Warning: Is Entrixbit a Scam?

Investigation: Entrixbit (entrixbit.com)

Be careful of Entrixbit (entrixbit.com); it shows many signs of a scam.

Entrixbit appears to be a financial firm, but it appears currently unregulated by any credible authority, like the ASIC or CySEC.

Cannot Withdraw from Entrixbit?

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Is Entrixbit Safe?

Our investigation reveals that Entrixbit does not hold a valid license.

Investing with unlicensed entities is extremely dangerous. Legitimate firms are must be authorized with bodies like the FINRA or FCA to ensure consumer safety.

Entrixbit lacks this supervision. As a result, there is no safety net if they withhold your funds. Most investment fraud involve unlicensed actors, and getting back money from them is hard without professional assistance.

For instance, in Europe, unlicensed firms are not covered by the compensation schemes. In the US, they are not part of SIPC, so your money is at risk.

How Entrixbit Might Scam You

Investment fraud is getting smarter. Scammers use psychological tricks to steal wealth. Here are typical tactics used by brokers like Entrixbit (entrixbit.com).

Dating App Scams

The "Romance Scam" is a common tactic where scammers build trust over weeks. They fake a relationship on social media. Eventually, they introduce a "lucrative" investment. It's a trap to lure you onto a fake platform .

Rigged Platforms

Fraudsters create websites that mimic real trading apps. They have charts and profits that increase. But it is a fake. The scammer controls the prices to convince you to deposit more. When you try to withdraw, the "profits" disappear.

Red Flags

• Cold Calling: You get calls from "brokers" you don't know.
• No License: The company has no legal registration.
• Guaranteed Profits: They guarantee 1% daily returns with no risk.
• Cannot Withdraw: You cannot get your money out. They demand "tax fees" before releasing funds.
• Pressure Tactics: Agents push you to deposit more.

Ignore positive ratings. Scammers frequently post their own 5-star comments to appear real.

Verdict

Entrixbit is unsafe. It appears to be a scam. Protect your money and find a regulated broker. Avoid entrixbit.com at all costs.