MarketLtd Website – https://marketltd.co/

Warnings Against MarketLtd – Federal Financial Supervisory Authority (Germany)

MarketLtd Address – Commonwealth of Dominica

 Why we do not recommend MarketLtd?

We reviewed MarketLtd and their website. We do not recommend any trader/public to do any commerce with them. The reason, we hereby publish the MarketLtd review.

Introduction of MarketLtd.

After studying their website and from other sources we came to know that Market Ltd seems not regulated by any known regulating authority. If the broker is regulated by any well-known financial regulators like FCA (UK), SEC (USA), CONSOB (Italy), ASIC (Australia), CSA (Canada), CYSEC (Cyprus), ESMA (Europe), AMF (France), BaFin (Germany), FSA (Japan), CNMV (Spain), FINRA (USA), etc. then it is good for the investor/trader. There is a ray of hope that your money can not be scammed so easily, as they have strict rules and regulations. There are chances the scammed money can be upturned, if not entirely then at least partially. Scam brokers get themselves regulated by a low-profile regulator and from a country that is notorious for regulating without many perquisites. It is nearly equivalent to being non-regulated. This is a vital red flag investors/traders should look for while investing with the broker.

Many broker websites work in conjunction with others who offer “automated trading software”. These websites are famous for scamming. This is also another warning sign you should vouch for before investing.

So MarketLtd is just another unregulated broker where the client’s money is not safe. There are chances that the broker company will flee off with your hard-earned money as there is no regulating/licensing authority to hold them accountable.

How do scam brokers scam investors/traders?

The scam brokers usually cold-call people at random. Or they send a wicked link through emails. Or they will nearly carbon copy (clone) a well-known and famous website with very minor unnoticeable changes and pretend that they are genuine. Or they will attach a link (get-rich-quickly) with some advertisement, and when the investor clicks on the link he is directed to the scammer’s website. The scammers “buy” data of persons they target from the grey market.

Scammer’s main purpose is to convince people to open an account with them with some initial deposit. Once you deposit the money, they offer another scheme whereby you can double your money in the shortest possible time or earn 100 USD per day. The manager you may be talking to till now will have resigned from the office and your account will be handled by the retention manager. The new manager will convince you to deposit more funds so that you earn more profits. Things go on and on till you exhaust depositing money.

The risk warning while trading may not be mentioned on their webpage or it would be hidden somewhere in the corner. MarketLtd has used some of the above-mentioned techniques to defraud traders and thus suspected to be a scam broker.

Investors/traders face problems withdrawing funds.

If your sixth sense says that you are being scammed, urgently submit a withdrawal request. Your funds are unsafe with a non-regulated broker or dishonest brokers like Market Ltd. Read other broker Reviews at Scammers List 2022.

Whether you gain from your trades or not, no sooner you request a withdrawal, the process will take months. The process is deliberately delayed from the brokers’ side. Your money is gone forever. Your withdrawal request will go unheeded umpteen times, and finally, you will not get any money from them.

In case you signed managed account agreement when opening an account, you authorize the scammer to do anything he wants to, with your account. They will squeeze you for deposits till your last penny and then they will show you that your trading activities are going into loss.

The bonus and withdrawal conditions, rules, and regulations are not legitimate and they are made to defraud traders/investors. One or more of the issues have been reported with MarketLtd and therefore traders are advised not to trade with them.

Can you get your money back?

When you request your money back from them, there is a possibility they will not return you anything back. There are several other methods/options to get your money back.

Keep all your messages (tax invoice, bills, SMS, email, etc.) as evidence that you have been demanding from the broker for a long time your money back/withdrawals.

Scammers delay the process endlessly to avoid the chargeback filed by you as their plan is not to repay your funds.

File a chargeback immediately. If you do not know the way we can help and support you in preparing a valid case. Contact Lucenteq by filling out the form here and submit. But remember, the broker should be unaware of it as he will be alert and watchful, and will take preventive steps.

What if you deposited money through bank wire?

If you deposit through bank wire, your challenging techniques will change. Let the provider know your story. In case the banks are not willing to cooperate, let them know that you will go to higher authorities and file a complaint. That will make them think about the chances of a refund.

Prepare an email and forward it to the licensor authorities of your jurisdiction. If you do not know how to draft the email/letter or whom to send contact us and we will be happy to help you.

Help others not to fall victim to MarketLtd.

Yet another way to hurt scammers is to post reviews and comments on different-different sites. People will get aware before investing with MarketLtd. You can also post comments/reviews on our site.

When these scammers change the company’s name or website, they usually call their old clients they have scammed. If you get phone numbers or email IDs write them down in your comment/review and let the whole world know about them.

The broker remains functional for a certain time and suddenly disappears.  You cannot contact the broker or the website goes down. The broker restarts his operation under a different name and the changed website URL without any notice to prevailing traders.

MarketLtd review conclusion.

Writing a review of MarketLtd was a challenge. And we hope that many people/investors/traders will be able to save money after reading this review. We hope the review of Market Ltd was helpful to you.

Remember, always trade with a regulated and trustworthy broker. Read reviews published on our site. In case you want any advice on the withdrawal process or have any questions/queries do contact us.

Ajglobalfxtrading.com Website – http://ajglobalfxtrading.com/

Warnings Against Ajglobalfxtrading.com – Not Recommended By Review Website Like Lucenteq

Ajglobalfxtrading.com Address – NA

 Why we do not recommend Ajglobalfxtrading.com?

We reviewed Ajglobalfxtrading.com and their website. We do not recommend any trader/public to do any commerce with them. The reason, we hereby publish the Ajglobalfxtrading.com review.

