review – 5 things you should know about


Beware! is an offshore broker! Your investment may be at risk.



Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.

There is a certain uniqueness about the website of that cannot be really put into words; one must see to feel it. However, this feelings goes as far as one lets it overtake him or her. For us, the illusion was shattered in seconds by the many flaws that carries around with it. The short-lived promise is overshadowed by many problems,most of which plague all illegitimate brokers. And yes, ultimately what we have on our hands is a broker that is not worth your money and time. Read the review to find out why that is.

The act of registering a new account was easy and simple, and just about anyone can do it, which is exactly what these types of brokers want. Think about it- more registered users, means a higher percentage of depositors. This is scammer paradise.

Unfortunately, what followed next happens a lot lately, and is always a bummer. It appears that we cannot access a trading platform. Not that there isn’t one, but that the user name and password provided by the broker were not working. We don’t know what the reason behind this is, but this takes us to a drastically different review, because now we have to rely on the website for all the trading and payment details.This wouldn’t be considered an issue if were not shady.

Just keep in mind that illegitimate brokers lie on purpose on their sites to keep users artificially content.

The accounts page reveals that there are 5 different accounts, each locked behind unbelievably high deposit requirements. If a user wishes to access the 1.5 to 2 pip average spread (for an unknown asset) she will have to invest a minimum of €50 000! Otherwise for only €10 000 the user will get 2.5 to 3 pip spread, which is both useless. In other words, we cannot trust the spread information.

The leverage is capped at 1:200. The supposed available trading assets are indices, commodities, stocks, and crude oil.

The website is available in English only.


As far as we’re concerned, is 100% anonymous. It cannot be located, unless it wants to be found. It’s as simple as that.

There are no details on a license, no contact information, no nothing! is also warned against by the FCA. This completes the circle: the broker is undoubtedly UNLICENSED, and therefore a risk to all!

Better to invest in an FCA or CySEC regulated broker than throwing it to a scammer/unlicensed broker that will spend it on its own indulgences. Unregulated brokers will not return your funds, and users of these companies will face other issues! That is why we always say to readers that they should always check and double-check for a legitimate license. The FCA or CySEC are preferable regulations, but there are dozens of other equally capable regulators. Check our list for all of them. Crucially, though some FX watchdogs offer compensation schemes that apply to users of brokers that cannot deliver their financial duties. For example, CySEC guarantees up to €20 000 per person, while the FCA guarantees up to £85 000.


The email confirmation letter contained a link to a downloadable MT4 software. As we expected, the .exe file was named after some other broker, other than, which means that this MT4 does not trader under the servers of the broekr being reviewed today. This is a story we have been seeing on repeat.

The other trading software, a web trader, was also plagued by an issue. The user name and password did work, and they were provided by the broker!

Overall, it seems that does not grant us access to its trading platform, if indeed it has one!


We clearly see in the user area that the only depositing method readily available is a credit card option. There is no other payment gateway available. What ever the website might say, we have firm evidence against it. The minimum deposit is $250.

The withdrawal area, as part of the client dashboard, reveals two payment gateways: credit card and bank transfer.
According to the website, withdrawal requests are processed within 3 to 5 days. And even though there are vague fees mentioned, we wouldn’t put our guards down- unlicensed brokers are known for their unexpected fees.

In conclusion, is your common scammer broker The initial impression on us a long gone, and what occupies that space instead is a feeling of dread. Do not invest here!

How does the scam work?

The crucial moment for scammers happens when a random user decides to click on an ad that promises high profit, luxury goods, a care-free lifestyle, or any other too-goo-to-bee-true prospect.

Said user will be redirected either to the scammer investments site directly or to an intermediary site. There, she will be asked for her phone number and email address, through which the broker’s representatives will contact her. The goal is for the user to deposit the initial deposit.

Once this happens, in come the expert scammers, whose job is to keep the user as invested in the scam as possible, by initiating further deposits and, if possible, extracting sensitive ID documents.

At some point, the user will want to see results. She might see a couple of impressive profit sessions, but these are devices to keep her invested. The crucial part arrives when the client want’s to actually withdraw this money.

At this time, the broker will delay the request, block the account, stop calling the user, shit down the website, or do whatever it can so as to keep the user’s money for itself!

What to do if scammed?

Filling for a chargeback with your credit or debit card is crucial. That is if you have invested by means of a credit card. The good news is that MasterCard and VISA have a chargeback period of 540 days.

Bank deposits are harder to recuperate, but not impossible. Your best bet is to contact the bank and see with the institution itself if it can somehow get the money back. It’s crucial to always change your bank details – user name and password – if you have been defrauded by means of a wire transfer.

Last are deposits made by some kind of crypto method. These are untraceable, and therefore impossible to retrieve. That is why users should never invest by means of any digital currency.

The last line is the recovery agent or agencies. These promise to retrieve all the lost funds, using questionable techniques. Do not trust these for they will take a commission from you and leave you at an even bigger loss!

Rich Snippet Data



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