Y-ywjk: customer reviews on the company’s performance in 2023
Y-ywjk: customer reviews about the company’s work in 2023
Y-ywjk is one of the fraudulent brokers using a standard scam scheme, changing domains and names to avoid punishment. According to reviews, newcomers often have to rely on information provided by the company and its employees. In this review, we will look at the main characteristics and reviews about Y-ywjk.
Main information about Y-ywjk
Y-ywjk claims to have been operating since 2015 and receiving positive reviews. The website states the presence of 10,000 active accounts, capital of over $13 million, servicing in 13 countries, and a daily turnover of $8 million. The company, allegedly founded by Barry Vordman, shows connections to its predecessor Coingegno, which was blacklisted by the Central Bank of Russia. Reviews about Y-ywjk are just starting to emerge, but already point to a lack of real customer support.
Legally providing services or not?
There are no legal documents confirming the legality of providing brokerage services on the Y-ywjk platform. The organization is not registered anywhere, including CIS countries. Y-ywjk’s predecessor was blacklisted by the Central Bank of Russia. It is likely that Y-ywjk will face a similar fate, but scammers will continue to deceive clients.
How does Y-ywjk offer to earn money?
Y-ywjk promises highly profitable conditions, an innovative terminal, and qualified support. The starting deposit is from $150, leverage is 1:100, and various trading instruments are available. However, reviews show dishonesty in payments and a lack of passive earning opportunities.
What do reviews say?
Reviews of Y-ywjk point to financial manipulations, imitation of the trading process, and denial of payments. Many clients face account blocking and money loss. Clients provide negative feedback as early as the second month of using the platform.
Fraud scheme
Y-ywjk lures clients with promises of high returns and low investments. However, when trying to withdraw funds, deceived investors realize that all their money ended up in the pockets of scammers. It is difficult to recover capital due to onerous conditions and lack of financial responsibility.
Summing up
Y-ywjk is a project of serial scammers targeting newcomers willing to entrust them with their funds. We recommend avoiding cooperation with Y-ywjk and not risking your capital, as the likelihood of deception is high. Scammers are prone to continuing their dishonest practices.