Plexus Finance: former clients’ reviews about the company
Unique review of Plexus Finance
There is little information about Plexus Finance services on the internet, so it’s better to approach the choice of a broker carefully. Do not blindly trust everything written on the official website. It is important to gather your own information and conduct a thorough analysis to make the right decision.
General information about Plexus Finance
According to Plexus Finance, they have a team of over 300,000 traders who have chosen this platform for its high security standards, prompt order execution, low spreads, and no commissions. The total trading volume is $530 million. However, these figures should be viewed with some skepticism.
A domain registration check showed that it was registered in April 2022. Obviously, the company’s statistics raise some doubts.
Questions also arise regarding the contact details. To contact the broker’s technical support, an email and a phone number are provided, which is also listed on the Headley Capital platform. This firm has many negative reviews and is associated with financial fraud.
The platform lacks internal documents that could reveal the relationships between traders and management. It is unclear on what basis users can register on the site and how their finances are protected. Financial responsibility and guarantees remain doubtful.
Legal aspects
Plexus Finance claims to operate within the law and has a license from the FCA. Even their website has a tab with relevant information. However, trying to follow the link opens a document belonging to Investax Management LLP, which has no connection to Plexus Finance.
The Financial Conduct Authority’s website in the UK does list Plexus Finance, and the document number matches the one on the site. However, it quickly becomes apparent that the company does not have a real license; it simply stole data from a real company with a similar name.
Unauthorized actions are not limited to the home country – Plexus Finance also operates illegally in the Russian Federation, not complying with the requirements imposed on brokers in that country.
Offers for investors
The company promises an intuitive platform interface, regular updates, real-time price notifications, AI-based analysis, technical indicators, advanced charts, hedging opportunities, and risk management capabilities.
There is no detailed information on the initial deposit, spreads, leverage, or payment discipline. There is also no information on deposit/withdrawal conditions and available payment methods.
Reviews and recommendations
As Plexus Finance is a new player in the market, there are currently no reviews. However, more information about the company can be obtained from reviews of its predecessor, Headley Capital.
If you have dealt with Plexus Finance or have any information about them, please share your opinion. This will help other users avoid financial risks and protect their assets.
Financial fraud schemes
The creators of Plexus Finance are cunning scammers who refine their methods with each victim. They may try to lure a large sum at once or suggest installing AnyDesk to steal personal data and passwords.
A victim trader will face difficulties in proving the fraud, and turning to regulatory authorities will be futile. Plexus Finance will ignore both regulatory bodies and requests for help. All that remains is to hope that this company will eventually be blacklisted and unable to continue its scams.
Conclusion
Dealing with Plexus Finance is not recommended; it is a sham brokerage firm ready to swindle you out of a large sum! They use various tactics, but the outcome is always the same — your capital will be lost. The only way to avoid this is by avoiding registration on their platform and investing in their dubious financial projects.
Plexus Finance is a brokerage firm that has received mixed feedback from its previous clients, ranging from commendations for its professional services to criticisms about its customer service.