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Broker Bribing Review Platforms for Removal
The broker bribing review platforms for removal scam involves a broker offering financial incentives or bribes to online review platforms, requesting the removal of negative reviews or ratings that could harm the broker’s reputation. These brokers may attempt to silence dissatisfied clients or manipulate public perception by bribing or pressuring review websites to remove honest feedback from traders who have had bad experiences. This tactic prevents other traders from making informed decisions and can mislead potential clients into trusting a broker that may not be reliable or ethical.
This isn’t a legitimate business strategy—it’s a deliberate attempt to conceal unethical practices.
How the Scam Works
1. Trader Leaves a Negative Review After a Poor Experience
A trader who has had a negative experience with a broker—due to issues such as:
- Delayed withdrawals
- Misleading terms and conditions
- Poor customer support
- Hidden fees or price manipulation
…decides to share their experience on third-party review platforms, such as Trustpilot, Forex Peace Army, or Google Reviews.
2. Broker Identifies the Negative Review and Attempts to Remove It
Instead of addressing the issue with the trader directly or improving their services, the broker contacts the review platform and:
- Offers financial incentives (e.g., bribes or bonuses)
- Pressures the platform by claiming the review is false or violates terms
- Requests that the review be removed or altered to reflect a more favourable rating
This can sometimes involve threatening legal action or exaggerating the review’s impact on the broker’s reputation.
3. Review Platform Removes or Alters the Negative Review
In response to the broker’s request (and often due to the incentive), the review platform:
- Deletes or hides negative reviews or ratings
- Alters the review content, changing the wording to appear less critical
- Promotes positive reviews submitted by the broker or their affiliates
This censors genuine feedback from real clients and misrepresents the broker’s service quality, making it harder for other potential traders to make an informed decision.
4. Potential Clients Are Misled by the Broker’s Improved Rating
New traders, looking for broker reviews, come across the broker’s artificially enhanced reputation and are misled into trusting the broker. They might:
- Sign up and deposit funds, believing the broker has a great reputation
- Encounter similar issues, only to realise the negative reviews they had seen were manipulated or removed
- Lose trust in review platforms, not realising that many of the positive reviews might also be artificially placed or paid for
Ultimately, the broker benefits from misleading new traders, while genuine feedback is silenced.
Real Case: Broker Pays Review Platform to Remove Complaints
A trader experiences issues with a forex broker, including refused withdrawals and misleading bonus conditions. After attempting to resolve the matter with customer support and getting no response, the trader posts a negative review on a popular review platform.
Several weeks later, the broker’s ratings mysteriously improve, with several negative reviews removed. The trader contacts the review platform and discovers that the broker had offered an incentive to the platform to remove their feedback.
When confronted, the broker denies any wrongdoing and blames the review site’s internal policies.
Why This Scam Is So Dangerous
The broker bribing review platforms for removal scam is highly dangerous because:
- It misleads potential clients into trusting brokers with unethical practices, resulting in financial losses and frustration for new traders
- It suppresses genuine customer feedback, creating an artificial image of reliability or trustworthiness
- It undermines the integrity of review platforms, making it harder for traders to trust genuine, unbiased opinions
- It promotes unfair competition, allowing brokers who engage in these tactics to gain an unfair advantage over honest competitors
- It wastes the time and resources of traders who would have otherwise avoided the broker based on honest, negative reviews
This scam is built on manipulation and deception, leading to poor trading outcomes for unsuspecting clients.
How to Detect the Scam
1. Sudden Improvement in a Broker’s Reviews After Negative Feedback
If a broker’s reviews suddenly improve, with negative feedback disappearing or being altered into positive statements, there’s a high likelihood that the broker has bribed the platform for review removal.
2. Disproportionate Number of Positive Reviews
A broker with many glowing reviews and no negative feedback or only minor criticisms should raise suspicions. Even the best brokers will have some negative reviews—if not, the reviews may be manipulated.
3. Lack of Transparency from the Review Platform
If a review platform doesn’t allow the reviewer to provide clear details or doesn’t have a transparent process for disputing review removal, it could be a platform that is open to bribery or manipulation.
4. The Broker’s History of Negative Reviews
Search for any complaints or warnings on independent review websites, forums, or social media. If a broker has a history of removing or suppressing negative reviews, it’s a sign that they may be engaging in deceptive practices.
How to Protect Yourself
1. Rely on Multiple Independent Review Sources
Never base your decision on a single review platform. Instead, check for feedback across several platforms, such as:
- Trustpilot
- Forex Peace Army
- Google Reviews
- Reddit or trading forums
Check for consistent feedback across multiple sources.
2. Look for Verified User Reviews
Many review platforms offer verified reviews from actual clients. These are more likely to be trustworthy than anonymous or unverified feedback.
3. Be Wary of Unusually Positive Reviews
While positive reviews are natural, be cautious if:
- There are too many five-star ratings with generic language or lack of detail
- Reviews praise features that are commonplace or expected, such as basic customer support or functional platforms
4. Always Check the Broker’s Regulation Status
If a broker is regulated by trusted authorities (such as FCA, ASIC, or CySEC), they are less likely to engage in unethical practices like bribing review platforms. Check the regulatory body’s website to ensure that the broker is legally accountable.
5. Trust Your Instincts
If something feels off about a broker—especially if their reviews seem too perfect, or if you find conflicting reports about their reputation—take time to investigate further.
Regulatory Expectations
Under MiFID II, FCA, ASIC, and CySEC regulations:
- Brokers must not engage in misleading marketing tactics and must ensure transparency in all public communications, including client feedback
- Manipulating reviews or pressuring review platforms to remove negative feedback violates fair competition laws and consumer protection regulations
- Regulatory bodies require brokers to maintain accurate and truthful representations of their services and to take responsibility for resolving complaints in a fair and timely manner
Failure to comply with these regulations can lead to fines, sanctions, and loss of the broker’s regulatory license.
Conclusion: If a Broker Removes Negative Reviews, It’s Time to Be Skeptical
The broker bribing review platforms for removal scam is a serious breach of trust that manipulates traders by distorting the broker’s true reputation. By silencing dissatisfied customers, the broker creates an illusion of reliability that misleads potential clients.
To protect yourself, always ensure you research brokers across multiple independent platforms, look for verified reviews, and remain cautious of brokers with suspiciously perfect reputations.
To learn more about identifying scams and finding trustworthy brokers, enrol in our Trading Courses. We’ll show you how to make informed decisions and avoid broker manipulation.