Broker Brokerage deceives people, Why should we be afraid Brokeragea.com ?
The online broker Brokeragea, which operates in England, is considered a scammer with a dirty reputation.
When we go to the official website of Brokeragea - Brokeragea.com, we find out that the organization under study provides trading services on the Forex financial market in Britain. In addition, Brokeragea provides programs for trading operations.
Our specialists studied the Brokeragea website, got acquainted with the terms of action, tried to get at least demo access to the software, investigated the availability of papers, the place of registration of the company.
With the help of the data obtained, we will find out: Brokeragea - a divorce or not?
In addition, we will tell you how not to fall into the trap of criminals, about their ways of working. We will give you all the information you need to keep your investment safe.
Brokeragea is based offshore
A serious call, saying that Brokeragea.com is a scam - the country of registration. Documentally, the company is registered in the Marshall Islands, which is already in doubt, since Brokeragea operates in Great Britain. Offshore regions attract the attention of swindlers due to the lack of laws and executive power.
In addition, this region does not have the rights to trade on the Forex market.
Moreover, when we tried to find the physical or legal address, information about the owners and directors of Brokeragea, we could not find anything.
This hints that Brokeragea.com is a fake Internet broker, cooperation with which can result in large financial losses.
No information found about the directors of Brokeragea.com
After analyzing the website, we have not been able to find plausible data about the owners of the Brokeragea organization. No addresses, no phone numbers or other means of communication.
Basically, this means that the real owners are trying to hide information about themselves in order to elude responsibility for their actions. Even if you manage to contact one of the employees of Brokeragea, then everything will end there, and the real leaders of the shadow organization will remain at large.
Brokeragea, official website - Brokeragea, is valid for less than 30 days
The Brokeragea.com website talks about a lot of Forex experience.
The main way to analyze any site is to obtain data about its domain name. As a rule, they record the age of the existence of a domain name, information for the owner's connection.
In this case, the Brokeragea.com domain name has been active for less than one month, and all information about the person who owns it is hidden. Another proof that the organizers of Brokeragea are trying to remain incognito.
Such a desire can be understood, but not in those cases when it comes to a financial firm acting as an intermediary between the client and Forex.
At the same time, Brokeragea.com assures users that they have been successfully operating in Forex for quite a long time.
Brokeragea does not have a demo period
It is a common practice for brokers to give clients a demo version of their software so that they can familiarize themselves with the interface and try their hand at trading in the Forex financial market with fake money.
Unfortunately, on the official website of Brokeragea.com, we could not find data on the test period, the ability to test the programs.
Most likely, Brokeragea's management is most likely not going to provide customers with demo access to their software, since someone is able to suspect something is wrong.
Brokeragea.com operates with a negative score
Official organizations that carry out activities on Forex do not use a negative balance in their activities. By law, the user of an online broker cannot spend more than what is currently on the account. In situations where the account goes into a negative value, the debt will be repaid not by the user, but by the company that offered its services.
Therefore, registered online brokers do not use a negative balance in their work.
However, Brokeragea.com offers its clients trading with a negative balance, that is, on credit.
What is it for?
In order to drive the user into a minus and demand to pay the debt. This is one of the most popular fraud methods used by financial scammers.
If this has already happened, you need to know that scammers do not have the opportunity to recover finances under British law. Any form of pressure on you is illegal. The most that scammers are capable of is to disturb with calls, send messages with demands.
You cannot work with Brokeragea.com, as all agreements will turn into new losses.
Brokeragea.com operate with a leverage of 1 to 400 or more
At this point, it becomes clear that Brokeragea are bandits. However, let's pay attention to one fact, namely the presence of too high a credit ratio.
The credit ratio is the ratio of the finances of users and brokers at the conclusion of a trading operation. Leverage allows you to close large operations to users who do not have a lot of money freely available.
In order to protect traders in the Forex financial market, in civilized regions, laws require the use of a leverage with a maximum ratio of one to 30, in exceptional cases 50.
At the same time, Brokeragea applies a leverage of 1 to four hundred for trading on the Forex financial market.
A similar ratio is allowed in Switzerland, since firms registered in this state enjoy great confidence. However Brokeragea is not registered in this country.
In fact, Brokeragea cannot conduct Forex transactions with such leverage, due to the high risk for users. So, this is used to force the user not only to give away as much of their funds as possible, but also to drag them into loans.
Brokeragea Local Offices
It is considered important for any company to have local divisions in developed countries, even if the activity takes place only in Britain. That is why Brokeragea says that in addition to many awards, they have regional offices in Britain, Australia and other civilized countries, as well as many competent specialists.
Checking the reality of these branches is quite simple. Since there are industry structures that regulate the work of Internet brokers. In the UK, this is FCA, and for example, Australia - ASIC.
