Investors Alert – Regarding this entity falsely presenting themselves as registered, licensed, or U.S.-based, including impersonating genuine securities firms, regulators, governmental agencies, or international organizations in their solicitation of investors.


Online trading can be a lucrative and exciting way to invest your money, but it also comes with risks. One of the biggest risks is falling victim to a scam broker that will take your money and disappear. The SEC has recently alerted investors about, an unregistered soliciting entity that pretends to be a legitimate online trading platform. In this blog post, we will explain what is, what products and services it claims to offer, why it is not a licensed financial institution, what traders have said about their experience with it, how online trading scams operate, and how you can safeguard against fraudulent brokers.

Products and Services:

According to its website, offers various types of online trading, including forex, stocks, commodities, indices, and cryptocurrencies. It claims to have over 250 trading instruments, advanced trading tools, low spreads, fast execution, and high leverage. It also claims to provide educational resources, market analysis, trading signals, and account management services. However, these claims are false and misleading. is not a real online trading platform, but a scam that will lure you into depositing money and then refuse to let you withdraw it.

Financial institution & regulatory license: is not a registered or licensed financial institution in any jurisdiction. It does not have any authorization or supervision from any regulatory body, such as the SEC, the CFTC, the FCA, the ASIC, or the CySEC. This means that it is operating illegally and does not comply with any rules or standards that protect investors’ rights and interests. If you trade with, you will have no legal recourse or protection in case of any dispute or fraud.

Trader’s Reviews and Customer Service:

Many traders have reported negative experiences with They have complained about aggressive and deceptive marketing tactics, such as cold calls, fake testimonials, and false promises of high returns. They have also reported that once they deposited money with, they faced difficulties in accessing their accounts, executing trades, or requesting withdrawals. Some traders have even lost their entire deposits to this scam.’s customer service is unresponsive and unprofessional. They will ignore your emails, phone calls, or chat messages, or try to pressure you into depositing more money or paying fees.

How do online trading scams operate:

Online trading scams like use various techniques to trick unsuspecting investors into giving them money. They usually create a fake website that looks professional and trustworthy, with logos of reputable organizations or regulators. They also use social media, email campaigns, or online ads to promote their services and attract potential customers. They may offer free trials, bonuses, or guarantees to entice you to sign up. Once you register with them, they will ask you to deposit money into their account using untraceable methods like wire transfers or cryptocurrencies. They may also ask you for personal or financial information that they can use for identity theft or fraud. After you deposit money with them, they will either manipulate the trading platform to make you lose money or simply deny you access to your account or funds. They will also try to avoid any contact with you or make excuses for why they cannot process your withdrawal requests. If you try to complain or report them, they will threaten you or disappear.

How to Safeguard Against Fraudulent Brokers:

To avoid falling prey to online trading scams like, you should always do your research before choosing an online trading platform. You should check the following:

– The reputation and reviews of the platform from other traders and experts.

– The registration and license status of the platform from the relevant authorities in your country or region.

– The terms and conditions of the platform’s services and products.

– The security and privacy features of the platform’s website and software.

– The customer support and communication channels of the platform.

You should also be wary of any platform that:

– Promises unrealistic or guaranteed profits.

– Asks for upfront fees or commissions.

– Requires you to deposit money using unregulated or anonymous methods.

– Pressures you to invest more money or trade more frequently.

– Refuses to provide you with clear and accurate information about their operations.

Conclusion: is a scam that poses as an online trading platform but is actually an unregistered soliciting entity that will steal your money and personal information. The SEC has warned investors about this fraudulent scheme and advised them not to trade with it. If you are looking for a reliable and regulated online trading platform, you should do your due diligence and compare different options before making a decision. You should also educate yourself about the risks and rewards of online trading and follow some basic tips to protect yourself from scams.

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