DEX Investing Review – Is the broker a scam or legit?
DEX Investing is an online trading broker that claims to be ethical, but beware. Don’t be fooled by DEX Investing’s claims of upholding ethical standards and providing a secure trading experience. In reality, this offshore broker is unregulated and has no interest in your financial well-being. Their primary objective is to enrich themselves at your expense, as is often the case with such unscrupulous brokers. Be cautious and protect your money. Read this complete DEX Investing review to know more about the DEX Investing scam.
Address: First Floor, First St Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines.
Warning: Not recommended by review website like Scam Helpers
Domain Age Information of DEX Investing
|July 08, 2021
|1 year, 10 months, 6 days, 18 hours, 34 minutes, 17 seconds
DEX Investing Review: Regulation
DEX Investing’s claim of being a regulated broker is false. It has come to light that DEX Investing, a company located in St. Vincent and the Grenadines, falsely claims to be regulated. This location is well-known for housing scammers, as the local financial regulator, SVGFSA, does not regulate forex brokers or monitor the sector.
Minimum Deposit and Fees
Unfortunately, DEX Investing has not disclosed the minimum deposit requirement, payment methods, or transaction fees. Additionally, as an unreliable offshore enterprise, we strongly advise against depositing any funds with them in DEX Investing Review. It’s crucial to avoid depositing with shady brokers, regardless of the deposit options they offer.
DEX Investing Review: Trading Instruments
DEX Investing provides clients with trading opportunities in major markets such as forex, commodities, stocks, and crypto CFDs. Although this is a decent selection, many reputable brokers offer the same options. In fact, some even offer access to hundreds, if not thousands, of trading instruments – which DEX Investing currently does not.
DEX Investing Review: Spreads and Leverages
DEX Investing offers a range of spreads on popular currency pairs, such as 1.8 pips on EURUSD, 1.3 pips on USDJPY, and up to 2.1 pips on GBPUSD. While this is slightly above the average spread of 1.5 pips that most brokers try to maintain, DEX Investing promises spreads that begin at 1.1 pips on their Standard Variable Account, a feature that is not typically offered by reputable brokers. The broker also advertises leverage as high as 1:400, which may seem appealing to those who want to maximize their profits. However, inexperienced traders should be wary of utilizing such high leverage, as it can lead to significant losses.
Withdrawal Conditions and Methods
Although DEX Investing’s Terms and Conditions do not specify any withdrawal requirements, it’s always important to remain vigilant when dealing with untrustworthy brokers. Many of these brokers impose unreasonable withdrawal conditions in order to prevent their clients from withdrawing their funds.
DEX Investing Review: Conclusion
DEX Investing scam was a fraudulent securities offering that promised investors high returns through the purchase of tokens backed by commodities. Individuals were lured into investing their funds in this scheme, only to later find out that no such assets were ever owned by the company behind it. As a result, many investors lost their money and were left with nothing but empty promises after the scheme’s operators disappeared with their money.
If you believe that you are a victim of a DEX Investing scam or other scams like forex scams, cryptocurrency scams, romance scams, gift-card scams, etc., then file a complaint against scam brokers. Fill out a complaint form on the Scam Helpers website, and we will provide a free consultation in the process of the fund recovery process.
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