Equitiz Review
Beware Investors Equitiz – Regarding fraudulent or manipulative practices (insider dealing, market manipulation, misrepresentation of material information, etc.)
Who is Equitiz:
Equitiz is a website that claims to provide access to various financial markets, such as forex, stocks, commodities, and cryptocurrencies. The website does not disclose the name of the company behind Equitiz, nor its registration number, address, or contact details. The only way to reach Equitiz is through an online form or a phone number.
Regulation:
Equitiz is not regulated by any reputable authority. On the contrary, it has been warned by the Financial Conduct Authority (FCA) in the UK, the Swiss Financial Market Supervisory Authority (FINMA) in Switzerland, and the Comisión Nacional del Mercado de Valores (CNMV) in Spain. These regulators have stated that Equitiz may be providing financial services or products without their authorization and that it may be involved in fraudulent activities.
Location:
Equitiz does not reveal its location or jurisdiction. The website is available in several languages, but it does not specify where it operates from. The phone number provided by Equitiz has a UK country code, but this does not mean that Equitiz is based in the UK or that it complies with UK laws.
Services:
Equitiz claims to offer a variety of trading services, such as a web-based platform, a mobile app, educational resources, market analysis, and customer support. However, these services are not verified or trustworthy. Equitiz does not provide any information about its trading conditions, fees, spreads, leverage, or execution. Equitiz also does not offer any protection for its clients’ funds or data.
Reviews:
Equitiz has very few reviews online, and most of them are negative. Many users have reported that Equitiz is a scam that refuses to process withdrawals, manipulates prices, closes accounts without notice, and harasses customers with phone calls. There are also complaints about Equitiz’s aggressive marketing tactics and false promises.
Customer Service:
Equitiz does not have a reliable customer service. The only way to contact Equitiz is through an online form or a phone number that may not be answered or may be used to pressure customers into depositing more money. Equitiz does not have any social media accounts or other channels of communication.
Securing Your Investments Against Unscrupulous Brokers:
If you are looking for a legitimate online trading platform, you should avoid Equitiz and other unregulated firms that may be scams. You should always check the regulatory status of any broker you are considering and make sure they have a license from a reputable authority. You should also read the terms and conditions of any service you are signing up for and understand the risks involved. You should never invest more than you can afford to lose and always withdraw your profits regularly.
Conclusion:
Equitiz is a dubious online trading platform that has received warnings from several regulators as a potential scam. You should avoid dealing with this firm and beware of potential frauds. If you are looking for a safe and reliable online trading platform, you should choose a regulated and reputable broker that offers transparent and fair services.
