Brokerage scam broker, company Brokeragea.com it is worth bypassing

The online broker Brokeragea, which operates in England, is a criminal with an unclean notoriety.
When we go to the official website of Brokeragea - Brokeragea.com, we will read that this company provides brokerage services for Forex trading in Great Britain. Brokeragea also offers programs for financial transactions.
Our employees looked through the official website of Brokeragea, got acquainted with the terms of operations, made a trip to get a demo access to the services, studied the availability of documents, the region where the company was registered.
With the help of this data, we will find out: Brokeragea - a divorce or not?
In addition, we will explain to you how not to fall into the network of deceivers, about their work algorithms. We'll tell you the information you need to keep your money safe.

Brokeragea is located in an offshore region

The first signal that indicates that Brokeragea are scammers is the state of residence. Documentally, the organization is registered in the Marshall Islands, which is already suspicious, since Brokeragea operates in Britain. Offshore states are popular with criminals due to the lack of legislation and regulation.
Moreover, this country does not have permissions to operate in the Forex financial market.
Moreover, when our specialists tried to find the physical or legal address, information about the owners and management of Brokeragea, they could not find anything.
This already hints that Brokeragea.com is an illegal online broker, working with which will result in large financial losses.

Brokeragea owner data not found

After analyzing the site, our experts were unable to identify plausible information about the directors of Brokeragea. No addresses, no phone numbers or other means of communication.
Basically, this means that the current owners are trying to hide information about themselves in order to hide from responsibility for crimes. And even if it turns out to identify one of the employees of Brokeragea, then this will all end, and the directors of the shadow organization will remain at large.

Brokeragea official website - Brokeragea is less than thirty days old

The official website of Brokeragea.com speaks of significant experience in Forex operations.
The main way to check any website is to get information about its domain name. Usually, they indicate the period of operation of the domain, information for contacting the owner.
In this case, the Brokeragea domain name has been active for less than thirty days, and all data about the legal entity that owns it is hidden. Another evidence that the management of Brokeragea is trying to keep incognito.
Such a desire can be supported, but not when it comes to a financial firm acting as an intermediary between a trader and the Forex financial market.
At the same time, Brokeragea.com assures users that they have been successfully trading in the Forex market for a long time.

Brokeragea has no demo period

It is a common practice for Internet brokers to give users a demo version of their services so that they can get acquainted with the interface and test their capabilities in Forex transactions with fake currencies.
Unfortunately, on the Brokeragea.com website, we could not find information about the demo period, the opportunity to try out the software.
We assume that the organizers of the Brokeragea company most likely do not plan to give customers trial access to their software, since some of them are able to suspect something is wrong.

Brokeragea Online Broker Operates with a Negative Score

Legal organizations that operate in the Forex market do not use a negative account in their activities. By law, the user of an Internet broker is not able to spend more than what is currently in the account. In those situations when the account goes into a negative value, its debt will be required to be repaid not by the trader, but by the organization that provided its services.
In accordance with this, registered online brokers do not apply a negative balance in their work.
Nevertheless, Brokeragea.com provides its users with Forex operations with a negative account, that is, in debt.
Why is it necessary?
In order to drive the trader into a minus and extort the debt. This is one of the most common methods of deception used by financial scammers.
In the event that this happens, you need to remember that scammers have no way to knock out finances in accordance with the laws of England. Any methods of influencing users are considered illegal. The most that scammers are capable of is calling, writing messages with demands.
You cannot work with Brokeragea, as any agreements will turn out to be losses.

Brokeragea.com operate with a credit ratio of 1 to 400 or more

It is already obvious that the Brokeragea are bandits. However, let's pay attention to another nuance, namely the presence of an extremely high leverage.
Leverage is the ratio of the money of traders and online brokers when making a transaction. This makes it possible to conduct significant trading transactions for traders who do not have enough money available.
In order to protect Forex clients, in developed regions, the current laws require the use of leverage with the largest ratio of 1 to thirty, in rare cases 50.
At the same time, Brokeragea applies a leverage of 1 to 400 for trading on the Forex market.
This relationship is allowed in Switzerland, as companies registered in this country enjoy great confidence. However Brokeragea is not issued in this country.
In fact, Brokeragea cannot operate in the Forex financial market with such a credit ratio, due to the high risk for users. So, this is used solely to force the client not only to transfer more of his finances, but also to drag him into debt.

Local divisions Brokeragea

It is considered important for any company to have local offices in civilized regions, even if the activity takes place exclusively in Britain. Therefore, Brokeragea announces that in addition to many awards, there are local offices in Britain, Australia and other civilized countries, as well as about thousands of experienced employees.
Checking the availability of these branches is elementary. After all, there are specialized structures that control the work of Internet brokers. In the UK it's FCA, in Australia it's ASIC.
Because of this, a legal firm must have official documents from these or other organizations that will confirm their permitted right to provide trading services on the Forex financial market, regulate the degree of responsibility.
And yet, after checking the profile websites, our specialists did not find them. Which once again confirms the fears.

