Standard FX Review Is Standardfx.org A Scam

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Aisa FX Review – is aisafx.com scam or good forex broker?

Beware! Aisa FX is an offshore broker! Your investment may be at risk.

Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.

Aisa FX is an offshore forex brokerage with ties to Australia. It provides the MetaTrader4 trading platform and a generous leverage. Traders are extended a leverage of up to 1:400. Furthermore, there is a wide range of trading products from which to choose and a spread of 3.2 pips on EUR/USD which is about twice the industry average.

Aisa FX regulation & safety of funds

The company behind the brokerage – Aisa International Group Pty ltd – is registered in St. Vincent and the Grenadines as an International Business Company. However, Aisa FX is a broker brand of the Aisa group which is comprised of both the SVG-registered company and Australia-registered Aisa International Group Pty Ltd. From the website we gather that the latter acts as a Corporate Authorised Representative of yet another company – Alpha Securities Pty Ltd which is regulated and licensed by ASIC (License No: 330757). After checking with the online registry of the Australian regulator we can confirm this to be true.

However, even though such a connection with a well-established regulatory body is advantageous, the actual company that is operating the brokerage is still registered offshore and as such – is not subject to any regulatory oversight. Another thing that inclines us to suspect the brokers intentions is its website. Chinese is its main language option which is very strange for a brokerage that claims to have been established in Europe. Such irregularities make us suspect that clients will be open to a number of risks.

We urge traders to exclude such risk in trading by only associating with brokers regulated by prestigious regulatory agencies, such as the FCA and CySec, which require compliance with a number of strict rules that give significant assurance for the security of the clients funds.

The segregation of accounts is among the rules which are especially important in the trading world, because it drastically lowers the risk of possible commingling.

Another is the participation in a compensatory scheme by which the client’s losses will be covered in the unlikely case the broker goes bankrupt or attempts to swindle traders.

Aisa FX deposit/withdrawal methods and fees

Potential clients of the brokerage may deposit or withdraw via VISA and MasterCard, Skrill and ZotaPay While going through the brokers terms we came across several disturbing provisions that incline us to highly question the brokers intention. Firstly, we read that “withdrawals are subjected to processing and handling fee” without further clarity as to the size of said fees. This is pretty much a green light to charge you whatever they see fit. Furthermore, for withdrawals via wire transfer there is a minimum withdrawal amount of the staggering $3 000. There is also a waiting time of at least 10 business days which is excessive in our view, as well as a requirement to withdraw your funds through the same payment method you used to deposit. Such withdrawal conditions are in no way favorable for traders and should not figure in the terms of a legitimate brokerage.

This is why we remind readers of all the ways a trader may test the brokerage’s intentions. Firstly, traders are advised to always put up only the required minimum deposit, instead of risking a bigger amount with no certainty. Afterwards, they may also try to withdraw a small amount in order to check for any unexpected fees or delays. Such fees and delays are usually the signs of a scammer.

How does the scam work?

Even though the forex trading world is extremely large and encompasses millions of people around the globe, the most common scamming is pretty simple and straightforward and as such – it’s not particularly daring to avoid. Here is a quick overview of how it is done:

Through clicking an ad with promises for fast money, you will be redirected to a website such as Bitcoin Evolution or The bitcoin miner where registration will require you to give your address, email and phone number. After sharing your personal information, you will being receiving calls from brokers, compelling you to invest with them and win big. After a few minutes hearing their pitches, you decide to deposit some $200-250. And just like that – the scammers take a fat commission from this initial deposit.

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After they are done with you, senior scammers begin working you into putting even more money. They say it’s the only way to profit from trading even more. After making the mistake of investing even further, you’ll begin wanting to get out of this and withdraw what you have left.

Unfortunately, the con-artists have no such thing in mind. They will now begin persuading you to wait it out and not withdraw right now. The angle here is pretty blunt – traders have a limited time period for filing achargeback with their bank and get their money back. The “recovery department” will simply want to mislead you into missing thе crucial period and, along the way, losing any chance you might have of getting the money back.

