Squires Finance Limited
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General information or what the company Squires Finance Limited is lying about - review broker
The company came to the CIS from the UK, without taking care to formalize this relocation according to the law. It began its activities without permits and licenses.
People continue to trust her because they know about her good reputation and great prospects. But the more they value her past achievements, the less they look closely at what is happening now.
The company’s new domain, created for the CIS countries, has only recently been operational and was purchased for only three months. This does not give the company credibility. Fraudsters always act in such a way that they can change the domain again at any time and disappear from the sight of the unsuccessful traders who managed to get on their hook.
This is where dissatisfied clients come from, who have lost their funds and no longer hope to get them back. And in order to open chargeback case, you just need to go to our website and contact a specialist.
| Status |
SCAM |
| Year of foundation |
No |
| Affiliate program |
No |
| Regulation and jurisdiction |
FCA |
| Company Features |
The site is a clone of a company registered in the UK. It has no registration in the CIS. |
| Website |
squires-finance-limited.com |
| Contacts |
+442497209810 |
- Tight spreads and small swaps
- Withdrawal and replenishment of balance with a small commission
- Free training for beginners
- No registration or licenses
- Recently worked in the CIS
- Large amounts of deposits
| Trading Platform |
Metatrader 4, Metatrader 5, Brokstock |
| Types of accounts |
Direct, NDD, PRO, Mobile |
| Currency |
USD, EUR, RUB |
| Deposit/withdrawal |
Small commissions, PayPal, payment cards, bank transfer |
| Min Deposit |
1000 EURO |
| Leverage |
1:200-1:400 |
| Spread |
0,8 pips |
| Order execution |
MM, STP |
| Trading Features |
Possibility to open a single trading account forMICEX, FORTS, FOREX, CRYPTO |
| Bonus |
Yes |
How the company Squires finance limited scams users
While a person registers and starts working, site employees treat him with respect and consideration. They try to help a person understand all the functions personal account Squires Finance Limited.
A closer acquaintance occurs, during which the client’s goals and intentions, as well as his solvency, are slowly clarified. Fraudsters know how to approach people and skillfully manipulate family and other values close to each person’s heart.
As soon as he makes a deposit and opens trading, the attitude gradually begins to change. First of all, the manager begins to demand an increase in the deposit in order for the trade to be successful.
The client is allowed to make the first 2-3 withdrawals for small amounts so that he can see how it works and relax. After this, most people get excited and can no longer stop; they make new deposits for larger amounts.
And here the most interesting part begins – there is a significant delay in the execution of orders. Then suddenly there are problems with logging in. And sometimes the partner cannot log in at all official website of Squires Finance Limited, since the domain was changed on it, but they forgot to warn about it and, accordingly, did not provide a link either.
Terms of cooperation
After reviewing the SquiresFinanceLimited website, it became clear that the organization is motivated by the fact that it is the oldest in the Forex market and has extensive experience and knowledge. Beginners receive an educational course and webinars on various topics related to trading.
Basic conditions:
- You can start trading with 1000 euros;
- 4 tariff plans have been developed, each with its own characteristics;
- CFD contracts – as assets;
- sales volumes – from 0.01 lot per day;
- leverage 1:200 or 1:400;
- spreads – at least 0.8 pips;
- a small percentage of commissions.
All work takes place on an innovative platform with modern tools that are not available in other similar offices. Clients have access to 24/7 market analytics from experts with extensive experience.
The company constantly monitors the preservation of customer confidentiality and the protection of all data using state-of-the-art encryption. Therefore, users are not at risk of account hacking and data loss.
The company itself operates legally with all licenses and regulations. At least that’s what it says on the website of these scammers. It turns out that they write one thing, but in reality it is all a hoax.
In addition, they do not write that it will be necessary to constantly increase the deposit. In order for people to make new deposits, they motivate them with a large bonus of 45% of their deposit. They just don’t warn you that withdrawing money is not an easy task and is unlikely to be feasible.
License
The Squires Finance Limited website is just a clone of the real company website. That’s why there is so little data on the project’s work. They do not and cannot have any FSA license. Moreover, they do not have any official documents to work in Russia and the CIS countries. Here they operate illegally and carry out fraudulent transactions at every turn.
Reviews
Detailed reviews about investments in Squires Finance Limited. Project client Anna wrote that, unfortunately, she had not seen negative reviews about this project before. Otherwise she would never have contacted these scammers. She claims that company employees are looking for Russian-speaking people legally residing in Europe and inviting them to a cloned site that does not have any license or rights to conduct financial transactions. She was cheated out of $5,000.
She was never able to get her money back. Therefore, he warns other people not to contact this company.
Another client Olesya wrote about her bitter experience of working with the company. She was looking for information how to make money with Squires Finance Limited and hoped that everything would work out for her. But as a result, she received a large portion of negativity. Her account was sent into deep minus and she was forced to pay off a large debt. They never allowed her to withdraw her money.
Company employees could call and threaten even at night because it was not beneficial for them that clients reset their accounts. As leverage, they use pressure on the client with the help of the bank, to which the client allegedly remains in debt.
Before you start trading cryptocurrencies, research reviews about the company Squires Finance Limited.This will help you make the right choice and avoid the mistakes of other people.
Conclusion
You can make money from trading, but to do this you need to choose a serious and responsible broker. The security of each person’s funds is in his hands. Therefore, first you need to check whether the company and its website are a scam and how much you can trust it. It is especially important to study user reviews and the conditions that the broker offers.
In this case, we have a clear scam in which it is impossible to make money. Beginners lose large sums, but cannot get anything back. That is why there is so much negativity on the Internet around the company Squires Finance Limited.
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FAQ
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 Squires Finance Limited You can visit the company’s official website.
Register on the Rating Forex website – it’s 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 Squires Finance Limited, posted at the link.
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Expert opinion
Squires finance limited is one of the brokerage companies that is on everyone’s lips. Typically, such organizations receive increased attention from both clients and law enforcement agencies.
For a young company, everything is very well organized. But suspicion is raised by the complete lack of contacts and means of communication with the founders or at least with the operator. There is information that the office is registered in the UK, but it is impossible to confirm or deny this.
The company does not have licenses in Russia and the CIS and operates at its own peril and risk. Accordingly, clients from these countries also take risks, especially beginners who do not yet know how to trade and do not know all the intricacies of the brokerage business.