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Name: Phenix Trust Ltd
Website: phenixtrustltd.net
PhenixTrustLtd markets itself as a global investment broker offering forex, crypto, and financial advisory services. Its website presents account tiers, trading tools, customer support, and claims to operate legally across multiple jurisdictions.
However, the evidence strongly suggests that PhenixTrustLtd is not a trustworthy or legitimate broker:
A major regulatory authority (Central Bank of Ireland) has issued a formal warning that Phenix Trust Ltd is unauthorized to provide investment or advisory services in Ireland. This establishes that at least one reputable regulator considers them non-compliant.
The site offers “investment advisory” or brokerage services while lacking any credible, verifiable license or regulatory oversight in recognized jurisdictions.
Users and independent sources describe typical scam behaviors: funds deposited but withdrawals withheld or delayed, demands for extra verification or fees after depositing, plus communication breakdowns when users request withdrawals.
Trust metrics for the domain are extremely weak; the domain is listed in regulatory warning notices and has little trustworthy reputation evidence supporting its claims.
Marketing is vague and aggressive in parts, with promises of high returns and global operations that are not backed by transparency or trusted licensing.
Bottom line: PhenixTrustLtd carries numerous red flags that match known scam patterns. The issuance of a regulator’s warning is a strong negative mark. This is a high-risk site that should be avoided. If you have any funds invested there, you should attempt to withdraw immediately (if possible), document communications, and notify your local regulator or consumer protection body.
phenixtrustltd.net is rated 1 out of 5 stars on Broker Review, based on major reviews.
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