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Rating Forex / Brokers / Westmarket Limited

Westmarket Limited

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

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    Fraud scheme of Westmarket Limited scammers - exactly how the fake broker siphons money out of people

    Anyone who openedWestmarket Limited “Personal Area”, I was losing my cabbage. Every penny of money immediately ended up in anonymous wallets and drop cards. Then the scammers imitated the trade. It was simply impossible to mess with them.

    Status

    SCAM

    Year of foundation

    2021

    Affiliate program

    No

    Regulation and jurisdiction

    No

    Company Features

    The scammer hid behind the registration details of a British company to line its pockets

    Website

    https://www.westmarketlimited.com

    Contacts

    Side: United Kingdom

    City: London

    Address: Heron Tower, 110 Bishopsgate

    Phone: +442080972186 +79310099388

    Pros
    • No
    Cons
    • No license or registration
    • Simulated trading
    • You cannot withdraw funds
    Trading Platform

    Unknown

    Types of accounts

    «Newbie”, “Silver”, “Investor”, “Premium”, “Gold”

    Currency

    EUR

    Deposit/withdrawal

    Visa, Mastercard, Skrill, Neteller, QIWI, WebMoney, Bitcoin

    Min Deposit

    € 150

    Financial Instruments

    CFDs of shares, indices, commodities, commodities, cryptocurrencies, currencies

    Order execution

    Unknown

    Trading Features

    Scammer imitated trade to scam money

    Competitions and bonuses

    Yes

    Review Westmarket Limited

    «Westmarket Limited» described himself as ambitious, honest and transparent. Offered an excellent platform for trading. The whole thing was a large portion of noodles. Everyone who handed over loot to the angler was greeted by the most closed sharashka office-loan collector, which sucked out every cent.

    An honest person will help you check a broker from A to Z Forex broker ratings. Find out absolutely everything about your intermediary for free. Earn money with confidence in its reliability.

    To cover up, the fake intermediary used the registration data of a real company that is not connected with trading. He brazenly appropriated them. The bit did not have a broker’s license. Therefore, he definitely could not legally work with traders.

    The swindler did not provide a complete list of assets. He was only generous with the types of markets where he promised to take his clients. There were cryptocurrency pairs in the pool. This warns aboutdivorce for the loot.

    The scam broker completely concealed the trading conditions. He did not give specifications, which contradicts the tales of his transparency.

    Methods to replenish your account and withdraw money from Westmarket Limited were indicated only in the form of logos. On the official website of the trickster there was no specific information about the commissions and timing of transactions.

    Rating Forex warns: cryptocurrency was among the ways to top up. That is, an asset that real brokers do not contact. Only scammers slip it in. They really like Bitcoin and altcoins. They are very easy to steal.

    Terms of cooperation. TOearn money Westmarket Limited?

    During life, a scammerWestmarket Limited offered make investments:

    • in currency pairs,
    • cryptocurrency,
    • goods,
    • indices,
    • actions,
    • raw materials.

    Warning: these are all derivatives. Moreover, there was no complete list on the scammer’s website. His patients could only guess what tools they would receive at the terminal. Cryptocurrency warns louder than the most honest reviews: “Westmarket Limited” is a scam, a scam.

    The scammer slipped in 5 accounts for trading:

    • “Newbie” € 150, 9 currencies for trading.
    • “Silver”. € 2500, 2 types of assets for trading (more than 50 instruments).
    • “Investor”. €5000, 3 asset types, 200 instruments.
    • “Premium”. €10,000, 4 asset types, 250 instruments.
    • “Gold”. €50,000, 4 asset types, 300 instruments.

    The bonus issued by Westmarket Limited depended on the size of the deposit. Here is another proof of scamming people for money.

    The accounts of the Westmarket Limited fraudster differed in the number of insured positions. That is, if his patient closed in the red, he should have received compensation for losses. It is important to understand: a real broker will definitely not do this.

    Rating Forex reminds: sFucking is a marketing gimmick. They imitate trading. They can draw a return of losses. In reality, such tricksters don’t give away a cent.

    The scammer hid all the specifications of trading instruments – from the size of spreads to swaps and stop-outs. If you open an account with such an opaque sharashka office, you will definitely run aground.

