Day: April 27, 2023

Do You Want to Know If Heroex Is Legitimate or a Scam Broker? 

If you’ve encountered Heroex and are wondering if you should open an account, or if you’ve lost money to this broker, read this review first. We have reason to believe that this broker could be a scam. There are questions about its license, it’s been flagged for questionable activities and we have heard firsthand from our customers that they have lost money to this broker. 

There Are Some Problems with Heroex 

We’d like to investigate Heroex further but their site has been deactivated. Brokers often do this after they have been called out by a regulator for suspicious activity or if they’ve received a huge volume of complaints. Many of these brokers reappear later. They may re-activate their sites or change their names. It’s important to stay alert to these types of brokers and be aware they may be problematic

Heroex Was Flagged for Any of the Following:

The following are common reasons brokers get flagged by regulators or identified by customers as scams

• No license
• No transparency
• Aggressive tactics
• Strange terms and conditions
• Abnormally high fees
• Misleading statements
• Guarantees returns
• Suspicious bonuses
• Verified customer complaints. 

If You Need Fund Recovery from Heroex, 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 CryptoCoinTrace right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.

Do You Want to Know If Bitway Finance Is Legitimate or a Scam Broker? 

Bitway Finance is a broker that doesn’t seem to have a license. We also have received direct complaints about Bitway Finance. They don’t tell us who runs this brokerage and don’t provide any names or credentials. Transparency is important–that’s why it’s essential to know who you are dealing with before you open a trading account. Bitway Finance doesn’t provide this information, and that’s a problem. 

There Are Some Problems with Bitway Finance

We also notice that Bitway Finance has levels of guaranteed returns for investors. No broker should be guaranteeing returns. Markets are uncertain and broker can promise that their clients will make certain amounts of money.  For all of these reasons, we can’t recommend Bitway Finance. We don’t feel this is a reliable broker. 

Bitway Finance Was Flagged for Any of the Following:

The following are common reasons brokers get flagged by regulators or identified by customers as scams

• No evidence of a license
• No transparency
• False guarantees of returns
• Verified customer complaints. 

If You Need Fund Recovery from Bitway Finance, 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 CryptoCoinTrace right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.

Do You Want to Know If SwiftPayOption Is Legitimate or a Scam Broker? 

If you’ve encountered this broker and are wondering if you should open an account, or if you’ve lost money to this broker, read this review first. We have reason to believe they could be a scam. There are questions about its license, it’s been flagged for questionable activities and we have heard firsthand from our customers that they have lost money to this broker. 

There Are Some Problems with SwiftPayOption

We’d like to investigate Heroex further but their site has been deactivated. Brokers often do this after they have been called out by a regulator for suspicious activity or if they’ve received a huge volume of complaints. Many of these brokers reappear later. They may re-activate their sites or change their names. It’s important to stay alert to these types of brokers and be aware they may be problematic

SwiftPayOption Was Flagged for Any of the Following:

The following are common reasons brokers get flagged by regulators or identified by customers as scams

• No license
• No transparency
• Aggressive tactics
• Strange terms and conditions
• Abnormally high fees
• Misleading statements
• Guarantees returns
• Suspicious bonuses
• Verified customer complaints. 

If You Need Fund Recovery from SwiftPayOption, 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.

Do You Want to Know If DTC24 Is Legitimate or a Scam Broker? 

If you’ve encountered this broker and are wondering if you should open an account, or if you’ve lost money to this broker, read this review first. We have reason to believe they could be a scam. There are questions about its license, it’s been flagged for questionable activities and we have heard firsthand from our customers that they have lost money to this broker. 

There Are Some Problems with DTC24

We’d like to investigate Heroex further but their site has been deactivated. Brokers often do this after they have been called out by a regulator for suspicious activity or if they’ve received a huge volume of complaints. Many of these brokers reappear later. They may re-activate their sites or change their names. It’s important to stay alert to these types of brokers and be aware they may be problematic

DTC24 Was Flagged for Any of the Following:

The following are common reasons brokers get flagged by regulators or identified by customers as scams

• No license
• No transparency
• Aggressive tactics
• Strange terms and conditions
• Abnormally high fees
• Misleading statements
• Guarantees returns
• Suspicious bonuses
• Verified customer complaints. 

If You Need Fund Recovery from DTC24, 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.

Do You Want to Know If SmartTradeCoin Is Legitimate or a Scam Broker? 

If you’ve encountered Heroex and are wondering if you should open an account, or if you’ve lost money to this broker, read this review first. We have reason to believe that this broker could be a scam. There are questions about its license, it’s been flagged for questionable activities and we have heard firsthand from our customers that they have lost money to this broker. 

There Are Some Problems with SmartTradeCoin

We’d like to investigate Heroex further but their site has been deactivated. Brokers often do this after they have been called out by a regulator for suspicious activity or if they’ve received a huge volume of complaints. Many of these brokers reappear later. They may re-activate their sites or change their names. It’s important to stay alert to these types of brokers and be aware they may be problematic

SmartTradeCoin Was Flagged for Any of the Following:

The following are common reasons brokers get flagged by regulators or identified by customers as scams

• No license
• No transparency
• Aggressive tactics
• Strange terms and conditions
• Abnormally high fees
• Misleading statements
• Guarantees returns
• Suspicious bonuses
• Verified customer complaints. 

