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Global fx Live Trade Broker Review

The United Kingdom’s Financial Conduct Authority has issued a warning against Global fx Live in October 2023

If you are looking for a reliable and trustworthy forex broker, you might have come across Global fx Live Trade, a company that claims to offer low spreads, fast execution, and excellent customer service. But is Global fx Live Trade a scam or a legit broker? In this review, we will examine the features, advantages, and disadvantages of Global fx Live Trade, and help you decide if it is worth your time and money.

What is Global fx Live Trade?

Global fx Live Trade is a forex broker that was founded in 2018 and is based in St. Vincent and the Grenadines. The broker offers over 100 trading instruments, including currency pairs, commodities, indices, stocks, and cryptocurrencies. Global fx Live Trade provides its clients with the MetaTrader 4 platform, which is one of the most popular and widely used trading platforms in the industry. The broker also has a web-based platform and a mobile app for convenient trading on the go.

Global fx Live Trade claims to be regulated by the Financial Services Authority (FSA) of St. Vincent and the Grenadines, but this is not a reputable or credible regulator. The FSA does not have any strict rules or requirements for forex brokers, and does not offer any protection or compensation to traders in case of disputes or insolvency. Therefore, Global fx Live Trade is not a regulated broker, and trading with it involves a high level of risk.

What are the pros and cons of Global fx Live Trade?

  • It offers a variety of trading instruments, including cryptocurrencies.
  • It supports the MetaTrader 4 platform, which has many features and tools for traders.
  • It has a low minimum deposit requirement of $100.
  • It offers multiple payment methods, including credit cards, e-wallets, and cryptocurrencies.

Some of the cons of Global fx Live Trade are:

  • It is not regulated by any reputable authority, and operates in an offshore jurisdiction.
  • It does not have a clear fee structure, and may charge hidden fees or commissions.
  • It does not have a demo account or educational resources for beginners.
  • It has received many negative reviews and complaints from clients who claim to have been scammed or mistreated by the broker.

Is Global fx Live Trade a scam or a legit broker?

Based on our research and analysis, we conclude that Global fx Live Trade is not a legit broker, but a scam. The broker has many red flags that indicate that it is not trustworthy or reliable, such as:

  • It is not regulated by any reputable authority, and operates in an offshore jurisdiction that does not have any oversight or supervision of forex brokers.
  • It does not have a clear fee structure, and may charge hidden fees or commissions that are not disclosed to clients.
  • It does not have a demo account or educational resources for beginners, which are essential for learning and practicing forex trading.
  • It has received many negative reviews and complaints from clients who claim to have been scammed or mistreated by the broker. Some of these complaints include:

    • The broker does not process withdrawal requests or delays them for months.
    • The broker manipulates the prices or spreads to make clients lose money.
    • The broker harasses clients with phone calls or emails to pressure them to deposit more money or accept bonuses with unfair conditions.
    • The broker blocks or closes clients’ accounts without any explanation or justification.

Therefore, we advise you to avoid Global fx Live Trade at all costs, and look for a more reputable and regulated forex broker that can offer you a safe and fair trading environment. You can check out our list of recommended brokers here.

What to Do If You’ve Lost Money with Global fx Live?

If you have been scammed by Global fx Live 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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Mining Profits Broker Review

The United Kingdom’s Financial Conduct Authority has issued a warning against Mining Profits in October 2023

If you are looking for a way to invest in the lucrative cryptocurrency market, you may have come across Mining Profits Broker, a platform that claims to offer automated trading services and high returns. But is Mining Profits Broker a scam or a legit opportunity? In this review, we will examine the features, pros and cons, and risks of this platform, and help you decide if it is worth your time and money.

What is Mining Profits Broker?

Mining Profits Broker is a website that claims to provide access to a network of professional traders who use advanced algorithms and strategies to trade cryptocurrencies on your behalf. The platform claims that you can earn up to $1,500 per day with a minimum deposit of $250, and that you can withdraw your profits at any time. The website also features testimonials from satisfied customers, as well as a live chat support and a demo account.

How does Mining Profits Broker work?

According to the website, Mining Profits Broker works by connecting you to a broker who will manage your account and execute trades for you. The broker is supposed to use sophisticated software that analyzes the market trends and signals, and places trades automatically. The website claims that the software has a 99.4% accuracy rate, and that it can generate consistent profits regardless of the market conditions. The website also claims that the platform is compatible with various devices, such as laptops, smartphones, and tablets, and that you can monitor your account anytime and anywhere.

