DEFX Scam Review 2025: How to recover your funds from DEFX
BROKER COMPANIES TO AVOID: DEFX
DEFX (DEFX.com) is an online broker which offers a trading platform on forex and cryptocurrency.
According to research and reviews from users of the platform, DEFX.com does not fall under any regulating agency and they operate an “Automated Trading Software” as this system is known for scamming schemes. This is to show that this platform is totally a scam and you shouldn’t invest in them.
DEFX.com, like other fraud trading platforms, is unregulated. That means the customers are not protected and are prone to being scammed and there won’t be any agency to hold them responsible.
DEFX has been blacklisted and placed on FCA WARNING LIST, and various complaints on trustpilot
SECURITY/LICENSE OF DEFX
DEFX (DEFX.com) is not licensed and it is not under any regulatory bodies. Every legitimate online broker should be regulated and licensed in the country they operate, They claim to be licensed but without an actual license. They are on various warning lists such as FCA. All these are part of the scamming scheme to look legit to new customers. So it is not advisable to make any investment with them.
WITHDRAWAL OF FUNDS FROM DEFX
One common thing about illegitimate online brokers is that when it comes to withdrawal, there is always delay and if it gets to a particular period you won’t be able to withdraw your funds from the account. For example, If you want to withdraw your money from the account they delay it for six months, and by that time you won’t be able to file a chargeback anymore and definitely your money is gone forever.
CONCLUSION
Unfortunately for many investors, the Forex market is a minefield of scammers and fake brokers. We have been in the industry for over 6 years now, and have seen our fair share of brokers that make promises about huge profits, and then vanish without a trace. At MAFG RIA INC we have taken the time to look into DEFX.com and have found that it is one of the biggest scams in the broker industry. The company is not regulated by any of the major financial regulators, and has a history of stealing its client’s money. Is DEFX.com A SCAM? DEFX.com IS A SCAM
SEND US AN EMAIL: contact@mafgriainc.net or chat with our live agent on steps to recover your funds
