Caution Investors FIATVISIONS – Regarding fraudulent or manipulative practices (insider dealing, market manipulation, misrepresentation of material information, etc.)

Overview:

FIATVISIONS is a brand name of FV Marketing Ltd, a company registered in St. Vincent and the Grenadines, a notorious offshore jurisdiction that does not regulate forex and CFD brokers. The broker claims to have offices in London, Dubai, and Hong Kong, but these are likely fake addresses. The broker also claims to be licensed by the Financial Conduct Authority (FCA) in the UK, but this is a blatant lie. The FCA has issued a warning against FIATVISIONS, stating that the broker is not authorized to provide financial services in the UK and is likely involved in a scam.

Regulation and Compliance:

As mentioned above, FIATVISIONS is not regulated by any reputable authority and is operating illegally in many jurisdictions. The broker has been blacklisted by several regulators, such as the Australian Securities and Investments Commission (ASIC), the Ontario Securities Commission (OSC), the Alberta Securities Commission (ASC), and the FCA. These regulators have warned investors that FIATVISIONS is not authorized to offer its services in their territories and may be involved in fraudulent or manipulative practices, such as insider dealing, market manipulation, misrepresentation of material information, etc. Trading with an unregulated broker exposes you to a high risk of losing your money and having no recourse in case of any dispute or complaint.

Customer Reviews:

The customer reviews of FIATVISIONS are overwhelmingly negative and reveal many red flags about the broker. Many customers have reported that FIATVISIONS is a scam that uses aggressive sales tactics, false promises, and pressure to lure them into depositing money. The customers have also complained that FIATVISIONS does not allow them to withdraw their funds and blocks their access to their accounts. Some customers have even claimed that FIATVISIONS has stolen their identity and personal information and used it for fraudulent purposes.

Products and Services:

FIATVISIONS claims to offer trading on various assets, such as currencies, commodities, indices, stocks, and cryptocurrencies. However, the broker does not provide any information about its trading conditions, such as spreads, leverage, commissions, fees, etc. The broker also does not disclose its trading platform or software. The broker’s website is poorly designed and full of grammatical errors and misleading information. The broker’s terms and conditions are vague and unfair and give the broker the right to change them at any time without notice. The broker also imposes various restrictions and limitations on withdrawals, such as high minimum amounts, long processing times, excessive fees, etc.

Location:

FIATVISIONS claims to have offices in London, Dubai, and Hong Kong, but these are likely fake addresses. The broker’s actual location is unknown and may be changing frequently to avoid detection by the authorities. The broker’s phone numbers and email addresses are also unreliable and may not work or respond. The broker’s website does not have any security features or encryption to protect the customers’ data and transactions.

Customer Service:

FIATVISIONS claims to have a professional and friendly customer service team that is available 24/7 via phone, email, live chat, or social media. However, this is another lie. The broker’s customer service is nonexistent or very poor. Many customers have reported that FIATVISIONS does not answer their calls or emails or provides them with false or irrelevant information. The broker’s customer service agents are rude and unprofessional and often hang up on the customers or block them from contacting them.

Is Your Money Safe with an Unregulated Broker?

The answer is no. Trading with an unregulated broker like FIATVISIONS exposes you to a high risk of losing your money and having no recourse in case of any dispute or complaint. Unregulated brokers do not follow any rules or standards of conduct and can manipulate the market prices, execute your orders against you, cancel your profits, charge you hidden fees, etc. Unregulated brokers also do not segregate your funds from their own funds and can use them for their own purposes or disappear with them at any time. Unregulated brokers also do not participate in any compensation schemes or insurance programs that can protect your money in case of bankruptcy or insolvency.

Defensive Measures Against Fraudulent Brokers:

If you want to avoid falling victim to fraudulent brokers like FIATVISIONS, you should follow these defensive measures:

– Do your research before choosing a broker. Check the broker’s reputation, regulation, customer reviews, trading conditions, etc.

– Verify the broker’s license and registration with the relevant authorities. Do not trust the broker’s claims or certificates without verifying them independently.

– Avoid brokers that offer unrealistic or too-good-to-be-true offers, such as high returns, low risks, bonuses, guarantees, etc.

– Read the broker’s terms and conditions carefully and understand your rights and obligations. Do not sign or agree to anything that you do not understand or that seems unfair or suspicious.

– Test the broker’s platform and customer service before depositing any money. Use a demo account or a small amount of money to check the broker’s performance, functionality, reliability, etc.

– Keep a record of all your communications and transactions with the broker. Save your emails, chats, phone calls, receipts, statements, etc.

– Be careful with your personal and financial information. Do not share your passwords, PINs, verification codes, etc. with anyone. Use a secure device and network to access your account. Do not click on any links or attachments that you receive from unknown or suspicious sources.

– Withdraw your money as soon as possible and do not reinvest it with the same broker. Do not accept any offers or incentives that may delay or prevent your withdrawal.

– Report any suspicious or fraudulent activity to the relevant authorities and seek legal advice if necessary.

Conclusion:

FIATVISIONS is an unregulated and fraudulent broker that has been blacklisted by several regulators. The broker is not authorized to provide financial services in many jurisdictions and may be involved in fraudulent or manipulative practices. The broker’s products and services are unclear and unreliable. The broker’s customer reviews are negative and reveal many red flags. The broker’s location and customer service are unknown and untrustworthy. Trading with FIATVISIONS exposes you to a high risk of losing your money and having no recourse in case of any dispute or complaint. Therefore, we advise you to stay away from FIATVISIONS and choose a regulated and reputable broker instead.

Caution Investors FCF Markets – Regarding fraudulent or manipulative practices (insider dealing, market manipulation, misrepresentation of material information, etc.)