What are the pros and cons of Mining Profits Broker?

Pros:

  • The website is easy to navigate and user-friendly.
  • The platform offers a demo account that allows you to test the software before investing real money.
  • The platform claims to have a high success rate and low risk.
  • The platform claims to offer fast withdrawals and multiple payment methods.
  • The platform claims to have a responsive customer support team that is available 24/7.

Cons:

  • The website does not provide any information about the company behind the platform, such as its name, address, registration number, or license.
  • The website does not disclose the name or credentials of the brokers that it works with, or the fees or commissions that they charge.
  • The website does not provide any proof or verification of its trading results or customer testimonials.
  • The website makes unrealistic and exaggerated claims about the potential earnings and guarantees of the platform.
  • The website uses pressure tactics and scarcity techniques to lure customers into signing up quickly.

Is Mining Profits Broker a scam or legit?

Based on our research and analysis, we have reason to believe that Mining Profits Broker is a scam. Here are some of the red flags that we found:

  • The website does not provide any transparency or credibility about its company, brokers, or software.
  • The website makes false and misleading statements about the performance and reliability of its software.
  • The website uses fake reviews and testimonials to create a false impression of its reputation and popularity.
  • The website tries to entice customers with unrealistic and unattainable promises of wealth and success.
  • The website does not comply with any regulatory standards or legal requirements.

Therefore, we advise you to avoid Mining Profits Broker at all costs, as it is likely to be a fraudulent scheme that will steal your money and personal information. If you are looking for a legitimate and trustworthy platform to trade cryptocurrencies, we recommend you to do your own research and due diligence before investing your hard-earned money.

What to Do If You’ve Lost Money with Mining Profits?

If you have been scammed by Mining Profits 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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Crypto M Futures Broker Review

The United Kingdom’s Financial Conduct Authority has issued a warning against Crypto M Futures in October 2023

If you are looking for a reliable and trustworthy broker to trade crypto futures, you might have come across Crypto M Futures. This platform claims to offer low fees, high leverage, and advanced trading tools for both beginners and experts. But is Crypto M Futures a legit broker or a scam? In this review, we will examine the features, pros, and cons of Crypto M Futures and help you decide if it is worth your time and money.

What is Crypto M Futures?

Crypto M Futures is a crypto futures trading platform that was launched in 2020. It is operated by Crypto M Limited, a company registered in St. Vincent and the Grenadines. Crypto M Futures allows users to trade various crypto futures contracts, such as Bitcoin, Ethereum, Litecoin, Ripple, and more. Users can also trade perpetual contracts, which are futures contracts that have no expiry date and can be held indefinitely.

Crypto M Futures claims to offer competitive advantages over other brokers, such as:

  • Low fees: Crypto M Futures charges a 0.05% maker fee and a 0.075% taker fee for each trade. It also offers a tiered fee structure that rewards users with lower fees based on their trading volume.
  • High leverage: Crypto M Futures offers up to 100x leverage for crypto futures trading, which means users can amplify their profits or losses by borrowing funds from the platform.
  • Advanced trading tools: Crypto M Futures provides users with various tools to enhance their trading experience, such as market data, charts, indicators, order types, risk management features, and more.
  • Security: Crypto M Futures claims to use the highest standards of security to protect user funds and data. It uses cold storage wallets, encryption, multi-signature technology, and anti-DDoS protection.
  • Customer support: Crypto M Futures offers 24/7 customer support via email, live chat, and phone.

Is Crypto M Futures legit or scam?

Crypto M Futures is a relatively new platform that has not been tested by time or regulation. Therefore, it is hard to determine its legitimacy or credibility. However, based on our research, we have found some red flags that suggest Crypto M Futures might not be a safe or reliable broker.

