Profits Vision is not a scam. How to recognize fraud?
Barry Copeland
01 / September / 22
Visitors: 471
Why Profits Vision is not a scam? The content of the article:
- The Profits Vision fraud protection team tells about the most common scam schemes: the fraudster usually uses one of these two techniques.
- A quick reference from Profits Vision: fraud starts with a call
- Profits Vision fraud review: Two deceptive maneuvers used by fraudsters
- The Profits Vision fraud protection team: Conclusion
The Profits Vision scam protection team tells about the most common scam schemes: the fraudster usually uses one of these two techniques.
Trading is becoming more popular - and the creators of scams are also on the alert. As a rule, small investors who do not have the means to hire qualified lawyers and do not have enough knowledge to determine fake earnings schemes on their own are the victims of fake offices. Today, it has become even easier to fall into the trap - as the threshold for entering the market of currencies, stocks and indices has dropped significantly. Now you can start trading with a thousand euros, but just as quickly you can lose it.
How do you know that you are not dealing with a stockbroker, but with a villain? According to the security specialists of the Profits Vision scam protection team, it is quite easy to calculate a scam. Based on the results of expert monitoring, we will outline two of the most popular cheating schemes.
A quick reference from Profits Vision: scam starts with a call
In a nutshell, we will tell you about the company Profits Vision legit broker that acted as an expert in the preparation of this material.
Profits Vision legit broker offers a high quality trading environment from which you can manage all your funds. Profits Vision legit brokers services guarantee lightning-fast execution on secure servers, giving you access to a variety of markets and instruments.
Profits Vision legit broker for day trading gives you a choice of several trading assets in which you can invest money:
Stock
Trade stocks all over the world. Take advantage of our low margins and become part of the company.
Crypto
Access over 60 of the most popular cryptocurrency pairs and easily manage all your funds from one account.
Forex
Trade the most popular currency pairs such as EUR/USD, GBP/USD and EUR/GBP.
Indices
Trade on the price execution of a group of stocks. Predict markets and capitalize on longer-term opportunities.
Precious metals
Get access to the precious metals markets. These markets are known to offer great security and include trading in gold, silver and other precious metals.
Since its inception, the group has been monitoring the fraud market. The position of Profits Vision: fraud must not only be eradicated by the police but also must be fought at the level of each trader. Namely - to be able to recognize dubious sentences from the first words.
Profits Vision scam review: Two deceptive manoeuvres used by fraudsters
The time when a scam could be guessed by the manner of a broker's communication is over. Today, only the most naive of investors are “led” on colorful promises to receive 600% per annum.
What, then, are the fake advisers luring into their traps? Just by my ability to talk about investing. Scammers learn how to correctly answer traders' questions, understand market strategies and can even make the simplest of predictions. What, then, is the essence of deception?
Profits Vision scam protection team warns: as a rule, the goal of a fraudulent scheme is to collect more deposits that customers make to the accounts of a non-existent company. For an investor to decide to invest his money, he needs to be persuaded to do so. Because the more qualified a “company representative” seems, the more likely he is to inspire confidence.
Profits Vision scam review: There is no spoon
Let us recall how in the film "The Matrix" the main character is told that matter does not exist in the immaterial world. The same example applies to victims of the most sophisticated yet dangerous fraud scheme: a dummy trading platform.
The essence of the scheme: scammers hire programmers and create an imitation of a trading platform. Such a platform can even periodically "adjust" its data to the general market rates. However, all transactions on it are nothing more than fiction. Why make the task so difficult? Alas, as said, the scam scheme is not designed for beginners, but for traders with some minimal experience who have already tried trading (and who are ready to invest more money).
The fake platform is not suspicious at first. The client installs it after opening an account and transferring the leverage to the broker company. However, his money will not end up in the accounts but will end up in the hands of fraudsters.
