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Rating Forex / Brokers / Expo Trust (expo-trust.net)

Expo Trust (expo-trust.net)

Cheated by a financial organization, does not withdraw money? Do you want to check the financial company?

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    Broker Expo Trust is a leading trading platform for deceiving traders of all levels

    The company’s employees very actively offer to invest in financial assets; after the first successful deposit, they continue to escalate the situation, demanding more investments. As soon as the victim tries to withdraw profit, the manager reports a technical problem, blocks the account, or disappears altogether. Under the guise of supporting traders and a platform for trading top currency pairs and other financial instruments, the service robs investors. If you carefully study the site and the Terms of Cooperation, which are only available in English, it turns out that the service is not responsible for any losses of the trader. And in general, it can block an investor’s electronic account if it decides that he is a fraudster. The Terms do not contain the form of ownership of the company, the names of beneficiaries or representatives, only the address of the office building in which many companies and individuals are registered.

    Status

    Fraud and extortion under the guise of a broker

    Date of foundation

    2018, according to other sources — September 2023

    Affiliate program

    There is a referral program

    Regulation and jurisdiction

    There is an office in the United Kingdom, but no regulatory authorities control the company

    Official website of the company

    https://expo-trust.net/ru/

    Contact details

    [email protected], 91-92 High Street, Thame, Oxfordshire, OX9 3EH, UK, +441133284621

     

    Pros
    • The company promises fast and big earnings
    • There is a dedicated manager 24/5
    • Flexible leverage
    Cons
    • Fraud and deception of traders
    • No information about successful transactions
    • No contacts and unclear jurisdiction
    • Numerous negative reviews
    Trading Platform

    Expo Trust

    Types of accounts

    Yes

    Currency

    USD, EUR, GBP, AUD, JPY, BTC, PLN, CZK

    Deposit/withdrawal

    Replenishment of the client’s account to the account. There is no confirmed information about successful withdrawal of funds.

    Min Deposit

    Not specified

    Leverage

    1:1000

    PAMM

    No

    Min order

    0,01

    Spread

    From 1.4 points floating to 2 points fixed in the Standard account, there are also Ultimate, Pro, Elite accounts

     

    Financial instruments

    Forex, metals, commodities, cryptocurrency, stocks, futures, indices

    Margin Call/Stop out

    Stop Out 10%, 20%, 30% or 50% depending on account

    Liquidity Provider

    Not specified, most likely does not exist

    Mobile Trading

    No

    Affiliate program

    Yes

    Order execution

    The order processing time is not fixed, as it depends on the market, conditions and speed of order execution

    Competitions and bonuses

    No

    👉Terms of cooperation

    ExpoTrust is a fraudulent platform that, under the guise of a trading platform, steals investors’ money. This broker is not licensed and provides too little information about its activities, owners and partners.

    If you start to understand Expo Trust and what kind of organization it is, you can find out that the company has supposedly existed since 2018. True, the site was registered in the fall of 2023, and the latest updates to the Terms and Conditions were made on September 10, 2023. Apparently, at this moment the scammers became more active and began to actively attract new clients.

    The company does not have registration in the United Kingdom and in general such a legal entity is not listed in the registers. Then what kind of access to liquidity providers can we talk about? No one will cooperate with anonymous people. On its website, the unscrupulous broker claims that it is regulated by the FCA, but according to the registers of the Financial Conduct Authority there is no mention of the ExpoTrust project. It turns out that the organization maliciously provides false information. Despite the fact that the data is quite easy to check in open sources, Expo Trust continues to work and deceive gullible investors.

    Registration on the site is quite simple. You need to provide your name, email and phone number. There are 4 types of accounts available to the user:

    • 📌 Standard;
    • 📌 Ultimate;
    • 📌 Pro;
    • 📌 Elite.

    They differ in spread, leverage size and assets available to the trader. It is indicated that there is a commission for performing transactions, but what it is and what it depends on is kept silent. In the reviews, victims of these scammers say that the commission for withdrawing $90 was $150, but even with such an extortionate rate, the withdrawal did not take place.

    The type of account opened on the platform also determines what financial instruments a trader can use. You can trade the following assets:

    • 📎 Forex and metals in Standard;
    • 📎 Forex, metals, commodities and cryptocurrencies in Ultimate;
    • 📎 Forex, metals, commodities, cryptocurrencies and stocks in Pro;
    • 📎 Forex, metals, commodities, cryptocurrencies, stocks, futures and indices in an Elite account.

    The Expo Trust website is filled with promises of easy and quick money on stocks, bonds and other assets. Flashy marketing techniques and mythical high incomes do not coincide with reality. Expo Trust guarantees profit, while a real trader cannot afford this, because the market is unpredictable and subject to sharp declines and rises for one reason or another.

    Along with guaranteed success, the company was not too lazy to place a disclaimer at the bottom of the main page of the site. Trading involves significant risk and they are not responsible for losses. Where is the guaranteed profit and expert help in decision making?

