✔️ Information reviewed and updated in May 2024 by Pedro Martínez González

In this section we will tell you why You should NOT invest in Carax FX. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…

A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about Carax FX and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websitecaraxfx.com
🏠 Company*does not mention it
RegulatoryCNMV
📧 Email[email protected]
📈 LeadingCarax FX
📌 AddressItaly

⚠️ Carax FX does not mention who owns it, the company is located in Italy, dangerous for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. The company is located in a very unsafe place, be careful. ⚠️

Account types

Now we will analyze the types of accounts that Carax FX offers, in this case, we observe that it does not offer types of accounts.

Information on the web

Carax FX website

Carax FX provides a basic explanation about the financial products it offers, market news and analysis, live charts, really not much more than this.

List of phone numbers

At the moment we have not found phone numbers.

🚫 Final evaluation of Carax FX 🚫

Finally, and in a few words, our recommendation is: DO NOT INVEST WITH Carax FX.

As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.

In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!

Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.

Updates

News about Carax FX:

Date Update – news
July 2023Carax FX is linked to the broker TSA Forex, a broker with a bad reputation. WE SUGGEST CAUTION.

User Reviews

[democracy id = ”8110 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with Carax FX.

At the end of the review you will find customer comments.


How to Claim Money scammed by Carax FX

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report Carax FX

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

How can I report Carax FX?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is Carax FX a scam – is it a scam?

Yes. We believe that Carax FX is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.

Is Carax FX reliable?

No. Carax FX is not trustworthy, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.

How to recover money from Carax FX?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

Are there (recommended) alternatives to Carax FX?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

6 comments on «Is CaraxFX a scam? Opinions»

  1. Genesis Reply

    I've heard good things about them, but I don't want them to steal my money or scam me. Can you help me? Blessings.

    • Recommended-brokers.com Reply

      Hi Genesis, thanks for writing about Carax FX. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

  2. Alberto Reply

    Be careful, I have been scammed too and I am trying to get my money back. They have changed their name, now they are called CARAXFX, they are the same, be careful

    • Recommended-brokers.com Reply

      Hi Alberto, thanks for writing about Carax FX. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

    • Francisco Jose Reply

      Hello Alberto, I have also been scammed by them, could we talk and get in touch, please write to the forum

      • Recommended-brokers.com

        Hello Francisco Jose, thank you for writing about Carax FX. Currently this broker is considered a SCAM.

        If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

        If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

        To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

        If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

        Greetings.

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