Profit Vision - not a scam. Fraud and its signsDwain Ross 01 / September / 22 Visitors: 16
The current year has turned out to be a financial loss for many, and a complete financial crisis for some. In such conditions, the search for new opportunities for earning begins. Someone applies for freelancing and masters Internet professions, while someone remembers Forex.
Let's talk about fraudulent brokers and what to do if the money from the trading account suddenly evaporated somewhere. Yesterday, the account was pleasantly pleased with a tidy sum, and today the number 0 is sadly glowing.
The content of the article: Profits Vision scam
- Profits Vision scam Protection Service talks about the most common Forex fraud methods.
- Profits Vision scam: What do you need to start trading?
- Start by registering on Profit Visions legit broker:
- Profits Vision scam review: How to replenish the deposit?
- Profit Visions scam protection team: How brokers most often cheat
Profits Vision scam Protection Service talks about the most common Forex fraud methods.
Profits Vision scam Protection Service warned of possible problems with the financial operations of money.
What “straw” you need to remember when starting Forex trading with a broker?
What should you pay attention to before entering a bank card number on the broker's website with the anticipation of making a profit? Below are some basic safety precautions.
1. Check the broker company
It is worth spending a little time to study the “inside and out” of the broker:
- How long has the company been on the market.
- Where the company is registered - offshore and countries such as Cyprus, Seychelles, Vanuatu should immediately alert.
- Is it missing in the "black" lists of brokers, what other traders write about the broker?
2. Thoroughly read the terms
We recommend focusing on three points:
- What payment systems are supported on the broker’s website – if there is no option to transfer funds from a bank card to a trading account, it’s not worth starting trading, since it is possible to return money from a broker under the chargeback procedure only when it was received from a bank card
- What conditions for replenishing a trader's account and withdrawing funds does the broker offer, how much is the commission - it happens that the broker works without deceit, but on draconian terms for the trader
- Where the money is sent to replenish the trading account - if these are the details of a private person, not immediately.
And here are the nuances that are important already in the process of trading, which you need to know about:
- To replenish a trading account, use only a Visa or Mastercard bank card.
- If problems and difficulties arise, all questions with the broker are resolved through correspondence (not telephone conversations), and the correspondence is saved.
- Do not agree to overpayments and separate commissions for the urgency of withdrawing funds.
Submit an application for withdrawal when all transactions are closed, and refuse to open new positions until the declared amount is credited from the trading account to the declared bank card.
Profit Visions legit broker shared the secrets of safe trading in the Forex market
A feature of brokers registered in Europe is the verification requirement. If the registration procedure involves verification, Profits Vision is not a scammer and explains the details in front of you.
Profits Vision scam Protection Service as an example of many years of positive experience.
Brokers provide their clients with access to the Forex market. To do this, the client places his order on the platform of the intermediary company.
Profits Vision scam alert review: What do you need to start trading?
Start by registering on Profit Visions legit broker:
Wait for a call from the account manager or contact the company using the contact details provided.
Proceed to the selection of portfolios in the "Account Types" section. There you will see the minimum deposits for each of the accounts.
Top up the account of the company that corresponds to the appropriate tariff that you have chosen for yourself.
Profits Vision scam alert review: How to replenish the deposit?
There are several options for depositing and withdrawing funds:
Replenishment of funds through the bank. You replenish your account through the bank's cash desk or in other usual ways. Such replenishment can take up to several days (3-5), so it will not be possible to instantly transfer the replenishment of the account with the broker in this way.
For a quick deposit, use your bank card or credit funds from the broker's fund.
Withdrawal of funds is carried out to the same card that you used to replenish your account.
Profits Vision scam alert review: Tips for Checking Scam
If you have questions or difficulties with the withdrawal of funds, this is definitely a sign of dishonesty of the broker. The main signs of an unscrupulous company:
- Delay or complicated withdrawal procedure;
- Advertising that promises inflated amenities and too fast earnings;
- The website contains information about contacts, registration and the main office of the brokerage company;
Profit Visions legit broker scam protection team: How brokers most often cheat
Profit Visions legit broker: Refusal to withdraw funds
Moreover, the application for withdrawal is approved, it is placed in a general queue and can even be attributed to completed. However, the money will not be credited to the trader's card. "Accidentally" get lost in the process of transfer somewhere gone, and it's not the broker's fault! In reality, everything was predetermined, and the money from the trader's account went offshore or to a left account.
Profits Vision fraud alert: Complete zeroing of the account in the absence of open transactions or refusal to withdraw
Fraud "on the forehead", without explanations and hopes. The account suddenly resets to zero, often when the trade is not even trading. There was money in the account and suddenly they were gone. Another variant of pure deception is a refusal without explanation.
Profits Vision fraud alert: Failed to pass verification
Many brokers cannot withdraw funds without verification. Only here sometimes it is not possible to verify, because more and more new documents are requested from the broker. In fact, no one planned to return the money, and even more so to give more if the trader made a profit.
Profits Vision fraud alert: Brokerage bonus
When replenishing the account, the trader is offered a "tasty" bonus for example, doubling the amount on the account. And then it turns out that the bonus is subject to mandatory working out, which requires large volumes of transactions, or, if it is worked out, it is impossible to prove the fact of working out.
Profits Vision fraud alert: Payment of a substantial amount
Even brokers with a decent reputation are capable of this. It can be much easier to deceive a particular trader than to give him a serious profit.
Profit Visions, legit broker: Excess withdrawal amount
Money can be withdrawn, but the withdrawal limit is limited by the amount that was transferred by the trader to the brokerage trading account.
Profits Vision scam alert review: Promotion and drain
The classic scheme of fraud a person is given a taste of winning, thereby emotionally untwisting for a significant replenishment of the account and trading in a big way. As a result, the account is blocked, or there is a sharp drop in the trader's quotes and a drain on funds.
Be sure to study the history of the broker so as not to fall for a scam. Profit Visions warns: do not trust promotional offers with too favorable earning conditions.