In this review, we are exposing the Leadingpips and show you facts about why it is not safe to trade with them. The platform claim to be run by the analyst, investors, and brokers with great knowledge in the crypto and forex market.
Rachael Kathy, Erick Gersten, and Emilton Martinez are the three individual’s behind the Leadingpips trading company. The Firm claims to be based in Canada and assist thousands of traders to access the online market across the globe.
On their website, Leadingpips.com state that they work with investors interested in investing in Bitcoin mining, trading in forex, cryptocurrency, and binary option. They claim to have studied the digital currency market and developed bots using Artificial Intelligence.
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Leadingpips database updates daily with all trading volume of cryptocurrencies available. The Company uses software to monitor price change, using various strategies, and can work on any online trading site. Leadingpips.com deceives traders to join their million users to earn great profits.
The Company had earlier stated it is based in Nova Scotia. One provincial official said the investment company website raised suspicion and had features of a scam firm. Their claims show red flags. They claim that their accounts are secure and will yield instant profits without any risk.
The Leadingpips.com contact page links are broken. The website has typos for a word like “indices” which is unlikely for a professional company. The investment company changed its location to Fort Smith, Primrose Lane, Canada. Which earlier was Nova Scotia. The website did not include their earlier support phone number or email.
A binary option is mostly seen as a scam by those who have invested online.
The investment company accepts payment using three cryptocurrencies; Bitcoin, Litecoin, and Ethereum. They claim to offer security to their users as they trade.
The platform ultra-low latency network allows users to exit and enter their trade using precision timing. They also claim to grant negative balance protection. Client’s balance will not go below zero. It should raise suspicion as only scam platforms offer this kind of deals.
Leadingpips.com has four types of accounts. All four accounts have a ROI of 15%. The Starters account will give a daily return, which is 10 times paid for 5 days; the minimum amount that one can get is $250. The Silver account investment yields for 5 days for 12 times, the minimal return is $5000.
Normally, Ponzi Scheme Companies like Leadingpips.com will promise outrageous returns to their clients and later exit the market without any trace. They have a Gold level which exists for 8 days, to be paid 16 times, and the minimum return which clients can make is $10000. The Platinum account is paid 20 times for 20 days; the minimum return that users can make is $50000. There is no legit Investment company that has these kinds of rates. Leadingpips.com is just a scam firm.
The Territorial Government asks people to be cautious when trading with investment companies that are not authorized by Northwest Territories. The Leadingpips Company, despite claiming to be located in Canada their website has an old picture of California state business license that doesn’t coincide with any present California’s corporate registry.
The Nova Scotia Securities Commission (NSSC) has added Leadingpips firm to its Caution Investment List. One of the Canadian financial regulator Nova Scotia Securities Commission (NSSC) has flagged Leadingpips as a scam company.
The Northwest Territories office issued a statement confirming that Leadingpips.com is not authorized to trade security in the NorthWest territories. The Investment firm wrongly states to be regulated and licensed in NWT. There is yet to be a complaint made by any member of the public concerning Leadingpips scam.
The NWT could not verify the existence of Emilton, Rachel, or Erik. It is against the NWT jurisdiction to solicit investment operations in the territories without adhering to the security laws or being registered by the Northwest Territories. The Firm has been cold calling people in the region to ask them to open trading accounts. The methodology is similar to scam brokers overseas.
There were new regulations proposed by the Nova Scotia Securities Commission (NSSC) for the Canadian Forex Market. The center of this framework regulation would cover Forex, CFD clarity, and Derivative products.
The Canada Investment Regulating Industry Organization first had to approve the NSSC proposed rules. The IIROC (Investment Industry Regulating Organization of Canada) is the leading regulator on Canadian Blockchain and Forex Markets. These Rules are meant to protect the residence from Scam Investment companies
The proposed new rules will equate to the European ESMA regulations. ESMA protects users from negative balance; the production of binary is banned as well as CFDs leverage restriction.
The Leadingpips.com has received several notices from NSSC to seize their operations. After refusing to obey the request, the Firm was categorized as a scam investment company. It was observed that the Company was advertising false potential profits while also enticing potential clients in Nova Scotia to do business with them.
The above Leadingpips claims made cautious potential customers contact NSSC. The Investors reported the false legal operation of Leadingpips.com advertisement to NSSC. The cases have made the firm dangerous to invest in the blockchain niche.
NSSC, together with IIROC, has made a national wide warning on investing with Leadingpips. It is rumored they have made huge losses of the active ready customers.
The Leadingpips.com has outrageous profits that are linked to its affiliate programs. The Platform users are compensated for inviting new traders. The Affiliate program is meant to increase users in their platform. The clients are also to be rewarded from this package.
For users to benefit from affiliate, they have to refer their friends, family, or colleagues to Leadingpips. The website claims that several people have been able to make profits using this affiliate program.
Customer satisfaction is the goal of any company, and clients should always be put first. The Leadingpips.com has a customer support section on the website. However, the link does not open. If you invest in this Company, it will be hard to solve or answer questions concerning your investment.
You have to deal with your issues individually, and if you encounter any hindrance, there is nothing you can do about it. The Leadingpips lack excellent customer support; this kind of behavior makes them unreliable and a distinct scam firm.
There are Clients testimonials on their experience investing with Leadingpips.com. Ignore the experience of clients not explaining why the investment is sound.
If a deal sounds too good to be probably, it is. Some have reviewed the site to have responsive support, while one can’t reach them at all. The Firm is not transparent, there is no investment company platform that is risk free. There are some losses included in every investment. Don’t believe everything without researching as a company can pay to get fake testimonials
Most of the information available on the Leadingpips website does not add up. There is no solid proof of their claims. Hence, making it hard to label the platform as legit. The info we have compiled makes the website questionable.
Avoid solely depending on Online advertisement to make your investment plans. When investing online, be cautious as fraudulent companies are out there ready to steal your hard-earned funds.
We focus on providing information and accurate knowledge on legit cryptocurrency investment companies and expose heinous websites like Leadingpip.com. Protect yourself from fraud and scam by doing thorough research.
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