Introduction of Ajglobalfxtrading.com

After studying their website and from other sources we came to know that Ajglobalfxtrading.com seems not regulated by any known regulating authority. If the broker is regulated by any well-known financial regulators like FCA (UK), SEC (USA), CONSOB (Italy), ASIC (Australia), CSA (Canada), CYSEC (Cyprus), ESMA (Europe), AMF (France), BaFin (Germany), FSA (Japan), CNMV (Spain), FINRA (USA), etc. then it is good for the investor/trader. There is a ray of hope that your money can not be scammed so easily, as they have strict rules and regulations. There are chances the scammed money can be upturned, if not entirely then at least partially. Scam brokers get themselves regulated by a low-profile regulator and from a country that is notorious for regulating without many perquisites. It is nearly equivalent to being non-regulated. This is a vital red flag investors/traders should look for while investing with the broker.

Many broker websites work in conjunction with others who offer “automated trading software”. These websites are famous for scamming. This is also another warning sign you should vouch for before investing.

So Ajglobalfxtrading.com is just another unregulated broker where the client’s money is not safe. There are chances that the broker company will flee off with your hard-earned money as there is no regulating/licensing authority to hold them accountable.

How do scam brokers scam investors/traders?

The scam brokers usually cold-call people at random. Or they send a wicked link through emails. Or they will nearly carbon copy (clone) a well-known and famous website with very minor unnoticeable changes and pretend that they are genuine. Or they will attach a link (get-rich-quickly) with some advertisement, and when the investor clicks on the link he is directed to the scammer’s website. The scammers “buy” data of persons they target from the grey market.

Scammer’s main purpose is to convince people to open an account with them with some initial deposit. Once you deposit the money, they offer another scheme whereby you can double your money in the shortest possible time or earn 100 USD per day. The manager you may be talking to till now will have resigned from the office and your account will be handled by the retention manager. The new manager will convince you to deposit more funds so that you earn more profits. Things go on and on till you exhaust depositing money.

The risk warning while trading may not be mentioned on their webpage or it would be hidden somewhere in the corner. The Ajglobalfxtrading.com has used some of the above-mentioned techniques to defraud traders and thus suspected to be a scam broker.

Investors/traders face problems withdrawing funds.

If your sixth sense says that you are being scammed, urgently submit a withdrawal request. Your funds are unsafe with a non-regulated broker or dishonest brokers like Ajglobalfxtrading.com. Read other broker Reviews at Scammers List 2022.

Whether you gain from your trades or not, no sooner you request a withdrawal, the process will take months. The process is deliberately delayed from the brokers’ side. Your money is gone forever. Your withdrawal request will go unheeded umpteen times, and finally, you will not get any money from them.

In case you signed managed account agreement when opening an account, you authorize the scammer to do anything he wants to, with your account. They will squeeze you for deposits till your last penny and then they will show you that your trading activities are going into loss.

The bonus and withdrawal conditions, rules, and regulations are not legitimate and they are made to defraud traders/investors. One or more of the issues have been reported with Ajglobalfxtrading.com and therefore traders are advised not to trade with them.

Can you get your money back?

When you request your money back from them, there is a possibility they will not return you anything back. There are several other methods/options to get your money back.

Keep all your messages (tax invoice, bills, SMS, email, etc.) as evidence that you have been demanding from the broker for a long time your money back/withdrawals.

Scammers delay the process endlessly to avoid the chargeback filed by you as their plan is not to repay your funds.

File a chargeback immediately. If you do not know the way we can help and support you in preparing a valid case. Contact Lucenteq by filling out the form here and submit. But remember, the broker should be unaware of it as he will be alert and watchful, and will take preventive steps.

What if you deposited money through bank wire?

If you deposit through bank wire, your challenging techniques will change. Let the provider know your story. In case the banks are not willing to cooperate, let them know that you will go to higher authorities and file a complaint. That will make them think about the chances of a refund.

Prepare an email and forward it to the licensor authorities of your jurisdiction. If you do not know how to draft the email/letter or whom to send contact us and we will be happy to help you.

Help others not to fall victim to Ajglobalfxtrading.com.

Yet another way to hurt scammers is to post reviews and comments on different-different sites. People will get aware before investing with Ajglobalfxtrading.com. You can also post comments/reviews on our site.

When these scammers change the company’s name or website, they usually call their old clients they have scammed. If you get phone numbers or email IDs write them down in your comment/review and let the whole world know about them.

The broker remains functional for a certain time and suddenly disappears.  You cannot contact the broker or the website goes down. The broker restarts his operation under a different name and the changed website URL without any notice to prevailing traders.

Ajglobalfxtrading.com review conclusion.

Writing a review of Ajglobalfxtrading.com was a challenge. And we hope that many people/investors/traders will be able to save money after reading this review. We hope the review of Ajglobalfxtrading.com was helpful to you.

Remember, always trade with a regulated and trustworthy broker. Read reviews published on our site. In case you want any advice on the withdrawal process or have any questions/queries do contact us.

Oriontero Website – oriontero.com

Warnings Against Oriontero – Financial Services and Markets Authority (Belgium)

Oriontero Address – Canary Wharf, Tower Hamlets London Borough, E14 5HN, United Kingdom

We reviewed Oriontero and their website. We do not recommend any trader/public to do any commerce with them. The reason, we hereby publish the Oriontero review.

Introduction

Oriontero is based in the UK, their address is Canary Wharf, Tower Hamlets, Borough, London, E14 5HN, United Kingdom. There are two contact numbers, one for support at +4 420 3006 1578 and trading at +4 420 3005 2151. Their email address is support@oriontero.com. You can also contact by sending a message. It was founded in 2021.

Trading accounts

Their site claims there are seven account types one can choose from depending on the trader’s orientation. One has to sign up first. Each trader can choose an account depending upon trading requirements and budget. The higher the account, the more are features. Guidance can be sought from Oriontero for selecting the right account.

