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scam reviews 2023

Liquidation Assets Protections Board – Broker Review

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Liquidation Assets Protections Board

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If you are looking for a way to protect your assets from creditors, lawsuits, or bankruptcy, you may have come across a company called Liquidation Assets Protections Board (LAPB). They claim to offer a legal and effective solution to shield your wealth from any potential threats. But are they a scam or a legitimate service?

In this blog post, we will review LAPB’s website, services, fees, testimonials, and reputation. We will also compare them with other asset protection options and give you our honest opinion on whether they are worth your time and money.

What is LAPB?

LAPB is a company that claims to provide asset protection services for individuals and businesses. According to their website, they use a “unique and proprietary” method that involves creating a trust in a foreign jurisdiction and transferring your assets to it. They claim that this way, your assets will be out of reach of any creditors, lawsuits, or bankruptcy proceedings in your home country.

LAPB says that their method is legal, ethical, and compliant with all international laws and regulations. They also say that their trust is irrevocable, meaning that you cannot change or cancel it once it is set up. They claim that this gives you more security and peace of mind than other asset protection strategies.

How does LAPB work?

LAPB’s website provides a brief overview of how their service works. Here are the main steps:

  • You contact LAPB and fill out an online form with some basic information about yourself and your assets.
  • LAPB assigns you a personal consultant who will guide you through the process and answer any questions you may have.
  • LAPB creates a trust in a foreign jurisdiction (they do not specify which one) and transfers your assets to it. They say that this can be done in as little as 24 hours.
  • LAPB provides you with a certificate of trust ownership and a trust deed that proves that you are the beneficiary of the trust.
  • LAPB charges you a one-time fee for setting up the trust and an annual maintenance fee for keeping it active.
  • You enjoy the benefits of having your assets protected from any legal or financial threats in your home country.

What are the benefits of LAPB?

LAPB claims that their service offers several benefits for their clients, such as:

  • Protection from creditors, lawsuits, bankruptcy, divorce, inheritance taxes, and other legal or financial risks.
  • Privacy and confidentiality of your personal and financial information.
  • Flexibility and control over your assets. You can access them anytime, anywhere, and use them as you wish.
  • No reporting requirements or tax implications in your home country.
  • Low fees and high returns compared to other asset protection options.

What are the drawbacks of LAPB?

While LAPB sounds like an attractive option for protecting your assets, there are also some drawbacks and risks that you should be aware of before signing up for their service. Some of them are:

  • Lack of transparency and credibility. LAPB does not provide any details about their company background, location, staff, or legal status. They do not disclose which foreign jurisdiction they use for their trusts or how they comply with its laws and regulations. They do not have any verifiable testimonials or reviews from their clients or any independent third-party endorsements or accreditations.
  • High fees and hidden costs. LAPB charges a one-time fee of $9,999 for setting up the trust and an annual maintenance fee of $1,999 for keeping it active. These fees are much higher than other asset protection options such as offshore bank accounts, LLCs, or trusts in reputable jurisdictions. Moreover, LAPB does not mention any additional costs that may arise from transferring your assets to the trust, such as wire transfer fees, currency conversion fees, or taxes in the foreign jurisdiction.
  • Irrevocability and loss of control. LAPB says that their trust is irrevocable, meaning that you cannot change or cancel it once it is set up. This means that you are giving up all rights and ownership over your assets to an unknown entity in an unknown location. You are relying on LAPB’s goodwill and honesty to manage your assets and honor your wishes as the beneficiary. If something goes wrong or if LAPB turns out to be a scam, you may lose access to your assets forever.
  • Legal and tax consequences. LAPB says that their service is legal and compliant with all international laws and regulations. However, this may not be true depending on your home country’s laws and tax treaties with the foreign jurisdiction where the trust is located. You may still be liable for taxes on your assets in your home country or face penalties for not reporting them to the authorities. You may also face legal challenges from your creditors or other parties who may claim that you transferred your assets fraudulently or illegally to avoid paying them.

Is LAPB a scam?

Based on our research and analysis, we have serious doubts about LAPB’s legitimacy and reliability. We have not found any evidence that they are a registered and licensed company or that they have a proven track record of providing asset protection services. We have also not found any positive feedback or reviews from their clients or any independent third-party verification or endorsement of their service.