For registration on Brokeragea.com, it is necessary to transfer confidential data

As we reported earlier, Brokeragea does not have a demo period and, accordingly, in order to gain access, you must immediately pay the minimum deposit to Brokeragea criminals. In addition, it is possible to create a Brokeragea.com personal account only if the user's confirmation is successfully passed.
This means that Brokeragea requires its users to provide information such as:

• Information about an individual (passport, etc.);
• Information about the permanent place of residence (receipt for utilities);
• Data about the place of work, qualifications, experience.

In addition, during the initial transfer, fraudsters are able to gain access to bank card data.
Combined, this data can enable gangsters to hang a loan on a gullible trader, or to carry out other criminal actions.
Since registration on the Brokeragea.com website requires sending your personal information, our employees have not received access to Brokeragea's personal account and services for earning money in the Forex financial market.

Brokeragea reviews

An extremely important step in exposing Brokeragea is the analysis of customer reviews.
A thorough study of the issuance in search engines yielded the following data:

• Most of the reviews and mentions of Brokeragea on the Internet are fake. These are the same type of positive mentions and custom-made comments;
• All true reviews and references to Brokeragea are bad. Our experts were unable to identify true reviews and comments from users of Brokeragea.com, which report a decent income, effective activities.
• Negative mentions and comments are caused by criminal acts, theft of funds, artificial creation of debt.

Because of this, reviews of Brokeragea suggest that the internet broker in question is a culprit.

Brokeragea contact details and official papers

After analyzing the mentions on Brokeragea.com, we have identified many dubious digital papers that can be easily made using a graphic editor. They are not confirmed by official firms, which means they cannot be trusted.
If an Internet broker is not associated 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 internet broker. There are also many reviews on the web about fraudulent activities associated with the phone number listed on Brokeragea.com.

Withdrawing money from Brokeragea.com

Are you going to make money with the help of a financial Forex broker? Make sure you can take money from him.
While studying the trading agreement on the Brokeragea website, our specialists did not see any available information on how to withdraw the money earned. In addition, our experts found a description of fees for the inactivity of a personal account, but did not find information about the size. Since criminals do not operate in the legal field, these fines cannot be canceled.
Because of this, if a trader has ceased cooperation with Brokeragea, they may begin to disturb with calls and write letters demanding to pay a fine.

How does Brokeragea work?

The way Brokeragea uses to find new clients is also alarming.
For advertising, fake social media profiles are used, in which fake users spread information about how they instantly managed to make a profit by trading on the Forex financial market using Brokeragea. Non-existent people demonstrate expensive cars and clothes, vacations in resorts, and other indicators of a rich life.
Non-existent people guarantee instant profit growth, for which you do not need to learn or put in a lot of effort.
If a potential user comes into contact with criminals, Brokeragea managers confirm the reality of instant income, and also about some unique abilities of their software, which will allow you to immediately withdraw a solid profit.
After that, various tricks are used, making it possible to get as much finance from the user as possible. For example, you can create a small profit in order to motivate you to give more money.
If trading on the Forex market turns out to be unprofitable, the personal manager will recommend transferring even more to compensate for the losses.
Brokeragea employees work according to scripts developed by professional manipulators. Fraudsters analyze user data in order to influence weaknesses and get more money.
One way or another, all this will lead to one of the options:

• When you are about to withdraw your investment before you are in debt, you will be fined, your balance will be frozen, and everything will be done to force you to pay more;
• When you allow the criminals to drive the account on credit, threats will arise, the bandits will demand payment of a fictitious debt.

An additional way to earn income for Brokeragea may be the transfer of your personal data to third parties. We think that, as a result, information about you can be bought for a moderate amount on an anonymous service on the dark web.
Surely, as a result of this, all kinds of criminals, sellers, etc. will call you more often. It is also worth waiting for letters from Brokeragea's accomplices, who will begin to offer the "return" of lost finances, of course for a fee.
Since Brokeragea does not operate in a legal field and remains incognito, Brokeragea cannot be forced to be liable under applicable law in the UK. The heads of the shadow company are skillfully disguised and in the best case, the police will be able to catch one of the "workers".

Can Brokeragea be trusted?

Never!
Only if you are going to give money to scammers, then give it to charity.
Let's briefly list the facts that Brokeragea are scammers:

• Lack of official registration;
• No demo period;
• There is no information about the owners of the company;
• Phone found in criminal operations;
• Negative score;
• Credit ratio greater than one to fifty;
• Bad reviews;
• False information on the website.

Brokeragea detailed review - finished. It is clear that Brokeragea are bandits.

We have compiled a complete Bad Reputation Brokers.

Paul Roberts

Paul Roberts 51 years old Born in Edinburgh. Married. Studied at University of Oxford, Department of Public Policy and Social Work. Graduated in 1997. Works at Standard Life Aberdeen plc.

• broker
• forex
• reviews
• scam

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