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The New Vision Sàrl Broker Review

If you are looking for a reliable and trustworthy broker to invest your money with, you might have come across The New Vision Sàrl, a company that claims to offer high returns and low risks. But before you sign up with them, you should be aware of some red flags that indicate that they might not be as legitimate as they seem.

First of all, The New Vision Sàrl is not regulated by any reputable authority, such as the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, or the Australian Securities and Investments Commission (ASIC) in Australia. This means that they are not subject to any rules or standards that protect the interests and rights of investors. If something goes wrong, you will have no recourse or compensation.

Secondly, The New Vision Sàrl does not provide any verifiable information about their background, history, or credentials. Their website is vague and generic, with no details about their founders, team, location, or contact details. They also do not disclose their trading conditions, such as spreads, commissions, leverage, or minimum deposit. This makes it hard to evaluate their performance and trustworthiness.

Thirdly, The New Vision Sàrl has been accused of using aggressive and misleading marketing tactics to lure unsuspecting customers. They have been reported to make unsolicited calls and emails, promising unrealistic profits and bonuses, and pressuring people to deposit more money. They have also been known to manipulate their trading platform, delay withdrawals, and ignore complaints.

All these signs point to the fact that The New Vision Sàrl is not a legitimate broker, but a scam that aims to defraud investors of their hard-earned money. Therefore, we advise you to avoid them at all costs and look for a regulated and reputable broker instead.

What to Do If You’ve Lost Money with The New Vision Sàrl?

If you have been scammed by The New Vision Sàrl or any other broker, you’ll want to seek assistance from cryptocointrace.com immediately. Our experts will consult with you and bolster your claim to help you get your money back. Cryptocointrace.com is a leader in recovering your funds and will help you retrieve your funds from a broker scam.


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XTREMEPLC Broker Review

XTREMEPLC is a forex and CFD broker that claims to offer a wide range of trading instruments, low spreads, fast execution, and excellent customer service. But are they really trustworthy or just another scam? In this blog post, we will review XTREMEPLC and see if they are worth your time and money.

First of all, let’s look at their regulatory status. XTREMEPLC is owned and operated by a company called XTREMEPLC Ltd, which is registered in St. Vincent and the Grenadines. This is a notorious offshore jurisdiction that does not have any serious financial oversight or consumer protection. This means that XTREMEPLC is not licensed or regulated by any reputable authority, and therefore, they can operate as they please without any accountability or transparency.

This is a huge red flag, as it exposes traders to a high risk of fraud and abuse. There is no guarantee that XTREMEPLC will keep your funds safe, segregate them from their own, or honor your withdrawal requests. In fact, there are many complaints online from customers who claim that XTREMEPLC has denied them access to their money, manipulated their trades, or closed their accounts without explanation.

Another thing that raises suspicion about XTREMEPLC is their trading conditions. They offer four types of accounts: Basic, Silver, Gold, and Platinum. The minimum deposit for the Basic account is $250, which is higher than the industry average of $100. The spreads are also very high, starting from 3 pips for the EUR/USD pair. This means that you will pay more in fees and commissions than you would with a more competitive broker.

Moreover, XTREMEPLC does not provide any information about their trading platform, leverage, or payment methods. They only mention that they support MetaTrader 4, but they do not provide any download links or screenshots of their platform. They also do not disclose what leverage they offer, which could be dangerously high and lead to significant losses. And they do not specify what payment methods they accept or what fees they charge for deposits and withdrawals.

All in all, we do not recommend trading with XTREMEPLC. They are an unregulated and unprofessional broker that does not have anything to offer to traders. They are likely a scam that will try to lure you in with false promises and then rip you off. You should avoid them at all costs and look for a more reliable and reputable broker instead.

What to Do If You’ve Lost Money with XTREMEPLC?

If you have been scammed by XTREMEPLC or any other broker, you’ll want to seek assistance from cryptocointrace.com immediately. Our experts will consult with you and bolster your claim to help you get your money back. Cryptocointrace.com is a leader in recovering your funds and will help you retrieve your funds from a broker scam.


