Warning: Is Echoquare a Scam?

Echoquare (echoquare.com) - Legit or Fraud?

Echoquare (echoquare.com) has been identified as a potential fraud operation.

Echoquare claims to be a investment platform, but it appears currently not authorized by any credible commission, such as the FCA or SEC.

Victim of Echoquare?

If you think you were scammed by Echoquare, do not wait. Fill out the form below to talk to our cyber-forensics team for a complimentary consultation.

Regulatory Check: Echoquare

Echoquare operates without supervision.

Trading with unlicensed brokers is very dangerous. Legitimate firms are must be authorized with agencies like the FCA, CySEC, or CFTC to protect investors.

Echoquare lacks this supervision. As a result, there is no protection if they steal your money. Most investment fraud use unregulated entities, and recovering money from them is hard without professional assistance.

For example, in the UK, unlicensed firms are outside the jurisdiction of the Financial Ombudsman. In the US, they are not members of SIPC, so your capital is completely exposed.

Common Scam Tactics

Investment fraud is getting smarter. Scammers use psychological tricks to take your savings. Here are common methods seen in sites similar to Echoquare (echoquare.com).

Dating App Scams

The "Romance Scam" is a brutal method where scammers build trust over months. They build a friendship on social media. Once trust is built, they mention a special investment. It's a trap to lure you onto a fake platform .

The "Bonus" Trap

Fraudsters build websites that look exactly like legit trading apps. You see graphs and balances that go up. But it is a game. The broker controls the prices to convince you to deposit more. When you try to withdraw, the "profits" disappear.

Other Warning Signs

• Cold Calling: You get calls from "brokers" out of the blue.
• Unregulated: The company lacks legal registration.
• High Returns: They promise 1% daily returns with no risk.
• Cannot Withdraw: They refuse withdrawals. They ask for "tax fees" before releasing funds.
• Pressure Tactics: "Account managers" push you to invest bigger amounts.

Do not trust fake reviews. Scammers frequently write their own positive comments to appear real.

Final Thoughts

Our verdict is to block Echoquare. It appears to be a fraud. Save your funds and find a licensed broker. Avoid echoquare.com at all costs.