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Ethusdt Forex Broker provides real users with * positive reviews, * neutral reviews and 24 exposure review!

Ethusdt Broker Review

1.49

WikiFX monitor

Business

Influence E

License

No license

Ethusdt Review 24

Latest All(24) Exposure(24)
Exposure
出金できない

I met a Taiwanese woman named Lee Shiwen. After that, I contacted them on line. His uncle, Frank, is Zhou Qiren, a Chinese economist and director of the National Development Institute of Peking University. Registered with a company called ethusdt, a foreign currency exchange market, and invested about 10 million. After that, I found out that the account I transferred was frozen and the account was frozen as a fraud account. The bank informed me that there were more than 15 victims.

smashtakasan
2023-05-13
Exposure
Scam

I was cheated by a woman called Li Shiwen on Line. She persuaded me to deposited but later my account was blocked.

smashtakasan
2021-09-24
Exposure
Fraud platform

I was cheated by a Taiwanese woman named Li Shi. My uncle said he was Zhou Sujin and knew him on LINE. He said the remittance party designated by Ethusdt, the foreign exchange supervision and risk control department had blocked the account. According to the police and the bank, the account was blocked due to a scam on July 18.

smashtakasan
2021-08-03
Exposure
Fraud company and lawyer

The female lawyer called Li Shishi from Taiwan said her uncle is Professor Zhou, a Chinese economist and dean of the National Development Research Institute of Peking University. Ethusdt was a fraud company. I was unable to withdraw. The unpaid reminder was as follow. Date: 2021-06-19 13:43:39 Dear customer, your payment has been rejected Amount: 100,000.00 Reason for rejection: You did not pay the last 6 million yen deposit guarantee, please pay 6 million yen to ensure that your bank account is safe and submit withdrawal.

smashtakasan
2021-07-25
Exposure

The female lawyer called Li Shiwen from Taiwan said her uncle is Professor Zhou, a Chinese economist and dean of the National Development Research Institute of Peking University. Ethusdt was a fraud company. I was unable to withdraw. The unpaid reminder was as follow. Date: 2021-06-19 13:43:39 Dear customer, your payment has been rejected Amount: 100,000.00 Reason for rejection: You did not pay the last 6 million yen deposit guarantee, please pay 6 million yen to ensure that your bank account is secure and submit a withdrawal request.

smashtakasan
2021-07-24
Exposure
Fraud company and lawyer

Taiwanese woman Li Shishi is a lawyer. Ethusdt is a fraud company. I’m unable to withdraw. In order to withdraw 6 million yen, it sent me an email telling me to pay another 6 million yen. According to the email, the reason for refusal was as follow: You have not paid the last deposit of 6 million yen to guarantee your bank account information, so we are temporarily unable to provide you with withdrawal conditions. Please pay 6 million yen to ensure the safety of your bank account and submit another withdrawal request. It is clear that the fraud company needs to be supervised. The bank account of the fraudulent transfer has been locked, and 16 users have applied for compensation.

smashtakasan
2021-07-19
Exposure

When I tried to withdraw, I received the following email. Non-payment reminder date: 2021-06-19 13:43:39. Dear customer, your payment has been rejected. Amount: 100,000.00 Reason for rejection: You have not paid the last 6 million yen deposit guarantee, please pay 6 million yen to ensure that your bank account is safe and submit the withdrawal request again. Please note that you are a fraudulent company. So we are temporarily unable to provide you with withdrawal conditions. Please pay 6 million yen to make sure your bank account is safe, and then submit the withdrawal request again. The lawyer is a woman named Li Shishi from Taiwan!

smashtakasan
2021-07-16
Exposure
Fraud platform, female scammer

A Taiwanese woman named Li Shiwen is a scammer. Her uncle said that his name is Zhou Sujin and contacted on LINE. The account designated to transfer funds on Ethusdt was locked. Them he began to change topics and talked about foreign exchange supervision and risk control departments. I called the police and the bank for help about the reasons for locking my account and found that the account was frozen and it was a fraud transaction. When the police notified me, my account had expired.

smashtakasan
2021-07-16

  

Ethusdt 2025 Review: What You Need to Know

  Summary: Ethusdt has garnered significant negative feedback from users and experts alike, primarily due to its unregulated status and numerous complaints regarding withdrawal issues. Key findings indicate a lack of transparency and potential fraudulent activities associated with this broker.

