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dailytrade.live Scam Check: 10/100 Trust | ScamMinder

Website: dailytrade.live

Screenshot of dailytrade.live

Safety Score

10/100
✗ Scam Risk

Exercise caution when interacting with this website.

AI Analysis Results

Category: Financial
About this website:

The website dailytrade.live appears to be a scam. Here are the reasons: 1. Lack of Credible Information: The website provides very limited information about the company, its founders, or its physical address. Legitimate financial services websites typically have detailed information about the company's background, team, and contact details. 2. Unrealistic Promises: The website makes bold claims such as "99% on-time deposit & withdrawals" and "zero brokerage in all markets." These claims are highly unrealistic in the financial industry, where delays and fees are common. 3. No Regulatory Information: Legitimate financial service providers are usually regulated by financial authorities in their respective countries. The website does not mention any regulatory compliance, which is a red flag. 4. Lack of Security Information: There is no mention of security measures such as SSL encryption, which is crucial for protecting users' sensitive financial information. 5. Unprofessional Design: The website's design and layout appear unprofessional, with excessive use of bold and capitalized text, which is not typical of reputable financial service providers. 6. No Clear Business Model: The website does not clearly explain how it generates revenue, which is important for users to understand, especially in the financial services industry. 7. No Risk Disclosure: Legitimate financial service providers are required to provide clear risk disclosure statements to their users. This website does not have any such information. 8. Lack of Transparency: The website lacks transparency in its operations, fees, and terms of service, which is a common trait of scam websites. 9. No Social Proof: There are no customer reviews, testimonials, or social media links to establish the credibility of the platform. 10. High-Risk Features: The website promotes high-risk trading features such as "intraday - 500x margin" and "carry - 60x margin," which are not suitable for all investors and can lead to significant financial losses. It's important to exercise extreme caution when dealing with financial service providers, especially those with limited or questionable information. Always verify the legitimacy of a platform through independent sources and consider seeking advice from financial professionals before making any investment or trading decisions."

Risk Assessment: scam
📊 Analysis Reasons:
  • Lack of Credible Information, Unrealistic Promises, No Regulatory Information, Lack of Security Information, Unprofessional Design, No Clear Business Model, No Risk Disclosure, Lack of Transparency, No Social Proof, High-Risk Features