reviews

Report a Scam and File a Chargeback Against RSQTrade

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Is RSQTrade a Scam Broker? 

RSQTrade is an unregulated broker. The most important criterion for any broker is that it has a valid license from a regulator, however, RSQTrade does not satisfy this requirement. There are many other problems with RSQTrade. For instance, when visitors sign up for an account, the information clearly goes to another side and that the main site does not really have a dashboard. The pips are too high to give any advantage to clients and withdrawal fees are also burdensome. 

 Is RSQTrade a Scam or Legit Broker?

The leverage for RSQTrade is 1:400 which is very high and indicates that this broker is risky for clients. In addition, this broker has its proprietary trade software. There is not necessarily anything wrong with a broker having its own software, but too often unregulated brokers have fake software that is intended to fool traders into thinking trades are occurring when they are not.

Here are some problems we have discovered from our research on RSQTrade and reviews:  

  • Unregulated
  • Poor Website
  • No Transparency
  • Fake trading software
  • High spreads and fees

ChargeBax experts have examined RSQTrade and have concluded that it seems like a scam. If you want to trade, do some research and select only a regulated broker. If you need assistance finding a reliable broker or require fund recovery from a scam broker, consult with our professionals right away. 

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    Report a Scam and File a Chargeback Against Remaxima

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    Is Remaxima a Scam Broker? 

    Remaxima is an unregulated broker that is the subject of a warning from the Central Bank of Ireland and the FCA of the United Kingdom. It claims to offer forex trading, but the website content sometimes talks about stock trading as if it were forex. In general, the website content is sub-par and the telephone and address are clearly fake. Although Remaxima indicated it is from Hungary, there is a lot of Russian on its site and social media page. 

     Is Remaxima a Scam or Legit Broker?

    There are many examples of contradictory and confusing information appearing on Remaxima’s website and social media pages. This should not obscure the main point–that Remaxima is unregulated and has received warnings from major regulators. This should be enough to encourage anyone to stay away from this broker. In addition, many customers talk about the refusal to release funds to customers and poor treatment. 

    Here are some problems we have discovered from our research on Remaxima and reviews:  

    • Not licensed
    • Poor and confusing website content
    • Warnings from the Bank of Ireland and the FCA
    • Aggressive tactics
    • Does not release funds
    • Fake contact information

    ChargeBax experts have examined Remaxima and have concluded that it seems like a scam. If you want to trade, do some research and select only a regulated broker. If you need assistance finding a reliable broker or require fund recovery from a scam broker, consult with our professionals right away.

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      Report a Scam and File a Chargeback Against Cryptoexpertrades

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      Is Cryptoexpertrades a Scam Broker? 

      When looking for a broker, it is important to pay attention to consistency. There is little consistency on the Cryptoexpertrades website. The home page says clients can trade 30 types of assets. However, on other pages, only cryptocurrencies are mentioned. Cryptoexpertrades discusses its referral program which gives traders 20%, but on another page, the amount is 15%. The content is poorly written and looks unprofessional, but is this a reason not to trade with Cryptoexpertrades. 

       Is Cryptoexpertrades a Scam or Legit Broker?

      Cryptoexpertrades may be a clone site, with the first page copied and the inner pages generated by someone else. This could explain the inconsistency of information and poor quality. Cryptoexpertrades is unlicensed and encourages customers to trade on the margin. In addition, its referral program could be a euphemism for an MLM scheme. Cryptoexpertrades does not seem reliable and it is best to look to a regulated broker for trading. 

      Here are some problems we have discovered from our research on Cryptoexpertrades and reviews:  

      • Unlicensed
      • Inconsistent information
      • Possible clone site
      • Badly formatted content and typos
      • Encourages trading on the margin
      • No transparency

      ChargeBax experts have examined Cryptoexpertrades and have concluded that it seems like a scam. If you want to trade, do some research and select only a regulated broker. If you need assistance finding a reliable broker or require fund recovery from a scam broker, consult with our professionals right away. 

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        Report a Scam and File a Chargeback Against MidasTrade

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        Is MidasTrade a Scam Broker? 

        Cryptocurrencies can be exciting, but few traders understand how it works. Cryptocurrency mining can be even more complex, and MidasTrade promises they can be relied on to return 7% a day for clients through cryptocurrency mining. This is not realistic or even possible. Any broker that guarantees returns from high-risk investments such as cryptocurrency is not to be trusted. In addition, MidasTrade does not have a license. 

