Wissix Trust Group Review: Trust is Not the Word We’d Use

This company presents a website that is modern and heavily influenced by cryptocurrencies in its design and aesthetic. After spending some time on it, though, we’ve started noticing some unsettling details.

For instance, company information is not readily available, leverage is dangerously high, and the mobile apps are not downloaded from reliable channels. Stay with us as we debunk another scam in our Wissix Trust Group review.

 Persistent Legal Issues

It is unknown who owns or controls the Wissix Trust Group platform for online trading. The web presentation doesn’t reveal a single piece of information that would help shed some light on this topic. An additional problem is the fact that all of the legal documents posted on the site are just as vague and uninformative. Lastly, the contact page reveals nothing of value, either. 

It is entirely impossible to pinpoint an entity that runs this notorious affair. This situation is no surprise, considering that these fraudsters are doing their best to remain anonymous.

More Than a Few Warnings

Our readers are probably asking the million-dollar question right now: Is Wissix Trust Group legit? Based on their lack of transparency, we’d most definitely say no. 

If you’re still not convinced, we’d suggest you check out some of the many public alerts that regulatory bodies all over the world have issued. The swindlers are particularly active in Canada, considering that MSC, AMF, OSC and CSA have all warned the public about their scheme. Following those, we also found CBR, AFM, CONSOB and IOSCO warnings.

New Site With Few Visitors

At the time of writing this review, the wissxtg.com domain is a year old. The WhoIs database shows us that the platform was launched in March 2024. Much of the web traffic to the site originates from these areas:

• Canada
• United Kingdom
• Spain

The site is not visited frequently, and there aren’t many Wissix Trust Group reviews around. This doesn’t mean that the group is harmless by any means – contact our experts if you need help recovering your funds.

How Charlatans Deceive Investors

People working for the fraud circle, boiler room agents, are responsible for finding new targets to bring into the fold. They work by phone and online chat services, and contact the victims directly. After introducing themselves as finance experts, they will start pitching a get-rich-quick scheme. Many other con circles take this same approach, with Shares Hub being another example.

Agents will not be satisfied with a single investment, but will keep coming back for more money in order to, allegedly, provide more trading benefits. None of it is real, though, and the money is simply stolen.

Accounts Indicative of a Fraud

The Wissix Trust Group trading fraud offers several account types, which are fashioned into a tiered structure. In this particular case, there are no price tags attached to the trading accounts:

• Standard
• Bronze
• Silver
• Gold
• Platinum

Now, these are just for show, intended as a product to keep the victim engaged while the agents pitch their scheme. In reality, regular site visitors cannot create an account by themselves, as the feature is not enabled.

Malware Trading App

The broker offers several kinds of trading software to appear legit. The most basic is WebTrader, which we couldn’t access because the account creation was broken.

Knowing how other tricksters like Central Markets Invest operate, we can deduce that this WebTrader is heavily modified to allow quick manipulation of prices. This allows the con men to extort more money from clients.

The web-based Wissix Trust Group app is the least problematic of the bunch. Allegedly, the broker also offers several mobile apps and an app for desktop computers. None of these are available through reliable channels, and may contain dangerous malware that could leak your personal data to these cybercriminals!

Horrible Conditions and Fees

If you sign up for this platform, keep in mind the fact that you’ll be trading under increased risk of loss, due to the maximum leverage ratio being 1:500. In addition, it is not known what trading commissions are charged or what the spreads are. 

If you accept the user agreement, financial cons will have you agree to some insidious conditions. There, the company says they have the right to deduct any amount of fees directly from the client’s account whenever they see fit.

How to Withdraw

The Wissix Trust Group scam promotes the idea of automated withdrawals. It is supposed to mean that all requests are processed within the same day and funds are automatically paid out. It is also stated that no fees are charged for credit card withdrawals. Other transaction methods aren’t even mentioned. 

All of this would be far more believable if it came from a regulated portal. However, we’re dealing with notorious fraudsters. If your funds are stuck on their platform, please contact us immediately.

Inactive Contact Channels

Whatever of the following ways you choose to start communication with the support team, you’ll get no answer:

• email
• phone number
• live chat

Even after leaving all mandatory contact information in the chat, after a solid waiting time, no one reached out to us. So much for the alleged premium support service that’s supposed to be always available for clients.

Conclusion

This would-be broker is a dangerous online predator. The entire website and its contents are parts of a scheme, carefully created to part you from your money.

It’s no secret that these charlatans have taken steps to make fund recovery difficult. However, that doesn’t mean that getting the money back is impossible. Our experts can help – use the live chat on our website to book your free first consultation today!

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