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/10

Boloni Createt Fx Co Ltd

United Kingdom|2-5 years|
White label MT5|Regional Brokers|Suspicious Overrun|High potential risk|

http://bolonitech.info/en/index

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

1
Server Name
BoloniCreatetFx-Server MT5
Server Location Hong Kong

Contact

info@bolonitech.info
http://bolonitech.info/en/index

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Boloni Createt Fx Co Ltd

Company Abbreviation

Boloni Createt Fx Co Ltd

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2024-05-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The United StatesNFA regulation (license number: 0549546) claimed by this broker is suspected to be clone. Please be aware of the risk!

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Boloni Createt Fx Co Ltd · Company Summary

Aspect Information
Company Name Boloni Createt Fx Co Ltd
Website http://bolonitech.info/en/index
Registered Country/Area United Kingdom
Founded Year 1-2 years
Regulation Unregulated by any major authority
Customer Support Email: support@bolofx.com, info@wintercoltdd.com
Deposit & Withdrawal Not specified
Educational Resources Not specified

Overview of Boloni Createt Fx Co Ltd

Boloni Createt Fx Co Ltd is an online trading broker owned by Boloni Createt Fx Co Ltd. The company is located at United Kingdom. It is essential to exercise caution and conduct deep research before engaging with any online trading platform, including Boloni Createt Fx Co Ltd. To help you make an educated decision, consider checking out our in-depth reviews of two other companies we have recently examined: TrustBanc Group and Insun Forex.

Is Boloni Createt Fx Co Ltd Legit or a Scam?

When researching an online broker, the first and most important step should always be to find out if they have a regulatory license from a financial institution. This will tell you whether they are regulated by a central authority or if you are dealing with an offshore and/or unregulated investment company.

When a broker is unregulated or regulated by an entity outside of your jurisdiction, you have limited to no legal recourse in the event that your funds are compromised. In an event of theft, complaints can only be made if that broker is licensed by the regulator in your jurisdiction.

regulation

Pros and Cons

Boloni Createt Fx Co Ltd is an online trading broker based in China. However, there are concerning aspects about its legitimacy and trustworthiness. The company is unregulated and lacks important details about its services. Negative user feedback raises doubts about its reliability and customer service. Caution is advised when considering this broker for trading.

pros
Pros Cons
No pros mentioned in the provided information Unregulated and not authorized by any major regulatory authority
No information on the minimum deposit or maximum leverage
No information on spreads, trading platforms, or tradable assets
No information on different account types or demo account
Negative user feedback indicating dissatisfaction with the broker

Traders Opinion

Safeguarding oneself from fraudulent entities online necessitates conducting comprehensive due diligence on companies and entities before transferring funds. It is prudent to seek out feedback and opinions from fellow traders who have firsthand experience with Boloni Createt Fx Co Ltd. Analyzing such reviews is instrumental in assessing the broker's reliability, functionality of the platform, and the overall trading experience.

Upon conducting research across various social media platforms (Facebook, Twitter, Instagram), as well as online trading forums, a consistent pattern of dissatisfaction among users with regards to their experiences with Boloni Createt Fx Co Ltd has emerged. The accumulation of user feedback suggests that Boloni Createt Fx Co Ltd may not be a reputable broker, demanding utmost caution before engaging with their brokerage services. Potential investors are strongly advised to exercise prudence and careful consideration when contemplating investments through this particular platform.

How To Withdraw From Boloni Createt Fx Co Ltd?

In the event that you encounter difficulties withdrawing funds from your Boloni Createt Fx Co Ltd account, it is advisable to proactively contact the company and request a withdrawal using all available channels. This way, you can maintain evidence to present to relevant authorities should the need arise, especially considering the broker's lack of regulation or authorization by major regulatory bodies. Due to this absence of regulatory oversight, withdrawing from Boloni Createt Fx Co Ltd may become a challenging process if they choose to disregard your request or suspend your account for seemingly minor reasons. It is crucial to exercise caution and avoid brokers that are unlicensed or regulated outside your jurisdiction, as this can further complicate the withdrawal process and potentially pose risks to your invested funds.

How Online Trading Scams Work?

A common online trading scam involves showing profitable trades initially to lure investors into believing in easy money. Once the investor is hooked, they are encouraged to invest more money for higher returns, and incentives may be offered to bring in more investors.

However, after extracting funds from the investor and their network, the brokerage may suspend the account, blocking access to the invested funds. Fraudulent firms may even claim to be regulated, using fake licenses and addresses to gain credibility. Always verify information from multiple sources and remain vigilant when investing in trading platforms.

risk-warning

Customer Support

To contact Boloni Createt Fx Co Ltd, their support team can be reached by email at support@bolofx.com info@wintercoltdd.com.

Their website can be found at : bolowold.com bolotrader.com bolonitech.info bolofx.com wintercoltdd.com.

Conclusion

In conclusion, Boloni Createt Fx Co Ltd, an online trading broker based in China, lacks regulation and vital information, posing potential risks. Negative user feedback indicates reliability concerns. Conducting due diligence and seeking feedback from experienced traders are essential advantages for making informed decisions. Caution is advised when considering this broker.

FAQs

Q: Is Boloni Createt Fx Co Ltd regulated?

A: No, Boloni Createt Fx Co Ltd is not regulated by any major financial authority.

Q: What are the potential risks of trading with an unregulated broker like Boloni Createt Fx Co Ltd?

A: Trading with an unregulated broker may expose you to higher risks as they lack oversight and may not adhere to strict financial standards.

Q: Are there any advantages to trading with Boloni Createt Fx Co Ltd?

A: While specific advantages are not mentioned, conducting thorough research and seeking feedback from experienced traders can help you make informed decisions.

Q: What should I consider before investing with Boloni Createt Fx Co Ltd?

A: Before investing, carefully assess the potential risks, lack of regulation, and negative user feedback associated with the broker.

Q: Does Boloni Createt Fx Co Ltd offer a demo account?

A: The information does not specify if the broker provides a demo account for practice trading.

Q: How can I contact Boloni Createt Fx Co Ltd's customer support?

A: You can reach Boloni Createt Fx Co Ltd's customer support via phone or email, as provided in the information.

User Reviews

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Nelsonon
more than one year
Had a decent experience with Boloni Createt Fx Co Ltd. The platform is user-friendly, and I appreciate the variety of assets available. Customer support is responsive, and the demo account is a nice touch. However, they could be more transparent about regulations.
2023-12-08 18:36
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