Therefore, a law-abiding organization must have permits from these or other structures that will confirm their right to provide services for trading operations in the Forex financial market, and indicate the level of responsibility.
However, after analyzing specialized websites, our experts did not find them. This once again confirms our fears.
Registration on Brokeragea.com requires the transfer of confidential data
As we reported earlier, Brokeragea does not have a trial period and because of this, in order to gain access, you must immediately transfer the minimum deposit to Brokeragea scammers. In addition, access to the Brokeragea.com personal account is possible only upon successful completion of user verification.
This means that Brokeragea requires users to submit data such as:
- Information about an individual (passport, birth certificate);
- Data on the permanent place of residence (receipt for a communal apartment);
- Information about the place of work, qualifications, experience.
In addition, during the initial transfer, the bandits are able to access bank card information.
Together, this data can allow fraudsters to issue a loan to a user, or to carry out other illegal actions.
Since for registration on the official website of Brokeragea.com, you need to send personal data, our experts could not get access to Brokeragea's personal account, as well as software for making money on the Forex financial market.
An important step in exposing Brokeragea is to study customer reviews.
A detailed study of the search results on the Internet allowed us to obtain the following data:
- Most of the Brokeragea reviews online are fake. These are template positive mentions and custom-made comments;
- All real reviews about Brokeragea are negative. Our employees could not find true reviews and references from former users of Brokeragea.com, which would talk about decent earnings, successful activities.
- Negative reviews and mentions are caused by criminal acts, theft of finances, special creation of debt.
Accordingly, the real reviews of Brokeragea indicate that this broker is a criminal.
Brokeragea contact details and documents
After analyzing the information on Brokeragea.com, our staff saw a lot of dubious digital official papers that can be easily made using a graphic editor. They are not confirmed by official firms, which means they cannot be trusted.
If an Internet broker is not associated with regulatory companies, then its traders simply have nowhere to turn for help.
On the "Contacts" page, our experts found a phone number. It turned out that it had already been used by an illegal internet broker. There are also many reviews on the web about fraudulent activities associated with the phone number listed on Brokeragea.com.
Withdrawing money from Brokeragea.com
Are you going to make money with a Forex broker? Make sure you can take money from him.
Studying the client agreement on the official website of Brokeragea, we did not see specific information about the methods of withdrawing funds. Also, our experts saw a description of the fees for a long period of inactivity of the account, but did not find information about the amount. Since swindlers do not work in the legal field, it will not be possible to cancel these fines.
Because of this, even if the user has finished working with Brokeragea, he can be disturbed by calls and sent messages demanding to pay the fine.
How does Brokeragea operate?
The method of searching for new users that Brokeragea uses is also suspicious.
The advertising uses false social media accounts in which non-existent bloggers spread information about how they quickly managed to make a profit by earning in the Forex financial market through Brokeragea. Non-existent people flaunt expensive cars and clothes, trips to resorts and other signs of a prosperous life.
Bots guarantee instant income growth, for which you do not need to learn or make efforts.
When a potential client gets in touch with criminals, Brokeragea managers report the reality of a quick income, and in addition, about the unique features of their programs, which will make it possible to quickly earn a solid income.
Further, various tricks are used to get the maximum finance from the user. For example, the user may be given a small profit in order to inspire them to transfer more deposits.
If the work on the Forex financial market turns out to be negative, the personal manager will offer to invest more in order to close the losses.
Brokeragea employees work according to methods developed by skilled deceivers. Criminals analyze information about a trader in order to put pressure on specific places and get more money.
In any case, it all comes down to one of the ends:
- If you want to withdraw investments before you find yourself in loans, you will draw fees, freeze the money invested, and do everything to force you to transfer more;
- If you let the gangsters get into debt, there will be threats, the bandits will start extorting you to pay off the fake loan.
Another way to make money for Brokeragea can be the transfer of your personal information to interested parties. We think that, as a result, detailed information about you can be purchased for a modest amount of money on an anonymous service on the shadow Internet.
Surely, after that, various criminals, sales managers, etc. will call you. You can also wait for letters from Brokeragea colleagues who will offer to “receive” lost deposits, of course, for a reward.
Since Brokeragea does not operate in an official capacity and remains anonymous, Brokeragea.com cannot be held liable under UK law. The heads of the criminal firm are carefully disguised and, at best, law enforcement agencies will be able to catch one of the "administrators".
Can Brokeragea be trusted?
It is forbidden!
Only if you are going to transfer finances to scammers, then it is better to give them to a good cause.
Let's briefly voice the evidence indicating that Brokeragea are scammers:
- Lack of official registration;
- No demo deadline;
- No information about the owners of the company;
- The phone was found in criminal fraud;
- Negative account;
- Leverage greater than 1 to fifty;
- Bad reviews;
- False data on the website.
Complete review of Brokeragea - completed. It is clear that Brokeragea are scammers.