Day: April 7, 2022

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scam reviews 2022

FXHours Ltd Review

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FXHours Ltd

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Do You Want to Know If  FXHours Ltd Is Legitimate or a Scam?

Many brokers and financial services have names that sound alike. This is true of FXHours and FXHours Ltd. FXHours is a forex trading app that allows automated trading for overlapping hours that may not be in the trader’s time zone. This is an app sold on GooglePlay, which may make it seem reliable, but keep in mind not every app on GooglePlay is legit. There is also a broker called FXHours Ltd. 

There Are Some Problems with  FXHours Ltd?

We didn’t find anything on  FXHours Ltd.’s website about licensing, which is concerning. We do not recommend brokers that are not licensed. There were some badly written positive reviews of  FXHours Ltd, which indicate that someone from the company wrote them. Also, we noticed guaranteed returns. No forex broker can guarantee returns from such a risky asset. We would stay away. 

Red Flags that  FXHours Ltd. Could Be a Scam

  • No license
  • Fake positive reviews
  • No transparency
  • Guaranteed returns

If You Need Fund Recovery from  FXHours Ltd., Talk to Us

We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with FXHours close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.

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scam reviews 2022

TrufortFX Review

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TrufortFX

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Do You Want to Know If TrufortFX Is Legitimate or a Scam?

Not only is TrufortFX a complicated name to say and write, but it is also hard to find out any reason to trust this broker. It turns out that this broker does not have a license, which is enough of a reason to cross it off the list. However, there are other issues we found that can signal that this is probably not a real broker. 

There Are Some Problems with TrufortFX 

The web content is poor. There are often all caps, and meaningless sentences such as “bitcoin is one of the most important inventions in all of human history.” It claims to have “world coverage” and be regulated for 99% of the countries in the world. This is impossible unless a broker has every single license. We suggest looking for a reliable regulated broker and forgetting about TrufortFX. 

Red Flags that TrufortFX Could Be a Scam

  • No license
  • Very poor web content
  • No transparency
  • Negative reviews

If You Need Fund Recovery from TrufortFX, Talk to Us

We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with TrufortFX, close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.

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scam reviews 2022

ETH Banko Review

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ETH Banko

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Do You Want to Know If ETH Banko Is Legitimate or a Scam?

ETH Banko has been flagged because it is an unregulated broker and the website has a low trust ranking. This is enough reason not to look any further–there are many regulated and reliable crypto brokers that you don’t need to take a chance on one that has seems sketchy. However, we looked further into ETH Banko and this is what we found. 

There Are Some Problems with ETH Banko

What information did we find about ETH Banko? Not enough to inspire confidence. On the site, there was no indication of who runs it, contact information or details about licensing. It was the typical situation–a lot of guarantees and statements about how great this broker is, but no evidence to back it up. We recommend you look further and find a regulated broker if you want to buy and trade cryptocurrencies. 

Red Flags that ETH Banko Could Be a Scam 

  • No license
  • Low trust rating
  • No transparency
  • Negative reviews

If You Need Fund Recovery from ETH Banko, Talk to Us

We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with ETH Banko, close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.

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scam reviews 2022

Centogx Review

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Centogx

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Do You Want to Know If Centogx Is Legitimate or a Scam?

Centogx hs gotten a lot of attention from regulators but not for good reasons. It claims it is based in the UK, and yet it has no FCA license. Many European regulators have warned the public about Centogx, including the CNMV in Spain, Italian CONSOB and Belgium’s FSMA. In spite of all this, Centogx still has the audacity to try to persuade people that it is an “award winning broker” without showing any evidence. 

There Are Some Problems with Centogx

Undeterred by all the warnings and red flags raised against it, Centogx is bold enough to declare that it is the “best broker in Canada.” It offers proprietary trading through Webtrader and an app for automated trading that customers say is fake. With all of these problems, there is no reason to trade with Centogx. Instead, research regulated brokers. 

Red Flags that Centogx Could Be a Scam 

  • False claims of licensing
  • Flagged by the FCA
  • Dangerously high leverage
  • Negative reviews

If You Need Fund Recovery from Centogx, Talk to Us

We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with Centogx, close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.