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This article has the following information:

• What is known about Phoenix Invest;
• Irrefutable arguments that Phoenix Invest are scammers;
• Additional indications that Phoenix Invest is a scam.

Even worse, it had an emotionally tangible impact on me. Not only have I lost a tangible amount due to the fecklessness of Phoenix Invest, but the whole ordeal has left me feeling betrayed and strongly distrustful of the investment industry. I can't get rid of the unpleasant thoughts of the dozens of hours dedicated to resolving difficulties and recovering financial losses triggered by the fraudulent nature of this company.

As we can see, the investor not only lost money and nerve cells, but also did not get any positive trading experience, only disappointment in trading. If you look at other reviews there is generally the same content. The most frequent reason is that Phoenix Invest does not withdraw money. People also mention that the employees of Phoenix Invest are extremely unqualified. We have also read many reviews about Phoenix Invest and its employees who use obvious manipulations and insults when talking with traders. The review of a white brokerage firm should show otherwise, or at least it should not be that bad. Also the reviews of Phoenix Invest show that Phoenix Invest is an obvious swindle.

In this piece of material there is this information:

• How a normal brokerage firm's platform should be set up;
• What about the Phoenix Invest site;
• Comparison of a good brokerage platform with what Phoenix Invest has;

Entrusting your investments to Phoenix Invest is a decision you will definitely regret, as I did after all this. I am left with the sad reality that this is the worst thing that could have happened to me as a trader, and I think that personal experience will serve to forum users who, are considering entrusting their funds to this deplorable brokerage company."

As stated above, Phoenix Invest and its managers are not exempt from aggressive sales pitches, insults, show enviable stupidity, use marketing tricks such as promises of exorbitant earnings, and fake reviews. The documents at the web page of Phoenix Invest are not present, not even the public offer agreement, but there should be legal documents which confirm the broker's authorization for brokerage activity, registration papers and probably some regalia. The situation on Google is almost the same as with the reviews, they are all boilerplate. The fact that Phoenix Invest does not withdraw funds is a common sign of a scam. The representatives of Phoenix Invest also like to send bad signals that are not only impossible to earn money on, but on the contrary, all the money is lost. Criminals often give such signals in order to earn more commissions and fees, although it is more about consultants of white investment companies, which are engaged in scams in this way. But the excessively frequent technical failures of the Phoenix Invest platform are also a standard sign of a scam.
A savvy investment platform should be available in both mobile and desktop versions. In today's fast-paced world, traders must be able to access their brokerage platform on the go. By the way, you can follow the fast-changing situation and quickly sell or buy an instrument, if there is a good reason to do so. A proper platform should have an adaptive mobile application, as well as a full-fledged desktop version, in order to meet the various desires and requirements of investors.

In addition, an extremely important feature of a cool trading platform is robust security features. Ensuring that users' individual information and financial resources are protected is key. In a good trading platform, sufficient security features, such as two-step verification, encryption and secure socket layer (SSL) methodology, must be in place. All these and other things are meant to firmly protect traders from scams, account theft or hacking into the investment platform with a big data leak. None of these features are present in the Phoenix Invest platform.

A quality trading platform must have a nice interface. A well-made, subliminally understandable user interface is essential for a trading platform. This ensures that investors will be able to easily navigate the platform, manage their accounts and conduct transactions with ease. There is nothing like that on Phoenix Invest. By the way, we know many different platforms and it is a pretty close thing for us, but on this site it is difficult to navigate, in spite of the vast experience.
A good brokerage platform should have a variety of investment options. A quality brokerage platform must offer a wide range of trading solutions, including stocks, bonds, ETFs, mutual funds, options, futures and other securities. This enables clients to protect their accounts against risk and gain access to different asset classes. There is a very huge number of instruments on the Phoenix Invest platform, but the catch is that Phoenix Invest is a scam and transactions in these assets are not real, it is all not happening in reality, like in a game. When you buy silver through the Phoenix Invest platform you don't really buy anything because Phoenix Invest is not regulated and therefore not allowed to cooperate with international markets and thus you don't really buy anything through a broker in the international market. By the way, the Phoenix Invest platform not only has a bad usability, but also is quite aesthetically ugly.

It was clear from the beginning that the qualification and competence level of Phoenix Invest is clearly close to zero. Their platform was invariably unreliable, with regular technical failures and a user interface that can only be described as clumsy and confusing. This alone made transaction execution frustrating, but the problems did not end there.

What else should be present on the site of a normal broker? Research tools! A brokerage platform must give clients access to research tools and resources. These can be financial news, analyst articles, brokers' financial reports, technical analysis tools and more. These resources enable investors to make reasoned investment decisions rather than doing anything else. And how can one make good investment decisions if all Phoenix Invest has on its platform is a calendar? Real brokerage firms care about their clients' ability to make the right decisions, because this has a direct impact on the overall perspective of the partnership between them.

