Connect with us

Published

on

With several domain names, Icmarkets20.com is already blacklisted by CySEC. The platform operates under several other aliases such as 20icmarkets.com, icemarketss.com, and ictrademarkets.com. It’s an anonymous website for various reasons. Once you land on their homepage, there’s no address or contact. And this makes it a risky investment platform for users. Learn all the details in our clear ICMARKETS20.COM Review.

A Clear View of Icmarkets20.com

Icmarkets20.com Review

All the above website domains lead users to the primary homepage, forex-trade.net or ffoorreexx.com. With the domain, it’s clear there’s a website trying to clone a legit trading website.

Most of the cloned platforms come with different default languages. The latter above came with an Indonesian default language and the rest, English, French, and Spanish. Their motive is clear, to try and rip off investors from all regions.

Our keen eye for details made us spot the platform’s similarities. On CySEC’s list of unapproved domains, 20icmarkets.com tops the list. You can also find the above domains following close by. What are their intentions when cloning a forex investment platform?

The platforms try to mimic the legit platform to get clients to sign up. Such platforms are a high risk as they follow no regulation. In most cases, those who invest rarely take part in investing and trading.

Once you deposit funds with such a platform, it’s the last you will see or hear from it. And this is why we must expose such platforms to help naive investors. So many have lost funds to such schemes, and it’s only befitting if we expose icmarkets20.com.

For those wanting to invest in reliable platforms, here’s a list of the best investment platforms. All the options have been tested by experts and, of course, our team. As a result, your safety is guaranteed when you choose Coin Staking, DeFi, or Masternoding.

👉 ***Do you want to earn a side income with a stable crypto investment platform that generates sustainable monthly yields? Get this: You can now make a steady profit margins thanks to a new innovative way of investing in crypto. YieldNodes is the answer you need to start making a decent profit with cryptocurrency investment whether you are a beginner or professional in the crypto space. A multi-tiered node rental program is what Yield nodes is bringing to the table. Master-noding is the avant-garde of generating high ROI thanks to the ingenious of Stefan Hoermann and his team. With master-noding, you invest and let the platform do the rest for you. What is master-noding? It is not TRADING. It’s a new way of generating revenue by providing technology that relies on a proof of stake approach. Yieldnodes operates these crypto master-nodes and optimizes complex strategies to ensure members earn a profit. Yield Nodes will prioritize your security by providing accurate investment options. Members get protection from external losses or unforeseen changes in market conditions. This is not in any way a get rich quick scheme; once you deposit funds; you have to wait for the yields to mature. Yieldnodes is providing a proven, innovative, and secure way of making high returns on your investment with crypto master-noding.  With just a minimum deposit of €500, you are good to go! With a minimum contract duration of four months, it gives users a chance to fully experience master-noding. By joining Yieldnodes, you stand a chance of making 5 to 15% every month.  If you are still wondering whether this is a safe option, you can cancel the contract at any given time. For those who want to join and upgrade their investment strategy, Yield Nodes is the solution.

Click Here To Sign up with Yieldnodes Today

PS: YieldNodes is 100% Verified and Recommended by Valforex.com.

Account Details Icmarkets.com

With the platform being a clone, there’s no mention of the available trading accounts. The platform only mentions the acceptable minimum deposit set at $500. Of course, the amount is double the industry-acceptable amount of $250.

The people behind IC Markets 20 plan to rip off investors. There’s no legitimacy in their claim of offering forex investment platforms. With this being a clone, investors need to be extra vigilant.

Account Opening and Registration

According to the platform, you can create an account using their preferred broker’s account. In this case, you are likely being redirected to an official broker’s page. The platform, it seems, is an affiliate partner to leading brokers.

Once you click on the ‘open my account’ tab, you are redirected to Exness. Exness is a reputable broker and is regulated in the United States. Unfortunately, it seems the platform is a clone that also earns via referrals.

The problem with such a platform is the security aspect when opening an account. First, you have to fill in your address, contact, and full names. What do you think happens once they get your details?

The platform likely sells your data to other third parties. As a result, you will start getting bombarded with emails from products you haven’t subscribed to. And this is because platforms such as icmarkets20.com have sold your details.

There’s also the verification aspect where the platform asks for vital documents. These documents may include a copy of your ID, bank statements, and credit card details. With such data, there’s no telling what they will do with your documents.

