Caution! Keoxer Trader is an offshore company! Your funds may be at risk.
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Keoxer Trader Key Facts
🔴 Keoxer Trader offers fraudulent products. A scam sign!
🔴 Keoxer Trader presents fake legal information. Red flag!
🔴 Keoxer Trader is a clone firm. Red flag!
🔴 Keoxer Trader creates unrealistic expectations. A disturbing sign!
Keoxer Trader products and services
Keoxer Trader is a fishy broker and a clone firm, meaning that they abuse the name of a duly registered company. They offer managed accounts that allegedly bring a guaranteed profit of 1.5-5% per day. That’s impossible because the FX or any other CFD market cannot guarantee anything, except for risk and uncertainty.
Traders and investors should stay away from HYIPs. It stands for High-Yield Investment Program, which is considered a type of Ponzi scheme promising impossible return on investments. It’s perfectly in line with the scammers’ practices who create unrealistic expectations to entice people into their crooked games. The legit and trustworthy companies can’t in any way secure more than a few per cent gain annually, let alone per day. Judging by the products and services offered, this business is most probably a scam, so beware.
Keoxer Trader company and regulation
Keoxer Trader LTD is allegedly a UK company, but that’s falsehood. There is no such company in existence. In fact, they forged an incorporation certificate abusing the credentials of a duly registered company. Keoxer Trader is a scam, so make sure to stay away from this fishy business. Read on to see why you should avoid HYIPs and what makes regulation so important.
HYIPs are unlicensed and unregulated, meaning that the people standing behind are not abiding by the laws. The absence of regulation makes it possible to conduct illicit activities, and it’s not surprising that most of the HYIPs are pure scam. The Internet is bustling with shady investment businesses selling hefty deals, so be cautious when you see an offer that sounds too good to be true.
The regulation is crucial because the financial authorities impose strict requirements ensuring customer protection, but also push scammers away. However, the US regulation is quite complex, and there are many agencies taking care to supervise the market such as SEC, NFA and CFTC, to name a few of them. The license in the US is costly, the FX broker and some investment companies have to provide 20 million paid-up capital to become authorised financial services companies. Also, the majority have to keep clients’ funds in segregated accounts, which guarantees that the money is only used for trading and investments and not for covering daily expenses.
There are also many reporting and auditing requirements the financial businesses have to follow. The different regulators impose different rules, but transparency is of utmost importance. Bear in mind that the financial market in the US is very complicated, so make sure to be up-to-date with the latest changes in the regulatory framework. HYIPs are shady businesses not abiding by the law, so make up your mind.
Keoxer Trader address and contacts
Keoxer Trader doesn’t reveal their actual address and contact numbers, which is natural for scammers. Those people are criminals and need to remain anonymous because if caught, they may spend some time in prison.
Transparency is critically important when it comes to investing. The financial authorities around the world are very strict about transparency because it helps fighting scammers. Transparent businesses are less likely to engage in fraud because it would quickly become evident and they would suffer severe penalties as a consequence. The regulated financial companies are compelled to provide the public with their basic corporate information including addresses, contacts and license numbers. This rule is implemented to make it easy for traders and investors to verify that they are dealing with a legit company. It’s most probably a scam if you can’t validate the company’s legitimacy or they are hiding their addresses and contact numbers.
KeoxerTrader.com website info
KeoxerTrader.com is a domain registered on the 15th of March 2021, so it’s less than two weeks old at the time of writing. It’s on an IP address in Russia:220.127.116.11, currently co-hosting 2 other websites, which are not accessible.
KeoxerTrader.com’s Alexa ranking is shockingly high given that it’s a clone firm and a scam. On the 26th of March 2021, they rank at 1 219 044, so probably there are people who’ve already been scammed. Beware and stay away from this scam scheme.
The people running HYIPs are experts at using social media, and they lure people by creating the impression that the schemes are legit and trustworthy. But it’s still a shady business and a scam. The con artists will sometimes operate in a pool, maintaining fraudulent payment systems, creating webpages of fake regulators, abusing genuine companies’ names, etc.
Many of the HYIP schemes operate precisely as a Ponzi because many investors can actually withdraw and get money, but in the end, the service will inevitably close and people would be left with losses almost impossible to recover. There are so many of these that some scholars and policy-makers even came up with the term Ponzimonium to emphasise that scam is excessively widespread today.
An example of an HYIP scam is OSGold, which is believed to be a $250 million scam. It was introduced as e-gold imitator providing guaranteed monthly returns of 30 to 45 per cent, and it’s reported that they operated 60 000 accounts at its peak. HYIPs are dangerous, so stay away from these programmes.