Best trading deals, super fast order execution, free training and analytics, unrealistic leverage and 100% deposit bonus. These are the conditions offered by the broker EX CBC - a real dream of a trader. But is everything really as smooth as this company lays? Or are we still dealing with another scam project? Let's take a look at this review.
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EX CBC. General information
Broker's main website:
EX CBC's website is a typical "deshman" template, which is bought on free stocks or ordered from amateur developers for three rubles. Yes, the resource has been diligently translated into Russian. But that's where all his virtues end.
In the header of the main page is the main menu, which includes the following items:
- analytics (forex, news, economic calendar, charts);
- trading (advantages and types of trading accounts, answers to frequently asked questions);
- about company.
Below the menu is a large slider with photos of happy traders and the main advantages of working with a broker. There is also a “trade” call to action button.
Under the slider, a creeping line displays asset prices. Below are the detailed advantages of working with the office.
Next - a section that is not entirely clear, either with the next benefits, or with a call to action, or with instructions for working.
Following is how to start trading, as well as a list of investment packages. A little lower is a three-step instruction for working with the service.
At the end there is another slider with useful services for work and another call to action.
Above the footer are the logos of payment systems and other partners who, as stated, cooperate with EX CBC.
A more detailed menu has been published in the "basement", which also includes an overview of the markets, the possibility of depositing / withdrawing funds, the main documents of the client-user agreement.
The phone number and e-mail of the company, given at the beginning of the main page, are also duplicated there.
At the very bottom, the broker indicates that trading is a high-risk activity, which can lead to partial or complete loss of invested funds. And before you start working, you should familiarize yourself with the service and its services. With this phrase, the broker puts all responsibility for the money of traders on themselves.
Due diligence, EX CBC licenses
Let's start, as usual, with the address. We could not find any legal information on the company's website about where it is located. On the main page, as we have already said, only a phone number and an email address are given. In the “about the company” section, you can see a small text from which you can only understand that EX CBC is a broker that provides clients with the highest level of service and its mission is a comprehensive approach to traders' investments. There is also another warning that the use of leverage carries high risks. You will not find anything intelligible there.
Having punched the phone number, we found out that it was a fixed Moscow number.
However, there is no data on the financial company EX CBC in the state register of the Russian Federation.
The same applies to the base of the Central Bank, which gives permission to work with Russian traders. Does not have EX CBC and no other licenses from regulatory companies.
In addition, the IP of the EX CBC site itself is located in the USA (see the first screen). This suggests that the phone number located on the page is fake.
The last thing we did, in order to somehow understand who we are dealing with (although, to be honest, we guessed this from the very beginning) was a domain check using Whois. There we found out that the age of the domain is about 1 month. And this means that nothing good can be expected from cooperation with a company that has not yet shown itself in the market.
Every experienced trader knows that it is better not to contact brokers who are less than a year old.
Features of the work of EX CBC. Tools and conditions for traders
For their "pinocchio» clients, EX CBC offers a whole bag of goodies:
- complete safety and secure storage of trader's funds;
- instant exchange without commissions;
- fast support 24/7;
- a mobile application that allows you to trade from anywhere in the world;
- the presence of a personal wallet for the safe storage of cryptocurrency;
- fast recurring transactions.
To start trading, it is enough to register on the site, open and fund a trading account and select the necessary instruments from a wide range of offered ones.
A trader can choose from five types of trading accounts, starting from "Micro", with a minimum deposit of $250. Finishing with a VIP package of 10 thousand USD. and leverage 1:2000.
From the “fork” of prices for entering trading with EX CBC, it becomes obvious that the more you invest, the more “splash” you get.
But we would not rush to start trading with this broker before reading the next section (unless, of course, you have already been given certain thoughts by the analysis of legal information).
Real customer testimonials EX CBC
It is noteworthy that a huge number of positive reviews have been written about the EX CBC office on the network. The fact is that on the Internet there is another clone of this project, which we wrote about here. It was these guys who bought just packs of laudatory comments on a variety of sites and forums.
However, judging by the age of the domain, the hero of our review has not yet managed to buy such a huge number of laudatory songs online. We were able to find only a few revealing reviews that really argue that EX CBC are scammers.
If you are a victim of EX CBC scams, leave comments below this article. Perhaps it is your review that will save someone from losing money.
Scheme to defraud EX CBC users
The broker, which is no different from other scam projects, has the same banal scheme of deception. EX CBC scammers seek out their victims on social media, investment forums, job sites, and even dating sites. Having gained confidence in the potential "Pinocchio", he is brought to the site of the scam and given the opportunity to trade on a demo account. After a series of winning trades, a person decides to trade with real money. And then - bad luck - transaction after transaction, the real deposit merges into the garbage can.
Another option is an offer to pay a commission for withdrawing a large amount from a "Swiss bank" or insurance, or other nonsense. This is how black brokers usually "upsell" their "services", swindling traders for a lot of money.
The approach to the client in such companies is really “individual”. After all, real psychologists and professional swindlers work on the other side of your “blue screens”, who will pick up the key to the coldest heads.
On the website of the company EX CBC, which offers investment services, we found the following signs of fraud:
- lack of state registration;
- lack of licenses from regulators, including the Central Bank of Russia;
- short time on the market;
- shifting responsibility for the money of traders on themselves;
- implausible contact information;
- the presence of negative reviews.
All this allows us to conclude that EX CBC is a typical “lohobroker” who tries to swindle as much money as possible from beginners in trading. Stay away from such projects.
If you are a victim of EX CBC or other black brokers and want to get your investment back, leave your mail in the form at the beginning of the article. We will send you a step-by-step, illustrated plan of action to take.