Pipsfxtrade.com is a Scam investment company

[SatoPrincess]

What happened::
A close relative got scammed by a fake Bitcoin investment company by the name of pipsfx. She invested $500 and was paid $1000 the first time. Her profits blew her mind completely and she reinvested $6000. When it was time for her to withdraw her money, she was asked to pay signal fee to which she obliged. Next they asked her to pay commission fee which she did. Again she was asked to pay tax fee to release her money. With this, she discovered the investment was not genuine and there was no way the scammers were going to let her have her money back let alone her too good to be true promised profits.
Payment Method: Bitcoin
Amount scammed: $15,000
b]Scammers:[/b]
Pipsfxtrade.com

Additional Notes: I advise you to not invest with Pipsfxtrade.com company. They are scammers. We are still trying to find a silver lining in all of this.
 https://bitcointalk.org/index.php?topic=5369656.msg58370837#msg58370837

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[acroman08]

is this the company that you were talking about on the other thread that you locked because people started posting thinking that the thread was about the current bitcoin price dip? if so, I suggest including the link to that thread as an additional reference to the issue your relative experienced. anyway, sorry that your relative had to experience something like that.

[YOSHIE]

Yes, thank you for reminding the community here, it's important to prevent more victims.

I briefly checked their reviews, what you said was right.
PipsFX Review – is pips-fx.com scam or good forex broker?
Addition:
Careful.

Pips-fx is owned and operated by KEYDS SCOTLAND LP, a subsidiary of Keyds Lydya Ltd. which is registered in Marshall Islands.

From this accusation it can be concluded:

Pips-fx is a forex broker, registered in the Marshal Islands. However the company does is not under any form of oversight. It also operates the Nostrobank brand, which has several complaints against it in poular online forums. We can’t definitely say they are a scam, but we would advise against trading with them, as the conditions they offer are also not particularly good. Here are the advantages and disadvantages with regards to this broker:

I hope there are no more victims in the future.

[SFR10]

by the name of pipsfx.
~Snipped~
Pipsfxtrade.com

You forgot to edit/correct that part.

Pipsfxtrade.com

Archived

We are still trying to find a silver lining in all of this.

I hate to tell you this but don't get your hopes up, especially after how most of the registrars, governments, and some of the exchanges do little to nothing to prevent such things from happening.

• The platform that successfully scammed a close relative of yours, is just a small part of a larger group of scammers:
  ^{- Scroll down on their pages, and you'll see the similarities!}
  
  
  • TradesPips.com ^[archived]
  • E-TradePips.com  ^[archived]
  • Trade.AdvancedMinersFX.com ^[archived]
  • PriorTradesFX.live ^[archived]
  • MetaTrades.live ^[archived]
  • WallsCapital.net ^[archived]

Despite what I've said earlier, the following links "might" come in handy:

^{Note: AFAIK, most of them aren't providing their services to individuals, but they might come in handy + I prefer to not vouch for their services [DYOR].}

• Chainalysis
• Crystal Blockchain
• AML bot
• CipherBlade
• Elliptic

[Rruchi man]

There are a lot of scam investments companies these days leveraging on an individual's desire to have an investment to secure their future. With bitcoin being one of the foremost investment someone can have these days, some of these so called investment companies online have made it the key subject of their investment "Bitcoin investment" to entice and swindle unsuspecting, naive and greedy individuals of their money. The tell usually for most scam investment companies is the ROI and the percentage promised, as well as payout time which usually is ridiculous and too good to be true. Investment enthusiasts should always be on the lookout for such.

[ScamViruS]

The huge amount of profit they are promising is unrealistic, because no company can survive long enough to return such huge profits to investors. So it is easy to assume that they created this website just to scam greedy investors.