Wisefunds.co Review 5 Reasons Why You Shouldn’t Trade Here!

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker!
    Perfect Choice For Beginners and Middle-Level Traders!
    Free Demo Account! Free Education!

  • Binomo
    Binomo

    Honest broker!

Wisefunds.co Review: 5 Reasons Why You Shouldn’t Trade Here! [Scam]

WiseFunds Reviews: A legit CFD and Forex trading platform or another scam? Read our reviews to see what experts have to say about Wise Funds online trading platform. We have been receiving a handful of complaints about Wisefunds trading platform. This led to our review of wisefunds.co

This website claims it brings the biggest opportunity in the trading market.. Is Wisefunds.co a reliable online trading platform? You may have come across many systems on the internet promising you quick fortunes, the truth is that majority of them turn out to be scams.

HAVE YOU BEEN SCAMMED? If you have lost your money to online scammers, there is an opportunity you could get back your money.

Click HERE to start the recovery process

In this review, we provide you information based on our investigations and user experiences to help guide you make the proper decision.

What Is WiseFunds- Is wisefunds.co Paying?

According to the information on their About Us page “Our mission is simple. We want our clients to take the right decisions in the right moment by using trading market fluctuation in their favor“. They claim their trading platform is safe and transparent, as they are allegedly using the MetaTrader4.

However, there are no proofs to this claim. Their website is pretty convincing, and if given room to be popular, they would easily make away with people’s money.

WiseFunds Details- How To Contact Them

Wisefunds.co Scam Review: Disturbing Things Found

We have had a lot of complaints coming from our readers, and this led us to run a thorough investigation on wisefunds Website. We hope our findings help you make the proper decision about Wise Funds.

  • They claim their company is located at St. Vincent and the Geraldine. This alone is a redflag, as they are located offshore. It is no news that Offshore platforms are a nuisance to investors as they open and close shop without giving any notice. Never trust your funds with offshore platforms as it is likely a scam.
  • The MT4 trading platform they claim to offer is not to be vouched for as they do not even properly secure their website from third party attacks. With this platform, hackers can easily take over and steal vital information such as credit card details. Make sure to stay away from it or else risk losing everything.
  • There is no Regulatory body acting as a watch dog over them. They claim they are licensed in Saint Vincent and the Geraldine, but when we contacted ASIC, CONSOB, CySEC, FCA, NFA, and SEC. None of these institutions has ever heard of this platform.
  • Also, there is no safety of funds. Members of WiseFunds are depositing funds straight to owner’s bank account. You should never expect any compensation as the platform does not participate in a compensatory scheme.
  • Conclusively, WiseFunds don’t offer Demo Account. There is no way you can have a trial to test their efficiency. It is either you deposit money or your are kicked out. This is not how legit trading platforms work, especially if they are a new name in the block.

Why spend your time on this platform when there are other legitimate and sustainable ways of making money?

Reasons Why wisefunds.co an Ideal Trading Platform For You

Well, what more can we say?

The people behind this platform provided a shitty graph on their homepage, showing us their four account types.

However, as enticing as it look, these scam artists didn’t notice they double posted the minimum deposit price

How the hell can the accounts listed include Basic, Bronze, Silver, Gold, and Platinum have having different initial deposit?

This simply boils down to rough work. Innit?

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker!
    Perfect Choice For Beginners and Middle-Level Traders!
    Free Demo Account! Free Education!

  • Binomo
    Binomo

    Honest broker!

Is wisefunds.co Scam or Legitimate?

Though they provide a registration certificate and so-called evidence of payments, don’t be deceived, anybody could get a sham address and certificate most especially from the Company House in UK which most of them use, for just £5. These companies claiming to be located in the UK or similar countries like the USA are not in actual sense located there.

Sometimes these platforms might pose as an investment platform, doubler platform or even a mining platform. Often times they might run an ads through the google ads academy or even get a youtube ads making them look legit. But the truth is that they do not have the equipment that make them what they claim to be. Rather what they do is circle the funds of investors, and when they have made a lot of unsuspecting investors trust them, they stop paying.

