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Finquotes Financial

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Review of the fraudulent broker Finquotes Financial - reviews of the scam

Review of the company finquotesfinancial.info showed that from the very beginning it blatantly lies to its users. On the main page it is written that the broker began its activities in 2008. Then why did checking the site show that it was created in September 2023.

On the official website finquotesfinancial.info Various awards from famous forums and conferences are posted, among them:

“Best Affiliate Program of 2019”;
“Dynamic development 2021”;
“Best Stock Broker 2012”;
“Best Copy Deal Platform 2020.”

And other significant awards, but there is no visual evidence of their receipt on the site. There are only speculations, and in addition, the website contains information that more than 455,100 traders are already registered with the company. They make a monthly trading volume of $58.1 million. Of this, they withdraw $28.01 million to their cards and crypto wallets.

The project developers claim that their project has no equal on the Internet. It is created using the latest technologies and allows people to get excellent conditions for making trade transactions almost all over the world.

At the same time, like all scammers, they hide the names of their leaders and project founders. Why do they need to glow? This site is one of hundreds that they can create every day. Moreover, a domain in the info zone costs only 1000 rubles. in a year. There are a dime a dozen such fake pages on the Internet. It wouldn’t be a pity if the site was closed, because a new one could be built.

Status	SCAM
Year of foundation	2023
Affiliate program	No information
Regulation and jurisdiction	No information
Company Features	Positions itself as the No. 1 broker on the Internet, but has no registration, regulator or licenses. Shows awards on the website that are not there in reality. There is no way to withdraw money from the site.
Website	finquotesfinancial.info
Contacts	The site published an email that does not exist in reality.

Pros

Own trading platform
Top up your balance without commission
Support from a personal assistant

Cons

No registration or licenses
Lots of fake information on the site
Withdrawal not configured

Trading Platform	Author platform
Types of accounts	Trial, VIP, Standart, Premium
Currency	USD, EUR, RUB
Deposit/withdrawal	No commission, payment cards, crypto wallets, Praxis
Min Deposit	No information
Financial Instruments	Currency pairs, commodities, stocks
Mobile Trading	Yes
Order execution	No information
Trading Features	Trading takes place on the author’s platform. Instant transactions. Help from an individual advisor. No demo version.
Competitions and bonuses	Yes

How finquotesfinancial.info scams clients

The main deception lies in the company legend. They say that they were registered back in 2008 and have strong experience in stock trading and training traders. They announce that everyone can earn money from them – from a beginner to a luminary.

But that’s not all. Company employees find people who want to make money from stock trading on various forums, social networks, even among friends and strangers, and begin to slowly “process” them. Since the company does not have a demo account, beginners are offered to start with a small amount of 100 or 200 bucks.

At the same time, the company has three different platforms that a trader must go to:

official website – finquotesfinancial.info;
trading platform – trade.finquotesfinancial.com;
personal account – office.finquotesfinancial.com

Under the guidance of an experienced mentor, a person enters the trading platform and creates his first deal. Advisor teaches how to make money at finquotesfinancial.info. The client’s account reflects trading results and analytical data. At first everything goes smoothly, there is a small profit, and the trader is eager to go big to earn a bigger jackpot.

As soon as he replenishes his account with a large amount, the mentor disappears from the radar, and the beginner himself, not yet ready to work with large numbers, loses his entire deposit and it’s good if he doesn’t go into a deep minus on transactions.

Of course, he begins to sound the alarm and contacts support, but this will not give him anything because the site was created for this purpose, to swindle “Pinocchio” for large sums. It seems that everything is lost, because sometimes people invest all their money, take out loans or mortgage houses and cars.

This outcome of the auction completely ruins them. But despair is no help in such matters. Here you need to be on time contact specialists by chargeback to compensate for what was lost.

Terms of cooperation with finquotesfinancial.info

After registration, the trader is provided with personal account finquotesfinancial.info and a trading platform that operates in three versions:

desktop;
in the Windows browser;
in the mobile application.

This is a platform developed by the company’s team. As they promise on the website, it has undoubted advantages among similar instruments, since transactions are completed instantly.

Traders are offered not only currency pairs, but also commodities, stocks, and indices as trading instruments. Beginners are offered to open one of four accounts:

Trial;
Standard;
Premium;
VIP.

When opening any account, the client is provided with a personal advisor, whose responsibilities include introducing the person to the situation and helping him carry out his first transactions. After this, the trader creates the first investment at finquotesfinancial.info. Its size is not indicated anywhere; this information is probably confidential and is transmitted to the investor personally.

Deposits and withdrawals are made through payment systems Praxis, Visa, MasterCard and crypto wallets. There are no commissions for replenishing funds, but whether there are any for withdrawing funds is not indicated anywhere. Scammers try not to give users the full picture so that there is room for fraudulent maneuvers.

License

Despite the fact that the project developers on their website say that the company has been operating since 2008 and that it is registered in many countries, in fact it does not have any registration, and no one regulates it. There are no official documents at all confirming its legality.

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Expert opinion

Eugene Rudenko

Broker finquotesfinancial.info – this is an obvious kitchen, which hides behind a fictitious reputation and far-fetched awards. All of it is thought out to the smallest detail in order to lure the client, convince him of his reliability, gain his trust, and then brazenly deceive him and take his money by deception. This is an obvious SCAM, since all its signs are present – lack of information about the founders, contacts and information about the presence of official registration.

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Reviews

On resources otziv-broker.com is reviews about the broker finquotesfinancial.info. User Nikolay L. wrote that the site manager assured him that making a deposit of less than $800 did not make any sense. In addition, employees constantly demand additional investments – either for insurance, or for account maintenance, or they have come up with some kind of tax. He realized that he was simply being scammed. The client wanted to take his money, but they did not give it to him. They said that if the trader does not pay everything that he was told, then his account will be blocked forever.

Vitaly wrote an extremely indignant response that the office employees had been promising him for a long time to withdraw money from the site, but did nothing about it. After his urgent request, they demanded that he indicate the code that was assigned to him during registration on the site. Since in fact there was no code, and Vitaly physically could not name it, the scammers demanded to pay another 1000 to restore this code. As a result, he lost his $2000.

Alexey Gribov believes that finquotesfinancial.info is a real kitchen. This charade doesn’t look like a broker at all. This is not what he says alone, but many people with whom he communicated on the forums.

Making money from trading is interesting, but learning it is difficult. Therefore, many beginners lose their deposits. Only the most persistent ones remain, who stubbornly believe in their luck and gain new knowledge and skills. But even such determination will not help if the broker turns out to be a scammer.

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FAQ

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Customer reviews are one of the main criteria that influences the placement of a broker in the ranking of the best companies. See all reviews about finquotesfinancial.info you can visit the company’s official website.

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