What are the opinions on Phoenix Invest talking about? Exclusively about the deception and total incompetence of Phoenix Invest representatives. The ratio of positive and negative opinions is definitely in favor of negative ones. Favorable reviews on Phoenix Invest are similarly not so simple. The fact is that all responses are too complimentary and they are published quite recently and almost at the same time. All this suggests that these positive reviews are fake. Below is one such review:
"Phoenix Invest is a great organisation! The company has a brokerage license. I get 250-300% of my total capital a month and I spend 15 minutes a day on it all. I recommend Phoenix Invest to everyone!"
A great firm indeed! One that has the ability to make the average investor a millionaire in a couple of years, because the investor will be able to earn 150-200% per month. We think it's obvious that this is not a real review.
Here's another review on Phoenix Invest written on Reddit:
"Phoenix Invest is the coolest broker in the world. I cannot understand why this broker is not number 1 in Europe and the States yet! The services are very profitable and the analysts at Phoenix Invest are the most qualified. I have been trading with this company for about two and a half years and I'm doing great.
And we too are perplexed as to why this broker isn't already number one... among scammers.
It should be noted that the people who were scammed are not even aware of the fact that Phoenix Invest exists for about half a year, but certainly not for several years and that this person is supposedly working with Phoenix Invest. We don't have any facts to prove that the managers of Phoenix Invest are "very smart".

Of course we are referring to the lack of regulation. The regulator has many functions, including inspection of brokerage houses, inspection of the firm's representatives, control of the financial component, investors and monitoring of the firm's liquidity. But the most important duty of the regulator is to prevent money manipulation. Money manipulation can look very different, an example being the withdrawal of an investor's money without their permission, or the misuse of a trader's money in transactions they did not authorise. Shortly before the 2008-2009 crisis, major US financial institutions did this on a massive scale. Through the regulator, the trader may, for example, get his money back. The regulators have their own criteria by which they verify the competence of the staff of financial institutions, including trading firms. This, in turn, guarantees that investors are dealt with by professionals. Phoenix Invest does not have any authorization for brokerage activities, not even a license from some fictitious government agency.

Now let's compare what Phoenix Invest offers with a normal average firm. How should a normal brokerage platform work? A good investor platform is the main tool for customers to gain access to global markets and to make informed investment decisions. A good platform must have both cents and a virtual one in addition to the standard one.

The facts stated above are enough to make only true conclusion about the Phoenix Invest essence. We have made our decision and have seen everything to be 100% sure.
We left our contact data and a Phoenix Invest manager contacted us and immediately started to propose to make a {much more money}. The Phoenix Invest manager used aggressive sales strategy, some silly flattery. We funded our account for the minimum amount of 25$ and decided to try the signals of this broker. What happened after that? We lost most of the money in a few transactions and tried to withdraw the money, but it wasn't transferred to us. A representative of Phoenix Invest called again and tried to convince me to withdraw the money and moreover to refill the account and open trades again and according to him if I had done so I would have been compensated. However, it is unclear why the staff could not just reimburse the losses without giving more personal money to the manager. It's not hard to understand that if I had done that, they still wouldn't have refunded the money, not a cent.

In brief, essentially nothing. The firm was founded last year. Where exactly it is registered is unknown. No credible information has emerged in just over six months of operation of the brokerage company. There is only bad information about the company, but first things first. We decided to try and find information in the Internet on the location of the company's legal address but we didn't find anything. The owners of Phoenix Invest, on the contrary, try to be as open and transparent as possible to inform their clients, so that the clients understand who they are going to entrust their money to.

What happens when you or someone else spits on all the facts mentioned in this article and decides to try trading with Phoenix Invest? Let's look into it. Let's take a review of Phoenix Invest from the Trustpilot website:
"I am leaving this review to share my painful experience with Phoenix Invest and to warn potential investors before they even think about handing over their personal hard-earned money to this company. In my many years of trading experience I have never come across a worse brokerage company and this has given me a nasty taste in my mouth and a big decrease in confidence in trading in general.

When it came to the main aspect of trader support, I got very angry. Their staff were either unresponsive or unable to resolve my issues with any semblance of professionalism. I thought I was talking to a chatbot and my requests for help were left ignored. In that situation I promptly needed support in a situation of critical market movement, I was stranded, which ultimately resulted in me losing a huge amount of money.

You have seen everything with your own eyes. Phoenix Invest is different even among scams. The firm is to the point of being horrible that there is no place to put a stigma on it. Opinions on Phoenix Invest, which doesn't seem artificial, are rife with criticism. Users keep on shouting that investments are not returned, managers are insulting, the platform is uncomfortable, it constantly hangs, there are only unpleasant memories from interaction with Phoenix Invest. If you don't want to suffer the same fate as other traders, under no circumstances leave even your personal data on Phoenix Invest website, or if you have already done so, block the numbers of managers immediately and do not pay any attention to them. If you take the risk of discussing anything with them, there is a risk that scammers with their skills and experience of trickery will succeed in deceiving you and stealing your money. Because scammers don't just offer investment solutions, they can gain trust, befriend their victims, entice them by promising very high earnings.