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Day: March 14, 2023

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broker_reviews_manually

Scam Broker Millennium One

Want to Trade with Millennium One? Read This First!

Millennium One is a broker with a flashy website with cool visuals. However, it doesn’t offer any information about who runs this brokerage and it has no license. Millennium One is apparently located in St. Vincent and the Grenadines. Many fake brokers retreat to places like this because they want to avoid regulations. These places provide very little oversight and these brokers feel they can get away with anything. 

Is Millennium One a Scam or Legitimate? 

One example of the kinds of things Millennial One and other offshore brokers do is offer fake bonuses. The idea is to attract clients and then obligate them not to ask for withdrawals until they reach an impossible minimum trading volume. The deal is the clients don’t get their money, including the bonus, until they do a certain amount of trading. This means they won’t get their money back at all. There is no reason to trust this broker. Don’t get taken in by a fancy website or fake bonus. 

We Found Problems with Millennium One: 

  • Not regulated
  • Fake bonuses
  • Offshore broker
  • Negative reviews
  • No transparency. 
  • No contact information

What You Should Do If You Have an Account with Millennium One? 

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!


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Scam Broker Review NYX Trade

Want to Trade with NYX Trade? Read This First!

At first glance, the NYX Trade website looks pretty good. However, it’s content is vague and silly. It is filled with non-sequiturs. One statement doesn’t belong after another. For instance, what do they mean when they say they offer to trade in “the most rated financial markets.” What is that even supposed to mean? NYX Trade has made an impression, but not a good one. The Spanish regulator CNMV has flagged NYX Trade as a fake broker. 

Is NYX Trade a Scam or Legitimate? 

We tried to find out more about NYX Trade. We couldn’t locate names, terms and conditions, or licensing information. We scrolled down and saw these categories listed they certainly weren’t clickable. No indication of who these people actually are was printed elsewhere. We did see huge bonuses to lure people into opening big, expensive accounts. The goal is to encourage people to deposit huge amounts of money and tying up those funds with rules governing bonuses. 

We Found Problems with NYX Trade: 

  • Not regulated
  • Fake bonuses
  • Offshore broker
  • Negative reviews
  • No transparency. 
  • No contact information

What You Should Do If You Have an Account with NYX Trade? 

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!


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broker_reviews_manually

Scam Broker Review RCE Banque

Want to Trade with RCE Banque? Read This First!

RCE Banque has an identity crisis. At first, it doesn’t readily volunteer much about its licensing or location. However, we found on the site that it says it’s registered by CySec but it’s located in St. Vincent and the Grenadines. According to the CySec site, there is no license for RCE Banque–so obviously this claim is false. They may really be located in St. Vincent and the Grenadines. There is almost no real regulation there and many scams are located there to escape oversight. 

Is RCE Banque a Scam or Legitimate? 

It’s pretty clear that RCE Banque is a scam if it isn’t forthright about its licensing. Lying about having a license definitely doesn’t inspire confidence. Also, verified customer complaints say that this broker demands repeated deposits but doesn’t release funds to clients. Also, it offers fake bonuses that are meant to tie up customers’ money. Once they get people to agree to these bonuses, they sign away their right to withdraw without crazy minimum trading amounts. 

We Found Problems with RCE Banque: 

  • Not regulated
  • Fake bonuses
  • Offshore broker
  • Negative reviews
  • No transparency. 
  • No contact information

What You Should Do If You Have an Account with RCE Banque? 

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.

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broker_reviews_manually

Scam Broker Review SGG Invest

Want to Trade with SGG Invest? Read This First!

SGG Invest wants to impress or at least get you to play with its website. It has a cute geometrical puzzle that follows your cursor around and creates lines and angles. The connection with trading? We’re not sure, but they tell us that SGG Invest incorporates technology and trading, which is just a given nowadays. The rest of their web content is vaguely worded. They offer, for instance, trading in the world’s “most famous markets.” Well, that’s better than unknown markets. 

Is SGG Invest a Scam or Legitimate? 

