PixPal Review 2023 – Is it a Scam or Legit Broker?

Is PixPal Scam or Legit?

The PixPal site is done better than many other scams. It may seem like a legitimate organization Companies like PixPal are experts at hiding their true identities.

The first legal statement is the most impressive in that it can manipulate the user. It is about the fake certification from the Financial Services Commission of Belize, which we find on the website. We know it’s fake because we didn’t find the broker’s results on the regulator’s registry of licensed persons. So, in fact, PixPal is not regulated in Belize, and no matter what they say, it’s a lie!

Further on the site you can see a mention that the project belongs to a real company. In particular, we are talking about the organization PIX POINT CONSULTING LTD. And such a company does exist. It was actually registered in 2016, specifically on February 11. At the moment it is active. But there is one nuance, the field of activity of the company is “70229 – Management consulting activities other than financial management”.

Then we can move on to the strange section in the footer where we are told that PixPal has a liquidity provider called FBS Markets Inc. FBS is one of the largest and most regulated brokers, so we don’t even know how to comment on this lie. This is clearly a statement designed to be misleading, and yet its inclusion seems odd. It is not a legitimate legal requirement, which means that users should not rely on it.

PixPal is an obvious scam and a risk to all. It is not regulated and is a waste of time.
Choose only trustworthy and reliable brokers. You can read about the best ones in our article Best online brokers in 2023.

What Is Known About PixPal Trading Conditions?

Trading through PixPal is offered in currency pairs, precious metals, crypto, indices, securities, and commodities. The following conditions are offered:

• Spreads from 0.0 pips;
• Leverage 1:500;
• Starting deposit from $500;
• There is no commission for deposit;
• Super fast execution;
• The balance of the account cannot go below zero;
• twenty-four-hour technical support.

Every day new scam brokers and trading bots appear on the web with only one goal – to steal your money. We have already exposed some of them, for example – Palmer Finance Company, Empire Swiss, PoloTrade365.

Reviews and PixPal Reputation

PixPal is a company that has received many negative reviews. These reviews say that customers are unable to withdraw their funds. PixPal has a rating of 2.6 on Trustpilot. Almost 95% of the commenters convince other traders not to become victims of a scam. They all talk about brazen deception and how they have never been able to withdraw their money.

PixPal: Video

You can also write a comment under the video on our YouTube channel to tell other traders about your experience. But if you’ve already been a victim, contact us for a free consultation by filling out the form at the top of the page.
Below you will find a short video about PixPal. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about PixPal!