PaxForex is an online broker that offers a wide range of tradable instruments across four account types. It is controlled and operated by Laino Group Limited, which is an offshore broker registered in Saint Vincent and the Grenadines. The company was started in the year 2011.
Is PaxForex Legit?
PaxForex is certainly not a legitimate entity. No solid information is available about its regulation by any of the financial regulatory body. Moreover, it is located in one of the offshore zones.
Is Recommended To Enter Into Business Transactions With PaxForex?
PaxForex is a big scam. There are many reviews alleging the company of stealing the people’s money and not performing the services for which they had made online payments. Hence, any kind of relationship and business transaction with the company is strictly not advisable.
What To Do If Your Money Has Been Stolen By PaxForex?
It is strictly advised not to entertain any kind of business proposition with PaxForex. However, if by any means you have been cheated and your money has been stolen by the company, the funds recovery companies listed with us can help to recover your lost money.