Tradeview247forex Review: Tradeview247forex.com Scam
Tradeview247forex (Tradeview247forex.com) is a false Crypto and Forex broker with the wrong intent. Trade View 247 Forex is claiming to offer zero conflict of interest with no requites. Some investors signed up with the trading platform and are now crying foul. The broker is refusing to allow most of the members to withdraw their funds. And this is proof TradeView 247Forex is another online scam. The platform must be exposed. Read this genuine and honest TRADEVIEW247FOREX Review for more information.
About Tradeview247forex
A look at their about us page reveals a broker who wants to have it all. They even claims to offer Bitcoin Mining on their about us page and not on their homepage. The homepage has no information about Crypto mining apart from digital currency trading. Information regarding the company is still not clear especially their background and trading history. And in the online trading world, it is best to use reputable brokers. With anonymous brokers, funds deposited are far from being safe.
Tradeview247forex is claiming to be an all-round broker major Forex instruments and tightest spreads. Scam brokers will do or say anything to try and make their platform appear legit. A good example is how the broker tries to create a website with copies images. A closer look at their homepage reveals the images are cloned. These scam brokers could not come up with authentic images for their website. The images on their homepage are from other scams exposed on the web.
Assets Index
The broker claims to offer Cryptocurrency and Forex trading instruments. Only the Crypto part is evident as the entire website has no information regarding Forex instruments. Leverage and spread available on the Forex assets is not properly listed. Offshore brokers will create such a website to try and entice American and European investors. And they also add in the fact that they are licensed by the NFA which is a lie.
Award Claims
Tradeview247forex is claiming to have won awards during their trading tenure. Aside from getting awards for their platform, they claim to get accolades for their services. The problem with the statement is no proof of such awards. A real award will have their name engraved on the trophy. These scam brokers use words to entice newbies to sign up. Without actionable evidence, no one should trust a word they say. These scam brokers will claim to have won many awards just to buy trust from investors.
Business Owner
Whoever is behind the platform certainly does not want any recognition. The entire website has no information regarding business owners or company behind it. And this is proof Tradeview247forex is an anonymous online trading platform. Anonymous trading platforms are a huge problem when it comes to online investment. Steer clear of any anonymous trading entity as funds can easily be stolen by the broker.
Domain Details
According to the trusted domain register whois.net, their website is barely four months old. Records show the website tradeview247forex.com was created on 23rd February 2020. And this is a classic example of what is wrong with the website. It is also proof that they hurriedly created the website, thus the cloned images. These are scam brokers who are targeting newbie traders from America.
License and Registration of Tradeview247forex
Tradeview247forex is claiming to be licensed by the National Futures Association. A closer check with the search index of the NFA reveals no such platform exists. These scam brokers have used false claims to try and fool investors. These scam brokers don’t have a valid trading license and are far from being regulated.
The Spanish financial watchdog plans to list the broker on their scam list. Without a proper trading license, anyone who deposits funds with the platform will lose their funds. Unregulated brokers don’t insure funds as dictated by trading regulations. And this is a good reason why everyone should stay away from the platform. These are lousy brokers who don’t care about investors’ well-being.
Limitations of Tradeview247forex
Account Plans
Tradeview247forex is planning to offer three account plans to members. The plans listed include Silver, Gold, and Diamond. These account plans come with no definitive features apart from a profit estimate. And this is where we sense trouble as the broker is guaranteeing members a certain profit margin. Stay away from such a broker as they use high return investments plans to get investors sign up. The broker is clearly up to no good as none of the members has testified of making such profit margins.
Contact and Customer Support
Just like with any other scam, the broker uses a chat bot. The chat bot is used to direct visitors to a professional account manager. The contact details include email and phone number. Scam brokers will sell contact information to third parties. And this is why members are receiving odd product promotions and yet, they never subscribed.
Demo Account
Tradeview247forex is using a demo account as a ploy to entice more investors to sign up. The demo account is not running as a real demo would. Traders sign up expecting to start using the demo account. Once you sign up, the demo account turns out to be a video tutorial. The tutorial only makes successful trades which are meant to show the platform’s success rate. These are scam tactics straight used in various online scams. Stay away from their demo account as it does not offer real insight to the real trading terminal.
Funding Accounts
The platform is unclear on the types of funding account methods are available. What we did was contact a member who revealed they deposited funds through a bank number. These funds did not reflect on their normal accounts as expected. When reaching the broker, the answer given was the funds were in transit. Even today, none of the members has seen a dime once they deposited funds.
Trading Platform
Tradeview247forex is claiming to offer MT4 and MT5 trading terminals to their members. In real sense, the platform is using a cloned trading platform. The platform fails to have DDoS protection and SSL encryption. And this is proof we are dealing with a rogue trading platform. Stay away from the platform or else risk losing your funds.
Safety of funds with Tradeview247forex
The broker is not guaranteeing any safety to funds deposited. With the entire platform lacking proper security software, an attack is imminent. Hackers love attacking such platforms and stealing credit card information. Within no time, the members will find their bank accounts empty. Segregation of accounts is not taking place with the platform. Tradeview247forex is pooling funds in one account. It means members are depositing funds straight to owner’s bank account.
Scam or Legit Tradeview247forex
After viewing the evidence, it is clear Tradeview247forex is a scam. Stay away from the platform and go for approved brokers with a proven reputation. Warn your family and friends from joining any of their affiliate programs. With such a lousy platform, more and more members will continue to become victims. It is our hope that authorities will investigate and shut down the entire website. These are scam brokers who will stop at nothing to get your funds.
Bottom Line
By adding the broker to our scam blacklist, we will protect our investors.
Stay safe when dealing with digital currency trading. Choose recommended brokers that will protect your investment.
And remember to keep reading our reviews and find out more on online trading products and services.
Max
May 26, 2020 @ 2:17 am
Total scam. Name used was Anthony Nicholas Olsen. Avoid like the plague.