    Registration, regulation, replenishment and withdrawal from Westmarket Limited

    «Westmarket Limited»whistled that is managed by the British company Westmarket Limited. Its registration number is 02981032.

    Rating Forex scoured the register of UK legal entities. The Westmarket Limited brand really existed when the hero of our review was staying afloat. But he had nothing to do with Forex trading. This is clear from the authorized capital. That one was only £100. Rating Forex reminds you: to get a broker’s license in Foggy Albion, you need £300,000.

    Another big let down was the SIC (Standard Industry Classification) code – “Financial intermediation not otherwise classified.” For a forex dealer it is completely different.

    Regulation

    Kidala said nothing about a brokerage license. Because he didn’t have such a document. He could not provide brokerage services legally.

    No liquidity provider will deal with such a bit as Westmarket Limited. If so, Sharashkin’s office did not bring transactions to the real market and liquidity providers. Instead of a trade there was a rotten imitation.

    How to withdraw money from Westmarket Limited and top up your account

    Lovchila suggested traders send cabbage using:

    • Visa card, Mastercard.
    • QIWI, Skrill, Neteller, WebMoney.
    • Bitcoin wallets.

    There were no details about terms and fees on the Westmarket Limited website. Nothing about the withdrawal either.

    Expert opinion

    Eugene Rudenko

    Official siteWestmarket Limited lived less than a year. The scammers behind him quickly picked up the negative reviews and closed their sharashkin office. In order to extract money from people, they hid behind the registration of a company from the UK. They didn’t even mention the financial regulator’s license.

    Want to spread the word about your company or have you been in a negative review? Contact the portal editorial office right now

    Reviews about Westmarket Limited

    Reviews about the tricks of the forex scam “Westmarket Limited” can be counted on one hand. For example, on vsyapravda.net a person warns: all comments where they put a thumbs up are 200% ordered. Sharashka did not allow me to withdraw the money. I stole $600 from the poor guy.

    On brokertribunal.com they say: the trickster imitates trading. He also constantly extorts for replenishment. When it comes to withdrawing beans, it drains like a torpedo and gives nothing back.

    On scaud.info, former patients of the fraudulent broker Westmarket Limited warn: everyone who praises this scam is a swindler. Tested by bitter experience: you won’t be able to make money. All attempts to become queens will end in vile theft.

    Do you need a complete, fast and calm withdrawal of money from the fraudulent broker Westmarket Limited (“Westmarket Limited”)? Rating Forex guarantees all this. Our lawyers take on even the most complex cases, when the angler fisher does not answer calls and messages for months. We always have free consultations and assistance.

    How Westmarket Limited divorce open for money

    Fake broker looked for victims on his own. I used cold calls, scoured social networks and messenger channels dedicated to finance.

    The scammer was imposing his services. He promised mountains of gold and full support. Only all the cabbage sent by his patients did not reach the trading accounts. It ended up on cards and wallets belonging to swindlers.

    Then the scammer imitated trading in order to steal as much money as possible and buy time for fleecing others. The trickster set up profit or loss trades for the poor patients so that they would replenish their deposits.

    The story of the scammer ended as soon as the victim tried to withdraw money from Westmarket Limited. In most cases, the scammers leaked. Sometimes they promised to give everything back if the patient waived commission, insurance or fees. But no miracle happened.

    Conclusions

    Westmarket Limited took money from traders without documents or licenses. In addition, he hid behind someone else’s registration. This is enough to send you to the blacklist without a return ticket.

    The scammer hid information about the terms of trade. Withdrawing money didn’t work at all. Rating Forex did not find a single honest customer review that confirmed that people actually took everything through the “Personal Account”. Instead, a whole mountain of complaints about money scams surfaced.

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    FAQ

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    How do customer reviews influenceWestmarket Limited on the company's rating?

    Customer reviews are one of the main criteria that influences the placement of a broker in the ranking of the best companies. See all reviews aboutWestmarket Limited You can visit the company’s official website.

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    How to write a review about cooperation withWestmarket Limited on the Rating Forex site?

    Register on the Rating Forex website – it’s free and takes up to 5 minutes, taking into account the registration confirmation via the link that will be sent to your email. Detailed instructions on how to leave a reviewWestmarket Limited, posted at the link.

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