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scam reviews 2023

Angel Finance – Broker Review

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Angel Finance

Know Your Options and Recover Your Funds

The United Kingdom’s Financial Conduct Authority has issued a warning against Angel Finance in August 2023

Angel Finance is a broker that offers a range of financial products and services, such as forex, stocks, commodities, indices, and cryptocurrencies. The broker claims to have over 10 years of experience in the industry and to provide a secure and reliable trading platform. However, there are some red flags that suggest that Angel Finance may not be a trustworthy broker. Here are some of the reasons why you should be cautious before investing with Angel Finance:

  • Angel Finance is not regulated by any reputable authority. The broker does not disclose its registration or license number, nor does it mention any regulatory body that oversees its operations. This means that the broker is operating illegally and that your funds are not protected in case of any issues.
  • Angel Finance has a lot of negative reviews and complaints from its clients. Many traders have reported that the broker is involved in fraudulent activities, such as manipulating prices, refusing to process withdrawals, charging hidden fees, and harassing customers with phone calls and emails. Some clients have even accused the broker of stealing their money and personal information.
  • Angel Finance has a very poor customer support service. The broker does not provide any live chat or phone support, and the only way to contact them is through email or a web form. However, many clients have complained that the broker does not respond to their queries or requests, or that they receive generic and unhelpful answers.
  • Angel Finance has a very limited and outdated trading platform. The broker only offers the MetaTrader 4 platform, which is an old and obsolete software that lacks many features and tools that modern traders need. Moreover, the broker does not have a mobile app or a web-based platform, which limits the accessibility and convenience of trading.

In conclusion, Angel Finance is a broker that you should avoid at all costs. The broker is unregulated, unprofessional, and unethical, and it poses a high risk of losing your money and personal data. There are many other reputable and regulated brokers in the market that offer better trading conditions and services. Therefore, we do not recommend Angel Finance as a reliable broker.

What to Do If You’ve Lost Money with Angel Finance?

If you have been scammed by Angel Finance or any other broker, you’ll want to seek assistance from brokercomplaintregistry.com immediately. Our experts will consult with you and bolster your claim to help you get your money back. Brokercomplaintregistry.com is a leader in recovering your funds and will help you retrieve your funds from a broker scam.

Categories
scam reviews 2023

Saxo FX – Broker Review

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Saxo FX

Know Your Options and Recover Your Funds

Saxo FX is a forex broker that claims to offer a wide range of trading instruments, low spreads, fast execution, and excellent customer service. But is Saxo FX a scam or a legit broker? In this blog post, we will review Saxo FX and its features, and help you decide if it is worth your time and money.

Saxo FX is a brand name of Ace Investing Ltd, a company registered in St. Vincent and the Grenadines. According to its website, Saxo FX is regulated by the Financial Services Authority (FSA) of St. Vincent and the Grenadines, and has offices in London, Dubai, and Hong Kong. However, we could not find any evidence of Saxo FX’s FSA license number or registration details on the FSA website. This raises some red flags about the credibility and transparency of Saxo FX.

Saxo FX offers four types of trading accounts: Micro, Standard, Premium, and VIP. The minimum deposit for the Micro account is $100, while the VIP account requires a whopping $50,000. The leverage offered by Saxo FX ranges from 1:100 to 1:500, depending on the account type and the trading instrument. Saxo FX claims to offer over 200 trading instruments, including forex, commodities, indices, stocks, and cryptocurrencies. However, when we tried to access the trading platform, we were asked to provide our personal information and verify our identity before we could see the available instruments and their trading conditions. This is another sign of a lack of transparency and professionalism from Saxo FX.

Saxo FX provides two types of trading platforms: MetaTrader 4 (MT4) and WebTrader. MT4 is a popular and reliable platform that offers advanced charting tools, indicators, expert advisors, and automated trading. WebTrader is a web-based platform that does not require any download or installation. It has a simple and user-friendly interface that allows traders to execute trades with ease. However, we could not test the performance or functionality of either platform, as we were not able to access them without providing our personal details.

Saxo FX claims to have a dedicated customer support team that is available 24/7 via phone, email, live chat, and social media. However, when we tried to contact them via live chat, we were greeted by a bot that asked us to leave our name and email address. We did not receive any response from Saxo FX after leaving our details. We also tried to call the phone numbers listed on the website, but none of them worked. This suggests that Saxo FX does not have a reliable or responsive customer service.

Based on our review, we conclude that Saxo FX is not a trustworthy or reputable broker. It has many signs of being a scam, such as:

  • Lack of regulation or license
  • Lack of transparency or information
  • High minimum deposit and leverage
  • Inaccessible trading platforms
  • Unresponsive customer support

We advise you to stay away from Saxo FX and look for a more reliable and regulated broker that can offer you a safe and fair trading environment.

What to Do If You’ve Lost Money with Saxo FX?

If you have been scammed by Saxo FX or any other broker, you’ll want to seek assistance from brokercomplaintregistry.com immediately. Our experts will consult with you and bolster your claim to help you get your money back. Brokercomplaintregistry.com is a leader in recovering your funds and will help you retrieve your funds from a broker scam.