Broker Safe Holdings review on all points, why we believe Safe-holdings.com a scam
20 / 01 / 22
Visitors: 537
Online broker Safe Holdings, which operates in England, is a scam with a tarnished reputation.
If we get to the official website of Safe Holdings - Safe-holdings.com, we will find out that this company offers intermediary services for operations on the Forex financial market in England. In addition, Safe Holdings provides software for financial transactions.
Our experts explored the Safe Holdings website, got acquainted with the conditions of operations, made a ride to get at least test access to the software, analyzed the existence of official documents, the place of registration of the organization.
With the help of this information, we will find out: Is Safe Holdings a divorce or not?
In addition, we will explain to you how not to fall into the hook of deceivers, about their methods of work. We will tell you all the information you need to keep your money safe.
Safe Holdings organization based offshore
The first sign that Safe Holdings is a scam is the country of residence. According to the documents, the organization is registered in the Marshall Islands, which is already suspicious, since the company operates in the UK. Offshore states are popular with criminals due to the absence of the need to comply with the law and supervision.
Also, this state does not have the authority to trade in the Forex financial market.
In addition, when our specialists tried to identify the real address, information about the owners and management of Safe-holdings.com, they could not find anything.
This already suggests that Safe-holdings.com is a fake broker, working with which will result in significant financial losses.
No data found on the owners of Safe Holdings
After analyzing the site, our experts could not find plausible data about the directors of Safe Holdings. No physical address, no phone numbers or other means of communication.
Most likely, this means that the actual directors are trying to hide their identities in order to hide from answering for crimes. If one of the Safe Holdings employees can be found, then everything will end there, and the leaders of the shadow company will remain at large.
Safe Holdings, official website - Safe Holdings, is less than a month old
The official website of Safe-holdings.com tells about many years of experience in Forex.
The most common way to analyze any official site is to obtain information about a domain name. Basically, they contain the period of operation of the domain, information for contacting the owner.
In this case, the Safe Holdings domain name exists for less than thirty days, and all information about the individual who owns it is hidden. Another proof that the management of Safe Holdings is trying to preserve its anonymity.
Such a desire can be understood, but not when it comes to a financial firm that works as an intermediary between a trader and the Forex financial market.
At the same time, Safe Holdings assures its clients that they have been working effectively in the Forex market for a long time.
Safe Holdings does not have a trial period
It is a common practice for online brokers to give users a test version of their software so that they get acquainted with the interface, try their hand at trading on the Forex financial market with virtual money.
Unfortunately, on the Safe-holdings.com website, we did not find any mention of a demo period, an opportunity to try out the programs.
Probably the management of the Safe-holdings.com company most likely does not plan to give users demo access to paid software, as someone may suspect something is wrong.
Safe Holdings Online Broker Operates With Negative Score
Legal companies that trade on Forex do not use a negative balance in their activities. By law, the user of an Internet broker is not able to spend more than he currently has on his account. In cases where the account still goes into negative territory, the debt must be repaid not by the trader, but by the company that provided its services.
In accordance with this, honest Internet brokers do not use a negative balance in their work.
However, Safe-holdings.com allows users to trade with a negative balance, that is, in debt.
Why is this needed?
To drive the client into a minus and start a loan from him. This is one of the most popular scam methods used by scammers.
In the event that this has already happened, you need to know that the scammers have no way to collect money in accordance with the laws of Britain. Any methods of pressure on customers are considered illegal. The maximum that criminals are able to do is call, write threatening letters.
You cannot cooperate with Safe-holdings.com, as attempts to reach an agreement will result in new losses.
Safe Holdings operate with a credit ratio of one to four hundred or more
Already, it's becoming obvious that Safe Holdings are criminals. And yet, let's pay attention to another fact, namely, the presence of too high a credit ratio.
The credit ratio is the ratio of the finances of traders and online brokers when making a trading operation. Leverage allows you to close large transactions for clients who do not have large amounts of money with them.
In order to protect customers in the Forex market, in civilized regions, the legislation provides for the use of a credit leverage with the highest ratio of 1 to thirty, in rare cases 50.
At the same time, Safe Holdings applies a credit leverage of 1 to four hundred for trading in the Forex financial market.
This ratio is allowed in Switzerland, as organizations registered in this country enjoy great confidence. However, Safe Holdings is not registered in this country.
In fact, Safe Holdings is not authorized to trade in the Forex market with such a credit ratio, due to the high risk to users. Accordingly, this is used solely to force the trader to give away more of his own money, but also to drag him into loans.
Local divisions of Safe Holdings
It is considered important for the organization to have regional offices in civilized regions, even if the activities are carried out exclusively in the UK. Therefore, Safe Holdings talks about the fact that, in addition to a large number of awards, they have regional offices in Britain, Australia and other civilized regions, and also about a large number of competent employees.
Checking the reality of these representations is elementary. Since the sectoral structures that control the work of brokers are known. In the UK it's FCA, and in Australia it's ASIC.
