Gravity trade why not trust
Paul Roberts 17 / March / 22 Visitors: 661Gravity trade, an online broker operating in the United Kingdom, is a fraudster with an unclean reputation.
If we get to the official Gravity trade website - gravity-trade.com , then we will find that this organization provides intermediary services for working on Forex in the territory of the United Kingdom. Gravity trade also provides software for financial transactions.
Our experts examined the Gravity trade website, familiarized themselves with the terms of action, made a trip to get at least test access to services, investigated the existence of documents, the region of registration of the organization.
With the help of this data, we will find out: Gravity trade - divorce or not?
We will also tell you how not to get hooked by criminals, about their methods of action. We will tell you all the necessary data to keep your investments safe.
Gravity trade organization is located in an offshore country
The first call that indicates that gravity-trade.com these bandits are the state of registration. According to the documents, the company is registered in the Marshall Islands, which is already suspicious, since Gravity trade operates in the United Kingdom. Offshore states are popular with criminals due to the lack of laws and executive power.
In addition, this region does not have permits for activities in the Forex market.
In addition, when we tried to find the address, information about the owners and directors of Gravity trade, we could not find anything.
This already hints at the fact that gravity-trade.com - a criminal broker, interaction with which will result in large monetary losses.
I couldn't find any information about the directors of Gravity trade
After analyzing the official website, we could not find any truthful data about the directors of Gravity trade. No physical address, no phone number or other means of contact.
As a rule, this means that the owners are trying to hide information about themselves in order to evade responsibility for the actions. Even if it is possible to contact one of the Gravity trade employees, then everything will end there, and the real owners of the fraudulent company will remain free.
Gravity trade, the official website - Gravity trade, has been working for less than a month
The Gravity trade website tells about significant experience in the Forex financial market.
The most common way to analyze a site is to obtain domain data. As a rule, they record the expiration date of the domain, the contact details of its owner.
In a particular case, the Gravity trade domain name is valid for less than thirty days, and all data about the individual who possesses it is classified. Another proof that the owners of Gravity trade are trying to protect anonymity.
This desire can be understood, but not when it comes to a financial organization that works as an intermediary between a trader and the Forex market.
At the same time, gravity-trade.com they assure their clients that they have been effectively operating in the Forex market for many years.
U gravity-trade.com there is no demo period
It is a normal practice for brokers to give users a test version of their software so that they can familiarize themselves with the interface, try their skills in Forex trading with fake money.
Unfortunately, on the Gravity trade website, we did not find any mention of a demo period, an opportunity to test the software.
Probably the director of the company gravity-trade.com most likely, it is not going to provide users with trial access to the software, because someone is able to start suspecting something is wrong.
Online broker Gravity trade operates with a negative account
Legal organizations that trade on Forex do not use a negative balance in their activities. According to the laws, the trader of an online broker is not able to spend more now there is on the account. In those situations when the balance goes into a negative value, the loan must be repaid not by the trader, but by the organization that offered the services.
Because of this, legal Internet brokers do not use a negative account in their activities.
However, Gravity trade offers traders to trade with a negative account, that is, in debt.
What is it for?
To drive the client into the negative and extort to pay the debt. This is one of the most common methods of deception used by financial bandits.
If this has already happened, you need to remember that fraudsters have no way to get money under the law of the United Kingdom. Any methods of pressure on customers are illegal. The most that scammers can do is to call, write messages with demands.
You cannot work with Gravity trade, because all agreements will result in expenses.
Gravity trade works with a leverage of 1 to four hundred and more
It is already clear that Gravity trade is a scam. However, let's pay attention to one more nuance, namely the existence of too much leverage.
A credit lever is the ratio of money between users and brokers at the conclusion of a trading operation. The leverage makes it possible to conduct large trading transactions for users who do not have sufficient finances freely available.
In order to protect Forex users, in civilized countries, the current legislation assumes the use of leverage with a maximum ratio of 1 to thirty, sometimes fifty.
At the same time, Gravity trade uses a credit ratio of one to four hundred to earn money on the Forex market.
Such an attitude is allowed in Switzerland, as companies registered in this country enjoy great confidence. However, Gravity trade is not registered in this state.
In fact, Gravity trade does not have permission to conduct operations on the Forex market with such a credit ratio, due to the high risk for users. Actually, this is used to force the trader to invest as much money as possible, but also to drag him into debt.
Local Gravity trade divisions
It is considered prestigious for a financial firm to have regional offices in civilized countries, even if the work is carried out exclusively on the territory of the United Kingdom. Therefore, Gravity trade reports that in addition to many awards, they have regional offices in England, Australia and other civilized regions, as well as a large number of competent employees.
It is elementary to check the presence of these branches. Since there are industry organizations that regulate the actions of online brokers. In Britain it is FCA, and in Australia it is ASIC.
