Geminipros is a purported cryptocurrency broker that is headquartered in the United Kingdom. However, it is important to note that this company is not a legitimate broker and is, in fact, a scam.
There are a number of reasons why you should not trust Geminipros. First, the company does not have any valid licenses or regulations. Second, Geminipros has a very bad reputation among traders, with many people complaining of being scammed by the company. Third, Geminipros offers unrealistic trading conditions, such as extremely high leverage and low spreads.
Company Overview
Geminipros claims to be a leading cryptocurrency broker that offers a wide range of trading services to its clients. However, there is no evidence to support these claims.
Geminipros claims to be a leading cryptocurrency broker that offers a wide range of trading services to its clients. However, there is no evidence to support these claims.
The company’s website is poorly designed and contains a number of errors. Additionally, the company does not have any physical offices or contact information. They closed the previous site and open a new site with a new domain name.
Does Geminipros Have Any License?
No, Geminipros does not have any valid licenses. The company claims to be regulated by the Financial Conduct Authority (FCA) in the UK. However, the FCA has confirmed that Geminipros is not a regulated firm.
Is Geminipros Regulated By Any Authority?
No, Geminipros is not regulated by any financial authority. The company claims to be regulated by the Cyprus Securities and Exchange Commission (CySEC). However, CySEC has confirmed that Geminipros is not a licensed or regulated broker.
Pros and Cons
Pros:
- None
Cons:
- No valid licenses or regulations
- Very bad reputation among traders
- Unrealistic trading conditions
- Poorly designed website
- No physical offices or contact information
How Does Geminipros Reach To Their Prey?
Geminipros uses a variety of methods to reach potential victims. The company uses social media advertising, email marketing, and cold calling to solicit new clients.
Technical Details
Minimum Deposit:
The minimum deposit required to open a trading account with Geminipros is $250.
Trading Platform:
Geminipros uses a proprietary trading platform that is not available for download from its website. The platform is web-based and can be accessed from any device with an internet connection.
Spread:
Geminipros offers a variety of spreads on its trading platform. The spreads vary depending on the asset being traded.
Leverages:
Geminipros offers extremely high leverage on its trading platform. Leverage of up to 1:1000 is available on some assets.
Packages and Products They Offer
Geminipros offers a variety of trading products, including forex, cryptocurrencies, and commodities.
Withdrawal and Deposit Method
Geminipros accepts deposits and withdrawals via a variety of methods, including credit cards, debit cards, and bank transfers.
What Do Their Previous Traders Say?
Geminipros has a very bad reputation among traders. Many people have complained of being scammed by the company.
Summing Up- Why Should Not You Trust Geminipros
There are a number of reasons why you should not trust Geminipros:
- The company does not have any valid licenses or regulations.
- Geminipros has a very bad reputation among traders, with many people complaining of being scammed by the company.
- Third, Geminipros offers unrealistic trading conditions, such as extremely high leverage and low spreads.
If Bad Things Happen, Where Can You Get The Quick Solution?
If you have been scammed by Geminipros, there are a few things you can do:
- Contact the company and demand a refund.
- File a complaint with the financial regulator in your country.
- Contact a financial recovery specialist.
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Final Thoughts
Geminipros is a scam broker that should not be trusted. The company does not have any valid licenses or regulations, has a very bad reputation among traders, and offers unrealistic trading conditions.
If you are considering trading with Geminipros, it is important to do your research and find a reputable broker.
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