In this review, we will describe why you should avoid Moxcoins.
Is Moxcoins Legit ?
Moxcoins is an unregulated Investment Company similar to cryptoblockcypher, which we reviewed earlier. Problem with unregulated Investment Companies is that they are not reliable and abuse the regulations. Make sure to stay away from this Investment Company as they are anonymous and that they can disappear any time without notice. Companies providing online investment services without a license cannot provide their clients with any sort of protection.
To make sure you are dealing with a regulated and known Investment Company, you should be able to find easily who is the CEO of this investment firm, who is running it etc. Lack of information is a big red flag since you don’t know who will be dealing with YOUR MONEY. This is the reason why Moxcoins is a dangerous Investment Company to deal with.
Are Funds Safe with Moxcoins ?
With such lack of information and Moxcoins being unregulated, funds are not safe. Security of funds is a huge problem with unregulated Investment Companies. A red flag that we noticed is Moxcoins is withholding vital information to users.
Moxcoins could go bankrupt from one day to another since there are no banking information about this Investment Company.
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Moxcoins Review: our Conclusion!
Moxcoins is an unregulated Investment Company to avoid at all cost. If you have been scammed, check out our ChargeBack process here or get a Free Consultation by a team of expert by clicking here.
Moxcoins Scam Review
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Website URL : www.moxcoins.com
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Regulation : Unregulated Investment Company
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Headquarters : N/A
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Minimum Deposit : N/A
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Investment Plan : N/A
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British Columbia Securities Commission Warned Against Moxcoins
Beware of Moxcoins’ ‘New User Members’s Deposit Benefit Day’ program. They offer it to new members but don’t disclose the details of the program. If you accept the offer, they “top up” your account with some money but then require you to add large amounts to your account. And if you don’t add the large sums to your account they seize your account and you loose everything. Very deceptive and poor business practices. Based out of Hong Kong.