✔️ Information reviewed and updated in September 2024 by Pedro Martínez González
In this section we will tell you if we consider that the company FinnexBot is a safe company or an untrustworthy company. Read our full analysis to find out everything!
We analyze the website, observe every detail and 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...
Below we will show you essential information about FinnexBot and we will tell you why we came to such a conclusion:
Basic Information
| 🌐 Website | finnexbot.com |
| 🏠 Company | Does not mention it |
| ️ Regulatory | Not regulated |
| [email protected] | |
| 📈 Continental | Web trader |
| 📌 Address | Does not mention it |
| 🕑 Website age | Website registered on: February 20, 2023 |
| ❓ Company type | Cryptocurrency forex, commodities, stocks and indices broker |
Company: FinnexBot does not mention which company it belongs to. Be very careful, we noticed a clear lack of transparency.
Location: FinnexBot does not mention where it is located, trusting a company that does not mention where it is located is very dangerous, please be careful.
We can already tell you that we are concerned about several characteristics of this company.
What is FinnexBot?
After having carried out an analysis of the company's website, we can say that FinnexBot is a forex cryptocurrency, commodities, stocks and indices broker.
Account types
The platform offers 5 different account types:
| ACCOUNT TYPE | MINIMUM INITIAL DEPOSIT |
|---|---|
| Silver | €5,000 |
| Gold | €10,000 |
| Platinum | €25,000 |
| VIP | €100,000 |
| Diamond | €250,000 |
Information on the web
Here we show you a screenshot of the FinnexBot website, which is finnexbot.com. The capture was made in November of 2023.
Contact: phone numbers and email
After having performed an analysis of the website:
– We have found the following phone number: +41317776133 | +442036089183
– We have found the following email: [email protected]
FinnexBot Regulation
We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:
Option 1) (use this option when the company does not mention absolutely anything about its regulation) The broker presents us with a very worrying situation; It mentions absolutely nothing about its regulation. What does this make us think? We are talking about an unregulated broker. What does it mean? This means that the broker's clients and all their money are without any type of protection. That is to say, if the broker has bad intentions, most likely you will not be able to do anything to recover your money. Please be very careful with these types of companies. Think carefully before sending money, you are sending it to a company without any type of regulation or protection!
🚫 Final rating of FinnexBot 🚫
As you can see, we have carried out a detailed and complete analysis of the most important features of FinnexBot and we have reached the following conclusions about this company:
Location: It is not mentioned where it is located.
Regulatory: They do not mention anything about its regulation, that is to say: we are talking about an unregulated company with a notable lack of clarity and seriousness.
In addition to this the company has pyramidal characteristics, please be careful.
Please remember that the company has been reported by different financial regulators (in this case BaFin, the German regulator). Use EXTREME CAUTION.
This company does not mention which company it is part of, please be careful, there is a clear lack of seriousness and transparency.
It is essential to highlight that the company has several critical deficiencies that pose a significant risk to potential investors. Firstly, the total lack of information about its regulation indicates that we are dealing with an unregulated entity, which implies an absence of supervision and guarantees for clients. This lack of clarity and seriousness in regulatory matters is reason enough to exercise extreme caution when considering any type of financial association with this company.
Additionally, the presence of pyramidal characteristics is an extremely worrying aspect. Pyramid schemes often lead to significant financial losses for participants, as the sustainability of such structures is inherently questionable. Therefore, it is strongly advised to avoid getting involved with companies that exhibit these types of characteristics, as the risk of suffering substantial losses is considerable.
It is crucial to note that the company has been the subject of complaints from financial regulators, such as BaFin, the German regulator. These allegations reinforce the company's lack of integrity and regulatory compliance, which should be reason enough to exercise extreme caution. The absence of information on the company's affiliation with any recognized entity also reveals a lack of seriousness and transparency, underscoring the need to exercise caution when considering any financial relationship with this entity. In summary, it is recommended to avoid this company and explore more reliable and transparent alternatives in the financial market.
Updates
News about FinnexBot:
| Date | Update – news |
|---|---|
| November 2023 | Complaint against FinnexBot BaFin financial regulator |
| February 2024 | Complaint against FinnexBot financial regulator FCA |
| February 2024 | Complaint against FinnexBot financial regulator FMA |
We note that the company already has complaints from financial regulators. Please be very careful!
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with FinnexBot.
At the end of the review you will find customer comments.
How to Claim Money Scammed by FinnexBot
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 FinnexBot
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
Are there (recommended) alternatives to FinnexBot?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
How can I report FinnexBot?
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 FinnexBot reliable?
No, FinnexBot is not trustworthy and its use as an investment platform is discouraged. The company presents multiple signs of lack of transparency and possible questionable practices that could put users' investments at risk. Here are some reasons to be cautious:
Lack of Regulatory Information: FinnexBot does not provide clear details about its regulation. The absence of regulatory oversight increases the risk of trading with the platform, as there is no guarantee that it meets the ethical and legal standards set by financial authorities.
Indications of Pyramidal Characteristics: There are signs suggesting that FinnexBot could have pyramidal characteristics. Pyramid schemes are risky financial structures that often lead to losses for investors. It is essential to avoid participating in companies that exhibit these types of characteristics.
Complaints from Financial Regulators: The company has been reported by financial regulators, indicating possible violations of financial regulations. This fact should be a cause for concern as it could result in negative consequences for those who invest in the platform.
Lack of Transparency in Membership: FinnexBot does not disclose information about its affiliation with other business entities. The lack of transparency about the company's structure and business relationships raises questions about its integrity and commitment to honesty.
How to recover money from FinnexBot?
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.
This company does not pay. I assure you, I'm still trying to withdraw and I can't, don't do it, you'll thank me later. Greetings.
Hi Carlos, thanks for writing about FinnexBot. Currently this broker is considered a SCAM.
If you are a client, do not invest more money, their only objective is to steal from you, they manipulate operations manually and keep the money from the moment it reaches their accounts, it never enters the market, everything is prepared so that they make you lose your money to have the excuse of keeping it.
If you decide to withdraw and they ask you for a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it!, that is the alert, from that moment you have to know that you are a client of a scam broker and even if you pay they will never return it to you.
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 fill out the form in this link: CLAIM YOUR MONEY
Greetings.