One of the most dangerous brokers Safe Holdings, Safe-holdings.com drives users into a negative balance
Online broker Safe Holdings, which operates in England, is a criminal with a bad reputation.
If we go to the official website of Safe Holdings - Safe-holdings.com, we will read that our company provides brokerage services for Forex transactions in the UK. Safe Holdings also provides software for financial transactions.
Our employees studied the Safe Holdings website, got acquainted with the working conditions, tried to get at least demo access to the services, analyzed the availability of documents, the region where the organization was registered.
With the help of this information, we will find out: Is Safe Holdings a divorce or not?
In addition, we will explain to you how not to fall for the hook of scammers, about their ways of working. We will give you all the information you need to keep your money safe.
Safe Holdings is offshore
The first sign that Safe-holdings.com is a scam is the region of residence. According to the documents, the organization is registered in the Marshall Islands, which is already doubtful, since Safe-holdings.com operates in Great Britain. Offshore states are popular with deceivers due to the lack of legislation and control.
Also, this country does not have the authority to operate in Forex.
In addition, when we tried to find the physical address, information about the owners and management of Safe Holdings, we could not find anything.
This already shows that Safe-holdings.com is an illegal broker, cooperation with which can result in large financial losses.
Lack of information about the owners of Safe Holdings
After analyzing the website, our experts were unable to find any truthful information about the management of Safe Holdings. No address, no phone numbers or other means of contact.
Most likely, this means that the directors are trying to hide their identities in order to elude responsibility for their crimes. Even if you manage to identify one of the managers of Safe Holdings, then this will all end, and the actual leaders of the shadow company will remain at large with money.
Safe Holdings, official website - Safe-holdings.com, has existed for less than a month
The official website of Safe Holdings speaks of significant experience in operations in the Forex financial market.
The most common way to analyze any website is to get domain data. Basically, they contain the duration of the domain name, the contact information of the owner.
In our case, the Safe-holdings.com domain is valid for less than 30 days, and all data about the person who owns it is classified. Another proof that the organizers of Safe Holdings are trying to keep their incognito.
Such a desire can be understood, but not when it comes to a company that works as an intermediary between a trader and Forex.
In addition to this, Safe-holdings.com assure potential users that they have been working effectively in the Forex market for quite a long time.
Safe-holdings.com has no demo period
It is a common practice for online brokers to give their clients a demo version of their services so that they get acquainted with the interface, try their hand at operations in the Forex financial market with virtual currency.
Unfortunately, on the website of Safe Holdings, we did not find information about the demo period, the opportunity to try out the software.
Probably the director of Safe Holdings is most likely not going to give customers trial access to their software, as someone may begin to suspect something was wrong.
Online broker Safe Holdings operates with a negative balance
Official firms that operate in the Forex financial market do not use a negative account in their work. According to the law, the broker's client is not able to spend more now on the account. In cases where the balance still goes into negative territory, the debt must be repaid not by the trader, but by the organization that provided the services.
Because of this, registered online brokers do not use a negative balance in their activities.
And yet, Safe Holdings provides traders with trading with a negative balance, that is, on credit.
Why is it necessary?
In order to drive the trader into a minus and start extorting debt. This is one of the most commonly used scams used by financial bandits.
If this has already happened, you need to know that the scammers have no way to get money in accordance with the laws of Britain. All methods of pressure on you are illegal. The most that criminals are capable of is calling, sending out messages with demands.
It is impossible to cooperate with Safe-holdings.com, as all attempts to negotiate will result in new expenses.
Safe-holdings.com operate with a credit ratio of 1 to 400 or more
At this point, it becomes obvious that Safe Holdings is a scam. And yet, let's pay attention to one more nuance, namely the existence of too high leverage.
Leverage is the ratio of user funds and online brokers when concluding a transaction. This allows significant trading transactions to be carried out by users who do not have large funds freely available.
In order to protect customers in the Forex market, in developed countries, laws require the use of leverage with a maximum ratio of one to thirty, sometimes 50.
At the same time, Safe Holdings applies a credit leverage of one to four hundred for trading operations in the Forex market.
Such an attitude is allowed in Switzerland, as firms registered in this country enjoy high confidence. However, Safe Holdings is not registered in this country.
In fact, Safe Holdings is not authorized to trade in the Forex market with such leverage, due to the high risk to clients. Accordingly, this is used solely to force the trader to transfer more of his own finances, but also to drive in loans.
Regional branches of Safe Holdings
It is considered prestigious for any financial company to have local offices in developed regions, even if the work takes place exclusively in England. Therefore, Safe Holdings announces that in addition to a large number of awards, there are local offices in the UK, Australia and other civilized countries, and also about a large number of experienced workers.
Checking the availability of these representations is elementary. Since there are profile structures that control the work of online brokers. In England, this is FCA, and for example, Australia - ASIC.
