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scam reviews 2021

Vide Forex Review

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Vide Forex

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Is Vide Forex a Scam Broker? 

Vide Forex emphasizes its trading services for forex, CFDs, and options. Brokers who put the stress on riskier trades tend to be suspect because these trading products are most commonly associated with scams. That isn’t to say any broker that offers CFDs, options, and forex is dodgy, but the more volatile assets attract shady schemes. Vide Forex boasts of having 5,000 clients with a trading volume of $4 million. However, its license is not something to brag about. 

Is Vide Forex a Scam or Legit Broker?

Vide Forex apparently holds a license from the Marshall Islands, which is a low-grade regulator. In some cases, having a low-quality license is not much better than having no license at all, since Marshall Islands regulators rarely provide oversight and are not active in pursuing customer complaints. Vide Forex also claims it returns traders 1% daily, which is an impossible guarantee. 

Here are some problems we have discovered from our research on Vide Forex and reviews:  

  • Low-grade license
  • Unrealistic guaranteed returns
  • Pushes risky assets
  • No contact information
  • Bad reviews

Broker Complaint Registry experts have examined Vide Forex and suspect it may be a scam. If you want to trade, do some research and select only a regulated broker. If you need assistance finding a reliable broker or require fund recovery from a scam broker, consult with our professionals right away. 

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scam reviews 2021

CME Global Review

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CME Global

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Is CME Global a Scam Broker? 

CME sounds like an impressive name, but not in the case of CME Global. This is yet another clone broker scam in which people create names that are similar to reputable financial companies. People may confuse CME Global with CME Group, which is the largest global futures exchange. It is important, therefore, to double-check the names of brokers and ensure they have licenses before opening an account. 

Is CME Global a Scam or Legit Broker?

When a broker adopts a name that sounds like a reliable financial company to make itself seem legitimate, that is usually not a good sign. CME Global does not have a license, does not reveal information about who is behind it, and has received many bad reviews. Therefore, we suggest looking for a regulated broker rather than opening an account with CME Global. 

Here are some problems we have discovered from our research on CME Global and reviews:  

  • No license
  • Clone broker
  • No transparency
  • Bad reviews

Our experts do not recommend CME Global.  We encourage visitors to do research, read our broker reviews, and select regulated brokers. If you have been scammed by CME Global or any other broker, contact Broker Complaint Registry right away and we can advise you on fund recovery. 

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scam reviews 2021

ZoroGlobal Review

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ZoroGlobal

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Is ZoroGlobal a Scam Broker? 

It is not so obvious at first that ZoroGlobal is a problematic broker because it offers the popular and reliable trading platform MetaTrader 4 and unlike many scam brokers, warns potential traders of the risks, but there are nevertheless many reasons to be suspicious of ZoroGlobal. We could not find any contact information about this broker, it is not regulated and has been the subject of warnings by European regulators. 

Is ZoroGlobal a Scam or Legit Broker?

The CNMV in Spain has warned the public against opening an account with ZoroGlobal. The lack of a license and warnings such as this should be enough to encourage anyone to look elsewhere for safe and reliable trading. Research brokers carefully before opening an account. There are some signs in ZoroGlobal’s content that it is not professional, but there is no need to parse wording–checking its reputation, it is clear that ZoroGlobal is not the right choice. 

Here are some problems we have discovered from our research on ZoroGlobal and reviews:  

  • Unregulated
  • Warning from the CNMV
  • Lackluster content
  • No contact information
  • Negative reviews

Our experts do not recommend ZoroGlobal.  We encourage visitors to do research, read our broker reviews, and select regulated brokers. If you have been scammed by ZoroGlobal or any other broker, contact Broker Complaint Registry right away and we can advise you on fund recovery. 



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scam reviews 2021

FXOptionTrade Review

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FXOptionTrade

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Is FXOptionTrade a Scam Broker? 

Sometimes you have to dig a little to determine that a broker may be unreliable. At other times it is as clear as a warning from the UK’s main regulator, the FCA which has urged the public to stay away from FXOptionTrade because it is a clone broker. This means that it has copied its website and has a similar-sounding name to an FCA-regulated broker. This is a deceitful way of trying to steal potential clients from a legitimate broker and give them false services. 