Overview:

FCF Markets is a broker that operates through the website www.fcfmarkets.com. According to its website, it offers trading in forex, commodities, indices, stocks, and cryptocurrencies. It also claims to have offices in London, Madrid, and Dubai. However, there is no evidence that FCF Markets is authorized or regulated by any reputable financial authority. In fact, the UK’s Financial Conduct Authority (FCA) and Spain’s Comisión Nacional del Mercado de Valores (CNMV) have both issued warnings against FCF Markets for providing investment services without a license and for engaging in fraudulent or manipulative practices.

Regulation and Compliance:

Regulation and compliance are essential for any broker that wants to operate legally and ethically in the financial markets. Regulated brokers have to follow strict rules and standards to ensure the protection of their clients’ funds, data, and interests. They also have to submit regular reports and audits to their regulators and participate in compensation schemes that can cover losses in case of insolvency or fraud. Unregulated brokers, on the other hand, have no such obligations or oversight. They can operate in any way they want, without regard for the law or their customers’ well-being. They can also disappear with their clients’ money at any time, leaving them with no recourse or compensation.

Customer Reviews:

Customer reviews are another way to assess the reputation and reliability of a broker. However, not all reviews are trustworthy or objective. Some brokers may use fake or paid reviews to boost their image and attract more customers. Others may delete or censor negative reviews to hide their flaws and complaints. Therefore, it is important to look for reviews from independent and credible sources, such as reputable websites, forums, or social media platforms. Based on our research, we found that FCF Markets has very few customer reviews online, and most of them are negative. Many customers have reported that FCF Markets is a scam that refuses to process withdrawals, manipulates prices, charges hidden fees, and harasses them with phone calls.

Products and Services:

Products and services are another factor to consider when choosing a broker. A good broker should offer a wide range of products and services that suit the needs and preferences of different types of traders. These may include various trading instruments, platforms, tools, indicators, charts, educational resources, market analysis, news, signals, etc. However, FCF Markets does not seem to offer much in terms of products and services. Its website is vague and incomplete, with no clear information about its trading conditions, fees, spreads, leverage, margin requirements, etc. It also does not provide any demo account, trading platform, or educational material for its customers.

Location:

Location is another aspect that can affect the quality and legitimacy of a broker. A good broker should have a physical address and contact details that can be verified and reached easily. It should also operate in jurisdictions that have strong regulatory frameworks and legal protections for investors. However, FCF Markets does not meet these criteria. Its website claims that it has offices in London, Madrid, and Dubai, but these addresses are either fake or belong to other companies. It also does not provide any phone number or email address that can be used to contact its customer support or management team.

Customer Service:

Customer service is another indicator of a broker’s professionalism and trustworthiness. A good broker should have a responsive and helpful customer service team that can assist its clients with any issues or queries they may have. It should also have multiple channels of communication available, such as phone calls

Caution Investors Evergreen Forex Global Limited – Regarding fraudulent or manipulative practices (insider dealing, market manipulation, misrepresentation of material information, etc.)

Overview:

Evergreen Forex Global Limited is a company registered in England and claims to provide online forex trading, CFDs, commodities, indices, and cryptocurrencies. The company also claimed to have offices in London, Dubai, and Hong Kong. However, there is no evidence that the company operated legally or had any physical presence in these locations.

Regulation and Compliance:

One of the most important factors to consider when choosing a forex broker is whether it is regulated by a reputable authority that can protect your rights and interests as a trader. Evergreen Forex Global Limited had no regulation or license from any authority, such as the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC) in the EU, or the Australian Securities and Investments Commission (ASIC) in Australia. This means that the company was not subject to any rules or standards of conduct, transparency, or accountability. It also means that the company did not have to segregate client funds from its funds, provide adequate customer service, or comply with anti-money laundering and fraud prevention measures.

Customer Reviews:

The customer reviews of Evergreen Forex Global Limited are overwhelmingly negative and reveal many issues and complaints about the company. Many customers reported that they were unable to withdraw their funds from the company, that they were charged hidden fees and commissions, that they were pressured to deposit more money or to accept bonuses with unrealistic conditions, that they were manipulated by false signals and misleading information, and that they were ignored or blocked by the customer service when they tried to resolve their problems. Some customers even suspected that the company was a scam or a Ponzi scheme that used their money to pay other customers or to fund its operations.

Products and Services:

Evergreen Forex Global Limited claims to offer a variety of trading products and services, such as forex, CFDs, commodities, indices, and cryptocurrencies. However, these products and services were not verified or endorsed by any reputable source or authority. The company did not provide any information about its trading platforms, spreads, leverage, execution speed, or market depth. The company also did not disclose its trading conditions, such as minimum deposit, withdrawal methods, fees, commissions, margin requirements, or risk management tools. The company also did not offer any educational resources, market analysis, or trading signals to help its customers improve their trading skills and knowledge.

Location:

Evergreen Forex Global Limited claimed to have offices in London, Dubai, and Hong Kong. However, there is no evidence that the company had any physical presence or legal registration in these locations. The company’s website domain was registered in Panama, a notorious offshore jurisdiction that is known for its lax regulations and secrecy laws. The company’s phone numbers and email addresses were also untraceable and unreliable. The company’s address in London was a virtual office that many other companies shared with dubious reputations.

Customer Service:

Evergreen Forex Global Limited claimed to have a professional and responsive customer service team that was available 24/7 via phone, email, live chat, or social media. However, many customers reported that they were unable to reach the customer service team or that they received unsatisfactory or rude responses. Some customers reported that they were ignored or blocked by the customer service team when they tried to withdraw their funds or complain about their issues. Some customers reported that they were harassed or threatened by the customer service team when they refused to deposit more money or accept bonuses.

Is Your Money Safe in an unregulated company?

The answer is no. When you trade with an unregulated company like Evergreen Forex Global Limited, you are exposing yourself to many risks and dangers. You have no guarantee that your funds are safe and secure, that your trades are fair and transparent, that your personal information is protected and confidential, or that your rights and interests are respected and enforced. You have no recourse or compensation if the company goes bankrupt, disappears, or scams you.