Some of these red flags are:

  • Lack of regulation: Crypto M Futures is not regulated by any reputable authority or jurisdiction. This means it does not have to comply with any rules or standards that protect user rights and interests. Users have no recourse or guarantee in case of disputes, frauds, or hacks.
  • Lack of transparency: Crypto M Futures does not provide much information about its background, team, or owners. It also does not disclose its liquidity providers, auditors, or partners. This makes it hard to verify its legitimacy or reputation.
  • Negative reviews: Crypto M Futures has received many negative reviews and complaints from users online. Some of the common issues reported by users are:
  •   Difficulty in withdrawing funds
  •   Manipulation of prices and spreads
  •   Poor customer service
  •   Account suspension or termination without explanation

Conclusion

Crypto M Futures is a crypto futures trading platform that offers low fees, high leverage, and advanced trading tools. However, it also has many red flags that indicate it might be a scam or a risky broker. Therefore, we do not recommend using Crypto M Futures for your crypto futures trading needs. Instead, we suggest you look for a more reputable and regulated broker that can provide you with a secure and fair trading environment.

What to Do If You’ve Lost Money with Crypto M Futures?

If you have been scammed by Crypto M Futures 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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Double Income Trading Broker Review

The United Kingdom’s Financial Conduct Authority has issued a warning against Double Income Trading in October 2023

If you are looking for a way to make money online, you might have come across Double Income Trading Broker, a platform that claims to offer automated trading services with high returns. But is Double Income Trading Broker a scam or a legit opportunity? In this review, we will examine the features, pros and cons, and risks of this platform, and help you decide if it is worth your time and money.

What is Double Income Trading Broker?

Double Income Trading Broker is a website that claims to provide automated trading services for various financial markets, such as forex, stocks, commodities, and cryptocurrencies. According to the website, the platform uses advanced algorithms and artificial intelligence to analyze the market trends and execute profitable trades on behalf of the users. The website also claims that the platform has a success rate of over 90%, and that users can earn up to $10,000 per day with a minimum deposit of $250.

How does Double Income Trading Broker work?

To use Double Income Trading Broker, you need to register on the website and create an account. You will then be assigned to a broker partner, who will handle your funds and execute the trades. You will need to deposit at least $250 to start trading, and you can choose from various payment methods, such as credit cards, e-wallets, or bank transfers. You can also choose your preferred trading settings, such as the amount per trade, the risk level, and the assets to trade. Once you activate the auto-trading mode, the platform will start placing trades on your behalf, and you can monitor your results on the dashboard. You can also withdraw your profits at any time by submitting a request to the broker.

What are the pros and cons of Double Income Trading Broker?

Pros:

  • The platform claims to offer automated trading services with high returns and low risks.
  • The platform claims to use advanced algorithms and artificial intelligence to analyze the market trends and execute profitable trades.
  • The platform claims to have a success rate of over 90%, and that users can earn up to $10,000 per day with a minimum deposit of $250.
  • The platform supports various payment methods, such as credit cards, e-wallets, or bank transfers.
  • The platform has a user-friendly interface and a responsive customer support team.

Cons:

  • The platform is not regulated or licensed by any authority, which means that it operates in a legal grey area and that users have no protection or recourse in case of any issues or disputes.
  • The platform does not provide any information about its owners, developers, or brokers, which raises doubts about its credibility and transparency.
  • The platform does not offer any demo account or educational resources for users to test or learn about the platform before investing real money.
  • The platform has received many negative reviews and complaints from users who claim that they have lost money or been unable to withdraw their profits from the platform.
  • The platform uses aggressive marketing tactics and unrealistic promises to lure unsuspecting users into signing up and depositing money.

Is Double Income Trading Broker a scam or legit?

Based on our research and analysis, we conclude that Double Income Trading Broker is a scam. The platform has many red flags and warning signs that indicate that it is not trustworthy or reliable. The platform is not regulated or licensed by any authority, it does not provide any information about its owners, developers, or brokers, it does not offer any demo account or educational resources, it has received many negative reviews and complaints from users, and it uses aggressive marketing tactics and unrealistic promises to lure unsuspecting users into signing up and depositing money. Therefore, we advise you to avoid this platform and look for other legitimate and reputable platforms that offer automated trading services with proven results and security.

What to Do If You’ve Lost Money with Double Income Trading?

If you have been scammed by Double Income Trading 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.


Best Website For Identifying Scam Crypto Brokers.

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1BT CASH Broker Review

The United Kingdom’s Financial Conduct Authority has issued a warning against 1BT CASH in October 2023

If you are looking for a reliable and trustworthy broker to trade cryptocurrencies, you might have come across 1BT CASH. This platform claims to offer a variety of features and benefits for traders, such as low fees, high leverage, fast execution, and access to over 100 crypto pairs. But is 1BT CASH a scam or a legit broker? In this review, we will examine the pros and cons of this platform and help you decide if it is worth your time and money.

