Numera International Review – Is Numera International a Scam Broker?
- Website: https://numerainternational.com/
- Website Availability: Yes
- Address: No.9 Cassius Webster Building, Grace Complex, PO Box 1330, The Valley, AI-2640, Anguilla
- Warning: Not Recommended By Proupshot
- Domain Blacklisted Status: It seems there is no direct mention of this domain being on a blacklist.
It’s been established that Numera International is a forex broker founded in 2022 and registered in Saint Vincent and the Grenadines. It has garnered a lot of harsh criticisms and suspicions among traders and watchdogs alike. Although it remains a modern platform with some of the trendiest trading features, too many ingredients still suggest that Numera International would not be as credible as the claims.
Regulatory Concerns
Perhaps it is the most important red flag with regard to Numera International’s regulatory status. The broker claims to be authorized by the Anguilla Financial Services Commission (AFSC) under license no. A000000993. Anguilla is not particularly known for its stringent regulatory authority where forex trading is concerned. With such kind of regulation, questions seriously arise in regard to the broker’s accountability and oversight.
User Complaints and Negative Reviews
A lot of traders have encountered issues such as:
- Delays in withdrawal
- Unexplained suspension of accounts
- Bad experiences in customer service
Apart from the above, a similar numerical formula in almost all reviews of Numera International suggests that the sites do not do much to provide support or solutions in the process of getting back stat. The site claims to offer a 24/7 support service; however, most users say they have remained unanswered for days while the other part has no response to their exact query.
Limited Transparency
The broker offers trading in many instruments such as forex, commodities, and even cryptocurrencies through MetaTrader 5 (MT5). It also has features like;
- High leverage 1:1000
- Tight Spreads
- Demo and live account options
However, the aforementioned information is not available, leaving critical details like withdrawal processing time and fees associated with it vague in other heads. However, there is no clear-cut policy governing deposits and withdrawals and, thus, these red flags have made users feel mistrust.
Take Action Today
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