UMB Services Website – www.Umbfinancialservicesink.com

UMB Services Address – 100 William Street, Suite 1850, New York, UNITED STATES OF AMERICA, NY 10038

Warnings Against UMB Services – Financial Conduct Authority (United Kingdom)

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

Introduction of UMB Services

After studying their website and from other sources we came to know that UMB Services 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 UMB Services 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 UMB Services 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 UMB Services. 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 UMB Services 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 UMB Services

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

UMB Services review conclusion

Writing a review of UMB Services 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 UMB Services 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.

WestpointFX Website – www.westpointfx.com

WestpointFX Address – 42/F Lee Garden One 33 Hysan Avenue Causeway Bay, Hong Kong / Bahnhofstrasse 100, 8001 Zurich, ZH No 30

Warnings Against WestpointFX – Swiss Financial Market Supervisory Authority (Switzerland)

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

Introduction

Owned by Sun Hung Kai Forex Ltd, the brand WestpointFX is located at 42/F Lee Garden One 33 Hysan Avenue Causeway Bay, Hong Kong and Bahnhofstrasse 100, 8001 Zurich, ZH No 30. The company is an internet-based investment firm. Their phone number is +442033752092 and their email is support@westpointfx.com. The website is not reachable at present. It is suspended. Domain was created on 05th July 2021 (nearly a year ago) and an HTTPS connection was not found unsecured URL. The website was available in two languages, German and English.

They claim to be the most reliable broker but are exactly of the opposite kind. In the initial stage they may seem decent slowly they start showing what they actually are.

Opening an account

For opening an account the broker simply needs your phone number. No KYC and no other formalities. Giving them your phone number means they have an open communication channel with you. This is a ploy most scammers use.

The spreads are said to be ‘floating’, a very offensive term. On the website we can see a 0.1 pip minimum cost of trade, it is very good but impossible as a spread. WestpointFX uses so low that it is only used to lure the public/investor. There are no specific spreads mentioned for individual asset classes. Tradable assets are stocks, currency pairs, commodities, cryptocurrencies, and indexes. The leverage at one point is 1:100 but at another place, it is 1:1000. The leverage is as unclear as to the spread.

Regulations

On its website,WestpointFX claims that it is authorised and regulated by Swiss authorities (FINMA). The regulations of Switzerland are very tough and forex brokers can’t thrive there. Hence there are only a few brokers who set up their base in Switzerland and those are the world’s top brokerage houses. FINMA has not regulated WestpointFX, and neither Hong Kong authorities have given any permission. You can check that this broker is not there on the Swiss regulatory authorities list. On the contrary Swiss regulator has issued clear warnings against the broker.

WestpointFX is unregulated and is a risk to all investors and traders. We request you not to invest with this scam broker.

It is very easy to confirm whether the broker is regulated or not. Simply visit the regulator’s site depending on the broker’s jurisdiction. You can check online if the broker’s name is registered or not. All the EU, UK, US, and Aussie regulators are eminent and well-known in their own right. Checking for registration should be the main and first responsibility of the investor/trader. All regulated brokers are tightly scrutinized, have to abide by the rules of the land, and have to follow strict operational guidelines. There is a safety net for traders/investors also provided by the known regulators.

Trading software

WestpointFX uses an MT5 account with different links and under different companies’ names. In other words, trading servers used by WestpointFX do not belong to MT5. WestpointFX does not have its trading terminal.

Deposit and withdrawal

There is no source of payment details other than directly to the website. The site claims that withdrawal takes three working days. As these matters are crucial it bothers us. Payment methods are not explained in detail on the site.

How does the WestpointFX scam work?

The online ads are made by fraudsters. Ads promise a luxury lifestyle and easy money. The more ridiculous it sounds and looks, the bigger the lie. One can stumble on the sites through social media or other sources. These so-called flamboyant ads, when clicked lead to investment websites that may seem good but are an illusion. The main goal of the advertiser is to attract the user. Then they manipulate you into investing. Usually, these things happen on the phone whereby these scammers sweet talk with you. They convince you to invest a small amount initially and the rewards are huge.

Your first or initial investment is a gateway to a scam. Once the initial payment is done the investor is trapped. At this stage, expert scammers move in and they try to extract money from you as much as possible. By the time you realizethat you are in their trap, it is too late to wriggle out. Later you will come to know that you cannot withdraw your money.

What to do if you fall victim to such a scam?

Contact Lucenteq as early as possible. You can meet us in person 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.

Our trained team has the knowledge, expertise, and experience to contestthe unregulated brokers and turn the tide in your favour. If scammed, you are legally eligible for a chargeback from any type of scams like cryptocurrency scams, forex scams, or any other scams.

