Is Eternity Wealth Legit or A Scam Broker?

Considering this broker for your online trading needs? Think again. This Eternity Wealth broker review will reveal why this platform is a scam broker review and should be avoided at all costs.

This platform raises numerous red flags that scream scam broker reviews. Here’s a breakdown of the key reasons to avoid them:

• No Regulation: A legitimate broker requires a license from a reputable financial authority. This broker lacks such licensure, making them an unregulated and untrustworthy entity.
• Shady Ownership: This platform claims to be owned by Advertising.R, a company supposedly based in Bulgaria. However, this company isn’t registered with the Bulgarian Financial Supervision Commission (FSC) or any other EU regulator. This points towards illegal operations within the European market.
• Withdrawal Issues: This firm throws up roadblocks when it comes to withdrawing your funds. They impose a 10% withdrawal fee unless you meet an unrealistic minimum trade volume requirement. This tactic is a clear sign they aim to make money off your deposits, not your trading success.
• Conflict of Interest: This platform acts as a market maker, profiting from losing trades. Offering to manage your trading strategy creates a major conflict of interest. They have an incentive to manipulate trades for their own benefit, not yours.

What is Eternity Wealth?

Eternity Wealth presents itself as a broker offering a wide range of tradable instruments, including forex pairs, CFDs, cryptocurrencies, and various account types. However, beneath this facade lies an unregulated platform with deceptive practices.

Eternity Wealth Details

Deposits and Withdrawals

Deposits with Eternity Wealth seem straightforward, offering various payment methods. However, there’s a catch. They appear to favor Bitcoin deposits, making it harder to recover funds in case of a scam. As for withdrawals, expect significant challenges. The hefty 10% withdrawal fee and unrealistic minimum trade volume requirement make it nearly impossible to get your money out.

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Account Types

Eternity Wealth offers three account types: Standard, Gold, and Platinum. The minimum deposit increases with each tier, but none offer any real benefits considering the underlying scam.

Red Flags and Warning Signs

The red flags with Eternity Wealth are numerous and impossible to ignore. Here are some key warnings:

• Unregulated Broker: This is the biggest red flag. Without regulation, your funds are at risk, and there’s no recourse if things go wrong.
• Hidden Fees and Charges: The exorbitant withdrawal fee and potential manipulation of bonus terms are clear signs they prioritize taking your money over your trading success.
• Unrealistic Promises: Guaranteeing successful trading strategies is a blatant lie used by scammers to lure unsuspecting victims.
• Lack of Transparency: The unknown ownership and third-party platform provider raise serious doubts about Eternity Wealth’s legitimacy.

Customer Complaints and Negative Reviews Online

A quick online search will reveal numerous Eternity Wealth scam broker review complaints. Customers report issues with withdrawals, hidden fees, and unresponsive customer service. Don’t become another victim of their deceptive practices.

Eternity Wealth Alternative Brokers

Instead of risking your hard-earned money with Eternity Wealth, consider reputable and regulated brokers. Look for brokers licensed by top-tier financial authorities like the FCA in the UK, CySEC in Cyprus, or ASIC in Australia.