What is 1BT CASH?

1BT CASH is a cryptocurrency broker that was launched in 2020. According to its website, it is operated by a company called 1BTCASH LTD, which is registered in St. Vincent and the Grenadines. The platform claims to have over 50,000 clients from more than 100 countries and to process over $10 billion in trading volume per month.

1BT CASH offers a web-based trading platform that is compatible with any device and browser. The platform has a simple and user-friendly interface that allows traders to easily navigate the markets and execute their trades. The platform also provides various tools and indicators for technical analysis, as well as a news feed and an economic calendar for fundamental analysis.

One of the main advantages of 1BT CASH is that it offers high leverage up to 1:1000 for crypto trading. This means that traders can multiply their profits (or losses) by using borrowed funds from the broker. For example, with a $100 deposit and 1:1000 leverage, a trader can open a position worth $100,000. However, leverage also increases the risk of losing more than the initial investment, so traders should use it with caution and proper risk management.

Another benefit of 1BT CASH is that it charges low fees for trading. The broker does not charge any commissions or spreads on its trades, only a swap fee for holding positions overnight. The swap fee varies depending on the crypto pair and the direction of the trade (long or short). The broker also does not charge any deposit or withdrawal fees, except for the network fees imposed by the blockchain.

Is 1BT CASH a scam or a legit broker?

While 1BT CASH has some attractive features and benefits for crypto traders, it also has some red flags that suggest that it might not be a legit broker. Here are some of the reasons why we think that 1BT CASH is a scam:

  • Lack of regulation: 1BT CASH is not regulated by any reputable authority or jurisdiction. St. Vincent and the Grenadines is known to be an offshore haven for shady brokers that operate without any oversight or accountability. This means that traders have no protection or recourse in case of any issues or disputes with the broker.
  • Fake reviews: 1BT CASH has many positive reviews on its website and on other websites that promote it. However, these reviews seem to be fake and fabricated by the broker itself or by its affiliates. They are full of praise and hype but lack any details or evidence of actual trading experience or results.
  • Unrealistic claims: 1BT CASH makes some unrealistic claims on its website and in its marketing materials. For example, it claims to have over 50,000 clients from more than 100 countries and to process over $10 billion in trading volume per month. However, these numbers are hard to believe considering that the broker is relatively new and unknown in the industry.
  • High leverage: While high leverage can be appealing for some traders who want to maximize their profits, it can also be very risky and dangerous for inexperienced or reckless traders who do not understand the implications of using it. High leverage can lead to huge losses and margin calls that can wipe out the entire account balance in a matter of minutes.
  • Low fees: While low fees can be attractive for some traders who want to save on their trading costs, they can also be a sign of a scam broker that is trying to lure in unsuspecting clients with false promises. Low fees can mean that the broker is not making enough money from its legitimate operations and is relying on other means to generate revenue, such as manipulating the prices, delaying the withdrawals, or stealing the deposits.

Conclusion

Based on our research and analysis, we conclude that 1BT CASH is a scam broker that should be avoided by all traders who value their money and security. The broker has many red flags that indicate that it is not trustworthy or reliable and that it is likely to scam its clients sooner or later. Therefore, we advise you to stay away from 1BT CASH and look for a better and more reputable broker to trade cryptocurrencies.

What to Do If You’ve Lost Money with 1BT CASH?

If you have been scammed by 1BT CASH 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.


Best Website For Identifying Scam Crypto Brokers.

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Apex Coins Broker Review

The United Kingdom’s Financial Conduct Authority has issued a warning against Apex Coins in October 2023

If you are looking for a way to invest in cryptocurrencies, you may have come across Apex Coins Broker, a platform that claims to offer trading services for various digital assets. But is Apex Coins Broker a legit company or a scam? In this review, we will examine the features, pros and cons, and reputation of Apex Coins Broker to help you make an informed decision.

What is Apex Coins Broker?

Apex Coins Broker is an online platform that allows users to trade cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Ripple, and more. According to its website, Apex Coins Broker was founded in 2017 and has offices in London, New York, and Hong Kong. The platform claims to have over 500,000 registered users and to process over $10 million worth of transactions per day.

