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.

What can we say about that has not been said before about hundreds of others like it before, and even more that will appear after it? Well, nothing. This broker is as average as scammer brokers get. Yes, it is a shady broker, there is no doubt in that claim. However, many novice users might not think so, and thus will probably be urged to invest, which is the last thing you want to do here. The following review will give you the answer to the lifelong question of “should I invest here?” Read on.

It all begins with a completely failed attempt at registering an account, for the simple reason that we found no registration area. Speaking of finding things, the website of does not have the appeal of an FX brokerage site. There are very few subpages and not a whole lot of information to go with it. This makes our tasks slightly more unachievable precisely due to the lack of information, seeing that we cannot rely on a user area for trading and payment information.

We will have to work with what we have. From the site, we learn that clients can only trade with a range of cryptocurrencies. There are no other financial instruments advertised. The leverage is capped at 1:4, while the spread is said to be at 0 pips, which is impossible and must carry some sort of commissions (if this truly is the cost of trade). However, we have no trust in this information.

However, the terms and conditions say very clearly that the broker does not offer crypto assets as tradeable products, but instead FX and CFDs only. But there is no proof of this anywhere on the website… This confusion is nothing new with illegal brokers, we assure you.

The website is available only in English.


After doing some steady research, we came to the only possible conclusion that is completely anonymous, which goes hand in hand with being unlicensed. There was no regulatory info to be found, nor was there a contact address. Thus anonymity seems the only logical conclusion.

Moreover, we had a hard time locating the broker in the digital space, because when searching for it online all we got were results of Stanford University. This adds up to the anonymous nature of this shady brokerage.

Last but not least, the footer turns out to be a whole indemnification clause, where limits its liability as much as it can, making it hard to prosecute it in case of a legal battle. This is a definite sign of a scammer broker.

In conclusion, is an UNREGULATED broker, which is probably a fraudulent scheme out for your money!

Always look for  FCA or CySEC regulated brokers, as well as U.S based ones, or any broker that holds a proper license from a legit regulator. The main reason for this is that all money that is invested in unlicensed brokerages will be lost, so better to invest it in a regulated entity than give it to a fraudster. Most FX overseers have strict rules applied to all their regulated entities so that the brokers may not manipulate them or make things work in their favor. Some agencies even offer compensation schemes that are applied to all users of licensed brokers. These funds are applied when the brokers cannot pay their debts to clients. CySEC guarantees up to €20 000 per person, while the FCA guarantees up to £85 000.


It shouldn’t be a surprise that the broker has not included any trading platform information. Our failed registration is also of no help since users can only be sure of a trading terminal once they have created an account. Here, this was impossible. Thus we have to suppose that has no trading office.


Much in the same way that there was no trading software detail, not any regulatory info, the payment information is also quite limited, or in this case more ambiguous.

For instance, we found no info on any real payment methods, although the terms and consists mention a wire transfer as a payment method. Moreover, the website claims the minimum deposit to be €5000 which is incredibly high!

Moreover, so-called “premature” withdrawals will be commissioned by a maximum of 33%. By “premature” we think the broker means a withdrawal made without any prior trading. Withdrawals take up to 5 days to process but can take up to 60 days to reach an account.

How does the scam work?

The first step of the most popular investment scam is the ability of online ads to lure users in. Online ads that consist of alluring profit possibilities, luxury, cars, etc, are almost always ads leading to either a scammer FX site or in some cases an intermediary website where users are bombarded with even more fake promises of money.

Those who fall for these are almost always asked to provide some sort of a contact number or email address, so the scammers can start contacting them and asking them to invest.

Picking up the phone, the user will be put with the first wave of scammers, the initiators, whose job is to push for the first deposit and fixate the user in the scam. These individuals are motivated by the fact that they will take a tasty percentage out of the invested sum.

Next come the retainers, or the pro scammers sometimes referred to as “account managers”. These will stay with you for some time and pretend to be on your side. As likable as they seem, rest assured that their only goal is to take as much money as they can. They are great talkers and can easily manipulate clients through different psychological channels.

Once users wish to take out their deposit or profit, which is actually totally non-existent, the broker will start staling the request. This is the most common thing to do. Some fraudsters can stop responding to requests, while others may shut down users’ accounts or entire websites!

The crucial thing to note is that users will never see their invested capital again!

What to do if scammed?

The smartest thing to do is file for a chargeback with your credit or debit card company. MasterCard and VISA have a chargeback period of 540 days.

If you have lost money by means of a wire transfer, the first thing to absolutely do is change your bank account’s username and password. Next, we encourage readers to contact the bank and try to reason with them.

Money lost by way of crypto transactions is definitely lost. There is no way to get it back. It’s crucial to never invest in unlicensed brokers throguh cryptocurrencies.

And lastly, do not fall for recovery agencies or agents. In return for a sum of money these, previously unknown, groups, or person, will promise to recover your lost funds, Safe to say that they will take the commission and disappear!

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