E-wealthfx.com: A fake broker like DivitumTrade.com, TheHorizonGold.com continues to scam people
The first thing that catches your attention when you choose a trading partner is a picture on the website. E-WealthFX did a great job of convincing people that it can be trusted. Unfortunately, it is not more than a facade to cover its deceptive schemes. It may be just loud words for you at this moment, but when you are familiar with the evidence below, the only thought will be: “E-wealthfx.com is a total scam”.
- Broker name: E-WealthFX, ewealthfx
- Address: No details
- Website: https://e-wealthfx.com/
- Regulation: Not regulated by any legitimate company
- Customer support: support@e-wealthfx.com
- Language: English
- Phone number: +61733170070
First red flag: no trace on the Internet
When you Google the broker under different keywords, it is quite difficult to find something positive or negative. Such almost zero trace indicates the first flag that you should not trust E-wealthfx.com so deeply. Let’s turn on the logic and think why it has no reputation. The main reason is that it is a scam and due to the newly created domain address, the scammer is on his/her way to order some paid articles.
As you can see in the screenshot above, it was launched more than a month ago and tries to scam everyone who wants to trade and make some investments. Perhaps, you may say: “The new status is not a clear sign of a scam”. In some point, we can agree with the statement but in this particular case, it is a complete scam
Second red flag: existence of several domains
The real broker focuses on one website as the main tool where potential clients can learn more about its services. However, E-WealthFX created several under different domain names. It is the common practice of scammers and the goal of such action is to confuse the tracks and in case of blocking one domain, the next one is always ready.
During the investigation, several of these domains were identified, raising serious concerns about the legitimacy of the business:
- Ewealthfx.com;
- Ewealth.com;
- E-wealthfx.net;
- E-wealthfx.live.
It is obvious that there are more such related domains, so be careful and don’t send your money to the hands of a scammer.
Third red flag: Multiple Identical Sites and Their Dangers
The investigation further revealed that E-WealthFX operates several websites that are nearly identical in content and design. This is another classic strategy used by fraudulent entities to ensnare unsuspecting users. The danger of these identical sites lies in their ability to amplify the scam, making it harder for regulatory authorities to shut down the operation.
Each site serves as a backup for the others, ensuring that if one is taken down, the scam can continue unabated through the others. This proliferation of identical sites also increases the likelihood of deceiving more victims, as the spread of the scam across multiple platforms can make it appear more legitimate.
DivitumTrade.com
Don’t be fooled by the different pictures on the screen. If you pay a little more attention, you will find that the only difference in the text is the name of the brokers. And of course, the extra period at the end of the third point. They even have identical errors and typos, what is this if not a clear sign of fraud, right?
TheHorizonGold.com
Here you can recognize traces of E-WealthFX without even reading carefully because of the identical design. Judging by open data from the Internet, thehorizongold.com appeared earlier and has a pretty good reputation, which is what untied the hands of scammers to create similar sites. After all, if they managed to deceive once, why would scammers change the scheme? However, you and I know everything about such scenarios and easily expose them.
Fourth red flag: newly created broker without regulation
One of the most significant red flags is the absence of regulatory oversight. E-wealthfx.com is a newly created broker that lacks any form of regulation from recognized financial authorities. When a broker is unregulated, there is no governmental or independent body overseeing its operations, which dramatically increases the risk of fraudulent activity.
This absence of regulation means that investors have no guarantee that their funds are safe or that the broker will act in their best interest. Additionally, in the event of a dispute or financial loss, investors will have no legal recourse to recover their funds. The fact that E-wealthfx.com does not adhere to any regulatory standards is a major red flag and a strong indicator of a potential scam.
Fifth red flag: fake data on the site
Another critical warning sign is the presence of fake or misleading information on the broker’s website. E-wealthfx.com appears to engage in this deceptive practice, displaying fabricated data to create an illusion of legitimacy and success.
Fake data is a common tactic used by scam brokers to mislead investors. It can create a false sense of security, leading individuals to believe that they are dealing with a reputable and successful company when, in reality, they are being deceived.
Final conclusion on the E-wealthfx.com scam
Based on the significant red flags identified, specifically the lack of regulation and the use of fake data on its website, it is obvious that E-WealthFX is a scam. Engaging with this platform poses a serious risk to investors, as there are no safeguards to protect their funds or ensure the legitimacy of the broker’s operations. The combination of these red flags suggests that the primary goal of E-wealthfx.com is to defraud unsuspecting individuals rather than provide legitimate financial services.
Do not trust E-wealthfx.com! After investing, I realized it was a scam. The platform is rigged to make you lose, and when you try to withdraw, they come up with excuses. I’ve lost thousands, and there’s no way to get it back. of course I have hope but not sure…
Absolutely the worst experience I’ve had with any investment platform. Avoid at all costs!
E-wealthfx.com is a complete scam. They lure you in with promises of huge returns, but once you’ve invested, good luck getting your money back. Their support is non-existent…