BrokerOfficial is an infamous Forex and CFD brokerage firm. It claims to offer a wide range of financial assets for trading. The broker does not support popular MT4, works on a simple web-based trading platform. The minimum deposit is a hefty $1000 to open a line account and has leverage up to 1:200.
Is BrokerOfficial Legit?
BrokerOfficial is an unlicensed broker operated by Astercap Ltd., a company based in the UK. The entity does not operate under any respected financial authority. Thus, the broker seems to unlawful and works autonomously.
How Safe Is It To Invest Your Money With BrokerOfficial?
As per research, BrokerOfficial turns out to be a bogus platform, and this considerably degraded the reputation. The official website is down and seems that the entity is out of business. Investing with such an unlawful entity will surely give unfavourable returns.
What To Do When Scammed By BrokerOfficial?
BrokerOfficial has not received much conclusive feedback from the investor. It has faced allegations of being a scammer. Commodity Futures Trading Commission (CFTC) has issued a warning against this broker. Sadly, if your money is being duped by BrokerOfficial, contact us. We will make sure you get back your funds.