En Rev Broker Review

En Rev Broker Review – Be Careful With The En-Rev.com Trading Scam

En Rev claimed to have over 340 thousand clients, which made us wonder what it had to offer. Would it be so great to have a daily trading volume of $90 million and be successful in numerous countries? I’m afraid not.

You can understand this illicit investment firm’s scheme by reading our honest En Rev review.

But before we proceed, we encourage you to look at our recent scam broker reviews of Brokeragea, Tradon, and IndexEvolve’s. You will save time, money, and nerves!

1. Scam Broker Status: Unregulated
2. Regulated by: Unlicensed Company / Unregulated
3. Websites of scammers: En-Rev.com
4. Forex Trading Scam: Active
5. Listed as a scam by CySEC
6. Owner of the broker: N/A
7. The Czech Republic is the headquarters country.
8. Year of foundation: 2018
9. Proprietary Web-based trading platform
10. Trading on mobile devices: Available
11. The minimum deposit: $1000
12. Bonuses on deposit: None
13. Trading of crypto assets: BCH / BTC / DSH (nine cryptos available)
14. Yes, CFDs can be traded
15. Many trading instruments are available, including Forex (FX), indices, shares, and cryptocurrencies (Crypto).
16. Maximum leverage: 1:100
17. Accounts are not available for Islamic funds.
18. Demo account: No, only live performances are available
19. Clients from the US are not accepted: The company does not accept US traders.
20. Global Fraud Protection Experts’ Verdict: Stay away from this broker!

Is En Rev Regulated? – Why Does It Matter?

If something happens wrong with your brokerage, you can file a complaint with the regulator, who will then use a compensation fund to return your funds. Some brokers, however, don’t bother obtaining a license, resulting in many people being scammed without restitution.

Everything about broker EnRev sounds lovely. It is reported that the company has been licensed by Cypriot CySEC, Belizean IFSC, and Mauritius Financial Services Commission. We noticed that the official headquarters was in the Czech Republic, so something seemed strange.

What’s Wrong With A License? – Beware Of Fraud

Since this is more practical, brokers usually obtain licenses in the country where their headquarters are located. Because of this, we found it unusual that EnRev’s regulation came from a Cypriot regulator rather than a Czech one.

Upon checking CySEC’s website, we found that license number 475/27 does not exist and that the company is a scam.

Warnings Against En Rev Fraud

Having been contacted by numerous En Rev complaints to CySEC, the company decided to publish a warning since it claims to be CySEC-regulated.

Official Warning Issued by CySEC – Evidence of Fraud

The CySEC issued a warning after discovering the En Rev trading scam and its fake presentation, adding en-rev.com to its list of unregulated domains. CySEC won’t be able to reimburse clients for any losses related to this firm, so they know the regulator doesn’t license them.

Where Is EnRev Trading Scam Active?

Reviewing EnRev’s operations, we found that it primarily operates in:

• Norway
• Denmark
• Sweden
• France
• Italy
• Spain

As all these countries are in the EEA zone, we can only assume that scamming clients in this area led to the company obtaining a CySEC license and falsely presenting itself as a broker.

However, Some brokers are just unscrupulous and will do anything to steal money from their clients.

Additionally, we can assist you if you have already deposited money with a fraudulent broker such as FXBullion or Fondex.

Scammed By En Rev Broker? – Talk To Our Recovery Experts

We can only conclude that you’re not the only victim of the En Rev scam. Global Fraud Protection is here to help those who have fallen for the excellent story.

Our refund specialists will find your best refund solution if you contact us via online chat.