Efixxen Review: Here’s What No One Is Telling You!!

https://lh7-us.googleusercontent.com/ICIzN2vg9stwBXu0mBS-StqXLSxwA3kmQwxVPbnkg_6qoAqfuQf0jT6QgM4sPTNC6Y_VzMNlxzL5usihlDfJxiXKPtesk0ncxezOWQe7NpMoxwKZoKRmGWmvLAlnp70znh-1cHnayfV0n-bu7vd_FcQ

Efixxen touts itself as a next-level trading platform with dynamic tools and top-of-the-range technology. But is it true?  Is Efixxen legit or scam broker? Read my independent Efixxen review to discover all the indications suggesting that efixxen.com is a forex and crypto scam. Here’s a quick data summary of the platform, according to the website and third-party sources:

Company NameCapital Minds Financial Services LTD
Websitewww.efixxen.com
Email Addresssupport@efixxen.com
Telephone 18007500975
Physical AddressRodney Bay, Gros-Islet, Saint Lucia
RegulationUnregulated
Tradeable AssetsCurrencies, Stocks, Commodities, and Indices
Trading PlatformProprietary
Leverage1:400
Minimum Deposit$250
Deposit & Withdrawal OptionsVisa, Master Card, Bank Transfer, & Crypto

Efixxen data summary according to the company website and third-party source.

Before diving into that, I’d like to point out that the website seems to no longer take in new members. I tried to sign up twice with different email addresses and other details, but each time I got an error message, as shown in the screenshot below.

https://lh7-us.googleusercontent.com/1n09L2qu5Ula-NiQ87CkImzvftbPqSgDYBbmABS6qsj32jnIwNwegyLgyhVxKRGbRQM5o8ulg6NEOHsavOUIHVpvl_y_qae987z8GEDRPA1ctF2UFCZEMeirPdUUgnW6CWnmrBw50eLzXFMYulotVVg

A screenshot shows an error message that popped up as I tried to sign up to efixxen.com. 

But that did not mean that my probe into efixxen.com had to end there. 

Even without signing up, I discovered the real truth behind this supposed next-level platform for trading currencies, stocks, commodities, and indices. This is all thanks to scamadviser.com, trustpilot.com, sitejabber.com, and cutting-edge investigative techniques.  

1. What Scamadviser Says about Efixxen.com

To begin with, scamadviser.com issued a red warning alert with the following words: “The rating of this site is low. Caution needed.” What’s more, the scam checker website gives it a 1/100 rating score, like it does other scam brokers. 

As if that were not enough, Scamadviser also points out that several spammers and scammers use the same registrar as efixxen.com. This exposes a common trend. 

A screenshot shows Scamadviser warning about the authenticity of efixxen.com

Last but not least, while looking up efixxen.com on scamadviser.com, I noticed that the company uses fictitious details when it comes to its owner’s identity. For example, Scamadviser indicates PrivacyGuardian.org llc as the owner of efixxen.com. 

Upon further investigations, I discovered that PrivacyGuardian.org llc is a company that helps guard domain owners’ identity details. It does that while still enabling domain owners to adhere to registration rules. The agreement between the ICANN’s Registrar Accreditation Agreement (RAA) and domain registrants outlines them clearly.

Here’s where PrivacyGuardian.org comes in. The company generally provides domain privacy protection to website owners by replacing their personal information with the company’s own identity data in the public WHOIS records. 

Regardless, it’s strange that most customer reviews regarding this broker (Efixxen) on scamadviser.com are positive. These are likely paid reviews. 

2. No Single Efixxen Review on Trustpilot

I became even more skeptical about this broker when I came across no Efixxen Trustpilot reviews. It was impossible to obtain information about the company on trustpilot.com. 

It did not make sense that Efixxen.com hadn’t yet received a single review on the consumer review website. This was despite the company claiming to provide “next-level trading with versatile tools and impressive industry-leading technology.” 

A screen shot shows no reviews of effixen.com on Trustpilot. 

Generally, it could mean many things if a company of this caliber doesn’t have a single Trustpilot review. One of them is that the company might not encourage customer reviews. A company may choose not to encourage reviews, especially if those reviews are likely to damage its reputation. 

4. No Single Efixxen Review on Facebook

Unlike other scam brokers like Hudson Trust, this scam broker was a little smart to have a Facebook page. That I give him. As of the time of writing this review, the page had 1 like and 1 follower, as shown in the screenshot below:

A screenshot shows Efixxen’s Facebook page with only one like and one follower. 

The skeptical part is that the page had hundreds of posts with no single post having a comment. It seems that the broker disabled or hid comments to avoid getting exposed. 

To ascertain that, I wrote a comment, which I was later not able to see.  

5. Only Positive Efixxen Reviews on Sitejabber

I also looked up efixxen.com on Sitejabber where I found only positive reviews(5-star) of the broker, as shown in the screenshot below:

A screenshot shows efixxen.com receives only 5-star reviews on sitejabber.com 

Again, my skepticism about Efixxen continued to grow because no business will satisfy every customer such that it will receive only positive feedback.

Unconvinced, I decided to probe the reputation of sitejabber.com on Better Business Bureau(bbb.org). As expected, I found lots of complaints regarding the website, where customers complained that it publishes fake reviews.  You can check out those complaints about sitejabber.com on bbb.org.

This convinced me without any reasonable doubt that all the 5-star Efixxen reviews on Sitejabber were not independent. 

8. Suspicious Physical Location

According to the US government’s Commodity Futures Trading Comission(CFTC) website, any broker who has no physical address or has an offshore one is clearly one of the 10 signs of a scam crypto or forex trading website.

Going by the publicly available information, Efixxen has an offshore physical address in Saint Lucia. This is an island state in the Caribbean Sea and region. Over the years, the region has become a safe haven for forex and crypto scam brokers and other cybercriminals. 

My Final Verdict On Efixxen.com

Is Efixxen legit or a scam broker? Efixxen.com is nothing but a scam broker who uses almost the same tricks as SwiftTrading, Immediate Edge, Mayfair Investments, and other brokers to fleece you. 

While they claim to offer you the opportunity to make money trading forex, crypto, and other assets, there are overwhelming signs that they are fake, as I highlighted above. 

Conclusion: Keep away from the platform and ask your friends to do so as well. To find out how to find a legit crypto trading broker and how to trade profitably, read my Automated Bitcoin Trading Guide.

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