what do we know about the scam broker Safe Holdings
Online broker Safe Holdings, which operates in Britain, is considered a scam with a damaged reputation.
When we go to the official website of Safe Holdings - Safe-holdings.com, we will read that this organization provides intermediary services for trading operations on the Forex market in the UK. In addition, Safe Holdings offers programs for trading activities.
Our experts studied the Safe Holdings official website, got acquainted with the working conditions, made a ride to get at least test access to the services, looked through the availability of documents, the region of registration of the organization.
With the help of this data, we will figure out: Safe Holdings - a divorce or not?
In addition, we will tell you how not to get hooked by scammers, about their ways of working. We will give you the information you need to keep your finances safe.
Safe Holdings is offshore
The first call indicating that Safe Holdings is a scam is the country of registration. The organization is officially registered in the Republic of the Marshall Islands, which is already suspicious, since the company operates in Britain. Offshore countries attract the attention of criminals due to the lack of laws and executive power.
In addition, this region does not have the rights to work on the Forex market.
In addition, when we tried to find the address, information about the owners and management of Safe Holdings, we could not find anything.
This shows that Safe-holdings.com is a shady broker, interaction with which can result in large financial losses.
Failed to find information about organizers Safe-holdings.com
After analyzing the site, our employees could not find any truthful information about the management of the organization Safe-holdings.com. No physical address, no phone numbers or other means of communication.
We think that this means that the acting directors are trying to hide themselves in order to hide from the answer for the crimes. If you manage to catch one of the Safe Holdings employees, then this will all be over, and the actual leaders of the shadow company will remain at large with money.
Safe Holdings, official website - Safe-holdings.com, works less than a month
The Safe Holdings website speaks of extensive experience in the Forex financial market.
The most common way to study an official site is to get information about its domain. Usually, they fix the period of existence of the domain name, the contact details of the owner.
In this case, the Safe Holdings domain name works for less than one month, and the information about the person who owns it is classified. Another evidence that the management of Safe Holdings is trying to remain anonymous.
This desire can be accepted, but not when it comes to a financial firm acting as an intermediary between the user and Forex.
In addition to this, Safe Holdings assures users that they have been working effectively in the Forex market for many years.
Safe Holdings does not have a demo period
It is a common practice for Internet brokers to provide traders with a test version of the software so that they can get acquainted with the interface, try their hand at Forex operations with virtual currency.
Unfortunately, on the official website of Safe-holdings.com, we could not find information about the trial period, the opportunity to try out the software.
We think that the organizers of the company Safe Holdings most likely do not plan to provide users with demo access to paid software, as one of them is able to suspect something is wrong.
Internet broker Safe-holdings.com operates with a negative balance
Legal firms that operate in Forex do not use a negative account in their activities. In accordance with the laws, an online broker trader cannot spend more than is currently on the balance sheet. In those rare situations when the account goes negative, it is not the trader who is obliged to repay the debt, but the organization that offered its services.
Therefore, registered brokers do not use a negative account in their work.
However, Safe Holdings gives its clients Forex operations with a negative balance, that is, in debt.
What is it for?
To drive the trader into debt and start extorting to pay off the debt. This is one of the most commonly used fraud methods used by financial bandits.
In the event that this happens, you need to remember that scammers have no way to knock out finances in accordance with the laws of Great Britain. All methods of pressure on traders are considered criminal. The maximum that bandits are capable of is calling, sending messages with threats.
You cannot work with Safe-holdings.com, as the agreements will turn out to be losses.
Safe-holdings.com operate with a leverage of one to four hundred or more
Already now, it is obvious that Safe Holdings are swindlers. Nevertheless, let's pay attention to one nuance, namely the presence of an excessively high credit ratio.
The credit ratio is the ratio of the finances of clients and online brokers when concluding a transaction. It allows traders who do not have free access to the corresponding money to make large transactions.
In order to protect users of the Forex financial market, in developed countries, legislation requires the use of a credit ratio with a maximum ratio of 1 to thirty, sometimes 50.
At the same time, Safe Holdings uses a credit ratio of 1 to 400 to make money in the Forex financial market.
This ratio is allowed in Switzerland, as organizations registered in this state enjoy great confidence. However, Safe Holdings is not registered in this country.
In fact, Safe Holdings is not authorized to conduct Forex transactions with such a credit ratio, due to the high risk for clients. Actually, this is only used to force the user not only to give away more of their finances, but also to drive them into debt.
Safe Holdings Regional Offices
It is considered important for every organization to have regional offices in developed countries, even if the work is carried out exclusively in Britain. Therefore, Safe Holdings reports that in addition to a significant number of awards, there are regional offices in Britain, Australia and other civilized countries, and also about many competent employees.
It is easy to check the reality of these offices. Since there are specialized organizations that control the actions of brokers. In the UK it's FCA, and in Australia it's ASIC.
