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Hamilton positions itself as a reliable broker with a Scottish character. As for the character, we can’t say, but this office is no different in reliability. There are many reviews on the Web where traders complain that Hamilton scammed them for money. Next, we will look at how this “kitchen” deceives people.
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Key facts about Hamilton
We go to the section “About the company” and we already see the first deception. Breeders write that they have been working for more than 15 years.
We decided to check the age of their domain using the Whois service and found out that it was registered in 2017. The scammers, who have been around for less than five years, are trying to create the image of a serious company with a long history of work.
The next thing you should pay attention to is “registration”. Scammers are registered in Saint Vincent and the Grenadines. This is a well-known offshore zone, where various scammers like to settle. In case of problems (and, judging by the reviews, they appear all the time), you won’t be able to get the thrower.
Overview of Hamilton Legal Documents
The first thing to consider when choosing a broker is the availability of a license for the right to carry out financial activities. Sharashkin's office "Hamilton" writes on its website that it is a registered broker.
And then the breds were again in the span. We went to the FSA website (regulator of St. Vincent and the Grenadines) and found no license.
It is dangerous to cooperate with offices without permits. They will steal all the capital and flee in an unknown direction. Judging by the reviews on the Internet, it is simply impossible to bring charlatans to justice.
When preparing the review, we also got acquainted with the Agreement, which the client must sign when starting cooperation with Hamilton. We found interesting points in it.
For example, in paragraphs 9.17-9.18, scammers say that a trader must come to their office if they need to confirm his identity. We doubt that many people have the opportunity to travel offshore. If the client cannot come to the office of the breeder, they simply will not withdraw his money. Judging by the reviews, this scheme of scammers is a success.
The next paragraph says that the trader is obliged to pay any commissions that the “kitchen” will put up for him. Also, Hamilton can withdraw funds from the account if there is no trading activity on it. This is how scammers make money out of thin air.
What trading conditions does Hamilton offer?
The scammers claim that they can make money on 133 instruments, including currency pairs, stocks, precious metals, indices and commodities. They offer 4 types of accounts:
- Standard micro;
- "standard";
- "Professional micro";
- "Professional".
They differ in the set of available instruments, the Stop Out value, the maximum number of lots and open positions. However, all these differences do not matter, because getting money in cooperation with a scammer is simply unrealistic.
Hamilton deceivers lure their victims with various promotions. They even offer to get 50% off the top up amount. This is a cheap scam, because no company will give money just like that. Such tricks are designed for beginners who have never encountered scammers.
Hamilton Charlatans offer a wide range of deposit and withdrawal options. The problem is that you can deposit money without problems, but, judging by the reviews, you won’t be able to get it back.
Hamilton reviews
The scammers website has a whole section with laudatory odes. Of course, they are all paid. To blur the eyes of simpletons, the employees of the “kitchen” use all means.
In preparing the review, we searched the Web for real reviews about Hamilton. Here the picture is different. Traders complain about the pseudo-broker, noting the lack of a license and fraudulent actions when withdrawing funds. Some ex-customers in the reviews say that Hamilton employees persistently suggested that they take out loans in order to replenish their account:
How does Hamilton scam traders?
The cheaters promise their victims "mountains of gold" and offer to replenish the account for the maximum amount. After that, the scammers either drain the deposit and block the user's account, or simply refuse to withdraw capital, constantly coming up with excuses. Pseudobroker "Hamilton" is very dangerous - its employees offer naive traders to take bank loans, after which they leave the poor fellows with nothing.
Hamilton Final Grade
Lack of a license, manipulation of accounts and a bunch of negative reviews - this is a brief description of the fraudulent project "Hamilton". This fake office rips people to the skin, not disdaining any methods. It is very dangerous to trust such an office.
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