Trading accounts starts from Bronze (10,000 EUR), then Silver (25,000 EUR), Gold (50,000 EUR), Platinum (100,000 EUR), Diamond (250,000 EUR), Premium (500,000 EUR), and VIP (1,000,000 EUR). You can also start with a minimum deposit of 250 EUR, but you will have no facilities until you upgrade. There is no demo account and no Islamic (no information on the website) account. For a trial, you have to start with a Bronze account.

There is an affiliate and loyalty program. Oriontero offers anyone to join as an affiliate, who are social media influencers and active internet users. It is a sign of a pyramid or Ponzi scheme.

Education

Before jumping into any industry, it is necessary to learn to pros and cons of that industry/sector. Oriontero provides you with training material to learn the basics of trading to formulate advanced strategies. There are videos and e-books in your hands. There are account executives for high-priority accounts to support you in the right direction of your trades.

You can learn basics, understand advanced concepts, and learn many analytical methods. Training is provided by professionals in the field. Live webinars are conducted from time to time.

Operating countries

Oriontero operates in Canada, Australia, New Zealand, Sweden, the UK, and the Netherlands.

Trading platforms

Oriontero claims it provides sophisticated trading tools but the trading platform is simple and plain WebTrader. MetaTrader is only available as a mobile app. You cannot work with MetaTrader on your desktop. One can login through mobile but access to certain features is limited since to save money the company has not purchased the full version of MetaTrader.

Trading instruments

One can trade cryptocurrencies, forex (currency pair), shares, metals, indices, and commodities. It is better to diversify your portfolio, so as to minimize risk. It is a tried and tested method. Through Oriontero you can pick up any asset and have access to worldwide financial markets.

Regulations

Oriontero is an unregulated broker. It does not have a license to operate in any country mentioned above. The site claims that they are in process of being regulated. In many countries, the company is blacklisted.

Why you should not open an account with Oriontero?

• Not regulated by any authority, hence your funds are not safe.
• The broker’s owner is not known.
• On its website, we did not find any license number.
• There is a lot of murkiness in their operation.
• They boast they have made many persons rich, but there is no evidence.
• There is no single feedback from the traders.
• The site does not reveal funding options available to fund your account.
• The site does not show any successful withdrawals. Withdrawals are not possible.
• There are hidden fees that they charge, as there is no fee structure displayed on the site.

We are there to help you

In case you are the victim of the Oriontero scam do contact us. Lucenteq helps recover your funds. For any queries, you can contact us, call us, or email us at 192 N Cities Service Hwy APT 6, Sulphur, LA 70663, +1 601 952 8830, or support@Lucenteq.net respectively. You can also file a quick complaint and send us.

We update the forex scammers list regularly. Do read to gain better knowledge and avoid scam companies.

Elcomercio24 Website – elcomercio24.com

Warnings Against Elcomercio24 – British Columbia Securities Commission (British Columbia), National Securities Market Commission (Spain), Finansinspektionen (Sweden)

Elcomercio24 Address – Suite 305, Griffith Corporate Centre, Beachmont, Box 1510 Kingstown, St. Vincent and the Grenadines

 Why we do not recommend Elcomercio24?

We reviewed Elcomercio24 and their website. We do not recommend any trader/public to do any commerce with them. The reason, we hereby publish the Elcomercio24 review.

Introduction of Elcomercio24.

After studying their website and from other sources we came to know that Elcomercio24 seems not regulated by any known regulating authority. If the broker is regulated by any well-known financial regulators like FCA (UK), SEC (USA), CONSOB (Italy), ASIC (Australia), CSA (Canada), CYSEC (Cyprus), ESMA (Europe), AMF (France), BaFin (Germany), FSA (Japan), CNMV (Spain), FINRA (USA), etc. then it is good for the investor/trader. There is a ray of hope that your money can not be scammed so easily, as they have strict rules and regulations. There are chances the scammed money can be upturned, if not entirely then at least partially. Scam brokers get themselves regulated by a low-profile regulator and from a country that is notorious for regulating without many perquisites. It is nearly equivalent to being non-regulated. This is a vital red flag investors/traders should look for while investing with the broker.

Many broker websites work in conjunction with others who offer “automated trading software”. These websites are famous for scamming. This is also another warning sign you should vouch for before investing.

So Elcomercio24 is just another unregulated broker where the client’s money is not safe. There are chances that the broker company will flee off with your hard-earned money as there is no regulating/licensing authority to hold them accountable.

How do scam brokers scam investors/traders?

The scam brokers usually cold-call people at random. Or they send a wicked link through emails. Or they will nearly carbon copy (clone) a well-known and famous website with very minor unnoticeable changes and pretend that they are genuine. Or they will attach a link (get-rich-quickly) with some advertisement, and when the investor clicks on the link he is directed to the scammer’s website. The scammers “buy” data of persons they target from the grey market.

Scammer’s main purpose is to convince people to open an account with them with some initial deposit. Once you deposit the money, they offer another scheme whereby you can double your money in the shortest possible time or earn 100 USD per day. The manager you may be talking to till now will have resigned from the office and your account will be handled by the retention manager. The new manager will convince you to deposit more funds so that you earn more profits. Things go on and on till you exhaust depositing money.

The risk warning while trading may not be mentioned on their webpage or it would be hidden somewhere in the corner. The Elcomercio24 has used some of the above-mentioned techniques to defraud traders and thus suspected to be a scam broker.

Investors/traders face problems withdrawing funds.

If your sixth sense says that you are being scammed, urgently submit a withdrawal request. Your funds are unsafe with a non-regulated broker or dishonest brokers like Elcomercio24 . Read other broker Reviews at Scammers List 2022.

