Pheonixus Review
Pheonixus is an online broker that we are reviewing. After a first look at the Pheonixus site it seems that they are not very transparent. Typically, brokers provide crucial information such as their contact information or disclose where they are based. However, this broker avoids sharing any relevant information like that on their website. While we want to stay positive, this is already a reason for concern.
Their ‘About Us’ page is filled with senseless filler attempting to establish the broker as “Europe’s leading financial institution.” If that were the case, they would not have to state is so direct on their site. Also, Pheonixus.com would offer way more information. Where are their licenses and their license numbers? If they are as good as they claim, then there is no need to hide their legal documents. Where is their broker located? Keeping such basic information from their clients is extremely questionable and should make traders tread lightly when looking at Pheonixus.
Regulations and Licensing for Pheonixus
The lack of transparency and trust towards their traders is what makes Pheonixus seem so suspicious. As we mentioned earlier, the licensing is no where to be found on their site. So unfortunately, there is not much we can share about that. Let’s see if Pheonixus.com mentions anything about their regulations. The site has a whole page dedicated to their KYC policy. After learning more about their policies, it is fair to say they have no real regulators and likely use this lack of regulation to their advantage. They don’t want a real financial institution to control them and monitor how often they scam clients, so they implement the vague AML and KYC policies.
That means that they pretend to follow Anti-Money Laundering Laws and the Know Your Customer Policy. They use these ambiguous and unregulated terms to create an illusion of some sort of regulation. However, there is none because Pheonixus scams its clients. That is exactly why you should stay far away from this broker. They will ask for personal information such as photo IDs, credit card photos, and additional documents. They can steal your identity, and money with this sort of approach. So please be heed our warning and avoid investing with Pheonixus.
Account Types
Let’s delve further into Pheonixus. Looking over their accounts, they seem quite basic and are not alarming. Their four accounts include the Basic, Silver, Gold and the VIP. After looking through the list of accounts, it seems that they are trying to rip off their clients. Our Pheonixus.com review proves that the VIP account, which is the most expensive ranging between a $10000 – $50000 deposit, offers terrible benefits. Their cheaper accounts offer way more that their VIP, which is very upsetting. This sort of upsetting because a true trader would not fall for such a trick. Are they trying to imply that their clients are stupid enough to fall for such a stunt? It is clear that their target are mainly naive traders.
Basic
- Minimum deposit: $200-3000
- Education: 3 sessions
- Assets: 100+
Silver
- Minimum deposit: $3000-10000
- Education: unlimited sessions
- Assets: 200+
- Signals: 5 VIP
- Withdrawals: 5 free
Gold
- Minimum deposit: $10000-50000
- Education: unlimited sessions
- Assets: 200+
- Signals: 5 VIP weekly
- Withdrawals: 10 free
VIP
- Minimum deposit: $50000+
- Education: 10 sessions
- Assets: 100+
- Signals: 3 VIP weekly
- Withdrawals: First free
Pheonixus Review Assets and Trading Instruments
The broker offers five assets that can be traded, and they include cryptocurrencies, forex, commodities, stock and indices. It seems they have done minimal research and have just copy and pasted basic information from other brokers about the assets. They don’t offer any specific information about how they work with these assets.
Their descriptions are extremely vague and again targets inexperienced traders who do not know much. But from a trained eye, Pheonixus is scamming people left and right. The broker knows how to appeal to new traders and uses their innocence to their advantage. So, Pheonixus.com review is here to help exactly those victims and many more.
Pheonixus Review: Conclusion
All in all, we can confidently say that Pheonixus is a broker that was created mainly to scam all of is loyal customers. If you decided to invest with them following reading our review, please remember this is at your own risk. Again, we’d like to clearly state we do not believe that this site is reliable or trustworthy. We are certain that you will end up robbed if you continue any relations with them. If you do not believe us, please consider doing further research. There are various comments and reviews about Pheonixus scamming people that can be found online. Don’t fall victim to any online scams and keep your money safe.
Slow customer service
Slow customer service and withdrawals. Not trading with them again.
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Ineffective brokers
Do not trade with this broker. They are not effective brokers for online trading.
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Scammers
Big-time scammers. They call to ask for more money.
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Unprofitable
Poor overall performance. Signals are weak and unprofitable. Customer service are helpful but overall, I am not satisfied because I never had any profit at all.
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Blocks withdrawals
Do not approve the withdrawal request. I have filed several requests but all have been rejected too.
