Polarbtc Review – How safe is to invest here?
After conducting some research on investing forums and social media platforms, we learned that many people had negative experiences with Polarbtc and left conflicting opinions about it. You should examine it before making an investment because it appears that Polarbtc is an unreliable investment company. Read a complete Polarbtc review, and you’ll see that not all things are as good as they appear. We’re going to expose a scammer.
Website: https://www.polarbtc.com/
Address: 5 Churchill Pl, London E14 5HU, United Kingdom
Warning: Not Recommended By Review Website Like Scam Helpers
Regulated? Unregulated
Polarbtc uses standard FX scam framings and provides nothing particularly unique. This broker is a risk, as you will see in the evaluation that follows, which provides some much-needed information on several crucial components.
Polarbtc regulation and fund security
PolarBtc is a typical example of a rogue broker. It has a lot of confusing legal mistakes that, when put together, don’t make sense and cancel each other out.
The first one just says that the broker is “registered under the law” without giving any more information about what this “law” is or where it applies. Technically speaking, the relevant local legal frameworks also provide us with protection. But we are not here to market our services, unlike Polarbtc, which does so while neglecting to protect its customers.
The most important piece of information is the UK address in the footer. This shows that Polarbtc is registered and subject to rules in the UK. This knowledge is essential since neither statement can be true without the other. It makes sense why everyone wants to relocate to the UK: an FCA regulation is a mark of approval from one of the best in the industry. However, given how disgusting this broker is, Polarbtc does not have an FCA license and never will. We won’t go into more detail at this time. All that is required of you is that you understand that Polarbtc is not FCA-regulated and that its alleged registration is a deception.
Polarbtc trading software
We don’t have much to offer our viewers here without more proof of the software’s existence. The program seems to involve some kind of online trading. With all the options and functions, how can we be convinced that it is as smart as it promises to be? We honestly don’t think that any software exists.
Links to several outstanding MT4 and MT5 offering brokers that are far superior to this one in every way are the only things left to add.
Polarbtc’s processes and costs for deposits and withdrawals
Since the website has already gathered all payment-related data, it cannot be corrected. The information here can’t be checked on its own, and the trade payments can’t be found.
There is a $250 minimum deposit requirement, and as far as we know, there are no other fees of any type. There are no means of payment anywhere that we can find. That is all we have to offer. As an alternative, we may offer our clients actual, registered brokers, who need only a tiny minimum investment.
Regarding Polarbtc’s absence of further payment information, there isn’t much we can do or say. But our readers don’t need to worry too much about this because Polarbtc is illegal and a scam. So, it’s not worth it to invest, no matter what the payment methods are like.
What to do after being duped?
By submitting a chargeback request to your credit or debit card company, you have the best chance possible of getting your money back. The chargeback window for MasterCard and Visa is 540 days. However, this will only happen if you invest using a card or an e-wallet that allows card payments.
Since bank transfers are far more challenging to locate, your only choice is to speak with the bank directly and try to come up with a compensation strategy. There is no guarantee that it will, though. Change your bank account login and password as soon as possible if you find yourself in this circumstance.
Then there are cryptocurrency transactions, which are lost forever since they cannot be tracked. So, be careful when dealing with brokers who aren’t licensed and don’t use any payment methods that involve cryptocurrency.
Scammed by Polarbtc? Scam Helpers can help
Also, if you are a victim of the Polarbtc scam, or other scams like the forex scam, cryptocurrency scam, binary scam, etc., file a complaint here to get your funds back. Scam Helpers can process your complaint and help you in fund recovery. We should begin and determine the matter before the harm is considerably greater. Your one step can save you and other people from being cheated by such brokers.
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