Whether you gain from your trades or not, no sooner you request a withdrawal, the process will take months. The process is deliberately delayed from the brokers’ side. Your money is gone forever. Your withdrawal request will go unheeded umpteen times, and finally, you will not get any money from them.

In case you signed managed account agreement when opening an account, you authorize the scammer to do anything he wants to, with your account. They will squeeze you for deposits till your last penny and then they will show you that your trading activities are going into loss.

The bonus and withdrawal conditions, rules, and regulations are not legitimate and they are made to defraud traders/investors. One or more of the issues have been reported with Elcomercio24 and therefore traders are advised not to trade with them.

Can you get your money back?

When you request your money back from them, there is a possibility they will not return you anything back. There are several other methods/options to get your money back.

Keep all your messages (tax invoice, bills, SMS, email, etc.) as evidence that you have been demanding from the broker for a long time your money back/withdrawals.

Scammers delay the process endlessly to avoid the chargeback filed by you as their plan is not to repay your funds.

File a chargeback immediately. If you do not know the way we can help and support you in preparing a valid case. Contact Lucenteq by filling out the form here and submit. But remember, the broker should be unaware of it as he will be alert and watchful, and will take preventive steps.

What if you deposited money through bank wire?

If you deposit through bank wire, your challenging techniques will change. Let the provider know your story. In case the banks are not willing to cooperate, let them know that you will go to higher authorities and file a complaint. That will make them think about the chances of a refund.

Prepare an email and forward it to the licensor authorities of your jurisdiction. If you do not know how to draft the email/letter or whom to send contact us and we will be happy to help you.

Help others not to fall victim to Elcomercio24.

Yet another way to hurt scammers is to post reviews and comments on different-different sites. People will get aware before investing with Elcomercio24. You can also post comments/reviews on our site.

When these scammers change the company’s name or website, they usually call their old clients they have scammed. If you get phone numbers or email IDs write them down in your comment/review and let the whole world know about them.

The broker remains functional for a certain time and suddenly disappears.  You cannot contact the broker or the website goes down. The broker restarts his operation under a different name and the changed website URL without any notice to prevailing traders.

Elcomercio24 review conclusion.

Writing a review of Elcomercio24 was a challenge. And we hope that many people/investors/traders will be able to save money after reading this review. We hope the review of Elcomercio24 was helpful to you.

Remember, always trade with a regulated and trustworthy broker. Read reviews published on our site. In case you want any advice on the withdrawal process or have any questions/queries do contact us.

Turbomillion Website – turbomillion.com

Warnings Against Turbomillion – Finansinspektionen (Sweden)

Turbomillion Address – Suite 1, Second Floor, Sound&Vision House, Francis Rachel Str., Victoria, Mahe, Seychelles

 Why we do not recommend Turbomillion?

We reviewed Turbomillion and their website. We do not recommend any trader/public to do any commerce with them. The reason, we hereby publish the Turbomillion review.

Introduction of Turbomillion.

After studying their website and from other sources we came to know that Turbomillion seems not regulated by any known regulating authority. If the broker is regulated by any well-known financial regulators like FCA (UK), SEC (USA), CONSOB (Italy), ASIC (Australia), CSA (Canada), CYSEC (Cyprus), ESMA (Europe), AMF (France), BaFin (Germany), FSA (Japan), CNMV (Spain), FINRA (USA), etc. then it is good for the investor/trader. There is a ray of hope that your money can not be scammed so easily, as they have strict rules and regulations. There are chances the scammed money can be upturned, if not entirely then at least partially. Scam brokers get themselves regulated by a low-profile regulator and from a country that is notorious for regulating without many perquisites. It is nearly equivalent to being non-regulated. This is a vital red flag investors/traders should look for while investing with the broker.

Many broker websites work in conjunction with others who offer “automated trading software”. These websites are famous for scamming. This is also another warning sign you should vouch for before investing.

So Turbomillion is just another unregulated broker where the client’s money is not safe. There are chances that the broker company will flee off with your hard-earned money as there is no regulating/licensing authority to hold them accountable.

How do scam brokers scam investors/traders?

The scam brokers usually cold-call people at random. Or they send a wicked link through emails. Or they will nearly carbon copy (clone) a well-known and famous website with very minor unnoticeable changes and pretend that they are genuine. Or they will attach a link (get-rich-quickly) with some advertisement, and when the investor clicks on the link he is directed to the scammer’s website. The scammers “buy” data of persons they target from the grey market.

Scammer’s main purpose is to convince people to open an account with them with some initial deposit. Once you deposit the money, they offer another scheme whereby you can double your money in the shortest possible time or earn 100 USD per day. The manager you may be talking to till now will have resigned from the office and your account will be handled by the retention manager. The new manager will convince you to deposit more funds so that you earn more profits. Things go on and on till you exhaust depositing money.

The risk warning while trading may not be mentioned on their webpage or it would be hidden somewhere in the corner. The Turbomillion has used some of the above-mentioned techniques to defraud traders and thus suspected to be a scam broker.

Investors/traders face problems withdrawing funds.

If your sixth sense says that you are being scammed, urgently submit a withdrawal request. Your funds are unsafe with a non-regulated broker or dishonest brokers like Turbomillion. Read other broker Reviews at Scammers List 2022.

Whether you gain from your trades or not, no sooner you request a withdrawal, the process will take months. The process is deliberately delayed from the brokers’ side. Your money is gone forever. Your withdrawal request will go unheeded umpteen times, and finally, you will not get any money from them.

In case you signed managed account agreement when opening an account, you authorize the scammer to do anything he wants to, with your account. They will squeeze you for deposits till your last penny and then they will show you that your trading activities are going into loss.

