AGM Markets Website – https://agmmarkets.net/

Warnings Against AGM Markets – Commissione Nazionale per le Società e la Borsa (Italy)

AGM Markets Address – 41 Spyrou Kyprianou Avenue Steratzias Court , 4003 Limassol, Cyprus

 Why we do not recommend AGM Markets?

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

Introduction of AGM Markets.

After studying their website and from other sources we came to know that AGM Markets 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 AGM Markets 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 AGM Markets 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 AGM Markets. 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 AGM Markets 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 AGM Markets.

Yet another way to hurt scammers is to post reviews and comments on different-different sites. People will get aware before investing with AGM Markets. 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.

AGM Markets review conclusion.

Writing a review of AGM Markets 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 AGM Markets 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.

CRYPTO BOT OPTIONS Website – https://www.cryptobotoptions.com/

Warnings Against CRYPTO BOT OPTIONS – Financial Conduct Authority (United Kingdom)

CRYPTO BOT OPTIONS Address – Satrio Tower 16th Floor, Jl. Prof Dr Satrio, Kuningan, Jakarta

Why we do not recommend CRYPTO BOT OPTIONS?

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

Introduction of CRYPTO BOT OPTIONS.

After studying their website and from other sources we came to know that CRYPTO BOT OPTIONS 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 CRYPTO BOT OPTIONS 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 CRYPTO BOT OPTIONS 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 CRYPTO BOT OPTIONS. 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 CRYPTO BOT OPTIONS 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 CRYPTO BOT OPTIONS.

Yet another way to hurt scammers is to post reviews and comments on different-different sites. People will get aware before investing with CRYPTO BOT OPTIONS. 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.

CRYPTO BOT OPTIONS review conclusion.

Writing a review of CRYPTO BOT OPTIONS 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 CRYPTO BOT OPTIONS 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.

Markets Octa Website – https://marketsocta.com/

Warnings Against Markets Octa – The Cyprus Securities and Exchange Commission (Cyprus)

Markets Octa Address – P.O. Box 1825, Cedar Hill Crest, Villa, St. Vincent and the Grenadines

 Why we do not recommend Markets Octa?

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

Introduction of Markets Octa.

After studying their website and from other sources we came to know that Markets Octa 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 Markets Octa 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 Markets Octa 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 Markets Octa . 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 Markets Octa 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 Markets Octa.

Yet another way to hurt scammers is to post reviews and comments on different-different sites. People will get aware before investing with Markets Octa. 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.

Markets Octa review conclusion.

Writing a review of Markets Octa 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 Markets Octa 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.

Cryptoinvestment Ltd Website – www.cryptoinvestment.ltd

Warnings Against Cryptoinvestment Ltd – Financial Conduct Authority (United Kingdom)

Cryptoinvestment Ltd Address – International House, 12 Constance Street, E16 2DQ

 Why we do not recommend Cryptoinvestment Ltd?

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

Introduction of Cryptoinvestment Ltd.

After studying their website and from other sources we came to know that Cryptoinvestment 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 Cryptoinvestment Ltd 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. Cryptoinvestment Ltd 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 Cryptoinvestment 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 Cryptoinvestment Ltd 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 Cryptoinvestment Ltd.

Yet another way to hurt scammers is to post reviews and comments on different-different sites. People will get aware before investing with Cryptoinvestment Ltd. 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.

Cryptoinvestment Ltd review conclusion.

Writing a review of Cryptoinvestment Ltd 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 Cryptoinvestment 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.

Meta Utopia Website – meta-utopia.io

Warnings Against Meta Utopia – Not Recommended By Review Website Like Lucenteq

Meta Utopia Address – NA

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

Introduction

Website domain https://meta-utopia.io/ of Meta Utopia was privately registered on 10th March 2022. The website does not provide any information about who owns or handles the company.

Most of the marketing is done in two languages namely Italian and Spanish. A maximum affiliate to Meta Utopia comes from Spain (48%) and Italy (36%). However, month-on-month affiliates are gradually declining.

