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6iTrade Review: 6itrade.com Bandit Forex Scam

6iTrade Review: 6itrade.com Bandit Forex Scam

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6iTrade (6itrade.com) is another brutal and cunning CFDs and Crypto broker with the intent of stealing funds. 6i Trade is claiming to be an innovative, impressive, international, and inspirational broker. After checking out their claims and promises, we decided to investigate this broker. Complaints sent by members have also played a huge factor in conducting a research on this broker. Read this detailed and eye opening 6ITRADE review for more.

6iTrade Review

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6iTrade Review

Some of the members who have lost money with this broker are angry for a reason. At some point, they asked to withdraw funds and the broker did not grant this request. What ensued was a long battle which ended with members losing their entire deposits. How can a broker refuse users to withdraw their funds? It seems 6iTrade is simply filling their pockets with investors’ funds. A broker such as this is nothing but an online scam platform. Want to know more about the tricks used? Read this honest and point blank review to get the full description of this broker.

After visiting their homepage, it’s clear why users are falling for this broker. With a website which is well designed, newbie investors will easily fall for it. Scam artists ensure they create a compelling website which is easily enticing to the eye. Their main aim is to make sure visitors easily believe what the website is selling. After going through their website, there’s disturbing details we found on the website. Want to know how scam artists tricks unsuspecting online in investors?

About 6iTrade Review

In order to understand the depth of which this broker has gone to scam artists, there’s no mentioning of names. Who are the real owners of this brokerage site? Can users get to know the founding members of this platform? Is it possible to get the details of the company which owns this website? These are some of the shocking details we found out with this broker. There’s simply too much anonymity for us to trust this broker. Anonymity is a dangerous tool in any online investment opportunity.

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Disclaimer at the footer of the homepage claims this platform is owned and operated by 6iTrade Group Ltd. After sieving through different company registrars, no details produced results of this company. It means 6iTrade is operating under a false pretense and under a false name. Why would a real broker have no tangible address? Only scam artists have the audacity to create a platform with no real address. What they are hoping is no one notices this flaw. Luckily, we did!

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6iTrade License and Registration

A real and true broker will post their licensing and registration details for all to see. Why has this broker failed to post their licensing details? Disclaimer at the footer of the homepage is where licensing details are usually posted. Another place to look for their licensing details is on the legal document’s page. They are claiming to be licensed by the Vanuatu Financial service commission. Is this claim true? By checking with this regulatory body no details emerged regarding 6iTrade.

These scam artists have posted a fake license number which is not new. Scam artists will do or say anything to make sure their products and services appear legit. Problem with this broker is how they didn’t count on the fact; we would try and verify their licensing claims. By checking with all regulatory bodies, results showed no broker registered with this name or number. 6iTrade is nothing but a well thought professional scam. Make sure to stay away from this platform

Account Funding

What these scam artists have done is ensure depositing funds is easy and fast. When it comes to funding accounts, there are notable depository channels made available. Depository channels include MasterCard, Neteller, Skrill, Visa, and others. Why has this broker made depositing funds easy and fast? They don’t want any investor to have excuses as to why they can’t fund their accounts. Make sure not to deposit any funds with this broker, this is a well laid trap.

6iTrade Broker Review

Withdrawing funds with this platform is what most members are having problems with. Once you fund the accounts, withdrawing funds becomes next to impossible. These scam artists have ensured no member will make withdrawals. In most cases, members are given excuses as to why they can’t withdraw their funds. Excuses such as members not reaching the required trading volume are being thrown to users. Make sure you don’t open an account with this platform or risk losing your entire funds.

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Account Types

6iTrade is offering two different account types for members to choose from. When it comes to how these accounts work, this is where members should be careful. Accounts mentioned are 6iSpread and 6iCommission and disturbingly have similar features. Why would a broker offer two accounts with the same features? And this is another problem members will encounter with this broker. Make sure to check the features of accounts before signing up with any broker.

These accounts are merely used to entice members to sign up. It seems this broker is targeting European investors which is not new. Scammers will make sure to attract users by offering insane account features. What this broker is looking for is lining their pockets with investors’ funds. Take the time to check what the account types you choose will do for you. If the accounts offer the same features, stay away. this is nothing but a scam platform waiting to pounce on unsuspecting investors.

Are funds secure with 6iTrade?

How can funds be secure with a broker who is based offshore? It’s scary to think users are depositing funds with an unlicensed broker. What has been bugging our minds is how 6iTrade is flaunting set industry regulations and rules. When it comes to securing your funds, this broker  is not going to safeguard funds. Their own website is not SSL encrypted which means hackers can easily gain access funds. Why have they failed to reveal how they handle funds deposited by investors?

Our investigation reveals users are depositing funds straight to owner’s personal bank account. It means 6iTrade is pooling funds in one singular account. According to the rules set, this is a very dangerous practice. It means 6iTrade is putting all assets in one account which can be lost easily. Bankruptcy and insolvency are one of the main causes of losing funds especially if assets are in one account.

Is 6iTrade a Scam?

Without a shadow of doubt, 6iTrade is a scam waiting to steal funds from anyone who deposits. In order to stay safe from this broker, make sure to ignore all their calls to sign up. With lack of proper licensing, this broker is looking to fill their pockets with your funds. Ignore all their calls to sign up and mark all their emails as Spam.

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Bottom Line

6iTrade Crypto and Forex Broker Review

We strongly condemn signing up with this broker. Stay away from their affiliate programs as they too are a scam led initiative.

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

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