TaureneFX Review: Taurenefx.vip Adrift Forex Scam

TaureneFX (Taurenefx.vip) is an abysmal Crypto Currency broker who’s trying to steal funds from unsuspecting online investors. Taurene FX is claiming to be located in the U.K which is a total lie. Dealing with anonymous brokers will most likely end up in a long battle over withdrawal of funds. After receiving numerous email complaints from members, we decided to investigate. Read this detailed and honest TURENEFX review for more details.

Advantages of Autopilot trading robots

Here are the pros of using dependable and tested cryptocurrency trading robots. These robots offer much in terms of better positioning yourself.

• A high success rate

With these robots, members should expect to get a high success rate than using manual traders or even crypto trading brokers.

Records indicate that the recommended cryptocurrency trading robots make over 85 percent in ROI.

And that means the robots will hit the set target with ease unlike humans who are prone to errors and performance issues.

• Easy to apply and use

When you get started with reputable trading robots, it becomes easier to use them than conventional methods of trading.

• Is it easy to use the robot?

Ease of use should be the first consideration when choosing a reliable automated trading robots. You want a robot you understand.

And this ensures the traders have a better chance of enforcing their strategies and increase the overall performance.

• Is the robot transparent?

Transparency also plays an integral part in deciding the best robot to go for. You must choose a transparent robot that gives accurate data.

Please check and confirm if the data provided by the robot is accurate and matches the market’s values.

• Is there a demo test for the robot?

Traders must test the robot before developing them in the live trading sessions. It gives you an idea of what to expect with the robot.

Platforms such as MT4 allow for backtesting and gives traders the chance to set their preferred trading parameters.

• Best in class

These recommended robots are best in class and offer investors the best way of investing in crypto and volatile markets.

The robots have been tested and proven to offer the best in terms of accuracy and overall efficiency in terms of crypto trading.

When dealing with Crypto Currency, the best way to stay safe is using credited Crypto trading tools. Dealing with dependable and genuine Crypto Currency trading robots will lead to success. Make sure to go with industry leading and tested Crypto Currency trading robots. For more details, sign up with Crypto Currency trading tools trusted by experts. Start making realistic profit margins today with formidable and transparent Crypto Currency trading robots. Time is now!

TaureneFX Review

Most members are crying foul over what they claim to be a ruthless support team. Before signing up, everything seemed rosy as users were enticed to sign up. By receiving numerous calls from their agents, it seems TaureneFX was the real deal. After signing up and depositing funds, members could not hear from this broker again. As it turns out, some accounts were closed which was odd. Why would a broker close accounts while funds were still in them? Read on to find out more.

Why are investors falling for this scam? Newbie investors fall for these traps for a number of reasons. As a rule of thumb, make sure to be conducting a thorough investigation before signing up with any broker. Online investment platforms are at times a risky affair especially if not properly researched. Dealing with this broker is going to be a ride straight from hell. Make sure to go for brokers who have been tested and trusted by the trading community. TaureneFX is a scam.

About TaureneFX

CFSUM Ltd is the mother company claiming to own this company. CFSUM LTD is not registered anywhere on the face of the planet. We confirmed this after looking at various company registrars. What seems to be a Crypto Currency brokerage site is turning out to be a big scam platform. Other notable red flags include level of anonymity with this broker. Who are the founding members of this platform? Can we get names of people running the affairs of this website?

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Lack of these vital details is proof we are dealing with a shoddy broker. Anonymity is a dangerous tool to have especially now with hackers being around. Make sure to stay away from brokers who have been cited as scam artists by trading experts. Reading reviews is a good way of ensuring newbie traders know what they are getting into. CFSUM Ltd is based in Marshall Islands meaning they are offshore brokers. Offshore brokers are notorious for breaking industry regulations and rules, stay away!

Is TaureneFX Licensed or Registered?

Being an anonymous broker, having a license is out of the question. TaureneFX is not licensed or registered by any known regulatory body. In order to confirm their status, we checked with known regulatory bodies. Some of the regulatory bodies we looked at include ASIC, CySEC, FCA, and NFA. None of these international regulatory bodies have any indication of ever licensing Taurene FX. Make sure to stay away from unauthorized brokers for safety reasons.

Why have they failed to post any licensing number on their homepage? Another perturbing issue with this platform is lack of proper credentials. A true broker will post copies of their licensing certificates to try and prove legitimacy. Why have they failed to post any documents on their legal page? Something is off with this broker making them totally untrustworthy. Stay away from this platform or become their next victim. Members are ruing after signing up with this broker.

Having credible and dependable Forex brokers by your side is the right call. Going for brokers with a proven reputation will keep you safe at all times. Dealing with industry leading and credible brokers will lead you to success. Go for Forex brokers who have been given the backing by trading community. Accurate and approved brokers will ensure to help you achieve your trading goals. Make sure to sign up with effective and formidable brokers at all times.

Disadvantages of TaureneFX

Personal Broker

As we said earlier, TaureneFX is claiming to offer an unmatched trading experience. After receiving calls, members are promised a personal broker who they claim is an expert. In order to get a personal broker, users must deposit a certain amount of money. Personal brokers are used as a decoy to try and make this platform appear professional. What these personal brokers do is constantly call you and ask for more deposits. Why can’t they help with the trading process?

Juliet claims she would be called twice a day by her personal broker. She was asked to deposit more funds so as to earn a huge profit margin. Trusting her funds with her personal manager has led her to lose over $5,000. After trying to contact her personal manager, her calls went unanswered for a while. Later, she tried to log in to her account only to find out it had been closed. With no explanation given, it seems Juliet was another victim of this crude and vicious broker.

Identity Theft

Sadly, we believe this is an arena for identity theft. Why would a broker ask for details concerning bank account statements? Why would they require two copies of your ID and driving license? Professional scam artists will ask unsuspecting members of the public for their identity documents for one reason. They want to use these documents for other illegal activities such as creating new personas. It seems TaureneFX is in league with hackers to steal personal data.

Account Funding

TaureneFX is asking for bank wire transfers which are untraceable. It means once you send money, tracing the funds becomes next to impossible. Dealing with such brokers is what makes trading with an unlicensed entity a risky affair. After depositing funds, this is the last you will hear from these scam artists. Make sure to ignore all their calls to fund any of the accounts. We are dealing with a certified professional scam outfit.

Are funds safe with TaureneFX?

A huge problem with unlicensed brokers is security of funds. How can funds be secure from a broker who is anonymous? Make sure to stay away from these brokers for obvious reasons. Is it true they offer protection against DDoS attacks? How can a broker offering trading services fail to secure their website? Lack of proper security measures is proof funds are not secure.

Another troubling issue we found with this broker is in regards to segregation of accounts. It seems TaureneFX is merging assets in one account which is not legal. According to Forex laws, pooling funds in one account is unlawful. In case this broker faces insolvency, all assets will be lost. TaureneFX is not insuring funds as stipulated by trading laws. In case of bankruptcy, members should not expect any compensation from this broker. Stay away from Taurene FX.

Is TaureneFX a Scam?

After looking over evidence we have, proof is overwhelming, TaureneFX is a scam. Make sure to avoid this broker by ignoring any of their marketing tactics. Mark all their emails as spam and don’t believe any videos sent.

Bottom Line

In order to protect our readers, we are adding this broker to our scam blacklist. Protecting our readers is our duty and we have to do so. Stay clear of this illicit platform.

Another proven way of making stable profits is dealing with trusted Forex trading tools. Tested and vetted Forex trading robots are a safe way of earning stable profits. Time to make money is now with dependable Forex trading robots.

Wishing all investors a safe trading experience in any market.