1. General Information About Paxzit broker
Paxzit broker (paxzit.com) markets itself as crypto and forex provider. Their website shows trading signals and profit calculators. Trustpilot rating is only one review rated 1 star. ScamAdviser assigns a very low trust score to Paxzit. Limited contact details and anonymous ownership raise alarm.
2. Claimed Licenses and Regulation
Paxzit broker claims US-based regulation and oversight. No registration appears in NFA or SEC databases. It holds no FCA, ASIC or CySEC approval. Alertopedia confirms it lacks any top-tier licensing.
3. Trading Conditions
They advertise one-click trading, fast returns and signals. Still they reveal no details about fees or spreads. Minimum deposit and leverage info remain undisclosed. Withdrawal terms seem hidden behind bonus conditions.
4. Trading Platform and Technology
Paxzit uses a custom web platform with unknown backend. No independent audits or trading crawler info exist. Interface shows inflated profits and misleading equity values. Fake dashboards likely aim to deceive clients.
5. Client Reviews and Feedback
Only review shows broker caused a total fund loss. Online forums report inability to withdraw larger sums.
Many users cite fake signals and manipulated results. No credible testimonial supports Paxzit legitimacy.
6. Potential Scam Strategies
They lure clients with small initial profits. Then they deny larger withdrawal requests citing fees. They push clients to deposit more funds immediately. Fake dashboards manipulate perceived success to trap users.
7. Expert Opinion
BrokersView labels Paxzit as scam and unsafe platform. TheSafetyReviewer underscores absence of regulation and transparency. ScamAdviser highlights high risk and no trust indicators. Combined factors strongly suggest broker is fraudulent.
8. Conclusion
Paxzit broker shows multiple critical warning signs. It lacks proper licensing and hides its ownership information. Clients face fake profits, withdrawal denial, and high pressure. We strongly recommend avoiding this broker entirely. Only consider brokers regulated by FCA, CySEC or ASIC.