The truth is that even the longest paying hyip would one day flop. The system is not sustainable. Why waste your time and money when there are legit and paying bitcoin investment sites? You could even start forex trading with the help of trusted brokers.

wisefunds.co is not worth your time and money

COMPARE WITH A TRUSTED BROKER

Fortrade

Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices, and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK well as ASIC in Australia which makes client funds safe. They accept traders worldwide.. visit their official website

Forex Fastron EA Review: Fastron Forex Robot, Scam or Legit? Find Out

Fastron Forex Robot Review: this is the name of a Forex expert advisor that promises its users a consistent results in form of a higher profits and ROI. Is Forex Fastron Robot legit or a scam? Forex trading signal providers are on the increase, it is important to get the proper signals from the right sources. Read this review to know more about this forex vendor.

HAVE YOU BEEN SCAMMED? If you have lost your money to online scammers, there is an opportunity you could get back your money.

Click HERE to start the recovery process

What Are Forex Signals or Indicators?

Most Forex indicators are created for the purpose of giving traders trading signals that are accurate as well as consistent. With a legit indicator system, traders can afford to spend less time monitoring the market.
Traders are provided with what can be termed expert advice from these robots, this is why they are called Expert Advisors (EAs). EAs are sold by indicator vendors.

It is totally in character for Forex EA vendor or signal providers to start out with claims of making clients richer. This is because everyone seeking out easier ways to trade effectively does so to make more profit.

However, traders need to be careful about believing everything they encounter in the business sphere. Some are geared to just deceive and steal their funds. Considering what is offered and proofs are effective means of discovering fraud as well as reading our reviews and comparing the offers to those of other legit vendors at the bottom of this article.

Who Owns Forex Fastron Robot

The developers of this forex indicator did not reveal who they are and where they are located. We do not encourage traders to purchase any service whose owners are unidentified.

How Forex Fastron EA works

Forex Fastron EA claims to be a powerful and fully automated forex robot that comes with several set of indicators which help convert whenever the market will flip but they fail to give a detailed explanation of this strategy they claim to use.

The trading results displayed on their website is on an Fxblue account. Trade results from standard forex brokers are usually displayed on MyFxBook due to its reliability and transparency.

Forex Fastron EA comes in 3 categories which are: basic, premium and unlimited. The purchasing fees are $199, $299 and $419 respectively.

Forex Fastron Client feedback

As a vital part of our reviews, we consider what people who have made use of a product or service are saying about it. We always prefer this on third-party websites rather than on the official page of the service itself. This is because sometimes, what we find could have been manipulated. So far, there have not been any client review on forex fastron.

Support

To get in touch with them, you can fill the form on their webpage.

Conclusion

There is no information on the owners of Forex fastron. Also, trading results are not provided on MyFxBook. This is discouraging as the results it provided on the page cannot be trusted. Therefore we rate it low.

Have you been Scammed? Fill the form below to get back your Money

If you have been scammed, there is a company called MyChargeback, that could help you get back your stolen funds. Fill the form below, they will get in touch with you.

ZendTrade Review – 5 things you should know about Zendtrade.com

Beware! ZendTrade is an offshore broker! Your investment may be at risk.

Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.

ZendTrade is a Forex brokerage registered in the US. Traders are provided with the MetaTrader 5 trading platform and a wide range of trading products. From the website we gather that potential clients are also extended an extremely generous leverage of up to 1:1000. At 1.1 pips on EUR/USD, the spread offered by NumerousFX is below the industry average and certainly favorable for traders.

ZendTrade regulation & safety of funds

According to the website of the brokerage the company behind it is registered in the US by the name Zend Trade, Inc.. Going through the website of the brokerage we find no mention of a regulatory oversight and this shouldn’t come as a surprise since there aren’t many NFA-regulated brokerages and all of them are well-known. We can safely conclude that the brokerage does not fall under any regulatory oversight whatsoever. Furthermore, the brokerage provides a web-based trading platform which is quite absurd. Here is a screenshot:

This isn’t a real trading platform for Forex online trading since it only shows how the prices of different indecies have fluctuated in a time period. There is no leverage, nor is there a spread to be seen on currency pairs. The obvious lack of credible regulation, coupled with the fact that the brokerage provides such an absurd platform inclines us to believe that potential clients of ZendTrade may be open to substantial risk. Furthermore, while researching ZendTrade on the web we came across several complaints from ex-clients who claim to be the victims of fraud at the hands of the unregulated brokerage. A client has even made a 5 minute video where he goes in great detail how exactly ZendTrade was able to swindle him. We also found that New Zealand’s Financial Markets Authority (FMA) has issued a warning against the brokerage.

