Is JPY500 the Real Deal or a Scam Broker?
JPY500 is a broker that attempts to present itself as trustworthy, but it lacks a license and has been flagged by the FCA, the primary regulatory body in the United Kingdom. While it claims to provide a wide variety of trading products, its web platform is unimpressive and it imposes a high minimum fee. One clear indication that JPY500 is not legitimate is its practice of enticing people with seemingly generous bonuses.
Something’s Up with JPY500
But what’s wrong with bonuses? Aren’t bonuses a positive thing? While they may seem enticing, they serve as bait to attract unsuspecting individuals. Unregulated brokers offer bonuses with hidden costs. When customers receive bonuses, they are often restricted from withdrawing their funds until they engage in a certain amount of trading. Frequently, this requires an excessive level of trading activity that most customers are unable to achieve. Instead of being beneficial, these bonuses actually serve as a means of depriving customers of their hard-earned money.
Here Are Some Problems with JPY500
- Flagged by the FCA
- No transparency
- Misleading statements
- Numerous customer complaints
If You Need Fund Recovery from JPY500, Talk to Us
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!