Is Exopip A Legit Broker? Read Our honest Review

The answer is sure: Exopip is a scam. While they paint a picture of a reliable, feature-rich trading platform, their facade crumbles under scrutiny. Let’s dissect this scheme, exposing the red flags and warning signs that should keep you far, far away.

What is Exopip?

Exopip claims to be a forex and CFD broker, offering access to a wide range of instruments and enticing trading conditions. Their website boasts advanced tools, comprehensive education materials, and dedicated customer support. But behind the polished veneer lurks a predatory operation designed to fleece unsuspecting investors.

Exopip Details

Deposits and Withdrawals

Exopip encourages hefty deposits through various methods, including credit cards, wire transfers, and even cryptocurrencies. However, withdrawing your funds is a different story altogether. Reviews are rife with complaints about delayed withdrawals, blocked accounts, and exorbitant fees. Exopip employs a plethora of tactics to make it as difficult as possible for you to reclaim your money.

If you have lost money to companies like Capital Gateway CG, or Boney Market; please report it to us on our Report a Scam form.

Account Types

Exopip offers three account types: Bronze, Silver, and Gold. While the Gold account boasts the tightest spreads and lowest commissions, the minimum deposit required is substantial. This bait-and-switch tactic lures in investors with promises of high returns, only to trap them with unfavorable terms and conditions.

Red Flags and Warning Signs

One of the biggest problems a nameless company exhibits is transparency. The FCA, the regulatory body that should be in charge of this behavior, is unaware of them, even though the provided address and phone number seem to indicate a UK location. 

The proprietors of the website do not offer any legal documentation or company background. We are unable to talk about anything beyond the various facts we uncovered because the leadership team is likewise unknown. One of them is a Financial Commission public warning that outright denounces the Exopip scam’s dishonest practices.

Customer Complaints and Negative Reviews

A quick search online reveals a flood of negative reviews from Exopip victims. Common complaints include:

• Deposits are processed quickly, and withdrawals are delayed indefinitely.
• Accounts are blocked without explanation.
• Unrealistic bonuses and promotions are used as bait-and-switch tactics.
• Manipulative trading platform that hinders profitability.
• Unresponsive and unhelpful customer support.

These reviews serve as a stark warning to anyone considering investing with Exopip. They are a testament to the predatory practices employed by this unscrupulous broker.

Exopip Alternative Brokers

If you’re looking for a legitimate and reputable forex and CFD broker, there are plenty of excellent options available. Some of the top-rated brokers include:

• AvaTrade
• IG Markets
• FXCM
• Plus500
• TD Ameritrade

These brokers are all regulated by reputable financial authorities and offer transparent trading conditions, reliable platforms, and responsive customer support.

Got Scammed by Exopip? We Help Victims!

If you’ve unfortunately fallen victim to Exopip’s scam, there are steps you can take to try and recover your funds.

• Contact your bank or credit card company: If you deposited using a credit card, you may be able to initiate a chargeback.
• Report the scam to the relevant authorities: File a complaint with the authorities in your country and the FCA in the UK.
• Seek legal advice: Consulting with a lawyer specializing in financial fraud can help you explore your options for recovering your losses.

After contacting these sources, if you don’t get any reply or help, you can contact us. You will get a free consultation and recovery service recommendations to get help in recovering the lost funds or You Can report to us today by the form below.