CTsolutions was a typical short-breathed scammer. The company vanished after less than a year, leaving numerous victims behind.
Our detailed CTsolutions review serves as a tool for those seeking justice. It contains information about the brokerage and a guide on what to do to recover your funds.
CTsolutions is an anonymous brokerage house with a misleading domain. Based on that, most consumers would assume it’s a UK-based business. However, in this case, CTsolutions regulation would have to be with the local regulator, FCA.
As you can already assume, the FCA database shows nothing about CTsolutions. In addition, their T&C shows that the governing law is the law of Estonia. While in the EU, this country is known as a hub for financial scams and brokers operating under the radar. We didn’t find any official approval from the local authority, FSA.
Finally, if the firm was legit in the EEA zone, it would need to comply with ESMA regarding leverage limits for retail traders. Due to high risk and increased volatility, ESMA imposed a limit of 1:30. On the CTsolutions trading platform, we were offered as high as 1:200.
Knowing all this and knowing that the company shut down its business quickly, we can safely say that CTsolutions is a fraud. If you have any information about their operations, don’t hesitate to share it.
CTsolutions is an unregulated trading brokerage, misleading investors to be a UK-based brand. In fact, their T&C reveals that the business is conducted under the Estonian governing law. The broker has been banned in Russia.
It’s our official proof that the company is a scam. And it’s your cue to seek legal aid immediately.
As already elaborated on, the firm has no permission to operate anywhere. Therefore, all these people are now left without the possibility to log in to their accounts and request a withdrawal. What’s worse, getting help from authorities is not an option.
If you’re wondering what is, continue reading this CTsolutions review.
Just like any other scheme, CTsolutions promises its investors “state-of-the-art” software. In reality, they only offer WebTrader. It’s a basic tool with an asset overview and pending orders. You cannot even use Stop Loss and Take Profit, not to mention advanced features such as social trading and EAs.
Unlike this lackluster platform, most legitimate brokers offer third-party solutions, such as MT4, MT5, and cTrader. Each of these has millions of users and a proven track record. They all allow advanced market research and in-depth analysis. As third-party software, they also offer higher fund safety as they’re less susceptible to market manipulations.
The company only offers browser-based software. It’s not available as an Android or iOS mobile app.
When trading CFDs, time is of utmost importance. Assets are exceptionally volatile, and closing your trade within milliseconds can make the whole difference. Without a mobile app, it’s impossible to be quick, and you might miss profits.
Customers of this illicit business could invest in the following:
Each of these assets is traded as a CFD or a contract for difference. Simply said, investors are not purchasing the underlying asset directly but investing in its price.
We’ve seen three different CTsolutions account types:
Each brings higher bonuses, while the Silver one has no withdrawal fees. Additionally, those who upgrade to the biggest account are entitled to individual money and risk management plan, as well as a personal business plan.
Interestingly, they’ve named their account Micro, requiring $250. Typically, legit brokers only ask for $10 with this account type, being a synonym for almost risk-free testing.
CTsolutions Demo account is not available. The firm required money right at the start, at least the minimum deposit.
Fraudsters often won’t allow potential customers to test the environment, knowing that their offer is bogus. Instead, employees will apply all kinds of pressure techniques to entice you to deposit right away. Then, they will keep selling and asking for more money until they’ve drained you entirely. This is where they will stop responding to your calls, and you’ll understand you’ve been robbed.
If you’re one of the victims of the CTsolutions scam, don’t despair just yet. Our chargeback experts are prepared to evaluate your case and help you find a solution.
Contact us right away to book your free consultation, as the procedure is time-limited. Don’t let scammers run with your money. Fight back, and we’ll fight for you!
CTsolutions is an unregulated online trading brokerage. If you’ve invested your money and cannot get it back, allow us to help you with a withdrawal.
Like many other scammers, the company requires a minimum deposit of $250.
Yes, the company offers a 10-75% of the deposit bonus, preventing your withdrawals until you reach the minimum rollover.
CTsolutions is an unregulated online trading brokerage. If you’ve invested your money and cannot get it back, allow us to help you with a withdrawal.
Like many other scammers, the company requires a minimum deposit of $250.
Yes, the company offers a 10-75% of the deposit bonus, preventing your withdrawals until you reach the minimum rollover.
The post CTsolutions Review 2023 – The Truth About Ctsolutions.uk Fraud appeared first on Global Fraud Protection.
