flaregain.io Review Disclaimer: This information is provided solely for warning and alert purposes. It highlights major red flags associated with this suspicious trading platform operating under the domain, “flairegain.io”. The review is based on my personal experience and publicly available information.
There’s a new scam broker in town whose name is “Flaregain.io”.
This trickster has invested in a few YouTube product review videos here and there, all of which describe them as a legitimate and profitable broker. All the likes, comments, and other forms of engagement for those videos similarly seem to have been influenced by this individual. Honest review of Flaregain sheds some light on this broker and the deceptions they use to get your hard-earned money.
A Flaregain landing page photo.
| Company | Flaregain |
| Website | www.flaregain.io |
| Purported Locations | The United Kingdom, Austria, and Singapore |
| Email Address | support@flaregain.com |
| Telephone Number | 442080979145(United Kingdom), 4369010270563(Austria), 6531596896(Singapore) |
| Trading Products | Cryptocurrencies, indices, commodities, stocks, and currencies (forex). |
| Account Types | Standard, Bronze, Silver, Gold, Platinum, PRO, and VIP |
| Minimum Deposit | Of 200 in any accepted currency |
| Charges | Broker commission and cash transfer fees |
| Regulation | Unregulated |
| Payment Methods | Bank transfers, prepaid cards, debit cards, credit cards, and wallet-to-wallet transfers |
| Deposit Bonus | Up to 7 times the amount deposited |
Honest Review of FLAIREGAIN.IO – Why Flaregain.com Is a Scam
There are several reasons why Flaregain is a scam broker, as follows:
1. No Single Regulator Recognizes Flaregain.io
The company website (www.flairgain.io) claims the organization has offices in Austria, the Netherlands, and Singapore. As you know, these countries have their own official financial services regulators.
Austria has the Financial Market Authority Austria(FMA) as its primary regulator. Similarly, the United Kingdom has the Financial Conduct Authority(FCA) for the same purpose. Likewise, Singapore has the Monetary Authority of Singapore (MAS) as its official regulator.
Funny enough, the FMA, FCA, and MAS do not recognize Flare Gain (flaregain.com) as a licensed and regulated broker.
As I said in this honest review of the Argus Capital broker, any broker that claims to be in the UK but is unregistered with the FCA is not authentic. Similarly, any broker operating in Singapore and Austria without registration or regulation is a flat-out scam. Flaregain is one such broker.
2. Flaregain.io Is “Authorized and Regulated” By the Fake Crypto Service Authority
“Authorized and regulated by the Crypto Service Authority” is the new lie that scam brokers tell nowadays to deceive unsuspecting clients. I noticed that many websites run by fake brokers nowadays display it to outwit clients who pay attention to authorization, regulation, and licensing details before signing up with a broker.
But I wish to reveal to you that:
First, the Crypto Service Authority is not a legally recognized body. According to FinTelegram News, it has no legitimate mandate to authorize or regulate brokers. The blog warns people not to invest with brokers who claim to be authorized and regulated by it.
Second, the “Details” button placed next to where the broker says, and I quote, “WE ARE AUTHORIZED AND REGULATED BY THE CRYPTO SERVICE AUTHORITY” should provide more details about this supposed authorization and regulation when you click on it, ideally. However, when I clicked on it, the website returned the “403” error feedback, meaning that the server did not grant me access to this information.
The scammer placed this button next to the authorization and regulation claim, hoping visitors would not bother clicking on it to confirm. Since they had no details to back the claim, they used the “403” error feedback as a deceptive cover.
It’s very similar to the case of the Tools4Deals broker. This scam broker claims to be operating under the regulations of the so-called Crypto Service Authority as well.
3. Paid YouTube Flaregain.io Review Videos, Comments and Likes?
Many videos on YouTube suggest that flaregain.io is authentic and profitable. So, is it? The answer is—NOT REALLY!
As much as many product review videos on this video-sharing platform offer valuable information about products, not every YouTube product review video is reliable. We should keep in mind that some videos are the result of sponsorship or partnership agreements between product creators and reviewers. Such product review videos will be biased.
One thing I’d like to point out is that if you watch Flaregain review videos on YouTube, you’ll notice that all the comments below the videos are positive. But here is what you need to know:
It’s very difficult, if not impossible, for a product to satisfy all customers one hundred percent, like in the case of flaregain.io. After all, clients have different needs, tastes, and preferences. The comments for Flaregain review videos on YouTube are probably fake.
Did you know that apart from product review videos, you can also buy comments, likes, and other forms of engagement for those videos, on YouTube? Some companies that sell YouTube comments and likes include UseViral, Twesocial, Media Mister, and Ayrshire.
4. Elusive To Social Media?
Social media has been a useful tool for me when it comes to probing brokers to get a sense of their authenticity. I especially prefer Facebook, Reddit, and LinkedIn. Here’s what I found out after searching for Flairegain.io on each social media platform:
i. Not In Facebook
Flaregain.io does not have a Facebook page. However, I came across an article that talks about how the company embraced the crypto revolution with open arms. This article was published by a blog called “Cryptopolitan” on 14th November 2023. As of the time of writing this Flaregain review, no one had commented on the post, despite the blog supposedly boasting 100k followers and 88k likes.
ii. Flairegain.io Cannot Be Found On Reddit
Again, no one had mentioned Flaregain on Reddit as of the time of writing this honest review of Flaregain.io. I found this strange because I’ve always thought of this platform as a great place for up-to-date broker discussions where users have always talked even about new brokers, especially if they are making a significant impact on the industry. How this broker is a game changer, and how nobody has brought up its name on Reddit defeats me.
iii. No LinkedIn Presence
It’s unbelievable that Flaregain doesn’t have a LinkedIn presence, despite “being the best investment company,” “the ultimate trading broker”, or “a profitable & trustworthy online broker”. That’s according to these YouTube product review videos, respectively:
Flaregain.io review video 1 link: https://www.youtube.com/watch?v=xj8COJvYl60
Flaregain review video 2 link:https://www.youtube.com/watch?v=dTG9H8NE6_Y
Flaregain review video 3 link: https://www.youtube.com/watch?v=2EvfvmUVcNQ
The fact that this broker doesn’t have a LinkedIn presence, combined with the other factors that I’ve just discussed above, make you question their legitimacy and reputation
5. Many Scam Checker Platforms Distrust Flairegain.io
Many scam checker platforms exist that serve as a great source of information about companies and their respective websites, including Scamreader and Scamadviser. Notably, Semrush lists the following sites as great alternatives to the latter: Scamdetector, Islegitsite, Trustpilot, Webparanoid, and Eveninsight.
Here’s what I got when I ran flaregain.io through the above scam checker platforms:
| Website | Feedback |
| Scamreader.info | Does not recommend Flaregain |
| Scamadviser.com | Does not recommend Flaregain |
| Scam-detector.com | I was unable to access the website from my country |
| Islegitsite.com | Does not have enough details about Flaregain, as the site is still new |
| Trustpilot.com | Does not have a review of Flaregain yet for the same reason as Islegitsite |
| Webparanoid.com | Does not trust Flaregain |
| Eveninsight.com | Does not trust Flaregain |
My Final Verdict About Flaregain.io
Flaregain.io might seem like a legitimate trading broker, owing to the many YouTube product review videos and the respective comments, all of which praise and laud this broker. But the reality is that this is a scam broker who is smart enough to invest in YouTube product reviewers and commenters. If you read and understand all the points I listed above regarding why this broker is a scam, you’ll agree with me 100%. Don’t invest with Flaregain, otherwise, they’ll milk you dry.
Pursue Lost Funds
Click here.