International Bitcoins Markets: broker reviews in 2022

“Trust, stability and reliability!” - such a slogan can be seen on the International Bitcoins Markets site. The hero of our review claims that he unconditionally follows these principles, but traders in the reviews refute this. Why you should not cooperate with these scammers, and how do they lure new victims into the network? Read on!

What you need to know about International Bitcoins Markets?

The creators of the scam project were not too lazy and came up with a little legend about it. It says that the scam appeared back in 2015, and during this time has won the trust of thousands of traders. For 7 years, a lot of reviews should have appeared about him, but customers are in no hurry to talk about their experience. Why? We decided to answer this question, for which we checked the age of the internationalbitcoinmarkets.com domain. It turned out that he was registered last year. The scammers simply decided to ingratiate themselves with the “Pinocchio”, for which they threw themselves six years.

The contact section says that International Bitcoins Markets is registered in Saint Vincent and the Grenadines. An organization with this name was found in the local database of legal entities, but its number differs from that specified in the “User Agreement”. Even if we are talking about the same company, you should not flatter yourself. Firstly, “registration” in St. Vincent and the Grenadines costs only 200 dollars, and for this meager amount, local authorities are ready to turn a blind eye to all violations. Secondly, the hero of our review wrote only the street on which his office is supposedly located, and did not even indicate the buildings, so we doubt his presence.

In the reviews, traders complain that it is very difficult to contact International Bitcoins Markets. This is not surprising, because charlatans have no phone, no form where you can request a call back, no online chat, no pages on social networks. Only email is available to users, and swindlers respond to it only when it comes to making a deposit.

What does International Bitcoins Markets have with documents?

On the site of the fake broker, we found the “User Agreement”, “Privacy Policy” and “Risk Warning”. Despite the fact that the site is available in Russian, the documents are not translated from English. We know that such a trick is often used by all sorts of scams in order to make it harder for users to deal with the conditions. We have carefully read them, and are ready to show you the most interesting points:

• scammers will not be responsible for the losses of traders caused by their negligence or direct fault;
• breeders can change the terms of already open deals without warning;
• there is a fee for executing orders, although the site says that this is not the case.

From the reviews, we know that the lion's share of International Bitcoins Markets clients are investors from the Russian Federation. According to Law No. 460-FZ, no broker has the right to work on the territory of our country without the permission of the Central Bank of the Russian Federation. The audit showed that the domestic regulator did not issue any licenses to the hero of our review. The charlatans also did not fulfill the requirements for registration and entry into the SRO.

How does International Bitcoins Markets lure new victims?

The scammers claim that over 250 assets are available to users:

• fiat and digital currencies;
• indices and stocks;
• commodities.

Three accounts are available: “Trade”, “Active” and “Invest”. The minimum deposit is 1 USD (EUR) and the leverage varies between 1:30-1:100. Remember that if you see leverage above 1:30, then in front of you is a sharashka office that conducts transactions only within its own platform.

International Bitcoins Markets does not provide a demo account, so beginners will immediately have to risk real money. The scammers claim to provide professional training to their clients, however, we found only three books on the site that can be downloaded without any problems on the Internet.

Rogue Reviews

There are few reviews about charlatans, and they are all negative. All users claim that International Bitcoins Markets is a “kitchen”, the creators of which robbed them to the penny. They also claim that managers call annoyingly at any time of the day or night, and when a client decides to withdraw capital, they block the account and transfer its data to other scammers.

What is the point of the scam?

From the reviews, we know that the managers of International Bitcoins Markets ask to deposit at least $1,000, claiming that only from this amount the user will be able to make a profit. If the victim does not have that kind of money, the charlatans make a generous offer: if the investor deposits 500 USD, they will give him the same amount. Traders cannot resist such conditions and get into loans to get the opportunity to earn.

Until the moment when the user wants to withdraw funds, everything goes well: scammers will “draw” the necessary numbers for him in his personal account in order to maintain the illusion of successful trading. When he decides to withdraw the money, it turns out that $500 was not donated, but given on credit, and the sharashka office demands to repay not only it, but also the interest. Then it will be necessary to pay stamp and federal taxes, income tax ... The list will end only when the victim is left with empty pockets.

Summing up

Cooperation with International Bitcoins Markets is a waste of time and nerves. Judging by the reviews, not a single trader has left money scammers. We recommend not to approach this “kitchen” within a cannon shot, if you do not want to join the ranks of deceived and robbed users!