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Day: May 18, 2023

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broker_reviews_manually

Scam Broker CIBFX

Is CIBFX the Real Deal or a Scam Broker?

CIBFX claims to have a license from St. Vincent and the Grenadines, but it’s essentially the same as not having a license at all. St. Vincent and the Grenadines is an offshore regulator that lacks proper oversight for clients. This means that CIBFX can pretty much do as they please without any consequences. They impose a concerning $150 monthly inactivity fee, which can be charged even within the first 30 days of no trading. Furthermore, their terms and conditions state that they have the authority to suspend an account for any reason.

Something’s Up with CIBFX

CIBFX has come under scrutiny from the Financial Conduct Authority (FCA) of the UK. They were flagged because they provided trading services to clients in the UK without obtaining the required license. Additionally, we have noticed numerous complaints about CIBFX, primarily regarding their high fees and the refusal to grant clients access to their accounts. It’s not wise to take the risk of opening an account with a broker that lacks a legitimate license and has been flagged by regulatory authorities.

Here Are Some Problems with CIBFX:

  • Poor licensing

  • No transparency

  • Very high inactivity fee
  • Claims the right to close down accounts
  • Many negative reviews

If You Need Fund Recovery from CIBFX, Talk to Us

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 Galaxy AI Quantitative

Is Galaxy AI Quantitative the Real Deal or a Scam Broker?

Galaxy AI Quantitative has a rather lengthy name and tries to associate itself with the reputable company Galaxy Digital. However, Galaxy Digital, a licensed financial company, has publicly stated that it has no affiliation with Galaxy AI Quantitative. Interestingly, this broker has copied its entire website from another fraudulent broker, suggesting that they may be operated by the same group.

Something’s Up with Galaxy AI Quantitative

Even without knowing that Galaxy AI Quantitative borrowed its name from a licensed broker or copied its web design, it becomes evident that it’s highly likely to be a fake entity. They promise daily returns of 2%, which is quite unrealistic. Legitimate hedge funds generally provide annual returns of around 10%. The unrealistic returns they claim are just one issue; the fact that Galaxy AI Quantitative lacks a license is another concern. Moreover, they entice customers to exchange real currency for a worthless coin called GQT, which is essentially a scam.

Here Are Some Problems with Galaxy AI Quantitative

  • No license

  • No transparency
  • Clone of another broker
  • Guarantees unrealistic returns
  • Many customer complaints

If You Need Fund Recovery from Galaxy AI Quantitative, Talk to Us

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 Tron Mining Farm

Is Tron Mining Farm the Real Deal or a Scam Broker?

The Tron Mining Farm website is straightforward and direct. They immediately dive into the topic of mining Tron cryptocurrency, but they don’t provide a clear explanation of how their trading product functions. In a straightforward manner, they confidently state that individuals who invest a specific amount will unquestionably earn a predetermined level of returns and can withdraw them immediately. This seems like another situation that appears too good to be true. Additionally, they provide incentives for individuals who refer others to sign up. Nevertheless, these referral programs can frequently transform into pyramid schemes.

Something’s Up with Tron Mining Farm

Tron Mining Farm doesn’t mention having a license. In fact, numerous cryptocurrency brokers operate without a license, but that doesn’t imply that evading regulatory oversight is acceptable. When a broker is unlicensed, they are not obligated to provide any form of customer protection. Moreover, according to various reviews, some individuals were able to make a few withdrawals from Tron Mining Farm initially, but afterwards, they lost access to their accounts due to the manipulative practices employed by Tron Mining Farm with smart contracts.

Here Are Some Problems with Tron Mining Farm

  • No license

  • No transparency
  • Guarantees returns
  • Suspicious referral scheme
  • Tricky smart contracts
  • Misleading statements
  • Numerous customer complaints

If You Need Fund Recovery from Tron Mining Farm, Talk to Us

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 PunkCoinFun

Is PunkCoinFun the Real Deal or a Scam Broker?