That is, a legal firm is obliged to have supporting documents from these or other organizations that will confirm their ability to provide services for earning money on Forex, to determine the degree of responsibility.
However, after checking the industry websites, our employees did not find them. This once again confirms our suspicions.
To register on gravity-trade.com confidential data needs to be transmitted
As we reported earlier, Gravity trade does not have a test period and because of this, in order to gain access, you need to immediately transfer the minimum deposit to Gravity trade scammers. Also, access to your personal account gravity-trade.com, it is possible only with the successful completion of identity verification.
This means that Gravity trade requires its users to transmit such data as
- Information about an individual (passport, etc.);
- Information about a permanent place of residence (scans of utility payments);
- Information about the place of work, qualifications, experience.
In addition, with the initial payment, fraudsters are able to gain access to bank card data.
Together, this information may allow scammers to issue a loan to a defrauded client, or to carry out other illegal actions.
Since for registration on the website gravity-trade.com , it is required to send personal information, our specialists could not get access to the Gravity trade personal account and the software for making money on Forex.
Real reviews about Gravity trade
An extremely important point of exposing Gravity trade is the analysis of user reviews.
The study of the search results allowed us to obtain the following information
- Most of the reviews and mentions of Gravity trade on the Internet are lies. These are template positive reviews of the paid type;
- All true mentions and comments about Gravity trade are bad. Our experts could not find plausible reviews and comments from users gravity-trade.com, which would talk about serious income, productive work.
- Bad mentions and comments are associated with illegal actions, theft of investments, artificial creation of debt.
Because of this, the reviews about Gravity trade say that this broker is a scammer.
Gravity trade contact information and official documents
After analyzing the mentions on gravity-trade.com our experts have seen a lot of dubious digital official papers that can be easily done with the help of a graphic editor. They are not confirmed by official companies, which means they cannot be trusted.
If an online broker is not affiliated with regulatory companies, then traders simply have nowhere to turn for help.
On the "Contacts" page, we 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 related to the phone number indicated on gravity-trade.com .
Withdrawal of money from gravity-trade.com
Are you going to make money using a Forex broker? Make sure that investments can be taken away from him.
After analyzing the trading agreement on the official Gravity trade website, we did not find clear information about the methods of money withdrawal. In addition, our experts found a description of the penalties for the lack of account activity, but there was no information about the amount. Since scammers do not act in the legal field, it will not be possible to protest these extortions.
Because of this, even if the user has stopped cooperating with Gravity trade, they can start calling and writing messages demanding to pay a fine.
How does Gravity trade work?
The method of finding customers, which uses Gravity trade, also raises concerns.
Fake profiles on social networks are used for advertising, in which fake people spread information about how they quickly managed to get rich working in the Forex market using Gravity trade. Advertising profiles show expensive cars and jewelry, holidays at resorts and other signs of a prosperous life.
Non-existent people promise a rapid increase in income, for which it is not necessary to study or make a lot of effort.
If a user contacts them, Gravity trade managers talk about the reality of quick earnings, as well as about some unique features of their services that will make it possible to immediately withdraw solid earnings.
Further, various manipulations are carried out, which make it possible to get as much investment from the user as possible. For example, a client can arrange a fake profit in order to inspire him to invest more money.
If Forex trading is negative, the manager will recommend investing more in order to compensate for losses.
Gravity trade employees work according to scripts that were developed by professional manipulators. Scammers analyze information about a trader in order to act on specific places, pull out more investments.
As a result, all this will lead to one of two results:
- When you want to withdraw finances before you find yourself in loans, you will be charged, the balance will be frozen, and everything will be done to make you pay even more;
- If you allow scammers to drive the balance into negative territory, threats will arise, scammers will start demanding to repay the fake debt.
An additional method to earn money for Gravity trade may be the transfer of your confidential information to outsiders. We assume that, as a result, information about you can be bought for a modest amount on some anonymous community on the darknet.
Most likely, because of this, all sorts of criminals, sales managers, etc. will start calling you more often. In addition, you should wait for calls from Gravity trade colleagues who will offer a "refund" of lost investments, of course for payment.
Since Gravity trade does not operate in a legal field and protects anonymity, they will not be forced to bear responsibility under current legislation in the United Kingdom. The leaders of the shadow firm carefully disguise themselves and, at best, police officers will be able to figure out someone from the "employees".
Can Gravity trade be trusted?
No way!
Only if you plan to give the scammers finances, it is better to transfer them 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 organization;
- Phone number is seen in shadow schemes;
- Negative score;
- Credit ratio is more than one to 50•
- Bad reviews;
- False data on the site.
A detailed review of Gravity trade is completed. It is clear that Gravity trade is a scam.
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.