Review: Legit or scam?

No Comments is a forex broker trading exclusively in cryptocurrency.

It is a sham crypto brokerage firm that is only in the market to mint your funds fraudulently just like

We will highlight the key red flags for this website that you need to seriously consider before investing even a penny to this con.

Are you a victim?  CLICK HERE to recover your money. Overview

From the website, we find out that the website is owned and operated by Pepper Fly (Pty) Ltd. with an address in the Dominican Republic. 

Dominican Republic is an offshore zone for forex trade and there is no official government body (watchdog) to regulate forex and CFD brokers which means that is unlicensed.

Unlicensed brokers are untrustworthy to deal with. The safety of your funds cannot be guaranteed by all means when dealing with an offshore broker. Such brokers abuse trading rules and are likely to dissolve and disappear with the investors’ money without warning.

 This broker boasts to offer the best trading technology, however, opening a trading account proved to be impossible due to a broken link in the registration of an account option. This is a silly and deliberate mistake for such a broker. A genuine and legitimate broker would not allow such errors to prevail in their website especially at the very initial contact for interested investors.

Investment plans

No information is provided for neither the investment plans available in Omplix nor the minimum and maximum investment amounts. This is very critical information that should be readily available to investors for their decision making process.

The payment methods for deposit and withdrawal include payment via credit card, wire transfer and cryptocurrency for this broker. The withdrawal policy shows that cryptocurrency withdrawal can be done at any time. As for the withdrawal via credit card, the minimum withdrawal amount is 100 EUR/USD/GBP and via wire transfer, it is 250 EUR/USD/GBP.

Should your trading account remain idle for 60 days, the company will charge you a one-off maintenance fee of $200 followed by a monthly fee of $90. This is so punitive and discouraging. Beware of such red flags before investing in this con.

Is it safe to invest with this broker?

It is definitely not safe to invest in this illegitimate broker.

Offshore brokers cannot be trusted. They often lure investors to put in their money then vanish with it once their target has been reached.

There is no evidence of regulation for this broker. Unregulated brokers can never be trusted as they are fond of breaking regulations. They always disappear to thin air since they are not answerable to any watchdog.

For legitimate brokers please click here.

Conclusion is a scam.

Whenever a broker is not regulated do not be tempted to put in your money however lucrative the deal may seem to be.

Unregulated brokers are high risk ventures to even think of investing your money in. They are not answerable to any watchdog incase of any misappropriation of investors’ money. All financial services providers must be regulated by the regulator in which they are operating in.

We cannot recommend this broker for now, this is a time bomb and for sure they will scam you!

Have you been scammed by this broker? CLICK HERE to recover your money.

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