Rating Forex / Brokers / The Calloway Software

The Calloway Software

Cheated by a financial organization, does not withdraw money? Do you want to check the financial company?

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    What is known about The Calloway Software trading platform - broker review, reviews of money theft

    An examination of the broker The Calloway Software did not clarify what the site actually does. It positions itself as the leading international platform for trading on all world stock and cryptocurrency exchanges. The terms of trade are not specified there. But at the top of the page there is an advertisement that they give a bonus of $250 on a deposit.

    The platform doesn’t say anything about account types. But scammers post reviews supposedly from traders. Their names are fictitious, and their photos are taken from photo banks and social networks.

    In the footer of the site there is no mention of legal documentation, which means only one thing – the office does not have a license or regulator. It was not possible to find out in which country the company is registered. The office address is not specified. There are no contacts for communication. If you need to create a technical support case, customers are asked to fill out a feedback form.

    Status

    SCAM

    Year of foundation

    2023

    Affiliate program

    No

    Regulation and jurisdiction

    No

    Company Features

    The Calloway Software is a trading platform that promises a profit of 60% of the deposit daily, providing clients with access to all international financial exchanges.

    Official site

    callowaysoftware.net

    Contacts

    No information

    Pros
    • No
    Cons
    • No license
    • The company is blacklisted by many regulators
    • No contacts to contact
    Trading Platform

    Author platform

    Types of accounts

    No information

    Currency

    USD

    Deposit/withdrawal

    $250

    Min Deposit

    $250

    PAMM

    Yes

    Company Features

    The Calloway Software is a trading platform that has no clear trading conditions and no documents. The company lures clients with the promise of high earnings, but does not withdraw profits

    Order execution

    Not indicated

    Liquidity Provider

    No

    Bonus

    Yes

    Trading conditions and platform tools

    Searches for a list of trading instruments on The Calloway Software turned up nothing. The only thing we could find when going to the trading terminal was a mention of tokens and cryptocurrency. And then, these mentions are made in the form of advertising. There is also an invitation to create a free account.

    What types of accounts does the broker offer to traders:

    • Free is the only type of account that scammers offer the client to create. It is not clear why it is free, since clients are required to deposit $250.

    Users are promised profitable trading using the robot. According to these scammers, traders will earn 60% profit from deposits. At the top of the page there is an advertisement that invites investors to earn $3,000 or more every 24 hours.

    All the broker’s promises are empty words. You cannot be sure that trading will bring profit every day. Professional traders know the risks associated with this type of income. Only swindlers can promise guaranteed income, and such huge sums.

    How scammers scam users – exposure

    The creators of The Calloway Software official website did not come up with anything new. They use a path that has long been trodden by other swindlers. Their resource is a one-page website created using a free website builder. Not a penny was invested in it. Looks like things are going well with the filling. The texts do not carry any semantic load. In most cases, these are fake reviews, an invitation to register on the trading platform and promises of extremely large profits.

    To start trading, you need to top up your account with at least $250, and the bonus will be the same. From the main page, clients are redirected to a trading terminal, which looks no better than the resource itself. It says that trading is carried out by a robot.

    Fraudsters are silent about the amount of commissions. They say that the site is completely free, which is hard to believe. Any broker will charge a commission for providing a resource for trading. Licensed companies charge a low percentage, but scammers hide the amount of these payments. For clients, the calculated amount then becomes a surprise.

    Expert opinion

    Eugene Rudenko

    There are not many reviews about The Calloway Software on the Internet. But even without them, it’s clear that the site is a one-page cheap one. This is a resource with a minimum of information, advertising slogans and a free template design taken from a website builder. Poor design of the site is one of the signs of fraud. Fake brokers don’t invest in resource development because they don’t plan to stay in business for long. For several months they collect money from gullible clients, and then close the office, leaving traders’ pockets empty. There are thousands of such companies online, and they prey on newcomers who have not yet become well acquainted with the world of investing.

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    The Calloway Software – investor reviews

    No matter how scammers try to hide their essence, it will definitely be revealed. The more a company deceives investors, the more damaging reviews appear online.

    The broker was created just a few months ago. There are still no reviews about it. Checking the cost of this resource showed disappointing results. Its price is only 2120 rubles, which makes it look like a one-day site. In view of this, it is not recommended to create a personal account for The Calloway Software.

    Another check shows that the domain was created in 2021, and its update took place in 2023, when scammers bought a ready-made domain with a history, so that traders would not suspect that the site had been operating since August 2023 and no experience.

    The resource’s level of trust is low, and this is another indicator that you should not trust this company.

    On a site like this, users can only expect to lose money. Fraudsters completely control the trading terminal, so even if a person knows how to trade, he will lose money. The trading process is only simulated on the site. Refunds are only possible with the assistance of lawyers.

    Final Analysis

    A careful review of The Calloway Software shows that this is an ordinary fly-by-night company. The scammers did not bother to specify trading conditions or disclose the registration address. The office does not have any legal documentation issued by the regulator. It turns out that the company is completely anonymous. Nothing is known about its creators, and there is no evidence of money being withdrawn. It is not even said how the account is replenished and money is withdrawn.

    Only scammers work anonymously, and this broker is one of them. Once the trading account has been replenished, the user can forget about the money. He will not receive any earnings or his deposit back. Fraudsters will steal funds as soon as they arrive in your account.

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    FAQ

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    Does the opinion of a broker's clients affect its reputation?

    The company’s rating and reputation largely depend on whether its clients are satisfied. The reviews about The Calloway Software are not the most flattering, and therefore you should take a close look at them before deciding to cooperate with this platform.

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    How to write a review about cooperation with The Calloway Software on the website?

    To add a review of this company on the resource, you do not need to spend a lot of time. The whole procedure takes no more than 5 minutes, and this is already with registration. A letter with a link to confirm registration will be sent to your e-mail, and it will also contain detailed instructions on how to add a review to the site.

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