Pipvertex Scam Warning: Unlicensed Forex Broker, Domain Suspended

"Pip" is the term for the smallest movement in a currency price; Pipvertex takes its name from it and presents itself as a forex broker aimed at experienced traders. The FCA added the platform to its list of unauthorised firms in June 2026.
🔍 The Traces Pipvertex Left Behind
- Domains: pipvertex.com, pipvertex.co and, as the client panel, client.pipvertex.ac
- Phone: +44 7441 901863 (a UK mobile line)
- Registration: pipvertex.com was registered on 28 November 2025; today it is suspended with a "client hold".
Keeping the main site and the client panel on different extensions is a common method for continuing from another address when one is shut down.
🚩 How Does the Scheme Work?
In schemes of this kind the client panel imitates a real trading platform; the balance and profit figures exist only on the screen. When a withdrawal is requested, a "verification fee" is demanded first, then a "tax". This cycle, built on displayed profits, is the clearest sign of how to tell a fake forex broker apart.
🔗 Platforms Running the Same Scheme
- Crown Flow Trade: a CFD panel with an FCA warning
- Trade Morphix: a balance that grows on screen
- Pinnacle Purex: extra fees demanded at withdrawalTR
🧭 Next Steps
Pipvertex is not authorised in Türkiye by the Capital Markets Board (SPK); SPK Decision No. 8/297 treats overseas leveraged platforms of this kind as unauthorised activity. If the payment was made through crypto, the tracing of money transferred to a crypto exchangeTR comes into play, followed by the process that runs from investigation to indictmentTR. For detailed information and legal support, you can contact Savun Law & Consultancy.
❓ FAQ
Does client.pipvertex.ac belong to the same operation?
I was called from +44 7441 901863. Is this Pipvertex?
Is Pipvertex the same as other platforms with "Vertex" in their name?
My balance shows on Pipvertex but I cannot withdraw. What can I do?

Questions & answers · Istanbul Bar Association 75235
Lost money to this platform? Ask our lawyer.
Write your question and Attorney Veli Savun will answer it on this page. You do not need to give your name.
Example questions — tap one and adapt it to your situation:
Answers are general information only; they do not create a lawyer–client relationship and are not legal advice on your specific case. All questions & answers →
This page is an English adaptation of our Turkish article Pipvertex (pipvertex.com / pipvertex.co) Forex Dolandırıcılığı.
More from Forex & CFD Broker Scams
- Doo Prime Scam Warning: Withdrawals Blocked, Fake Clone Sites
- The Trade Masters Scam Warning: ASIC Alert, Claimed BVI Licence
- Tender Trader Scam Warning: FCA Alert on MDXT Systems
- afstrusteeswiss.com – Scam Misusing the AFS Trustee Swiss Name
- Rich Corporation Limited Scam: Fake SFC Licence Claim
- kairosbridge-ag.com: Clone Site Misusing Kairos Bridge AG Name