Nexus Llc, Free Trade Cfd, Smart Flow Ltd, Avan Trade, Bullbit Review

Who is:

Nexus Llc, Free Trade Cfd, Smart Flow Ltd, Avan Trade, Bullbit are websites that claim to offer online trading services such as forex, CFDs, cryptocurrencies, stocks, and commodities. However, these websites are not authorized by any regulatory authority and are operating illegally in Italy and other countries.

Regulation:

Consob is the Italian Commission for Companies and the Stock Exchange. It is responsible for regulating and supervising the financial markets in Italy. Consob has the power to order the black-out of websites that offer financial services without authorization or in violation of the law. Consob has recently ordered the black-out of 6 new websites that are Nexus Llc, Free Trade Cfd, Smart Flow Ltd, Avan Trade, Bullbit. These websites are not registered with Consob or any other regulatory authority and are therefore illegal and unsafe.

Location:

The websites of Nexus Llc, Free Trade Cfd, Smart Flow Ltd, Avan Trade, Bullbit do not provide any clear information about their location, ownership, or contact details. They use fake or misleading addresses and phone numbers to deceive their potential clients. Some of these websites claim to be based in offshore jurisdictions such as St. Vincent and the Grenadines or the Marshall Islands, which are known for their lax regulation and lack of transparency.

Services:

The websites of Nexus Llc, Free Trade Cfd, Smart Flow Ltd, Avan Trade, Bullbit offer various types of online trading services such as forex, CFDs, cryptocurrencies, stocks, and commodities. They claim to provide high returns, low spreads, fast execution, and advanced trading platforms. However, these claims are not backed by any evidence or verification. These websites are likely to manipulate the prices and execution of the trades to their advantage and the detriment of their clients.

Reviews:

The websites of Nexus Llc, Free Trade Cfd, Smart Flow Ltd, Avan Trade, Bullbit do not have any positive or credible reviews from their clients or independent sources. On the contrary, they have many negative reviews and complaints from their victims who have lost their money or have been scammed by these websites. These reviews and complaints can be found on various online forums and platforms such as Trustpilot, Forex Peace Army, or Scamwatcher.

Customer Service:

The websites of Nexus Llc, Free Trade Cfd, Smart Flow Ltd, Avan Trade, Bullbit do not provide any reliable or professional customer service to their clients. They either ignore their queries and requests or pressure them to deposit more money or to pay fees and taxes before withdrawing their funds. They also use aggressive and abusive language and tactics to intimidate and threaten their clients who want to close their accounts or report them to the authorities.

Securing Your Investments: Shielding Against Unscrupulous Brokers:

If you want to secure your investments and shield yourself against unscrupulous brokers like Nexus Llc, Free Trade Cfd, Smart Flow Ltd, Avan Trade, Bullbit, you should follow some basic rules and precautions:

– Always check the regulatory status and reputation of the broker before opening an account or depositing any money.

– Avoid brokers that are based in offshore jurisdictions or that do not provide clear information about their location, ownership or contact details.

– Do not trust brokers that promise unrealistic returns, low spreads or fast execution without any proof or verification.

– Do not fall for brokers that use fake or misleading testimonials or reviews from their clients or third parties.

– Do not accept any bonuses or incentives from brokers that have hidden terms and conditions or that require you to trade a certain volume or pay fees before withdrawing your funds.

– Do not give your personal or financial information to brokers that do not have a secure website or that ask you to use unregulated payment methods such as cryptocurrencies or wire transfers.

– Do not hesitate to report any suspicious or fraudulent activity from brokers to the relevant authorities such as Consob or your local police.

Conclusion:

Nexus Llc, Free Trade Cfd, Smart Flow Ltd, Avan Trade, Bullbit are illegal and unregulated websites that offer financial services without authorization or in violation of the law. Consob has ordered the black-out of these websites to protect investors from their scams and frauds. You should avoid these websites at all costs and follow the tips we have provided above to secure your investments and shield yourself against unscrupulous brokers.