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Denoxtrade Invest Broker Review

Denoxtrade is a forex and CFD broker that claims to offer a variety of trading instruments, platforms and account types. However, there are some red flags that indicate that this broker may not be trustworthy or reliable. In this review, we will examine the evidence and expose the potential scam behind Denoxtrade.

First of all, Denoxtrade is not regulated by any reputable authority, such as the FCA in the UK, the ASIC in Australia, or the CySEC in Cyprus. This means that the broker operates without any oversight or accountability, and can manipulate the trading conditions, prices and spreads to their advantage. Moreover, unregulated brokers are often involved in fraudulent activities, such as identity theft, money laundering, or withholding clients’ funds.

Secondly, Denoxtrade does not provide any information about its trading conditions, such as the leverage, spreads, commissions, or minimum deposit. This is a sign of a lack of transparency and professionalism, and it also makes it impossible for traders to compare the broker’s offer with other competitors. Furthermore, Denoxtrade does not disclose its payment methods or withdrawal policies, which raises doubts about the security and convenience of depositing and withdrawing money from this broker.

Thirdly, Denoxtrade has a very negative reputation among online users and reviewers. There are numerous complaints and warnings about this broker on various forums and websites, such as Trustpilot, Forex Peace Army, and Scamadviser. Many clients report that they have been scammed by Denoxtrade, who refused to process their withdrawal requests, closed their accounts without explanation, or stopped responding to their emails and calls. Some clients even claim that they have lost thousands of dollars to this broker.

In conclusion, we advise you to stay away from Denoxtrade and avoid investing your money with this broker. There are many other regulated and reputable brokers that offer better trading conditions and services, and that respect their clients’ rights and interests. Denoxtrade is not a legitimate broker, but a scam that should be avoided at all costs.

What to Do If You’ve Lost Money with Denoxtrade?

If you have been scammed by  Denoxtrade or any other broker, you’ll want to seek assistance from cryptocointrace.com immediately. Our experts will consult with you and bolster your claim to help you get your money back. Cryptocointrace.com is a leader in recovering your funds and will help you retrieve your funds from a broker scam.


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Coin Wealth Invest Broker Review

If you are looking for a reliable and trustworthy broker to invest your money in the cryptocurrency market, you might have come across Coin Wealth Invest. This broker claims to offer a variety of services and features, such as low fees, high leverage, fast execution, and access to multiple coins and platforms. But are they really as good as they sound, or are they a scam that will rip you off?

In this blog post, we will review Coin Wealth Invest and examine their background, reputation, regulation, trading conditions, customer support, and security. We will also compare them with some of the best brokers in the industry and give you our honest opinion on whether you should trade with them or not.

Background and reputation

Coin Wealth Invest is a relatively new broker that was established in 2021. According to their website, they are based in London, UK, and have offices in Hong Kong, Singapore, and Dubai. They claim to have over 50,000 clients worldwide and to process over $1 billion in trading volume per month.

However, there is very little information available about their company history, ownership, or team. Their website does not provide any details about their registration number, address, or contact information. They also do not have any social media presence or online reviews from other traders. This raises some red flags about their credibility and transparency.

Regulation and security

One of the most important factors to consider when choosing a broker is their regulation and security. A regulated broker is subject to the rules and oversight of a reputable financial authority, such as the FCA in the UK or the ASIC in Australia. This ensures that they comply with high standards of conduct, protection, and fairness for their clients.

A regulated broker also keeps their clients’ funds in segregated accounts at reputable banks, which means that they cannot use them for their own purposes or mix them with their own money. They also provide compensation schemes that cover their clients in case of insolvency or fraud.

Unfortunately, Coin Wealth Invest is not regulated by any authority. They do not have a license to operate in any jurisdiction, which means that they are operating illegally and without any supervision. This exposes their clients to a high risk of losing their money or being scammed.

Moreover, Coin Wealth Invest does not provide any information about their security measures or encryption protocols. They do not mention how they protect their clients’ personal and financial data from hackers or identity thieves. They also do not offer any insurance or guarantees for their clients’ funds.