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Blocks withdrawals
Do not approve the withdrawal request. I have filed several requests but all have been rejected too.
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Stay away
Stay away from these bad people. They have taken all the money on my bank account.
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Blocks withdrawals
Do not approve the withdrawal request. I have filed several requests but all have been rejected too.
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Trading scam
They will never pay your profit, avoid their trading scam.
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Bad trading company
Bad trading company. Avoid using their services.
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Useless signals
Useless trading signals. They aren’t effective after all.
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Bad people
Bad people. Make sure not to deal with them.
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Blocks withdrawals
Do not approve the withdrawal request. I have filed several requests but all have been rejected too.
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Blocks withdrawals
Do not approve the withdrawal request. I have filed several requests but all have been rejected too.
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Do not trust this broker
Nobody should trust this broker. I gave them my money because they told me it is a good investment and gives out a good return. But I lost all.
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Worst signals
The worst decision I have ever made is to trade with this broker. The signals are really the worst.
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Poor company
Poor trading company. Do not trade with them.
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Scammers
Do not give out any information, they are scammers.
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Bad services
Bad services. Not a skilled broker.
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Scammers
Do not give out any information, they are scammers.
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Poor services
Poor services. I will never use this broker service again.
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Unreliable broker service
Very unreliable broker service. You can’t even rely on their customer service for help. Do not deal with this broker service.
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Frustrated with customer service
I am so frustrated with their customer service, they are unhelpful and unprofessional. I needed help with the platform but they have sent me an email tutorial instead that I can’t even understand. As if they are not willing to help me over the phone.
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Scammers
Do not give out any information, they are scammers.
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Scammers
Do not give out any information, they are scammers.
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Bad broker company
I am not getting a proper reply from my missing withdrawals. Bad broker company
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Poor services
Poor trading services. Not a good one to deal with.
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Scammers
Do not give out any information, they are scammers.
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Not good brokers
Try other brokers and avoid this one. They are not good brokers.
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Bad forex broker
They are offering so many things for free even trading education but most of the modules are outdated. Services are fair but never good and not so much effective in getting profit.
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Poor services
Poor services. I will never use this broker service again.
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Scammers
Do not give out any information, they are scammers.
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Avoid this company
Avoid this company. They robbed money from people.
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Expensive
Huge price difference compares to other brokers. They have the most expensive per-lot price and they keep on increasing their prices.
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Fraudster
Do not trade with this company. They are fraudsters.
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Slow withdrawals
I am a bit disappointed with their withdrawal process, aside from lots of documents needed, I am waiting so long for the money. It’s been a week I still don’t have it.
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Worst customer service
Worst customer service. They are rude and unhelpful.
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Scammers
Do not give out any information, they are scammers.
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Scammers
Do not give out any information, they are scammers.
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Annoying withdrawal process
Poor customer service and slow withdrawal process. I am so annoyed with their withdrawal process. I’m not trading with this broker again.
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Do not deal with this broker
Do not deal with any of these brokers to trade forex. I have lost so much on this, I regret trading with them.
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Scammers
Do not give out any information, they are scammers.
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Scam
Do not get involved in this scam. I guess they are big syndicates, not brokers.
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Inconvenient
Inconvenient to trade with, they are very difficult to contact and are very unresponsive on emails and chats.
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Do not deal
False fund recovery. Do not deal with them.
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Inaccurate signals
Not a good broker for online trading. Signals are inaccurate.
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Scammers
Do not give out any information, they are scammers.
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Do not deal with this broker
Do not deal with any of these brokers to trade forex. I have lost so much on this, I regret trading with them.
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Worst services
Services are becoming worst as days pass by. I am not recommending this broker at all.
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Annoying withdrawal process
Poor customer service and slow withdrawal process. I am so annoyed with their withdrawal process. I’m not trading with this broker again.
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Slow withdrawals
Slow withdrawals. It took them almost a month. Had so many follow ups.
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Slow withdrawals
Slow withdrawals. It took them almost a month. Had so many follow-ups.
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Got so many losses
They have fooled me to deposit for more. I could have cut my losses if I stopped trading earlier.
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Slow withdrawals. There are so many withdrawal issues.
Poor support
Slow customer service and some of my messages are left unreplied. Customer service is not always available to assist. Poor support.
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Not profitable
Somehow a good broker, and polite customer service. although trading with them is not really that profitable, I have learned so much. I close the account because I want a better profit.
