Want to Trade with EminiFX? Read This First!
It’s often hard to find out very much about unlicensed brokers. They don’t volunteer information about themselves and rarely make the headlines. However, in the case of EminiFX, we know quite a bit. This unlicensed broker was the subject of an investigative article in The Washington Post. EminiFX is a Ponzi scheme. This means it offered no trading, but simply funneled money through accounts, leaving investors empty-handed. The case was so severe that EminiFX was given a cease and desist order and is facing further prosecution.
Is EminiFX a Scam or Legitimate?
It is clear that EminiFX is a scam and was never intended as a legitimate trading service. How can you stay safe from scams like EminiFX? The first thing you can do is to look for a license. Most of the high profile financial scams aren’t licensed. We research these brokers very carefully to find which are reliable and which are not.
We Found Problems with EminiFX:
- No license
- Confirmed Ponzi scheme
- Negative press
- No transparency
- Bad reviews
What You Should Do If You Have an Account with EminiFX
If you currently hold an account with EminiFX 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!