Accordingly, the official company is obliged to have supporting papers from these or other organizations that will prove their ability to provide trading services on the Forex financial market, and determine the level of responsibility.
However, after checking the profile websites, we did not find them. This once again confirms the fears.
For registration on Safe-holdings.com, you must transfer confidential data
As we said before, Safe Holdings does not have a trial period, and therefore, in order to gain access, you must immediately pay the Safe Holdings bandits a minimum deposit. Also, it is possible to create a Safe-holdings.com personal account only after passing the identity verification.
This means that Safe Holdings requires its users to transfer data such as:
- Information about an individual (passport, birth certificate);
- Data on the permanent place of residence (payments for a communal apartment);
- Information about qualifications, length of service, place of work.
In addition, during the first transfer, criminals can gain access to bank account information.
Together, this information can allow fraudsters to issue a loan to a trusting client, or to carry out other criminal operations.
Since for registration on the Safe-holdings.com website, it is necessary to transfer personal information, our specialists did not get access to the Safe Holdings personal account, as well as applications for making money on the Forex market.
Real reviews about Safe Holdings
An important point of exposure of Safe Holdings is the analysis of feedback from customers.
Analysis of the search results on the Internet gave the following information:
- Much of the Safe Holdings reviews on the internet are fake. These are template positive reviews and mentions of a custom type;
- All true reviews and comments about Safe Holdings are bad. Our employees could not find true references and comments from former users of Safe-holdings.com, which report good earnings, productive work.
- Negative mentions and comments are associated with criminal acts, theft of money, artificial creation of debt.
In accordance with this, real reviews of Safe Holdings indicate that this online broker is a scammer.
Contact information and papers Safe Holdings
While analyzing the information on Safe-holdings.com, we found a lot of dubious digital official papers that can be easily done with the help of a graphic editor. They are not confirmed by official companies, which means they cannot be trusted.
If an Internet broker is not associated with regulatory companies, then 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 broker. There are also many reviews on the web about fraudulent activities associated with the phone number listed on Safe-holdings.com.
Withdrawing money from Safe-holdings.com
Are you going to make money with the help of the Forex market online broker? Make sure you can take money from him.
Having studied the client agreement on the Safe Holdings official website, we did not find any information available on the withdrawal methods. Also, our employees found a mention of fees for account inactivity, but there was no data about the size. Since the bandits do not operate in the legal field, it will not be possible to cancel these requisitions.
Because of this, even if the trader has ended cooperation with Safe Holdings, they may begin to disturb with calls and write letters demanding payment of a fine.
How does Safe Holdings operate?
Arouses suspicions and a way to find new customers, which uses Safe Holdings.
For promotion, fake social media accounts are used, in which fake people talk about how they quickly managed to get rich by earning on Forex through Safe Holdings. Ad accounts expose expensive cars and real estate, trips to resorts, and other manifestations of a prosperous life.
Non-existent people guarantee quick earnings, for which you do not need to study or make a lot of effort.
When a user gets in touch with scammers, Safe Holdings employees talk about the possibility of making quick money, and also about some unique features of their services that will make it possible to instantly withdraw a solid income.
After that, all sorts of tricks are used that make it possible to get the maximum amount of funds from the trader. For example, a user can create fake profits in order to provoke the transfer of even more funds.
When trading on the Forex financial market becomes negative, a personal manager will recommend investing more in order to cover losses.
Safe Holdings managers work according to scripts that were developed by qualified psychologists. Scammers study information about the trader in order to influence weaknesses and get more finance.
In any case, it all comes down to one of two ends:
- If you are going to withdraw money before you find yourself in the red, you will be charged fees, forbidden to use the balance, and will do everything to force you to transfer more;
- If you allow the scammers to drive the account into a minus, threats will go, the bandits will start extorting to pay a fictitious debt.
An additional way to make a profit for Safe Holdings can be the sale of your personal data to third-party companies. Probably, after that, it will really be possible to buy detailed information about you for a modest amount of money on some anonymous telegram channel on the darknet.
Most likely, because of this, all sorts of bandits, managers, etc. will begin to write to you more often. We should also wait for messages from Safe Holdings colleagues who will offer a “return” of lost finances, of course for a fee.
Since Safe Holdings does not operate in the official field and keeps incognito, they cannot be forced to answer under the current legislation in England. The owners of the criminal organization are carefully hiding and, at best, the police will be able to catch one of the "managers".
Can I work with Safe Holdings?
In no case!
If you plan to give finances to bandits, then it is better to transfer them to charity.
Let's briefly list the evidence that Safe Holdings are criminals:
- Lack of official registration;
- Lack of demo term;
- Lack of information about the owners of the organization;
- The phone was found to be fraudulent;
- Negative balance;
- Leverage over 1 to 50;
- Bad reviews;
- False information on the official website.
This completes the review of Safe Holdings. It is clear that Safe Holdings are scammers.