step-lead.cc Honest reviews - Step to Leadership SCAMMERS!Paul Roberts 07 / January / 22 Visitors: 596
The official website and the broker's staff say that the firm offers various programs that are used for Forex trading. In fact, our employees were unable to get access even in trial mode. This is already in doubt, and accordingly we advise you to avoid Step to Leadership, a Forex intermediary, in order not to get into problems.
Step to Leadership - scammers?
The investigation should begin with the analysis of data from open access, which are posted on the official website of the office. For the comfort of visitors, we will present it in a simpler form.
Legal address Step to Leadership - Majuro Marshall Islands MH 96960, Trust Company Complex Ajeltake Road Ajeltake Island. In fact, the broker is a subsidiary of a firm that seems to be registered in the Marshall Islands.
No one is able to vouch for the accuracy of the information. Nevertheless, it is extremely difficult to find an organization in this territory. Nevertheless, you can find a broker on official websites that collect information about firms in offshore territories.
Of course, no information about Step to Leadership was found. There is not even an organization with a similar name. Because of this, we could not find any mention of the director of the office. So we can firmly state that Step to Leadership lies to customers and hides information. The lack of information about the leadership is a reliable confirmation of the shadow work of Step to Leadership.
And if the registration information were present, it would not be enough. The Marshall Islands does not have specialized competencies for regulating and working in the Forex market.
After all, offshore companies attract scammers precisely by the lack of control. So even finding a company in the registers does not give confidence in its reliability. It is impossible to follow the laws if they do not actually exist.
The online broker Step to Leadership has a negative balance.
Compliance with the legislation is a very serious issue that we regularly talk about. The existence of official control allows us to guarantee that the offices will diligently fulfill their obligations and the contributions of their users will not suffer. Also, all law-abiding organizations are obliged to protect their clients from ruin. To do this, regulators in the UK and the EU oblige the company to give protection from a negative balance. This does not allow the client to spend more money than there is on his balance. If the balance still falls into the negative, then the company providing services is obliged to return it to zero.
Step to Leadership is an online Forex broker that makes it possible to trade with a negative balance. As a rule, this is done so that a citizen spends as much money as possible patching up a gap in the balance sheet. Step to Leadership is a scam that spends traders' finances, and then demands to liquidate the debt using methods of psychoemotional violence. If this happened to your relatives or to you, remember - you can not give in. No matter how you are threatened, they are not capable of causing real harm. Criminals have no legal methods to take your funds.
Step to Leadership - scammers, not a legal broker with increased risk. This is evidenced by the lack of registration and official documents. Accordingly, the funds of Step to Leadership clients will not be protected.
The leverage of Step to Leadership is another method to lure currency
And although it is obvious that Step to Leadership is a fraudster, let's consider another dubious nuance. On the official website of the company, you can find information about the possibility of playing on the stock exchange with a leverage of one to four hundred, and more. However, from the point of view of legislation, this ratio is extremely dangerous. Because of this, it is not allowed in civilized countries. Due to the current prohibitions, most law-abiding firms use leverage up to one in thirty or 1 in 50.
The only exception is Switzerland, whose firms are highly trusted. Because of this, it is Swiss traders who are chosen by qualified or risky citizens who are ready to take risks.
Accordingly, in order not to be deceived, it is enough to know the current limits of leverage. If you understand that a firm registered in the UK is not able to trade Forex with a leverage of more than one to 30. If they promise you more, they are going to cheat. This divorce works like this: the trader is forced to take out a large loan and give the money to the breeders.
Is it possible to try to work with Step to Leadership? No way!
Step to Leadership - a fraudster? Do they have official permits?
Of course not. Before giving personal money to the company, it is necessary to check all the data about him. As a rule, fraudulent stockbrokers are not regulated by law and have a shadow center that is engaged in control. In case of trouble, they will not come to the aid of the victim.
It is impossible to send a complaint to one of the controlling organizations about the actions of the divorced:
- FCA - Financial Regulation and Supervision Authority;
- CySEC - Cyprus Securities and Exchange Commission;
- ASIC - Australian Securities and Investments Commission.
Modern countries will not allow the existence of criminal enterprises such as Step to Leadership. Accordingly, it would be desirable for reasonable citizens to avoid dubious firms, not to spend money on them.
The date of registration of the Step to Leadership company?
The official website contains information that the company has been operating for more than ten years. In addition, they provide high-quality services all over the globe, and the specialists are experienced traders.
