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2.0

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TrustScore 2 out of 5

41 reviews

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2.0

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(41)

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Rated 1 out of 5 stars

MIT Scam £250 deposit

Saw an advert had Elon Musk presenting on stage, seemed legit so filled out the enquiry/registration form. Received a phone call within 10mins explained the process said I'd be allocated a PA Manager Ian Miller. Deposited £250. Couple of days going well earning £20 each trade. Then asked if I wanted better returns said yes and he wanted £5000, no way this scared me then he started ranting on that I'd never improve my living standards, he works with millionaires etc when I refused. Told him wasn't feeling comfortable with the situation and wanted to cancel. Persuaded me to keep it as it is. Rang me next day hardly spoke. Then didn't get any calls got a message on signal in hospital with covid. Its been nearly 2wks no call from him, I do receive 0161 and 02 numbers but you answer and they hang up. Tried logging in but website has vanished, can't contact them but daren't delete the apps off my phone. Looks like I've fallen victim to a scam and lost £250. Avoid

27 October 2022
Unprompted review
Rated 1 out of 5 stars

SCAM alert!!!!!

This company is a complete and utter scam. The positive reviews on this site are all bots and if you click on them you will see they also approve some other sort of purchase to prove they are genuine. MIT-ic start you off with reputable companies like Crypto.com where you set up an external wallet. They also set you up on a legitimate trading platform but after a while this freezes and they claim there is an upgrade going on. They tell you not to worry as you can continue trading on their website. This site is fake and when I questioned how contracts managed to close when the take price did not seemed to have been met was always fobbed off with technical things they had done to ensure things went well. These people try so many things to con you out of more money, including trying to make you pay brokers fees in rather than just taking it off your supposed profits. When you question this they then wait a few days and say ok we’ll pay your money out and then supposedly transfer the money to your wallet. Lo and behold you then receive an email from a company claiming that this payment looks like money laundering but if you pay them a fee that will prove it’s not money laundering and they will release your money. They use a logo from a legitimate company but if you check the website out the company provides a big warning stating they would never ask for a fee to release any funds. They continue the pressure by someone else from the company ringing after a couple of days to say they’ve resolved this issue but now they don’t trust the external wallet and will pay you through an international wire transfer but yet again you have to pay them first before they release your money. The deception and scam is sophisticated and constant. They are not regulated, prey on people who are looking to earn extra during this horrendous cost of living crisis everyone faces. Please avoid at all costs and report to Action Fraud as soon as possible.

17 November 2022
Unprompted review
Rated 1 out of 5 stars

SCAMMING IN PROGRESS

I still have not received a penny of my £250.00 back from this shower of CON ARTISTS, and I don't suppose I ever will.I don't know where the 5 star reviews came from, but I don't believe a word of it. Beware! This is just a big SCAM.

16 November 2022
Unprompted review
Rated 1 out of 5 stars

Utter Scam Operation

If i could give this company a million minus stars I would. They hood wink you via a you tube advert to engage into trading with them. where you end up is nothing to do with the original advert and nothing like what the advert promises but they lose you on the journey to the scam. They provide a very credible coach to help you trade, which they do so well. They also helped me to withdraw a small amount of £30 which helps you to have faith in them. Mine was a woman called 'Lisa' who had a profile picture that looked like a hot successful model. When I sussed that they were a likely scam, whilst my account was trading well and in credit to $290 dollars I asked her to help me to withdraw my money. My account was 290$ in credit with no live trades. She declined to come to speak with me again and handed me over to a very aggressive guy who I knew was going to tell me to make trades that would lose my money. He wanted to take control of my screen but I refused so to his annoyance I placed the trades myself, but not as he instructed for the first. He challenged me as to why I had not done as he said and I explained I didn't trust him. Therefore my first trade didn't fail. My second trade I placed as he directed and sure enough it began to fail so I aborted it to minimise the loss. I then traded myself to make up the money he had lost for me. I was $8 away from success when they froze my trade on coffee saying it was 'not live trading at this time' which I could clearly see it was. I watched as the green candlesticks soared and my trade stuck in the red. This aggressive guy said that people only complain on Trust Pilot when they lose their money because they didn't do as told. I am here to tell you that is utter rubbish this and this company is an absolute scam. I have video evidence of the platform trading whilst my trade was frozen and will be reporting them trading standards to see if can get them shut down - I hope this acts as a deterrent under NO circumstances touch them with a barge pole.

