Inex-Pips Investment is a CFD broker whose official domain name was registered on January 27, 2024. The broker primarily provides investors with investment services in trading markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not offer services to countries and regions where doing so may violate local laws or regulations.
Company Registration Information and Regulatory Status
According to the website of Inex-Pips Investment (www.inexpips.live), the registered company "INEXPIPSLIVE" has received a business license in the United States, allowing it to conduct business activities both within and outside the U.S. Additionally, the broker claims to be regulated by the Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investments Commission (ASIC).
Upon investigation, it was found that there is no registration or regulatory information for a company named "INEXPIPSLIVE" with the Financial Industry Regulatory Authority (FINRA), the U.S. Securities and Exchange Commission (SEC), or the National Futures Association (NFA). Furthermore, no regulatory information was found for a company named "Inex-Pips Investment" with the FCA or ASIC.
Therefore, it can be concluded that Inex-Pips Investment (www.inexpips.live) is a scam broker website with neither a legitimate company entity nor any regulatory oversight.
Account Opening Process
To open a trading account with Inex-Pips Investment, visit the official website, click "Open Account" on the homepage, or "SIGN UP" at the top right corner of the page to enter the account registration page. Fill in your name, email address, and set a login password as required, then submit. Once the account is verified, the registration will be successful.
Trading Instruments
Inex-Pips Investment offers a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, known for its high liquidity, allowing traders to profit from fluctuations in exchange rates.
- Indices: Index trading allows speculation on the performance of entire markets or specific sectors without trading individual stocks. Exploring popular indices can reveal diverse trading opportunities, leveraging high margins for potential gains.
- Commodities: Commodity trading covers key global market resources, enabling traders to buy and sell a variety of raw materials, including metals, energy, and agricultural products.
- Stocks: Stock trading allows investors to profit from public company stock price fluctuations based on company performance and dividends without actually holding the stocks.
- Cryptocurrencies: Cryptocurrency trading offers opportunities for digital currency enthusiasts to profit from highly volatile assets.
Investment Plans
Inex-Pips Investment offers four different types of investment plans: Basic account, Classic account, Platinum account, and Forex Signal Subscription.
Basic account:
- Minimum deposit: $500
- Expected minimum profit: $4,500
- Expected maximum profit: $5,000
- Trader education*
- Risk management
- Tax-free spread profit
Classic account:
- Minimum deposit: $5,000
- Expected minimum profit: $45,000
- Expected maximum profit: $50,000
- Expert news and analysis
- Competitive spreads
- Advanced trading tools
- Tax-free spread profit
Platinum account:
- Minimum deposit: $10,000
- Expected minimum profit: $99,999
- All benefits included
- Trader education*
- Advanced risk management
- Tax-free spread profit
Forex Signal Subscription:
- Professional forex signals
- Up to 10 signals per day
- 95% success rate
- 24/7 support
- Advanced trading tools
- Bitcoin payments only
- Use any broker
Trading Platform
Inex-Pips Investment claims to provide users with the MT4 trading platform, offering deep liquidity, leverage up to 1:500, and the industry's best spreads. However, checks on the MT4 platform revealed that there is no broker named Inex-Pips Investment.
Deposits and Withdrawals
On its homepage, Inex-Pips Investment declares it supports deposits and withdrawals via debit cards, wire transfers, electronic checks, or check deposits. However, the "FAQ" page states that numerous deposit methods, including credit/debit cards and bank wire transfers, are not available, and only cryptocurrency transactions are supported.
Conclusion:
Traderknows reminds investors that Inex-Pips Investment is a scam broker that entices investors with high returns to deceive them. The website has no corporate entity and no regulation. It is recommended that investors choose brokers with transparent information, strong regulation, and good reputation for investment activities to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
