Digital Trading FX sounds like a revolutionary trading company. The company will have you believe it’s the best. However, the location of the platform itself is a big red flag. Additionally, the entity continues to collect money from the public illegally.
We can bet all our money that this broker will soon collapse. Schemes like this one don’t survive long in the market. Moreover, reports are showing this is a scam. The venture is also cold-calling investors making all sorts of promises.
The platform is trading digital currencies and promising high ROI. The entity brags it provides expert services and instant support. You should never take the world of an offshore broker seriously. Digital Trading FX is operating from an unknown god-forsaken place.
The library of the broker allegedly has all the resources that investors may require to become experts. Unfortunately, you have to sign up first. We cannot attest that the material possesses high-quality data. Nonetheless, it is a great thing the entity is trying to help investors.
The entity has SSL encryption. The document does not prove your safety is taken care of. The people behind this company are the ones you should be scared of. Moreover, make sure to deal with a broker that has a license to get top-notch security.
The Domain Insight
Digitaltradingfx.com is a company that has been in the market for less than a year. Its registration occurred in September 2020. The information of the registrar is inaccessible to the public. Despite having a young domain, the venture features baffling statistics.
The entity claims it has over 71K active accounts. It also brags meeting a trading volume of over $720K every month. It pays investors over $316 per month. Investment is all about numbers, and we cannot believe in narratives.
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Their fun facts are unverified. Digital Trading FX should instead present its performance report. A reputable third party should verify the data. Additionally, we would love to see payout reports. Until the company, shows prove kindly stay away from them.
Digital Trading FX claims its mine cryptos. They diversify in mining several currencies. Therefore, the venture attains a stable cash flow. The payouts are sent to investors every day. However, we are yet to see a successful client who has earned using the firm.
Additionally, the broker is allegedly utilizing an efficient trading strategy and bots to trade. They make the best decision in the market. The company conducts weekly webinars. It’s good to see they are dedicated to the betterment of their customers.
Once you refer someone to Digital Trading FX, you stand a chance of receiving a high bonus. The platform has a three-tier compensation scheme. The broker features the latest withdrawals it has processed. Sadly, this being an offshore venture, it’s prone to manipulating data.
Additionally, anyone with basic computer skills can design such a table. It would be better if their clients displayed their earnings. Since the entity is bogus, that is too much to ask from them. We suggest that you try out legit crypto companies that are trading and paying. These platforms are reputable and treat their customers ethically.
Who is The Founder of Digital Trading FX?
The firm does not disclose the people supervising its activity. According to their website, they claim ‘meet our CEO’ but then again change their mind. The venture lacks transparency. The reason they are hiding is that they are involved in illegal services.
The legit platform will credit their team for their great work. This helps in boosting their credibility and winning over more customers. The law also requires an investment scheme to disclose its fund managers, financial analysts, and parent company.
Withdrawal and Deposits
Clients of Digital Trading FX can fund their accounts via Visa or MasterCard. The minimum amount that you can deposit is $620. There is nothing unique about this broker. Many legit ventures take $10 and offer better services.
Despite the scam claiming to accept bankcard only, we found that investors can deposit via BTC. There is no other alternative. Crypto payment revolutionizes the finance sector. Transactions are seamlessly made within seconds.
Furthermore, the fees are less compared to traditional methods. However, when it comes to investment Ponzi scheme accepts funds via digital currency to limit traders from issuing a chargeback. They can also conceal their identity.
Upon withdrawal, Digital Trading FX is charging $35. The inactivity period starts if you have not traded for the last 30 days. They take a fee of 5%. Percentage charges can drain the account of investors.
The venture is a shameless entity that is operating as it wants. Their fees show they don’t sympathize with customers. The entity is after stealing funds. The offshore entity might also choose not to handle the withdrawal requests. Sadly, there is nothing to do but to count your losses and move on.
Regulation Status of Digital Trading FX
Digital Trading FX does not hold a license from any regulatory body in the market. The venture continues to operate without meeting the requirements of financial watchdogs. Agencies that the government assigns the authority to oversee the investment of brokers have played a major role in the safety of citizens.
A legit venture must meet a certain minimum capital. It proves they have enough funds and an outstanding financial stand. Moreover, there is a segregation of funds. An investment scheme must work with a Tier 1 bank to safe keep clients’ finds.
This eliminates the possibility of scammers misusing the money for personal use. Moreover, in the case of insolvency, brokers compensate their clients. You must deal with a licensed entity. The venture is from SVG.
The government of this Island does not oversee online trading activities. Therefore, the area has become a hot spot for all kinds of frauds. You need to trade wisely and avoid losing funds to nasty Ponzi schemes. Your money is at risk with Digital Trading FX.
features its client’s testimonials in statement forms. They do not include names, images, or social media profiles. The Ponzi scheme might have left the information behind itself. The statements claim that this is the best scheme.
Investors can travel without having to work. The traders of this company are living the dream. The platform is being praised for having responsive support. Their advice is allegedly helpful, and investors can go back to trading after resolving their issues.
Newbies also report making high income. One client confuses the name of the broker and claims BinaryOnline is the best firm. The scam is working with other fraudulent ventures. The broker does not have quality tools.
If you decide to join Digital Trading FX based on the testimonials, the outcome you shall get will be completely different from what these people claim. We suggest you avoid anonymous schemes that cannot verify their claims.
The company promises to generate daily ROI to investors. The least profit that one can earn is 40%. It goes up to 70%. The entity also offers bonuses. They are not based in the UK since the government of the area doesn’t allow such lucrative.
Additionally, the broker does not have a license. It is for your own good that you deal with reputable crypto entities that generate passive income to investors. These entities have proven to be reliable, and their high trust score speaks on their behalf.
What is the available trading software in Digital Trading FX?
The company doesn’t have a trading platform.
What is venture trading?
The company is involved with binary trading activities.
Does Digital Trading FX has a trading history.
Unfortunately, there is no evidence of investment services or products.
Is Digital Trading FX licensed?
The company lies based in the UK, but it does not have a regulatory form from the FCA.