A deleted Aruba and Latin American Facebook page claim Sam Lee as CEO behind Meta Utopia – My World. Sam Lee was co-founder of HyperTech and is on run from liquidators in Australia. HyperTech is an offshoot of thrice collapsed Hyper Ponzi schemes (Hyperverse, HyperFund, and HyperCapital). It is reported that Sam Lee is hiding from authorities in Dubai. If Sam Lee is behind Meta Utopia it means that the company is run from Dubai. Yet another possibility is that the company is run by Nicholas Coppola from Singapore. As his Instagram feed shows him enjoying himself with Sam Lee and his friends at Marina Bay, Singapore. This Instagram account has been deleted over the past few weeks.

Italian recruitment was on an exponential rise because of Nicholas Coppola’s involvement. Nicholas Coppola’s Facebook page is still active and it shows that he is based in Verona, Italy. When Italians cashed out the gullible Spanish investors lapped it up.

Meta Utopia products

Meta Utopia is a fraud MLM company. It claims it deals in crypto, but it has no retailable services or products. Their affiliates can only market affiliate membership itself.

Meta Utopia Plan

Affiliates invest Tether for LAND tokens. The investor is supposed to get 158.59% returns annually which will be paid in LAND tokens. Referral commission is paid as a percentage of invested Tether via a uni-level structure. Whenever a new affiliate joins, the older one shifts one level higher. Meta Utopia stops paying affiliate referral compensation once the affiliate reaches the tenth level. The compensation plan is at level 1 – 10%, 2nd level 8%, 3rd level 5%, fourth level 3% 5th to 7th level 2%, and 8th to 10th level 1%.

Joining affiliate membership

Joining Meta Utopia affiliate membership is FREE. But your membership is completed only if you pay 100 Tether or more which are accepted in LAND tokens. A 5% transaction fee is charged by Meta Utopia.

Conclusion

The Meta Utopia is simply an MLM company and is a crypto Ponzi scheme under the pretext of betting. They are highlighting an ROI of 158.59%. Instead of admitting it is a Ponzi scheme, they have copied “metaverse” marketing. The Ponzi scheme is just disguised as Metaverse.

The transaction of finance, in and out of Meta Utopia is only in form of LAND tokens. LAND is paid to affiliates as returns and commissions. LAND is just back-office monopoly money that does not exist. When the scheme will collapse the investors will be holding plenty of LAND tokens which will be worthless and useless. The majority of the investors,  today or tomorrow, will lose money. It does not matter who is running the scheme and from where. Whenever any MLM company is not transparent and clear about who the owner is, what are the products or services, or who is running the company thinks hard before investing in it.

We are there to help you

Why you should hire our services for a chargeback? These scammers are scattered in different regions and countries. This creates jurisdiction issues for the police. If there are many scam reports they pass the case to Interpol or international investigating agencies. We are in touch with lawyers/defense of many jurisdictions and that helps work on the root of the problem.

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

We constantly update the latest scammer’s list. Do read to gain knowledge and avoid joining scam companies.

CoinTrade Website – https://cointrade.cc/

Warnings Against CoinTrade – Commissione Nazionale per le Società e la Borsa (Italy), National Securities Market Commission (Spain)

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

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

Introduction

Brand CoinTrade.cc is owned by Twingle Consulting Ltd. Formed in 2021, it has its headquarters in the Commonwealth of Dominica. Being based in the Commonwealth of Dominica it should have a license from FSU. These low-profile regulators do not oblige any company to have sufficient capital before starting their business. They also do not compensate funds. These companies do not follow MiFID or ESMA rules and regulations. They do not keep clients’ funds in a different segregated bank account.

From other sources, we got the address of CoinTrade. It is Chamber no 8, Roseau Valley, Copthall, Commonwealth of Dominica 00152. At this location, many companies operate. Seems all are frauds. StoxDC is one such company having the same official address.

FSU does not have any records of broker CoinTrade. CoinTrade on its site states that the company CoinTrade is governed by the laws of Estonia. Very absurd.