How does Apex Coins Broker work?

To start trading with Apex Coins Broker, you need to create an account on its website and verify your identity. You can then deposit funds using various methods such as credit cards, bank transfers, e-wallets, or cryptocurrencies. You can also choose to trade with leverage, which means you can borrow money from the platform to increase your exposure and potential profits. However, leverage also increases your risk of losing money if the market moves against you.

Apex Coins Broker offers a web-based trading platform that is compatible with any device and browser. You can access various tools and features such as charts, indicators, news feeds, order types, and more. You can also use the platform to trade over 100 different cryptocurrencies and pairs.

What are the advantages of Apex Coins Broker?

  • It supports a wide range of cryptocurrencies and pairs.
  • It offers multiple payment options and fast withdrawals.
  • It provides a user-friendly and intuitive trading platform.
  • It has a responsive and helpful customer support team.
  • It offers educational resources and market analysis for beginners and experts.

What are the disadvantages of Apex Coins Broker?

  • It is not regulated by any reputable authority or agency.
  • It has received several complaints and negative reviews from users who claim to have been scammed or unable to withdraw their funds.
  • It has a high minimum deposit requirement of $250.
  • It charges high fees and commissions for trading and withdrawals.
  • It does not have a mobile app or a demo account.

Is Apex Coins Broker a scam?

Based on our research and analysis, we cannot recommend Apex Coins Broker as a trustworthy or reliable platform for trading cryptocurrencies. There are several red flags that suggest that Apex Coins Broker is a scam or at least a very risky option. These include:

  • Lack of regulation: Apex Coins Broker does not have any license or authorization from any reputable regulator or agency. This means that it is not subject to any rules or standards that protect the interests and rights of its customers. If you encounter any issues or disputes with the platform, you may not have any legal recourse or protection.
  • Negative reputation: Apex Coins Broker has received many complaints and negative reviews from users who claim to have been scammed or unable to withdraw their funds. Some users also report that the platform uses aggressive and misleading marketing tactics to lure unsuspecting customers. For example, some users claim that they received unsolicited calls from Apex Coins Broker agents who pressured them to deposit more money or trade with high leverage.
  • High fees and commissions: Apex Coins Broker charges high fees and commissions for trading and withdrawals. For example, it charges a 5% fee for every withdrawal, which is much higher than the industry average. It also charges a 10% commission for every trade, which can significantly reduce your profits or increase your losses.
  • No mobile app or demo account: Apex Coins Broker does not have a mobile app or a demo account that allows users to trade on the go or practice their skills without risking real money. This limits the convenience and accessibility of the platform.

Conclusion

Apex Coins Broker is an online platform that claims to offer trading services for various cryptocurrencies. However, based on our review, we do not recommend using Apex Coins Broker as it appears to be a scam or at least a very risky option. The platform lacks regulation, has a negative reputation, charges high fees and commissions, and does not have a mobile app or a demo account. Therefore, we advise you to avoid Apex Coins Broker and look for other alternatives that are more trustworthy and reliable.

What to Do If You’ve Lost Money with Apex Coins?

If you have been scammed by Apex Coins 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.


Best Website For Identifying Scam Crypto Brokers.

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Global Trade fx Live Broker Review

The United Kingdom’s Financial Conduct Authority has issued a warning against Global Trade fx in October 2023

Global Trade fx is a forex broker that claims to offer a wide range of trading instruments, low spreads, fast execution, and excellent customer service. But is Global Trade fx a legit broker or a scam? In this blog post, we will review Global Trade fx and its features, and help you decide whether you should trade with them or not.

What is Global Trade fx?

Global Trade fx is a forex broker that was founded in 2018 and is based in St. Vincent and the Grenadines. According to its website, Global Trade fx is regulated by the Financial Services Authority (FSA) of St. Vincent and the Grenadines, and has offices in London, Dubai, and Hong Kong. Global Trade fx offers over 200 trading instruments, including forex, commodities, indices, stocks, and cryptocurrencies. Global Trade fx also claims to provide low spreads, fast execution, multiple account types, various payment methods, and 24/7 customer support.

What are the pros and cons of Global Trade fx?

