Score
Ethusdt
China|2-5 years| https://www.ethusdtbtc.com/En
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
China
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed Ethusdt also viewed..
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Website
ethusdtbtc.com
Server Location
Hong Kong
Website Domain Name
ethusdtbtc.com
Server IP
116.213.40.205
Company Summary
| Information | Details |
| Company Name | Ethusdt |
| Registered Country/Region | China |
| Founded in | 2-5 years |
| Regulation | Not regulated |
| Tradable Instruments | Forex currency pairs, metals, BTC and indices |
| Trading Platforms | MetaTrader5(MT5 trading platform) |
| Minimum Deposit | No requirement |
| Maximum Leverage | 1:100 |
| Account Types | N/A |
| Spreads | From 0.8 pips |
| Commission | N/A |
| Deposit & Withdrawal Methods | N/A |
| Education | N/A |
| Customer Support | N/A |
Since Ethusdts official website cannot be accessible at this moment, we can only find minimal information about this broker through some broker reviews websites.
Overview of Ethusdt
Ethusdt is a forex broker operated by Ethusdt International Limited, a company allegedly registered in China, with its actual office address not disclosed to all. Obviously, Ethusdt International Limited is not subject to any regulation, so it is unsafe to trade with this broker.
It offers a range of tradable instruments, including forex currency pairs, metals, BTC (Bitcoin), and indices. Traders on Ethusdt have access to the popular MetaTrader5 (MT5), known for its advanced features and comprehensive tools.
One notable aspect of Ethusdt is its flexible account requirements, as there is no minimum deposit requirement. Additionally, Ethusdt offers maximum leverage of 1:100, allowing traders to potentially amplify their trading positions.
However, the specific deposit and withdrawal methods supported by Ethusdt are not disclosed, and information regarding educational resources and customer support is currently unavailable.
Is Ethusdt legit or a scam？
It is important to note that Ethusdt operates without regulatory oversight. By investing your money in an unregulated and unlicensed broker, you are indirectly putting your funds in danger.
For that reason, we ask our readers to invest with brokers who have licenses from authorities like FCA, ASIC, FMA, etc. Authorized brokers are covered by many prerequisites, and a large number of them apply anti-fraud practices. As such, they are the specific inverse of what these brokers and others like them represent. Scammers use many tricks in order to give you the idea that you are earning money easily and rapidly, fraudsters frequently send you some returns first. They can acquire your trust in this way. To extract as much money as they can from you, they frequently ask you to make more investments or to recruit family members and friends to do the same. They will suspend or close your account when they believe you are unable to invest any more money in the fraud, and you wont likely hear from them again.
Traders considering using Ethusdt should be aware of the potential risks associated with trading on an unregulated platform. Conducting thorough research and due diligence before engaging in any trading activities is strongly recommended.
Pros and Cons
Ethusdt offers a wide range of trading instruments, providing traders with options. With the availability of the MT5 trading platform, users can access advanced trading tools and features, enhancing their trading experience. Additionally, Ethusdt does not impose a minimum deposit requirement, making it accessible to traders with different budget sizes. The broker also offers generous leverage of up to 1:100 and low spreads starting from 0.8 pips.
However, it is important to note some drawbacks associated with Ethusdt. Firstly, an inaccessible official website can create inconvenience and limit users' ability to access important information and support services. The lack of specific regulation raises concerns about the broker's compliance with industry standards and the protection of traders' interests. Additionally, the absence of essential information on account types, trading fees, customer support, and educational resources is a significant drawback, as it hinders transparency and may make it challenging for users to make informed decisions.
| Pros | Cons |
| Wide range of trading instruments available | No specific regulation |
| MT5 trading platform | Lack of essential information on account types, trading fees, customer support, and education resources |
| No minimum deposit requirement | Inaccessible official website |
| Generous leverage up to 1:100 | |
| Low spreads from 0.8 pips |
Market Instruments
Ethusdt offers clients to trade in forex currency pairs, metals, BTC, and indices. Some other popular instruments including commodities, stocks and shares, ETFs, oil, and energy are not available.
Minimum Deposit
Ethusdt stands out by not requiring a minimum initial deposit from traders. While many legitimate brokers typically require initial funding of around $100 (with some larger players even accepting as low as $10), Ethusdt provides a unique advantage in this aspect. This feature allows traders with limited capital to start real trading without the burden of a minimum deposit requirement. By eliminating this barrier, Ethusdt aims to create a more inclusive and accessible trading environment for a wider range of individuals.
