The fraudulent structure of Safe holdings blocks its depositorsJulius Conley 09 / January / 22 Visitors: 341
Online broker Safe Holdings, which operates in England, is a scam with a tarnished reputation.
When we go to the official website of Safe Holdings - Safe-holdings.com, we will read that this company offers brokerage services for working on the Forex market in England. Safe Holdings also offers services for trading activities.
Our employees studied the Safe Holdings website, got acquainted with the terms of action, made attempts to get demo access to the software, investigated the availability of official documents, the region where the company was registered.
With the help of this information, we will find out: Safe Holdings - a divorce or not?
In addition, we will explain to you how not to fall for the bait of scammers, about their work algorithms. We will tell you the necessary information in order to keep your finances safe.
Safe Holdings is located in an offshore country
The first signal that Safe-holdings.com is criminals is the state of registration. The organization is officially registered in the Marshall Islands, which is already suspicious, since the company operates in Britain. Offshore countries are popular with criminals due to the lack of legislation and control.
Moreover, this state does not have the authority to work on the Forex financial market.
Moreover, when our experts tried to find the legal address, information about the owners and management of Safe-holdings.com, they could not find anything.
This hints that Safe Holdings is a criminal broker, interaction with which can result in serious financial losses.
No information found about the owners of Safe-holdings.com
After analyzing the official site, we have not been able to identify the truthful data about the owners of Safe-holdings.com. No physical or legal address, no phone numbers or other methods to get in touch.
Basically, this means that the current owners try to hide their identities in order to elude punishment for their actions. And even if you manage to catch one of the managers of Safe Holdings, then this will all end, and the real owners of the fraudulent organization will remain at large.
Safe Holdings, official website - Safe Holdings, works less than 30 days
The Safe-holdings.com website speaks of significant experience in the Forex financial market.
The main way to analyze a website is to obtain information about the domain. Basically, they contain the duration of the domain name, the contact information of its owner.
In our case, the Safe Holdings domain name is valid for less than thirty days, and information about the legal entity or individual that owns it is hidden. Another evidence that the management of Safe Holdings is trying to remain incognito.
This desire can be understood, but not when it comes to a company acting as an intermediary between a trader and the Forex financial market.
At the same time, Safe-holdings.com assure users that they have been successfully operating on Forex for a long time.
Safe-holdings.com has no demo period
It is a common practice for Internet brokers to give their clients a demo version of their software so that they can familiarize themselves with the interface and try their hand at playing on the Forex financial market with virtual money.
Unfortunately, on the site Safe-holdings.com, we did not find information about the demo period, the opportunity to try out the software.
We think that the management of Safe Holdings simply does not plan to give users trial access to their service, as some of them may begin to suspect fraud.
Internet broker Safe-holdings.com operates with a negative balance
Legal firms that operate in Forex do not use a negative account in their work. By law, an online broker trader is not able to spend more now on his balance sheet. In rare situations, when the balance goes into a negative value, the loan will have to be repaid not by the client, but by the organization that provided the services.
Because of this, official Internet brokers do not use a negative account in their work.
And yet, Safe Holdings gives clients Forex operations with a negative account, that is, on credit.
What is it for?
In order to drive the client on credit and start demanding payment of the debt. This is one of the most popular scam methods used by scammers.
If this has already happened, you need to know that scammers do not have the opportunity to recover finances under British law. Any methods of pressure on customers are illegal. The most that scammers can do is call, write threatening letters.
You cannot work with Safe Holdings, as the agreements will result in new losses.
Safe Holdings operate with a leverage of 1:400 or more
At this point, it's clear that Safe Holdings are bandits. And yet, let's pay attention to one nuance, namely the existence of an extremely large leverage.
The credit ratio is the ratio of the money of clients and brokers when making a transaction. This makes it possible to carry out large trading operations for clients who do not have the appropriate finances with them.
In order to protect Forex traders, in civilized countries, the current legislation provides for the use of a credit ratio with a maximum ratio of one to 30, in exceptional cases 50.
At the same time, Safe Holdings uses a credit ratio of 1 to 400 to make money on the Forex market.
Such a ratio is allowed in Switzerland, since organizations registered in this state enjoy high confidence. But Safe Holdings is not registered in this state.
In fact, Safe Holdings is not allowed to trade in the Forex market with such a credit ratio, due to the high risk to users. So, this is done to force the trader not only to transfer as much of his own finances as possible, but also to drive him into debt.
Local divisions of Safe Holdings
It is considered important for a financial company to have local offices in developed countries, even if the work takes place only in England. Therefore, Safe Holdings says that in addition to a large number of awards, they have local offices in the UK, Australia and other civilized countries, and in addition about thousands of competent specialists.
It is very easy to check the reality of these branches. After all, there are specialized organizations that regulate the work of online brokers. In Britain it is FCA, and for example Australia it is ASIC.