On the contrary, we have found several red flags and warning signs that suggest that LAPB may be a scam or a fraudulent scheme. Some of them are:

  • Their website is poorly designed and contains many grammatical and spelling errors.
  • Their website does not have a secure connection (HTTPS) or a privacy policy or terms and conditions page.
  • Their website does not provide any contact information such as a physical address, phone number, or email address. The only way to reach them is through an online form.
  • Their website uses stock photos and generic content that can be easily copied from other sources.
  • Their website makes unrealistic and exaggerated claims about their service and its benefits without providing any evidence or explanation.
  • Their fees are exorbitant and disproportionate to the value and quality of their service.
  • Their trust is irrevocable and gives you no control or ownership over your assets.

Therefore, we advise you to be very careful and cautious before dealing with LAPB or any similar company that offers asset protection services. We recommend that you do your own research and due diligence before transferring your assets to any foreign entity or jurisdiction. We also suggest that you consult with a qualified and reputable lawyer, accountant, or financial advisor who can advise you on the best and safest way to protect your assets.

Conclusion

In conclusion, LAPB is a company that claims to provide asset protection services for individuals and businesses. They claim to use a unique and proprietary method that involves creating a trust in a foreign jurisdiction and transferring your assets to it. They claim that this way, your assets will be out of reach of any creditors, lawsuits, or bankruptcy proceedings in your home country.

However, we have found many reasons to doubt LAPB’s legitimacy and reliability. We have not found any proof that they are a registered and licensed company or that they have a proven track record of providing asset protection services. We have also not found any positive feedback or reviews from their clients or any independent third-party verification or endorsement of their service.

On the contrary, we have found several red flags and warning signs that suggest that LAPB may be a scam or a fraudulent scheme. They do not provide any details about their company background, location, staff, or legal status. They do not disclose which foreign jurisdiction they use for their trusts or how they comply with its laws and regulations. They charge exorbitant fees and hidden costs for setting up the trust and keeping it active. They make their trust irrevocable and give you no control or ownership over your assets. They may expose you to legal and tax consequences in your home country or in the foreign jurisdiction where the trust is located.

Therefore, we advise you to be very careful and cautious before dealing with LAPB or any similar company that offers asset protection services. We recommend that you do your own research and due diligence before transferring your assets to any foreign entity or jurisdiction. We also suggest that you consult with a qualified and reputable lawyer, accountant, or financial advisor who can advise you on the best and safest way to protect your assets.

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scam reviews 2023

Metro Capitals Trading – Broker Review

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Metro Capitals Trading

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Metro Capitals Trading is a company that claims to offer online trading services for various financial instruments, such as forex, stocks, commodities, and cryptocurrencies. They claim to have a team of experts who can provide guidance and support to their clients, as well as access to advanced trading platforms and tools. However, there are some red flags that suggest that Metro Capitals Trading may not be a legitimate or trustworthy company. Here are some of the reasons why you should be cautious before investing with them:

  • They are not regulated by any reputable authority. According to their website, they are based in St. Vincent and the Grenadines, which is a known offshore jurisdiction that does not have strict regulations or oversight for financial services providers. This means that they can operate without transparency or accountability, and that your funds may not be protected in case of fraud or insolvency.
  • They have a lot of negative reviews and complaints from customers. Many people who have tried to trade with Metro Capitals Trading have reported that they faced difficulties in withdrawing their money, that they were pressured to deposit more funds, that they received misleading or false information, and that they were ignored or blocked by the customer service. Some of these complaints can be found on websites like Trustpilot, Forex Peace Army, and Scamwatcher.
  • They use aggressive and deceptive marketing tactics. Metro Capitals Trading often advertises itself as a reliable and profitable trading partner, promising high returns and low risks. They also use fake testimonials and endorsements from celebrities and influencers, such as Elon Musk, Richard Branson, and Gordon Ramsay, to lure unsuspecting customers. However, these claims are not backed by any evidence or verification, and are likely to be part of a scam scheme.

What to Do If You’ve Lost Money with Metro Capitals Trading?

If you have been scammed by Metro Capitals Trading 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.

In conclusion, Metro Capitals Trading is a company that you should avoid at all costs if you value your money and your safety. They are not regulated, they have a bad reputation, and they use dishonest methods to attract customers. There are many other legitimate and reputable online trading companies that you can choose from, so do not fall for the traps of Metro Capitals Trading.

