Gravity trade is a dangerous broker, let's figure it out
The Gravity trade broker operating on the territory of the United Kingdom is considered a fraudster with a spoiled reputation.
When we get to the official Gravity trade website - gravity-trade.com , then we find out that the organization under study provides services for trading on the financial Forex market in the United Kingdom. In addition, Gravity trade offers programs for trading operations.
Our experts examined the Gravity trade website, got acquainted with the terms of operations, made attempts to get at least test access to the software, studied the availability of official papers, the region of registration of the organization.
With the help of this information, we will find out: Gravity trade - divorce or not?
We will also explain to you how not to fall into the trap of scammers, about their ways of working. We will tell you all the necessary information to keep your finances safe.
Gravity trade company is located in an offshore country
A serious call indicating that Gravity trade is criminals - the region of registration. According to the documents, the company is registered in the Marshall Islands, which is already doubtful, since it operates on the territory of the United Kingdom. Offshore regions attract the attention of criminals due to the lack of legislation and control.
Also, this state does not have the authority to trade on the Forex financial market.
In addition, when our specialists tried to find the physical address, data about the owners and directors of Gravity trade, they could not find anything.
This already hints at the fact that gravity-trade.com - a shadow online broker, cooperation with which can result in serious financial losses.
Lack of information about Gravity trade directors
After researching the site, our employees could not find reliable information about the owners of Gravity trade. No physical or legal address, no phone number or other ways to get in touch.
As a rule, this means that the current owners are trying to hide themselves in order to hide from the responsibility for the actions. Even if it is possible to detect one of the Gravity trade employees, then everything will end there, and the owners of the fraudulent organization will remain free with money.
At Gravity trade, the official website - gravity-trade.com, valid for less than thirty days
On the website gravity-trade.com it speaks about the extensive experience of operations in the Forex financial market.
The main method of studying any website is to obtain information about its domain. Most often, they record the period of operation of the domain, the contact information of its owner.
In our case, the Gravity trade domain name is valid for less than thirty days, and all data about the person who owns it is hidden. Another evidence that the directors of Gravity trade are trying to maintain their anonymity.
This desire can be understood, but not when it comes to a company acting as an intermediary between the user and the Forex market.
In addition to this, Gravity trade themselves assure their potential customers that they have been working effectively on Forex for many years.
Gravity trade has no demo period
It is a normal practice for online brokers to provide users with a demo version of their software so that they can familiarize themselves with the interface, try out opportunities in the Forex market with virtual money.
Unfortunately, on the website gravity-trade.com , we could not find any mention of the trial period, the opportunity to try out the rograms.
Probably the management of the organization gravity-trade.com most likely, he is not going to provide traders with test access to the software, since some of them are able to suspect a scam.
Gravity trade online broker works with a negative account
Legal companies that operate in the Forex financial market do not use a negative account in their activities. According to the legislation, an online broker trader cannot spend more than he currently has on the account. In those situations when the account still goes into negative, its debts will have to be repaid not by the client, but by the company that offered the services.
Because of this, registered Internet brokers do not use a negative balance in their work.
Nevertheless, Gravity trade provides clients with trading with a negative balance, that is, on credit.
What is it for?
In order to drive the trader into the negative and pay off the loan from him. This is one of the most popular methods of deception used by bandits.
If this has already happened, you need to remember that criminals have no way to recover finances under the legislation of the United Kingdom. All methods of influencing you are illegal. The most that scammers can do is call, send messages with demands.
With gravity-trade.com it is impossible to cooperate, as the agreements will turn into expenses.
Gravity trade works with a leverage of 1 to 400 and more
Already, it is clear that Gravity trade are bandits. Nevertheless, we will point out one nuance, namely the presence of excessively high leverage.
The credit ratio is the ratio of money of traders and online brokers at the conclusion of a trading operation. Leverage allows significant transactions to be carried out by traders who do not have the corresponding amounts freely available.
In order to protect traders in the Forex financial market, in civilized countries, legislation provides for the use of leverage with the highest ratio of 1 to 30, sometimes 50.
At the same time, Gravity trade applies a credit ratio of 1 to four hundred for operations on the Forex financial market.
Such an attitude is allowed in Switzerland, since the organizations registered in this power enjoy considerable trust. Nevertheless, Gravity trade is not registered in this country.
In fact, Gravity trade does not have the right to trade on the Forex market with such leverage, due to the high risk for customers. Actually, this is used only to force the client not only to invest as much personal finance as possible, but also to drag him into loans.
Gravity trade Regional divisions
It is considered important for any financial company to have local offices in developed countries, even if the work is carried out exclusively in the United Kingdom. So Gravity trade tells us that in addition to a significant number of awards, they have regional offices in England, Australia and other developed countries, and also about a lot of qualified workers.
