Multiexpert-trade review – is a scam or safe?

Multiexpert-trade review – is a scam or safe?


Multiexpert-trade Key Facts

🔴 Multiexpert-trade offers questionable investment opportunities – a clear sign of a scam!

🔴 Multiexpert-trade forges crucial contact information – beware!

🔴 Multiexpert-trade lacks a license for the provision of its services – a huge red flag!

🔴 Multiexpert-trade domain has been registered only recently – another off-putting detail!

Multiexpert-trade products and services

Multiexpert-trade is yet another in an incredibly long line of scammers that offer incredible returns on deposits – in the case of Multiexpert-trade, that is the ridiculous 30% interest daily. No legitimate company can afford that, Multiexpert-trade is simply after 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.

Multiexpert-trade company and regulation

Multiexpert-trade is not a licensed company – not that it claims to be, but you should never do any business with unlicensed entities.

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.

Multiexpert-trade address and contacts

Multiexpert-trade's stated address is the following: 3031 Tischway Ste 80 San Jose CA 95128. However, there are a lot of scammers that have tried to pass with the exact same address line. The ones we have reviewed can be found below:

Cryptoexchangefxtradeonline Fx-crypto-investment

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.

Multiexpert-trade website info

Multiexpert-trade has not been online for long at all, as its domain has been registered in November of 2020. This, along with the fact  that Multiexpert-trade is incredibly unpopular, to the point where SimilarWeb does not even list it are both signs of a scam. The company's website is also hosted on a painfully familiar IP address – the US IP, which co-hosts 37 other domains, most of which scammers as well. The ones we have reviewed are available below:

FXcryptonetwork Cryptoexchangefxtradeonline
Tezos Markets 
Toptechoption SkycryptOption

Finally, the owners of the website have concealed their identities – we could not discern them using a WhoIs lookup, which is yet another breach of the principles of transparency we have outlined above.

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.

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1 Comment

  1. I am a victim of this scam just recently investing 200$ with certain name Anabell Swiz
    after 4 days, my profit reached 10K … I was overwhelmed..
    But to my surprised, in the withdrawal, I have to pay IRS vat of $600
    and the payments should be done in their wallet.. which I felt fishy.

    The message like this:

    ‘We received a request of making withdrawal from this company/trading platform (Multiexpert-trade,LTD).
    The IRS (internal revenue services) requested a fee (Tax) to be paid by all traders newly introduced to any trading company for a successful transactions..

    NOTE: This fee ( Tax ) is a regulated option from the government for all traders who wish to trade online and you will not be asked to pay for this again to confirm your withdrawal..

    You are required to pay the Sum of $600 to be able to make successful withdrawal anytime you wish, please contact your trading support mail for more details on how to make payment.

    somehow, their address is fake using gmail account, and the funny thing was, the address.
    Internal revenue Services … maybe due to the rush, they registered internet instead of internal.

    well, lesson learned … not to trust anyone… Actually, its been long time I was looking for the review of Multiexpert-trade, but I couldn’t fine any..until I found this.. But its too late.. I have been a victim already…


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