Pros:

  • Global Trade fx offers a wide range of trading instruments, which can suit different trading styles and preferences.
  • Global Trade fx provides access to the MetaTrader 4 platform, which is one of the most popular and reliable trading platforms in the industry.
  • Global Trade fx has a user-friendly website and a mobile app that are easy to navigate and use.
  • Global Trade fx offers several educational resources, such as webinars, videos, articles, and e-books, that can help traders improve their skills and knowledge.

Cons:

  • Global Trade fx is not regulated by any reputable authority, such as the FCA, ASIC, or CySEC. The FSA of St. Vincent and the Grenadines is not a reliable regulator and does not offer any protection or compensation to traders in case of disputes or insolvency.
  • Global Trade fx has received many negative reviews and complaints from traders who have experienced issues with withdrawals, account verification, platform glitches, and poor customer service.
  • Global Trade fx has been accused of being involved in fraudulent activities, such as manipulating prices, canceling profits, and closing accounts without notice.
  • Global Trade fx does not offer a demo account or a free trial period, which means that traders have to risk their own money to test the broker’s services and features.

Is Global Trade fx a legit broker or a scam?

Based on our research and analysis, we conclude that Global Trade fx is not a legit broker but a scam. We do not recommend trading with Global Trade fx for the following reasons:

  • Global Trade fx is not regulated by any reputable authority and does not offer any security or transparency to traders.
  • Global Trade fx has a poor reputation and a history of scamming traders out of their money.
  • Global Trade fx does not provide any proof of its trading conditions, such as spreads, execution speed, or slippage.
  • Global Trade fx does not offer any customer support or dispute resolution mechanism.

Therefore, we advise you to stay away from Global Trade fx and look for a more trustworthy and reliable broker that can offer you a safe and fair trading environment.

What to Do If You’ve Lost Money with Global Trade fx?

If you have been scammed by Global Trade fx 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.


Best Website For Identifying Scam Crypto Brokers.

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Global Stackfx Broker Review

The United Kingdom’s Financial Conduct Authority has issued a warning against Global Stackfx in October 2023

If you are looking for a reliable and trustworthy online broker, you might have come across Global Stackfx. This is a platform that claims to offer forex, stocks, commodities, indices, and cryptocurrencies trading with low spreads, fast execution, and high leverage. But is Global Stackfx a legit broker or a scam? In this review, we will examine the features, pros, and cons of Global Stackfx and help you decide if it is worth your time and money.

What is Global Stackfx?

Global Stackfx is an online broker that was founded in 2018 and is based in St. Vincent and the Grenadines. According to its website, Global Stackfx is regulated by the Financial Services Authority (FSA) of St. Vincent and the Grenadines under license number 23683 IBC 2016. However, this does not mean that Global Stackfx is a reputable or safe broker, as the FSA is not a well-known or respected regulator in the forex industry. In fact, many scam brokers use offshore jurisdictions like St. Vincent and the Grenadines to avoid strict oversight and compliance requirements from reputable regulators like the FCA, ASIC, or CySEC.

Global Stackfx offers four types of trading accounts: Basic, Standard, Premium, and VIP. The minimum deposit for the Basic account is $250, while the VIP account requires a whopping $50,000. The leverage ranges from 1:100 to 1:500 depending on the account type and the asset class. The spreads are variable and start from 0.1 pips for forex pairs, but there are also commissions charged on each trade. Global Stackfx provides access to over 200 trading instruments, including 50 forex pairs, 80 stocks, 20 commodities, 10 indices, and 40 cryptocurrencies. The trading platform used by Global Stackfx is MetaTrader 4 (MT4), which is a popular and user-friendly software that supports multiple charting tools, indicators, and automated trading strategies.

What are the pros and cons of Global Stackfx?

Pros:

  •  Wide range of trading instruments
  • Supports MT4 platform
  • Offers demo accounts

Cons:

  • Offshore and unregulated broker
  • High minimum deposit and commissions
  • No customer support phone number or live chat
  • Negative reviews and complaints from clients
  • No educational or research materials

Is Global Stackfx a legit broker or a scam?

