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SEAGULL Forex Broker provides real users with * positive reviews, * neutral reviews and 4 exposure review!

SEAGULL Broker Review

1.55

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Field Survey Danger

License

ASIC Revoked

SEAGULL Review 4

Latest All(4) Exposure(4)
Exposure
Seagull broker scam registered in Cayman, not Australian seagull broker

On April 9, 2022, I was recommended by a stranger in the telegram group to register an account on the SEAGULL exchange (registered in the Cayman Islands), and transferred USDT to my registered account to conduct BTC contract transactions. SEAGULL Exchange APP download address: https://m.seagull-crypto.com/#/pages/settings/index SEAGULL exchange website: https://seagull-crypto.com During this period, I also downloaded and browsed the SEAGULL white paper . After completing the registration, the contract operation was carried out. In the case of a small profit, 100 USDT was successfully withdrawn on April 9, and the position was gradually increased. Finally, the investment reached USDT 87,000 on May 1. The deposit address of the personal account on the exchange: USDT chain type The deposit address of TRC-20 is: TFKZo8yNbcr3i84KUCap3PVU1LjiLbTWEd During the period from April 9th ​​to May 1st, I kept depositing USDT and conducting contract operations. On May 1st, after successfully withdrawing 5,000 USDT at 10:00 p.m. Beijing time, on May 2nd, I applied for a withdrawal of 5,000 USDT, which means that it could not be withdrawn, indicating that the account was abnormal. After asking the online customer service, the online customer service gave a telegram customer service contact information SEAGULL CES 064 to communicate. The telegram customer service said that I was suspected of money laundering, illegally withdrawing funds from the platform and a series of non-existent reasons. At the same time, I was required to deposit a 20% profit risk fund into my personal account. After verification by the risk control department, I can withdraw money. (For details, please refer to the direct chat screen shot of customer service and me.) At this time, I realized that the SEAGULL exchange is a deceptive exchange. Small profits can be withdrawn, and large amounts are all restricted. Communicate with the customer service, unable to bear the risk of depositing 20% ​​of the profit, voluntarily give up all the income, and only ask for the principal back, but all were rejected. After that, I borrowed more than 20,000 U and deposited it to the address designated by the customer. Then the customer said that it could be withdrawn after 3 days. After 3 days, the attempt to withdraw failed. The account was frozen after an hour, and then after the corresponding amount was not deposited, the account was restricted from logging in, permanently frozen, and the Telegram customer service was deleted. I hope you take me as a warning, never trust the inducement that others bring you to earn, don't trust any strangers in the telegram group, and stay away from the SEAGULL exchange. I lost a total of 107,000 U.

LS34828
2022-06-03
Exposure
A scam with guiding order, requires margin and profit tax, a total of 40%, and then closes the account if it is not paid, everyone must stay away from the seagull broker

I was invited by a stranger via telegram and pretend to guide the order. Then, found that there is profit so I invest more. Now, I cannot withdraw nor log in. I cannot even reach the customer service.

LS34828
2022-06-03
Exposure
Fraud platform. Easy to deposit, but hard to withdraw.

The first time I withdraw it in small amounts, let me loose my guard. The second 24-hour audit or the block chain is blocked, and the last time, the big withdrawal channel is triggered, and you have to pay 40% of your current position. During this period, you are constantly being called to open positions, and the larger the position you induce, the greater the profit. The liar will show the records of the transactions and deposits and withdrawals you made with him. They are all controlled by them. The records show a high amount, which will make your heart flutter. Usually, they will ask you to deposit money before they are willing to take you to trade. Once a day, you will be expected, and if you don’t enter, you will not bring it. This is their psychological tactic. These liars will also encourage you, don’t be timid about what you want to do, stick to it, and create motivation. The so-called motivation is to find a way to borrow if you don’t have money. They don't care if you live or die, they'll just drain the last drop of blood from you. Greedy words is poverty, this time I let me experience it hard, and it is also a lesson of blood. I hope you stay away from these small and black-hearted platforms. I would rather eat happy porridge than frown rice. I'm glad I didn't go to an underground bank or a credit card, otherwise I really wouldn't be able to turn around.

FX1480415148
2022-05-22
Exposure
Seagull is unable to withdarw

Seagull crypto, a platform for short trade. It can only withdraw a few after deposit. Now, it cannot withdraw at all. They will invite people in Telegram. It can make a great of profit, but cannot withdraw.

FX1725382350
2022-04-16

  

Seagull 2025 Review: Everything You Need to Know

  In the evolving landscape of forex trading, Seagull has emerged as a noteworthy player, albeit with mixed reviews. While some users appreciate its trading platform and features, concerns about regulation and customer service have raised red flags. This review delves into the essential aspects of Seagull, highlighting both its strengths and weaknesses based on recent findings.

