Jp-ex.io Review: Ponzi scam
The service that they are touting is Jp-ex.io or Japan Exchange.
This fake exchange has nothing to do with Japan or Japan Exchange Group (JPX).
From our extensive research, it is most likely based in Shenzhen China.
The poor japanese and english translations on the website are notable, most likely coming from google translate.
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Who is Jp-ex.io?
This broker is an HYIP. These schemes have specialized the art of luring customers with extremely high rates of return on investment. Theirs is just a matter of time and not if they are a scam. What they do is pretend to be paying the first few customers so as to get referrals. Once they hit their target they just disappear with your money.
One of the services in Jp-ex.io is called Arbitrage, which promises over 40% returns from bullshit arbitrage technologies. All you have to do is to just deposit the money and you will receive the returns daily.
Is it safe to invest with this broker?
It is definitely not safe to invest in this illegitimate broker.
HYIP schemes cannot be trusted. They often lure investors to put in their money then vanish with it once their target has been reached.
There is no evidence of regulation for this broker. Unregulated brokers can never be trusted as they are fond of breaking regulations. They always disappear to thin air since they are not answerable to any watchdog.
For legitimate brokers please click here.
Jp-ex.io is a scam.
They are using a cheap trick of luring investors with crazy profits. Whenever a broker is not regulated do not be tempted to put in your money however lucrative the deal may seem to be.
Unregulated brokers are high risk ventures to even think of investing your money in.
Do not allow yourself to be scammed.
Have you been scammed by this broker? CLICK HERE to recover your money.