Trading conditions and platforms

Coin Wealth Invest claims to offer competitive trading conditions and platforms for their clients. They claim to offer low spreads, high leverage, fast execution, and no commissions or hidden fees. They also claim to offer access to over 100 coins and tokens, as well as multiple trading platforms, such as MetaTrader 4, MetaTrader 5, WebTrader, and MobileTrader.

However, these claims are not backed by any evidence or verification. Coin Wealth Invest does not provide any live or demo accounts for their clients to test their services or platforms. They also do not provide any trading tools or educational resources for their clients to improve their skills or knowledge.

Furthermore, Coin Wealth Invest’s trading conditions and platforms are not as good as they claim. Their spreads are actually very high compared to other brokers, ranging from 3 to 10 pips for major pairs. Their leverage is also very risky, reaching up to 1:5000 for some assets. This can amplify your losses as well as your profits and expose you to margin calls or liquidation.

Additionally, Coin Wealth Invest’s platforms are outdated and unreliable. MetaTrader 4 and MetaTrader 5 are no longer supported by most brokers and developers, which means that they may not have the latest features or updates. WebTrader and MobileTrader are also poorly designed and lack functionality and usability.

Customer support

 

Coin Wealth Invest claims to offer 24/7 customer support via phone, email, live chat, and WhatsApp. They claim to have a professional and friendly team that can assist their clients with any issues or questions they may have.

However, this is another false claim by Coin Wealth Invest. Their customer support is actually very poor and unresponsive. Their phone number does not work or is always busy. Their email address does not reply or sends automated messages. Their live chat and WhatsApp are also offline or unavailable most of the time.

Moreover, Coin Wealth Invest’s customer support is rude and aggressive when they do respond. They pressure their clients to deposit more money or upgrade their accounts. They also refuse to process withdrawal requests or close accounts. They even threaten or harass their clients who complain or ask for refunds.

Conclusion

Coin Wealth Invest is a scam broker that should be avoided at all costs. They are not regulated by any authority and operate illegally and without any transparency. They offer poor trading conditions and platforms that are designed to make you lose money. They also have terrible customer support that will not help you or respect you.

There are many better and safer brokers in the market that you can choose from. We recommend that you do your own research and check the reviews and ratings of other traders before you sign up with any broker. You should also look for brokers that are regulated by reputable authorities, offer fair and competitive trading conditions and platforms, and provide excellent customer support and education.

Do not fall for Coin Wealth Invest’s scam and do not risk your money with them. You deserve better and you can find better.

What to Do If You’ve Lost Money with Coin Wealth Invest?

If you have been scammed by Coin Wealth Invest or any other broker, you’ll want to seek assistance from cryptocointrace.com immediately. Our experts will consult with you and bolster your claim to help you get your money back. Cryptocointrace.com is a leader in recovering your funds and will help you retrieve your funds from a broker scam.


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QM Capital Partners Broker Review

QM Capital Partners is a brokerage firm that claims to offer a wide range of financial services, such as stocks, forex, commodities, indices, and cryptocurrencies. They also claim to have a high level of security, transparency, and customer support. But are they legit? In this blog post, we will review QM Capital Partners and see if they are a trustworthy broker or a scam.

First of all, let’s look at their website. The website looks professional and well-designed, with clear information about their products, platforms, fees, and regulations. They also have a live chat feature and a phone number for customer service. However, there are some red flags that we noticed on their website. For example:

  • They do not provide any information about their company background, history, or location. They only state that they are regulated by the Financial Services Authority (FSA) of St. Vincent and the Grenadines, which is a very weak and offshore regulator that does not have strict rules or oversight for brokers.
  • They do not offer any demo accounts or educational resources for traders. This means that you have to deposit real money to start trading with them, without having any chance to test their platform or learn from their experts.
  • They have very high minimum deposit requirements and fees. According to their website, the minimum deposit for the basic account is $5000, which is much higher than the industry average. They also charge commissions, spreads, swap fees, and withdrawal fees that can eat into your profits.
  • They have very negative reviews and complaints from customers online. Many traders have reported that QM Capital Partners is a scam that does not process withdrawals, manipulates prices, closes trades without consent, and blocks accounts without explanation. Some customers have even claimed that they lost thousands of dollars with this broker.

