ContaboTraders Review: Contabotraders.com A Deceitful Broker

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ContaboTraders Review
  • Fund Safety
  • Customer Support
  • Contact Details
  • Regulation
0.5

Summary

ContaboTraders does not reveal to its customers what the minimum investment amount is. However, when you contact them for the same information, they will mislead you into making massive deposits for no reason.

ContaboTraders is an online trading platform that provides forex, cryptocurrencies, and other investment services. They claim to have more than five years of experience in the market. You should expect some sort of incredible experience from the company. They also brag about doing extensive research and guarantee robust methods in attaining profit.

ContaboTraders Review, ContaboTraders Company

However, before investing, you should consider several factors. Hence as you read this impartial review on ContaboTraders, you might end up considering your investment decisions with the entity. The company exposes numerous red flags that should be an immediate warning not to invest a single coin in the entity.

Meanwhile, these forex trading companies apply tried and tested strategies. You can earn sensible returns through the methods they apply, unlike ContaboTraders, which only seems to be after your funds. Accordingly, news spreads fast, and its traffic does not meet any world rankings. The company aims to provide a walk-in-the-spark investment, yet the methods showcase otherwise. Also, at first glance on their website, you immediately begin to question any of the services it promises.

ContaboTraders looks forward to providing trading services to all sorts of traders. Hence as a beginner, you should expect to find helpful educational materials. The company does not showcase any video tutorials or web enough to assist novice investors in grasping more knowledge of how the market operates. Even so, investing without proper knowledge and understanding of the market is inadvisable.

Contabotraders.com Review

Contabotraders.com brags of top world rankings in the market for its  “incredible services.” Accordingly, news spreads fast thanks to the internet. So traffic the company ought to have should speak for the numbers. However, ContaboTraders has a terrible reputation across the market and negative reviews. The company has nothing to show for the five years they claim to be in the market.

Additionally, ContaboTraders grants the use of modern technology to attain massive returns. Nevertheless, as much as the automatic investment is preferable to humans. You should be cautious not to purchase the wrong tools as they will only attract negative returns. Scammers also tend to guarantee state-of-the-art technology, and once you rely on them, the results will be shocking.

ContaboTraders not only fails to reveal how it operates. There is no guarantee that you rely on exports for any investment services. The company does not provide information regarding the founders or the qualifications. In addition, scam companies hide personal information from traders simply because they open clone companies and attempt to rob more money from innocent traders.

How ContaboTraders.com Operates

ContaboTraders.com does not have a reliable style of operation that you can count on. The company functions anonymously, and similar traits are observable in scam companies. Therefore it’s only absurd for you to think that you’ll receive any different services from the niche. 

ContaboTraders plans to tackle the high volatility in the market by providing unbiased expert reviews from top platforms. However, you might end up relying on information from unreliable people. Or even people who do not know how the market operates. Consequently, risk management measures such as stopping loss to take profit should prevent you from making massive losses during sudden market shifts.

ContaboTraders also claims to have won various awards, such as the best broker in 2020, among others. Accordingly, the awards to claim to have won are barely existent in the market. Therefore this is just a marketing strategy that scammers use and should be cautious. Fraudulent companies such as ContaboTraders find ways to lure you into making hefty deposits. 

Thus you may come across bonuses on the first deposit up to 100% too much your initial amount. However, you cannot withdraw the same reward money even after meeting the tasks they set for the same purpose. The company does not have any trade transaction data to determine expected results. Additionally, three months or more trade history information is helpful as you do not look forward to preferential treatment.

ContaboTraders Funds Safety

ContaboTraders does not check a single reason for you to consider the security of your money. Furthermore, the safety of your funds should be a top priority in any entity, and any sort of equivocation should serve as a warning. The company operates anonymously, and relying on such people is inadvisable. The company puts your funds at personal risk data and may end up in the wrong hands purporting criminal activities.

Contabotraders.com Review, Contabotraders.com Features

ContaboTraders has no evidence of swift transactions made by customers. Also, they do not feature a demo account that lets you understand and familiarise yourself with how it operates before investing real money. Hence the only likely beneficiaries are the unsung people behind the Contabotraders.com operation. They end up keeping money in personal accounts while they persuade you to wait for mysterious profit.

Deposit and Withdrawals

ContaboTraders does not reveal to its customers what the minimum investment amount is. However, when you contact them for the same information, they will mislead you into making massive deposits for no reason. Also, wire transfer and cryptocurrency transactions are irreversible. Hence you should consider using the Credit or debit option for a chargeback of up to 540 days.

ContaboTraders does not have a refund policy you can use to reclaim your money if you receive displeasing services. Also, the company does not showcase any data to prove successful withdrawals made by customers. Hence you will have a hard time accessing money from the account. They should kill numerous scum traits, and often, such companies hardly give you access to your money. Also, they will expose you to hefty withdrawal fees and transaction commissions.

Customer Support

ContaboTraders office address is South park avenue JI p h 94108 USA. There is no credibility in the support information it provides. Also, the same address does not correlate with the company and is also common among scam companies. ContaboTraders is likely to cut off communications with you upon receiving your money.

Moreover, you should receive instant responses to your queries relating to the company. Reliable customer support helps in building more trust between you and the company. Also, the company aims to provide a friendly interface which is almost impossible without proper customer relations. ContaboTraders allows you to contact them by filling out a section on the website or via email and telephone contact.

Regulation

ContaboTraders does not appear under the radar of any regulator. And regulated platforms do not last for long in the market and open the brick close as they please. Scam companies can hardly afford regulation fees either, and they often face bankruptcy quickly.

Therefore you can count on these regulated forex trading companies for transparent services. Unlike ContaboTraders, you can verify the regulation document it provides with the responsible watchdogs. Consequently, it is illegal in most nations to have access to public funds without mandatory following regulation procedures.

Final Verdict

ContaboTraders does not look legit from the first glance of its services. The website features blank sections with images missing. Also, they claim to have 5 years of experience, and without any visible evidence, these are just mere claims.

Therefore you should always consider doing thorough research and reading reviews from reliable sources before investing in any platform. Contabotraders.com is only after your money, and nothing the company provides investors makes any sense. You should avoid the entity and invest with these reliable brokers for a pleasant trading experience.

 

 

 

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