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ConfortFX Review: Confortfx.com a Terrible Broker

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ConfortFX Review: Confortfx.com a Terrible Broker

ConfortFx is a company that uses false information to trap investors. The entity is dangerous, and it is located in an offshore area. The scheme only wants to make money by exploiting their customers. If their marketers contact you, it is best to refrain from doing business with the entity.

ConfortFx Review, ConfortFx Company

The broker is offering mentorship and training. They want to assist traders in exploiting the market. For those that have any trading questions, the entity urges them to get in touch. The firm states it has been in the market since 1998. This is a fat lie because there is no evidence of past trading records. Additionally, the scheme fails to mention if it existed using a different name.  

ConfortFx is only a few months old. Lying about their history in the industry is very lame. Anybody can research the timeline that a business made its first digital footprint. These minor lies are big red flags that should be taken seriously. The venture wants to convince customers it has offices in Asia, Europe, and America. It is important to note that in all these continents, the scheme is operating illegally.

They even brag about winning several awards in the industry. The entity is determined to grab the attention of its victims. This is an exposed scam that will only lead to devastating results. The broker is trading Forex and CFDs. Investment is not something to rush to; instead, take your time and familiarize yourself with the trading activities. If you research, it will save you from a lot of trouble.

Here is a list of some of the best forex investment companies that have been tested. The venture provides the necessary trading resources. Their client reviews are available on third-party websites, and you will have a glimpse of what to expect.

Confortfx.com Review

Confort FX emphasizes it is one of the leading internet trading entities. The scheme wants investors to believe it has their best interest. As mentioned earlier, this is a dangerous venture. They lack transparency and expose their clients to risks. The broker does not offer fund safety.

They are not working with a top-tier 1 bank. How does this firm claim to have an award for offering the best MT4 and MT5, yet they only avail a basic trading interface? tIt does not make sense. They also claim to be recognized for having the best trading app. This is a bogus entity that provides fluff content.

The investors that will choose the venture are exposing themselves to severe challenges. The people behind the scheme are operating discreetly. Therefore, there is no guarantee of them being qualified. The firm has four trading accounts that you are better off without them.

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The industry is volatile, and choosing the wrong scheme will leave a negative balance in your account. Scammers lose deliberately so that they can make money from exploiting their customers. Take your time and invest wisely.

Trading Conditions

The broker avails a web-based trading platform. The spread to expect is 1 pip which is in line with the market standard.  Their leverage is that of 1:500, which is far beyond what the financial body of the United Kingdom authorizes. The highest a legit venture can offer in the country is 1:30. 

The low leverage helps to minimize the risk traders are exposed to. ConfortFx is using the attractive cap to attract more victims to their website. If you are unfamiliar with forex trading, it is best to get the knowledge fast.

ConfortFx Withdrawal and Deposits

The entity accepts deposits via Visa, MasterCard, Wire Transfers, Bitcoin, Ethereum, Litecoin. Once you make payment via cryptocurrency, you cannot reverse the transaction. 

It is a suitable method that con artists use, knowing that they are safe from being unmasked. If we fail to convince you this is a terrible firm, then use bank card payment options as they allow clients to issue a chargeback from up to 540 days.

ConfortFx is offering bonuses to customers. However, the entity does not disclose the clients’ terms to cash out the amount. Offshore ventures do not plan on giving back users their funds. 

Regulation Status of ConfortFx

ConfortFx is a venture that does not have a license from any reputable watchdog in the industry. The entity is operating anonymously, and this makes us suspect their venture to be shady. The address that the platform provides belongs to an entity that is based in the UK. There is no link between these two businesses. 

Confortfx.com Review, Confortfx.com Features

The broker does not have a parent company. Once the scheme exits the industry, there is nowhere to run to. In the United Kingdom, an investment platform cannot receive a license if it has not deposited 730K EUR. It is an amount that fraudsters cannot afford. Therefore, you are risking a lot when you choose to deal with an offshore scheme. 

ConfortFx can lure you into depositing funds into their scheme. The venture does not offer fund safety. Your account is also not protected against a negative balance. Avoid them and stick to companies that are operating legally. 

Customer Support and Contact Details 

It is funny that this scheme boasts it has a world-class customer support team. However, they do not have any contact details on their website. This is a big red flag. The scheme expects investors to share their contact details and even verify their accounts, yet it cannot disclose its area of operation. 

Moreover, they do not have a customer support team. Therefore, contacting them is close to impossible. The company’s contact page is blank. We could find their email as well. This is a broker that lacks transparency. Clients need to be cautious with them to avoid a data breach. 

Client Testimonials 

The venture claims it has been in the industry for decades. However, they do not have client testimonials raising eyebrows. This is another bluff, and if they are reputable as they claim, we should not be struggling to find client reviews. 

Legit ventures usually offer the best trading experience. Their clients endorse them after a wonderful trading encounter. They also display those that criticize their services and work on improving their system. Scammers, on the other hand, are nasty, and they feature false information. They go the extra mile of availing false testimonials and paying marketers. 

The Domain Insight

Confortfx.com is a firm that has been in the market for a short time. The entity has nothing to show to prove they are worth the take. The scheme was established in June 2021. The domain is expected to expire after one year. Their traffic is also minimal. The information of the founder is hidden from the public. This is a trait that is common with fraudsters.

Final Verdict

Investors that join ConfortFx with the hope of making money are in for a rude shock. This is a clone broker, and it is not in their plan to assist individuals with investment opportunities. Chances that there are actual trading activities taking place in this scheme are very minimal. 

The least amount that investors can deposit is $100. We do not recommend cashing in even a single penny in this scheme. Find a genuine forex trading company that is transparent. You will generate passive income without panicking about your safety.

Are the trading conditions of ConfortFx favorable?

No, this is a platform that is operating discreetly, and they are exposing clients to risky measures.

Is ConfortFx a regulated entity?

No, this is an offshore venture falsely claiming to be from the UK.

Can I make money with ConfortFx?

Onsuletly not, the company is even faking its time in the market to appear reputable.

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