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scam reviews 2023

Paycoinchain – Broker Review

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Paycoinchain

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A United States regulator warning has been issued against Paycoinchain in September 2023

If you are looking for a reliable and trustworthy broker to trade cryptocurrencies, you might have come across Paycoinchain. Paycoinchain is a platform that claims to offer access to over 100 crypto assets, low commissions, fast execution, and advanced trading tools. But is Paycoinchain a scam or a legit broker? In this review, we will examine the features, pros and cons, and reputation of Paycoinchain to help you decide if it is worth your time and money.

What is Paycoinchain?

Paycoinchain is a cryptocurrency broker that was founded in 2018 and is based in St. Vincent and the Grenadines. According to its website, Paycoinchain is regulated by the Financial Services Authority (FSA) of St. Vincent and the Grenadines, and has a license number of 25369 BC 2019. However, this does not mean that Paycoinchain is a reputable or safe broker, as the FSA is not a well-known or respected regulator in the crypto industry. In fact, many scam brokers use offshore jurisdictions like St. Vincent and the Grenadines to avoid strict oversight and compliance requirements.

Paycoinchain offers four types of accounts for its clients: Basic, Silver, Gold, and Platinum. The minimum deposit for the Basic account is $250, while the Platinum account requires a minimum deposit of $50,000. The accounts differ in terms of spreads, leverage, commissions, bonuses, and access to trading signals and education. Paycoinchain also offers a demo account for traders who want to test the platform before investing real money.

Paycoinchain claims to provide a web-based trading platform that is compatible with any device and browser. The platform has a simple and user-friendly interface, with various charts, indicators, and tools for technical analysis. The platform also supports multiple order types, such as market, limit, stop loss, and take profit. Paycoinchain says that its platform has fast execution speeds and low latency, ensuring that traders can take advantage of market movements.

Paycoinchain also claims to offer a wide range of crypto assets for trading, including Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, and many more. The broker says that it sources its prices from multiple liquidity providers, ensuring competitive spreads and fair market rates. Paycoinchain also says that it charges low commissions and fees for its services, and that it does not have any hidden charges or costs.

Is Paycoinchain a scam or a legit broker?

While Paycoinchain may seem like a legitimate broker at first glance, there are several red flags that suggest that it is a scam or at least a very risky broker to deal with. Here are some of the reasons why we do not recommend Paycoinchain:

  • Lack of regulation: As mentioned earlier, Paycoinchain is registered in St. Vincent and the Grenadines, which is a notorious haven for scam brokers. The FSA of St. Vincent and the Grenadines is not a credible or reputable regulator in the crypto industry, and does not provide any protection or compensation for investors in case of fraud or insolvency. Moreover, Paycoinchain does not have any license or authorization from any other reputable regulator in the world, such as the FCA in the UK, the CySEC in Cyprus, or the ASIC in Australia. This means that Paycoinchain is operating illegally in most jurisdictions, and that traders have no recourse or legal support if they encounter any issues or disputes with the broker.
  • Negative reviews and complaints: A quick search on the internet reveals that Paycoinchain has received many negative reviews and complaints from its clients. Many users have reported that Paycoinchain is a scam that does not allow them to withdraw their funds, manipulates their trades, blocks their accounts, harasses them with phone calls, and uses aggressive marketing tactics to lure them into depositing more money. Some users have also claimed that Paycoinchain has stolen their personal information and identity documents, and used them for fraudulent purposes.
  • Unrealistic promises and bonuses: Paycoinchain makes unrealistic promises and offers generous bonuses to attract new clients. For example, the broker claims that it can guarantee profits of up to 85% per trade, which is impossible in the volatile and unpredictable crypto market. The broker also offers bonuses of up to 100% on deposits, which are usually accompanied by strict terms and conditions that make it hard for traders to withdraw their money. These bonuses are often used as bait by scam brokers to lock in their clients’ funds and prevent them from leaving.
  • Lack of transparency and customer support: Paycoinchain does not provide much information about its background, ownership,

What to Do If You’ve Lost Money with Paycoinchain?

If you have been scammed by Paycoinchain 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.