16 November 2022
Unprompted review
Rated 4 out of 5 stars

The mit ic company is a very worthy…

The mit ic company is a very worthy broker. I've been trading with them for a year now. For a long time I tested strategies on their demo. Then I opened a real account and started trading currency pairs. There are no comments on the work of the mit ic broker. The application works without interruptions, there are no problems with the withdrawal of money either. Technical support is sensible, always ready to help and answer your questions. In a word, company mit ic excellent professional broker

12 October 2022
Unprompted review
Rated 1 out of 5 stars

Do not fall for this Dangerous Scam

I don't know how my wife came across them but I assume some internet advert.
A person was calling her from a throw-away WhatsApp number on a near daily basis getting her to 'trade' and every time spoke to her about how bad things are in the economy and how its better to invest as much money with them to trade.
He tried to get her to take out loans and even coaxed her to get quotes for loans.
When getting quotes he directd her to a comparison site and gave her a password so her could login to check her 'credit viability'.
She ended up taking a loan for £10,000 which she claims she didn't apply for herself, though I'm not sure if she is being 100% honest with me on this.
The scam involves a person first paying for 'trader training course' and then sending money to them by purchasing bitcoin, it then becomes untraceable. You then send this untraceable currency to them and they put credit on your trading App.
Naturally the numbers on this trading application increased and they did allow her to have about £80 back to show that 'withdrawals' work.
This is a scam that uses social engineering techniques to win your trust. They get a person to transfer money in smaller amounts to avoid banks picking up on the scam. Don't fall for it!
No legit company would call you so often! Nobody who claims to dealing with multi million dollar trading would spend nearly an hour at a time speaking to a housewife about a small couple of thousand pounds!
Their website domain was only registered in July 2022, their offices are some temporary office that anybody can rent hot-desks on, and their number is a throw away one, as is their email.
I work in IT security and despite me, and the bank, telling my wife not to send money to these people she did so anyway. Suffice it to say this experience has damaged our marriage. The bank has managed to refund some of the money so far but we have been VERY lucky with that.
In summary, the scammers communication, website, the method of sending money, and their physical office are either temporary or completely untraceable.
DO NOT FALL FOR IT! Any positive reviews on here will be the scammers themselves!

27 October 2022
Unprompted review
Rated 1 out of 5 stars

The guy I was dealing with was Ian miller

The guy I was dealing with was Ian Miller. He was very rude to me when I wouldn’t invest more money
I’ve been asking for my money back for 3 weeks now and no one will get back to me
Very very bad person and Company to deal with so far

Regards
Brad Doerksen

3 October 2022
Unprompted review
Rated 1 out of 5 stars

These guys are rip off merchants i…

These guys are rip off merchants i deposited 250 dollars all went well for the first couple of days then I was asked if I wanted to take my trading to the next level by investing more money . I said I wasn't interested in depositing more and endured 25 minuets of my trader telling me I would never be happy ! , after insisting I wouldn't deposit any more funds the website has vanished . Absolute scam do not invest any cash with these guys .

20 October 2022
Unprompted review
Rated 1 out of 5 stars

Unregulated scammers

Unregulated scammers! Took legal advice and was assured that they are unregulated by the FCA which means taking your money from the UK is in fact a crime.
Scroll down the comments about a registration form about making a deposit the poster is indeed correct you can't ever get back to that page, and the website they direct you to is completely different. I sent my 'advisor' screen shots of the law about the unregulated company he works for and offered some careers advice - "get a better choice of career"
Do not part with your hard earned £250 if in doubt pay £5 to an online legal advisor for fraud and you will get all the answers you need - frankly the best £5 I ever spent!

14 October 2022
Unprompted review
Rated 3 out of 5 stars

Beware scam

Beware of this Company, they do not repay any money that you may make. Continously demand payment to release anything you have in your account. My bank is now carrying out an investigation into the company for fraudulent behaviour.
I advise you to avoid mit-ic.net like the plague

10 October 2022
Unprompted review
Rated 1 out of 5 stars

THEY DONT STOP! HARASSMENT!

THEY DONT STOP. IT IS HARASSMENT AT THIS POINT. A registration form was made in my name by mistake and they call every single day 8/9 times, BACK TO BACK. I have not, nor will be investing, but it doesn't stop them. I have told them this on multiple occasions. They use multiple phone numbers, landline and mobile, so hard to block. When you ask for them to remove you from the system they DO NOT listen.
Please save yourself and Do NOT register!