    These are not the only inconsistencies in the terms of cooperation with scammers. The broker publishes reviews of happy clients, but in reality it is impossible to find those who received at least the invested money. The withdrawal of funds is supposedly made:

    • 📍 to bank accounts within 1-3 business days;
    • 📍 instantly to Visa, MasterCard cards;
    • 📍 instantly through electronic payment systems, including Skrill, Neteller;
    • 📍 to crypto wallets depending on blockchain regulations.

    The project has a referral program, which apparently continues to attract new investors. Existing clients who have not yet realized that they have fallen into the trap of scammers can invite partners to the company. Using the referral link, you can get $100 if the invited trader opens an account with $1000. There are no detailed conditions for the referral program. What if a friend opens an account with $2,180? There is no information on how the interest is calculated depending on the amount of the open account.

    Expert opinion

    Eugene Rudenko

    Persistent managers of the pseudo-trading platform continue to advertise Expo Trust, betting on inexperienced or naive traders. Investors and experts who have lost their money warn that interaction with the Expo Trust platform may result in large losses, no matter how beautifully it describes its terms and benefits. The absence of any legal protection, anonymity and opacity of the service should alert traders. There is no information about commissions and hidden payments, there are no adequately defined regulations, there is no license, which brokers always publish on their official website as a sign of good manners.

    Want to spread the word about your company or have you been in a negative review? Contact the portal editorial office right now

    💬Reviews from clients

    It is very significant that when searching for information about the Expo-Trust project, in the first lines of search results, Russian-language and English-language sites offer reviews of divorce victims. There are so many reviews and they are so colorful that one can only wonder how investors still decide to give Expo Trust money.

    Expo Trust брокер с негативным рейтингом

    ViOla77, judging by her review, lost only $500, although for some this amount could be huge. The broker’s persistence led to the client investing money without hesitation, and then, while analyzing the site, she began to guess about the deception.

    Мнение пользователей о Expo Trust

    Alfred topped up the scammers’ account before reading the reviews. This became a fatal mistake, since Expo Trust does not intend to withdraw money. Many traders talk about the lack of feedback. It is not possible to contact technical support whose email is listed on the website. Perhaps it doesn’t exist in principle, since the problems of the false broker’s clients are not of concern.

    Expo Trust развод

    David made a small deposit to begin with, but later Expo Trust accomplices persuaded him to deposit much larger amounts. It seems that this is a common scheme of divorce, in which they squeeze everything they can out of the client until he suspects something is wrong. David’s funds, of course, were not returned, and communication with the platform’s “expert service” was lost.

    Judging by this review by Maxim R., the phone number listed on the website is still working, but unwanted clients are sent to the block. If a trader starts asking questions about withdrawing funds, his personal account is frozen and support stops responding.

    Expo Trust отзывы

    The reviews about Expo Trust are so bad and there are so many of them that there is no doubt that it is a scam. The broker takes advantage of people’s gullibility and desire to make money, but does not provide even the minimum profit. Project managers disappear without a trace as soon as the trader starts asking meaningful questions and looking for ways to get their investment back.

    ️Conclusions about cooperation

    Expo Trust is definitely a scam project that is shrouded in secrecy and secrets. There is no regulation and information about the creators of the platform. The trading terminal is unknown, which is also not normal for a good broker. It is unlikely that it will be possible to declare the illegal activities of the project. Even if the police accept the complaint, no one knows who and where to look. The company is foreign and it is unknown where it is registered, it is impossible to find the ends.

    On 10 pages of Terms and Conditions, the scammer with his entire team of very qualified managers did not manage to post truly useful information. How to withdraw money from Expo Trust remains a mystery. These withdrawal methods do not actually exist. You can allegedly withdraw money with the help of platform employees, but they not only do not allow you to do this, but also block your account if any suspicions arise about their fraudulent schemes.

    Considering the experience of traders who have suffered from these scams, no withdrawal is provided at all. After all, the goal of Expo Trust is to get as much money as possible. After making a deposit, the client can be blocked, especially if he asks more than the victim needs to know.

    It is better for investors to choose a regulated and reliable broker and pay attention to reviews, comments on social networks, ratings and data from trusted sources. Our specialists can tell you how to do this. For those who want to learn real ways to make money on the Internet, our service will help them master the principles of the financial market, exchanges and smart investing. If you want to undergo training, learn the theory and gain practical trading skills, or have already fallen for the tricks of scammers like Expo Trust and you need help from specialists, contact us for qualified advice.

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    ❔ FAQ

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    How do client reviews about Expo Trust affect the company’s rating?

    Customer reviews are one of the main criteria influencing a company’s position in the ranking of the best companies. You can see all the reviews about Expo Trust on the company’s official website.

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    How to write a review about cooperation with Expo Trust on the Rating Forex website?

    Register on the Rating Forex website — it is free and takes up to 5 minutes, taking into account the registration confirmation via the link that will be sent to your email. Detailed instructions on how to leave a review about Expo Trust can be found here.

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