Warning: Is FreeMining a Scam?

Unregulated

Be careful of FreeMining (freemining.club); it displays several indicators of a scam. Users have reported withdrawal issues.

Is FreeMining (freemining.club) a Scam?

Our team advise you to avoid FreeMining (freemining.club).

We found that it is located at Edgware Rd, London, United Kingdom, NW9 0HS, the phone number is '+12508492454, and the support email is admin@freemining.club.

FreeMining appears to be a trading firm, but it is currently not authorized by any top-tier authority.

Victim of FreeMining?

If FreeMining refuses to release your funds, you need to act. Submit the form below to speak with our investigative team for a free consultation.

Safety Analysis: FreeMining

The most alarming sign is that FreeMining (freemining.club) has no license to operate.

Investing with unregulated brokers is extremely risky. Legitimate firms are always authorized with agencies like the SEC, ASIC, or FCA to ensure consumer safety.

FreeMining lacks this protection. As a result, there is no legal recourse if they keep your funds. Many investment fraud involve unlicensed actors, and recovering money from them is challenging without expert help.

For example, in Europe, unlicensed firms are not covered by the Financial Ombudsman. In the US, they are not members of regulatory bodies, meaning your capital is completely exposed.

Warning Signs of FreeMining

Online trading fraud is getting smarter. Criminals use psychological tricks to steal wealth. Below are common methods seen in sites similar to FreeMining (freemining.club).

Dating App Scams

"Pig Butchering" is a common tactic where scammers groom victims over months. They fake a friendship on social media. Once trust is built, they introduce a "lucrative" crypto opportunity. It is a lie to get you onto a fake platform like FreeMining.

Fake Trading Dashboards

Scammers create websites that look exactly like legit trading apps. You see graphs and balances that increase. But it is a game. The broker manipulates the prices to convince you so you invest more. If you ask for a payout, the "profits" disappear.

Red Flags

  • Unsolicited Contact: You get calls from "brokers" you don't know.
  • No License: The company lacks legal registration.
  • Guaranteed Profits: They guarantee 1% daily returns or risk-free trades.
  • Withdrawal Issues: You cannot get your money out. They demand "tax fees" first.
  • Aggressive Sales: Agents push you to deposit more.

Ignore fake reviews. Fraudulent brokers frequently write their own 5-star reviews to look legitimate.

Verdict

We do not recommend FreeMining. It is likely a fraud. Save your funds and use a licensed broker. Avoid freemining.club at all costs.