InstaForex Scam: Biggest Forex Embezzlement Firm Unveiled
The history of financial scams dates back to the medieval times. Back then, scam artists mostly used the “loot and run” approach because they could find nowhere to hide the assets and even themselves. Scam these days, is quite tricky because fraudsters are using online web portals as their dens and the amount they amass via looting, can easily be invested in the cryptocurrency industry thus concealing the money trail. The BinaryScamWatchMonitor.com has recently unveiled one of the most fraudulent teams of scam artists which is running a fake forex trading online platform known as InstaForex. Let’s take a look as how the InstaForex scam is looting your coffers.
InstaForex is Non-Regulated:
No matter how less your knowledge can be about Forex trading, the name CySec still rings a bell, right? It is a regulatory authority which is keeping an eye out on the forex market by regulating their laws and regulations. No forex trading company on earth can even fathom to survive if it is not regulated by CySec. And if you search any company’s name over its website and you can’t find anything, rest assured, that company is a fraud. Our team of investigators looked up the named InstaForex over one of the most trusted sites and guess what we found? Nothing at all! The attached image below is a testament which upholds our claim that InstaForex scam is in the market and it is about to empty your coffers.
InstaForex Scam Defaming Liverpool FC:
After looking in the InstaForex scam, one news which we couldn’t absorb was the fact that how come a well-known football club has made such a notorious and scammed company as one of its partners? Then we decided to run a background check and there it was! Another blatant attempt to attract the novice traders by exploiting their love for football. On the landing page of InstaForx scam, you can see a pretty colorful picture featuring some pictures of fraudsters posing as football players, right? No, they aren’t football players at all folks and neither is the InstaForex scam in any kind of partnership with the Liverpool FC.
Here is an image of the landing page of the scammed website of InstaForex scam:
When contacted with the authorities of Liverpool FC, we found out that not only they don’t know about this so-called partnership, but also they’d like to hunt these scammers. Below is a featured image which was provided to us by the website management team of Liverpool FC on the condition of anonymity because they can’t risk losing their jobs for leaking information.
You can see that all the partners are being represented with their logos except the logo of InstaForex scam. Soon after this read is published, the Liverpool FC is going to sue these scam artists and track every single transaction made by anyone in their favor. So please, stay away from InstaForex scam and if even if you do business with them and get caught, you are in a big trouble.
Bogus and Buggy Software: (InstaTrader 4)
Of course the white collar criminals need something to back up their false claims right? For this purpose, they implore you to download a software which is known as Meta Trader 4. Now this is a legit software but these scam artists have come up with their own trading auto-bot which has been developed and been fed with a value range which only shows you that you are winning but in reality, you are losing always and you come to know only when it generated a beep stating that your account has been cashed out. The software bears the name of InstaTrader 5 which provides the novice user a very complicated view of the whole process thus leaving no choice but to hire a service representative of their own, but again, after depositing another $100. Here is a clear image of the scam auto-bot which is only for the purpose that the readers should stay away from both the InstaForex and InstaTrader scam.
Many other fake claims include:
1. Giving away free Lamborghinis and BMWs to the traders, we all know it is just to attract the car lovers.
2. Giving away free business class tickets, again another blatant lie which shows how desperate this company is to loot the people.
3. It claims to be an official partner of Dragon Racing, but it’s not and neither does it represents Dakar Rally in any way.
Final Word:
Take care of your money which is of course, hard earned. Don’t drool over the fake claims of fake InstaForex scam because it is totally rubbish and undeniably the most heinous scam in the history of forex trading scams. Why? Because the InstaForex scam is trying to lure the novice amateurs by appealing to their likes, inspirations and passions.