How not to fall into the clutches of a Fake Voytegon broker, Voytegon.com - be careful
The online broker Voytegon, which operates in the UK, is considered a criminal with a tarnished reputation.
When we go to the official website of Voytegon - Voytegon.com, we find out that this company offers brokerage services for Forex trading in the UK. In addition, Voytegon provides services for trading activities.
We analyzed the official website of Voytegon, got acquainted with the terms of operations, tried to get at least demo access to the services, looked at the availability of official documents, the place of registration of the company.
With the help of the information received, we will figure it out: Voytegon - a divorce or not?
In addition, we will explain to you how not to get into the networks of scammers, about their operation algorithms. We will provide you with the information you need to keep your finances safe.
Voytegon organization based offshore
The first signal that indicates that Voytegon.com is a scam is the state of registration. The company is officially registered in the Marshall Islands, which is already suspicious, since the company operates in England. Offshore states are popular with scammers due to the lack of laws and oversight.
Also, this region does not have rights to operate in the Forex financial market.
In addition, when our specialists tried to find the address, mentions of the owners and management of Voytegon, they could not find anything.
This hints that Voytegon is a criminal Internet broker, interaction with which will result in serious financial losses.
No information found about Voytegon's management
After researching the website, our experts could not find any truthful information about the leadership of the Voytegon organization. No legal address, no phone numbers or other methods to get in touch.
This usually means that real directors try to hide their identities in order to elude responsibility for crimes. If you manage to find one of the Voytegon employees, then everything will end there, and the real organizers of the criminal organization will remain at large with money.
Voytegon, website - Voytegon.com, has been up for less than a month
The Voytegon.com website talks about many years of experience in the Forex market.
The most common method of studying a website is to obtain information about a domain name. Usually, they record the age of the domain name, the contact information of the owner.
In our case, the domain name Voytegon.com has been working for less than 30 days, and the data about the person who owns it is classified. Another proof that the organizers of Voytegon are trying to preserve anonymity.
Such a desire can be accepted, but not when it comes to a financial organization acting as an intermediary between a trader and the Forex financial market.
At the same time, Voytegon.com themselves assure potential clients that they have been operating effectively in the Forex market for a long time.
Voytegon does not have a trial period
It is a common practice for brokers to give traders a demo version of the software so that they can get acquainted with the interface, try their skills in trading the Forex market with fake currencies.
Unfortunately, on the website Voytegon.com, we could not find information about the trial period, the ability to try out the software.
Most likely, the owners of the Voytegon organization are most likely not going to give users trial access to paid software, as someone is able to begin to suspect something is amiss.
Online broker Voytegon.com operates with a negative score
Official organizations that work on Forex do not use a negative balance in their activities. By law, an online broker trader is not able to spend more than what is currently in the account. In those cases when the account goes into a negative value, its debt will have to be repaid not by the client, but by the company that offered its services.
Therefore, legal Internet brokers do not use a negative account in their activities.
However, Voytegon.com allows customers to trade with a negative account, that is, in debt.
Why is it necessary?
In order to drive the user into a minus and start a loan from him. This is one of the most common fraud methods used by criminals.
If this happens, you need to remember that scammers have no way to get finance under UK law. Any methods of pressure on traders are criminal. The most that the bandits are able to do is to disturb with calls, write letters with demands.
It is impossible to cooperate with Voytegon, since all attempts to negotiate will turn into new losses.
Voytegon operate with a credit ratio of one to 400 or more
Already now, it becomes obvious that Voytegon are criminals. However, let's pay attention to one nuance, namely the existence of an excessively large credit ratio.
Leverage is the ratio of the finances of traders and online brokers when making a deal. This makes it possible to close significant transactions to clients who do not have access to the appropriate funds.
To protect Forex clients, in developed countries, the current laws require the use of leverage with a maximum ratio of one to thirty, sometimes fifty.
At the same time, Voytegon uses a leverage of one to four hundred to make money on the Forex market.
This attitude is legalized in Switzerland, since companies registered in this country enjoy considerable trust. However, Voytegon is not registered in this country.
In fact, Voytegon cannot operate in the Forex market with such a credit ratio, due to the high risk to clients. Actually, this is used only to force the trader to invest more money, but also to drive him into debt.
Local subdivisions of Voytegon
It is considered important for every financial company to have local representative offices in civilized regions, even if the activity takes place exclusively in Britain. Therefore, Voytegon informs that, in addition to many awards, they have local branches in England, Australia and other civilized countries, as well as a large number of qualified specialists.
Checking the availability of these representations is quite simple. After all, there are specialized structures that control the work of Internet brokers. In the UK it's FCA, in Australia it's ASIC.
