Tag: PaxForex

Introducing Forex Rebate And Broker Promotion Platform FxCash!

Pavel Kalashnikau is the beneficial owner, shareholder, and director of the Estonian registered FXCash OÜ, the operator of the Forex rebate service platform FxCash. The idea is that you register on FxCash as a trader, open an account with one of the listed brokers and get back up to 95% of the spread from each trade, a cashback service for Forex. FxCash is mainly used by offshore brokers but, unfortunately, also by broker scams.

Attention: Black-Listed Offshore Broker PaxForex Continues To Solicit Clients Despite U.S. Ban!

PaxForex has been operating as an offshore broker for many years. In 2020, the U.S. regulator CFTC brought a lawsuit against St. Vincent & Tthe Grenadines registered operator, Laino Group Ltd. The FBI seized the domain www.paxforex.com. Since then, the offshore broker has been operating with the domain www.paxforex.org. The offshore entity has disappeared, but the website lists it as the operator. Stay far away.