Analysis of the Total Group Proposal
The opportunity to invest in the future offered by the Total Group raises questions among potential clients. Before making a decision, it is worth carefully studying the key facts about this project. Decisions should be made based on substantiated conclusions, not opinions.
Main Details about Total Group
Total Group claims to provide brokerage services for 12 years and has impressive indicators:
- More than 500 active users,
- Client assets exceed $100 million,
- A team of 150 qualified specialists,
- 6 awards for achievements and service quality.
Despite reviews confirming the company’s activities, the figures appear dubious. A WHOIS check showed that the domain total-group.com has existed since 1998, which contradicts the company’s claimed experience.
However, the company actually started its operations quite recently. Initially, the domain belonged to another organization and was in the possession of third parties for a long time until it was acquired by scammers for market operations.
From the reviews, it is clear that client service is lacking – scammers provide false information to minimize their losses. Attempts to contact the company’s employees remain unsuccessful.
Another alarming sign is the lack of information about the company’s leadership, indicating hidden intentions of the scammers. Internal documents contain conditions that allow them to arbitrarily change the terms of cooperation, creating uncertainty for clients.
Legal Basis Verification
Total Group does not provide documents confirming their legal transparency. The absence of licenses and certificates, as well as offshore registration in Saint Vincent and the Grenadines, raise doubts about the company’s honesty.
According to the information in the User Agreement, the broker is registered in an offshore zone. However, the registry data of local beneficiaries does not contain information about Total Group.
The registration country lacks legislative powers regarding investment firms, creating risks for investors. The lack of membership in the Financial Commission and insurance guarantees complements the negative impression of their activities.
Total Group Proposal
Total Group offers trading in various assets, but investors’ opinions of their activities are negative. Users note unfounded promises and refusals to pay profits.
The commercial offer features include:
- 6 tariffs with an initial deposit starting from $1,000,
- Leverage up to 1:1000,
- Minimal spreads from 1 pip (in the base tariff – from 15 pips),
- Account currency – USD.
Investors’ reviews indicate risks associated with cooperation with this company. Questionable actions by scammers can lead to financial losses for clients.
Project Reviews
Perceptions of Total Group are based on negative reviews pointing to fraudulent practices. Clients complain about trade manipulations, psychological pressure, and the company’s reluctance to pay out funds.
If you have experience working with Total Group, please share your impressions. Real stories can help others avoid mistakes and losses.
Characteristics of the Fraudulent Algorithm
Total Group attracts novice traders with the most favorable conditions. Even on a demo account, distorted data is provided to convince users of trading success. However, the actual deception scheme involves investments on a manipulated terminal with inevitable losses.
The final conclusion on Total Group – the company is not deserving of trust and investment risk. It is recommended to turn to reliable and verified resources for trading.
I’m truly disappointed with the service that I have been receiving from Total Group. Although I am a beginner in investing, I expected more assistance and guidance on making sound investment decisions. I have found the customer support to be lacking, and I often feel left in the dark with the status of my investments.
Also, the broker’s fees and commissions seem ridiculously high. Every time I make a trade, a significant portion of my investment is eroded away by these costs. It sometimes makes me feel as if I am working for the broker, rather than the other way around.
Moreover, the company’s platform isn’t very user-friendly. As a beginner, it’s hard to navigate and understand certain aspects of my portfolio. Plus, it often crashes at the most inopportune times which could potentially lead to significant losses.
Lastly, Total Group’s overall communication has been poor. I’m not able to get clear, straight-forward answers to my questions. I mostly receive canned responses that hardly address my queries. This paints a picture of a company that’s not willing to take time to help its clients.
I expected Total Group to be a reliable partner in my investment journey, but my experience so far has been frustrating and disheartening. I believe there’s a lot the company needs to improve on in the future to provide a better service for beginner investors like myself.