In addition, we are shown various thematic awards, broadcast about representative offices in Australia, Britain and New Zealand. Clients are served by more than 10 thousand employees who work in regional offices or remotely from different parts of the globe. It sounds tempting, but our experts decided to clarify this data.
The initial stage of the analysis was the study of the Step to Leadership website. To do this, we received information about domain registration. It turned out that less than 30 days have passed since the registration.
The phone number listed on the official website. We check and draw conclusions.
After studying the information about the phone number on the Step to Leadership website, we found out that it was used by the fraudulent broker Comax Invest. In addition, it is associated with a large number of cases of financial fraud, as evidenced by bad reviews on the Internet. Of course, this information only confirmed our doubts. Scammers do not even try to hide, counting on naive people.
Huge Profits from Step to Leadership? No!
Do you really believe that it is possible to earn income by becoming a victim of scams?
Nevertheless, representatives of Step to Leadership, guarantee significant income, instant earnings, in the shortest possible time. Such offers are extremely attractive, but it is thanks to them that scammers lure ordinary people into their claws and steal their funds.
With the help of social networks, scammers make a large number of pages that promote non-existent services. A large number of Instagram pages showing us "achievements": photos with luxury cars, data on profitable auctions, holidays at prestigious resorts, expensive purchases. They affect the envy of ordinary users who want a similar life, send criminals to the network.
The purpose of the criminals is to get your phone number or other contact. Immediately after that, representatives of Step to Leadership will start writing and calling, promising significant receipts, tempting to transfer money to them right now. The reasons for starting cooperation may be different, for example: combinations of celestial bodies and constellations, the Mayan calendar, etc.
Some people may even believe that there will be a profit in the near future. But Step to Leadership is a scam. Scammers will take your investment and try to steal more. The scam will stop only when the victim runs out of money, or the scammers decide to stop themselves. Step to Leadership will easily inform you that you need to transfer even more to receive money, and they will stop only when they decide that there is nothing more to take.
What software does Step to Leadership work with? Meta trader 4, 5
There is information on the Step to Leadership website that they provide the MetaTrader 5 and MetaTrader 4 platforms, which are already known to all brokers as effective tools for working on the Forex exchange. Unfortunately, neither our employees nor ordinary traders were able to test the software. The fact is that you can only get access by registering with AML or KYC. These systems are used to counter the legalization of profits. That is, it is necessary to transfer confidential data to Step to Leadership, namely
- a document confirming the registration of an individual
- an official document on the presence of a permanent place of residence (payment for the payment of communal services);
- official paper confirming the length of service and qualifications.
Since Step to Leadership only seems to be an official online broker, it is not worth sending confidential information to him. Such companies try to deceive the regulatory authorities and hide data about themselves. In the event that personal data gets into their claws, then there is a high probability of their sale to third-party firms. In addition, it is possible to use personal information in illegal schemes.
Working with Step to Leadership using a trial account. Is it possible?
Sometimes, even the lack of information allows you to learn a lot about the organization. For example, Step to Leadership for some reason does not give users the opportunity to test the software or enable a demo account. In accordance with the law, all official enterprises must provide access to trial services so that a citizen can test his strength using virtual currency and then register on step-lead.cc, transfer funds to the balance. In the event that there are no test versions of the service, this is extremely alarming. Our concerns about Step to Leadership are exclusively confirmed.
Some information about Meta Trader
Meta Trader 4 and Meta Trader 5 software is often found in official firms that operate in the legal space. This is the best choice for Forex trading.
The first positions among the software for the financial market, Meta Trader provided excellent tools for creating tables and charts, a lot of indicators, advisors. In addition, it is possible to use more than 10,000 different applications and developments from qualified programmers. But, of course, in order to effectively apply these programs, it is necessary to spend time studying.
Reviews of Step to Leadership from victims
Before investing money in a dubious company, find out what people who have had experience interacting with it write.
After reading industry portals, mass media and social networks, our experts were able to find a negligible number of reviews. Without exception, all positive comments have a clearly paid appearance, but the negative ones are quite similar to the real ones. Accordingly, Step to Leadership is a dishonest Internet broker who throws his clients. If you plan to invest money, we do not recommend doing this.
Are you going to be another victim of fraud? No? Then analyze the enterprises and data about them, consult with experienced stockbrokers and only then take steps. There are a lot of scammers in the Forex market, and Step to Leadership is one of them.
Step to Leadership accounts - how to top up, withdraw?
