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Do You Want to Know If BESTRATES-4-U.COM Is Legitimate or a Scam Broker?
The Financial Conduct Authority or the FCA has flagged BESTRATES-4-U.COM as an unlicensed broker that is also being investigated for making misleading statements and engaging in questionable practices. True to their name, BESTRATES-4-U.COM claims to offer the best rates, but it makes the mistake of trying to guarantee returns for its clients. There is no way a broker can legitimately claim to offer a specific amount of returns to clients through trading.
There Are Some Problems with BESTRATES-4-U.COM
Other details about BESTRATES-4-U.COM should cause concern. It has an extremely high minimum deposit of 1000 euros. The purpose may be to keep money from its customers after they have deposited it. It’s never a good idea to invest with brokers that have been flagged by regulatory authority. It has been categorized as a high-yield fraud and may be an MLM, given its high rewards for referrals.
Red Flags that BESTRATES-4-U.COM Could Be a Scam Broker
- No license
- Clone scams
- Flagged by FCA
- No transparency
- False claims
- Bad reviews
If You Need Fund Recovery from BESTRATES-4-U.COM, Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with BESTRATES-4-U.COM close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.