EN-n is probably one of the last names you would expect from a broker. Even without asking, we don’t know what the term En and N stands for. What we do know is that the people behind this are trying their best to hide their motives. We can give them the thumbs up for creating an appealing website. It’s easy to deceive visitors into believing the website is a genuine brokerage firm without taking a closer look. Learn more in this transparent EN-N Review.
A better and safer way of trading is signing up with credible brokers with years of trading experience. These brokers offer the protection you need from losing all your investment. Make a point of signing up with expert-backed brokers who have a knack for making a profit.
With an expert by your side, you stand a chance to make it. Make the bold decision and start signing up with authentic profits. It’s what you need to make a profitable trading experience.
Before we jump into the heart of the matter, there’s already a warning from CySEC regarding EN-N. EN-n is using false credentials and misinforming the public about their compliance. Once you land on their homepage, you may be fooled by the aesthetic appeal.
Thanks to our keen eye, we know how to spot red flags and flag them down. And this is exactly what we will be doing with this post. Exposing these scam artists for what they really are.
The disclaimer at the footer of the homepage claims that the broker is located in Belize. And this is a pointer that we are dealing with an offshore broker. This is one of the many red flags as offshore brokers are untrustworthy.
Offshore brokers don’t have your interest at heart. All they want from you is for you to deposit funds with them. Once you make this mistake, you won’t hear from them again. It’s what offshore brokers have been known for all over the years.
There’s no way funds are safe with a platform with no legal footing in the trading world. With a warning from CySEC, it means funds are far from safe. There’s no security of funds from a broker who does not deposit with regulators.
The deposit is a means of ensuring there’s an insurance cover for deposits made by members. These offshore brokers prefer going to jurisdictions where regulation is barely strict. And Belize is one area where rules are not followed.
We don’t have the name of the person behind this brokerage platform. There’s no indication that a Company operates the website. It’s an offshore scam that is likely having two to three people behind it.
These offshore scam artists are rigorous in hiding their information. Some of them even use virtual phone numbers to feign different locations. It’s one of the many reasons to stay away from anonymous online investment platforms.
A look at Trustpilot reveals that there’s only negative comment regarding this platform. This comment indicates the problem the victim went through in the hands of the broker. There’s no way you will withdraw funds with this platform once you make a deposit.
The website is a front for taking money from naïve investors. These scam artists pretend to offer online trading services by creating an engaging website. At the end of the day, these are trading fraudsters.
What is shocking is that the website has been in existence for over 16 years. Records show that their IP is in Amsterdam. We clearly have a long-standing trading website that no one has exposed. Thanks to the recent surge in victims, we can now expose the broker.
There have been a total of 106 changes on their IP over the last 16 years. These scam artists have been closing the website and re-opening once the heat subsides. With this expose, it’s a guarantee that the damage is done.
EN-n is not a valid trading website and lacks any documents to support their claim. The disclaimer at the footer of their homepage even suggests compliance to IFSC. We do know that the International Finance Services Commission does not provide licenses to offshore brokers.
A warning from an authoritative regulator such as CySEC is enough to set the tone. With En-n already having a warning from CySEC, the best option is to stay away.
These scam artists have a fake license number which they claim is from CySEC. It’s the extent scam artists will go to fool investors. As an investor, you should do due diligence to confirm license details with regulators.
Most scam artists will even use a legit platform’s detail to fool investors. Once you double-check their credentials, you can choose to open an account or not. En-n.com is a rogue broker.
EN-n is offering three account types to investors who choose to sign up. These accounts include Trader, Trader+, and Opti Invest. Another shocking twist to this platform is the minimum deposit for the basic account.
Members who start with the Trader account must deposit $1,000 to start trading. The other two accounts come with a minimum depository requirement of $25,000 and $50,000, respectively.
There are five trading instruments to choose from with this platform. These instruments include commodities, crypto, currencies, indices, metals, and stocks. Some of the commodities to find include Crude oil and gas. There are five major currency pairs to choose from, AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, and AUD/USD.
You can trade Crypto assets against the dollar with this platform. There are leading indices such as CAC40, DAX30, Dow Jones, FTSE100, Nikkei 225, and more. Precious metals to find include Gold, Nickel, Palladium, and Silver. We could only see the stock prices of Amazon and no other information on other companies.
One way of contacting the broker is via email, and the response might take a while. There’s a callback request on their contact page which gives the broker your information. Once you use this avenue, you give them access to your phone number.
Expect a barrage of calls even at odd hours from their representatives. These scam artists will also sell your email information to e-marketing teams. That’s the reason you get loads of spam mail from products you haven’t subscribed to.
There are plenty of ways of depositing funds with this platform, and we suggest you don’t. Victims had to send money to a bank account and wait for further instructions. Once they did so, it was the last they heard from the broker.
These are scam artists who won’t allow anyone to gain access to their balance. Withdrawing funds remains to be the biggest problem facing investors. Please stay away from EN N or become their next victim.
EN-n is a scam that is waiting to pounce on investors. Stay away from this platform, or else risk losing your entire funds. There’s no trading taking place despite having all the information on trading assets. These are scam artists who will do or say anything to make you sign up with them.
We won’t recommend a broker who is on the blacklist of CySEC. Please stay away from them or risk losing your entire funds.
Choose wisely and go for dependable and trusted brokers. These are the partners you need for a fruitful trading experience.
We wish everyone a fair and profitable trading experience.
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