More like a sophisticated remote access scam attempt rather than a trading portal, the Saturn4u broker won’t make you rich overnight, as they like to claim.
The overpriced, yet completely fictitious services promoted on their website can’t quite ensure the promised elevated Forex experience. So keep reading this Saturn4u review as we peel off one layer of lies after the other.
| Regulated by: | Unregulated Broker |
| Is This Company Safe? | Having no license, this trading company is not considered safe! |
| Known Websites: | saturn4u.com |
| Have Warnings from: | N/A |
| Registered in: | Switzerland (alleged) |
| Operating since: | 12.10.2023. |
| Trading Platforms: | MT5 |
| Maximum Leverage: | 1:50 |
| Minimum Deposit: | $250 |
| Deposit Bonus: | Hinted, undisclosed |
| Trading Assets: | Forex, Crypto, Commodities, NFTs, Stocks |
| Free Demo Account: | Not available |
| How to Withdraw from This Company? | Withdrawals are made difficult due to predatory intentions – contact us for legal advice and help! |
Legal Concerns Due to Lies
Fabrications about the company headquarters, phone numbers and Switzerland registration are spot-on red flags about the Saturn4u regulation that you simply can’t ignore, whatever you’re offered.
FINMA, being the leading regulatory entity in the said country, doesn’t have this broker listed among licensed firms. Neither do FCA, ASIC, and CNMV, in whose jurisdictions the Saturn4u scam claims to have offices.
Most likely, this scheme doesn’t exist outside of the internet and the company isn’t even formally registered. Such trading deals are risky, as they do not offer segregation of funds, compensation schemes and risk-reducing strategies for improved funds safety.
Complex Scam Operation
The domain saturn4u.com was launched in October 2023, and quickly gained traction from various misleading videos on popular streaming services like YouTube.
The con scheme itself revolves around boiler room agents, who seek out new marks and pester them into investing. The agents mostly target the residents of these countries:
- United Kingdom
- Netherlands
- Israel
- Spain
Much of the predatory activity involves AnyDesk and TeamViewer remote access software. Cybercriminals are known to use it to clean out entire bank accounts, and commit identity theft.
Remember that no matter how bleak the situation sometimes may seem, there is always a way out. Get in touch with our legal experts to begin the process of asset recovery.
Lying About Online Ratings
The site claims that the firm has a perfect 5-star score on ratings platforms. Checking the Saturn4u reviews on TrustPilot, however, quickly reveals that this is far from the truth.
Now, it appears that at some point in time this Saturn4u crypto trading scheme did employ the notorious review sellers to increase their online rep. Various fraudsters use the same strategy, including IS6, in order to appear more reliable to their victims.
Total Dishonesty Around Costs
No trading parameters are known on this sham of an online trading portal. The leverage allegedly goes up to 1:50, but nowhere did we manage to confirm that.
Scarce legal papers declare the company to have exclusive right to change trading conditions regardless of the client’s opened or closed positions. This includes all costs, fees, spreads and leverage. Apparently, all trading terms are subject to sudden changes without prior notice. No regulated firm ever would force such predatory rules on their clients.
Nondescript Trading Features
Apart from the false advertising, getting familiar with the trading tools on this site is completely futile. There either isn’t any of the promised ones, or the existing options are second rate. It’s as if all this broker has invested in was building a false image.
MT5 is Only a Bait
A major lie we encountered is certainly the availability of the world renowned technological solution for online trading: MetaTrader 5.
Its richness in features, capability for all types of in-depth analysis and the sheer speed of its functioning is quite remarkable, that’s for sure. Sadly, this swindler only uses the premium software to lure new victims, without actually ever granting them access to the dedicated live trading server.
That’s not all however, the alleged Saturn4u AI trading is also an available option. However, we found no trace of any mesmerizing, highly accurate, AI-powered tool. Bkex, a notorious false exchange, is known to advertise something similar to the Saturn4u bot, but it’s just as fake.
Available Markets
The “expansive” range of instruments provided actually consists of these few products groups:
- Stocks (Alibaba, Tesla, Chevron)
- Crypto (BTC, ETH, LTC)
- Commodities (Coffee, Cotton, Silver)
- Forex (EUR/USD, EUR/GBP, USD/JPY)
- NFTs (QQQ, iShares, Vanguard)
Accounts Sell Lies
The Saturn4u account types all advertise highly unrealistic terms and features, such as zero withdrawal fees, guaranteed trades, signals, account managers and fund protection.
You have to admit: even if you saw regulated brokers offer these options, you’d be cautious about the truthfulness of the claims. This imposter has no problem to lie about anything, just in order to justify these ridiculous costs:
- Starter – £250
- Bronze – £10,000
- Silver – £25,000
- Gold – £50,000
- Platinum – £100,000
- Black – Invitation only
Locked Out Withdrawal Options
Due to the Promo code being required in order to register, we couldn’t access the client panel and explore the withdrawal options. Legal documentation isn’t overly informative, especially when it comes to the withdrawal conditions, fees, processing time and methods.
Of course, to make you feel safe and protected the cons promise the safest and smoothest payout procedures, including the SSL protected online portal that processes the requests. All of that is just more mambo-jumbo to entice victims.
Is Contact Possible?
We all know how hard cyber thieves try to establish contact with their victims. Criminals get ecstatic when the target is interested in investing, so much that they can relentlessly call and spam with messages for days. The situation is different when the victim attempts to establish communication. No phones, emails or online forms function.
Did This Broker Steal Your Money? We Can Help!
Our investigation showed that this so-called broker doesn’t exist in any regulator registry. The firm is just a farce, as is any trading that may be presented to you. It is all a carefully orchestrated fraud designed to steal your cash.
Do not engage in business with this sort of illicit entity! For help with Saturn4u withdrawal, book a consultation with our professionals. We are available 24/7 for your convenience, and you may reach us via the live chat.
FAQ Section
What is Saturn4u?
It is a fraudulent group that combines a trading scam and remote access scam to steal their clients’ money.
Is Saturn4u a Legit Broker?
No, this broker doesn’t even exist as a legal entity, and is not licensed in any relevant jurisdiction.
What is CipherTrace?
It is an advanced crypto transfer tracing tool that allows professionals to track crypto transactions. Contact our experts to learn how it can help you recover lost crypto.
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