Limited Traders Club: user reviews, trading opportunities. What about payouts?
Another scam from Limited Traders Club?
The company called Limited Traders Club claims to have been caring for traders’ profitability for 17 years and offers access to more than 100 assets: base currencies in the Forex market, stocks, cryptocurrencies, and others. It is paradoxical that reviews of this award-winning company have only recently started to appear. In this review, we will try to figure out what Limited Traders Club really is and whether it can be trusted.
Contradictions and Myths
The facts claimed by Limited Traders Club are false:
A whois database search revealed that the company’s website was launched on May 27, 2021, while reviews began to appear around the same time. Conclusion: the company misleads about its experience in the financial markets right from the start of cooperation, which does not speak in favor of this company.
Another fact to note is the absence of contact information in the company. There is neither a call center for prompt support contact, nor social media pages, nor an online chat. There is only a feedback form and an email address to contact support, but verification through specialized services showed that the specified email address is fictitious.
The official Limited Traders Club website claims that the project was created by investors named Thomas Rayds and Johnson Miller, but it is impossible to find information about these individuals online. Company records state that it is presumed to be from the Czech Republic and even obtained approval from the Czech National Bank. However, a check in the registry of the supervisory authority showed the opposite.
Furthermore, the Client Agreement states that the company’s servers are located in Cyprus and it operates under the legislation of that country. Nevertheless, a check in the database of the local regulator Cysec showed no mention of this company.
To be continued in the next message…