The online broker Voytegon, which operates in the UK, is considered a scammer with an unclean notoriety.
13 / 01 / 22
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When we go to the official website of Voytegon - Voytegon.com, we will find that this company provides brokerage services for trading in the Forex market in Britain. Voytegon also provides services for trading operations.
Our experts studied the Voytegon website, got acquainted with the terms of action, tried to get at least demo access to the software, investigated the existence of documents, the region of registration of the company.
With the help of the data obtained, we will find out: Voytegon - a divorce or not?
In addition, we will explain to you how not to fall into the network of deceivers, about their operation algorithms. We will tell you all the necessary data to keep your finances safe.
Voytegon organization based in offshore region
The main sign that indicates that Voytegon.com is a scam is the state of registration. The organization is officially registered in the Marshall Islands, which is already suspicious, since the company operates in England. Offshore states attract the attention of deceivers due to the lack of laws and controls.
Moreover, this region does not have rights to trade on the Forex market.
In addition, when our experts tried to find the address, data on the owners and directors of Voytegon, they failed to reveal anything.
This suggests that Voytegon.com is a shady online broker, interaction with which will result in serious financial losses.
Could not find information about the organizers of Voytegon.com
After analyzing the official website, our experts could not find plausible data about the management of Voytegon.com. No address, no phone number or other means of getting in touch.
Usually, this means that the actual leaders are trying to hide themselves in order to elude punishment for their crimes. Even if one of the Voytegon managers can be found, this will all end, and the actual owners of the shadow company will remain at large.
Voytegon, website - Voytegon, is valid for less than thirty days
The official website of Voytegon talks about many years of experience in the Forex market.
The most common method for checking any site is to obtain data about the domain name. As a rule, they fix the period of validity of the domain name, data for the owner's connection.
In a specific case, the Voytegon domain name exists for less than 30 days, and all data about the legal entity or individual that owns it is hidden. Another evidence that the owners of Voytegon are trying to preserve their anonymity.
This desire can be supported, but not when it comes to a company acting as an intermediary between the user and the Forex market.
In addition to this, Voytegon.com assures potential users that they have been trading Forex successfully for quite a long time.
Voytegon.com does not have a trial period
It is a common practice for brokers to provide clients with a demo version of their programs in order for them to familiarize themselves with the interface, to try their hand at Forex operations with fake currencies.
Unfortunately, on the website Voytegon.com, we could not find information about the trial period, the opportunity to try out the software.
We assume that the owners of the Voytegon company are most likely not going to provide traders with test access to the service, as someone may begin to suspect something is amiss.
Broker Voytegon operates with a negative balance
Official organizations that operate in the Forex financial market do not use a negative balance in their activities. By law, the user of an Internet broker cannot spend more now on his balance sheet. In rare cases, when the balance still goes into a negative value, its debts must be repaid not by the user, but by the organization that offered the services.
In accordance with this, registered Internet brokers do not use a negative balance in their work.
However, Voytegon.com provides its customers with work with a negative account, that is, on credit.
Why is this needed?
To drive the client into a loan and pay off the loan. This is one of the most common methods of deception used by financial scammers.
In the event that this has already happened, it must be remembered that scammers do not have the opportunity to recover finances under the laws of England. All methods of pressure on users are considered illegal. The most that criminals are able to do is call, write messages with demands.
You cannot work with Voytegon, as any agreements will result in losses.
Voytegon.com operates with a leverage of 1 to 400 or more
Already now, it is clear that Voytegon are swindlers. However, let's pay attention to another fact, namely the presence of too large a credit ratio.
The credit ratio is the ratio of the money of traders and brokers at the conclusion of a trading operation. Leverage makes it possible to close large transactions for clients who do not have the appropriate funds freely available.
In order to protect Forex users, in developed regions the laws provide for the use of leverage with the highest ratio of 1 to thirty, in exceptional cases 50.
At the same time, Voytegon applies a credit ratio of one to four hundred for operations in the Forex financial market.
Such an attitude is allowed in Switzerland, as organizations registered in this country enjoy high confidence. But Voytegon is not registered there.
In fact, Voytegon are not authorized to operate in the Forex financial market with such a credit ratio, due to the high risk to clients. Actually, this is used solely to force the user to invest more of his own finances, but also to drive him into debt.
Regional divisions of Voytegon
It is considered solid for any financial firm to have local representation in developed regions, even if the work takes place only in Britain. So Voytegon informs that in addition to a significant number of awards, there are local offices in the UK, Australia and other developed countries, as well as a lot of qualified specialists.
Checking the presence of these representations is very simple. Since there are specialized structures that control the activities of online brokers. In the UK it's FCA, and in Australia it's ASIC.