The bonus and withdrawal conditions, rules, and regulations are not legitimate and they are made to defraud traders/investors. One or more of the issues have been reported with Turbomillion and therefore traders are advised not to trade with them.

Can you get your money back?

When you request your money back from them, there is a possibility they will not return you anything back. There are several other methods/options to get your money back.

Keep all your messages (tax invoice, bills, SMS, email, etc.) as evidence that you have been demanding from the broker for a long time your money back/withdrawals.

Scammers delay the process endlessly to avoid the chargeback filed by you as their plan is not to repay your funds.

File a chargeback immediately. If you do not know the way we can help and support you in preparing a valid case. Contact Lucenteq by filling out the form here and submit. But remember, the broker should be unaware of it as he will be alert and watchful, and will take preventive steps.

What if you deposited money through bank wire?

If you deposit through bank wire, your challenging techniques will change. Let the provider know your story. In case the banks are not willing to cooperate, let them know that you will go to higher authorities and file a complaint. That will make them think about the chances of a refund.

Prepare an email and forward it to the licensor authorities of your jurisdiction. If you do not know how to draft the email/letter or whom to send contact us and we will be happy to help you.

Help others not to fall victim to Turbomillion.

Yet another way to hurt scammers is to post reviews and comments on different-different sites. People will get aware before investing with Turbomillion. You can also post comments/reviews on our site.

When these scammers change the company’s name or website, they usually call their old clients they have scammed. If you get phone numbers or email IDs write them down in your comment/review and let the whole world know about them.

The broker remains functional for a certain time and suddenly disappears.  You cannot contact the broker or the website goes down. The broker restarts his operation under a different name and the changed website URL without any notice to prevailing traders.

Turbomillion review conclusion.

Writing a review of Turbomillion was a challenge. And we hope that many people/investors/traders will be able to save money after reading this review. We hope the review of Turbomillion was helpful to you.

Remember, always trade with a regulated and trustworthy broker. Read reviews published on our site. In case you want any advice on the withdrawal process or have any questions/queries do contact us.

Daxiron Website – daxiron.com, daxiron.net

Warnings Against Daxiron – Finansinspektionen (Sweden), Financial Conduct Authority (United Kingdom)

Daxiron Address – 8 Copthall, Roseau Valley, 00152, Commonwealth of Dominica

 Why we do not recommend Daxiron?

We reviewed Daxiron and their website. We do not recommend any trader/public to do any commerce with them. The reason, we hereby publish the Daxiron review.

Introduction of Daxiron.

After studying their website and from other sources we came to know that Daxiron seems not regulated by any known regulating authority. If the broker is regulated by any well-known financial regulators like FCA (UK), SEC (USA), CONSOB (Italy), ASIC (Australia), CSA (Canada), CYSEC (Cyprus), ESMA (Europe), AMF (France), BaFin (Germany), FSA (Japan), CNMV (Spain), FINRA (USA), etc. then it is good for the investor/trader. There is a ray of hope that your money can not be scammed so easily, as they have strict rules and regulations. There are chances the scammed money can be upturned, if not entirely then at least partially. Scam brokers get themselves regulated by a low-profile regulator and from a country that is notorious for regulating without many perquisites. It is nearly equivalent to being non-regulated. This is a vital red flag investors/traders should look for while investing with the broker.

Many broker websites work in conjunction with others who offer “automated trading software”. These websites are famous for scamming. This is also another warning sign you should vouch for before investing.

So Daxiron is just another unregulated broker where the client’s money is not safe. There are chances that the broker company will flee off with your hard-earned money as there is no regulating/licensing authority to hold them accountable.

How do scam brokers scam investors/traders?

The scam brokers usually cold-call people at random. Or they send a wicked link through emails. Or they will nearly carbon copy (clone) a well-known and famous website with very minor unnoticeable changes and pretend that they are genuine. Or they will attach a link (get-rich-quickly) with some advertisement, and when the investor clicks on the link he is directed to the scammer’s website. The scammers “buy” data of persons they target from the grey market.

Scammer’s main purpose is to convince people to open an account with them with some initial deposit. Once you deposit the money, they offer another scheme whereby you can double your money in the shortest possible time or earn 100 USD per day. The manager you may be talking to till now will have resigned from the office and your account will be handled by the retention manager. The new manager will convince you to deposit more funds so that you earn more profits. Things go on and on till you exhaust depositing money.

The risk warning while trading may not be mentioned on their webpage or it would be hidden somewhere in the corner. The Daxiron has used some of the above-mentioned techniques to defraud traders and thus suspected to be a scam broker.

Investors/traders face problems withdrawing funds.

If your sixth sense says that you are being scammed, urgently submit a withdrawal request. Your funds are unsafe with a non-regulated broker or dishonest brokers like Daxiron. Read other broker Reviews at Scammers List 2022.

Whether you gain from your trades or not, no sooner you request a withdrawal, the process will take months. The process is deliberately delayed from the brokers’ side. Your money is gone forever. Your withdrawal request will go unheeded umpteen times, and finally, you will not get any money from them.

In case you signed managed account agreement when opening an account, you authorize the scammer to do anything he wants to, with your account. They will squeeze you for deposits till your last penny and then they will show you that your trading activities are going into loss.

The bonus and withdrawal conditions, rules, and regulations are not legitimate and they are made to defraud traders/investors. One or more of the issues have been reported with Daxiron and therefore traders are advised not to trade with them.

Can you get your money back?

When you request your money back from them, there is a possibility they will not return you anything back. There are several other methods/options to get your money back.

Keep all your messages (tax invoice, bills, SMS, email, etc.) as evidence that you have been demanding from the broker for a long time your money back/withdrawals.

Scammers delay the process endlessly to avoid the chargeback filed by you as their plan is not to repay your funds.

