Name of Broker – Active Refunds
Website – https://activerefunds.com
Regulated By – None
Owned by the – Active Refunds
Warning Issued By – Financial Conduct Authority
The era of the internet has made people habitual of getting the benefits at the earliest. This sometimes leads people to ignore the harmful effect of the online world. There are so many online platforms that enable you to gain endless information and profits from them. One such platform to earn a higher yield is Forex trading. A number of investors whether new or experienced, with little or no knowledge, are curious and trying their hands on trading, without realizing the genuineness of the trading platforms and trading market. One of the major drawbacks here lies is the scam done by scam brokers who can be any Scam Forex broker, Scam Cryptocurrency broker, Scam Investment company, Romance/Dating scammer, Pet scammer or any type of scammer. These brokers have a unique yet common way of finding their victims either through cold calling, creating fake websites, or a pop-up advertisement. There have been proofs of scam activities done by Active Refunds broker as All Scam Reports Team has done a thorough investigation. If you want to safeguard your funds and avoid these scams, read the Active Refunds review and get to know about the scam activities of broker in detail.
Examine the below-mentioned points in Active Refunds Review to know the reliability of Active Refunds Broker –
When you are looking for a trade, it is immensely important to identify a broker that is reliable and legit. But, there are some reasons why we have tagged Active Refunds Broker Review in our list of scam brokers.
Regulation Status of Active Refunds –
The regulation status of a broker is one of the most critical points while choosing the right broker. Here, with Active Refunds broker, it seems not to be regulated in its jurisdiction of operation and is indulged in scam activities. There is a high possibility that Active Refunds has been warned by reputed regulation authorities like CySec, ASIC, FCA, CNMV, FINMA, etc. Warning issued by any of these authorities clearly indicated that the broker is not a good fit to invest your hard-earned money with.
Complaints Against Active Refunds Broker –
A number of complaints have been found regarding the Active Refunds broker in the various online review sites. A low rating on several online platforms makes it clear that the broker has a negative reputation among the investors. The investors have accused them of being scam brokers and state how they have been victims of the Active Refunds scam and lost all their money and efforts to them.
Leverages and Accounts of Active Refunds Broker-
The genuine brokers that are operating in the market often require low deposits as high deposits are not in the favour of the regulatory bodies. Whereas, the Active Refunds broker tends to charge a huge deposit amount that is a major red flag to avoid moving further with your investment journey. The same criteria goes with leverage, as the leverage offered by legit firms is low and in small amounts. Whereas, the Active Refunds broker tends to offer high leverage, shaping it as a scam broker.
Final Thoughts –
All Scam Reports Team advise the user to avoid investing here, as we have found that the Active Refunds broker is a suspicious broker, operating without any legal license. Investors are requested to be aware of the forex trading scams, and other relatable scams in order to ensure protection to their funds. If you have been scammed by Active Refunds scam brokers, don’t miss the opportunity to recover your funds. File a complaint against them and get complete assistance.
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