Read our Ngel Finance review to see if we recommend this broker for trading. Just to clear doubts, this is a ngelfinance.com review. How the project is searched:
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Is Ngel Finance Scam or Legit Broker?
In the world of investments and financial opportunities, it is crucial to be vigilant and carefully evaluate every project before making a decision. One project that has caught our attention and that we want to warn you about is the Ngel Finance company (according to Ngel Finance reviews).
However, there are significant risks associated with fake brokers, and we want to warn you about the Ngel Finance project, which has been identified as an unregulated and unscrupulous broker. It’s essential to be aware of the signs indicating a fake broker and to avoid collaborating with such entities to protect your financial interests.
About Ngel Finance
Ngel Finance review – What the company says about itself: Ngel Finance. is a company that strives to provide transparent and high-quality services in the foreign exchange market. It has been providing services to institutions and corporations since 2012, and has since been renewed in 2019 to help individual users trade in an optimal environment.
We understand traders’ markets and perspectives and strive to provide transparent services without low spread, financing fees, and liquidation fee manipulation. Ngel Finance . has a fast, flexible and easy deposit and withdrawal system, and provides a reliable customer service center that operates 24/7 for a foreign exchange (FX) trading platform.
While it may seem enticing at first glance, this project is, in fact, a classic example of a scam project, which has the potential to bring you more loss than gain.
Ngel Finance signs of a Fake Broker:
According to the presented results of ex-traders of this project, Ngel Finance review, which, by the way, are quite negative and unprofitable, the Ngel Finance company does not withdraw money, which, in principle, was quite expected and logical, also based on the previously mentioned provisions.
- Lack of Regulation: One of the major signs of a fake broker is the absence of proper regulation by financial authorities. Legitimate brokers are subject to strict rules and standards imposed by regulatory organizations.
- Unrealistic Promises: Fake brokers like Ngel Finance may make unrealistic promises of quick and substantial earnings to lure clients. These exaggerated promises should be treated with skepticism.
- Weak Contacts and Support: A fake broker may have poorly defined contact details and may avoid providing complete and transparent information about their services.
- Lack of Transparency: Transparency regarding fees, commissions, and the trading process is crucial. Fake brokers may hide this information or be evasive about it. (according to Ngel Finance reviews)
ngelfinance.com disadvantages of collaborating with a Fake Broker:
Loss of Funds: Collaborating with a fake broker can expose you to the risk of losing significant investments, as they can manipulate trades to their advantage.
Theft of Personal Information: Fake brokers may request and use sensitive personal information for fraudulent purposes, such as identity theft.
Negative Experience: Collaborating with an unscrupulous broker can lead to a negative financial and emotional experience, with a loss of trust in the market and investments.
Ngel Finance Conclusion
Ngel Finance Review, ngelfinance.com Scam or Legit? In conclusion, avoid collaborating with the fake broker Ngel Finance and any other broker exhibiting signs of lack of regulation and transparency. Protect your financial interests and always choose legitimate and regulated brokers to ensure a safe and trustworthy investment experience.
How to Protect Yourself:
- Check Licensing and Regulation: Always verify if the broker is authorized and regulated by a trusted financial authority.
- Research Carefully: Conduct thorough research and read independent reviews to assess the broker’s reputation.
- Be Skeptical: Be skeptical of unrealistic promises of earnings, and avoid collaborating with brokers pressuring you to make large deposits.
- Request Information: Request complete and transparent information about fees, commissions, and trading regulations.
Pros
Cons
- Not found
- Fake broker
- Dangerous scammers
- Fraud and money scam
- Low project quality
- Fake contact information
Crosby
January 17, 2024 / at 7:46 am
The brokerage commissions of this company are extremely high. I had to pay a lot more than I expected.
Soren
January 17, 2024 / at 6:33 am
This broker is a dubious company. There are many situations here where it becomes noticeable that the broker is working against the trader. I open a position and it goes at a loss. And this continues until I close the position. Very similar to a fraud on the part of this broker.
Emerson
January 15, 2024 / at 9:06 pm
I was dissatisfied with the quality of research materials provided by this broker. They were superficial and uninformative.
Neil
January 12, 2024 / at 5:59 am
This broker turned out to be a real nightmare! Their customer service is unresponsive and incompetent.