Warning! Analystque.com is an offshore company! Your deposit may be at risk.
RECOMMENDED FOREX BROKERS
Analystque.com tries so hard to look professional, and yet it cannot escape is shady roots. Furthermore, we noticed that Analystque.com lies about the nature of its services and products right form the get go, as indicated on the footer that it is a crypto broker. What we find later indicates quite a different story; the broker is a typical offshore broker offering all sorts of assets, none of which are safe to trade with.
Аbove the footer we have a SVGFSA claim, or one that states that the Financial Services Authority of St. Vincent and the Grenadines is the main authority here. This is not possible for this entity does not regulate FX broker, even though it regulates other financial and banking institutions. Therefore, Analystque.com is not licensed in Saint Vincent and the Grenadines, even if it is incorporated there as a company.
However, on the other side, the terms and conditions mention the broker to be based in the Commonwealth of Dominica. Now, this country is in a similar position as SVG. There is no local FX regulator, which means that even if the broker is located there is certainly is not licensed.
All in all, Analystque.com is unlicensed and a risk to investments!
Investing in unregulated brokers is the digital equivalent of throwing your money away for the wind to disperse it. It’s obvious that no one would do such a thing. Go with brokers that are regulated by trustworthy organizations like the FCA or CySEC. These entities work closely with the law, enforce it when called for, and have strict requirements for those under their gaze. Not to mention that those under their jurisdiction are members of compensation funds that cover victimized clients’ losses of up to £85 000 (FCA) and €20 000 (CySEC).
We accessed a common registration page among scammers that is very familiar to us. We went straight to the web trader, where we found that forex currency pairs, stocks, indices, commodities, and cryptocurrencies are the available assets. The leverage was capped at 1:200, while the EUR/USD spread was 0.3 pips.
We went on searching for commissions on spreads, because such a low cost of trade value is sure to be commissioned, and found nothing. Considering that the broker is without a license, we have to mistrust it on every step of the way, and we do not believe that such a favorable EUR/USD spread has not been tampered with! The fact that the broker is not concise on commissions is a signs in and of itself that it might be hiding something.
What we have her is a very common web trader used by shady brokers.
This trading software has the making of a web trader for first comers in the FX trading industry. Clients will grow tired of it, because there isn’t much to do here, although it does offer a basic learning curve. Too bad that it’s used predominantly by unlicensed entities.
ANALYSTQUE MINIMUM DEPOSIT
According to the user area the only way to invest is through a BTC wallet, which is a long shot, because there is no guarantee that the client will be ever see this money again.
There was no min deposit to be taken from the user area, while the website claims it to be $500 in BTC. In our experience, whatever one sends to the broker is enough.
DON’T PROVIDE YOUR CREDIT CARD CVV CODE
The CVV code is the one thing that separates a buyer from a product. Without it, one cannot complete a purchase, even if him/her has given all other necessary information. By giving this detail to someone else, you are essentially inviting them to use your funds for their own means. And be warned that unregulated brokers most certainly plan to do so.
DON’T PROVIDE ACCESS TO YOUR COMPUTER AND BANK ACCOUNT VIA ANYDESK OR TEAMVIEWER
Be sure to never give AnyDesk or TeamViewer access to your PC to unverified agents. These 2 platforms allow for your PC to be taken over by a second party, oftentimes for help or guidance, but in the case of these brokers for the sole purpose of looting your bank account(s) and personal information. However, in order to do so your consent is needed, and this is the only thing standing in the scammers’ way.
ANALYSTQUE WITHDRAW TIME AND FEES
We could not get any withdrawal information from the user portal area because in order to access it the user has to invest first. And we do not recommend doing that.
So, we have the website. There we find that the broker offers exclusively a BTC wallet a s a withdrawal methods, so there is no guarantee that the client will ever get paid. There might be third party fees on transactions, and it take 5 business days for a request to get processed.
However, the broker vaguely and very shortly mentions that withdrawal and deposits will be issued fees, saying this shortly after the withdrawal section in the T/Cs. So, are we to believe that there are hidden payment fees? We think so.
Beware, once more, when giving away an ID and a proof of address. Trustworthy brokers ask for these before traders can deposit to make a check up. Deceitful ones will ask for these details, using the anti-money laundering legislation as pretext, once you start asking too many questions and are getting suspicious of their activities. Understand that they will use these to build a stronger case against you in the event that you request a chargeback.
Yet again we urge readers to stay away from this broker as it will, without a doubt, never return your funds and profits. If you wish to to get smooth and efficient transactions, please visit a FCA/CySEC regulated broker, where all withdrawals are handled with care and respect.
HOW TO RECOVER
The most sound advice we could give you is to immediately file for a chargeback with you credit card company.
If you have given away your credit card details including the CVV code to the “broker” you should cancel it ASAP and check with your bank to see the damage inflicted.
Also, beware of self proclaimed “recovery” agencies or agents. These cheeky scammers promise to fix your problem and restore the lost funds. They offer their services in exchange of a small sum from your end, after which you won’t ever hear from them again.
The last line of defense for these indecent folk is more like a desperate cry: often times they will comment on reviews and cite the whole ordeal as a conspiracy initiated by competitive brokers against them; at times even claiming that reviewers are anything but objective, and that no one writes good reviews. The absurdities are limitless!
Shady payment conditions, unsure trading grounds, and a lack of a license. Three defining elements of Analystque.com. This broker is a sure scam and a risk to all!