Extrasum (Extrasum.com) is a CFDs and Forex scam that must be exposed to investors. This hideous broker has swindled hundreds of people. Lately, we have been receiving complaints from people all over the world who have lost money. And this is why we conducted a thorough and detailed review of Extra Sum. Don’t sign up with this brokerage firm until you get to read this review. Find out the truth!
In all of our reviews, we always ask investors to read what other experts are saying about a broker. This helps you determine whether the broker is legit or not. Extrasum has gone a step further by creating a user-friendly homepage. This is the first step of making sure newbie investors get enticed and glued. And the process of trapping investors starts there. Don’t be fooled by the homepage, there’s more than meets the eye.
After making sure you will love the homepage, they will throw in some promises. Extrasum has not been left behind by throwing in some pretty huge promises. These promises include making investing easier, custom stop out, and investing without trading. According to the website, once you invest with Extrasum, you can earn without trading. GAMM investment group is the place where traders will make money for you.
Best thing to do when trading Forex is having Reliable and Reputable Forex Brokers by your side. A Forex Broker who is Dependable and Genuine will ensure you trade safely and with ease. Sign up with a Forex Broker who will guarantee a Comfortable trading experience. These Forex Brokers come highly recommended and are a sure way of making money. Start trading with Forex Broker professionals by your side.
According to the disclaimer at the bottom of the page, this brokerage firm is owned by Extrasum Inc. This company is registered in St. Vincent and the Grenadines. By their own admission, this means that they are an offshore brokerage firm. Offshore brokers are notorious for flaunting industry rules and regulations. This is why we are up in arms against investors signing up with this broker.
? 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.
Another red flag that we must mention is that we don’t know who actually is behind this company. This means we don’t know the CEO or any Board members of this company. Having to put a face on the ownership would have made verification easier. Sadly, these people don’t want to be contacted. And this is one way to know that we are dealing with a professional scam outfit.
Being an offshore broker, we are sure that this Forex broker hasn’t used the right channels for registration. Registration number that they have used is just a gimmick to try and legitimize their platform. Registration number 24360 IBC 2017 is nothing but random numbers and algebra. Registrar of companies in this country does not use such algorithm to give companies registry. This is when we realized we are dealing with a Forex scam.
Why haven’t they posted any registration documents in their homepage? Simply because they don’t have any papers to back their claim of registry. Folks, we are dealing with a Forex scam that should be avoided at all costs. Note that they don’t even a phone number that we can reach them on their main homepage? As we said earlier, scammers will always want to avoid any personal contact.
Another red flag that we spotted is the use of a rigged demo account. If you notice carefully, demo account makes over 90% successful trades. This is simply a ploy to trap investors into believing they can really win with a real account. This trick is used to entice members into signing up with a Real account. Folks will want to try out the success in demo account with a real account.
A real account is different since you will be using your hard-earned cash. This is one of those tricks that only professionals can spot. Sadly, most victims have fallen prey to this scam and surely, this must stop.
There are numerous fake claims that are posted on their homepage. Some of these claims are simply lies. How can they guarantee that you can make up to $5000 every month? Fact that they are guaranteeing this is what makes us question their legitimacy. Just like any market. The Forex market is always prone to unforeseen changes. These changes may occur due to political reasons, Boardroom wars, and others. Prices will change without warning.
How then can they guarantee $5000 every month? This is another empty promise that these scammers are making to try and sign up people.
At all times, go for Genuine and Honest Forex trading Robots that help you make Realistic Profit. Accurate and Authentic Forex Trading Robots are available just for you. These Forex Robots have been Proved and Vetted by the Trading community. Why don’t you sign up with Forex brokers who will keep you safe? This is a proven way of making realistic profits with Forex trading.
This being an offshore broker, its safe to say that your funds ARE NOT SAFE with Extrasum. How can they be? Fact still remains that we don’t know who actually owns this platform. It could be a front for drug traffickers or funding terrorism. This is one of the many reasons that we don’t believe funds are safe. Extrasum does not segregate accounts. What this means is that money is funded into one account.
Sadly, all members could be depositing money straight to the owner’s personal bank account. There’s no way of proving otherwise. Also, Extra sum does not participate in any compensatory scheme. This is why newbie investors should not sign up with Extra sum.
Extrasum offers clients five types of accounts to choose from. These accounts are Nano, Micro, Standard, Raw Spread, and Managed. Minimum required deposit is $25, $100, $500, $1000, and $25000. This means that we are dealing with a broker who is targeting all types of investors. Best thing is to stay clear from this broker.
What they have posted on their homepage is pure lies. Secure deposits and fast withdrawals are not true. Only thing that these scammers got right was depositing. When it comes to depositing, process is fast. Withdrawing money is the biggest problem as no member has been able to withdraw money using this broker.
Extrasum is indeed A SCAM that must be taken down by relevant authorities. Make sure not to sign up with this broker. Mark all their emails as Spam and never click on any links sent by their email marketing team. If you follow these steps, you will remain safe and have a chance of making money with real brokers.
Evidence produced leaves us with no other option but to blacklist Extrasum as a Forex scam. All investors now know that this is an offshore broker. They will never allow members to withdraw their money.
At all times, signup with Trusted and Tested Forex brokers who are Vetted by the trading community. This is a sure way of remaining safe when trading Forex. Remember to always use Recommended and Verified Forex Brokers who are Reputable and Recognized. Stay safe while trading Forex.
Help Us Fight Scams. Please Donate to Support Our Work. No Amount is too Little or too Big. Thank You..
February 8, 2019 By Ghazanfar
The phrase ‘Necessity is the mother of invention’ seems true for Iran. This is because Iran has unveiled its own...
February 8, 2019 By Ghazanfar
In spite of long bear market, Bitcoin transactions per day are increasing. Today the level of these transactions has touched...
February 4, 2019 By Ghazanfar
Although bear market in crypto world is extending, yet many fiat currencies are facing the threat of destabilization. This is...
February 4, 2019 By Ghazanfar
In spite of mix signals from the cryptocurrency world about the future of cryptocurrencies, many countries are planning to test...
February 3, 2019 By Ghazanfar
The idea of Bitcoin adoption as an international currency is not at all new. Over the years, many financial experts...
February 2, 2019 By Ghazanfar
Bitcoin’s entry into the longest ever bear market in history is one of the most burning issues of today. The...
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… Read More