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

In this section we will tell you if we consider that the company PhoenixFireFx is a safe company or an unreliable 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 PhoenixFireFx and we will tell you why we came to such a conclusion:

Basic Information

🌐 Websitephoenixfirefx.net
🏠 Company*It doesn't mention which company it belongs to.
RegulatoryDoes not mention if it is regulated
📧 Email[email protected]
📈 PlataformOwn platform
📌 AddressMentions being located at 22 Bishopsgate, London EC2N 4BQ, United Kingdom
🕑 Website ageWebsite registered on: 2024-01-23
Company typeCryptocurrency, forex and binary options broker

Company: ⚠️ PhoenixFireFx does not mention which company it belongs to. Be very careful, we noticed a clear lack of transparency.

Location: ⚠️The company mentions being located in the United Kingdom, but we believe this is false information.

We can already tell you that we are concerned about several characteristics of this company.

What is PhoenixFireFx?

After having carried out an analysis of the company's website, we can say that PhoenixFireFx is a: cryptocurrency, forex and binary options broker.

Account types

types of accountsMINIMUM INITIAL DEPOSIT
SILVER  $1000.00
GOLD $2500.00
PREMIUM $3500.00

Information on the web

Web page

Here we show you a screenshot of the PhoenixFireFx website, which is phoenixfirefx.net. The capture was made in May 2024.

Contact: phone numbers and email

After having performed an analysis of the website:

– We have found the following phone number: it does not mention your phone number.

– We have found the following email: [email protected]

*PhoenixFireFx Regulation

We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion :

The broker presents us with a very worrying situation; he mentions absolutely nothing about regulating it. What does this make us think? We are talking about an unregulated broker. What does this imply? It means that customers and their money lack any type of protection. If the broker has malicious intentions, it is very likely that you will not be able to recover your money. We recommend you be extremely cautious with these types of companies. Think carefully before sending money, as you would be trusting a company without any regulation or protection!

🚫 PhoenixFireFx Final Rating 🚫

As you can see, we have carried out a detailed and complete analysis of the most important characteristics of PhoenixFireFx and we have reached the following conclusions about this company:

Location: It claims to be located in a place considered safe like the United Kingdom, but we believe this information is false and intended to deceive customers.

Regulatory: They do not mention anything about their regulation, which indicates that it is an unregulated company with a notable lack of clarity and seriousness.

Remember that this company has been reported by several financial regulators, including the UK regulator, the FCA. Have 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.

This company offers profits of up to $32,450.00 and more for future investors. This is extremely suspicious.

PhoenixFireFx presents itself as a broker specialized in cryptocurrencies, forex and binary options. However, it claims to be located in the United Kingdom, a fact that we believe is false and used to mislead customers about its credibility. The lack of information about their regulation is worrying, since there is no evidence that they operate under the supervision of any official entity. This suggests that PhoenixFireFx is an unregulated company, leaving its clients and their money completely unprotected.

Additionally, it is important to note that PhoenixFireFx has been reported by several financial regulators, including the UK FCA. The company does not reveal which entity it belongs to, which shows an alarming lack of transparency and seriousness. As if that were not enough, PhoenixFireFx promises profits of up to $32,450.00 and more for future investors, which is extremely suspicious and probably unrealistic.

🚨🚨 Conclusion: for the reasons mentioned our conclusion is that it is a very unserious and very unsafe company. We recommend taking extreme caution before considering any type of business relationship with this company. 🚨🚨

Updates

PhoenixFireFx News:

Date Update – news
November 2023Complaint against PhoenixFireFx financial regulator FCA

We note that the company already has complaints from financial regulators. Please be very careful!

User Reviews

[democracy id = ”8921 ″]

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

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


How to Claim Money Scammed by PhoenixFireFx

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 PhoenixFireFx

If you are dissatisfied with the service provided by the company and wish to report it, please review the FAQ section below to find the best way to proceed.

FAQs

Are there (recommended) alternatives to PhoenixFireFx?

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 PhoenixFireFx?

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 PhoenixFireFx reliable?

No. PhoenixFireFx is not reliable, it is a very unsafe company: this broker presents itself as being located in the United Kingdom, which appears to be false information. At the moment we have not found data on its regulation, so we believe that it is not regulated. In addition to offering great profits, there is a complaint from the regulator CNMV, National Securities Market Commission.

How to recover money from PhoenixFireFx?

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.

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.

2 comments on «PhoenixFireFx: opinion and comments – Is it a scam?»

  1. Matias Reply

    This company is not trustworthy. I assure you, I'm still trying to withdraw and I can't, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hello Matías, thank you for writing about PhoenixFireFx. 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.

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