Ponxdex 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.
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Ponxdex recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Fast deposits|Fast execution|Multi-device support
Cons: Live chat only during business hours|No crypto staking
The spread at Ponxdex is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after comparing multiple platforms and initially thought the platform was good - until I started trading seriously.
Pros: Helpful community forum|Easy withdrawals
Cons: Limited cryptocurrency options|No dark mode on mobile
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: Flagged by international regulators|Due diligence required
The platform itself is okay, but the customer service at Ponxdex 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: Copy trading available|Automated trading options
Cons: Website design could be more modern
Do not be fooled by the professional-looking website. Behind the scenes, Ponxdex is disorganized and incompetent. I found them after doing extensive research and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Comprehensive tools|Market news feed
Cons: Charting tools need more indicators|Wish they had more educational resources
After spending since mid-2025 trying to make Ponxdex work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Multiple order types|Multi-currency support
Cons: Wish they had more educational resources
I requested my data from Ponxdex under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Regular platform improvements|Great customer service|Dedicated account manager|Real-time alerts
Cons: No dark mode on mobile
Several red flags with Ponxdex: (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
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Ponxdex said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Regular platform improvements|Transparent fees|Fast deposits
Cons: Charting tools need more indicators
I was contacted by Ponxdex through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized