Warning: Is Sinox FX a Scam?

Is Sinox FX (sinoxfx.com) a Scam?

Our team warn you to stay away from Sinox FX (sinoxfx.com).

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 claims to be a financial provider, but it appears currently illegal by any credible financial regulator.

Victim of Sinox FX?

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Can You Trust Sinox FX?

Sinox FX operates without regulation.

Trading with unregulated brokers is highly unsafe. Real firms are always authorized with bodies like the FCA, CySEC, or CFTC for your protection.

Sinox FX operates without this supervision. This means there is no safety net if they steal your funds. Most investment fraud involve unlicensed actors, and recovering funds from them is challenging without expert help.

For example, in Europe, unlicensed firms are not covered by the Financial Ombudsman. In America, they are not members of regulatory bodies, meaning your capital is at risk.

How Sinox FX Might Scam You

Online trading fraud is evolving. Criminals use social engineering to steal your savings. Below are typical methods used by brokers like Sinox FX (sinoxfx.com).

Pig Butchering & Romance Scams

The "Romance Scam" is a brutal tactic where scammers build trust over months. They fake a relationship online. Once trust is built, they mention a "lucrative" crypto opportunity. It is a lie to lure you onto a fake platform .

The "Bonus" Trap

Scammers create websites that mimic real trading apps. You see graphs and profits that go up. But it is a game. The broker manipulates the prices to make you feel rich so you invest more. If you ask for a payout, the "profits" disappear.

Red Flags

• Cold Calling: They call you from "brokers" you don't know.
• No License: The company lacks legal registration.
• High Returns: They promise 1% daily returns or risk-free trades.
• Cannot Withdraw: They refuse withdrawals. They demand "tax fees" before releasing funds.
• Aggressive Sales: Agents push you to invest bigger amounts.

Do not trust positive ratings. Fraudulent brokers frequently write their own positive comments to appear real.

Conclusion

Our verdict is to avoid Sinox FX. It appears to be a scam. Protect your money and find a licensed broker. Avoid sinoxfx.com at all costs.