Stockdexx is a fraud, plain and simple. But we cannot just say it like that without evidence, right?
Stockdexx claims it was founded in 2013 as an investment scheme. The website provided a Certificate of Incorporation of the UK Company House, number 13519515. However, if this trick was meant to legitimize Stockdexx’s regulation, it failed miserably.
Another fraudulent claim is the Austin, TX address. We checked the databases of US regulators, the CFTC & NFA, but didn’t find any Stockdexx. For that reason, please avoid dealing with this investment scam. Do not trust Polus Investment Management either.
These scammers do not comply with strict regulatory rules such as segregating clients’ funds, providing negative balance protection or a compensation scheme.
We recommend you find a provider that operates under the jurisdiction of the European Securities and Markets Authority (ESMA). If you’re from the US, make sure your broker is regulated by the CFTC & NFA. All Canadian brokers must be registered with IIROC. In Australia, ASIC is your go-to for checking brokers.
To reiterate, both the UK Company House ID and the US address are fake, meaning that Stockdexx is not authorized to operate in the US, UK or any other regulated country for that matter.
Yet, Stockdexx disregarded the lack of an official license or permit. Here’s a list of countries where Stockdexx tried to find clients:
It’s obvious that this bogus website was made to defraud English-speaking users. Stockdexx is unregulated and wants to scam traders from these countries.
How is Stockdexx finding clients? Based on the info we have on the website, this company is active on social media. We found links to Facebook, LinkedIn and GitHub.
We suppose that’s how Stockdexx spreads its lies and tries to persuade users to invest. Aside from social media, this fraudulent entity also included two phone numbers, one for the UK and one for the US, and an email.
There’s also a possibility that Stockdexx is buying Google ads or hiring agents to run online marketing campaigns for the company.
We found one unfortunate victim of the Stockdexx scam. This one complaint against the company stressed withdrawal issues. After this user’s request was rejected, Stockdexx ceased all communications. Read all about it:
I passed [removed by editor]l the stage and it was time to get my money funded to me but they didn’t let me withdraw it so I had to contact [removed by editor] via [removed by editor] and WHATSAPP on +170 63 50 54 97 and I got [removed by editor]l
According to Stockdexx’s website, there’s a wide range of available investment and trading services from currency pairs to real estate. Here’s a list:
Stockdexx offers trading but does not mention which trading platform is available if there even is one. To make matters worse, this company is unlicensed to provide such services.
The trading conditions such as leverage and spreads are unknown. As for the commissions, Stockdexx charges 10 $ per trade.
Stockdexx offers four types of investment plan classes, each with multiple sub-plans. For this review, we will only outline the Standard class and its sub-types:
The company’s plans are quite pricy. We wouldn’t trust such a fraudulent entity with 3,000 $; it’s simply too much to risk.
Stockdexx does not offer a risk-free demo account. Typical of a fraudulent company. Without a demo account, you would have to invest real money right away without even seeing the platform.
You see where this is going; That’s why we don’t recommend companies that do not offer a free demo account.
Stockdexx’s withdrawal policy is missing. The payment methods and fees are thus unknown. The Terms and Conditions and Privacy Policy files are insufficient and lack key information.
The minimum deposit is 3,000 $. And we already posted the complaint from the unfortunate victim that ended up having withdrawal issues.
Please contact us if you’ve been scammed by Stockdexx. We will first report this fraudulent company to the US financial authorities.
Then, we will hook you up with our team and together you’ll go through the chargeback process. If you’ve deposited via crypto, our experts can trace your transaction using CipherTrace.
If this company steals your money, contact us for help. Please use Online Chat to book your free consultation with our team.
No. Stockdexx is not regulated or licensed to provide trading services. Please do not invest in this investment scam.
According to the website, there is a mobile app available.
We do not have any information about Stockdexx’s trading platform.
No. Stockdexx is not regulated or licensed to provide trading services. Please do not invest in this investment scam.
According to the website, there is a mobile app available.
We do not have any information about Stockdexx’s trading platform.
The post Read All About This Scam In the Stockdexx Review appeared first on Global Fraud Protection.