Saxofx24 Website – www.saxofx-24.com

Saxofx24 Address – NA

Warnings Against Saxofx24 – Financial Conduct Authority (United Kingdom)

We investigate Saxofx24 and its website. We do not recommend any trader/public to do any commerce with them. The reason, we hereby publish the Saxofx24 review.

Introduction of Saxofx24

After studying their website and from other sources we came to know that Saxofx24 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 Saxofx24 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 Saxofx24 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 Saxofx24. 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 Saxofx24 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 Saxofx24

Yet another way to hurt scammers is to post reviews and comments on different-different sites. People will get aware before investing with Saxofx24. 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.

Saxofx24 review conclusion

Writing a review of Saxofx24 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 Saxofx24 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.

Xifra Global Website – https://xifraglobal.com/

Xifra Global Address – N/A

Warnings Against Xifra Global – The National Securities Market Commission (Spain)

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

Introduction of Xifra Global

From different internet sources, we came to know that Jim Harstad is the CEO of the fraud company Xifra Global.

Xifra Global on their website https://xifraglobal.com/ claims that they are a technology company and are the leader in disruption and innovation in new markets. Their Facebook page address is https://www.facebook.com/xifralifestyle, their Instagram account is https://www.instagram.com/xifraglobal.gt/?hl=en, YouTube channel https://www.youtube.com/channel/UCO7vIde05Ee4HF0oxTODZsw, the Twitter account is https://twitter.com/xifralifestyle. The company which has several verticals can be contacted at +523328106395 +523328380710 +523328393877 +523330046893 +19494197666 +523329142696 +19494183442 +523328394305 +523328134548 +523321615716 +523330100168 +523329532570 +19497483550 and +523329533004. They have not displayed their Email ID anywhere.

The company’s mission is to create an opportunity for an individual to grow financially and professionally by providing financial education, tools, and technology to improve the quality of life that investors are living.

Further people from all over the world can use this opportunity to make a higher income.

The company’s vision is to develop cutting-edge financial models with the most efficient technology and the largest one in the industry. This they can build through talent, leadership, and innovation of the people within the organization. Innovation and technology are the primary ingredients of their entire infrastructure.

They aim to develop a technological culture in their organization that helps create an environment for fostering creativity, innovation, and development in each of their creative processes. They believe in constantly updating each of their platform which brings them to the forefront in each area of operations.

They believe in creating a collaborative economy through the mix of their ecosystem that allows them to build their business models worldwide and expand simultaneously.

They are working on three different verticals like trading, real estate dealing, and hemp cultivation/farming.

Trading

The company believes that algorithm trading is the present and future of all financial markets. They have developed their artificial intelligence which makes them the pioneer in the industry.

Real Estate

The company believes that diversification is one of the best and safest capital protection strategies. The company offers the investor an option to receive their rewards from different services the company provides through the purchase of the real estate at a pre-sale price thereby building up a sustainable long-term wealth.

Hemp cultivation/farming

Hemp farming is a new multimillion-dollar industry and it allows investors to purchase land for viable farming/cultivation of medical cannabis. The investor need not worry about planting, caring for, and harvesting medical cannabis. The company plants seeds grow the crop and the investor reaps the benefits.

The company, Xifra Global, claims that for creating wealth the journey of any investor starts with them. They know what the present trends of the market are, and in which direction will they proceed. The company positions itself in the direction of popular trends. The company’s technical team works on new standards of development and marks a new generation of economic models. In this way, they remain a new, advanced, experimental, and innovative company.

Why not work with Xifra Global?

• It deals in finance but has no regulatory approval or approved licenses in any country in the world.
• The Spanish regulatory authority, Comisión Nacional del Mercado de Valores (CNMV) has issued a warning to the public not to deal with Xifra Global as of 22nd June 2022.
• They are even dealing in the farming/cultivation of medical cannabis, in most countries it is an illegal activity. And you unknowingly become a part of illegal activity.
• The owner, CEO, and chief executives staff of the company are not declared anywhere on the website.
• The business model is not clear and leaves many questions unanswered.
• There is not much focus on selling/marketing anything. It is a securities fraud and you make money out of those new members whom you have conned into joining. You will be punished by many countries’ laws, conning people, when you promote their schemes.

We at Lucenteq are there to help you

Why ought you to hire our services for a chargeback? These scammers are dispersed in many different countries. This creates jurisdiction issues for the local police. If there are many scams reports the local police pass the case to international investigating agencies. We are in touch with lawyers from many jurisdictions and that helps speed up work.

You can contact us at 192 N Cities Service Hwy APT 6, Sulphur, LA 70663, call us at +1 601 952 8830, email us at support@Lucenteq.net, or simply file a quick complaint at our website.

Qfx Website – https://www.qfx9.io/

Qfx Address – Australia

Warnings Against Qfx – Not Recommended By Review Website Like Lucenteq

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

Introduction of Qfx

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

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

Qfx review conclusion

Writing a review of Qfx 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 Qfx 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.

