Categories
broker_reviews_manually

Scam Broker Review Forex iTrade

Is Forex iTrade a Good Broker or a Scam?

Forex iTrade has come to our attention as a suspicious broker. It’s been flagged for operating without a license. We create these reviews to warn the public against potential scam brokers. Forex iTrade may very well be a fraud. Many of the brokers we investigate who don’t hold a license are involved in nefarious activities. We therefore urge you against trading with Forex iTrade. 

We Have Some Concerns with Forex iTrade

There is simply no reason a legitimate broker wouldn’t have a license. Even though we don’t recommend trading with a broker that has a third-rate license, at least that shows the broker is at least somewhat concerned with operating legally. However, the fact that Forex iTrade has no license at all should be enough of a reason to cross this broker off your list! Don’t trade with Forex iTrade. Instead, look for a regulated broker. 

Forex iTrade Red Flags

  • No license
  • False guarantees
  • No transparency
  • Negative reviews

Lost Money to Forex iTrade? Talk to Us!

Our experts understand brokers–reliable ones and scam operations. We have researched brokers and have created these reviews to help consumers make the right choice for trading. We recommend that you avoid Forex iTrade. and instead find a reliable and licensed broker. If you have lost money to this broker, contact us and we will help you locate your funds


Best Website For Identifying Scam Crypto Brokers.

File Your Crypto Cointrace Now !

Categories
broker_reviews_manually

Scam Broker Review G.C. Forex

Is G.C. Forex A Good Broker or a Scam?

G.C. Forex may give you many guarantees, but there are many misleading statements on the website. Actually G.C. Forex is a clone of G.C Partners. What is a clone broker? It’s not a good thing. Regulators regularly warn against trading with “clone brokers” who take names and sometimes graphic design similar to regulated brokers. In fact, many of these brokers have no license and may even be scams. 

We Have Some Concerns with G.C. Forex

G.C. Forex tries to convince people that it has a license, but names a third rate regulator, St. Vincent and the Grenadines. This is an offshore broker that doesn’t offer any oversight for the brokers who sign up for a license nor does it deal with customer complaints. However, G.C. Forex doesn’t even have a license from St. Vincent and the Grenadines–it is entirely unlicensed! Don’t ride in a cab with a driver who has no license–also, don’t trade with an unlicensed broker. 

G.C. Forex Red Flags

  • No license
  • Clone broker
  • No transparency
  • Negative reviews

Lost Money to G.C. Forex? Talk to Us!

Our experts understand brokers–reliable ones and scam operations. We have researched brokers and have created these reviews to help consumers make the right choice for trading. We recommend that you avoid G.C. Forex. and instead find a reliable and licensed broker. If you have lost money to this broker, contact us and we will help you locate your funds


Best Website For Identifying Scam Crypto Brokers.

File Your Crypto Cointrace Now !

Categories
broker_reviews_manually

Scam Broker Review Robbo Forex

Is Robbo Forex A Good Broker or a Scam?

Robbo Forex describes itself as “the best” broker. This superlative doesn’t really mean anything, of course. But Robbo Forex doesn’t give us any reason to believe it’s even an adequate broker. We don’t see licensing information. There aren’t independent reviews. Robbo Forex ended up on our list because it has been the subject of customer complaints and regulator warnings. Therefore, it’s quite difficult to believe that Robbo Forex is “the best.” 

We Have Some Concerns with Robbo Forex

Robbo Forex apparently doesn’t want people to worry about its lack of licensing. It says it has “trained and experienced” brokers. Of course, everyone wants to ensure that the person providing them with a service is “trained and experienced.” But this vague word salad is designed to cover up that Robbo Forex can’t prove it has a license or a track record of success. Without this validation, it’s impossible to believe Robbo Forex’s claims. 

Robbo Forex Red Flags

  • No license
  • False guarantees
  • No transparency
  • Accepts only cryptocurrency
  • Negative reviews

Lost Money to Robbo Forex? Talk to Us!

Our experts understand brokers–reliable ones and scam operations. We have researched brokers and have created these reviews to help consumers make the right choice for trading. We recommend that you avoid Robbo Forex. and instead find a reliable and licensed broker. If you have lost money to this broker, contact us and we will help you locate your funds


Best Website For Identifying Scam Crypto Brokers.

File Your Crypto Cointrace Now !

Categories
broker_reviews_manually

Scam Broker Review CryptoMax Inc

Is CryptoMax Inc. A Good Broker or a Scam?

