review – 5 things you should know about


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



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

Here we are with another copy-paste brokerage that tries to conceal its nature behind a facade of false promises, filler text, and stock images, but ultimately fails to do so.’s website is quite stylish and might not seem like the online source of a scam. The main tell here is that is basically a rehash of previously unregulated brokers that we have reviewed. It’s very common for scammer brokerages to take from other unlicensed firms and label those elements as their own. This cycle is neverending.

In order to get a better picture of why is unlicensed, the first step to do so is to create an account. Because it is there that one will find all the specific trading and payment conditions.

It was too bad that the registration form was the most overused one in the industry. We have reviewed hundreds of brokers using the exact same registration page.

Nevertheless, we accessed not one but two fully-functioning trading software. The bad news is that the EUR/USD spread on both platforms is 3 pips. This cost of trade value is in no way favorable to traders. The leverage was capped at 1:100. Both trading offices revealed the following available financial instruments: forex currency pairs, shares, commodities, and cryptocurrencies.

The website of the broker is available in English, German, Russian, Italian, Spanish, and Polish.


The main thing we gather from the legal docs is that the website of the brokerage is not
intended for use by any person who “is a citizen or resident of any jurisdiction where such distribution… would be contrary to the law, (and) regulation”

This is a classic misleading clause stating which puts the broker on safe grounds, as it smartly convinces users that the company is regulated, albeit by some unknown entity. Well, the truth is is that it isn’t. This clause, in reality, reveals nothing of interest and is completely deceptive.

Next, we learn that the company is registered in the Commonwealth of Dominica, a nation that has not FX regulator, and thus has no legal framework by which the local FX business to abide.

In other words, is UNLICENSED, and a risk to all.

Trading should be done only with risk-free brokers, and by that, we mean regulated brokers, for all brokers pose a certain risk. Regulated ones are those that warn users of the risks and are tightly overseen by the given overseer. Thus any lost funds result only because of the user’s poor judgement or because of the dynamic fluidity of the market.
We encourage users to trade with  FCA  or CySec regulated entities, or other European or US-based licensed brokers.  These are very severe with their firms and demand of them a ton of requirements. Regulators strive to keep brokers in touch with the law!
Moreover, the FCA and CySEC offer financial reimbursement schemes to users of brokers under their gaze. This fund cover losses of users in times when the broker becomes insolvent.


The main platform here is a common web trader used by many unregulated brokers.

Here we find a live calendar, pending orders, one-click trading, price alerts, and more, but don’t be too impressed. Its usage is reserved only for unlicensed brokers.

There is also an alleged desktop trader. As it turns out it was the MT4, and alongside it was also a web-based MT4, which is the one we opened.

However, the presence of the MT4 cannot redeem this broker from its status of illegitimacy.


Unfortunately, we have to take all of the payment details from the website of the company, because as soon as we started looking into the payment methods our account got blocked.

The minimum deposit according to the website is $250, while the payment methods are credit cards, debit cards, bank transfers, and some alternative payment methods. However, we have no way to verify this information.

There is an inactivity fee charged by the broker. This is the only commission we found; there seem to be no withdrawal fees charged by the firm itself. The processing time for withdrawals is said to be between 4 to 7 days.

We also find that users cannot withdraw their profits. This is part of the much-hated Non-Deposited Funds provisions.

None of the payment details are certain. What is for sure though is the fraudulent nature of Its status as an unlicensed broker makes this company a risk to all investors and their personal details. Do not invest here!

How does the scam work?

The scams are very efficient and simple to follow for both the user and broker. At times, it may seem ludicrous to consider that one is in the middle of a scam! That is how effective they are!

Online ads that promise fast money, superb investment strategies, luxurious lifestyles, and beautiful sceneries, are all often a part of an investment scam. These advertisements are specifically tailored for more susceptible users. Clicking on them will redirect the person to either the website itself or an intermediary source.

It matters not where one ends up. Sooner or later the individual will be asked to provide a phone number or an email address.

Sooner or later, the unfortunate soul to have given these contact details away will start receiving emails or phone calls from the rep of the scam. The only and ultimate goal of these calls/email correspondences is to entail a preliminary deposit. This first investment is the client’s way into the scam, and after that, it will be much easier – for the user because his guard is down, and for the scammer, because he has gained the user’s trust – to bring about more deposits.

It all culminates to the point where the client wants to see results; he/she wishes to see some profit or withdraw his deposit and leave. A few things will happen. Either result will appear, completely fabricated by the fraudster, or the scammer will cut all communications with the user.

One thing is for certain. Users will not be able to withdraw! Typically, the broker will either cut all communication, quote its shady legal documents as a counter to all requests, shut down the user account, or even close the entire website!

What to do if scammed?

Immediately upon feeling suspicious file for a chargeback. Both VISA and MasterCard have extended their chargeback time span to 540 days.

Fraudsters can take out money from your bank account, and thus we encourage defrauded users to change their bank account name and password ASAP. And then users should contact the bank to set a plan of action with it.

Deposits made through any sort of cryptocurrency are for sure to be lost forever. That is why it is imperative to never invest in crypto.

So users will come across these self-proclaimed recovery agents, whose alleged job is to recover money lost to investment scams. All they ask is a service fee, which they will take and leave the user without a trace!

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