Want to Trade with EXBANK? Read This First!

EXBANK isn’t a former bank. Its name just happens to be EXBANK. At first, we thought they were a bank and lost their license. This broker certainly doesn’t seem to care about licensing. It doesn’t bother to even mention one. It’s been flagged by the OSC for offering trading without a license, so naturally, it’s not regulated. Still, it wants people to trust their money with them. We have no idea why. 

Is EXBANK a Scam or Legitimate? 

We looked at EXBANK’s website. It claims to be a decentralized platform. Nothing about credentials. On the About Us and Media page, there was only an article about the history of cryptocurrency. This isn’t anything about EXBANK and doesn’t tell us who runs it. Its terms and conditions were mainly in all caps and were concerned with protecting itself against lawsuits and formal complaints. We’d take OSC’s word for it and stay away from this broker. Instead, look for a broker with a license and verifiable professionals behind it. 

We Found Problems with EXBANK: 

• Not regulated
• Negative reviews
• No transparency. 
• No contact information

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

You should close your account immediately and demand a withdrawal. If you do not receive a withdrawal, 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!

Want to Trade with CMCBits? Read This First!

CMCBits is an offshore broker that offers unfair trading conditions. The first red flag is that it says it has a license from St. Vincent and the Grenadines. Brokers located in this area aren’t necessarily scams if they are a branch of a legitimate broker with headquarters in another region. However, CMCBits’ headquarters are supposedly in St. Vincent and the Grenadines, which means that it doesn’t provide any kind of layer of oversight, and there is no regulator that is going to penalize CMCBits directly for ripping off clients. 

Is CMCBits a Scam or Legitimate? 

So what makes us think CMCBits is interested in ripping off clients? We took a look at its terms and conditions. Its spreads are obscenely high at 4.5 pips and it has a crazy minimum fee of $250. Its withdrawal policies show that it is just out for clients’ money. CMCBits charges anywhere from $50 to $300 in withdrawal fees. This is ridiculous. Additionally, if you don’t trade in 30 days, you’ll have to pay a $90 inactivity fee. This is unheard of. Stay away from CMCBits. 

We Found Problems with CMCBits: 

• Not regulated
• Negative reviews
• No transparency. 
• No contact information

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

You should close your account immediately and demand a withdrawal. If you do not receive a withdrawal, 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!

Want to Trade with Trade Union.Pro? Read This First!

Trade Union.Pro isn’t a trade union. It has nothing at all to do with workers or clients. Trade Union.Pro claims to be a broker, but instead, it doesn’t have a license and can’t trade on behalf of anyone. Trade Union.Pro is the kind of operation that parks itself in a country where regulations aren’t strong and then they see what they can get away with it. Don’t trust any broker that doesn’t offer proof of a license. 

IsTrade Union.Pro a Scam or Legitimate? 

Trade Union.Pro isn’t a reliable broker. Not only couldn’t find proof that the broker is regulated, but there isn’t any information about who runs Trade Union.Pro. Lack of transparency is a sign of a scam. The fact it’s unlicensed, lacks transparency and is offshore in a place with lax regulations mean that it could be a fraud. Instead we recommend looking for a regulated broker that has a proof of a license and a strong reputation.

We Found Problems with Trade Union.Pro: 

• Not regulated
• Negative reviews
• No transparency. 
• No contact information

What You Should Do If You Have an Account with Trade Union.Pro? 

You should close your account immediately and demand a withdrawal. If you do not receive a withdrawal, 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!

Want to Trade with Investments Global? Read This First!

Investments Global is a broker we have heard about and looked into. Our clients have complained that this broker has dealt unfairly with them. More than a few of them have said they don’t allow withdrawals. This is a serious offense and is typical of a scam broker. We suspect that Investments Global isn’t a legitimate broker. For one thing, it doesn’t show any proof of a license. That isn’t a good sign.We don’t recommend signing up with any unlicensed broker. 

Is Investments Global a Scam or Legitimate? 

We looked further into Investments Global and found no information about who runs this brokerage or what their terms or conditions are. Every legitimate broker should be transparent about licensing and who is behind the brokerage. We also found many negative reviews in addition to the worrying things our clients have told us about these brokers. We suggest you look for a broker that is regulated and has a solid reputation. 

We Found Problems with Investments Global: 

• Not regulated
• Negative reviews
• No transparency. 
• No contact information

What You Should Do If You Have an Account with Investments Global? 

You should close your account immediately and demand a withdrawal. If you do not receive a withdrawal, 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!