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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: Ekanzo | Date 2020-07-02
Equity Flow marketed themselves as a reputable Forex broker with an amazing built-in trading assistant. Trading bots are usually purchased hence it is an edge for them. Sadly, it was only a scheme to attract clients. Once you got in, there would be no bot assisting you. You will do all the work and the customer support is not even responsive. Also, as expected, they would not allow any withdrawal. Good thing I only deposited the minimum amount required.
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Author: Kristin | Date 2020-06-24
I think the target market of Equity Flow is really the new traders. As beginners, we are still not very familiar with the normal trading system. I believed back then that the shakiness of the platform was normal and that my huge losses were really part of the process because I was only starting. But the losses were too high. I lost a hundred dollars in a week for trading the smallest lot size. As it turned out, the broker was manipulating my trades all along.
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Author: Venuz | Date 2020-06-17
My poor brother have been deceived by this horrible broker. Equity Flow boasted about their supposed trading AI which is programmed to help in the trading activities of their clients. My brother, who is a newbie, was amazed by this idea. He thought that he had something to rely on while he does his trades. However, the AI turned out to be useless. It does not do anything else except for giving market news which could be access even without the AI. Now, not only was my brother left clueless on what to do, the company also never released their client's money.
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Author: Jyoti | Date 2020-06-10
When a representative from Equity Flow contacted me, I told her that I am not interested because I don't know enough about Forex trading but she insisted and told me that they have a programmed trading assistant which is really meant to help novices. She made a few more call still trying to persuade me. Because of that, I checked their website and looked for what their clients have to say about them. As it turns out, this broker is a fraud and many clients complained about not getting their money back.
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Author: Hannah | Date 2020-06-03
My biggest regret is ever making business with Equity Flow. I invested more than a thousand dollars on this broker but all of it was gone just like that. I wasn't even able to make a decent trading activity because the broker's platform was already faulty from the beginning. The demo account was nothing like this. When I demanded for the withdrawal of my money, they suspended my account and I never heard from them again.
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Author: Doros | Date 2020-05-27
Traders with little to no experience like myself would not know that Equity Flow was a fraud. I don't have enough knowledge to be alarmed by even the slightest oddity because I won't even see it as odd. Now, Equity Flow had decent offers. As a beginner, their low minimum capital is a huge convenience that is why I opened an account with them. Sadly, my first trading experience was a fail. I ended up with a broker that took even my small capital.
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Author: Marife | Date 2020-05-21
I expected a lot from the trading assistant that Equity Flow is supposed to provide. Yes, there is an assistant included in the platform but it doesn't do anything. It was basically an instrument to lure clients in. It was their tactic to attract clients who will deposit and whose money they would take. Equity Flow is a fraud broker and I wasted my time and effort on this horrible company.
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Author: Tobias | Date 2020-05-08
Equity Flow had a number of promises that are not true. They promised a great working environment, transparency, and low trading cost but once you start your live account and after depositing your capital, you would know that everything was a lie. They promised that their traders would have a great trading experience but it was the opposite because their trading platform was terrible. This is one of their ways of taking their clients' funds.
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Author: Skampardoni | Date 2020-04-29
The AI program which they claimed to work runs like the usual trading bots that we see as advertised. When a broker offers their own trading assistant, it would definitely pique the interest of the clients. This means less expense for a bot since it is already provided by the broker. However, this is simply a trick to lure clients in. The program does not really work. On top of that, this broker is not going to release the money you deposited as well. Simply put, this is a fraud broker that used a tool to attract clients.
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Author: Alphonsus | Date 2020-04-22
I learned about Equity Flow through a forum that I am participating in. I am quite active at this forum website discussing with other traders. I had a problem with my previous broker and decided to seek help from the other forum members. One of the members contacted me and introduced me to Equity Flow. She said that she has been trading at this broker for a long time already and that her experience is great. She gave me a few snippets of her trading history and it is impressive. I decided to start and account there and deposited $500. After that, the forum member has already deactivated her account and I lost my investment to this broker. They did not allow withdrawals at all.
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