Warning: Is Delorax a Scam?

Unregulated

Be careful of Delorax (delorax.com); it displays several indicators of a scam. It appears to be unlicensed.

Warning: Delorax (delorax.com) Analysis

We analyzed Delorax (delorax.com) and uncovered alarming details.

Delorax appears to be a trading firm, but it is not authorized by any major commission, like the ASIC or CySEC.

Money Stuck in Delorax?

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Regulatory Check: Delorax

Our investigation confirms that Delorax is missing a valid license.

Investing with unlicensed firms is very dangerous. Real firms are always authorized with agencies like the SEC, ASIC, or FCA to ensure consumer safety.

Delorax lacks this protection. As a result, there is no legal recourse if they steal your money. Many investment fraud involve unlicensed entities, and recovering funds from them is challenging without professional assistance.

For instance, in the UK, unauthorized firms are not covered by the compensation schemes. In America, they are not part of SIPC, so your money is completely exposed.

Common Scam Tactics

Investment fraud is evolving. Fraudsters use social engineering to steal your savings. Below are typical tactics used by brokers like Delorax (delorax.com).

Pig Butchering & Romance Scams

"Pig Butchering" is a brutal method where scammers build trust over weeks. They build a relationship on social media. Eventually, they mention a "lucrative" investment. It is a lie to get you onto a fake platform .

Rigged Platforms

Scammers create websites that look exactly like legit trading apps. You see graphs and profits that go up. But it is a simulation. The broker manipulates the prices to make you feel rich to deposit more. When you try to withdraw, the "profits" disappear.

Other Warning Signs

  • Unsolicited Contact: They call you from "brokers" you don't know.
  • No License: The firm lacks legal registration.
  • Guaranteed Profits: They guarantee huge profits or risk-free trades.
  • Withdrawal Issues: You cannot get your money out. They demand "tax fees" first.
  • Pressure Tactics: Agents push you to deposit more.

Ignore positive ratings. Fraudulent brokers frequently write their own 5-star reviews to look legitimate.

Verdict

We advise against Delorax. It appears to be a scam. Protect your money and find a regulated broker. Avoid delorax.com at all costs.