Beware! Dezotrade is an offshore broker! Your investment may be at risk.
Dezotrade Key Features
🔴 Dezotrade is a shady investment firm – a warning sign!
🔴 Dezotrade is under no regulatory oversight and lies about it – a red flag!
🔴 Dezotrade is not transparent, forging its contact information – a red flag!
🔴 Dezotrade creates irrational expectations – a red flag!
Dezotrade Products and Services
Dezotrade is yet another online scam that seeks to get your hard-earned money. Do not fall for these kinds of fake investment firm – you can easily tell them apart from legitimate ones by their business model, with the plans they have available shown below:
There is no way that any company can achieve a 3.5% ROI within 4 days. This kind of interest would be impressive for a bank to offer to its clients as an annual rate. And if you are considering that it is possible for Dezotrade to be so lucrative, then ask yourself this:
If Dezotrade were able to achieve such obscene returns, why would it need your money? Surely it would be more beneficial and easier for the company to simply have the people behind it invest their own funds and watch them grow exponentially? The fact they are not doing so means the company is yet another HYIP scheme.
These schemes have always been present on the internet, but it has gotten a lot worse in recent years, as crypto has become more popular. The interest in the assets is high, but the amount of knowledge of what is possible with them is not. Therefore, scammers have been able to make a killing from their victims! Stay away from scams like Dezotrade and stay safe – avoid HYIPs in any form!
HYIP stands for High-Yield Investment Programme and these businesses usually promise higher ROIs (return on investment) than usual. In some cases, the offers are just ridiculous- up to hundreds and thousands of percentages per day, which certainly can't happen. To draw a comparison, even the wealthiest banks or investment funds are not capable of delivering more than 10% per year, let alone per day or week. Therefore, the products and services assessment suggests that you'll be at risk if you deposit.
That being so, it's worth considering trendy alternatives that can help you build an extra income, such as Forex brokers PAMM managed accounts, social trading or crypto services that may as well fulfil your investment needs. For example, many cryptocurrency exchanges already provide passive income opportunities like BTC and ETH staking but make sure to subscribe to well-known, proven networks.
Dezotrade Company and Regulation
Dezotrade claims to be licensed in the UK and presents us with a certificate from the Companies House to prove that. However, the House is not a regulator – this is the job of the FCA in the UK. Therefore, Dezotrade is not licensed and lying about it!
The lack of regulation implies that the people operating this HYIP are working unchecked, meaning they can misuse or misappropriate your funds, eventually bearing no responsibility for their actions. To draw a distinction, regulated investment companies are forced by law to follow certain rules that guarantee the safety of clients' funds. For example, to get a license, a firm should meet minimum capital requirements that vary from country to country and may also depend on the product specification as there are many types of investments possible- stocks, bonds, mutual funds, banking products, fixed-income, retirements and so on.
In the US, the minimum capital requirement is 20 million USD, which happens to be among the heftiest in the world. Other than that, US financial services companies are also required to keep accounts segregated, thus ensuring that clients' money can't be exposed to unnecessary risks or stolen. However, it's worth noting that the US regulatory framework is very complex as there are numerous financial authorities, among which NFA, CFTC and SEC, to name a few, and all of these monitor companies in one way or another. The US markets may be tricky for the ordinary investor, so make sure to acquaint yourself with the environment before you've wasted money on potential scams like the one under review. And you'd better avoid unregulated investment businesses at all times.
Dezotrade Address and Contacts
| Address: | Street House The Street, High Ongar, Ongar, England, CM5 9NH |
| Phone number: | N/A |
| E-mail: | [email protected] |
Dezotrade does not have its real contact information available – it is not possible for a UK company to operate without the approval of the FCA!
When it comes to investing, transparency is crucial as you should know who's running the investment and where your money actually is. Legit firms always operate transparently and are bound by law to provide the public with basic corporate information, including addresses, contacts and legal documents disclosing all provisions related to the service. And our experience shows that it’s most probably a scam if you can't reach anyone over the phone given, can't validate the addresses or can't in any other way prove that the investment provider has the authorisation to offer financial products.
Dezotrade.com Website Info
| SimilarWeb Ranking | None at the time of writing |
| IP | 68.65.120.179 |
| Server Country | USA |
| WHOIS Reg. Date | 2022-02-20 |
| Registrar | NAMECHEAP INC |
| SSL certificate | Valid |
| Owner | Redacted for Privacy |
| Administrator | Redacted for Privacy |
Is Dezotrade Safe?
Dezotrade is a scam you need to watch out for. Stay away from it at all cost!
Scam Warning
Dealing with HYIPs and other unregulated investment providers is not recommended for many reasons. Above all, the absence of regulation strongly suggests a scam as only regulated firms are authorised to provide investment services. As you probably guess, scams can't flourish in a strong regulatory environment, so you'd better think twice before you've deposited with unregulated investment schemes.
The authorisation is only granted when the firm complies with the requirements and standards, which guides how the entities should treat you as a customer and what sort of information they should give you. Each country's regulator maintains a register of licensed firms and the investment services that each licensee is authorised to provide. On the other hand, unauthorised firms aim to avoid complying with the controls that legal, authorised entities are subject to, thus leaving investors entirely unprotected. Needless to say, scammers want to get you totally unprotected, and that's why they always work without a license.
As for HYIPs themselves, many of these schemes operate precisely as a Ponzi because many investors can actually withdraw initially, but sooner or later, the service will inevitably close. HYIPs usually target traders and investors with little or no experience by promising fictitious investment opportunities said to deliver unrealistically lucrative gains. 10% or 100% per day certainly isn't a legit offer.