Mexon Investments Review: Scam Or Legit? | Find Out Here 2024

Mexon Investments Review: Scam Or Legit? | Find Out Here 2024
Earn your financial freedom with a regulated broker
Is Mexon Investments a scam? Are they legit? Find the answers to all these questions and more in this guide.
Summary

Mexon Investments has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to BSStcc. We’ve received over 6 complaints against Mexon Investments.

We suggest working with a trustworthy broker with specialized staff, latest tech and most importantly, customer-centric trading conditions. After reviewing 1000+ brokers, we rank the following company as the best:

1

Key Takeaways

Mexon Investments has several major red flags
Mexon Investments website owner is anonymous
Vague terms of service
2

Is Mexon Investments Regulated? Do They Have a License?

Mexon Investments has faced intense criticism due to a lack of effective regulation and transparency. One of the most concerning issues is the lack of clear information about their registration, contact information, and regulatory status on their website. This absence raises serious questions and undermines their trustworthiness.

Mexon Investments operates under near-complete secrecy, making it extremely difficult to verify their actual location, ownership details, or compliance with required licenses and regulatory norms. This lack of transparency raises a serious red flag. Furthermore, their website is packed with irrelevant material, which adds to the uncertainty rather than fostering trust. Because there is no governmental control, your funds may be at risk, and fair trading procedures cannot be guaranteed.

Mexon Investments homepage


The most significant issue is Mexon Investments’ absence of a current FX license. Without regulatory control, there is a high risk of losing investor funds with no hope of recovery. This alone makes Mexon Investments a dangerous investment. Furthermore, the Financial Conduct Authority (FCA) in the United Kingdom has issued a warning on Mexon Investments. The FCA highlighted the broker’s unlicensed status and deceptive statements, emphasizing the risks of investing with them.

The lack of regulation or the presence of poor regulation is a huge red flag. It means Mexon Investments might be a scam or most likely, an illegal operation.

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 Mexon Investments, 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?

3

Trading Conditions and Deposit/Withdrawal Methods at Mexon Investments

Mexon Investments’ trading platform is essentially non-existent, and its interface is outdated and unprofessional. The lack of professionalism is a huge issue. In comparison, MetaTrader (MT4 and MT5) and cTrader provide additional features, auto trading, configurable indicators, and mobile versions, which Mexon Investments does not.

Mexon Investments homepage


Mexon Investments demands a $100 minimum deposit for a Rookie account, $5,000 for a Standard account, $50,000 for an Advance account, and $100,000 for a Pool account. However, considering the multiple red flags raised, it is strongly advised that you avoid this transaction and do not risk any of your money with them. Furthermore, Mexon Investments does not disclose any information about the payment methods accepted for deposits and withdrawals.

This lack of transparency is a big worry for traders who require clear and easily accessible information to handle their financial activities.

Mexon Investments claims to offer trading in a wide range of assets, including forex, stocks, and cryptocurrency. However, the broker lacks a functional platform, which is another deceptive promise. This disparity significantly erodes their trust.

Furthermore, Mexon Investments does not provide clear information about the spreads it offers. Spreads are important for traders because they influence the cost of trading; without this information, traders cannot effectively analyze the possible costs and benefits of using the platform.

Similarly, Mexon Investments does not provide any data or information on the leverage they offer. This lack of transparency is a major worry for traders because leverage is an important part of trading that can significantly effect risk management and trading tactics. Our inquiry also uncovered a paucity of detailed information about Mexon Investments’ withdrawal fees and procedures. This lack of transparency raises concerns about potential hidden fees or difficult withdrawal procedures on the platform

However, it’s worth noting that many forex scams 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, shady forex brokers stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.

To avoid such scenarios, it’s best to work with a reliable and trusted broker.

4

Mexon Investments Customer Service: Do They Handle Complaints Well?

When it comes to forex brokers, you should only measure the quality of their customer service if they respond to your complaint.

In the beginning, shady brokers 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.

Shady brokers 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.

Join The Whistleblower Program

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.

5

Mexon Investments Reviews: What Do Others Say?

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.

Even if Mexon Investments might not be a scam, brokers like them rely on fake reviews to increase their credibility.

Mexon Investments homepage


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 the online Mexon Investments 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 Mexon Investments, chances are, you wouldn’t find many legitimate reviews.

Another prominent way brokers like Mexon Investments enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.

This way, when you’ll look up “Mexon Investments reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising Mexon Investments.

Mexon Investments reviews coverage


You should always look out for consumer complaints. In the case of Mexon Investments, 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 Mexon Investments? You can share your complaint in the comment section or submit an anonymous tip.

6

Is Mexon Investments Legit Or a Scam?

Your investments are too critical to trust an unregulated broker like Mexon Investments. Without adequate license and regulatory control, you run a substantial danger of losing your money with little chance of recovery. In conclusion, Mexon Investments raises multiple red flags, including the fact that it is unregulated, operates an anonymous website, has received an FCA warning, maintains non-transparent trading conditions, and lacks dependable trading software.

For a safer investment environment and better financial protection, look for alternative brokers who are fully regulated and use the MetaTrader platform. MetaTrader is a popular choice among traders because of its user-friendly design and solid features, which serve to both new and experienced traders. Choosing a broker with obvious regulatory compliance and transparency is always a safer method to secure your interests.

Mexon Investments 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 Mexon Investments 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 Mexon Investments?

All the evidence suggests that Mexon Investments might be a scam. You shouldn’t risk your funds with a broker you don’t fully trust.

That’s why we recommend working with a trusted broker. That way, you can avoid any hiccups and be certain of

7

Frequently Asked Questions

Is Mexon Investments a scam?

According to the online reviews of this company, it’s highly probable that Mexon Investments might be a scam. You should exercise caution when dealing with them.

What is the best alternative to Mexon Investments?

We recommend going with our recommended broker instead of Mexon Investments due to their higher experience and specialized technology.

Where is Mexon Investments Located?

There is no information available on the location of KEYWORD.

Are there any Mexon Investments complaints?

We’ve received a few Mexon Investments complaints from our readers. If you’ve had a negative experience, feel free to write down a comment below or contact us.
8

How Forex Scams Work

Launch a website/app with a generic name

A website or app with a generic name allows scammers to hide behind common Google search results. Marketing such names is easier as well.

Pay influencers & social media pages to promote the scheme

By getting influencers and social media pages to promote their brand, scammers make their shady company seem more legit than it actually is.

Send thousands of emails and make cold calls to potential victims

It’s common for scammers to buy the contact details of people and spam them through email, phone calls, social media messages and other means.

Make victims feel safe through “small wins”

Such small wins usually include a few payments transferred into the victim’s account. This makes them seem more legitimate.

Convince victims into investing large sums of money

Due to the small wins, the victim is now convinced that the company is legit. Now, the scammers try to manipulate the victim into giving them larger sums.

Disable withdrawals & take down the website/app

Once the scammers have recieved a signicant sum, they either stop responding or cite a technical error to freeze their victims’ funds.

Repeat the cycle

After making the money, the scam will shut down and the people running it will launch another and repeat the cycle.

If you’re looking to start trading, we suggest working with our recommended broker. We have reviewed 1000+ brokers and fintech firms and chosen them as our no. 1.
*Forex trading is subject to market risk.
Mexon Investments Review: Scam Or Legit? | Find Out Here 2024
Mexon Investments Review: Scam Or Legit? | Find Out Here 2024

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