Untrustworthy Partner
Expecting transparency from this company? Think again. With no legal, contact, or trading details disclosed, it operates in complete anonymity. Despite searching Tier 1 databases like FCA, CySEC, FINMA, CONSOB, and NFA, only a BaFin warning was found. This signals unauthorized operations, leading the German regulator to caution citizens against engaging with this unlicensed entity. Stay cautious and informed.
Attention Drawing
Social networks are rampant with deceptive profiles aiming to gather victims’ contact information. Boiler room agents exploit these details to establish connections, bombarding potential targets with relentless calls, email spam, and unwanted messages.
Baited Victims
The ongoing BaFin investigation suggests scammers are targeting German investors, but victims have been reported in Germany, Poland, and France since the site’s establishment in June 2023. If you face withdrawal challenges, seek assistance through our online chat anytime.
Weak Trading Technology
This fraudulent platform features a rudimentary web trader, promoting it as intuitive and user-friendly. However, it falls short of expectations. Be cautious and opt for platforms like MT4, MT5, or cTrader for a robust trading experience.
Poor Selection Of Assets
The platform lacks transparency about available instrument classes, offering only a preview of the Crypto class. There’s no comprehensive asset list or pricing information. Exercise caution and avoid settling for less than reputable platforms.
Unfair Account Pricing
With unrealistic features and exorbitant costs, account packages are advertised at staggering amounts. Purposefully attracting attention, this false marketing justifies unjustifiable costs ranging from $10,000 to $200,000.
High Leverage And Hidden Costs
The platform offers leverage up to 1:500, violating EEA regulations capped at 1:30 for risk control. Hidden costs are likely, and sudden fees may be imposed without warning.
Withdrawals Don’t Make Sense
Opaque payout terms, absence of legal documents, and no evidence of realistic trading raise concerns. Credit cards for withdrawals, despite only supporting crypto deposits, violate AML precautions by regulated brokers. Be vigilant and consider retrieving your deposited funds promptly.
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