Profitix presents itself as a promising trading platform, but numerous user reports and behaviors indicate a well-defined scam. Based on feedback from former users and ongoing complaints, this broker demonstrates characteristics typical of fraudulent schemes in the online trading space.
Website: https://profitix.com/
Website Availability: NA
Owned By: Profitix
Blacklisted by: Swedish Financial Supervisory Authority
Domain Age:
Name-PROFITIX.COM
Registry Domain ID-195281848_DOMAIN_COM-VRSN
Registered On-2005-08-11T05:31:43Z
Expires On-2025-08-11T05:31:43Z
Updated On-2024-02-07T13:41:52Z
Suspicious Website and Operations
Investigators noted that Profitix operated a newly registered domain with minimal transparency. Claims about multiple headquarters raised suspicions, especially when none could be verified. Social media activity was reportedly artificial, with fake followers and bot interactions – common red flags of scam operations.
Contacting and Privacy Violations Aggressive
Even those who have deactivated their accounts claimed they received call and email contact. In one case, the scammers called multiple times under the pretense of reaching a victim’s family. The omnibus causation and culpability for these incidents certainly raise significant concerns for data regularity and ethics.
Money Issues and Contractual Traps
Profitix has developed a well-deserved reputation for employing anticompetitive behavior to manipulate account balances, and ambiguous “contractual” language to deny requests to withdraw money. Traders report that once their deposit is high enough, they either find they will spend forever trying to get it out or it simply cannot be withdrawn. The broker engages in high-risk trades that ultimately randomly or excessively deplete the account rather than allowing withdrawal.
Overview of Investor Warnings
- False claims of profit and immediate withdrawals
- Unconsented use of contact/tracking data from contacts and family
- Unverifiable business addresses
- Contracts cannot be overcome to allow a withdrawal.
Frequently Asked Questions (FAQ):
Q1: Is Profitix a licensed broker?
A: No. There is no conclusive evidence that Profitix is licensed or regulated by any authorized institution.
Q2: Is it straightforward to withdraw money from Profitix?
A: Users have stated that their funds are blocked by misleading contracts, and they also state that it is impossible to receive funds.
Q3: What risks are involved in trading in Profitix?
A: The risk of losing money is paramount. Privacy is also at risk. Funds are unrecoverable. Profitix is an unsafe trading platform.
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