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GrahamFE Review: Grahamfe.com Forex Scam Exposed

GrahamFE Review: Grahamfe.com Forex Scam Exposed

GrahamFE (Grahamfe.com) is another rotten online scam platform stealing from anyone who signs up. Graham FE is claiming to offer over 800 high liquidity assets and a 100% welcome bonus. With such claims, unsuspecting investors have signed up not knowing the idea behind the platform. Some members are already coming out vexed with the manner in which the platform conducts business. Read this genuine and honest GRAHAMFE Review for more.

GrahamFE Review

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GrahamFE Review

Complaints have been sent to our help desk team by users of the above platform. With most being totally unaware of how scams work, they fell for the empty claims and promises. Professional scam artists will use over the moon claims and promises just to lure investors to deposit more. And this is the case with Graham FE as they promise users a 100% welcome bonus. This means if you deposit $10,000 you get a welcome bonus of $10,000. Now that’s a trick well-used by scam artists.

Professional scam artists will also create an enticing website just to fool unsuspecting investors. By cloning a real trading website, these scam artists make it difficult for users to know the difference. Once investors sign up and deposit funds, it becomes too late to change the outcome. And this is why we must expose such platforms and keep the good Forex trading name clean. Continue reading this eye-opening review and find out why GrahamFE is a certified online trading scam.

About GrahamFE

According to the disclaimer at the footer of their homepage, they claim the platform is based in Sofia, Bulgaria. GrahamFE FinServices Ltd is the company named as the owner of this website. A closer look at the company register shows no results of any company registered with this name. What these scam artists are after is a reason to make investors believe the platform is based in Europe. Scam artists do this in order to attract investors from Europe who prefer Cryptocurrency investment.

Another shocking feature we noticed with this platform is being totally anonymous. Anonymous websites are a red flag as they make it hard to recover funds deposited. And this is the case with Graham FE as no one knows who the founding members actually are. We also don’t know any name of persons running the website. No brokers have come forward and officially associate themselves with this platform. With such anonymous levels, it is safe to assume GrahamFE is an anonymous online scam platform.

Is GrahamFE licensed or registered?

For a platform which claims to be located in Sofia, Bulgaria, we had to check with relevant authorities. The Bulgarian Financial Services Commission (BFSC) OR Financial Supervision Commission (FSC) has no record of GrahamFE. And this is proof we are dealing with a hoax online trading platform. Only scam platforms have the ability to claim to be licensed in a certain region. Regulatory bodies on the other hand are quick to refute this claim.

GrahamFE License and Registration

Why have they failed to post any credentials to prove their authenticity? A real trading website will post copies of their license and registration certificates for all to see. What this does is ensure members can confirm the license details with proper authorities. Lack of these vital documents is proof GrahamFE is not licensed. Recovering funds from GrahamFE is next to impossible.

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Advantages of GrahamFE

With a platform which lacks proper license and registration, there couldn’t be any advantage. To add salt to injury, the platform is shutting down accounts with balances still reflecting. You will be receiving thousands of email marketing products thanks to giving out your address information.

Disadvantages of GrahamFE

Account types

GrahamFE Account Types

Graham FE is professing to offer users with four account types to choose from. Accounts are listed as Micro, Mini, Silver, and Gold. What we noticed odd with these accounts is the high minimum depository amount. Micro account holders are supposed to deposit over $500 to start trading. This is way above the set industry requirement of $250. Another problem is how the accounts have similar features. Why would an investor deposit $10,000 and get same features as one who deposits $50,000?

Customer Support

GrahamFE is lacking in this area as they don’t offer a live chat support team. You would expect the platform to have customer support staff every working day. What they use are emails and phone numbers which are always busy. No one picks the calls when you try and call the account manager. And this is a well-orchestrated scam which keeps taking from unsuspecting investors.

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Deposit and withdrawal

When you look at their deposit and withdrawal page, you can see these scam artists have the area well-covered. Depository channels include MasterCard, Visa, Yandex, and others. Account funding is easy and fast and takes less than five minutes for the process to go through. Withdrawing funds with this platform still remains to be the biggest challenge with this platform. No member has come forward with claims of ever withdrawing funds with the platform. Ensure you stay away from such an illicit platform.

Trading platform

GrahamFE is using a custom-made trading platform which has not been tested by experts. The problem with their platform is lack of proper security mechanisms. Their platform is highly unstable and an easy target for would be hackers. Hackers will take advantage of the platform’s vulnerability and steal credit card information. Stay away from GRAHAM FE as it will only ruin your chances of making money.

Safety of funds

GrahamFE Trading Platform

Security of funds is a huge problem with this platform as they lack basic security features. Users are depositing funds straight to owner’s bank account. Members should not expect any compensation as the platform does not participate in a compensatory scheme. Stay away from this platform and refuse their promotional materials.

Scam or legit

Evidence clearly shows Graham FE is a scam. From lack of regulation to online complaints, the platform is out to steal from investors. Make sure to mark their emails as spam and never click on any link sent by their email marketing team. Warn your family and friends from joining any of their affiliate programs. Stay away from video tutorials as they contain links with malware. Your identity is at risk of being used to apply for online credit loans.

Verdict

We will be adding this platform to our scam blacklist and ensure no one falls victim to this platform.

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Wishing you the very best in Forex trading.

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