Gravity trade is a scam broker with poor indicators
17 / March / 22 Visitors: 306 ★
Online broker Gravity trade, which operates in the United Kingdom, is a fraudster with a bad reputation.
If we get to the official Gravity trade website - gravity-trade.com , then we find out that the company under study offers trading services on the Forex financial market in the United Kingdom. In addition, Gravity trade provides software for financial transactions.
We studied the Gravity trade website, got acquainted with the terms of action, made a trip to get demo access to the software, looked at the availability of documents, the place of registration of the company.
With the help of this information, we will figure out: Gravity trade - divorce or not?
We will also tell you how not to fall into the trap of scammers, about their methods of action. We will give you all the necessary information in order to keep your investments safe.
Gravity trade company is located in an offshore country
The first call that indicates that gravity-trade.com these are scammers - the region of registration. The organization is documented in the Republic of the Marshall Islands, which is already suspicious, since the company operates in the United Kingdom. Offshore regions attract the attention of scammers due to the lack of laws and regulation.
In addition, this state does not have the rights to work on Forex.
In addition, when our experts tried to find the physical or legal address, data on the owners and directors of Gravity trade, they could not find anything.
This suggests that Gravity trade is an illegal online broker, working with which will result in serious monetary losses.
I couldn't find any information about the directors of Gravity trade
After researching the site, our specialists could not find reliable information about the directors of Gravity trade. No address, no phone number or other methods to get in touch.
As a rule, this means that the real owners are trying to hide their identities in order to avoid punishment for crimes. Even if you manage to catch one of the Gravity trade employees, it will all end there, and the organizers of the criminal company will remain at large.
At Gravity trade, the official website - gravity-trade.com, valid for less than a month
On the website gravity-trade.com it tells about the serious experience of Forex trading.
The most common way to study a website is to get information about the domain. Basically, they record the age of the existence of the domain name, information for the communication of its owner.
In this case, the domain name gravity-trade.com it exists for less than thirty days, and all data about the individual who possesses it is hidden. Another proof that the organizers of Gravity trade are trying to preserve their anonymity.
Such a desire can be understood, but not when it comes to a financial firm that works as an intermediary between a trader and the Forex financial market.
At the same time, Gravity trade assures its potential customers that they have been successfully operating on Forex for many years.
U gravity-trade.com there is no demo period
It is a common practice for Internet brokers to provide users with a demo version of the software so that they get acquainted with the interface, try their capabilities in Forex operations with virtual money.
Unfortunately, on the Gravity trade website, we could not find data about the trial period, the opportunity to try out the software.
We assume that the management of the Gravity trade organization simply does not plan to give traders trial access to paid software, because someone is able to suspect something is wrong.
Gravity trade broker works with a negative balance
Official organizations that work in the Forex financial market do not use a negative account in their work. According to the legislation, the broker's user is not able to spend more now on the account. In rare cases, when the account goes into negative, its debts will have to be repaid not by the trader, but by the organization that provided its services.
Therefore, legal Internet brokers do not use a negative account in their activities.
Nevertheless, Gravity trade provides its users with a negative balance, that is, in debt.
Why is this necessary?
To drive the user into a loan and start paying off the debt from him. This is one of the most popular methods of deception used by financial scammers.
If this happens, it must be remembered that fraudsters do not have the opportunity to receive investments in accordance with the laws of the United Kingdom. All methods of pressure on you are illegal. The maximum that scammers can do is to call, send threatening letters.
With gravity-trade.com it is impossible to cooperate, because all agreements will result in losses.
Gravity trade operates with a leverage of one to four hundred or more
It is already clear that Gravity trade is a scam. Nevertheless, we will point out another fact, namely the presence of an extremely large leverage.
The leverage is the ratio of the finances of traders and online brokers at the conclusion of a trading operation. This makes it possible to make significant transactions for traders who do not have access to the corresponding amounts.
In order to protect the clients of the Forex market, in civilized countries, the current legislation provides for the use of leverage with the highest ratio of 1 to thirty, in exceptional cases 50.
At the same time, Gravity trade uses a leverage of one to 400 for trading on the Forex financial market.
This ratio is allowed in Switzerland, since firms registered in this state enjoy high confidence. However, Gravity trade is not registered there.
In fact, Gravity trade does not have the right to trade on the Forex financial market with such a credit ratio, due to the high risk for users. So, this is used to force the user not only to invest as much of their finances as possible, but also to drag them into loans.
Gravity trade Regional divisions
It is considered respectable for every financial firm to have local branches in civilized countries, even if the activity is carried out only on the territory of the United Kingdom. Therefore, Gravity trade informs that in addition to an impressive number of awards, there are local representative offices in England, Australia and other civilized countries, as well as thousands of qualified employees.
It is elementary to check the reality of these offices. Because there are industry structures that regulate the activities of Internet brokers. In the UK it is FCA, and in Australia it is ASIC.
