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Pandex

China|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://en.pandex-fx.com/

Website

Rating Index

Contact

https://en.pandex-fx.com/

Licenses

No valid regulatory information, please be aware of the risk!

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Broker Information

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Company Name

Pandex

Company Abbreviation

Pandex

Platform registered country and region

China

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-02-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Pandex · Company Summary

General Information & Regulation

Pandex was created as a subsidiary company in 2001. It merged Osaka and Kyoto Stock Exchanges and began its activity on the Japanese stock commodity and financial markets. The company continued to be a closed joint-stock company and only few were able to gain access to its service as the capital was mainly private and the controlling stake remained with Mori.

Products

Pandex claims that it offers trading in shares, warrants, bonds, and derivatives on stock and base commodity actives, non-ferrous metals, high-tech stock and cryptocurrencies However, there are no retailable products or services offered by Pandex. The affiliates are only able to market Pandex affiliate membership itself.

Minimum Deposit

In order to fully participate in the Pandex income opportunity however requires a minimum $100 investment.

Pandex Compensation Plan

The affiliates of Pandex invest $100 or more to receive an advertised ROI.

  • SGX : invest $100 or more to get a 17.01% monthly ROI

  • Lime : invest $500 or more to get a 26.67% monthly ROI

  • NASDAQ : invest $1000 or more to get a 32.76% monthly ROI

  • Cryptocurrency : invest $5000 or more to get a 42% monthly RO

Conclusion

Pandex claims to be a multi-billion dollar company, but there is no proof anywhere that it exists beyond its own website. The company is a Ponzi fraud. The use of new investment to pay off existing investors makes Pandex a Ponzi scheme. Like all Ponzi schemes, when affiliate recruitment slows down so too will new revenue entering the company.

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李德财
more than one year
This hateful and unknown broker requires extremely high minimum deposit to get started. I did not fall to the prey cuz I’ve already seen so many negative reviews of it. Pandex provides nothing professional concerning trading, much slippage, latency, slow order exertion. I remembered that I traded the gbp/nzd pair, spreads reached 200 pips. Horrible!
2023-03-20 17:54
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