Funds-broker (funds-broker.com) is a long term high yield loan program which claims to make their investors financially independent. This firm states that it is involved in forex trading and their investment experts have in depth knowledge required to generate consistent profits.
Their website is very basic, simple and straight forward which is why many investors have fallen for this scam. When we took a closer look at this service, we found many disturbing facts which makes us believe that we are looking at a fraudulent platform.
If you were considering to send your funds to this firm, read our unbiased review to find out why you should not mess with this platform.
Company and Contact Details
After going through all the information on their platform, there is no clue about the creators behind this platform. Why do you think they have maintained anonymity? it is just to avoid criminal prosecution.
Firms like Funds-broker which provide financial services to the public are required to be licensed by certain authorities in order to operate lawfully. This firm raises money from the clients for trading and investing purposes and in return promise the clients certain amount of money in the future. Since there is no registration and incorporation details of this company, it is most probably operating illegally.
The support team can be reached through a contact form provided on their website. There is no contact details like address and email put up by them. So basically you are sending your money to a complete stranger.
How does Funds-broker Work?
This firm states that it is actively involved in forex trading but fails to provide us any sort of auditory records to back up their bold claims.
We are not told about what indicators or parameters are considered by them before executing a trade. They have not discussed about other crucial factors of trading such as money management and risk profiling. Looking at the lack of transparency no experienced investor will mess around with their firm.
What kind of return can you expect to make with Funds-broker?
The profits depend upon the initial investment and the time period of the investment plan chosen by the client. The returns offered by them are all fabricated lies and impossible to deliver on a consistent basis.
Here are the details of the investment plans:
2.1% Daily for 800 Days
Min. Deposit – $30
1600% after 60 Trading days
Min. Deposit – $475,000
11% Daily for 30 Trading days
Min. Deposit – $575,000
Like most of the fraudulent investments, the main goal of this firm is to earn as much money as they get shut down. To reach more people and grow their revenue they offer handsome rewards to anyone who promotes their platform.
The affiliates are paid a percentage of deposits made by their referrals. Note that the affiliates do not have to be an active depositor in order to get their commissions which is the main reason behind many fake reviews out there.
Deposit and Withdrawal
The minimum deposit amount $30. The only payment method accepted by this platform is Perfectmoney. The minimum withdrawal amount and the time taken for processing withdrawals is not specified anywhere on their website.
According to whois.com this domain was registered on 12/09/2015 and expires on 12/09/2025.
This website ranks 745,364 in Russia and has a global rank of 1,077,914.
According to the data on alexa.com this website seems to specifically target users from Russia and Bangladesh.
This website has DDOS protection and SSL security.
Is Funds-broker a Scam?
Considering all the question marks and unethical practices found on this platform, there is no doubt that we are looking at a fake investment company, these scammers have nothing to do with trading.
If their strategies really worked, why won’t they offer a demo account so that the users can familiarize themselves with the platform and test the efficiency of their strategy in real time?
Funds-broker Review Conclusion
Funds-broker is a ponzi scheme which being promoted heavily by HYIP monitoring websites. Once the collective deposit value dips below withdrawals value, they will run away at the investors expense. You might have got one or two payments from them but that doesn’t make them legitimate, remember sooner or later you are guaranteed to lose your funds.