Last Updated on December 31, 2022 by Stephan Lindburg
Welcome to our Finixio AI review and scam investigation. It seems the biggest fraud affiliate network operating out of London has grown to become what can only be perceived as a narcissistic behemoth. To that end, this band of jolly robbers has decided to take the name of their thieving company and add the letters “AI” next to it.
The websites promoting this fraud claim that Finixio AI is an AI-powered trading software which delivers “high-quality” signals to your desktop or mobile device. They are also claiming that it is not associated with the “digital media” company carrying the same name. However, we find the similarities to be to close for this to be a mere coincidence. We even identified certain versions of the Finixio AI website which use the same logo as the digital media company. In our book, that makes “Finixio” and Finixio AI one and the same.
Finixio AI Review – Broker Check: In direct contradiction to what you may read, Finixio AI does not partner with regulated CFD brokers. When we registered to conduct our $250 deposit test, the broker which was integrated with our account was named “Coin Centre”. This broker has a registered business account in Belize, which is probably the number one jurisdiction in the world for scammers and money launderers.
To be quite honest, after reading about all the shady business practices Finixio is associated with, we are not surprised in the least bit. There have been more than a few articles that expose how this fraudulent affiliate network does business. However, Finixio (AKA Finixio AI) uses paid press releases and sponsored articles to cover up all the dirt which is available online. This time they went too far and we caught them red-handed with their hand in the cookie jar!
So if you feel like you have to take Finixio AI out for a test drive and risk your hard-earned money, we would like to caution you from doing so. It’s our expert opinion that this trading platform is completely rigged and set to lose your money. It’s best you take a minute and read our review. Our researchers have done all the work so you don’t have to.
Official Website, Login Page, and Members Area: We have spotted 3 (Three) websites claiming to be the official app. They are both scam.
- 1 Scam Evidence
- 2 Finixio AI Fake Testimonials
- 3 Fake Finixio AI Reviews
- 4 Finixio AI: Fake Celebrity Endorsements
- 5 What Is Finixio AI, Who Is Behind It, and How Does It Work?
- 6 Finixio AI Review: Scammers Are Building Wealth, Not You!
- 7 Our $250 Deposit Test: Impressions And Customer Experience
- 8 Testing Review and Methodology
- 9 Diverging Opinions From Different Review Sites
- 10 Back Testing and Strategies
- 11 Finixio AI Pros and Cons
- 12 Patenting And Regulation
- 13 Terms And Conditions
- 14 Safety and Security
- 15 Finixio AI: Careful, All The Alarm Bells Are Ringing!
- 16 Finixio AI Leverage
- 17 Can You Use Finixio AI With Crypto Exchanges?
- 18 Can You Use Finixio AI For Mining?
- 19 Finixio AI: Deposits And Withdrawals
- 20 Finixio AI On Trustpilot, Reddit, and Other Forums
- 21 Bonuses And Incentive Plans
- 22 Finixio AI FAQ
- 23 Taxes Related To Finixio AI
- 24 A Few Working Alternatives
- 25 The Verdict
Here is one website with the Finixio AI logo. Make sure to take a real good look at the registration form and where it says “Bitcoin will reach $318,000”.
Now take a look at the website below which we previously exposed here on ScamCryptoRobots.com. You will see that it is an exact clone and replica of Finixio AI.
This type of behavior is very typical of how these fraud networks operate and should serve as a warning to all traders.
Finixio AI Fake Testimonials
So here we can see the testimonial section in one of the Finixio AI websites. A quick image search reveals that all of the testimonials are forged and used without permission.
Fake Finixio AI Reviews
Almost all of the positive Finixio AI reviews are published by Finixio network websites. One should wonder why that may be, and to be quite honest the only answer which comes to mind is stupidity coupled with some form of delusion. This company has received more than its fair share of negative exposure on watchdog review websites like the OCCRP as well as The Guardian.
This is why our research team is baffled and utterly dismayed as to why this company would expose itself in such an amateurish manner. Still, despite the controversy surrounding this question, there is no doubt that Finixio AI is a scam.
Finixio AI: Fake Celebrity Endorsements
We have spotted at least one fake news campaign which features Amazon Chairman Jeff Bezos. However, we also know that there is another campaign with Tesla CEO Elon Musk that’s being used in the same manipulative manner.
Other celebrities that are constantly being used to promote scams like Finixio AI include the likes of Martin Lewis, Sir Richard Branson, Holly Willoughby, and many others.
What Is Finixio AI, Who Is Behind It, and How Does It Work?
Finxio AI is reportedly an automated trading app which, as the name suggests, uses artificial intelligence to deliver highly accurate signals. However, we believe that to be a lie. In reality, and in direct contradiction to the denial which was stated by various review websites, the people behind this trading app are under the employ of a digital agency named Finixo. We know this because some of the Finixo AI websites use the same company logo used by the digital agency. Again, this can’t be a coincidence.
