Is EuroNext 360 Legit or a Scam?
No, EuroNext360 is not a legitimate firm. They are not able to show their registration or license information on their website. Euro Next 360 does not give an office address or reveal the identity of the corporation that owns the website.
The corporate name is not listed in the Terms and Conditions paragraph either. Although Estonia is indicated as the relevant state, the Estonian Financial Supervision Authority database does not contain a regulated broker using the Euro Next 360 name and domain.
What is EuroNext 360?
EuroNext360 is the perfect example of a scam broker. They do not show any license or their office information on their website. They just mentioned that they have several offices in multiple locations. They don’t even mention their regulatory bodies or registration details.
Euro Next 360 uses conventional-looking web-based trading software. It should be noted that the existence of a trading platform does not imply that the purported broker offers actual trading, nor does it lend legitimacy to this website. To trick their victims into thinking their money is being invested, scammers frequently utilize trading software that has been corrupted.
The fact that no trade conditions were revealed is quite concerning. As a result, neither the maximum leverage that can be used for the trading expenses, such as spreads and charges, are known to us. Bonuses are mentioned, but nothing specific.
EuroNext 360 Details
Regulated by: | Unlicensed and unregulated broker |
Is This Company Safe? | No, absence of registration and have warning |
Known Websites: | https://euronext360.com/ |
Have Warnings from: | Bank of Russia |
Registered in: | Estonia |
Operating since: | 2023 |
Trading Platforms: | WebTrader |
Maximum Leverage: | N/A |
Minimum Deposit: | 250 USD |
Deposit Bonus: | Not available |
Trading Assets: | Forex, Indices, Shares, Futures, Crypto, Metals, Energies |
Free Demo Account: | Not available |
How to Withdraw from This Company? | Payouts do not happen – better contact our legal services for help! |
Deposits and Withdrawals
The industry standard minimum deposit of USD 250 is stipulated by Euro Next 360. However, this implies that you may register a trading account with a reputable and legally licensed forex broker for the same sum of money.
Depending on the payment type, there is a minimum withdrawal amount of $250 and a maximum withdrawal fee of $50. Typically, transaction fees are not assessed by reputable brokers.
Account Types
They offer five types of accounts for their investors. Each account type offers individual kinds of facilities.
Red Flags and Warning Signs
The largest warning sign is that EuroNext 360 does not allow risk-free demo accounts. This means that you have to risk losing real money if you want to test out the platform. Avoid doing it!
The fact that EuroNext 360 is not a registered trading firm is another major red flag. The broker’s website is the only place this entity can be found online. The legal documents refer to Estonia, but most anonymous scammers just reuse that material.
The Central Bank of the Russian Federation (CBR) cautioned local merchants not to invest money in this platform on October 23, 2023, citing it as risky.
Customer Complaints and Negative Reviews
There are several customer complaints against this broker. Most of the complaints against this platform are related to illegal withdrawal holdings and account closing issues.
EuroNext360 Alternative Brokers
After reviewing this broker, we already showed that this broker is not legit and right for investment. We advise our readers to find more legit brokers and alternatives to fund their investments. Here are some other legit alternatives for our readers:
FxPro – Good Instruments and CopyTrading
FXTM – Low Spreads and Competitive Trading Conditions
Tickmill – The best selection of Educational Resources
Got Scammed by EuroNext360? We Help Victims!
It is final that, EuroNext360 is not right for your investment. But, if you already invested with them and get scammed you need to take the necessary steps. If you are not sure what to do, you can fill up the form and get our professionals help. We will provide recovery service recommendations and if necessary legal help.
