Caution! Accuratepredicts is an offshore company! Your funds may be at risk.
Accuratepredicts Key Facts
🔴 Accuratepredicts offers questionable investment opportunities – a clear sign of a scam!
🔴 Accuratepredicts is quite coy with crucial contact information – beware!
🔴 Accuratepredicts lacks the appropriate license for the provision of its services – a huge red flag!
🔴 Accuratepredicts’ domain has been registered only recently – another off-putting detail!
Accuratepredicts products and services
Accuratepredicts offers incredibly lucrative investment plans which offer return rates of 100 to 300% on your deposit weekly – this is clearly impossible for any company to achieve, and Accuratepredicts is simply trying to pocket your money.
People should always be cautious when dealing with businesses offering enormously high yields because it’s scammers’ trait to promise big and create unrealistic expectations. In reality, regulated financial companies cannot secure more than a few percents annually with their fixed-income products. There is a huge discrepancy between these offers and the regulated companies standards. Judging by the products and services they sell, we suspect it’s a scam, so beware.
Accuratepredicts company and regulation
Accuratepredicts is not a licensed company – now, it does not claim to be one either, but that does not mean that it is exempt from needing to obtain a license to be considered a legitimate company!
The US financial services regulation is very complex in the USA. Derivatives markets regulation is a responsibility of CFTC and NFA. Forex brokers and most of the investments companies have to be NFA members and CFTC registered to operate in the USA. On the other hand, securities markets are controlled by the SEC, a government independent agency responsible to maintain the integrity of the financial markets.
While SEC focuses more on the procedure regulation insisting on financial reports and management discussion and analysis, NFA and CFTC impose pretty straightforward requirements. To become authorised the companies have to provide 20 million USD in paid-up capital, which is considered a guarantee that the businesses can survive in turbulent times and pay whenever they have to.
Other customer protection measures include clients’ accounts segregation and leverage restrictions for forex brokers- 1:50. Also, CFTC brokers’ clients are not allowed hedging, which is one of the very unique US features. Unfortunately, the cryptocurrencies regulation is still inept, so traders and investors should be wary when dealing with crypto offers.
Accuratepredicts address and contacts
Accuratepredicts does not even have the bare minimum contact information available – a physical address and a phone number. This is not only incredibly shady, but unprofessional as well.
Transparency is crucial when talking about brokers and investment companies, and it’s part of the regulatory framework. The regulated companies are open to financial authorities following certain transparency rules, so it’s generally unlikely to conduct fraudulent activities. They are also bound to provide the public with crucial information about themselves, making it easy for traders and investors to confirm the company’s legitimacy.
Accuratepredicts website info
Accuratepredicts’ domain shows two of the most common signs of a scam – it is registered quite recently, in January of 2021, and it does not have enough traffic to be featured on SimilarWeb at all. Another scam sign is the affiliation with other scammers – the domain is hosted on the 220.127.116.11 IP address, along with more than 30 other scam websites. The ones reviewed by us are available below:
Finally, the domain owners have concealed their identities – thus, Accuratepredicts once more fails to live up to the principles of transparency that we expect of investment firms.
We paid utmost attention to the regulation and transparency in the sections above because it’s mandatory for trading and investments. Pretty much each company offering financial services have to be authorised by the local financial authority.
However, some entities operate unlicensed and intentionally run investment fraud. It would be best if you only dealt with companies authorised by the regulators, so always check to make sure they are. Bear in mind that if you trade with unauthorised businesses, you won’t be protected, so it’s very likely to suffer losses almost impossible to recover if things go wrong.
Online scam is trending nowadays with fraudulent websites popping up literally every day. The financial authorities increase the number of warnings issued year after year, but the dangers are still out there and growing exponentially. You’ll realise the hazards when you consider OneCoin scam- it’s still impossible to calculate the total loss, but it’s regarded as 15 billion worth fraud. Make sure to trade with licensed and regulated companies to avoid off-putting losses.