EuroUnionInvestment

EuroUnionInvestment, or OU LIAN WEALTH, is a dangerous entity becaeu it has done a good job on the website. If we did not reveal that it is ultimately unlicnesed, rookie traders would have probably felt for its schemes. That is why we urge each and everyone to read the review for it details all things wrong with EuroUnionInvestment.

EuroUnionInvestment is allegedly registered in Canada. Registered, but not regulated; a subtle difference in the words but a huge impact on the entire experience. Many offshore scammer brokers are registered, but none are regulated. Moreover, in order to provide FX services in Canada s simple registration won't do. The company needs to be overseen by the local Investment Industry Regulatory Organization of Canada (IIROC), and therefore follow strict rules to be a broker in Canada. The IIROC registry held no result when we searched for one EuroUnionInvestment, meaning that the broker is not regulated in Canada.

Next, we have the typical claim that the broker is located in the UK. The same rule applies from above. UK wanna-be brokers are required to be regulated by the FCA, and this one definitely isn't. Therefore EuroUnionInvestment is not based in the UK.

As a conclusion, it's not hard to see that EuroUnionInvestment is unregulated and a risk to all!

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).

When an unregulated broker tells us to wait, we know then and there that we would be waiting forever. This is basically what happened when we tried to open an account. In order to complete the registration process, we were told to wait while the broker reviewed our profile. We waited to no avail. After a couple of minutes, we realized that we wouldn't be seeing the inside of a user area.

The website of illicit brokers is never to be trusted with trading conditions, but for the review, we have no choice. The website claims that the leverage is capped at 1:100, while the EUR/USD cost of trade is 2 pips. The advertized trading assets are forex currency pairs, commodities, and indices.

EUROUNIONINVESTMENT LOGIN

By far the biggest surprise of all was to fin that EuroUnionInvestment came with a fully operational MT5 that we, nevertheless, could not open due to never receiving any login credentials from the company.

But the MT5 is there, and it makes us wonder as to the means used by EuroUnionInvestment for getting it. But this is not our purpose here.

Yes, the MT5 is present and functioning, but the broker remains unregulated and a risk to all! Not even the MT5 can undo that.

EUROUNIONINVESTMENT MINIMUM DEPOSIT

EuroUnionInvestment does not give a single reason to invest in it. In fact, we assert that all investments will be lost!

With that said, we at least expected some sort of deposit information from the website, to cover the basics. It turns out that we were asking too much. There is no payment information without accessing the user area.

Brokers that rely on these “strategies” have always proven to be scams! Why would you hide investments methods and minimum deposit requirements? The answer is that one does so when one has something to hide!

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.

EUROUNIONINVESTMENT WITHDRAW TIME AND FEES

Much like the depositing information, withdrawal details have also been kept in secrecy. There is only one reason why any broker would do that, and we think you can guess it.

We assume that the only way to get a hold of any withdrawal details is by referring to the user area, although previous scammer brokers have taught us that withdrawal conditions are quite limited there. There are even cases where brokers have no withdrawal portals!

What has us annoyed is that both depositing and withdrawal information is kept away from the user. If you ever needed a sign that EuroUnionInvestment is unregulated this is one.

ACCOUNT VERIFICATION

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!

BOTTOM LINE

We challenge our readers to give us one reason to invest in EuroUnionInvestment. You will have a hard time finding one. On the other hand, there are dozens of reasons why you should not invest here!