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Broker or Scam: W-SV Company Review, Customer Feedback

Rascals earn on gullibility: W-SV deception

Do not open up, ensuring the sincerity of attention of Ukrainian scammers. Thanks to continuous fraudulent innovations, Ukrainian fraudsters present new deception strategies every month, which are doomed to failure under a heap of contemptuous reviews. This time we will look at the fresh work of deceivers — W-SV.

Review of characteristics of the dubious structure W-SV

I note that the fruitful street scammers W-SV allegedly managed to deceive over 160,000 clients in 4 years of intensive activity. They conduct 350,000 trading operations daily. Impressive statistics, isn’t it? However, the absence of feedback suggests that there is nothing special in this matter.

The domain w-sv.com was created in October 2017, however, the tricksters took it over just a few months ago — in November 2020. Thus, tales of international origins, partnership agreements with liquidity providers, and leadership in ratings are just a flimsy veil behind which the deceivers decided to conceal their true vulnerability and lack of competence.

Speaking of licenses, the situation is far from optimistic. According to statements, the scam W-SV is located in Belize: office address 711, 23, Castillo Rd, Dangriga. However, in the terms of service, available only after registration, it is stated that all disputes scammers resolve in accordance with the laws of the Republic of Vanuatu.

They proudly display 3 certificates from various financial regulators in the footer of the resource. They are just a small part of the well-known scammers who use the same formalized myths about the trustworthiness of serious institutions, and then try to “wash off” from angry reviews.

According to the presented data, the intermediary W-SV operates in accordance with the requirements:

  • Cyprus Securities and Exchange Commission (890/21);
  • International Financial Services Commission (11/09/DP/76);
  • Financial Services Commission of Mauritius (F010987699).

There are no licenses, of course, none! You can verify this by visiting the websites of the mentioned regulators.

Contact Information for W-SV

It is already clear without reviews that the scammers at W-SV don’t care about your difficulties, hence the customer support of this company leaves much to be desired.

Here’s what you can find:

  • Phone: +501 597-1175;
  • Email: support@w-sv.com;
  • Office address: office 711, 23, Castillo Rd, Dangriga, Belize.

The contact information is fake, the scammers never had an office in Belize. In reality, the creators of the scam operate actively in Ukraine and do not rush to disclose their real location.

If you want to have a chat with the scammers, you can call the phone numbers: +380967423785 and +380968423561. However, unfortunately, the scammers probably won’t be pleased with your curiosity.

Official Website of W-SV

The creators of W-SV did not bother much with the name of the fraudulent project, preferring an obscure set of letters. And most of the site design was shamelessly copied from their previous projects. But as they say, why change what works, if traders fall for this bait?

Minimum information and maximum lies are the key to the success of such scams. The “About Us” section delights users with an unconvincing history of W-SV’s development and empty promises from the broker.

There are no educational materials or internal documents on the platform. Clients will realize the absence of their importance only after registration.

A specialized service valued the page at only 5,000 rubles. Based on the experience of composing reviews, a website of a serious financial organization cannot cost such a ridiculous sum despite its modesty and poor design, fantasies about international success look absurd.

Review of Scammers’ Trading Offers

Scammers promise users a minimum spread of 0 points, no commissions, and instant order execution. But don’t fall for it, in the end, you will still be left without money.

The “Trading Conditions” section contains superficial information on 3 types of accounts — “Zero”, “Trade Plus”, and “Profi Trade”. Shamelessly, scammers demand a minimum deposit of at least $1,000. In return for nothing, they promote a leverage of 1:100, deposit insurance, and a personal manager to clients.

In addition, the company allegedly provides access to the most liquid asset categories:

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