The company Brokeragea deceives its users and that's why we think so
The broker Brokeragea, operating in the territory of Britain, is considered a swindler with spoiled fame.
If we go to the official website of Brokeragea - Brokeragea.com, we will find that this organization provides Forex trading services in the UK. In addition, Brokeragea provides software for financial transactions.
Our employees looked through the Brokeragea website, got acquainted with the terms of action, made a trip to get at least demo access to the programs, analyzed the existence of papers, the region of registration of the company.
With the help of the data obtained, we will find out: Brokeragea - a divorce or not?
In addition, we will explain to you how not to fall into the trap of criminals, about their methods of operation. We will tell you the necessary information in order to keep your money safe.
Brokeragea is located in an offshore zone
A serious sign that Brokeragea are criminals is the state of registration. Documentally, the company is registered in the Republic of the Marshall Islands, which is already in doubt, since Brokeragea.com operates in the UK. Offshore countries attract the attention of scammers due to the lack of legislation and regulation.
In addition, this region does not have the authority to operate in the Forex financial market.
Also, when our employees tried to find a legal address, mentions of the owners and directors of Brokeragea, they could not find anything.
This already suggests that Brokeragea.com is a criminal online broker, working with which will result in significant financial losses.
Brokeragea.com management information not found
After researching the site, we could not find plausible information about the directors of the Brokeragea organization. No addresses, no phone numbers or other means of communication.
We think that this means that real leaders try to hide information about themselves in order to hide from accountability for actions. If you manage to find one of the employees of Brokeragea, then everything will end there, and the real organizers of the fraudulent company will remain at large.
Brokeragea, official website - Brokeragea, is less than a month old
The Brokeragea website talks about the extensive experience in the Forex financial market.
The main method of analyzing a website is to obtain data about its domain name. As a rule, they indicate the age of the domain, information for contacting its owner.
In this case, the Brokeragea domain name exists for less than 30 days, and all data about the person who owns it is hidden. Another proof that Brokeragea's director is trying to maintain his anonymity.
This desire can be accepted, but not when it comes to a financial institution that acts as an intermediary between the user and the Forex financial market.
At the same time, Brokeragea assures potential users that they have been effectively operating in the Forex market for a long time.
Brokeragea does not have a demo period
It is normal practice for brokers to provide users with a demo version of the software so that they can get acquainted with the interface and try out their skills in Forex trading with virtual currency.
Unfortunately, on the Brokeragea website, we could not find information about the demo period, the opportunity to try the software.
We think the directors of Brokeragea.com are likely not going to give users demo access to their service, as some of them may begin to suspect something is amiss.
Brokeragea.com operates with a negative balance
Official organizations that work in the Forex financial market do not use a negative balance in their work. In accordance with the laws, the user of an online broker is not able to spend more than what is currently on the balance sheet. In those rare cases when the balance still goes negative, the loan will have to be repaid not by the trader, but by the company that offered the services.
Therefore, official online brokers do not use a negative balance in their work.
Nevertheless, Brokeragea.com gives its clients Forex operations with a negative account, that is, in debt.
Why is this needed?
To drive the client into a minus and demand a loan. This is one of the most popular methods of deception used by financial bandits.
In the event that this happens, you need to know that scammers do not have the opportunity to knock out finances under British law. Absolutely all methods of influencing customers are illegal. The maximum that bandits are capable of is to disturb with calls, write letters with demands.
You cannot work with Brokeragea.com, as the arrangements will result in new expenses.
Brokeragea.com operate with a leverage of 1:400 or more
Already, it becomes obvious that Brokeragea are criminals. However, let us point out one more nuance, namely the existence of an extremely large leverage.
The credit ratio is the ratio of money of clients and Internet brokers at the conclusion of a trading operation. It allows you to make large transactions to users who do not have access to large amounts of money.
In order to protect traders in the Forex market, in civilized regions, the current laws provide for the use of leverage with the highest ratio of one to thirty, in rare cases 50.
At the same time, Brokeragea uses a credit leverage of one to four hundred for trading activities in the Forex financial market.
A similar ratio is legalized in Switzerland, since organizations registered in this state enjoy great confidence. However, Brokeragea is not registered there.
In fact, Brokeragea cannot trade Forex with such a credit ratio, due to the high risk to users. Accordingly, this is used only to force the client to invest more personal finances, but also to drag him into loans.
Brokeragea Regional Branches
It is considered prestigious for any company to have regional offices in civilized regions, even if the activity is carried out exclusively in Great Britain. So Brokeragea informs that in addition to many awards, they have regional divisions in England, Australia and other developed countries, and thousands of experienced employees.
Checking the availability of these offices is quite simple. Since there are industry organizations that regulate the activities of online brokers. In the UK, this is FCA, and for example, Australia - ASIC.
