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broker_reviews_manually

Scam Broker Review CryptoNiteTrade

Want to Trade with CryptoNiteTrade? Read This First!

CryptoNight may sound familiar. If you  are involved in crypto mining, you may have heard of the CryptoNight algorithm. However, CryptoNite is something different. It is an unlicensed broker that has been flagged. It is important to check names carefully and to make sure you aren’t being fooled. Often unreliable brokers will adopt a name similar to a legitimate service. They may be trying to deceive people or at least to depend on positive associations to get customers. 

Is CryptoNiteTrade a Scam or Legitimate? 

Whether CryptoNite is trying to make people think about CryptoNight or whether the similarity of the names is coincidental, it is pretty clear that CryptoNite doesn’t have much to offer. CryptoNite is not regulated. There is no reason to trade with an unlicensed broker because there is no oversight. If something goes wrong, it is hard to track them down, whereas if you have a complaint with a licensed broker you can speak to the regulator. 

We Found Problems with CryptoNiteTrade: 

  • No license
  • Flagged by regulators
  • No transparency 
  • Bad reviews

What You Should Do If You Have an Account with CryptoNiteTrade

If you currently hold an account with CryptoNiteTrade, close it and demand an immediate withdrawal of all of your funds. If you do not receive a withdrawal from FunCube, contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!


Best Website For Identifying Scam Crypto Brokers.

File Your Crypto Cointrace Now !

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broker_reviews_manually

Scam Broker Review SNOK Group

Want to Trade with SNOK Group? Read This First!

SNOK Group has earned some comments from regulators–negative comments, that is. The SFC of Hong Kong has issued a warning that SNOK Group is not a legitimate broker. We couldn’t find any information to counter this claim. When our team reviews brokers, we don’t operate on the assumption that no news is good news. In fact, the less you know about a financial service, the more likely it’s shady. 

Is SNOK Group a Scam or Legitimate? 

If you hear something profoundly negative about a broker from a regulator, but can’t find anything to counter it–including licensing information–there is every reason to suspect that the regulator’s warning may be justified. We therefore wouldn’t recommend taking a chance with SNOK Group. Instead, we urge you to research a broker thoroughly before signing up and only trust a regulated financial service. Check regulators’ websites or  reliable financial websites for some names of reliable brokers. 

We Found Problems with SNOK Group: 

  • No license
  • Flagged by regulators
  • No transparency 
  • Bad reviews

What You Should Do If You Have an Account with SNOK Group

If you currently hold an account with SNOK Group, close it and demand an immediate withdrawal of all of your funds. If you do not receive a withdrawal from FunCube, contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!


Best Website For Identifying Scam Crypto Brokers.

File Your Crypto Cointrace Now !

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broker_reviews_manually

Scam Broker Review BitOptionTrade

Want to Trade with BitOptionTrade? Read This First!

BitOptionTrade likes to make big promises. This is a reason to avoid it. In fact, to say this unregulated broker overpromises and underdelivers is an understatement. It promises that clients will make a 350% return on their investment. This is an absurd amount, especially considering that the best broker can usually only help people return 10% annually, but usually less. No broker should be guaranteeing you returns on your investment. There is no way of being sure how the market will go. 

Is BitOptionTrade a Scam or Legitimate? 

In addition to extravagant promises, BitOptionTrade has been flagged as a Ponzi scheme. These crimes involve money just circulating in and out of the broker’s account. No trading actually goes on. Therefore, it is kind of a misnomer to call operations like BitOptionTrade a broker, because that implies they actually trade client funds. We therefore wouldn’t recommend opening an account withBitOptionTrade. 

We Found Problems with BitOptionTrade: 

  • No license
  • Misleading statements about licensing
  • False guarantees
  • No transparency 
  • Bad reviews

What You Should Do If You Have an Account with BitOptionTrade

If you currently hold an account with BitOptionTrade, close it and demand an immediate withdrawal of all of your funds. If you do not receive a withdrawal from FunCube, contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim! 


Best Website For Identifying Scam Crypto Brokers.

