Broker Review

CTX Prime Review: Check These Scam Broker Characteristics

Step into the dark side of online trading with CTX Prime. This is an enticing but unregistered broker that lures investors with the promise of trading both CFDs and forex.

Donning the guise of RMD Developments LTD, the broker operates out of the sun-soaked paradise of Dominica, a popular offshore destination for shady trading brands.

However, beware of its questionable practices that have left many investors in a state of financial ruin. Let’s dive deeper into this CTX Prime review.

What is more, we strongly advise you not to invest in Target Trading and TigersFM fraudulent brokers.

Leverage	1:200
Regulation	No
Headquarters	Dominican Republic
Minimum Deposit	250 Eur
Review Rating	1/5
Broker Type	Forex
Platforms	Web
Spread	1 pip

License and Funds Security at CTX Prime

If you’re thinking of trading with CTX Prime, you might want to read this first. We did some digging and found out that the company behind this brokerage is registered in the Dominican Republic, where regulatory standards aren’t very strict. That means they don’t have any regulatory oversight, which could spell trouble if you encounter fraud or other issues.

We also noticed that they listed a UK phone number, but we couldn’t find any info on the FCA’s website about this brand. Long story short: trading with fake brokers like CTX Prime is risky business. Moreover, you could be putting your finances in danger. For a safer option, consider trading with a company regulated by a well-respected regulatory agency.

CTX Prime Trading Platform Overview

CTX Prime’s web-based trading platform falls short of the essential features that professional trading platforms like MetaTrader 5 offer. For instance, the platform cannot run automated trading sessions, a popular feature of MetaTrader 5.

Additionally, the software lacks robust charting tools. If these features are crucial to your trading strategy, we recommend checking out brokers that support MetaTrader 5.

Note: Your input is valuable to us, and we would like to invite you to share any adverse encounters you may have had with this or any other deceitful business.

Trading Instruments Available at CTX Prime

CTX Prime did not disclose its trading instruments on its web page. CTX Prime has not provided any information on the specific financial instruments that it trades, making it difficult for potential investors to decide whether to invest in them. Additionally, the company’s website appears broken, further eroding trust in the platform.

The inability to access essential information on the website has led many to question the legitimacy of CTX Prime. This raises doubts about its ability to provide a reliable and secure trading environment. These issues highlight the importance of transparency in the financial sector and the need for people to conduct due diligence before investing their money.

CTX Prime – Account Types

Many traders have expressed anger with the lack of transparency regarding the different account options available. We already know that their site is currently broken, which has further eroded trust in the platform.

These issues have caused concern among traders, who increasingly demand transparency and accountability from FX trading platforms. In conclusion, the lack of information about trading account types, combined with the website’s technical issues, raises significant doubts about CTX Prime’s ability to provide a reliable trading environment.

Deposit and Withdrawal

According to their web page, CTX Prime claims to accept payments via bank wire, VISA, and MasterCard, but it appears that they prefer BTC payments.

If you’re interested in crypto payments, you may want to explore other brokers who accept BTC. Additionally, it’s imperative to note that CTX Prime’s Terms and Conditions state that they reserve the right to refuse card deposits from their users.

How Does This Scam Operate?

It is becoming more and more common to fall victim to scammers in the financial markets. These fraudsters prey on unsuspecting individuals by creating fake broker websites that offer no real benefits. They use these sites to trick people into thinking they have invested their money, only to disappear once the funds have been deposited.

These scams often begin with scammers obtaining contact information and repeatedly calling to persuade victims to invest. Unfortunately, the victims never see any actual profits and cannot withdraw any cash. To make matters worse, scammers often operate through offshore firms and mask their addresses and names, making it difficult to track them down.

Even if all the withdrawal conditions are met, the scammers disappear and move on to their next deceitful tactic. It’s important to be cautious and never feel embarrassed about reporting a scam. Keep in mind that the terms and conditions of these fraudulent sites can be a puzzle, with high minimum trading volume requirements and other red flags to watch out for.

The Best Foreign Exchange Brokers

Check out these reliable brokers that are not only safe and trustworthy but also quite widespread. This list of recommended brokers is worth considering. So let’s dive into it now!