10 October 2022
Unprompted review
Rated 1 out of 5 stars

Absolute scam!!!

Absolute scam!!!! AVOID AT ALL COSTS!!

This company have stolen thousands and tried to get more and more from us!

It will all go well until you want to make a withdrawal from the account, you will be sweetened by the first withdrawal of around £100 but the next time oh no…

Don’t be fooled by the email from blockchain as blockchain have provided evidence this is a scam email they would never ask for $3000 to prove wealth!

Go back to MIT to state this, advise they can wire the money but need the capital gains tax upfront 🤣.. another ploy to get more and more out of you, try to make you take out loans, remortgage your home, sell your assets.

The head office is based in Zurich but they are in Manhattan!

BIGGEST SCAM AROUND!!

Very lovely broker, until she didn’t get her own way. Finance department willing to help until didn’t want to pay more to them.

LIES, LIES AND MORE LIES

7 October 2022
Unprompted review
Rated 5 out of 5 stars

He approached the choice of a broker…

He approached the choice of a broker very seriously, studied a number of literature, because he was afraid to fall for scammers. I can say with confidence about the Mit ic company that this is a completely legal broker. All of its registration documents are freely available, the information on the site is presented in an accessible and understandable language. If any disputes arise, the support service will tell you everything and tell you how to proceed. I like to cooperate with the Mit ic broker, let's see how things will be in the future

12 August 2022
Unprompted review
Rated 1 out of 5 stars

Scam

So, I thought this was a scam from the get go, but wanted to make sure.

I saw an ad for this on my Facebook page, as I was scrolling through my feed, and clicked on it. I was brought to a website, imitating the BBC NEWS website. Clicking anywhere on the page will bring up a registration form which asks for your name and phone number.

I filled in the small form and was then brought to 'my account' page, without any username or password creation, so there would be no way of returing to this page at a later date, though there was ample opportunity to make an initial deposit, and was told I would be contacted shortly, which I was.

I briefly explained, that I was just prospecting, and if, I, decided at a later date to invest then, I, would contact them. I asked for some more information about them via email.

The, so called, advisor, sent me a link to their company website, a different websote from the one that had the my accounts page, and explained that I should be able to find all the information I need there. I then explained that I would look through the information, and again reiterated that I will contact them, if, I decide to invest.

The following day I received several calls from varying numbers. Clearly, they took, no, notice of me, stating that, I would contact them, if, I wished to invest. I have received a good 6 or 7 further calls today, again, all from varying numbers.

All of this put together tells me, that, this "company" is running a scam. My advice is to ignore this company's ads and do not intact with them.

Any "5 star reviews" should be considered, suspect, as well. Genuine companies would not use a website that pretends to be BBC in order to advertise.

26 September 2022
Unprompted review
Rated 1 out of 5 stars

Horrendous people

Horrendous people. I filled in a form and sent by mistake. OMG - they call every day 8/9 times. I have not, nor will be investing, but it doesn't stop them. They use multiple phone numbers, landline and mobile, so hard to block.
Do NOT register!

21 September 2022
Unprompted review
Rated 1 out of 5 stars

Never use them

Never use them!
I registered with them and then decided I will not proceed. I spoke to their staff and explained why but they won’t take no for an answer. Ever since, they have passed my details to their partners and they all call me at least 7 times everyday.
I made a Subject Access Request and Right to be Forgotten request but they have ignored me. I will be going to the ICO and Ofcom should they continue their evil practice

15 September 2022
Unprompted review
Rated 1 out of 5 stars

MIT-IC is a scammer. Read their terms of business and you will know all you need.

MIT-IC is a Swiss firm, unregulated and, if you read its' own terms and conditions on its website, a shameless scammer. Register on their trading platform and expect to be bombarded by phone calls from multiple "advisors" from various mobile numbers. Fortunately I don't intend to invest and so haven't lost any money however these people are looking for the next mug: don't let it be you!!!

16 September 2022
Unprompted review
Rated 4 out of 5 stars

Honestly

Honestly, I don’t know how long the mit ic broker has existed, but reviews about mit ic are just top, reviews about them are just top, customer service is also at a high level, every transaction with them is a pleasure, even if it is in the negative, but I I get the most out of working with the broker mit ic

31 August 2022
Unprompted review
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