In this review, we will describe why News-Traders is a scam that you should avoid at all cost !
Is News-Traders Legit?
Looking at News-Traders website, it shows that they are owned by News Traders Limited. News Traders Limited is located in Saint Vincent and the Grenadines, a well-known offshore zone and a preferred location for shady brokerage. News-Traders is an unregulated broker. Problem with unregulated brokers is that they are not reliable and abuse the regulations. Make sure to stay away from this broker as they are anonymous and that they can disappear any time without notice.
To make sure you are dealing with a regulated and known broker, you should be able to find easily who is the CEO of this brokerage firm, who is running it etc. Lack of information is a big red flag since you don’t know who will be dealing with YOUR MONEY. This is the reason why News-Traders is a dangerous broker to deal with.
Are Funds Safe with News-Traders ?
With such lack of information and News-Traders being unregulated, funds are not safe. Security of funds is a huge problem with unregulated brokers. A red flag that we noticed is News-Traders is withholding vital information to users.
News-Traders could go bankrupt from one day to another since there are no banking information about this broker.
News-Traders Review: our Conclusion!
News-Traders is an unregulated broker to avoid at all cost. If you have been scammed, check out our ChargeBack process here or get a Free Consultation by a team of expert by clicking here.
3 thoughts on “News-Traders Review”
Yes i have been scammed by News traders. They are scums.
SCAM SCAM SCAM ! BE CAREFUL
Scam beyond belief. News Traders is one known SCAMS. They are thieves and have scammed people out of $millions. The police in Europe are already after them. You can google and find out more about rhem. the FBI on their tail and the CIA as they scammed some American citizens in NEW YORK. They are a SCAM AND LYING THIEVES – SCAM.
News-Traders.com is a scam. They have scammed everyone out of a lot of money.
THEY ARE CRIMINAL, LIAR, FRAUDSTER AND THIEF, LYING THIEF