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broker_reviews_manually

Scam Broker Review TG Coin Capital Limited

Want to Trade with TG Coin Capital Limited? Read This First!

TG Coin Capital Limited is another broker that guarantees customers huge returns and has a few enthusiastic reviews, but its real profile is far from what it pretends it is. The OSC has flagged this broker, and that should be the last word. However, one of the top search results for TC Coin Capital Limited is a lengthy and undeniably fake review about how this broker makes crypto trading “fun and easy.” Trading shouldn’t just be fun and easy. It takes work, patience, and research to get it right. We suspect any broker who says trading is a piece of cake with lots of icing. 

Is TG Coin Capital Limited a Scam or Legitimate? 

The real picture isn’t so rosy. TG Coin Capital Limited has been flagged by Canadian financial authorities. It has no license and it offers unauthorized trading services. This broker doesn’t have any reason, to be honest with its clients and it’s probably one of many crypto scams we run across. 

We Found Problems with TG Coin Capital Limited: 

  • Not regulated
  • Negative reviews
  • No transparency. 
  • No contact information

What You Should Do If You Have an Account with TG Coin Capital Limited? 

You should close your account immediately and demand a withdrawal. If you do not receive a withdrawal, contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!


Best Website For Identifying Scam Crypto Brokers.

File Your Crypto Cointrace Now !

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broker_reviews_manually

Scam Broker Review Bituuex

Want to Trade with Bituuex? Read This First!

Bituuex is a broker that doesn’t want people to know too much. That isn’t good for a broker. We don’t know why anyone would trust their money with a broker if they can’t even see who runs it, if they don’t show any proof of licensing or if they’ve been flagged by a major regulator. The OSC has warned the public about Bituuex. That’s enough of a reason to stay away. Bituuex certainly doesn’t give us any reason to trust it. 

Is Bituuex a Scam or Legitimate? 

A legitimate broker will have an About Us page on its website highlighting the accomplishments and credentials of the people who run it. Instead, the people behind Bituuex obviously think they can simply promise visitors to the site huge returns for their investment–even greater than they could expect from a licensed broker. We don’t think this is a good deal–it’s definitely not convincing. We suspect this is just another scam broker and recommend staying away. 

We Found Problems with Bituuex: 

  • Not regulated
  • Flagged by the OSC
  • Negative reviews
  • No transparency. 
  • No contact information

What You Should Do If You Have an Account with Bituuex? 

You should close your account immediately and demand a withdrawal. If you do not receive a withdrawal, contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!


Best Website For Identifying Scam Crypto Brokers.

File Your Crypto Cointrace Now !

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broker_reviews_manually

Scam Broker Review EXBANK

Want to Trade with EXBANK? Read This First!

EXBANK isn’t a former bank. Its name just happens to be EXBANK. At first, we thought they were a bank and lost their license. This broker certainly doesn’t seem to care about licensing. It doesn’t bother to even mention one. It’s been flagged by the OSC for offering trading without a license, so naturally, it’s not regulated. Still, it wants people to trust their money with them. We have no idea why. 

Is EXBANK a Scam or Legitimate? 

We looked at EXBANK’s website. It claims to be a decentralized platform. Nothing about credentials. On the About Us and Media page, there was only an article about the history of cryptocurrency. This isn’t anything about EXBANK and doesn’t tell us who runs it. Its terms and conditions were mainly in all caps and were concerned with protecting itself against lawsuits and formal complaints. We’d take OSC’s word for it and stay away from this broker. Instead, look for a broker with a license and verifiable professionals behind it. 

We Found Problems with EXBANK: 

  • Not regulated
  • Negative reviews
  • No transparency. 
  • No contact information

What You Should Do If You Have an Account with EXBANK? 

You should close your account immediately and demand a withdrawal. If you do not receive a withdrawal, contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!


Best Website For Identifying Scam Crypto Brokers.

File Your Crypto Cointrace Now !

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broker_reviews_manually

Scam Broker Review CMCBits

Want to Trade with CMCBits? Read This First!

CMCBits is an offshore broker that offers unfair trading conditions. The first red flag is that it says it has a license from St. Vincent and the Grenadines. Brokers located in this area aren’t necessarily scams if they are a branch of a legitimate broker with headquarters in another region. However, CMCBits’ headquarters are supposedly in St. Vincent and the Grenadines, which means that it doesn’t provide any kind of layer of oversight, and there is no regulator that is going to penalize CMCBits directly for ripping off clients. 

