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broker_reviews_manually

Scam Broker Review Olympus Markets

Want to Trade with Olympus Markets? Read This First!

Olympus Markets talks a big game. We wonder if they adopted the name Olympus because they feel as if they are somehow divine. This broker says it’s award-winning, but won’t say which award. Realistically, when someone wins an award of some kind, usually they are eager to show proof of it. That’s why it’s so strange that we don’t see any more information about it. Although Olympus Markets has a license, it’s from Vanuatu, which is a third-rate regulator with no oversight. This hasn’t stopped the Italian regulator CONSOB from flagging Olympus Markets as a suspected scam. 

Is Olympus Markets a Scam or Legitimate? 

Olympus Markets has an unusually high deposit of $250. It also provides bonuses, but these bonuses are traps and illegal. That is one sign that its license isn’t worth the paper it’s written on. Regulators don’t allow these bonuses, because there are often tricks to them. One issue with Olympus Markets is that they don’t readily allow withdrawals. This broker doesn’t offer any live chat or communication. 

We Found Problems with Olympus Markets: 

  • Third rate degree
  • Uses the bonus and withdrawal requirement bait and switch
  • Flagged by CONSOB
  • Unverified statements
  • No transparency. 
  • No contact information

What You Should Do If You Have an Account with Olympus Markets? 

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!


Best Website For Identifying Scam Crypto Brokers.

File Your Crypto Cointrace Now !

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broker_reviews_manually

Scam Broker Review Saga Trade

Want to Trade with SagaTrade? Read This First!

SagaTrade is famous–or rather, infamous. It has been flagged may many regulators. There’s a virtual alphabet soup of regulator warnings from all over the globe–FCA, FSMA, FMA, CONSOB, OSC, and CNMV. Why has SagaTrade gotten this kind of negative attention? It’s unregulated and engages in highly problematic practices. More than one customer has complained about SagaTrade asking for complete control of accounts and even asking them to install software that allows them to control the client’s computer. 

Is SagaTrade a Scam or Legitimate? 

SagaTrade claims it offers trading of CFDs, crypto, stocks, commodities, and forex. It also says that customers can use MetaTrader 4 and 5. However, customers report that there was no offer of MetaTrader, but a web-based platform that allows the broker complete control–even to create the illusion that trading is happening. If no trading is going on, it doesn’t matter what asset classes SagaTrade says it offers. This is not a trustworthy broker. 

 

We Found Problems with SagaTrade:

  • Not regulated
  • Flagged by FCA, FSMA, FMA, CONSOB, OSC, and CNMV
  • Aggressive and exploitative practices. 
  • No transparency. 
  • No contact information

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

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!


Best Website For Identifying Scam Crypto Brokers.

File Your Crypto Cointrace Now !

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broker_reviews_manually

Scam Broker Review Prime Oakmont

Want to Trade with Prime Oakmont? Read This First!

When we hear the name “Prime Oakmont” we think of elegant wood desks and a beautiful woodland view from the office. However, other people think of a broker scam. There was a previous scam with a similar name, and it’s not unheard of for accused forex and crypto scams to strike again. This unregulated broker is located in Seychelles, which is known for its lax regulation. However, customers won’t know where this broker is located or their identities. 

Is Prime Oakmont a Scam or Legitimate? 

Customers reported that Prime Oakmont brokers use aggressive tactics and offer bonuses. It should be noted that no regulated brokers offer trading bonuses. Also, they tell their customers that they are making a million dollars but won’t let them withdraw their “winnings.” These aren’t winnings at all, but they are the result of fake trading on a web-based platform. There are many warning signs with this broker–they have been flagged by several regulators, and have a high minimum deposit and high leverage. 

We Found Problems with Prime Oakmont:

  • Not regulated
  • Flagged by the OSC and the BCSC
  • Aggressive manner
  • Fake, web-based platform
  • High minimum deposit, high leverage
  • No transparency. 

What You Should Do If You Have an Account with Prime Oakmont? 

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!


Best Website For Identifying Scam Crypto Brokers.

File Your Crypto Cointrace Now !