IO-T BizSoft

So that as many potential patients as possible do not suspect anything, the scammer “IO-T BizSoft” pretends to be a reputable intermediary with an impressive history. Attention: the people behind him have been repeating this tale on their collection sites for the last 5 years. All of them stay afloat for less than a year. Then a wave of negative reviews and scams followed.

Looking for times robes of Forex scammers? Every review of black forex brokers on the Rating Forex website – a complete drain on scammers, because of whom they will be severely downvoted. Protect yourself from the most arrogant scammers. Don’t let them take your capital.

Attention: toIdala claims: he is registered in Cyprus. Nothing like this. The same problem is with the licenses of the four financial regulators that supposedly control its work.

Scam gives the types of markets where it promises to lead. This is where the details about financial assets are exhausted. There are no specifications other than the amount of leverage. And there is nothing to be happy about. It is too broad for an honest Cypriot broker.

The money sucker does not spread, how to replenish and draw a conclusion. His patients find out everything only after registration. Honest reviews make it clear: the IO-T BizSoft scammer loves cryptocurrency most of all. Requires you to replenish it supposedly for safety. It’s actually the easiest to lick off.

Terms of cooperation

ScammerIO-T BizSoft offers investments in 6 markets:

• Shares.
• Commodities.
• Currency.
• Indexes.
• Cryptocurrency.
• Metals.

Some of the dala dal instruments are in the form of CFD. Others are presented as real exchange financial assets.

In fact, the entire range of the fake broker “IOU-T BizSoft” is pure garbage. It only simulates trading in a browser terminal. This is clear from the presence of cryptocurrency pairs in the list of assets. They don’t have liquidity providers. Therefore, only “kitchens” and scammers sell them.

Dodger did not provide a complete list of tools. Rating Forex warns: this is a concrete reason to be blacklisted without a return ticket.

Nand there are 3 trading accounts to choose from:

• Elementary — $ 150.
• Medium — $ 1000.
• Professional — $ 10000.

Each position has instant execution. This is a sign of a scam. An honest broker always has market execution.

In Elementary the leverage is 1:100. The leverage is too wide for a sharashka office that poses as a broker from the eurozone. Every trader must remember: the maximum there is 1:30.

In Medium the leverage is 1:500. A fake broker offers access to crypto trading, deposit insurance. Both are tempting. And very cheap. It is designed for newbies – beginners who do not know that:

• crypto must be traded on a crypto exchange;
• brokers do not insure deposits.

In Professional everything is the same as in Medium. Plus deposit protection and 24/7 technical support. A normal Forex broker offers both to all its clients, regardless of the deposit.

Other than the shoulder, the throw does not provide any specifications. Rating Forex advice: you can’t even try to wash with such a bit. In addition, there are no spreads, swaps, commissions, margin calls, stop outs or even minimum positions on the Dodger site.

Registration, regulation, replenishment and withdrawal from IO-T BizSoft

Fake broker”IO-T BizSoft”supposedly registered at: Sfakion 15, Mesa Geitonia 4001, Cyprus. We are talking about Cyprus. There is no such personnel in the local register of legal professionals.

Before us is an illegal sharashka without any documents. It was created for scamming money; in principle, it cannot bring transactions to the interbank market. No liquidity provider would work with such a rotten bastard.

According to IO-T BizSoft, he has the following licenses:

• DFSA (U254769).
• FCA.
• CySEC (934/67).
• FSCA.

Considering that there is a space instead of registration, there is no point in checking licenses. In addition, the number 934/67 clearly gives away the scammer.

CySEC (Cypriot regulator) appeared only in 2000. The last digits of the licenses it issues are based on the year of issue. That is, the scammer claims that he received permission to work as a broker 33 years before the appearance of the financial regulator.

Rating Forex has carefully checked all the registries it talks about. As expected, he was not there.

But the Russian Central Bank knows very well about the trickster. The regulator gave him a red card. Sent to the blacklist as punishment for deceiving the Russians.

Like a divorceandt for money IO-T BizSoft

It is important to understand: “IOU-T BusinessSoft” – one of hundreds of similar sites where money scams take place. Victims are lured:

• cold calls;
• fictitious accounts on social networks;
• fake vacancies;
• fake advertising from partners of large banks.

To make money, the scammer promises super profits and deep liquidity. At the same time, he first tries to induce him to give him a small amount so that the patient has something to lose. After:

1. Starts to twirl the quotes in order to drain the depot or draw soot.
2. Spins up the account. Preferably for a couple of million wooden ones. Many find themselves deeply in debt. The bastard does not lag behind until the victim gets tired of unfastening the cabbage or it runs out.

When trying to withdraw, a patient of the fake broker IO-T BizSoft may receive a ban or new requirements to quickly fork out money. In the latter case, the trickster says: before removing the beans, you need to pay insurance, conversion fees, and taxes. This is another scam. She won’t give away a penny.