That is, a law-abiding organization must have official papers from these or other structures that confirm their permitted right to provide services for trading operations in the Forex financial market, regulate the level of responsibility.
However, after analyzing the industry sites, our experts did not find them. Which once again reinforces our fears.
Registration on Voytegon.com requires the transfer of confidential data
As we mentioned earlier, Voytegon does not have a demo period and therefore, in order to gain access, you must immediately pay the minimum deposit to Voytegon scammers. Also, access to the personal account of Voytegon.com is possible only upon successful completion of identity verification.
This means that Voytegon requires customers to transfer data such as:
- Information about an individual (passport, etc.);
- Information about the permanent place of residence (scans of utility bills);
- Data about qualifications, place of work, experience.
Also, during the initial transfer, scammers can get access to personal account information.
As a result, this information may allow fraudsters to hang a loan on a client, or carry out other criminal frauds.
Since registration on the Voytegon.com website requires the submission of personal information, our employees have not been able to access the Voytegon personal account and Forex earning software.
Voytegon reviews
An extremely important point of exposing Voytegon is the analysis of feedback from traders.
A detailed study of the search results on the Internet gave us the following information:
- Most of the Voytegon reviews on the Internet are lies. These are similar positive reviews and mentions of the paid type;
- All true reviews and comments about Voytegon are negative. Our experts were unable to find credible reviews and comments from former users of Voytegon.com that mention income, successful trading.
- Negative reviews and mentions are associated with fraudulent activities, theft of funds, creation of debt.
- Therefore, reviews of Voytegon say that this Internet broker is a criminal.
Contact information and official documents Voytegon
While researching the data on Voytegon.com, we found a lot of dubious digital papers that can be easily done with a graphics editor. They are not confirmed by official organizations, which means they cannot be trusted.
If an Internet broker is not associated with regulatory firms, then its traders simply have nowhere to turn for help.
On the "Contacts" page, our specialists found 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 Voytegon.com.
Withdrawing money from Voytegon.com
Are you going to make money with a Forex broker? Make sure you can take money from him.
Having studied the user agreement on the official website of Voytegon, our experts did not reveal clear information about the methods of withdrawing money. At the same time, our experts identified a description of the fees for the inactivity of the account, while there was no information about the size. Since scammers do not operate in the legal field, it will not be possible to cancel these fees.
Therefore, if the client has finished working with Voytegon, they may start calling and writing messages demanding to pay a fine.
How does Voytegon work?
Voytegon's method of finding new customers also raises suspicions.
Fake social media profiles are used for advertising, in which fake bloggers talk about how they instantly managed to get rich by working in the Forex market through Voytegon. Fakes show expensive cars and jewelry, travel to resorts, and other signs of a prosperous life.
Bots promise instant earnings, for which you do not need to learn or make efforts.
If a potential trader gets in touch with scammers, Voytegon employees report the possibility of rapid profits, as well as some unique features of their programs that allow you to immediately withdraw solid earnings.
Then all sorts of tricks go into work, making it possible to get the maximum amount of deposits from the client. For example, a client may be given a fake profit in order to motivate them to give more money.
When work on Forex is unprofitable, the manager will offer to invest more to compensate for the losses.
Voytegon managers act according to algorithms developed by experienced psychologists. Scammers analyze user information in order to act on weaknesses and get more finances.
One way or another, everything will come down to one of two ends:
- When you decide to get finance before you are in the red, you will be fined, banned from using the balance, and will do everything to make you pay more;
- If you give the opportunity to criminals to drive the account on credit, threats will go, the bandits will start extorting to repay the fake loan.
Another method to make a profit for Voytegon can be the transfer of your personal information to interested organizations. We think that, as a result, it will be possible to obtain comprehensive information about you for a moderate amount of money on some anonymous community on the darknet.
Most likely, after that, various bandits, sales managers, etc. will begin to write to you more often. You should also wait for letters from Voytegon's accomplices, who will offer to "receive" the lost finances, of course, for payment.
Since Voytegon does not operate in a regulated environment and maintains anonymity, Voytegon.com cannot be forced to respond under current UK law. The heads of the fraudulent organization are skillfully hiding, and in the best case, law enforcement agencies will be able to figure out one of the "managers".
Can Voytegon be trusted?
In no case!
If you are going to give money to scammers, then spend it on a good deed.
In short, we will voice evidence indicating that Voytegon are criminals:
- Lack of official registration;
- No trial period;
- Lack of information about the owners of the company;
- Phone number seen in criminal schemes;
- Negative balance;
- Leverage more than one to 50;
- Negative reviews;
- False data on the website.
Detailed review of Voytegon - completed. It is clear that Voytegon are scammers.
A complete list of unscrupulous brokers, that we do not recommend working with is available here.