SVG, Marshall Islands, Dominica, etc., and a few other countries in that region are notorious for hosting illegal and dishonest brokers. These countries do not ensure that the company operating from their land is regulated or not. Many do not give licenses for forex trading from their country but still, fraud companies involved in forex trading are operating from their land.

When many clients complained to CONSOB, the Italian regulatory authority, about CoinTrade frauds, they blacklisted CoinTrade.cc on 20th Dec. 2021. Clients should immediately report to the concerned regulations in their jurisdiction. The clients’ should write their reviews on as many sites as possible.

Countries CoinTrade operates in

According to present reports, CoinTrade operates in Italy, Spain, Germany, Turkey, and Albania. The scam brokers try to avoid high-profile countries like the USA, the UK, Cyprus, etc. as they will be exposed within a short time and the rules are very strict.

For service assistance

For any questions regarding the company’s services, one can contact them by filling up the form and submitting it. For the support center, one can email at: support@cointrade.cc, for trading platform platforms@cointrade.cc, and for the compliance office, one can email at: complaints@cointrade.cc. Nowhere on the website, they have mentioned their landline or/and mobile number. No physical location address is given on the website.

The website claims they are empowering traders by providing them with a secure trading environment, transparent trading conditions, the latest technology, and high trading standards.

Account types

CoinTrade offers three trading accounts. Starter (Minimum deposit $250), Premium (Minimum deposit $2,500), and Business (Minimum deposit $25,000).

Bonus

CoinTrade.cc offers a welcoming bonus of 10 to 20% for beginner traders only. CoinTrade offers a 15 to 20% bonus each time you refer a friend. CoinTrade offers a 15 to 30% bonus as Transfer Funds Bonus. That is if you transfer your funds from another company to CoinTrade.

Platform

CoinTrade platform operates on WebTrader software. Most of the brokers nowadays are on MetaTrader 4 or MT5. MetaTrader has many advantages over Web Trader and has more features. MT4/MT5 are reputed software. You cannot install any app on a desktop. Everything is through the web and that is not secure by default.

Markets

CoinTrader website claims there are thousands of trading instruments available. But we found only a few asset classes available. They are currency pairs, indices, commodities, and shares.

False claims by CoinTrader

CoinTrader.cc is in the business since 2021. It claims to have traded and deposited funds crossing $170 trillion. At present, they claim to have executed 40 million orders. They have 139 thousand active users. All these data are false. Are all these achievements possible in an initial single year of operation?

As with many scam companies, there is a funds withdrawal problem. The conditions for withdrawal are linked to bonuses offered. And the terms and conditions are such that they do not allow withdrawal.

Reach out to us for help

You can hire our services for a chargeback? These scammers are from different countries. This creates jurisdiction issues for the police. If there are many scam reports with the police they pass the case to international investigating agencies. We are in touch with lawyers/defenses of many jurisdictions and that makes work easy.

In case you are the victim of a CoinTrade broker scam or any other scam, do contact Lucenteq. We help you pull through your funds lost to scam. For any queries, you can contact us at 192 N Cities Service Hwy APT 6, Sulphur, LA 70663, call us at +1 601 952 8830, or email us at support@Lucenteq.net. You can also file a complaint and send us.

We regularly update the forex and cryptocurrency scammer’s list. Do read to gain enhanced knowledge and avoid joining scam companies/brokers. Prevention is better than cure.

StoxDC.com Website – stoxdc.com

Warnings Against StoxDC.com – National Securities Market Commission (Spain)

StoxDC.com Address – 8 Copthall, Roseau Valley, 00152, Commonwealth of Dominica

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

Introduction

Heimdall Developments Ltd. is located at 8 Copthall, Roseau Valley, 00152, Commonwealth of Dominica, and is the owner of StoxDC.com at present. StoxDC.com is an online trading broker. Their phone number is +44 1274 790 051 and their email is support@stoxdc.info. You can also message them through an online form at their website.

