Tixee Broker Review: A Comprehensive Examination
As a newcomer on the financial market, Tixee broker tried to build its reputation by offering a reputable trading software in the form of MT5 and a standard minimum deposit of $250.
However, we were determined to find out more before sending you out to invest with this company. Read our Tixee review and get all the information in one place.
|Broker status:||Offshore Broker|
|Regulated by:||FSA Seychelles|
|Owned by:||Pipbull Ltd|
|Supported Platforms:||MT5, web trader|
|Types of Assets:||FX, stocks, commodities, indices|
|Free Demo Account:||No|
|Accepts US clients:||No|
Tixee Regulations and Security
Tixee is a brand of fun named Pipbull Ltd from Seychelles. Unlike many scammers, this one is registered with the FSA. However, it still doesn’t mean much since the FSA doesn’t have a compensation fund, meaning that clients cannot be reimbursed directly by the regulator.
Long story short, if Tixee has scammed you, you would need to look for an alternative money-back solution. And this is something we can help you with.
Fund Withdrawal Issues
According to Tixee reviews, this broker itself doesn’t have such a bad reputation. However, one of the pinpointed subjects definitely is withdrawal issues. To withdraw their funds, clients need to submit sufficient documentation. Yet, once you go into this verification process, you will discover that it’s not as easy as it seems. Customer support will constantly have new demands, stating that your photos are not clear enough or similar. All of this is to prevent you from verifying your account and getting your money back.
As mentioned, traders made reports about difficulties with funds withdrawals. On the other hand, many of them are complaining about FSA regulation since it just doesn’t give enough trust. Also, there’s a big dissatisfaction among traders because the broker offers a web trader and desktop trading, but not a mobile app for those who would like to check their accounts while at work. This is rather inconvenient.
How Does Online Trading Scam Work?
Online trading became highly popular back in the 2000s with binary options. People saw their opportunity to finally join the financial market without millions in their banks and make profits. However, some scammers saw their opportunity to earn on people’s naivety. If you don’t check your broker closely, you may not know you’re dealing with fraud.
For example, Tixee is the FSA regulated broker. Unless you check the FSA and find out they do not oblige brokers to have a compensation fund, you will never know that a regulator can’t reimburse you.
Scammed by Tixee?
If you were a victim of the Tixee scam, let us know immediately. Our experts will help you file a dispute and start a chargeback.
But what is a chargeback?
It’s a legal way for your bank to retrieve funds from the merchant if you have enough evidence about being scammed. For assistance with such a sensitive matter, contact us via online chat. We will book a free consultation and help you file a dispute.
What is Tixee?
Tixee is an online trading platform based and regulated by the Seychelles.
Is Tixee a scam?
Since the broker has only an offshore regulation and no Tier1, we cannot say it’s safe.
Is Tixee regulated?
Tixee is a broker regulated by the Seychelles FSA. However, bear in mind it’s an offshore regulation.