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21IncPool Review: Is 21incpool.com a Dangerous Scam?

21IncPool Review: Is 21incpool.com a Dangerous Scam?

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21 IncPool is a platform that is operating illegally. The company majorly deals with Forex and CTDs. Unfortunately, this is another fraudulent company that is after clients’ money. They claim they have the MetaTrader4 interface, which you can use on your telephone or laptop conveniently.

They have a demo account that clients can familiarize themselves with. However, it is essential to note that the projections that you will attain in the demo will be different when it comes to real trading.

The company has an economic calendar, and live rate available for users to view. The shady platform has published several certificates on their website. It shows they have received several awards from various institutions.

Unfortunately, it is all fake, and they want to appear as a credible firm to defraud innocent traders. The company does not have a review, which makes us wonder what 21 IncPool is doing in the market if they are not attracting investors is.

Additionally, we do not know the people who own the platform. We all know the drawback of investing with such entities. Finding a good investment company can be a daunting task that why we have compiled for you a list of reputable Forex companies in the industry that you can use to trade.

21 IncPool Review

The platform has many assets at the disposal of its customers. They claim that they deal with spot metals, digital currencies, commodities, shares, indices, Forex, and futures. 21 IncPool market itself as an Electronic Communications Network (ECN) that its main focus is to increase traders’ experience in various sectors.

Want to make money automatically with Forex, Bitcoin and other Cryptocurrencies, Commodities etc without the risk of trading yourself? Are you ready for self-custody of your investment funds? Do you like the sound of regular consistent results and profitable performance? Tired of the forex and crypto scams, false promises and games out there designed to separate you from your hard earned funds? Stop everything! WorldMarkets is for you! With the WorldMarkets AI Managed Account Services, only YOU are in control of your investment funds. WorldMarkets is a trading platform that uses artificial intelligence to handpick highly profitable and low-risk trades for its users. It also goes ahead to trade for you based on analyzed data. And yea, you guessed right, “it almost never loses”. This is indeed the holy grail of trading. It is much more reliable and profitable than paying gurus to trade for you, mulling over candle sticks or playing the luck game. Using this system, investors and traders have recorded over 30% Returns on Investment in less than a month. And with a 100% compound return, you simply cannot lose with WorldMarkets. All you have to do is sit back, manage your funds and let the AI trade for you. Are you ready to start making aggressive profits regardless of the market’s direction? If you are ready to leave the trading to the professionals and upgrade your monthly income, now is the time, head to WorldMarkets now and choose a plan to start trading. PS: WorldMarkets is a Profitable Forex/Crypto AI Managed Trading Service. 100% Verified and Recommended by Valforex.com.

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The pyramid scheme state that their founder (whom they don’t see the need of introducing to us) perpetually monitors the reviews that they receive to ensure they are always striving to satisfy their clients.

21IncPool Review,21IncPool Platform

The company targets both professional and individual investors. They urge anybody who has any questions to email or calls them for clarification. If you call them, they will make convince you to cash in your money. Ironically they further claim that their reputation outshines them. Unfortunately, the majority of investors have not heard anything in regards to this company.

They claim that they are reliable, and they use up-to-date technology and tools to facilitate their trading activities. Additionally, they boast of offering competitive commission and spread in the market.

Moreover, if you choose to invest with them, your funds will be secure. Sadly, this is the only PR as 21 IncPool is nothing but a pyramid scheme that you should keep off from indulging with them. The only alignment that they have is to meet their selfish desires.

How Does 21 IncPool Works?

The cryptos that you can trade in this shady platform are Ethereum, Bitcoin, and other major currencies that they have not mentioned against the USD. The least ticket size that you can trade is 0.01, and the maximum is 10.

The margin call and contract for all cryptocurrencies are 200% and 100%, respectively. Moreover, IncPool also showcases the currency pair that clients can trade on their website. They have; AUDUSD, EURGBP, EURUSD, GBPUSD, USDCAD, USDCHF, USDJPY, NZDUSD, among other pairs.

The standard leverage that they offer to Forex traders is 1:50. However, they state that they can increase the leverage concerning clients’ relevant results of appropriateness. The company state that they have three data center in London (LD4), Tokyo (TY3), and New York (NY3).

How accurate are these allegations? We are not sure as we could not verify their statement. They talk majorly on the benefits of using Equinix multinational data center, which is not relevant as the information is easily accessible online.

Contact Details and Regulation

21 IncPool is allegedly based in London. Unfortunately, they don’t indicate the actual location. The platform additionally claims that they comply with all legal requirements. They also brag of having top-notch customer support services. You can WhatsApp them via +44 7452385319 or email them at [email protected]

The firm does not disclose the company that is running its operations or its founders. Hence, they are operating on their own without any institution overseeing their activities. We cannot endorse such a shady company to investors.

The company claim that they are both registered and regulated by appropriate financial bodies. On their website, they display their regulatory certificate that indicates they are licensed by Saint Vincent and The Grenadines body to carry out their investment services.

Sadly, the area is well known as an attraction for scammers. Furthermore, acquiring a registration document in the UK is easy and cheap. You need to invest with companies that are regulated by reputable financial watchdogs in the industry.

A platform that has a license from FCA, ASIC, NFA, or CySEC will ensure your funds are secure. In case a platform suffers from bankruptcy, you will receive compensation. Moreover, you will also be sure you are depositing funds directly into the founders’ bank account.

21 IncPool does not meet these standards, and you expose yourself and money to vast risk if you proceed with investment activities.

Investment Plan

The platform has several investment plans that they offer to their clients. They even offer Islamic accounts. They offer spread ranging from 1.6 pips to 1.2 pips. For the Muslim account, the spread you can get is 0.4 pips.

The minimum amount that this company collects from investors is pretty high. For cryptocurrency account, the least you can deposit is 100 Euro, and for Forex is $1000. You can deposit funds using various methods like Skrill, Visa, Neteller, UnionPay, and MasterCard. The platform additionally claims that they have over 80 Forex pair, gold, oil, top 10 indices.

The company has a Multi-Account Manager(MAM), which is suitable for both investors and money managers. The platform does not indicate the cost for this account; they only highlight the benefits that come along.

You will be able to manage numerous master accounts with various strategies, have full control of your account, unlimited client accounts, and you can also monitor performance and commissions in real-time, among others.

Their FIX API accounts lower the execution time for investors who often trade. Additionally, traders can receive a high volume of data in a short time. Furthermore, you will have accessibility to multiple brokerages all at the same time. On top of that, you can also trade flexibly on your gadget automatically without disclosing your strategies to counter-parties.

The Domain Insight

The company was officially registered in July 2017, and its domain is expected to expire in the same month the year 2020. It highly likely the scammer behind this company is based in Haryana, India. They have little traffic coming in their system Alexa global ranks them at 6,051,258. It is currently not known as the area in which they target their victims.

Final Verdict

21 IncPool is a company that has been in the market for almost three years. However, they do not have substantial evidence that they have been performing investment services. We could not find any performance reports or testimonials to show they are the best choice in the market.

The platform is operating anonymously, and investing with them exposes you to multiple risks. It would be best if you ventured with reputable Forex brokerage in the industry that traders have endorsed.

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6 Replies to “21IncPool Review: Is 21incpool.com a Dangerous Scam?”

    1. Please don’t use this broker,very scam broker,cannot withdrawal,if you want submit withdrawal,your account suspended..

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