July 25, 2021

EuroStandarte Review

EuroStandarte review

Overview of EuroStandarte Review:

In simple words, EuroStandarte is the epitome of shadiness. The company claims a lot of things that it does not fulfill and follows all the traits of basic scam brokers. EuroStandarte purports to be a CFD brokerage firm that offers 70+ tradable instruments including commodities, shares, indices to their dedicated customers. This relatively new company was founded last year despite all the claims of being the topmost brokerage firm in the world.  The website of this company is not impressive and looks like it was made in a hurry. The sloppy features and loading that took forever add yet another common trait of the scam brokers. 

About EuroStandarte:

This section specifically focuses on the offers and demands of EuroStandarte. We will also be discussing the problematic side of each of these demands and offers while revealing the red flags they pose.

EuroStandarte Regulation:

As much as the company has hyped itself up, you must be thinking that EuroStandarte has licenses from top-tier regulators around the world. However, just like every other bogus claim of theirs, this was also a complete scam. Even though they state that they are regulated by various regulators, we quickly realized the truth that EuroStandarte is unregulated. The company does not have a license from any of the regulators let alone the regulator of the country they are based out of. From this, it is clear that EuroStandarte cannot be held accountable and is a complete scam. This raises the first red flag against the EuroStandarte scam in this EuroStandarte review .

EuroStandarte Trading Platform:

On the website, the company claims that they use Metatrader 4 or MT4 for their trading platform. However, we couldn’t find MetaTrader4 nor did we find the trading platform that the broker claims to provide. We were suspicious when the broker claimed to provide MT4 because many scam brokers use this lie to get away and trick innocent customers. At the end of this, most scam brokers either do not deliver at all or they present the customers with a fake version of the MetaTrader platform. This raises yet another red flag against the EuroStandarte scam in this EuroStandarte review. 

EuroStandarte Minimum Deposit and Leverage:

The minimum deposit, as advised by the regulators, is either demanded in a very small amount or not demanded at all. At the most, the legitimate brokers demand a minimum deposit of 10 USD. However, in our case, EuroStandarte demands a minimum deposit of 250 USD. As you can see, this is a very huge amount and raises suspicion on the brokerage firm. Furthermore, in an industry where the leverage is capped at 1:30 and 1:50 in various countries due to its risky nature, EuroStandarte offers leverage up to 1:400. IT is pretty clear from this that EuroStandarte is running a big scam in the name of this brokerage firm. 

Conclusion: Is it a Scam or Legit?

To sum up, all that has been stated above, EuroStandarte is a complete scam. We request our readers to stay extremely cautious while dealing with this scam broker. If you have been scammed by EuroStandarte, file a complaint right now and get instant solutions to recover your fund!