Review of TheForex Cash scam – detailed analysis of the fake platform and traders’ reviews.
Review of TheForex Cash Scam – Fake Platform Analysis and Traders’ Opinions
TheForex Cash – a well-known forex broker that attracts the attention of many traders. Many people are drawn to the opportunity of easy money without much effort, and are therefore willing to invest in questionable projects. Reviews of theforex.cash indicate a high level of fraud and a lack of investment return guarantee.
Chargeback here does not provide any advantages, but rather, on the contrary, there is a risk of encountering the same scammers who have no intention of returning the invested funds.
Information about the CFD forex broker TheForex Cash: key data
Main information about the unreliable forex broker:
- domain – https://theforex.cash
- email – mail@theforex.cash
- phone contact – +31208087116.
The phone number is the first sign of suspicion. The +312 code is actually international and is used for island states, Antarctic territories, and reserve zones. Many of these places are offshore, where it is easier to obtain a license to operate than to buy a tourist souvenir.
TheForex Cash is actually part of a larger “umbrella” brand. Before investing in the project, it is recommended to carefully study reviews, overviews, and overall ratings on the internet to avoid financial loss.
The perpetrators managing the CFD broker website TheForex Cash also own other “shadow” sites:
- MultiCapital Trade,
- Delloy Trade,
- Berkshir Trade,
- BXTrader,
- US Trade Cash,
- B-Broker Finance,
- Financist Trade,
- Fintrust Trade,
- City Capital Trade.
Detailed analysis of the CFD broker website TheForex Cash
The above-mentioned CFD trading resources are executed using the same templates and likely belong to the same unscrupulous company. The theforex.cash broker site is a copy of these resources. The only difference lies in the photos of allegedly successful traders on the site, which may be fake or taken from open sources on the internet.
The documentation on the theforex.cash site is completely fake.
After conducting a series of studies related to the “umbrella” brand, it was found that almost all of these companies are controlled by one beneficiary – Anderton LLC. This company is registered in Poznan (Poland) at ul. Glogowska, 31/33. However, the company has no contacts in Poland, and clients are likely to be dealt with by representatives from the post-Soviet space.
Traders’ reviews of The Forex Cash broker reflect typical fraud schemes. They start with cold calls and spam, then managers convince clients of the ease of earning on forex, promising big profits. However, it usually ends with the withdrawal of funds from the deposit and various manipulations with clients’ money.
Conclusion on The Forex Cash Broker Review
TheForex Cash broker poses a serious threat due to the wide network of similar companies. One-day websites are not intended for long-term operation and do not provide trading reliability. Based on the analysis, it is recommended to refrain from opening an account with TheForex Cash and carefully study reviews and overviews of the company before investing funds.