MCA Intelifunds Ltd is a financial services company and StoxDC was its brand. MCA Intelifunds Ltd. is based in Cyprus and they claim it is regulated by CySEC. Previously MCA Intelifunds Ltd. owned StoxDC which was later sold to Heimdall Developments Ltd. This broker was established in 2012

About StoxDC?

This broker is blacklisted, offshore, and unregulated. Spanish regulatory authority CNMV has issued a warning against StoxDC.

They are into CFDs of forex, commodity, index, stock, crypto, and ETF. CFDs and forex are leveraged products and consist of a high level of risk.

Education regarding trading.

They have a training school where they teach varied topics like valuation by discounted cash flow to equity, valuation by price to earnings ratio, valuation by dividend discount model, technical analysis, and fundamental analysis.

The financial charts are important, as they are masters of the current economy. They give us feedback on the past. Analysis data of the chart structure the concept and move forward.

StoxDC believes they are into innovation that is changing something that is already traditional, by introducing something new. StoxDC believes that investing with them will change your present financial situation.

Why not work with StoxDC?

• It is not clear if StoxDC is regulated or not. If it is regulated by regulating authority outside your jurisdiction then you have very limited or no legal recourse if something goes wrong. Your funds are compromised. In the incident of theft or scam, a complaint can be made only if the broker is licensed in your jurisdiction.
• The company is not regulated by FCA, CySEC, ASIC, BaFin, or any other well-known regulator.
• StoxDC will display you profitable trades initially from their fake website only to develop a sense of confidence in you. They will convince you to invest more money in your trading. They will stretch you to your limits. Once you are fully squeezed, you will see that your trades are making a loss. StoxDC will also encourage you to bring your friends and family and invest with them whereby you will get additional incentives.
• Once the brokerage firm extracts the maximum available funds from you, your account will be suspended or put on hold. In short, you will not be able to able to access the fund that you have already put in.
• StoxDC is domiciled in the Commonwealth of Dominica, which is a low-profile regulator. But, it tries to increase its credibility by being regulated in that country. This offshore country is famous for financial fraud.
• Verify the data/information displayed on the site through various sources before signing up and investing.
• The Commonwealth of Dominica does not supervise or give licenses for forex trading. There is no safety of your money and StoxDC is not accountable to anyone.
• There is no negative balance protection and your funds are not guaranteed.
• StoxDC has a simplified web platform; it is not the browser version of MT4.
• The difference between the data/information on the website and authenticity is suggestive that you are not trading with an offshore broker but with scammers.
• StoxDC has two account types, Professional and Standard. There is a lack of specific information on their website, the maximum limit is infinite but nothing about the minimum limit.
• For account types, spreads are 1.1 and 1.2 very high pips. Usually, pips should be around 0.2. Some regulated brokers even provide a spread of 0 (zero) pips. There is no evidence of the leverage offered on the website.

We are there to support you

The reason why you should hire our services is for filing a chargeback. These scammers are spread in different regions/countries. This makes jurisdiction problems for local police. If there are numerous scam reports then they pass the case to international investigating agencies. Lucenteq is in touch with the legal representative of many jurisdictions and that aids speed up things.

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

Swift Trade FX Website – SwiftTradeFX.com

Warnings Against Swift Trade FX – Not Recommended By Review Website Like Lucenteq

Swift Trade FX Address – Ben Davis Rd, Dallas 75040 USA

A general Swift Trade FX review reveals many other scams are centered around the fraudulent website, and most of them have the same footprint.

Some common traits among all these sites are that they promise to make money in forex trading, cryptocurrency trading, binary options trading, etc. Many of them have the same plan that they will reward you with ample daily returns.

These types of websites claim they are run by a legitimate company, that is registered and licensed by the government authority. They request you to deposit some amount initially and wait for bumper returns. But you never get money.