Based on these facts, we can conclude that QM Capital Partners is not a legit broker, but a scam that should be avoided at all costs. They do not have any credibility or reputation in the market, and they do not provide any value or protection for their customers. If you are looking for a reliable and regulated broker, we recommend that you look elsewhere and do your own research before investing your money with any broker.

What to Do If You’ve Lost Money with QM Capital Partners?

If you have been scammed by QM Capital Partners or any other broker, you’ll want to seek assistance from cryptocointrace.com immediately. Our experts will consult with you and bolster your claim to help you get your money back. Cryptocointrace.com is a leader in recovering your funds and will help you retrieve your funds from a broker scam.


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Insolvency Practitioners 4 U Broker Review

If you are looking for a broker to help you with your insolvency or debt management issues, you may have come across Insolvency Practitioners 4 U. They claim to be a leading provider of insolvency solutions, offering a range of services such as individual voluntary arrangements (IVAs), debt relief orders (DROs), bankruptcy, and company voluntary arrangements (CVAs). But are they a scam? How can you trust them with your financial situation? In this blog post, we will review Insolvency Practitioners 4 U and give you some tips on how to avoid falling victim to fraudulent brokers.

What is Insolvency Practitioners 4 U?

Insolvency Practitioners 4 U is a trading name of IP4U Limited, a company registered in England and Wales with the number 11828765. According to their website, they have offices in London, Manchester, Birmingham, and Leeds. They also state that they are regulated by the Financial Conduct Authority (FCA) and the Insolvency Practitioners Association (IPA).

However, a quick search on the FCA register reveals that IP4U Limited is not authorised or registered by the FCA. This means that they are not allowed to provide regulated financial services or advice in the UK. Moreover, the IPA website does not list IP4U Limited or Insolvency Practitioners 4 U as one of their members. This means that they are not bound by the IPA’s code of ethics or professional standards.

What are the signs of a scam broker?

  • They are not authorised or regulated by the FCA or any other relevant body.
  • They use high-pressure tactics to persuade you to sign up for their services, such as threatening legal action, harassing phone calls, or false promises.
  • They ask for upfront fees or payments before providing any service or advice.
  • They do not provide clear and transparent information about their fees, terms and conditions, or complaints procedure.
  • They do not have a physical address or contact details, or they use fake or misleading ones.
  • They have negative reviews or complaints from previous customers online.

How can you protect yourself from scam brokers?

  • Check if the broker is authorised or regulated by the FCA or any other relevant body. You can use the FCA register or the IPA website to verify this information.
  • Ask for a written contract or agreement that outlines the services, fees, terms and conditions, and complaints procedure of the broker. Read it carefully and make sure you understand everything before signing it.
  • Do not pay any upfront fees or payments until you receive the service or advice that you agreed on. If the broker asks for money in advance, be wary and ask for an explanation.
  • Do not give out any personal or financial information, such as your bank account details, credit card numbers, passwords, or PINs, unless you are sure that the broker is legitimate and trustworthy.
  • Do not sign anything that you do not understand or agree with. If you have any doubts or questions, seek independent advice from a reputable source, such as a solicitor, accountant, or debt charity.
  • Do not be pressured into making a decision that you are not comfortable with. If the broker is pushy or aggressive, hang up the phone, close the email, or walk away.
  • Do some online research on the broker’s reputation and customer feedback. You can use websites such as Trustpilot, Google Reviews, or Scamwatch to see what other people have said about them.

Conclusion

Insolvency Practitioners 4 U is not a reliable or trustworthy broker. They are not authorised or regulated by the FCA or the IPA, and they may be involved in fraudulent activities. If you are looking for a broker to help you with your insolvency or debt management issues, you should avoid them and look for a reputable and legitimate one instead. You can use the tips above to help you find one and protect yourself from scam brokers.