File Your Crypto Cointrace Now !

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broker_reviews_manually

Scam Broker Review Midea Investment

Want to Trade with Midea Investment? Read This First!

Midea Investment says it should be safe because it has a license from the FCA and European Authorities. Okay, but where is the proof? Does Midea investment show any evidence of this licensing? We didn’t see this broker mentioned on the regulators’ websites. It is clear that Midea Investment isn’t being honest about its license. This is one huge reason not to trust this broker. Not only does it not have a license, but it tries to deceive the public about its licensing. 

Is Midea Investment a Scam or Legitimate? 

Midea Investment isn’t just misleading people about whether or not it is regulated–this would be bad enough. In addition, it claims its clients get an 85% return on their investments. This is a crazy amount and is out of sync with the usual returns people can expect from brokers. Returns can never be guaranteed, but clients often find they get a 7% to 10% annual return on their portfolio. Obviously, this 85% is unrealistic. 

We Found Problems with Midea Investment: 

  • No license
  • Misleading statements about licensing
  • False guarantees
  • No transparency 
  • Bad reviews

What You Should Do If You Have an Account with Midea Investment

If you currently hold an account with Midea Investment, close it and demand an immediate withdrawal of all of your funds. If you do not receive a withdrawal from FunCube, contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!


Best Website For Identifying Scam Crypto Brokers.

File Your Crypto Cointrace Now !

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broker_reviews_manually

Scam Broker Review WapDigisVip

Is WapDigisVip a Good Broker or a Scam?

We couldn’t find much information about WapDigisVip. Does this mean it’s safe? No, quite the opposite. The less we know about brokers, the more likely they are to be fraudulent. Why? Have you ever looked carefully at the website of a legitimate, regulated broker? You will see proof and validation of licenses, thorough information about services, terms and conditions, names of people who run it, media mentions of the broker and other information. What do we know about WapDigisVip? Very little. 

We Have Some Concerns with WapDigisVip

Any good information, a business or broker will highlight. The fact that, after looking at the website, we see no licenses for WapDigisVip, no names of people who run it, no idea how it really works or its terms and conditions, we have to conclude that WapDigisVip doesn’t empower its clients with information. There is no reason to trade with Wap Digi Vip/ Sign up with a regulated broker instead. 

WapDigisVip Red Flags

  • No license
  • No transparency
  • False claims
  • Bad reviews

What You Should Do If You Have an Account with WapDigVIP?

If you currently hold an account with WapDigVIP, close it and demand an immediate withdrawal of all of your funds. If you do not receive a withdrawal from this broker, contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!


Best Website For Identifying Scam Crypto Brokers.

File Your Crypto Cointrace Now !

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broker_reviews_manually

Scam Broker Review Coinsn Club

Want to Trade with Coinsn Club? Read This First!

Coins Club is similar to many of the brokers we come across–it provides very little information about itself, but plenty of unconvincing promises. People who are new to trading may think that what they are being offered is realistic. In fact, it isn’t. There is no reason to trust any claims made by a broker that doesn’t prove it is licensed and provides very little information about who runs it. Instead, we recommend researching other brokers, at least those that are regulated. 

Is Coinsn Club a Scam or Legitimate? 

Don’t trust brokers who have no license. That is a cardinal rule of trading. There isn’t a good reason for a broker not to at least get some kind of license. It makes no sense. If you are a broker and you want to think that your services are first-rate, why wouldn’t you at least get a license? The logic behind trusting unregistered brokers, therefore, makes no sense. Don’t make the mistake of trusting brokers being like Coinsn Club

We Found Problems with Coinsn Club: 

  • No license
  • Misleading statements
  • Poor web content
  • No transparency 
  • Bad reviews

What You Should Do If You Have an Account with Coinsn Club

If you currently hold an account with Coinsn Club, close it and demand an immediate withdrawal of all of your funds. If you do not receive a withdrawal from FunCube, contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!


Best Website For Identifying Scam Crypto Brokers.

File Your Crypto Cointrace Now !