Defensive Measures Against Fraudulent Brokers:

If you have been a victim of Evergreen Forex Global Limited or any other fraudulent broker, you should take some defensive measures to protect yourself and your money. You should report the company to your local authorities and regulators, such as the FCA in the UK or the CySEC in the EU. You should also contact your bank or payment provider and try to reverse or cancel any transactions you made with the company. You should also seek legal advice from a reputable lawyer specializing in forex fraud cases.

Conclusion:

Evergreen Forex Global Limited was a forex broker that claimed to offer various trading products and services. However, the company was dissolved and has no regulation or license from any reputable authority. The company had a terrible reputation and many customer complaints. The company was likely a scam or a Ponzi scheme that used its customers’ money to fund its operations or to pay other customers. Trading with an unregulated company like Evergreen Forex Global Limited is extremely risky and dangerous. You should always avoid such companies and choose a regulated and reputable broker instead.

Caution Investors Equitiz – Regarding fraudulent or manipulative practices (insider dealing, market manipulation, misrepresentation of material information, etc.)

Overview:

Equitiz UK is a trading name of Equitiz Group Ltd, a company registered in St. Vincent and the Grenadines, a notorious offshore jurisdiction for shady brokers. The website of Equitiz UK does not provide any information about its license, regulation, or legal status. However, the broker has been blacklisted by the Swiss Financial Market Supervisory Authority (FINMA), the Spanish National Securities Market Commission (CNMV), and the UK Financial Conduct Authority (FCA) for operating without authorization and targeting investors in their jurisdictions.

Regulation and Compliance:

Regulation is one of the most important factors to consider when choosing a broker. A regulated broker must comply with strict rules and standards that ensure the protection of investors’ funds, data, and rights. A regulated broker also offers access to compensation schemes and dispute resolution mechanisms in case of any issues or complaints. Equitiz UK, on the other hand, is not regulated by any reputable authority and does not adhere to any regulatory framework. This means that the broker can operate in an untransparent and unethical manner, without any oversight or accountability. Investors who trade with Equitiz UK have no guarantee of the safety or security of their money or personal information.

Customer Reviews:

Another way to assess the credibility and reputation of a broker is to look at customer reviews and feedback. A quick online search reveals that Equitiz UK has a very poor rating on various review platforms, such as Trustpilot and Forex Peace Army. The majority of the reviews are negative, with customers complaining about issues such as withdrawal problems, hidden fees, aggressive marketing tactics, poor customer service, and even account manipulation. Many customers also claim that Equitiz UK is a scam and warn others to stay away from it.

Products and Services:

Equitiz UK claims to offer trading on various instruments, such as forex, indices, commodities, stocks, and cryptocurrencies. The broker also claims to provide a web-based trading platform, as well as educational resources and market analysis. However, these claims are not verified or supported by any evidence. The broker does not disclose any details about its trading conditions, such as spreads, commissions, leverage, margin requirements, or execution policies. The broker also does not offer any demo accounts or free trials for potential customers to test its services. Moreover, the broker’s website is poorly designed and contains many grammatical errors and inconsistencies.

Location:

Equitiz UK states that its address is Suite 305 Griffith Corporate Centre Beachmont Kingstown St Vincent And The Grenadines. However, this address is not reliable or trustworthy, as it is a common location for many fraudulent brokers who register their companies in offshore zones to avoid regulation and taxation. Furthermore, the broker does not provide any phone number or email address for contact purposes. The only way to communicate with the broker is through a live chat feature on its website, which is often unavailable or unresponsive.

Customer Service:

Customer service is another crucial aspect of a broker’s performance and reliability. A good broker should provide prompt, professional, and courteous support to its customers through various channels and languages. Equitiz UK fails to meet this criterion, as it does not offer any reliable or effective customer service. As mentioned above, the broker does not provide any phone number or email address for contact purposes. The only way to communicate with the broker is through a live chat feature on its website, which is often unavailable or unresponsive. Moreover, many customers report that the broker’s representatives are rude, unhelpful, and even abusive.

Is Your Money Safe in an unregulated company?

The answer to this question is a resounding no. Trading with an unregulated company like Equitiz UK exposes you to a high risk of losing your money due to fraud, theft, or mismanagement. An unregulated company can manipulate your trades, deny your withdrawal requests, charge you hidden fees, or even disappear with your funds without any notice or recourse. You also have no access to any compensation schemes or dispute resolution mechanisms in case of any issues or complaints.

Defensive Measures Against Fraudulent Brokers:

If you want to avoid falling victim to fraudulent brokers like Equitiz UK, you should follow some basic steps and precautions:

– Do your research before choosing a broker. Check the broker’s license, regulation, reputation, customer reviews, and trading conditions.

– Avoid brokers that are registered in offshore zones or have been blacklisted by financial authorities.

– Beware of brokers that offer unrealistic or too-good-to-be-true offers, such as high returns, low spreads, bonuses, or guarantees.

– Test the broker’s services with a demo account or a small deposit before investing a large amount of money.

– Keep your personal and financial information secure and do not share it with anyone.

– Monitor your trading account regularly and report any suspicious or unauthorized activity.

– Withdraw your profits regularly and do not leave your money idle in your account.

– If you encounter any problems or issues with your broker, contact the broker’s customer service and try to resolve them amicably. If that fails, contact the regulator or the ombudsman of the jurisdiction where the broker is licensed. If the broker is unregulated, you may have to resort to legal action or seek help from law enforcement agencies.

Conclusion:

Equitiz UK is an unregulated and blacklisted online broker that poses a high risk to investors. The broker has been warned by the financial authorities of Switzerland, Spain, and the UK for operating without authorization and targeting investors in their jurisdictions. The broker also has a very poor reputation among customers, who complain about various issues and problems with its services. Trading with Equitiz UK exposes you to a high risk of losing your money due to fraud, theft, or mismanagement. You should avoid dealing with this broker and beware of potential scams.

