Warning: Is Sinox FX a Scam?

Investigation: Sinox FX (sinoxfx.com)

Sinox FX (sinoxfx.com) has been identified as a probable illicit broker.

We found that the company name is Sinox FX Limited, it is located at 71-75 Shelton Street, London, United Kingdom, the phone number is 971569066035, and the support email is support@sinoxfx.com.

Sinox FX appears to be a trading platform, but it appears illegal by any credible commission, like the ASIC or CySEC.

Cannot Withdraw from Sinox FX?

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Safety Analysis: Sinox FX

Our investigation shows that Sinox FX lacks a valid license.

Investing with unregulated brokers is extremely dangerous. Real firms are always licensed with agencies like the FCA, CySEC, or CFTC to ensure consumer safety.

Sinox FX lacks this supervision. This means there is no safety net if they withhold your money. Many investment fraud involve unregulated actors, and getting back funds from them is hard without professional assistance.

For example, in Europe, unauthorized firms are not covered by the Financial Ombudsman. In the US, they are not part of regulatory bodies, so your money is at risk.

Warning Signs of Sinox FX

Online trading fraud is evolving. Scammers use psychological tricks to take wealth. Here are typical methods seen in sites similar to Sinox FX (sinoxfx.com).

Pig Butchering & Romance Scams

"Pig Butchering" is a cruel method where scammers groom victims over weeks. They build a friendship on social media. Once trust is built, they mention a "lucrative" investment. It is a lie to lure you onto a fake platform .

Rigged Platforms

Fraudsters create websites that mimic real trading apps. They have charts and balances that increase. But it is a fake. The scammer manipulates the prices to convince you to deposit more. If you ask for a payout, the "profits" are gone.

Other Warning Signs

• Unsolicited Contact: They call you from "brokers" out of the blue.
• Unregulated: The company has no legal registration.
• Guaranteed Profits: They guarantee 1% daily returns or risk-free trades.
• Cannot Withdraw: They refuse withdrawals. They demand "tax fees" before releasing funds.
• Pressure Tactics: "Account managers" push you to deposit more.

Do not trust positive ratings. Scammers frequently post their own positive reviews to look legitimate.

Verdict

Our verdict is to block Sinox FX. It appears to be a scam. Save your funds and find a regulated broker. Avoid sinoxfx.com at all costs.