If you wish to safely speculate on derivatives markets, you should definitely choose another broker as your partner. A reliable Forex provider isn’t the one who just claims to offer premium features and service – it’s a fully legitimate portal instead. 

As you’ve probably already guessed, these charlatans are liars and manipulators that impersonate investment professionals while aiming to rob you. Read our Pulse Investments review for more insight into how this fraud operates and how you can recover lost deposits.

Not Entered FCA Registers

Investment firms, brokerage operators and similar financial services providers operating from the UK are obligated to get certified by the jurisdictional regulatory body – FCA. 

The Pulse Investments broker claims to be owned by an anonymous company called PULSE, allegedly operating since 2009. This firm hasn’t been licensed by the Financial Conduct Authority, FCA, to promote and sell online trading services. 

It is clear that the charlatans aren’t even aware this is the supervisory authority in the UK because they mention being regulated by the Financial Services Authority instead. In addition, the company doesn’t have a license from any other regulatory authority, such as BaFin, CNMV, CONSOB, AMF or any other.

Pressuring Victims to Invest

The domain operated by these scammers did not exist prior to 2020. The first traces of this so-called brokerage date back to April 2024. Majority of victims are from these areas:

• Germany
• Poland
• Czechia
• Netherlands

Buying up old or dormant domains is a common strategy with fake companies, with WiseCapitalX being another example. If the victims try to check for any customer made Pulse Investments reviews, however, they will find none.

Without any external links to the site, the fraudsters contact harass the marks by phone. They will pitch their make-believe service and become more obnoxious, even abusive over time.

Some people will eventually crack under pressure and invest, only to see their money stolen. If this story sounds familiar to you, feel free to contact our expert team for help.

Dishonest Through and Through

The Pulse Investments scam doesn’t reveal any of the costs present on their online trading portal. In addition, legal documents are just as untransparent and just chunks of useless text. There are always promises about premium service, advanced technology and lowest costs in the industry, as always. 

However, the broker fails to reveal even the basic trading parameters, such as leverage, spreads and trading commission, if included.

Bonus on Each Deposit

As additional means of attracting unsuspecting victims, the firm uses Pulse Investments bonus. Clients can become eligible for a 50% bonus of every deposit. 

Legal papers don’t even mention withdrawal conditions for these cash incentives. Therefore, we can only assume trading volume requirements only come into play when it’s already too late.

Blocked Access to Trading Floor

The website is structured to resemble a real trading environment, but it is nothing of the sort. It is packed to the brim with various advertisements and fancy words with very little substance.

Site visitors can’t easily create a Pulse Investments login account, let alone access the client dashboard. This makes sure that no outsiders can access the trading floor – only those hand picked by boiler room agents beforehand.

Ripoff Trading Platform

There’s two kinds of ripoff with the Pulse Investments trading app. The more obvious one, judging by the screenshots on the website, is that the so-called PCITrader is a knockoff clone of the MT4 software.

The other ripoff lies in the purpose of the program. Many fraudsters, including ETHWorld we reviewed earlier, actively manipulate the market data. This ensures that the client loses on every speculation, justifying the need for additional investments.

Advertised Range of Assets

The broker allegedly specializes in trading CFDs and ETFs. The instruments are divided in a number of groups, with each having a few examples:

• Forex – EUR/USD, AUD/CAD, CHF/GBP
• Shares CFDs – Apple, Tesla, Chevron
• Indices CFDs – UK100, US Tech 100, Japan 225
• Commodities CFDs – Gold, Coffee, Crude Oil
• Bonds CFDs – TLT, IEF, JNK
• Interest Rates CFDs – Short Sterling, Euribor, Eurodollar
• ETFs – SPY, WTI, XLF

Signup Process is a Drag

You can’t just register a Pulse Investments account whenever you please. To maintain an illusion of professionalism, these charlatans force all interested traders to first download a 3-page application form. 

After filling it, you can submit it to the company representatives and have your account created for you if you get approved. That is the default account type and the only one, as the website doesn’t mention any other ones and there’s no customized packages for sale.

Not a Single Mention of Payouts

Nowhere on the site is the Pulse Investments withdrawal mentioned even once. There is no information concerning payouts posted anywhere, including legal documents, which we previously saw were entirely useless. Weasel words are all you’ll ever find, as the fraudulent entity has nothing else to offer. 

Since they’re just another textbook fraudster, they probably only accept crypto transactions in order to keep their anonymity and avoid legal consequences of their actions. 

Getting in Touch

If you’re facing an issue related to any of the features provided, well, tough luck, but nobody will help you with it. Instead of actually being a diligent customer assistance office, the alleged support team isn’t available ever, let alone 24/5, as claimed. 

Contact information on the site is entirely false and you won’t be able to use it to reach out to the customer service.

Get Your Cash Back Today!

Losing your hard-earned capital to online financial swindlers is far from pleasant. However, don’t let despair and resignation get the best of you. Stand up for yourself and get help from our recovery specialists. 

Our professional chargeback team can help you with advice and legal support regarding the chargeback process. For more information on how to book a free consultation with our experts, contact one of our live chat agents. 

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