Because of this, a legal firm is required to have official papers from these or other structures that confirm their right to provide trading services on the Forex financial market, and indicate the degree of responsibility.
And yet, after checking the industry web sites, our experts could not find them. This once again confirms our suspicions.
For registration on с, you need to transfer personal data
As we said earlier, Safe Holdings does not have a test period and, accordingly, in order to gain access, you must immediately pay the Safe Holdings bandits the minimum contribution. In addition, access to the Safe-holdings.com personal account is possible only upon completion of client verification.
This means that Safe Holdings requires its users to provide information such as:
- Information about an individual (passport, driver's license, etc.);
- Information about the permanent place of residence (scans of utility bills);
- Information about qualifications, experience, place of work.
Also, during the initial transfer, fraudsters are able to access card information.
In combination, this information may enable the bandits to hang a loan on the trader, or carry out other illegal operations.
Since registration on the Safe-holdings.com website requires the transfer of confidential data, our employees were unable to access the Safe Holdings personal account and services for working on the Forex market.
Safe Holdings Reviews
The most important step in exposing Safe Holdings is the study of customer reviews.
A careful study of the search results yielded the following data:
- Most of the references to Safe Holdings online are fake. These are template positive reviews and custom-made comments;
- All real Safe Holdings reviews are negative. Our employees were unable to find reliable references and comments from former clients of Safe-holdings.com, which would talk about serious earnings, productive activities.
- Negative reviews and comments are caused by criminal acts, theft of finances, artificial creation of debt.
Because of this, real Safe Holdings reviews suggest that the Internet broker in question is a scammer.
Safe Holdings contact information and white papers
After reviewing mentions on Safe-holdings.com, our experts have identified many dubious digital documents that can be easily created using a graphic editor. They are not confirmed by official companies, which means they cannot be trusted.
If a broker is not associated with regulatory companies, then its clients simply have nowhere to turn for help.
On the "Contacts" page, our employees saw a phone number. It turned out that it had already been used by an illegal internet broker. There are also many reviews on the web about fraudulent activities associated with the phone number listed on Safe-holdings.com.
Withdrawal of money from Safe-holdings.com
Are you going to make money with the help of a Forex broker? Make sure that investments can be taken away from him.
Studying the user agreement on the Safe Holdings website, our experts did not find clear information about the ways to withdraw earnings. In addition, we have identified a description of charges for account inactivity, but have not found information about their amounts. Since criminals do not work in the legal field, it is impossible to cancel these levies.
Because of this, even if the user has finished working with Sabre Holdings, they can start calling and sending messages demanding to pay a fine.
How does Safe Holdings operate?
Causes concern and a way to find customers, which uses Safe Holdings.
For advertising, fake social media profiles are used, in which non-existent people spread information about how they instantly managed to get rich by trading on the Forex market with the help of Safe Holdings. Advertising accounts show expensive cars and houses, vacations in resorts and other signs of a rich life.
Fakes promise quick earnings, for which you do not need to learn or make efforts.
If a potential user gets in touch with them, Safe Holdings employees talk about the possibility of a rapid profit, as well as some unique features of their software, which will make it possible to quickly earn a serious profit.
After that, all sorts of tricks are used to make it possible to get as much money from the trader as possible. For example, a user can draw a fake profit to motivate them to invest more money.
If the work on the Forex financial market is negative, the manager will offer to transfer even more to compensate for the debt.
Safe Holdings employees act according to scripts developed by skilled deceivers. Fraudsters study user information in order to put pressure on specific places, to get even more money.
One way or another, everything will come to one of the options:
- When you decide to take the investment before you find yourself in the red, you will be charged fees, close the money invested, and will do everything to force you to transfer more;
- If you allow scammers to drive the balance into debt, there will be threats, scammers will begin to extort the return of a non-existent loan.
An additional method of earning for Safe Holdings may be the transfer of your personal information to third parties. We think that, as a result, comprehensive information about you can be obtained for a moderate amount on some anonymous service on the shadow Internet.
Most likely, after that, various criminals, managers, etc. will start calling you. You should also wait for calls from Safe-holdings.com colleagues who will start offering a “return” on lost investments, of course for a fee.
Since Safe Holdings does not operate in a regulated field and preserves incognito, Safe Holdings cannot be forced to be liable under applicable laws in England. The owners of the shadow company are skillfully hiding and in the best case, the police will be able to capture one of the "managers".
Should Safe Holdings be trusted?
Not!
If you plan to transfer finances to scammers, then it is better to give them to a good deed.
Let's briefly list the evidence saying that Safe Holdings are scammers:
- No official registration;
- No trial period;
- There is no information about the owners of the organization;
- Phone number seen in shady frauds;
- Negative account;
- Leverage greater than 1 to 50;
- Negative reviews;
- False information on the official website.
Our review of Safe Holdings is complete. It is clear that Safe Holdings are bandits.
A complete list of unscrupulous brokers, that we do not recommend working with is available here.
