Cake Pte. Ltd Broker Fund Recovery – Complaint form
Detailed Cake Pte. Ltd Review 2022 – Potential Scam Broker 2022
Broker Website- cakedefi.com
Warned By- Federal Financial Supervisory Authority (BaFin)
Today there are uncountable number of trading scams including Forex trading scams, Binary trading scams, Cryptocurrency scams, Bitcoin scams, Romance scams, etc. According to our research and findings, many of this broker’s clients lose their deposits. Fraud Reports Online does not recommend the investors to trade with the broker as the loss percentage with them can be higher than that of other trading brokers.
There are many suspicious things when we go the details of this broker.
From unclear information to all the way of the company’s suspicious activities, it is suspected to be a potential scam broker. We suggest our readers to avoid transactions with this broker as it is claimed to be not a trustworthy trading firm. Here, our expert team has done the full research on the cakedefi.com scam and came up with the required information. This Cake Pte. Ltd review gives all the reasons as to why you should avoid investing with the broker. Please note that the findings are based on the information available on internet through trader reviews, complaints received and warnings from the regulating authorities. It is up to the trader to take his/her decision to trade with this broker.
Cake Pte is owned by Cake Pte Ltd. According to the German regulatory – Federal Financial Supervisory Authority (BaFin), Cake Pte is unauthorized and is targeting innocent investors. So if you are looking to trade with this broker, stop now and think again.
Cake Pte. Ltd Review – Broker at a Glance-
The regulation status of the broker is the salient feature that does not only ensures the legitimacy of the broker but also offers the safety of the funds. Here, the broker seems not to be regulated by any financial authority. It gives a clear indication of the broker being involved in forex scam activities. Investors should check the our Scam Broker 2022 list, and be aware that the warning given by the financial regulators such as CySec, ASIC, FCA, CNMV, FINMA, etc to the scam brokers are true in their sense and one should not go ahead with the investments with those firms.
Details of Cake Pte. Ltd Scam –
According to the reviews, the investors have nothing good to say about the scam broker. The traders are mostly complaining about the broker with regards to the withdrawal issues, unclear terms and conditions for trading, misleading information on the website, etc. The number of complaints has been registered by the clients, stating the number of issues. Furthermore, the negative reviews and low star ratings conclude that the broker is not up to the expectations of the investors. This Cake Pte. Ltd review makes it clear that the clients are not satisfied with their services.
How we recognized that Cake Pte. Ltd Broker is a scam –
The Cake Pte. Ltd broker has one or more than one of the following features.
- The broker is making some false claims on their website in order to gain the trust of the investors.
- The regulations and rules are not clear of the broker, stating the unsafety of funds.
- The inability of traders to have smooth communication with the broker and the customer care executives.
- Located in the countries and small islands with no proper regulation where getting registered is easy.
- The promises made by the broker are too good to be true on the basis of returns and earnings.
- Very little or no information is available on the website with regards to the risk warnings.
- Find it difficult to make a withdrawal, as the broker comes with new policies every time.
File a Complaint Against Cake Pte. Ltd broker.
If you have fallen prey to a Cake Pte. Ltd scam or similar bogus broker, remember that you are not the only one being scammed. There are plenty of traders going through the same. The scam brokers have their methods and techniques of defrauding their clients and disappearing. But, there is always a solution. The investors can take immediate action against the fraud broker by filing a complaint with Fraud Reports Online. We, with our experience and expert knowledge, are here to guide you in a smooth manner.
Also report your case here, if you are a victim of forex scam, cryptocurrency scams, romance scams, tax scam, pension fraud or any other.
File a complaint and tell us your case. Let’s get your lost funds back now!
Chargeback is one of the most remarkable defenses against unapproved exchanges and scams. It’s a switched installment through your card’s organization.
What is Chargeback?
After disputing a charge, a chargeback helps to get your money back to you. It is generally connected with a wire transfer, credit card, etc.
A Chargeback service like Fraud Reports Online collects an exact and cautious chargeback case that will help you to quickly get your money back.
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