Investigation into the Origins of EvrazTrades
Domain Trail
Our investigation began with a detailed analysis of WHOIS data. The domain evraztrades.com was registered May 3, 2024 via an anonymous registrar—a common tactic for fraudulent projects. For comparison, the official Evraz (evraz.com) has existed since 1992, with a transparent history and financial reporting. Clone sites like EvrazTrades often hijack established brands for credibility. This is a well-known tactic called “brandjacking”, which has cost investors millions.
Brand Theft – EvrazTrades uses the Evraz name but has no affiliation. The official Evraz confirmed via press release that it has no ties to this platform.
Search Results
A Google search for “Evraz investment company” yields official documents: bond issuance reports (AKRA, Tinkoff Bank) and media articles about Evraz. However, EvrazTrades.com is absent from credible sources. Instead, warnings appear on Russian financial platforms like Smart-Lab and Dzen.ru, where users describe similar scams using forged logos and contacts of major companies.
Analysis of EvrazTrades’ “Services”
EvrazTrades positions itself as a “high-yield investment platform,” offering “steel market-linked bonds.” However, the reality raises red flags:
- 🚩 35% per month? Such rates defy economic logic— even major industrial firms cannot guarantee these returns. According to global benchmarks, bond yields averaged 8–12% annually in 2023.
- No real trading platform – Instead of professional tools (MetaTrader, CTrader), a basic dashboard is offered, making transaction tracking impossible. This is a hallmark of a “closed-loop” system where fraudsters control all operations.
- Withdrawal issues – Users report endless “verification procedures,” “technical glitches,” and sudden account freezes. 89% of complaints about investment scams cite withdrawal barriers.
Regulation: Does EvrazTrades Exist Legally?
Domain registered in May 2024 – This means the site exists for less than 3 months, a common trait of “one-day” scams that vanish quickly.
Key facts:
- Not listed on the Central Bank registry (making it illegal under financial regulations).
- A Panamanian address indicates offshore hosting—a tactic used by 70% of fraudulent platforms to evade accountability.
- Evraz officially warns on its site: “We combat unauthorized use of our brand by unscrupulous entities.”
Customer Reviews: Red Flags
EvrazTrades deletes negative reviews, but forum archives reveal evidence:
- “I deposited $1,000 via WebMoney. After a month, they demanded $500 more to withdraw. After payment, they stopped responding.” – User “ivanov_s” on Dzen.ru (January 2025).
- “Staff promised 20% weekly returns. After a $5,000 deposit, they demanded ‘taxes’ and ‘fees’.” – Forum post on TAdviser (December 2024).
- A Telegram bot with “advertising accounts” floods forums with fake reviews.
Conclusion: Dangerous Fraud Clone
No transparency – No registration documents, leadership info, licenses, or financial reports.
EvrazTrades.com is a fraudulent clone exploiting a reputable brand. Key red flags include:
- Copycat domain and logo;
- Unrealistic yield promises;
- Secrecy around registration and jurisdiction.
Given its 3-month existence, offshore hosting, and lack of legal compliance, avoid this site entirely. Always verify company registration and avoid platforms promising “too-good-to-be-true” returns.