Based on our research and analysis, we do not recommend Global Stackfx as a legit or trustworthy broker. There are several red flags that suggest that Global Stackfx is a scam or at least a very risky broker to deal with. First of all, Global Stackfx is not regulated by any reputable authority, which means that there is no guarantee that your funds are safe or that you will get fair treatment as a client. Secondly, Global Stackfx has very high minimum deposit and commission fees, which make it hard to profit from trading with them. Thirdly, Global Stackfx has very poor customer service and support, as there is no phone number or live chat option available on their website. Fourthly, Global Stackfx has received many negative reviews and complaints from clients who claim that they have been scammed or cheated by the broker. Lastly, Global Stackfx does not provide any educational or research materials to help traders improve their skills or knowledge.

Therefore, we advise you to stay away from Global Stackfx and look for a more reliable and reputable broker that has a good reputation in the market and is regulated by a well-known authority.

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

If you have been scammed by Blank 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.


Best Website For Identifying Scam Crypto Brokers.

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Crypto Hood Ltd Broker Review

The United Kingdom’s Financial Conduct Authority has issued a warning against Crypto Hood Ltd in October 2023

If you are looking for a reliable and trustworthy broker to trade cryptocurrencies, you might have come across Crypto Hood Ltd. This is a relatively new platform that claims to offer low fees, high leverage, and access to a variety of crypto assets. But is Crypto Hood Ltd legit or scam? In this blog post, we will review the features, pros and cons, and reputation of Crypto Hood Ltd to help you make an informed decision.

Features of Crypto Hood Ltd

Crypto Hood Ltd is a broker that allows you to trade cryptocurrencies through contracts for difference (CFDs). This means that you do not own the actual coins, but rather speculate on their price movements. CFDs are popular among traders because they offer flexibility, leverage, and the ability to profit from both rising and falling markets.

Some of the features of Crypto Hood Ltd include:

  • A user-friendly web-based platform that is compatible with any device and browser.
  • A wide range of crypto assets to trade, including Bitcoin, Ethereum, Litecoin, Ripple, and more.
  • Low spreads and commissions, starting from 0.1% per trade.
  • High leverage up to 1:1000, which means that you can multiply your profits (or losses) by up to 1000 times your initial investment.
  • Fast execution and order processing, with no requotes or slippage.
  • Multiple payment methods, including credit cards, e-wallets, and bank transfers.
  • Customer support available 24/7 via phone, email, and live chat.

Pros and cons of Crypto Hood Ltd

Pros:

  • Crypto Hood Ltd is regulated by the Financial Services Authority (FSA) of Seychelles, which means that it has to comply with certain standards of security, transparency, and customer protection.
  • Crypto Hood Ltd offers a free demo account that allows you to test the platform and practice your trading skills without risking any real money.
  • Crypto Hood Ltd has a generous welcome bonus of up to 100% on your first deposit, which can boost your trading capital and increase your potential profits.
  • Crypto Hood Ltd has a referral program that rewards you with 10% of the commissions generated by your referred friends.

Cons:

  • Crypto Hood Ltd does not accept clients from the USA, Canada, Japan, and some other countries due to regulatory restrictions.
  • Crypto Hood Ltd does not offer a mobile app for iOS or Android devices, which limits your trading options on the go.
  • Crypto Hood Ltd does not have an educational section or a blog that provides market analysis, news, tips, and strategies for crypto traders.
  • Crypto Hood Ltd has received some negative reviews from online users who complained about withdrawal issues, poor customer service, and technical glitches.

Reputation of Crypto Hood Ltd

One of the most important factors to consider when choosing a broker is its reputation. Unfortunately, Crypto Hood Ltd does not have a very good reputation in the online community. We found several complaints and warnings about this broker on various forums, websites, and social media platforms.

Some of the common issues that users reported are:

  • Difficulty in withdrawing funds or receiving no withdrawals at all.
  • Unresponsive or rude customer support agents who do not resolve problems or answer questions.
  • Platform malfunctions or errors that cause losses or prevent trading.
  • False or misleading advertising or promotions that do not match reality.
  • Account closure or suspension without explanation or justification.

Conclusion

Based on our research and analysis, we do not recommend Crypto Hood Ltd as a broker for trading cryptocurrencies. We found too many red flags and negative feedback about this platform that indicate that it is not trustworthy or reliable. We advise you to stay away from Crypto Hood Ltd and look for other alternatives that have a better reputation and offer more security and quality services.

If you have any experience with Crypto Hood Ltd, feel free to share it in the comments below. We would love to hear your opinion and feedback. Thank you for reading this blog post and happy trading!

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