Gravity trade broker review how does it work?
The Gravity trade broker operating in the United Kingdom is considered a fraudster with a bad reputation.
When we go to the official Gravity trade website - gravity-trade.com then we will read that this firm offers services for Forex market operations in the United Kingdom. In addition, Gravity trade offers software for trading actions.
Our experts viewed the official Gravity trade website, got acquainted with the terms of operations, made attempts to get at least demo access to the software, studied the availability of documents, the region of registration of the company.
With the help of the information received, we will find out: Gravity trade - divorce or not?
In addition, we will explain to you how not to fall for the hook of scammers, about their algorithms of work. We will give all the necessary information in order to keep the investment safe.
Gravity trade company is located in an offshore country
The main sign indicating that gravity-trade.com these are bandits - the country of registration. The organization is officially registered in the Republic of the Marshall Islands, which is already doubtful, since the company operates on the territory of the United Kingdom. Offshore regions are popular with fraudsters due to the lack of laws and executive power.
In addition, this region does not have permits for activities in the Forex market.
In addition, when our specialists tried to find the real address, mentions of the owners and directors of Gravity trade, they could not find anything.
This already hints at the fact that Gravity trade is an illegal Internet broker, interaction with which can result in large financial losses.
I couldn't find any data about the organizers of Gravity trade
After examining the official website, our experts have not been able to find true information about the directors of the Gravity trade organization. No legal address, no phone numbers or other communication methods.
As a rule, this means that managers are trying to hide data about themselves in order to avoid punishment for their actions. And even if it is possible to expose one of the managers of Gravity trade, then everything will end there, and the real owners of the fraudulent company will remain free with money.
At Gravity trade, the official website - gravity-trade.com, exists for less than 30 days
The Gravity trade website talks about a lot of experience in the Forex market.
The most common way to analyze any website is to obtain information about the domain name. Most often, they record the period of operation of the domain name, data for the communication of its owner.
In a particular case, the Gravity trade domain has existed for less than thirty days, and the data about the legal entity or individual who owns it is hidden. Another evidence that the organizers of Gravity trade are trying to maintain their anonymity.
Such a desire can be accepted, but not in cases where we are talking about a financial company working as an intermediary between the user and Forex.
At the same time, Gravity trade assures potential users that they have been trading effectively on Forex for quite a long time.
U gravity-trade.com there is no demo period
It is a normal practice for online brokers to give clients a demo version of the software so that they get acquainted with the interface, test their strength in trading on the Forex financial market with fake money.
Unfortunately, on the Gravity trade website, we could not find information about the demo period, the opportunity to try the rograms.
We think that the management of the company gravity-trade.com most likely, he does not plan to give users trial access to the software, since some of them are able to start suspecting a scam.
Broker gravity-trade.com operates with a negative balance
Registered firms that trade on the Forex market do not use a negative balance in their activities. According to the legislation, the user of the Internet broker is not able to spend more now there is on the account. In cases where the account still goes into negative value, its debts should be paid off not by the user, but by the company that provided its services.
Because of this, registered brokers do not apply a negative balance in their activities.
Nevertheless, Gravity trade provides its clients with work with a negative account, that is, in debt.
Why is this necessary?
In order to drive the user into the negative and start demanding from him to pay the debt. This is one of the most frequently used methods of fraud used by financial bandits.
In the event that this has already happened, you need to remember that criminals have no way to get finances under the legislation of the United Kingdom. All methods of pressure on traders are illegal. The most that scammers are capable of is to call, send letters with demands.
With gravity-trade.com it is impossible to cooperate, because any agreements will result in losses.
gravity-trade.com operate with a leverage of 1 to 400 or more
At this point, it becomes clear that Gravity trade are bandits. Nevertheless, we will point out another nuance, namely the existence of an extremely large credit ratio.
The credit ratio is the ratio of funds of traders and Internet brokers when performing a trading operation. The leverage makes it possible to close significant transactions to clients who do not have access to large amounts of money.
In order to protect Forex users, in civilized countries, the current laws imply 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 400 to earn money on Forex.
Such a ratio is allowed in Switzerland, since companies registered in this country enjoy great confidence. But Gravity trade is not registered in this country.
In fact, Gravity trade cannot trade on Forex with such leverage, because of the high risk to customers. Actually, this is used solely to force the trader to invest as much of his own finances as possible, but also to drag him into debt.
Gravity trade local offices
It is considered important for each company to have local units in developed countries, even if the activity takes place exclusively on the territory of the United Kingdom. Therefore, Gravity trade informs that in addition to a large number of awards, there are local divisions in England, Australia and other developed countries, and also about a large number of experienced employees.
It is easy to check the existence of these offices. Since there are industry structures that are engaged in monitoring the work of online brokers. In England it is FCA, and for example in Australia it is ASIC.
