With the increasing popularity of online trading, there has been a rise in the number of scam brokers. Hash-contracts.info is one such broker that has been causing concern among traders. In this article, we will review Hash-contracts.info and help you understand why it is a scam broker.
Is Hash-contracts.info a Licensed Broker?
No, Hash-contracts.info is not a licensed broker. The website claims to be based in the United Kingdom, but it is not regulated by any financial authority in the country. The lack of regulation means that there is no oversight of the broker’s activities, which could lead to fraudulent practices.
Why Should You Not Trust an Unlicensed Broker?
Unlicensed brokers operate without any oversight, meaning they can engage in fraudulent practices. They may offer high returns to lure traders, but in reality, they may manipulate the markets to generate losses for their clients. Moreover, unlicensed brokers do not have any mechanism to protect their client’s funds, which could be at risk in case of bankruptcy or insolvency.
Can Hash-contracts.info Be Trusted?
No, Hash-contracts.info cannot be trusted. The broker has been blacklisted by several financial regulators, including the Financial Conduct Authority (FCA) in the UK. The FCA has warned that Hash-contracts.info is a clone of a legitimate firm and is using its name and registration details to appear authentic.
What Do Traders Think About Hash-contracts.info?
Traders who have dealt with Hash-contracts.info have reported several issues, including difficulties in withdrawing funds, unexpected fees and charges, and poor customer support. Many traders have also reported that the broker uses aggressive marketing tactics to lure them into depositing funds.
Scammed by Hash-contracts.info? – Talk To Our Experts
If you have been scammed by Hash-contracts.info or any other scam broker, it is essential to act fast. Contact our team of experts to discuss your options and explore ways to recover your funds. Our team has years of experience in dealing with scam brokers and can provide you with the guidance and support you need to get your money back.