Broker	Country,	Rating	Min. Deposit	Website
FXTM Broker	Cyprus, UK, Mauritius	4.5	$10	Forextime.Com
OctaFX Broker	Cyprus, SVG	4.4	$100	OctaFX.Com
FP Markets Broker	Australia, Cyprus	4.7	$100	FpMarkets.Com
XM Broker	Cyprus, Belize, Australia	4.7	$5	XM.Com
HFM HF Markets Broker	Cyprus, UK, South Africa, UAE, Kenya	4.3	$5	HFM.Com
FBS Broker	Cyprus, Belize, Marshall Islands	4.85	$100	FBS.Com

CTX Prime Summary

CTX Prime is a firm that operates with a questionable level of transparency and legitimacy. The company is registered in the Dominican Republic, which has lower regulatory standards, and it appears that the company lacks any regulatory oversight. The website is broken, and they do not provide information about their trading instruments and account types.

These factors raise doubts about the ability of CTX Prime to provide a secure trading environment. What’s more, the platform’s web-based trading software lacks many basic features such as automated trading and charting tools.

The deposit and withdrawal process seems complicated, and the company appears to favor BTC payments. Traders should be careful, and conduct due diligence before investing their money in this company.

FAQs

Is my Money Safe with CTX Prime?

It is uncertain whether your money is safe with CTX Prime due to its debatable level of transparency and lack of regulatory oversight.

Does CTX Prime Offer a Demo Account?

There is no information about whether CTX Prime offers a demo account.

How Secure Is CTX Prime?

CTX Prime’s lack of regulatory oversight and broken website raises many concerns about its security.

Investous Review: Discover More About This Broker

Investous Review is a renowned broker that belongs to the esteemed F1Markets Limited family of brokers. Along with other reputable names such as EuroPrime, 24CM, and Stratton Markets, Investous operates on the beautiful island of Cyprus. Its parent company is registered with CySEC, the country’s financial regulatory body.

However, our in-depth Investous review uncovered some information that goes beyond the company’s impressive lineage. We found that this broker has a rich history of dealings with both CySEC and the UK’s FCA, making it a compelling entity to explore. So, fasten your seatbelts and join us on this thrilling ride as we delve deeper into this article.

Additionally, we strongly advise you to avoid the fraudulent brokers Jetbitx, Finero, and Caplita.

Leverage	up to 1:500
Regulation	CySEC and IFSC
Headquarters	Cyprus
Minimum Deposit	$250
Review Rating	4/5
Broker Type	FX
Platforms	MetaTrader 4
Spread	from 2.5 pips

Investous Compliance and Safety

Investous is a licensed and authorized Cyprus company, operated by F1Markets Limited, which is regulated by the IFSC and CySEC. CySEC is one of the three major regulatory hubs globally, alongside the Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investments Commission (ASIC), and is renowned for attracting many legit brokers to the industry.

Brokers operating under CySEC jurisdiction are required to provide negative balance protection to their clients, keep the funds in segregated trust accounts that are protected from creditors, file regular reports, allow external audits, maintain a minimum operational capital of at least 730,000 EUR, and participate in a client compensation fund. The compensation fund virtually ensures all client accounts for up to 20,000 EUR, payable in the event of broker insolvency.

Trading Platform Available at Investous

Investous MetaTrader 4 trading platform is the most popular solution on the market.

For almost 15 years, MetaTrader 4 has been a dominant player in the market, and it continues to be the top choice among traders. This platform boasts a superb interface, outstanding charting capabilities, and a plethora of market indicators and trading bots. This makes it effortless to run automated trading sessions.

Trading Instruments Offered

Investous offers not only a wide range of basic currency pairs but also a selection of other instruments, such as Forex and CFD, which are excellent choices for trading.

It’s worth noting that it’s crucial to ensure that your chosen strategy aligns with the specific instrument you intend to trade.

Types of Accounts

Investous offers four distinct account types: Basic, Gold, Platinum, and VIP. Each account has its minimum deposit requirement, with the Basic account starting at $250 and the VIP account requiring a minimum of $250,000.

While the Gold account provides significant advantages over the Basic account, there is little difference between Gold, Platinum, and VIP. This strategy encourages investors to spend a minimum of $25,000 to access better features and pips.

In contrast, well-established brokers oftentimes do not have high minimum deposit requirements and strive to provide excellent services across all account levels. This approach ensures that traders can engage in fair trading without breaking the bank.

Deposit and Withdrawal Procedure

Investous provides several payment options, including bank wires, cards, Skrill, and Neteller. While these options are convenient, it would be beneficial to have additional payment processors to cater to traders from diverse geographic locations, providing them with more extensive payment choices.

