Comission before payout

By Maja Grgec, from Croatia (Hrvatska), July 1, 2023 at 07:38 AM


I am registrated at
They are asking commission of 10% before the payout.

Do you have any information about this company?

sincerely, Maja

Answer: Hi Maja Grgec,

Based on our research SignnixlitemarketTrade is not a reliable company to sign with. In fact, there are many issues we were able to reveal, and some of them are the following:

  • The broker seems not to have any license. There is no mention of the broker’s registration, which means that the broker is not regulated. It is a well-known fact that non-regulated brokers are not trustworthy. They can operate their business however they wish, thus putting the trader’s investments at risk.
  • Besides, the broker mentions its address (Dudley House 169 Piccadilly Mayfair, London W1J 9EH). Apparently, this is a UK Address. However, all the brokers located in the UK should hold an FCA license, which is not the case with¬† SignnixlitemarketTrade.
  • Another red flag is the lack of feedback and reviews from traders. This can indicate that the broker is new in the market, although on its website it brags about its services and experience. Our advice is, to only choose brokers with proven experience and good standing. See our list of regulated brokers.

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