Noble Trading Reviews - Investigation for Fraud, Impersonation and Perjury – Fake Copyright Takedown Scam

March 11, 2022

                       

Noble Trading Reviews/ noble-trading.com reviews / Noble Trading Forex Broker




 noble-trading.com  – Investigation for Fraud, Impersonation and Perjury – Fake Copyright Takedown Scam

Beneficiary of Fake DMCA:Noble Trading Reviews/ noble-trading.com reviews / Noble Trading Forex Broker



Contact Info:Website :noble-trading.com
Possible Infringements:Perjury, Impersonation, Identity-theft, Misrepresentation
DMCA Report:https://www.lumendatabase.org/notices/25006878
Original Link:https://theforexreview.com/2021/08/31/noble-trading-com-review





















Fake Link/Website Used:https://coreymccoy1.blogspot.com/2021/08/noble-tradingcom-review-5-things-you.html











Submitted by:Corey McCoy
Date of Submission: 
August 31, 2021
Cue all manner of gaslighting, starting with a bunch of bogus DMCA takedown notices. I loosely keep track of DMCA takedowns filed to hide the scam done by this organization.  Noble Trading Forex Broker  really went to town with their efforts to hide the negative content on the internet.
Content Used In Fake DMCA By Noble Trading Reviews Forex Broker  - 
"Noble-Trading.com is anything but what the name suggests it is. Nobility is conserved only for regulated brokers and not for liars and cheaters. However, scammer brokers tend to boast and name their fraudulent websites with names that attract a larger audience"

HERE’S OUR INVESTIGATION REPORT

SO WHAT WERE THEY TRYING TO HIDE ?
 
"Noble-Trading.com is anything but what the name suggests it is. Nobility is conserved only for regulated brokers and not for liars and cheaters. However, scammer brokers tend to boast and name their fraudulent websites with names that attract a larger audience. It’s self-explanatory why they do this. As to this broker, we assure our readers that there is nothing special about it. It’s yet another unregulated company that tries to conceal its true value behind a somewhat visually pleasing website. But the formula works seeing that websites such as this one pop up every single day. Before you apply any skepticism we encourage you to look at the footer of the website. Did you notice that the website has not been updated since 2015? Now we ask you: Would a legitimate broker ever allow such a petty mistake?


Opening an account turned out to be impossible. Both the live and demo account creation subsections were not able to load. Now, this puts us in a very interesting position. First of all, we have to rely on the website for all of the trading conditions as well as payment conditions. But most importantly we have substantial proof that the broker is broken. How could you pride yourself on being a broker without having a functioning registration process?


As for the trading services we learn from the website that clients can trade with forex currency pairs, indices, and commodities. The EUR/USD spread indicated on the website claims to be 0.1 pips. We took this value from a sub-section of the site where a small charts revealed this spread. However, we know for a fact that such a low cost of trade is impossible. There is almost always a certain commission applied or the spread is fake. We also find another spread value claiming that the average cost of trade is 1.5 pips. Which of the two to trust? Neither. The leverage is kept at 1:400.


The broker is available in English only.


NOBLE-TRADING.COM REGULATION AND SAFETY OF FUNDS

Noble-Trading.com is said to be located in the British Virgin Islands. As an offshore brokerage location, we must say that it is always a risk to deal with such entities even if they have a regulator. As a matter of fact, the British Virgin Islands do have an FX regulator called the British Virgin Islands Financial Services Commission. However, we have one major issue. The website never states that the broker is actually regulated by this commission. It says on multiple occasions that the company is merely located in the British Virgin Islands and not regulated there. This silver lining is very typical of unregulated brokers and is a very confusing factor that will lead to many financial losses. And no, the broker is not regulated by the British Virgin Islands FX regulator.


Furthermore, there seem to be no legal documents at all. Now, legal documents are the binding legal connection that makes a stable relationship between a client and a broker possible. Take them out, and what you get is an unstable relationship and a broker that can manipulate you in any way it sees fit. This is the way we picture Noble-Trading.com.


So what have we learned about Noble-Trading.com? It is unregulated and a risk to all. Simple as that.


Investing in unregulated brokers is basically throwing your money out of the window. They will very rarely return your money, and even if that happens it would cost the user an incredible amount of headache and time.

That is why we encourage users to only trade with regulated brokers. Please, once you enter a broker that you think is worth investing in always check for a license before doing anything else.