  Note: It's important to recognize that different entities may operate under the Ethusdt name across various regions, which complicates the assessment of its legitimacy. This review is based on a comprehensive analysis of available data to ensure fairness and accuracy.

  

Rating Overview

Category Rating (out of 10)
Account Conditions 2
Tools and Resources 3
Customer Service and Support 1
Trading Experience 2
Trustworthiness 1
User Experience 2

  How We Rate Brokers: Our ratings are derived from extensive research, user feedback, and expert opinions, ensuring a balanced perspective on the broker's performance.

  

Broker Overview

  Founded in 2020, Ethusdt operates under the company name Ethusdt International Limited, with its headquarters seemingly located in China. The broker lacks any regulatory oversight, which raises significant concerns regarding the safety of user funds. Ethusdt offers trading through the popular MetaTrader 5 (MT5) platform, providing access to a variety of financial instruments, including forex pairs, commodities, and cryptocurrencies. However, the absence of a regulatory framework places potential traders at risk.

  

Detailed Analysis

  Regulated Regions: Ethusdt operates without any valid regulatory licenses, making it a high-risk option for traders. According to various sources, including WikiFX, the broker has received a low score of 1.42 out of 10, highlighting its unregulated status and lack of credibility.

  Deposit/Withdrawal Methods: There is limited information regarding the payment methods supported by Ethusdt, which is a common red flag for potential scams. Users have reported significant issues with withdrawals, including long processing times and outright refusals to process requests. Many complaints indicate that users often feel powerless in retrieving their funds once deposited.

  Minimum Deposit: Ethusdt requires a minimum deposit of $100, which is relatively standard; however, it lacks the flexibility seen in other brokers that offer lower entry points.

  Bonuses/Promotions: There is no clear information regarding bonuses or promotional offers from Ethusdt, which may further indicate a lack of transparency in their operations.

  Trading Asset Categories: Ethusdt provides a limited range of trading instruments, primarily focusing on forex, commodities, and cryptocurrencies. However, the absence of popular assets such as stocks and ETFs may deter some traders.

  Costs: Ethusdt claims to have spreads starting from 0.8 pips, but given the broker's unregulated status, these figures should be approached with caution. Users have reported hidden fees that emerge during the withdrawal process, which complicates the overall cost assessment.

  Leverage: The broker offers leverage up to 1:100, which is considered high and poses significant risks, particularly for inexperienced traders. High leverage can amplify both profits and losses, making it a double-edged sword.

  Allowed Trading Platforms: Ethusdt exclusively offers the MT5 platform, which is known for its advanced trading features. However, the lack of regulatory oversight raises concerns about the safety of using such a platform.

  Restricted Areas: Ethusdt does not provide clear information on restricted regions, but the absence of regulation suggests that it may operate in multiple jurisdictions without proper oversight.

  Available Customer Service Languages: Ethusdt appears to offer customer service primarily in English, but users have reported difficulties in reaching support, further exacerbating their concerns about the broker.

  

Repeated Rating Overview

Category Rating (out of 10)
Account Conditions 2
Tools and Resources 3
Customer Service and Support 1
Trading Experience 2
Trustworthiness 1
User Experience 2

  

Detailed Breakdown

  •   Account Conditions (2/10): Ethusdt's account conditions are not favorable, especially considering the lack of regulatory protection. The minimum deposit requirement is standard, but the overall risk is significantly heightened due to the absence of oversight.

  •   Tools and Resources (3/10): The availability of the MT5 platform is a positive aspect, but the lack of educational resources and transparency diminishes its effectiveness for new traders.

  •   Customer Service and Support (1/10): User reviews consistently highlight poor customer service, with many reporting difficulties in reaching support and receiving timely assistance.

  •   Trading Experience (2/10): The trading experience is marred by reports of withdrawal issues and a lack of transparency in fees, making it a frustrating environment for users.

  •   Trustworthiness (1/10): Ethusdt's unregulated status and numerous complaints about fraudulent activities contribute to a very low trust rating.

  •   User Experience (2/10): Overall user experience is negatively impacted by the reported issues with withdrawals and customer service, leading to widespread dissatisfaction among traders.

  •   In conclusion, based on the comprehensive analysis of the Ethusdt review, it is clear that potential traders should exercise extreme caution. The broker's unregulated status, withdrawal issues, and negative user experiences indicate that it may not be a reliable option for trading. It is advisable to seek out regulated brokers with positive reviews to ensure a safer trading environment.