Brokeree Solutions sends out warning about scammers

Karthik Subramanian

Brokeree Solutions, which provides many trading and broking solutions for FX brokers, has sent out a notice that a fake account was trying to impersonate the company with the aim of defrauding the clients.


The skype account is live:.cid.8ac45076f53fc092 and the scam account was looking to sell trading solutions to many clients and asking them to pay the fees and charges via BTC or cash. In other words, they were impersonating Brokeree company and supposedly selling the products of the company through the scam account had no relations to the company. The warning signs of such a scam were that the account requested for payment by BTC or cash discussed the contract terms via skype and declined to have any calls or meetings when the potential clients requested for the same.

Brokeree has put out a standard operating procedure by which it does business and in that, it says that it accepts payments only via bank transfer so that the company, as well as the customer, are clear from whom the payment is being sent from and who is receiving the same. This ensures transparency in the receipt of fees and charges. The company has also said that their official account has a skype name as ‘brokeree’ and warns its clients not to exchange any sort of private or financial information with any other account.

Brokeree has also made it clear that payments are accepted only in Euro or USD and that too only via bank transfer. The details of the engagement, the contract, and other details are discussed, signed, and exchanged only via email. These emails or for that matter, any official emails sent out by employees are from the official domain only ( The company has also published details of its official contact number and email for clients to reach out to them for any FX solutions.

Brokeree has been in the business for a long time and has hence gained some good following and reputation in the FX tools industry and the fact that some scamsters are looking to spoil its reputation by impersonating them has pushed them to lay out specific procedures for engagement with their clients. It hopes that by putting this out, clients would be more aware of such scams and would be more careful to ensure that they deal only with official representatives of the company and reject any sort of engagement from scamsters on skype.

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