247SmartFX (247smartfx.com) is a cruel Crypto broker out to rip off anyone who signs up. 247 Smart FX is another shocking platform which is ruining the lives of users who sign up. 247Smart FX is simply out to cause havoc in the lucrative Crypto trading world. After signing up, members are now crying foul over what’s happening with this broker. Make sure to read this detailed 247SMARTFX review for more.
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Most members have been crying foul over what has been happening with some transactions. After depositing funds with this platform, broker has been blocking some of these accounts. What is really happening with this broker? In order to find out, we decided to conduct a detailed expose to let people know everything regarding 247SmartFX. Why do newbie investors fall for rogue brokers? Lack of proper research is to blame for signing up with fake brokers. Read this review and find out dirty tricks used by this broker.
After landing on their homepage, we found a reason why this broker is able to entice members. Professional scam artists have been cloning websites to allure newbie investors to sign up. 247SmartFX is no different as they have thrown empty claims and promises to attract investors. A claim of offering 30% welcome bonus is one way to entice users to sign up. Is this really the case with 247 Smart FX? Stay away from any broker who offers an insane welcome bonus margin.
According to the disclaimer at the footer of their homepage, Game Capital Ads Limited owns this platform. A huge problem with this statement is company in question claims to be based in Frankfurt, Germany. What we found odd is this very company has been used in other known Forex related scams. Game Capital Ads Ltd has been associated with scam products such as ProCapitalFX and 360SmartFX. Stay away from any broker who is related to this platform.
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Another shocking issue with this broker is level of anonymity. How can such a broker be totally anonymous? Why have they failed to give names of founding members? What about name of people running this platform? Isn’t it wise to know the actual people who are handling your funds? Signing up with an anonymous platform is a huge problem and should be ignored. Anyone who signs up with 247SmartFX is going to lose all their funds, no questions asked.
Dealing with an anonymous broker is cause for alarm. After checking with major regulatory bodies, it’s clear 247SmartFX is not licensed or registered. Some of the regulatory bodies we contacted include CySEC, ASIC, NFA, and FCA. These regulatory bodies have never heard of 247SmartFX. In fact, CySEC just released a press statement warning investors from signing up with 247SmartFX. Dealing with any unregulated broker means funds are never safe. It also means investors are probably dealing with an offshore broker. Offshore brokers should not be trusted.
Why has 247SmartFX failed to post any details regarding licensing or registration certificates? A real broker will post copies of their certificates to prove authenticity. Stay away from any broker who fails to offer any real credentials. Dealing with this broker is associating with an unlicensed platform. Unlicensed brokers are a huge security risk especially when it comes to claiming funds. 247 SmartFX is not licensed or registered.
A proven way of making money is with reliable and reputable Forex brokers. Experienced and skilled brokers will help keep you safe at all times. Make the informed decision today and sign up with brokers who have been credited by trading community. Make sure to sign up with brokers who are credible and dependable at all times. To have a safe and successful trading experience, sign up with approved brokers.
Depositing funds with this broker is easy and fast. Scam artists ensure depository channels are available at all times. Users can deposit funds using AstroPay, Neteller, Maestro, MasterCard, Skrill, and Visa. As you can see, most of these depository channels are easily available to anyone, anywhere. Investors are warned not to deposit any funds before reading this full and detailed 247Smart FX Review.
Withdrawing funds with 247SmartFX is what is making users have a bad time with this platform. No member has been able to withdraw funds using this platform. Anyone who signs up with this broker should not expect to make any withdrawals. Members have been having a hard time trying to reach this broker. Stay away from this brokerage firm as it’s a way of enriching scam artists.
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247SmartFX is alluring users with four different account types to choose from. Accounts in question include Standard, Classic, Gold, and Premium. After taking a closer look at some of these accounts, we noticed some discrepancies. A standard account holder does not get live chat support which is weird. How can a broker block members from assessing this vital feature. Live chat helps users to ask important questions which need live and quick answers. What is going on here?
Another issue we found disturbing with this broker is lack of personal reports on stock market. It seems this broker is deliberately hiding information from members of a certain criteria. And this is where a huge problem lies. Premium account holders are promised to have viable trading information. In return, Premium account holders must deposit a whopping $50,000 in order to start trading. Professional scam artists will promise you heaven, but only after you deposit an insane amount of funds.
Make sure to sign up with Forex brokers who will guarantee your safety when trading. Why have they failed to give users banking details? Did you know members are funding personal account of owner of this platform. Stay away from this broker.
What about segregation of accounts? Another perturbing issue with this platform is merging of assets in one account. Why are these brokers pooling funds in one account? When a member signs up with a broker who is putting assets in one account, caution should be taken. In case of bankruptcy, users will lose all their assets. Dealing with a rogue broker is what makes trading a risky affair.
Evidence clearly shows we are dealing with a scam platform. From lack of proper licensing to company being blacklisted, 247SmartFX is a total scam.
Protecting our readers is our foremost duty, adding this platform to our scam blacklist will aid in this. Stay away from this platform.
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Wishing you a safe trading experience.
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