File a chargeback immediately. If you do not know the way we can help and support you in preparing a valid case. Contact Lucenteq by filling out the form here and submit. But remember, the broker should be unaware of it as he will be alert and watchful, and will take preventive steps.

What if you deposited money through bank wire?

If you deposit through bank wire, your challenging techniques will change. Let the provider know your story. In case the banks are not willing to cooperate, let them know that you will go to higher authorities and file a complaint. That will make them think about the chances of a refund.

Prepare an email and forward it to the licensor authorities of your jurisdiction. If you do not know how to draft the email/letter or whom to send contact us and we will be happy to help you.

Help others not to fall victim to Daxiron.

Yet another way to hurt scammers is to post reviews and comments on different-different sites. People will get aware before investing with Daxiron. You can also post comments/reviews on our site.

When these scammers change the company’s name or website, they usually call their old clients they have scammed. If you get phone numbers or email IDs write them down in your comment/review and let the whole world know about them.

The broker remains functional for a certain time and suddenly disappears.  You cannot contact the broker or the website goes down. The broker restarts his operation under a different name and the changed website URL without any notice to prevailing traders.

Daxiron review conclusion.

Writing a review of Daxiron was a challenge. And we hope that many people/investors/traders will be able to save money after reading this review. We hope the review of Daxiron was helpful to you.

Remember, always trade with a regulated and trustworthy broker. Read reviews published on our site. In case you want any advice on the withdrawal process or have any questions/queries do contact us.

Fundspromax.com Website – https://www.fundspromax.com/

Warnings Against Fundspromax.com – Financial Services and Markets Authority (Belgium)

Fundspromax.com Address – Bundespl. 6, 6300 Zug, Switzerland & Spain

Introduction

Fundspromax.com, website claims that they are trusted and secure cryptocurrency exchange. They claim they have the most advanced user interface for making a blockchain platform. They are located at Bundespl 6, 6300, Zug, Switzerland. In the UK they can be contacted by phone at +44 2045 770 768 and in Switzerland at +41 2153 03 142. You can also email them at: support@fundspromax.com and info@fundspromax.com. Or you can drop a message by filling up the form.

Though the company claims to be in Switzerland, the laws governing the company are Spanish laws. The top of the icing is they are regulated by CySEC. On checking the Cyprus register, their name did not come up.

On reading their client agreement, we came to know that they are into forex and CFD trading. Read the complete Fundspromax.com review to know more about the scam broker.

Languages supported

They give services in English, German, French, Russian, Italian, Spanish, Polish, Chinese, and Arabic.

High initial deposit

The company asks for an initial deposit of $1000 which is very high. Most crypto exchanges ask for an initial deposit maximum of $250. Coinbase asks for $2 and Binance asks for a $10 initial deposit.

Services they provide

They claim to have qualified traders. The identity of the trader/investor is kept protected and remains unidentified on records. Traders/investors are safeguarded by a high-level encrypted system that stores the portfolio and profile of investments offline.

Their site claims they offer simple, reliable, and trusted trading solutions through charts, charting tools, trade history, and order books.

Their site claims they provide the best security services and that are well-researched and robust security measures.

For traders, there are advanced tutorials for personal bookkeeping that assists in trading choices and formulating strategies.

Deposits and withdrawal

You can deposit through Mastercard, Visa, Paypal, Maestro card, or bank transfer. Fundspromax offers bonuses. Throughout Europe and Australia, bonuses are banned. Bonus is such a dangling carrot that you cannot withdraw your money. Terms and conditions for bonuses are such that it is not practical for you to withdraw. Even the profit that you have made during trading cannot be withdrawn.

How does the scam work?

On the internet, you will see a promising ad, which gives you insane profits, and all you have to do is pay/deposit a very small minimum amount of money. Next, you are requested to give your email address and phone number. Then you will receive many calls to deposit money. Moreover, the depositing amount will get bigger and bigger as you move further. You will be glad that the amount you are depositing/investing is giving you a good profit. These are manipulation and tricks that are used by scammers. But when you withdraw the money you will face countless reasons why you cannot withdraw money. You will come to know numerous terms and conditions that you did not notice when you signed up. There will be many additional taxes you will have to pay, for withdrawing your money (bonus). At some point or the other, you will feel that something is wrong. At this time your broker will stop communicating with you. If you are still persistent, your account will be blocked.

What to do if you are been scammed?

Lucenteq helps recover your funds. We at Lucenteq provide consulting and investigating services. Lucenteq is hired mainly by scam victims who have been scammed online to get their money back. We are proficient in with dealing online scams. We provide money back to victims through tracking down digital fingerprints, disputes, cyber analysis, and in-depth investigation work. We undercover fake investment companies and brokers.

We are into financial consultation and analysis. We offer investment and binary option advice. We guide and help you to manage your investments in the best way and get a good ROI.

We have nearly 9+ years of experience in online scams. We are a team of 117+ members with a record of accomplishment for nearly 2000+ satisfied and happy clients.

We are fully crystal clear in our work and throughout the entire process.

We update the forex scammers list regularly. Do read to gain better knowledge and avoid scam companies.

For any queries, you can contact us, call us, or email us at 192 N Cities Service Hwy APT 6, Sulphur, LA 70663, +1 601 952 8830, or support@Lucenteq.net respectively. You can also file a quick complaint and send us.