Moreover, you have the option to create an account in US Dollars, British Pounds, Euro, or Russian Rubles.

Note: Have you ever had a run-in with a deceitful broker that left a sour taste in your mouth? If so, we’d love to hear about it! Your negative experiences could help us root out deception and protect you and others from falling victim to such practices. So, don’t hesitate to share your story with us. We’re all ears!

Exposing the Deceitful Maneuvers of Fake Brokers

Beware of the dark side of the industry where dishonest brokers lurk. This goes without saying! These cunning individuals employ various tactics to mislead you into making them rich at your expense. They will dangle the lure of high returns while concealing the risks.

They will also pressurize you to make rushed decisions or hide vital information that could jeopardize your investment. To evade their traps, you need to conduct thorough research and choose a broker with a proven track record, transparent communication, and proven success. Don’t let these dishonest brokers trick you and ruin your investment ambitions. Stay ahead of the game and keep yourself informed.

Recommended Foreign Exchange Brokers

Trading requires security, and selecting a reliable broker is paramount. To help you find the right fit for your trading objectives, we’ve handpicked some of the top-rated brokers on the market. You’ll get an overview of what they can provide to meet your needs.

These brokers have a lot to offer, including exceptional customer support, low fees, modern platforms, and educational resources to enhance your trading skills. Let’s hop into each broker and start your trading journey with confidence today!

Broker	Country,	Rating	Min. Deposit	Website
FXTM Broker	Cyprus, UK, Mauritius	4.5	$10	Forextime.Com
OctaFX Broker	Cyprus, SVG	4.4	$100	OctaFX.Com
FP Markets Broker	Australia, Cyprus	4.7	$100	FpMarkets.Com
XM Broker	Cyprus, Belize, Australia	4.7	$5	XM.Com
HFM HF Markets Broker	Cyprus, UK, South Africa, UAE, Kenya	4.3	$5	HFM.Com
FBS Broker	Cyprus, Belize, Marshall Islands	4.85	$100	FBS.com

Investous Summary

Investous is a regulated Cyprus-based broker, operated by F1Markets Limited and regulated by the CySEC, which attracts legitimate brokers to the industry. The broker offers the MetaTrader 4 trading platform, which has been a dominant player in the market for almost 15 years.

Investous offers a wide range of basic currency pairs and other instruments such as Forex and CFD. It offers four account types with varying minimum deposit requirements, and a variety of payment options, including bank wires, cards, Skrill, and Neteller. The broker is transparent, complies with all regulations, and provides investor protection.

FAQs

Is Investous Regulated?

Yes, Investous is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Services Authority (FSA) in Seychelles.

Does Investous Charge Deposit or Withdrawal Fees?

Investous does not charge deposit fees, but withdrawal fees may apply depending on the method used.

What Is Investous' Headquarters Country?

Investous is headquartered in Cyprus, where its main operations and services are located.

Oriontero Review: All About Oriontero.Com

Oriontero Review, there is an overload of brokers out there claiming to offer the latest and greatest in technology and tools. But while many of these competitors still use outdated methods, Oriontero boldly sets itself apart by promising cutting-edge platforms and software that others haven’t even thought of yet. Sounds impressive, right?

Unfortunately, Oriontero is nothing more than a run-of-the-mill brokerage, offering a lackluster web trader that falls far short of expectations. In fact, we’ve done our research and discovered that Oriontero is nothing but a scam. Stick with us as we dive into the details of our Oriontero review and expose the truth about this fraudulent company.

Furthermore, we highly recommend that you avoid the scam brokers Finaguide and Metadoro.

Leverage	1:200
Regulation	No
Headquarters	n/a
Minimum Deposit	250 EUR
Review Rating	1/5
Broker Type	Forex
Platforms	Web
Spread	n/a

Safety and Regulation

When it comes to brokers, regulations cannot be overlooked as they assure you of refunds in case of any problems. As Oriontero is an anonymous site, it was difficult to find information about their licensing. The company did not furnish us with basic details such as the headquarters, leaving us to speculate about where to file complaints.

However, we did come across an explanation that the firm intends to be regulated but may still be in the process of acquiring a license. Keep this in mind.

Trading Platform

Oriontero claims that its platform is unique and unrivaled, but we discovered that the Webtrader they offer is actually quite common. Many shady brokers use this same basic software, which is not nearly as good as the well-respected MetaTrader 4 and 5 platforms. We compared Webtrader to the MTs because they are widely considered the best trading software available. Sadly, Oriontero’s trading software is subpar, and we recommend avoiding it for that reason alone.

