Cryptocurrency Exchanges

Muskdex

1.4 (14 reviews)
🇳🇿 New Zealand
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1.4
14 reviews
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About Muskdex

Muskdex has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Complaint process is a maze

L
Lindsey R.
1 weeks ago

After for over a year with Muskdex, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.

Pros: Social trading features|Stable platform|Educational resources|Demo account available

Cons: Nothing significant|No live chat on mobile

Look elsewhere - many better options

A
Aaron S.
1 months ago

After using Muskdex for a couple of months now, 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|Easy withdrawals|API access|Clean UI

Cons: Nothing significant|Mobile app could be improved

Mobile app loses orders

I
Iris L.
3 months ago

I had a dispute with Muskdex and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.

Pros: Regular updates|Segregated accounts|Portfolio tracking tools

Cons: Slow to add new assets

Something doesn't add up here

B
Brian H.
3 months ago

Several red flags with Muskdex: (1) They promise unrealistically high returns, (2) They're not registered with Financial Markets Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.

Cons: Listed in warning databases|No transparency|Pressure to invest quickly

Please save yourself the headache

G
Gabrielle V.
4 months ago

The platform at Muskdex is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for over a year of dealing with this, I have had enough.

Pros: Risk management tools|Instant funding|Economic calendar

Cons: Inactivity fee applies after 12 months

Affiliate program does not pay

D
Diana F.
7 months ago

Opened my account with Muskdex based on a colleague's recommendation and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.

Pros: Easy to use platform|Great customer service|Fast support response|Demo account available

Cons: Search feature is basic

KYC process is a nightmare

W
William A.
8 months ago

I trusted Muskdex with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.

Pros: Two-factor authentication|Good analytical tools|Great customer service

Cons: Spreads widen during volatile periods

Check regulatory status before investing

O
Olivia G.
9 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.

Pros: Information is publicly available for verification

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

Social trading is fake

L
Lauren T.
10 months ago

The mobile app from Muskdex is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.

Pros: Social trading features|Reliable uptime

Cons: Website design could be more modern|No fractional shares

Cannot withdraw funds - classic scam

M
Mark D.
10 months ago

I invested $25,000 with Muskdex after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Markets Authority.

Cons: No regulatory oversight|Money disappeared|Fake testimonials