Digital Forex World promises everything while delivering almost nothing to its clients. Even with its professional-looking website and crazy claims, the reality is completely different. The problem is that these types of platforms attract more and more inexperienced traders. This is their plan and, unfortunately, these people become victims of their scams and lose their money.
In this Digital Forex World review, we will be revealing the major problems that this platform has. Also, how it tricks people with its neat-looking interface and fake promises. In this case, the risks that clients become exposed to outweigh the supposed profits that can be made. With lots of people already being convinced of this scam, it’s time we also reveal the truth!
Digital Forex World review
Let’s start with the official Digital Forex World website which claims that the company is based in the United Kingdom. This is fake as the firm is actually based in Germany (thanks to the IP location) and doesn’t have any actual offices. They only operate online. Why? So they cannot be traced after stealing people’s money. As you can see, they count on confusion to get away with their fake promises.
The website also displays other types of false info too. For example, none of their contact details actually work. Moreover, the huge number of accounts that they claim they have, over 369,000, is totally fake. No broker that has so many customers remains so unrecognized for such a long time. These numbers are there only for marketing purposes and to attract as many people as possible.
About the Digital Forex World offer
When it comes to their actual trading offer, they claim to have three asset types. These are forex, crypto, and stocks. However, there are no more details about these assets. The kinds of crypto that you can trade or the number of forex items are unknown. However, probably the biggest issue is that their registration page is a 404 error page. So, if you cannot register on this website what’s the point of it all?
Besides that, their official website also claims that they use the Thai Exchange. This is incredibly weird for a company that supposedly resides in Europe. It makes us believe that the targets of this firm are wealthy Thai investors and traders.
Lack of feedback and contradictory contact details
In case you may want to find out what the people are saying about Digital Forex World, it would be an impossible mission. There are NO reviews at all anywhere online, either positive or negative. It’s hard to believe that nobody has left any feedback on their services. Most probably, it was a negative experience that got deleted so people won’t notice.
When it comes to contacting this broker, it’s an impossible mission once more. The links on their Contact page redirect people to the same page. Moreover, their address there is Westbrook, United States. This is the third location they claim to have. Why is their phone number a US one if they reside in the UK? And why do they use the Thai Exchange if so?
Digital Forex World is also not regulated by any authority body. They don’t even claim to be. So, you can imagine how safe your money and personal details will be in the hands of these people. They don’t have any SSL encryption either, which is a big problem. In short, we strongly advise you to NOT deposit money into this platform and to NOT give them any personal documents!
Summary of Digital Forex World review
The bottom line is that Digital Forex Worldis a scam-type operation that is not even done in a believable manner. These people didn’t put any effort into creating their image and only want to trick as many clients as possible. Stay as far away as possible from them and don’t trust them with your funds! Pick a reliable and experienced online trading broker instead and avoid unnecessary risks.