review – 5 things you should know about


Beware! is an offshore broker! Your investment may be at risk.



Don’t put all your eggs in one basket. Open trading accounts with at least two brokers. is a shady broker, no doubt about that. In the following review we will dive into the main reasons why users should  avoid this one.

Registering was simple, easy, and very fast. What resulted was a trading software, which seemed to act as the main client area on top of being the trading software. This platform gave us a EUR/USD spread of 0.1 pip, an incredible decent value, and a leverage cap at 1:20. The trading instruments offered here are forex pairs, ETFs, commodities, cryptocurrencies, stocks, and indices.

There is no real details on the possibility of a commission applied to the spread, which is very suspicious. Readers should be aware that such a low spread, especially for a popular asset that is the EUR/USD currency pair, is suspicious. We have never come across a legit broker offering so low a cost of spread without also having a semi-hidden commission attached to it. The fact that does not offer insight into a commission is very suspicious.

The website of the broker is available in English, Spanish, Russian, German, French, Italian, and Chinese.


We learn nothing of the broker’s identity through the terms and conditions, which is indicative of what we are about to reveal. The only source of information that we can use, in term of a possible license, is the website section dedicated for this.

There we learn that the broker holds a license from a huge roster of regulators. According to the broker, it holds a license from CySEC, from the Financial Services Commission of Mauritius, and from the FSA- can be a number of regulators, like the Seychelles one.

It goes without saying that none of these regulators actually authorize the broker. All these claims are a front to the scam that is All the sign are there: not only is the broker not mentioned by these regulators on their websites, but the company offers shady services, incomplete information, and  other suspicious elements. is UNREGULATED, and a risk to all investments.

We always say that investing in unregulated brokers is a sure way to lose money. The first and foremost thing to do when picking a broker to invest in is to look for a license. Preferably look for FCA or CySEC regulated brokers, or other European watchdogs, or US ones. All legit regulators have long lists of rules and prerequisites that all brokers must abide by. Not doing so, will lead to penalties or foreclosure! Furthermore, many regulators have in-store financial compensation schemes for all users under licensed brokerages. For example, CySEC guarantees up to €20 000 per person, while the FCA guarantees up to £85 000.


We weren’t really impressed with the web trader presented by, even if the broker heavily relies on first impressions here. Have a look at it yourself.

The main, and only, trading features are top-loss, take-profit, time frames, limited chart customization tools, and pending orders. This are all the features, and beyond them, there really isn’t much else to do here. What this web trader has it going for itself is its visuals, which are appealing enough to lure in unsuspecting users.


The moment we opened the user area is the exact moment asked from us to deposit through a bitcoin wallet. There was no other payment method available anywhere else, and there was no limit on the minimum deposit. Just remember that BTC deposits are untraceable, and thus are by far the biggest investing method ever! Never invest in an unregulated broker through a crypto wallet, whatever the cryptocurrency may be!
However, through the trading platform we learn that the minimum amount of money one must have in order to start trading is $150.

There is nothing we can learn from the withdrawal area in the user section because we have to first deposit in order to withdrawal, and depositing is strongly against!

The legal terms claims that the broker charges fees for alternative payment methods. Aside from this, there isn’t really too much to offer on withdrawals. The broker is quite on this front, which makes us very suspicious. We believe that, judging by the depositing section, the crypot wallet is the only withdrawal option, while the processing time should be no more than a day.

Overall, this broker is yet another unreliable broker. Do not waste your time here!

How does the scam work?

Online ads are the gateway to most investment scams. Ads that seem extravagant with quite impossible promises are most certainly the entry point into a scam. Gibing into one of these ads is the first step to being scammed.

The second step is to deposit. Once users click on the ad, they will be redirected to a scammer broker site or an intermediary website. What follows is a registration, where users will be asked to provide a phone number or a phone number.

Next, the scammer will directly contact those that have fallen for it. The first calls are made by the first level of fraudsters, the rookies. Their one and only goal is to compel users to deposit for the first time. Once a deposit is made, the user is hooked onto the scam.

The second wave of scammers, the core of the fraud, sometimes called “account managers”, will try to keep you invested in the shame for as long as possible. They might even pay some profits, just to keep you invested. The user will deposit an additional 2-3 times, which is actually the perfect scenario for these criminals. At some point, the user will realize he or she is in the middle of a scam

There are no more steps to the scam. The user has deposited as much as he or she did, and the fraudster have disappeared. The money is gone, and users cannot withdraw.

What to do if scammed?

If money was lost through a credit or debit card, the good news is that most credit card companies have an easy way of recovering money. Furthermore, MasterCard and VISA have a chargeback period of 540 days.

Wire transfer frauds, that is broker/investment scams, are harder to recuperate, but not impossible. The crucial thing to do is to change your bank account username and password! Aside from that, we advise users to contact their banks, because most banking institutions might have a plan on how to deal with money lost to investment scams!

Never invest in unregulated brokers through any sort of cryptocurrency wallet, no matter how good the returns sound! Crypto deposits are untraceable!

The last scam that users might stumble upon is in fact most of the time one that has nothing to do with the investment scam, although a potential relationship between the two is not excluded. We are talking about the so-called recovery agents or agencies. These will claim to be able to recover lost funds in return for a fee. After users pay this charge, they can kiss their money goodbye!

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By Tucker

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