ICM212 Review
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ICM212 Review: A Forex and CFD Scam Broker
The recently established brokerage firm, according to ICM212 is a place where you can trade forex and CFDs or contracts for difference for both retail and institutional clients anywhere in this world. Despite its claims, there are several concerns, including scam complaints, negative reviews, and lack of regulation, which raise doubts about its legitimacy. This review discusses the primary issues with ICM212, including the risks.
Website-https://ICM212.com/
Negative ICM212 Reviews and Negative Scam Reports
- Dissatisfied Investors: Several investors have expressed mass dissatisfaction with ICM212, notably:
- Withdrawal delays: Customers complain about delayed or elaborately put-off withdrawal requests.
- Malicious customer service: Most traders have reported inactive or unhelpful support teams.
- Surprise charges: Unadvertised charges and levies on account balances with no notice.
Website Not Working
ICM212 has also been reported as suspicious by several sources. There have been complaints regarding the inability to withdraw money and non-responsiveness of customer support. Also, the website has been detected as suspicious because of fraud activities and possible malware existence.
Legal Action and Lack of Regulation
- No regulation by any legitimate financial authority is present for ICM212, thus raising the risk of fraud.
- There are no legitimate financial registration or licensing documents for ICM212.
- Investors have filed complaints and legal complaints against ICM212 due to unethical business practices.
ICM212: Is It a Scam or Legit?
Due to the prevalence of negative reviews, scam reports, and regulatory problems, ICM212 appears to be an unsafe and unreliable broker. Investors are strongly advised to be highly cautious before using the platform. For the protection of funds, traders should consider the following:
How to Protect Yourself from Scam Brokers
- Examine the Broker’s Ease of Registration: This is a good way to judge their dependability.
- Read independent views: Look for genuine third-party views before investing.
- Be cautious of unrealistic returns promises: If a broker offers high returns with no risk, then it is a scam.
- Test withdrawal processes: Withdraw small amounts before investing large amounts to check the credibility of the broker.
FAQs
1. Is ICM212 regulated?
No, ICM212 is not regulated by any popular financial authority, therefore it is a high-risk broker.
2. Can I withdraw my money from ICM212?
There have been complaints about delays in withdrawals and some users even being deprived of the opportunity to withdraw their money.
3. Are there legal actions against ICM212?
There have been complaints and disputes filed against ICM212 for conducting fake operations.
4. Should I invest in ICM212?
Due to the several reports of scam and regulatory issues, it is highly recommended against investing with ICM212 and instead going for a regulated and reputable broker.
Take Actions Today!
If you have fallen victim to brokers such as ICM212, do not fear to contact the experts. For crypto fraud and scam victims, CryptoScam offers recovery and investigations. To reclaim your lost funds, go to cryptoscams.com.au today.
Read the scam broker reviews below as well to protect yourself from con artists.
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