PunkCoinFun has an attention-grabbing name. It’s definitely not like those traditional and long-standing brokers we often encounter. Interestingly, PunkCoinFun is relatively new compared to many other cryptocurrency entities. However, the question of its legitimacy arises. We couldn’t find any evidence of a license, and the website of PunkCoinFun has a significantly low trust rating. How did it end up with such a rating? Websites associated with suspected scams and receiving numerous customer complaints tend to have low ratings.

Something’s Up with PunkCoinFun

PunkCoinFun doesn’t provide any information about its owners or the people behind it. Maybe they believe that people aren’t interested, but it’s crucial to know the individuals you’re entrusting your money with. While numerous crypto trading platforms operate without licenses, there are many that are regulated. It’s advisable to stick with regulated brokers and steer clear of these unreliable operations that lack proper oversight or, at worst, could be scams.

Here Are Some Problems with PunkCoinFun

  • No license

  • No transparency
  • Brags about offering a dangerous level of leverage
  • Misleading statements
  • Numerous customer complaints
  • Low website trust rating
  • No transparency.

If You Need Fund Recovery from PunkCoinFun, Talk to Us

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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Scam Broker Reuterstrade

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

The homepage of ReutersTrade consists only of a form for signing up. They don’t provide any details about their trading service or what they offer. This means that in order to find out anything, you have to give them your information. It seems like they might be trying to trick people into revealing personal information, which is called phishing. We also looked at other pages on their website, where they make promises of guaranteed returns. However, no broker can actually guarantee specific rates of return for their clients. This raises concerns that ReutersTrade might be operating as a pyramid scheme, where clients earn commissions for referring others.

What’s the Deal with Reuterstrade?

The truth is, there is absolutely no transparency. They don’t provide any information about licenses or the people behind the company. All we have is an address, and that’s it. It appears that this broker is solely interested in taking clients’ money and not focused on providing reliable trading services. Reuterstrade is definitely not the type of broker you should trust and open an account with. Instead, it’s advisable to look for brokers that are regulated and known for their reliability.

Here Are Some Problems with Reuterstrade

  • No license
  • No transparency
  • Misleading statements
  • Guaranteed returns

If You Need Fund Recovery from Reuterstrade,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, and work to track down your funds.


Best Website For Identifying Scam Crypto Brokers.

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Scam Broker FXWinning

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

FXWinning claims to be a reliable broker, but there are several reasons why we should be worried. Firstly, it doesn’t have a license. It is situated in St. Vincent and the Grenadines, where there is no regulatory oversight. Essentially, this region is considered a “safe haven” for various financial scams. We strongly suspect that the same individuals behind a previous cryptocurrency scam, which took millions of dollars from clients, are now running FXWinning. While we don’t have absolute proof, there seems to be a connection between the two crypto scams.

What’s the Deal with FXWinning?

Why should we believe that it might be a fraudulent operation? The straightforward answer is that it lacks a license and operates in an area known for unregulated and suspicious financial activities. It doesn’t seem like a good idea to open an account with an unregulated broker that has questionable associations. Instead, it would be wiser to choose a regulated broker with a trustworthy reputation.

Here Are Some Problems with FXWinning

  • No license
  • No transparency
  • Misleading statements
  • Allegedly connected to another scam broker

If You Need Fund Recovery from FXWinning,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, and work to track down your funds.


Best Website For Identifying Scam Crypto Brokers.

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Scam Broker LegitimateFXTrades

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

We wanted to review LegitimateFXTrades, but we were given two warnings before entering the site. Google wanted us to know that this site is deceptive and it may employ underhanded tactics, such as encouraging us to install software infected with malware or phish information. Since we investigate scams regularly, we know what to look for, but the average customer may dismiss these warnings and end up surrendering their data and their money to a scam broker. 

What’s the Deal with LegitimateFXTrades?