 Is FXOptionTrade  a Scam or Legit Broker?

Although the site design and name may have been lifted from a reliable broker, the content should betray that it is an imposter. The web content does not read as if it was written by professionals who know what they are doing. That should be enough of a tip-off but the FCA warning should be the main reason to stay away. 

Here are some problems we have discovered from our research on FXOptionTrade and reviews:  

  • No license
  • Warning from the FCA
  • Clone broker
  • Badly written content
  • Guaranteed returns
  • No transparency

Our experts do not recommend FXOptionTrade.  We encourage visitors to do research, read our broker reviews, and select regulated brokers. If you have been scammed by FXOptionTrade or any other broker, contact Broker Complaint Registry right away and we can advise you on fund recovery.

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scam reviews 2021

SHIB-Giveaway Review

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SHIB-Giveaway

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Is SHIB-Giveaway a Scam? 

 We may all have seen cryptocurrency deals advertised on social media. They thrive on unrealistic promises and claim that they can double customers’ money in a day or a few hours. Sadly, most people lose all of their original investment in these schemes and SHIB-Giveaway follows a very similar model. Like these schemes, they are active on social media and rely on people giving them information through insecure means, such as messenger. They can then block the customer and disappear.

Is SHIB-Giveaway a Scam or Legit?

There are many complaints about this broker which is not surprising because it is not regulated, does not have a secure website, and makes extravagant claims. It is alleged that SHIB-Giveaway sells consumer data and is a prime example of why people who want to trade cryptocurrency should do so only on a regulated platform or with a licensed broker. We suggest that you search for a reliable broker with a license rather than chase crypto scams on social media. 

Here are some problems we have discovered from our research on SHIB-Giveaway and reviews:  

  • No license
  • No secure website
  • Huge claims
  • No contact information
  • Is probably selling customer data

Our experts do not recommend SHIB-Giveaway.  We encourage visitors to do research, read our broker reviews, and select regulated brokers. If you have been scammed by SHIB-Giveaway or any other broker, contact Broker Complaint Registry right away and we can advise you on fund recovery. 

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scam reviews 2021

Sunton FX Review

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Sunton FX

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Is SuntonFX a Scam Broker? 

If the name SuntionFX sounds familiar it could be that it shares part of its name with Sunton Capital. The two brokers may share more than a name. It isn’t common for scam brokers to clone other brokers using similar-sounding names, but in this case, there are questions about both Sunton Capital and SuntonFX. Often unregulated brokers will adopt several names to throw off regulators and the public. 

Is SuntonFX a Scam or Legit Broker?

SuntonFX boasts about its services and claims that it has higher standards than the FCA, the Financial Conduct Authority of the UK. This is hard to believe since the FCA is a top-tier regulator. It is also not an excuse for not having a license from the FCA which SuntonFX clearly does not. Therefore, we recommend staying away from this broker. Particularly concerning was one review that this broker asked for extremely sensitive data. 

 

Here are some problems we have discovered from our research on SuntonFX and reviews:  

  • Unlicensed 
  • Poorly designed website
  • Brags about not needing a license
  • Asks clients for sensitive data
  • No contact information

 

Our experts do not recommend SuntonFX We encourage visitors to do research, read our broker reviews, and select regulated brokers. If you have been scammed by SuntonFX or any other broker, contact Broker Complaint Registry right away and we can advise you on fund recovery.

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scam reviews 2021

Adnxbit Review

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Adnxbit

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Is Adnxbit a Scam Broker? 

Adnxbit is one of many “mysterious” brokers that does not have any contact or licensing information and does not provide transparency. Research is one of the most important steps you can take before signing up for any financial service. Would you get into a taxi cab if the driver has no license? Most likely not. For the same reason, it is a bad idea to trust your money with an unlicensed broker. 

Is Adnxbit a Scam or Legit Broker?

Although it is possible that Adnxbit is legitimate, it is unlikely. In our investigation of brokers, we rarely see reliable services coming from unlicensed brokers. Without the oversight of a regulator, the customer has little recourse when they complain about disappearing brokers or if they have a dispute. We suggest looking for a licensed broker instead of Adnxbit. Research brokers online and ensure they are licensed, provide contact information, and give a thorough description of their services before signing up. 

