Warning: Is Newgrtdeals a Scam?

Review: Newgrtdeals (newgrtdeals.com)

Be careful of Newgrtdeals (newgrtdeals.com); it exhibits multiple indicators of a scam.

Newgrtdeals claims to be a financial platform, but it appears currently unregulated by any major commission, like the ASIC or CySEC.

Cannot Withdraw from Newgrtdeals?

If you think you were scammed by Newgrtdeals, act now. Submit the inquiry below to speak with investigative experts for a complimentary assessment.

Is Newgrtdeals Legit?

Our check shows that Newgrtdeals does not hold a valid license.

Investing with unlicensed entities is extremely risky. Legitimate firms are always authorized with agencies like the FINRA or FCA to protect investors.

Newgrtdeals operates without this supervision. As a result, there is no protection if they withhold your money. Many online scams use unregulated entities, and recovering money from them is hard without expert help.

For example, in the UK, unlicensed firms are not covered by the Financial Ombudsman. In America, they are not members of regulatory bodies, so your money is at risk.

How They Steal Money

Investment fraud is evolving. Criminals use manipulation to take wealth. Below are typical methods seen in sites similar to Newgrtdeals (newgrtdeals.com).

Pig Butchering & Romance Scams

"Pig Butchering" is a common tactic where scammers build trust over months. They build a friendship online. Once trust is built, they introduce a special crypto opportunity. It's a trap to get you onto a scam site like Newgrtdeals.

Rigged Platforms

Fraudsters create websites that look exactly like real trading apps. They have charts and profits that increase. But it is a game. The scammer controls the prices to make you feel rich to deposit more. If you ask for a payout, the "profits" disappear.

Other Warning Signs

• Unsolicited Contact: You get calls from "brokers" out of the blue.
• Unregulated: The firm has no legal registration.
• Guaranteed Profits: They promise 1% daily returns with no risk.
• Cannot Withdraw: You cannot get your money out. They demand "tax fees" before releasing funds.
• Pressure Tactics: "Account managers" pressure you to deposit more.

Do not trust positive ratings. Scammers frequently post their own 5-star comments to appear real.

Verdict

Newgrtdeals is not trusted. It is likely a fraud. Save your funds and find a regulated broker. Avoid newgrtdeals.com at all costs.