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Finexics does not have any reliable trading approach; hence how your money will be used to make profits is unknown. They will reach out to you through all means they can with high attractive bonuses of up to 50% of your initial deposit.
Finexics is a broker that offer traders with a wide range of investment; Currency pairs, indices, and Commodities to invest and benefit from. They also claim to have diverse knowledge and experience in forex trading. However so not be so quick to make any investment moves yet because Finexics showcases so many scam traits that should only prevent you from trusting the company with your funds.
Transparency is always what most expert traders look for. They leave out so many important factors in the website despite all the attempts to resemble a transparent broker. Furthermore, any expert trader with the know-how of how the market operates will at first glance notice the red flags the company exposes. Therefore in this unbiased review on Finexics.com, we emphasize reasons we would not recommend any of their services. We did thorough research though only minimal information was available regarding the company.
Meanwhile, there are reliable forex brokers that apply well-known techniques in generating profits. Also, they apply risk management measures to protect you from volatility in the market. The trading world faces sudden market shifts that you should be well prepared for through methods such as stop-loss and take profit. Finexics urges traders they receive to give you all the support you need to achieve pleasing results. Newbie traders can benefit from the company as they offer education services around the forex trading market.
Hence you would expect to find helpful material to assist you in understanding how the market works. Finexics only uses general knowledge that you can easily access on the internet at no extra costs. Furthermore, trading is not child’s play, and you cannot make profits without fully knowing how the market works.
Finexics.com founders are unknown also. The kind of qualifications they hold is not known. They assure traders of trading with trustworthiness and expect you to trust them with your funds. The risk of operating with criminals who have no idea of how the market operates is very high in Finexics. Scammers are well known for showcasing similar traits of hiding personal data from traders. How they provide expert-level services without showcasing qualifications is unknown.
The website has a section with profit margins that barely seem to be up to date. Finexics offers investment services in 95 countries, and they brag about having more than 7k investors. They also have more than a thousand tradeable assets and a professional team of 125 members. They have a section showcasing various assets, yet how the platform operates has been left out.
How Finexics.com Operates
Finexics.com software that they use in attaining the alleged high profits is unknown. They showcase murkiness since even the algorithm of how the AI works and the system are not divulged. Furthermore, they fail to transparency how they gain high profits and do not seem to have any reasonable trade approach. Therefore since the style of operation only suites scammers, this is how Finexics will operate.
They will reach out to you through all means they can with high attractive bonuses of up to 50% of your initial deposit. So for any trader, this bonus is extremely tempting to make high deposits and benefit from the one-time offer. Accordingly, this is just the bait they use to lure you, and you should be watchful of such techniques. Once you proceed and invest your funds with the anonymous criminals, this is the end of the business.
They will further make attempts to lure you into depositing more money. Also, they may block your details from accessing any of the services they offer. Scammers will also hold your funds for a long while, claiming to be still making profits, which is the outcome of Finexics.
Finexics Investment Accounts
Finexics, just like every other Ponzi scheme, will use high attractive investment plans to lure you into making deposits. Bronze is the first account, and the minimum investment amount is €500. It offers a Static type of spread, and the suitable trading platform for all the plans is Finexics Personal Manager. The plan features; News Feed, Financial Calendar, and the minimum lot size is 0.1.
Silver plan traders can invest upto€5000. The plan offers similar advantages and has a very minimal variance. The only difference is that it offers; leverage up to 300, A welcome bonus of up to 25%, and access partial masters. On the other hand, Gold plan the grants traders with high leverage of 1:400 a welcome bonus of 50%.
Finexics investment accounts are nonsensible, and they do not reveal a lot of data that should lead you to purchase a more expensive plan. Scammers will promise you high income with top-notch is hardly attainable. Please do not fall for any promise they offer you and avoid the Ponzi scheme at all costs.
Finexics does not have any reliable trading approach; hence how your money will be used to make profits is unknown. Also, the method for controlling your funds and putting measures in place to save you from losses is unknown. The scammers may even be keeping funds in their personal accounts while you expect profits. Reaching them is also impossible. They do not have a refund policy that you can use to claim your money back.
The entity does not feature any past successful payments that show traders are making profits. Accordingly, customers are even claiming to have lost funds from the shady broker, and they do not have a single positive remark. Hence withdrawals of funds from Finexics will be a hard task for investors. They do not have any banking information to show that your money is safe. They accept multiple payment options; Visa, Wire transfer, and Visa electron, among others.
Finexics location for operations is James Street, First Floor, First St Vincent Bank Ltd Building, VC Kingstown. However, this location whereabouts address has been made up and does not feature any Co-relation with the company. They feature email: support@Finexics.com for support relating to the investment firm. They do not have any telephone contact that customers can use for reaching them.
The response towards your query should always be instant or in due time. Therefore since Finexics has a made-up address, the telephone contact will hardly work in your favor. Working customer support also helps in knowing that you are dealing with trustworthy people, unlike Finexics.com.
Finexics Regulation Status
Finexics, based on the made-up address, shows that they are based in London. However, the main regulator in the area, the FCA, does not regulate the broker. Hence they are illegally generating funds from the public while purporting to offer investment services. Accordingly, regulated platforms showcase a very high level of transparency, and you can easily find similar data and verify the same.
Even so, unregulated platforms do not last for long in the market, and they go against trade laws as they please. The founders also risk facing criminal prosecutions and are the rea, so animation has been hidden. Unregulated platforms also barely last in the market, and they may end up disappearing with your funds or facing closure.
Finexics has no past trade transactions to help in knowing the returns to expect. The company has a shady method of operation that only unravels the murkiness they try so much to hide. Hence to prevent yourself from all the terrible things Finexics.com may do. You should consider making wise investment decisions with legit forex brokers that apply tried and tested trade methods.
Finexics should be avoided at all costs. In addition, you should also read reviews from reliable sources and avoid quack testimonials from any broker until the company makes all the transparency updates.