That is, an official company must have permits from these or other structures that will prove their authorized right to provide services for making money on the Forex market, indicate the degree of responsibility.
Nevertheless, after analyzing the specialized sites, we did not find them. This once again reinforces the suspicions.
Registration on Brokeragea.com requires the transfer of personal data
As we mentioned earlier, Brokeragea does not have a demo period and therefore, in order to gain access, you must immediately transfer the minimum deposit to Brokeragea scammers. Also, to get access to Brokeragea.com personal account, it is really only when passing the client confirmation.
This means that Brokeragea requires users to submit information such as:
- Information about an individual (passport, driver's license, etc.);
- Information about the permanent place of residence (payments for utilities);
- Information about qualifications, place of work, experience.
In addition, with the initial payment, the bandits are able to access bank card information.
Combined, this data can enable scammers to make a loan to a gullible user, or to carry out other illegal operations.
Since registration on the Brokeragea.com website requires the submission of confidential information, our specialists did not have access to Brokeragea's personal account or Forex trading software.
The most important point of exposing Brokeragea is the study of user reviews.
A detailed study of the search results allowed us to obtain the following data:
- Most mentions and reviews of Brokeragea on the Internet are fake. These are the same positive mentions and custom-made comments;
- All true reviews and comments about Brokeragea are negative. We couldn't find any credible testimonials from Brokeragea.com's customers that report profit, success.
- Bad reviews and mentions are caused by illegal activities, theft of funds, special creation of debt.
Therefore, Brokeragea reviews report that the online broker in question is a scammer.
Brokeragea contact details and white papers
After reviewing the mentions on Brokeragea.com, our staff identified many dubious digital papers that can be easily made using a graphic editor. They are not confirmed by official companies, which means they cannot be trusted.
If a broker is not associated with regulatory companies, then its traders simply have nowhere to turn for help.
On the "Contacts" page, our employees found a phone number. It turned out that it had already been used by an illegal online broker. There are also many reviews on the web about fraudulent activities associated with the phone number listed on Brokeragea.com.
Withdrawing money from Brokeragea.com
Are you going to make money with the financial market Forex online broker? Make sure you can take money from him.
After analyzing the user agreement on the Brokeragea official website, our specialists did not find any available information about the methods of withdrawing funds. We also found a mention of punishments for a long period of inactivity of a personal account, while we did not find information about the sizes. Since the criminals do not act in the official field, it will not work to protest these fines.
Because of this, if a trader has ended cooperation with Brokeragea, he may be disturbed by calls and sent messages demanding to pay a fine.
How does Brokeragea work?
The user search method that Brokeragea uses also raises suspicions.
Fake profiles on social networks are used for advertising, in which fake users broadcast about how they instantly managed to get income by earning on the Forex market using Brokeragea. Fakes show expensive cars and clothes, trips to resorts, and other manifestations of a prosperous life.
They promise a quick income for which you do not need to study or make a lot of effort.
When a client gets in touch with scammers, Brokeragea managers talk about the reality of instant income, as well as the unique features of their programs that allow you to immediately get a solid income.
Then various manipulations are used to get as much finance from the trader as possible. For example, a user can create a small profit in order to inspire them to transfer more funds.
When the work on Forex is unprofitable, the manager will offer to transfer more in order to compensate for the losses.
Brokeragea employees act according to the guidelines that were developed by professional manipulators. Criminals study information about a trader in order to put pressure on vulnerabilities and lure out more money.
As a result, all this will lead to one of the options:
- When you are about to receive an investment before you get into debt, you will be charged fees, prohibited from using the assets, and will do anything to force you to transfer more;
- When you allow scammers to drive the balance into a minus, there will be threats, criminals will extort to pay a non-existent loan.
An additional way for Brokeragea to make a profit is to sell your confidential information to outside companies. Most likely, after that, detailed information about you can be bought for a moderate amount on some anonymous community on the shadow Internet.
It is likely that because of this, various criminals, sales managers, etc. will call you more often. You should also wait for letters from Brokeragea.com accomplices who will offer a "return" of lost investments, of course for a fee.
Since Brokeragea does not operate in an official field and preserves anonymity, Brokeragea cannot be forced to respond under current law in the UK. The heads of the fraudulent company are carefully disguised and, at best, the police will be able to capture one of the "managers".
Should I trust Brokeragea?
It is forbidden!
If you are going to give money to the bandits, then spend it on a good cause.
Let's briefly list the facts that testify that Brokeragea are scammers:
- Lack of official registration;
- No trial period;
- There is no information about the owners of the company;
- Phone seen in shady schemes;
- Negative score;
- Credit ratio more than 1 to fifty;
- Negative reviews;
- False information on the official website.
Detailed review of Brokeragea - completed. It is clear that Brokeragea are scammers.