It is important here to take notice that both Visa and MasterCard are taking measures to combat unregulated forex brokerages by classifying all forex transactions as high risk. And with the case of Aisa FX – they are correct in doing so. Furthermore, supporting their intention with clear actions – MasterCard has increased the previous time period of six months for filing a chargeback to a year and a half. Visa is expected to do the same in December.

What to do when scammed?

As was mentioned above, scamming is quite the common in the trading world and, sadly, even you might suffer from it. In such an unfortunate case there still may be some available options for you.

You may contact your bank or credit card provider and file a chargeback.

If, however, you have provided the broker with your credit card details, immediately cancel your credit card.

If you have given information regarding your online banking pass – you should switch it asap!

Beware of potential calls from self-described “recovery agencies”! They prey on scammed and vulnerable traders who are desperate to recover their losses. They will require an “up-front” payment to help you, but after paying them, no such help will be coming your way!

IronFx.com Review Visit site

SCAM CONFIRMATION

March 2020: There are now 4 FPA Traders Court Guilty votes against IronFx for failure to pay money owed to clients. The FPA has no choice but to declare IronFx to be a Scam for its actions against its clients.

IronFx is hereby blacklisted by the Forex Peace Army. The FPA recommends against depositing money with Iron Fx. If you have an account with IronFx, the FPA recommends you try to withdraw your funds immediately.

SCAM CONFIRMATION

2020: The FPA has repeatedly requested to communicate with the CEO of IronFx regarding the unethical behavior of employees of the company. Many employees claimed they could stop this behavior. All failed. Each of them was asked to put the FPA in touch with the CEO. Based on what happened over time, the FPA believes the CEO is aware of the unethical behavior of his employees, but does not care to do anything about it.

Readers of this review page should note the fake reviews left by IronFx employees pretending to be clients. These are from “Dimitri, London, United Kingdom” on 2020-08-02 and “Eva Leine, Stuttgart, Germany on 2020-02-04”.

IronFx employees have also spammed the FPA’s forums on three occasions.

In January, 2020, someone posted an attack on a competing broker from inside the offices of IronFx. See the review by “Jacob, Cyprus” dated 2020-01-21 below.

In June, 2020, someone claiming to be an IB from Egypt posted defending IronFx. The post really came from inside of IronFx’s offices in Cyprus. See the review from “IB in IronFX” dated 2020-06-03 below.

These incidents began in November 2020. The most recent was in June of 2020.

The FPA recommends AGAINST doing business with IronFx until the CEO steps in and convinces company employees to stop acting in an unethical fashion. If this is how employees follow simple forum and review site rules, can you trust them to follow rules about handling your money?

Other websites of this company include IronForex.com, IronFx.com.bm, FxGiants.co.uk , FxGiants.com.bm, FxLift.com , FxLift.eu, and ZorroTrade.com

Need more info?
Read and Ask HERE.

FX Coin Bot Review, Is FX Coin Bot SCAM?

FX Coin Bot Review. So, is FX Coin Bot scam or legit, that’s the real question isn’t it? The FX Coin Bot trading app is advertised as a software which specializes in “deep technical, fundamental and sentiment analysis” and relies on “30 years historically proven trading strategies”. But our members really want to know the truth! So we’ll just skip the superlatives (because there are more than a few) and get right to the facts. First and most importantly, we invested €500 of our own money and managed to reach a balance of €2,075 after 3 days. So strictly based on this fact alone we are officially endorsing the FX Coin Bot scam-free app and advising our members to try it out. Secondly, while the trading dashboard highly resembles other scam systems we exposed and blacklisted, the performance levels are exceptional. Naturally we inquired about this and were told that the layout is commonly used by various software providers, but again the actual software which powers the FX Coin Bot trading platform is markedly different.

