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.


The website assures us that trading in the financial markets will be easy and successful if we choose this high-quality broker. But fact-checking shows otherwise. is nothing more than yet another online scam targeting people without sufficient experience and knowledge of financial trading. Let’s unravel in detail the clues that the is not worth trusting with your money. Regulation and safety of funds

Guaranteed FundsSegregated AccountsNegative balance protection
UK regulated brokers£85 000YesYes
EU regulated brokers€20 000YesYes
AU regulated brokersNoYesYes
US regulted brokersYesYesNo

If a financial services provider is legitimate, you will find on its website clear and detailed information about the company that owns and operates it, where it is based, and what licences it has. Genuine brokers also provide access to a comprehensive set of legal documentation. The availability of such information does not guarantee that it is not false or misleading. But the absence of these elements is very indicative that in all likelihood you are dealing with scammers. does not disclose which company owns and operates this website. Even in the text of the Terms and Conditions and other documents, the name of a legal entity is not mentioned. No office address is given and the only method of contact is email.

According to the Terms and Conditions, the applicable jurisdiction is that of the Marshall Islands, an offshore zone that does not even have a financial regulator.

In addition to the above, the Spanish financial regulator CNMV has issued a warning that is not authorised and is trying to imitate a legitimate company.

If you have decided to invest in financial instruments you have a choice of much more trustworthy options.

Depending on your location, it is advisable to choose a company that is regulated by an institution such as Commodity Futures Trading Commission (CFTC) in the US, Australian Securities and Exchanges Commission (ASIC), UK’s Financial Conduct Authority (FCA) or some EU regulator like Cyprus Securities and Exchange Commission (CySEC).

Clients of these brokers receive protections such as negative balance protection and segregation of the client’s funds from the broker’s funds.  In the EU and the UK, brokers must also participate in guarantee schemes that cover a certain amount of the trader’s investment if the broker becomes insolvent. These guarantees amount to up to 20 000 EUR in the EU and 85 000 GBP in the UK. However, the likelihood of such a bankruptcy is low because regulators also have significant net capital requirements that companies must maintain – EUR 730 000 in UK and Cyprus, AUD 1000 000 in Australia and at least 20 million USD in the United States. Trading software

Analytical toolsAuto tradingCustom indicatorsMobile apps platform
MT430+ indicatorsAndroid and iOS
MT550+ indicatorsAndroid and iOS
cTrader40+ indicatorsAndroid and iOS

After registering an account, we get access to a pretty basic web trading platform that doesn’t feature extensive customization options or advanced functionality. We’ve seen the exact same platform being used by multiple fake brokers we’ve encountered. Scammers are using rigged trading software to fool their victims into believing that their money is really being invested and even turning a profit.

Legitimate brokers offer clients a wide selection of trading software, including desktop, mobile apps and web-based platforms. The most widely used platforms in the industry are MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms have established themselves as industry standard because they offer a wide range of features, including a variety of options for customization, multiple account usage, designing and implementing custom scripts for automated trading and backtesting trade strategies. Trading instruments


Financial instruments of all major classes can be seen in the trading platform. But as stated we have no reason to believe that this anonymous website offers real rather than fictitious trading. Spreads and cost of trading

Spread EURUSD0,40.611.1
Spread GBPUSD0,
Spread USDJPY0,  claims to offer trading with low spreads and commissions. In the trading platform we do see a low spread of 0.4 pips, nowhere is the amount of commissions charged by stated. Maximum leverage

UK regulated brokers30:15:110:110:1
EU regulated brokers30:15:12:110:110:1
AU regulated brokers30:15:12:110:110:1
US regulated brokers50:1 offers leverage up to 1:200. Regulated brokers do not offer such levels to retail traders as trading with high leverage carries risks of sudden and excessive losses.

Higher levels of leverage are only offered to professional clients who trade entirely at their own risk. If you don’t qualify as a professional trader but are willing to take the risk of high-leverage trading, the most viable option is to use the services of an offshore affiliate of an established brand. Deposit and withdrawal methods

Deposit timeWithdrawal timePrice
Bank wire
Crypto24 hours24 hoursFee depends on crypto claims to offer a wide selection of payment methods, but the only option that is actually available on the deposit menu is cryptocurrencies.

This is typical of financial scammers. Cryptocurrencies are their payment method of choice because on the one hand they allow the scammer a degree of anonymity, and on the other hand they do not allow the scammed to ask for a refund.

Legitimate brokers typically offer clients a wide choice of transparent payment methods, including bank transfer, credit/debit cards and established e-wallets such as PayPal, Skrill or Neteller.

If you’re interested in legitimate brokers that accept digital currency payments alongside conventional methods, check out this list. Minimum deposit

Minimum deposit$250$5$10$5 specifies a minimum deposit of 250 USD, which is the industry standard. But this means that for the same amount you could open a trading account with an established and duly licensed forex broker. Some of the leading brands in the industry offer Micro and Cent accounts with a very low entry threshold that are suitable for novice investors. Withdrawal requirements

Trading volumeFee/Tax on withdrawalMinimum withdrawal
Capital-alpha.cobonus x2510%$500
UK regulated brokersNoNoNo
EU regulated brokersNoNoNo
AU regulated brokersNoNoNo
US regulated brokersNoNoNo

According to the Terms and Conditions, the minimum withdrawal amount varies between 100 USD and 500 USD depending on the payment method – credit cards or bank transfer. But as stated the only available method is cryptocurrencies.

If the account has received a bonus, it can withdraw funds only after it has met the minimum volume requirements – 25 times the deposit amount plus the bonus. Scammers use such clauses to block any withdrawal requests.

If you are allowed to withdraw funds at all, you will be charged a whopping 10% fee. Genuine brokers do not normally charge transaction fees.

Top Forex Brokers

BrokerCountryRatingMin. DepositWebsite
US4.99/5$50 Click for a special offerWebsite

Leave a Reply

Your email address will not be published. Required fields are marked *