Broker Copy Trade Review – It’s all a lie
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Broker Copy Trade(brokercopytrade.org) is supposedly an all in one brokerage that supports copy trading. In their narratives, they claim to support newbies in the field to earn consistent income through copying expert’s trades. Simply put, they are glorifying the idea of passive income with a twist.
There are no statistically significant number of online mentions and user feedback is pretty much non-existent. Also, the management is not active on LinkedIn and the entire thing mimics the operational structure of a sketchy entity. Read this detailed blog post till the end to know all of their shortcomings.
Broker Copy Trade Overview
Broker Copy Trade is trying to be the next big thing in the world of online trading. Copy trading is the main aspect they are focusing on and going by their narratives, it is likely that they are targeting only the rookies.
There are no third party audits of their platform shared, win rate is not tracked and the max draw downs are not revealed. Basically, unless you invest with them, there is no way of knowing the statistics.
Obviously, it is too risky of a venture to trust them blindly and that by itself is a big enough reason to avoid them.
Contact Details
There’s a lot of irony present when it comes to their contact information. On their platform, they have refused to share a phone number. Have you ever come across a reputable platform that doesn’t provide phone support?
Isn’t the fact that they are shady beyond obvious at this point?
- Email – support@brokercopytrade.com
- Address – Zeughausgasse 26, 3011 Bern, Switzerland
Broker Copy Trade: Scam or Legit?
Let there be no doubts whatsoever. Broker Copy Trade is a scam. First of all, they are not regulated by any of the notable names such as FTC, FCA or ASIC. Plus, there is no tangible proof to back up their claims.
Lastly, they don’t have enough user reviews present online which means the client base is likely to have lost money. Also, there is no FAQ section present on their platform.
Given everything, we detect high conflict of interest and the risk present is unjustifiable.
Conclusion
Copy trading isn’t the easy way to passive income like this entity portrays. Don’t get swayed by baseless claims, instead look for audited records and understand that everything carries risk.