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

In this section we will tell you if we consider that the company RETAILFX 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 RETAILFX and we will tell you why we came to such a conclusion:

Basic Information

🌐 Websiteretailfx.net
🏠 Company*Does not mention it
RegulatoryNot regulated
📧 Email [email protected]
📈 PlataformDoes not mention
📌 AddressJules Verne 7, Limassol 3071 Cyprus
🕑 Website ageWebsite registered on: April 26, 2022
Company typeRegistration Web Page // Customer Registration Website

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

Location: RETAILFX mentions being located in Cyprus, a location totally NOT RECOMMENDED. If you decide to trust a company based here you have to know that your money does not have any type of protection, it is very risky, please think twice before trusting this company.

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

What is RETAILFX?

After having carried out an analysis of the company's website, we can say that RETAILFX is a registration website // Customer registration website

Account types

The company does not provide information about having different types of accounts.

Information on the web

retailfx website

Here we show you a screenshot of the RETAILFX website, which is retailfx.net. The capture was made in NOVEMBER 2023.

Contact: phone numbers and email

After having performed an analysis of the website:

– We have found the following phone number: +35770088048

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

* RETAILFX regulation

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

It is basically a website used by different brokers or fraudulent investment companies to get new clients. They usually use aggressive advertising and assure great benefits without any risk. These types of companies do not require regulation like a broker would.

🚫 RETAILFX final valuation 🚫

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

Location: They mention being located in a VERY UNSAFE location

Regulatory: They do not mention anything about their regulation since they do not need it because they are not a broker, but in any case a company that does not have financial regulation to verify its transparency is dangerous.

It is necessary to highlight that this company has been flagged by financial regulators, including Cyprus' CYSEC, which indicates significant potential risks when considering any relationship with it.

RETAILFX operates as a customer registration website, but its history suggests connections with fraudulent brokers. The lack of transparency in its affiliation and the omission of regulatory information raise serious doubts about its integrity and seriousness as a financial entity.

Furthermore, their claim to be located in Cyprus, a location with questions in terms of financial security, coupled with the lack of regulatory clarity, suggests a high risk when considering transactions with this company.

Extreme caution is advised when interacting with RETAILFX due to its lack of transparency and potential associated financial risks.

🚨🚨 Conclusion: for the reasons mentioned our conclusion is that it is a very unserious and very unsafe company. Please think carefully if you want to send money to a company with these characteristics. 🚨🚨

Updates

News about RETAILFX:

Date Update – news
November 2023Complaint against RETAILFX CYSEC financial regulator

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

User Reviews

[democracy id = ”8966 ″]

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

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


How to Claim Money Scammed by RETAILFX

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 RETAILFX

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 RETAILFX?

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 RETAILFX?

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 RETAILFX trustworthy?

No. RETAILFX is not trustworthy, it is a very unsafe company: its location in Cyprus and its purpose of incorporating clients into fraudulent brokers is very dangerous for people. Your website is new and has no track record, does this generate trust in you? The company is linked to scam companies and has warnings from regulatory entities. BE VERY CAREFUL.

How to recover money from RETAILFX?

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 «Retailfx: OPINION AND COMMENTS – IS IT A SCAM?»

  1. Sofia Reply

    This company is a hoax. I don't get paid yet, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hi Sofia, thank you for writing about Retailfx. 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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