We tried to find names of people who run SGG Invest and couldn’t find any. But they promised to get back to us. There is no way of finding anything meaningful about this broker without surrendering an email address first. This is basically a one-way street. When we searched the site for information about licensing, we found SGG Invest (rather shyly in fine print) said it had a license from CySec, but there was nothing about SGG Invest on the CySec site. In fact, it’s been flagged by the Spanish financial authorities–CNMV. 

We Found Problems with SGG Invest: 

  • Not regulated
  • Flagged by CNMV
  • Negative reviews
  • No transparency. 
  • No contact information

What You Should Do If You Have an Account with SGG Invest? 

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.

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broker_reviews_manually

Scam Broker Review Validus

Want to Trade with Validus? Read This First! 

Validus has a website with people and names on it. That doesn’t mean this is a real staff. The web content is silly. Aside from fluff and meaningless verbiage, it speaks of investing as an extra income stream and that investors should be open to developing new skills. This isn’t a side gig, this is an investment, or should be. Why talk to people as if they are applying for a job? That’s because Validus wants to put its clients to work for the company rather than vice versa. They want them to recruit new clients, which is the essence of a pyramid scheme. 

Is Validus a Scam or Legitimate? 

Validus promises a 300% to 500% return in 13 months. This is silly. Not surprisingly, it’s not licensed and has been flagged by a host of regulators such as ASIC, FMA, and FSMA. The ASIC is very clear about what’s wrong with Validus. It’s unlicensed, it promises an absurd 300% return, it encourages people to fund and withdraw accounts with cryptocurrency, which provides no protection and it’s running a pyramid scheme. Also, there are plenty of fake bonuses and “loyalty program” points to tie up their money. 

We Found Problems with Validus: 

  • Not regulated
  • Flagged by the ASIC, FMA, FSMA
  • Negative reviews
  • No transparency. 
  • Huge and fake guaranteed returns
  • Suspected pyramid schemes

What You Should Do If You Have an Account with Creative Coin? 

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.

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broker_reviews_manually

Scam Broker Review Norden Finance Limited

Want to Trade with Norden Finance Limited? Read This First! 

Norden Finance Limited is a broker that wants you to believe in them. Their web content cries out for this. Their goal is to convince you they are consummate professionals. However, their web content is full of fluff that shouldn’t really convince us of anything. There is no proof of licensing, no credentials, and worse yet, major regulators have flagged this broker. There is no reason to trust this broker. 

Is Norden Finance Limited a Scam or Legitimate? 

Norden Finance Limited has been flagged by the FCA and the FSMA. These are the financial regulators of the United Kingdom and Belgium respectively. These regulators have received many complaints about Norden Finance Limited and they are offering their services without a license Do you need more reasons to stay away from this broker? We hope not. Instead, research regulated brokers and find one that has a strong reputation. 

We Found Problems with Norden Finance Limited: 

  • Not regulated
  • Flagged by the FCA, FSMA
  • Negative reviews
  • No transparency. 
  • Poorly written web content

What You Should Do If You Have an Account with Norden Finance Limited? 

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.

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broker_reviews_manually

Scam Broker Review Creative Coin

Want to Trade with Creative Coin? Read This First! 

Creative Coin has a name that leaves a positive impression. Unfortunately, it indicates they are creative when it comes to licensing. They claim to have a license and also say they are located in London. They even provide an address. However, we have every reason to believe the address and the license is fake. The FCA or the Financial Conduct Authority has flagged Creative Coin as an unregulated broker. Its promises are fake. 

Is Creative Coin a Scam or Legitimate? 

We don’t want to recommend this broker. Any broker that has been flagged by a regulator or has serious questions about its license shouldn’t be on your list of prospective brokers. We don’t think you should take this kind of risk. Instead, research regulated brokers and choose one that has a solid reputation. Always check that a license is legitimate and double check contact information and identities of people working for the company. 

We Found Problems with Creative Coin: 

  • Not regulated
  • Flagged by the FCA 
  • Negative reviews
  • No transparency. 
  • Website has low trust rating

What You Should Do If You Have an Account with Creative Coin? 