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scam reviews 2023

Platform Project Investment – Broker Review

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Platform Project Investment

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A United States regulator warning has been issued against Platform Project Investment in September 2023

If you are looking for a way to invest your money and earn passive income, you may have come across Platform Project, an online platform that claims to offer high returns on your investments. Platform Project is a broker that connects investors with various projects, such as real estate, e-commerce, cryptocurrency, and more. Platform Project promises to handle all the details of the investment process, from selecting the best projects to managing the risks and profits.

But is Platform Project a scam or a legit broker? In this review, we will examine the features, benefits, drawbacks, and risks of Platform Project, and help you decide whether it is worth your time and money.

What is Platform Project?

Platform Project is a broker that was founded in 2019 by a team of experts in finance, technology, and marketing. Platform Project claims to have access to a network of over 500 projects in various sectors and regions, and to use advanced algorithms and artificial intelligence to analyze the market trends and select the most profitable opportunities for its clients.

Platform Project offers different investment plans, ranging from $100 to $50,000, with different durations and returns. According to its website, Platform Project can generate up to 45% monthly returns on your investments, depending on the plan you choose. Platform Project also offers a referral program, where you can earn commissions for inviting other people to join the platform.

How does Platform Project work?

Platform Project works as follows:

  • You register on the platform and create an account.
  • You choose an investment plan that suits your budget and goals.
  • You deposit your funds using one of the available payment methods, such as credit card, bank transfer, or cryptocurrency.
  • You wait for your investment to mature and receive your profits.
  • You can withdraw your profits at any time using the same payment method you used to deposit.

What are the benefits of Platform Project?

  • It offers a variety of investment options in different sectors and regions.
  • It uses advanced technology and expertise to select the best projects and manage the risks.
  • It provides high returns on your investments, compared to other brokers or platforms.
  • It has a user-friendly interface and a responsive customer support team.
  • It has a referral program that allows you to earn extra income by inviting others to join.

What are the drawbacks of Platform Project?

  • It is not regulated by any financial authority or institution, which means it is not subject to any legal or ethical standards or oversight.
  • It does not provide any proof or verification of its claims, such as its project portfolio, its performance history, or its team members.
  • It does not disclose any information about its fees, commissions, or hidden charges that may apply to your transactions.
  • It does not guarantee the safety or security of your funds or personal data, which may be vulnerable to hacking or theft.
  • It does not offer any refund policy or compensation scheme in case of losses or disputes.

Is Platform Project a scam or a legit broker?

Based on our research and analysis, we conclude that Platform Project is a scam. There are several red flags that indicate that Platform Project is not a trustworthy or reliable broker. Some of these red flags are:

  • It offers unrealistic and unsustainable returns on your investments, which are too good to be true.
  • It operates without any regulation or license from any financial authority or institution, which means it is operating illegally and can disappear at any time with your money.
  • It does not provide any evidence or transparency about its operations, such as its project portfolio, its performance history, or its team members.
  • It does not disclose any information about its fees, commissions, or hidden charges that may apply to your transactions.
  • It does not guarantee the safety or security of your funds or personal data, which may be exposed to hacking or theft.
  • It does not offer any refund policy or compensation scheme in case of losses or disputes.

Therefore, we advise you to avoid Platform Project at all costs and do not invest your money with this broker. If you have already invested with Platform Project, we recommend you to withdraw your funds as soon as possible and report this broker to the relevant authorities.

What to Do If You’ve Lost Money with Platform Project?

If you have been scammed by Platform Project 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.

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scam reviews 2023

Porter and Rose Law – Broker Review

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Porter and Rose Law

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A United States regulator warning has been issued against Porter and Rose Law in September 2023

If you are looking for a reliable and trustworthy law broker to help you with your legal needs, you might have come across Porter and Rose Law Broker. This company claims to offer a wide range of services, such as personal injury, immigration, family law, criminal defense, and more. But are they really as good as they say they are? Or are they just another scam that will take your money and leave you in the lurch?

In this blog post, we will review Porter and Rose Law Broker and give you our honest opinion on whether they are scam or legit. We will look at their background, reputation, customer reviews, fees, and guarantees. By the end of this post, you will have a clear idea of whether Porter and Rose Law Broker is the right choice for you or not.

Background

Porter and Rose Law Broker is a company that was founded in 2018 by two lawyers, John Porter and Sarah Rose. They claim to have over 20 years of combined experience in the legal field and to have helped thousands of clients across the country. They say they have a network of over 100 qualified and licensed lawyers who can handle any type of legal case. They also say they have a team of paralegals, researchers, and customer support agents who are ready to assist you 24/7.