Few companies are licensed and are regulated by a low-profile regulating authority. The low-profile regulators are not too strict, and any company can get registered with minimum requirements. There are many companies/firms few of them are mentioned here. Pari FX Trade, AnyTrades, Forex Birds, TradeKing, Royaltd24, Uniglobe Markets, OlympusMarkets, GoldenSkyCapital, Capital TraderFX, Swiss Investment FX, EssenseFX, SmartFX, TopTradePro, Just ProForex, JustForex, Concept4x, TradeKing, FX Premium, Go Capital FX, GoTechFx, Videforex, Capital88, GoldFxTrading, AMarkets, AAG Markets, Globalfx, RCM FX, CobraCFD, LionFM, Binomo, 4xincome, Monfx, CVC Markets, Traderia, FXPrime, RickGlobal, FTE FX, TradersWay, Arum Trades, Uptos, Europe Forex Invest, Premium Brokers, Titan FX, Finq, PrimeXBT, FX NextGen, Spectre, etc. the list is endless.

There are many companies/firms, which even do not have a license or are regulated but are still operating in the country. Few of them are mentioned here. Royal GTX, Libra Markets, FxFixed MetaFinanceTrade, Smartoptionsfx, FX Option Trade 247, EvisionFX, iFXoptions, WDC Markets, StarkMarkets, 247SmartFX, Sure Forex Trade, MidasGlobe, FirstBTC FX, TBFX, Circleforex, S&P Broker, MGM Markets, Ultrontradefx, Aduno Capital, FX Options24, FXIG Trades, Calibur, InvestTeck, Kronosinvest, Swissquotes, FernFX, Blackstone500, Elite Trading, RoyalsFX, CFreserve, Capital GMA, etc. The list is infinite.

Apart from these, there are many clone companies/firms/brokers. Clone companies look like the original ones of reputed and famous companies with a very small difference that is hardly noticeable till you observe very carefully. All these brokers should be avoided at any cost.

Forex and crypto trading are very risky. Only those who are experienced should dive into these markets. It is not for a newbie trader/investor.

How does the scam work?

At SwiftTradeFX the staff members will try to convince you to start with a small and negligible amount. And that you will make 10% or even 100% per month. New and greedy traders fall for this ploy. You can see your profits grow on their fake site. They will invite you to deposit more and more to earn more profits. The scammers prefer you deposit via cryptocurrency, as the transaction is irreversible, cannot be challenged, and there is anonymity involved.

The game starts when you request a withdrawal. First, they will say you will have to deposit taxes or some kind of fee, upfront to start the withdrawal process. They will intentionally delay your withdrawal process so that you cannot file a chargeback. Then you start losing trades. Ultimately, your trading balance will be zero. At this point, probably you will recognize the broker is a scammer, and it will be too late.

We are there to help you.

Why you should hire our services for a chargeback? These scammers are scattered in different countries. This creates jurisdiction issues for local police. If there are many scam reports they pass the case to Europol, Interpol, or investigating agencies. We are in touch with lawyers/defense of many jurisdictions and that helps speed up work.

In case you are the victim of a Swift Trade FX scam or any other broker, contact us. We help you recover your funds lost to scam. For any queries, you can contact us at 192 N Cities Service Hwy APT 6, Sulphur, LA 70663, call us at +1 601 952 8830, or email us at support@Lucenteq.net. You can also file a quick complaint and send us.

We constantly update the forex and cryptocurrency scammer’s list. Do read to gain enhanced knowledge and avoid joining scam companies/brokers.

CommerceWealth Website – https://commercewealth.com/

Warnings Against CommerceWealth – Financial Conduct Authority (United Kingdom)

CommerceWealth Address – Beachmont Business Centre, Suite 117 Kingstown, ST. VINCENT AND THE GRENADINES

 Why we do not recommend CommerceWealth?

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

Introduction of CommerceWealth.

After studying their website and from other sources we came to know that CommerceWealth 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 CommerceWealth 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. Commerce Wealth 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 CommerceWealth. 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 Commerce Wealth 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 CommerceWealth.

Yet another way to hurt scammers is to post reviews and comments on different-different sites. People will get aware before investing with CommerceWealth. 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.

CommerceWealth review conclusion.

Writing a review of Commerce Wealth 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 CommerceWealth 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.

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.