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Day: April 27, 2023

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broker_reviews_manually

Scam Broker TradeCenterFX

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

TradeCenterFX’s website seems okay. It offers trading with the MetaTrader 5 platform, which is a state-of-the-art technology for online trading. However, we’ve received direct complaints about TradeCenterFX from clients of ours who are verified as customers of this broker. We investigated this website and couldn’t find crucial information that would defend this broker. The lack of information is the problem with this broker. 

There Are Some Problems with TradeCenterFX

When we investigated TradeCenterFX, we found they don’t mention any regulator or people who are behind this broker. That’s a real problem. Transparency is essential. No one should open an account with a broker that has no license and doesn’t provide transparency. TradeCenterFX may be alright, but some of our customers don’t think so. 

TradeCenterFX 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
  • Verified customer complaints. 

If You Need Fund Recovery from TradeCenterFX, 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.


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broker_reviews_manually

Scam Broker WXJTE

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

WXJTE definitely wants visitors to the site to know they are the best–or at least that they consider themselves to be. They call themselves the #1 Cryptocurrency platform. Of course, this is just tooting their own horn, but they say they have won awards without showing any news stories or links. The site may be full of claims but lacks information. We don’t know who runs it, the names of the brokers, or even licensing information. Also, when we tried to find out more information, it seemed the information is only for customers with accounts. This means it’s hard to find information ahead of time. 

There Are Some Problems with WXJTE

We haven’t seen that WXJTE has been flagged by any regulators or watchdogs yet, but there are reasons to avoid this broker. There is no sign of licensing, no transparency about trading conditions, and very little to go on with this broker.

WXJTE Was Flagged for the Following:

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

  • Doesn’t seem to have a license
  • Low website trust rating
  • No transparency
  • Verified customer complaints

If You Need Fund Recovery from WXJTE 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.


Best Website For Identifying Scam Crypto Brokers.

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broker_reviews_manually

Scam Broker ProfitRop

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

ProfitRop seems like a typical broker. However, we received a number of complaints about this broker from our clients who are verified customers of this broker. We noticed it has a very low trust rating. Also, there are warnings about this broker because it’s unregulated. We found many more issues with ProfitRop. 

There Are Some Problems with ProfitRop

ProfitRop doesn’t say much about who runs it and there is no transparency about trading conditions. When we clicked on the link that was supposed to give us information about withdrawal rules, it took us to a page that required us to log in. This means that people aren’t given information before they sign up. Also, ProfitRop offers problematic bonuses. They are meant to encourage people to deposit more money, but they put rules in place to make it impossible to withdraw the bonus. This is clearly a bait and switch. 

ProfitRop Was Flagged for the Following:

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

  • No license
  • Low website trust rating
  • Tricky bonuses
  • No transparency
  • Verified customer complaints

If You Need Fund Recovery from ExtremeBizOptions,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.


Best Website For Identifying Scam Crypto Brokers.

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broker_reviews_manually

Scam Broker ExtremeBizOptions

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

ExtremeBizOptions really wants its site visitors to believe it’s licensed. However, it has a funny way of seeming convincing. On its regulation explanation page (why should a company have to explain a license?), it claims to have a license from a US financial entity that doesn’t seem to exist. In fact, they say it was founded by an act of Parliament, but there is no parliament in the United States. It then tries to say it’s licensed to trade on behalf of European customers and has a list of European regulators. However, ExtremeBizOptoins has a disclaimer saying that posting these regulators doesn’t imply that it’s actually regulated by any of them. What we see is merely a description of regulators. 

There Are Some Problems with ExtremeBizOptions

It doesn’t surprise us that ExtremeBizOptions has no license or lengths it goes to in an attempt to prove it is regulated. It’s clear ExtremeBizOptions can’t have a license from any European regulator because it guarantees returns–which no broker can and it offers bonuses. It also encourages customers to refer others, which implies it may be a pyramid scheme. 

ExtremeBizOptions Was Flagged for Any of the Following:

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

 

  • Misleading information about licensing
  • Unlicensed
  • Guarantees returns
  • Offers tricky bonuses. 
  • No transparency
  • Verified customer complaints. 

If You Need Fund Recovery from ExtremeBizOptions,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.


Best Website For Identifying Scam Crypto Brokers.

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Categories
broker_reviews_manually

Scam Broker Algorithm Trade

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

Algorithm Trade makes it clear that customers can make money from highly risky assets like cryptocurrency. The problem with this is it isn’t entirely true. Sure, some people can make some money on cryptocurrency after trial and error, but the majority of novice investors lose money. It’s clear that Algorithm Trade isn’t trying to inform traders or even to help them make money. For instance, on their FAQs, they define Algorithm Trade as “a trade-investment company designed to help investors who have no knowledge of trading to make extra profit in the market.” This doesn’t say anything at all, but it shows a motive to target new investors. 