Finixio AI Review: Scammers Are Building Wealth, Not You!
The con artists behind the Finixio AI scam software have completely lost it. They are using their company name to promote a scam trading robot. Our researchers have found out that the company doesn’t really care. They have staff which is responsible for rolling out a certain number of fake bots on a periodical basis. Apparently the creative team ran out of names so they just used the company name and added the initials “AI” after it.
We view this to be an absolute debacle. When we blacklist a new trading app there is a trail of scam buster websites which follow our lead draft their own reviews. That means Finixio will most likely find themselves having a slew of websites associating their name with scam. To make matters worse, there are also regulatory agencies that monitor this company’s actions. We believe this will provide these agencies with more ammunition, especially if victims make formal complaints on the Action Fraud website.
If you think we are exaggerating or misinterpreted the facts, we recommend you check out the OCCRP article about Finixio and see for yourself who these con artists are and how they operate. Now please check check the screenshot of the image above. You will see that they use the exact same logo as the digital advertising agency uses. This is what we refer to as “the smoking gun”, so unless there is some very sophisticated conspiracy out there designed to make these scammers look bad one would have to assume that they are complete buffoons.
Our $250 Deposit Test: Impressions And Customer Experience
When we made our initial deposit the first thing which was clearly evident was the fact that Finixio AI completely disappeared and “Coin Centre” appeared. Here’s another noodle twister we found to be very revealing. When we received phone call from an account manager named Chris Putnam, he explicitly told us that he was not familiar with Finixio AI and “it was most likely a scam”. After that he insisted that if we deposited an additional $4,000 he could double our initial investment in 24 hours using a few tested strategies.
When we heard that it became very clear that we were about to lose our money, but we still had to conduct the test. Suffice it to say, it took about 10 minutes for our initial deposit to disappear. From that minute on we started receiving incessant phone calls from all kinds of people who asked us to keep investing.
It didn’t help them in the least bit! We refused to top up our account before seeing some kind of return on investment. After a while we started receiving other types of phone calls from a variety of people who offered us to join gambling websites and offered us loans. This is still happening and it seems we will have to change our phone number in order to get it to stop.
Testing Review and Methodology
We have a very strict testing protocol designed to make sure our conclusions are iron-clad and backed up by facts or numerical analysis.
|Checking Sources||Is the information which is presented in the official website(s) viable and crosschecked with other sources?|
|Product Specifications||What is the actual product or service that's being offered?|
|Fact Check||Checking facts and the information which is presented.|
|Performance Check||Checking the figures and performance.|
|Distill The Main Arguments||Making our point in a clear and coherent manner.|
We have added a chart which outlines some of the key parameters we use before passing judgement on a certain app or trading software. This is done for reasons related to transparency of data and research methodologies.
Diverging Opinions From Different Review Sites
We thought it would be a smart idea for us to provide a few excerpts about what other review websites are saying about Finixio AI. So here they are:
➤ An automated trading software which does away with human error. Finixio AI members can now generate more money trading cryptocurrencies.
➤ Here are some amazing features that Finixio AI uses which allow new traders to “feel at ease”.
➤ This software makes trading super-easy by helping traders develop and deploy highly effective strategies in real time.
➤ A “digital trading platform” which everyone one can use. This app specializes in cryptocurrencies such as Bitcoin and Ethereum.
Back Testing and Strategies
The Finixio AI scam trading app does not offer new members any type of access to basic trading strategies or technical analysis. Some indicators such as stochastics, moving averages, or Bollinger Bands are considered a “must have”. Instead, we were offered some type of sketchy strategy by sleazy sales reps that keep repeating the same messages.
Finixio AI Pros and Cons
Our staff whipped up a small chart which outlines the major pros and cons associated with Finixio AI.
We made it very condensed and intentionally short so you could focus on the issues that really matter.
Patenting And Regulation
When it comes to regulatory perspectives Finixio AI leaves a lot to be desired. We tried messaging Finixio AI support regarding ISO certification in the European Union, Australia, and Canada but received no response. The same can be said for certification in CySec, ASIC, or FCA. Our staff also inquired about a patent but there was none to be found. When we asked the Finixio AI staff about this issue no response arrived.
Terms And Conditions
If we take a closer look at the terms and conditions we can see an additional oversite. The scammers say that in case of a dispute, the legal proceedings will take place according to “the laws of England”. That’s a very serious lapse of judgement since there is a blanket ban on CFD’s which was implemented by the FCA some time ago.
So either these people are total imbeciles or it’s a copy/paste job no one really cares about. Either way, the customer should not place too much emphasis on the terms since we are dealing with a third party broker which is an illegal offshore entity.
