PolaxGroup says that it is ready to help users increase their capital. According to legend, the companies have already entrusted funds to 230,000 users. The daily number of transactions is 50,000. At the same time, the company does not disclose its experience in financial markets and does not provide a roadmap. However, we managed to find out this information thanks to a specialized whois service. The polaxgroup.com website has been officially operational since April 2023. It turns out that the statistics on the platform are fake. In the reviews that have just begun to appear, traders note financial extortion, denials of payments and unreasonable blocking of accounts.
The company offers for trading CFDs on Forex currency pairs, commodities, stocks, cryptocurrencies. The broker offers several tariff plans to choose from, the minimum deposit is $250. Main features: expert chart analysis, 24/7 support, leverage up to 1:25. Some tariffs additionally have zero commissions, insurance, no swaps, etc.
We did not find legal documents on the platform (certificate of incorporation, license). Not even document numbers are given. It is only known that the company is registered in Zurich, Switzerland.
We do not recommend registering on the PolaxGroup platform, this is a fake broker that circumvents international law and does not fulfill its obligations. We look forward to your honest feedback on cooperation with this company. Tell us what you think about Polax.
Polax – scam! With this company, you risk losing every last penny. The scammers first drew profitable transactions, and then, when I deposited a large amount on the balance, they blocked the account.
These are brazen scammers who use users to replenish their own wallet. If you want to make money in the financial markets, look for another broker.