Is CMCBits a Scam or Legitimate? 

So what makes us think CMCBits is interested in ripping off clients? We took a look at its terms and conditions. Its spreads are obscenely high at 4.5 pips and it has a crazy minimum fee of $250. Its withdrawal policies show that it is just out for clients’ money. CMCBits charges anywhere from $50 to $300 in withdrawal fees. This is ridiculous. Additionally, if you don’t trade in 30 days, you’ll have to pay a $90 inactivity fee. This is unheard of. Stay away from CMCBits. 

We Found Problems with CMCBits: 

  • Not regulated
  • Negative reviews
  • No transparency. 
  • No contact information

What You Should Do If You Have an Account with CMCBits? 

You should close your account immediately and demand a withdrawal. If you do not receive a withdrawal, contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!


Best Website For Identifying Scam Crypto Brokers.

File Your Crypto Cointrace Now !

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broker_reviews_manually

Scam Broker Review Union.Pro

Want to Trade with Trade Union.Pro? Read This First!

Trade Union.Pro isn’t a trade union. It has nothing at all to do with workers or clients. Trade Union.Pro claims to be a broker, but instead, it doesn’t have a license and can’t trade on behalf of anyone. Trade Union.Pro is the kind of operation that parks itself in a country where regulations aren’t strong and then they see what they can get away with it. Don’t trust any broker that doesn’t offer proof of a license. 

IsTrade Union.Pro a Scam or Legitimate? 

Trade Union.Pro isn’t a reliable broker. Not only couldn’t find proof that the broker is regulated, but there isn’t any information about who runs Trade Union.Pro. Lack of transparency is a sign of a scam. The fact it’s unlicensed, lacks transparency and is offshore in a place with lax regulations mean that it could be a fraud. Instead we recommend looking for a regulated broker that has a proof of a license and a strong reputation.

We Found Problems with Trade Union.Pro: 

  • Not regulated
  • Negative reviews
  • No transparency. 
  • No contact information

What You Should Do If You Have an Account with Trade Union.Pro? 

You should close your account immediately and demand a withdrawal. If you do not receive a withdrawal, contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!


Best Website For Identifying Scam Crypto Brokers.

File Your Crypto Cointrace Now !

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broker_reviews_manually

Scam Broker Review Investments Global

Want to Trade with Investments Global? Read This First!

Investments Global is a broker we have heard about and looked into. Our clients have complained that this broker has dealt unfairly with them. More than a few of them have said they don’t allow withdrawals. This is a serious offense and is typical of a scam broker. We suspect that Investments Global isn’t a legitimate broker. For one thing, it doesn’t show any proof of a license. That isn’t a good sign.We don’t recommend signing up with any unlicensed broker. 

Is Investments Global a Scam or Legitimate? 

We looked further into Investments Global and found no information about who runs this brokerage or what their terms or conditions are. Every legitimate broker should be transparent about licensing and who is behind the brokerage. We also found many negative reviews in addition to the worrying things our clients have told us about these brokers. We suggest you look for a broker that is regulated and has a solid reputation. 

We Found Problems with Investments Global: 

  • Not regulated
  • Negative reviews
  • No transparency. 
  • No contact information

What You Should Do If You Have an Account with Investments Global? 

You should close your account immediately and demand a withdrawal. If you do not receive a withdrawal, contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!


Best Website For Identifying Scam Crypto Brokers.

File Your Crypto Cointrace Now !

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broker_reviews_manually

Scam Broker Review 5Markets

Want to Trade with 5Markets? Read This First!

If you’ve come across 5Markets, your first question may be “Which 5 markets?” But seriously, this is a broker we’ve heard a lot about–but nothing good. This broker is based in St. Vincent and the Grenadines–a hot bed of unregulated brokers. Scammers go there to get fake licenses so they can claim that they are regulated when they aren’t. This broker has no license, has received multiple complaints by regulators and awful trading conditions. 

Is 5 Markets a Scam or Legitimate? 

We don’t wonder that 5Markets isn’t licensed, since it breaks every rules brokers should follow. It has a second-rate web-based platform, a high minimum deposit, high pips and unfair fees for withdrawals. You shouldn’t have to pay a bundle just to manage your account, but tell that to 5Markets. In addition, 5Markets has been flagged by the SFC of Hong Kong and British Columbia’s BCSC. If regulators have a problem with 5Markets, so should you. 