That is, a law-abiding company must have permits from these or other organizations that will confirm their authorized right to provide trading services on the Forex market, and determine the degree of responsibility.
However, after checking the relevant official websites, our employees could not find them. This once again confirms our fears.
For registration on Safe-holdings.com, you need to transfer personal data
As we said earlier, Safe Holdings does not have a demo period, and therefore, in order to gain access, you must immediately pay the Safe Holdings criminals the minimum contribution. In addition, access to the personal account of Safe-holdings.com is really only after passing user confirmation.
This means that Safe Holdings requires its customers to transfer data such as:
- Information about an individual;
- Data on the permanent place of residence (scans of utility bills);
- Information about qualifications, length of service, place of work.
In addition, with the first payment, scammers are able to access personal account information.
Together, this information can enable criminals to put credit on the user, or carry out other shady schemes.
Since registration on the Safe-holdings.com website requires sending confidential data, our specialists did not get access to the Safe Holdings personal account, as well as the software for trading in the Forex financial market.
Real reviews about Safe Holdings
A very important step in exposing Safe Holdings is the analysis of user reviews.
A detailed study of the issuance in search engines allowed us to obtain the following data:
- Most of Safe Holdings reviews on the Internet are fake. These are formulaic positive mentions of a paid character;
- All real Safe Holdings reviews are negative. Our staff has not been able to find credible testimonials and references from Safe-holdings.com users reporting high income, successful trading.
- Bad reviews and comments are caused by illegal activities, theft of investments, artificial creation of credit.
Because of this, reviews of Safe Holdings indicate that this broker is a scam.
Safe Holdings contact details and white papers
After analyzing the information on Safe-holdings.com, our experts found a lot of dubious digital official papers that can be easily made using a graphic editor. They are not confirmed by official firms, which means they cannot be trusted.
If an Internet broker is not associated with regulatory companies, then its traders simply have nowhere to turn for help.
On the "Contacts" page, our experts found a phone number. It turned out that it had already been used by an illegal broker. There are also many reviews on the web about fraudulent activities associated with the phone number listed on Safe-holdings.com.
Withdrawing money from Safe-holdings.com
Are you going to make money with an online Forex broker? Make sure you can take money from him.
After analyzing the user agreement on the Safe Holdings website, we did not reveal specific information about the ways to withdraw earnings. Our experts also saw a description of penalties for a long inactivity of the account, while there was no information about their size. Since scammers do not operate in the official field, it will not be possible to challenge these fines.
Because of this, even if the user has ceased cooperation with Safe Holdings, they may begin to disturb with calls and write messages demanding payment of a fine.
How does Safe Holdings work?
Suspicious and the method of finding new users, which uses Safe Holdings.
For advertising, false profiles on social networks are used, in which fake users broadcast about how they instantly managed to make a profit by trading on the Forex financial market through Safe Holdings. Advertising accounts show expensive cars and houses, holidays in resorts and other signs of a prosperous life.
Fakes guarantee instant income growth, for which you do not need to learn or make efforts.
If a user gets in touch with scammers, Safe Holdings employees confirm the reality of a quick profit, as well as some unique features of their programs that allow you to immediately get a solid income.
After that, various manipulations are used, making it possible to get as much money from the client as possible. For example, a fake profit can be created for a client in order to motivate them to invest even more money.
If work on the Forex financial market is unprofitable, the personal manager will recommend transferring more in order to compensate for the minus.
Safe Holdings managers act according to algorithms developed by experienced swindlers. Scammers study information about a trader in order to influence specific places and get more investments.
One way or another, all this will come to one of two options:
- If you want to withdraw funds before you find yourself in loans, you will be charged fees, close the balance, and will do everything to force you to pay more;
- If you allow bandits to drive the balance into debt, threats will begin, criminals will demand payment of a fake loan.
An additional way to make money for Safe Holdings can be the transfer of your personal information to interested parties. Most likely, after that, it will be possible to buy detailed information about you for a moderate amount of money on an anonymous service on the shadow Internet.
Surely, as a result of this, all kinds of criminals, managers, etc. will begin to spam you more often. We should also wait for messages from accomplices of Safe Holdings, who will begin to offer a "return" of lost investments, of course, for a fee.
Since Safe Holdings does not operate in the official field and preserves incognito, Safe Holdings cannot be forced to be liable under the law in Britain. The owners of the criminal firm are skillfully disguised and, at best, the legitimate authorities will be able to capture one of the "employees".
Can Safe Holdings be trusted?
In no case!
If you are going to give finances to criminals, then spend them on charity.
In short, we will voice the evidence saying that Safe Holdings are scams:
- No official registration;
- No trial period;
- Lack of information about the owners of the organization;
- The phone was found in criminal schemes;
- Negative balance;
- Credit ratio more than one to 50;
- Bad reviews;
- False data on the site.
Full review of Safe Holdings - over. It is clear that Safe Holdings are criminals.
We have compiled a list of brokers, that we recommend avoiding.