The Ultimate Guide to Understanding Splitmetrics Scam Accusations

Splitmetrics Pros and Cons:

Pros:

• The minimum deposit is relatively low.
• The trading platform is user-friendly.
• The spreads are competitive.

Cons:

• The broker is not regulated by any reputable financial authority.
• There have been complaints about the broker’s customer support.
• The broker has been accused of being a scam.

How Does Splitmetrics Reach To Their Prey?

Splitmetrics targets unsuspecting investors through a variety of channels, including:

• Online ads
• Social media
• Cold calls

The broker’s ads often make false or misleading claims about the profitability of its trading platform. They also promise unrealistic returns on investment.

Technical Details of Splitmetrics:

Minimum Deposit:

The minimum deposit for Splitmetrics is $250. This is relatively low compared to other forex brokers.

Trading Platform:

Splitmetrics uses the MetaTrader 4 trading platform. This is a popular and well-established platform that is used by millions of traders around the world.

Spread:

The spreads on Splitmetrics are competitive. The average spread for EUR/USD is 1.0 pip.

Leverages:

Splitmetrics offers leverage up to 1:500. This means that you can control a position worth 500 times your deposit. However, high leverage can be risky and should only be used by experienced traders.

Packages and Products They Offer:

Splitmetrics offers a variety of trading packages, each with its own set of features and benefits. The most basic package, the Starter Package, offers a minimum deposit of $250 and a leverage of 1:500. The most advanced package, the VIP Package, offers a minimum deposit of $10,000 and a leverage of 1:1000.

Withdrawal and Deposit Method:

Splitmetrics offers a variety of deposit and withdrawal methods, including credit cards, debit cards, and wire transfers. The minimum withdrawal amount is $250.

What Do Their Previous Traders Say?

There have been a number of complaints about Splitmetrics from previous traders. These complaints include:

• The broker’s customer support is poor.
• The broker has been accused of making false or misleading claims about its trading platform.
• The broker has been accused of refusing to allow withdrawals.

Summing Up- Why Should Not You Trust Splitmetrics?

The red flags mentioned above suggest that Splitmetrics is a scam broker. You should not trust this broker with your money.

If Bad Things Happen, Where Can You Get The Quick Solution?

If you have lost money to Splitmetrics or any other scam broker, you can get help from us. We have a team of experts who can provide you with guideline recommendations through a free consultation call.