Demaxis.com Review

Investors Alert Demaxis.com – Regarding registration of issuance, offer or sale of securities/derivatives, and reporting requirements

Introduction:

Online trading can be a lucrative and exciting activity, but it also comes with many risks. One of the biggest risks is falling victim to a scam broker that will take your money and disappear. Demaxis.com is one of those scam brokers that you should steer clear of. In this review, we will review Demaxis.com and show you why they are not trustworthy, what products and services they offer, how they operate, and how to avoid them.

Products and Services:

Demaxis.com claims to offer a wide range of trading instruments, such as forex, stocks, commodities, indices, cryptocurrencies, and more. They also claim to provide a user-friendly trading platform, competitive spreads, fast execution, high leverage, and various account types. However, these claims are not backed by any evidence or proof. Demaxis.com does not disclose any information about its trading conditions, fees, commissions, or margin requirements. They also do not provide any demo accounts or educational resources for their clients.

Financial institution & regulatory license:

Demaxis.com is not regulated by any financial authority. This means that they are operating illegally and without any oversight or supervision. They do not have a valid license to offer financial services in any jurisdiction. They do not comply with any rules or regulations regarding client protection, fund segregation, anti-money laundering, or dispute resolution. They do not have any contact details or physical address on their website. They are essentially a ghost company that can disappear at any time with your money.

Trader’s Reviews and Customer Service:

Demaxis.com has a very poor reputation among online traders. There are many negative reviews and complaints about them on various forums and websites. Many traders have reported that Demaxis.com is a scam that does not process withdrawals, manipulates prices, closes trades without consent, charges hidden fees, and blocks accounts without reason. Demaxis.com does not have any customer service or support team. They do not respond to any emails, phone calls, or messages. They do not have any social media presence or online chat option.

How do online trading scams operate:

Online trading scams are very common and sophisticated. They use various tactics and strategies to lure unsuspecting traders into their trap. Some of the common methods they use are:

– Creating fake websites that look professional and legitimate

– Offering unrealistic returns and bonuses that are too good to be true

– Using fake testimonials and reviews from paid actors or bots

– Using aggressive marketing and sales techniques to pressure traders into depositing money

– Using fake or stolen credentials and logos to appear as regulated entities

– Using sophisticated software and algorithms to manipulate prices and trades

– Using phishing emails and calls to obtain personal and financial information from traders

– Using malware and viruses to infect traders’ devices and steal their data

How to Safeguard Against Fraudulent Brokers:

There are some steps you can take to protect yourself from online trading scams and avoid losing your money. Some of the best practices are:

– Do your research before choosing a broker. Check their website, reviews, ratings, license, regulations, terms and conditions, etc.

– Verify the broker’s identity and contact details. Call them, email them, or visit their office if possible.

– Avoid brokers that offer unrealistic returns, bonuses, guarantees, or incentives.

– Avoid brokers that ask for upfront fees, commissions, taxes, or charges.

– Avoid brokers that pressure you into making quick decisions or depositing more money.

– Avoid brokers that do not provide clear and transparent information about their trading conditions, fees, policies, etc.

– Avoid brokers that do not have a secure website or payment system.

– Avoid brokers that do not have a demo account or educational resources.

– Avoid brokers that do not have a customer service or support team.

– Use a reputable and regulated broker that has a good track record and reputation.

Conclusion:

Demaxis.com is a scam broker that you should avoid at all costs. They are not regulated by any financial authority and they do not offer any legitimate products or services. They are only interested in taking your money and running away. They have many negative reviews and complaints from traders who have been scammed by them. They use various methods to deceive and manipulate traders into trusting them. You can protect yourself from online trading scams by following some simple tips and guidelines. You can also report any suspicious or fraudulent activity to the relevant authorities.