Cryptocurrency Exchanges

DETRX (Imposter)

1.6 (11 reviews)
🇳🇿 New Zealand
Visit Website
1.6
11 reviews
5
0
4
0
3
0
2
6
1
5

About DETRX (Imposter)

DETRX (Imposter) has been flagged by Financial Markets Authority for "Registered/Licensed entity impersonators|Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

Write a Review

Not regulated - verified this myself

E
Edward J.
2 months ago

I was about to invest with DETRX (Imposter) but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Markets Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.

Cons: Unauthorized firm|Found in IOSCO warnings database

Joint account not supported

E
Emily J.
3 months ago

I experienced a security concern with my DETRX (Imposter) account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.

Pros: Two-factor authentication|Automated trading options|Dedicated account manager|Personal attention

Cons: Charting tools need more indicators

Total fraud - reported to authorities

K
Karen L.
4 months ago

Tried to withdraw my funds from DETRX (Imposter) and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.

Pros: Professional looking website

Cons: Withdrawal fees demanded|Communication cut off|Not authorized

Worst decision I made this year

L
Lily L.
4 months ago

After using DETRX (Imposter) since the beginning of the year, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.

Pros: Automated trading options|Quick verification|Social trading features|Good analytical tools

Cons: Spreads widen during volatile periods|Limited social trading features

Important information for potential investors

D
Diana V.
4 months ago

This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.

Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction

Would not recommend to others

A
Amber S.
4 months ago

My withdrawal from DETRX (Imposter) was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for a couple of months now of being strung along.

Pros: Full transparency|Regular platform improvements|Great customer service

Cons: Onboarding videos are outdated|Cannot customize dashboard fully

Took my money and went silent

L
Luke D.
4 months ago

Do not be fooled by the professional-looking website. Behind the scenes, DETRX (Imposter) is disorganized and incompetent. I found them through my accountant's suggestion and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.

Pros: Good analytical tools|No hidden fees|Reliable uptime|Intuitive for beginners

Cons: Email notifications too frequent

Platform down more than it is up

V
Vincent D.
4 months ago

DETRX (Imposter) has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.

Pros: Great customer service|Real-time alerts|Low minimum deposit|Transparent fees

Cons: No integrated tax optimization|Live chat only during business hours

I cannot say a single positive thing

M
Mia T.
6 months ago

The platform itself is okay, but the customer service at DETRX (Imposter) is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.

Pros: Instant funding|Transparent fees|Social trading features

Cons: No crypto staking

Commission structure changed retroactively

M
Marcus A.
11 months ago

I referred a friend to DETRX (Imposter) through a podcast recommendation. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.

Pros: Demo account available|Intuitive for beginners|Easy withdrawals|Market news feed

Cons: Search feature is basic|Some tools only available on higher tiers