Proven (Provencmfx.com) is another Forex scam platform targeting unsuspecting online investors. By purporting to offer a flexible and rich commission, Proven is trapping most newbie investors. And this one of the many reasons we decided to expose this website for their devious activities. Members who signed up a while back are now ruing interacting with this broker for safety reasons. Read this genuine and honest PROVEN review for more details.
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What these scam artists have done is come up with catchy call phrase for investors to fall for. “Accurate decision making brings accurate benefits” is one of the phrases used. Proven is using a rigorous marketing campaign to target unsuspecting online investors. They have also invested heavily in creating a visually compelling website. Thanks to our years of trading experience, we know how to spot a scam from a mile away. Want to know the tricks used by these scam artists?
Empty claims and promises are what makes most newbie traders sign up. And what we have done is come up with a list of what makes this platform a scam. Starting with their obnoxious and unsecured platform to having nonexistent experts, we will expose everything. This is another online trading scam platform ripping off anyone who signs up and deposits. Make sure you read this entire review for a chance to stay away from an awful online trading platform.
These scam artists have taken scamming to a whole new level with cloning original companies. A closer look at their About Us page, you can see why we strongly condemn trading with this broker. To begin with, they claim to be associated with Proven Capital LLC. Other statements used include trading in the NASDAQ trading market. Want to know other fake claims used?
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After a closer look at the website, we have reason to believe they are using fake details. The real Proven Capital LLC Company does not have any trading platform with this URL. And this is why we strongly suggest readers to stay away from this horrific platform. This is an anonymous platform with fake claims of being registered in the United States. Notice how they have not added any contact details on their website? Users are using an email to contact these scam artists, where is their address?
What these scam artists fail to realize is that there are regulatory bodies which license all online platforms. In the United States, the NFA and SEC are bodies tasked with licensing and regulating bodies. Stay away from these scam artists who create websites and fail to reveal their license number. Why have they failed to post any details regarding their license details?
A real and true broker will post copies of their license for all to see. They have no valid license to offer trading services to investors. And this is what makes trading with this platform a risky affair. And this is unheard of with Proven.
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Sadly, we could not come up with any advantage of trading with an illicit platform. Whoever signs up with this platform should expect a rough trading experience. Even if you make winning trades, withdrawing the profits will remain the biggest problem. Most members are complaining of not withdrawing funds with this platform. And this is what makes trading with this broker a mistake.
We could not get any details regarding the types of accounts offered. And this is what makes trading with this platform a real headache. What is the minimum required deposit to start trading with this platform? Stay away from any platform which fails to give users information regarding the accounts on offer.
What we noticed with the bank account used is that the account is classified as a personal account. It means users are depositing funds to a personal bank account. And this means investors are putting their funds to an unknown third party. Stay away from these scam artist before they steal all your funds.
Homepage claims this platform is using MT4 trading platform. To find out how well their platform works, we decided to test it. For a platform to work properly, it has to be compatible with all devices. Sadly, their platform lacks credible security features which put users at risk. And this is as a result of the broker not inserting SSL Encryption on their platform. Hackers can easily take over this platform and steal important data.
Another huge problem with this platform is not having a live chat support team. The problem with emails is that they are one way communication. Scam artists choose which emails to respond to. We have noticed accounts which have sent withdrawal requests using emails have been closed. And this is what makes trading with this broker a serious problem. Stay away from this platform as you need to keep your funds safe. Without proper communication channels, these scam artists will easily take your funds away.
How can funds be safe with a broker who is not licensed? Anonymity is one way of knowing how a broker is planning to steal funds. Stay away from any platform which does not post copies of their licensing details. Where do they bank deposited by members? Dealing with Proven is without a doubt opening yourself to countless security threats.
With all the facts clearly showing we are dealing with a scam, we have to blacklist this broker. Mark all their emails as spam and don’t click on any links sent by their email marketing team. Simply ignore all calls from their agents who harass members with depository requests. Now you know what to expect with this rogue platform.
To protect our readers, we will be adding this broker to our scam blacklist. Stay away from these scam artists or else become their next victim.
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Wishing all investors and traders a lucrative trading experience.
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