Caution Investors Demaxis.com – Regarding registration of issuance, offer or sale of securities/derivatives, and reporting requirements

Overview:

Demaxis is a company that offers online trading services in various markets, such as forex, stocks, commodities, indices, and cryptocurrencies. It claims to have a user-friendly platform, competitive spreads, fast execution, and professional support. However, there is no evidence that Demaxis is a legitimate or trustworthy company. In fact, it is not regulated by any financial authority, which means that it does not comply with any rules or standards of conduct. This exposes investors to a high risk of losing their money or becoming victims of fraud.

Regulation and Compliance:

One of the most important factors to consider when choosing an online trading company is whether it is regulated by a reputable financial authority. Regulation ensures that the company follows certain rules and standards of conduct, such as keeping client funds in segregated accounts, providing fair and transparent pricing, maintaining adequate capital, and adhering to anti-money laundering and consumer protection laws. Regulation also provides investors with a recourse in case of disputes or complaints. Demaxis, however, is not regulated by any financial authority, which means that it operates without any oversight or accountability. This raises serious doubts about its legitimacy and credibility, and suggests that it may be involved in fraudulent or illegal activities.

Customer Reviews:

Another way to assess the reputation and reliability of an online trading company is to look at the customer reviews and feedback. A good company should have positive and consistent reviews from satisfied customers who can attest to its quality of service and performance. Demaxis, on the other hand, has very few and mostly negative reviews from customers who have experienced various problems with the company. Some of the common complaints include difficulty in withdrawing funds, hidden fees and charges, poor customer service, manipulation of prices and trades, and aggressive marketing tactics. These reviews indicate that Demaxis is a scam company that does not care about its customers or their interests.

Products and Services:

A good online trading company should offer a wide range of products and services that suit the needs and preferences of different types of investors. It should also provide a user-friendly and secure platform that allows easy access and execution of trades. Demaxis claims to offer various products and services, such as forex, stocks, commodities, indices, and cryptocurrencies. However, there is no information about the specific instruments or assets that are available for trading, nor about the trading conditions or fees that apply. Moreover, there is no evidence that Demaxis actually provides a functional or safe platform for trading. It may be using fake or manipulated data to lure unsuspecting customers into depositing money.

Location:

A good online trading company should have a clear and verifiable physical location where it operates from. It should also have a valid license or registration number that can be checked with the relevant authorities. Demaxis does not provide any information about its location or registration number on its website. It only gives an email address and a phone number as contact details. This makes it impossible to verify its identity or location, and suggests that it may be hiding from the law or operating from an offshore jurisdiction.

Customer Service:

A good online trading company should have a professional and responsive customer service team that can assist customers with any issues or queries they may have. It should also have multiple channels of communication, such as phone, email, chat, or social media. Demaxis claims to have a 24/7 customer service team that can provide support in various languages. However, many customers have reported that they have been unable to reach the customer service team or get any help from them. Some customers have also reported that they have been harassed or pressured by the customer service team to deposit more money or accept unwanted bonuses.

Is Your Money Safe in an unregulated company?

The answer is no. When you deposit money with an unregulated company like Demaxis, you are putting your money at risk of being lost or stolen. Unregulated companies do not keep client funds in segregated accounts, which means that they can use them for their own purposes or mix them with their own funds. They also do not provide any protection or compensation schemes in case they go bankrupt or insolvent. Furthermore, unregulated companies may engage in fraudulent or illegal activities, such as manipulating prices and trades, refusing to process withdrawals, charging hidden fees and commissions,

or stealing personal or financial information.

Defensive Measures Against Fraudulent Brokers:

If you have already deposited money with Demaxis or a similar unregulated company, you should try to withdraw your money as soon as possible. You should also contact your bank or credit card company and report the transaction as fraudulent. You may be able to reverse the charge or block any further payments. You should also report the company to the relevant authorities in your country or region, such as the financial regulator, the consumer protection agency, or the police. You should also warn other potential customers about the company and share your experience on online forums or review sites.

Conclusion:

Demaxis is an unregulated online trading company that may be involved in fraudulent activities. It does not provide any information about its location, registration, products, services, or platform. It has very few and mostly negative customer reviews and feedback. It does not comply with any rules or standards of conduct, and it may expose investors to a high risk of losing their money or becoming victims of fraud. Therefore, we strongly advise you to avoid Demaxis and any similar unregulated companies, and to only trade with regulated and reputable companies that can offer you a safe and secure trading environment.

Caution Investors ‎Coinutpool – Tetherpool.io – Regarding registration of issuance, offer or sale of securities/derivatives, and reporting requirements.

Overview:

Coinutpool is a website that claims to be a mining pool for Tether (USDT), a stablecoin pegged to the US dollar. According to the website, Coinutpool offers a daily profit of 1.5% to 3% depending on the amount of USDT invested. The minimum deposit is $100 and the minimum withdrawal is $50. The website also claims to have over 10,000 active users and over $50 million in total deposits.

However, there are many reasons to doubt these claims and to suspect that Coinutpool is a scam. Here are some of the main issues we found with this platform:

Regulation and Compliance:

Coinutpool does not provide any information about its legal status, registration, or license. There is no mention of where the company is based, who owns it, or who operates it. This means that Coinutpool is not regulated by any authority and does not comply with any laws or regulations. This also means that investors have no legal protection or recourse in case of any issues or disputes.

Customer Reviews:

Coinutpool does not have any genuine customer reviews or testimonials on its website or any third-party platforms. The only reviews we found were negative and warned other users about the scam. Some of the complaints we found included:

– Coinutpool does not process withdrawals and blocks users who request them.

– Coinutpool does not respond to customer inquiries or complaints.

– Coinutpool changes its terms and conditions without notice and imposes hidden fees and charges.

– Coinutpool uses fake statistics and testimonials to lure unsuspecting investors.

Products and Services:

Coinutpool does not offer any real products or services. The website does not explain how the mining pool works, what kind of equipment or software it uses, or what kind of rewards it distributes. The website also does not provide any proof of mining activity, such as hash rate, block rewards, or transaction history. The only thing Coinutpool offers is a referral program that promises to pay a 10% commission for every new user who joins the platform.