What to Do If You’ve Lost Money with Insolvency Practitioners 4 U?

If you have been scammed by Insolvency Practitioners 4 U or any other broker, you’ll want to seek assistance from cryptocointrace.com immediately. Our experts will consult with you and bolster your claim to help you get your money back. Cryptocointrace.com is a leader in recovering your funds and will help you retrieve your funds from a broker scam.


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Cronos Fund Broker Review

If you are looking for a reliable and trustworthy broker to invest your money with, you might have come across Cronos Fund. Cronos Fund is a forex and CFD broker that claims to offer competitive trading conditions, a variety of assets, and a user-friendly platform. But is Cronos Fund a scam or a legit broker? In this review, we will examine the features, pros and cons, and the reputation of Cronos Fund to help you make an informed decision.

Features of Cronos Fund

Cronos Fund is a broker that offers trading in forex, stocks, indices, commodities, and cryptocurrencies. The broker has four types of accounts: Basic, Silver, Gold, and Platinum. The minimum deposit for the Basic account is $250, while the maximum leverage is 1:200. The Silver account requires a minimum deposit of $1,000 and offers a leverage of 1:300. The Gold account has a minimum deposit of $5,000 and a leverage of 1:400. The Platinum account is the most exclusive one, with a minimum deposit of $25,000 and a leverage of 1:500.

Cronos Fund also provides a web-based trading platform that is compatible with any device and browser. The platform has a simple and intuitive interface that allows traders to access various tools and features, such as charts, indicators, news, signals, and more. Cronos Fund also claims to have a dedicated customer support team that is available 24/7 via phone, email, or live chat.

Pros of Cronos Fund

  • A wide range of trading instruments
  • A user-friendly web-based platform
  • A variety of account types
  • A 24/7 customer support service

Cons of Cronos Fund

  • A lack of regulation and transparency
  • A high minimum deposit requirement
  • A limited choice of payment methods
  • A negative reputation among online reviews

Is Cronos Fund a scam or a legit broker?

The most important factor to consider when choosing a broker is its regulation and reputation. Unfortunately, Cronos Fund fails to meet both criteria. According to its website, Cronos Fund is owned and operated by Kronos Invest Ltd., which is registered in St. Vincent and the Grenadines. However, this does not mean that the broker is regulated by any reputable authority. In fact, St. Vincent and the Grenadines is known as an offshore jurisdiction that does not regulate or supervise forex brokers.

This means that Cronos Fund is not authorized to offer its services in most countries, especially in Europe, North America, Australia, and Japan. Moreover, it means that the broker does not comply with any rules or standards regarding client protection, fund segregation, anti-money laundering, or dispute resolution. Therefore, if you trade with Cronos Fund, you are putting your money at risk without any guarantee or recourse.

Furthermore, Cronos Fund has a very negative reputation among online reviews and forums. Many traders have complained about the broker’s unethical practices, such as manipulating prices, refusing withdrawals, closing accounts without notice, and harassing clients with phone calls. Some traders have even accused Cronos Fund of being a scam that steals money from unsuspecting investors.

Conclusion

Based on our research and analysis, we do not recommend trading with Cronos Fund. The broker is unregulated, untrustworthy, and has a bad reputation among online users. There are many other brokers that are more reliable, reputable, and regulated that you can choose from. Therefore, we advise you to avoid Cronos Fund and look for a better alternative.

What to Do If You’ve Lost Money with Cronos Fund?

If you have been scammed by Cronos Fund or any other broker, you’ll want to seek assistance from cryptocointrace.com immediately. Our experts will consult with you and bolster your claim to help you get your money back. Cryptocointrace.com is a leader in recovering your funds and will help you retrieve your funds from a broker scam.


