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inefex

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Inefex is a big fraud company (Don't invest any Money)
KARTHIKEYAN G
India
2024-05-08
ANSWER Dear Trader,We understand the distress and frustration this situation may have caused you. Indeed, we have recently received numerous negative reviews and complaints from Inefex's customers, accusing it of being a fraudulent broker. We urge you to report this case to your local authorities.As a third-party service, we are dedicated to advocating for the rights of victims and taking appropriate action against fraudulent entities. We are committed to providing support at no cost to you and doing our utmost to ensure a fair resolution to your complaint. We encourage you to file a complaint through our official platform at https://www.brokersview.com/complaint.As flagged by us, Inefex is not a fully regulated broker. While it claims to be operated by Novir Markets Ltd, a company supposedly registered with the Mauritius Financial Services Commission (Mauritius FSC), there are several signs that indicate risks associated with the broker. Offshore jurisdictions like Mauritius are sometimes criticized for their questionable standards and abilities to implement strict rules for financial brokerages. Since the Mauritius FSC doesn't strictly disclose specific information such as the licensee's phone numbers, physical addresses, and registered website addresses for investors to verify, it is a loophole exploited by some unscrupulous brokers to misappropriate this licensing information, impersonating a license holder in this jurisdiction.Therefore, we consistently underscore the importance of due diligence and exercising extreme caution when dealing with a broker registered solely with the Mauritius FSC.Please Note:Do not trust any individuals or businesses claiming that they can help you recover your lost funds. This is known as a Recovery Room Scam, which has been flagged by financial regulators. Their intention is not to assist you, but to further drain your resources. There are two warnings about this scam from financial regulators that you can refer to in order to gain a comprehensive understanding of the scam and learn how to recognize it. Access the FCA warning here, and the FSMA warning here.
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Inefex kept pushing me to deposit more.
Niloy
Cyprus
2024-04-10
ANSWER Inefex purports to be operated by Novir Markets Ltd, a company allegedly licensed by the Mauritius Financial Services Commission (Mauritius FSC). However, it's important to note that the Mauritius FSC discloses limited information about its licensees. The contact information available on the register is even allowed to be linked to the management companies rather than the licensees themselves. Such circumstances could potentially lead to identity theft cases, where unscrupulous brokers unauthorizedly use the licensing data of other entities to deceive unsuspecting investors into believing in their legitimacy. However, the limited information available discourages investors from verifying the authenticity. Therefore, we consistently highlight the risks associated with dealing solely with Mauritius FSC-licensed brokers.Furthermore, Inefex's performance appears to be subpar recently, as we consistently receive negative reviews or complaints about them. These serve as red flags. Investors should always conduct thorough research when selecting a forex broker. Reviews from other traders are crucial.
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Does Inefex allow scalping?
Eugenia
Romania
2024-01-11
ANSWER Inefex does not disclose the strategies available on its platform. For the most current details, we advise reaching out to their customer service.Before you consider its trading conditions, it's crucial to understand its licensing status. Inefex is a forex broker registered solely with the Mauritius Financial Services Commission (Mauritius FSC), an offshore financial regulator that provides limited licensee information. Inefex purports to be operated by Novir Markets Ltd, and while a registered entity of the same name does exist on the Mauritius FSC website, the lack of comprehensive details impedes full verification.The registered office address and telephone number of the licensee are linked to the management company Blue Azurite Ltd, which offers a broad spectrum of corporate and fiduciary services. Consequently, the licensee details provided on the FSC website lack reference value. Furthermore, the Mauritius FSC does not disclose the licensee's website address, which could potentially allow unscrupulous brokers to illegally impersonate the entity. Therefore, it remains unverified whether Inefex (https://www.inefex.com/international) is genuinely associated with the Mauritius FSC-licensed entity, and there is a risk of identity theft.We strongly urge investors to stay informed and exercise extreme caution when dealing with Inefex. To mitigate risks, we recommend opting for brokers that are under stringent regulation and have established reputations.
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