Location:

Coinutpool does not disclose its physical location or contact details. The website does not have an address, phone number, email, or social media account. The only way to contact Coinutpool is through a web form that requires personal information such as name, email, phone number, and message. However, there is no guarantee that Coinutpool will reply or honor any requests.

Customer Service:

Coinutpool does not have reliable or professional customer service. As mentioned above, the only way to contact Coinutpool is through a web form that may or may not work. Many users have reported that Coinutpool does not answer their questions or concerns, or that it provides vague or misleading answers. Some users have also reported that Coinutpool deletes negative comments or feedback from its website or social media accounts.

Is Your Money Safe in an Unregulated Company?

The answer is no. Investing in an unregulated company like Coinutpool is extremely risky and dangerous. You have no assurance that your money is safe, secure, or insured. You have no guarantee that you will receive the promised returns or that you will be able to withdraw your funds. You have no recourse if you encounter any problems or issues with the platform.

Defensive Measures Against Fraudulent Brokers:

If you want to avoid falling victim to fraudulent brokers like Coinutpool, here are some defensive measures you can take:

– Do your research before investing in any platform. Check the reputation, reviews, ratings, and feedback of the platform from other users and experts.

– Verify the legal status, registration, and license of the platform. Make sure the platform is regulated by a reputable authority and complies with the laws and regulations of your jurisdiction.

– Read the terms and conditions carefully before signing up or depositing any money. Look for any hidden fees, charges, clauses, or limitations that may affect your rights or interests.

– Test the platform’s features and functions before investing large amounts of money. Try out the withdrawal process, customer service, security measures, and other aspects of the platform.

– Use secure payment methods that offer protection and chargeback options in case of fraud or dispute.

Conclusion:

Coinutpool is a scam that should be avoided at all costs. It is an unregulated platform that does not provide any information, transparency, or proof of its legitimacy. It does not offer any real products or services, but only a referral program that pays commissions for recruiting new victims. It does not process withdrawals, respond to customer inquiries

Caution Investors Bitonext – Regarding market intermediaries (investment and trading advisers, collective investment schemes, brokers, dealers, and transfer agents)

Overview:

Bitonext is a website that claims to be a leading platform for cryptocurrency trading. It claims to offer access to over 100 digital assets, low fees, high leverage, fast execution, and advanced trading tools. Bitonext also claims to have a team of experts who provide market analysis, education, and support to its clients. However, Bitonext is not registered with any regulatory authority and has been flagged by the British Columbia Securities Commission (BCSC) and the Autorité des marchés financiers (AMF) for operating illegally and soliciting investors without authorization.

Regulation and Compliance:

Bitonext is not regulated by any reputable financial regulator. It does not have a license to operate as a broker-dealer, investment adviser, or exchange in any jurisdiction. It does not comply with the rules and standards of investor protection, market integrity, anti-money laundering, and consumer protection that apply to legitimate financial service providers. Bitonext is also not a member of any self-regulatory organization or dispute resolution scheme that could help resolve any complaints or disputes with its clients.

Customer Reviews:

Bitonext has very few customer reviews online, and most of them are negative. Customers have reported various issues with Bitonext, such as difficulty in withdrawing funds, poor customer service, false promises, hidden fees, and manipulation of prices and trades. Some customers have also accused Bitonext of being a scam and warned others to stay away from it.

Products and Services:

Bitonext claims to offer a variety of products and services for cryptocurrency trading, such as:

– A web-based trading platform that supports multiple languages, charting tools, indicators, and order types.

– A mobile app that allows users to trade on the go from their smartphones or tablets.

– A demo account that lets users practice trading with virtual funds before risking real money.

– A referral program that rewards users for inviting their friends to join Bitonext.

– A loyalty program that offers discounts on fees and commissions based on the volume of trading activity.

– A range of educational resources, such as articles, videos, webinars, and e-books on cryptocurrency trading.

However, these products and services are not verified or endorsed by any credible source. They may not work as advertised or may contain hidden risks or limitations. Users should exercise caution before using any of Bitonext’s products or services.

Location:

Bitonext does not disclose its physical address or contact details on its website. It only provides an email address and a phone number for customer support. However, the phone number has a UK country code (+44), which does not match the website’s domain name (.io), which is typically used by entities based in the British Indian Ocean Territory. This suggests that Bitonext may be hiding its true location or operating from multiple jurisdictions.

Customer Service:

Bitonext claims to have a 24/7 customer service team that can be reached by email or phone. However, many customers have complained that Bitonext’s customer service is unresponsive, rude, or unhelpful. Some customers have also reported that Bitonext’s customer service agents have pressured them to deposit more money or refused to process their withdrawal requests.

Is Your Money Safe in an Unregulated Company?

Investing with an unregulated company like Bitonext is extremely risky and not recommended. Unregulated companies are not subject to any oversight or supervision by any authority. They can operate in any way they want without regard for the law or the interests of their clients. They can also disappear at any time with their clients’ money without leaving any trace or recourse.

Some of the risks of investing with an unregulated company include:

– Losing your money due to fraud, theft, hacking, or insolvency.

– Having no access to your funds due to withdrawal restrictions, delays, or denials.

– Having no protection from unfair or abusive practices such as price manipulation, trade execution errors, hidden fees, or false advertising.

– Having no recourse or compensation in case of any dispute or complaint with the company.

– Having no legal rights or remedies in case of any breach of contract or violation of law by the company.

Defensive Measures Against Fraudulent Brokers:

If you are interested in cryptocurrency trading, you should avoid unregistered entities like Bitonext and only deal with regulated and reputable brokers. You should also take some defensive measures against fraudulent brokers such as:

– Doing your research before choosing a broker. Check the broker’s website, reviews, ratings, reputation, and regulatory status. Verify the broker’s license and registration number with the relevant authority. Avoid brokers that have no physical address, contact details, or terms and conditions.

