InFlux Finance Review: A Comparative Analysis
InFlux Finance Review: A Comparative Analysis

When speaking of InFluxFinance broker, there’s nothing much to say. Illegal, unlicensed, typical trading scam. Yet, don’t take our word for it; read everything in our InFluxFinance review.

Broker status: Offshore Broker
Regulated by: Unlicensed brokerage
Scammers Websites:
Blacklisted as a Scam by: BaFin
Owned by: Incendiary Group Ltd
Headquarters Country: Commonwealth of Dominica
Foundation year: 2020
Supported Platforms: Web trader
Minimum Deposit: $300
Cryptocurrencies: No
Types of Assets: Indices, commodities, stocks, FX
Maximum Leverage: 1:200
Free Demo Account: No
Accepts US clients: No

What About InFlux Finance Regulation?

InFluxFinance is a brand of Incendiary Group Ltd from the Commonwealth of Dominica. The company shares an address with other notorious scam brands such as InvestBoost, SeaLimited, EuroFX, and more. 

The broker operates without any sort of regulation, not from the FSU nor Tier1 regulators such as FCA, ASIC, and BaFin. This means that your funds are at tremendous risk, and you should avoid this illicit CFD and Forex trading provider unless you are willing to lose all you have.

In addition, we strongly advise you not to invest in Fortexo, Crystalead and 4x trade fraudulent brokers.

BaFin Against InFlux Finance

InFlux Finance Warnings From Financial Regulators

Since the broker is present in many countries without a license, we’ve checked if any regulatory body noticed its activities. German BaFin started an official investigation against Incendiary Group Ltd and their brand InFlux Finance based on numerous complaints. Meanwhile, they asked the company to stop all activities in this country.

Fund Withdrawal Issues With InFluxFinance Broker

Since InFlux Finance is unregulated, clients have no guarantees for their funds. Of course, nobody will prevent you from investing; in fact, you will be encouraged to do so. Your account manager will be your best friend up to the point where you request a withdrawal.

This is where everything will change, you will not be able to reach the company anymore, and your account will be frozen under different kinds of excuses. 

Areas Of InFlux Finance Scam

According to InFlux Finance reviews, the broker is mainly present in Germany, Serbia, Portugal, and Spain. Besides, we’ve seen complaints from the UK, Scandinavian countries, Australia, South Africa and more.

Wherever you are, be aware that InFluxFinance has no authorization to provide financial services, and the outcome will most likely be negative.

Also remember the names of the Investor500, CFreserve and IqToro trading scams and avoid them at all costs! Moreover, always check the background of online trading companies before investing!

Traders About InFlux Finance Scam

With everything being said, it won’t be a shock to learn that most of the InFluxFinance reviews are negative. The broker has a lousy reputation as one of those fraudsters based in an offshore country, made to extort funds and disappear.

If you find out that you have been scammed, let us know.

How Does Online Trading Scam Work?

Trading scams are no different than other online scams. The final goal is for the victims to give their funds away. Since investing is a potential opportunity actually to make a solid profit, scammers will use different tools such as fake ads, fake results about gains they’ve allegedly made for other clients, etc.

Once you invest in funds with companies such as InFluxFinance, don’t expect to see a return. These brokers are based offshore for a good reason. To avoid any supervision by the regulators and make sure they won’t be discovered before they shut down the website and start their new scam.

Scammed by InFlux Finance? – Tell Us Your Story

If you were scammed by InFluxFinance or a similar bogus broker, let us know. Our chargeback specialists are at your disposal, waiting to hear your story out to help you with filing a dispute.

But What Is A Chargeback?

A chargeback is a way for your bank to retrieve the funds directly from the merchant. However, since you need to file a dispute and provide sufficient evidence, going into the process alone is not easy. Contact us via online chat to book a free consultation and let our experts assist you with the matter.

What Is InFlux Finance?

It is an online CFD and Forex trading provider without a regulation.

Is InFlux Finance A Scam Broker?

Yes, InFluxFinance has been blacklisted by the German regulator for conducting scams.

Is InFlux Finance Regulated?

No, broker is not regulated and provides financial services illegally.

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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