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Is Adnxbit a Scam Broker?
Adnxbit is one of many “mysterious” brokers that does not have any contact or licensing information and does not provide transparency. Research is one of the most important steps you can take before signing up for any financial service. Would you get into a taxi cab if the driver has no license? Most likely not. For the same reason, it is a bad idea to trust your money with an unlicensed broker.
Is Adnxbit a Scam or Legit Broker?
Although it is possible that Adnxbit is legitimate, it is unlikely. In our investigation of brokers, we rarely see reliable services coming from unlicensed brokers. Without the oversight of a regulator, the customer has little recourse when they complain about disappearing brokers or if they have a dispute. We suggest looking for a licensed broker instead of Adnxbit. Research brokers online and ensure they are licensed, provide contact information, and give a thorough description of their services before signing up.
Here are some problems we have discovered from our research on Adnxbit and reviews:
- Negative reviews
- Lack of visibility into who runs it
- No transparency
Our experts do not recommend Adnxbit. We encourage visitors to do research, read our broker reviews, and select regulated brokers. If you have been scammed by Adnxbit or any other broker, contact Broker Complaint Registry right away and we can advise you on fund recovery.