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Broker icmarket.cc is a site that promises its clients high profits from trading in financial markets. However, many traders face problems when working with this broker. In this article, we will look at the scheme of fraud, feedback from traders and ways to return money from a fraudulent broker.
Should I trust a broker?
The first thing to consider when choosing a broker is its reputation. In the case of icmarket.cc, we are dealing with a site that does not have any licenses or regulation. This means that the broker is not responsible to any authorities, and its activities are not controlled.
Also, there is no information on the icmarket.cc website about the company behind this broker. There are no contacts, no information about who owns the site. This raises serious doubts about the honesty and reliability of the broker.
Broker scam scheme
One of the most common scams used by icmarket.cc is price manipulation. The broker can set prices on their platform that differ significantly from the actual prices on the market. This allows the broker to earn on the difference between prices and not give traders a real opportunity to earn.
In addition, the broker may use such methods as refusal to withdraw funds, illegal debiting of money from the trader's account, as well as manipulation of trading accounts.
Trader reviews
Many traders who have worked with icmarket.cc leave negative reviews about the broker. They complain about withdrawal issues, price manipulation, and the broker not responding to customer inquiries.
For example, one trader writes: “I worked with icmarket.cc for several months and lost all my money. The broker did not respond to my requests and did not give me the opportunity to withdraw my funds.”
How to get money back from a scam broker
If you encounter problems while working with icmarket.cc, then there are several ways to get your money back. One of them is to contact our partners who specialize in recovering money from fraudulent brokers.
Our partners have extensive experience in dealing with such cases and can help you get your money back. They provide legal support and help negotiate with the broker.
For a free consultation fill out the form below.
Conclusion
Broker icmarket.cc is a site that does not have any licenses and regulation. It uses deceptive schemes such as price manipulation, refusal to withdraw funds, and manipulation of trading accounts. Many traders leave negative reviews about the broker. If you encounter problems while working with icmarket.cc, then contact our partners who will help you get your money back.
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