In addition, Oriontero falsely claims to offer MT4 and MT5, which is a red flag that suggests they may be a scam. While the trading costs they reveal seem reasonable at first glance, the fact remains that Oriontero is a fraudulent company. So, low trading costs are not relevant in this case.

When it comes to leveraging, Oriontero defaults to a risky 1:200 ratio, which cannot be changed. This is a major red flag as clients are exposed to a potentially risky trading environment. In fact, many countries, including the EU, UK, and Australia, have set a maximum leverage of 1:30, while the US has set it at 1:50.

Account Types at Oriontero

Oriontero offers 7 distinct account types. The accounts are:

Bronze – Requires a deposit of 10,000 EUR
Silver – Requires a deposit of 25,000 EUR
Gold – Requires a deposit of 50,000 EUR
Platinum – Requires a deposit of 100,000 EUR
Diamond – Requires a deposit of 250,000 EUR
Premium – Requires a deposit of 500,000 EUR
VIP – Requires a deposit of 1,000,000 EUR

These accounts provide varying levels of support, knowledge resources, and risk-free trades. According to the FAQ section on Oriontero’s website, the minimum deposit required when using a credit card is 250 EUR. However, this amount may differ for other payment methods.

Deposit and Withdrawal Methods

Oriontero requires a minimum deposit of $250 when using a bank card. However, for the basic account type, the minimum deposit is $10,000. This is a significant amount of money, and we believe it is too high, especially considering the other issues we have uncovered.

Unfortunately, Oriontero provides lacking information regarding withdrawals and fees. The only thing we know is that it takes five days for the broker to process withdrawal requests. However, we do not believe it is worth discussing withdrawals because we have determined that this broker is a scam.

How Does The Scam Operate?

If you’re thinking about investing your savings in a broker, be aware that not all brokers are trustworthy. Some brokers use deceitful tactics to entice you into investing and make a quick profit at your expense. They may make false promises of high returns with little risk. Moreover, they may pressure you to make hasty decisions or withhold essential information that could impact your investment.

To avoid getting scammed, it’s important to do your research and choose a broker with a strong reputation and good communication. You don’t want a dishonest broker taking advantage of your trust and ruining your investment goals. Keep yourself informed and ahead of the game by selecting a licensed and reliable broker.

The Finest Forex Brokers

Let’s discover the best top-rated brokers! Instantly, you’ll be able to find your perfect match for achieving your trading goals. These brokers offer a wide range of customizable services and features to suit your needs, giving you the maximum trading experience.

From rock-bottom fees to exceptional customer service, platforms, and top-notch education, you’ll enjoy it fully. Take a look at our top-rated brokers below!

Broker	Country,	Rating	Min. Deposit	Website
FXTM Broker	Cyprus, UK, Mauritius	4.5	$10	Forextime.Com
OctaFX Broker	Cyprus, SVG	4.4	$100	OctaFX.Com
FP Markets Broker	Australia, Cyprus	4.7	$100	FpMarkets.Com
XM Broker	Cyprus, Belize, Australia	4.7	$5	XM.Com
HFM HF Markets Broker	Cyprus, UK, South Africa, UAE, Kenya	4.3	$5	HFM.Com
FBS Broker	Cyprus, Belize, Marshall Islands	4.85	$100	FBS.Com

Oriontero Summary

Oriontero, a broker that claims to offer superb platforms, is actually a fraudulent company, according to many Oriontero reviews. Although it claims to offer the best trading software available, its Webtrader is just basic and much less effective than MetaTrader 4 and 5. It falsely claims to offer MT4 and MT5. Also, it has a default leverage of 1:200 that cannot be changed, which exposes clients to a potentially risky trading environment.

The investment firm did not furnish the review with basic details such as the owner or headquarters, leaving researchers to speculate about where to file complaints. The review also advises potential investors to avoid this broker and to choose a licensed and reliable one to avoid scams.

FAQs

What Funding Methods Does Oriontero Accept?

Oriontero allegedly accepts various funding methods, including credit cards and wire transfers.

How Long Do Oriontero Group Withdrawals Take?

Withdrawal times at Oriontero can vary, but allegedly typically take 5 business days to process.

Is My Money Safe with Oriontero?

Your money is not safe here as this broker is considered to be a scam.