The trading intermediary “Payscrow Trader” does not disclose any information about itself to unauthorized users. It is unclear how to register on the website trader.payscrow.io, as there is no such button. You can see the appearance of the official website, which is available in Russian, in the screenshot provided below.
It is unknown whether registration is impossible because the brokerage company is not accepting new users, or if access to the project is only possible by invitation from current members.
Due to the inability to complete the registration procedure, it is impossible to say whether the trading agent Payscrow Trader has licensing documents from any regulatory bodies. The broker does not provide any contact information for unauthorized users. All this can, even before starting work, cause distrust and doubts among potential users.
Due to difficulties with registration, it is impossible to clarify the following details of the trading conditions:
No information is provided on the availability of a demo account or its equivalents.
For unauthorized users, the trading intermediary Payscrow Trader does not provide any information about its trading terminal or on which devices it is available.
Due to registration difficulties, it is hard to say anything regarding ways to deposit funds, withdraw money, transaction times, and limits. Some details may be available after authorization in the Payscrow Trader personal account.
The trading agent Payscrow Trader cannot claim leading positions in the broker rankings due to difficulties accessing the project and its unclear status. The lack of information about the brokerage company, licensing documents, and trading conditions may deter potential users. The lack of contact information can further exacerbate the situation. Therefore, even if the trading agent starts accepting new clients, or if a potential user has the opportunity to register on the project, it is recommended to thoroughly familiarize yourself with information from independent market specialists and carefully check reviews about Payscrow Trader from actual users of the trading platform before starting cooperation with such a trading intermediary.
Such one-day firms usually find someone through messengers like Telegram, contact them, and tell tales about how they have the best trading conditions on the market, and generally, everyone who ends up with them is the luckiest person in the world. But as soon as you try to withdraw money, the fun begins. In short, don't trust them!!
Payscrow Trader no longer recruits new suckers, it seems they've already scammed enough fools, or they've been caught and are quickly packing up. Well, they'll probably open again under a different name soon. In short, forget about this scam, it's a typical pyramid scheme.
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