Accordingly, the official company is obliged to have permits from these or other organizations that will prove their right to provide services for making money on the Forex financial market, to regulate the degree of responsibility.
Nevertheless, having studied the industry official sites, we did not find them. Which once again reinforces our fears.
To register on Voytegon.com, you need to transfer personal data
As we mentioned earlier, Voytegon does not have a demo period, and therefore, in order to gain access, you must immediately transfer the minimum deposit to Voytegon scammers. In addition, access to the Voytegon.com personal account is possible only upon completion of identity verification.
This means that Voytegon requires its users to transfer data such as:
- Data about an individual;
- Data on the permanent place of residence (receipt for a communal apartment);
- Information about the place of work, qualifications, experience.
Also, during the initial payment, the bandits can get access to bank card data.
As a result, this data may enable gangsters to make a loan to a gullible client, or to carry out other criminal frauds.
Since you need to send your confidential data to register on the official Voytegon.com website, our employees could not access the Voytegon personal account and applications for making money on the Forex market.
Real reviews about Voytegon
A very important step in exposing Voytegon is to study customer reviews.
A thorough study of the search results allowed us to obtain the following information:
- Most of the Voytegon reviews on the Internet are lies. These are template positive reviews of the paid type;
- All real reviews and references to Voytegon are negative. We were unable to identify mentions and comments from Voytegon.com customers that would talk about income, effective activities.
- Bad reviews and mentions are caused by criminal acts, theft of finances, special creation of credit.
Accordingly, real reviews of Voytegon indicate that this online broker is a scam.
Voytegon contact information and documents
After analyzing the information on Voytegon.com, our experts saw a lot of dubious digital papers that can be easily made using a graphic editor. They are not confirmed by official firms, which means they cannot be trusted.
If an Internet broker is not associated with regulatory companies, then users simply have nowhere to turn for help.
On the "Contacts" page, our experts found a phone number. It turned out that it had already been used by an illegal broker. There are also many reviews on the web about fraudulent activities associated with the phone number listed on Voytegon.com.
Withdrawing money from Voytegon.com
Are you going to make money with the help of an online Forex broker? Make sure that you can take away investments from him.
Analyzing the trade agreement on the official website of Voytegon, we did not see any information available about the ways to withdraw earnings. In addition, our employees found a mention of punishments for a long period of inactivity of a personal account, but did not find information about their size. Since swindlers do not operate in the legal field, it is impossible to protest these requisitions.
That is, even if the user has completed work with Voytegon, they can call and write letters demanding to pay the fine.
How does Voytegon work?
The user search method used by Voytegon is also alarming.
For advertising, fake profiles on social networks are used, in which fake users broadcast about how they instantly managed to make a profit by making transactions in the Forex financial market using Voytegon. Advertising accounts show expensive cars and real estate, holidays in resorts and other indicators of a prosperous life.
Fakes guarantee instant income, for which you do not need to learn or make a lot of effort.
If a client gets in touch with them, Voytegon managers inform about the possibility of a rapid income, and in addition about the unique abilities of their programs, which will make it possible to instantly make a big profit.
Then all sorts of tricks are used, making it possible to get the maximum amount of deposits from the user. For example, a user may be given a fake profit to motivate them to transfer even more investments.
When the work on the Forex market is negative, the representative of the organization will recommend transferring more to cover the losses.
Voytegon managers act according to the methods developed by experienced manipulators. Scammers study information about a trader in order to influence weaknesses and lure more investments.
As a result, it all boils down to one of the options:
- When you decide to withdraw funds before you find yourself in the red, you will be fined, your balance will be frozen, and everything will be done to force you to transfer even more;
- When you allow criminals to drive the balance into a minus, threats will fall, scammers will begin to demand payment of a false debt.
Another way to generate income for Voytegon can be the sale of your personal data to outside companies. We assume that, after that, information about you will be possible to obtain for a modest amount of money on some anonymous service on the dark web.
For sure, because of this, all sorts of scammers, managers, etc. will spam you. In addition, you can expect letters from Voytegon's accomplices who will offer to "return" the lost money, of course, for payment.
Because Voytegon does not operate in an official capacity and remains anonymous, Voytegon cannot be held liable under UK law. The owners of the criminal company are carefully hiding and, at best, the police will be able to figure out one of the "employees".
Is it worth working with Voytegon?
In no case!
Only if you plan to transfer money to scammers, then it is better to spend it on a good deed.
In short, we will voice the evidence indicating that Voytegon are bandits:
- No official registration;
- No test period;
- Lack of information about the owners of the organization;
- Phone number found in criminal transactions;
- Negative balance;
- Leverage greater than one in fifty;
- Negative reviews;
- False information on the site.
Full review of Voytegon - completed. It is obvious that Voytegon are scammers.