Finantik (Finantik.com) is another abashed online Forex scam ripping off anyone who associates with it. The platform is claiming to help investors take their trading to the very top. Other claims posted on their homepage include setting yourself free as you exceed your limits. With such a moving sales pitch, investors have signed up without doing proper diligence. Read this genuine and honest FINANTIK Review and get the whole truth.
Smart investors and traders know for a fact that you need help from experts to get a decent profit margin. And this is why you need recommended and top rated Forex trading robots by your side. With the help of proven and trusted Forex trading robots, your chances of winning increase. Ensure you sign up with above board and dependable Forex trading robots with a strong track record. Reliable and reputable Forex trading robots are a gem to have in the online trading world.
After we received a moving email from one of the victims of this scam, we had to investigate. From what other members are claiming, it is hard to withdraw funds with this platform. No member has been able to withdraw funds as some of them have had their accounts closed. With no reason given, these victims are angry with the fact that they still have a substantial balance remaining. With such a platform on the loose, we have to expose them and ensure investors don’t fall for their trap.
Finantik is another online scam which is operated by online scam artists. What they have done to fool investors into signing up is cloning a real trading website. These scam artists are using information from a real account and copying them to their website. Since most investors don’t do a thorough background, they end up signing up. Thanks to our years of investing and trading, we know how to spot a scam from a mile away. Read this entire review and find out some of the tricks used by Finantik Scam artists.
According to details posted on their homepage, the platform is owned by Pro Star. The company is associated with a number of online scam artists. This is one of the many red flags we spotted coupled with the fact the platform is offshore based. By their own admission, they openly state they are based in St. Vincent and the Grenadines. It is best you stay away from this platform since no offshore broker is ever trustworthy.
👉 Want to make money automatically with Bitcoin and Cryptocurrencies 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! ETBOT is for you! With the ETBOT software, only YOU are in control of your investment funds. The software works using API Key connections that only YOU set up and control. The ETBOT service and mother company EndoTech has been making investors hundreds of percent a year in proven gains since 2012! They use the volatility of the Crypto market to trade long and short using breakout techniques and strategies powered by real Artificial Intelligence. This year so far ETBOT has made over 75% for clients since January 1st, 2020. If you are ready to leave the trading to the professionals and upgrade your monthly income, now is the time, head to ETBOT now and buy your subscription to get started. PS: ETBOT is a Profitable Forex/Crypto Trading Bot. 100% Verified and Recommended by Valforex.com.
Another red flag we spotted is in regards to anonymity. Anonymity is one of the biggest challenges users face with this platform. No one knows the names of the founding members of this platform. It would be ideal if we had the names of the CEO or CFO of Pro Star. With their names, it would have been easier to ask a few questions. Scam artists never want their names to be thrown in public. They fear being located by authorities and victims. Stay away from any anonymous online investment trading platform.
With the platform location in question, we are sure FINANTIK IS NOT LICENSED OR REGISTERED. To confirm our fears, we reached out to various online regulatory bodies search data. Some of the regulatory bodies we contacted include ASIC, BaFIN, CONSOB, CySEC, FCA, and others. None of these well-established regulatory institutions has ever heard or licensed this platform. Whoever signs up should expect nothing but a horror show.
Why has the platform failed to post any details regarding their license or registration number? It is because they don’t have any documents to prove their compliance. A real trading license will post copies of their license certificates for all to see. Once you get to see the documents, you can verify with the right authorities. Scam artists will never post any such details as it is evident with this platform. It is best you stay away from this platform and never sign up with any of their affiliate programs.
Why not use the right experts to guide and help you in matters trading? With an experienced and innovative broker, your trading goals can be easily achieved. Sign up with convenient and dependable brokers who have a proven track record. Start using the right trading partners who have a strong online reputation. Your chances of winning increase with the help of professionals with years of trading experience. What are you waiting for? Sign up with a leading broker today.
We could not find any advantage of dealing with an offshore based platform. The number of complaints is rising as more and more members get their accounts blocked. Communicating with the platform has proved futile as their numbers are blocked. The racket is a well-organized gang which is taking money from anyone who signs up.
Finantik is furnishing users with four account types to choose from. The accounts listed include Classic, Gold, Platinum, and VIP. Classic account is the basic account and goes for $1,000. The features in some of these accounts are almost similar which makes us question the intent. Why would an investor deposit $100,000 and get the same features as one who deposits $25,000. And that’s why you should stay away.
Another disturbing feature with this platform is lack of a demo account. No one knows why the platform has left out this vital feature. Smart investors know that a demo account gives traders information on the platform. No smart investor will deposit funds without testing how the demo account behaves. With a demo account, you get to know the advanced tools available on the platform. You also get to test how fast the platform executes trades. Why the demo account is unavailable remains a mystery.
The disclaimer at the footer of the homepage has banners of related payment methods. Members are depositing funds using bank accounts, MasterCard, and Visa. The problem with this method is that you will never withdraw funds. These scam artists give lame excuses such as a member’s bank is refusing to accept their system. No member has come out with proof of ever withdrawing funds with this platform. You should know better than to sign up with an offshore based trading platform.
According to their platform’s page, they claim to offer MT4 trading platform. A closer look at one of the victim’s portal shows the platform actually uses a web-based platform. The problem with their platform is lack of proper security features. The platform has no DDoS protection or SSL encryption which is a huge security risk. Hackers can easily take over this platform and steal valuable data from members.
When it comes to safety of funds with Finantik, evidence shows security of funds is not guaranteed. With the number of complaints rising, more and more members are losing their deposits to this scam. Damning evidence shows segregation of accounts is not in play. What this means is the platform is pooling funds in one account which is against trading rules. Members are actually depositing funds straight to scammer’s personal bank account. Now you know why to avoid this platform.
Evidence is already on their website; Finantik is a scam waiting to rip off anyone who signs up. Ensure you mark their emails as spam and never click on any links sent by their email marketing team. Whoever signs up with this platform will open themselves up to third parties. Warn your family and friends from joining any of their affiliate programs.
We have no other option but to add Finantik to our scam blacklist.
Stay ahead of the pack by trading in digital currency. The smart move is to sign up with credible and dependable Cryptocurrency trading robots. Your chance to make money starts with having a reliable and reputable Cryptocurrency trading robot.
Wishing all investors a happy and prosperous trading period.
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