We Found Problems with 5Markets

  • Not regulated
  • Flagged by the SFC and BCSC
  • Negative reviews
  • No transparency. 
  • No contact information

What You Should Do If You Have an Account with 5Markets

You should close your account immediately and demand a withdrawal. If you do not receive a withdrawal, contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!


Best Website For Identifying Scam Crypto Brokers.

File Your Crypto Cointrace Now !

Categories
broker_reviews_manually

Scam Broker Review Trade Alliance LP

Want to Trade with Trade Alliance? Read This First!

Trade Alliance may look good up front. However, it doesn’t take much digging to find problems with this broker. It has a well-designed website, but seems to have terms and conditions. However, it’s dodgy in its claims of licensing. For instance, it says it’s run by a licensed entity. However, there is no proof of the connection between Trade Alliance and regulators and there is no mention that it’s licensed on the FCA website. All UK-based brokers must have an FCA license. This isn’t a good sign. 

Is Trade Alliance a Scam or Legitimate? 

There are some telltale signs that Trade Alliance doesn’t have an FCA license. It offers a dangerously high leverage at 1:500, which isn’t allowed by regulators because of the risk to clients. Trade Alliance also encourages clients to make deposits in cryptocurrency. Many scam brokers prefer crypto because it’s easier for them to anonymously disappear with funds. Also,  Trade Alliance doesn’t offer high quality trading platforms like MetaTrader 4 or 5. 

We Found Problems with Trade Alliance: 

  • Not regulated
  • Negative reviews
  • No transparency. 
  • No contact information

What You Should Do If You Have an Account with Trade Alliance? 

You should close your account immediately and demand a withdrawal. If you do not receive a withdrawal, contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!


Best Website For Identifying Scam Crypto Brokers.

File Your Crypto Cointrace Now !

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broker_reviews_manually

Scam Broker Review Prime Coin Invest

Want to Trade with Prime Coin Invest? Read This First!

When it comes to teaching the public about the red flags of crypto scams, Prime Coin Invest checks off every box. Prime Coin is the name of a cryptocurrency produced from solving math problems about prime numbers. First of all, Prime Coin has no license. Not only that, but the FCA has flagged this broker for signing up customers in the United Kingdom without holding a license. Not having a license is a major problem–without regulation, customers have no oversight. 

Is Prime Coin Invest a Scam or Legitimate? 

Prime Coin says it offers advanced trading software, but all it gives customers is its web based platform rather than MetaTrader 4 or 5. It says it has low spreads, but its spreads are 3 which is very high. It also cheats customers by demanding a high deposit at $250, charging high fees for withdrawals and extra if customers haven’t made a minimum number of trades. Also, Prime Coin offers bonuses but only after making minimum trades. 

We Found Problems with Prime Coin Invest: 

  • Not regulated
  • Flagged by the FCA
  • Negative reviews
  • No transparency. 
  • No contact information

What You Should Do If You Have an Account with Prime Coin Invest? 

You should close your account immediately and demand a withdrawal. If you do not receive a withdrawal, contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!


Best Website For Identifying Scam Crypto Brokers.

File Your Crypto Cointrace Now !

Categories
broker_reviews_manually

Scam Broker Review  DiamondFX

Want to Trade with DiamondFX? Read This First!

DiamondFX is an offshore broker that has no license. Its site promises traders huge returns, which is a red flag, since no broker can make guarantees. It’s located in St. Vincent and the Grenadines which is a place scam brokers go to avoid regulation. Financial services located in St. Vincent and the Grenadines are usually trying to avoid following rules, like having sufficient market capitalization and reporting to authorities. 

Is DiamondFX a Scam or Legitimate? 

This broker claims that it offers MetaTrader 4 as a trading platform, but we can’t confirm it because it didn’t appear when we signed up for a free trial. It accepts only credit cards and bitcoin, and doesn’t reveal who is behind this operation. The lack of transparency is a sign of a fraud as are the vague terms and conditions. Instead we recommend that you sign up only with a regulated broker and one that has a solid reputation. 

We Found Problems with DiamondFX: 

  • Not regulated
  • Negative reviews
  • No transparency. 
  • No contact information

What You Should Do If You Have an Account with DiamondFX? 

You should close your account immediately and demand a withdrawal. If you do not receive a withdrawal, contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!


Best Website For Identifying Scam Crypto Brokers.

File Your Crypto Cointrace Now !