Broker scam Voytegon, what is hidden under the domain Voytegon.com
28 / January / 22 Visitors: 627
Voytegon, an online broker operating in England, is a scam with tainted publicity.
When we go to the official website of Voytegon - Voytegon.com, we will find that our company provides intermediary services for trading on the Forex financial market in the UK. In addition, Voytegon offers services for financial transactions.
Our specialists studied the official website of Voytegon, got acquainted with the terms of operations, tried to get at least test access to the services, analyzed the availability of official documents, the region where the organization was registered.
With the help of the information received, we will find out: Voytegon - a divorce or not?
In addition, we will explain to you how not to get hooked by criminals, about their methods of action. We will give you the information you need to keep your investment safe.
Voytegon is offshore
The first signal that says that Voytegon.com are scammers is the country of registration. According to the documents, the organization is registered in the Republic of the Marshall Islands, which is already doubtful, since Voytegon.com operates in Britain. Offshore regions attract the attention of scammers due to the lack of the need to comply with the law and supervision.
Also, this country does not have rights to operate on Forex.
Also, when our experts tried to find the physical address, data about the owners and directors of Voytegon.com, they could not find anything.
This hints that Voytegon.com is a shady online broker, dealing with which will result in serious financial losses.
Could not find information about the Voytegon management
After analyzing the website, our specialists could not find any truthful information about the organizers of the Voytegon organization. No address, no phone numbers or other means of communication.
As a rule, this means that acting directors try to hide information about themselves in order to hide from responsibility for their crimes. If one of the Voytegon employees can be found, then everything will end there, and the leaders of the criminal company will remain at large.
Voytegon, website - Voytegon, is less than 30 days old
The Voytegon website talks about many years of experience in the Forex market.
The main way to explore a website is to get information about its domain name. Usually, they fix the term of the domain name, the contact details of the owner.
In this case, the Voytegon.com domain name is valid for less than one month, and information about the legal entity or individual that owns it is hidden. Another evidence that the owners of Voytegon are trying to preserve their anonymity.
Such a desire can be understood, but not when it comes to a financial company acting as an intermediary between the user and Forex.
At the same time, Voytegon assures its clients that they have been effectively operating in Forex for quite a long time.
Voytegon has no demo period
It is a common practice for online brokers to give users a test version of their software to get familiar with the interface, to test their skills in playing the Forex market with a fake currency.
Unfortunately, on the website Voytegon.com, we did not find information about the demo period, the opportunity to test the software.
Probably the organizers of the Voytegon organization simply do not plan to provide customers with trial access to paid software, since someone is able to suspect something was wrong.
Internet broker Voytegon.com operates with a negative account
Official organizations that operate in the Forex financial market do not use a negative account in their activities. By law, a client of an Internet broker is not able to spend more than what is currently in the account. In those rare cases when the account goes negative, the loan will have to be repaid not by the client, but by the organization that provided its services.
Therefore, official online brokers do not use a negative account in their work.
However, Voytegon.com offers customers trading with a negative balance, that is, on credit.
What is it for?
To drive the trader on credit and pay off the debt from him. This is one of the most common methods of fraud used by bandits.
If this has already happened, you need to know that deceivers do not have the opportunity to knock out investments in accordance with the laws of England. Absolutely all methods of influencing customers are considered criminal. The most that the bandits are able to do is call, send messages with demands.
It is impossible to cooperate with Voytegon, since all agreements will turn into new expenses.
Voytegon.com operate with a credit ratio of one to four hundred or more
At this point, it becomes clear that Voytegon are bandits. And nevertheless, we will point out one nuance, namely the presence of an extremely high leverage.
The credit ratio is the ratio of the money of traders and online brokers at the conclusion of a trading operation. This allows you to close large trade transactions to clients who do not have sufficient amounts freely available.
In order to protect Forex users, in civilized countries the legislation provides for the use of credit leverage with the largest ratio of one to thirty, in rare cases fifty.
At the same time, Voytegon uses a credit leverage of one to four hundred for operations on the Forex financial market.
A similar ratio is legalized in Switzerland, as companies registered in this country enjoy considerable confidence. However, Voytegon is not registered in this state.
In fact, Voytegon cannot trade Forex with such leverage due to the high risk to users. So, this is done only in order to force the client to give more money, but also to drag him into debt.
Local subdivisions of Voytegon
It is considered solid for any financial firm to have local offices in civilized regions, even if the work is carried out exclusively in England. Therefore, Voytegon reports that in addition to a large number of awards, they have regional offices in England, Australia and other civilized countries, and in addition about thousands of experienced professionals.
It is very easy to check the reality of these representations. Since industry organizations are known that regulate the activities of Internet brokers. In the UK, this is FCA, and for example, Australia - ASIC.
