Doxton Group Review: Safeguard Yourself Against Deceptive Practices
What is Doxton Group?
Doxton Group is an online brokerage that guarantees the greatest trading conditions, including quick execution and zero spreads on thousands of products. However, several alarming red flags suggest that Doxton Group may not be a real or safe investment platform.
Doxton Group Website – www.doxton-group.com and www.doxton-grp.com
Website Availability – NO
Address – NA
Warning – Ontario Securities Commission (Ontario) – OSC
Domain Blacklisted Status – It seems there is no direct mention of this domain being on a blacklist.
Red Flags Associated with Doxton Group
- No Valid Regulation: The broker itself has no regulatory authority recognized in the world today. Also, the Ontario Securities Commission (OSC) has put a warning with respect to Doxton Group on the dangerousness of this platform.
- Anonymous Ownership: The website’s owner is hiding their identity using a WHOIS-paid service, which raises concerns about transparency.
- Low Website Traffic: The website does not have many visitors, indicating a lack of credibility and trustworthiness.
- Same Registrar as Scammers: Several known scammers and fraudulent websites use the same domain registrar as Doxton Group, further raising suspicions.
- High-Risk Cryptocurrency Services: The website has been flagged for offering cryptocurrency services, which can be highly risky, especially when operated by an unregulated entity.
- Recently Registered Website: The domain has only been registered recently, meaning it lacks a long-term track record.
- Non-Functional Website: The websites (www.doxton-group.com and www.doxton-grp.com) are currently not functional, which is a major red flag for potential investors.
Doxton Group Review: Is it a Scam?
Looking more closely at reviews of Doxton Group, the disturbing pattern becomes evident. Numerous clients complained about slow-speed customer support, hidden fees, and withdrawal issues. Since Doxton Group has not licensed operations for securities trading in Ontario, potential investors should beware of putting in any funds.
How to Recover Lost Funds
If you have lost money to Doxton Group, you are not alone. Many investors fall victim to unregulated brokers, but recovery is possible. One reliable service that specializes in fund recovery is Lycan Retrieve.
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