Equity Broker

Our investigation into Equity Broker found an operation with the classic markings of an investment scam. If you are weighing a deposit — or trying to get one back — read this first.

Who is Equity Broker?

Equity Broker markets itself as an online trading and investment service. Its public site is presented at https://equity-broker.co/. As with most operations of this kind, the polished front end conceals a lack of the basic protections a real, regulated broker is required to provide.

Is Equity Broker regulated?

We could find no evidence that Equity Broker holds a valid licence from any recognised financial regulator. Trading client funds without authorisation is one of the strongest indicators of a scam — there is no regulator to complain to, and no protection for your money.

Red flags we identified

• No credible physical address or verifiable corporate record
• Offshore or shell-company registration used to avoid oversight
• Unrealistic profit claims and pressure to deposit more
• Account dashboards that show “gains” with no real market exposure
• Withdrawals reportedly blocked behind “taxes,” “fees” or account “upgrades”

Our analysis

On 22 June 2022, the Germany Federal Financial Supervisory Authority (BaFin) issued a warning that Equity Broker does not have authorisation under the KWG to conduct banking business or provide financial services. You may visit: https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2022/meldung_210907_hashtradepro_eqyitybroker_prgntrade_en.html

Can you recover money lost to Equity Broker?

If you have deposited with Equity Broker, do not pay any further “fees” to withdraw — that is part of the trap. Funds sent to operations like this can sometimes be traced on-chain and pursued through the exchanges and processors that received them. Whether recovery is realistic depends on how you paid and how quickly you act.