Attention! Fraud company!
Leave a request for a refund from a scammer.
Many traders from the CIS countries have encountered Stream Forex. This is a brokerage house with a “history” that has collected a pool of negative reviews. Oddly enough, there are still simpletons who risk investing money here.
Get instructions on how to withdraw funds
Dodgers from "Stream Forex" have studied the human psyche well and skillfully manipulate consciousness. The victims of divorce do not even have time to come to their senses, as they already find themselves drawn into a scam and entrusted the last pennies to crooks! Usually newcomers with no experience in online trading come across in the scam network.
In today's review, we will reveal all the ins and outs of Stream Forex. We hope that after studying this information, many will be more careful and will not allow themselves to be deceived.
Review of the official site
Stream Forex did not stint on the creation of a web resource. It compares favorably with the template cheap stuff of most “kitchens”. Bright advertising banners, many tabs, easy navigation - these chips always impress beginner traders. Everything is designed for them!
On the main page, the advantages of cooperation with Stream Forex are painted in colors. Such conditions cannot but rejoice:
- no minimum deposit rate;
- many bonuses;
- free education;
- profitable promotional offers;
- win-win contests and other "goodies".
The creators of the project did not bother much with writing a “success story”. In the presentation section of the official website, we did not find any useful information - only pathetic arguments about the great mission of Stream Forex, designed to provide the best trading conditions in the financial markets. But the tricksters did not forget to create a tab with reviews of “grateful customers”. However, some of the laudatory comments for this section were invented by cheaters themselves, the rest were written by users who have not yet fully experienced all the delights of trading with Stream Forex.
Sharaga persistently invites all recruits to leave a review after completing the training course, and they are happy to try in anticipation of future profits. People do not realize that only disappointment lies ahead of them. Refusals to withdraw funds, the banal theft of money from accounts - this is the way Stream Forex works. Hundreds of poor fellows have already seen this on their own skin.
The Stream Forex website has one localization - Russian. This allows us to conclude that the project is designed to fool traders exclusively from the post-Soviet space.
What is known about Stream Forex: an overview of general information
The project was launched eight years ago, in 2012. This is stated in the presentation section of the official website of the brokerage organization. The data on the registration of the streamforex.net domain name, found by us on the Internet, confirm the above.
When preparing the review, we found out that the online trading service belongs to the limited liability company “Stream Capital Group”. The office settled in St. Vincent and the Grenadines - a "gray" offshore zone, which is a traditional haven for various kinds of financial swindlers. The authorities of the banana republic are extremely loyal to them and willingly give the status of an official legal entity to anyone who is willing to pay a small fee to the budget.
The names and surnames of the owners of the project were not disclosed. Like most scammers, Stream Forex scammers prefer anonymity. It is only reported that the office was founded by two professional traders, and now more than 40 people have joined them.
Fair play has never been the intention of the Stream Forex gang. She does not have a brokerage license. This document is not even mentioned on the official website.
Contact overview
The pre-brokerage organization does not indicate its postal address. The following communication channels with Stream Forex representatives are available to users:
- phones with Russian and Ukrainian international codes;
- e-mail technical support, analytical and financial departments;
- online chat with the operator.
Fraudsters kindly provide users with the opportunity to use the “Callback” service. To do this, you just have to provide a set of personal data.
Overview of the conditions of “Stream Forex”
The office offers to earn on trading fiat currency, digital assets, CFDs on energy, stocks, precious metals, energy. To conclude transactions on Stream Forex, they offer the MetaTrader 4 terminal. In the reviews, traders write that the platform is manually controlled by cheaters, so there is no prospect of raising capital. There is a profit while trading with virtual money in the demo version. Then luck abruptly turns its back.
To participate in fake trading, the investor is offered to choose any of four tariff plans:
- "Cent";
- "Classical";
- "Professional";
- "Crypto".
Users can part with money forever in any convenient way. They don't even charge commission for it! Payments are accepted from bank cards, through popular electronic payment systems.
But you can not even dream of withdrawing capital. Scammers will make sure that at the right time the deposit will certainly go into the red. Even if something remains, it will not be possible to achieve a refund - they will refuse under any pretext.
Overview of reviews
In fairness, we note that at first, Stream Forex was not badly spoken about, but already in 2016, the company's reputation deteriorated sharply. Posts where the office is accused of using fraudulent schemes and other sins fell like a cornucopia. However, one should not expect anything else from an offshore broker!
Users report in their reviews that it is impossible to withdraw capital from Stream Forex. Upon receiving a request for withdrawal of funds, the broker either stops communicating, or immediately brazenly drains the deposit:
Sometimes scammers do not credit the account at all, sending it straight into their own pocket. Theft is justified by technical problems. Trader AlexGSD writes about this in a review:
All kinds of contests, promotions, bonuses from Stream Forex are just a lure. "Kitchen" will never let you earn! Traders have been writing about this in reviews for a long time! Here is a call from 2016:
Summary of the review
The offshore scam "Stream Forex" was created with a single goal: to profit from other people's capital. The project owners have been successfully fulfilling the task for many years. Do not fall for the persuasion of these crooks, if you do not want to sit in a debt hole for a long time!
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