Insure Trade: analysis compared to reviews
Often, pseudo-brokers distort data about their market experience to attract clients, including Insure Trade. This organization finds ways to convince users of its activities by offering currency and CFD trading. Despite claiming 10 years of experience, the company has only been in existence for a few months. Let’s conduct a detailed review of how Insure Trade deceives people and why we believe it is nothing more than a scheme.
Information about Insure Trade company: firm’s idea
Insure Trade’s marketing trick lies in its intensive advertising campaign and praise on its website. It is noted that over a million traders have become clients of the company. However, such claims seem dubious considering that the first reviews of Insure Trade appeared just a few months ago.
It is obvious that the company is lying about its competitive advantages and its status as a leading broker in the market. During the investigation, it was found that Insure Trade’s official website was created only in March 2020. This was confirmed by domain name verification data. Strangely, a clone appeared of the insure-trade.io website – insure-trade.cc. Apparently, the authors of this fraudulent project aim to deceive as many people as possible and abscond with their funds in offshore zones.
Upon analyzing the legal documentation of the pseudo-broker, it was revealed that the company Mitz Holdings Ltd is mentioned as the owner, registered in St. Vincent and the Grenadines under number 25667. The veracity of this information cannot be confirmed, as there are no public registries of legal entities in that country. This lack of reliable regulation is why St. Vincent and the Grenadines do not enjoy the trust of respected regulators.
I am dissatisfied with the broker’s work at InSure Trade as the conditions are unfavorable and the negative reviews suggest a lack of reliability and trustworthiness.