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broker_reviews_manually

Scam Broker TradingBinance

Want to Trade with TradingBinance? Read This First!

If you’ve heard of Binance, the first thing we can tell you is that TradingBinance has nothing to do with Binance. They are just using the name to try to generate interest. This is a cheap tactic used by many unregistered brokers. They will use a name that sounds similar to a popular financial company. It’s like ripping off someone else’s branding. However, TradingBinance is even worse than this. 

Is TradingBinance a Scam or Legitimate? 

In addition to trying to profit from Binance’s name, TradingBinance has been flagged by the SEC and has no license. When you think about it, its name is nonsensical. No one trades Binance. They may trade cryptocurrencies, but not a crypto platform. The website seems okay, but it claims to help people achieve financial stability. People shouldn’t trade risky assets unless they are already financially stable. That is important to keep in mind before trading. Also, look for a broker with a license, not a broker like TradingBinance

We Found Problems with TradingBinance: 

  • Not regulated
  • Flagged by the SEC
  • Trying to cash in on the Binance name
  • Negative reviews
  • No transparency. 

What You Should Do If You Have an Account with TradingBinance

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 Tron Trade Options

Want to Trade with Tron Trade Options? Read This First!

Tron Trade Options may sound impressive. Tron isn’t just a failed 80s science fiction film. It’s a decentralized blockchain that has its own cryptocurrency. Many people who are interested in digital currencies may not be familiar with Tron. However, they may have heard of it. We see many unlicensed brokers like Tron Trade Options using a flashy names to try to give an impression they are experts. However, without a license to back it up, there is no reason to trust them. 

Is Tron Trade Options a Scam or Legitimate? 

One reason why Tron Trade Options may not feel they need to have a license or tell us who they are is they may be big believers in a decentralized blockchain. Who needs regulators when everything is going to be peer-to-peer and decentralized? Who needs to mention identities on the anonymous blockchain? We can see what effects a lack of transparency and licensing has had on the crypto sector. Yet again, a company uses the blockchain as a subterfuge to hide its dodgy activities. 

We Found Problems with Tron Trade Options: 

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

What You Should Do If You Have an Account with Tron Trade Options? 

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 UltraFX Smart Trades

Want to Trade with UltraFX Smart Trades? Read This First!

UltraFX Smart Trades has a social media presence. We can’t say the same for its website. On its Facebook page, it shows a web address, but the site can’t be accessed. That doesn’t seem to bother the broker. They have plenty of people who will go on social media claiming that UltraFX Smart Trades made them a lot of money. One testimonial claimed that their money increased 10X in just one week. That’s a fluke, but it isn’t something people should count on. However, UltraFX Smart Trades really expects people to believe this stuff. 

Is UltraFX Smart Trades a Scam or Legitimate? 

The SEC has warned the public about UltraFX Smart Trades. It offers trading without a license. People have complained that UltraFX Smart Trades finds people on social media, signs them up to trade, convinces them they make a huge profit, asks for additional deposits, and then blocks them. This seems like a terrible scam and it should be avoided. 

We Found Problems with UltraFX Smart Trades

  • Not regulated
  • SEC warning
  • Fake claims about licensing
  • Very exaggerated claims 
  • Negative reviews
  • No transparency. 
  • No contact information

What You Should Do If You Have an Account with UltraFX Smart Trades

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 UltraCryptoMine

Want to Trade with UltraCryptoMine? Read This First!

Crypto mining isn’t easy. That’s why many people want to invest in it rather than get directly involved. There are many legitimate bitcoin mining investment opportunities. UltraCryptoMine isn’t one of them. First of all, they’ve been flagged by the SEC. When we visit the website, we can certainly understand why. There is no information about the people who run it. The web content is silly and cliched. It’s also sinister and encourages people to think of bitcoin mining trading as a way to make a living rather than a high-risk investment. 

Is UltraCryptoMine a Scam or Legitimate? 

The minimum deposit is huge–thousands of dollars. That’s a lot to ask for a fake, badly worded contract that benefits only the broker and not the client. The vague language would enable the broker to basically do whatever they want and go so far as not to allow client withdrawals. They offer bonuses that are intended to tie up client accounts and keep them from getting their money. Stay away from this scam. 

We Found Problems with UltraCryptoMine: 

  • Not regulated
  • SEC warning
  • Poor web content
  • Dodgy terms and conditions
  • Negative reviews
  • No transparency. 

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

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 Universal Forex Trades

Want to Trade with Universal Forex Trades? Read This First!