We recommend UK, EU, US, or Aussie brokerage firms. All such regulated brokers are very trustworthy and offer safe and secure trading grounds.

Furthermore, agencies like the FCA and CySEC offer user compensation funds that are applied only when the broker at hand is not able to pay back to user due to insolvency. CySEC guarantees up to €20 000 per person, while the FCA guarantees up to £85 000.


NOBLE-TRADING.COM TRADING SOFTWARE

If you were hoping to get information on a trading software, you are not in luck. The only thing that we have here is a claim that the broker offers the MT4.


There is no real proof of the existence of the trading software only a couple of assertions that it does exist.


But how can we trust a broker that is unregulated and illegal and probably a scam? We cannot.


NOBLE-TRADING.COM DEPOSIT/WITHDRAW METHODS AND FEES

The only place where we can get any deposit and withdrawal information was the deposits and withdrawals subsection of the website. The minimum deposit is $100 and the payment methods a bank transfer and credit cards. There is a 2% deposit charge when using credit cards.


Withdrawals happened with the same payment methods and take up to 2 days to process. There is a $30 fee if the withdrawal amount is less than $1,000.


This broker is definitely not worth your money. Do not invest here.


How does the scam work?

It’s almost ironic that’s one of the most popular ways to get scammed by a forex investment fraud is incredibly simple to grasp. If you look at it constructively, the way a scam works is that it follows a couple of incredibly simple steps that nevertheless take a lot of experience and authority to pull off.


In fact, investment scams are so effective not because of the way they are structured but because the people that are behind them are very talented at human manipulation. They have an arsenal of psychological and behavioral tricks.


Indeed, the hardest part of any scam is to actually be introduced to the scammer in person which happens most of the time by phone but it can also occur by email correspondence.


The quickest and most effective tool they have is online ads. Fake and misleading ads are ubiquitous over the internet. They continually evolve into becoming more and more legitimate-looking while retaining their complete scammer nature. Everybody has seen at least a couple of these ads: they promote a carefree life, luxurious products on the go, beautiful women, and other very expensive and realistically unattainable stuff.


Behind these ads are the investment scammers. Once you end up on the website you will be asked to provide a phone number or an email address for the sole purpose of being contacted by the broker.


The representatives of the scam will ask you to invest. He or she will use an array of tactics to make you invest. This is a solicitation and nothing else. Investing an initial deposits will build trust with the scammer and can potentially lead to more and higher investments.


If the user continues to invest and trusts the broker, he or she will continue to invest money that will be very hard to retrieve.


And once the time comes to actually get your money back or at least withdraw a profit, the true scammer nature of the company will reveal itself. The broker will either block your accounts, close off all communications with you, shut down the entire website, or stall all requests. At times it can even pay you back a percentage of your deposit and profits in order to create a false sense of security.


What to do if scammed?

Now, the quickest way to get your money back is to file for a chargeback with your credit or debit cards provider. However, this applies only to those users that have actually lost money by means of a card. MasterCard and VISA have a chargeback period of 540 days.


Bank transfers are harder to get back. First of all, we always encourage users to immediately change their bank account username and password. And then to contact the bank itself and try to find a solution to the problem together. The banking institution might have a specific section that deals with similar issues.


One sure way to lose all of your deposit is to invest in a regulated broker via any sort of cryptocurrency. Even in today’s world, crypto transactions are untraceable making crypto deposits the most popular investment gateway used by unregulated brokers. All funds invested through a crypto wallet are definitely lost.


And a warning to all readers! Do not trust the self-proning all your funds are as misleading as the broker scam itself. They will take the initial fee charged for the false services and will disappear with the money.claimed recovery agency or agencies whose promises of retu"

Read More Investigations 


This complaint and/or review was posted on our website on Mar 011, 2022 and is a permanent record located here:https://perjuryfakedmca.blogspot.com/2022/03/noble-trading-reviews-investigation-for.html.

It may not be copied without the written permission. This investigation on Noble Trading is submitted and written by one of our members. Any and all opinions and information are published as is. We do not edit or remove any aspect of the report and is merely a free-speech platform. 

As such, we cannot be held liable for the investigation reports and articles posted about Noble Trading.


Here are some of the outcomes and changes we made possible with the help of several other citizen lawyers and agencies –

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