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.