ParadTrade

The ParadTrade scammer hit him in the chest with his heel: he part of the Merit Group brand. This is a publishing holding. He had never heard of the hero of our review. The dodger was hanging noodles on his ears.

The best assistant in checking the intermediary for honesty is rating of forex brokers. Read reviews from past clients. Find out if there is a withdrawal of money. Minimize the risk of running aground.

ParadTrade actively supported the Traders Union award. Every trader should remember well: this is a fake financial regulator. He encourages scammers.

The ParadTrade website rustled: the company that manages it is registered in St. Vincent and the Grenadines. This statement does not stand up to scrutiny.

Instead of a license, Sharashkin’s office slipped in an IFMRRC certificate. This office has nothing to do with financial regulation and does not give the right to deal with traders.

The official ParadTrade website gives a pool tools. There’s a crypt there. For this, the swindler again receives a big minus. There will be absolutely no certainty that transactions will be transferred to liquidity providers.

Comment Rating Forex: ydila gave almost all the specifications. They warn: you can’t count on transferring transactions to the interbank market. This can be seen at least from the 1:1000 shoulder.

In the pool withways to top up and withdraw card transactions,crypto wallet, transfer through a crypto exchange. Scam really wants patients to top up in Bitcoin and altcoins. The motivation is simple: they are easy to steal and difficult to track.

Terms of cooperation. To earn money ParadTrade?

BablosbornikParadTrade offersinvestments:

• Vforex,
• cryptocurrency,
• actions,
• goods,
• indexes.

There is a complete list of tools on the scammer’s website. It’s in the specifications section.

Spreads are available in real time. They are very wide – from 2 points for EUR – USD. He also became generous with swaps and commissions forswap-free trade.

The ParadTrade scam has only one type of account. He gives out a scam for money:

• Leverage – 1:1000. It’s very broad.
• The minimum volume of a position is 0.01 lot. Typical level of a “kitchen”, dealer or scam.

In addition, the account must be activated. You will have to pay $5.

The scam rustles: when replenishing the depot, payment systems write off the fee. He promises to compensate for this. Allegedly, in the end the amount will be full. Attention: a real broker will never do this.

Rating Forex reminds: toCompensation is only possible from scammers, as they imitate trading. Instead of real money in the terminal, all the instruments are derivatives that are not related to the real market. That is, the scammer can move prices as he wants and draw any compensation.

Registration, regulation, replenishment and withdrawal of money from ParadTrade

Scam brokerParadeTrade whispers: he is part of the Merit Group. In fact, nothing like that. The British company is not associated with the subject of our review.

In addition, sharashka fills: it has offices in Prague and Kingstown (St. Vincent and the Grenadines). According to legend, its headquarters are in London. Rating Forex verified this information in the UK register of legal entities. There is no ParadTrade office there.

The situation is similar with registries in other countries of the world. None of them ever smelled like the hero of our review. Before us is an illegal dump. She miraculously stayed afloat for more than 3 years.

Regulation

Instead of a license from a financial regulator, the scammer showed a certificate from IFMRRC, an organization that has nothing to do with the control of Forex brokers. This is a non-profit SRO. The piece of paper it issues is not enough for the liquidity provider to cooperate with its owner.

Rating Forex reminds you: there are no honest brokers without a license from the financial regulator. This scams. They have nowhere to take their positions. All they can do is imitate trading.

Depositing and withdrawing money from ParadTrade

To replenish, the scammer suggests using:

• Visa, Mastercard cards. Enrollment is instant.
• Crypto wallets. Transaction times are 0–24 hours.

In addition, you can choose to transact through exchanges. You’ll have to wait 2 hours.

The amount of commissions is not specified. But the scammer promises that she will compensate them. It also has a bonus – commission-free transactions. He hints that payment systems take from 6% to 17% of the transferred amount. This is an inappropriately fatty collection.

Rating Forex warns: pA depot in a crypt is a sign of a scam. This asset does not fit well with anti-money laundering policies.