If You Need Fund Recovery from SmartTradeCoin, 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 CryptoCoinTrace right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.

Do You Want to Know If Crown Capital Is Legitimate or a Scam? 

Crown Capital is based in Indonesia. It’s supposed to have a license from the financial authorities based in Jakarta, but it doesn’t. In addition, it’s been flagged by numerous regulators, including the FCA of the United Kingdom. Some of our customers have complained about this broker and have said they were encouraged to make deposit after deposit, yet they couldn’t withdraw their money. We’re not surprised to hear this about an unlicensed broker. 

There Are Some Problems with Crown Capital

We can’t recommend Crown Capital. The company that runs this broker, Crown Capital Management has been flagged by the FCA for offering trading services without a license. They often use aggressive tactics, such as unsolicited calls and email spam. We wouldn’t take a chance trading with Crown Capital. Instead, look for a regulated broker with a good reputation. 

Red Flags that Crown Capital Could Be a Scam Broker

• Not licensed
• Flagged by the FCA
• No transparency
• Verified customer complaints

What You Should Do If You Have an Account with Crown 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!

Do You Want to Know If TradeFXLtd Is Legitimate or a Scam? 

TradeFXLtd claims to have been around for 100 years and says they have 7,000 employees. We are skeptical about these claims since they are made briefly on the homepage, and we don’t see any more information about this broker or the people behind it. Also, we don’t see evidence of a license. Some of our clients have complained about TradeFXLtd, and we don’t have any reason to doubt this, given the lack of transparency. 

There Are Some Problems with TradeFXLtd

TradeFXLtd’s terms and conditions were also problematic. They basically have a non-legal document claiming they reserve the right to change any trading conditions, commission or other factors without notice. It also seems eager to evade responsibility for losses and other problems. This doesn’t look good. We don’t think it’s worth taking a risk with TradeFxLtd. Instead, research regulated broker with transparency and keep your money safer. 

Red Flags that TradeFXLtd Could Be a Scam Broker

• No evidence of license
• No transparency
• Unconvincing claims. 
• Verified customer complaints

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

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!

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

CoinOne is a Korean crypto broker whose site is mainly in Korean but can be translated into English. We noticed that the broker offers incentives and high leverage. Both can be dodgy, particularly if a broker doesn’t have a license. We haven’t seen any proof that Coinone is licensed, nor do we have information of the people who founded this broker and run it today. 

There Are Some Problems with Rave Coinone

The problem with bonuses and incentives is often they are used merely to lure customers and can even tie up their money so they won’t be able to withdraw it. We aren’t sure if that is what’s going on in this case, but they offer no transparency to allay our suspicion. Also, beware of high leverage and encouragement to trade on the margin. If a customer trades with money they don’t have, they can easily lose more than all of it and even be in the broker’s debt. 

CoinoneTrades Was Flagged for Any of the Following:

The following are common reasons brokers get flagged by regulators or identified by customers as scams

• No license
• No transparency
• High leverage
•  Suspicious bonuses
• Verified customer complaints. 

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

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!

Do You Want to Know If Cryptonity Is Legitimate or a Scam Broker? 

Cryptonity is a puzzling site. When we visit, we are immediately presented with a pop-up offering a free gift. When we minimize the pop use, we don’t see any information about this trading, just a list of values of various crypto coins and a list of services, such as trading and mining. When we click on these services, we aren’t given information. Instead, we are instructed to give our data. Of course, it’s not sensible to surrender any of this information. We aren’t surprised that Cryptonity has been flagged by a number of our customers. Also, we don’t have any proof of licensing. 

There Are Some Problems with Cryptonity

Cryptonity doesn’t bother to let us know who they are or whether or not they are qualified to offer trading. We don’t feel secure recommending this broker. When signing up with a broker, it’s important to insist on licensing, transparency and information about trading services. Don’t settle for a broker that doesn’t provide these. 

Cryptonity Was Flagged for Any of the Following:

The following are common reasons brokers get flagged by regulators or identified by customers as scams

• No evidence of a license
• Lures people with gift offers
• No transparency
• Verified customer complaints. 

If You Need Fund Recovery from Cryptonity, 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.

Do You Want to Know If Bitflyingex Is Legitimate or a Scam Broker? 

Bitflyingex calls itself the “world’s leading digital asset platform.” We don’t know what this is based on. Claims that involve this kind of hype should raise questions. The site looks fine, except we don’t have vital information. For instance, we should know the names of the people who run this brokerage. We should also see some licensing information. None of this is provided. Instead, the customer is in the dark about who actually has their money. 

There Are Some Problems with Bitflyingex

In addition to the lack of transparency, there are other things that bother us about this broker. Bitflyingex tries to encourage people to borrow money. That is clearly a potential hazard. Often fraudulent brokers try to get people to borrow money or trade on the margin so they won’t have to allow withdrawals. This is tricky and isn’t a good sign. 

Bitflyingex Was Flagged for Any of the Following:

The following are common reasons brokers get flagged by regulators or identified by customers as scams

• No evidence of a license
• No transparency
• Loans traders money
• Verified customer complaints. 

If You Need Fund Recovery from Bitflyingex, 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 CryptoCoinTrace right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.