         Is MidasTrade a Scam or Legit Broker?

        Another reason to be concerned about MidasTrade is that, although in its terms it is straightforward about the fact that it is unregulated, it deceives clients about their rights. MidasTrade pretends that customers can agree not to leave negative reviews without their permission or share any information about the company. This may cause some to assume that can’t file a complaint, which is not true. MidasTrade is an unregulated broker that does not seem honest. 

        Here are some problems we have discovered from our research on MidasTrade and reviews:  

        • No license
        • Unrealistic returns
        • Fake terms that claim customers can’t complain
        • Poor quality content
        • No transparency

        ChargeBax experts have examined MidasTrade and have concluded that it seems like a scam. If you want to trade, do some research and select only a regulated broker. If you need assistance finding a reliable broker or require fund recovery from a scam broker, consult with our professionals right away. 

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          Report a Scam and File a Chargeback Against ANTUSDT

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          Is ANTUSDT a Scam Broker? 

          If you want to sign up with ANTUSDT, you might have the good fortune of being prevented from doing so. The reason: ANTUSDT is a Ponzi scheme that is under investigation and it is safe to say that clients can’t sign up for it. However, if some people behind ANTUSDT manage to evade authorities, they could easily set up shop as another fake broker, so it is worth looking at the MO of ANTUSDT and discovering patterns to look out for. 

          Is ANTUSDT a Scam or Legit Broker?

          ANTUSDT is an unregulated Ponzi scheme, which means that it funds withdrawals through deposits from new clients rather than actually trading, as it promises customers. When the Ponzi scheme can no longer make withdrawals, it can disappear. In this case, ANTUSDT gave withdrawals through a fake cryptocurrency. There are many types of false cryptocurrencies and it is important to use caution when buying, selling, or trading with digital currencies. 

          Here are some problems we have discovered from our research on ANTUSDT and reviews:  

          • No license
          • Identified as Ponzi scheme
          • Under investigation
          • Gave worthless withdrawals in fake cryptocurrency
          • Promised 1% ROI per day–impossible guarantee

          ChargeBax experts have examined ANTUSDT and suspect it may be a scam. If you want to trade, do some research and select only a regulated broker. If you need assistance finding a reliable broker or require fund recovery from a scam broker, consult with our professionals right away. 

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            Report a Scam and File a Chargeback Against Vide Forex

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            Is Vide Forex a Scam Broker? 

            Vide Forex says it lets clients trade forex, CFDs, and options. The broker was founded in 2017 and it claims to trade funds for 5,000 clients with a volume of $4 million. Vide Forex seems to have a license from the Marshall Islands, but there is no validation of this. In any case, Marshall Islands is the third or fourth-rate regulator that does not provide oversight for customers, so it is almost akin to having no license at all. 

            Is CME Global a Scam or Legit Broker?

            Vide Forex is an important lesson to look beyond the claims that a broker makes or the numbers they quote and try to find information about actual licensing. What we discovered was at best, a claim of a poor quality license and at worse, no license at all. Vide Forex also focuses on high-risk assets and promises returns of 1% per day, which is impossible. 

            Here are some problems we have discovered from our research on Vide Forex and reviews:  

            • Insufficient licensing
            • Fake guaranteed returns
            • Focuses only on risky assets
            • No contact information
            • Bad reviews

            ChargeBax experts have examined Vide Forex and suspect it may be a scam. If you want to trade, do some research and select only a regulated broker. If you need assistance finding a reliable broker or require fund recovery from a scam broker, consult with our professionals right away. 

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              Report a Scam and File a Chargeback Against CME Global

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              Is CME Global a Scam Broker? 

              CME Global sounds like a reliable name in the financial industry. However, the largest global futures exchange is called CME Group, not CME Global. Those who are behind CME Global are trying to fool the public into thinking they are offering outstanding and regulated services by adopting a name similar to CME Group. This is a common type of scam perpetrated by clone brokers. It is essentially piggybacking on the accomplishments and success of other brokers and is an easy scam to fall for. 

              Is CME Global a Scam or Legit Broker?

              Of course, it is important to do thorough research before opening an account with a broker. However, going beyond simple research and checking that the names of the company are consistent and that contact information and web addresses are the same as those listed on the regulator’s site is an essential step. This helps consumers stay safe from a clone scam and to sign up with the true, regulated broker. 