Reputation

Porter and Rose Law Broker has a website that looks professional and user-friendly. They have a blog section where they post informative articles on various legal topics. They also have a testimonial section where they showcase some of the positive feedback they have received from their clients. They have a social media presence on Facebook, Twitter, and Instagram, where they share updates and tips on legal matters.

However, when we did some digging, we found out that not everything is as rosy as it seems. We discovered that Porter and Rose Law Broker has a lot of negative reviews on sites like Trustpilot, Yelp, and Better Business Bureau. Many customers have complained about being scammed, overcharged, ignored, or mistreated by Porter and Rose Law Broker. Some of the common issues that customers have reported are:

  • Being charged upfront fees without receiving any service or results
  • Being assigned inexperienced or unlicensed lawyers who did not know how to handle their cases
  • Being given false or misleading information about their cases or options
  • Being pressured or harassed to sign contracts or agreements that were not in their best interest
  • Being ignored or blocked when they tried to contact Porter and Rose Law Broker for updates or refunds
  • Being threatened or sued by Porter and Rose Law Broker when they tried to cancel their service or complain

We also found out that Porter and Rose Law Broker is not accredited by the American Bar Association or any other reputable organization. They do not have a physical address or a phone number that you can call. They only communicate via email or chat. They do not provide any proof of their credentials or licenses. They do not have any guarantees or refund policies.

Fees

Porter and Rose Law Broker claims to offer affordable and transparent fees for their services. They say they charge a flat fee of $500 for any type of legal case, regardless of the complexity or duration. They say they do not charge any hidden fees or commissions. They say they accept all major credit cards, PayPal, and Bitcoin.

However, as we mentioned earlier, many customers have reported being charged upfront fees without receiving any service or results. Some customers have also reported being charged additional fees for things like consultations, document reviews, court appearances, etc. Some customers have also reported being asked to pay more money after signing contracts or agreements with Porter and Rose Law Broker.

Guarantees

Porter and Rose Law Broker claims to offer 100% satisfaction guarantee for their services. They say they will work hard to ensure that you get the best possible outcome for your case. They say they will keep you updated on every step of the process and answer any questions you may have along the way. They say they will respect your privacy and confidentiality at all times.

However, as we mentioned earlier, many customers have reported being dissatisfied with the service or results they received from Porter and Rose Law Broker. Many customers have reported being ignored or blocked when they tried to contact Porter and Rose Law Broker for updates or refunds. Many customers have also reported being threatened or sued by Porter and Rose Law Broker when they tried to cancel their service or complain.

Conclusion

Porter and Rose Law Broker is a scam that you should avoid at all costs. They are not a legitimate company but a fraud that will take your money and leave you in the lurch. They have a lot of negative reviews on sites like Trustpilot, Yelp, and Better Business Bureau. They do not have any credentials or licenses. They do not have any guarantees or refund policies.

What to Do If You’ve Lost Money with Porter and Rose Law?

If you have been scammed by Porter and Rose Law 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.

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scam reviews 2023

Smart Capital Investment – Broker Review

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Smart Capital Investment

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A United States regulator warning has been issued against Smart Capital Investment in September 2023

If you are looking for a reliable and trustworthy online broker to trade CFDs, you may have come across Smart Capital Investment Broker. This broker claims to offer a wide range of CFD products, including stocks, indices, commodities, cryptocurrencies and forex. But are they legit or a scam? Here is our honest review of Smart Capital Investment Broker.

What is Smart Capital Investment Broker?

Smart Capital Investment Broker is an online CFD broker that operates from an unknown location. The broker does not provide any information about its legal name, address, registration number, license or regulation on its website. The only contact details are an email address and a phone number with a UK country code.

The broker offers four types of accounts: Basic, Silver, Gold and Platinum. The minimum deposit for the Basic account is $250, while the maximum leverage is 1:100. The broker also claims to offer educational materials, market analysis, trading signals and personal account managers to its clients.

What are the risks of trading with Smart Capital Investment Broker?

