› Forums › Forex Brokers Reviews › 3iqtrade review – is 3iqtrade.com Scam?
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I wanted to share a warning about a forex broker called 3IQTrade. After doing some research, it’s clear that this platform is nothing but a scam. Here are some red flags that you should be aware of:
- Unregulated Broker: First and foremost, 3IQTrade is an unregulated broker. This means they operate without any oversight from financial regulatory agencies, leaving your investments completely unprotected. If they decide to vanish with your money, there’s no authority to hold them accountable.
- Shady Withdrawal Policies: Many users have reported issues when trying to withdraw their funds. 3IQTrade seems to stall or completely block withdrawals, often giving excuses or demanding additional fees to release your own money. This is a classic tactic used by scam brokers to trap your funds.
- Fake Promises of High Returns: Like many scam brokers, 3IQTrade lures investors with promises of guaranteed high returns. However, these promises are unrealistic and are just bait to get you to deposit more money. Remember, in forex trading, there are no guarantees, and anyone claiming otherwise is likely trying to scam you.
- Pressure Tactics and Account Managers: They use aggressive pressure tactics to get you to deposit more funds. Their so-called “account managers” will constantly call or message, pushing you to invest more, claiming it’s a “once-in-a-lifetime opportunity.” This is a huge red flag.
- Poor Transparency: 3IQTrade lacks transparency in their operations. There’s very little information about their team, their physical location, or any real credentials. Legitimate brokers are usually very open about who they are and where they operate from.
In summary, 3IQTrade is a scam designed to steal your money. If you value your hard-earned cash, stay far away from this broker. Always do thorough research and stick to regulated, reputable brokers when trading forex. If you’ve already invested with them, I recommend trying to withdraw your funds immediately and report them to your local financial authority.
Stay away from this scam.
- This topic was modified 5 months, 2 weeks ago by brokersforum.net.
- This topic was modified 5 months, 2 weeks ago by brokersforum.net.
- This topic was modified 5 months, 1 week ago by elsajones.
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