The site is managed by Sharp Global LLC, registered in Ukraine. It is worth noting that the company claims to be present in “a wide range of countries that are all over the world” and is trusted by “hundreds of thousands of traders”. However, the project owners did not disclose details about its history. No financial regulator may yet be monitoring the firm’s activities.
How reliable is this platform? In our Staxonix review, we will investigate reliable information about this broker and conclude its legitimacy.
How to Trade
The company provides access to “thousands of assets” to make money trading Forex/CFD. It has developed 4 standard pricing plans with demo accounts on each. In addition, Staxonix offers clients:
- MetaTrader 5, MetaTrader 4, WebTrader, and mobile trading platforms.
- Leverage from 1:50 to 1:400.
- Islamic account without swap rates/fees.
The minimum spread is 0.9 pips. The “Commissions” section does not contain any specific fee values.
Market Reviews, Webinars, Comtrade Ebook, and Video on Demand are available to all registered users.
Staxonix Vital Info
It is noteworthy that on its official website the brokerage company indicates 1997 as the launch date. However, its domain was not created until March 2024. In addition, the firm does not disclose the names of organizers and managers, although all honest brokers do this. Finally, it is strange that the interface does not support the Ukrainian language.
We did not find Sharp Global LLC from Ukraine in the official registers of registered legal entities. In addition, it is not on the lists of 58 firms located at the address of its headquarters in Kharkiv indicated on the site. As for the license, we found this information in the “Regulatory Acts” section of the website: “Regulation is carried out by [insert name of the regulatory body]”. We dare to assume that the process of licensing is underway, but so far the broker’s financial activity remains outside the legal field.
The owners and employees of the company promise us big profits because according to their predictions, we can become a successful and wealthy person in a short period by trading CFD on Forex, as well as crypto, which, of course, has nothing to do with the real state of affairs. The essence of this intermediary is very simple - it is an exact likeness of their past brokerage company Stocknix, which disappeared along with traders' money. I think that STAXONIX will not live long either, because it is not really a broker.
The reliability of the company is usually of the highest priority because the most important thing is the safety of your funds. This is out of the question here, because there are no guarantees, and how can a broker who does not have a license give them?
This project suits me the most, and that's why I can recommend the new platform to everyone, as all traders can multiply their capital on Staxonix. First of all, I can note that the project has great potential, which is a very important factor in any business. The issue with licenses has not been settled yet, which is quite acceptable for a young project, but you will be pleased with the availability of demo accounts, low entry threshold, and free training, which is always useful, because even experienced traders always need it, without learning new skills it is impossible to earn a decent profit nowadays. So the staff of the company do their job great, the help and support on staxonix.com is very useful. And if we talk in detail about my profit, then in three weeks of work I have already reached a stable income of at least $400 per week.
I became convinced of how many scammers exist in the forex sphere. And this resource also belongs to false-firms, which only do that deceive people. Scammers don't have any license, no regulator monitors the activities of staxonix. It should be immediately clear to you that at the first withdrawal request you will be blocked and denied withdrawal, for they can afford it easily. As soon as I saw this registration address: Kharkiv, Ukraine, my fears about fraud were confirmed and intensified. What can a company that operates without regulatory control do with your money?! and which one is registered in a place where there's a war? Who actually registered this? It's a fake firm like 1 million other scam sites on the net. Yes, the owners of staxonix.com of course know that Ukraine is now on the front pages of all the world's media, and they decided to warm themselves by this fire, but these crooks most likely have never been to this country, they only know how to take money from people and never return it to them. I couldn't contact them as they don't give their phone number, and I'm not going to leave my contacts and I don't advise you to. My conclusion is as follows: staxonix is not a brokerage company, it's a forex trap, which lures clients into its snare in various ways, and then does not give money back to clients. This is a typical forex scam, pure and simple. What should you do with such a service? You should ignore it and pass it by, it's better that way. Any contact with a scammer will harm you - it will always end badly for you.
The trading process attracts me most of all here on the MetaTrader 4 platform, because everything is clear to me, because the interface of the system is familiar to me and I like it very much. Also I can sincerely praise the managers who work here and help you to get into all the subtleties, especially for beginners, because they will teach you everything in a week and you can practice then on a demo account. I came here already having a good experience in forex trading, but it was hard for me to understand cryptocurrency on my own. However, after the training course, which lasted a little more than a week, I gradually got into all the nuances and now I can easily earn, as bitcoin trading brings me good income, because this month I have already withdrawn 400 dollars. The broker has disadvantages, it is, for example, that Staxonix has a registration in Ukraine, which today I'm not very happy, and it has no licenses. If we talk about the pluses, there are not so many, but they inspire me with cautious optimism - I can get profit and my money is not lost, I can not call the employees and owners of this company fraudsters. The main plus is that the terminal works stably and withdrawal of money occurs without problems. I do not plan to quit trading here, so far I'm almost satisfied with everything.
I started trading here recently with a minimum deposit. Then the manager called me and offered to use some additional services. These were trading signals with a high level of passability and insurance of a part of the deposit. I, of course, agreed. I had to supplement the deposit by up to 10,000 dollars. In the end, after 2 weeks, my 10,000 turned into $150 which I can't even withdraw now :(