EuroNext 360 Review: Reason why you should avoid this broker

Is EuroNext 360 Legit or Scam?

EuroNext 360 is a scam broker. Here are the red flags that expose their fraudulent activity:

• Unlicensed and Unregulated: EuroNext 360 operates without a license, raising a major red flag. Regulated brokers are subject to strict financial regulations and consumer protection measures, ensuring a safer trading environment.
• Blacklisted by the Central Bank of the Russian Federation: The CBR issued a warning against EuroNext 360, highlighting its fraudulent nature.
• Anonymous Ownership and Lack of Transparency: The broker’s ownership and location are hidden, raising concerns about their legitimacy.
• Missing Trading Conditions: EuroNext 360 fails to disclose crucial information like spreads, commissions, and leverage, making it impossible for traders to make informed decisions.
• Suspicious Software Downloads: The platform promotes downloading AnyDesk and TeamViewer, applications known to be exploited by scammers for gaining unauthorized access to user devices and information.

Company Overview

Services or Products

EuroNext 360 claims to offer Forex trading, CFDs on various assets like indices, commodities, stocks, and cryptocurrencies. However, due to their unregulated nature, the legitimacy and safety of these services are highly questionable.

If you have lost money to companies like Inftrade, or Puprime; please report it to us on our Report a Scam form.

Trading Platform & Leverages

EuroNext 360 provides a web-based trading platform with basic features like charts and indicators. The platform’s lack of advanced functionalities and prevalence of online platforms, susceptible to manipulation, raise concerns about the fairness and transparency of trading. Additionally, the broker avoids disclosing any information regarding available leverage, further adding to the red flags.

Spreads and Cost of Trading

EuroNext 360 keeps information about spreads, commissions, and other trading costs hidden, making it impossible for potential traders to assess the actual cost of trading on their platform. This lack of transparency is a significant red flag.

License and Regulations

EuroNext 360 is not licensed or regulated by any reputable financial authority. This means they operate outside the legal boundaries and are not subject to any consumer protection measures. As a result, traders have no legal recourse in case of disputes or fraudulent activities.

Legal Warning Against EuroNext 360

The Central Bank of the Russian Federation has issued a legal warning against EuroNext 360, flagging it as a dangerous platform and urging traders to avoid investing their money.

Deposit and Withdrawal Methods

EuroNext 360 accepts deposits and withdrawals through credit/debit cards, wire transfers, and cryptocurrencies. However, due to the unregulated nature of the platform, the security and reliability of these methods cannot be guaranteed. Additionally, recovering funds in case of scams becomes significantly more difficult, especially with crypto transactions.

EuroNext 360 Pros and Cons

Why Dealing With An Unlicensed Broker Is Risky?

Dealing with an unlicensed broker like EuroNext 360 exposes you to numerous risks:

• Loss of Funds: Unregulated brokers are not subject to any financial safeguards, increasing the risk of losing your invested funds due to scams or mismanagement.
• Unfair Trading Practices: Without regulatory oversight, these brokers can manipulate prices, execute unauthorized trades, and engage in other unfair practices to exploit traders.
• Lack of Dispute Resolution: In case of conflicts, you have no legal recourse to recover your funds or seek compensation due to the absence of regulatory bodies overseeing their activities.

Client Feedback

No genuine client reviews of EuroNext 360 were found online. The lack of user feedback further strengthens the suspicion surrounding their legitimacy.

How Can “Reviewsadvice” Help You If You Get Scammed?

If you have unfortunately fallen victim to the EuroNext 360 scam, “Reviewsadvice” recommends seeking professional assistance for fund recovery.

• Chargebacks: If you deposited using credit/debit cards, consider initiating a chargeback with your issuing bank within 540 days of the transaction.
• Wire Transfer Recalls: For wire transfers, attempt a recall if the transaction hasn’t been processed yet.
• Cryptocurrency Recovery: Recovering funds from crypto transactions is complex. “Reviewsadvice” offers consultations to guide individuals through this process.

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