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

The broker and the site have a very low trust rating. This is enough of a tip-off that Cryptonite is not a reliable broker. Cryptonite has no license and provides no information about the people behind the company. Having very little transparency is not exactly a recommendation–a licensed broker provides information about licensing, the people who run it, services, and terms and conditions. We get none of this information from Cryptonite. 

There Are Some Problems with Cryptonite?

Like many other scam brokers, Cryptonite has no license. One may wonder why this broker chooses a name that bears a similarity to the one substance that Superman couldn’t stand, but if it is indeed unregulated and if its negative reviews are to be believed, the name may be justified. We suggest that you avoid this broker and instead choose a regulated broker.  Do the research and look for brokers with a good license and reputation. 

Red Flags that Cryptonite Could Be a Scam

• No license
• No transparency
• Unsupported claims
• Bad reviews

If You Need Fund Recovery from Cryptonite, Talk to Us

We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with Cryptonite 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.

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

SNOK Group has been the subject of the SFC, the main regulator of Hong Kong. There are thousands of scam brokers, so SNOK Group must have done something that seems wrong to have been singled out in warning from the SFC. The regulator says that the main problem with SNOK Group is that many customers have said that they have not been able to withdraw their funds. In addition, they have no license. 

There Are Some Problems with SNOK Group?

Not having a license is a major problem. If something goes wrong with a broker, customers have only limited ability to complain if they can’t get recourse from the broker’s regulator. Also, pay attention to negative reviews. Although not all of them are authentic, if there is a huge number of negative reviews, pay attention. 

Red Flags that SNOK Group Could Be a Scam

• No license
• No transparency
• Unsupported claims
• Bad reviews

If You Need Fund Recovery from SNOK Group,Talk to Us

We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with SNOK Group 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.

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

People often decide to trade cryptocurrencies, options, or forex because they are desperate to make some money. That is not the right motive for trading. It is best to trade only with money you can afford to lose and if you have extra funds–not to supplement an income. Unfortunately, BitOption Trade is another broker with no evidence of a license that tries to attract desperate people. They claim people can make a 350% profit monthly and has been shown to be a Ponzi Scheme. 

There Are Some Problems with BitOption Trade?

A Ponzi scheme means there is no trading going on at all. People fund accounts and the broker pretends to trade them, but they find they can’t withdraw their funds. BitOption Trade shows no license, has no trading history yet guarantees huge returns. This is a textbook fraud and should be avoided. 

Red Flags that BitOption TradeCould Be a Scam

• No license
• No transparency
• Unsupported claims
• Suspected Ponzi scheme
• Bad reviews

If You Need Fund Recovery from BitOption Trade, Talk to Us

We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with BitOption Trade 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.

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

Midea Investment insists that it is UK and EU regulated, but offers no proof or details of licensing. Beware of this tactic. It is a common claim by scam brokers that they are “regulated” but look for support for every statement made on the website. You would find very little if any evidence to support Midea Investment’s boasts. 

There Are Some Problems with Midea Investment?

Not actually having a license is a problem. Trying to fool people into thinking you do is even worse. Additionally, Midea Investment promises impossible returns. They claim that the average gain for their clients is an 85% profit. No broker can guarantee that level of return. The average annual return for licensed brokers is around 10%. It may be tempting to go for those guarantees, but it is too much like going to a casino. 

Red Flags that Midea Investment Could Be a Scam

• No license
• No transparency
• Impossible guaranteed returns
• Poor web content
• Bad reviews

If You Need Fund Recovery from Midea Investment,Talk to Us

We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with Midea Investment 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.

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

Trading cryptocurrency is popular. However, many people are losing a bundle, not just because crypto is a risky asset, but because they sign up with brokers that do not have licenses. Many of these brokers are fraudulent and we suspect CoinsnClub is in this category. Why? We have investigated CoinsnClub and feel that it fits the pattern of many scam brokers we come across. 

There Are Some Problems with CoinsnClub?

CoinsnClub has no license and provides very little information about itself. They do not give information about who runs their trading service. They apparently expect people to open an account based on no information or licenses. Unfortunately, many people make the mistake of signing up with brokers like CoinsnClub and end up losing money. We, therefore, recommend staying away from CoinsnClub and to look for a regulated broker instead. 

Red Flags that CoinsnClub Could Be a Scam

• No license
• No transparency
• Unsupported claims
• Poor web content
• Bad reviews

If You Need Fund Recovery from CoinsnClub, Talk to Us

We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with CoinsnClub 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.

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

It is not easy to find out information about WapDigisVip. That is never a good sign for a broker. A legitimate broker will show evidence of a license, media that support its services, reliable testimonials and reviews, terms and conditions, and a full picture of who runs the brokerage and their credentials. WapDigisVip offers none of this. Not only does it not have much information, but its site is also second-rate and it doesn’t create a favorable impression. 

There Are Some Problems with WapDigisVip?

WapDigisVip is not licensed. It is never a good idea to trade with a broker that has no license. If something goes wrong with a licensed broker, you can file a complaint with the regulator. However, if there is no regulator behind a broker, you must seek fund recovery help. Also, WapDigisVip gives very little information about itself. You need to know more about the people you are entrusting your money to. 

Red Flags that WapDigisVip Could Be a Scam

• No license
• No transparency
• Unsupported claims
• Poor web content
• Bad reviews

If You Need Fund Recovery from WapDigisVip, Talk to Us

We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with WapDigisVip 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.

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

FunCube is an intriguing name. It could be a kind of toy or gaming app. However, those who sign up with FunCube can testify that it’s no fun and games. Too many people have reported that they deposited money into FunCube’s brokerage account, never to see it again. However, FunCube claims it is the “world’s leading” online broker–have you heard of it? It also says it serves 180 countries “on the globe.” No broker is regulated to work in that many countries. 

There Are Some Problems with FunCube?

This kind of boasting is not just harmless. We often find that brokers that make huge claims and speak of themselves in superlatives are hiding something. Frequently, they are disguising the fact they have a third-rate license or no license at all. FunCube does not show a license or any proven record of success. We therefore take negative reviews very seriously and would recommend staying away from that broker. 

Red Flags that FunCube Could Be a Scam

• No license
• No transparency
• Unsupported claims
• Poor web content
• Bad reviews

If You Need Fund Recovery from FunCube, Talk to Us

We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with FunCube 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.

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

WaterFCXis like many unregulated brokers that we evaluate. They do not have a license, and offer very little information about their company, no contact information or any details about how clients will make money. Instead, visitors to the site are given guarantees that they will make lots of money trading risky assets. But could WaterCFX be legitimate? No. 

There Are Some Problems with WaterCFX?

The reason we are so certain that WaterCFX is not the right choice is experience. Our experts have seen this case hundreds of times and it never turns out well. First, they have no license. Would you get into a taxi with a driver who has no license? Obviously not. Why would you trust your money with anonymous brokers who do not show a license? This seems obvious, and yet too many people lose money to these scams. Don’t let it happen to you. 

Red Flags that WaterCFX Could Be a Scam

• No license
• No transparency
• Unsupported claims
• Bad reviews

If You Need Fund Recovery from WaterCFX, Talk to Us

We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with WaterCFX 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.