About Extick
🗺️ Registered inNo Registration
🗺️ Type of LicenseNo License
🛡️ Is Extick safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerGO Markets - licensed by ASIC in Australia

Is Extick a scam or legit broker?

No, it is not safe to trade with Extick. Extick is a newly established online trading provider, which establish their operation since July 2018 and offers CFD and Cryptocurrency instruments. Estick offers individuals the ability to trade a variety of digital assets through a web-based simple interface of a trading platform. The company states their address in London, UK while the operation performed through the owning company PPSAI GROUP LIMITED.

Extick Review

However, in order to be legit firm and offer financial investment service to the public, the company should maintain and prove its sustainable positions, as well as apply various rules in order to deliver safe trading conditions. All this is established and controlled strictly by the local authority FCA (Financial Conduct Authority), while it is mandatory to obtain an FCA license before you start the trading business. Yet, Extick didn’t bother to receive a license and to be authorized. Therefore, who knows which kind of business they are doing, willing to deliver and especially how they will treat the investors’ funds. Still, the company is a very fresh issue and there is no evidence or confirmation of their fraud nature, yet the operation with no license is definitely a good start for brokerage.

We advise all investors and traders to avoid Extick and other unregulated brokers. The lack of information about the broker’s regulation, trading conditions, and contact details should be the biggest red flag for those who plan to invest with the entity. Usually, such companies run investment scams. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as City Index and XM.com.

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2 responses to “Extick”

  1. 100% scam. I’ve lost a lot of money with these clowns. There is no doubt they are scammers. I’ve been pushed around for a year and they still call me for more money even though they know they’ve wiped me out! Still trying to play me with false promises. DON’T ‘INVEST’ANYTHING with them. You’ll never see your money again. They have also now had to dissolve Extick and are now trading as ExtickPro which would be hilarious if it wasn’t so serious. There is nothing ‘pro’ about them!

  2. I too have lost a substantial amount of money $852k and yes they call me to spend another $100k to release my investment. Beware of them , Matt Harris , Dean Smith , James Cramer , Henry Adams, Matthew Roth.
    The sheer audacity of them is such that I do have an account with them > If I log in to the account i can see my money there teasing me. I wish i had read the signs earlier and stopped but I was naive and trusting
    This is a push payments scam

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