Score

1.77 /10
Danger

VOLNEX

Saint Lucia

1-2 years

Suspicious Regulatory License

MT5 Full License

Regional Brokers

High potential risk

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Quantity 1

Exposure

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Website

Score

Regulatory Index0.00

Business Index4.70

Risk Management Index0.00

Software Index7.73

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Volnex Capital Ltd

Company Abbreviation

VOLNEX

Platform registered country and region

Saint Lucia

Company website

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  • +971 58 536 9999

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2026-01-20
  • This broker lacks valid forex regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
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News

ExposureVolnex Scam Exposed: False Promises and Locked Withdrawals

Volnex, an online trading platform, is facing serious allegations of fraud and deception. Reports indicate that the company uses aggressive sales tactics, luring investors with false promises and then blocking or delaying withdrawals. Many users say they were pushed to deposit more money under the guise of account upgrades, only to be ignored when they tried to access their funds.

WikiFX
2025-05-08 19:04
Volnex Scam Exposed: False Promises and Locked Withdrawals

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FX2962106347
0-3months
Account id:7**** Date - 19/01/2026 Time - 4.50AM IST I am writing to raise a formal complaint regarding a serious technical issue observed on your trading platform. On XAGUSD (Silver vs USD), M5 timeframe, an abnormal long downside wick appeared on the candle which does not align with market price movement or other reliable market data. Due to this unexpected wick, my stop loss was triggered, resulting in my account being completely blown. I strongly believe this loss occurred due to a platform error / price feed issue, not due to normal market volatility. I have attached a screenshot of the chart clearly showing the abnormal wick for your verification. Details: - Instrument: XAGUSD - Timeframe: M5 - Issue: Abnormal downward wick / price spike - Impact: Stop loss hit incorrectly → account wiped out - Evidence: Screenshot attached
Account id:7**** Date - 19/01/2026 Time - 4.50AM IST I am writing to raise a formal complaint regarding a serious technical issue observed on your trading platform. On XAGUSD (Silver vs USD), M5 timeframe, an abnormal long downside wick appeared on the candle which does not align with market price movement or other reliable market data. Due to this unexpected wick, my stop loss was triggered, resulting in my account being completely blown. I strongly believe this loss occurred due to a platform error / price feed issue, not due to normal market volatility. I have attached a screenshot of the chart clearly showing the abnormal wick for your verification. Details: - Instrument: XAGUSD - Timeframe: M5 - Issue: Abnormal downward wick / price spike - Impact: Stop loss hit incorrectly → account wiped out - Evidence: Screenshot attached
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2026-01-19 15:55
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