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As if they are not well-verse about forex market
They are very convincing at what they say but they are very disappointing on the actual trading. As if they are not well-versed about the forex market.
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Poor customer service
Poor customer service. Aside from their limited availability, they have poor communication and comprehension skills. I can not recall any concerns resolve by calling them.
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Not a good broker
Not a good broker to deal with. Signals and services are both inefficient.
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Unreliable
Unreliable trading signals and services to trade with. I’d rather trade on my own.
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Poor trading service
Poor trading services. I have used this broker service for a month and I never got any refund. I have observe signals are most of the time against the market movements.
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Bad services
Bad services. Do not use this broker service.
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Stay away
Stay away from them. They will lure you and will never let you withdraw.
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Slow withdrawals
Stay away from this trading broker.Withdrawals are really slow.
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Not worth it
Not worth my money and time. I did not gain profit trading with this broker.
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Scammers
Do not give out any information, they are scammers.
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As if they are not well-verse about forex market
They are very convincing at what they say but they are very disappointing on the actual trading. As if they are not well-verse about the forex market.
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Bad broker
They have ran away with my money. I fought to get my remaining funds after losing too much but I got nothing.
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Do not trust this broker
Do not trust this broker service. They have lured me to deposit more then ran away with my money.
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Poor signals
Poor signals from the brokers. I can’t recall getting atleast a decent profit.
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Poor signals
Poor signals from the brokers. I can’t recall getting atleast a decent profit.
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Lose all my money
Have joined this company last month and much to my regret, I am now miserable. I have lose all my money.
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Bad broker
Don’t fall for their trading offers. It’s a trap, all they want from you is your money.
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Deceitful broker
Be warned. This is a deceitful forex broker. They appear to be very promising in order to collecting more money.
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Bad brokers
Bad trading broker. I am not happy with the services.
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Bad services
Bad services. Do not use this broker service.
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Scammers
Scammers! Stay away from these people.
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Worst signals
Worst trading signals. They bring about 75% losses.
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Poor services
Poor services. I will never use this broker service again.
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Deceitful broker
Be warned. This is a deceitful forex broker. They appear to be very promising in order to collecting more money.
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Pricey trading instruments
Trading with them is too pricey. I am not going to deal with them again.
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Pricey trading instruments
Trading with them is too pricey. I am not going to deal with them again.
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Bad company
Bad company. I will never invest my money with this company again.
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Seriously worst
Seriously worst. Do not transact with anyone of them. They are not regulated and they froze money for no reason.
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Poor trading results
I thought I can get the best trading services here since they are a big broker company. However, I get so many losses and poor trading results.
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Services sucks
Services sucks! Do not trade with them.
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Stay away
Stay away from them. They will ripped off your bank account.
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Slow withdrawals
Slow withdrawals. There are so many terms and requirements needed.
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Rude customer service
Poor customer service. They sounded very rude all the time.
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Bad brokers
Bad brokers. Stay away from them.
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Worst company
They are one of the worst company I have ever traded with. Not a good company to trade with.
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Poor broker
Poor services and worst tools.
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Extremely poor
Extremely poor services. Do not join this broker company.
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Scammers
Do not give out any information, they are scammers.
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Worst broker
Worst broker among the ones I have tried. Slow withdrawals and poor support.
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Slow withdrawals
Slow withdrawals. Services are not ideal for gaining good profits.
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Pricey trading instruments
Trading with them is too pricey. I am not going to deal with them again.
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Bad people
Bad people, they stole money from innocent.
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Poor trading company
Poor trading company. Signals are unreliable.
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Do not trust
I suggest not to trust them. They tell all good things at the start but will never happen.
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Poor signals
Weak market analysis. Poor signals.
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Do not trust this broker
Do not trust this broker service. They have lured me to deposit more than run away with my money.
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Worst broker service
They are a big broker company and so I was enticed to join. I regret joining because after a month I notice losses are becoming bigger. Services and signals began to become worst.
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Scammers
Do not give out any information, they are scammers.
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Inaccurate signals
Do not trade with this broker company. The signals are not accurate.
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Bad broker
They have run away with my money. I fought to get my remaining funds after losing too much but I got nothing.
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Bad brokers
Bad trading broker. I am not happy with the services.
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Bad customer service
Bad customer service.Really very frustrating and annoying.
