Voytegon broker: deception, fraud and lack of connection with forex.
Voytegon is an ordinary online broker with tarnished fame. Let's try to understand why this broker has a dubious reputation after studying the specifics of its activities and understand: do I need to transfer time to it?
The website and employees of the organization report that the broker provides various programs that are used for Forex trading. In fact, our representatives were unable to access them even in trial mode. This is already alarming, and accordingly we strongly advise you to avoid Voytegon, a Forex trader, in order not to get into trouble.
Voytegon - scammers?
The investigation should begin with the study of information from open sources that are on the company's website. For the convenience of readers, we will present it in a more accessible form.
The official address of Voytegon is Majuro Marshall Islands MH 96960, Trust Company Complex Ajeltake Road Ajeltake Island. In fact, the company is a subsidiary of a company that seems to be registered in the Marshall Islands.
No one is able to vouch for the veracity of the information. Nevertheless, it is very difficult to find an organization in this territory. And yet, you can find a broker on official websites that collect information about offices in offshore territories.
Of course, no information about Voytegon was found. There is not even an organization with a similar name. Because of this, our employees were unable to find any mention of the owner of the company. So it's safe to say that Voytegon is lying to users and withholding information. The lack of data on the manual is a reliable proof of Voytegon's illegal work.
And even if the registration data were present, this is not enough. The Marshall Islands do not have the necessary competencies to control and work in the Forex market.
After all, offshore companies attract criminals by lack of control. So even finding an office in the lists does not give confidence in its reliability. It is impossible to follow the laws if there are none.
Voytegon balance - how to withdraw, top up?
On the Voytegon website, you can find many ways to top up your balance, as well as at official enterprises. We were unable to verify the investment method due to KYC and AML. Nevertheless, citizens invest money in order to earn. This means that our employees are interested in the method of withdrawal of funds. Unfortunately, Voytegon will not allow you to get your currency back.
In addition, experienced criminals manipulate citizens so that they replenish their account as often as possible.
The principles of working with the broker are described very poorly, but in the frequently asked questions section our specialists were able to find important data. Voytegon allows itself to withdraw money for the absence of activity for more than 90 days. The amount of the fine is not indicated. Thanks to this, Voytegon will remove illegal fees from you, which cannot be protested.
In addition, the client simply has no one to turn to for help.
Voytegon has a negative balance.
Compliance with the law is an extremely serious issue that we are constantly talking about. The presence of official control guarantees that organizations will diligently fulfill their obligations and their clients' finances will not suffer. Also, all registered companies are obliged to protect their users from ruin. To do this, regulators in England and the European Union oblige the company to give protection from the negative balance. This does not allow the client to spend more money than there is in his account. In the event that the balance still goes to a negative value, then the organization offering services should return it to zero.
Voytegon is an online Forex broker that makes it possible to work with a negative balance. As a rule, this is used to ensure that the client spends as much money as possible patching up the hole in the balance. Voytegon is a scam that spends traders' funds, and then demands to repay the debt using methods of psychoemotional violence. If this has already happened to your relatives or to you, remember - you can not make concessions. No matter how they threaten, the criminals are not able to cause physical harm. Scammers have no legitimate ways to take your investment.
Voytegon are criminals, not an honest trader with increased risk. This is evidenced by the lack of registration and official papers. Therefore, the funds of Voytegon users will not be protected.
Voytegon Reviews from Victims
Before investing currency in a dubious firm, analyze what people who have already had experience interacting with it write.
After reading special websites, media and social networks, our employees found a small number of reviews. Absolutely all positive comments have a clearly customized look, but the bad ones are similar to the real ones. Therefore, Voytegon is an unscrupulous stockbroker, deceiving its users. If you plan to invest currency, we do not recommend doing this.
Are you going to become another victim of fraud? No? In this case, analyze the enterprises and information about them, consult with knowledgeable stockbrokers and act only after that. There are a lot of crooks in the Forex market, and Voytegon is one of them.
Is it possible to try to cooperate with Voytegon? No!
Voytegon is a fraudster? Does the broker have official permissions?
Of course not. Before giving personal money to an enterprise, you need to test all the information about it. As a rule, pseudo-brokers are not controlled by legislation and have an illegal center dealing with management. In case of problems, they will not help the client.