– Reading and understanding the broker’s terms and conditions, fees, commissions, and policies. Pay attention to the fine print and look for any hidden clauses or charges. Ask questions and seek clarification if anything is unclear or suspicious.

– Testing the broker’s platform, products, and services with a demo account before opening a live account. Check the platform’s functionality, reliability, security, and user-friendliness. Compare the platform’s prices, spreads, and execution speed with other sources. Evaluate the broker’s products and services for their quality, variety, and suitability for your needs and goals.

– Starting with a small amount of money and increasing it gradually as you gain confidence and experience. Do not invest more than you can afford to lose. Do not fall for any pressure or incentives to deposit more money or take more risks.

– Keeping track of your trading activity and account balance. Monitor your trades, profits, losses, fees, and commissions. Review your account statements and transaction history regularly. Report any discrepancies or errors to the broker immediately.

– Withdrawing your profits and principal as soon as possible. Do not leave your money idle or locked in the broker’s account. Request withdrawals frequently and in small amounts. Follow the broker’s withdrawal procedures and requirements. Keep records of your withdrawal requests and confirmations.

Conclusion:

Bitonext is an unregistered entity that claims to offer cryptocurrency trading services. However, it is not regulated by any authority and has been warned by the BCSC and the AMF for operating illegally and soliciting investors without authorization. Bitonext has also received many negative customer reviews and complaints for its poor performance, service, and practices. Investing with Bitonext is extremely risky and not recommended. Users should avoid Bitonext and only deal with regulated and reputable brokers. Users should also take some defensive measures against fraudulent brokers to protect their money and interests.

Caution Investors Auburnhillcapitals.com – Regarding this entity falsely presenting themselves as registered, licensed, or U.S.-based, including impersonating genuine securities firms, regulators, governmental agencies, or international organizations in their solicitation of investors.

Overview:

Auburn Hill Capitals is a website that claims to be a leading provider of online trading services, including forex, commodities, indices, stocks, and cryptocurrencies. The website claims to have over 10 years of experience in the financial markets and to offer advanced trading platforms, educational resources, and professional customer support. However, Auburn Hill Capitals is not registered with the SEC or any other regulatory authority, and it is operating illegally in the US. The SEC has issued an investor alert warning that Auburn Hill Capitals is a soliciting entity that may be involved in a phishing scam or identity theft.

Regulation and Compliance:

One of the most important factors to consider when choosing a broker is whether it is regulated by a reputable authority. Regulation ensures that the broker follows certain standards of security, transparency, and fairness, and that it protects the interests of its clients. Regulated brokers are also subject to regular audits and oversight, and they must comply with anti-money laundering and consumer protection laws. Auburn Hill Capitals is not regulated by any authority, and it does not provide any information about its legal status, ownership, or location on its website. This means that it is operating without any oversight or accountability, and that it can manipulate its prices, terms, and conditions at any time. It also means that it does not segregate its clients’ funds from its own, and that it does not offer any compensation or dispute resolution mechanisms in case of insolvency or fraud.

Customer Reviews:

Another way to assess the credibility of a broker is to look at its customer reviews and feedback. Customer reviews can provide valuable insights into the quality of the broker’s services, platforms, products, and support. They can also reveal any issues or complaints that the broker may have faced or caused. Auburn Hill Capitals has very few customer reviews online, and most of them are negative. Many customers have reported that they have been scammed by Auburn Hill Capitals, and that they have lost their money or their personal information. Some customers have also claimed that they have been harassed by the company’s representatives, who pressured them to deposit more money or threatened them with legal action.

Products and Services:

Auburn Hill Capitals claims to offer a wide range of trading products and services, including forex, commodities, indices, stocks, and cryptocurrencies. The website claims to have over 200 tradable assets, and to offer competitive spreads, leverage, and commissions. However, these claims are not verified or supported by any evidence or data. The website does not provide any details about its trading platforms, such as their features, functions, or compatibility. The website also does not provide any educational resources, such as articles, videos, webinars, or courses. The website only provides a few generic pages about trading basics, strategies, and risks.

Location:

Auburn Hill Capitals does not disclose its physical address or contact details on its website. The only way to reach the company is through an online form or an email address. This raises serious doubts about the legitimacy and transparency of the company. A reputable broker should provide clear and accurate information about its location and contact details, so that its customers can verify its identity and communicate with it easily. A lack of location information also makes it difficult for customers to file complaints or seek legal recourse if they encounter any problems with the company.

Customer Service:

Auburn Hill Capitals claims to have a professional and responsive customer service team that is available 24/7 via phone, email, or live chat. However, many customers have reported that they have not received any reply or assistance from the company’s customer service team. Some customers have also reported that they have been ignored or blocked by the company’s customer service team after requesting a withdrawal or filing a complaint. A poor customer service indicates that the company does not care about its customers’ satisfaction or needs, and that it may be hiding something from them.

Is Your Money Safe in an Unregulated Company?

The answer is no. Investing with an unregulated company like Auburn Hill Capitals is extremely risky and dangerous. You have no guarantee that your money is safe or secure with an unregulated company. You have no protection from fraud or misconduct by an unregulated company. You have no recourse or compensation if you lose your money or your personal information with an unregulated company. You are essentially giving your money to a stranger who can do whatever they want with it.

Defensive Measures Against Fraudulent Brokers:

If you are looking for a reliable and trustworthy broker to trade with, you should avoid unregistered soliciting entities like Auburn Hill Capitals at all costs. You should also take some defensive measures to protect yourself from fraudulent brokers:

– Do your research before choosing a broker. Check the broker’s website, reviews, regulation, and reputation. Verify the broker’s registration and license with the relevant authorities. Avoid brokers that make unrealistic or exaggerated claims, or that offer too-good-to-be-true deals.

– Be cautious of unsolicited offers or requests. Do not respond to emails, calls, or messages from unknown or suspicious sources that ask you to invest with them or to provide your personal or financial information. Do not click on any links or attachments that may contain malware or phishing software.

