Warning: Is Eruxtrade a Scam?

Eruxtrade (eruxtrade.com) - Legit or Fraud?

Our analysts strongly advise you to avoid Eruxtrade (eruxtrade.com).

Eruxtrade claims to be a trading platform, but it appears currently not authorized by any credible authority, like the ASIC or CySEC.

Money Stuck in Eruxtrade?

Are you unable to withdraw your investment from Eruxtrade? Submit the form below to talk to our investigative team for a free consultation.

Can You Trust Eruxtrade?

Our check confirms that Eruxtrade lacks a valid license.

Trading with unregulated entities is highly risky. Real firms are always licensed with bodies like the SEC, ASIC, or FCA for your protection.

Eruxtrade lacks this protection. As a result, there is no legal recourse if they keep your money. Most investment fraud use unlicensed actors, and recovering funds from them is hard without professional help.

For instance, in the UK, unlicensed firms are outside the jurisdiction of the compensation schemes. In America, they are not part of regulatory bodies, so your money is completely exposed.

How They Steal Money

Online trading fraud is evolving. Scammers use psychological tricks to take wealth. Here are common methods seen in brokers like Eruxtrade (eruxtrade.com).

Dating App Scams

"Pig Butchering" is a brutal method where scammers build trust over months. They fake a relationship online. Once trust is built, they introduce a special investment. It's a trap to lure you onto a fake platform .

The "Bonus" Trap

Scammers build websites that look exactly like real trading apps. You see graphs and balances that increase. But it is a simulation. The broker manipulates the prices to make you feel rich so you invest more. When you try to withdraw, the "profits" disappear.

Other Warning Signs

• Cold Calling: You get calls from "brokers" out of the blue.
• Unregulated: The firm lacks authorization.
• Guaranteed Profits: They guarantee huge profits or risk-free trades.
• Cannot Withdraw: You cannot get your money out. They ask for "tax fees" before releasing funds.
• Aggressive Sales: "Account managers" push you to invest bigger amounts.

Ignore fake reviews. Fraudulent brokers frequently write their own 5-star reviews to appear real.

Final Thoughts

We advise against Eruxtrade. It is likely a scam. Save your funds and use a regulated broker. Avoid eruxtrade.com at all costs.