Warning: Is Odrax Group a Scam?

Warning: Odrax Group (odraxgrp.com) Analysis

Odrax Group (odraxgrp.com) has been identified as a suspected fraud broker.

We found that it is located at Ørestads Blvd. 73, 2300 Copenhagen, Denmark, the phone number is '+48573587965, and the support email is support@odraxgrp.com.

Odrax Group claims to be a investment firm, but it is unregulated by any credible authority, like the ASIC or CySEC.

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Regulatory Check: Odrax Group

Our check reveals that Odrax Group does not hold a valid license.

Trading with unlicensed firms is extremely risky. Real firms are always licensed with agencies like the FCA, CySEC, or CFTC to ensure consumer safety.

Odrax Group operates without this supervision. This means there is no safety net if they keep your funds. Many online scams involve unregulated entities, and getting back funds from them is difficult without professional assistance.

For example, in Europe, unauthorized firms are not covered by the compensation schemes. In America, they are not members of SIPC, meaning your capital is completely exposed.

Warning Signs of Odrax Group

Investment fraud is evolving. Scammers use manipulation to take wealth. Below are common tactics seen in sites similar to Odrax Group (odraxgrp.com).

Dating App Scams

"Pig Butchering" is a brutal tactic where scammers build trust over weeks. They fake a romance online. Eventually, they mention a secret crypto opportunity. It is a lie to get you onto a fake platform like Odrax Group.

Fake Trading Dashboards

Scammers build websites that look exactly like legit trading apps. They have charts and profits that go up. But it is a game. The broker controls the prices to convince you so you invest more. When you try to withdraw, the "profits" are gone.

Red Flags

• Unsolicited Contact: You get calls from "brokers" out of the blue.
• No License: The company has no authorization.
• Guaranteed Profits: They guarantee huge profits with no risk.
• Cannot Withdraw: They refuse withdrawals. They ask for "tax fees" before releasing funds.
• Aggressive Sales: Agents push you to invest bigger amounts.

Ignore positive ratings. Scammers frequently post their own positive comments to appear real.

Conclusion

Odrax Group is not trusted. It appears to be a scam. Save your funds and find a regulated broker. Avoid odraxgrp.com at all costs.