Autroexpert-trade Key Facts
🔴 Autroexpert-trade offers questionable investment opportunities – a clear sign of a scam!
🔴 Autroexpert-trade is quite coy with crucial contact information – beware!
🔴 Autroexpert-trade lacks a license for the provision of its services – a huge red flag!
🔴 Autroexpert-trade's domain has been registered rather recently – another off-putting detail!
Autroexpert-trade products and services
Autroexpert-trade is yet another scam that promises incredible returns on deposits – it claims that it can grant interest rates of over 93%. This is clearly not something that it can actually achieve – it is simply trying to pocket your money under false pretenses.
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.
Autroexpert-trade company and regulation
Autroexpert-trade is not a licensed company either – and it does not claim to be one either. This eagerness to operate outside of the bounds of the law is quite worrisome to us and it should trouble you as well.
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.
Autroexpert-trade address and contacts
Autroexpert-trade does not provide us with sufficient contact information – it simply lists a phone number – +1(409) 444-3255. However, you can literally print fake numbers should you wish – there is no guarantee that you can reach Autroexpert-trade using this one.
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.
Autroexpert-trade website info
Autroexpert-trade's domain is rather young, having been online since September 2020. Young and unpopular domains are often the sign of a scam and Autroexpert-trade is quite obscure too, with SimilarWeb not even listing it due to how little traffic it has to it. The domain is also hosted on the 220.127.116.11 IP address, along with 29 other websites, some of which are also scams – the ones we have reviewed are listed below.
The domain owners have decided to cover themselves up from WhoIs lookups, which is yet another sign of a scam.
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.