On the Step to Leadership website, you can find a large number of options for adding funds to your account, just like with decent companies. We failed to test the replenishment method due to AML and KYC. However, users invest money in order to earn. Accordingly, our specialists are interested, first of all, in the method of currency withdrawal. Alas, Step to Leadership will not allow you to return your funds.
In addition, experienced criminals manipulate people so that they replenish their balance more often.
The principles of working with Step to Leadership are unclear, but in the frequently asked questions section we were able to find valuable data. Step to Leadership allows itself to withdraw funds for lack of activity for more than 90 days. The amount of the fine is not indicated anywhere. With this Step to Leadership will remove illegal fines from you that cannot be challenged.
In addition, the client simply has no one to turn to for help.
Financial laws are not for scammers!
The presence of Step to Leadership representative offices in Australia and the UK also creates doubts. Online brokers, in order to work in these states, are required to obtain permits from the relevant structures:
- ASIC (Australia)
- FCA (Britain)
These official papers are needed for official activities on Forex. In the event that they are absent, the company is threatened with a serious fine, and the owners - the need to answer according to the law.
In order to make sure whether Step to Leadership has official papers, we will find information on the Companies House (UK) website.
After a few hours, our employees could not identify the online broker in the registers of the organization. Accordingly, we have the right to say that Step to Leadership is a scam. At best, they openly lie to their users about regional offices and registration.
Do you want to become a victim? Analyze information about organizations before you start cooperating with them. Only brokers with a good reputation and a decent period of activity deserve respect.
We advise you to work exclusively with official companies. Working with organizations to protect deposits, allow licensed firms to guarantee the safety of the money of stockbrokers.
What is the result?
Official papers on the website step-lead.cc at least doubtful. It is difficult to understand whether these are digitized official documents or just a photoshopped picture. In any case, they cannot be called legal papers. The rights and obligations in the user agreement are vague. There is no information about the actual date of the appearance of the office, data about the management. All this is used in order to avoid responsibility to customers and the law.
Step to Leadership is a liar who wants to be touched by a legal internet broker. This is a deception to lure money out of ordinary users. Such firms do not live long. In the event that the number of negative reviews becomes critical, they will disappear, but only to eventually return under a new name and continue to deceive people.
The algorithm of the Step to Leadership scam:
- A large number of advertising posts are created in social networks and on websites. This is necessary in order to get the maximum leads from traders;
- Having received an email and a phone number, Step to Leadership employees start calling and spamming messages with promises of income in record time;
- Fraudsters pull out credit card details, sort of wanting to help with investing. You don't have to give them the data. You should not give them personal information if you are not going to get into debt;
- Over time, scammers will start doing everything to ensure that you send even more funds. In the event that you end trading in the negative, they will begin to recommend covering the loss with new investments. In case of a successful transaction, they will offer to deposit a large amount of funds to the account in order to improve profits;
- If the user tries to take the currency, the employees of Step to Leadership will try to persuade him to change his mind. At the slightest opportunity, criminals will try to force the user to transfer more investments.
Is Step to Leadership really a Forex broker? Of course not. These are scammers who extort funds from naive people under the guise of an official company. The personal data of Step to Leadership employees are securely hidden so that law enforcement organizations cannot find them. This allows you to safely deceive traders.
Conclusions of our employees: Step to Leadership is a scam
Summing up the conclusions, let's try to state all the facts indicating that Step to Leadership are scammers
- The organization does not have legalization even in a shadow country.
- During the publication of the investigation, the official website of the non-broker does not have even 30 days, respectively, all information about non-brokers is false.
- The online broker does not have a confirmation of the right to provide brokerage services.
- The pseudo broker does not have a regulator.
- Addresses of scammers are lies.
- Pseudo-broker documentation does not have a legal basis.
- The presence of units in the United Kingdom, New Zealand and Australia is a fraud.
- The organization's phone is also attached to stock manipulators and in addition with another psvedobroker.
- Outraged reviews of Step to Leadership from deceived customers.
- Do not provide an opportunity to create a demo account.
- Lack of opportunities to study the services without distributing personal data.
- There are no ways to protect yourself from a negative balance.
- Prohibited leverage number.
- Theft and subsequent use of confidential information is possible.
- The fake broker removes the penalty for the absence of transactions after ninety days.
- Incessant moral oppression by employees of a fake organization.
- There are no ways to take away finances if scammers realize that you will not dare to invest more funds.
Step to Leadership is a deception. We are 100% sure of this. The score from one to ten is 0!
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.