Available analytics and strategies

Icmarkets20 Features

On the homepage, there’s a forex basic tutorial where the platform describes analytics and strategies. The platform does a good job of leaving the user curious about what their strategies are. According to ic markets 20, they use the best strategies, and investors can get them at a premium fee.

The trading strategies are developed to take into account several features. These include currency pairs, market entry and exit, and trading time intervals. In addition, you can learn the basics of trading on your own by getting free learning materials on the web.

Commissions on offer

One aspect that makes us question the credibility of this platform is the available commissions. Apparently, the platform offers commissions to investors. And this is a huge problem as no regulator in the States allows for it.

Such platforms often hold your account for ransom. You have to pay back the equivalent amount of commission earned before withdrawing funds. And this beats the reason why they would classify them as bonuses or commissions.

A bonus or commission is an amount that the member receives as a gift for participating. But, unfortunately, these platforms often change the bonus and commission into a loan.  And that’s where the regulator steps in and draws a line.

Deposit and withdrawal options

There’s no mention of the depository channels available on the platform. You also don’t get to read the withdrawal transaction period. As an investor, you should know how long the withdrawal will take to reflect on your account.

These are some of the notable features that naive investors might miss. With the promise of high bonuses and commissions, investors fail to see the bigger picture. If a platform does not indulge users with withdrawal terms, stay away from it.

It’s another reason why CySEC has blacklisted markets 20. The regulator has been receiving comments from users who can’t withdraw. So Icmarkets20.com is demanding the commissions paid to members before releasing any funds.

Domain Records (Icmarkets20.com Review)

With the platform being a clone and having similar websites, we had to check their online registry. The website has been running for 412 days as we publish this post. It was created on May 26, 2020.

The name of the registrant has been redacted, with privacy being the reason given. There’s no ranking of the website on all major search engines. In fact, the website has a low trust score from all search engines.

License and Registration Icmarkets20.com

Icmarkets20.com License and Registration Status

Icmarkets20.com is BLACKLISTED by CySEC, which makes them high financial risk. There’s no telling when the platform will shut down. Most regulators in the EU plan to follow suit and ban the use of this platform.

We hope that the SEC will put out a press statement warning investors of the cloned websites. Only a few investors will bother to ascertain the platform’s legitimacy. And this is why we insist on confirming whether a platform is regulated before opening an account.

Pros and Cons of Icmarkets20.com

Trading Terminals

There’s no mention of the available trading platforms. The best platforms to use are MT4, MT5, and SIRIX. And these platforms are industry-backed platforms that offer stability and security when transacting.

Safety of funds with Icmarkets20.com

With the platform being a clone, the safety of funds is out of the question. The platform is already in the crosshairs of CySEC. When it comes to funding safety, the platform doesn’t segregate accounts. All funds are transferred in one account, which is risky.

In the event of bankruptcy or insolvency, no member will get any compensation. With IC MARKETS 20 being a clone, it’s best to stay away.

Reasons to avoid Icmarkets20.com

Icmarkets20.com Trading Strategies

Here are the primary reasons why investing with the platform is a risk

  • CySEC blacklisting the platform
  • Lack of clear withdrawal terms and conditions
  • The website being a clone

These are the main reasons why you should avoid interacting with icmarkets20.com.

Find out how best to invest using transparent platforms tested by experts. It’s the only safe way to invest and earn realistic returns.

If you have any thoughts, drop a comment or send us an email.

Advertisements



Naabiae Nenu-B is a Medical Health Student and an SEO Specialist dedicated to flushing the web off fake news and scam scandals. He aims at being "Africa's Best Leak and Review Blogger" and that's the unwavering stand of Xycinews Media.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Review

biswap.org

Published

on

In addition to reviewscenter.net will try to provide their observations and make the best review here. But this monitoring is not complete without your comments, messages and reports. So post your comments on the investment system provided at the end of each post or email reviewscenter.net@gmail.com

NOTE:

reviewscenter.net is not a financial and investment system and it never enter into the investment services’s area.
Our main task is to provide the correct payment for hyips and their related data.
reviewscenter.net has no responsibility for your investments.
Do your investment with more observation and investigation.

Is biswap.org Scam or Not?

Read articles you may want:

everything a beginner needs to know

how to start investing in bitcoins

Advertisements



Continue Reading

Review

kayli.cc

Published

on

Kayli is a technologically advanced infrastructure company specializing in cryptocurrency mining.