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 !

File A Complaint
Categories
broker_reviews_manually

Scam Broker Review Step for Debt Free

Want to Trade with Step for Debt Free / stepfordebtfree.co.uk? Read This First! 

People who are in debt are looking for solutions to get back to even. They may do a search and run across either of these websites–Step for Debt Free / stepfordebtfree.co.uk. Both of these sites have been flagged by the FCA and by the Insolvency Practitioners Association for offering unauthorized services without a license and as suspected fraud. It seems that Step for Debt Free / stepfordebtfree.co.uk is yet another scheme that takes advantage of people when they are vulnerable. The result is that the victims end up deeper and deeper into debt. 

Is Step for Debt Free / stepfordebtfree.co.uk a Scam or Legitimate? 

These are the worst kinds of fraud from an ethical point of view. People who are in debt are trying to seek help and turn their lives around. However, frauds like Step for Debt Free / stepfordebtfree.co.uk take advantage of these people and make money when they can’t afford to lose a cent. The fact that these sites have been flagged by major regulators proves that this isn’t a legitimate operation and should be avoided and stopped. 

We Found Problems with Step for Debt Free / stepfordebtfree.co.uk: 

  • Not regulated
  • Flagged by the FCA and Insolvency Practitioners Association
  • Negative reviews
  • No transparency. 
  • No contact information

What You Should Do If You Have an Account with Step for Debt Free / stepfordebtfree.co.uk? 

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 !

File A Complaint
Categories
broker_reviews_manually

Scam Broker Review CoinMaInvest

Want to Trade with CoinMaInvest? Read This First! 

CoinMaInvest is definitely a dodgy broker. It has been flagged by the FCA and the FSMA. Just looking at the website it’s clear that this isn’t the right kind of broker who will protect your money. The web content is poorly written and looks sub-par. On the site, CoinMaInvest claims to be an “Award Winning Platform” but doesn’t mention the awards it has won. Its content is the definition of fluff–it claims to offer a Win-win-win situation and uses “diverse” as a verb. We understand that this sounds like pedantic criticism, but it’s certainly telling. 

Is CoinMaInvest a Scam or Legitimate? 

This broker claims to offer complete transparency, but it doesn’t provide any names of the people who run this brokerage. There are no addresses and no evidence of a license. The website tells the whole story, but the warnings from regulators should confirm these suspicions. We wouldn’t trust any broker who has no license, has this many inconsistencies on their website and has been flagged by regulators. 

We Found Problems with CoinMaInvest: 

  • Not regulated
  • Flagged by the FCA and FSMA
  • Negative reviews
  • No transparency. 
  • No contact information

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

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 !

File A Complaint
Categories
broker_reviews_manually

Scam Broker Review NASL Claims/NASL Sportline

Scam Alert

Want to Trade with NASL Claims/NASL Sportline? Read This First! 

NASL Claims/NASL Sportline is an example of one of the cruelest types of scams. It takes advantage of people who are in desperate circumstances. This is a clone scam, meaning it takes a name similar to a regulated company. The FCA has flagged NASL Claims/NASL Sportline as a fraud for this reason. The real company is NASL. This is a company that assists accident victims in making their claims so they can get the remuneration they deserve. 

Is NASL Claims/NASL Sportline a Scam or Legitimate? 

There are too many frauds designed to steal money from people who are in difficult circumstances. These include benefits frauds, social security scams, and charity schemes. This is yet another one. People who need assistance with getting compensation shouldn’t be cheated yet again. This emphasizes the importance of researching services before using them. Make sure you are using the licensed service and check the name carefully before entrusting your money or data. 

We Found Problems with NASL Claims/NASL Sportline: 

  • Not regulated
  • Flagged by the FCA
  • Clone scam
  • Negative reviews
  • No transparency. 
  • No contact information

What You Should Do If You Have an Account with NASL Claims/NASL Sportline? 

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 !

File A Complaint
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