Broker FavorTrades. An honest review of the project and feedback from former clients.

Content

• FavorTrades Site Review
• Awards and age of the company
• Contacts and legal information
• Reviews on FavorTrades
• Conclusion

The organizers of the FavorTrades project are trying in every possible way to assure users that their office occupies a leading position in the field of brokers. Do you see they have the widest range of instruments offered, and maximum reliability, as well as high profitability. To all this, the owners of the service add allegedly successful statistics and statements in the absolute transparency of their activities.

Of course, you can't believe all of this. Since this platform has nothing to do with the financial markets and it was created for one purpose - to rob naive traders with impunity. We provide all the evidence for this in today's review.

FavorTrades Site Review

It looks like the possible scammers from FavorTrades don't even know what the trading platform should look like and offer users some kind of shabby resource that doesn't even remotely look like a reputable broker's website.

It is not even surprising that such a site was priced at 0 rubles. This serves as direct evidence that we are dealing with another stamping of scammers, and not with a solid financial company.

FavorTrades really wants to convince us that by entrusting them with money, we actually become clients of European banks.

Awards and age of the company

According to possible swindlers, such a statement should inspire maximum confidence in their office. It wasn't there. No European bank will open an account with such an anonymous firm as FavorTrades. After all, the organizers of the service very carefully hide all the information about the creators of the project and the specialists of the workers in the company's staff. In addition, the scam has an offshore registration, which lowers the level of trust in it to a negative indicator.

Award-winning broker. What are these awards? Who was the broker tagged with? Where is the proof of receiving awards? Of course they don't. After all, FavorTrades has never received any regalia, since the office is completely illegal and appeared not so long ago.

The crooks website went live in August 2021. This means that the real work experience of a pseudo-broker is several months. Naturally, during this time it is impossible to earn the trust of thousands of traders, as well as receive at least one award from any of the associations.

Contacts and legal information

In the contacts section, first of all, you should pay attention to the registration address and phone number. The pseudo-broker is registered in Saint Vincent and the Grenadines, and for some reason the number is provided by the British. By the way, the number is fake and it is not possible to get through to representatives of the office.

Those who are not afraid of the offshore registration of the service, we will force them to reconsider their point of view and explain why offshore is dangerous. The fact is that any office registered in this region does not fall under the jurisdiction of most countries of the world, including Russia. Therefore, if a broker from this region “squeezes” money from you, then it will not be easy to return them legally. Yes, and it's impossible.

FavorTrades does not have a license. There is also no regulator. By the way, in order to offer their services in Russia, the broker had to obtain an appropriate license from the Central Bank of the Russian Federation. It is also naturally absent, and this financial institution noted that FavorTrades did not even apply for a license. Is it possible that even after such facts there will be those who want to cooperate with this false office?

Reviews on FavorTrades

Rogues, at least for the sake of decency, should study reviews of cooperation with real brokers. And then reading the comments about FavorTrades it becomes funny from the ridiculous statements of supposedly the company's clients.

In one review, a “client” praises FavorTrades so much that he forgets and pierces on a seemingly trifling phrase that says about hassle-free access to the site: “It doesn’t matter where you are at work or at school.” It is immediately clear that the comment was not written by a trader. After all, any investor knows that only an adult can become a trader.

The second commenter talks about how he has been using the service for over a year now. How did he do it if the project is only 3 months old? Yes, this is custom content. And there are plenty of such laudatory reviews, from which it carries lies a mile away, on the Internet. This is the only item of expenditure of crooks where they are not stingy.

Conclusion

FavorTrades is a primitive low quality scam. This company does not have a single sign of legality and honesty. Vice versa. All signs point to a fraudulent project kitchen. Therefore, we strongly recommend that you stay away from this service. Otherwise, you will lose all the money that you invest in the project. See screenshots of FavorTrades reviews below:

There is an exit!

We wish you the best results in binary options trading!

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