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ixbroker.com

Why is the trust score of ixbroker.com very low?

The website ixbroker.com claims to be an advanced trading platform for professional traders, offering features like anonymous trading, real-time quotes, a user-friendly mobile app, low-risk investment, instant trade executions, and more. However, several red flags and inconsistencies raise concerns about the legitimacy of this platform.

1. Lack of Verifiable Information: The website provides limited verifiable information about the company, its team, or its physical address. This lack of transparency is a common tactic used by fraudulent or untrustworthy platforms.

2. Unrealistic Promises: The website makes bold claims about the profitability potential of trading with them, such as “200% yearly ROI” for certain traders. Such promises of high and consistent returns are often associated with scams.

3. Regulatory Compliance Claims: While the website mentions being regulated by the FCA, CySEC, and ASIC, it also states that the company includes a decentralized brokerage that operates without traditional regulatory oversight and does not implement “know your customer” (KYC) procedures. This contradictory information is suspicious.

4. Lack of Risk Disclosure: The website’s risk warning section mentions the high-risk nature of trading instruments but does not provide detailed information about the specific risks involved, which is a regulatory requirement for legitimate trading platforms.

5. Bonus and Credit Rules: The rules related to bonuses and credits, including their non-time-limited nature and the ability to lose them, are often associated with platforms that use aggressive marketing tactics to lure in traders without fully disclosing the risks.

6. Vague Partnership Claims: The website mentions partnerships with prominent entities like the European Central Bank, but these claims are not backed up with verifiable evidence or details.

7. Lack of Independent Reviews: It’s important to look for independent reviews and feedback from other traders about the platform’s services and reliability. The absence of such reviews can be a red flag.

8. High Minimum Deposit: The minimum deposit requirement of $100 (USDT) for the IX ECN Pro account may be considered high, especially for traders who are just starting out.

9. Inconsistent Language and Terminology: The use of inconsistent or vague language, especially in the risk warning and regulatory compliance sections, can be a tactic to confuse or mislead potential traders.

10. Unsubstantiated Claims of Innovation: The website repeatedly emphasizes its innovative and creative approach to CFD investments without providing concrete examples or evidence of this innovation.

Based on these observations, it’s advisable to exercise extreme caution when considering any involvement with ixbroker.com. It’s recommended to thoroughly research and verify the legitimacy of the platform and, if possible, seek advice from independent financial advisors or regulatory authorities before making any investment decisions.”



the reasons behind this review :
Lack of Verifiable Information, Unrealistic Promises, Regulatory Compliance Claims, Lack of Risk Disclosure, Bonus and Credit Rules, Vague Partnership Claims, Lack of Independent Reviews, High Minimum Deposit, Inconsistent Language and Terminology, Unsubstantiated Claims of Innovation
Positive PointsNegative Points

  Website content is accessible

  No spelling or grammatical errors in site content

  Archive Age is quite old

  Whois data is accessible

  Low review rate by AI

  Domain is new

  Domain does not rank within the top 1M on the Tranco list.

How much trust do people have in ixbroker.com?

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Total 0 reviews

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