Warning: Is Howzex a Scam?

Howzex (howzex.com) Review

Our team strongly advise you to stay away from Howzex (howzex.com).

Howzex claims to be a investment firm, but it is unregulated by any credible commission, such as the FCA or SEC.

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Regulatory Check: Howzex

The major sign is that Howzex (howzex.com) is unauthorized to operate.

Trading with unlicensed brokers is extremely unsafe. Trusted firms are always registered with bodies like the FINRA or FCA to ensure consumer safety.

Howzex lacks this protection. As a result, there is no legal recourse if they steal your money. Most online scams use unregulated entities, and getting back funds from them is challenging without professional assistance.

For instance, in the UK, unauthorized firms are outside the jurisdiction of the compensation schemes. In America, they are not part of SIPC, so your capital is completely exposed.

Common Scam Tactics

Investment fraud is evolving. Fraudsters use psychological tricks to steal your savings. Below are typical tactics used by sites similar to Howzex (howzex.com).

Dating App Scams

"Pig Butchering" is a brutal method where scammers groom victims over months. They build a friendship on social media. Once trust is built, they mention a secret crypto opportunity. It's a trap to lure you onto a scam site like Howzex.

The "Bonus" Trap

Scammers create websites that look exactly like legit trading apps. You see graphs and balances that increase. But it is a simulation. The broker manipulates the numbers to convince you to deposit more. If you ask for a payout, the "profits" are gone.

Red Flags

• Unsolicited Contact: They call you from "brokers" out of the blue.
• No License: The company has no authorization.
• High Returns: They promise huge profits or risk-free trades.
• Cannot Withdraw: They refuse withdrawals. They ask for "tax fees" before releasing funds.
• Pressure Tactics: Agents pressure you to deposit more.

Ignore fake reviews. Fraudulent brokers frequently write their own positive reviews to look legitimate.

Final Thoughts

Our verdict is to block Howzex. It appears to be a fraud. Save your funds and use a regulated broker. Avoid howzex.com at all costs.