When it comes to trading, choosing the right broker is as important as choosing the right asset to invest in. Compound.vin is one such scam broker that you need to avoid at all costs. In this article, we will provide a comprehensive review of Compound.vin, discussing its services, products, trading platform, license and regulation, and client feedback.
Company Overview
| Broker Name | Compound |
| Website | https://compound.vin |
| Location | Unspecified |
| Regulation | Not Regulated |
| Warnings | Multiple |
Team
We found this on their website. When we searched with the team members’ names, we found some videos by their CEO which seems fake and made up for scams.
Services and Products
Compound.vin offers Defi services. However, the company’s website provides very little information about these products and services, which is another cause for concern.
Trading Platform
There was no clear information regarding their trading platform mechanism or kind. If you try to get started with their platform, you will be redirected to a closed page.
License and Regulation
License Status
Compound.vin is not licensed by any regulatory authority, which is highly unusual and raises major concerns about the legitimacy of its operations. They don’t have an “About Us” page to show the license or authorization regarding their company.
Regulation Status
Compound.vin is not regulated by any governing body, which means that its clients have no protection against fraud, mismanagement, or malpractice. When we tried to find their regulation confirmation from other regulatory organizations, we found nothing. It is clear that they are not regulated.
You also can go through our other scammer lists such as the SEC Blacklisted Companies, FCA Unauthorised Firms List, ASIC Blacklisted Companies, & Bank Guarantee/SBLC Review.
Why Should Not You Trust An Unlicensed Broker?
Choosing an unlicensed broker is a recipe for disaster. A licensed broker is subject to a range of rules and regulations that ensure transparency, accountability, and fair dealing. An unlicensed broker, on the other hand, has no such oversight, which means that it can engage in fraudulent or unethical behavior without any consequences.
Legal Warnings Against Compound.vin
As they are relatively new, there are no current warnings against them. But we received several complaints against them, which we will show in the later section.
Client Feedback About Compound.vin
You may find some happy clients on their website, but you can say with a closed eye that they all are fake.
These reviews don’t have their company name mentioned. We picked just one image for an example and searched with that on Google. The result is:
This man’s image has been used for different names and occupations. It is clear that these reviews are completely fake.
About Their Trading
Clients have reported that the trading conditions on Compound.vin are unfair, with the company manipulating prices and spreads to its advantage. This means that clients have a very limited chance of making any profits, let alone recouping their investment.
About Their Customer Service
Clients have repeatedly complained about the poor quality of customer support on Compound.vin, with slow response times and unhelpful staff. This lack of support exacerbates the frustration of clients who are already dealing with poor trading conditions and slow withdrawals.
How Can Reviewsadvice Help You If You Get Scammed?
If you suspect that you have been scammed by Compound.vin, you can turn to Reviewsadvice for assistance. You can submit your scam case through our website form. We will then evaluate your case and will provide you with a free consultation and service recommendations to help you in recovering the lost fund.
Final Thought
It is clear that Compound.vin is a scam broker that you should avoid at all costs. Its lack of proper licensing, poor trading conditions, unresponsive customer support, and fraudulent activities make it a dangerous choice for anyone seeking to invest their money. Stick with licensed and regulated brokers that have a track record of transparency, accountability, and fair dealing.
