RelaisFinance: customer reviews about the company’s work in 2022
RelaisFinance is a company that aims to create an impression of competitive and transparent pricing, but user opinions on independent forums indicate otherwise. Perhaps the information on this intermediary’s website does not always correspond to reality. User reviews confirm that dishonest practices and problems with contract fulfillment are not uncommon in RelaisFinance.
Brief company information
RelaisFinance does not provide detailed data on its market experience and success indicators. Currently, the company claims to have 260 employees and partnerships with 7 liquidity providers. The organization promises full transparency and round-the-clock support in 8 languages on weekdays. However, communication access is only provided through a contact form and email, the address of which, according to reviews, turns out to be invalid. Questions arise about two-way communication and ensuring reliable customer connections.
Domain history checks show that the site was launched in May 2022, indicating a recent project appearance. Reviews about RelaisFinance have only started to emerge recently. Internal company documents may be available, but their content, according to reviews, is not always favorable to clients. The terms offered by the intermediary are often beneficial solely to the company, relieving it of financial responsibility and granting the right to unilaterally terminate the contract at any time.
Legal information
RelaisFinance claims to be regulated in two jurisdictions, but only an address in Saint Vincent and the Grenadines is listed on the website, which may raise suspicions considering this territory’s status as an offshore zone. Reviews also point to doubts about the authenticity of this address. The brand, they claim, belongs to the group of companies Incandecent Consulting LLC, however, there is no way to verify the license and doubts about the organization’s registration date mentioned on the site.
The local regulator has repeatedly confirmed that it does not oversee the operations of binary and forex brokers but only registers them as legal entities. In Russian-speaking countries, the company provides services without official authorization, leading to issues for traders left without regulatory protection.
Service provision terms
RelaisFinance promises access to trading over 100 assets, including currency pairs, indices, stocks, and commodities. The company offers five tariff plans:
- SILVER. Initial deposit – $250, minimum position size – 0.01 lots, leverage – 1:30,
- GOLD. Entry threshold – $6,000, protection against negative balance, access to automated trading, and an affiliate program,
- PLATINUM. Minimum deposit – $16,000, leverage – 1:50, maximum position size – 20 lots,
- VIP. Requires a deposit of $25,000, includes personal consultant services, maximum position size – 1:50,
- PRO. Minimum deposit from $50,000, leverage up to 1:100, maximum position size – 50 lots.
To earn additional income, RelaisFinance offers to join the affiliate program, the conditions of which can be discussed with project managers.
Reviews and recommendations
The company has a reviews section on its website, but genuine opinions can only be obtained from independent sources. User feedback is still limited but gradually emerging. Reviews mostly express concerns of a financial nature and the company’s dishonest actions.
Fraud methods
RelaisFinance abuses trust by following a standard fraud scheme:
- conducts cold calling and engages with potential clients on social networks,
- pressures for account deposits,
- suggests installing remote access programs and trains the trader in practice, demonstrating fake successes,
- uses AnyDesk to drain clients’ deposits in its favor.
According to reviews, remote access programs can also be used to steal clients’ personal data, which can then be sold on the dark web.
Conclusion
Despite its recent appearance, RelaisFinance raises doubts and concerns among users. Many clients have already fallen into the trap of this company, as reflected in reviews. Be extremely cautious and attentive when choosing an intermediary to avoid issues with such questionable brokerage companies like RelaisFinance.
RelaisFinance has received positive feedback from customers in 2022 for their efficient and professional services. Customers have praised the company for their timely responses, clear communication, and expert financial advice. Many customers have reported that RelaisFinance has helped them navigate complex financial situations and achieve their goals. Overall, customers have expressed satisfaction with the company’s work and would recommend their services to others.