Forsdex.com has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to FXPremiere. We’ve received over 4 complaints against Forsdex.com.
Forsdex.com is an unregulated, risky place to spend that is known for having high fees, bad customer service, making false claims, and fake endorsements from famous people. It holds on to money, makes transfers harder, and isn’t clear, which makes users very worried about their safety. Stay away from Forsdex.com and tell the police about any strange behavior you see.
Get Your Money Back From These Scammers!
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Key Takeaways
Is Forsdex.com Regulated? Do They Have a License?
Forsdex.com is an unregulated investment site, which means that financial authorities don’t keep an eye on it. The fact that there are no rules is a big red flag. Licensed platforms have to follow strict rules set by the law to keep users’ money safe and make sure they are open and responsible. Without this kind of control,
Another big problem with Forsdex.com is that it charges a lot of money for things that aren’t necessary. Users have said that the site charges ridiculously high fees and commissions that aren’t always made clear at the start. This lack of clarity in the fee structure is dishonest because it keeps users from knowing how much it really costs to use the platform. Forsdex.com has also been blamed for adding new rules and fees that weren’t in the original deal, which made the withdrawal process harder.
These unplanned costs can add up quickly, destroying users’ investments and making it hard for them to get to their money.
The lack of regulation or the presence of poor regulation is a huge red flag. It means Forsdex.com is a scam and most likely, an illegal operation.
Forsdex.com is not required to follow these rules, which leaves investors open to fraud and possible loss of money. Because it’s not regulated, there are no protections in place to keep people safe, making it a very dangerous place to be.
Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.
That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.
In the case of Forsdex.com, victims have nowhere to go due to the absence of a watchdog or license.
You should ask yourself the following questions when you come across a new investment firm or opportunity:
- Does the investment provider maintain transparency about its CEO?
- Do they have a license from a renowned regulatory authority?
- If the need arises, can I reach out to an authority to report this company as a scam?
Concerning Issues Present at Forsdex.com
Forsdex.com is known for having bad contact and customer service that doesn’t respond. Many users have said that customer service is almost nonexistent after they send money. Users can’t fix problems or get their money back because there isn’t enough help. Any real financial platform needs to be able to communicate clearly and provide quick customer service. Forsdex.com does not have these features, which is another sign that it is not real. Users feel frustrated and useless because they can’t get answers or help when they need it.
Forsdex.com uses many sneaky tricks to get people to sign up, like saying they will give away free cryptocurrency and give out huge profits. A lot of the time, the site uses fake endorsements from famous people. These endorsements are fakes made with AI deep fakes and stolen media, giving people a false sense of trust and authority.
By using the fame of these celebrities to boost its own credibility, Forsdex.com tricks people into thinking that the platform is reliable and believable, when it is actually not.
However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.
They might give you multiple reasons including:
- A technical error
- A glitch in their system
- Banking issues
- A “hacking attack”
And many others.
But in 9/10 cases, the scammers stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.
If you want to get your money back from a scammer, you’d need to file a chargeback.
Forsdex.com Customer Service: Do They Handle Complaints Well?
One of the scariest things about Forsdex.com is that it keeps money from customers. Some users have said that the platform stops transfers and demands endless extra payments before going away. This method is a clear sign of scam, since real platforms don’t keep users’ money or demand constant payments.
These worries are made worse by the fact that it’s not clear who runs Forsdex.com. This makes people seriously worry about the safety of their money and personal information. Users are in a dangerous situation because they can’t get to their money and don’t know who has access to their financial information.
When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.
In the beginning, scammers tend to remain very accessible.
This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.
However, they do all this just to win your trust.
Scammers understand that to convince someone to give them a large sum, they will need to seem like a friend.
Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.
All of a sudden, their numbers would either stop responding or become unavailable.
Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.
However, in the end, customer support won’t resolve your issues and become increasingly unavailable.
If you have information on a scam or criminal operation, you can get access to 40+ investigative journalists & news outlets for free. Send us a detailed report here and if you qualify, we will forward your case ahead.
Forsdex.com Reviews: What Do Others Say?
A lot of websites and groups have posted negative reviews about Forsdex.com and told people to stay away from it. Warnings like these make it clear that the platform is fake and that using it comes with big risks. These stories are meant to keep people from falling for the scam at Forsdex.com by pointing out the red flags and dishonest things the site does.
Users are told to pay attention to these warnings and be careful when using investment sites they don’t know much about or that aren’t regulated.
It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.
Scammers like Forsdex.com tend to purchase fake reviews for their online profiles to make themselves seem more credible.
TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.
That’s why you shouldn’t trust Forsdex.com reviews easily.
It’s easy to identify fake reviews as well. You should look out for 5-star reviews posted by temporary accounts (profiles that only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.
In the case of Forsdex.com, chances are, you wouldn’t find many legitimate reviews.
Another prominent way scammers like Forsdex.com enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.
This way, when you’ll look up “Forsdex.com reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising Forsdex.com.
You should always look out for consumer complaints. In the case of Forsdex.com, the most common complaints I found were about:
- Poor customer support
- Delays in payments
- High fees
- Lack of transparency regarding their leadership team
- Aggressive sales staff
Do you have a similar complaint about Forsdex.com? You can share your complaint in the comment section or submit an anonymous tip.
Is Forsdex.com Legit Or a Scam?
Forsdex.com is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.
The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind Forsdex.com can run away with your money without any prior notice. It would help if you were extremely cautious when dealing with an unregulated service provider.
The absence of a watchdog also means you cannot report to them to anyone.
Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.
Can You Trust Forsdex.com?
All the evidence suggests that Forsdex.com is a scam. If you have lost money to them, there is still a chance you can get it back.
To recover your funds, you’d need to file a chargeback.
Frequently Asked Questions
Is Forsdex.com a scam?
Can I withdraw money from Forsdex.com?
Where is Forsdex.com Located?
How do I get my money back from Forsdex.com?
How The Forsdex.com Online Scam Works
Intelligence Commissioner investigates & reviews online money-making opportunities. We strive to provide critically helpful information to our readers and assist them in identifying scams. 
