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Keller Finance: “Scammers are improving their tactics”

Keller Finance scammers? No!

How can we make sure that the Forex broker we are planning to deal with is not a scammer? What is the difference between a scammer and a legit broker? What are the favorite fraudsters’ tricks? We took a chance to ask these and other questions to one of Keller Finance representatives.

Question: To begin with, how would you characterize the situation with scammers on Forex market?

Jonathan Singh, development director of Keller Finance: There are still a lot of them. Which means their tricks are still working.

Q: What is the reason for that? Are these some new fraud schemes or they are using some classic things of this kind?

JS: There are some sophisticated schemes, of course, but the bulk of successful fraud attempts that we saw were based on things invented long ago and still being successfully used. According to Keller Finance recent scam review, over 90pc of the fraudsters are not inventing something new, they are using the existing methods and techniques. But scammers are improving their tactics: there are cases when one and the same companysuccessfully uses several different patterns at the same time, for example.

Q: Could you name some of these fraud patterns, which are well-known but are still in use?

JS: Sure. It may sound surprising, but first thing coming to my mind is Ponzi scheme – it just never gets old. And some of them are still quite successful in terms of money stolen despite the fact that the scheme was described in all textbooks years ago. It is simple to detect though. If you see that your referral bonuses are bigger than your revenues from trading – you are somewhere closer to the bottom of the pyramid, leave it immediately.

Q: But Keller Finance itself has some referral program, hasn’t it?

JS: Medifinance is a legit company earning on commissions. There is a partnership program to promote the platform and to attract new clients, but it is something different. Putting it simply, we are not paying the existing clients to attract new ones. That program is definitely not the reason to call Keller Finance fraudsters.

Q: What is Keller Finance key anti-scam recommendation for potential clients?

JS: Do your own research, that is the key anti-scam tactical pattern recommended by Keller Finance. No matter how complicated the fraud scheme is, they will not get your money without your participation. Just be attentive to the details and read documents you are about to sign till the very end. Take your time, if needed, ask questions – don’t do anything when you are not sure enough.

Q: Is there any kind of algorithm of this research?

JS: Try to get to know about your broker as much as possible before giving it your money. No matter where you start with – official website, or scam reviews on the web, just make sure you are not missing anything. And think twice every time when something seems suspicious to you, don’t be afraid to ask questions. If you want to ask if Keller Finance is legit, for example, we have a whole support department at your services. Besides that, there is quality control department, whose work is not seen from outside but also very important.

Q: You didn’t mention various Forex broker scam lists, why?

JS: Because very often they are composed or stimulated by competitors, that is how Forex market competition look like nowadays. Say, you find the article saying something Forex brokers A, B, and Keller Finance are scammers. But it usually it consists of two key ideas – the second would be like “better bring your money somewhere else, maybe you should consider giving them to broker C”. The funniest thing that the scammers are also using this tactics, trying to position themselves as those C companies.

Q: How do you react if you see somebody calling Keller Finance scammers?

JS: There are different situations. If may be the result of some issue, or just outburst of emotions, and we take measures to fix that. But if we see that it is done intentionally, like somebody calls Keller Finance fraudsters to undermine our reputation, we have a full specter of legal means to react.

Q: Speaking about scammers tricks – Keller Finance itself supports deposit and withdrawals in crypto, which is considered a disturbing sign by many observers. How would you explain that?

JS: Fraudsters like crypto because the transaction there can’t be rolled back, indeed. So it would be disturbing if the crypto was the only payment method available, really. But in our case it is just one of them. There are clients who find it faster and more convenient. You can support crypto payments and still be a good broker, this is not a problem. Nobody would include Keller Finance into their scam reviews for that only reason.

Comments (6)

Jessie Nguyen

Even an old guy like me could get everything. Your support team are really pros. They were able to give me all the advice I needed.

Robert Evans

I left BCS when I decided to compare spreads with the competitors. I felt depressed because I saw the difference not in favor of BCS (( I chose the next broker for my own currency pair USD and JPY. I found out that the lowest prices were in unknown to me company Keller Finance Limited. My first thought was probably a scam? A scam? Or a regular broker? I went to Google, read all the information and found the feedbacks. I also found out that this broker had been on the market for about two years and that it was managed by experienced traders with good professional experience. They use MetaTrader 4 platform, which is reliable and very popular among the top brokers. Static spreads, four rates, low entry threshold to the basic level - only 250 bucks. Well ok, money is not the biggest, I registered. The system is stable without any discounts, slippage and requotes are rare and this is normal imho. I have not been disappointed with this kind of service, I`ve been working with professional traders and I`ve found out that they are professional in trading. I can sell both currencies and commodities and scalping. So I will stay here for a long time.

William Williams

Even during the pandemic the company did everything possible to keep me going. Very high quality support. Thank you. I thought it would be worse and I would lose money.

Matthew Ellis

I tried to get into online trading for a while, created demo accounts, but nothing serious. So, my first "real" trade was on this platform. Well, I don't regret it, already got 3 withdrawals after only 2 weeks.

Steven James

Was looking for a broker with low spreads, good analytics, adequate support and budget affordable entry threshold. I would also like a stable connection, fast ordering and a reliable terminal. There was a lot of choice on the market, but in the end I chose Keller Finance Limited, a little-known company. At first I was confused by the young age of the broker, it seemed to be only two years old. Then I thought that 2 years is already long enough to gain the practical experience, but why is it that little is known about this broker? I have read the feedback, I have not found anything incriminating. I opened an account after all, since my needs coincided with the broker's capabilities. I have been trading for a month already. I traded on МetaTrader 4, very stable system, my profit is not so far exact, but I have already made one withdrawal. I did not get any commission, I verified my account and in an hour the money found on my card. For now the impression is very good.

Darlene Hill

I like this company because of its efficiency in work. For their attentiveness to clients. For quick service. For good trading conditions. For the confidence and reliability of the broker in the future. For stable development in this area!

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