Comprehensive review and feedback on the company SOT-rwy.
New Look at SOT-rwy: Real Information
Invite us to demonstrate our intentions on the best-in-class proprietary platform of the SOT-rwy project, introducing the world of trading and earning opportunities. Interest in this broker, judging by first impressions, may be positive, but it is recommended to refrain from hasty conclusions. A cautious approach is better because real reviews from our clients raise certain concerns. We have conducted a comprehensive study, the results of which we are ready to present.
Important Facts about the Pseudobroker
SOT-rwy positions itself as a reputable broker with over 15 years of experience. On our platform, the following indicators can be noted:
- 37,300 active traders,
- 341,720 daily trades,
- over 250 assets available for trading,
- daily trading volume of $83 million.
The obstacle for those who doubt the experience of this intermediary has been removed by a special whois tool. In fact, according to the information provided, sotrwy.net started operating only in the spring of 2024. In plain terms, this is a newcomer to the market, and the hidden pose of reliability and experience is just a masquerade.
User reviews shed light on dissatisfaction with cooperation with this company. Even problems with support raise concerns. Under the guise of official contacts, fake phone numbers and a fictitious address in Austria were disclosed (reminder: completely different companies are located there). However, the email on the website is authentic. Scammers use it to collect clients’ personal data and bombard them with spam.
Legal Aspect of the Issue
Despite claims of having an office in Austria, a close look at internal documents exposes regulation under the laws of Vanuatu. Here, by the way, unserious financiers often settle, accustomed to living off others. Moreover, the regulator from the place of residence has access to a list of licensees, which facilitated checking the availability of the necessary documents of this “forge.” For your review, we present screenshots of the results.
SOT-rwy illegally provides services and is unable to provide any guarantees. Without access to liquidity providers, the unregulated intermediary can only simulate trades. Experienced scammers will not miss the opportunity to turn any situation in their favor.
Trading Conditions
SOT-rwy proudly presents its platform as the most advanced in the market. The desire to practice without risk is unjustified — personal investments are required. The main trading conditions are as follows:
- minimum deposit of $150 (three proposed tariff plans available),
- maximum leverage of 1:100,
- commission-free stock trading,
- variety of payment methods,
- account management,
- access to various financial instruments: cryptocurrencies, stocks, commodities, currency pairs, metals, indices,
- instant execution,
- insurance and investment protection.
User reviews only accuse the company of a desire to get funds and an obvious inability to withdraw both profits and their own investments.
Reviews Overview
In addition to the fact that the project turned out to be a scam relatively recently, it has already accumulated a deserved number of reviews from real investors. Traders only regret registering on the platform without careful consideration. Sharing their investments in their naivety, many have lost significant amounts. More is described by those who have doubly lost in the reviews.
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Deception Methods in SOT-rwy
SOT-rwy insists on starting interaction with a symbolic contribution. However, it should not be expected that scammers will stop there. Smugglers make every effort to lure for a large sum. To do this, they persuade a novice to install remote access software. With no ambiguity, such software is necessary for adequate practical training. It must be acknowledged that assistance to a novice trader is unlikely to harm. However, pursued scammers have completely different goals in mind. Once the depositor accumulates a significant amount in the account, they immediately stage a technical glitch to clear the account of all funds.
Review Summary
Competing with SOT-rwy, you only risk losing your savings. This enterprise circumvents international legislation, as evidenced by the terrifying reviews of deceived investors. Refunding money will be extremely difficult, and only specialized lawyers with successful experience can provide support.