Sallix Capital operates in the Forex and CFDs trading niche. The broker is based in an offshore jurisdiction popularly known as St. Vincent and the Grenadines. To appear legitimate, sallixcapital.com admits that they’re not licensed but can provide you with peace of mind, fair pricing, fast withdrawals, 1-on-1 trading and 24/7 support. Unfortunately, this broker is using reverse psychology to trap you, and if you’ve ever lost money in this kind of bogus trading setup, learn how you can recover it here.

Sallix Capital review and overview

As usual, the website’s domain was registered in December 2022. New brokers like Sallix Capital make the most noise.

Maximum privacy is also maintained as the broker fails to provide information about their company executives.

Marketing materials suggest that the broker has never been incorporated or registered as a business.

This means that whoever is operating Sallix Capital is running the business using a website with no legal backing.

In case you want to sue these folks for any reason, you’d face the challenge of trying to find out the subject that is to be served with this lawsuit.

Sallix Capital claims they’re the number 1 Forex broker. In the real sense, this self-entitlement cannot be justified by anything.

The broker does not have a lot of clients at the moment (because they’re just one month old).

How can they be the best Forex broker if no trader has rated them yet.

Sallix Capital is still an unregulated broker

The broker’s address is situated in a jurisdiction best known for hosting scam brokers like Loyal Primus, Zigber and many more.

The reason for setting up base at St. Vincent and the Grenadines is because this country has extremely weak regulations.

The regulators are feeble. They can’t lift a finger on these scammers.

Fines or penalties are unheard of. Basically the brokers have nothing to worry about when they are doing business from the SVG.

Brokers like Sallix Capital are targeting consumers in well-regulated markets like Australia and the UK.

Problem with this kind of broker is that they don’t adhere to standard industry practices.

They’re not subject to audits by any authority. Basically, they operate in a lawless culture where greed and profits rule the day as opposed to helping clients make money from trading.

How Sallix Capital scams victims

As a matter of fact, this broker is is offering CFDs (Contract for Difference) which are really controversial.

Trading CFDs is a binary outcome game between the broker and his customers.

The broker always wants to make money to stay in “business”. They must use their administrative advantages to achieve this goal.

The playing field is not leveled and for that reason, you will automatically lose your deposit to the broker.

Chances of losing your money with Sallix Capital are as high as 95%. We can rephrase this by stating that over 90% of traders lose money with these brokers.

Wrapping it up

SallixCapital.com is a high-risk to consumers. Their mission is mainly focused on convincing newbies who don’t know much about CFDs or trading simulators.

They’re preying on the greed of consumers who are financially unsophisticated — mainly people who in a young age bracket who would like to try “getting rich” trading Forex CFDs.

The broker is actually selling an illusion to these victims. Once the victim transfers his money to an offshore location, that’s the end of it.

There’s no outsmarting these guys. The only way to protect your money is to ignore the scammers altogether.

Never transfer your money to any broker operating in these shady offshore islands. Never sign up on any of these platforms and do not be pressured with silly bonuses.