Resolve Money LTD

Investigating Resolve Money LTD: A Comprehensive Review

Today we want to offer you a Resolve Money LTD review, a Forex and CFD broker that entices users with the promise of fulfilling “all trading needs.” They claim to offer rapid order execution, exclusive educational resources, and secure investments. However, the truth is that clients of this company face the grave risk of losing all the funds deposited into their accounts. If you need convincing, continue reading.

Is Resolve Money LTD Trustworthy?

On the contact page, the broker provides the its address and phone number in the UK. In the Terms of Use, the company also informs users about its head office in London. In the Governing Law section, the firm mentions the exclusive jurisdiction of English courts in resolving disputes. There are more than enough grounds to verify the registration based on the data from the British Companies House.

Well, a search in Companies House yields a completely relevant result. The firm, Resolve Money LTD, was registered on August 14, 2014, and is engaged in financial intermediation (SIC 64999).

However, those who think that the broker has provided accurate information will be very disappointed:

• Firstly, this company received a proposal to remove its data from the registry, pending action by the company’s representatives since April 9, 2024. The reason for this was inactivity since registration.
• Secondly, the financial statements show that the company’s authorized capital and the volume of its assets have not changed since 2014 and amount to exactly £100.
• Thirdly, Resolve Money LTD trading platform has never had a license from the local financial regulator FCA. Without it, providing brokerage services is illegal.

Thus, the broker is trying to hide behind the name of a real company. However, the platform itself exists only on the internet without the official registration of a legal entity. Naturally, it does not have a brokerage license and provides services illegally. In this case, the rights and interests of clients are not protected, and the risk of losing money is practically 100%.

There is not a word about the company’s founding date on the website. Moreover, among its pages, there is no “About” section that would introduce potential clients to the project, its achievements, and plans. Judging by the data from the whois service and reviews on the internet, such an approach has serious grounds.

The whois service publishes the registration date of the domain resolve-money.com, 2024-01-17. At the same time, the first posts mentioning the company began to appear on the internet in early April 2024.

Thus, the broker is still very young, effectively existing for 2 weeks to 3 months (it’s hard to say exactly since there is no official data about the company due to its absence). Naturally, it cannot disclose its founding date, otherwise, clients will refuse to work with it, and, most sadly for the owners, will not bring in money.

By the way, the copyright in the footer of the page, indicating the creation of Resolve Money LTD in 2023, is just a fake and an attempt to mislead users. As we have already found out, the broker appeared no earlier than January 2024, so the information about its operation in 2023 is unreliable.

Exploring Fees and Charges

When considering the activities of Resolve Money LTD, it’s worth mentioning the issues with non-trading operations as well. In the text on the Deposit and Withdraw page, the broker claims that the list of payment methods includes:

• Bank transfers.
• Debit/credit cards.
• eWallets, such as PayPal or Skrill.

For each of them, limits for depositing/withdrawing and commissions are provided. Moreover, depositing funds is free (the client will only need to pay the provider’s commission). For withdrawals, fees will be 2.99% for cards, $25 or $10 for bank transfers or to an eWallet.

Meanwhile, on the client’s personal account, everything looks completely different. Here, only 2 options for performing financial transactions are available — transfers via cards and cryptocurrency transactions.

Furthermore, it is not possible to transfer funds directly to the client’s account. After filling out the form, they will receive a message stating that the request has been accepted and asking them to wait for contact from a company representative.

Undoubtedly, this approach is used to hide the broker’s details from financial and tax authorities. Naturally, the user will be provided with the address of a cryptocurrency wallet or the details of a drop card. There’s no talk of honesty and transparency in operations, as far as we understand.

And an interesting question: why publish Deposits and Withdrawals? We see it as another attempt by Resolve Money LTD to mislead the client. Otherwise, why post unreliable information on the website?

How User-Friendly Is the Trading Platform?

The broker extensively talks about the advantages of its trading platform on the homepage. It mentions:

•  Ultra-fast order execution.
• Market depth order placement.
• Fully customizable interface.
• A significant number of market analysis tools.

All of these features are indeed available in the used terminal. It even allows the development and connection of custom modules — indicators and trading robots.

What did Resolve Money LTD employees fail to mention? That the software was not developed by the company at all. It’s called Mobius Trader 7 and is created by Mobius Soft LTD. The developer itself has a bad reputation:

• Registered in the offshore British Virgin Islands.
• Contacting them is only possible via Skype or Telegram. Even if their email address is on Gmail, which clearly indicates their status.
• The company’s mobile applications are not accepted on the AppStore and Google PlayMarket, either due to standards violations or the company’s reputation.

However, the main problem with the terminal is well described in traders’ reviews. The server administration can freely adjust the flow of quotes in its favor. Do you think it’s possible to make a profit in Resolve Money LTD with such software?

What Do Clients Say?

Since the broker has just started operating, it’s currently difficult to find Resolve Money LTD reviews online. Only in some YouTube videos and in some publications on Medium do traders tell the truth about the platform. Here, authors note, as we do, the lack of registration and license, the non-transparency of non-trading operations, and terminal issues.

However, the broker didn’t skimp and ordered nearly a dozen articles on pseudo-expert websites, claiming how safe and profitable it is to trade with them. We recommend traders to critically evaluate these materials, as most of them distort facts or provide clearly unreliable information.

Final Thoughts: Can You Rely on Resolve Money LTD?

We’ve completed the Resolve Money LTD review and can draw a clear conclusion: the broker is not trustworthy. It attempts to cover its activities under the name of a real company, yet it lacks official registration itself. The platform operates without a license, meaning it’s illegal. There are evident attempts to mislead clients, especially concerning financial transactions. These facts are sufficient to recommend users not to open accounts here, let alone deposit funds.

Strengths and Weaknesses