It is impossible to file a complaint against the actions of the scammer to one of the controlling organizations
- FCA - Financial Regulation and Supervision Authority;
- CySEC - Cyprus Securities and Exchange Commission;
- ASIC - Australian Securities and Investments Commission.
Strong countries will not allow the existence of dishonest companies such as Voytegon. Therefore, we recommend reasonable citizens to stay away from unofficial companies, not to spend money on them.
Financial rules are not for criminals!
The presence of Voytegon offices in Australia and the UK also creates suspicions. Stockbrokers, in order to work in these states, are required to obtain permits from the relevant organizations:
- ASIC (Australia)
- FCA (England)
These papers are needed for official work on the Forex exchange. If they are not, the company faces a hefty fine, and the owners are liable under the law.
In order to check if Voytegon has papers, we will find the data on the Companies House (UK) website.
After a few hours, our employees failed to identify the online broker in the organization's lists. Accordingly, we have the right to say that Voytegon is a scam. At best, Voytegon does not hesitate to lie to their customers about offices and decoration.
Are you not going to become a victim? Research information about companies before you start cooperating with voytegon.com . Only brokers with a good reputation and a long period of activity are trustworthy.
We recommend cooperating only with legal organizations. Interaction with deposit protection funds allows licensed firms to guarantee the safety of stockbrokers' investments.
What is the result?
Documents posted on the website voytegon.com doubtful at best. It is difficult to understand whether these are digitized official documents or just an edited picture. In any case, they cannot be called official papers. The rights and obligations in the user agreement are unclear. There is no data on the actual date of the organization, data on the owners. This is used in order to avoid responsibility to customers and the law.
Voytegon is a fraudster who wants to be touched by a legal internet broker. This is just a divorce to lure investments out of ordinary traders. Similar organizations don't exist for a long time. When the number of negative reviews becomes too large, they will disappear, but only to return later under a new name and continue to rob people.
The size of Voytegon's leverage is another way to lure funds
And although it is obvious that Voytegon is a fraudster, let's consider another dubious point. On the company's website, you can find information about the possibility of trading on a financial one with a leverage of one to four hundred, and more. Nevertheless, from the point of view of legislation, this ratio is extremely dangerous. Therefore, it is not sanctioned in developed countries. Due to current restrictions, most official firms apply leverage up to 1 in thirty or one in fifty.
The exception to the rule is Switzerland, whose organizations are highly trusted. Because of this, it is Swiss stockbrokers who are chosen by experienced or risky citizens who are ready to take a risk.
Therefore, in order not to be deceived, you need to remember the current limits of leverage. If you see that an organization registered in Britain cannot trade on the Forex exchange with a leverage of more than one in thirty. In that case, if you are offered more, then most likely they plan to cheat. This scam works like this: a trader is forced to take a large debt and give the funds to criminals.
What software does Voytegon work with? Meta trader 4, 5
The Voytegon website has information that they offer the MetaTrader 5 and MetaTrader 4 platforms, which are already known to all brokers as effective tools for trading on the Forex exchange. Unfortunately, neither our employees nor ordinary stockbrokers were able to test the programs. The fact is that you can get the opportunity to work only by registering through KYC or AML. They are used to counteract the legalization of profits. That is, it is necessary to provide Voytegon with personal information, or rather:
- official paper confirming the registration of an individual
- official paper on the presence of a residence permit (payment for the payment of communal services);
- a document confirming qualifications and experience.
Since Voytegon exclusively seems to be a registered broker, it is not worth sending confidential data to it. Such organizations try to deceive law enforcement agencies and hide information about themselves. If confidential information gets into their clutches, then there is a serious possibility of their transfer to third-party organizations. In addition, it is possible to use personal information for criminal purposes.
Working with Voytegon using demo balance. Is it real?
Sometimes, even the lack of information allows you to understand a lot about the company. For example, Voytegon for some reason does not provide its customers with the opportunity to try programs or enable a demo account. By law, all official brokers are required to provide access to trial services so that the client can test their capabilities using virtual currency and then register on voytegon.com, send the currency to the balance. In the event that there are no test versions of the service, this is very suspicious. Our doubts about Voytegon are only being confirmed.
Some information about Meta Trader
Meta Trader 4 and Meta Trader 5 software is often found with legal brokers who operate in a legal field. This is the optimal choice for Forex trading.
