RatingFX: independent rating of Forex brokersEquity Flow: waste of moneyAfter 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. 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.
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Equity Flow reached out to me through phone call. Its services were impressive and the trading AI was quite enticing. Because of that, I opened an account and deposited $200. But then the broker asked for at least $1000 more deposit before I can have access to the AI. I deposited the amount to the company but after that, my account was disabled.
I was very excited when my account manager told me that I will be given a trading AI to help me with my trading activities. He then told me to add at least $1000 so that the AI could be given to me instantly. I believed this and deposited the money, but I never received any bot. On the following day, my account was already terminated.
I believed that with the right algorithm and carefully developed software, it is possible to earn impressively. This is what Equity Flow promised but it was never true. I had an account with them and I invested a huge amount but it was only taken away.
Equity Flow was supposed to provide a trading AI that would help traders with the trading activities. I opened an account at this broker hoping to receive this kind of service, but I was never given any AI. My initial deposit was $500 and none of it was returned to me.
Equity flow was a terrible broker. Well, I shouldn't be calling it a broker because it is nothing but a fraud. They tricked me and made me deposit a huge amount of money. In the end, I just lost everything. Right after making the deposit, I was cut off by the company.
After a month of investing at Equity Flow, the platform started to crash all the time. I was not able to make any trade anymore because of the technical issue, yet I still ended up losing money on my account. I asked the company about the losses but the only thing they did was terminate my account.
Perhaps the employees of Equity Flow were so happy when they were able to easily convince me to open an account with them. I remember all the assurance that the representative told me before I registered. I was expecting a profitable experience but the only thing that happened was that I lost my money.
I had a trading robot which assisted me in my trading activities (or so I thought). I was having desirable results when I traded at Equity Flow. Their promise was true. But then when I tried to withdraw the profits, my account was suspended and it was never returned again.
I should have just listened to my friend when he told me that I should not hastily invest money on a company that offers unrealistic conditions. But because I wanted to earn money so badly, I still registered at Equity Flow and ended up losing $1000.
I was convinced to open an account at Equity Flow because of their promised trading assistant. But then after having an account, I was never provided any AI or bot that could help me with my trades. Also, ever since I had an account, the customer support no longer replies to my messages. And as you may have expected, I was never able to get my money back even after closing my account.
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