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Virgobanc Broker Review

Virgobanc is a forex and CFD broker that claims to offer a wide range of trading instruments, including cryptocurrencies, commodities, indices, and stocks. The broker also claims to provide a user-friendly trading platform, competitive spreads, fast execution, and excellent customer support. But is Virgobanc a scam or a legit broker? In this review, we will examine the features, advantages, and disadvantages of Virgobanc, and help you decide whether you should trade with them or not.

Features of Virgobanc

  • Virgobanc offers four types of trading accounts: Basic, Silver, Gold, and Platinum. The minimum deposit required to open an account is $250 for the Basic account, $2,000 for the Silver account, $10,000 for the Gold account, and $50,000 for the Platinum account.
  • The broker provides access to over 200 trading instruments, including forex pairs, cryptocurrencies, commodities, indices, and stocks. The leverage offered by the broker ranges from 1:100 to 1:400, depending on the account type and the instrument traded.
  • Virgobanc claims to use a proprietary web-based trading platform that is compatible with all devices and browsers. The platform has a simple and intuitive interface that allows traders to execute trades with ease. The platform also offers various tools and features, such as charts, indicators, news feed, economic calendar, and trading signals.
  • The broker also offers a mobile app for iOS and Android devices that enables traders to trade on the go. The app has similar functionalities as the web platform and allows traders to access their accounts, monitor the market, and place orders from anywhere and anytime.
  • Virgobanc provides customer support via phone, email, live chat, and contact form. The support team is available 24/5 and can assist traders with any issues or queries they may have. The broker also has a FAQ section on its website that answers some of the common questions that traders may have.

Advantages of Virgobanc

  • Virgobanc offers a variety of trading instruments that can suit different trading styles and preferences.
  • Virgobanc provides a user-friendly trading platform that is easy to use and navigate.
  • Virgobanc offers competitive spreads and fast execution that can enhance the trading experience and performance of traders.
  • Virgobanc provides various educational resources, such as webinars, videos, articles, and ebooks that can help traders improve their knowledge and skills.

Disadvantages of Virgobanc

  • Virgobanc is not regulated by any reputable authority or agency. This means that the broker does not adhere to any rules or standards that protect the interests and funds of traders. Trading with an unregulated broker exposes traders to various risks, such as fraud, manipulation, or theft.
  • Virgobanc has received several negative reviews and complaints from its clients. Some of the common issues reported by the clients include difficulty in withdrawing funds, hidden fees and charges, aggressive marketing tactics, and poor customer service.
  • Virgobanc does not offer a demo account that allows traders to test the broker’s services and platform before investing real money. A demo account is an essential feature that helps traders familiarize themselves with the broker’s features and practice their trading strategies without risking their funds.

Conclusion

Virgobanc is a forex and CFD broker that offers a range of trading instruments and a user-friendly trading platform. However, the broker is not regulated by any authority or agency and has a poor reputation among its clients. Therefore, we do not recommend trading with Virgobanc as it is likely a scam broker that may put your funds and personal information at risk.

What to Do If You’ve Lost Money with Virgobanc?

If you have been scammed by Virgobanc or any other broker, you’ll want to seek assistance from cryptocointrace.com immediately. Our experts will consult with you and bolster your claim to help you get your money back. Cryptocointrace.com is a leader in recovering your funds and will help you retrieve your funds from a broker scam.


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Mega Invest Investment International AG Broker Review

If you are looking for a reliable and trustworthy broker to invest your money with, you might have come across Mega Invest Investment Group. This is a company that claims to offer a variety of financial services, such as forex trading, stocks, commodities, indices, cryptocurrencies, and more. They also claim to have a team of professional and experienced traders, analysts, and advisors who can help you achieve your financial goals.

But are they really legit? Or are they just another scam that will take your money and run? In this blog post, we will review Mega Invest Investment Group and try to answer these questions.

What is Mega Invest Investment Group?

Mega Invest Investment Group is a company that was founded in 2017 and is based in London, UK. According to their website, they are regulated by the Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Australian Securities and Investments Commission (ASIC). They also claim to have offices in Cyprus, Australia, and Hong Kong.

