Warning Investors Demaxis.com – Regarding registration of issuance, offer or sale of securities/derivatives, and reporting requirements
Forex and CFD trading can be a lucrative and exciting way to invest in the global markets, but it also comes with significant risks and challenges. One of the most important factors to consider when choosing a broker is whether they are regulated by a reputable financial authority, such as the FCA in the UK, the ASIC in Australia, or the CySEC in Cyprus. These regulators ensure that brokers comply with strict rules and standards to protect customers’ funds, data, and rights. They also provide dispute resolution services and compensation schemes in case of broker insolvency or misconduct.
Regulation and Compliance:
Demaxis is not regulated by any financial authority, which means that it operates without any oversight or accountability. This exposes customers to various risks, such as price manipulation, hidden fees, unfair terms and conditions, withdrawal problems, and even outright theft of their money. Demaxis does not provide any information about its legal status, ownership, location, or contact details on its website, which is another sign of a lack of transparency and professionalism. Furthermore, Demaxis is blacklisted by several regulators, such as the FCA and the CNMV, for offering financial services without authorization and for being involved in scam activities.
Another aspect that reveals the poor quality of Demaxis is its customer support service. Many customers have complained about the rude, unresponsive, and unhelpful attitude of the support agents, who often ignore or dismiss their queries and issues. Some customers have also reported that they were pressured or misled by the support staff to deposit more money or to accept bonuses with unrealistic conditions. Moreover, Demaxis does not offer any live chat or phone support options, which makes it difficult to reach them in case of urgent problems.
The feedback from customers who have dealt with Demaxis is overwhelmingly negative and alarming. Many customers have shared their stories of how they lost their money or were unable to withdraw their profits from Demaxis. Some customers have also accused Demaxis of being a Ponzi scheme that uses fake testimonials, reviews, and awards to lure unsuspecting traders. The few positive reviews that can be found online are likely to be fake or paid for by Demaxis itself.
Measures to Avoid Scam Brokerages:
To avoid falling prey to scam brokerages like Demaxis, you should always do your research before signing up with any broker. You should check whether they are regulated by a credible authority, whether they have a good reputation among customers and experts, whether they offer fair and transparent trading conditions, and whether they have a reliable and accessible customer support service. You should also be wary of any broker that offers unrealistic promises, such as high returns with low risk, free bonuses with no strings attached, or guaranteed profits. If something sounds too good to be true, it probably is.
Demaxis is a forex and CFD broker that is not regulated by any financial authority and has many negative reviews from customers. It is likely to be a scam that operates without any oversight or accountability and exposes customers to various risks and losses. We strongly advise you to avoid Demaxis and choose a regulated and reputable broker instead.