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Do not deal with this broker
This broker will just be wasting your money and time. At first, I gain little profit and they made me deposit more in order to gain huge profit which I did. But surprisingly after I redeposit huge enough, I got all losing trades and my money was gone.
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Poor broker
Poor services and worst tools.
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Scammers
Scammers! Stay away from these people.
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Do not trade
Do not trade with them. They do not pay a profit.
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Worst customer service
Worst customer service and unreliable signals. I will never recommend this broker, in fact, I warn everyone not to use them.
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Bad broker
I activated an account and traded with this broker. They did not pay my profit and had froze my account for no reason. Bad broker company.
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Bad people
Bad people. I was called and tricked to deposit. I have lost all my money here.
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Poor services
They denied me my withdrawal without any valid reason. Poor broker services.
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Slow withdrawals
Slow withdrawals. There are so many terms and requirements needed.
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Unreliable signals
I am not going to recommend this broker service. The signals are unreliable.
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Unreliable signals
Do not trade with this broker company. Signals are unreliable.
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Stay away
Stay away from this broker service. They are one of the worst.
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Slow withdrawals
Slow withdrawals. There are so many terms and requirements needed.
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Not profitable
Somehow a good broker, polite customer service. although trading with them is not really that profitable, I have learned so much. I close the account because I want a better profit.
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Pricey trading instruments
Trading with them is too pricey. I am not going to deal with them again.
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Technical problem
Had so many technical problems with their tools. They used this as a technique to let you lose.
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Unable to withdraw
Hanky panky rules on withdrawals. They will beat around the bush to block withdrawals.
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Poor trading signals
I go crazy with the signals. I get consecutive losses and I wonder why. I had to stop trading with them before losses worsen.
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Limited payment channels
There are so many easy ways to deposit, I wonder why it is difficult to withdraw and payment channels are very limited.
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Bad broker
Don’t fall for their trading offers. It’s a trap, all they want from you is your money.
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Bad brokers
Bad trading broker. I am not happy with the services.
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Poor broker
Poor broker performance. Not recommended.
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Scammers
Scammers! Stay away from these people.
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Poor trading advise
Unable to fulfill the promise of good profit. They gave me poor trading advise causing so many losses instead.
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Poor broker company
Poor broker company. They do not pay profit and withdrawal is very slow.
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Worst company
They are one of the worst companies I have ever traded with. Not a good company to trade with.
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Worst broker
The worst broker I have ever used. There are high additional trading fees. And it is very difficult to withdraw profit.
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Rude brokers
Rude and arrogant brokers. They always force deposits and call anytime of the day even if you will not authorize them to do so.
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Stay away
Stay away from them. They will lure you and will never let you withdraw.
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Scam
This is a very bad broker. They scam people.
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Bad broker
They have lured me to deposit more in the hope of getting more profit. But I have lost more instead.
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Poor broker company
Poor broker company. They do not pay profit and withdrawal is very slow.
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Bad broker
The product is misrepresented on their website. Does not really work well.
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Pricey trading instruments
Trading with them is too pricey. I am not going to deal with them again.
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Scammers
They have been very persistent in asking for a deposit. But I can always hear it from their voice, they are scammers.
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Worst signals
The worst decision I have ever made is to trade with this broker. Signals are really the worst.
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Do not invest
Poor broker company. Do not invest money here.
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Fake brokers
Not a real forex broker. They are fake do not trade with them.
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Unable to withdraw
Hanky panky rules on withdrawals. They will beat around the bush to block withdrawals.
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Worst broker
Worst forex broker I have seen. They can’t even give me decent profit and troubled me in processing withdrawals.
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Frustrating withdrawal process
I am very much frustrated with their withdrawal process. I find it really very slow and I find it very difficult to provide what is being asked.
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Slow withdrawals
Slow withdrawals. There are so many withdrawal issues.
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Poor trading software
Poor trading software. I will have to face too many technical problems.
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Lose money here
I have lost so much money on this. I feel like they earn from deposits and not really from winning trades.
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Have lost huge money
They only give me false hopes. I have lost huge money here.
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Scam broker
This is a scam broker. Please be careful with them.
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Beware with their promo
They have several promos but be careful with their promos. They always use it to hook people to invest with them. I end up with huge losses here because of promotions.
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Poor signals
Weak market analysis. Poor signals.
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Fake brokers
Not a real forex broker. They are fake do not trade with them.
