Broker Name – IsTrade

Broker Website – istrade.cc

Warnings – Swiss Financial Market Supervisory Authority (Switzerland)

When was the TigerWit website domain set up?

Domain Name istrade.cc

Date Registered          August 18, 2021

Domain Age    10 months, 5 days, 1 hour, 12 seconds

Headquarters or Area of Operation – First Floor, First St Vincent Bank Ltd Building, James street, Kingstown, ST Vincent and the Grenadines

 

IsTrade professes to be one of the best developing and extending financial service providers and claims to give the best exchange offers to traders. The truth is, this is simply one more obscure offshore broker that does not hold any valid license and has unacceptable conditions. Do not even think to invest your precious money with them, otherwise, you will get looted before you understand what happened to you. In this IsTrade review, you will learn more about the scams this broker does.

IsTrade Regulation

IsTrade.cc professes to be owned by Dulcet Group LLC, based in St. Vincent and the Grenadines. This location is famous for the trickster shelter. Many fraud brokers pick this particular location to make their scam strategies work as the local authorities don’t screen or regulate forex specialists. It empowers tricksters to direct business according to their wishes as they do not have to face strict outcomes or reply to severe specialists.

The financial regulator of Germany – BaFin, issued against Dulcet Group LLCwarning and the Swiss Financial Market Supervisory Authority blacklisted IsTrade. According to authorities, these organizations are not licensed and unapproved to offer trading and investment services. Traders have to view such warnings seriously because it is not a good sign to come under the scam broker’s list of such authorities. 

IsTrade Deposit And Withdrawal

IsTrade.cc offers to deposit with a debit or credit card, or various cryptos like – Litecoin, Bitcoin, and Ethereum. If you already deposited via card, don’t worry – you can apply for a chargeback on a Visa or MasterCard installment within 540 days, and the process is very simple. Contact your card backer to see what should be possible. 

If you deposited via crypto, the circumstances would be different. The scammers frequently lean toward this installment strategy since such exchanges are irreversible. If you have made a crypto installment to IsTrade.cc, recovering your cash would be difficult but possible. Scam Victims Help will help you to get your funds back from a scam broker.

How does this Scam function?

Tricksters post numerous fake advertisements on the internet to lure individuals and trap them in their tricks.

If you click on these ads and fill out the information like your email or contact number, they will contact you and guarantee to give unexpected profits. Slowly they would request additional cash from you. If you exchanged well, they’d persuade you to put more amount and increment the benefits.

The difficulties start at the time of withdrawal. The scam brokers would successfully deter you and even request you to pay them again and again.

Genuine organizations don’t contact you via telephone for deposits. So, if somebody pushes you to invest, it’s most presumably a trick.

Conclusion

If you want to invest your money in online trading, always look for the broker carefully, and check its terms and conditions and other required details. Also, check for the reviews of brokers before investing.

There are many negative IsTrade reviews present on the internet. If you already deposited with IsTrade and want to recover your money, file a complaint with Scam Victims Help. We are an online platform to help scam victims.

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