Scammers posing as a real company ru.eo-trading.com
Hackers, who only think of their own benefit, ignore the needs of traders and investors. They are only interested in profiting at the expense of others and evading punishment. To conceal their scam, fraudsters pretend to be real companies and even steal official documents. One such deceitful company is ru.eo-trading.com, which we discuss in this article. Here we will examine what is known about this project, verify its legal grounds, and provide reviews from former clients.
Revealing the truth about ru.eo-trading.com
According to the official version, ru.eo-trading.com is owned by ExpertOption, a company well-known among traders for its solid reputation. It has been operating in the field since 2014.
However, investigations have shown that the subject of our review is lying and has no connection to the actual company. Its website was only registered at the end of August 2023, and it is a copy of the official ExpertOption website (expertoption.com). Hackers rely on the gullibility of potential victims who will not scrutinize the details and will immediately register and fund their account.
Do not expect serious customer support from ExpertOption. There is no direct communication with technical support; there is only an email and a contact form. Scammers also have a presence on social media but hide their followers to avoid arousing suspicion among potential victims.
Project Regulation History
According to statements, the managing broker is EOLabs LLC, officially registered in Saint Vincent and the Grenadines. There are no confirming documents. However, it is worth noting that the regulations for investment companies do not apply in that country. Upon visiting the official website of the local regulator, an immediate warning about the absence of supervision appears. The regulatory body merely registers financial companies as legal entities and does not interfere further.
Among the shareholders of Saint Vincent and the Grenadines is ExpertOption LLC, which obtained a certificate of inclusion at the end of September 2021. Please note that at that time, our review subject was not yet known.
Hackers have stolen others’ legal data and are harming the reputation of ExpertOption by using it for their own lucrative purposes. Trusting an inauthentic company created by anonymous fraudsters is akin to playing with fire. Liars do not bear financial responsibility and do not compensate for losses. They disappear without a trace.
Collaboration Details
Fake ExpertOption offers opportunities for both active and passive investing (including through social trading). According to claims, the platform processes over 30 million transactions monthly. The chance to practice with no capital risk starting from a demo account is offered. Even without real customer reviews, it is evident that this is a mere ploy. In reality, it is a dishonest firm aimed at deceiving potential victims and extracting money. The fake company lacks access to the interbank market and liquidity providers. It can only simulate trading processes.
Characteristics of the commercial proposal:
- minimum deposit amount – $10,
- free training,
- some accounts include priority withdrawals, daily market reviews, and financial research,
- tools for fundamental and technical analysis,
- over 20 deposit/withdrawal methods (debit/credit cards, e-payment systems).
User Opinions on ExpertOption?
Given the long operating history of the official company ExpertOption, there are numerous reviews, both positive and negative. No one claims it to be fraudulent. Of course, such a reputation is beneficial to the subject of our review.
If you have traded on a bogus platform, share your experience and warn others about the risks.
Features of Fraud
Do not assume that losses on the dishonest platform ExpertOption will be limited to ten dollars. Scammers have hired experienced psychologists who will engage in financial extortion every day. They will not leave you alone until they receive a significant amount. And once that happens, they will immediately block you and disappear. Retrieving the stolen funds independently will be challenging; legal assistance and support from a chargeback service will be required.
ExpertOption Review Summary
Interacting with ExpertOption is dangerous; scammers will not give you a chance. They will swiftly fleece you and leave you behind. As there are currently no reviews about this fraudulent project on the internet, potential victims will not receive reliable information. Do not let your guard down to protect your capital. It is not advisable to engage with the fake broker.
I am profoundly dissatisfied with ExpertOption’s performance in 2023, as their lack of transparency and poor customer service significantly undermined my trading experience.