FlixGM (Flixgm.com) is another Crypto and Forex brokerage scam which is stealing from anyone who signs up. Flix GM is purporting to help investors with fixing their finances. When you visit their homepage, it is easy to see why most people are falling for this trap. Members are already crying foul after signing up with this lame broker. Read this detailed FLIXGM Review and find out what is going on.
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After receiving numerous email complaints from members, we decided to investigate. Trouble is brewing after members have been complaining about lack of withdrawal issues. These are professional scam artists who have been causing havoc in the trading world. We have to expose these scam artists and prevent other investors from falling into this trap. Why do investors fall into such scams? Empty claims and promises are a leading cause for investors falling into such traps.
Professional scam artists know for a fact we all want to create an extra buck. They create an illusion that they can help investors make money. What they do is create a visually compelling website to entice users to sign up. These are scam artist who are cloning websites to entice unsuspecting investors to sign up. What these scam artists are doing to investors is horrifying. Once they open accounts and make deposits, it is the last they see or hear from these scam artists.
These scam artists are openly defrauding members of the trading fraternity with over the moon claims. To add salt to injury, they have made sure to remain anonymous. Who are the founding members of this brokerage site? Why can’t they give us names of the people running this website? Any anonymous online investment platform should be treated with caution. Anonymity surrounding these scam artists is enough to raise the red flag. Why do they choose to remain anonymous?
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Altridium Group Inc claims to be the company which owns this trading platform. They are supposedly based in Seychelles which means they are an offshore brokerage house. Offshore brokers can’t be trusted with funds as they tend to close shop without issuing any notices. These are simply scam artists who are using random names to try and feign legitimacy. Stay away from FlixGM or else become their next victim. This review is meant to expose their dirty deeds and warn investors.
After checking what their post on their disclaimer, we have some shocking revelation. Disclaimer at the footer of their homepage claims they have been registered in Seychelles. They have even posted 211718 as their registration number. What we have uncovered is FlixGM is using a random license number. The number does not match any broker licensed in Seychelles. To sign up with a licensed entity, the brokerage firm must be registered by known international regulatory bodies.
Investors are recommended to sign up with entities regulated by international bodies. They include ASIC, COSNOB, CySEC, FCA, FSA, FSCA, NFA, and SEC. These bodies require brokers to pass strict guidelines before issuing a license. Any broker who has been duly licensed by the above bodies is a safe bet. FlixGM is purporting to be a licensed entity and yet, they don’t post any credentials. A real broker will post copies of their licensing for all to see and verify. Why fail to do so?
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A broker who is using fake registration details can’t possibly have any advantage. These are scam artists who will do or say anything to make investors sign up. A huge problem with these scam artists is having a website which lacks basic security features. And this is another red flag we have to raise. Have you noticed their website lacks the most basic of security features? They have simply posted a logo of SSL Encryption which is lame to say the least. Flix GM is a ridiculous platform.
FlixGM is furnishing users with six different account types to choose from. These accounts are named Mini, Beginner, Standard, Silver, Gold, and Infinity. What we noticed odd with these accounts is having similar features. Why would an investor deposit over 350,000EUR and get same advantages as one who deposits 25,000EUR? It would seem these scam artists are targeting all classes of investors. They are also issuing high withdrawal fees to first three account types on offer.
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Account funding is easy and fast thanks to worldwide available channels. Investors can deposit funds using MasterCard as well as Visa. These deposit channels are available so as to get as many investors to deposit as possible. A huge problem with FlixGM is lack of withdrawal services. No member has been able to withdraw funds with this broker which remains a huge problem. These scam artists are refusing to give users their hard earned money. It makes them a total scam outfit.
Why would they fail to give newbie traders a chance to try out their platform? These scam artists want investors to blindly start trading without testing the platform. And this is where we believe FlixGM is able to manipulate investors. Without a demo account, investors don’t know the type of spreads available. These are scam artists who have made a mockery out of the good Forex trading name.
Have you noticed there is no live chat support? With today’s modern technology gains, you would expect a live chat support. Although we don’t recommend bot chat, it would also help to answer some basic questions. With FlixGM, users have to rely on email which is one way communication system. They may choose to never reply your emails especially if they are in regards to withdrawal. Most members have had their emails unanswered for months which is a huge letdown.
How can funds be safe from a broker who is anonymous and claims to be based offshore? Why have they failed to inform members how they handle funds? Where is their base of operation? Which bank do they use to store funds deposited by members? Is it possible users are depositing funds to owner’s bank account? Segregation of accounts is also another big issue. Flix GM is pooling funds in one account which is not acceptable.
After checking all the facts, we are sure FlixGM is a scam. Make sure to warn your family and friends from joining this rotten platform. Mark all their emails as spam and ignore any video marketing gimmick.
Adding this brokerage firm to our scam list will ensure our readers are protected. Now you know what to expect with such anonymous platforms. We hope authorities will investigate and shut down this platform.
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Wishing all investors a lucrative trading experience with recommended products.
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