Our main activity is to provide the user with professional services of hosting mining equipment with the ability to choose the cryptocurrency and get a daily profit of 1% to 3%.

Kayli platform is equipped with the latest specialized equipment based on integrated circuits, specifically designed to mine cryptocurrencies at extremely high speeds.

Kayli aims to provide the private consumer with the world’s most advanced mining equipment and service 24/7, with the highest level of service in the field.

Together with our skilled and experienced team, as well as strategic customers and partnerships we are driving a new standard for the mining ecosystem and data center infrastructure facilities.

KAYLI is a technologically advanced infrastructure company specializing in cryptocurrency mining. Our main activity is to provide the user with professional services of hosting mining equipment with a choice of cryptocurrency and daily profits for you.

Advertisements



Continue Reading

Review

bitstarsinv.com

Published

on

In addition to reviewscenter.net will try to provide their observations and make the best review here. But this monitoring is not complete without your comments, messages and reports. So post your comments on the investment system provided at the end of each post or email reviewscenter.net@gmail.com

NOTE:

reviewscenter.net is not a financial and investment system and it never enter into the investment services’s area.
Our main task is to provide the correct payment for hyips and their related data.
reviewscenter.net has no responsibility for your investments.
Do your investment with more observation and investigation.

Is bitstarsinv.com Scam or Not?

Read articles you may want:

