When choosing a broker for long-term cooperation, a market player may stumble upon a Tickmill scammer. He pretends to be a bona fide company that provides brokerage services and brings transactions to the interbank market. In fact, the office does not carry out trading operations, fooling the heads of gullible investors. It takes away all the invested capital, stimulating the trader for a new replenishment. Familiarization with the fraudulent scheme will help the reader avoid gross mistakes when choosing a company.
The exchange intermediary talks about its global presence in international markets. It promises to provide premium products and services. The trader is guaranteed absolute transparency and new technologies. With the help of innovative systems, the office allegedly provides high data transfer speeds and clear quotes. In fact, the trader receives fake prices, which change depending on the mood of the pseudo-broker.
The company talks about several advantages that can attract a potential client:
Tickmill describes itself as a well-known brand that is authorized and regulated by the UK Financial Conduct Authority. The firm talks about its leadership, long track record and high financial results. She talks about her mission, which is to provide an exceptional trading environment for beginners and professional traders. The audit showed that all these high-profile statements are fiction. The office hides behind trading activities, while in fact it steals other people’s funds.
Tickmill has developed several tariff plans for potential customers:
The company guarantees a quick withdrawal of orders to the interbank platform. If a person classifies himself as a professional trader, he can work on unique terms. He must make at least 10 transactions per quarter throughout the year. Such clients can count on higher leverage and personal support from a professional manager.
Tickmill provides access to educational materials that help you reach a new professional level. A trader can receive video tutorials and get acquainted with the basic information about the global market. The exchange intermediary website provides a glossary to help define key terms. The Forex calculator allows you to quickly calculate the potential profit and associated risks. The market player will use the signals to be alerted to potentially profitable entry points. Brand specialists have developed an educational center that all registered customers can visit.
The exchange player gets at his disposal the popular Metatrader 4 and 5 systems. These programs have numerous analytical tools that allow you to carefully study global markets. A trader can use advisors to automate his daily activities. It is provided with numerous graphs and diagrams. With the help of graphical tools, you can quickly assess the current situation.
The brokerage company has developed its own application for mobile phones. This system allows you to stay up to date with the latest news and make deals from anywhere in the world. The market player is promised a user-friendly interface and a high speed of information transfer, but the office does not describe the functionality of its terminal. It publishes only general information about the program, without delving into the nuances of its use.
Among the advantages, clients note a low spread, but in the evening its value increases significantly. A market player talks about how he funded his account through cryptocurrency, but over time, problems began. The project staff have been solving the issue of a refund for more than two weeks. They use the standard divorce scheme, refusing withdrawal in a variety of ways.
Market players talk about the numerous flaws in the Tickmill project. Reviews point to an unscrupulous broker who refuses to pay earnings. After receiving bonus funds, a person received a small profit and tried to withdraw it. Representatives of the SCAM project are trying to persuade his new addition, promising to withdraw.
This scam successfully creates the illusion of market trading. In the beginning, cooperation goes perfectly well. Execution is good, spreads are quite tight. Difficulties arise after doubling the initial capital. The office reduces the leverage and disables the trading system. In the end, the scammer blocks the wallet and takes all the money.
Practicing traders have repeatedly reported the criminal fraud of this project. They complain about widening spreads, refusal of payments and blocking of accounts. The market player cannot resist Tickmill’s criminal activities. Fraudsters claim to be regulated, but in fact they are not controlled by anyone. Most likely, it will not be possible to restore justice in a judicial proceeding.
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