Trading with Smart Capital Investment Broker is very risky and we do not recommend it for several reasons:

  • The broker is not regulated by any reputable authority. This means that your funds are not protected by any compensation scheme or segregation policy. You have no legal recourse if the broker fails to honor its obligations or engages in fraudulent activities.
  • The broker has a very poor online reputation. There are many negative reviews and complaints from former clients who accuse the broker of being a scam. Some of the common issues reported are difficulty in withdrawing funds, aggressive sales tactics, false promises, manipulation of prices and spreads, and unauthorized charges on credit cards.
  • The broker does not offer any real CFD products. Instead, it provides synthetic contracts that are not based on the actual market prices of the underlying assets. These contracts are designed to favor the broker and make you lose money in the long run.
  • The broker does not have a secure website. The website does not have a valid SSL certificate, which means that your personal and financial information is not encrypted and can be intercepted by hackers or third parties.

Conclusion

Smart Capital Investment Broker is a scam broker that you should avoid at all costs. The broker is not regulated, has a bad reputation, does not offer real CFD products, and does not have a secure website.

What to Do If You’ve Lost Money with Blank?

If you have been scammed by Blank 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.

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scam reviews 2023

Topminingfx – Broker Review

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Topminingfx

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A United States regulator warning has been issued against Topminingfx in September 2023

If you are looking for a forex broker to trade with, you might have come across Topminingfx, a platform that claims to offer low spreads, high leverage, and fast execution. But is Topminingfx a reliable and trustworthy broker, or is it a scam? In this review, we will examine the features, pros, and cons of Topminingfx, and help you decide whether you should invest with them or not.

What is Topminingfx?

Topminingfx is a forex and CFD broker that offers trading on various assets, such as currencies, commodities, indices, stocks, and cryptocurrencies. The broker claims to be based in the UK, but does not provide any regulatory information on its website. This means that Topminingfx is not licensed or authorized by any reputable financial authority, such as the FCA in the UK, the ASIC in Australia, or the CySEC in Cyprus.

Why is regulation important? Because it ensures that brokers follow certain rules and standards to protect their clients’ funds and interests. For example, regulated brokers must keep their clients’ money in segregated accounts, provide negative balance protection, offer fair and transparent trading conditions, and participate in compensation schemes in case of insolvency. Unregulated brokers, on the other hand, can operate without any oversight or accountability, and can manipulate prices, charge hidden fees, deny withdrawals, or even disappear with your money.

Therefore, we advise you to avoid unregulated brokers like Topminingfx, as they pose a high risk of losing your money to fraud or scam.

What are the trading conditions at Topminingfx?

Topminingfx offers four types of accounts: Basic, Standard, Premium, and VIP. The minimum deposit required to open an account ranges from $250 to $50,000. The broker claims to offer leverage of up to 1:500 and spreads from 0.1 pips. However, these numbers are not verified by any third-party source, and may vary depending on the market conditions and the type of account.

The broker also charges a commission of $10 per lot traded, which is quite high compared to other brokers. Moreover, the broker does not disclose any information about its trading platform, execution policy, or order types. This raises doubts about the quality and reliability of its trading services.

How can I withdraw my money from Topminingfx?

Topminingfx accepts deposits and withdrawals via credit/debit cards, wire transfers, and some e-wallets. However, the broker imposes several restrictions and fees on withdrawals. For example:

  • You need to verify your identity and address before requesting a withdrawal.
  • You need to trade at least 30% of your deposit amount before requesting a withdrawal.
  • You need to pay a 10% fee if you request a withdrawal without meeting the trading requirement.
  • You need to pay a 5% fee if you request a withdrawal within 90 days of opening an account.
  • You need to pay a $50 fee for wire transfers and a $35 fee for credit/debit cards.
  • You need to wait up to 14 days for your withdrawal request to be processed.

These conditions are very unfair and unreasonable for traders who want to access their money quickly and easily. Moreover, many online reviews suggest that Topminingfx often delays or rejects withdrawal requests without any valid reason. Some users even claim that they have been scammed by Topminingfx and have lost their money.

Is Topminingfx a scam?

Based on our research and analysis, we conclude that Topminingfx is not a trustworthy broker. The broker is unregulated, has poor customer service, offers unfavorable trading conditions, and has many negative reviews online. We believe that Topminingfx is a scam that aims to lure unsuspecting traders with false promises of high returns and low risks.

Therefore, we advise you to stay away from Topminingfx and look for a reputable and regulated broker instead. If you have already invested with Topminingfx and want to get your money back, you can contact ScamsReport.net, a website that helps victims of broker scams recover their funds.