              Here are some problems we have discovered from our research on CME Global and reviews:  

              • No license
              • Clone site
              • No contact information
              • Bad reviews

              ChargeBax experts have examined CME Global and suspect it may be a scam. If you want to trade, do some research and select only a regulated broker. If you need assistance finding a reliable broker or require fund recovery from a scam broker, consult with our professionals right away.

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                Report a Scam and File a Chargeback Against ZoroGlobal

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                Is FXOptionTrade a Scam Broker? 

                ZoroGlobal looks like any other broker website. However, there are many ways in which it seems sub-par. The written content is poor. One of its headlines reads, “There are many kinds of products.” However, a glance at the site shows that it offers MetaTrader 4, which is a trusted trading platform and there is a warning about the risks of trading. Few scam brokers display these warnings, but the fact there is a warning does not necessarily mean ZoroGlobal is legitimate. In the About Us section, there are no people shown or listed, which is a red flag. 

                Is FXOptionTrade a Scam or Legit Broker?

                All of these details may be interesting, but the most important thing to look for is a license. Not only does ZoroGlobal have no license, but there have been many warnings against it from European regulators. For example, CNMV, Spain’s main financial regulator has flagged ZoroGlobal as a scam. 

                Here are some problems we have discovered from our research on ZoroGlobal and reviews:  

                • Unregulated
                • Warning from the CNMV
                • Weak content
                • No contact information
                • Bad reviews

                ChargeBax experts have examined ZoroGlobal and suspect it may be a scam. If you want to trade, do some research and select only a regulated broker. If you need assistance finding a reliable broker or require fund recovery from a scam broker, consult with our professionals right away.

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                  Report a Scam and File a Chargeback Against FXOptionTrade

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                  Is FXOptionTrade a Scam Broker? 

                  FXOptionTrade is a rather generic name, which is usually not a great sign. This broker sounds as if the words ‘forex’ “option” and “trade” were just awkwardly combined in a way that would lead some consumers to believe they were offering real services. However, the FCA has exposed FXOptionTrade as a fake broker and a clone of a registered broker. 

                  Is FXOptionTrade a Scam or Legit Broker?

                  Clone scams unfortunately are very common, and the FCA, the top UK regulator, works to expose many of them and warn the public against them. Clone brokers often copy websites and create similar-sounding names to brokers that have licenses. The aim is to fool consumers into believing that they are signing up with a registered broker. The website should show this isn’t a solid broker, because of the weak content and the extravagant guaranteed returns. No broker can guarantee returns from risky assets. 

                  Here are some problems we have discovered from our research on FXOptionTrade and reviews:  

                  • No license
                  • Warning from the FCA
                  • Cloned site
                  • Weak content
                  • Guaranteed returns
                  • No contact information

                  ChargeBax experts have examined FXOptionTrade and suspect it may be a scam. If you want to trade, do some research and select only a regulated broker. If you need assistance finding a reliable broker or require fund recovery from a scam broker, consult with our professionals right away.

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                    Report a Scam and File a Chargeback Against SHIB-Giveaway

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                    Is SHIB-Giveaway a Scam Broker? 

                    Who doesn’t want to double their money? However, the term “double your money” is a common scam cliche for a reason. Anyone claiming to double someone’s money is usually not telling the truth. The SHIB-Giveaway scheme can be seen on various social media platforms and no matter where you find it, SHIB-Giveaway is a fraud. It asks people to transfer huge amounts of money in Shiba token, a type of cryptocurrency, with the promise to double it. However, the victims do not see any return on this investment. 

                    Is SHIB-Giveaway a Scam or Legit Broker?

                    The only thing people do get from transferring huge amounts Shiba is intrusive advertisements and spam. The scammers use email and information from customers for marketing purposes after stealing their money. The SHIB-Giveaway has attracted the attention of law enforcement and there are warnings about this scheme. If you want to trade cryptocurrencies, work with a regulated platform or licensed broker. 

                    Here are some problems we have discovered from our research on SHIB-Giveaway and reviews:  

                    • No license
                    • Social media scam
                    • Unrealistic promises
                    • No contact information
                    • Uses consumer data 

                    ChargeBax experts have examined SHIB-Giveaway and suspect it may be a scam. If you want to trade, do some research and select only a regulated broker. If you need assistance finding a reliable broker or require fund recovery from a scam broker, consult with our professionals right away. 

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