Warning: Is PaxForex a Scam?

Is PaxForex (paxforex.org) a Scam?

We investigated PaxForex (paxforex.org) and found concerning issues.

We found that the company name is Laino Group, it is located at Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent and the Grenadines, the phone number is '+44 2035040303, and the support email is info@paxforex.com.

PaxForex presents itself as a financial platform, but it appears currently not authorized by any major financial regulator.

Have You Lost Funds to PaxForex?

If you believe you have been scammed by PaxForex, act immediately. Submit the inquiry below to consult cyber-forensics experts for a no-obligation consultation.

Can You Trust PaxForex?

PaxForex operates without supervision.

Investing with unregulated entities is extremely risky. Trusted firms are must be licensed with bodies like the SEC, ASIC, or FCA to protect investors.

PaxForex lacks this supervision. This means there is no protection if they steal your funds. Many investment fraud involve unlicensed entities, and getting back funds from them is difficult without expert help.

For instance, in the UK, unlicensed firms are outside the jurisdiction of the compensation schemes. In America, they are not members of SIPC, so your capital is completely exposed.

How PaxForex Might Scam You

Investment fraud is evolving. Scammers use social engineering to take your savings. Below are typical tactics used by sites similar to PaxForex (paxforex.org).

The "Romance" Trap

The "Romance Scam" is a brutal method where scammers build trust over months. They build a romance online. Once trust is built, they introduce a special investment. It is a lie to get you onto a fake platform like PaxForex.

Rigged Platforms

Fraudsters build websites that mimic legit trading apps. You see graphs and profits that increase. But it is a game. The scammer manipulates the numbers to make you feel rich so you invest more. If you ask for a payout, the "profits" are gone.

Red Flags

• Unsolicited Contact: You get calls from "brokers" out of the blue.
• No License: The firm lacks legal registration.
• Guaranteed Profits: They promise huge profits or risk-free trades.
• Cannot Withdraw: You cannot get your money out. They demand "tax fees" before releasing funds.
• Aggressive Sales: Agents push you to invest bigger amounts.

Do not trust positive ratings. Fraudulent brokers frequently post their own 5-star reviews to look legitimate.

Final Thoughts

We advise against PaxForex. It appears to be a fraud. Protect your money and use a licensed broker. Avoid paxforex.org at all costs.