Leading positions among the programs for the financial market, Meta Trader provided excellent tools for charts, tables, charts, a lot of indicators, advisors. In addition, you can use more than 10,000 different applications and developments from qualified programmers. But, of course, in order to use the software effectively, you need to spend time studying.
When was Voytegon registered?
The website contains information that the broker's activity has been going on for more than ten years. In addition, they provide high-quality services around the globe, and the employees are qualified traders.
We are also shown various thematic awards, broadcast about offices in Australia, England and New Zealand. Users are served by more than 10 thousand employees who work in regional offices or remotely from various corners of the earth. It sounds attractive, but our experts decided to check this information.
The initial stage of the review was the study of the Voytegon website. To do this, our specialists received information about domain name registration. It turned out that less than a month has passed since the registration.
The phone number listed on the official website. We study and make results.
After studying the data about the phone number on the Voytegon website, we found out that it was used by the Comax Invest broker. In addition, many cases of illegal actions are associated with it, as reported by negative reviews on the network. Of course, this information only reinforced our doubts. Scammers do not even try to hide, counting on inexperienced people.
Big profits with Voytegon? No!
Do you really believe that you can earn income by becoming a victim of scams?
However, Voytegon representatives guarantee significant income, instant earnings, in the shortest possible time. Such offers are extremely attractive, but it is with their help that the scammers lure ordinary citizens into their claws and steal their currency.
With the help of social networks, scammers make a large number of profiles that promote non-existent services. There are many Instagram pages showing us the "posh life": photos with luxury cars, information about successful deals, holidays at popular resorts, expensive purchases. They affect the envy of ordinary citizens who want the same life, push scammers into the network.
The purpose of the criminals is to get your phone number or another contact. Immediately after that, Voytegon employees will start writing and calling, guaranteeing huge profits, tempting them to transfer money to them immediately. The reasons for starting work can be different, for example: combinations of planets and stars, the Mayan calendar, etc.
Some citizens may believe that income will go soon. But Voytegon is a divorce. Scammers will embezzle your deposits and try to lure more. The divorce will stop only when the victim runs out of money, or the scammers decide to end it themselves. Voytegon will easily inform you that you need to transfer even more money to withdraw money, and they will stop only when they decide that there is nothing more to steal.
Voytegon fraud algorithm:
- A lot of advertising messages are created on social networks and websites. This is necessary to get as many leads from traders as possible;
- Having received an email and a phone number, Voytegon representatives start calling and spamming messages with promises of income in the shortest possible time;
- Scammers lure out credit card information, as if wanting to help with investing. You are not obligated to share this data with them. You should not give them personal information if you are not going to get into loans;
- Over time, criminals will do everything possible to ensure that you spend even more money. If you end trading in the negative, they will recommend closing the loss with new investments. In case of a successful transaction, they will recommend sending more money to the account in order to improve income;
- When the user tries to withdraw money, Voytegon employees will convince him to change his decision. Whenever possible, they will try to get the client to forward even more investments.
Is Voytegon really a Forex broker? Of course not. These are scammers who extort money from deceived traders under the guise of a regulated organization. Confidential data of Voytegon specialists are securely hidden so that law enforcement organizations cannot detect them. This allows you to deceive citizens without fear.
Results of our employees: Voytegon - fraud
Summing up the conclusions, let's try to list all the facts that indicate that Voytegon are criminals
- The company does not have registration even in a shadow state.
- At the time of publication of the analysis to the site of the non-broker, there are not even thirty days, respectively, all data about non-brokers is false.
- A fake broker does not have a permit to provide trading services.
- The non-broker does not have a regulatory body.
- The contact details of the scammers are fiction.
- The company's documentation does not have a legal basis.
- The existence of offices in Britain, New Zealand and Australia is a hoax.
- The broker's phone number is also attached to stock scammers and in addition with another online broker.
- Outraged reviews about Voytegon from former users.
- Do not allow you to create a trial account.
- Do not provide ways to test software without sending personal data.
- There is no protection against negative balance on the account.
- Illegal leverage ratio.
- Theft and further use of private information is possible.
- A fake broker charges a fine for the absence of transactions after the third month.
- Incessant moral violence on the part of employees of a shadow organization.
- There are no options to transfer finances if fraudsters decide that you will be able to invest more money.
Voytegon is a scam. Our experts are 100 percent convinced of this. Score from one to 10 - zero!
We have compiled a complete list of brokers that you cannot work with.