ZendTrade does state that it provides “managed trading” which should be some sort of a social trading platform where you may follow different traders and copy their dealings. Well-known social trading platforms include eToro and ZuluTrade. However, having in mind all that was outlined – we suggest traders stay away from this shady brokerage.

We urge traders to exclude such risk in trading by only associating with brokers regulated by prestigious regulatory agencies, such as the FCA and CySec, which require compliance with a number of strict rules that give significant assurance for the security of the clients funds.

The segregation of accounts is among the rules which are especially important in the trading world, because it drastically lowers the risk of possible commingling.

Another is the participation in a compensatory scheme by which the client’s losses will be covered in the unlikely case the broker goes bankrupt or attempts to swindle traders.

ZendTrade deposit/withdrawal methods and fees

From the website we couldn’t gather what the available payment methods are for clients. We couldn’t even find any terms and conditions in order to check whether the brokerage has any nasty withdrawal fees in store for potential traders. Such a lack of information is highly typical for scammers since problematic operations can be exposed best by holes in the information they present on their website.

This is why we remind readers of all the ways a trader may test the brokerage’s intentions. Firstly, traders are advised to always put up only the required minimum deposit, instead of risking a bigger amount with no certainty. Afterwards, they may also try to withdraw a small amount in order to check for any unexpected fees or delays. Such fees and delays are usually the signs of a scammer.

How does the scam work?

One of the reasons regulation has such value in the trading world is because scamming is quite common and it acts as a sort of guarantee that such a thing would not happen. Nevertheless, here is how a typical scam would go about:

Through clicking an ad with promises for fast money, you will be redirected to a website such as CashlessPay Group or Crypto Revolt where registration will require you to give your address, email and phone number. After sharing your personal information, you will being receiving calls from brokers, compelling you to invest with them and win big. After a few minutes hearing their pitches, you decide to deposit some $200-250. And just like that – the scammers take a fat commission from this initial deposit.

After they are done with you, senior scammers begin working you into putting even more money. They say it’s the only way to profit from trading even more. After making the mistake of investing even further, you’ll begin wanting to get out of this and withdraw what you have left.

Unfortunately, the con-artists have no such thing in mind. They will now begin persuading you to wait it out and not withdraw right now. The angle here is pretty blunt – traders have a limited time period for filing a chargeback with their bank and get their money back. The “recovery department” will simply want to mislead you into missing thе crucial period and, along the way, losing any chance you might have of getting the money back.

It is important here to take notice that both Visa and MasterCard are taking measures to combat unregulated forex brokerages by classifying all forex transactions as high risk. And with the case of NumerousFX – they are correct in doing so. Furthermore, supporting their intention with clear actions – MasterCard has increased the previous time period of six months for filing a chargeback to a year and a half. Visa is expected to do the same in December.

What to do when scammed?

As was mentioned above, scamming is quite the common in the trading world and, sadly, even you might suffer from it. In such an unfortunate case there still may be some available options for you.

You may contact your bank or credit card provider and file a chargeback.

If, however, you have provided the broker with your credit card details, immediately cancel your credit card.

If you have given information regarding your online banking pass – you should switch it asap!

Beware of potential calls from self-described “recovery agencies”! They prey on scammed and vulnerable traders who are desperate to recover their losses. They will require an “up-front” payment to help you, but after paying them, no such help will be coming your way!

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker!
    Perfect Choice For Beginners and Middle-Level Traders!
    Free Demo Account! Free Education!

  • Binomo
    Binomo

    Honest broker!

Like this post? Please share to your friends:
Binary Options Trading Step By Step
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: