Expert MarketsFX - Fraud via offshore registered office

The supposed online broker Expert MarketsFX claims to be a trustworthy platform for online trading. However, there are numerous indications that everything at Expert MarketsFx is far from straightforward. More and more traders are reporting telephone terror, rip-offs and investment fraud at Expert MarketsFx. Traders have lost all their capital invested with Expert MarketsFx. Serious doubts are being raised. Meanwhile, many Expert MarketsFx traders are worried that it is an investment scam. The Expert MarketsFx website is still accessible. All Expert MarketsFx traders are wondering if they have fallen victim to an investment scam? And what can Expert MarketsFx investors do if the suspicion of investment fraud is substantiated? Will Expert MarketsFx investors get their money back? Does it make sense to file a criminal complaint against Expert MarketsFx with the police? Where can I get help with investment fraud?



Expert MarketsFx: Shady promises on the website!
What must the stunned visitors read on Expert MarketsFx website? "Our continuous innovation and commitment to our clients' needs has been recognised by most traders and Expert MarketsFx has around 800,000 clients around the world. From the beginning, we set out to revolutionise the industry by providing traders with a better quality of service, something we remain absolutely committed to today. Expert MarketsFx is a UK-based company registered as an international investment company. The company was founded by a group of qualified experts, professional bankers, traders and analysts who specialise in trading stocks, bonds, futures, currencies, gold, silver and oil. They have over ten years of extensive hands-on experience and have combined their personal skills, knowledge, talents and collective ambition for success." This is just a small part of the questionable promises that interested parties can find on Expert MarketsFx's website. Not a single one of these given promises by Expert MarketsFx has been kept. Regrettably, the suspicious business conduct rather makes for unhappy traders and bad experiences!


Expert MarketsFx: Hide-and-seek game with the domain entry!
Remarkable for the business practices of the Expert MarketsFx makers is that the website does not contain any imprint with full details of the legally responsible operators of the website. If one looks at the corresponding domain data of the website, one finds no reference to the operators there and finds that the website was only registered on 27.06.2021 and that the real domain owners are hiding behind the Icelandic anonymisation service Withheld For Privacy Ehf. 


Expert MarketsFx: Who is behind it?
Many investors will find it rather difficult to answer this question, as the Expert MarketsFx makers do everything they can to conceal the true circumstances. This is not unusual, however, as the perpetrators often operate several of these websites with the supposedly same business model and quickly put them online, but also shut them down again just as quickly. In many cases, the top-level domain is also frequently changed, possibly in order to deceive the financial supervisory and law enforcement authorities. And who is the operator? There is no information about this on the website In the terms and conditions you can only find the following note: "Expert MarketsFx is owned and operated by Zolarex Ltd, Trust company complex, Ajeltake Island, Majuro, Marshall Islands". The Trust Company Complex in Majuro is well known to financial investigators, because various shell companies that are involved in cybertrading still reside here. A look at the company register of the Marshall Islands shows that Zolarex Ltd. was indeed registered there, but was deleted from the register on 28 April 2021.


Expert MarketsFx: The customer acquisition of the investment scammers
The same approach can be found here again and again: In order to acquire new customers, the offers of Expert MarketsFx are presented in all possible media and channels. For example, advertisements are placed in social media such as Facebook. Often, these recommendations are false promises. To increase the deception, they upload videos on Youtube in which interested traders are convinced with fictitious references. Here, supposed celebrities report on their experiences with online trading and cryptocurrencies, often with a misleading reference to the TV show "Die Höhle der Löwen". With the same intention, an affiliate programme is usually started to give others the incentive to intensively promote Expert MarketsFx.


Expert MarketsFx: Criminal business practices!
As soon as the customer has registered on the trading platform, he receives calls from alleged financial brokers who like to refer to their many years of experience and their satisfied customer base. In many cases, however, the makers of this business model are fraudsters, against whom the Federal Criminal Police Office and the Federal Financial Supervisory Authority (BaFin) also warn. Investors usually start with a small amount of money. Beforehand, investors are often motivated to install remote maintenance software, such as "Anydesk" or "Teamviewer", on their computers, so that assistance can supposedly be provided with the first steps. In many cases, the computer is manipulated afterwards and unwanted transactions are carried out. In the process, the investment fraudsters often also gain access to their victims' online banking. What is particularly criminal, however, is when supposed profits are displayed on the trading platform in order to entice the customer to place further high stakes. Sometimes even small sums are paid back to lull investors into a sense of security. Who then does not want to increase the stakes further? But what happens next?


