Selwix Broker Review – Is selwix.net a Safe or Scam?
In this Selwix review, we explore the claims and reality behind the platform’s operations. Selwix launched in 2020 as a crypto-staking solution built on its blockchain infrastructure; nevertheless, many alert signs suggest that such could be a possible risk to investors.
Website – https://selwix.net/
Address – 5 St Bride St, London EC4A 4AS, UK, London, United Kingdom
Regulatory Warning – Not Recommended By Review Website Like Report Scam
Domain Blacklisted Status – Selwix.net has been flagged and listed on at least one online security blacklist, indicating potential risk. This suggests the site may be unsafe or involved in suspicious activities.
Lack of Regulation
One of the most significant problems is that Selwix operates without the necessary regulations. A regulated broker provides some degree of security and compliance. Selwix’s lack of regulation means that users have no legal recourse in the event of a dispute or loss of funds. This alone is a significant red flag for any investor.
Transparency Issues
Selwix lacks basic transparency:
- No contact details are listed—no email or phone number for support.
- The owner’s identity is hidden using a WHOIS protection service.
- It’s registered through a domain provider known for hosting fraudulent websites.
Such practices raise serious doubts about the broker’s legitimacy.
Doubtful Platform Reputation
User Reviews and Trust Scores
- Trustscore: 1/100 – Extremely poor
- Scam Detector Rating: 20.3/100 – Labeled as “Suspicious, Unsafe, Doubtful”
- Most reviews about Selwix are negative, especially on platforms like Reddit.
- The platform has a high number of reviews despite being very new, which raises suspicion.
High-Risk Features
- Claims to offer crypto staking services but lacks evidence of real performance.
- No available trading software or demo accounts for verification.
Final Thoughts
This Selwix review highlights multiple concerns including a lack of regulation, hidden ownership, and poor trust ratings. Selwix has all the trademarks of an outright scam despite its shiny looks and ostentatious promises. Any investor is therefore well advised to steer clear of this platform and opt for regulated brokers with credible verification.
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