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CJC Markets (Cjcmarkets.com) is a CFDs and Forex broker scam that’s stealing from anyone who signs up. CJCMarkets is claiming to offer smart trading every time. What this broker is purporting is delivering highly reliable and easy to use platform. CJC MARKETS is purporting to offer excellent services and a wide range of trading products. With these claims, we decide to investigate and know more. Here’s the full CJC Markets Review.
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Competitive pricing, friendly and secure trading platform are what makes users sign up with this platform. Always ask yourself, is this true? Will this broker really come through with their claims and promises? Lately, there has been a surge of Forex scams and this should be a concern for all investors. Sadly, CJC Markets is no different as this broker is filled with lies and tricks that fool investors. Read on to find the dirty tricks used by this shameful broker.
Making money is all what everyone wants in any type of investment; these scammers take advantage of this need. What they do is come up with a website that’s easy to use and post almost genuine claims and promises. It’s hard for newbie traders not to spot the tricks used by scammers. Problem with Forex scams is that most use the same tactics to lure investors into signing up. CJCMarkets is no different as they have used the same bag of tricks.
When it comes to ownership of this platform, there are no clear details as to the people behind it. What this means is that users are depositing money to an unknown entity. Disclaimer at the bottom of the page claims that this platform is owned by Carrick Just Capital Markets Limited. Scammers will do or say anything to make their platform appear legit. This broker has cloned the actual Carrick Markets Company to try and legitimize themselves.
Financial Markets Authority of New Zealand, where this broker claims to be registered, tells it all. This broker is not owned by the above company. This means that we are dealing with a rogue Forex broker. In most cases, these are professional scam artists who have made millions by scamming people. Use of false information is what makes them appear legit. Anonymity is their tool of trade and investors should be wary of anonymous brokers. CJC Markets is one of them.
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As we said earlier, scammers will do or say anything, including posting fake credentials. Disclaimer at the bottom of their homepage states that this broker is registered by Financial Markets Authority. Doing a quick search on the Financial Markets Authority’s homepage, shocking details emerge. Results clearly reveal that there’s no company licensed or registered under CJC Markets name.
It means that CJCMARKETS is conducting Forex transactions illegally. Anyone who signs up is an accessory to Forex crime and traders should stay away from this broker. Lack of registration credentials is proof we are dealing with a scam.
Documents page has no licensing or regulation documents as one would expect from a real broker. It means that users cannot verify using certificates to know the legitimacy of this broker. Lack of these vital documents is proof we are dealing with another shameful Forex scam platform.
Another peculiar detail we found with CJC Markets is their demo account. This demo account makes over 95% successful trades, even with newbie traders. Problem with this win rate is that it’s not possible even in real life. With prices changing constantly and without warning, there’s no way win rates can be that high. It means that the developers of this platform have rigged the demo account in favor of users. And there’s a reason they do this.
When investors see they are making money with a demo account, next move is to open a real account. And that’s when they fall into the set trap. With a real account, trades are different and investors end up losing money. Worse still, these brokers are in league with other brokers to share the spoils.
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CJC Markets is offering users MT4 trading platform as their preferred mode of trading program. Homepage clearly reads that their platform is secure and easy to use. This broker also claims that the platform offers latest technology. CJCMARKETS also claims that this platform has a lot of useful features. In order to test how well their platform worked, we decided to download it on our devices. Download was successful and problem started with installation.
Installation could not complete which means that their platform is highly unstable. Hackers find unstable platforms as easy breeding ground for data harvesting. All they have to do is take over this unstable platform.
After all the evidence has been gathered, it’s clear that we are dealing with an unsecured platform. CJC Markets is fully aware of this and they are still offering brokerage services. Make sure to stay away from this unsecured trading platform.
When it comes to what really matters when securing funds, segregation of accounts is one of them. Sadly, this broker has no intentions of this and they are pooling funds in one account.. And this is not the end of it; users should not expect any compensation from this broker. CJCMARKETS does not participate in a compensatory scheme which is detrimental with any broker.
Without a shadow of doubt, CJC Markets is a scam that should be shut down immediately. Anyone reading this review should warn their family and friends from signing up with this illicit broker. Ensure you never give out your personal details to any of their agents who call.
Giving this broker our time is enough to add them on our scam blacklist. Hopefully, relevant authorities will look into this and shut their whole operation down. Stay safe and ignore all their pleas to sign up with them. This broker promises heaven only to deliver hell!
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Lastly, we wish you well in your Forex trading experience.
Valforex.com will not be liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity. All trademarks, images and logos that appear on this site are copyrights of their respective owners and have been used under the Act of Fair Use.
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Google Erin Mcclure on facebook. Openly selling CJC investments in India asking money to be deposited
It’s a total scam, it’s their d***y website under the name http://www.cjcmarketsglobal.biz, they will ask you to register first and then the recharge is done through customer service where they will provide you with UPI number or bank card of scammers dealing with this , in return of your bank transfer they recharge your account with dollars, then after they will set a programmer for you to earn arbitrage through their data, ones if it’s done successfully, you will see dollars in your account, but then what happens the programmar will ask you to recharge your account for more money to give you a security code then what , nothing it’s just you have been trapped, but as I am too from cyber cell India, I got hold of each and every scammer account, and raised IPC sections and got them to their knees, and I got my money back , now I am looking forward to get down to each and every scammer to their knees and settle the accounts into 1000% or else they gonna be imprison with heavy charges and jail . So be alert friends against such fast earning trading currency websites, it’s my personal experience, I have a good touch coz the cyber police cell has thrashed each one of them for my recovery, so please be alert and don’t be their next victim.
Hi Sandeep,
Will you help me for this?? I am the victim for this
Hi,
This is sarath from chennai. Could you please help me with your contact number. I am scared about your comment. I have completed almost 80 percent of the process. As you said they asked to recharge another amount to extract fund. What should I do?? I want to recover all the amount.
Could u please share ur contact no.
Sandip dhodi??? Please help us. I am one one the victim
We Need your help, please share your contact number
Please share ur number
Hi sandip, please help me with this
Please share ur number, Please help me I am also got trapped
Please share your contact.
We need your help
Please share ur contact. I am the victim too
Please share sandip dhobi contact
How much did you invest
In total 8.3 Lakhs
Abhijeet , could you please share your number ??
Please share ur contact. I am the victim too
http://www.cjcmarketsglodal.com
I lost 20.000 $
Can u help me out too
Please share your contact number
I am also cheated by them I am very poor man, want to die I lost 7 lakh rupees. Please help if anyone can help.
Sir ..please help me to ..they trapped me also..i am in a big trouble
Please share ur number I am also cheated
CJC Markets
please call for any quires
India
phone no-9545362375