Is SHIB-Giveaway a Scam? 

 We may all have seen cryptocurrency deals advertised on social media. They thrive on unrealistic promises and claim that they can double customers’ money in a day or a few hours. Sadly, most people lose all of their original investment in these schemes and SHIB-Giveaway follows a very similar model. Like these schemes, they are active on social media and rely on people giving them information through insecure means, such as messenger. They can then block the customer and disappear.

Is SHIB-Giveaway a Scam or Legit?

There are many complaints about this broker which is not surprising because it is not regulated, does not have a secure website, and makes extravagant claims. It is alleged that SHIB-Giveaway sells consumer data and is a prime example of why people who want to trade cryptocurrency should do so only on a regulated platform or with a licensed broker. We suggest that you search for a reliable broker with a license rather than chase crypto scams on social media. 

Here are some problems we have discovered from our research on SHIB-Giveaway and reviews:  

• No license
• No secure website
• Huge claims
• No contact information
• Is probably selling customer data

Our experts do not recommend SHIB-Giveaway.  We encourage visitors to do research, read our broker reviews, and select regulated brokers. If you have been scammed by SHIB-Giveaway or any other broker, contact Broker Complaint Registry right away and we can advise you on fund recovery. 

Is SuntonFX a Scam Broker? 

If the name SuntionFX sounds familiar it could be that it shares part of its name with Sunton Capital. The two brokers may share more than a name. It isn’t common for scam brokers to clone other brokers using similar-sounding names, but in this case, there are questions about both Sunton Capital and SuntonFX. Often unregulated brokers will adopt several names to throw off regulators and the public. 

Is SuntonFX a Scam or Legit Broker?

SuntonFX boasts about its services and claims that it has higher standards than the FCA, the Financial Conduct Authority of the UK. This is hard to believe since the FCA is a top-tier regulator. It is also not an excuse for not having a license from the FCA which SuntonFX clearly does not. Therefore, we recommend staying away from this broker. Particularly concerning was one review that this broker asked for extremely sensitive data. 

Here are some problems we have discovered from our research on SuntonFX and reviews:  

• Unlicensed 
• Poorly designed website
• Brags about not needing a license
• Asks clients for sensitive data
• No contact information

Our experts do not recommend SuntonFX We encourage visitors to do research, read our broker reviews, and select regulated brokers. If you have been scammed by SuntonFX or any other broker, contact Broker Complaint Registry right away and we can advise you on fund recovery.

Is Adnxbit a Scam Broker? 

Adnxbit is one of many “mysterious” brokers that does not have any contact or licensing information and does not provide transparency. Research is one of the most important steps you can take before signing up for any financial service. Would you get into a taxi cab if the driver has no license? Most likely not. For the same reason, it is a bad idea to trust your money with an unlicensed broker. 

Is Adnxbit a Scam or Legit Broker?

Although it is possible that Adnxbit is legitimate, it is unlikely. In our investigation of brokers, we rarely see reliable services coming from unlicensed brokers. Without the oversight of a regulator, the customer has little recourse when they complain about disappearing brokers or if they have a dispute. We suggest looking for a licensed broker instead of Adnxbit. Research brokers online and ensure they are licensed, provide contact information, and give a thorough description of their services before signing up. 

Here are some problems we have discovered from our research on Adnxbit and reviews:  

• Unlicensed
• Negative reviews
• Lack of visibility into who runs it
• No transparency

Our experts do not recommend Adnxbit.  We encourage visitors to do research, read our broker reviews, and select regulated brokers. If you have been scammed by Adnxbit or any other broker, contact Broker Complaint Registry right away and we can advise you on fund recovery.

Is Kirther Investment a Scam Broker? 

Kirther Investment’s website is not terribly impressive. The content is not well-written and the design is pretty basic. This shouldn’t be enough to completely reject a broker and of course, some scam brokers have impressive-looking websites, but it is a tip-off that this service does not pay attention to details and invest in its services. More important than the website design and content is the fact that the British Columbia Securities Commission and the Ontario Securities Commission issued a warning about Kirther Investment. 

Is Kirther Investment a Scam or Legit Broker?

The main problem is, of course, the warning against Kirther Investment, which falsely claims that it is licensed to offer brokerage services to Canadians. However, two major Canadian regulators have confirmed this is incorrect and that Kirther Investment has no license. Therefore, it is best to stay away from this broker. Not having a license is bad enough, but also earning a negative report from a regulator is a deal-breaker. 

Here are some problems we have discovered from our research on Kirther Investment and reviews:  

• False claims about licensing
• Warnings from two regulators
• Sub-par web content
• No visibility
• Bad reviews

Our experts do not recommend Kirther Investment.  We encourage visitors to do research, read our broker reviews, and select regulated brokers. If you have been scammed by  Kirther Investment or any other broker, contact Broker Complaint Registry right away and we can advise you on fund recovery. 

Is Mining Pool a Scam Broker?

Mining Pool is a broker with a large number of bad reviews. Although reviews often inform our decisions about what to buy or what services to sign up for, many broker reviews created by so-called customers are fake. Often, dodgy brokers hire people to make false-positive reviews and competitors can run smear campaigns about other brokers. However, if there is a large number of negative reviews it is important to pay attention, even though the individual reviews should be viewed with some skepticism. 

Is Mining Pool a Scam or Legit Broker?

