hotmarketscfd.com is a fraudulent forex and cryptocurrency trading platform that operates without any proper licenses or regulatory oversight. The platform claims to offer legitimate trading services, but our investigation has revealed that it is unregulated, making it a high-risk option for investors. The low trust score associated with hotmarketscfd.com further raises concerns about its legitimacy.

Specific Complaints

One user reported losing $3,500 through fake forex trading on hotmarketscfd.com. Despite promises of returns, the user was unable to recover their funds, a common issue with unregulated and fraudulent platforms like this one.

Domain Analysis

The domain for hotmarketscfd.com was created on May 5, 2023, with an expiration date of May 5, 2025. The domain was last updated on May 5, 2024, indicating ongoing efforts to keep the scam operation running. The platform is unregulated, and the registrar’s abuse contact number is based in Germany, but no effective regulatory measures are in place to hold the site accountable.

Website Review

hotmarketscfd.com falsely presents itself as a legitimate forex and cryptocurrency trading platform. However, the lack of a valid license and regulatory oversight makes it a highly suspicious and dangerous platform for users. The platform’s low trust score and reports of significant financial losses further confirm its status as a scam.

Bottom Line

hotmarketscfd.com is an unregulated and fraudulent forex and cryptocurrency trading platform that has already caused financial harm to its users. The platform operates without proper licenses and offers no protection for investors. Avoid using hotmarketscfd.com, and always ensure that trading platforms are licensed and regulated before investing any money.