Beware! Runex FX is an offshore broker! Your investment may be at risk.
RECOMMENDED FOREX BROKERS
Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.
Runex FX’ reliance on simplicity is, in its own head, the biggest strength, but to us its not a feature but more like a curtain-puller, in that is reveals what Runex FX is all about. And, it goes without saying that Runex FX is one big scam that will do everything it is power to steal from you, even if the broker is slowly getting shunned.
RUNEX FX REGULATION AND SAFETY OF FUNDS
Runex FX claims throughout the extent of the website to be registered and legally incorporated in Saint Vincent and the Grenadines, the most popular scammer broker location in the world, and one of the most popular ones for shady looking ones like this. There is no local regulator there, and the laws are very loose, giving all fraudsters a golden opportunity. So even if Runex FX was really located in Saint Vincent and the Grenadines, and it might as well be, it still is a risk to all and a scam.
There are no further regulatory details to speak of, meaning that Runex FX sticks to its Saint Vincent and the Grenadines claim to the end. As a result, Runex FX is completely unlicensed and a risk to all. Do not invest here because all your money will be lost.
Getting stuck in the scammer cycle is one of the worst things that can happen to any internet user today, and it’s quite difficult to escape it. Unregulated brokers are an order of magnitude more numerous than legit ones, so chances are you have stumbled on at least one. It’s a mess of a scammer industry that wants to steal tour money; all the economy here is sustained through acts of constant theft. So, the best advice we can give our readers and all users is to check for a license when dealing with a broker, any broker, no matter how clean it looks or plays out. As we have see, modern investment scams tend to polish their sites. Might we recommend any one of the European, UK, US, or Australian regulated brokers, all excellent, but with differences that make them unique.
RUNEX FX TRADING SOFTWARE
We encounter the MT5 web trader on the website of Runex FX, but quickly our excitements were shut off. The web trader did not have the same server names as the broker, meaning that if we traded with this platform we would essentially be trading with a different broker. In essence, the MT5 was not available. And even if the MT5 was available here is would still be a risk to all, solely because the broker is unregulated. Instead, we urge readers to check these MT5 brokers.
There was no other software to talk about, and we did not get the chance to access the user area, because we did not open an account, meaning that there was no way to get any trading platform info from it.
RUNEX FX TRADING CONDITIONS
We were unable to open an account, Clicking on the registration button we were redirected to a page “not found” type error section, which means that the sign up process is broke. We don’t know if it will ever get fixed or not, but all we know is that the account opening opportunity is lost.
We will rely on the site, but without the ability to open an account and trade, all these trading conditions are useless. Anyway, we get the following alleged tradeable assets: forex currency pairs, commodities, crypto, indices, and shares. And that’s pretty much it. There are no spread value, and no leverage one neither.
Readers eager to trade cannot go wrong with any of these high leverage brokers, that provide superb trading opportunities.
RUNEX FX DEPOSIT/WITHDRAW METHODS AND FEES
There waw absolutely no payment information on the website whatsoever, bringing us to the conclusion that this broekr really does not care what others think about it. What seems to matter most here is for Runex FX to profit from those clients that do not know any better.
There are no minimum deposit values reveals anywhere, no payment methods, no withdrawal fees, and no other payment conditions. It’s all down to pure luck if you think about it.
If you are seriously considering trading with an FX broker, we can only recommend to our readers to invest in low deposit brokers; just make sure to be dealing with a legit entity.
In the legal documents, we are told about a couple of fees that are both vague and undisclosed in terms of value.
In essence, Runex FX is a scam and a risk to all. Investing here will be a mistake.
How does the scam work
We understand that everyone wants to get rich fast and without any load, but the real words does not work in such a way. In fact, scammers profit mostly from the fantasies that they sell, but whereas in certain industries for a high price you get a taste or a bite of luxury product or services, in the scammer investment industry the physical gratification is never achieved because the user ultimately loses all the money that he or she invests. So, it’s obvious that fraudulent actors rely greatly on promotional and marketing materials to attract and lure an audience.
But that is just the beginning; what all scammers are after is that first initial deposit, the one that will device for further investments. The first deposit is the hardest to get from any user, and the road to it is paved with lies and charismatic actors that will mislead and deceive you at every turn.
But once the first deposit does happen, and it happens most often than naught, the fraudulent actor will push for a second, or third deposit, by continuing his lies, until that moment comes when the user realizes that he or she has been swindled. But by then, the money will be lost.
What to do when scammed
So, the first thing that you can do is to file for a chargeback, which works only id you previously invested via a credit or debit card. To combat frauds MasterCard and VISA have extended their chargeback periods to 540 days.
If invested by bank transfer, then your safest bet is to contact the bank and try to figure out a plan of action. But the chances aren’t as high. Also, remember to change your bank account password and username.
Crypto-based investments are, unfortunately, lost with no way to get them back. That’s why most scammer mainly utilize cryptocurrency based payment methods.
Last but not least, do not pay for so-called recovery services or agents, which are essentially extensions of pre-existing scammers or standalone fraudulent services.