Lynx AI Review: You Might be the Next Scam Victim
Lynx AI Review: You Might be the Next Scam Victim

As the online Forex world constantly evolves, so do the scam methods. In this Lynx AI review, we unfold the ongoing sham that forces its targets to contact customer support and subject themselves to boiler room brainwashing.

Once you hear more about the rotten scheme unfolding behind the site in question, you won’t be surprised to learn that the firm is also blacklisted.

Regulated by: Unregulated broker
Is This Company Safe? No, according to financial authorities, this company is a pure fraud!
Known Websites: lynx-ai.pro

lynx-trading.org

lynx-trading.vip

Have Warnings from: AMF
Registered in: SVG (alleged)
Operating since: 2024
Trading Platforms: WebTrader
Maximum Leverage: 1:400
Minimum Deposit: N/A
Deposit Bonus: N/A
Trading Assets: Gorex, Cryptocurrencies, Stocks, Commodities, Indices
Free Demo Account: No
How to  Withdraw from This Company? Since this company is unlikely to return your money, you can contact your bank, or financial regulator, or simply reach out to us for professional assistance in recovering your funds.

Lies Behind the Facade

Don’t mistake this faux online trading brand for anything else just because of its fancy website. The firm running the Lynx AI scam is not known to the public. As a matter of fact, the entity isn’t even clearly named anywhere on the site.

According to the vague corporate information, the owner of the web presentation is a company named ynx-trading LLC. This business should be registered in SVG if we were to believe their suspicious statements. However, the public register of SVGFSA contains no entity under this name. It remains highly questionable whether the company exists as such in the first place. 

Not a Legitimate Brokerage

Even if the firm was indeed registered with SVGFSA, that wouldn’t be enough for them to be eligible to promote and sell online financial services, especially to EU and UK traders. SVG is a popular offshore zone for illicit brokerage projects, as its local regulator doesn’t oversee Forex dealers.

In addition, this company is also blacklisted by the French AMF. That means that the website is not safe, as the company doesn’t hold a mandatory license. Such brokers can’t provide proper security measures and fund safety, as well as negative balance insurance or compensation funds. 

How Swindlers Find Their Marks

The trio of domains are functionally one same website, as all of the separate websites are redirected to lynx-trading.vip. Of all the domains, lynx-ai.pro is the earliest, created in July 2024. This is why you find any Lynx AI reviews on the web.

The con itself functions as your run-of-the-mill scam call center, known as a “boiler room.” It employs charismatic and persuasive people to contact potential victims directly. Usually, these “boiler room agents,” as they are known, will pretend to be financial experts and offer an unrealistically lucrative business opportunity. This is a strategy Dealnet Capital employs as well.

In this case, the majority of the victims are from the following nations:

  • United Kingdom
  • Canada
  • Spain
  • Netherlands

Account Opening Process as a Bait

An investor who wishes to test the trading environment on this platform can’t easily open a Lynx AI account. No matter which credentials you use, you will be notified that your activity on the website resembles that of a robot, and the process will be aborted. 

Then, you will be urged to contact the support office to allegedly help you with the registration. However, this is just another strategy to subject targets to financial manipulation conducted by boiler room agents.

Even if you somehow manage to register, these are the account options available without any clarification on the costs:

  • Classic 
  • Silver
  • Gold
  • Vip

Every account promotes some benefits, such as high leverage, swap discounts, and customized training, but nothing guarantees you get the service you pay for.

Opaque Trading Costs

Depending on the account type, clients, or better said, victims can expect leverage varying from 1:100 (Classic) to 1:400 (VIP). In the majority of nations, leverage is capped by law at 1:50 or lower, and leverage this high is illegal.

Swaps are described as “basic” or having discounts ranging from 10% up to 25%. Likewise, spreads are basic, silver, gold or VIP. Of course, you’d expect these to be transparent, tangible numbers – but schemers don’t care much.

Other charges, like fees, commissions, or taxes, are never mentioned.

Platforms and Instruments

Not much can be said about the trading environment. It is centered around a pretty ramshackle Web Trader, one you’ll often see with other con schemes like Kite Fx. There is no such thing as Lynx AI trading security, as the app itself is just a script imported from TradingView with a few additional buttons.

The trading software, if you can call it that, features these instrument groups:

  • Forex – EUR/USD, AUD/CAD, CHF/JPY, EUR/AUD
  • Cryptocurrencies – BTC/USDT, ETH/USDT, DOGE/USDT, CAKE/USDT
  • Stocks – BOA, GM, Pfizer, VISA
  • Indices – Nasdaq, S&P 500, Nikkei, IBEX
  • Commodities – Gold, Crude, Coffee, Zinc

Payout Terms Not Included

It’s as if the conditions of the Lynx AI withdrawal are the least important aspect of the trade. The company doesn’t make a single mention of this. No matter how hard we looked at the scarce legal documentation, we couldn’t find a single piece of information pertaining to monetary transfers.

It remains hidden what transaction channels are supported, but in the majority of cases you’ll only find crypto. If that happens, you should always opt for Forex providers that have transparent pricing and support more transparent payouts. 

Don’t Rely on the Support Team

We’ve already mentioned how creating a Lynx AI login requires potential users to contact customer support. Since this is the case, you can already understand that the support team is not your friend.

Support is allegedly available 24/5, but you can’t contact them directly other than via an email address. This ensures that the communication is always one-sided and that the victim is completely dependent on their boiler room agent.

Need Help With Recovery? Get In Touch Today!

This fraudulent scheme uses several overlapping strategies in order to squeeze as much money as possible from their marks. The so-called brokerage is actually a well-devised con revolving around a boiler room.

Unfortunately, the cybercriminals running the site are not likely to return your money out of their own goodwill. Recovery of lost funds requires legal action, which is something our expert team is experienced in. You may book a free consultation at any time via the live chat on our site.

FAQ

Is Lynx AI a Regulated Forex Broker?

No, this company is completely illicit. It does not have any registration or regulatory license to provide its claimed services.

Who Do I Turn To For Help With Recovery?

Recovery of lost funds is not easy and requires help from a professional. Should you decide to do so, feel free to book a free consultation with our legal team.

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