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

SanderFX is an unregulated broker that claims to offer forex and CFD trading. It says it has 10 million traders worldwide. However, this doesn’t seem to be true. SanderFX has made multiple untrue statements about its licensing. This is an unregulated and unreliable broker and we urge you to stay away. 

There Are Some Problems with SanderFX

SanderFX talks a big game about licensing. It falsely claims to have licenses from top tier brokers in the UK and Cyprus–the FCA and CySec. In reality, it doesn’t hold these licenses. In addition, SanderFX says it holds a license from St. Vincent and the Grenadines and St. Lucia. Even though these are third tier licenses anyone could obtain, it isn’t even licensed by these sub-par entities. Additionally, the company that supposedly runs it, Gembell Limited, is also fake. We are exhausted by this deception and you should be too.

Red Flags that SanderFX Could Be a Scam Broker

• No license
• Many misleading statements about licensing 
• Bad reviews
• No contact information

If You Need Fund Recovery from SanderFX, Talk to Us

We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with SanderFX. close it and request a withdrawal. If you are not given your money back, contact the 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 FXCryptoIndex Is Legitimate or a Scam?

The name indicates that FXCryptoIndex may be the right broker if you want forex and cryptocurrency trading, but before you start signing up, look at some of the warning signs. FXCryptoIndex provides no licensing information and no names of people who run this organization. The lack of transparency should be unsettling–-would you trust your money with a complete stranger? 

There Are Some Problems with FXCryptoIndex

Transparency and licensing are the most important things to look for in a broker. Any reliable broker should immediately provide proof that they have a license. There should be an About Us section on the website, a thorough description of terms and conditions and independent reviews. FXCryptoIndex lacks even a fraction of this information, and therefore, shouldn’t be trusted. 

Red Flags that FXCryptoIndex Could Be a Scam

• Unlicensed
• No transparency
• No contact information
• Bad reviews

If You Need Fund Recovery from FXCryptoIndex, Talk to Us

We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with FXCryptoIndex. close it and request a withdrawal. If you are not given your money back, contact the 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 Sova Capital Limited Is Legitimate or a Scam?

Sova Capital Limited is a regulated broker. It has a  license from the FCA. That must mean it’s okay, right? Not necessarily. The FCA has flagged Sova Capital Limited not for behaving fraudulently (necessarily), but because it has to be under “Special Administration” because it is insolvent.

There Are Some Problems with Sova Capital Limited

Not all of the brokers on our list are outright frauds. Some brokers can have serious financial problems and can become insolvent. Perhaps Sova Capital Limited was also involved with shady ventures as well, but they don’t need to be dodgy to have some red flags. 

We don’t have any other indication that Sova Capital Limited is problematic except for this notice from the FCA. It may someday recover financially and be able to operate again. However, its reputation has been tarnished and until it recovers, look for a regulated broker with solid financial footing. 

Red Flags that Sova Capital Limited Could Be a Scam

• Unlicensed
• No transparency
• No contact information
• Bad reviews

If You Need Fund Recovery from Sova Capital Limited, Talk to Us

We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with Sova Capital Limited. close it and request a withdrawal. If you are not given your money back, contact the 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 LoanTech.top Is Legitimate or a Scam?

LoanTech.top may seem like an attractive way to make some extra money, but watch out. It may promise 3% returns per day. Guaranteed returns, particularly from risky assets, are a sign of a scam. No reliable broker can promise you will make a specific amount of money. Additionally, LoanTech.top is a suspected Ponzi scheme, a possible MLM and isn’t licensed. 

There Are Some Problems with LoanTech.top

We aren’t the only ones who have found issues–there are many bad reviews, warnings from regulators such as the FCA and some signs that this broker may be a pyramid scheme that encourages clients to recruit others with false promises of extra profits. It may be a Ponzi scheme and may not even be trading clients money anyway, but circulating it in and out of the broker’s account. Stay away. 

Red Flags that LoanTech.top May Be a Scam

• No license
• Suspected clone scam
• Warning from the FCA
• No transparency
• Bad reviews

If You Need Fund Recovery from LoanTech.top,Talk to Us

We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with LoanTech.top. close it and request a withdrawal. If you are not given your money back, contact the 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 Capital-Brokers Is Legitimate or a Scam?

Capital-Brokers may seem like a reliable broker, but it has been flagged by the FCA as a suspected clone broker. This kind of scam involves a broker adopting a similar name to a licensed broker. In this case, the “real” version is called Capital Trust Financial Management and is regulated by the FCA. However, Capital-Brokers has no license. There are also many negative reviews from customers who have lost money with Capital-Brokers. 

There Are Some Problems with Capital-Brokers

Clone broker scams are pernicious because they are trying to deceive people into thinking they are actually opening an account with a licensed broker. This harms the customer and the legitimate broker, because people could get confused and think the real broker is the scam. Cases like this are the reason it is important to double check names and web addresses before opening a brokerage account. 

Red Flags that Capital-Brokers May Be a Scam

• No license
• Suspected clone scam
• Warning from the FCA
• No transparency
• Bad reviews

If You Need Fund Recovery from Capital-Brokers, Talk to Us

We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with Capital-Brokers. close it and request a withdrawal. If you are not given your money back, contact the 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 Scam Consulting SCC Is Legitimate or a Scam?

