Features of the SuperEther Broker
SuperEther is a well-known intermediary that has been providing services for a long time and has received many positive reviews. Project participants have significant ambitions but have not provided evidence of their honesty and reliability. Everything comes down to promises that require additional verification. In the review, we will tell you about investors’ opinions, the results of checking the legislative base, and business proposals.
About SuperEther.io
It is worth noting that reviews about this company have appeared recently, which is quite understandable, considering that the domain was registered in February 2022.
Specialized services evaluate its value at 0 rubles. The website looks poorly made, lacks specific information, and has a poor translation. When deciding on cooperation, these factors should be taken into account to avoid falling into the trap of anonymous scammers who do not provide any information about their successes, development strategy, or project leadership.
Of the contact information provided, only a phone number and an email address are available. After checking, it turned out that both are entirely false. According to clients, contacting support is practically impossible, especially when it comes to fulfilling trading obligations and withdrawing funds.
Legal Facts
According to the data, the broker obtained its license in the UK. The official company ETHEREUM LTD, registered in the UK under number 11090535, is listed in the documents. On the Companies House website, there is information about this organization; however, it is not registered in the stock market sector. The organization’s main activity was operating in the field of information technology. The company was liquidated in 2019.
Remember that for legal activities in the UK, SuperEther should have obtained permission from the local regulator FCA; however, such permission does not exist. The company is fraudulent and offers illegal services. According to reviews, cooperation with this enterprise ends in financial losses for clients.
A similar situation exists regarding licensing in Russia. The Central Bank of Russia did not issue SuperEther permission for brokerage activities and did not authorize the provision of services to Russian investors. Users note that they have to solve financial problems on their own since the regulator does not combat schemes.
Offers for Investors
The fake broker offers a wide range of assets, including Forex currency pairs, cryptocurrencies, indices, commodities, and stocks. The platform does not provide risk-free training. Scammers know that their project is doomed to fail and have decided to make the most of their time.
The minimum deposit is $250. However, despite positioning itself as a British broker, its leverage reaches 500 times. It should be noted that the local regulator FCA prohibits using leverage exceeding 1:30. The scammers offer a manipulative trading terminal, where they manipulate quotes and money transfers.
Trading account features:
- Minimum deposit ranges from $250 to $50,000 (depending on the contract),
- Minimum position volume is 0.0001 lots,
- Minimum spreads range from 0.4 to 2.4 points,
- Maximum leverage ranges from 1:100 to 1:500.
We found no evidence that the organization allows you to earn profits on financial markets and withdraw earnings. Even withdrawal rules and commissions are unknown.
Reviews
The company has only been in operation recently, so there are not many reviews yet. However, the first reviews that have appeared are unfavorable to this project. Traders consider it a scam since withdrawing funds from the platform is practically impossible.
If you have dealt with this project, please share your reviews. Tell us what you think about cooperating with SuperEther.
Scam Mechanism
SuperEther scammers lure potential victims on various forums and social networks. They promise to help understand functions and start successful trading. Novices are attracted by effective trading signals, qualified support, and various bonuses. The conditions turn out to be unrealistic, allowing scammers to limit the actions of investors.
Even if you do not use bonuses, attempts to withdraw funds will be unsuccessful. Fraudsters first demand payment of fake fees, then block the account on the pretext of violating the agreement.
Conclusion
SuperEther has no relation to real brokerage activities. Scammers use fake companies in documents, and they have no licenses for legal activities. Reviews confirm that they do not intend to work honestly or fulfill their obligations. It is best to avoid such companies and preserve your investments.
I am extremely dissatisfied with the broker’s work as the analysis of the commercial proposal and reviews on SuperEther were poorly executed and lacked vital details.