Is farazgold.com a Scam? 0/100 Trust Score

Exercise caution when interacting with this website.

The website 'farazgold.com' claims to be an advanced platform for trading in gold. It emphasizes features such as high transparency, demo accounts, advanced tools, online support, and market analysis. It also promotes high security, fast trade execution, dedicated support, income through referrals, and quick settlements. The site encourages following them on social media, direct trading without intermediaries, risk-free practice, and 24/7 availability. It states that it's a place for buying and selling gold among colleagues, jewelers, and cash traders, offering real-time data, precise charts, and advanced tools for gold market analysis. It assures secure transactions without worries, immediate action on trade opportunities, and always-available customer support. It claims to have years of experience in precious metal markets, providing a secure and efficient platform for gold trading. It mentions using innovative technologies and a specialized team to offer necessary facilities for transparent, safe, and high-yield trading. The site's goal is to enhance the knowledge and skills of Iranian traders to operate with confidence and greater awareness in the gold market. It offers a 40% commission on the fees of referred traders. It promises the fastest deposit and withdrawal times with the highest limits. It asserts 24/7 availability for calls, emails, and tickets. The copyright notice indicates the year 2024. The site provides links to its main page, services, about us, blog, contact, and FAQ. It also includes a calculator, symbols, and a login option. There's a link for registration and starting, and a mention of a test website. The content is in Persian. The site's design is professional, with a clean layout and clear navigation. It uses a secure connection (HTTPS) and has a valid SSL certificate issued by Google Trust Services. The domain is relatively new, registered for just over a month. The server information indicates that it's hosted on Cloudflare. The site has been indexed by the Wayback Machine, with the most recent capture being 24 days ago. The Tranco rank is 3,591,698. The site's content and claims should be carefully evaluated. Here are some points to consider: 1. New Domain: The domain is relatively new, which can be a red flag for financial platforms. Scammers often create new websites to avoid a negative reputation. 2. High Returns: Promising high returns, especially in financial trading, is a common tactic used by fraudulent platforms. It's important to be cautious of such claims. 3. Referral Commissions: Offering high commissions for referrals can be a sign of a pyramid or Ponzi scheme, where new investors' money is used to pay earlier investors. 4. Limited Contact Information: While the site mentions 24/7 support, it's essential to verify the availability and responsiveness of the provided contact channels. 5. Unrealistic Promises: Claims of being the fastest, most secure, and highest yielding platform should be carefully scrutinized, especially if they seem exaggerated. 6. Language and Target Audience: The site's focus on Iranian traders and its content in Persian should be considered in the context of the user's location and familiarity with the language. 7. Regulatory Compliance: Check if the platform is registered with relevant financial authorities and complies with regulations in the jurisdictions it operates in. 8. Independent Reviews: Look for independent reviews and feedback from other users to gauge the platform's reputation and performance. 9. Secure Connection: While the site uses HTTPS, which is a positive sign, it doesn't guarantee the legitimacy of the platform. It's just a basic security measure. 10. Verify Claims: Any claims made by the platform, such as years of experience, advanced technology, and high security, should be independently verified. It's important to conduct thorough research and, if considering using the platform, start with a small investment to test its legitimacy and performance. As with any financial platform, especially in the context of online trading, it's crucial to exercise caution, conduct independent research, and consider seeking advice from financial professionals before making any investment decisions."

• New Domain, High Returns, Referral Commissions, Limited Contact Information, Unrealistic Promises, Language and Target Audience, Regulatory Compliance, Independent Reviews, Secure Connection, Verify Claims