Analysis of DealHoo: Myth or Reality?
Choosing the right broker is the most important task for traders. With an increasing number of scammers in the market, this has become an even more challenging task. Our goal is to help you choose a reliable company by conducting a detailed analysis and verifying all facts. Today, our focus is on DealHoo, a mysterious company from Lithuania that has no reviews from traders yet. Before deciding to work with them, we recommend you to read our review.
What Lies Behind the Mask of DealHoo?
- The company’s website does not inspire trust: minimalist design, insufficient information, template execution.
- The first impression is of careless work on the website, with errors visible everywhere. It seems like the site was created hastily, despite the organizers’ claims otherwise.
- Claims of thousands of traders are most likely fabricated. There is no information about DealHoo anywhere on the internet, which is unusual given the huge number of users. Considering the company has only been around for a few months, its domain was registered this year and updated next year.
- Contact information points to an address in Lithuania that cannot be confirmed by Google search. A phone number with a Lithuanian code and a nonexistent email address create a grim impression.
- Only a callback request form is provided for contact, which is typical of scammers collecting customer data, unlike honest companies that provide reliable contact information.
DealHoo’s Registration and Licenses: Myth or Reality?
Claims of the company’s registration in Lithuania are not confirmed in the country’s legal entity register, which suggests that we are dealing with scammers who have created a virtual company. The terms of the “User Agreement,” where dispute resolution is supposed to be in accordance with the laws of another country, also raise suspicions.
Claims of having licenses from various regulators are false. Checking in the registries yielded no results. Fake licenses from different countries only fuel suspicions of the company’s dishonesty.
Trading Offers by DealHoo
- DealHoo offers several types of accounts, starting from a small amount.
- An artificially inflated leverage is a sign of fraudsters who likely do not execute trades on the real market but manipulate them within the platform.
Opinions About DealHoo
Despite claims of a massive client base, there are no reviews about the company. This gives hope that scammers will go unnoticed. However, any feedback found will be published for broad discussion.
Potential Fraudulent Actions by DealHoo
By all indications, the company appears to be another financial pyramid scheme. They lure clients with promises of easy earnings but effectively manage trades solely in their favor. After incurring losses, clients are left in debt to fraudsters, paying for fabricated fees and services.
Final Decision on Collaboration
The results of our analysis confirm that DealHoo is a fraudulent project launched recently. All the information presented on their site is false. The company lacks the necessary registrations and licenses, making its activities legally unacceptable. Our advice is to avoid dealing with such scammers like DealHoo and independently verify all facts before investing money in similar projects.
I am extremely dissatisfied with the broker’s work as the analysis of offers, reviews, and general information provided by DealHoo were inadequate and unhelpful.