As the popularity of online trading has increased, so has the number of scams and fraudulent brokers. One such broker that has recently come under scrutiny is rocket-flip.com. In this article, we will provide a comprehensive review of this broker and determine whether it is a scam or a legitimate entity.
Overview
Before we dive into the details of rocket-flip.com, let us provide a quick overview of its features.
Rocket-flip.com Features | Details |
Regulation Status | Unregulated |
Currency Pairs Offered | Numerous, but not identified |
Customer Support | Live chat, Email |
Trading Method | Unidentified |
Traders’ Feedback | Negative |
Is rocket-flip.com Regulated?
When we see the About Us page, we did not find any kind of license or regulation information on their website. They only have some texts to attract visitors. No detailed information about their regulatory company, where they are based, or their team.
Warnings from Financial Regulations:
Multiple financial regulatory authorities have issued warnings against rocket-flip.com, including the Financial Conduct Authority (FCA) and the Securities and Exchange Commission (SEC). These warnings are due to the broker’s unregulated status and its involvement in fraudulent activities.
What Currency Pair Do They Offer?
Rocket-flip.com claims to offer numerous currency pairs to its customers. However, they don’t provide any information about their currency pairs. They only have a sliding option on the header of the homepage, which is not clickable. It means it is a hoax and they want to hide their currency pair details.
Customer Support:
Rocket-flip.com does offer customer support, but it is not very helpful. The support team takes an extended time to respond to customer queries, and the solutions provided are not satisfactory. Additionally, the support team is known to be very aggressive and unprofessional, which further adds to the negative reputation of this broker.
If you see at the left bottom corner of the image, you can see the chat link of their live chat option. When we click on that, the chat did not open, it only took us to the top of the page. It clearly shows that they don’t have an active live chat option.
Trading Method (MT4/MT5/Any other method):
Rocket-flip.com claims they offer both the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms for trading. While these platforms are well-known and widely used in the industry, the broker’s fraudulent activities and unregulated status make it nearly impossible for traders to make any profits. But, when we tried to see the platform or demo account, they don’t have that features. It s clear that they are lying.
What Do Traders Think About rocket-flip.com?
Traders who have used rocket-flip.com have reported negative experiences. Many have claimed that the broker manipulated prices, causing them to lose money. Others have reported issues with withdrawals, stating that the broker made it challenging to withdraw their funds. The overall sentiment towards rocket-flip.com is negative, and traders are advised to avoid this broker at all costs.
What To Do If You Get Scammed?
If you have been scammed by rocket-flip.com or any other fraudulent broker, there are a few steps you can take to minimize your losses. First, report the incident to the regulatory authority in your country. Second, contact your bank or payment processor and request a chargeback. Finally, file a complaint with the relevant authorities. You also can submit your case to PremiumRecoup. We will provide you with a free consultation and service recommendations to help you in recovering your lost funds.
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Final Thoughts
In conclusion, rocket-flip.com is a fraudulent broker that should be avoided at all costs. Its unregulated status and involvement in fraudulent activities make it a significant risk to traders. Therefore, it is recommended that traders only work with regulated brokers who have a positive reputation in the industry.