There Are Some Problems with Algorithm Trade

There are other signs that Algorithm Trade is problematic. They guarantee a daily, weekly, and monthly profit when there is no way a broker can make such promises. They claim to have won awards but don’t show any proof of it. Algorithm Trade has a UK address and yet doesn’t have an FCA license. In fact, they don’t seem to have any license at all. 

Algorithm Trade 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
  • Falsely guarantees returns. 
  • No transparency
  • No terms and conditions
  • Verified customer complaints. 

If You Need Fund Recovery from Algorithm Trade, 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.


Best Website For Identifying Scam Crypto Brokers.

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Categories
broker_reviews_manually

Scam Broker CloudMiningFX

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

CloudMiningFX is one of the few bitcoin mining and crypto brokers who show you actual pictures and names of their team. They also say they have more than 30 years of experience. Since the crypto sector has only been around since 2008, we’re not sure how they can have 30 years of experience in crypto mining. This may mean combined experience but they don’t say so. In any case, there are more worrying issues with CloudMiningFX.

There Are Some Problems with CloudMiningFX

They promise “low risk,” but there is no such thing in the high-risk crypto sector. Also, they promise a set ROI based on account type. No broker or crypto mining service can guarantee an ROI. Additionally, CloudMiningFX has been flagged by The Financial Commission as a suspected scam. In addition, CySEC, the financial regulator in Cyprus has warned the public that CloudMiningFX is falsely claiming it’s regulated by CySEC. This is a good reason to avoid CloudMiningFX. 

CloudMiningFX Was Flagged for Any of the Following:

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

  • False claims of licensing
  • Flagged by The Financial Commission
  • Flagged by CySEC
  • No transparency
  • Tries to guarantee ROI
  • Verified customer complaints. 

If You Need Fund Recovery from CloudMiningFX, 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.


Best Website For Identifying Scam Crypto Brokers.

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Categories
broker_reviews_manually

Scam Broker Vintage Apex Trade

Do You Want to Know If Vintage Apex Trade Is Legitimate or a Scam Broker? 

Vintage Apex Trade tells visitors to its site to “Trade Bitcoin Today” and they promise “The Perfect Solutions.” However, these “solutions” seem far from perfect. On the contrary, The Financial Commission has flagged Vintage Apex Trade as a suspected scam. They have investigated this broker and have flagged it as a potential fraud that is taking money from its customers. We certainly don’t see any reason to doubt this. Vintage Apex Trade doesn’t provide any information that gives us a reason to trust this broker. 

There Are Some Problems with Vintage Apex Trade

Vintage Apex Trade apparently has no license–or it has provided no information about licensing. There are also no names or images of the people who run this broker. When we tried to find the terms and conditions for Vintage Apex Trade, they didn’t provide any, although they have this category on their site. The minimum deposit is insanely high at $300. They may want to make sure people deposit money, but they may not be able to withdraw it. 

Vintage Apex Trade 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
  • Flagged by The Financial Commission
  • No transparency
  • Very high minimum
  • No terms and conditions
  • Verified customer complaints. 

If You Need Fund Recovery from Vintage Apex Trade, 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.


Best Website For Identifying Scam Crypto Brokers.

File Your Crypto Cointrace Now !

File A Complaint
Categories
broker_reviews_manually

Scam Broker CoinExchange

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

CoinExchange offers trading of various trading instruments, including binary options, which are extremely risky. Unlike some of the brokers we’ve investigated as possibly fraudulent, they do release identities and photos of their team, but this information hasn’t been verified. The site seems fairly straightforward and there is an extensive FAQ section. However,  we don’t see any information about licensing. This is a serious problem. Also, we have some detailed and verified complaints about CoinExchange. 

There Are Some Problems with CoinExchange

It’s strange that CoinExchange goes through the effort of filling its website with information, has profiles of its team and yet doesn’t give any licensing information. We can suppose they don’t have a license at all. Our complaints from verified customers are pretty severe. They claim that transactions are fake and even that their account was tampered with. Even if half of the complaints we have heard are true, it’s still a reason to stay away. 

CoinExchange 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
  • Low website trust rating
  • Verified customer complaints. 

If You Need Fund Recovery from CoinExchange, 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.


Best Website For Identifying Scam Crypto Brokers.

File Your Crypto Cointrace Now !

File A Complaint
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