Clearsave Review

Clearsave is an online trading company which is owned by Lagoon Technologies Ltd. It is located at Suite 305, Griffith Corporate Centre 1510, Beachmont Kingstown, St. Vincent, and Grenadines. They can be contacted by phone at +442038857577 +442035197495 +31203699551 +31203699552 and by email at support@clearsave.io. The website of the company is found at https://www.clearsave.io. It is currently not in use. If you are looking to invest your money here, first read our Clearsave review.

ClearSave regulation status

ClearSave claims to be a leading company for online trading services. They offer CFDs, stocks, commodities, futures, forex pairs, and spot indices. Don’t easily trust these claims; most of the claims provided by the companies are untrue. If you are a trader and want to invest money in a trading platform, check the broker’s regulated certificate first. The regulated certificate of a broker shows whether the broker is legit or not. ClearSave does not mention its regulation certificate on its website. They hide the details about the company owner and employees details. They also got a warning from a central authority and were black-listed by them. All these points indicate that ClearSave might be involved in illegal activities like scams. If you want to avoid scam brokers, visit the regulator site and check online if the broker name is registered or not, depending on the broker’s jurisdiction.

Warning issued against Clear Save

Clear Save got warnings from multiple regulatory authorities like the United Kingdom – Financial Conduct Authority, Spain – ComisiónNacionaldel Mercado de Valores, and Singapore – Monetary Authority of Singapore.

How does the clearsave.io scam work?

Scammers use a few tricks to convince people to invest money with them. First, they contact through online ads and social media, or they will call people to make an initial deposit. They make a promise to double your initial investment. Later you realize that you have been scammed by a scam broker. Fraudsters steal all your money or block your account. If you contact them, they show all the terms and conditions that you never read before investing. Do not trust these scam brokers.

Customer review 

Report Scam found that this broker got negative customer reviews on many sites. They also have a low trust score among customers. After reading all the negative Clearsave reviews, we found that this broker is not legit for investing. It’s better to escape from this broker or any other unregulated broker. We provide a scam brokers list of 2021 and 2022 on our website that helps you to avoid such scam brokers.

Conclusion

Clearsave did not mention any regulated certificate on its website and got a warning from a regulatory authority, which means it is potentially involved in a scam. Report Scam always advises staying away from an offshore and unregulated broker. If you are a victim of online scams, a chargeback is an option for fund recovery. Fill out a complaint form on our website. Our experts will provide you free consultation, and we will guide you in the process of fund recovery.