Financial Fraudsters: How They Deceive Traders
Traders are often deceived by financial fraudsters, counting on their naivety and trust, as well as on the laziness or inexperience to verify the data. This is also how the company AskMyProfit operates, trying to gain the trust of traders, but failing to meet its obligations. Initial user reviews confirm this. In our review, we will reveal why it is worth avoiding this company.
Myths and Reality
AskMyProfit claims to provide ideal trading conditions for both experienced and novice traders. The company talks about having more than 10 offices worldwide and providing personalized investor service. However, there is no information about the project’s creation date or its leaders, which does not add to its credibility.
Checking the domain registration date revealed that the project has been in existence since February 13, 2023. Negative reviews about the company started appearing from the very beginning, indicating dishonest intentions. The contact information contains fake phone numbers and email addresses, and reaching out to support is difficult.
Dishonesty and Lies
According to the company’s statements, its head office is located in Canada. However, based on our data, this information is inaccurate. The specified coordinates correspond to other organizations.
The company’s internal documents clearly indicate that AskMyProfit operates within the laws of the Marshall Islands, known for their offshore capabilities. A fake legal address and registration certificate number are provided on the platform. Despite promises, the company does not provide evidence of its legality and registration.
Suspicious Trading Conditions
AskMyProfit offers access to over 400 trading instruments, divided into 6 asset classes. However, testing the platform on a demo account becomes impossible, as a minimum deposit of at least $1000 is required to start trading.
The platform offers 5 tariff plans with different deposits, leverage ranging from 1:40 to 1:400, fixed/floating spreads, and other services. However, many traders complain about the lack of trading and financial discipline from the company.
Real Client Opinions and Conclusions
User reviews point to fraudulent schemes and deception on the part of AskMyProfit. Novices often become victims of scammers, believing in promises of easy earnings on the platform. However, withdrawing funds becomes a problem as the company comes up with various excuses.
Therefore, the company AskMyProfit is not a trusted partner in the financial markets. It operates dishonestly and violates laws. Be vigilant and do not risk your funds in such projects.
