Equitiz Review 2026: Scam or Legit? Withdrawal & Risk Report

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Q&A

Is Equitiz a reliable broker?

Tawfiq Ioannou

Belarus

Oct 20, 2023

ANSWER No, Equitiz is not reliable. On the contrary, it is a fraudulent trading platform.Equitiz pretends to be a trustworthy company but does not disclose any details about its regulation or contact. This is a clear sign of an unregulated broker, as licensed companies always display their credentials and licenses prominently. It is a warning sign. Moreover, it is based in Switzerland, but no corresponding information was found in the Swiss Financial Market Supervisory (FINMA).Additionally, both the Financial Conduct Authority (FCA) and the Comisión Nacional del Mercado de Valores (CNMV) have warned that Equitiz was offering financial services or products without proper authorization. The FCA warning can be accessed here, and the CNMV here. Besides, the negative feedback from its clients confirms that it is a dishonest platform.The reality is that Equitiz is not supervised by any regulators and is a fraud. Allowing it to manage or possess investors' money is risky, and the money can not be safeguarded by any laws. We strongly suggest investors steer clear of Equitiz and other unlicensed trading platforms. To protect the interests, it is recommended to choose fully regulated brokers instead.

1 comments

James Patterson

I currently have an open trading account with these thieves,I’ve been trying to make a withdrawal for over a month,my account was mid sold to me & apparently I had only sighned up for a3 day trial,this was meant to be totally automated Elon Musks Quantum AI,they’ve tried to get me to take bank loans out or loans from elsewhere,instead of them making you money they just want you to keep giving them,another scam contacted me saying when I opened my trading account I also opened a crypto account that has a 4& 1/2 grand balance,this the complete automated trading package,i just had to pay a small fee of 200,told him I knew nothing about crypto account & he told me it was my broker from Equitiz who set it up,i said well you get them to tell me that,there was no brokers names mentioned,30 minutes later my broker called & tried to tell me they are legit,I phoned another broker in same office who told me that it was a scam,when I told him my broker had phoned & said it was legit he basically called me a liar,my broker hadn’t called it must’ve been someone “pretending “they were my broker & when I was adamant he was wrong he tried telling me I was telling him lies!I’ve not had a trade on in 2 months because I don’t want to trade I just want to withdraw my balance,I’d be happy with just the money id deposited to them back,they phoned before Christmas trying to talk me into continuing to trade & I told them I needed money for Christmas quote “what if we send you £100 & keep the rest for trading “when I refused they just put the phone down,white collar crime at its finest

Dec 29, 2023

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