Review: Is legit or Scam?


Is legit or scam? A common question from investors.

This is a review of scam.

Scam brokers may operate in multiple countries without the necessary regulations enforced by respectable regulatory bodies such as FSMA, FCA, CySec, ASIC, and others. However, there are other grounds besides regulation for labeling this broker a scam.

Additional factors cited include a large number of complaints, unfavorable ratings on, and other potential scam elements. If you trade with this broker, your money could not be secure.


About Broker Scam

A fraudulent investment website called makes the idea that it may help users generate passive income. However, is actually one of the possible ruses. It is best to avoid investing money with this broker if you do not want to lose it. is a cryptocurrency niche player as well. On its website, the broker doesn’t even provide any information on its employees. The broker’s practice of sharing free stock photos of employees on its website, which we are currently attempting to remove, raises even more red flags. These items demonstrate the broker’s dishonesty and unreliability as well as the risk involved in your investments.

However, is unable to align their modes of functioning. They arranged a FINCEN certificate for an MSB registration in an effort to appear authorized.

Offshore con artists typically obtain this certificate by using false information.


Potential dishonest practices of unlicensed scam broker

In this analysis, we have highlighted this broker as a scam broker for the following potential reasons:

  • It’s possible that the broker made some untrue statements on its website.
  • The policies regarding bonuses, withdrawals, and other laws and restrictions are fraudulent and designed to deceive investors.
  • The broker consistently phones the traders, pressuring them to increase their investments.
  • The broker makes unrealistic returns guarantees.
  • It’s possible that the risk warnings are concealed or not included on their webpage.
  • The broker may be based in nations or small islands where there is no adequate legislation and creating a corporation is straightforward. Typically, these countries are havens for scam brokers.
  • This fraud broker offers you a significant possibility of profiting, but when you want to withdraw your money, they will announce their unlawful withdrawal restrictions, and you will be unable to do so.
  • Broker is functioning for some time, and then you are unable to reach the broker or the website appears to be offline. The broker also changes its name and website URL without prior warning to existing traders.

Is a scam?

Regardless of what you’ve read in reviews, the site is suspected of being a hoax. We do not advocate investing with them.

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 has received many poor evaluations, and traders who have dealt with this broker have filed several complaints against it.

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.

legit or a scam?

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

The review is unfavorable. Instead, seek for authorized and respected brokers that can help you develop your money.

When looking for brokers to trade with, the first and most crucial step is to discover about their certification(s). This will inform you if
is governed by a central authority or is an offshore and/or uncontrolled company.

When a broker is unregulated or regulated by an institution outside your country, you have little to no legal remedy if your money are compromised. In the case of theft, complaints may only be filed if the broker is regulated by the regulator in your country.

Some instances of regulatory agencies issuing brokerage licenses are:

  • The Financial Services and Markets Authority (FSMA)
  • Cyprus Securities and Exchange Commission (CySEC)
  • The Financial Conduct Authority (FCA
  • The Australian Securities and Investment Commission (ASIC)

If a broker is not licensed by the regulatory authorities in your region, they are likely unregulated and should be avoided. Even if the brokerage is regulated, avoid it if the regulator does not operate in your country.

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.

If you or someone you know has been swindled by, please 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.