Review – Can You Recognize All The Warning Signs? Review – Can You Recognize All The Warning Signs?

Looking at the website won’t bring you any excitement. The company is far from what it presents themselves to be. While it claims to be the best crypto exchange in Europe, you can find too many problems.

On the positive side, our detailed review brings you all the flaws on a plate. Therefore, regardless of your experience, you’ll be protected before investing with this company.

Regulated By: No Regulations
Is This Company Safe? No
Known Websites:
Have Warnings From: N/A
Registered In: N/A
Operating Since: 2023
Trading Platforms: Web trader
Maximum Leverage: N/A
Minimum Deposit: N/A
Deposit Bonus: N/A
Trading Assets: Cryptos
Free Demo Account: Not Available
How To  Withdraw From This Company? With the completely anonymous approach of this investment company, nobody can expect smooth withdrawals. Therefore, if you have any trouble getting your money out, contact our refund experts for advice.

Legal Info: Is Legit Or A Scam?

If you are an inexperienced trader, you might think this exchange is top-notch, especially with its $67 million daily network volume. But once you realize it’s copy-pasted information from their other brands, you will see they are an absolute scam.

Not only is the exchange not regulated, but none of their other entities are either, such as Koypxex, Koygex, and Jambles. But there are another 30 brands with the same data. Even worse, the same T&Cs and lack of regulations apply there. Therefore, we suggest you find a crypto exchange with tier 1 regulations, such as FCA, ASIC, or BaFin.

Who Are’s Clients?

Important to realize is that the Soqrex crypto exchange doesn’t have any reviews. Yet, they present themselves as the best company in Europe. But if you take a look at the database, you’ll see that this brand has been active since October 2023.

Even though the company has a short life span, they have a wide range of countries targeted. Primarily the ones in Latin America: 

  • Brazil
  • Colombia
  • Argentina
  • Chile
  • Mexico

If you are coming from any of those, don’t hesitate to contact us for refund advice. Otherwise, you can forget about any withdrawal from this company.

Investment Costs With

Another reason not to trust this firm is because of extremely suspicious trading conditions. The fraud is solely based on manipulation. Therefore, none of their fees and commissions can be trusted.

Even though they advertise highly attractive fees below 0.1%, that’s completely fictive. Not to mention, that’s the only fee they reveal. But in reality, there could be many more, considering their missing regulations. That’s why we suggest you check out our Gravity Trade review and see other useful tips.


Overall, crypto exchanges rarely offer any bonuses. But if they do, you better read the bonus policy. Because if you start reading it when it’s too late, you won’t see any of your funds back. Simply, unregulated firms can serve clients with any clauses they want. After all, nobody monitors that. Trading Features

Once you expose the Soqrex scam, all of its features become questionable. Primarily conditions, fees, and withdrawals. But all of their shady activities start with one thing. That’s a web-based platform.

Trading Platforms Available

Instead of trusted third-party apps or proprietary apps, you can only trade on a web trader here. But every experienced trader will tell you not to. Firstly, such platforms have a lot of bugs. Secondly, they are using data from third-party sources. Lastly and most importantly, that data can be modified and used to the company’s advantage.

Available Trading Assets

As it seems, the company offers more than 200 assets. But with so many bogus lies, it’s hard to believe that. In any case, customers can only choose to trade cryptocurrencies here. Some of those are: 

  • Bitcoin
  • Bitcoin Cash
  • Polkadot
  • Ethereum
  • Litecoin and many more

Account Types

The account types with unregulated firms solely show traders how much the company wants from them. In the case of Soqrex scam, that amount is unknown. But in any case, the company highly promotes its premium account.

There’s a clause as well forcing traders to switch to the Premium account if they have 0.2 BTC trading volume in the last 30 days. However, minimum requirements for Regular and Premium accounts remain unknown.

Mobile Trading App

Many traders nowadays can’t choose proper trading apps. But if the crypto trading company is not offering iOS or Android apps, there’s nothing to look for there. Every funds transfer to this firm is just a waste of time and money. But to know how to recognize those tiny details, read our FundsProMax review.

Demo Account

Regardless of the experience, traders should have demo account options with any firm. With a demo account, they can test all the features and trading tools. Yet, with the company, that feature is missing. Therefore, after a deposit, you can only hope for the best.


Since cryptocurrencies are still quite unpredictable, traders always look for adequate educational programs. Sadly, with company, you can’t find any. On the positive side, it tells you how committed they are to helping other traders progress in the investment world. Withdrawal

With numerous brands running and being developed every other day, withdrawals with this firm are science fiction. Not to mention that they are absolutely anonymous entities without regulations. But also, the company has quite an unclear withdrawal policy.

Even though the withdrawal fees seem to be transparent, don’t be surprised if you get additional requests for more fees to be paid. It’s a standard scamming trick among swindlers.

Customer Support

One of the worst things in the investment world nowadays is poor customer support. But the support of Soqrex company is even below that. They don’t offer any. At least not for unregistered users.

But even the registered ones will be ignored if they are looking for a withdrawal. That’s how scamming firms are operating. If they don’t have an interest in you, they can easily ignore you.

Key Information To Consider About

Hopefully, our honest Review helps you understand this company’s key flaws, primarily about their transparency and regulation. Nobody with common sense should trust this anonymous firm. In addition to that, they are using suspicious software, offering shady conditions, and have zero withdrawal transparency.

But if you already trusted your money to this company, don’t worry. Our refund specialists are available for consultation and to help you recover your funds. But before you start the process, you can get the first consultation completely free. Book yours now!

FAQ Section

What is is just one of the numerous brands most probably run by the same group of people who are scamming traders all over the world.

Is a Legit Crypto Exchange?

To sum it up, no. The exchange is not listed anywhere as a reliable and trusted crypto exchange. On top of that, they are not regulated anywhere.

Is It Possible to Recover Stolen Crypto?

Our refund specialists are tracking down crypto transfers with CipherTrace tool. If you get in touch with us, you can find yours too, and start the refund process today!

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!
However, if you're here because you suspect that your investment isn't in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

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