Home -
Exposure -
Main body -

WikiFX Express

Exness
EC Markets
TMGM
XM
FXTM
AvaTrade
FOREX.com
IC Markets Global
FXCM
ACCM

Inefex Review: Unregulated Broker with Risky Withdrawal Issues

WikiFX | 2024-09-03 17:48

Abstract:Inefex is an unregulated CFD broker with a poor reputation. Users report withdrawal issues, fraud, and scams. Avoid trading with this broker.

Inefex Review Unregulated Broker with Risky Withdrawal Issues.png

Inefex, a CFD online trading broker, claims to offer a wide range of trading instruments, including Forex, stocks, cryptocurrencies, commodities, and indices. However, despite its offerings, Inefex has garnered an overwhelmingly negative reputation among traders. The company is associated with Novir Markets LTD, which is purportedly registered and regulated under the Financial Services Commission of Mauritius (FSC) with license number GB21026833. However, this regulatory status could offer more comfort to potential traders.

Screenshot_2 (2).png
Screenshot_3 (2).png

The Financial Services Commission of Mauritius (FSC) is not held in the same regard as other major regulatory bodies like the UK's FCA, ASIC, or NFA. This lack of solid regulation raises significant concerns about the safety of your capital and the security of your deposits when trading with Inefex. The robustness of its regulation heavily influences a broker's trustworthiness, and in this case, Inefex falls short.

Inefex Reviews Reported to WikiFX

All the reports submitted to Inefex's WikiFX page are negative, with the most common complaints relating to an inability to withdraw funds. Many users have reported experiencing fraudulent activities and outright scams. The broker's rating on WikiFX is a dismal 1.28 out of 10, reflecting its user base's widespread dissatisfaction and distrust.

Screenshot_4.png
Inefex Reviews Reported to WikiFX.png

Given the serious issues associated with Inefex, traders must exercise caution. Utilizing tools like the WikiFX App can help you avoid the pitfalls of dealing with unregulated brokers like Inefex. Always ensure that the broker you choose is regulated by a reputable authority to safeguard your investments.

Conclusion

In conclusion, Inefex is an unregulated and high-risk broker with numerous reports of fraudulent activity and withdrawal issues. The lack of robust regulation makes it an unsafe choice for traders. To avoid falling victim to scams, it is advisable to research thoroughly and choose brokers regulated by well-respected authorities.

Stay informed and protect your investments. Visit Inefex's WikiFX page now to see detailed reviews and feedback from other traders. Don't let yourself fall victim to potential scams—make sure your broker is well-regulated and trustworthy.

Footer.png
Fraud AlertScam AlertBrokerForex BrokerBreaking News

Related broker

No Regulation
Inefex
Company name:Novir Markets Ltd
Score
1.37
Website:https://www.inefex.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.37

Read more

AssetsFX Scam Alert: 5 Troubling Signs

Forex trading has become a critical game now because of advancements in technology. Due to this Unfortunately, scam brokers have also entered in the Forex market. Therefore, you need to stay alert. This article aims to warn all traders and investors. Read carefully and stay aware.

Original 2025-08-01 20:11

Forex4Money: Where Your Money Goes In, But Never Comes Out!

Discover how Forex4Money traps investors with fake profit promises and blocked withdrawals. Read real complaints and protect yourself from this unregulated forex scam.

Original 2025-08-01 20:01

What are Indian Traders saying about MINTCFD?

MINTCFD is an India-based broker. It's important to note that independent watchdogs have issued scam alerts against the broker. They label MintCFD as risky and possibly fraudulent. In this Article, we will tell you the red flags of MINTCFD to protect your money

Original 2025-08-01 18:24

Scam Alert: FCA Issued Warning! Check the List of Unauthorized Brokers Below!

Attention Traders! Never ignore a warning from a trusted authority like the UK’s FCA. If you do, you could risk losing your money. Check the list below of Scam forex brokers to protect yourself.

Original 2025-08-01 18:07

WikiFX Express

Exness
EC Markets
TMGM
XM
FXTM
AvaTrade
FOREX.com
IC Markets Global
FXCM
ACCM

WikiFX Broker

FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
FOREX.com

FOREX.com

Regulated
BCR

BCR

Regulated
FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
FOREX.com

FOREX.com

Regulated
BCR

BCR

Regulated

WikiFX Broker

FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
FOREX.com

FOREX.com

Regulated
BCR

BCR

Regulated
FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
FOREX.com

FOREX.com

Regulated
BCR

BCR

Regulated

Latest News

Euro zone inflation holds steady at higher-than-expected 2% in July

WikiFX
2025-08-01 17:05

Forex Success Stories: Lessons You Can Use to Win

WikiFX
2025-08-01 18:47

Scam Alert: FCA Issued Warning! Check the List of Unauthorized Brokers Below!

WikiFX
2025-08-01 18:07

FCA Forex Trading Regulations Explained – What Every Trader and Broker Must Know

WikiFX
2025-08-01 17:03

FIBO Group: A Closer Look at Its Licenses

WikiFX
2025-08-01 17:05

Making Money with Forex Weekend Trading

WikiFX
2025-08-01 17:00

Interactive Brokers Expands Forecast Contracts to Europe

WikiFX
2025-07-31 19:12

Robinhood Gains 2.3M New Accounts, Platform Assets Close to $280B

WikiFX
2025-07-31 18:19

CVS shares pop on earnings beat and outlook, as retail pharmacy and insurance units improve

WikiFX
2025-07-31 11:32

CNBC's Inside India newsletter: Why an India-U.K. trade deal does not make U.S.-India agreement any easier

WikiFX
2025-07-31 12:51

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

KENKE CAPITAL

KENKE CAPITAL

Fxtradeindex

Fxtradeindex

Matrix Banco

Matrix Banco

Medco Finance Limited

Medco Finance Limited

Lifesecuredtrades

Lifesecuredtrades

MJK-ahs

MJK-ahs

IFC

IFC

KoinFX Trade

KoinFX Trade

G. H. Financials

G. H. Financials

eFX markets

eFX markets