Leverage
From the company‘s interface, we found that the default leverage is up to 1:100. Such leverage is considered to be high which means it increases the risk exposure for clients’ funds. While high leverage can potentially amplify gains, it is crucial to acknowledge that it also carries inherent risks, particularly for inexperienced traders. Prudent risk management should be a priority when considering leverage options.
Spreads
While it is true that a spread of 0.8 pips on the EUR/USD pair appears competitive, it is important to exercise caution when dealing with Ethusdt as it is an unregulated broker. The presence of tight spreads may indeed be an advertising tactic to lure unsuspecting traders, potentially leading to fraudulent activities. It is advisable to thoroughly research and consider the credibility and reputation of a broker before engaging with their services to ensure the safety of your funds and trading activities.
Trading Platforms
Ethusdt presents traders with the MT5 trading platform, which is renowned for its extensive range of powerful features, particularly its capability to support Expert Advisors (EAs). Nonetheless, it is important to reiterate that trading with an unregulated broker, despite their offering of a leading trading platform, is generally not a recommended choice. The lack of regulation raises concerns about the broker's adherence to industry standards and the safeguarding of traders' interests.
Deposit & Withdrawal
Ethusdt lacks clarity regarding the supported payment methods for funding accounts, which may be a concern for potential traders. In general, reputable brokers often offer a variety of payment options to cater to the diverse needs of traders. These options commonly include Credit Card (Visa, MasterCard, Maestro), Wire Transfer, and popular online payment processors like PayPal, Skrill, and Neteller. These methods provide convenience, flexibility, and security for depositing funds into trading accounts. Traders should seek further information from Ethusdt or their customer support to ascertain the available payment methods and choose the most suitable option for their needs.
Customer Reviews
Unfortunately, some users have reported issues when they try to withdraw money from their Ethusdtbtc.com accounts. These problems range from long wait times for the withdrawal to be processed to not being able to process the withdrawal at all. Scam brokers often leave customers with unresolved withdrawal issues. These disputes can arise from the broker withholding funds, making up excuses for not paying out, or simply refusing to process withdrawals.
In the worst cases, customers dont even receive a response when they request a withdrawal. Customers feel powerless and unable to obtain their lawfully deserved funds under such circumstances. Some analysts also suggest that scam brokers charge hidden fees which become apparent only after deposits are made but before withdrawals are requested. This increases the difficulty of resolving withdrawal disputes and makes it more difficult for people to get their money back. If you have already invested your money with Ethusdt, you should immediately ask for a withdrawal as your money is not safe with an unregulated broker.
With Ethusdt, if you ask for a withdrawal, they will postpone the process by giving some reasons for a long time so you can find no alternative to file a complaint.
How to keep yourself safe from scam brokers？
Before choosing a broker, it is crucial to conduct thorough research. Take the time to read reviews and select a broker that has a positive reputation among traders.
Pay special attention to reviews regarding the broker's withdrawal process. It is essential to ensure that there are no negative experiences or complaints related to withdrawals. A broker's ability to facilitate smooth and timely withdrawals is a crucial factor in assessing their reliability and trustworthiness.
Once you have completed your research and are satisfied with a particular broker, it is advisable to start by trading for a while before attempting to make a withdrawal. This approach allows you to gain firsthand experience with the broker's trading platform, services, and customer support. It also provides an opportunity to assess the broker's performance and responsiveness.
If you encounter any issues during your trading experience, it is important to address them directly with your broker. Communicate your concerns and seek resolution through their customer support channels. If the outcome is unsatisfactory, consider filing a complaint and sharing your experience online. Sharing your experience can help inform and protect other traders while holding the broker accountable for their actions.
Conclusion
Based on the review of Ethusdt, it is evident that this broker is not recommended for trading. We strongly advise all traders and investors to steer clear of Ethusdt and similar brokers. It is crucial to prioritize safety and reliability when choosing a broker. We encourage individuals to seek regulated brokers with solid reputation and positive reviews.
By conducting thorough research and selecting a trusted broker, traders can significantly reduce the risks associated with online trading and ensure a more secure trading experience.
FAQs
Q: What is Ethusdt？
A: Ethusdt is a broker that offers a wide range of trading instruments, providing traders with options, with the availability of the MT5 trading platform.
Q: How can I create an account on Ethusdt？
A: The brokers official website is not accessible now. As a result, you might be better off with other brokers.
Q: What are the trading platforms provided by Ethusdt？
A: Ethusdt offers MT5 trading platform to enhance the trading experience, which includes advanced charting tools, real-time market data, and access to trading indicators for technical analysis.
