Tradixa is an online forex and CFD broker that claims to offer a high-quality trading platform, webinars, seminars, and education resources for traders. However, before you decide to open an account with Tradixa, you should be aware of the many red flags that indicate that this broker is not trustworthy and may be a scam.
First of all, Tradixa does not have any valid license or regulation from any reputable financial authority. This means that the broker is operating illegally and without any oversight or protection for its clients. Tradixa has been added to the warning lists of the UK’s Financial Conduct Authority (FCA) and Italy’s Commissione Nazionale per le Società e la Borsa (CONSOB), which have alerted the public that this firm is not authorized to provide investment services in their countries. Moreover, Tradixa has been changing its domain names frequently, which is a common tactic of scam brokers to avoid detection and legal action.
Secondly, Tradixa has a poor reputation among its customers, who have reported various issues and complaints about the broker. Many users have claimed that Tradixa has failed to process their withdrawal requests, ignored their calls and emails, charged them with hidden fees, manipulated their trades, and pressured them to deposit more money. Some users have even accused Tradixa of stealing their funds and disappearing. You can read some of the negative reviews on Trustpilot and other websites.
Thirdly, Tradixa does not provide any clear or reliable information about its trading conditions, fees, or policies. The broker’s website is vague and incomplete, and does not mention any details about its spreads, commissions, leverage, margin requirements, deposit methods, withdrawal conditions, or customer support. The only thing that Tradixa seems to emphasize is its alleged advantages and benefits, such as low spreads, fast execution, advanced technology, and professional guidance. However, these claims are not backed up by any evidence or proof.
In conclusion, Tradixa is a broker that you should avoid at all costs. It is not regulated, not transparent, not reputable, and not safe. It is very likely that Tradixa is a scam that will try to lure you with false promises and then rip you off. If you are looking for a legitimate and reliable broker to trade forex and CFDs online, you should look elsewhere.
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