Customer Reviews of Finquotes Financial in 2023
Finquotes Financial offers its clients the most comfortable conditions for trading on financial markets. Regardless of your experience, financial situation, and preferences, you will find suitable opportunities for successful trading here. However, the initial reviews of the company raise serious concerns. Users report extortion and trading manipulations by Finquotes Financial.
Main Information about Finquotes Financial
Finquotes Financial claims to have been providing its services since 2008. The company aims to create a unique trading platform that will outperform its competitors. Currently, the company’s website presents the following statistics:
- 455 thousand traders,
- $58 million monthly investment volume,
- $29 million monthly fund withdrawals.
However, considering the recently emerged reviews about the company, the statistics of Finquotes Financial raise serious doubts. A whois check revealed that the site has been active since September 2023, indicating the project’s novelty. Negative reviews about the company suggest that clients should be extremely cautious when dealing with it.
Legitimacy of Operations and Licensing
Finquotes Financial claims to be officially registered and to have all the necessary licenses. However, actual evidence of this has not been found. Despite the mention in the Client Agreement that the brand is managed by Riston Capital Ltd, registered in Saint Vincent and the Grenadines, there are no scanned copies of incorporation certificates and licenses. This raises serious doubts about the legality of the company’s operations.
Commercial Offer Features
Finquotes Financial offers its clients trading through desktop, browser, and mobile versions of the terminal. In addition to currency pairs, commodities, stocks, indices, and other assets are available. Information about the minimum entry threshold is not disclosed, which raises clients’ distrust. The company offers a range of additional services, including personal analytics, trading signals, and various bonuses. However, user reviews note that the platform focuses solely on capital attraction.
Client Reviews and Recommendations
There are few reviews of Finquotes Financial’s operations in 2023 online. However, the available information allows for the conclusion of the company’s fraudulent activities. Novices are advised to be particularly cautious and not trust the company without proper verification. It is important to share your experience and warn other traders about the dangers of dealing with Finquotes Financial.
How Novices Are Deceived
Under the guise of help and advice, Finquotes Financial offers “mentor” services to novice traders. However, according to user reviews, these “mentors” are part of the company’s fraudulent scheme. They manipulate clients and encourage them to invest large sums, after which they block access to the account and disappear.
Conclusion
Based on the available information and customer reviews, Finquotes Financial is a company that cannot be trusted. The negative experiences of users highlight the risks associated with dealing with this company. It is recommended to avoid contact with Finquotes Financial and warn others against falling into financial traps.