Meanwhile, the investor will start “selling” and “buying” assets. At some point, it turns out that the deal "does not go through" and the amount needs to be increased. At this stage, the fake broker will try to persuade the client to deposit money into the account. Until the investor understands the scheme, he can continue to increase the deposit. As soon as he has doubts and he starts sounding the alarm, the manager will stop answering calls, or even the phone will be disconnected, the personal account will be blocked.
Profits Vision scam review: Great Expectations
The first thing scammers play on is a person's desire to get rich and solve all their problems in one fell swoop. As explained Profits Vision: fraud usually starts with simple promises: for example, Profits Vision legit broker talks about how the shares of large companies sag and rise in price, subtly citing examples of their alleged clients who managed to make money on such fluctuations.
If the listener believes, the fraudster applies a second trick: he begins to "shoot at point-blank range" with numbers. For example, it often happens that a swindler cites an example of an investment that brought someone 3% of their income per day. "This is how many percent a month!" The swindler exclaims. And the victim believes, after all, as soon as he googles the latest news, it becomes clear that the shares of a certain company gave plus 3%.
However, there are two things to keep in mind. First, it is incorrect to multiply the profit per day by thirty and receive a “profit” per month, since the stock not only grows, but also sags, and this is a continuous process. To put it simply, there is no 90% income per month (let alone 200% or 300% that comes across in advertisements). And the second important point: the commissions that each brokerage company charges for their services. Some even legitimate intermediaries have draconian commissions.
Profits Vision scam review: Conclusion:
Fraudulent schemes can be calculated without the involvement of specialists. To do this, you need to conduct a small investigation and check information about the company on the Internet. Also, do not believe in promises of large profits, because the market laws are quite harsh and you can only make money if you have a good strategy.
Haynes Brian
12.09.2022It’s scary to meddle alone. But I read with the guys that the bad opportunities were spinning there.
Foster Paul
14.09.2022I have 9 months of work behind me. I wonder what will happen next. So far, he is inclined to sympathize Profit visions.
Gallagher Charles
29.09.2022The execution of orders is almost instant, which is very important. The minus did not go away, although there were drawdowns.
William Anderson
12.10.2022Profit visions He became for me already the third broker, on which I, in fact, stopped. Here the commissions are much more profitable, plus the company itself has existed for a long time, you feel that it is safe.
Clayton Brown
16.10.2022It’s scary to meddle alone. But I read with the guys that the bad opportunities were spinning there.
Mark Mendoza
20.10.2022I have 9 months of work behind me. I wonder what will happen next. So far, he is inclined to sympathize Profit visions.
Quinn Spencer
18.11.2022The exceptional quality of the platform. Exceptional process automation. Exceptional support. The quality is built into everything that these guys do.
Walton David
23.11.2022Inexpensive broker. The mobile application and reports are not very intuitive to use, but the prices for margin and some functions are quite pleasant. In general, I will probably use Profits vision in the future instead of other brokerage accounts that I have.
Webster Ethan
26.11.2022I was looking for non -traditional investments and looked at Profits vision. I liked what I saw, so I registered. It was fast and easy to install and start work. In about 30 minutes I created an account, passed verification and made my first investment. The application is easy to use, has a pleasant appearance and sensation, and makes the investment simple. Exactly what I was looking for.
Jordan Stuart
11.12.2022I came to Profits Vision recently. I have a long relationship with the Forex market. I traded a lot where and with whom. I have something to compare the conditions of this company. There are good spreads, speeds. Does not slow down anything. A comfortable environment for trading. Nothing special, but there is nothing terrible either.
Franklin Steven
18.12.2022I would also like to draw the attention of the Profits Vision broker, which is quite convenient input and output systems, but I would like to have somehow simplified the display systems on the card. So far, everything remains is not very convenient due to a mandatory return. I hope that Profits Vision will be able to ensure that the client can withdraw any amount.
Brooks Brian
22.12.2022I liked what Profits Vision offers on the demo, opened a real mini account, to this day I cooperate. Everything is debugged and works fine. After installing the application, I install the settings for convenience.