Q: How can I contact Ethusdt customer support？
A: With its website temporarily closed, it's hard to get a handle on its customer support channels. However, dealers usually list their contact information on their website, including phone, email, or social media.
Q: What is the maximum leverage it provides？
A: Ethusdt offers maximum leverage of up to 1:100, allowing traders to potentially amplify their trading positions.
Q: What is the minimum deposit it requires？
A: Ethusdt offers flexible account requirements, as there is no minimum deposit requirement.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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smashtakasan
Japan
I met a Taiwanese woman named Lee Shiwen. After that, I contacted them on line. His uncle, Frank, is Zhou Qiren, a Chinese economist and director of the National Development Institute of Peking University. Registered with a company called ethusdt, a foreign currency exchange market, and invested about 10 million. After that, I found out that the account I transferred was frozen and the account was frozen as a fraud account. The bank informed me that there were more than 15 victims.
Exposure
2023-05-13
smashtakasan
Japan
I was cheated by a woman called Li Shiwen on Line. She persuaded me to deposited but later my account was blocked.
Exposure
2021-09-24
smashtakasan
Japan
I was cheated by a Taiwanese woman named Li Shi. My uncle said he was Zhou Sujin and knew him on LINE. He said the remittance party designated by Ethusdt, the foreign exchange supervision and risk control department had blocked the account. According to the police and the bank, the account was blocked due to a scam on July 18.
Exposure
2021-08-03
smashtakasan
Japan
The female lawyer called Li Shishi from Taiwan said her uncle is Professor Zhou, a Chinese economist and dean of the National Development Research Institute of Peking University. Ethusdt was a fraud company. I was unable to withdraw. The unpaid reminder was as follow. Date: 2021-06-19 13:43:39 Dear customer, your payment has been rejected Amount: 100,000.00 Reason for rejection: You did not pay the last 6 million yen deposit guarantee, please pay 6 million yen to ensure that your bank account is safe and submit withdrawal.
Exposure
2021-07-25
smashtakasan
Japan
The female lawyer called Li Shiwen from Taiwan said her uncle is Professor Zhou, a Chinese economist and dean of the National Development Research Institute of Peking University. Ethusdt was a fraud company. I was unable to withdraw. The unpaid reminder was as follow. Date: 2021-06-19 13:43:39 Dear customer, your payment has been rejected Amount: 100,000.00 Reason for rejection: You did not pay the last 6 million yen deposit guarantee, please pay 6 million yen to ensure that your bank account is secure and submit a withdrawal request.
Exposure
2021-07-24
smashtakasan
Japan
Taiwanese woman Li Shishi is a lawyer. Ethusdt is a fraud company. I’m unable to withdraw. In order to withdraw 6 million yen, it sent me an email telling me to pay another 6 million yen. According to the email, the reason for refusal was as follow: You have not paid the last deposit of 6 million yen to guarantee your bank account information, so we are temporarily unable to provide you with withdrawal conditions. Please pay 6 million yen to ensure the safety of your bank account and submit another withdrawal request. It is clear that the fraud company needs to be supervised. The bank account of the fraudulent transfer has been locked, and 16 users have applied for compensation.
Exposure
2021-07-19
smashtakasan
Japan
When I tried to withdraw, I received the following email. Non-payment reminder date: 2021-06-19 13:43:39. Dear customer, your payment has been rejected. Amount: 100,000.00 Reason for rejection: You have not paid the last 6 million yen deposit guarantee, please pay 6 million yen to ensure that your bank account is safe and submit the withdrawal request again. Please note that you are a fraudulent company. So we are temporarily unable to provide you with withdrawal conditions. Please pay 6 million yen to make sure your bank account is safe, and then submit the withdrawal request again. The lawyer is a woman named Li Shishi from Taiwan!
Exposure
2021-07-16
smashtakasan
Japan
A Taiwanese woman named Li Shiwen is a scammer. Her uncle said that his name is Zhou Sujin and contacted on LINE. The account designated to transfer funds on Ethusdt was locked. Them he began to change topics and talked about foreign exchange supervision and risk control departments. I called the police and the bank for help about the reasons for locking my account and found that the account was frozen and it was a fraud transaction. When the police notified me, my account had expired.
Exposure
2021-07-16
smashtakasan
Japan
Li Shishi, a woman from Taiwan, is a lawyer. Ethusdt is a fraud company from which I can't withdraw funds. They emailed me that I had to pay 6 million yen to get my witdhrawal of 6 million yen.
