Fair Markets is marketed as a cutting-edge financial institution that provides investment opportunities, including cryptocurrency services and high-return investment products. While digging deeper, there are many red flags to suggest that the broker is likely not genuine. From concealed ownership and low traffic on the website to unresolved complaints of withdrawals, Fair Markets features many red flags that imply that it is likely a scam...
Finrally is a sophisticated-looking binary options broker promising fast payouts, big returns, and trading rewards. Yet on closer examination of Finrally, there are a number of concerning red flags that indicate this is quite possibly a scam operation. From secret ownership to non-communicative customer service and dubious tactics, Finrally is a serious concern for anyone thinking of investing with them. Website: Website Availability: Yes...
Overview of TD365 TD365 introduces itself as a pioneering trading platform that provides traders with access to a broad variety of financial instruments. But behind its purportedly appealing interface are several warning signs that indicate fundamental reliability issues. The platform is offshore-registered, which puts into question its regulatory authenticity as well as the safety measures provided for traders. Website: Website Availability:...
FTMO, a proprietary trading firm that is well-liked by forex and CFD traders, has gained huge popularity for providing funded accounts to traders who succeed in their "Challenge" and "Verification" stages. However recent allegations and direct experiences of several investors seriously question the legitimacy and fairness of the platform. In this article, we explore allegations brought forward by traders that FTMO can be either working in a...
The crypto universe is still drawing innovation but, regrettably, also bringing in scammers that prey on investors' trust. Fibonacci, also known as Fibonacci Network, is a questionable project that has come under the scanner. Fibonachis had a veneer of legitimacy constructed on a well-crafted roadmap, airdrops, and staking. Fibonachis is passed off as a genuine blockchain project. However, on closer examination, there are red flags galore that...
With the increasing landscape of online trading, so are the fake platforms that seek to scam unsuspecting investors. Altdexs is one such platform being drawn into the limelight lately with many red flags, investor grievances, and the absence of regulatory scrutiny. Although it purports to provide safe forex and CFD trading services worldwide, closer scrutiny identifies suspicious evidence of a Ponzi-like structure and possible scam activity....
Solidus Markets poses as a genuine cryptocurrency and trading platform. A deeper look, however, tends to expose a design of dishonesty, regulatory defiance, and usurpation of a genuine name. Many victims have experienced monetary loss, and some regulatory agencies have issued advisories about the platform. Website: Website Availability: NA Blacklisted by: Financial Conduct Authority(United Kingdom) Domain Age: Name-SOLIDUSX.COM Registry Domain...
As the trading industry expands online, so does the number of scammers that pose as authentic financial services. One company that has raised some very serious red flags is Verbo Capital. This newly established broker seems to be operating as a legitimate player in the forex and cryptocurrency market, but several very important warning signs indicate otherwise. In this review, we dissect the main concerns with Verbo Capital and why investors...
What Is PlexyTrade? PlexyTrade comes off as a trendy, one-stop-shop trading platform that deals in forex, cryptocurrencies, and CFDs. With a flashy interface, aggressive marketing jargon, and guarantees of sky-high returns, it tries to entice novice traders and investors. But a scam lies beneath the outwardly attractive veneer with the intention of tricking users and draining their money with no strings attached. PlexyTrade Broker Overview...
As the number of online trading platforms has grown, so too have the opportunities for people to tap into the financial markets — and the opportunities for scams and fake sites. Bipas-Swift-Trade.com is a site that stands out among these scams with several red flags. This review aims to give a comprehensive breakdown of the risks involved in taking part in this website and why discretion is the better part of valor. Lack of Transparency:...