CryptoMax Inc. promises automated trading. This is an exciting and popular type of trading that is supposed to give people the freedom to trade any time and link their trades to market fluctuations. CryptoMax Inc. claims that their clients will double their investment in 7 days. This isn’t believable because it’s impossible to guarantee returns. In addition, CryptoMax Inc. has been flagged by the FCA for offering trading services without proper licensing. 

We Have Some Concerns with CryptoMax Inc.

Automated trading sounds easy, but you need to work with a very reliable broker to succeed at it. Timing trades according to how the market moves can often lose the trader money before they become more experienced with automated trading. You aren’t going to learn anything from this broker, however. Not with a high-risk leverage of 1:500, no license and a warning from the FCA. We noticed that the most unreliable brokers are the ones that promise traders the moon and the stars. Stay away from CryptoMax Inc. 

CryptoMax Inc. Red Flags

  • No license
  • False guarantees
  • No transparency
  • Negative reviews

Lost Money to CryptoMax Inc.? Talk to Us!

Our experts understand brokers–reliable ones and scam operations. We have researched brokers and have created these reviews to help consumers make the right choice for trading. We recommend that you avoid CryptoMax Inc. and instead find a reliable and licensed broker. If you have lost money to this broker, contact us and we will help you locate your funds


Best Website For Identifying Scam Crypto Brokers.

File Your Crypto Cointrace Now !

Categories
broker_reviews_manually

Scam Broker Review Watercfx

Is Watercfx A Good Broker or a Scam?

Watercfx may promise you returns from risky assets, but don’t believe them. This broker has no license, plenty of negative reviews and no independent validation of any of its guarantees. In fact, many customers have complained about this broker not allowing them to withdraw money or offering false promises. We therefore don’t recommend trading with Watercfx under any circumstances. 

We Have Some Concerns with Watercfx

We have looked carefully at Watercfx and have found no reason to trust this broker. We recommend only regulated brokers and those with a solid reputation. We could not even find names of people who run Watercfx, nor did we see a license. Would you ride with a cab driver who didn’t have a driver license? See a doctor without a medical degree? Don’t trust your money with an unregulated broker. 

Watercfx Red Flags

  • No license
  • False guarantees
  • No transparency
  • Negative reviews

Lost Money to Watercfx? Talk to Us!

Our experts understand brokers–reliable ones and scam operations. We have researched brokers and have created these reviews to help consumers make the right choice for trading. We recommend that you avoid Watercfx and instead find a reliable and licensed broker. If you have lost money to this broker, contact us and we will help you locate your funds


Best Website For Identifying Scam Crypto Brokers.

File Your Crypto Cointrace Now !

Categories
broker_reviews_manually

Scam Broker Review FXHourLtd

Want to Trade with FXHourLtd? Read This First!

FXHourLtd may sound familiar. That’s because it’s taken its name from a popular forex app called FXHours which enables users to trade automatically in other time zones while they sleep. FXHours has great reviews and seems like a legitimate trading service. However, FXHourLtd isn’t legitimate at all, but is a shady broker with no license. It’s using the FXHours name to trick forex traders into trusting them when in reality, they shouldn’t. 

Is FXHourLtd a Scam or Legitimate? 

When we look at FXHourLtd’s website, we don’t see any names of people who run this brokerage or any real information about its services. We do, however, notice that this broker guarantees clients that they will definitely reap certain returns. Don’t ever trust a broker that guarantees returns, because these are nothing but false promises. No broker can tell you for sure that you will get a certain level of returns from trading. 

We Found Problems with FXHourLtd: 

  • Not regulated
  • False claims
  • No transparency
  • Bad reviews

What You Should Do If You Have an Account with FXHourLtd

If you currently hold an account with FXHourLtd, close it and demand an immediate withdrawal of all of your funds. If you do not receive a withdrawal from this broker 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 !

Categories
broker_reviews_manually

Scam Broker Review TrustfortFX

Want to Trade with TrustfortFX? Read This First!

TrustfortFX has very poorly written web content. This may not seem like a big deal,  but we take it seriously. It’s a sign of a broker that doesn’t expect to have any staying power and may decide to disappear quickly. Why would scam artists invest in a high-quality website if they knew they were just going to take what funds they were going to get and disappear? In addition, TrustfortFX isn’t regulated, which is enough of a reason to be suspicious. 

Is TrustfortFX a Scam or Legitimate? 

