Scam Broker Review?

Is legit or scam? A common question from investors.

This is a review of scam.

To report a crypto scam, suspicious website, scam crypto exchange, or a crypto scammer, individuals are advised to report to detectingscams.

Determining the legitimacy of is a frequent concern among investors, often prompting questions about whether it is a reputable platform or a potential scam. This assessment explores various factors suggesting potential fraudulent activities associated with

About Broker Scam

Scam brokers frequently operate across multiple jurisdictions without adhering to necessary regulations mandated by reputable regulatory bodies like FSMA, FCA, CySec, ASIC, among others. Beyond regulatory shortcomings, several other indicators contribute to labeling as a potential scam.

Numerous complaints and unfavorable ratings on, alongside other suspicious elements, raise concerns about the safety of investors’ funds. Engaging with this broker may pose risks to your financial security.

The platform presents itself as a means for users to generate passive income. However, it falls under the purview of potential scams. It is advised to refrain from investing money with this broker to avoid potential losses.

Moreover, operates within the cryptocurrency niche, yet lacks transparency regarding its staff. The use of stock photos of employees on its website further casts doubt on the broker’s credibility and reliability, amplifying the risk associated with investments.


Potential dishonest practices of unlicensed scam broker

Despite attempts to appear authorized by obtaining a FINCEN certificate for an MSB registration,’s practices remain questionable. Offshore con artists often acquire such certificates using falsified information, indicating potential deceitfulness.

Potential deceptive practices by unlicensed brokers like include making false statements on their website, employing fraudulent policies related to bonuses and withdrawals, pressuring traders to increase investments, promising unrealistic returns, and concealing risk warnings.

Additionally, the broker’s operations may be based in countries or territories with lax regulations, making them ideal locations for scam brokers. This can lead to difficulties in withdrawing funds and instances where brokers become inaccessible or change their names and website URLs without prior notice.

Is a scam?

In light of these concerns, it’s advisable to exercise caution when dealing with Investors are urged to avoid depositing further funds, especially if faced with withdrawal fees. Numerous negative reviews and complaints reinforce the suspicion of being a scam.

If you have already invested in, we recommend that you stop depositing any monies with them immediately, especially if they charge a fee to withdraw your money. DON’T PAY IT. Broker Scam Reviews and Reports

In conclusion, it is recommended to seek authorized and reputable brokers to safeguard your investments. Ensuring a broker’s certification and regulatory compliance is crucial, as unregulated brokers offer little to no legal recourse in case of financial losses. If you suspect being scammed by, seeking professional assistance and reporting the incident promptly can aid in recovering lost assets.

DetectingScams has conducted extensive research on this broker, and based on bad reviews, complaints, and other fraudulent traits, we have included it in the list of scam brokers warnings.

Is legit or a scam?

DetectingScams Investigations does not suggest that investors deal with this broker, since your cash may not be secure.

To report a crypto scam, suspicious website, scam crypto exchange, or a crypto scammer, individuals are advised to take the following steps:

  1. Contact Authorities: It’s essential to reach out to local law enforcement agencies or financial regulatory authorities. Provide comprehensive details about the scam, suspicious website, exchange, or individual involved.

  2. Report to Regulatory Bodies: In cases involving cryptocurrency exchanges, reporting to relevant regulatory bodies like the Securities and Exchange Commission (SEC), Financial Conduct Authority (FCA), or similar organizations in your country is crucial.

  3. Use Online Platforms: Various online platforms accept reports of scams and fraudulent activities. Websites such as Scamwatch, Better Business Bureau (BBB), and Anti-Phishing Working Group (APWG) facilitate reporting and investigations.

  4. Contact Crypto Community: Informing the cryptocurrency community about the scam through forums, social media platforms, or specialized crypto communities is beneficial. Raising awareness can help prevent others from falling victim to the scam.

  5. Utilize Crypto Security Tools: Blockchain analysis tools and security companies specializing in detecting and reporting crypto scams may offer assistance. They can help track and report fraudulent activities effectively.

  6. File a Complaint with Financial Institutions: If the scam involves a financial institution, such as a bank or payment processor, filing a complaint with them is advisable. They might freeze accounts associated with the scam or aid in resolving the issue.

  7. Be Vigilant: Staying informed about common crypto scams and how to identify them is crucial. Educating oneself and others in the community to recognize red flags can help protect against fraudulent activities.

Have you been scammed by

If you have lost money with, do not be worried. You are not the first and unlikely to be the last. Mistakes may happen to even the most attentive investors, and they should be seen as learning experiences.

The good news is that there is expert aid available.

If you or someone you know has been swindled by, please contact us immediately to submit a complaint.

The chainalysis experts affiliated with detectingscams, a professional organization committed to assisting customers in recovering monies stolen online, is available 24 hours a day, seven days a week and has helped investors all over the world regain millions of dollars.

A payment chargeback is the retroactive cancellation and return of a charge made using your credit card, wire transfer, or another payment method.

Victims of online fraud can increase their chances of recovering part or all of their lost assets by developing a persuasive chargeback plan from start to finish.

Remember to gather substantial evidence, including screenshots, transaction details, and any communication with the scammer or suspicious website. Prompt reporting of scams can prevent further losses and safeguard others from similar schemes.