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Against Scam Broker's Scam Broker Review: A Detailed Look at Their Pros, Cons, and How to Recover, sccam, scam review, 2023, is a forex and CFD broker that was founded in 2021. The company claims to be regulated by the Financial Services Authority (FSA) of Seychelles, the Financial Services Commission (FSCA) of South Africa, and the Vanuatu Financial Services Commission (VFSC). However, there are several red flags that suggest that is a scam broker.

    Company Overview is a privately held company with its registered address in Seychelles. The company does not have a physical office, and its contact information is hidden. This is a common practice among scam brokers, as it makes it difficult for regulators and law enforcement to track them down.

    Does Have Any License?, sccam, scam review, 2023, claims to be regulated by the FSA of Seychelles, the FSCA of South Africa, and the VFSC. However, these licenses are not as reputable as they seem. The FSA of Seychelles is a relatively new regulator, and it has been accused of being lax in its oversight of forex brokers. The FSCA of South Africa is also a relatively new regulator, and it has been criticized for its lack of resources. The VFSC is a well-respected regulator, but it is not as strict as some other regulators, such as the Financial Conduct Authority (FCA) in the UK.

    Is Regulated By Any Authority?

    In addition to the licenses mentioned above, also claims to be regulated by the International Financial Market Relations Regulation Center (IFMRRC). However, the IFMRRC is not a real regulator. It is a self-regulatory organization that is not recognized by any major financial authorities.

    Pros and Cons


    • Low spreads
    • High leverage
    • Multiple account types
    • A variety of trading platforms
    • Educational resources


    • No FCA or CySEC regulation
    • Hidden contact information
    • Lack of transparency
    • Negative reviews from former clients

    How Does Reach To Their Prey? uses a variety of methods to reach out to potential victims. These methods include:

    • Running ads on social media and search engines
    • Offering free trading signals and webinars
    • Cold-calling potential victims
    • Using affiliate marketers to promote their services

    Technical Details

    Minimum Deposit:

    The minimum deposit requirement for is $200.

    Trading Platform: offers a variety of trading platforms, including MetaTrader 4 and MetaTrader 5.


    The spreads offered by are variable. The average spread for EUR/USD is 1.0 pip.


    The maximum leverage offered by is 1:1000.

    Packages and Products They Offer offers a variety of packages and products, including:

    • Standard account
    • Pro account
    • ECN account
    • Islamic account
    • Copy trading account

    Withdrawal and Deposit Method offers a variety of withdrawal and deposit methods, including credit cards, debit cards, wire transfers, and cryptocurrencies.

    What Do Their Previous Traders Say?

    There are a number of negative reviews about online. These reviews allege that the company is a scam and that it has refused to allow clients to withdraw their funds.

    Summing Up- Why Should Not You Trust

    There are a number of reasons why you should not trust These reasons include:

    • The company is not regulated by any major financial authorities.
    • The company has hidden contact information.
    • The company has a poor reputation online.
    • The company has been accused of refusing to allow clients to withdraw their funds.

    If Bad Things Happen, Where Can You Get The Quick Solution? (Our Part)

    If you have lost money to, you should contact us alongside report the scam to the above-mentioned regulators. We will provide you with a free consultation and service recommendations to help you in recovering the lost fund.

    File A Complaint Against Scam Broker's

      Final Thoughts is a scam broker. The company is not regulated by any major financial authorities and has a poor reputation online. If you are considering trading with, we recommend you reconsider. There are many reputable forex brokers out there that you can choose from.

      You Can Read Our Other Scam Reviews

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      Kenneth Williamson

      Kenneth Williamson serves as the primary news writer at BCA, bringing his expertise in online marketing to produce high-quality industry coverage. His unwavering commitment to helping individuals and businesses succeed in the digital realm is evident in his writing. Additionally, Kenneth provides top-notch technical SEO and copywriting services to businesses of all sizes.

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