This Tuxai review will analyze the broker’s operations, focusing on red flags and tips for recovering lost funds if scammed.
FRE Broker Overview
- Website: https://tuxtop.com, https://tux8.com, https://tuxail.com, https://tuxai.com
- Website Availability: Yes
- Headquarters Country: United States
- Owned By: TUXAI
- Blacklisted by: Commissione Nazionale per le Società e la Borsa (Italy) – (CONSOB)
- Domain Age:
Name TUXTOP.COM
Registry Domain ID 1848797736_DOMAIN_COM-VRSN
Registered On 2014-03-02T14:56:19Z
Expires On 2026-03-02T14:56:19Z
Updated On 2024-06-21T15:54:19Z
Tuxai is said to be an online trading platform established through a number of domains such as tuxai.com, tuxtop.com, tux8.com, and tuxail.com. It claims to be a reliable broker, but deeper investigation reveals serious concerns and potential red flags suggesting scam-like behavior.
Tuxai Review – Key Concerns
Regulatory Warning and Domain Issues
The most severe red flag in this Tuxai review is the warning from CONSOB, Italy’s financial regulator. Tuxai does not have a legitimate license to provide financial services in regulated markets. Moreover, the WHOIS data is concealed, and the domains are quite new—both typical signs of a potentially unscrupulous site.
Technical and Trust Issues
Tuxai’s Trustpilot rating is 1.9, with mostly negative reviews. The site lacks meaningful content, and SSL certificate issues further compromise its trustworthiness. The server location in Mexico City and the unusual server info also raise concerns. Despite the domain being registered over four years ago, inconsistencies in internet archive data further question its legitimacy.
This Tuxai review highlights multiple red flags, including regulatory warnings, poor user feedback, and technical inconsistencies. Traders are strongly advised to avoid Tuxai due to high risks and signs of potential fraud.
Avoid These Popular Online and Financial Scams
Scammers have various ways to get into the minds of people and take away money from them. Here’s the list of scams:
- WhatsApp Scams: Scammers pretend to be officials, friends, or investment consultants. Their task is to lead the victim to invest in fake schemes or attempt phishing.
- Telegram Scams: Scammers create bogus groups and pose as real businesses to promote fraudulent investments, fake giveaways, and Ponzi schemes.
- Ponzi Scams: Their promise is of high returns and low risk, which is paid by new investors to earlier ones until the scheme collapses.
- NFT Scams: Scammers create bogus NFT projects, artificially inflate the price of NFTs, or simply dupe buyers into purchasing worthless digital collectibles.
- Amazon Scams: Fake Amazon representatives trick users into leaking personal details via fake order confirmation emails, refund scams, or phishing websites.
Is Tuxai Broker Legitimate?
Using the following aspects, we try to confirm the legitimacy of Tuxai Broker:
- Regulation Status: Legitimate brokers are regulated by the SEC, FCA, or ASIC. The lack of regulatory information is a big red flag.
- User Reviews and Complaints: Complaints from dozens of investors regarding lost funds and withdrawal issues point to scamming.
- Transparency and Credibility: Lack of company data, hidden fees, and misleading terms are signs of fraud.
How to Get Funds Back from Tuxai Broker?
If you got scammed by tuxai.com Broker, these steps might help you recover your funds:
- Report to Your Bank or Payment Provider: Refer to transactions made without your permission and file a chargeback request.
- Collect All Evidence: All communications, transaction receipts, and screenshots should be consolidated as proof of the scam.
- Complaint Registration with Financial Authorities: Report the scam to the regulator within your country.
- Consider Seeking Professional Help: Recovery experts can follow the money trail and launch a lawsuit against the fraudulent brokers.
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New fraudulent schemes targeting traders are something we are constantly keeping an eye on across the internet. Having gathered data on scam brokers for over ten years, we hardly can think of any other untrustworthy company in the market. Information about the scammers is provided below from our List of SCAM Brokers.
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Stay informed and trade wisely!