  Note: It is crucial to consider that the regulatory environment varies significantly across regions, and the information presented here is aimed at providing a balanced view of Seagull's offerings.

  

Rating Overview

Category Rating (out of 10)
Account Conditions 6
Tools and Resources 7
Customer Service and Support 5
Trading Experience 6
Trustworthiness 4
User Experience 5
Additional Considerations 6

  How We Rated the Broker: Ratings are based on a comprehensive analysis of user experiences, expert opinions, and factual data regarding Seagull's services.

  

Broker Overview

  Founded approximately 5 to 10 years ago, Seagull operates under the name Seagull Global Markets Pty Ltd, with its platform registered in New Zealand. The broker offers trading through popular platforms such as MT4 and MT5, catering to a wide range of asset classes, including forex, commodities, and cryptocurrencies. However, Seagull's regulatory status is questionable, with reports indicating a revoked license from ASIC in Australia, which raises concerns about its trustworthiness and operational legitimacy.

  

Detailed Review

  

Regulatory Environment

  Seagull's regulatory framework is a significant concern, as it lacks robust oversight from reputable financial authorities. The broker's license from ASIC was revoked, leading to questions about its operational legitimacy. This absence of regulation can expose traders to higher risks, making it essential for potential clients to exercise caution when considering this broker.

  

Deposit and Withdrawal Options

  Seagull supports various deposit and withdrawal methods, including bank transfers and credit cards. However, users have reported delays and complications in processing withdrawals, which can be frustrating. The lack of transparency regarding fees associated with these transactions is also a point of concern.

  

Minimum Deposit Requirement

  The minimum deposit requirement for opening an account with Seagull is relatively low, making it accessible for new traders. However, the exact amount varies depending on the account type chosen, which can lead to confusion.

  

Bonuses and Promotions

  Seagull occasionally offers promotional bonuses, but the terms and conditions surrounding these promotions are often unclear. Traders should carefully read the fine print to understand the implications of accepting such bonuses, as they can affect withdrawal capabilities.

  

Asset Classes Available

  Seagull provides a diverse range of tradable assets, including major and minor currency pairs, commodities, and cryptocurrencies. This variety can appeal to traders looking to diversify their portfolios. However, the quality of the trading experience varies, with some users reporting slippage and high spreads during volatile market conditions.

  

Costs (Spreads, Fees, Commissions)

  The trading costs associated with Seagull are another area of concern. While the spreads may appear competitive initially, reports indicate that they can widen significantly during periods of high volatility. Additionally, users have noted hidden fees that can impact overall profitability, making it essential for traders to keep a close eye on their transaction costs.

  

Leverage

  Seagull offers leverage options, allowing traders to amplify their positions. However, the high leverage can also magnify losses, making it crucial for traders to manage their risk effectively. This aspect is particularly vital for inexperienced traders who may not fully understand the implications of leveraged trading.

  

Trading Platforms Allowed

  Seagull supports trading on popular platforms like MT4 and MT5, which are known for their user-friendly interfaces and robust functionality. However, some users have reported technical issues and slow execution speeds, particularly during peak trading hours.

  

Restricted Regions

  While Seagull operates in various markets, it is essential to note that certain regions may have restrictions on trading with this broker. Potential clients should verify their eligibility before opening an account.

  

Available Customer Support Languages

  Customer support is a critical aspect of any trading experience, and Seagull offers support in multiple languages. However, users have expressed dissatisfaction with the responsiveness and effectiveness of the customer service team, indicating that improvements are needed in this area.

  

Repeated Rating Overview

Category Rating (out of 10)
Account Conditions 6
Tools and Resources 7
Customer Service and Support 5
Trading Experience 6
Trustworthiness 4
User Experience 5
Additional Considerations 6

  

Detailed Breakdown

  •   Account Conditions: The minimum deposit requirement is low, but the lack of clarity regarding account types can be confusing for new traders. The promotional bonuses may also come with strings attached.

  •   Tools and Resources: Seagull provides access to popular trading platforms like MT4 and MT5, along with various educational resources. However, the effectiveness of these resources can vary.

  •   Customer Service and Support: While Seagull offers multilingual support, the quality of customer service has been criticized for being slow and unhelpful.

  •   Trading Experience: Users have reported mixed experiences with execution speeds and slippage, particularly during volatile market conditions.

  •   Trustworthiness: The revoked ASIC license raises significant concerns about the broker's trustworthiness, making it crucial for potential clients to conduct thorough due diligence.

  •   User Experience: Overall user experience is affected by technical issues and customer service challenges, which can detract from the trading experience.

  •   In conclusion, while Seagull offers some appealing features for traders, significant concerns regarding regulation, customer service, and trading costs must be addressed. Potential clients are advised to proceed with caution and consider alternative brokers with more robust regulatory oversight and positive user experiences.