This RoctecEurope.com review will analyze the broker’s operations, focusing on red flags and tips for recovering lost funds if scammed.
FRE Broker Overview
- Website: http://rocteceurope.com/
- Website Availability: No
- Address: ROOM 3908 39/F, 99, QUEEN’S ROAD CENTRAL, Hong Kong
- Blacklisted by: Autorité des Marchés Financiers (AMF) and Securities And Futures Commission (Hong Kong) – (SFC)
- Domain Age:
Name ROCTECEUROPE.COM
Registry Domain ID 2892633772_DOMAIN_COM-VRSN
Registered On 2024-06-21T15:10:41Z
Expires On 2025-06-21T15:10:41Z
Updated On 2024-12-18T09:04:58Z
RoctecEurope.com claims to provide online trading in a variety of financial markets, such as stocks, forex, commodities, indices, bonds, and cryptocurrencies. It also advertises algorithmic trading systems and investment plans with guarantees of high returns. This RoctecEurope.com review, however, identifies several concerning red flags and warning signs of scams.
Roctec Europe Review – Key Warning Signs
Regulatory Warnings & Licensing Issues
RoctecEurope.com has been alerted by the French Autorité des Marchés Financiers (AMF) and the Hong Kong Securities and Futures Commission (SFC) for running its business without authorization. The lack of valid regulation raises serious concerns about the platform’s credibility and safety.
Poor Online Reputation & Hidden Identity
As per ScamAdviser, RoctecEurope.com has a trust score of only 1/100, which means it is high-risk. Trustpilot gives it 2.5/5, and most reviews are negative. Customers complain about not being able to withdraw money and receiving continuous spam calls. The owner conceals their identity through WHOIS, which is a warning sign.
Website Issues
The platform’s official site, http://rocteceurope.com/, is currently not functional, further diminishing its credibility and raising questions about its legitimacy.
Final Verdict
This RoctecEurope.com review concludes that the broker displays several red flags typical of scam operations—lack of regulation, false claims, poor transparency, and negative user reviews. Investors are strongly advised to avoid RoctecEurope.com and opt for well-regulated, reliable trading platforms instead.
Avoid These Popular Online and Financial Scams
Scammers have various ways to get into the minds of people and take away money from them. Here’s the list of scams:
- WhatsApp Scams: Scammers pretend to be officials, friends, or investment consultants. Their task is to lead the victim to invest in fake schemes or attempt phishing.
- Telegram Scams: Scammers create bogus groups and pose as real businesses to promote fraudulent investments, fake giveaways, and Ponzi schemes.
- Ponzi Scams: Their promise is of high returns and low risk, which is paid by new investors to earlier ones until the scheme collapses.
- NFT Scams: Scammers create bogus NFT projects, artificially inflate the price of NFTs, or simply dupe buyers into purchasing worthless digital collectibles.
- Amazon Scams: Fake Amazon representatives trick users into leaking personal details via fake order confirmation emails, refund scams, or phishing websites.
Is RoctecEurope.com Broker Legitimate?
Using the following aspects, we try to confirm the legitimacy of RoctecEurope.com Broker:
- Regulation Status: Legitimate brokers are regulated by the SEC, FCA, or ASIC. The lack of regulatory information is a big red flag.
- User Reviews and Complaints: Complaints from dozens of investors regarding lost funds and withdrawal issues point to scamming.
- Transparency and Credibility: Lack of company data, hidden fees, and misleading terms are signs of fraud.
How to Get Funds Back from RoctecEurope.com Broker?
If you got scammed by Roctec Europe Broker, these steps might help you recover your funds:
- Report to Your Bank or Payment Provider: Refer to transactions made without your permission and file a chargeback request.
- Collect All Evidence: All communications, transaction receipts, and screenshots should be consolidated as proof of the scam.
- Complaint Registration with Financial Authorities: Report the scam to the regulator within your country.
- Consider Seeking Professional Help: Recovery experts can follow the money trail and launch a lawsuit against the fraudulent brokers.
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New fraudulent schemes targeting traders are something we are constantly keeping an eye on across the internet. Having gathered data on scam brokers for over ten years, we hardly can think of any other untrustworthy company in the market. Information about the scammers is provided below from our List of SCAM Brokers.
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