Enerixinvest Review

This broker entered financial markets in 202. But from St. Vincent and Grenadines. We all know what offshore countries serve for. Even the company name Bamboozle Group LTD indicates nothing good. But we won’t jump to conclusions too early. Enerixinvest broker provides FX and CFD trading services through a proprietary web-based platform.

But if they do that legitimately and if you can trust your finances to this broker, discover in this Enerixinvest review.

What is more, we strongly advise you not to invest in Hlyton, Sky Gold Market and TigersFM fraudulent brokers.

Enerixinvest Broker – Legit or Scam?

This is an unregulated entity with many warnings. Enerixinvest broker doesn’t have a strong reputation. Uncompetitive trading assets available. Suspicious web-based trading platform.

The first thing always investigated about the broker is regulation. Nowadays, traders learned that all promises are irrelevant. Unless the broker is licensed by a Tier 1 regulator. The FSA doesn’t provide trading licenses anymore. So, we must look elsewhere.

Therefore, we always go back to the old-school regulators. Those are the strictest ones with a very positive reputation. For example, FCA, ASIC and BaFin. But this research left us disappointed. Because this broker doesn’t have any of those licenses. Moreover, we found confirmation clues that this is an investment scam.

Warning Issued by Financial Authorities

Throughout the research for the trading license, you can easily come up with completely opposite results. That’s the case with Enerixinvest trading company.

Financial institutions have listed warnings against this broker. For example, FSMA, CONSOB and CNMV. Where’s smoke there’s a fire as well. So, now you have clear signs of these fraudulent activities.

Trading Platform and Other Apps on Enerixinvest

Enerixinvest broker offers an efficient platform. Moreover, they advertise millions of traders using it. As per the broker’s website, they offer some advanced features. Like automated trading, indicators, chart settings and advanced analysis.

But it’s nothing that a trusted software such as Meta Trader can’t offer. What raises suspicion is that this broker advertises a mobile app. Which is not available in any store. Additionally, this is a proprietary platform. On top of that, run by offshore non-licensed broker. A perfect recipe for a disaster. Above all, the broker promotes negative balance protection. But we wouldn’t be so sure about it.

Enerixinvest’s Trading Assets and Instruments

Besides all the flaws this broker has, they lack even cryptocurrencies. One of the most attractive assets is missing here. Therefore, Enerixinvest traders can choose only:

• Forex                        GBP/USD, AUD/JPY, EUR/HUF
• Commodities            natural gas, crude oil, cotton
• Indices                      Nikkei 225, CAC 40, AU 200
• Shares                      Deutsche Bank, American Airlines, Amazon

With “tight” spreads and leverage of up to 1:100, this is not something traders are looking for.

Enerixinvest Countries Of Service

As the broker mostly operates in Europe, they should comply with at least ESMA rules. However, they are violating every possible rule.

Above all, traders don’t have any fund protection measures. In general, they are primarily scamming traders from:

• Germany
• Italy
• Poland
• Ukraine

Enerixinvest List of Account Types

Enerixinvest account types don’t differ much from any other company. But their advantages are mainly focused on education and support.

However, you can’t benefit from trading conditions. Your options with this scam broker are:

• Mini              $250
• Standart        $2.500
• Classic         $5.000
• VIP               $10.000

 Can a Trader Use a Demo Account?

A demo account is often not a representative tool. However, it is useful to get familiar with the platform. A downside is that scam broker like Enerixinvest don’t advertise such options.

The main reasons behind that are anonymity and lack of a good reputation. This way, they can hide their flaws and let traders get into their trap.

Terms of Service for Enerixinvest

Another key point of this investment scam is negative balance protection. This broker is maliciously misleading its traders into believing that they provide such a service.

Their advertisement indicates that basic features are those that keep you safe. For instance margin call, stop-out and stop-loss. But even with those you can end up in debt. Especially through big market price swings.

Leverage, Spreads and Fees

For an EU-based broker maximum allowed leverage is 1:30. Thus, Enerixinvest company offers 1:100.

In addition to that, their fees and spreads remain a mystery. With this in mind, it’s better to look for a licensed broker. Primarily because they won’t try to scam you on every corner.

Enerixinvest Bonus Program Rules

Another key point is a refer-a-friend program. This way they are trying to expand their network of traders. Every trader that brings another client is rewarded with a bonus.

But once you accept the bonus, you can’t make any withdrawals. Unless you have made an insanely high trading volume. Which is very often unreachable.  Many traders already reported withdrawal issues with this broker. This happens mostly due to fraudulent tactics. But also malicious bonus policies.

Scammed by an Enerixinvest Broker? – We Want To Hear Your Story

You are not the first or last who got scammed by this broker. But it’s important to share your opinion and experience with this broker.

A great solution to those issues is a chargeback. Our expert team can advise you on the first steps of the procedure. Don’t let these swindlers get away with your money.

What Is the Chargeback Procedure?

Every card transaction can be reversed in cases fraud is reported. Besides a cardholder, even a merchant can start this process. Unfortunately, such a procedure has a time limitation when it can be requested. So don’t waste time and get in touch now.