Mega Invest Investment Group offers various types of accounts for different levels of investors, from beginners to professionals. They also provide a range of trading platforms, such as MetaTrader 4, MetaTrader 5, WebTrader, and Mobile Trader. They claim to offer competitive spreads, fast execution, low commissions, and high leverage.

Mega Invest Investment Group also claims to have a comprehensive education center, where you can find webinars, videos, articles, e-books, and courses on various topics related to trading and investing. They also claim to have a dedicated customer support team that is available 24/7 via phone, email, live chat, and social media.

What are the pros and cons of Mega Invest Investment Group?

Pros:

  • Regulated by reputable authorities
  • Offers a variety of financial instruments
  • Provides multiple trading platforms
  • Has a comprehensive education center
  • Has a dedicated customer support team

Cons:

  • Relatively new in the market
  • Does not accept US clients
  • Charges withdrawal fees
  • Has some negative reviews online

Is Mega Invest Investment Group a scam?

Based on our research, we cannot say for sure that Mega Invest Investment Group is a scam. However, we also cannot say that they are completely legit. There are some red flags that we noticed about this company, such as:

  • Their website does not provide much information about their background, history, or ownership.
  • Their website contains some grammatical and spelling errors, which raises doubts about their professionalism and credibility.
  • Their website does not have a secure SSL certificate, which means that your personal and financial information might be at risk of being hacked or stolen.
  • Their website does not have a clear terms and conditions or privacy policy page, which means that you might not know what rights and obligations you have as a client.
  • Their website does not have any verified testimonials or reviews from real clients, which means that you might not know what kind of experience or results you can expect from them.
  • Their website has some fake badges and logos of reputable organizations, such as the Better Business Bureau (BBB), Trustpilot, and Forbes, which means that they might be trying to mislead or deceive potential clients.
  • Their website has some unrealistic or exaggerated claims about their services, such as offering guaranteed profits, risk-free trading, or 100% satisfaction.
  • Their website has some pop-ups or banners that urge you to sign up or deposit money quickly, which means that they might be trying to pressure or manipulate potential clients.
  • Their website has some links or buttons that do not work or lead to irrelevant pages, which means that they might not care about their user experience or functionality.

Therefore, we advise you to be careful and cautious when dealing with Mega Invest Investment Group. Do not trust them blindly or invest your money without doing your own research and due diligence. Always check their reputation, regulation, fees, platforms, customer service, and other aspects before opening an account or making a transaction with them.

Conclusion

Mega Invest Investment Group is a broker that claims to offer a variety of financial services for different types of investors. However, there are some doubts and concerns about their legitimacy and reliability. We recommend you to do your own research and analysis before deciding to trade with them. If you have any questions or comments about this review, feel free to leave them below.

What to Do If You’ve Lost Money with Mega Invest Investment Group?

If you have been scammed by Mega Invest Investment Group or any other broker, you’ll want to seek assistance from cryptocointrace.com immediately. Our experts will consult with you and bolster your claim to help you get your money back. Cryptocointrace.com is a leader in recovering your funds and will help you retrieve your funds from a broker scam.


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Green Wood International AG Broker Review

Green Wood International AG is a brokerage firm that claims to offer a wide range of trading products and services, including forex, stocks, commodities, indices, and cryptocurrencies. But are they legit or a scam?

In this blog post, we will review Green Wood International AG based on several criteria, such as their regulation, reputation, trading platform, account types, fees, customer support, and more. We will also share some tips on how to avoid falling victim to fraudulent brokers.

Regulation

One of the most important factors to consider when choosing a broker is their regulatory status. A regulated broker is subject to the rules and oversight of a reputable financial authority, such as the FCA in the UK, the ASIC in Australia, or the CySEC in Cyprus. These regulators ensure that the broker follows high standards of security, transparency, and fair practices. They also provide protection for the clients’ funds and rights in case of disputes or insolvency.

Green Wood International AG claims to be regulated by the Financial Services Authority (FSA) of St. Vincent and the Grenadines. However, this is not a reliable regulator, as it does not have any legal authority to supervise or regulate forex brokers. In fact, the FSA has issued a warning stating that it does not issue any licenses for forex trading or brokerage activities.