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Poor online broker
Not a good broker for online trading. They do not have enough experience and can’t even give out sound investment advice.
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Difficult to withdraw
Difficult to secure approval from this broker, they always give me runaround. I am good with other services but not with their withdrawal process.
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Difficult to withdraw
Difficult to secure approval from this broker, they always give me runaround.I am good with other services but not with their withdrawal process.
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Slow customer service
Slow customer service. I even lose money before they attend to my trading needs.
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Stay away from them
Please stay away from them, they don’t deserve to be in business.
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Poor broker service
Poor trading platform and slow customer service. I do not advise trading with them.
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Scammers
They have been very persistent in asking for deposit. But I can always hear it from thier voice, they are scammers.
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Poor broker
Poor broker performance. Not recommended.
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Poor signals
Weak market analysis. Poor signals.
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Bad broker
Poor services. Bad broker.
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Waste of money
Do not trade with them. It is just a waste of money.
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Do not trust
I suggest not to trust them. They tell all good things at the start but will never happen.
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Services sucks
Services suck! Do not trade with them.
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Pricey trading instruments
Trading with them is too pricey. I am not going to deal with them again.
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Not recommended
Not recommended. Poor signals and services.
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Can't withdraw money
Frustrating experience. I can not withdraw my money.
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Unacceptable withdrawal process
Unacceptable withdrawals process. Imagine waiting for a month for a simple withdrawal?
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Scam
It is a scam, crystal clear. Do not deal with them.
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Cheaters, scammers
They cheated on me. Stay away from them, save your money from this scammers.
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Worst customer service
Worst customer service and unreliable signals. I will never recommend this broker, in fact, I warn everyone not to use them.
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Bad people
Bad people. I was called and trick to deposit. I have lost all my money here.
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Bad services
Bad services. Do not use this broker service.
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Bad brokers
Bad trading broker. I am not happy with the services.
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Bad broker
Don’t fall for their trading offers. It’s a trap, all they want from you is your money.
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Poor investment
Not a good investment option. Do not try any of the offers.
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Unregulated brokers
Unregulated brokers. Stay away from them.
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Bad services
Bad services. Do not use this broker service.
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Rude
Rude customer service. They do not process withdrawals also.
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Rude and disrespectful
Rude and disrespectful customer support. I am very much annoyed with how they treat me over the phone.
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Not recommended
Worst trading signals and poor services. Not recommended.
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Bad brokers
Bad brokers. Stay away from them.
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Expensive trading options
Very expensive trading options. They have so many trading assets to chose from but all seem very expensive. I am trying a few for the first time, will post another review soon.
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Bad people
Help me, report them to authorities. They have run away with my money.
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Difficult withdrawals
I wonder why it is so difficult to request even a simple withdrawal. I am not trading with them again.
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Lose money
I have lost so much money on this.
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Slow withdrawals
Ridiculous spreads and withdrawal process. Instead of waiting for the standard number of banking days, with this broker, you will have to wait for few weeks.
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Poor forex broker
They are a big trading company but do not deliver good trading services.
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Disrespectful customer service
Disrespectful customer service. They sounded so rude all the time.
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Beware with this broker
I was scammed by this broker. Beware take note of their company name and do not deal with them.
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Avoid them
Illegitimate broker company. Avoid them.
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Frustrated with customer service
I am so frustrated with their customer service, they are unhelpful and unprofessional. I needed help with the platform but they have sent me an email tutorial instead that I can’t even understand. As if they are not willing to help me over the phone.
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Poor trading signals
Trading with them is very unproductive. Poor trading signals and bad customer service.
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Poor broker company
Poor broker company. They do not pay profit and withdrawal is very slow.
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Bad customer service
Bad customer service. Really very frustrating and annoying.
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Bad broker
Bad broker and poor services. All they care about is your deposit but will never give good support.
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As if they are not well-verse about forex market
They are very convincing at what they say but they are very disappointing on the actual trading. As if they are not well-versed in the forex market.
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Slow withdrawals
Slow withdrawals, I almost did not get my money from them. Bad broker services. I had nothing bad losses.
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Poor signals
I am not trading with them again. Poor broker signals and rude customer service.
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Slow withdrawals
Avoid this broker, by all means, they do not process withdrawals easily. They will ask you to provide so many documents but even if you have completed everything, still withdrawal is very slow.
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Horrible broker company
Horrible broker company. They have so many excuses not to give your money.
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Poor broker performance