– Be careful with your money and your information. Do not deposit more money than you can afford to lose. Do not share your passwords, PINs, or verification codes with anyone. Do not use public or unsecured networks or devices to access your trading account. Always log out of your account when you are done trading.

– Monitor your account and transactions regularly. Check your account balance, history, and statements frequently. Report any suspicious or unauthorized activity to your broker and your bank immediately. Request withdrawals of your profits or funds as soon as possible.

– Seek help if you encounter any problems. If you have any issues or complaints with your broker, contact their customer service team and try to resolve them amicably. If you are not satisfied with the outcome, escalate your case to the broker’s regulator or ombudsman. If you are a victim of fraud or scam, report it to the relevant authorities and seek legal advice.

Conclusion:

Auburn Hill Capitals is an unregistered soliciting entity that is operating illegally and fraudulently in the US. The SEC has warned investors to avoid this company and to be wary of its phishing scam or identity theft scheme. Auburn Hill Capitals is not regulated, transparent, or credible, and it does not offer any quality or security to its customers. Investing with Auburn Hill Capitals is extremely risky and dangerous, and you may lose your money or your personal information with this company. You should stay away from Auburn Hill Capitals and choose a regulated and reputable broker instead.

Caution Investors Arptrade.com – Regarding registration of issuance, offer or sale of securities/derivatives, and reporting requirements.

Overview:

Arptrade.com is a website that claims to be a leading online trading platform that offers access to over 250 financial instruments, including forex, commodities, indices, stocks, and cryptocurrencies. The website also claims to provide advanced trading tools, educational resources, competitive spreads, and fast execution. However, arptrade.com is not authorized or regulated by any reputable financial authority, and the FCA has warned the public that it is operating illegally and may be involved in scam activities.

Regulation and Compliance:

One of the most important factors to consider when choosing a broker is whether it is regulated by a reputable financial authority, such as the FCA in the UK, the ASIC in Australia, the CySEC in Cyprus, or the NFA in the US. Regulation ensures that brokers comply with high standards of security, transparency, fairness, and customer protection. Regulated brokers are also required to segregate client funds from their own, participate in compensation schemes, and submit regular reports to their regulators. Arptrade.com does not have any of these features, and it is not licensed or registered by any authority. This means that it is operating illegally and can manipulate prices, withhold withdrawals, close accounts, or disappear with your money at any time.

Customer Reviews:

Another way to assess the credibility and reputation of a broker is to look at customer reviews and feedback from other traders who have used its services. Arptrade.com has very few reviews online, and most of them are negative. Many customers have complained that arptrade.com is a scam that does not allow them to withdraw their money, charges hidden fees, provides poor customer service, and uses aggressive marketing tactics. Some customers have also reported that arptrade.com has contacted them using fake names and phone numbers, and has tried to persuade them to deposit more money or reveal their personal information.

Products and Services:

Arptrade.com claims to offer a variety of products and services to its customers, such as:

– A web-based trading platform that is compatible with all devices and browsers

– A mobile app that allows trading on the go

– A demo account that allows practicing trading with virtual money

– A range of account types that cater to different levels of experience and investment

– A selection of payment methods that include credit cards, bank transfers, e-wallets and cryptocurrencies

– A 24/7 customer support team that can be reached via phone, email or live chat

However, these claims are not verified or supported by any evidence, and they may be false or misleading. Arptrade.com does not provide any information about its trading conditions, such as spreads, commissions, leverage, margin requirements, or execution speed. Arptrade.com also does not disclose its ownership, location, or contact details, which raises further doubts about its legitimacy and transparency.

Location:

Arptrade.com does not reveal its physical address or country of origin on its website. The only contact information it provides is a phone number with a UK country code (+44) and an email address ([email protected]). However, these details may not be genuine or reliable, as arptrade.com is not authorized or regulated by the FCA or any other UK authority. Moreover, arptrade.com may be using a virtual phone number or a proxy server to hide its real location or identity. Therefore, it is impossible to know where arptrade.com is based or who runs it.

Customer Service:

Arptrade.com claims to have a 24/7 customer support team that can be reached via phone, email, or live chat. However, many customers have reported that arptrade.com’s customer service is very poor and unresponsive. Some customers have said that arptrade.com’s phone number does not work or goes unanswered, while others have said that arptrade.com’s email address does not reply or send automated messages. Some customers have also said that arptrade.com’s live chat feature is either offline or unavailable most of the time.

Is Your Money Safe in an Unregulated Company?

The answer is no. If you deposit your money with an unregulated company like arptrade.com, you are exposing yourself to a high risk of losing it all. Unregulated companies are not bound by any rules or regulations that protect your rights as a customer. They can manipulate prices, execute trades against you, refuse withdrawals, charge hidden fees, or close your account without warning. They can also run away with your money without leaving any trace or recourse. You will not be able to file a complaint or seek compensation from any authority or scheme if you fall victim to an unregulated company’s scam.

Defensive Measures Against Fraudulent Brokers:

If you want to avoid being scammed by fraudulent brokers like arptrade.com, you should follow these defensive measures:

– Do your research before choosing a broker. Check its regulation, reputation, reviews, products, services, and contact details. Verify its license and registration number with the relevant authority. Avoid brokers that are not regulated or have negative feedback from customers.

– Be wary of unsolicited calls or emails from brokers that offer you unrealistic or too-good-to-be-true deals. Do not give out your personal or financial information to anyone you do not know or trust. Do not click on any links or attachments that may contain malware or phishing scams.

– Start with a small amount of money and test the broker’s platform and service. See how fast and easy it is to deposit and withdraw your money. See how fair and transparent the trading conditions are. See how responsive and helpful the customer support is. If you encounter any problems or red flags, stop trading and withdraw your money immediately.

– Use secure and reputable payment methods that allow you to dispute or reverse transactions in case of fraud. Avoid using methods that are irreversible or untraceable, such as wire transfers, cryptocurrencies, or prepaid cards.

