Sprinter Core is a forex and CFD broker that claims to offer a variety of trading services to clients around the world. However, there is growing evidence that Sprinter Core is a scam broker. In this article, we will take a closer look at Sprinter Core and explain why you should avoid it.
Company Overview
Sprinter Core is a relatively new broker, having been founded in 2022. The company is established in the USA, but it does not have any regulatory licenses. This means that Sprinter Core is not subject to any oversight or regulation, which makes it a very risky broker to trade with.
The company’s website claims that it is a “leading provider of forex and CFD trading services”. However, there is no evidence to support this claim. In fact, there are many complaints about Sprinter Core online, from clients who have lost money trading with the broker.
Team
The team behind Sprinter Core is anonymous. There is no information about the company’s management or founders on its website. This is a red flag, as legitimate brokers always disclose this information.
Services or Products
Sprinter Core offers a variety of trading services, including forex trading, CFD trading, and binary options trading. However, the company does not provide any detailed information about these services. This makes it difficult to assess the quality of the services offered by Sprinter Core.
License and Regulations
As mentioned earlier, Sprinter Core does not have any regulatory licenses. This means that the company is not subject to any oversight or regulation, which makes it a very risky broker to trade with.
License Status
Sprinter Core is not licensed by any of the major regulatory bodies, such as the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), or the Securities and Exchange Commission (SEC) in the US.
Regulation Status
Sprinter Core is not regulated by any of the major regulatory bodies. This means that the company is not subject to any oversight or regulation, which makes it a very risky broker to trade with.
Why Dealing With An Unlicensed Broker Is Risky?
There are many reasons why dealing with an unlicensed broker is risky. Here are a few of the most important reasons:
- Unlicensed brokers are more likely to be scams.
- Unlicensed brokers are not subject to any oversight or regulation, which means that they can do whatever they want with your money.
- Unlicensed brokers are often located in offshore jurisdictions, which makes it difficult to track them down if they scam you.
Legal Warning Against Sprinter Core
The Financial Conduct Authority (FCA) in the UK has issued a warning against Sprinter Core, stating that the company is not authorized to provide financial services in the UK. This warning is a serious red flag and should be a major reason to avoid Sprinter Core.
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.
Client Feedback
There are many complaints about Sprinter Core online, from clients who have lost money trading with the broker. These complaints allege that Sprinter Core is a scam broker that is simply taking people’s money.
Feedback About Their Trading
The feedback about Sprinter Core’s trading is mixed. Some clients claim that they were able to make money trading with the broker, while others claim that they lost money.
It is important to note that there is no way to verify the authenticity of these claims. It is possible that the positive reviews are fake, while the negative reviews are genuine.
Feedback About Their Customer Service
The feedback about Sprinter Core’s customer service is overwhelmingly negative. Many clients complain that they have had difficulty withdrawing their funds from the broker.
How Can “Reviews Advice” Help You If You Get Scammed?
If you have been scammed by Sprinter Core or another broker, you can submit your case to the relevant financial authority and the nearest law enforcement agency. Finally, you can contact us to get quick help.
Our experts will evaluate your case and will provide you with a quick solution to help you in recovering the lost fund.
Final Thoughts
Above, we already showed you why we are calling this broker a scam. If you are thinking of investing with this broker, you should reconsider. You should do more research and read more reviews to get a perfect and trustworthy investment platform.