One of the problems with the broker is that it claims to have “world coverage” and that it’s licensed in 99% of countries around the world. This is absolutely impossible. Not even an FCA regulated broker is licensed to take clients in every country. A broker would have to have every single license available. This is clearly not the truth and we can’t trust this broker. 

We Found Problems with TrustfortFX: 

  • Not regulated
  • False claims
  • No transparency
  • Bad reviews

What You Should Do If You Have an Account with TrustfortFX

If you currently hold an account with TrustfortFX, close it and demand an immediate withdrawal of all of your funds. If you do not receive a withdrawal from this broker 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 !

Categories
broker_reviews_manually

Scam Broker Review ETH Banko

Want to Trade with ETH Banko? Read This First!

The first thing we noticed about ETH Banko is its low trust rating. The website has been flagged for security reasons and because it is a company that has received many complaints. In addition, ETH Banko has been identified as a suspected trading scam. None of this bodes well, obviously. We don’t trust this broker because it’s not licensed, has several warnings about its suspicious services and no transparency. 

Is ETH Banko a Scam or Legitimate? 

It doesn’t seem that ETH Banko is a legitimate broker. It doesn’t give us much reason to trust in their trading services. We therefore feel it’s necessary to warn people to avoid trading with this broker. It’s not apparent why anyone would want to given the lack of a license or transparency. We recommend that you research regulated brokers and choose one that is reliable with a good reputation. 

We Found Problems with ETH Banko: 

  • Not regulated
  • Low trust score
  • Flagged as a suspected scam
  • No transparency
  • Bad reviews

What You Should Do If You Have an Account with ETH Banko

If you currently hold an account with ETH Banko, close it and demand an immediate withdrawal of all of your funds. If you do not receive a withdrawal from this broker 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 !

Categories
broker_reviews_manually

Scam Broker Review SanderFX

Want to Trade with SanderFX? Read This First!

SanderFX wants everyone to believe it is licensed. It claims to have licenses from the FCA and CySec. Less impressive are its claims of licenses from St. Vincent and the Grenadines and St. Lucia. However, not only is it misleading the public about its claims of top-notch licenses, but it isn’t even regulated by the third-rate brokers St. Vincent and the Grenadines and St. Lucia. In addition, the organization that supposedly runs SanderFX is fake. 

Is SanderFX a Scam or Legitimate? 

You have to wonder about a broker that makes so many misleading statements. It claims it has 10 million traders, which is a nearly impossible amount, especially for a broker no one has really heard of. It says it is run by Gembell Limited, which doesn’t exist. We have trouble finding a single statement SanderFX that we are certain is true. We would not recommend that anyone entrust their money with this broker. 

We Found Problems with SanderFX: 

  • No license
  • No transparency
  • False claims of licensing
  • Fake organization runs it
  • Many misleading statements
  • Bad reviews

What You Should Do If You Have an Account with SanderFX

If you currently hold an account with SanderFX, close it and demand an immediate withdrawal of all of your funds. If you do not receive a withdrawal from this broker contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner you talk to us, the greater the chances of a successful claim!


Best Website For Identifying Scam Crypto Brokers.

File Your Crypto Cointrace Now !

Categories
broker_reviews_manually

Scam Broker Review FXCryptoIndex

Want to Trade with FXCryptoIndex? Read This First!

FXCryptoIndex may seem like a broker that offers reliable trading services, but that is only if you aren’t paying attention. It is important to analyze brokers carefully before opening an account. In our investigation, there doesn’t seem to be a reason to trust this broker. They don’t have a license, they provide no information or transparency. A broker should give us more reasons to trust them than this. 

Is FXCryptoIndex a Scam or Legitimate? 

FXCryptoIndex doesn’t have a license. Why is that important? Because a license means a regulator is keeping tabs on the broker. A regulator can revoke a license and can investigate complaints. If a broker has no license, there is no oversight. Also, FXCryptoIndex doesn’t provide transparency. We don’t know who is behind it or their credentials. That is not a good sign. A reliable broker should give us an idea of the people who run the company. Without this, you don’t know who you are trusting your money with. 

We Found Problems with FXCryptoIndex: 

  • No license
  • No transparency
  • No contact information
  • Bad reviews

What You Should Do If You Have an Account with FXCryptoIndex

If you currently hold an account with FXCryptoIndex, close it and demand an immediate withdrawal of all of your funds. If you do not receive a withdrawal from this broker contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner you talk to us, the greater the chances of a successful claim!


Best Website For Identifying Scam Crypto Brokers.

File Your Crypto Cointrace Now !