Conclusion

In this review, we have shown you why Topminingfx is not a reliable or trustworthy broker. The broker is unregulated, has poor customer service, offers unfavorable trading conditions, and has many negative reviews online. We believe that Topminingfx is a scam that aims to lure unsuspecting traders with false promises of high returns and low risks.

We recommend that you avoid Topminingfx and look for a reputable and regulated broker instead. If you want to learn more about the best forex brokers for 2023 , you can check out our comparison guide at Techopedia.com, where we review the 12 best forex brokers in 2023 based on their trading platforms, commissions, currency pairs, and more.

What to Do If You’ve Lost Money with Topminingfx?

If you have been scammed by Topminingfx 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.

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scam reviews 2023

Eleph Exchange – Broker Review

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Eleph Exchange

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If you are looking for a reliable and trustworthy online broker, you might have come across Eleph Exchange. Eleph Exchange is a platform that claims to offer low fees, fast execution, and access to a variety of markets, including forex, stocks, commodities, and cryptocurrencies. But is Eleph Exchange legit or a scam? In this review, we will examine the features, pros, and cons of Eleph Exchange and help you decide if it is worth your time and money.

What is Eleph Exchange?

Eleph Exchange is an online broker that was founded in 2018 and is based in Cyprus. The broker is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Sector Conduct Authority (FSCA) of South Africa. Eleph Exchange offers trading services for over 250 instruments across different asset classes, such as forex, stocks, indices, commodities, and cryptocurrencies. The broker also provides various trading tools, such as market analysis, economic calendar, trading signals, and educational resources.

How does Eleph Exchange work?

To start trading with Eleph Exchange, you need to open an account on their website and verify your identity and address. You can choose from four types of accounts: Basic, Silver, Gold, and Platinum. Each account has different features and benefits, such as leverage, spreads, commissions, swap discounts, and access to webinars and seminars. The minimum deposit required to open an account is $250.

Once you have funded your account, you can access the trading platform of Eleph Exchange. The broker offers two options: MetaTrader 4 (MT4) and WebTrader. MT4 is a popular and widely used trading platform that supports multiple charting tools, indicators, and automated trading strategies. WebTrader is a web-based platform that does not require any download or installation and can be accessed from any device with an internet connection. Both platforms have a user-friendly interface and allow you to trade with ease and convenience.

Some of the disadvantages of trading with Eleph Exchange are:

  • Limited regulation: Eleph Exchange is only regulated by CySEC and FSCA, which are not among the most reputable regulators in the industry. The broker does not have licenses from other major regulators, such as the Financial Conduct Authority (FCA) of the UK or the Australian Securities and Investments Commission (ASIC). This means that the broker may not adhere to the highest standards of security, transparency, and customer protection.
  • High minimum deposit: Eleph Exchange requires a minimum deposit of $250 to open an account, which is higher than some other brokers in the market. This may deter some traders who have a low budget or want to test the broker’s services before committing a large amount of money.
  • Limited payment methods: Eleph Exchange only accepts deposits and withdrawals via credit/debit cards, wire transfer, Skrill, Neteller, WebMoney, Qiwi Wallet, Yandex Money

What to Do If You’ve Lost Money with Eleph Exchange?

If you have been scammed by Eleph Exchange 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.

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scam reviews 2023

Sierra Invest – Broker Review

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Sierra Invest

Know Your Options and Recover Your Funds

Sierra Invest is a new online broker that claims to offer low fees, high leverage, and access to a variety of markets. But is Sierra Invest legit or a scam? In this blog post, we will review Sierra Invest and its features, pros and cons, and customer feedback.

Sierra Invest is a brand name of Sierra Group Ltd, a company registered in St. Vincent and the Grenadines. According to its website, Sierra Invest is regulated by the Financial Services Authority (FSA) of St. Vincent and the Grenadines, but this is not a reputable or reliable regulator. The FSA does not have strict rules or oversight for forex and CFD brokers, and many scam brokers use this jurisdiction to avoid scrutiny and accountability.

Sierra Invest offers trading on forex, stocks, indices, commodities, and cryptocurrencies. It claims to have over 250 instruments, tight spreads, fast execution, and no commission fees. It also offers leverage up to 1:500 for forex and 1:100 for other assets. However, these claims are not verified by any third-party sources or audits.

