Introduction
In this comprehensive ChoiceAssetsCFDs.live scam review, we dig into every warning sign, deception tactics, and user reports that confirm this platform is not legit. Our goal is to spare you the cost, stress, and loss others have suffered. From unlicensed status to shady withdrawals, you’ll see exactly why this site warrants the “scam” label.
What Is ChoiceAssetsCFDs.live?
ChoiceAssetsCFDs.live claims to offer CFD trading, high returns, and advanced trading tools. They present themselves as a legitimate broker for Forex, commodities, indices, and cryptos. On paper, they show “platform dashboards,” accoun///////////////////////////////////////////////////////////////////////////////////////////////////////// thority ()
That means it has no legal permission to operate, no oversight, and your funds aren’t protected under any compensation scheme.
2. On FCA Warning List
The FCA has officially flagged Choice Assets CFDs on its Warning List as a firm that “may be providing or promoting financial services or products without permission.
When a regulator publicly warns about a platform, that’s a red alert.
3. Fake or Misleading Contact Details
They list addresses like 11 Grace Avenue, Ste 108, Great Neck, New York and 1 Canada Square, Canary Wharf, London—which may be fictitious or borrowed from genuine offices.
4. Promises of Guaranteed High Returns
Their marketing likely touts unrealistic profits, “daily yield,” or risk-free gains. Genuine brokers never guarantee profits — markets are volatile.
5. Difficulty or Refusal in Withdrawal
A very common complaint: after depositing, users claim they can’t withdraw or are pressured with hidden “fees,” “taxes,” or “verification hurdles.”
In many scams, withdrawal becomes impossible or requires paying extra fees — a trap for ever more payments.
6. Pressure Tactics & Aggressive Sales
Victims often report that account managers or “personal advisors” push them to deposit more. They might use fear of “losing a chance” or “limited offer” to coerce more funds.
7. Lack of Transparency
No audited financial statements, no real documentation, and no verifiable proof of operations. Terms and conditions might be vague or contradictory.
Case Reports & User Experiences
Though we cannot link specific user identities, review forums and complaint boards reveal common patterns:
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Users report being unable to withdraw.
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They were asked to pay “compliance fees,” “account maintenance fees,” or “taxes” before withdrawal.
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After extra payments, the platform suddenly disappears or support goes silent.
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Scam victims say they were given fake trading dashboards — the “trades” looked profitable until withdrawal was demanded.
These are classic hallmarks of fraudulent brokers.
Scam Mechanics: How They Trap You
Understanding how such scams work helps you spot them early. Here’s a breakdown:
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Attraction & Onboarding
Promises of high returns and slick interfaces lure you in. You deposit money under the belief it will be traded profitably. -
Initial “Success” Display
You may see fabricated profits on a demo/rigged dashboard which encourages you to deposit more. -
Withdrawal Delay or Refusal
When you request withdrawal, they stall, cite compliance, taxes, identity checks, or extra fees. -
Escalating Demands
They might demand you deposit more to “unlock” your funds or pay additional charges. -
Disappearance / Ghosting
Ultimately, site, support, and access vanish, or your account is blocked.
Why Regulators Already Warn Against This Platform
Regulators like the FCA maintain warning lists for good reason.
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They detect unauthorized firms using promotion channels.
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They monitor complaints.
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They warn the public that certain platforms carry higher risk.
ChoiceAssetsCFDs.live is on the FCA’s Warning List. That means consumers already reported it, investigations flagged it, and regulators want to deter further victims.
How To Spot A Broker Scam: Checklist
Use this checklist anytime you evaluate a trading platform:
Indicator | Legitimate Broker | Scam Broker |
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Regulation | Fully licensed with public registration | No or fake license |
Withdrawals | Processable with known fees | Constant delays, extra fees |
Transparency | Clear Terms, audited data | Vague, hidden or missing |
Contact info | Real, verifiable address & phone | Fake or unverifiable info |
Pressure tactics | No coercion | Urgent demands for more funds |
Guarantees | No guaranteed returns | Promises of fixed profits |
If several items fall into the “Scam Broker” column, it’s a major red flag.
Why This Review Declares It a Scam
Putting it all together:
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No regulation = no legal protection
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Public warnings = regulator distrust
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User complaints = pattern of fraud
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Scam tactics = typical withdrawal obstruction
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Lack of transparency = impossible to verify legitimacy
These combined show that ChoiceAssetsCFDs.live is operating as a scam, not a genuine broker.
How Big Are the Losses?
Victims often lose their entire deposits, which can range from hundreds to tens of thousands of dollars. Because the platform is not regulated, there is no recourse via compensation funds or official complaint procedures.
Tips Before Investing in Any Platform
To avoid falling into a similar trap:
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Always verify the broker’s license via the official regulator’s registry.
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Search online for independent reviews and complaints.
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Be skeptical of lofty promises or pressure to deposit fast.
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Start with minimal amounts and test withdrawal.
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Consult trusted financial advisors.
Summary & Final Verdict
After a detailed analysis, the evidence is overwhelming: ChoiceAssetsCFDs.live is a scam platform. It lacks regulation, is on regulator warning lists, uses deceptive withdrawal practices, and exhibits classic scam behavior.
If you ever come across this platform, avoid depositing any funds and warn others. Use only fully regulated brokers with verifiable track records.
Final Verdict: Scam — Do not trust ChoiceAssetsCFDs.live under any circumstances.
Report ChoiceAssetsCFDs.live and Recover Your Funds
If you have lost money to ChoiceAssetsCFDs , it’s important to take action immediately.Report the scam to Universumltd.com, a trusted platform that assists victims in recovering their stolen funds. The sooner you act, the better your chances of reclaiming your money and holding these fraudsters accountable.
Scam brokers like ChoiceAssetsCFDs. continue to target unsuspecting investors. Stay informed, avoid unregulated platforms, and report scams to protect yourself and others from financial fraud