Company Overview
| Company Name: | Blue Onyx Trade Ltd |
| Website: | blueonyxtradeltd.com |
| Registered Country: | N/A |
| Regulation Status: | N/A |
| Operating Since: | N/A |
| Trading Platforms/Methods: | N/A |
| Leverage Offered: | N/A |
| Minimum Deposit/Deposit Bonus: | N/A |
| Available Assets to Trade: | N/A |
| Demo Account Availability: | N/A |
| Customer Support Contact Methods: | N/A |
Red Flags Indicating It is a Scam
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Lack of regulatory oversight raises significant concerns.
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Missing transparency regarding operational history and ownership.
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Negative user reviews and reports of withdrawal issues.
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Unrealistic promises of high returns on investments.
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Overall low trust scores from scam-checking platforms.
License and Regulatory Issues
After conducting a thorough search of regulatory databases, blueonyxtradeltd.com does not appear to be registered with any major financial authority such as the FCA, SEC, or ASIC. This absence of registration is a major red flag, as it indicates that the broker operates without oversight. Additionally, ScamAdviser gives this website a low trust score, suggesting it may pose risks to potential investors.User Feedback
User reviews on various platforms indicate a concerning trend. Many users report difficulties in withdrawing their funds, while others express frustration over unresponsive customer service. Common themes in complaints include:-
Withdrawal delays and denials.
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Poor customer support experiences.
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Unclear terms regarding fees and commissions.
Deposit and Withdrawal Methods
Information regarding deposit and withdrawal methods remains largely unavailable. Users have reported issues with withdrawals, which raises concerns about the broker’s reliability and operational integrity.Why Unregulated Brokers Are Risky
Engaging with unregulated brokers poses significant risks, including a lack of investor protection, no formal dispute resolution mechanisms, and a higher likelihood of exit scams. Without regulatory oversight, investors have limited recourse if they encounter issues with the broker.How Can “ReviewsAdvice” Help You If You Get Scammed?
Unfortunately, recovering funds lost to a scam can be challenging. However, “ReviewsAdvice” can help by:-
Raising awareness: By exposing potential scams, we can help others avoid similar pitfalls.
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Providing resources: We offer guidance on identifying fraudulent brokers and reporting scams to relevant authorities.
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Actionable support: We will provide you recovery service recommendations, which will help you in recovering the lost funds or you can report your case here for assistance.
