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Do You Want to Know If EminiFX Is Legitimate or a Scam?
EminiFX is high-profile but they shouldn’t take this as a compliment–they are actually well-known as a scam and a Ponzi scheme. In fact, it has been closed down by a court order and was the subject of an article by The Washington Post about its history as a Ponzi scheme. The article discussed EminiFX’s activities as commodities and futures fraud. Obviously, if EminiFX ever emerges again, we recommend staying away from it.
There Are Some Problems with EminiFX
Fortunately with EminiFX, its illegal activities are high profile enough that it isn’t hard to convince anyone to avoid it if it should operate again. However, with some brokers, it isn’t so obvious. Many brokers try to fool customers with false promises or claims of licenses, but they turn out to be fraudulent. We recommend researching brokers carefully and trading only with a regulated broker.
Red Flags that EminiFX May Be a Scam
- No license
- Closed by a court order
- Very negative press
- Discontinued service
- No transparency
- Bad reviews
If You Need Fund Recovery from EminiFX, Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with EminiFX, close it and request a withdrawal. If you are not given your money back, contact the Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.