Accordingly, a legal firm is obliged to have permits from these or other structures that will prove their ability to provide services for earning money in the Forex market, to indicate the degree of responsibility.
However, after checking the industry websites, our specialists were unable to detect them. This once again confirms our suspicions.
To register on gravity-trade.com confidential data needs to be transmitted
As we mentioned earlier, Gravity trade does not have a demo period, and therefore, in order to gain access, you must immediately pay the minimum payment to Gravity trade scammers. Also, access to your personal account gravity-trade.com, possible only when user confirmation is completed.
This means that Gravity trade requires users to transmit such information as
- Information about an individual (passport, driver's license, etc.);
- Information about permanent residence (utility bills);
- Information about qualifications, place of work, length of service.
Also, with the initial payment, bandits are able to access the card data.
As a result, this data may enable scammers to issue a loan to a gullible trader, or to carry out other shady frauds.
Since for registration on the site gravity-trade.com , it is necessary to transfer your personal data, our experts have not been able to get access to the Gravity trade personal account as well as the software for trading on the Forex financial market.
Reviews about Gravity trade
An important stage in exposing Gravity trade is the analysis of traders' reviews.
A detailed study of the search results in search engines gave the following data
- Most mentions of Gravity trade on the web are fake. These are the same type of positive reviews and comments of a custom type;
- All true reviews and mentions of Gravity trade are negative. We could not find plausible reviews and mentions from users gravity-trade.com, which would talk about serious earnings, productive activities.
- Negative mentions are associated with fraudulent actions, theft of money, artificial creation of debt.
In accordance with this, reviews about Gravity trade indicate that the online broker in question is a scam artist.
Contact information and official Gravity trade papers
Having studied the mentions on gravity-trade.com , we saw a lot of dubious digital official papers that can be easily done using a graphic editor. They are not confirmed by official companies, which means they cannot be trusted.
If an Internet broker is not affiliated with regulatory companies, then its users simply have nowhere to turn for help.
On the "Contacts" page, our specialists saw a phone number. It turned out that it had already been used by an illegal online 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 an online Forex broker? Make sure that you can take money from him.
Having studied the trading agreement on the Gravity trade website, our specialists did not see any available information about the ways to withdraw the earned money. At the same time, our experts found a mention of fines for account inactivity, but they did not find data about the size. Since the bandits do not operate in a legal field, it will not be possible to cancel these levies.
Therefore, if the user has finished cooperation with Gravity trade, they may start to alarm with calls and send messages demanding to pay a fine.
How does Gravity trade work?
The method of searching for users, which uses Gravity trade, is also alarming.
False accounts on social networks are used for promotion, in which non-existent people report how they instantly managed to get rich by performing operations on Forex using Gravity trade. Fakes show expensive cars and houses, trips to resorts and other indicators of a well-off life.
Non-existent people guarantee instant income, for which it is not necessary to study or put a lot of effort.
When a user comes into contact with scammers, Gravity trade employees report about the reality of a quick income, and in addition about some unique abilities of their services that will allow you to instantly withdraw a large profit.
Next, all sorts of techniques are used to make it possible to get the maximum investment from the trader. For example, you can create fake profits in order to provoke the transfer of even more investments.
When trading on the Forex market becomes unprofitable, the representative of the company will offer to invest more in order to cover the losses.
Gravity trade employees work according to methods that have been developed by qualified fraudsters. Scammers study information about the user in order to put pressure on vulnerabilities, pull out more investments.
In any case, everything will come to one of the ends:
- If you are going to get finances before you find yourself in debt, you will be charged, your account will be frozen, and everything will be done to force you to pay more;
- If you give scammers the opportunity to drive the balance into the negative, there will be threats, scammers will demand the return of a fictitious debt.
An additional way to earn money for Gravity trade can be the sale of your personal information to third-party companies. Most likely, after that, it will be possible to get comprehensive information about you for a small amount on some anonymous telegram channel in the darknet.
It is likely that as a result of this, all kinds of scammers, managers, etc. will start spamming you more often. You can still wait for messages from Gravity trade's accomplices, who will begin to offer a "return" of lost investments, of course for a breastplate.
Since Gravity trade does not conduct activities in the official field and retains incognito, then gravity-trade.com it will not be possible to force to answer according to the current legislation in the United Kingdom. The owners of a shadowy company are carefully disguised and, at best, police officers will be able to capture someone from the "managers".
Is it possible to work with Gravity trade?
Only if you plan to give money to bandits, it is better to spend it on charity.
In short, we will announce the evidence that Gravity trade is criminals:
- There is no official registration;
- No demo period;
- There is no information about the owners of the company;
- The phone is seen in shady operations;
- Negative score;
- The credit ratio is more than one to fifty;
- Negative reviews;
- False data on the website.
This concludes the Gravity trade review. It is clear that Gravity trade are bandits.
We have compiled a complete list of brokers that you cannot work with.