✔️ Information reviewed and updated in March 2024 by Eduardo López
IS CW RELIABLE? OPINIONS
In this post I will analyze CW. Is CW cryptocurrency broker (with cwexpro.com website) really reliable? Is it safe to invest your money with this company? I will examine this company in detail.
I will explain to you why I think CW is an UNSAFE company AND I CONSIDER IT TO BE UNRELIABLE. BE CAREFUL WITH THIS KIND OF COMPANIES!
ℹ️ BROKER DATA:
Here are two things that I would like to highlight, (1) the first thing that is important to know is about its regulation and (2) the second is the location of the company. These are two data of vital importance to be able to measure the seriousness and reliability of a company.
Does the company have no regulation or is it regulated by an unserious country? Is the company located in an unreliable place or does it not mention where it is located? These are questions that every investor should ask about the reliability of the company.
|About the company
|Mention being located in the United States
|️ ️ Phone number
|Does not have
|📧 Email Address
|Does not have
|???? Live Chat
|💳 Payment methods
|❓ Company type
📞 LIST OF PHONE NUMBERS:
The company does not mention any contact telephone number. The lack of means of contact makes me a little nervous. It is not normal.
💰 DEPOSITS AND ACCOUNTS:
CW does not offer different types of accounts.
🌐 WEBSITE – WEBSITE:
Below you will see the company's website and a small analysis about the website:
- Age of the website: the domain “cwexpro.com” was registered on September 29, 2023. That is, it is a website that is not very old. 🚩
- The website mentions which company it belongs to, but I have not been able to find “CW, Inc.” in company records. I think it may be a fake company. 🚩
- As I mentioned before: the company does not mention being regulated, which makes me think that it is an unregulated company. 🚩
⭐ CW OPINION:
After having carried out an analysis of the company, I have come to the following conclusions:
1) The company mentions being located in the United States, but I think they are trying to mislead about their location. I recommend extreme caution.
2) The company does not mention being regulated or anything about its regulation. I understand that it is a UNREGULATED company.
3) I think the company has very little seniority or history. As I mentioned, I was able to check that the domain “cwexpro.com” was registered on September 29, 2023. It is very recent.
4) The company has a very bad reputation on the internet, I have already been able to find customer complaints.
5) The company has been reported by the following financial regulator(s): FMA, Austrian Financial Markets Authority. It is a very unsafe company, be careful.
“To be honest with you, I would not invest in this type of company: it is not regulated. He mentions belonging to a company CW, Inc. which apparently is a fake company. I honestly cannot recommend a company of this type.”
💬 WHAT TO THINK OF A COMPANY LIKE CW?:
The lack of transparency on the part of CW, a broker that presents itself as operating from the United States, raises serious concerns for investors. The dearth of relevant information for clients is always a cause for caution, as transparency is essential to building a relationship of trust in the world of investments. The uncertainty surrounding the authenticity of the company's stated location in the United States adds an additional level of risk for those considering investing through CW.
The situation becomes even worse when we discover that CW has been reported by regulator FMA, the Austrian Financial Markets Authority, for fraudulent activities. The FMA is a regulatory entity recognized for its role in protecting investors and supervising financial operations. The report of fraudulent activities is a serious red flag and suggests possible unethical practices on the part of CW.
Given these findings, investors are strongly urged to exercise extreme caution when considering any interactions with CW. The combination of a lack of transparent information, a dubious location, and an allegation of fraud underlines the importance of due diligence in the investment decision-making process. It is highly recommended to look for safer and regulated alternatives to safeguard financial assets and avoid possible risks associated with disreputable investment platforms such as CW. The motto here is to be very careful and prioritize prudence in the complex investment environment.
📣 LATEST UPDATES:
1) December 2023 Update: la FMA, Austria's Financial Markets Authority, has denounced CW.
✔️ CLAIM MONEY FROM CW:
If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.
We work with a capital recovery service. here you can recover your capital.
In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.
If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.
🚨 REPORT TO CW:
If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:
🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch
🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch
🇨🇱 Chile: the financial regulator is CFM, here you can get in touch
🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch
🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch
🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch
🇺🇸 United States: the financial regulator is FINRA, here you can get in touch
🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch
🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch
🇵🇪 Peru: the financial regulator is SBS, here you can get in touch
If your country is not on the list, leave a comment and I will gladly help you!
❓ FAQS – FREQUENTLY ASKED QUESTIONS:
CW is a cryptocurrency investment broker.
In my opinion it is, I think it's a scam. Taking into account different characteristics of this company, I must qualify it as a very bad and very unsafe one.
CW is a company that I consider NOT RELIABLE. It has characteristics that make it a very unsafe company: be very careful.
If you have lost your money or been scammed, I recommend you try the capital recovery service.