FX Trade8 is a SCAM. Real reviews. Examination

Today, most users associate brokerage houses with a money scam. All because of the large number of scammers that have flooded the industry. "Scams" are created and blocked in huge numbers. Broker FX Trade8, which became the hero of our today's review, is one of the brightest representatives of this kind of projects. We will analyze his activities in as much detail as possible and tell you why it is better not to contact him.

FX Trade8. General information

Broker's main website:

fxtrade8.com

Whois score:

Domain Age

Site analysis

We traditionally begin all our reviews on binarybets.ru with an assessment of the web resource of the organization in question. The site is the "face" and one of the key assets of any broker. It directly affects the level of trust in him, his reliability and prestige. In the case of FX Trade8, we simply have nothing to evaluate. Instead of an official platform on which trading conditions, legal information, company registration data should be disclosed, we are simply slipped an authorization window.

In other respects, this is not a novelty for us, such projects are quite common, they are even singled out as a separate category of scammers. For scammers, the use of such a site device has a lot of advantages. No need to maintain and invent some kind of website. The window with authorization, in which it is even impossible to register, will be slipped only to the most naive and already prepared users. It also helps to avoid negative reviews and does not draw too much attention from supervisory authorities. In addition, scammers often position their service as a limited and very profitable offer, available only to a select few.

Despite the fact that these charlatans maintain complete anonymity, nothing prevents us from analyzing the technical component of their resource. With the help of special services, we managed to find out that the owners of this brainchild use third-party software to hide their personal data. Their platform has very small reach and is practically not indexed by the search engine. As a result, we also have the corresponding cost estimate. Having invested minimal funds, scammers expect to get rich at the expense of naive Pinocchio.

Site rating

Also during our checks, we found out that the IP address on which the site of our new friends hangs contains several dozen other projects of a wide variety of topics. We failed to find out their connection with FX Trade8. Perhaps the scammers are using some free or very cheap IP address to save money or confuse those who are trying to expose them.

Expertise of legal information, licenses FX Trade8

In fact, the legal side of FX Trade8, in other matters, like all other aspects of the company's work, is kept secret. Although any financial institution is obliged to publish such information in the public domain. Perhaps all these aspects are revealed after entering the platform, but only the elite can do this, since there is no registration form. It is unlikely that any honest project would hide like that.

We cannot find out if FX Trade8 belongs to any country and, therefore, check their registration, so the official existence of the company is in doubt. However, we know that the authorization window of our organization supports the Russian language, and according to reviews, these friends actively impose their services on Russian citizens. But we all know that not a single financial organization has the right to operate on the territory of the Russian Federation without the permission of the Central Bank. After checking his registries, it turned out that FX Trade8 is not listed in them. So it is contraindicated for the Russians, and indeed for all citizens of the CIS, to cooperate with these comrades.

Registers of the Central Bank of the Russian Federation

Features of FX Trade8. Tools and conditions for traders

We have already mentioned several times that FX Trade8 do not provide absolutely no data about their work. But we managed to communicate with those people whom the managers of this sharashka office tried to impose their services on. Here is a small list consisting of the offers of our broker:

• round-the-clock and high-quality customer support;
• a fairly large number of trading instruments and assets;
• fully automated trading process;
• no commissions;
• small deposit threshold;
• availability of additional bonuses;
• stipulated trading accounts;
• having a demo account;
• multilevel referral program.

Not only are all these suggestions extremely general in nature and in no way give a clear understanding of the working conditions in FX Trade8, but in 90% cases they are not implemented at all.

Real FX Trade8 Client Reviews

Still, the anonymous approach of FX Trade8 should be given credit. Although the broker, according to the data obtained using the Whois service (screenshot at the beginning of the review), has existed for more than six months, during our analysis we managed to find the minimum number of reviews about its activities. But even those few comments that we found are enough to understand that we are dealing with notorious scammers.

Reviews

If you have become victims of FX Trade8 scams, leave comments under this article. Perhaps it is your review that will save someone from losing money.

Scheme of deceiving FX Trade8 users

The scheme of FX Trade8 deception is not much different from the working methods of most “scam brokers”. These comrades, under the guise of profitable investments, are actively advertised on social networks and various blogs. Often they look for their clients through message boards or dating sites with fake accounts. In general, they look for a naive audience at various venues, sit down on her ears and promise the fulfillment of their most cherished desires.

After the victim sits down on their hook, the site we have reviewed is slipped to her, having previously given out all the login data. The client replenishes the deposit. This is where the story can take a different turn. Fraudsters can immediately take the money and block the user. Or they will let you trade on their fictitious terminal and try to swindle the naive Pinocchio for even more investments. In any case, no one except these swindlers will remain in the black.

Results

We can say with full confidence that FX Trade8 is the most common "scam". It should be clearly understood that honest brokers do not hide information about themselves and do not hide from their clients. We strongly recommend avoiding any interaction with the considered site. Save your time and money!

If you have become a victim of FX Trade8 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.