R24 Capital Website – https://www.r24capital.com/

R24 Capital Address – Delaware, USA

Warnings Against R24 Capital – Not Recommended By Review Website Like Lucenteq

We investigate R24 Capital and its website. We do not recommend any trader/public to do any commerce with them. The reason, we hereby publish the R24 Capital review.

Introduction of R24 Capital 

After studying their website and from other sources we came to know that R24 Capital 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 R24 Capital 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 R24 Capital 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 R24 Capital . 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 R24 Capital 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 R24 Capital

Yet another way to hurt scammers is to post reviews and comments on different-different sites. People will get aware before investing with R24 Capital. 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.

R24 Capital review conclusion

Writing a review of R24 Capital 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 R24 Capital 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.

Dacland Capital Limited Review

Dacland Capital Limited Website – http://daclandfx.com/en/

Warnings Against Dacland Capital Limited  – Not Recommended By All Scam Reports

Dacland Capital Limited Address – Apartment 1804, 55 Upper Ground, London, SE1 9EY

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

Introduction- Dacland Capital Limited Review

The location of the company is not provided anywhere on the website of Dacland Capital Limited. There is no contact number. Their email ID is support@daclandfx.com. From different sources, we got their address: Apartment 1804, 55 Upper Ground, London, SE1 9EY. Many brokers operate from this address. One of the sites claims Dacland is from China.

The company was formerly known as, Bairrada International. According to sources, they are in this trading field for less than a year. Dacland Capital Limited was supposed to be founded on 14th July 2021. Their website claims, they are firm on the principle of “efficiency, intelligence, and fairness” in the financial market to provide investors with perfect financial support and high-quality services. Every trader can obtain excerpts directly from the market with their advanced software.

The company’s purpose is to provide customers with the most steady and firm trading environment at the most competitive prices. They claim to win the sureness of their clients by their excellent services. They claim to have won many accolades and their customer base is increasing steadily over time.

Dacland Capital’s team consists of people with years of real-world experience who are technically very sound. The team is focused, in terms of management and technology. They claim to provide their clients with forward-thinking management ideas, vigorous technical support, and dedicated consulting services. Office structure, staff, and team members are not mentioned anywhere on the website.

Why ought you to trade with Dacland Capital Limited?

Dacland offers a very competitive margin amongst brokers. With only one account, you can trade different assets. Allocating your investments is simple and flexible. The trading platform the brokerage firm uses is MetaTrade5, which has a powerful server and provides high-speed trading. Traders can directly handle their payments through the website. The client can choose any payment method, like telegraphic transfer or bank debit/credit card. They claim to have a qualified customer service team that gives one-stop services.

Their website claims to provide a transparent and fair trading environment. The company and customer’s funds are kept in different accounts. Every trader’s online activity and personal data are secured by socket-layered credentials.

Available trading platforms

The trader can use a laptop, iPhone, desktop, tablet, iPad, or iPod to trade from anywhere, as the platform is iOS and Android compatible. Many activities like closing positions, viewing account details, limiting orders, stop-loss orders, hedging, charts display (day, 60 minutes, 30 minutes, 15 minutes, 5 minutes, 1 minute, and instant), etc. is available with a click of a button.

Products on offer

Products on offer are CFDs (DJ30, SP500, FTSE100, DAX30, SPI200, HSI, and CHINA50), forex (major and minor currency pair), energy (crude oil), and precious metals (gold and silver).

Why, not trade with the broker, Dacland Capital Limited?

Ø The broker is regulated by a small and notorious island where getting registration is easy as there are no strict rules and regulations.

Ø Broker’s website is freshly registered but claims to achieve very high accomplishments in a short period.

Ø The country of origin of Dacland Capital is unknown.

Ø The company is making untruthful claims to gain the confidence of investors/traders.

Ø The company’s rules and regulations are blurry; your funds are at risk.

Ø There is no plain and simple communication channel between traders and customer care executives.

Ø ROI claimed by the broker is too good to be true.

Ø There is no information available on the website alerting about risk warnings while trading.

Ø Withdrawal is practically impossible because broker comes up with new policies now and then.

Ø For encrypting data no SSL certificate was found.

Ø Web and app search results are very low.

Ø The broker claims its jurisdiction to be the United Kingdom but does not hold an FCA license for financial activity in that jurisdiction.

Ø Nowhere on the site there is any description of higher-level officials/staff names and qualifications.

Ø There are no financial records regarding turnover, total assets, total liabilities, net assets, debt ratio, etc.

Ø At the address the broker mentioned, there are plenty of other companies like Bay Trade Ltd., Advisor Trade Ltd., DP One Global Ltd., Ebig Trade Ltd., Chaosbay Ltd., and Evenness Ltd., (more than 50+ companies stake identical common address), etc.

