Warning: Is Selonax a Scam?

Warning: Selonax (selonax.com) Analysis

We analyzed Selonax (selonax.com) and uncovered concerning issues.

Selonax appears to be a trading firm, but it is currently unregulated by any top-tier financial regulator.

Cannot Withdraw from Selonax?

If you think you were scammed by Selonax, act now. Fill out the form below to talk to recovery experts for a no-obligation consultation.

Is Selonax Safe?

Selonax runs without supervision.

Investing with unregulated entities is highly dangerous. Real firms are always licensed with bodies like the FINRA or FCA for your protection.

Selonax operates without this supervision. As a result, there is no safety net if they steal your funds. Many investment fraud involve unregulated entities, and getting back funds from them is challenging without professional assistance.

For instance, in the UK, unauthorized firms are not covered by the compensation schemes. In the US, they are not part of regulatory bodies, meaning your money is completely exposed.

Warning Signs of Selonax

Investment fraud is evolving. Scammers use manipulation to take your savings. Here are common tactics seen in brokers like Selonax (selonax.com).

The "Romance" Trap

"Pig Butchering" is a cruel method where scammers build trust over months. They build a relationship online. Eventually, they introduce a "lucrative" crypto opportunity. It is a lie to get you onto a scam site like Selonax.

Fake Trading Dashboards

Scammers build websites that mimic real trading apps. You see graphs and profits that increase. But it is a simulation. The scammer manipulates the numbers to convince you to deposit more. If you ask for a payout, the "profits" are gone.

Red Flags

• Cold Calling: You get calls from "brokers" you don't know.
• Unregulated: The firm has no authorization.
• High Returns: They guarantee huge profits with no risk.
• Cannot Withdraw: You cannot get your money out. They demand "tax fees" before releasing funds.
• Aggressive Sales: "Account managers" pressure you to invest bigger amounts.

Ignore fake reviews. Fraudulent brokers frequently post their own positive reviews to look legitimate.

Verdict

Selonax is not trusted. It is likely a fraud. Save your funds and find a licensed broker. Avoid selonax.com at all costs.