Here are some problems we have discovered from our research on Adnxbit and reviews:  

  • Unlicensed
  • Negative reviews
  • Lack of visibility into who runs it
  • No transparency

Our experts do not recommend Adnxbit.  We encourage visitors to do research, read our broker reviews, and select regulated brokers. If you have been scammed by Adnxbit or any other broker, contact Broker Complaint Registry right away and we can advise you on fund recovery.

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scam reviews 2021

Kirther Investment Review

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Kirther Investment

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Is Kirther Investment a Scam Broker? 

Kirther Investment’s website is not terribly impressive. The content is not well-written and the design is pretty basic. This shouldn’t be enough to completely reject a broker and of course, some scam brokers have impressive-looking websites, but it is a tip-off that this service does not pay attention to details and invest in its services. More important than the website design and content is the fact that the British Columbia Securities Commission and the Ontario Securities Commission issued a warning about Kirther Investment. 

Is Kirther Investment a Scam or Legit Broker?

The main problem is, of course, the warning against Kirther Investment, which falsely claims that it is licensed to offer brokerage services to Canadians. However, two major Canadian regulators have confirmed this is incorrect and that Kirther Investment has no license. Therefore, it is best to stay away from this broker. Not having a license is bad enough, but also earning a negative report from a regulator is a deal-breaker. 

 

Here are some problems we have discovered from our research on Kirther Investment and reviews:  

  • False claims about licensing
  • Warnings from two regulators
  • Sub-par web content
  • No visibility
  • Bad reviews

 

Our experts do not recommend Kirther Investment.  We encourage visitors to do research, read our broker reviews, and select regulated brokers. If you have been scammed by  Kirther Investment or any other broker, contact Broker Complaint Registry right away and we can advise you on fund recovery. 



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scam reviews 2021

Mining Pool Review

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Mining Pool

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Is Mining Pool a Scam Broker?

Mining Pool is a broker with a large number of bad reviews. Although reviews often inform our decisions about what to buy or what services to sign up for, many broker reviews created by so-called customers are fake. Often, dodgy brokers hire people to make false-positive reviews and competitors can run smear campaigns about other brokers. However, if there is a large number of negative reviews it is important to pay attention, even though the individual reviews should be viewed with some skepticism. 

Is Mining Pool a Scam or Legit Broker?

The main problem with Mining Pool is not the reviews but the fact that it is not regulated. It is not uncommon for brokers and trading services associated with cryptocurrencies to be unlicensed. Even though cryptocurrencies are not regulated, that does not mean that customers should use brokers and platforms that have no licenses. The one way to keep your money safe with risky assets is with licensed brokers and platforms. 

Here are some problems we have discovered from our research on Mining Pool and reviews:  

  • No license
  • Bad reviews
  • No visibility 
  • No contact information

Broker Complaint Registry experts have examined Mining Pool and have discovered that it is a scam. If you want to trade, do some research and select only a regulated broker. If you need assistance finding a reliable broker or require fund recovery from a scam broker, consult with our professionals right away.

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scam reviews 2021

CrystaLead Review

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CrystaLead

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Is CrystaLead a Scam Broker?

CrystaLead is a broker that doesn’t give much information about itself. This is never a good sign since a reliable broker should be open about its services. Worse yet, the

BCSC, a top regulator in Canada, has complained about CrystaLead by name as a broker that has not been honest and trades with Canadian clients even though it has no license. CrystaLead may suggest or pretend they are licensed, but it is yet another unregulated broker that seems to be causing problems. 

Is CrystaLead a Scam or Legit Broker?

We don’t recommend trading with an unregulated broker, especially one that has been singled out by the BCSC as one that should be avoided. A better course of action is to do thorough research, look for a regulated broker with a solid reputation and avoid unlicensed brokers like CrystaLead. 

Here are some problems we have discovered from our research on CrystaLead and reviews:  

  • No license
  • Warning from British Columbia Securities Commission
  • No visibility
  • Negative reviews

Our experts do not recommend CrystaLead.  We encourage visitors to do research, read our broker reviews, and select regulated brokers. If you have been scammed by CrystaLead or any other broker, contact Broker Complaint Registry right away and we can advise you on fund recovery.