Money-Easilyybi is a forex broker that claims to offer easy and profitable trading. However, there are a number of red flags that suggest that Money-Easilyybi is a scam.
In this article, we will take a closer look at Money-Easilyybi and explain why you should avoid it. We will also provide some tips on how to find a legitimate forex broker.
Company Overview
Money-Easilyybi is a new kind of online trading scheme. They launched their platform recently with some professional designs and a new idea. You need to join there and can perform surveys, review apps, and invite friends.
Every activity makes money especially the friend-inviting method. They mention that if a person joins through the invitation link, the invitee will get $2 per joining.
Does Money-Easilyybi Have Any License?
No, MoneyEasilyybi does not have any licenses or regulations from any reputable financial authorities. This is a major red flag, as it means that the broker is not subject to any oversight or regulation.
Legitimate forex brokers are typically regulated by one or more financial authorities, such as the Financial Conduct Authority (FCA) in the UK, the Securities and Exchange Commission (SEC) in the US, or the Australian Securities and Investments Commission (ASIC).
Is Money-Easilyybi Regulated By Any Authority?
No, MoneyEasilyybi is not regulated by any authority. This is a major red flag, as it means that the broker is not subject to any oversight or regulation.
Legitimate forex brokers are typically regulated by one or more financial authorities, such as the Financial Conduct Authority (FCA) in the UK, the Securities and Exchange Commission (SEC) in the US, or the Australian Securities and Investments Commission (ASIC).
Money-Easilyybi Pros and Cons
Here is a table of the pros and cons of Money-Easilyybi:
Pros | Cons |
No minimum deposit | Not regulated |
Easy to use platform | Fake reviews |
Claims to offer easy profits | High spreads |
Offers a variety of trading products | Poor customer support |
How Does MoneyEasilyybi Reach To Their Prey?
Money-Easilyybi reaches their prey through a variety of methods, including:
- Social media: MoneyEasilyybi often posts fake testimonials and reviews on social media. They also target people who are interested in making money online.
- Google ads: often buys Google ads that appear when people search for terms related to forex trading.
- Cold calling: It also uses cold calling to reach potential customers. They often pose as legitimate brokers and offer free trading signals or courses.
Technical Details of Money-Easilyybi
Minimum Deposit
The minimum deposit for MoneyEasilyybi is $250. This is relatively low compared to other forex brokers. However, it is important to remember that even if you only deposit a small amount, you could still lose all of your money.
Trading Platform
This site uses the MetaTrader 4 platform. This is a popular platform that is used by many forex brokers. However, it is important to note that the MetaTrader 4 platform is not regulated. This means that there is no one to hold Money-Easilyybi accountable if the platform is hacked or malfunctions.
Spread
The spread for Money Easilyybi is relatively high. This means that you will have to pay a higher price to buy and sell currencies.
Leverages
Money-Easilyybi offers high leverage. This means that you can control a large position with a small amount of capital. However, high leverage can also magnify your losses.
Packages and Products They Offer
Money-Easilyybi offers a variety of packages and products, including:
- A basic account with no commissions
- A premium account with lower spreads
- A VIP account with access to exclusive features
Withdrawal and Deposit Method
Money-Easilyybi offers a variety of withdrawal and deposit methods, including:
- Credit cards
- Debit cards
- Wire transfers
- Cryptocurrencies
What Do Their Previous Traders Say?
There are a number of negative reviews about MoneyEasilyybi online. Some people have complained about the high spreads and commissions, while others have said that they were unable to withdraw their funds.
Summing Up- Why Should Not You Trust Money-Easilyybi
There are a number of reasons why you should not trust MoneyEasilyybi. The company has no licenses from any reputable financial regulatory authorities, it has a history of negative reviews, and it offers unrealistic promises of easy profits.
If Bad Things Happen, Where Can You Get The Quick Solution?
If you have been scammed by MoneyEasilyybi, you can report the incident to the authorities. You can also contact a financial advisor to get help recovering your funds.
Broker Complaint Alert can be your best part as it is not good enough to just complain to the financial authority.
File A Complaint Against Scam Broker's
Final Thoughts
Money-Easilyybi is a scam broker that should be avoided. If you are considering using this company, we urge you to reconsider. There are many legitimate forex brokers out there that offer a safe and reliable trading environment.
