According to information provided by an investor, FX6-decode is a pig butchering scam.

Click here to see how the Pig Butchering Scam works.

The investor met a "woman" online and was lured into investing and trading with FX6-decode. As the investor invested more and more of his principal, FX6-decode then froze the investor's account on suspicion of money laundering and demanded that the investor pay a verification fee.

Reminder 1: Any trading platform that asks you to pay fees upfront (such as taxes, deposits, verification fees, access fees, etc.) to withdraw funds or unfreeze your account is a scam.

Do not pay any fees as scammers only want to scam you for more money, but will not let you withdraw your funds.

In addition, checking the website of FX6-decode and its jumping URLs easily reveals that it is an extremely crude fake website (cloning the logos and information of several forex brokers such as Decode Global).

And the site does not provide any details about the company it belongs to, its regulatory license, valid contact information, etc. It is an anonymous and high-risk platform.

If you trade with such a platform, your money and personal information are not safe.

Jumping from the FX6-decode website to another cloned website

NFA Search Results

According to information provided by another investor, Nitrex is a new Ponzi scheme which is also an unregulated and high-risk platform.

They lure new investors into trading mainly by posting high-yield investment opportunities in Telegram groups.

Eventually these investors will be stuck in a situation where they can only deposit but not withdraw, or invest more money and only withdraw small amounts.

Click here to recognize common investment trading scams to avoid being scammed.

Click here to see how to check if a broker is safe.

If you are a victim of a scam, click here to see what to do after being scammed.

Reminder 2: Don't trust individuals or organisations who claim to be able to get your money back - they may be selling hope and scamming you again. This is especially true if they ask you to pay in advance, which is a "recovery scam".

FxGecko advises that you should always be cautious when you come across investment opportunities that promise high returns with little or no risk. These are likely to be scams.

You can check the forex broker or exchange's rating, license, customer complaints, risk tips and other information on FxGecko APP before you invest to avoid scams.

⚠️Stay away from low rated, unregulated trading platforms!