Do not fall for scammers’ tricks: Chain Guarantee
Various predators use different methods to lure you into a financial trap. They may call you on the phone, send messages through social networks, pretending to be experienced traders, or attract you through various referral programs. Although the initial impression of the project may seem attractive, do not rush to register. First of all, study the reviews of real clients, check the legal documentation and commercial terms. Otherwise, there is a risk of encountering a fraudulent scheme like Chain Guarantee.
What is Chain Guarantee company?
Chain Guarantee presents itself as a successful broker with a branched network of representations and a client base. Some details about the platform:
- 550 employees in staff,
- presence in 15 countries,
- 8 offices.
However, the company does not provide information about its development path and key achievements. Questions remain unanswered. The site presents fake contact details, including phone and email address.
Legality of the broker’s work
There are no legal documents on the website, such as registration certificates and licenses. It is unclear on what basis the company provides its services. Obviously, it does not guarantee legal protection from regulators or the security of your investments.
In addition, the company lists branch addresses in various countries, however, checks with local regulators showed a lack of licenses to provide brokerage services. This is confirmed by searches in the regulators’ registers.
How does Chain Guarantee propose earning?
Scammers promise access to trading on various markets and profit from the affiliate program. They offer several tariffs with different conditions, including a list of available assets, trading platform, initial deposit, education, fast order execution, leverage, support, and more. You can also earn by attracting new users and receiving a percentage of their deposits. However, cooperation with such a company is dangerous given its dubious status.
Fraud algorithm
Fraudsters use various methods, including psychological pressure, to deceive trusting traders. After registration and account funding, it is possible to lose significant amounts of money due to manipulations on their trading platform. In case of losses, it becomes difficult to recover your funds without professional help.
Conclusion
Chain Guarantee is a fraudulent firm that provides brokerage services without the proper permissions. Do not fall for their tricks and protect your funds from financial fraud!
