Analysis of NoorTrades Company: Pseudo-Broker Masking
Today in our review, we will examine the activity of NoorTrades company, positioning itself as a professional broker with the opportunity for fast and guaranteed profits. In reality, what are the true intentions of this organization, and what should potential investors pay attention to?
NoorTrades Review
NoorTrades is a company founded in 2017, which, according to their data, operates in the Marshall Islands. However, upon closer examination, it becomes clear that this is just a facade. The actual location and status of the company raise doubts.
The information published on the website noortrades.com has a trivial, typical nature for such organizations. Notable deviations include the use of an Australian phone number, the absence of a physical address for the company, and legal information.
It is important to note that NoorTrades operates under the registered brand Glastrox Trade Ltd, which, according to the registry, has had a revoked status since March 2021. These facts emphasize the unreliability of the provided information and lead to the conclusion of the company’s lack of integrity.
Legal Compliance
An important aspect in choosing a brokerage company is the presence of appropriate licenses and permits. In the case of NoorTrades, the lack of information on the regulation of the organization’s activities raises serious doubts. There are no indications of licensing on the website, which is a significant drawback.
The necessity of compliance with Law No. 460-FZ in the brokerage field highlights the importance of having official permissions. The absence of such information makes NoorTrades an opaque and unreliable company for investing.
Investors’ Reviews
Reviews from actual traders are an important source of information on the reliability and professionalism of a broker. In the case of NoorTrades, client reviews emphasize the unreliability of the promises and deceptive practices of the company.
There are numerous cases where clients, falling into the trap of scammers, have lost significant amounts of money due to NoorTrades’ dishonest practices. Such a situation is a serious warning signal and requires careful analysis and a conscious approach to choosing a financial partner.
Summary
As a result of the analysis, it becomes evident that NoorTrades lacks the necessary legal status, licenses, and trustworthy client reviews. Potential investors are advised to refrain from collaboration with NoorTrades to avoid financial risks and losses.
