the European, UK, US, or Australian brokers we have compiled for you. These are all regulated, and so are up to industry standards, but are also limited in the amount of freedom they can have by some of the top regulators!
LEGITHARTFORD24.COM TRADING SOFTWARE
LegitHartford24.com offers no software for trading, as was made clear earlier on. There is no way to spend any of the invested funds, which means that invested capital will be useless to the user, but very welcome by the broker who will not reimburse it.
Instead of a traditional trading terminal, the user area presents third party charts. These are useless tools that serve only one purpose: to make it seem as if LegitHartford24.com was offering a trading platform. And unfortunately, many users fall victim to these schemes. Break the cycle, and free yourself from these illusions.
LEGITHARTFORD24.COM DEPOSIT/WITHDRAW METHODS AND FEES
The only payment methods that we discovered in the user area was a crypto based one. There was no minimum deposit requirement (users can proceed with only a dollar) and are encouraged to send their funds directly into the shady and untraceable crypto wallet. Speaking of which, yes, all crypto transactions with LegitHartford24.com are untraceable, as they are with other scam brokers. So, investing here will be an immediate loss.
The withdrawal area reveals some fees on the following payment methods: Bitcoin 25 + 2.25 USD, Ethereum 25 + 2.30 USD, Skrill 25 + 2.75 USD However, we have no idea if the number 25 pertain to a currency or a percentage. What we learn is also that the minimum withdrawal amount is $50.
We have to say that including payment methods for withdrawals that are unavailable as deposit gateways is illegal, as it goes against the main anti money laundering rules and laws. So, there you go, another subtle reason why this firm should not be trusted.
In the end, LegitHartford24.com is nothing more than a scammer broker, and a risk to all. Investing here will lead to financial loss, we are sure of it!
HOW DOES THE SCAM WORK
Scams have surprisingly little evolved over the past decades since their inception. It’s basically the same principle being rendered through different sites and by a plethora of different agents.
The core remains the same. The broker tries to grab the client’s attention either by advertising false profit gains, or by directly contacting the user, who is the vastness of the internet let his guard down at some point and either provided an email or a phone number to some now forgotten source.
Should the user get contacted (or fall for the ads) he or she will be shown to the website of the investment fraud and promptly be pushed to invest, either by sweet talking representatives of the scam, or by the account manager which is also the one that keeps the whole thing in check.
The ultimate goal is to compel the user to invest once, and after that the trap is fully shut. The client already lost money, and any further investments are a bonus to the broker. All withdrawals will not be available, and even if the broker seems to be keeping a straight face, it’s all part of the scheme.
Sometimes the users will get a small teasing taste of profit, just so they are motivated to invest more. But after that one time is when most clients realize that something is wrong.
WHAT TO DO IF SCAMMED
The best thing to do is to file for a charge back with your credit or debit card provider, provided that you had previously invested via them. MasterCard and VISA have a chargeback period of 540 days, so its relatively easy to get reimbursed, and that’s why fewer and fewer scammer brokers are offering card payments.
An easier way to lose money is through wire investments. The only advise we can give you is to contact the bank as soon as the money has been lost (or when you realize you have been played). That and to change your bank account password and user name!
We come to the favorite investment methods of unlicensed brokers – crypto wallets. These are untraceable, and thus once a payment goes through it’s finished! There is no real way of getting one’s money back.
Also do not trust recovery agent or agencies promising to get your money back. These will fee you a hefty sum in return for their services, but as soon as you pay them they will disappear!