That is, a law-abiding organization must have supporting documents from these or other organizations that will confirm their authorized right to provide earnings services in the Forex financial market, determine the level of responsibility.
However, after analyzing specialized websites, our employees could not find them. Which once again confirms our suspicions.
To register on gravity-trade.com it is necessary to transfer personal data
As we said earlier, Gravity trade does not have a demo period and because of this, in order to gain access, you must immediately pay the minimum deposit to Gravity trade bandits. Also, access to your personal account gravity-trade.com, is only real when the client's confirmation is completed.
This means that Gravity trade requires users to transmit such data as
- Information about an individual (passport, driver's license, etc.);
- Data about a permanent place of residence (a receipt for a communal apartment);
- Information about the place of work, qualifications, experience.
In addition, during the initial transfer, scammers can get access to bank card data.
In combination, this information may enable fraudsters to spend a loan on a defrauded trader, or to carry out other illegal actions.
Since for registration on the website gravity-trade.com , it is necessary to transfer personal data, our experts have not received access to the Gravity trade personal account and software for Forex transactions.
Real reviews about Gravity trade
An important stage in exposing Gravity trade is the analysis of customer reviews.
The analysis of search results in search engines gave the following data
- Most of the reviews and mentions of Gravity trade on the Internet are fake. These are template positive reviews of a custom nature;
- All real reviews about Gravity trade are negative. Our experts were unable to identify plausible mentions from former users gravity-trade.com, which report a good profit, effective activity.
- Negative mentions and comments are caused by illegal actions, theft of deposits, creation of debt.
Because of this, reviews of Gravity trade indicate that the broker in question is a criminal.
Contact information and official Gravity trade papers
Having studied the information on gravity-trade.com , we found a lot of questionable digital papers that can be easily done using a graphic editor. They are not confirmed by official organizations, which means they cannot be trusted.
If an online broker is not affiliated with regulatory companies, then its traders 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 related to the phone number indicated on gravity-trade.com .
Withdrawal of money from gravity-trade.com
Are you going to make money with the help of an online Forex broker financial market? Make sure that you can take away his finances.
Studying the trading agreement on the Gravity trade website, our experts did not see any specific information about the withdrawal methods. In addition, our employees found a mention of fines for the lack of activity of a personal account, while they did not find data about the size. Since criminals do not work in the legal field, it will not be possible to challenge these fines.
That is, if a user has stopped working with Gravity trade, they can start calling and writing messages demanding to pay a fine.
How does Gravity trade work?
The method of finding new users, which uses Gravity trade, is also alarming.
Fake profiles on social networks are used for advertising, in which fake users report how they instantly managed to make a profit by earning on the Forex market using Gravity trade. Fakes show expensive cars and jewelry, holidays at resorts, as well as other signs of a prosperous life.
They guarantee rapid earnings, for which you do not need to study or make a lot of effort.
When a potential trader comes into contact with criminals, Gravity trade employees talk about the possibility of rapid earnings, as well as about some unique abilities of their software that allow you to immediately earn a solid profit.
After that, various techniques are used to get the maximum amount of finance from the client. For example, you can create a fake profit to motivate you to transfer even more funds.
If trading on the Forex market is negative, the personal manager will offer to transfer even more in order to compensate for the negative.
Gravity trade employees operate according to algorithms developed by qualified scammers. They study the information about the client in order to act on specific places, pull out even more deposits.
In any case, it will all come down to one of the results:
- If you are going to withdraw investments before you find yourself in debt, you will be fined, banned from using assets, and will do everything to force you to transfer even more;
- If you allow criminals to drive the balance into debt, threats will arise, scammers will demand to pay a fake loan.
Another way to earn income for Gravity trade is to transfer your personal data to third-party companies. Most likely, after that, detailed information about you will be available for a modest sum of money on some anonymous community on the shadow Internet.
Surely, after that, all sorts of scammers, sellers, etc. will start calling you. You should also wait for letters from Gravity trade accomplices who will offer to "receive" lost deposits, of course for a reward.
Since Gravity trade does not work in a regulated field and stores incognito, Gravity trade will not be able to force a response under the law in the United Kingdom. The organizers of the shadow company are carefully hiding and in the best case, the legitimate authorities will be able to catch someone from the "employees".
Is it possible to work with Gravity trade?
If you are going to transfer money to criminals, then transfer it to a good cause.
Let's briefly state the facts indicating that Gravity trade is criminals:
- There is no official registration;
- No trial period;
- There is no information about the owners of the company;
- Phone number detected in fraudulent transactions;
- Negative score;
- Leverage is more than one in fifty;
- Bad reviews;
- Incorrect data on the website.
This concludes the Gravity trade review. It is obvious that Gravity trade is a scam.
For your safety, we have compiled a complete list of unscrupulous brokers.