Konnaxvest Review – Don’t Get Dragged Down To The Rock Bottom

Konnaxvest company is owned by Bright Future Loans LTD. Allegedly, this company is incorporated in the United Kingdom. But we all know how strict the country is regarding investments, even though millions are stolen from people yearly.

In any case, you can find all the pros and cons of investing in this company. Since there are primarily cons, we recommend you read this Konnaxvest review carefully.

Legal info: Is Konnaxvest legit or a Scam?

Any company that can guarantee you a 100% return on investment in a week is a fraud. Especially if they are trading for you in the financial market. Not to mention if they are doing that without regulations.

Most importantly, Konnaxvest company has no licenses, starting with FCA, BaFin or ASIC. On the contrary, they were slapped with a warning from the FCA.

Who are Konnaxvest clients?

By looking at the who.is database, we found that the company was registered in 2022. For that time, they were mainly targeting a few countries. Those are:

•     Mexico
•     France
•     Brazil
•     United States
•     Paraguay

Let us know what’s your experience with this company in the comment section below. But if you want to start the chargeback process right away, contact us directly.

Traders’ Experience

Even though there are only 4 comments about the company, 75% of those are negative. But that’s only on Trustpilot.  There could be many more on other platforms and many more unwritten.

In any case, after a warning, you should avoid this company at all costs. However, if you got caught in their scamming net, book your first free appointment with our experts already today.

Leverage, Commissions, Spreads, Fees and Taxes

Konnaxvest is not a standard broker and they don’t have spreads or leverage. But they should have some kind of commission and fees. Yet, they don’t. Without it, practically everything looks like a Ponzi scheme.

They require you to deposit more money for bigger returns. But nobody guarantees those are not the funds from some other person who deposited more than you. Ultimately, nothing is transparent with this company, and that’s one more reason not to invest in it.

Konnaxvest Trading Features

Since the company is investing on your behalf, they don’t need to reveal any trading software. Instead, traders can only get access to their fictive portfolio on a web-based account. Keep in mind that such platforms are easily accessible through the back end. Therefore, anything you see there could be fake.

Available Trading Assets

The investment portfolio with Konnaxvest company is quite unusual, even though few standard options are available. This company claims to invest in:

•     Forex
•     Real Estates
•     Bonds
•     Crypto

Account Types

There are 6 investment plans to choose from. Of course, you get higher returns only when you deposit more money. Your options are:

•     Standard – $300 – 10% ROI weekly
•     Premium – $1.500 – 15% ROI weekly
•     Elite – $11.000 – 20% ROI weekly
•     Veteran – $21.000 – 25% ROI weekly
•     Diamond – $50.000 – 35% ROI weekly
•     Platinum – $100.000 – 100% ROI weekly

Mobile Trading App

A mobile trading app without transparent software is just science fiction. In any case, you have the option to log in to your account via phone. Just through the browser instead of a dedicated iOS or Android app. 

If you want to learn why the trusted app is valuable in the trading world, read our Forex Trading Market review.

Demo Account

A demo account is not a part of the Konnaxvest offer. Instead, they expect you to trust them with your money blindly. After all, they promise you return, so what’s the worst that could happen? However, many things can go wrong with unregulated brokers. To find more, we encourage you to check our AlfaCapital24 review.

Education

Konnaxvest investment firm doesn’t offer any educational package. After all, they are so-called experts. Luckily, if you are still reading this Konnaxvest review, you will learn how to stay protected.

Konnaxvest Withdrawal

Important to realize is that withdrawal conditions are practically unknown. Neither does the company reveal any of the methods, fees, or processing time. Consequently, it’s not surprising they got a warning from a trusted regulator. It’s just a matter of time before others will pile up.

Customer Support

After this in-detail analysis, you can’t trust Konnaxvest support either. Even though they provide phone numbers, e-mail, live chat, and WhatsApp as options, they can still feed you with lies. Without regulations, they can simply ignore all your requests, especially regarding withdrawals.

Key Information To Consider About Konnaxvest

Once you start listing the disadvantages of investing with this company, you realize nothing is positive. Starting with the lack of regulations, warning from the FCA, and missing transparency. Not to mention the non-existent withdrawal policy, commissions, and fees.

Generally speaking, anyone can crack under pressure and fall for some fairy tale. The most important thing is to recognize and escape when you are trapped. Sometimes, it’s as easy as applying for a chargeback. But sometimes you must use advanced technology, like CipherTrace for crypto tracking. To find out your best option, contact our experts for advice.

FAQ Section