InvestXE Website: InvestXE.com

Address: Saint Vincent and the Grenadines

Warned By: Not Recommended by Lucenteq

Introduction

XE is a famous converter app in the world and InvestEX smartly took over the name and misused it. InvestEX has founded in April 2020 and the broker’s owner is InvestEX LLC. They falsely claim that they are regulated by FSA (Saint Vincent and the Grenadines financial authority). But, the FSA of SVG does not regulate nor grant a license to forex brokers. SVG or the other Caribbean island is notoriously well-known for its lack of strict financial regulation. InvestEX is not in control of any known regulatory authority and is not bounded by law of the land of any other country. Since they are not in control of any regulatory authority they may vanish tomorrow and wreak heavy financial loss. Their phone numbers are +85230186918 (Hong Kong) and +447503003229 (United Kingdom). Their email address is cs@investxe.com. Their website URL is https://investxe.com. In today’s InvestXE review, we will investigate and uncover the red flags they possess.

A disclaimer footnote on their website claims that they do not provide services to the USA and residents of SVG. It seems to be a suspicious thing, that they are not providing broker services to people in the country where they are registered !!! 

When you do an online search on the internet you will be redirected to InvestEX. The operating staff of InvestEX pretends they are working for EX which is a registered firm. InvestEX offers CFD trading on many assets like crypto, forex, shares, commodities, and market indices. Most of the public is re-directed to this site from get-rich-quick trading applications advertised on many cryptocurrency ads. 

Platforms provided by InvestEX

Platforms provided by InvestEX are, WebTrader, AndroidTrader, MarketPRO 1.0, iOSTrader, and TabletTrader. They do not provide popularly known trading platforms like MetaTrader4/MetaTrader5 which is a stable platform used by many legal and illegal brokers and is easy to use.

Though, InvestEX calls itself a crypto broker it also offers precious metals, energy commodities, and soft commodities and serves nearly 170 countries in the world with more than 100,000 clients.

On their website nowhere, they have mentioned their physical address. On the T&C page, they have mentioned they are a Bitcoin trading platform. You can open an account through cryptocurrency only. Crypto payment cannot be reversed hence it is the choice of scammers worldwide. Scammers do not prefer card payments. If the payment was through a card, you can file a chargeback within 540 days if you have any problem. Their initial deposit is also too high, compared to market standards.

Accounts on offer by InvestEX

The types of accounts available are Primary accounts consisting of Standard, Progression, and Advanced. It requires the lowest minimum deposit and is for inexperienced traders. Professional accounts are Gold, and Platinum which starts from 75,000 USD in bitcoin equivalent. There is an AutoEX account that is meant to be used by the trading robot. There is no demo account. If you are keen in trading with this broker, you will have to open a real account. The inactivity fee is costly and is nearly $50 per month. In case you are not active for a long duration, you will lose your balance quickly.

Automatic trading

You may also opt for automatic trading on this app. There is nothing like automatic trading. The brokers will push you only to deposit money. The trading software offers only web-based trading and is developed by the broker himself. Prices are manipulated by the broker. The leverage is 1:300 which is also not approved by any known regulators. For crypto pair, the leverage approved is 1:2

We are there to help you

If you have been scammed by InvestEX, we help you recover your funds. We use prominent methods to fund recovery for these types of scams. With all the scams, frauds, and deceptions present/flowing on the internet, you must be alert and smart before investing your hard-earned money. We are formed to protect people all over the globe against online scams. Especially binary options, crypto, and forex ones.

Do contact us for chargeback by filling up the form and for a free consultation at https://lucenteq.net/. You can contact us at 192 N Cities Service Hwy APT 6, Sulphur, LA 70663, or call us at +1 601 952 8830, or email us at support@Lucenteq.net.  Be it cryptocurrency scam, forex scam, or any other type of scam.

Malexenterprise Website: https://malexenterprise.com/

Address: Location: Keilaranta 8, 02150 Espoo, Finland

Warned By: Not Recommended by Lucenteq

Malexenterprise Review: Introduction

Malex Enterprises are into cryptocurrency trading and forex trading. Their trading team is made up of analytical experts and highly qualified analysts. These experts use the latest software and are experienced and can predict the cryptocurrency market and movements in forex exchanges. It is another High yield investment (HYIP) program.

The HYIP is a fraudulent investment scheme that promises to deliver high returns with little or no risk and is mostly a scam. HYIP is mostly in cryptocurrencies. HYIPs are mostly unregistered ones and are run by unlicensed companies or firms. The present/current status is new. The domain was created on 28 June 2021. In today’s Malexenterprise review, we will investigate and uncover the red flags they possess.

The website claims that they are in the financial market for a long time. Malex Enterprises have occupied and achieved a stable position and have won the confidence of many investors/traders around the world. They aim to deliver professional service and complete in every sense.

They claim to be registered in Denmark. However, they are giving the address of Finland, Keilaranta 8, 02150 Espoo, Finland. Their email address is admin@malexenterprise.com. They are displaying ISO 9001:200 certification of registration issued by Moody International for a closing device for water drains and wells on road surfaces and pedestrian zones. The certificate on display was issued on 20 Dec. 2016, was way before they were formed.

Its website authoritative rank is 42.1that means this site is controversial, questionable, and flagged. Alexa rank is zero, which means no traffic.

Malexenterprise Review: Plans

They have two plans to choose from, the Investment plan and the mining plan.

Investment plans are of three types

1. Starter (basic solution) – 10% daily for 3 days, the minimum amount is $100 and the maximum amount is $999.
2. Professional (advance solution) – 10% daily for 5 days, the minimum amount is $1,000 and the maximum amount is $4,999.
3. Enterprise (business solution) – 10% daily for 10 days, the minimum amount is $5,000 and the maximum amount is unlimited.

For all the above plans referral bonus is 10%

Mining plans are of two types

1. Basic plan – 2.5% daily profit for a week, the minimum amount is $10,000 and the maximum amount is $49,999.
2. Standard plan – 5% daily profit for 2 weeks, the minimum amount is $50,000 and the maximum amount is unlimited.

For both, the above plan’s referral bonus is 15%.