everything a beginner needs to know

how to start investing in bitcoins

Advertisements



Continue Reading

Trending

  • etha-lendETHA Lend (ETHA) $ 0.232903
  • etha-lendETHA Lend (ETHA) $ 0.232903
  • snowswapSnowswap (SNOW) $ 5.61
  • snowswapSnowswap (SNOW) $ 5.61
  • sparkpoint-fuelSparkPoint Fuel (SFUEL) $ 0.055624
  • sparkpoint-fuelSparkPoint Fuel (SFUEL) $ 0.055624
  • moontographyThe Moontography Project (MTGY) $ 0.003924
  • moontographyThe Moontography Project (MTGY) $ 0.003924
  • collateral-payCollateral Pay (COLL) $ 0.260004
  • collateral-payCollateral Pay (COLL) $ 0.260004
  • vericoinVeriCoin (VRC) $ 0.053389
  • vericoinVeriCoin (VRC) $ 0.053389
  • trueflipTrueFlip (TFL) $ 0.268427
  • trueflipTrueFlip (TFL) $ 0.268427
  • cryption-networkCryption Network (CNT) $ 0.243588
  • cryption-networkCryption Network (CNT) $ 0.243588
  • elon-doge-tokenElonDoge Token (EDOGE) $ 0.00000000
  • elon-doge-tokenElonDoge Token (EDOGE) $ 0.00000000
  • daoventuresDAOventures (DVD) $ 0.168563
  • daoventuresDAOventures (DVD) $ 0.168563
  • bitcoin-rhodiumxRhodium (XRC) $ 1.49
  • bitcoin-rhodiumxRhodium (XRC) $ 1.49
  • earnxEarnX (EARNX) $ 0.00000039
  • earnxEarnX (EARNX) $ 0.00000039
  • squirrel-financeSquirrel Finance (NUTS) $ 1.42
  • squirrel-financeSquirrel Finance (NUTS) $ 1.42
  • indahashindaHash (IDH) $ 0.005386
  • indahashindaHash (IDH) $ 0.005386
  • polyient-games-governance-tokenPolyient Games Governance Token (PGT) $ 101.97
  • polyient-games-governance-tokenPolyient Games Governance Token (PGT) $ 101.97
  • libra-creditLibraToken (LBA) $ 0.002608
  • libra-creditLibraToken (LBA) $ 0.002608
  • masqMASQ (MASQ) $ 0.117434
  • masqMASQ (MASQ) $ 0.117434
  • yoyowYOYOW (YOYOW) $ 0.010128
  • yoyowYOYOW (YOYOW) $ 0.010128
  • wrapped-dgldWrapped-DGLD (WDGLD) $ 179.44
  • wrapped-dgldWrapped-DGLD (WDGLD) $ 179.44
  • signaturechainSignatureChain (SIGN) $ 0.002294
  • signaturechainSignatureChain (SIGN) $ 0.002294
  • endorEndor Protocol Token (EDR) $ 0.002426
  • endorEndor Protocol Token (EDR) $ 0.002426
  • stakewiseStakeWise (SWISE) $ 0.045196
  • stakewiseStakeWise (SWISE) $ 0.045196
  • value-network-tokenValue Network Token (VNTW) $ 0.227254
  • value-network-tokenValue Network Token (VNTW) $ 0.227254
  • vaultVAULT (VAULT) $ 4.70
  • vaultVAULT (VAULT) $ 4.70
  • metaverse-nft-indexMetaverse NFT Index (PLAY) $ 1.44
  • metaverse-nft-indexMetaverse NFT Index (PLAY) $ 1.44
  • young-boys-fan-tokenYoung Boys Fan Token (YBO) $ 1.73
  • young-boys-fan-tokenYoung Boys Fan Token (YBO) $ 1.73
  • defisocialDefiSocial (DFSOCIAL) $ 276.71
  • defisocialDefiSocial (DFSOCIAL) $ 276.71
  • pentaPenta Network Token (PNT) $ 0.000081
  • pentaPenta Network Token (PNT) $ 0.000081
  • polkacipherPolkaCipher (CPHR) $ 0.039146
  • polkacipherPolkaCipher (CPHR) $ 0.039146
  • intelligent-investment-chainIntelligent Investment Chain (IIC) $ 0.000147
  • intelligent-investment-chainIntelligent Investment Chain (IIC) $ 0.000147
  • perth-mint-gold-tokenPerth Mint Gold Token (PMGT) $ 1,834.99
  • perth-mint-gold-tokenPerth Mint Gold Token (PMGT) $ 1,834.99
  • adamant-messengerADAMANT Messenger (ADM) $ 0.016017
  • adamant-messengerADAMANT Messenger (ADM) $ 0.016017
  • wearesatoshiNativeCoin (N8V) $ 0.068748
  • wearesatoshiNativeCoin (N8V) $ 0.068748
  • yield-optimization-platformYield Optimization Platform & Protocol (YOP) $ 0.168695
  • yield-optimization-platformYield Optimization Platform & Protocol (YOP) $ 0.168695
  • evedoEvedo (EVED) $ 0.115926
  • evedoEvedo (EVED) $ 0.115926
  • safemooncashSafeMoonCash (SAFEMOONCA) $ 0.00
  • safemooncashSafeMoonCash (SAFEMOONCA) $ 0.00
  • zclassicZclassic (ZCL) $ 0.182600
  • zclassicZclassic (ZCL) $ 0.182600
  • club-atletico-independienteClub Atletico Independiente Fan Token (CAI) $ 2.58
  • club-atletico-independienteClub Atletico Independiente Fan Token (CAI) $ 2.58
  • rapidsRapids (RPD) $ 0.027971
  • rapidsRapids (RPD) $ 0.027971
  • virgox-tokenVirgoX Token (VXT) $ 0.039175
  • virgox-tokenVirgoX Token (VXT) $ 0.039175
  • stateraStatera (STA) $ 0.020856
  • stateraStatera (STA) $ 0.020856
  • reflect-financereflect.finance (RFI) $ 0.177995
  • reflect-financereflect.finance (RFI) $ 0.177995
  • piedao-defiPieDAO DEFI++ (DEFI++) $ 3.28
  • piedao-defiPieDAO DEFI++ (DEFI++) $ 3.28
  • polkararePolkarare (PRARE) $ 0.062157
  • polkararePolkarare (PRARE) $ 0.062157
  • liquidity-dividends-protocolLiquidity Dividends Protocol (LID) $ 0.018006
  • liquidity-dividends-protocolLiquidity Dividends Protocol (LID) $ 0.018006
  • beholderBehodler (EYE) $ 0.297195
  • beholderBehodler (EYE) $ 0.297195
  • webcoinWebcoin (WEB) $ 0.001653
  • webcoinWebcoin (WEB) $ 0.001653
  • pepemon-pepeballsPepemon Pepeballs (PPBLZ) $ 118.09
  • pepemon-pepeballsPepemon Pepeballs (PPBLZ) $ 118.09
  • edc-blockchainEDC Blockchain (EDC) $ 0.021642
  • edc-blockchainEDC Blockchain (EDC) $ 0.021642
  • fanstimeFansTime (FTI) $ 0.000259
  • fanstimeFansTime (FTI) $ 0.000259
error: Content is protected !!