FX Coin Bot Review, Playing It Safe
We were able to generate money using this software, but maybe it was a fluke or some type of coincidence. So we asked some of our more loyal members to check it out and they all came back flush with cash and smiles on their faces. We also checked out the FX Coin Bot brokers to see if they were regulated, and found out that in all cases some type of license was present. We also checked out complaints and found out that FX Coin Bot is squeaky clean, and also has the official seal of approval from a variety of accredited review sites. What we failed to identify was all the hype and fake testimonials which are usually accompanied with various get-rich-quick schemes. Neither were we able to spot any unethical affiliate networks or media agencies which disseminate fake news articles and try to bait unsuspecting victims. In fact, quite the opposite is true and despite all our efforts we were not able to produce one shred of evidence which would lead us to the conclusion that we are dealing with a scam. Another important fact that we must mention, is that FX Coin Bot supports both Forex pairs such as USD/EUR as well as cryptocurrencies such as BTC/USD. This means you have more options and if you want to invest in FIAT currencies this system allows you to do so.

Official Website, Login Page, and Members Area: FX Coin Bot

Executive Overview:
FX Coin Bot is a highly secure, easy to use, automated trading system which utilizes indicators and strategies in order to purchase CFD contracts without any form of human intervention. In other words its a crypto and Forex trading robot. There is no subscription fee required to join, you simply fund a trading account and get activate the software by clicking the auto-trade button.

FX Coin Bot Registration Area

What Is FX Coin Bot And How Does It Work?
As previously mentioned, FX Coin Bot is a Forex and Cryptocurrency trading robot which employs a wide variety of strategies and indicators to execute trades on auto pilot. It is primarily designed for new or amateur traders just starting out with CFDs (contracts for difference).

FX Coin Bot Signals And Trading Panel

FX Coin Bot Review, Tested Strategies Or Blacklisted SCAM?
For some reason FX Coin Bot starts off by saying that it is not a subscription-based trading platform. But that is besides the point, which is the fact that we have stumbled on to a semi-professional trading system which is endorsed by various industry-leading websites (and with good reason). According to the website, FX Coin Bot is based on three strategies: Trend, MACD, and Exponential Moving Averages. The indicators use Bollinger Bands, EMA, Stochastics and Price action movements (Ichimoku Kinko Hyo is also mentioned). They claim that the strategies have been back-tested for over “30 years of historical data”. These terms may sound a bit fancy, but after getting started you will see that they make it fairly simple and easy to understand for anyone starting out.

FX Coin Bot Settings and Unique Differentiating Features
FX Coin Bot settings allow you to manage the level of risk and select the type of strategies you wish the bot to employ. Default settings are set on conservative or minimal risk at contracts level, while you get to choose the minimum trade. As mentioned previously there are “built in” or preset strategies which you can choose to activate, however default settings are suggested for beginners as the bot is constantly optimized.

So How Is FX Coin Bot Different And Are My Wins Guaranteed?
Trading carries risk at all times and nothing is guaranteed. However, as opposed to other systems which we exposed in the past FX Coin Bot does produce results consistently and deliver as promised.

FX Coin Bot Minimum Deposit
Minimum deposit amounts range from €/£/$250 to €/£/$500 depending on the platform.

FX Coin Bot Getting Started

Step 1. Signup and make sure to enter your correct details. A valid email and phone number are mandatory for verification and security purposes. Traders who register and are not phone verified may not be able to activate the FX Coin Bot app. Phone verification has become a legal requirement so just pick up, verify your details quickly and insist on the amount you wish to invest.

Step 2. Fund your trading account.

Step 3. Activate the bot and watch your profits grow.

In some case you may be required to provide some form of documentation, but this is a standard procedure and there is no room for concern.

FX Coin Bot Sign Up

FX Coin Bot Review, Summary, and Conclusions
It’s not every day we officially endorse a software, but it so happens that this is one of those rare occasions. The FX Coin Bot scam-free trading platform is one of the few systems which has met our expectations and produced measurable and consistent profits. We invested €500 and managed to generate significant income after 3 business days, so we have decided to recommend this genuine piece of trading technology and add it to our recommended section. Again, we must say once more that the user interface is similar to systems we have blacklisted in the past, but don’t let that confuse you for a second as the results speak for themselves. Should you have any questions or queries, please make sure to reach out and message us via our social media or contact page.

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