NEONSKY (neonskyfx.com) claims to offer forex and CFD trading services with “high returns.” However, our investigation reveals alarming red flags 🚩. This review uncovers why NEONSKY is a risky, potentially fraudulent broker and why traders should avoid it at all costs.
Red Flags and Warning Signs
🔴 Regulation (Major Red Flag!)
- No legitimate regulatory license (FCA, CySEC, ASIC, etc.).
- Fake claims of regulation—always verify via official regulator websites.
- Unregulated brokers pose high fraud risks with no legal protection.
🔴 Website Analysis & Transparency Issues
- Generic design, lacking key details (real address, company background).
- No verifiable contact info—only a web form or unresponsive email.
- Missing legal documents (Terms & Conditions, Privacy Policy).
🔴 Trading Platform & Technology
- Uses unknown proprietary software (not MetaTrader 4/5).
- Reports of manipulated spreads, slippage, and fake profits.
🔴 Unrealistic Promises & Scam Tactics
- “Guaranteed profits”—a classic scam sign. 🚩
- Aggressive sales tactics pressuring deposits.
🔴 User Reviews & Complaints
- Withdrawal problems—users report blocked accounts and ignored requests.
- Negative feedback on forums (e.g., Trustpilot, Forex Peace Army).
🔴 Hidden Fees & Opaque Pricing
- High commissions, unexpected charges—not disclosed upfront.
🔴 No Verifiable Company History
- New domain, no credible track record.
Pros (If Any)
❌ None found—overwhelming red flags outweigh any superficial positives.
Cons (Summary of Risks)
- Unregulated & likely a scam.
- No transparency (fake address, hidden fees).
- Withdrawal issues—users can’t access funds.
- Fake profit promises—classic fraud tactic.
Trusted Alternatives
Instead of NEONSKY, use regulated brokers like:
- eToro (FCA, CySEC regulated).
- IG Group (globally trusted).
- Plus500 (ASIC, FCA licensed).
Conclusion: Avoid NEONSKY!
Our investigation confirms NEONSKY (neonskyfx.com) is a scam. With zero regulation, fake promises, and stolen funds reported, do NOT deposit money.
🚨 Already scammed? Contact ReclaimBlock for fund recovery assistance.
Leave a Reply