The main problem with Mining Pool is not the reviews but the fact that it is not regulated. It is not uncommon for brokers and trading services associated with cryptocurrencies to be unlicensed. Even though cryptocurrencies are not regulated, that does not mean that customers should use brokers and platforms that have no licenses. The one way to keep your money safe with risky assets is with licensed brokers and platforms. 

Here are some problems we have discovered from our research on Mining Pool and reviews:  

• No license
• Bad reviews
• No visibility 
• No contact information

Broker Complaint Registry experts have examined Mining Pool and have discovered that it is a scam. If you want to trade, do some research and select only a regulated broker. If you need assistance finding a reliable broker or require fund recovery from a scam broker, consult with our professionals right away.

Is CrystaLead a Scam Broker?

CrystaLead is a broker that doesn’t give much information about itself. This is never a good sign since a reliable broker should be open about its services. Worse yet, the

BCSC, a top regulator in Canada, has complained about CrystaLead by name as a broker that has not been honest and trades with Canadian clients even though it has no license. CrystaLead may suggest or pretend they are licensed, but it is yet another unregulated broker that seems to be causing problems. 

Is CrystaLead a Scam or Legit Broker?

We don’t recommend trading with an unregulated broker, especially one that has been singled out by the BCSC as one that should be avoided. A better course of action is to do thorough research, look for a regulated broker with a solid reputation and avoid unlicensed brokers like CrystaLead. 

Here are some problems we have discovered from our research on CrystaLead and reviews:  

• No license
• Warning from British Columbia Securities Commission
• No visibility
• Negative reviews

Our experts do not recommend CrystaLead.  We encourage visitors to do research, read our broker reviews, and select regulated brokers. If you have been scammed by CrystaLead or any other broker, contact Broker Complaint Registry right away and we can advise you on fund recovery. 

Is Sumcoin a Scam? 

Sumcoin represents itself as the best of the batch when it comes to cryptocurrency. Sumcoin is a so-called “index” coin whose value is the sum of the top 100 cryptocurrencies. Since Bitcoin came onto the scene in 2008, thousands of cryptocurrencies have hit the market. It can be confusing which coins to buy or invest in. Sumcoin seems to an easier to choose a coin by giving exposure to the best-performing coins. 

Is Sumcoin a Scam or Legit?

There are critics and fans of Sumcoin. The critics claim that Sumcoin is a scam because cryptocurrency is a completely free market and the concept of an “index” does not make sense. They say Sumcoin creators claim to do what can’t be done. For instance, there can be stock indices because stocks are a regulated market. Sumcoin, according to critics, gives the impression it is stable when in fact cryptocurrencies are extremely volatile and the top ten currencies change position frequently. 

However, the question arises is Sumcoin simply risky, or is it fraudulent? After examining Sumcoin, Broker Complaint Registry experts could not conclude that it was definitely a scam. However, we urge caution to those who want to buy Sumcoin or any other cryptocurrency, since these are risky assets. 

Broker Complaint Registry is here to help if you need assistance retrieving your money from a crypto scam or a broker dispute, contact our experts today.

Is CashFXGroup a Scam Broker? 

CashFXGroup promises to “expand possibilities” and to help clients “achieve the impossible.” Whether a company is selling trading or soap, it is best to stay away from claims like this. “Expand possibilities” is such a vague phrase that it sounds like low-quality marketing fluff. No one should promise to help someone “achieve the impossible.” A broker instead should give realistic targets. 

Is CashFXGroup a Scam or Legit Broker?

CashFXGroup does indeed promise the impossible and tells traders they can make 20% per month. Given that the average yearly return from a licensed is only 10%, this claim can’t be taken seriously. There is little wonder that ASIC has issued a warning about this broker. ASIC is a top-rated regulator and it is essential to pay attention to their warnings. It is a better idea to look for a regulated broker that gives believable targets and more information about their background and services. 

Here are some problems we have discovered from our research on CashFXGroup and reviews:  

• Not licensed
• Warning from ASIC
• Impossible guarantees
• No visibility 
• Negative reviews

Our experts do not recommend CashFXGroup.  We encourage visitors to do research, read our broker reviews, and select regulated brokers. If you have been scammed by CashFXGroup or any other broker, contact Broker Complaint Registry right away and we can advise you on fund recovery.

Is Hashtrade a Scam Broker?

Cryptocurrency trading is extremely popular. It is also volatile and those who want to trade bitcoin and other cryptocurrencies are often vulnerable to crypto scams. Hashtrade is not a reliable trading opportunity and has been flagged by the FCA. It falsely claims to have a license and the FCA says that it is a new version of an early scheme called Paragon Ventures. The FCA has already done research on this broker, so there is no need for you to—in this case, we recommend staying away. 

Is Hashtrade a Scam or Legit Broker?

Regulators make it their job to warn consumers about unlicensed brokers that have been engaging in shady practices. There is no reason to trust a broker after they have received such a warning. There are so many regulated and trustworthy brokers that it is hard to understand why anyone would work with Hashtrade knowing all of these red flags. 

Here are some problems we have discovered from our research on Hashtrade and reviews:  

• No license
• Warning from the FCA
• New version of an earlier scheme
• No transparency
• Bad site
• Negative reviews

Our experts do not recommend Hashtrade.  We encourage visitors to do research, read our broker reviews, and select regulated brokers. If you have been scammed by Hashtrade or any other broker, contact Broker Complaint Registry right away and we can advise you on fund recovery.