Is SERC Capital Legit or a Scam?
Simply put, SERC Capital is a complete hoax. They are not authorized or licensed to deliver the services they say they do. Please read this SERC Capital scam broker review to know more about this broker.
What is SERC Capital?
SERC Capital claims to be a leading online trading platform, offering a range of financial instruments and services to its clients. However, digging deeper into the company’s background reveals a lack of transparency and vital information that legitimate brokers typically provide. The absence of clear regulatory compliance and detailed company history is an immediate cause for concern.
Account Types
With no demo, the company only provides a single trading account. Depositing amounts above a predetermined level allows the accounts to be upgraded.
Trading robots, which are used by scammers, are designed solely to automatically withdraw money from an account. These robots are said to produce earnings that are assured.
Now, the account tiers are as follows:
- Intelligent Transaction Robot LV1 — Up to $500
- Intelligent Transaction Robot LV2 — Up to $5 000
- Intelligent Transaction Robot LV3 — Up to $ 50,000
- Intelligent Transaction Robot LV4 — Up to $200 000
- Intelligent Transaction Robot SLV — Up to $500 000
Video Review: https://youtu.be/VNzvnLbCCzQ?si=hEGY-G2jBhF_ComB
Red Flags and Warning Signs
It is purported that SERC capital, also referred to as SERC New Energy Options Exchange, was founded in Colorado, USA. The company’s primary line of business is share and stock binary options trading. This business needs a CFTC license to offer this service, yet it does not.
The company makes the implication that SolarCity, a division of Tesla Corporation, founded them. All of it is untrue because SERC capital is not mentioned at all by Tesla or SolarCity in their corporate papers.
We have attempted to hunt for authorization elsewhere because the US NFA database does not have any information regarding SERC capital.
Customer Complaints and Negative Reviews
A quick search online reveals a plethora of customer complaints and negative reviews about SERC Capital. Traders have reported difficulties in withdrawing funds, unexpected account closures, and poor customer support. Some clients claim to have lost significant amounts of money due to dubious trading practices facilitated by the broker.
Got Scammed by SERC Capital? We Help Victims!
If you believe you have fallen victim to the SERC Capital scam, it’s crucial to take immediate action. Report the incident to your local financial regulatory authority and provide them with all relevant details. Additionally, seek legal advice to explore potential avenues for recovering your funds.