Some brokers just keep tooting their own horn. They make up stuff without the shame of being caught. Universal Forex Trades tells plenty of tall tales. It’s almost amusing. Their website boasts that Universal Forex Trades is a “big, fair, human broker.” It claims to have licenses from ASIC, IFSC, and CySEC. We checked with these websites and it doesn’t hold any of these licenses. 

Is Universal Forex Trades a Scam or Legitimate? 

In addition, Universal Forex Trades claims to have 2.5 million clients, which is impossible–or at least impossible to do ethically. It claims to have clients from 196 countries, but even its triple licenses don’t cover 196 countries. It’s impossible to see how a broker that is spread so thin can offer the personal attention it promises. There are many verified customers reviews that Universal Forex Trades encourages people to trade, shows fake gains, gets them to deposit more and then runs off with the money. 

We Found Problems with Universal Forex Trades: 

  • Not regulated
  • Fake claims about licensing
  • Very exaggerated claims 
  • Negative reviews
  • No transparency. 
  • No contact information

What You Should Do If You Have an Account with Universal Forex Trades? 

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 Utmost Open Trades

Do You Want to Know If Utmost Open Trades Is Legitimate or a Scam Broker? 

Utmost Open Trades is a strange name for a broker. Are they trying to say they are really transparent? It certainly doesn’t say anything about who runs the brokerage or licensing. It isn’t open in that sense. Whatever the name is supposed to mean, it should be familiar to people who pay attention to SEC warnings, since the SEC has warned the public about Utmost Open Trades

There Are Some Problems with Utmost Open Trades

Utmost Open Trades likes to represent itself as an upper-crust broker. It says its focus clients are people who want an income from their investments. For this reason, they have sky-high minimum rates for accounts. The cheapest account is $1,000. The broker guarantees monthly returns, which of course, is impossible. Worst of all, they clearly state in their terms and conditions that withdrawal, “Depends on the period, as specified on your investment plan. Each package is unique and has a specified time limit to access profit.” Nonsense. If you’ve truly made money, you should be able to withdraw from your account. This is definitely not okay. 

Red Flags that Utmost Open Trades Could Be a Scam Broker

  • No license
  • Flagged by SEC
  • Guaranteed returns
  • Ridiculous rules about withdrawing money
  • No transparency
  • Misleading statements
  • Bad reviews

If You Need Fund Recovery from Utmost Open Trades, Talk to Us

We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with this broker close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.


Best Website For Identifying Scam Crypto Brokers.

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Scam Broker TradeWebExchange

Want to Trade with TradeWebExchange? Read This First!

TradeWebExchange is the example of a clone broker. This means the broker adopts a remarkably similar name to a regulated broker. The goal is to confuse would-be traders and to encourage them to regard the fraudulent broker as the real one. That’s one reason it’s important to check the name of the broker, and the web address and to make sure you are dealing with the right one. Don’t be fooled by a similar-sounding name. 

Is TradeWebExchange a Scam or Legitimate? 

Why does TradeWebExchange have to pretend to be TradeWeb? Because TradeWebExchange has no license, otherwise they would show evidence of one. They must not have people with strong credentials running the brokerage, or else they would show their pictures and mention their history in the financial industry. It’s abundantly clear that TradeWebEx is a fraud. Instead, research regulated brokers and make sure you are dealing with a broker that has a license and a good reputation. 

We Found Problems withTradeWebExchange: 

  • Not regulated
  • Clone broker
  • Trying to cash in on the Binance name
  • Negative reviews
  • No transparency. 

What You Should Do If You Have an Account with TradingBinance

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 Willow Stream Capital

Want to Trade with Willow Stream Capital? Read This First!

Willow Stream Capital rings a bell. It’s a very similar name to Willow Creed Advisors. In 2018, the SEC closed down this brokerage because of fraudulent activity. Its founder, Nicholas Joseph Genovese didn’t disclose former bankruptcy or former convictions of grand larceny and forgery. He was charged with making false and misleading claims to investors–including about market cap and fund returns and for misattributing client funds. So what does this have to do with Willow Stream Capital?

Is Willow Stream Capital a Scam or Legitimate? 

Broker scams often reinvent themselves and not very creatively. They may reappear after having faced charges and being closed down. Many of them don’t bother to change their names very dramatically. It’s not such a stretch to think that Willow Stream capital may be Willow Creek Advisors. It seems the SEC is on to them–the SEC has flagged Willow Stream Capital for offering trading without a license, which is reason enough to stay away. 

We Found Problems with Willow Stream Capital: 

  • Not regulated
  • Flagged by the SEC
  • Suspected as “recycled” broker scam
  • Negative reviews
  • No transparency. 
  • No contact information

What You Should Do If You Have an Account with Willow Stream Capital? 

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 !