Scam Broker

Do You Want to Know If Is Legitimate or a Scam Broker? has an attractive website. They make it clear they have segregated accounts and negative balance protection. These are clearly features of regulated and reliable brokers. Or it could be an indication that the broker wants people to believe they are legitimate. Well, it appears they are not. has no license at all and is located in St. Vincent and the Grenadines, which has very lax standards for financial companies. 

There Are Some Problems with

Pips are obscenely high at 2.9 which means that trading is very expensive. The minimum deposit is more than twice the average. provides only a web-based platform that can easily be manipulated by the broker. The About Us section tells us nothing about who runs the broker. Instead, the terms and conditions say the broker can close down an account for any reason, and request passwords. They also try to get customers to guarantee they won’t sue the broker. This is definitely fishy. 

Red Flags that Could Be a Scam Broker

  • No license
  • High pips and leverage
  • Strange terms and conditions
  • Lack of transparency
  • Verified customer complaints

What You Should Do If You Have an Account with 

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

Best Website For Identifying Scam Crypto Brokers.

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