Sadex Group Review

Who is Sadex Group:

Sadex Group is a company that claims to be a global leader in online trading and investing. They claim to have over 10 years of experience in the financial markets, and to offer access to various assets, such as forex, stocks, commodities, indices, and cryptocurrencies. They also claim to have a team of experts who provide market analysis, education, and support to their clients. However, there is no evidence to back up any of these claims, and the ASC has warned that Sadex Group is not registered to trade in or advise on securities or derivatives in Alberta.

Regulation Of Sadex Group:

Sadex Group is not regulated by any reputable authority. They claim to be licensed by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines, but this is a false and misleading statement. The FSA of Saint Vincent and the Grenadines does not regulate or supervise any forex or binary options brokers, and has issued a public notice to warn investors about this. Furthermore, Sadex Group is not registered with any other regulatory body in Canada or elsewhere, which means that they are operating illegally and without any oversight or protection for their clients.

Location Of Sadex Group:

Sadex Group does not disclose its physical address or contact details on its website. The only way to reach them is through an online form or an email address. This makes it very difficult to verify their identity or location, and also raises the risk of identity theft and fraud. According to some online sources, Sadex Group may be based in Bulgaria or Estonia, but this is not confirmed. In any case, these are jurisdictions that are known for hosting many scam brokers and have weak or nonexistent regulations for the financial sector.

Services Offered By Sadex Group:

Sadex Group claims to offer various financial services, such as trading, investing, and wealth management. They claim to have four types of accounts for their clients: Basic, Silver, Gold, and Platinum. Each account type has different features and benefits, such as leverage, spreads, commissions, bonuses, trading signals, webinars, and account managers. However, these are all typical tactics used by scam brokers to lure unsuspecting investors into depositing more money and trading more frequently. In reality, Sadex Group does not provide any real or reliable service, but rather manipulates the prices and execution of the trades to make their clients lose money.

Reviews Of Sadex Group:

Sadex Group has received many negative reviews and complaints from its clients online. Many people have reported that they have been scammed by this company and have lost their money. Some of the common issues reported are:

– Difficulty in withdrawing funds or closing accounts

– High pressure sales tactics and aggressive calls from account managers

– False or misleading information about the company and its services

– Poor customer service and communication

– Manipulation of the trading platform and results

– Unauthorized charges or fees on the accounts

Customer Service Of Sadex Group:

Sadex Group has a very poor customer service. They do not respond to emails or online queries promptly or professionally. They also do not have a phone number or a live chat option for their clients. The only way to contact them is through an online form or an email address that may not even be working. Many clients have reported that they have been ignored or blocked by Sadex Group after requesting a withdrawal or filing a complaint. Some clients have also reported that they have been harassed or threatened by Sadex Group’s representatives when they tried to get their money back.

Securing Your Investments Against Unscrupulous Brokers Like Sadex Group:

If you have invested with Sadex Group or any other unregistered or unregulated broker like them, you should take immediate action to try to recover your funds and protect yourself from further losses. Here are some steps you can take:

– Stop communicating with the broker and do not give them any more money or information

– Contact your bank or credit card company and request a chargeback or a fraud investigation

– Report the broker to the local authorities and the regulatory agencies in your jurisdiction

– Seek legal advice from a reputable lawyer who specializes in financial fraud cases

– Check online forums and reviews for other victims who may have similar experiences or advice

Conclusion:

Sadex Group is a scam broker that is not registered or regulated by any authority. They are operating illegally and without any protection for their clients. They use deceptive and fraudulent practices to lure investors into depositing money and trading with them, and then make it impossible for them to withdraw their funds or close their accounts. They also have a very poor customer service and reputation online. We strongly advise you to avoid Sadex Group and any other broker that is not licensed or supervised by a credible regulator. You should always do your research before investing with any broker, and only choose those that are transparent, reputable, and trustworthy.