Flowxseat Review: Learn More About Flowxseat.Com Scam
Flowxseat claims they are US based company that operates according to United States law. In order to be able to operate and be based in the US, you need to oblige their very strict laws and have a license, which Flowxseat doesn’t have.
While we were browsing through their website, we couldn’t find any useful information about them, the only thing we could see is that they offer you the possibility to invest in crypto.
And when we say nothing, it really is since there is no number you can reach, no email, and no address, the only thing you can do is send them a request and they will get back to you.
In this honest Flowxseat review, we will give you an in-depth insight into how this investment scam operates and all complaints about the broker that offers cryptocurrencies.
Is Flowxseat a Reliable Broker? Regulation and Security
We browsed through their website multiple times, trying to find any useful information regarding the company and how they operate. As mentioned above, there is nothing you can see or find about them.
They only mentioned in the section of the User Agreement that they operate according to United State laws. In order for that to be true, since the US has very strict laws, you need to have a license and regulation, which Flowxseat doesn’t have anywhere.
That alone can tell you they are scam broker who is just interested in taking as much as possible money out of you at any cost since they offer unauthorized financial services.
Sure, for inexperienced customers, their big words regarding security might sound very promising and not at all fraudulent. Truth on the other hand is very different, since they are just that, words that have been put there to just give you a false sense of security.
Broker’s Trading Software Overview
Flowxseat broker states they offer you the best trading experience when it comes to investing in cryptocurrencies. With their in-house made platform that gives you the possibility to manage your positions and create advanced orders, it can sound like they know what they are doing.
Sadly, it’s all a lie, since they don’t even have software that you can use for trading. This is mainly because on that so-called software, they have, you can just stare at different buttons that have no function.
We also came upon many customer complaints, stating that after they get access to the platform, they don’t have the option to do anything but just monitor stats. Surely, this doesn’t sound like the best trading experience they claim to offer.
Deposit and Withdrawal Process
As you have probably guessed, they only offer you the possibility to deposit using cryptocurrencies through a crypto wallet.
Many people fall victim to this type of transaction since they believe their crypto is safe and just moved to a secured wallet, but in reality, they just steal your money. On top of that, we came upon a lot of customer complaints regarding withdrawal issues.
They have stated that they are unable to withdraw their money and crypto back until they reach a certain turnover and then the agents just disappear. In case you have fallen victim to this type of scam, don’t feel ashamed, since getting your money back is possible you just need to report it to the authorities.
Flowxseat Offers Welcome Bonus
If you are new to the world of cryptocurrencies and investing, Flowxseat can look like a good idea since they allegedly offer a welcome bonus.
After taking a better and deeper insight into the welcome bonus they say they offer to everyone, we came to a completely different thing. Not only do you need to have an account in order to get a bonus, but you need to recommend people to be eligible for it.
In other words, Flowxseat is just a scam broker who wants to take money from you, but if that wasn’t enough, they also want you to refer people who they are going to scam as well.
How Is the Scam Implemented?
Like many other illicit brokers, Flowxseat has many different ads online that promise you quick and easy profits. The reality, on the other hand, is much different since they collect your personal information.
After they have that, they start with emails which then turn into phone calls every day until they get you on the line. Once they do that, their agents are trained to be persuasive and tell you whatever it takes to get you on board.
In case you have been scammed by this scam broker and their very pushy agents, don’t feel ashamed, since it can happen to anyone and you shouldn’t feel embarrassed to report a scam!
Flowxseat is just one of many online trading scams that state they offer the best experience but are only there to scam people.
Doing proper research about a broker is very important especially if you are new in the world of trading. After reading this review, you will know how to stay away from Flowxseat and others alike.
If you have any negative experience with this or any other fraudulent broker, we would be grateful if you could share it with us and always think twice before taking any risks while investing money.
Don’t feel embarrassed about reporting a scam!
FAQs About Flowxseat Broker
Is Flowxseat Regulated?
No, they don’t have any regulations. They offer unauthorized online financial services.
What Is The Funding Methods Available at Flowxseat?
They only offer you the possibility to activate your account through a crypto wallet.
Does Flowxseat Offer a Demo Account?
No, they don’t, they will push to start with the beginner one.