That is, a legal company must have permits from these or other structures that confirm their authorized right to provide trading services on the Forex market, determine the level of responsibility.
However, after examining specialized websites, our specialists could not find them. This once again confirms our fears.
For registration on Safe-holdings.com, you need to transfer personal data
As we mentioned earlier, Safe Holdings does not have a demo period, and therefore, in order to gain access, you must immediately transfer the minimum deposit to Safe Holdings scammers. In addition, access to the Safe-holdings.com personal account is really only upon successful completion of identity verification.
This means that Safe Holdings requires its customers to provide information such as:
- Data about an individual;
- Data on the permanent place of residence (payments for a communal apartment);
- Information about the place of work, qualifications, experience.
In addition, during the initial payment, scammers are able to gain access to bank card data.
Together, this information can enable scammers to make a loan to a gullible user, or implement other criminal frauds.
Since for registration on the official website of Safe-holdings.com, you need to send personal data, our experts did not get access to the personal account of Safe Holdings, as well as programs for trading operations on Forex.
Real reviews about Safe Holdings
The most important step in exposing Safe Holdings is to study user reviews.
A detailed analysis of the issue in search engines gave the following data:
- Most of the references to Safe Holdings on the Internet are fake. These are the same positive mentions and paid type comments;
- All real references to Safe Holdings are negative. We have not been able to find true reviews and references from former clients of Safe-holdings.com, which report good income, productive work.
- Negative mentions and comments are associated with illegal actions, theft of finances, artificial creation of debt.
Because of this, real reviews of Safe Holdings report that the Internet broker in question is a scam.
Contact details and papers Safe Holdings
By analyzing mentions on Safe-holdings.com, we have identified many dubious digital white papers that can be easily created with a photo editor. They are not confirmed by official companies, which means they cannot be trusted.
If an online broker is not associated with regulatory companies, then its traders simply have nowhere to turn for help.
On the "Contacts" page, we found a phone number. It turned out that it had already been used by an illegal broker. There are also many reviews on the web about fraudulent activities associated with the phone number listed on Safe-holdings.com.
Withdrawing money from Safe-holdings.com
Are you going to make money with a Forex broker? Make sure you can take money from him.
When studying the client agreement on the Safe Holdings website, our specialists did not see specific information about the ways to withdraw money. Also, our employees identified a description of punishments for a long period of inactivity of a personal account, but did not find information about the amount. Since scammers do not operate in a legal field, it will not be possible to cancel these fees.
That is, if a trader has completed cooperation with Safe Holdings, they can call and spam with a demand to pay a fine.
How does Safe Holdings operate?
Causes concern and the method of finding customers, which uses Safe Holdings.
For advertising, fake social media accounts are used, in which fake bloggers spread information about how they instantly managed to get rich by working in the Forex financial market through Safe Holdings. Ad accounts showcase expensive cars and houses, trips to resorts, and other manifestations of a prosperous life.
Non-existent people guarantee rapid earnings, for which it is not necessary to learn or apply a large amount of effort.
If the user gets in touch with criminals, Safe Holdings employees confirm the reality of instant income, and also about some unique features of their programs that allow you to instantly earn serious income.
Further, various manipulations are used, making it possible to get as much finance from the trader as possible. For example, a client can draw a fake profit in order to motivate them to give even more money.
When trading on the Forex financial market turns negative, the manager will offer to invest more in order to close the losses.
Safe Holdings employees work according to methods created by experienced deceivers. Criminals study client data in order to act on vulnerabilities, lure out more investments.
One way or another, everything will lead to one of two endings:
- When you want to withdraw investments before you find yourself in the red, you will draw fees, close the balance, and do everything to make you pay more;
- When you give the opportunity to the criminals to drive the account into debt, there will be threats, the bandits will start extorting to repay the fake loan.
Another way to make a profit for Safe Holdings can be the transfer of your personal data to third-party organizations. We think that, as a result, complete information about you can really be obtained for a small amount on some anonymous community on the darknet.
For sure, because of this, all sorts of criminals, managers, etc. will begin to spam you more often. You should also wait for letters from Safe-holdings.com accomplices, who will begin to offer to "receive" lost deposits, of course for payment.
Since Safe Holdings does not work in an official field and remains incognito, they cannot be forced to answer under the law in the UK. The owners of the shadow company are skillfully hiding and, at best, the legitimate authorities will be able to arrest one of the "employees".
Should I trust Safe Holdings?
If you plan to give finances to scammers, then transfer them to charity.
In short, we will voice the evidence saying that Safe Holdings are scams:
- No official registration;
- No trial period;
- There is no information about the owners of the company;
- Phone number seen in fraudulent schemes;
- Negative score;
- Credit ratio greater than one to 50;
- Negative reviews;
- False data on the site.
This completes the review of Safe Holdings. It is clear that Safe Holdings are scammers.