Exposure
2021-07-15
smashtakasan
Japan
I have been cheated by a woman from Taiwan. My account has been frozen because of a scam.
Exposure
2021-07-14
smashtakasan
Japan
I was deceived by a Taiwanese woman named Li Shiwen. His uncle said he was Zhou Qiren and was introduced on LINE. When the transfer destination specified by Ethusdt was frozen, he began to talk about foreign exchange supervision and wind control departments. As a result of inquiring the police and banks about the frozen account, it was found that it was frozen as a fraud case. When I told the police to notify me, my account was invalidated.
Exposure
2021-07-12
smashtakasan
Japan
A Taiwanese woman named Li Shiwen is a solicitor. Ethusdt is a fraudulent company. I can't withdraw money. In order to withdraw 6 million yen, we will send you an email telling you to pay another 6 million yen. The following email. Reason for rejection: You have not paid the last 6 million yen deposit to guarantee your bank account information, so we cannot provide you with the withdrawal conditions for the time being. Please pay 6 million yen to ensure that your bank account is secure and Submit a withdrawal request again. Regulate as a fraudulent company. What became clear in the fraud case today. The bank account to which the fraud was transferred has been frozen, and 16 people have already filed damage claims.
Exposure
2021-07-10
smashtakasan
Japan
Ethusdt is a fraudulent company. A Taiwanese woman named Lee Poetry is a solicitor. She can't withdraw money. In order for her to withdraw 6 million yen, she will send an email telling her to pay another 6 million yen. The following email. Reason for rejection: You have not paid the last 6 million yen deposit to guarantee your bank account information, so we cannot provide you with the withdrawal conditions for the time being. Please pay 6 million yen to ensure that your bank account is secure and Submit a withdrawal request again. Regulate as a fraudulent company.
Exposure
2021-07-09
smashtakasan
Japan
I was cheated by a Taiwanese woman named Li Shi. Ethusdt began to talk about foreign exchange supervision and risk control departments when the designated transfer destination was frozen. After asking the police and the bank about the freezing of the account, it was found that the account was frozen as a fraud. When I tried to withdraw it, I received the following email. Non-payment reminder date: 2021-06-19 13:43:39 Dear customer, your payment has been rejected. Amount: 100000.00 Reason for rejection: You have not paid the last 6 million yen deposit guarantee. Beware of fraudulent companies and fraudulent women. Yours Bank account information, so we are temporarily unable to provide you with withdrawal conditions.
Exposure
2021-07-06
smashtakasan
Japan
A woman called Li Shi is a fraud of Ethusdt. I transferred money to them while I could not withdraw funds. Now my account has been frozen. Beware of this company along with this woman.
Exposure
2021-07-06
smashtakasan
Japan
I met a Taiwanese woman named Li Shi. After that, I contacted via line. I have received an invitation to trade in the foreign exchange market. I registered a company called Ethusdt and bought and sold at market prices, and the profits went up. After that, he increased his capital by 9 million and made a profit of approximately US$190,000 in his account. When I tried to withdraw 6 million, I was charged and paid fees and taxes, but I could not withdraw. In addition, the company's designated account has been frozen and 16 fraud cases have been reported. https://Ethusdt btc.com/ This company is a scam.
Exposure
2021-07-05
smashtakasan
Japan
The account has been frozen for a scam case.
Exposure
2021-07-04
smashtakasan
Japan
After asking the police and the bank about the freezing of the account, it was found that the account was frozen as a fraud. When I tried to pull it out, I received the following email. Non-payment reminder date: 2021-06-19 13:43:39 Dear customer, your payment has been rejected. Amount: 100000.00 Reason for rejection: You have not paid the final 6 million yen deposit to ensure that I receive an email. Said your bank account information, so we are temporarily unable to provide you with withdrawal conditions.
Exposure
2021-07-01
smashtakasan
Japan
After asking the police and the bank about the freezing of the account, it was found that the account was frozen cuz this is a fraud. When I tried to pull it out, I received the following email. Non-payment reminder date: 2021-06-19 13:43:39 Dear customer, your payment has been rejected Amount: 100000.00 Reason for rejection: You did not pay the last 6 million yen deposit to guarantee your bank account information, so We are temporarily unable to provide you with withdrawal conditions, this company is a liar
Exposure
2021-07-01
娟30335
Hong Kong
It costs forty thousand for a while and three thousand for a deposit. After paying three thousand and paying one thousand data fees, you have to pay 300 handling fees. After all, you have to pay three thousand. It’s endless. Now I was told that they are going to clear my account.
Exposure
2021-06-05