Socialegroups Review

Read a complete Socialegroups Review to know about this broker. 

Broker Website –

Address – 51 Rue de la Montagne Ste Geneviève, 75005 Paris, France

Warned By – Financial Services and Markets Authority (Belgium)

Scams are everywhere. Even in 2022, unpleasant scam brokers keep targeting traders and investors. To save you time, we’ve compiled a list of scam brokers 2022, so you can easily identify brokers to avoid.

Scams Online’s aim is to protect online traders from scam brokers. Through Socialegroups Review we wish to alarm the traders about the possible issues related to this scam broker. Read the detailed Socialegroups Review below and keep your hard-earned money safe from scam brokers.

Scams Online Scam Detector for Socialegroups broker

We analyzed the website of Socialegroups, and we found many possible scam features available on their website. There is no concrete proof that is regulated by any reputed regulatory body like FCA UK, ASIC Australia, CySec, Finma, Consob Italy, or others. Also, this broker is blacklisted by the Financial Services and Markets Authority (Belgium) for offering financial services without holding any license.

Other major red flag is the absence of important information on the website of the broker. The absence of critical information on the website is an indication that the broker does not want to show those to the traders and thus sign of a potential scam. Attractive offers on the website are misleading, and they are meant only to commit scams by victimizing innocent traders who are entrapped by false promises.

How Socialegroups scam is done?

Unregulated Scam brokers whether Forex, Crypto, or another find it very easy to scam traders. Free Bonus offers, minimum initial deposit, and attractive returns which are far away from the normal are their tools. For example, you will be offered more than 100% profits in a month or something too good to be true. The team members will try everything to get an attractive deposit from innocent traders, and once the deposit is made, they can run away with it.

Socialegroups Review: Withdrawal issues

If you are already trading with Socialegroups, you should immediately withdraw your funds by submitting a withdrawal request. Your funds can not be safe with scam brokers like They might have asked you to sign some agreement which authorizes them to do anything they want to do.

Negative Socialegroups Reviews

Socialegroups broker has a number of online reviews on popular online review websites like Forex Peace Army, Scams Online, and others. Scams Online have made extensive research work on Socialegroups reviews before concluding the fact that is a scam broker. There are hundreds of dissatisfied customers who have reported scams in review websites like Trustpilot and others. These online reviews are from real people although the positive ratings might have been added by Socialegroups with the help of some fake reviews done through some automation. Negative reviews are big Red flags and traders should avoid trading with brokers having negative reviews.

Is Socialegroups Legit? Final Thoughts

Based on the facts provided in this Socialegroups review, it can easily be concluded that the Socialegroups broker is a scam broker. Traders who have not invested in assets should be warned about the possible scams done by this broker. Instead, invest in some genuine and profitable assets from genuine brokers.

Scams Online have made fund recovery from scams possible through a legal process that has helped victims of scam brokers in getting back millions of dollars from scams. They have fund recovery experts who are legal lawyers and experts and who have already won hundreds of scam recovery cases.

If you are a victim of a Socialegroups broker scam, you can get your funds back. All you need to do is file a complaint against the broker here through our online complaint form. Our experts will contact you and provide a free consultation. We want to make you believe that fund recovery from scammers is possible and can be done in the most genuine way. We have more than 10 years of expertise in fund recovery.

Read our other expert reviews about scam brokers and keep your funds safe from scammers.

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