Cupiro Broker Review

Cupiro is a relatively new broker on the financial market that promises safety, security, professionalism, and more. However, traders received no mention. Our Cupiro review will help you understand why we do not recommend trading with this firm. Not safe and not trustworthy, we would say.

You can also read our scam broker reviews for Noor Capital, XPro Markets, and InvestAtlas. There is no doubt in my mind that they are putting your money at risk.

1. Scam Broker Status: Off-shore
2. Forex Broker Regulation: Unlicensed / Unregulated
3. Websites of scammers: cupiro.io
4. Operational Status: Active Forex Trading Scam
5. Scam listed by: N/A
6. Owner of the broker:  Rebelism Limited
7. Country of headquarters: British Virgin Islands
8. Funding Year: 2021
9. Platform: WebTrader
10. Mobile Trading is not available
11. Amount of the deposit bonus:  N/A
12. Cryptocurrency Trading: Available
13. Trading CFDs: Yes, you can trade CFDs
14. Trading Instruments: Forex, commodities, indices, shares, cryptocurrencies
15. There is no Islamic account available
16. No demo account, only live trading accounts are available
17. The company does not accept US clients
18. This broker is a scam, don’t invest in it!

Is Cupiro Crypto and Forex Trading Scam?

Cupiro Forex is a brand owned by Rebelism Limited, a company registered in the British Virgin Islands. In every case where we investigated an offshore broker, we found that customers had issues. It was for this reason that the headquarters raised a red flag. 

Moreover, the firm has no license from the BVIFSC. The FSC is a Tier3 regulator, among the loosest license providers with the lowest requirements. We were confident that if a broker couldn’t meet even these requirements, it wouldn’t be licensed.

We verified our suspicions after checking Cupiro’s regulations. This broker has no Tier1 license providers, including the FCA, ASIC, BaFin, and CONSOB.

There is no legitimacy to Cupiro as a broker. This offshore company has no financial license and is based offshore. Trustpilot has removed their reviews because they were fraudulent. They have a consumer index of 1, indicating that you should not trust them.

Where Is Cupiro Trading Scam?

The Cupiro trading scam has been operating since November 2021, mainly in:

• UK
• Canada
• Spain
• Netherlands
• Poland

Also, you need to be aware of scammers such as SafeCryptoWorld, Firmon, and Trader House. If you have been a victim of fraud, please share your story with us.

How Does This Scam Broker Contact Victims?

A scam broker has its way of contacting and persuading victims to invest. As a broker, Cupiro advertises on Google, Facebook, and Instagram and collects client information from these channels. 

As soon as you sign up, you can expect many unsolicited calls and emails with trading offers and promotions. If you register through an online campaign, such as Bitcoin Revolution or Tesler, you may still end up with Cupiro. You are usually selling data to fraudulent brokers.

You are still vulnerable to fraud even if you haven’t signed up for online Trading. Some brokers create fake accounts on Facebook, Instagram, and even dating apps like Tinder and Bumble. In the next step, they maintain contact with victims for months, trying to persuade them to invest with them. If you know someone only virtually, be careful and never invest your funds with them.

What Can Cupiro Fraud Victims Do? – Start the Money-Back Process

Please let us know if Cupiro has scammed you. Our chargeback specialists would be glad to hear from you and assess your case in a free consultation. It is not the end of the world if you have been a victim. You don’t need to feel ashamed. So, please report it as soon as possible so that the proper assistance can be provided.

So, now is the time to act, so let’s get started.