Warning Investors!
- Entities: FDX Advisors
- SEC Warning: Impersonators of Genuine Firms
- Date: 2023/09/15
- Location: 35 East Wacker Drive, Suite 2400, Chicago, IL 60601
- Phone: 1-916-516-1203
- Fax: None
- Email: [email protected]
- Website: https://fdx-advisors.com/
- Warning Investors FDX Advisors – The above listed entity is impersonating a genuine entity having a similar name: FDX Advisors, Inc. – CRD # 104601 / SEC # 801-29775/ CIK # 1566601.
- The genuine entity has the following address – One North Wacker Drive Suite 1925, Chicago, IL 60606. The genuine entity does not appear to maintain a website. The SEC’s Edgar Database contains registration information for the genuine entity.
- The impersonator has no connection with, and is not to be confused with, the genuine entity.
Introduction To FDX Advisors
FDX Advisors is an unlicensed online investment service that puts investors at high risk of losing their money. It is not regulated by any authority and could vanish at any time without warning. The SEC warns investors about such fraudulent entities in a detailed report that covers three kinds of scams: unregistered solicitors, fake regulators, and impostors of real firms. The report provides useful information such as websites, contacts, and methods of these scammers. Investors should always check the SEC’s EDGAR database and FINRA’s BrokerCheck system to verify the legitimacy of any entity that contacts them and report any suspicious activities to the SEC, which will continue to investigate and update the report.
Regulation and Compliance of FDX Advisors
The absence of regulation in FDX Advisors suggests its likely illegality, putting deposited funds in jeopardy. This underscores the importance of avoiding any engagement with FDX Advisors. The lack of regulatory oversight means those managing the platform can abscond with your funds without being held accountable for their actions. In stark contrast, regulated firms adhere to stringent regulations, ensuring the safety of clients’ funds through licensing requirements that vary across jurisdictions.
To ascertain the legitimacy of an investment platform, such as FDX Advisors, investors should easily access information about key figures like the CEO. A shortage of information raises red flags, indicating potential dangers associated with dealing with such platforms. Moreover, the immediate solicitation of personal information, coupled with promises to expedite deposits, is a common tactic employed by scammers, making it imperative to exercise caution.
Client Warning Signs FDX Advisors
Investors should be vigilant for warning signs that indicate an unreliable investment platform. These signs include a lack of regulation, exorbitant fees and commissions, inadequate website information, poor communication, a pushy demeanor, undisclosed rules and fees, and restrictions on withdrawing funds. Recognizing these signs can help investors make informed decisions and avoid potential scams.
Products and Services offered by FDX Advisors
Branding FDX Advisors as an unsafe investment platform stems from its lack of regulation. Unregulated platforms, by nature, make grand promises they fail to fulfill, and FDX Advisors is no exception. Their dubious claim of significant earnings is a red flag, signaling a likely scam. Investors should exercise caution and avoid FDX Advisors, given its dubious track record.
FDX Advisors Customer Support
While FDX Advisors offers contact options through telephone and email, the absence of location information raises uncertainty. Fraudulent platforms often sever communication once funds are deposited. Adequate customer support is vital for establishing trust, and the lack thereof raises concerns about FDX Advisors’s credibility.
Measures to Avoid Brokerages Like FDX Advisors
The lack of information and regulatory oversight casts doubt on the safety of funds with FDX Advisors. Unregulated platforms pose a substantial risk to deposited funds, and FDX Advisors withholding crucial information further exacerbates the concern. Investing with such platforms not only jeopardizes funds but also exposes personal data to potential misuse during the registration process.
Clients often discover they are dealing with a scam when attempting to withdraw funds from FDX Advisors. Tactics employed by dubious brokers include pressuring clients into additional trades, imposing high withdrawal fees, and ceasing communication altogether. If FDX Advisors engages in such practices, seeking expert advice is crucial to facilitate fund release.
Conclusion:
FDX Advisors stands as an unregulated platform, warranting avoidance due to its unreliable investment methodology. Unregulated investment scams, including FDX Advisors, typically operate anonymously, with a foreseeable closure on the horizon. Investors, especially those with limited experience, should exercise caution and opt for regulated platforms to mitigate risks. Unregulated entities lack insolvency protections available to regulated platforms, making the choice clear for savvy investors.
If you’ve fallen victim to a scam or require a free consultation, feel free to share your experience by leaving a comment or submitting your complaint through the provided button.