We’ve seen many brokers like these, but few are flagged with these kinds of warnings. They should be, because even brokers that seem legitimate use the same tactics as LegitimateFXTrades. We’re pretty sure this broker adopted the name with the word “legitimate” in it to say, in effect, “No really, we aren’t a scam.” However, it’s pretty clear that if there are 

Here Are Some Problems with LegitimateFXTrades

  • No license
  • Dangerously high leverage
  • High minimum deposit
  • Misleading statements
  • No transparency.

If You Need Fund Recovery from LegitimateFXTrades, Talk to Us

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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broker_reviews_manually

Scam Broker Amaon66

Do You Want to Know If Amaon66 Is Legitimate or a Scam?

Amaon66 looks like it should say Amazon66. They are counting on people just looking very quickly and thinking it’s associated with Amazon. Instead, it’s a scam website that has a phishing warning. When a website has been flagged in this way before you even enter the site, it’s safe to say that it isn’t worth having anything to do with this company or anything it offers. This is a decoy website whose only purpose is to seize personal data and money from people. 

What’s the Deal with Amaon66?

The best way to avoid a decoy website is to take your time and double-check the web address. Scammers are counting on people surfing the web on automatic pilot and just trusting a site that resembles a mainstream broker or merchant. Don’t enter a site that has a warning–it isn’t worth the risk, even for curiosity. Be careful before signing up for any service or giving any website your personal information. 

Here Are Some Problems with Amaon66

  • No license
  • Phishes information from people
  • Decoy website
  • Misleading statements
  • No transparency.

If You Need Fund Recovery from Amaon66, Talk to Us

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 Leading Alliance Ltd

Do You Want to Know If Leading Alliance Ltd Is Legitimate or a Scam?

Right off the bat, Leading Alliance Ltd’s website announces some problems with this broker, even though they are trying to highlight these red flags as advantages. Its leverage is as high as 1:400, the minimum deposit is $1000 and it claims to charge 0.0 spreads. A legitimate broker should have leverage no higher than 1:30 because leverage can endanger traders. The minimum deposit is ten times the average. This kind of high minimum benefits fake brokers who want to lock down funds later on. If spreads are at zero, how can this broker legitimately make money?

What’s the Deal with Leading Alliance Ltd?

Leading Alliance Ltd claims it is “government regulated.” However, it doesn’t show any license. It claims to be backed by leading financial companies and shows logos of Goldman Sachs, Citibank, and Deutsche Bank but this is pure decoration. Leading Alliance Ltd has been flagged as a scam broker that has no license at all. 

Here Are Some Problems with Leading Alliance Ltd

  • No license
  • Dangerously high leverage
  • High minimum deposit
  • Misleading statements
  • No transparency.

What You Should Do If You Have an Account with Leading Alliance Ltd? 

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 Teen Patti Master

Scam alert

Do You Want to Know If Teen Patti Master Is Legitimate or a Scam?

Kids and adults like to play games online. However, when these games steal your money, it’s no fun anymore.  Teen Patti Master has been the topic of many complaints as a suspected fraud. We examined a few of these many complaints and have found some troubling information about this game. Avoid installing it on your phone or computer or playing it and warn your children against it. Not only are these games addictive, but if they are run by fraudsters, they can clean out your funds. 

What’s the Deal with Teen Patti Master?

Many customers who used Teen Patti Master have complained that they were locked out of their accounts and that the game stole their money–sometimes several thousand dollars. Other people have said that there were many unauthorized transactions but the people in charge of the game would do nothing about returning the money. This is concerning, especially since young people are attracted to games like this and can be taken advantage of because they aren’t knowledgeable about scams. Steer clear of Teen Patti Master

Here Are Some Problems with Teen Patti Master

  • No license

  • Verified customer complaints
  • Tends to lock accounts and frequently denies withdrawals
  • No transparency.

If You Need Fund Recovery from Teen Patti Master, Talk to Us

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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