Safety and Security
We searched for documentation regarding PCI Compliance, which is the security protocol for processing credit card transactions. Once more we came up empty handed. When it comes to firewall settings we found that to be lacking as well. Our security experts told us that any amateur hacker can extract all the personal data very easily from the Finixio AI site. The SSL certificate is also the cheapest you can find.
Finixio AI: Careful, All The Alarm Bells Are Ringing!
Sometimes it can be tricky or challenging trying to ascertain whether a certain trading app is a scam or legitimate. But this is not one of those cases. Finixio AI bears all the hallmarks of a classic CFD cryptocurrency scam. But hold on, there is a special twist. In many ways this fake app is the flagship trading platform of the company which bears its name.
Why would anyone be so frivolous and actually name a product which carries the name of a company with a checkered past is truly puzzling. Still, puzzling as it may seem this fact does not diminish the level of dishonesty which is clearly evident here.
Investor Alert ⚠️: This scheme is currently being very heavily promoted by a variety of sketchy review websites. We recommend you conduct extensive research before investing.
We thought about reaching out and messaging Finixio before publishing this article, but realized that it’s best to just present our readers with the facts and come what may. If the people who are responsible for orchestrating this sham have anything to say they are welcome to message us and explain their actions.
Finixio AI Leverage
This service offers new members a leverage of up to 5000:1. This is a truly insane amount of leverage, and we honestly recommend you refrain from accepting it. That’s because leverage is like a loan, and we have heard more than a few complaints about victims who ended up losing their life savings after risking more than they can afford to.
Can You Use Finixio AI With Crypto Exchanges?
No. It’s not possible to use Finixio AI with any of the popular exchanges such as Binance or Coindesk. If you happen to read a Finixio AI review which makes a contradictory claim, please refer the owners of that site to this page and demand explanations.
Can You Use Finixio AI For Mining?
It’s not possible to use Finixio AI to mine cryptocurrencies such as Bitcoin or Ethereum. If someone is trying to sell you these lies just ignore them or refer them to this page. Finixio AI is a CFD or contracts for difference trading robot and not an arbitrage bot which is used to trade contracts on exchanges.
Finixio AI: Deposits And Withdrawals
Funding a trading account via Finixio AI is a very simple task, but try making a withdrawal and see what happens. We tried and were completely stonewalled, deferred, and tossed around like a ragdoll from one support representative to another. This is very typical for these types of get-rich-quick schemes.
Finixio AI On Trustpilot, Reddit, and Other Forums
We have already started seeing fake profiles related to Finixio AI on forums such as Reddit. Truspilot will make a late arrival for sure since this is standard operating procedure whenever professional crypto spammers like Finixio (AKA Finixio AI) are involved. We urge you to refrain from following any type of advice unless it is provided by expert or experienced traders.
Bonuses And Incentive Plans
Bonuses or comps are constantly offered by sales reps who try to get traders to accept them. That’s because these bonuses “lock you in” since they have trading requirements. For example, the bonus which was offered to us had a requisite of 35 times the deposit including the bonus. That means there is no way anyone can meet the criteria once a bonus is accepted, so it’s best to decline and make sure to document your request in writing.
Finixio AI FAQ
What Is Finixio AI?
Finixio AI is reportedly a trading robot designed to auto-execute buy and sell orders for cryptocurrency contracts. However, our researchers found out that it is a scam and can prove it.
Can I Use Finixio AI To Make Money?
No. Finixio AI is a scam and the only people who will make money if you invest are the con artists who are responsible for promoting it.
Why Are Other Websites Saying Finixio AI Is Legit?
In most cases these websites are part of the Finixio affiliate network. It's only natural that these scammers would promote their own trading robot.
Why Is This The Only Website Not Endorsing The Software?
Actually that's not true. There are a couple of websites that also blacklisted Finxio AI. Try looking at the second page of the Google search.
I Saw An Advertisement On Facebook About Finixio AI. Is It True?
No. Scammers love using fake ads on Facebook.
Taxes Related To Finixio AI
Don’t worry about paying taxes! Taxes are only levied by the local authorities on profits that are generated. Since we already know that you will only lose money if you trade with Finixio AI, there is really no room for concern.
A Few Working Alternatives
OK you made it! This is the section of the review where if you are searching for a legitimate trading app we have some really good options for you. We only pick the best and most profitable trading apps in the industry.
We do that only after we test the app and risk our own money. If the software is consistently in the money we add it to our recommended section where it is made freely available to our viewers.
The Finixio AI scam trading app is not to be trusted. After careful consideration we decided to blacklist this bogus investment platform and advise our readers and subscribers to refrain from joining. We believe our researchers provided ample proof of scam, however should you require additional information or reference please reach out and message us via our contact page.