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Nobel Trade Review: Nobeltrade.com Forex Scam

Nobel Trade Review: Nobeltrade.com Forex Scam

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Nobel Trade (Nobeltrade.com) is a Crypto Currency and Forex scam broker out to cause some serious damage to traders. NobelTrade is claiming to offer a platform which helps users to start building their capital. With these claims and promises, we had to check this broker out and clarify these allegations. Looking at the comments floating around the web, this broker is stealing from users. Read this detailed Nobel Trade Review.

Nobel Trade Review

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Nobel Trade Review:

As a rule of thumb, we always ask newbie investors to read broker reviews from Forex experts. This will help them get a better view of what to expect with a certain broker and their services. Most of the people who signed up with Nobel Trade did not due their proper research of this broker. Looking at their website, it’s clear why newbie investors would easily sign up with this broker. This detailed and honest Nobel Trade review will reveal tricks used by these scammers.

Fraudsters claim they can help you make money easily and quickly. All you have to do is deposit funds with them and they will do the rest. Is NOBEL TRADE really able to generate easy and quick profits? These are some of the hard questions you should ask before signing up with this platform. Does NobelTrade have any solid reputation in the Forex trading world? Sadly, this broker has no reputation and most industry pundits have never heard of this broker.

About Nobel Trade

What we found odd with Nobel Trade is how they have managed to offer Forex services anonymously. Disclaimer at the footer of their homepage claims this platform is owned by Nobel Trade Investment LLC. This company is apparently based in Luxembourg. This is a total lie as registrar of companies in the region has no company listed under this name. What makes NobelTrade a dangerous scam is how they use fake details to conduct Forex services at will.

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Another disturbing feature with this brokerage is how they fail to mention the founders of this platform. If they can have names of people who claim to have succeeded with NOBELTRADE, why not give founders names. Who are the founding members of this firm?  The answer is NO. Nobel Trade is using fake details to try and hide their real identity. Signing up with a broker who is anonymous is a risky affair, never do it!

Nobel Trade License and Regulation

Disturbing details are emerging this broker is not licensed by any broker on the face of the planet. This means Nobel Trade is operating Forex business in an illegal capacity. Problem with unregistered brokers is trying to track their moves. And this is why Nobel Trade is trying to remain anonymous.

A real broker will post copies of their licensing details for all to see and verify. Why has this broker failed to even post their licensing number? Every broker in the world who is offering Forex services must have a license number. NobelTrade is lacking this vital document which is proof we are dealing with a hoax. Stay away from this broker due to lack of registry.

Account Funding

What these scammers have done is ensure users can make deposits easy and fast. These depository channels include MasterCard, Visa, Wire Transfer, Union Pay, and others. A good reason why this broker has done this is to ensure investors have options to deposit. After all, this is what these scammers want, your hard earned money. This is why depositing funds with any scam product is easy.

Nobel Trade Forex review

Problem with NobelTrade is making withdrawals, after depositing funds no one can withdraw them. And this is what makes this broker a certified scam due to their outright robbery tactics. These scam artists have made sure no one is able to withdraw funds with them. After making a request to withdraw funds, two things will happen. Second, agents will take off and block you.

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Account Types

Nobel Trade is furnishing members with five different account types to choose from. These accounts include Bronze, Silver, Gold, Platinum, and Diamond. Why would a broker ask users to pay back a welcome bonus? It’s insane!

Another disturbing issue we found with this broker is how these accounts match. There’s no notable difference with these accounts which is a weird thing. What is the minimum required deposit to start trading with these accounts? Once you make contact and ask how much each account needs, they will ask for any amount.

Is Security of Funds Guaranteed?

Sadly, this broker does not secure any funds deposited with them. There’s evidence to prove this. To begin with, their website is not SSL encrypted which means even novice hackers can steal funds from them. Another disturbing issue with this broker is how they have hidden management of funds. Which institution do they use to bank money deposited by investors? Is it possible investors are depositing funds straight to owner’s personal bank account? It’ highly possible!

With the accounts in question, we highly doubt this broker segregates them. This means Nobel Trade is pooling funds deposited into one single account. Being an anonymous broker, NobelTrade can decide to close shop and shut down their website. This would in turn mean members have lost their entire deposits. Make sure to stay away!

Is Nobel Trade a Scam?

Clearly, we are dealing with a professional scam outfit out to cause more harm than good. Make sure to avoid this broker by ignoring any incoming calls from their call agents. Mark all their emails as Spam and never click on any links sent by their email marketing team. This is a rotten Forex broker scam platform.

Nobel Trade Verdict

Nobel Trade Broker Review

In order to protect our readers, we must add this broker to our scam blacklist. This will protect readers from signing up and hopefully prompt authorities to investigate. An investigation from authorities will surely shut down this platform. This is the only way to protect all investors from this scary Forex broker.

A proven way of making money is by having skilled professionals by your side. Having experienced brokers with a solid reputation in Forex trading is a big plus. These brokers are known to make realistic profit margins and keep investors safe at all times. Time has come to try out established and Transparent Forex brokers.

Finally, we wish you all the best in your Forex trading experience.

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