Sierra Invest has three types of accounts: Basic, Standard, and Premium. The minimum deposit for the Basic account is $250, which is higher than the industry average. The Standard account requires $2,500, and the Premium account requires $10,000. The accounts differ in terms of spreads, swap discounts, and access to educational materials and market analysis.

Sierra Invest provides a web-based trading platform that is compatible with any device and browser. It also supports MetaTrader 4 (MT4), a popular and user-friendly platform that offers advanced charting tools, indicators, and automated trading. However, some users have reported that Sierra Invest’s MT4 platform is unstable and prone to glitches and delays.

Sierra Invest does not have a good reputation among online traders. There are many complaints and negative reviews about Sierra Invest on various forums and websites. Some of the common issues reported by customers are:

  • Difficulty in withdrawing funds or getting refunds
  • Unresponsive or rude customer service
  • Unauthorized charges or fees
  • Manipulation of prices or spreads
  • False or misleading advertising
  • Account closure or suspension without explanation

Based on our research and analysis, we do not recommend Sierra Invest as a trustworthy or reliable broker. It has many red flags and signs of being a scam or a low-quality service. There are many other brokers that offer better features, security, and customer support. We advise you to avoid Sierra Invest and look for a more reputable and regulated broker.

What to Do If You’ve Lost Money with Sierra Invest?

If you have been scammed by Sierra Invest 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.

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scam reviews 2023

Stocks24 – Broker Review

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Stocks24

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If you are looking for a reliable and trustworthy online broker, you might have come across Stocks24. This platform claims to offer access to over 2000 financial instruments, including forex, stocks, commodities, indices, and cryptocurrencies. But is Stocks24 a legit broker or a scam? In this review, we will examine the features, pros and cons, and reputation of Stocks24 to help you make an informed decision.

What is Stocks24?

Stocks24 is an online trading platform that was launched in 2019. It is owned and operated by Stocks24 Ltd, a company registered in St. Vincent and the Grenadines. Stocks24 provides its clients with a web-based trading platform, as well as mobile apps for Android and iOS devices. The platform supports various trading tools, such as charts, indicators, signals, news, and economic calendar. Stocks24 also offers educational resources, such as webinars, tutorials, ebooks, and articles.

What are the advantages of Stocks24?

  • Low minimum deposit: You can start trading with as little as $250.
  • Wide range of assets: You can trade over 2000 financial instruments across different markets.
  • Multiple account types: You can choose from four account types, depending on your trading style and preferences. The account types are Basic, Silver, Gold, and Platinum.
  • Competitive spreads and commissions: Stocks24 offers tight spreads and low commissions on most of its assets.
  • Fast execution and high leverage: Stocks24 claims to execute orders within milliseconds and provide leverage up to 1:400.
  • Customer support: Stocks24 has a dedicated customer service team that is available 24/5 via phone, email, and live chat.

What are the disadvantages of Stocks24?

  • Lack of regulation: Stocks24 is not regulated by any reputable authority, such as the FCA, CySEC, or ASIC. This means that your funds are not protected by any compensation scheme or regulatory oversight.
  • Negative reviews: Stocks24 has received many complaints and negative feedback from its clients. Some of the common issues reported are withdrawal problems, account closure, hidden fees, and poor customer service.
  • No demo account: Stocks24 does not offer a free demo account for its clients to practice their trading skills and strategies.
  • No MT4 or MT5: Stocks24 does not support the popular MetaTrader 4 or MetaTrader 5 platforms, which are preferred by many traders for their advanced features and functionality.

Is Stocks24 a scam?

Based on our research and analysis, we cannot recommend Stocks24 as a reliable and trustworthy broker. The platform has many red flags that indicate that it is not a legitimate business. The lack of regulation, the negative reviews, the withdrawal issues, and the hidden fees are some of the reasons why we advise you to stay away from Stocks24. There are many other online brokers that offer better services and security for your trading needs.

Conclusion

Stocks24 is an online trading platform that claims to offer access to over 2000 financial instruments. However, the platform is not regulated by any reputable authority and has received many complaints from its clients. We do not recommend Stocks24 as a legit broker and suggest you look for other alternatives.

What to Do If You’ve Lost Money with Stocks24?

If you have been scammed by Stocks24 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.