In this section we will analyze the broker Summapips (also called summapips.com), is a Forex, Cryptocurrency and CFD broker. Is Summapips really recommended for making an investment? Or is it better not to invest with this company? ⛔ Is it a safe broker? Is a gotcha? We will help you determine it. ✅
➡️ In this section you can find: opinions about Summapips ✅, claims eexperiences , ananalysis 📊 of the most important characteristics of this company (updated 2021), and most importantly: Is it summapips ⚠️ a safe broker? ⛔ Can we trust this company? ✅ Will we be able to withdraw our money? All this and more in this review on this investment company.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
✅ The broker mentions being part of: DMF Markets Ltd.
✅ Regarding its location, the broker mentions being based in: Saint Vincent and the Grenadines.
✅ If we analyze the regulation of the broker: they do not mention anything about being a regulated broker, which makes us think that it is an unregulated broker.
📌 Remember: the best (and safest) option are regulated brokersas they must meet very strict requirements. Work with an unregulated broker it is very risky. 📌
If now we go on to analyze account types offered by Summapips, we note that the page does not provide information about owning different types of account.
- Las platforms to operate that Summapips offers are: the MT5 platform.
We will now analyze the different resources and aids for traders that Summapips provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
Summapips provides the following aids or resources to traders or interested parties: welcome bonus, some live charts, economic calendar and also news, really not much more than this.
| Other information about Summapips |
Some more information in case you want to contact the company, or see its website for yourself.
🌏 Website: summapips.com
📞 Telephone number: does not have.
📧 Email: For inquiries you should contact directly from the website, for claims contact [email protected]
You might be wondering why we reviewed Summapips. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, providing key information about the company, we disclose information that every investor should know before leaning or not, for invest with an investment company.
>>> Assessment on Summapips <<
Ending with this section, in our opinion Do we think the Summapips company is trustworthy? Should you invest your money with the company?
Seeing all this, we recommend to exercise caution, because: it is an unregulated broker, it is based in a country that is not very safe to invest (Saint Vincent and the Grenadines), when looking for reviews about Summapips We found very few reviews, we believe that it is a new broker, without a track record. We suggest using caution.
⛔ Attention ⛔ : in June 2021 CNMV added Summapips to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.