EquityFlow scam review: fraud schemes and trader feedback.
EquityFlow: Fraud and Deception
EquityFlow is another CFD and forex broker conceived by scammers to deceive beginners and inexperienced traders. Despite negative reviews, newcomers continue to fall into the trap of equityflow.net. Let’s look at how this company deceives its clients.
Trading Conditions Review and Platform Features
The initial deposit on equityflow.net is 500 dollars, with a minimum bet of 1 USD. These figures seem dubious, indicating the broker’s fraudulent activities. Trading opportunities include currency pairs, popular cryptocurrencies, metals, and stocks. However, withdrawing earnings turns out to be a challenging task for clients.
The leverage is only 1:50, which may seem attractive, but in reality, it may lead to fund losses. The broker offers various account types, but bonus conditions are not met, making fund withdrawal impossible.
Contact Information and Website Design
EquityFlow managers actively use social media to attract clients, but the website design and content look unappealing and uninformative. The news section, consisting of reposts from other sources, has not been updated for a long time, indicating the neglect of the resource.
Fraud Methods
EquityFlow copies other projects like Tor Trade and Inext Trade, deceiving clients into investing funds. The automated trading offered by the broker poses a hidden threat to clients as accounts can go into negative balance. Managers use hacking programs to deprive traders of funds and offer transactions through fake wallets. Client reviews confirm the company’s dishonest practices.
Reviews and Conclusions
Despite negative reviews, EquityFlow continues to attract new clients with the aim of stripping them of their funds. Trusting this broker is not advisable as fund withdrawal is practically impossible. Experts characterize the EquityFlow trading robot as a malicious program, not a useful trading tool.
Therefore, EquityFlow should be added to the blacklist of brokers. Be cautious and safeguard your finances!
Author: Sasha Chaika
Also read: Review of the scam broker Tera Profit: traders’ feedback.