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
Profi, June 29, 2019, 14:54
Svetlana 18/07/2019, 13:28
Anastasia 25/07/2019, 14:56
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.
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!
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