Item: USDETF
Rating: 1.11

Company Name

USDETF Markets Limited

Abbreviation

USDETF

Platform registered country and region

Bahamas

Company website

Pyramid scheme complaint

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Review 2

2 Comments

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Exposure

At first, it seems like you can withdraw a little bit of money So I thought it was real And then I wanted to become a prestigious person I tie the signal room and do readings Even someone who takes advantage of that Cannot withdraw money Because it is tied to the signal room They say you have to pay a 20% deposit for money laundering And you have to pay a 10% tax profit to be released For any reason, they will never return the money It's a complete scam Dapusdt server is down They must be changing their name and engaging in fraudulent activities Do not make any investments It's an absolute scam

We were foolish people who participated in a reading room until the end. At first, we believed it was a fraudulent site that supports Korean language because it claimed to receive Korean won. Initially, withdrawals were possible, but as we operated the reading room by tying it to a signal room, we were told that we had to pay a guarantee fee of 20% and undergo an investigation due to anti-money laundering laws, and we were told that we had to pay a capital gains tax of 10% if we wanted to withdraw. After everything was settled, our accounts were shut down and they disappeared. Now they have changed their KakaoTalk name and completely disappeared. They probably created another site using US tax laws to commit fraud. They always mentioned ETF-related news, so it must be related to ETF. We are complaining. We hope to never be involved in fraud. We have lost all our assets and don't even have a 1,000 won bill in our wallets. We are a wicked group of scammers who pull out all the stops to take everything away. Today, I saw a picture on KakaoTalk that looked like a young mannequin. I hope no one falls for it.

FX1636731038

10-02

No more

USDETFReview Summary
Founded	2024
Registered Country/Region	Bahamas
Regulation	Suspicious Clone SCB License
Market Instruments	Forex, Index, Commodities, ETF, Stock, Cryptocurrency
Demo Account	Not Mentioned
Leverage	Up to 30:1
EURUSD Spread	USDETF account: 0.0 - 0.3 pips
EURUSD Spread	Standard: 0.0 - 0.3 pips
Trading Platform	cTrader, MT4, MT5
Min Deposit	Not Mentioned
Customer Support	24/7 Email: support@usdetfs.com
Customer Support	Company address: Sea Sky Lane, B201, Sandyport, Nassau, New Providence, the Bahamas

Pros	Cons
Multiple market instruments	Suspicious fake clone license
	Unclear minimum deposit requirement
	Limited customer support channels
	Commission charged

Regulatory Status	Suspicious clone
Regulated by	Bahamas
Licensed Institution	Pepperstone Markets Limited
Licensed Type	Retail Forex License
Licensed Number	SIA-F217

Trading Asset	Available
forex	✔
metals	❌
commodities	✔
indices	✔
energies	❌
stocks /shares	✔
cryptocurrencies	✔
options	❌
funds	❌
ETFs	✔

Feature	USDETF	Standard
Base Currencies	AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD and HKD
Leverage	Up to 30:1
Average EURUSD Spread	0.0 - 0.3 pips	1.1 pips
Commission	From 7 AUD per 100,000 bilateral transactions	$0
Minimum Trade Size	0.01 lots
Maximum Trade Size	100 lots
Most Suitable	Scrapers and Algorithmic Traders	New Traders

Score

USDETF

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Review 2

Trading account currency	Commission per 0.01 lot (1000 base currency)	Commission per 1 lot (100,000 base currency)
AUD	AUD 0.04	AUD 3.50
USD	USD 0.04	USD 3.50
JPY	JPY 3	JPY 303
EUR	EUR 0.03	EUR 2.60
GBP	GBP 0.03	GBP 3.30
CHF	CHF 0.04	CHF 3.50
NZD	NZD 0.04	NZD 4.47
SGD	SGD 0.05	SGD 4.55
HKD	HKD 0.28	HKD 28.17
CAD	CAD 0.04	CAD 3.50

Trading Platform	Supported	Available Devices	Suitable for
cTrader	✔	Desktop, Mobile, Web	Beginners
MT5	✔	Desktop, Mobile, Web	Experienced traders
MT4	✔	Desktop, Mobile, Web	Beginners
Trading View	❌	Desktop, Mobile, Web	Beginners

Contact Options	Details
Email	support@usdetfs.com
Physical Address	Sea Sky Lane, B201, Sandyport, Nassau, New Providence, the Bahamas