Trading can be exciting, but stay cool when it comes to enthusiastic promises. There are many fraudulent online trading outfits,and it seems that Xasic.io is one of them. This broker has no license and is a suspected Ponzi scheme. One giveaway is that they promise 99% returns, which is unrealistically high. This operation says it offers cloud mining, but it seems to be pocketing clients’ funds.
We Have Found Some Problems with Xasic.io
There are many takeaways from Xasic.io’s story. First, don’t trust brokers who don’t have licenses. Any legitimate broker would be eager to have oversight to prove they are reliable. Secondly, Xasic.io has been flagged as a Ponzi scheme, which means it doesn’t offer any services but lines its wallet with customer’s money. Third, its guarantees are unrealistic and can’t be reliable. For all of these reasons, we suggest staying away from Xasic.io.
Red Flags Concerning Xasic.io
No license
False claims
Suspected Ponzi scheme
Lack of transparency
Negative reviews
What Should You Do If You Have an Account with Xasic.io
We do not recommend opening an account with Xasic.io If you do hold an account with this broker, close it right away and ask for a withdrawal of your funds. If the broker will not allow you to retrieve your funds, talk to ChargeBax professionals right away. We will investigate the matter, track down the broker and your funds, and will help you prepare your claim.