Therefore, Green Wood International AG is an unregulated broker that operates without any oversight or accountability. This means that they can manipulate the prices, execute trades against their clients, refuse withdrawals, or even disappear with their clients’ money.

Reputation

Another factor to look at when evaluating a broker is their reputation among the trading community. A good way to do this is to check online reviews, feedback, and testimonials from other traders who have used their services.

Unfortunately, Green Wood International AG has a very poor reputation online. There are numerous complaints and negative reviews about them on various forums and websites. Some of the common issues reported by their clients are:

  • They use aggressive and misleading marketing tactics to lure unsuspecting traders into depositing large amounts of money.
  • They assign account managers who pressure their clients to invest more money and make unrealistic promises of high returns.
  • They manipulate the trading platform and the market conditions to cause losses for their clients.
  • They charge hidden fees and commissions that are not disclosed upfront.
  • They make it very difficult or impossible for their clients to withdraw their money.
  • They stop responding to their clients’ calls or emails once they request a withdrawal or complain about their service.

Trading Platform

A trading platform is the software that allows traders to access the market and execute trades. A good trading platform should be user-friendly, fast, reliable, secure, and offer a variety of tools and features to enhance the trading experience.

Green Wood International AG offers its own proprietary web-based trading platform that does not require any download or installation. However, this platform is very basic and limited in terms of functionality and design. It does not offer any advanced features such as charting tools, indicators, technical analysis, news feeds, or social trading. It also lacks security measures such as encryption or verification protocols.

Moreover, the platform is prone to glitches, delays, and errors that can affect the accuracy and execution of the trades. There are also reports of price manipulation and slippage that result in unfair losses for the traders.

Account Types

Green Wood International AG offers four types of accounts: Basic, Silver, Gold, and Platinum. The minimum deposit required for each account is $250, $2,500, $10,000, and $50,000 respectively. The accounts differ in terms of the leverage offered (up to 1:200), the spreads charged (from 3 pips), and the access to additional services such as account managers, signals, webinars,

and bonuses.

However, these accounts are not transparent or competitive compared to other brokers in the industry. The leverage is too high and risky for most traders, especially beginners. The spreads are too wide and expensive for most instruments. The additional services are either useless or harmful for the traders’ performance.

Fees

Green Wood International AG charges various fees and commissions that are not clearly disclosed on their website or terms and conditions. Some of these fees are:

  • Deposit and withdrawal fees: The broker charges a fee of 3.5% for deposits made via credit cards or e-wallets. They also charge a fee of $50 for withdrawals made via wire transfer or $35 for withdrawals made via credit cards or e-wallets.
  • Inactivity fee: The broker charges a fee of $80 per month if the account is inactive for more than 60 days.
  • Maintenance fee: The broker charges a fee of $20 per month for maintaining the account.
  • Swap fee: The broker charges a fee for holding positions overnight.
  • Conversion fee: The broker charges a fee for converting currencies.

Customer Support

Green Wood International AG claims to offer 24/7 customer support via phone, email, and live chat. However, this is not true, as many clients have reported that they are unable to reach the broker or get any response from them. The phone numbers provided on their website are either invalid or unreachable. The email addresses are either ignored or bounced back. The live chat feature is either offline or unresponsive.

The customer support team is also unprofessional, rude, and unhelpful. They do not provide any assistance or solutions to the clients’ problems or queries. They only try to persuade them to deposit more money or prevent them from withdrawing their money.

Conclusion

Based on our review, we can conclude that Green Wood International AG is a scam broker that should be avoided at all costs. They are not regulated, reputable, or reliable. They offer a poor and unsafe trading platform, account types, fees, and customer support. They also engage in fraudulent and unethical practices that harm their clients’ interests and funds.

 

If you are looking for a legitimate and trustworthy broker, we recommend that you check out our list of the best forex brokers in the market. These brokers are regulated by reputable authorities, offer competitive trading conditions and features, and have positive reviews and feedback from their clients.

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