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Pegasusdex Scam Broker Review: Stay Away!

Pegasusdex is a forex and CFD broker that has been accused of being a scam. The company has no legitimate licenses or regulations, and there are many reports of customers being scammed by them.

Company Overview

Pegasusdex claims to be a leading forex and CFD broker, but there is no evidence to support this claim. The company’s website is poorly designed and contains a number of grammatical errors. There is also no information about the company’s management team or its financial backing.

Team

The Pegasusdex website does not list any information about the company’s management team. This is a red flag, as legitimate brokers should always disclose this information.

Services or Products

Pegasusdex offers a variety of forex and CFD trading products. However, there is no way to verify that these products are actually tradable. The company’s website does not provide any information about the trading platforms or the liquidity providers that it uses.

License and Regulations

Pegasusdex is not licensed by any legitimate financial regulator. This is a major red flag, as it means that the company is not subject to any oversight. There have been numerous reports of customers being scammed by unlicensed brokers.

License Status

Pegasusdex claims to be regulated by the Financial Conduct Authority (FCA) in the UK. However, this is not true. The FCA has issued a warning against Pegasusdex, stating that it is not authorized to provide financial services in the UK.

Regulation Status

Pegasusdex is also not regulated by any other legitimate financial regulator. This means that there is no one to protect investors who are scammed by the company.

Why Dealing With An Unlicensed Broker Is Risky?

There are many reasons why it is risky to deal with an unlicensed broker. First, unlicensed brokers are not subject to any oversight, which means that they can operate with impunity. Second, unlicensed brokers are more likely to engage in fraudulent activities, such as front-running and market manipulation. Third, unlicensed brokers are more likely to disappear with your money.

Legal Warning Against Pegasusdex

The Financial Conduct Authority (FCA) in the UK has issued a warning against Pegasusdex, stating that it is not authorized to provide financial services in the UK. The FCA has also warned investors that Pegasusdex may be a scam.

You also can go through our other scammer lists such as the SEC Blacklisted CompaniesFCA Unauthorised Firms ListASIC Blacklisted Companies, & Bank Guarantee/SBLC Review.

Client Feedback

There are many negative reviews of Pegasusdex online. These reviews allege that the company is a scam and that it has scammed its customers out of money.

Feedback About Their Trading

Some customers have complained that Pegasusdex’s trading platform is buggy and unreliable. Others have said that the company’s spreads are too high.

Feedback About Their Customer Service

Customers have also complained about Pegasusdex’s customer service. They say that the company is slow to respond to inquiries and that its representatives are unhelpful.

How Can “Reviews Advice” Help You If You Get Scammed?

If you have been scammed by Pegasusdex or another forex broker, there are a number of things you can do. First, you should file a complaint with the financial regulator in your jurisdiction. You can also try to recover your funds through a chargeback or a civil lawsuit.

“Reviews Advice” can help you if you get scammed by providing information about forex brokers and other financial scams. The website also offers a forum where you can connect with other victims of scams and share your experiences.

The main feature of our website is that you can get a free consultation call to have some recovery service recommendations to get help in recovering the lost funds.

Final Thought

Pegasusdex is a scam broker that should be avoided. If you have been scammed by Pegasusdex, you should contact ReviewsAdvice for help.

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William Pewitt

William Pewitt is an experienced forex broker reviewer, dedicated to helping traders navigate the complex world of currency exchange. With a sharp eye for detail and years of experience, I try to provide concise and insightful assessments of various forex brokers. My reviews offer valuable guidance, helping traders make informed decisions about their investments.

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