review – is a scam or safe? review – is a scam or safe? Key Facts

🔴 offers questionable bitcoin related investment opportunities – a clear sign of a scam!

🔴 is quite coy with crucial contact information – beware!

🔴 lack any license for the provision of its services – a huge red flag!

🔴's domain has been registered only recently – another off-putting detail! products and services offers investment plans. However, a lot of companies that do that online turn out to be simply running a scam. Such is the case with as well – it promises returns of 20% in 15 hours in its most modes plan – clearly something that is simply impossible to accomplish in reality.

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. company and regulation claims to be a UK company – however, it only provides us with a clearly photoshopped certificate of incorporation in the Companies House. Even if the document wasn't blatantly false, we could not trust that the company was licensed in the UK – it would need to provide an FCA license for us to buy that.

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. address and contacts provides us with an address and a phone number from the UK – Unit A The Henfield Business Park Shoreham Road Henfield West Sussex England BN5 9SL and +447810282507, respectively. However, we do not believe them to be factual – it is really easy to forge both and the company is not actually authorized to operate in the UK as we demostrated.

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. website info operates on an extremely recent domain – one that was registered in August 2020. This means that the claimed 7 years of experience the company has are completely ficticious.

Additionally, the domain is hosted on an IP address from the States along with 469 other websites, none of which are connected to as far as we could tell. This address is

The people behind have shielded themselves from WhoIs lookups – this is a common enough practice, but it does mean that the company fails to live up to standards of transparency that are important to us.

Finally, the website is staggeringly unpopular within the web – SimilarWeb does not even rank it.

Scam warning

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.

Recommended Casinos

Share your experience with and get help to recover your deposit

Your email address will not be published. Required fields are marked *