It is easy to check the existence of these divisions. Since there are profile organizations that control the actions of online brokers. In Britain, this is FCA, and in Australia, for example, ASIC.
That is, an official organization must have authorization papers from these or other structures that will confirm their right to provide services for trading operations in the Forex financial market, determine the level of responsibility.
However, after studying the profile websites, our specialists could not find them. This once again confirms our suspicions.
For registration on gravity-trade.com it is necessary to transfer personal data
As we reported earlier, Gravity trade does not have a demo period, and therefore, in order to gain access, you must immediately pay the minimum deposit to Gravity trade bandits. Also, create a personal account gravity-trade.com, really only at the completion of identity verification.
This means that Gravity trade requires customers to provide such information as
- Information about an individual (passport, driver's license, etc.);
- Information about the permanent place of residence (utility bills);
- Information about qualifications, place of work, length of service.
In addition, during the initial transfer, criminals can get access to bank card information.
As a result, this information may allow bandits to spend a loan on a client, or to carry out other shady actions.
Since for registration on the website gravity-trade.com , you need to transfer your confidential information, our employees did not get access to the Gravity trade personal account and the software for transactions on the Forex market.
Real reviews about Gravity trade
An important point of exposing Gravity trade is to study customer reviews.
A detailed study of the search results in search engines gave us the following information
- Most of the reviews of Gravity trade on the Internet are fake. These are the same positive mentions of a custom nature;
- All true reviews and mentions of Gravity trade are negative. Our employees were unable to find reliable mentions and comments from users gravity-trade.com, which report a good income, effective activity.
- Negative reviews and mentions are associated with fraudulent actions, theft of funds, creation of debt.
Therefore, the reviews about Gravity trade say that the broker in question is a criminal.
Gravity trade contact information and official documents
After analyzing the data on gravity-trade.com our experts have found a lot of dubious digital official documents that can be easily made using a graphic editor. They are not confirmed by official companies, which means they cannot be trusted.
If the Internet broker is not connected with regulatory companies, then customers simply have nowhere to turn for help.
On the "Contacts" page, our specialists identified 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 a financial Forex broker? Make sure that you can take money from him.
After analyzing the user agreement on the Gravity trade website, our experts did not find clear information about the ways to withdraw the earned money. At the same time, our experts identified the mention of fees for long-term inactivity of the account, while they did not find information about the amounts. Since fraudsters do not operate in a legal field, it is impossible to challenge these fines.
Therefore, even if a trader has finished working with Gravity trade, he may be called and spammed with a demand to repay the fine.
How does Gravity trade operate?
The method of finding customers, which uses Gravity trade, also raises concerns.
Fake accounts on social networks are used for advertising, in which fake bloggers report how they quickly managed to earn income by trading on the Forex market using Gravity trade. Fakes show expensive cars and clothes, trips to resorts and other signs of a rich life.
Bots promise instant income growth, for which it is not necessary to study or put a lot of effort.
If a potential client makes contact with scammers, Gravity trade employees talk about the possibility of instant income, and also about the unique abilities of their programs that will allow you to immediately get a solid income.
After that, various tricks are used to get the maximum amount of funds from the user. For example, you may be drawn a small profit in order to inspire you to invest more money.
When trading on the Forex market turns out to be unprofitable, a representative of the company will recommend investing more in order to compensate for the negative.
Gravity trade managers work according to the manuals that were developed by professional psychologists. Scammers analyze data about a trader in order to put pressure on vulnerabilities, pull out even more deposits.
As a result, all this will lead to one of the ends:
- When you decide to withdraw money before you find yourself in the red, you will be charged, the invested money will be closed, and they will do everything to force you to transfer more;
- If you allow scammers to drive an account into a loan, threats will fall, bandits will extort you to repay a fake debt.
Another way to make money for Gravity trade is to transfer your confidential information to outsiders. We think that, after that, full information about you will be available for a moderate amount on some anonymous service on the darknet.
Surely, as a result of this, all sorts of scammers, sellers, etc. will write to you. In addition, it is worth waiting for letters from accomplices gravity-trade.com, which will offer a "return" of lost investments, of course for a fee.
Since Gravity trade does not operate in a regulated field and retains anonymity, then gravity-trade.com it will not be possible to force to answer according to the current laws in the United Kingdom. The leaders of the fraudulent company are carefully hidden and, at best, law enforcement agencies will be able to arrest someone from the "administrators".
Can Gravity trade be trusted?
If you plan to give the scammers finances, then it's better to give them to charity.
Let's briefly list the evidence that Gravity trade is scammers
- Absence of an official residence permit;
- No demo period;
- There is no information about the owners of the organization;
- The phone was detected in illegal operations;
- Negative score;
- Leverage greater than one to 50;
- Negative reviews;
- Incorrect data on the website.
This concludes the Gravity trade review. It is clear that Gravity trade are scammers.