review – 5 things you should know about

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. reveals pretty much everything it is made off the first moment we laid eye on it. Actually, we have a very trained eye for such entities, while many users might find it charming and even worth a deposit or two. You will have to trust us when we say that we have been witnesses to hundreds of brokers using the exact same website template and regulatory claims. This broker is plagued by issues that we will reveal here, so please read the review before investing! You just might end up regretting your invested capital!

The first major blockade that we encountered is a red message on the registration page, claiming that the broker does not accept new customers. For now, at least. This means that we cannot register, and must take all the trading and payment information from the website.

The unavailable account creation tool might be due to the possibility that does not just take any random customers. Instead, we assume, it chooses its own traders according to how willing they are to invest. This might not be the case, but we have seen many other shady firms do so.

Once we started looking through the website, immediately produced another message stating that something was wrong, and just lie that, almost all of the site was blocked to us.

We still had the home page open, and through it, we learned just how limited in trading information the broker really is. We found no trace of any tradeable assets, no spreads values, and certainly no leverage cap! The usual leverage is around 1:500 for suspicious brokers, while the spread is always unpredictable!

The website is available in English and German.


The only real thing we can work with here is an alleged registration in the Commonwealth of Dominica. The main thing to note of this place is that, over the last year, it has gained massive popularity among scammer brokers. Its law and status allow it to harbor hundreds of frauds, and it does not have an FX regulator, which at this point is just the cherry on top. might be located there, but it is not licensed there. In fact, it is NOT REGULATED anywhere, and thus we deem this broker a risk to all investments.

Investing in brokers that have no license is a pure waste of funds. You could be doing so much more with your money. Like, say investing in an FCA or CySEC regulated entity where there is a real chance of winning. Not only are all regulated brokers trustworthy, but they also work for the client, always endeavoring to bring the best and most stable trading experience out there, which makes the market very competitive. Furthermore, some regulators, mainly the FCA and CySEC employ fund compensation schemes whose main purpose is to reimburse users at times when the broker cannot pay his clients back, mainly due to bankruptcy. CySEC guarantees up to €20 000 per person, while the FCA guarantees up to £85 000.


As far as we’re concerned, there are two probable options. One is that there is no trading software used here, and the other is that there is one, probably a web trader of some sort, whose value is as worthless as the broker that owns it.

Seeing how limited all the info is, we really do not know what to think. However, judging by what we have, there is really no solid proof for the existence of a trading terminal.


The payment info that follows is taken from the website. We cannot guarantee that it is accurate.

With that said, we will start off on a very disappointing note, in that there is no deposit information revealed anywhere! We find no minimum deposit and no real payment methods.

According to the withdrawal policy, users have to wait a maximum of 10 days to receive their money. Furthermore, we read that the withdrawal methods are credit cards, debit cards, wire transfer, and an unspecified crypto gateway. By following the logical path, these must be the same payment methods used for depositing.

The minimum withdrawal is $250 by bank, and $100 by card.

The terms and conditions also speak of fees, but as is expected from such companies, these charges have not been revealed at all!

Overall, is a complete scam! Do not waste your money here, for there is nothing to gain!

How does the scam work?

The way that scams work is very simple, and it is a surprise that still many people fall for them in this day and age.

What happens is that user clicks on misleading ads on social media or other popular websites, and are there redirected to a scammer broker, an intermediary site, or an investment site that is also a scam. Either way, you are in deep stuff once you enter.

These ads are very alluring, using a number of methods to attract users: beautiful women, luxurious cars and houses, expensive vacations, etc.

Once you enter these sites, the broker will try to convince you to invest, which you should not do! The first investment is usually initiated by the rookie scammers, who will get a large commission out of it, meaning they have a motive to defraud you.

A second deposit is made in the presence of the advanced scammers, or sometimes called account managers. These are sweet talkers and can steal your money without you knowing of it.

There will come a time when the user will start getting suspicious. This mainly happens when one tries to withdraw and fails on multiple occasions. Each scammer broker uses one of many tactics to stop users from withdrawing: stalling the request, shutting down the account, not responding to requests, or at times closing down the entire website!

What to do if scammed?

Chargebacks are your safest bet. Credit and debit card companies have this option for such cases. MasterCard and VISA have a chargeback period of 540 days.

Wire transfer losses are harder to recuperate, however, your bank may have a plan installed just for such scams. Best check with your local bank. And make sure to change your bank account user name and password.

If you have lost your money by means of a crypto deposit, then we have some bad news for you. Please never invest in an unregulated broker through any crypto method.

Finally, you may stumble by accident on a recovery agent or similar person or agency claiming to be able to get your money back. Never trust these, for they are scams on their own, or can sometimes work for the fraudulent broker.

Rich Snippet Data



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