Up
Rating
Forex Broker
0
Brokers
0
Reviews

Equity Flow: waste of money

After taking a closer look at the Equity Flow's website, it becomes crystal clear why there are so many negative reviews about it in the network. This broker is a typical scammer similar to Tor Trade whose fraudulent scheme we have discussed earlier. Equity Flow also offers allegedly successful trading with the help of artificial intelligence program and gives empty promises of quick and easy earnings even if a trader knows nothing about trading strategies, fundamental and technical analysis.

Its website has a typical header with stereotypical and cliched motivating phrases. Moreover, it dazzles a visitor with so-called benefits that are phony and placed only for the clients' attraction.

Furthermore, the broker is quite proud of its own "advanced" advising program – EFA (Equity Flow Algorithm). As stated on the website, it combines the best features of analytical robots and professional traders. Remarkably, only a few financial companies have the right to use EFA. Apparently, the representatives of Equity Flow decided that the advertising of this magical algorithm would be enough to lure the flow of traders who were craving for easy earning without making much effort.

Nevertheless, we have to disappoint those who believe in such nonsense. There is no magical algorithm, programs, or software that will make winning decisions for a trader. Well, at least nowadays. However, you will definitely lose your deposit because that is what generally happens. See feedback below.

Cera 12/07/2019, 13:38
EquityFlow is a scam. When I asked for my funds' withdrawal, they started making threats and insults, zeroing my balance. Thus, I’ve lost my money. Unfortunately, my first trading experience was not a success.

Profi, June 29, 2019, 14:54
It is a con!

Svetlana 18/07/2019, 13:28
I had also lost my deposit before its withdrawal ((( The total amount was almost €1000. What a dodgy enterprise!

Anastasia 25/07/2019, 14:56
I’m shocked! My account was also cleaned when I became suspicious of my trader and asked to return at least half of my money. Now I have no idea what to do. Do not repeat my mistakes! Equityflow is a scam!

How does Equity Flow trick traders?

This broker has many ways of fooling its clients out of their money. For instance, many people have been deceived by the brokers' trading advisers as well as its platform. Generally, traders lured by the promises of quick earnings make deposits, and indeed trading goes quite well. However, when traders want to withdraw their money, all of a sudden all positions become losing.

If a client decides to quit cooperation with EquityFlow, the EFA robot which was mentioned above can also zero the client’s account.

Then, the client sees that the account has a minus balance. Representatives of the fraudulent organization start asking about interest and warn the client about the need to repay it with real money. Otherwise, they threat to turn to debt collectors for help.

The majority of money transfers is made by fake cryptocurrency wallets automatically sending cash in the pockets of Equity Flow. What is more, additional fees and all kinds of commissions are requested.

Conclusion

Equity Flow is another scam broker whose activity is aimed at finding gullible people for the money deception. It has nothing to do with trading. There is only one outcome: the loss of the deposit. Before starting cooperation with a broker, carefully study its operating history, pay attention to its experience, read the reviews, and make sure that it is not in the blacklist. Be careful! Don't throw your money away!

The opinion of the review`s author is private and not obligated to reflect the position of the resource. If you have any remarks and suggestions on new articles please contact us via this form.
Author: Zerrondo | Date 2019-09-16
Equity only wants clients whom they can easily deceive. Once you show a hint of suspicion against the broker, they will start to mess up with your platform and make your trading activities a disaster. After reading many negative feedback online, I asked one of their representatives regarding it. As a client, I was looking for reassurance. However, what I got were a troublesome trading platform and unresponsive customer support. Long story short, I lost all of my fund.
0
0
Author: Sanji | Date 2019-09-10
I am an inexperienced trader and Equity Flow is my first broker ever. I admit that I was naive and I believed all the lies they told me especially the guaranteed winning trades and returns. However, it isn't what happened after depositing my initial capital and starting my trading activities. I used the robot but it threw away my fund. And like what was written on this article, I had a negative balance on my account which they made me pay for. I deposited $224 and closed my account. And now, I realize how foolish I was for believing them.
0
0
Show more

Add comment
Text:
Brokers Reviews

RECOMMENDED FOREX BROKER
FOREX BROKER №1 IN EUROPE
30% bonus for EACH deposit
Leverage 1:1000

Forex charts and quotes





Special offers
Start trading with
no risks and investments
With new Start-Up Bonus of $1000
Get bonus
55%
from InstaForex
on every deposit
Earn up to
$50000
for inviting friends to get StartUp Bonus from InstaForex
No investments required!