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What scammers resort to to cash in on the trust of naive users! For example, CFBroker outwardly creates a fairly good impression, but the reviews of deceived traders indicate otherwise. How this “kitchen” breeds people and what it promises to users, let's figure it out in our review.
Overview of CFBroker activities: key facts
"CFBroker" calls itself a leader in the field of trading, which provides a convenient trading platform, a lot of opportunities for quick and big earnings, professional technical support. The broker also notes that it has a lot of advantages, including:
- 300 thousand open accounts on the site;
- provision of services in more than 150 countries of the world;
- high level of security.
For clarity, “CFBroker” demonstrates impressive numbers, allegedly indicating its successful activities:
- the capital of the company, which is 10 million euros;
- 6 asset classes;
- execution of about 7 thousand orders in 1 second;
- more than 10 years of work.
Advertising, of course, is not bad, but we only trust the facts, so when preparing the review, we checked all the information indicated on the site. And we started with the terms of activity. As we said earlier, CFBroker claims to have been providing services for over 10 years. Thanks to whois.ru, we were convinced that he was blatantly lying. The cfbroker.io domain was created in the middle of 2020. This means that “CFBroker” appeared on the financial market less than 1 year ago.
Next, we checked whether CFBroker is indeed registered in Dominica.
Using the site offshore.su, we found out that this is also a complete lie - there is no TsF Broker among the officially registered organizations.
Also, at the same time, we decided to check the address where this sharashka is supposedly located: 8 Copthall, Roseau Valley 00152, The Commonwealth of Dominica. Using Yandex search, we found out that every second scammer points to it on his site.
We had a question: why do scammers use this particular address, what is so special about it? We entered it into the Yandex map search, and it turned out that only the Roseau Valley Hotel was located on it. The puzzle is complete! The scammers simply removed the word Hotel, and a completely credible address remained, which all such scams hide behind.
Further, when writing a review, we decided to check the documentation of the pseudo-broker. Of course, there are no licenses, certificates, permits and other documents confirming that “CFBroker” operates legally, and cannot be. To blur their eyes, the breeders posted on the website the “Regulatory Base” file, which simply lists all existing regulators. Inattentive traders may think that they all control the activities of CFBroker, but this is not even discussed either on the site or in the submitted file! Just another scam trick.
At the same time, there is internal documentation: “Customer rights policy”, “Legalization of income”, “Return of funds”. If you carefully read these papers, it becomes clear that the scammers are not responsible for anything, and directly declare this:
Also, these scammers state right in the footer of the site: “The company is not responsible for any loss or damage, including any other loss of profit.” Judging by the reviews of deceived users, this is what charlatans are subsequently guided by.
Overview of trading offers "CFBroker"
Attractive trading conditions are the main bait, which, judging by the reviews, traders are pecking at. CFBroker scammers also decided to lure their clients with the opportunity:
- trade stocks, currencies, indices, futures;
- receive a welcome bonus;
- use the services of financial advisors;
- open any of the available accounts.
But in reality, all these opportunities are not available to traders, and the feedback from users who were scammed is a direct confirmation of this!
Reviews of deceived traders
When writing a review, we monitored a number of reviews, and we did not find any positive ones among them! All users without exception accuse CFBroker of fraud and urge to bypass this garbage dump on the tenth road:
How scammers breed naive users?
“CFBroker” promises the best conditions for cooperation, however, after the user deposits money into the account, the swindlers drain his deposit and block the account. And it is unrealistic to prove their guilt, since officially such a company simply does not exist!
Review results
“CFBroker” are charlatans who only think how to rob another client. Fraudsters work without a license, so I simply do not have the right to provide financial services. And negative user reviews are the best proof of the fraudulent intentions of the office.