For any deposits or withdrawals, only crypto currency is used. One has options like Litecoin, Bitcoin, Bitcoin Cash, and Ethereum.

 Cryptocurrencies you can deal with

One can deal in any crypto currencies like Ethereum, Bitcoin, Tether, USD Coin, Binance Coin, Cardano, Ripple, Solana, Dogecoin, HitChain, HEX, Polkadot, Wrapped Bitcoin, Tron, Avalanche, Dai, Litecoin, Polygon, Uniswap, Steller, Monero, Bitcoin Cash, Alrogrand, Cosmos, Tezos, Filecoin, and many more.

Testimonials are not updated, nor are investor reviews displayed on the site. On their site, one can calculate the profit returns on ROI.

To make any investment with Malex Enterprise, one has to become a member first. One receives the user name and a password once you sign up.

Malexenterprise Review: Why not deal with Malex Enterprises?

• They are not transparent. Information about owners, directors, or key management personnel is not given anywhere on the site.
• The address mentioned on site is Finland but they claim they are registered with Denmark.
• There is no information on registration mentioned on their site.
• No contact number is also mentioned on site.
• Accepts deposits only through cryptocurrency where transactions are irreversible.
• The website is developed in a disorganized, unsystematic, and careless way with many grammar and spelling mistakes.
• They talk about only crypto trading returns and nothing of forex markets.
• Unrealistic returns/gains/profit.
• Alexa score is zero. WHOIS data is hidden. It has a low domain validation certificate.
• There is no chargeback facility as there is no central authority and the flow of funds is not controlled.

Malexenterprise Review Conclusion: We are there to help you

We try to identify the company/individual who is using the wallet. It is a tricky and long process and we have a team for it. We are there to recover your funds. Do fill up the free consultation form.

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SoltechX Website: soltechx.com

Address: First Floor, Saint Vincent Bank Ltd Building, James Street, Kingstown, Saint Vincent and the Grenadines

Warned By: Not Recommended by Lucenteq

Introduction

The site SoltechX is operated by Max LLC. Max LLC is owned by BudsFX. Max LLC is a brand which is blacklisted by FINMA (Swiss) and FCA (UK) and later on vanished. SoltechX an extension of BudsFX is following the same scheme pattern. The address of Max LLC is 1st floor, James Street, St Vincent Bank Ltd Building, Kingstown, Saint Vincent, and the Grenadines (SVG). There are countless firms registered at this address. This island (SVG) is a favorite destination for all scammers because there is no forex regulation. In today’s SoltechX review, we will investigate and uncover the red flags they possess.

This broker may have a license from SVG to avoid problems that may crop up in the future and create an illusion of a safe trading environment. This license from SVG is like having NO license at all. Most of the scam sites originate from SVG and Marshall Islands. Though SVG has a financial regulator FSA has declared that it cannot regulate forex and binary options trading. Thereby you are dealing with a scam offshore company.

About SoltechX

The company claims itself as a respected and dedicated CDF provider. With them, the trader gains access to various financial markets. It is always better to choose brokerage firms that are licensed by known regulators like FCA, ASIC, BaFin, FINMA, etc. Those licensed have to abide by many laws and follow strict protocols.

Trading instruments and markets

One can trade in commodities, cryptocurrencies, forex, stocks, and indices.

In cryptocurrencies, one can learn about portfolio creation, trading tactics, holding, and investment security. One can trade Litecoin, Bitcoin Cash, Ripple, Ethereum, and Bitcoin.

In stocks, one can learn about stocks portfolio, trading essentials, market research, trading plan development, and trading diversity. Through this platform, one can trade in Amazon, Paypal, Microsoft, Visa, Netflix, Aurora, etc.

In indices, one can trade in major indices. One can learn big picture analysis, risk assessment, investment planning, and in-depth research. One can trade NSDQ, NIKKEI, DAX, DOW, SP500 etc.

In forex trading, one can learn market analysis, advanced trading strategies, terms, orders, and all major and minor currencies pair. One can trade in EURGBP, EURUSD, USDCAD, USDCHF, USDJPY, etc.

In commodities, one can learn futures contracts, soft/hard commodity segregation, and long-term trading. One can trade in Aluminium, Crude, Silver, Gold, Cotton, Cocoa, etc.

Accounts types

One can choose from various account types. These accounts are suitable for newbie, intermediate, and expert traders. Account types available are Bronze, Gold, Platinum, and Diamond. Accounts differ in the level of assistance and trading assets.

Trading software

The company uses Sirix, a white-label platform. Notorious company Leverate provides it. Leverate is based in Cyprus and is renting out software to other brands and liquidity providers. Leverate does not choose who works on its software.

Why not invest with SoltechX?

• Any well-known regulating authority does not regulate it.
• It operates from an offshore country (SVG).
• Leverage is not mentioned on the website. From reliable sources we learned that they provide 1:200 leverage which is very risky and exposes the funds to 4-5 times higher risk. Usually, leverage should be between 1:30 to 1:50.
• Conditions mentioned in terms and conditions are such that it makes withdrawal of funds nearly impossible.

Scammed by SoltechX?

If you are a victim of SoltechX please let us know. Our fund recovery team has experience dealing with these kinds of scam brokers. We are investigative and consulting service providers. We are mostly hired by online scam victims to get their money back. We can provide repayment to the victims through tracking down digital fingerprints, disputes, cyber analysis, and systematic investigation work. We are more focused on scam binary options and unregulated forex brokers. We specialize in scam/fraud recovery relating to credit card payments, wire transfers, cryptocurrency transactions, and online accounts.

You can contact us at 192 N Cities Service Hwy APT 6, Sulphur, LA 70663. Alternatively, you can call us at +1 601 952 8830. You can also communicate with us by email: support@Lucenteq.net. You can also file a quick complaint at our site.