OnexTron review – is onextron.com a scam or safe?

OnexTron review – is onextron.com a scam or safe?

OnexTron Key Features

🔴 OnexTron services are not trustworthy – a warning sign!

🔴 OnexTron has no license and does not mention regulation – a red flag!

🔴 OnexTron provides us with none of its contact information – a red flag!

🔴 OnexTron creates irrational expectations – a red flag!

OnexTron Products and Services

OnexTron offers access to many investment plans with the Tron crypto asset. Here is what some of them look like:

OnexTron states that by staking in the TRX asset with it, it is possible to achieve said return rates. However, we would like to suggest something else. The company is running a scam – and relying on the general lack of knowledge of crypto assets what they are capable of to run said scam. You see, there is no way for anyone to achieve return rates as high as 1.7% daily – and the amounts OnexTron promises get much higher than that.

You should consider two questions before investing with a firm like OnexTron – firstly, how would it guarantee your profits? Even though staking, these plans suppose the price of the TRX asset rising by at least 50% in a month. This is not a realistic model. Secondly, you need to ask yourself why the people behind OnexTron would ever need your money? Surely it would be more convenient and cheaper for them to deposit using their own funds instead! The fact these two questions cannot be answered about OnexTron means we are dealing with a HYIP scam.

HYIP stands for High-Yield Investment Programme and these businesses usually promise higher ROIs (return on investment) than usual. In some cases, the offers are just ridiculous- up to hundreds and thousands of percentages per day, which certainly can’t happen. To draw a comparison, even the wealthiest banks or investment funds are not capable of delivering more than 10% per year, let alone per day or week. Therefore, the products and services assessment suggests that you’ll be at risk if you deposit.

That being so, it’s worth considering trendy alternatives that can help you build an extra income, such as Forex brokers PAMM managed accounts, social trading or crypto services that may as well fulfil your investment needs. For example, many cryptocurrency exchanges already provide passive income opportunities like BTC and ETH staking but make sure to subscribe to well-known, proven networks.

OnexTron Company and Regulation

OnexTron is not only unlicensed – it does not even mention regulation on its website. This is incredibly alarming – and it means the company is definitely up to no good! The only way you can know for sure you are not dealing with scammers is by making sure the companies you invest with are licensed!

The lack of regulation implies that the people operating this HYIP are working unchecked, meaning they can misuse or misappropriate your funds, eventually bearing no responsibility for their actions. To draw a distinction, regulated investment companies are forced by law to follow certain rules that guarantee the safety of clients’ funds. For example, to get a license, a firm should meet minimum capital requirements that vary from country to country and may also depend on the product specification as there are many types of investments possible- stocks, bonds, mutual funds, banking products, fixed-income, retirements and so on.

In the US, the minimum capital requirement is 20 million USD, which happens to be among the heftiest in the world. Other than that, US financial services companies are also required to keep accounts segregated, thus ensuring that clients’ money can’t be exposed to unnecessary risks or stolen. However, it’s worth noting that the US regulatory framework is very complex as there are numerous financial authorities, among which NFA, CFTC and SEC, to name a few, and all of these monitor companies in one way or another. The US markets may be tricky for the ordinary investor, so make sure to acquaint yourself with the environment before you’ve wasted money on potential scams like the one under review. And you’d better avoid unregulated investment businesses at all times.

OnexTron Address and Contacts

Address:N/A
Phone number:N/A
E-mail:[email protected]

OnexTron has none of its contact information available online except for an email. Gmail is hardly a professional extension for an investment company claiming to be as big as OnexTron, though, isn’t it?

When it comes to investing, transparency is crucial as you should know who’s running the investment and where your money actually is. Legit firms always operate transparently and are bound by law to provide the public with basic corporate information, including addresses, contacts and legal documents disclosing all provisions related to the service. And our experience shows that it’s most probably a scam if you can’t reach anyone over the phone given, can’t validate the addresses or can’t in any other way prove that the investment provider has the authorisation to offer financial products.

Onextron.com Website Info

SimilarWeb RankingNone at the time of writing
IP1
Server Country USA
WHOIS Reg. Date2022-01-14
RegistrarNAMECHEAP INC
SSL certificateValid
OwnerRedacted for Privacy
AdministratorRedacted for Privacy

Is OnexTron Safe?

OnexTron is nothing remotely close to a safe company. Stay away from scams like it and make sure you are investing with legitimate firms instead!

Scam Warning

Dealing with HYIPs and other unregulated investment providers is not recommended for many reasons. Above all, the absence of regulation strongly suggests a scam as only regulated firms are authorised to provide investment services. As you probably guess, scams can’t flourish in a strong regulatory environment, so you’d better think twice before you’ve deposited with unregulated investment schemes.

The authorisation is only granted when the firm complies with the requirements and standards, which guides how the entities should treat you as a customer and what sort of information they should give you. Each country’s regulator maintains a register of licensed firms and the investment services that each licensee is authorised to provide. On the other hand, unauthorised firms aim to avoid complying with the controls that legal, authorised entities are subject to, thus leaving investors entirely unprotected. Needless to say, scammers want to get you totally unprotected, and that’s why they always work without a license.

As for HYIPs themselves, many of these schemes operate precisely as a Ponzi because many investors can actually withdraw initially, but sooner or later, the service will inevitably close. HYIPs usually target traders and investors with little or no experience by promising fictitious investment opportunities said to deliver unrealistically lucrative gains. 10% or 100% per day certainly isn’t a legit offer.

4 Comments

  1. هیچ برگشتی نداره من کنارکشیدم چندروزه برگشتی ندیدم هنوزجوابگوهم نیستن

    1. Onextron is a pure scam. On have invested on their both platforms. I didn’t get even one day of paiement. You cannot even discuss with them. The worst Ponzi platform available on the net.

  2. Hello. I have been requesting withdrawals for several days, but unfortunately my daily profit has not been transferred to my account !!!!
    They do not have a phone number and email is not responsive.
    I do not know what to do?

  3. Hello in my account I could not even make a withdrawal despite having deposited some trx
    ————————-
    Buongiorno nel mio account non ho potuto fare neanche un prelievo nonostante ho depositato un po’ di trx

Share your experience with OnexTron and get help to recover your deposit

Your email address will not be published. Required fields are marked *