PSI Markets Review – Is Investing in PSI Markets Safe?
In searching for a trustworthy trading platform, investors always look at reviews to inform their decisions. Not everything that shines is gold, though. PSI Markets, which operates on https://www.psi-markets.com/, has come under severe criticism for fraud. With alarming user reviews, warnings by the government, and multiple red flags, it’s crucial to dive into an in-depth PSI Markets review and see what’s real.
About PSI Markets
Company Name – PSI-Markets
Website – https://www.psi-markets.com/, https://www.psi-markets.com/trading/
Address – Tavernier Street, Wall house, Loubiere, Dominica, DOMINICA
Regulatory Warning – Financial Conduct Authority
PSI Markets Scam – Real Warnings, Real Victims
Official Warnings from the FCA
The Financial Conduct Authority, a well-established financial regulator in the United Kingdom, has made a public warning against PSI Markets. That indicates that the broker is not licensed and shouldn’t be doing business and yet it’s still doing it, which is a very big problem.
What People Are Saying – Real User Stories
Trustpilot: “Poor” Rating, 2.4 Stars
PSI Markets only has a 2.4 on Trustpilot, which is “poor.” All the reviews say basically the same thing promises, pawn shop phone salespeople, and no way to get your money out.
“I worked for $160k, then they froze my account. I couldn’t take out one dollar.
“They were hounding me to put more money in my bank. I tried to withdraw, and they ghosted me.”
Reddit: Same Story, Different Victims
Users on Reddit contributed their own disturbing experiences:
- They made one user lose €250 and said the company insisted on them downloading additional software just for “verification” purposes.
- Another referred to it as “fake,” informing that he was forced to put in a higher deposit but fortunately withdrew before it was too late.
PSI Markets Review – Major Red Flags
Looks Legit, But It’s a Facade
Their site can appear all glossy and professional, but don’t be deceived. No license, no disclosure, and no simple accountability.
Can’t Get Your Money Back
This is the largest gripe. Users attempting to withdraw funds are roadblocked. They’re required to install dubious software, or worse, their accounts freeze.
Pushy and Manipulative Tactics
Profits are ‘guaranteed’ all over the place, all a big lie.
Quick Overview – What you need to know
- Unregulated
- Withdrawals refused
- High-pressure sales tactics
- Bad reviews across the board
- Official warning by the FCA
FAQs – People Also Ask
Is PSI Markets safe to trade with?
No way. The FCA already issued a warning to the public regarding this broker.
What do I do if I’ve been defrauded?
Cease to communicate with the broker and contact a recovery expert.
Need Help Getting Your Money Back?
If you have been scammed or are currently being scammed by PSI Markets or any dishonest broker, remember that you are not the only one; also, help is available to you. Scams Report is a reputable source for assistance. Our professionals work on behalf of financial fraud victims to recover lost funds, file formal complaints, and take action against scam businesses.
We provide free consults, no-obligation advice, and organized programs built to help get others their money back. Don’t let these scammers win; contact us and make the first move to recovering your money today.
About Scams Report
Scams Report is an authentic platform that offers financial fraud victims assistance in fund recovery services, legal guidance, and chargeback. We aim to help individuals recover lost funds and make informed financial decisions. With informative blogs that are regularly updated, we expose fraudulent brokers and investment scams; thus creating awareness and safety among traders worldwide.
We have continually monitored these emerging scam tactics on the internet to lure new traders. Over a decade of experience tracking activity from scams has given us a wide database of this dishonest company’s data. Our List of SCAM Brokers is solely for you to identify and avoid them in the market.
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Disclaimer: This review is based on online reports and customer complaints. Always research carefully before investing with any broker.