Ø The company has not filed any tax returns since its inception.

Victimized by Dacland Capital Limited?

Dacland Capital Limited Review shows that it is a potential scam. If you have fallen prey to any bogus/fake company or to Dacland Capital Limited you are not the only one. There is always a key to fighting these types of scams. Do fill up a short form and we will contact you. Lucenteq is an online help community furiously fighting for scam victims.

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

Traders/investors should check the Dacland Capital Limited Reviews and other reviews at Lucenteq’s site before investing. Our expert team is in the field of fund recovery. We also provide a free consultation to those who fill out the form.

Livetraderfx Website – https://livetraderfx.com/

Warnings Against BrokerL – Not Recommended By Review Website Like Lucenteq

Livetraderfx Address – Tallinn Harju County, Estonia

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

Introduction

The broker’s name is Livetrader and the website is livetraderfx.com an online trading firm run by Anmol Singh and Jared Wesley who claim they have decades of experience. The team consists of Jeff, Evan, Elora, and Cliff. Before starting Livetraderfx, Anmol and Jared started a training program that failed. Nowhere on their website have they mentioned who the owner of the company is. The company was established in 2013. They claim to have three offices and 40+ employers and serve more than 150+ countries.

They have provided contact no of the UK, +44 203 994 1582, and one more no 8009474027 which provides 24×5 customer service and email ID: Support@livetraderfx.com. Though they claim, they are in the UK, their website displays they are based in Tallinn, Harju County, Estonia. Many reviews claim the company is from China. The terms and conditions page claims that the laws applicable are laws of the Republic of Seychelles. From different sources, we came to know companies addressed at Suite 1, Second floor, Sound & Vision House, Francis Rachel str. Victoria, Mahe, Seychelles.

Company’s vision and values.

Livetraderfx vision is to create the most innovative and dynamic platform that provides its users with all necessary tools. In such an ever-expanding and ever-changing industry they continuously refine their services to provide to the needs of traders worldwide. They believe in a client-oriented approach and place clients’ interests at the center of all their operations. Its objective is to offer the best online cryptocurrency trading platform.

They are into trading cryptocurrencies but their website claims you can trade stock, commodities, forex, and indices through a single bitcoin-based platform. Apart from Dash, XRP, BTC, EOS, or ETH one can trade in over 100+ crypto assets.

One can start trading with only a few steps. Create an account with a registered email, deposit funds in your account, and you can begin trading by exploring the leading tools available.

For account security purposes the company uses dual-factor authentication, 2FA (provided by Google Auth) so that no one can access the user’s account. They use whitelisting feature that provides a specific withdrawal address and is a mandatory bitcoin address. Multisignature technology is used for cold storing digital assets. Rating of FIPS Level 3 or higher is used as hardware security modules.

The company does not use MetaTrader4 or Metatrader5 platform that is available with most brokers.

Account types.

Livetraderfx offers the following accounts, Classic, Silver, Gold, VIP, and Elite. For these account types spread discount varies from 0 to 80%, expected profitability from 1 to 30+%, and deposits from 250 USD to 250,000 USD.

Why not use Livetraderfx?

• The company is not regulated by any country.
• There is no transparency in their functioning.
• There are many negative reviews regarding their mentorship program.
• Teaching material is copied from other’s websites.
• Domain details on the website are from 2003, it went live on 5th June 2003, but Anmol Singh claims he started the website in 2015.
• Their site is not trustworthy as there are nearly 19 IP address changes in the last 16 years. In other words, this domain is transferred or sold from one scammer to the other.
• There is no concrete proof that the investor will succeed.

How to get your funds back from Livetraderfx?

At Lucenteq, we specialize in fraud/scam recovery involving credit card payments, wire transfers, cryptocurrency transactions, and online accounts. We can help you file a dispute and retrieve your stolen money.

In case you are the victim of a Livetraderfx broker scam or any other scam, do contact Lucenteq. 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 regularly update the cryptocurrency scammer’s list. Do read to gain better knowledge and avoid joining scam companies/brokers. Prevention is better than cure.

ETFinance Website – https://www.etfinance.eu/

Warnings Against ETFinance – Not Recommended By Review Website Like Lucenteq

ETFinance Address – NA

 Why we do not recommend ETFinance?

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

Introduction of ETFinance.

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

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

ETFinance review conclusion.

Writing a review of ETFinance 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 ETFinance 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.

UFX Website – ufx.com

Warnings Against UFX – The Cyprus Securities and Exchange Commission (Cyprus), Financial Conduct Authority (United Kingdom)

UFX Address – Govant Building, Kumul Highway, P.O. Box 1276 Port Vila, Vanuatu

 Why we do not recommend UFX?

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

Introduction of UFX.

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

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

UFX review conclusion.

Writing a review of UFX 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 UFX 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.