Ternary Group FX Review: 5 reasons ternarygroupfx.com is a Scam

 
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Ternary Group FX promises instant investing anywhere through leveraged Forex CFDs markets. In addition to this, the website claims to sell NFTs at a discount and are claiming that these NFTs will sharply rise in value in 30 days. This is an obvious scam! The scam site is here at ternarygroupfx.com and you can actually tell that they don’t have a track record since the site was registered in March 2023.

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5 reasons why Ternary Group FX is a scam

We’ll list reasons why you need to be extra cautious with a broker like ternarygroupfx.com. There are red flags everywhere on the site and it’s important to take note of them below

An FCA blacklisted site selling financial freedom

They’ve been called out here for illegally targeting UK residents with their bogus investment platform. The financial regulator is of the observation that the broker is a high risk to traders. Therefore, signing up and transferring funds to Ternary Group FX is something that is likely to be an automatic loss of your funds.

Lies everywhere on the Ternary Group Fx website

They call themselves with titles such as “an award-winning broker” and a “leading social trading platform” with a wide array of tools to assist in trading the financial markets. In the real sense, the scammers are using these sentences so that you can imagine that they’re a legitimate broker that can truly give you financial freedom. Any engagement with people who run the entity will only bring losses to the victim.

Association with another unregulated broker

The scammers mention that Ternary Group FX is associated with Exinity Group. Exinity Group is yet another unregulated financial service firm that seeks to defraud investors. This association just shows the extent to which this scam is willing to go.

Ternarygroupfx.com does not have any reviews on the internet

This forum https://trustedrevie.ws/reviews/ternarygroupfx.com discusses the scam. There are two comments there from people who are completely skeptic about the platform. No one has any experience with the suspect website. This just proves that Ternary Group FX is using misleading marketing statements to deceive its potential victims into believing that it’s a popular investment destination.

No transparency

Legitimate trading platforms typically provide detailed information about their company, team, and operations. Scam websites like Ternary Group FX, on the other hand, don’t exercise any kind of transparency. The site provides vague details about their ownership, management and also location. Additionally, they fail to provide clear information on fees, terms and conditions or any risk disclaimers involved.

Conclusion of this review

Due diligence and research are crucial when dealing with financial platforms. Always choose reputable and regulated trading websites, and be wary of any platform that raises suspicion or exhibits the warning signs mentioned above. Be watchful as these scams can be expensive if you find yourself a victim.

1 Comment

  1. Do you want to submit a broker or comment about their scam activities? BrokerProfile is the uncensored forum where you can discuss freely about good and bad trading service providers..
  2. Robert Darren Cinco

    from ternarygroupfx.com to crystalfxgroup.com. i think both arent legit. could be scammers running the website.

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