– Keep records of all your communications and transactions with the broker. Take screenshots, save emails, record phone calls, and keep receipts. These may serve as evidence if you need to file a complaint or seek legal action against the broker.

Conclusion:

Arptrade.com is an unauthorized entity that claims to offer forex and CFD trading services. The FCA has issued a warning against this broker and advised investors to avoid it. Arptrade.com is not regulated by any authority, and it may be involved in scam activities. Arptrade.com does not provide any information about its trading conditions, ownership, location, or contact details. Arptrade.com has very few reviews online, and most of them are negative. Arptrade.com’s customer service is very poor and unresponsive. Arptrade.com’s products and services are not verified or supported by any evidence, and they may be false or misleading.

If you want to trade forex or CFDs online, you should choose a regulated and reputable broker that offers security, transparency, fairness, and customer protection. You should also follow some defensive measures to protect yourself from fraudulent brokers like arptrade.com. You should do your research, be wary of unsolicited offers, start with a small amount, use secure payment methods, and keep records of your dealings with the broker.

Caution Investors Alpinetrade.co – Regarding registration of issuance, offer or sale of securities/derivatives, and reporting requirements.

Overview:

Alpinetrade.co is a website that offers online trading services for various financial instruments, such as forex, CFDs, commodities, indices, stocks, and cryptocurrencies. The website claims to be operated by Alpine Trade Ltd, a company allegedly registered and regulated by the Swiss Financial Market Supervisory Authority (Finma). However, a quick search on Finma’s website reveals that Alpine Trade Ltd has not entered into the commercial register and is not authorized to provide financial services in Switzerland. This means that Alpinetrade.co is operating illegally and without any oversight from a reputable regulator.

Regulation and Compliance:

As mentioned above, Alpinetrade.co is not regulated by Finma or any other regulator. This poses a serious risk for investors who deposit their money with the broker. Unregulated brokers are not bound by any rules or standards of conduct and can manipulate prices, execute trades against their clients, refuse withdrawals, or even disappear with their clients’ funds. Moreover, unregulated brokers are not covered by any compensation scheme or dispute resolution mechanism, which means that investors have no recourse if they encounter any problems or losses with the broker.

Customer Reviews:

A quick online search reveals that Alpinetrade.co has received many negative reviews from its customers. Many of them complain about the broker’s poor customer service, high fees and commissions, delayed or denied withdrawals, aggressive marketing tactics, and false promises of profits. Some of them even accuse the broker of being a scam and warn others to stay away from it.

Products and Services:

Alpinetrade.co offers a variety of trading products and services, such as:

– A web-based trading platform that supports multiple languages and devices

– A range of account types with different minimum deposits, spreads, leverage, and bonuses

– A selection of payment methods, including credit cards, wire transfers, e-wallets, and cryptocurrencies

– A variety of educational resources, such as articles, videos, webinars, and ebooks

– A customer loyalty program that rewards clients with points that can be redeemed for gifts or cash

However, these products and services are not unique or competitive in the market. Many other brokers offer similar or better features and benefits for their clients. Moreover, these products and services are not reliable or trustworthy, as they are provided by an unregulated and fraudulent broker.

Location:

Alpinetrade.co claims to have its headquarters in Zurich, Switzerland. However, this is most likely a false claim, as the broker is not registered or regulated in Switzerland. The website does not provide any physical address or phone number for its office. The only way to contact the broker is through an email form or a live chat feature on the website. This makes it difficult to verify the broker’s location or identity.

Customer Service:

Alpinetrade.co claims to have a professional and friendly customer service team that is available 24/7 to assist its clients. However, this is another false claim, as many customers have reported that the broker’s customer service is poor and unresponsive. Many customers have complained that the broker’s representatives are rude, aggressive, or ignorant. Some customers have also reported that the broker’s representatives have tried to pressure them into depositing more money or accepting unwanted bonuses.

Is Your Money Safe in an unregulated company?

The answer is no. Investing with an unregulated company like Alpinetrade.co is extremely risky and dangerous. Unregulated companies are not subject to any rules or regulations that protect investors’ rights and interests. They can operate in any way they want without any accountability or transparency. They can manipulate prices, execute trades against their clients, refuse withdrawals, or even disappear with their clients’ funds. Moreover, unregulated companies are not covered by any compensation scheme or dispute resolution mechanism, which means that investors have no recourse if they encounter any problems or losses with the company.

Defensive Measures Against Fraudulent Brokers:

To avoid falling victim to fraudulent brokers like Alpinetrade.co, investors should take some defensive measures before choosing a broker to trade with. These measures include:

– Checking the broker’s regulatory status and license on the official website of the relevant authority

– Reading the broker’s terms and conditions carefully and understanding the fees, commissions, spreads, leverage, bonuses, and withdrawal policies

– Researching the broker’s reputation and customer feedback on online forums and review sites

– Testing the broker’s trading platform and customer service with a demo account or a small deposit

– Avoiding brokers that offer unrealistic returns or guarantees of profits

– Avoiding brokers that use high-pressure sales tactics or unsolicited calls or emails

– Reporting any suspicious or fraudulent activity to the relevant authority or law enforcement agency

Conclusion:

Alpinetrade.co is a forex and CFD broker that claims to be regulated by Finma but is not. The broker is operating illegally and without any oversight from a reputable regulator. The broker has received many negative reviews from its customers, who have complained about the broker’s poor customer service, high fees and commissions, delayed or denied withdrawals, aggressive marketing tactics, and false promises of profits. The broker’s products and services are not unique or competitive in the market. The broker’s location and identity are not verifiable. Investing with a broker is extremely risky and dangerous, as unregulated companies can manipulate prices, execute trades against their clients, refuse withdrawals, or even disappear with their clients’ funds. Moreover, unregulated companies are not covered by any compensation scheme or dispute resolution mechanism, which means that investors have no recourse if they encounter any problems or losses with the broker. Therefore, we advise our readers to avoid Alpinetrade.co and choose a regulated and reputable broker instead.