Expert MarketsFx: Repayment of the money is subject to conditions
However, an exit is then usually no longer possible; rather, repayment of the money is linked to further payments. This is where the employees come in, claiming alleged tax debts and commission payments. These would first have to be settled, then the alleged profits would be paid out. For this purpose, tax and commission invoices are sent to the investors, which are often decorated with fake coats of arms and, of course, have to be paid urgently. However, it is never possible to offset them against the supposedly achieved profits. If one refuses to make these further payments, the supposed profits are often turned into losses and the customer is harmed to the maximum. However, this is usually not the end of the horror; investors are often permanently confronted with calls from other dubious providers, which indicates that the investors' contact details are further traded among the investment scammers. In the end, the "saviour" regularly comes forward, claiming to have uncovered the whole scam. He impresses with his insider knowledge. No wonder, since he is part of the fraud gang. The next rip-off! And of course the "saviour" also wants a small fee - in advance!


Expert MarketsFx: Is it investment fraud?
There is no regulation of the Expert MarketsFx trading platform. Expert MarketsFx lacks the legitimacy of a recognised European supervisory authority, such as the English Financial Conduct Authority (FCA)or the Cyprus Securities and Exchange Commission (CySec), which is frequently used by brokers. Similarly, there is no authorization from the Swiss Federal Financial Supervisory Authority (finma) or the  Financial Market Authority (FMA) of Austria, which is responsible for Switzerland. It is also difficult to overlook the fact that Expert MarketsFx is a scheme of capital investment fraud. All investors harmed by Expert MarketsFx are advised to contact an investment fraud lawyer without delay.


Expert MarketsFx: Where are the investment fraudsters active?
Unfortunately, the illegal activities of Expert MarketsFx were not limited to the English-speaking world. Because Capital Swiss addresses German-speaking investors as well, it is only a matter of time until the defrauded investors of this speaker group will come forward as well. Going through the list of regulators is recommended before any financial commitment to reduce the risk of becoming a victim of investment fraud.


Expert MarketsFx: Investors want their money back!
The situation is by no means as hopeless as it appears. The aggrieved investors can take countermeasures and reclaim their invested capital. As of now, it is unlikely that the Expert MarketsFx investment fraudsters will be caught in the near future, but there is nevertheless reason to hope. Hope because the funds flowed through accounts provided by financial institutions that strive to maintain a good reputation. Those responsible obviously neglected to check the traders' deposits, some of which were large and therefore subject to controls, and their onward transmission for legality. Negligence of this kind made the investment fraud possible in the first place.


Expert MarketsFx: You want your money back! How does it work?
Knowing this, the investors would not have entered into a business relationship with Expert MarketsFx. Now the only way left for the defrauded is to try to recover the money. Many investors cannot even imagine that there is a real chance of ever seeing their money again. Definitely yes! There are numerous legal bases to fall back on. The generic term is "money laundering". When investment fraudsters collect money, the offence of money laundering has been committed. Financial institutions are obliged to take action against money laundering. This is where we come in if there is a good chance of success. Relevant questions should be clarified beforehand. To what destination did the funds moved by Expert MarketsFx disappear? Is there a possibility that the victims of the investment fraudsters will get back their money invested with Expert MarketsFx? What precautions are required next? A lawyer specialising in investment fraud can provide comprehensive answers to these questions.


Expert MarketsFx: Who can help?
What to do in case of investment fraud? What help with investment fraud can Expert MarketsFx victims hope for? Expert MarketsFx victims will ideally find the help they need from an experienced investment fraud lawyer. He or she will be able to take care of your Expert MarketsFx case both in terms of the criminal aspects of the investment fraud, as well as the recovery of funds and possible claims for damages. A trading lawyer is also an option because they are also aware of the methods used by fraudulent brokers such as Expert MarketsFx.


Expert MarketsFx: Follow the money trail!
Such abuses on the non-regulated capital market have been pursued by the internationally active investor protection law firm Resch Rechtsanwälte for over 30 years.   Seen in this light, the Expert MarketsFx way is nothing really new. Over the years, Resch Rechtsanwälte have developed an efficient set of tools for tracking down defrauded investments and following the money trail. In times of the internet, it has become very difficult to actually make funds disappear. The more expeditiously investors follow the money trail, the greater the chances that they will be able to have their money secured. Now it is important that traders who have been harmed by Expert MarketsFx take immediate action.


RESCH Rechtsanwälte - Experience in investor protection since 1986
If you have been a victim of Expert MarketsFx and want to know if and how you can get your money back, call +49 30 885 9770  or fill out the questionnaire. You will receive a free assessment of your case.