With the increasing popularity of online trading, there has been a surge in the number of trading platforms offering their services to customers worldwide. Unfortunately, some of these platforms are not genuine and have been reported as fraudulent. In this review, we will be examining wingedcoin.com, a trading platform that has been accused of scamming investors.
Is Wingedcoin.com a Licensed Broker?
Wingedcoin has an awesome website. If you hover your mouse you can see some graphics works, but you cannot find any license information if you go to their about us section. They have just some generic wordings and their service description. They claim they served over 1.2k users, but you cannot find a single testimonial from their previous clients.
Also, when we searched for their regulation status, we found no results.
Why Should You Trust an Unlicensed Broker?
Choosing to work with an unlicensed broker is a risky proposition. Such platforms may not have the necessary financial backing to support traders, and there is no regulatory body to oversee their activities. Unlicensed brokers are also not subject to regular audits or inspections to ensure that they are operating in a transparent and honest manner. All these factors make it challenging to trust an unlicensed broker like wingedcoin.com.
Can Wingedcoin.com Be Trusted?
Based on the lack of regulation and the many red flags raised by traders and investors, it is challenging to trust wingedcoin.com. There have been several reports of traders not being able to withdraw their funds or being charged excessive fees without their consent. These are all signs of a fraudulent trading platform that cannot be trusted with your investment.
What Do Traders Think About Wingedcoin.com?
Traders who have used wingedcoin.com have reported a range of negative experiences. Some have complained of being charged hidden fees, while others have been unable to withdraw their funds. There have also been reports of trades being executed without the trader’s consent, resulting in significant losses. All these negative reviews point to a platform that is not trustworthy.
Scammed By Wingedcoin.com- Talk to Our Experts
If you believe you have been scammed by wingedcoin.com, it is essential to seek the help of financial experts who can help you recover your investment. Contact us to get a free consultation and legal help if needed.