Do You Want to Know If JPY500 Is Legitimate or a Scam?
JPY500 is a broker that tries to seem legitimate, yet it doesn’t have a license and has been flagged by the FCA, the main regulator in the United Kingdom. It claims to offer a wide range of trading products, but its web platform is unspectacular, it demands a high minimum fee. One thing it does that is a real indication that JPY500 isn’t legitimate is that it lures people in with apparently generous bonuses.
What’s the Deal with JPY500?
What’s the problem with bonuses? Aren’t bonuses a good thing? They may appear to be, but they are only bait to hook in the fish. Unregulated brokers offer bonuses at a price. When customers are given bonuses, they are restricted from withdrawing money until they trade a certain amount. Often they require excessive trading activity that most customers can never achieve. The bonuses are worse than useless–they are a means of depriving customers of their money.
Here Are Some Problems with JPY500
- No license
- No transparency
- Flagged by FCA
- Misleading statements
- Fake bonuses
- Numerous negative reviews
If You Need Fund Recovery from JPY500, Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with this broker 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, and work to track down your funds.