Because of this, the official firm must have supporting papers from these or other organizations that will confirm their ability to provide trading services on the Forex market, determine the level of responsibility.
And yet, after checking the specialized official sites, our specialists could not find them. This once again reinforces suspicions.
For registration on Voytegon.com, you need to transfer personal data
As we mentioned earlier, Voytegon does not have a trial period and because of this, in order to gain access, you must immediately pay the minimum deposit to the Voytegon bandits. In addition, creating a Voytegon.com personal account is possible only upon successful completion of identity verification.
This means that Voytegon requires its users to provide information such as:
- Information about an individual (passport, driver's license, etc.);
- Data on the permanent place of residence (receipt for utilities);
- Data about qualifications, experience, place of work.
Also, during the first transfer, scammers are able to gain access to bank account information.
Combined, this information may allow the bandits to issue a loan to the trader, or carry out other illegal activities.
Since registration on the Voytegon.com website requires sending confidential information, our employees did not get access to the Voytegon personal account and services for trading in the Forex financial market.
Real reviews about Voytegon
The most important point of exposing Voytegon is the analysis of customer reviews.
The study of issuance in search engines allowed us to obtain the following information:
- Most of the references to Voytegon on the internet are fake. These are the same positive reviews and comments of the paid type;
- All real mentions and comments about Voytegon are negative. We could not find reviews from users of Voytegon.com that say good income, efficient work.
- Negative reviews are associated with fraudulent activities, theft of money, creating debt.
Therefore, reviews of Voytegon report that this Internet broker is a scammer.
Voytegon contact details and official papers
After reviewing the mentions on Voytegon.com, our experts have identified many dubious digital official papers that can be easily made using a graphic editor. They are not confirmed by official companies, which means they cannot be trusted.
If an Internet broker is not associated with regulatory companies, then users simply have nowhere to turn for help.
On the "Contacts" page, our specialists found a phone number. It turned out that it had already been used by an illegal broker. There are also many reviews on the web about fraudulent activities associated with the phone number listed on Voytegon.com.
Withdrawing money from Voytegon.com
Are you going to make money with the help of a financial Forex broker? Make sure you can take money from him.
Analyzing the client agreement on the Voytegon website, we did not find clear information about the methods of withdrawing earned money. In addition, our experts found a description of punishments for prolonged account inactivity, but did not find information about their size. Since the criminals do not operate in the legal field, it will not be possible to challenge these fines.
Because of this, even if the trader has completed cooperation with Voytegon, they may be disturbed by calls and messages demanding to pay the fine.
How does Voytegon work?
The way Voytegon uses to find customers is also alarming.
For promotion, false social media accounts are used, in which non-existent users broadcast about how they instantly managed to get income by earning on the Forex market with the help of Voytegon. Non-existent people show expensive cars and houses, vacations in resorts and other manifestations of a rich life.
Non-existent people promise rapid profit growth, for which you do not need to learn or make a lot of effort.
When a client gets in touch with scammers, Voytegon employees report the reality of instant profit, as well as some unique features of their services that will allow you to immediately earn serious income.
Further, various tricks are used to get the maximum finance from the user. For example, the user can create fake profits to provoke even more investment.
If trading on the Forex market turns out to be negative, the personal manager will recommend transferring even more to compensate for the debt.
Voytegon managers work according to methods developed by experienced deceivers. Criminals study information about the client in order to act on specific places, to get more money.
One way or another, it all boils down to one of the options:
- When you want to withdraw investments before you are in loans, you will be charged fees, prohibited from using assets, and will do everything to force you to transfer more;
- When you give the bandits the opportunity to drive the balance into debt, threats will come, the bandits will demand to pay a fake loan.
Another way to get income for Voytegon can be the transfer of your personal information to third parties. Most likely, after that, exhaustive information about you will actually be purchased for a modest amount on an anonymous service on the shadow Internet.
Surely, as a result of this, all kinds of scammers, sellers, etc. will start calling you. You can also wait for calls from Voytegon.com colleagues who will offer a “return” of lost finances, of course, for a fee.
As Voytegon does not operate in a regulated field and remains incognito, Voytegon cannot be compelled to respond under current UK law. The heads of the shadow company are carefully hiding and, at best, the legitimate authorities will be able to arrest one of the "administrators".
Can Voytegon be trusted?
In no case!
If you plan to give finances to criminals, then spend them on charity.
In short, we will voice the evidence indicating that Voytegon are bandits:
- Lack of official registration;
- No test period;
- There is no information about the owners of the company;
- Phone number revealed in shady transactions;
- Negative score;
- Leverage greater than one to fifty;
- Negative reviews;
- False data on the official website.
This review of Voytegon is over. It is clear that Voytegon are scammers.