Review of New Multi Traders: What Lies Behind the Concise Landing Page
Initially, New Multi Traders looks like an extensive and informative resource, but in reality, it turns out to be an ordinary one-pager from which information needs to be extracted carefully, as if removing a splinter from a finger. An important point remains the favorable reviews on the broker’s own site, while reviews on independent platforms turn out to be negative. Our team has decided to conduct a thorough audit and present the discovered facts about this intermediary.
Interesting Aspects Revealed During Analysis
The New Multi Traders landing page contains information about the company’s achievements:
- Over 538,000 users,
- 8,845 deals per hour,
- Trading volume of 5,154 billion.
If such indicators were genuine, there would be numerous reviews online. However, the first real feedback on independent platforms only appeared this year, contradicting the WHOIS data, indicating domain registration in the fall of 2023. New Multi Traders turns out to be a typical newcomer with fictional achievements.
Opaque Interaction Policy
All tabs on the site, including “Contacts,” remain closed to unauthorized visitors, making it impossible to obtain full information about communication channels with customer support. The main page displays an email address, yet user reviews indicate difficulties in contacting company representatives.
There is no information about the company’s leaders, collaboration conditions, and corporate responsibility in case of force majeure circumstances.
Legal Backstory
New Multi Traders does not provide documentary evidence of its legal status and compliance with regulators’ requirements. Based on company registration service data, it was found that the firm is registered in the UK.
New Multi Traders LTD appeared in British registries in 2021, contradicting the launch time of the financial service. Additionally, a company selling household appliances operates under the same name, having an official website – https://new-multi-traders.business.site.
The list of FCA licensees does not mention New Multi Traders LTD or their rights to broker activities.
Appealing Conditions and Dark Practices
New Multi Traders LTD claims that in the financial world, every second is significant. According to the company’s statement, they have provided high liquidity to ensure traders’ strategies are successful.
The section with tariffs on the platform is closed to public access. Instead of transparent service provision conditions, the site only contains promises:
- Choice of basic assets: currencies, cryptocurrencies, stocks,
- Effective strategies,
- Secure asset protection,
- Safety of funds,
- Instant deal execution,
- Round-the-clock support,
- Analysis and forecasting tools,
- Free educational materials.
Client reviews indicate difficulties in withdrawing funds and trading profitability issues.
Feedback and Scams in Multi Traders
Scammers use trickery and praising reviews on their own site to whitewash their reputation. However, it is wise to be cautious about trusting them. Real users on independent forums share their losses, including dark stories of losing thousands of dollars.
Deception Schemes in Multi Traders: Deception and Sophistication
New Multi Traders LTD prefers not to disclose clear earning conditions, opting to deceive clients individually. Initially, scammers persuade to deposit a small amount into the account and then create a semblance of successful transactions to increase investments. As the deposit grows, false recommendations are given, and funds are drained. As a result, novice traders lose all their investments.
General Conclusion on New Multi Traders
After examining New Multi Traders, we recommend refraining from cooperation since it is a suspicious firm that should not be relied on for honest dealings. Stay vigilant and do not fall into the traps of second-rate players in the market!
