BrokersView
Search
Download
English
Sign In

Sadex Group

Save

Operating status: SCAM

Website: https://sadexgr.com/

Broker violations and abnormal records
  • 2024-05-12 The BCSC issues a warning against Sadex Group

    On May 13, 2024, the British Columbia Securities Commission (BCSC) issued a warning against Sadex Group, stating that this broker is not registered to trade in, or advise on, securities or derivatives in BC. https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2024/sadex-group

    On May 13, 2024, the British Columbia Securities Commission (BCSC) issued a warning against Sadex Group, stating that this broker is not registered to trade in, or advise on, securities or derivatives in BC. https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2024/sadex-group
  • 2024-05-14 BrokersView has reviewed that Sadex Group is an unregulated broker

    The Sadex Group appears to lack the necessary licensing information to confirm its legitimacy, suggesting it may operate in an unregulated environment. This presents additional risks to investors and raises a red flag.

    Furthermore, the broker does not provide sufficient contact information for investors to verify its authenticity or ensure effective communication. They offer only an email address and two phone numbers, leaving the company's location unclear. This lack of transparency poses a risk to investors, who may find themselves unable to reach the company's staff should any issues arise.

    Adding to these concerns, the British Columbia Securities Commission (BCSC) has issued a warning against the Sadex Group. The BCSC states that this broker is not registered to trade in, or advise on, securities or derivatives in BC, urging investors to exercise extreme caution.

    In essence, Sadex Group is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    Sadex Group appears to be a scam.

    The Sadex Group appears to lack the necessary licensing information to confirm its legitimacy, suggesting it may operate in an unregulated environment. This presents additional risks to investors and raises a red flag.Furthermore, the broker does not provide sufficient contact information for investors to verify its authenticity or ensure effective communication. They offer only an email address and two phone numbers, leaving the company's location unclear. This lack of transparency poses a risk to investors, who may find themselves unable to reach the company's staff should any issues arise.Adding to these concerns, the British Columbia Securities Commission (BCSC) has issued a warning against the Sadex Group. The BCSC states that this broker is not registered to trade in, or advise on, securities or derivatives in BC, urging investors to exercise extreme caution.In essence, Sadex Group is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Sadex Group appears to be a scam.

Related Complaints

Q&A

Is Sadex Group a safe platform?

Villads Holst
Grenada
2024-06-28
ANSWER Sadex Group is not safe.Sadex Group does not provide any licensing details and merely offers inadequate contact information, which could indicate it operates without regulatory oversight, a situation that could pose significant risks to investors.Concerns are heightened by an alert from the British Columbia Securities Commission (BCSC), which has warned that Sadex Group is not registered to trade in, or advise on, securities or derivatives there.Given that Sadex Group is not under the regulation of any official body, we strongly suggest investors steer clear of it to protect their hard-earned money from potential fraud schemes. To reduce substantial risks, it is prudent to consider fully regulated brokers.
See more

How long does it take to open a live account on Sadex Group?

bellymendex
Colombia
2024-05-16
ANSWER We strongly advise against opening an account with Sadex Group, an unlicensed broker.The broker provides minimal contact information, making it difficult for investors and authorities to track them down. They could easily vanish without notice in the event of any complications, which is a significant red flag.The website lacks the necessary licensing information to validate this brand's legitimacy. Furthermore, the British Columbia Securities Commission (BCSC) has issued a warning against Sadex Group, stating that this broker is not registered to trade in, or advise on, securities or derivatives in BC. This serves as evidence of the broker's non-compliance.Therefore, investors who engage with Sadex Group are at risk of fraud and potential losses. To minimize the risk of falling victim to potential fraud schemes, we highly recommend opting for fully regulated brokers over unregulated ones like Sadex Group.
See more

comments

Be the first to review.
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.