One of the worst things a person can do is to betray someone who is seeking help. Unfortunately that is what Scam Consulting SCC has been accused of, and given negative reviews and warnings from the FCA, it seems there may be some substance to these accusations. Scam Consulting SCC pretends to get money back for its clients, but there is no proof of any of this. It isn’t regulated nor does it provide visitors very much information on the site. 

There Are Some Problems with Scam Consulting SCC

When the FCA warns the public against financial services, it is worthwhile to pay attention. This top UK regulator is an authority on financial services, and it has identified Scam Consulting SCC as a problematic entity. There is no reason why someone should trust this organization, because it doesn’t explain anything–the landing pages are scant on information. 

Red Flags that Scam Consulting SCC May Be a Scam

• No license
• No contact information
• Warning from the FCA
• No transparency
• Bad reviews

If You Need Fund Recovery from Scam Consulting SCC, Talk to Us

We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with Scam Consulting SCC. close it and request a withdrawal. If you are not given your money back, contact the 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 CapFM.io Is Legitimate or a Scam?

CapFM.io may seem like a reliable broker, but it isn’t. In fact, it has been flagged by the FCA as a clone scam–that is, it takes on a name that is similar to a regulated broker to fool people into thinking they are signing up with a licensed financial service. This is one of the worst types of scams because it intentionally tries to hoodwink customers and can tarnish the name of a real entity, given the similarity of the names. 

There Are Some Problems with CapFM.io

CapFM.io demonstrates why it is essential to double check everything when you are signing up with any financial service. Just a few letters in a name or a slight variation in a website address are enough to get you on the wrong path. Always check reliable reviews like this one before opening an account with a broker. 

Red Flags that CapFM.io May Be a Scam

• No license
• No contact information
• Clone scam
• No transparency
• Bad reviews

If You Need Fund Recovery from CapFM.io, Talk to Us

We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with CapFM.io. close it and request a withdrawal. If you are not given your money back, contact the 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 RelyCoin Is Legitimate or a Scam?

RelyCoin has a name that more than implies this broker wants people to trust them. However, it doesn’t give us any reason to want to entrust funds with them. The language on the site pretends to be English, but it is very poorly written, even incomprehensible, with phrases like, “Season of welfare activities–consult welfare customer service” and other gaffes. With huge promises, inept phrasing and no license, we urge you to skip this broker. 

There Are Some Problems with RelyCoin

Badly written content may not seem to be the most worrying problem. However, it’s an indication of incompetence, at the very least. Additionally, this broker offers no transparency, proof that it is regulated or additional information that may salvage its reputation. Therefore, we must conclude that it has no good qualities to show and we suggest working with another financial service. 

Red Flags that CryptoInvestigo May Be a Scam

• No license
• No contact information
• Very poorly written content and weird graphics
• No transparency
• Bad reviews

If You Need Fund Recovery from CryptoInvestigo, Talk to Us

We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with RelyCoin. close it and request a withdrawal. If you are not given your money back, contact the 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 Ifhs Legitimate or a Scam?

Have you heard the expression, “No news is good news?” That simply isn’t true when it comes to investigating brokers. We should call this broker CryptoInvestiNO because, after our investigations we can find absolutely no reason to trust them. Any regulated financial service should give site visitors, at minimum, evidence of a license, including certificates and links to regulators, a full “About Us” page, terms and conditions, independent reviews and more. Instead, we get nothing from CryptoInvestigo. 

There Are Some Problems with CryptoInvestigo

After a lack of a license, the biggest problem we see investigating suspected scam brokers is a lack of transparency. Giving people no information or real contact details isn’t a good sign. Why would you trust your money with brokers that don’t provide basic information about themselves? There is no reason. Should you open an account with this broker? We say, CryptoInvestiNO!

Red Flags that CryptoInvestigo May Be a Scam

• No license
• No contact information
• No transparency
• Bad reviews

If You Need Fund Recovery from CryptoInvestigo, Talk to Us

We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with CryptoInvestigo, close it and request a withdrawal. If you are not given your money back, contact the 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 YCoin.Top Is Legitimate or a Scam?

YCoin.Top tries to create an eye-catching website. However, what the visitor sees are flashing poorly written and badly formatted copy such as “The most trusted, secure, fast, reliable etc.” Upon further investigation, there is absolutely no information to back up this statement or even to inspire an iota of confidence. To top it all off, YCoin.Top has been flagged by the FCA. 

There Are Some Problems with YCoin.Top

The problems with YCoin.Top are obvious. Poorly written copy and sub-par design seem superficial, but it often is a sign of deeper problems. The fact is YCoin.Top is not regulated, has been the subject of a warning by the FCA and is a suspected clone broker. This means they are trying to make people think they are signing up with a regulated broker by adopting a similar name. 

Red Flags that YCoin.Top May Be a Scam

• No license
• Poor web content
• No transparency
• Flagged by FCA
• Bad reviews

If You Need Fund Recovery from YCoin.Top,Talk to Us

We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with YCoin.Top, close it and request a withdrawal. If you are not given your money back, contact the 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.