Read our PixoInvest review to see if we recommend this broker for trading. Just to clear doubts, this is a pixoinvest.com review.
Is PixoInvest Legit or Scam?
After taking a look at their website, it shows that they do not fall under any regulatory agency. That is a MAJOR RED FLAG!! That alone should be enough for you NOT to invest with them. They also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are infamous scammers.
So, PixoInvest is just another unregulated forex broker, which means the customers aren’t protected, and there is highly likely they will get away with your hard-earned money and there will be no regulating agency to hold them responsible.
How does the scam work?
Usually, unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit. And they will try any conceivable method in order to make that happen. They will offer deals that sound too good to be true. Like we will double your initial deposit or you will make hundreds of dollars per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, the clients get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you. Also, one thing we need to add here is: don’t trust the good PixoInvest reviews you might see online. They pay websites and services to improve their online reputation by posting good reviews about them.
Withdrawing funds
You should submit a withdrawal request immediately, because your funds are never safe with an unregulated broker. And here is when things get tricky.
If you want to withdraw your money and it doesn’t matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It doesn’t matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.
How to get your money back from PixoInvest?
If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all, you need to keep the emails as proof that you have been requesting the money back from them but they don’t give it to you. Or they delay the process for too long, with the intention of not refunding your money.
The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how they deceived you into depositing money for a non-regulated trading company. Mention also that they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact [email protected] but don’t let your broker know they you read this article or that you are contacting us.
What about wire-transfers?
If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on where you live, you can search google to find the regulatory agency for Forex brokers in your country. After that you can prepare a letter or an email describing how they deceived you. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you don’t know where to start, reach us at [email protected] and we’ll help you with this step as well.
Make sure you leave PixoInvest reviews in other sites
Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites. See what other sites have posted reviews about PixoInvest, and describe shortly what happened. If you fallen victim, please leave a review and a comment on this site at the comment section. Also, when these people change their website, they tend to call the old clients. So, if they call you from a new website, mention it in the comment or let us know about it. Also, if you get phone calls from other companies, please put the name of these companies in the comment. Or you can send them directly to us and we will expose them too.
PixoInvest Review Conclusions
Making the PixoInvest review was our pleasure, and we hope to save as many people from losing their hard-earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our PixoInvest review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected] or by using this contact form.
If you like to trade, please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.
I have been scammed by Pixoinvest
They were Leveragesix.com and the changed to Leveragesix.io and then to Leveragesix.net and now Pixoinvest.com.
I deposited £250 initially and then £500.
I have asked to withdraw my money for over a month now.
Immediately, i couldn’t accessy account that’s when they started to tell me about the changes.
I have had Andrew, Michael my account managers try to persuade me not to withdraw but I insisted that I needed the money and will be back to invest with them. They promised to personnally process it but then it kept on showing PENDING for nearly a month.
A lady manager called me ladt week and then hung up when she couldn’t persuade me mot to withraw. Today, Renato called me forcing me yo accept him to trade for me just for tomorrow, I refused and he hung up after several calls.
Please stay away from these people and be aware that they keep changing their name.
These guys are the best of the bad!! I was convinced to try it after watching a celebrity endorsement which I now know was a scam in itself – probably AI. Just like Joseph I bought in for $250USD thinking I could afford to lose that if it was a scam and if it was actually legit a little extra spending money would be great! It was Leveragesix.com which I checked out and it appeared legit on first blush. I was contacted by David Hall who seemed great, made me feel very comfortable and absolutely no pressure to invest more money. Next time he called he told me my account had been passed on to a more experienced trader. I was contacted by Timothy Bell who immediately put pressure on me to invest more and I told him I wanted to see how my small investment would do and that I wasn’t really comfortable with him. Then he put on his act, said he understood completely and would follow up with me in a few days and explain how the money making happened. I must admit, I was really impressed with the trading site and it was fun watching the movement. After just a few weeks I had over $400 in the account. Long story short – I invested another $2200USD and three weeks later had over $35,000 in my account! Apparently this huge gain was because Leveragesix had merged to form Pixoinvest. Timothy advised I withdraw most of it ASAP. The catch? He needed commission and taxes paid up front to the tune of $6500USD. He said they could not take the money from the profits – just not how it worked. When presented with all kinds of legitimate alternatives to ensure that I wouldn’t be out of pocket he became ruder and ruder actually accusing me of trying to cheat the system communication broke down! PIXOINVEST is a TOTAL scam – figured as much and still fell for it!!!! They are very good at what they do. Please steer clear. Once burned lesson learned… I hope.
Pixoinvest-total scam
(1/5)
Avoid at all costs, my withdrawal request was apparently approved and processed by Pixoinvest on 2024-02-22 and I am still waiting for the funds to hit my bank account. They are thieves and scammers.
I had very similar issues and results from the pixoinvest.com lot. Initially clicked on advert on FaceBook, (why are FB still allowing this), I was contacted by a dude advising to invest with LeverageSix, which is a legitimate business. Then the site went down and my contact advised they are now working as Pixoinvest.com. Long Tory short, I had put some money up, which appeared to be doing well. Then my contact said he was setting up a special arrangement, which would guarantee good regular income, and would involve him linking 10 other investors, but I would need to invest at least £20,000, but it was time limited. My answer to him was ‘no’, I’ll wait until my initial investment grows enough to use instead of adding more. The guy wasn’t happy and got aggressive, and asked if I could get a loan, which I refused to do. Later I was unable to login and despite many attempts to reset I never received the notification and reset emails from Pixoinvest.com. My ‘dealer’ said he couldn’t understand why and asked for screenshots, then offered to do it if I would let him take over my pc remotely, and he could change my password in the absence of verification emails. He didn’t get the chance to do this and I emailed Pixoinvest.com independently with my questions, guess what, no reply. Still annoyed with FaceBook for allowing this to happen. I only lost a few grand and not expecting any positive outcomes as the site/s are not registered with UK financial institutions.
(1/5)
Attempted to make a withdrawal. Suddenly an anti money laundering committee appears and blocks the withdrawal because “too much profit” made in too short a time. Repeated demands to one Sebastian Colston (socalled CFO) or Michael Peterson his sidekick for details of this committee are not answered. However, they are quick to demand more money to generate a “Security Deposit” and then the funds can be released. As they don’t answer any of my questions they cannot be trusted to deliver what they say. Colston did say he does not have to be trusted.
No one can identify this mystical committee, including the regulator, so one can conclude they are lying, attempting to scam clients or not paying what is owed. Has any one else come across these two individuals, they are constantly ringing up which is irritating and when challenged to answer questions obfuscate or don’t reply. Something is seriously wrong here!
(1/5)