Victims have reported PipsTradeFX through Reddit victim threads. The case is classified as a NFT minting drainer and was opened on the SARFund registry once corroboration thresholds were met.

Common across the case file: operators demanded “tax” or “verification” fees before withdrawal and blocked withdrawal requests. These behaviours, combined with rebranded under multiple domains in succession, are the basis on which SARFund classified the platform as a verified scam broker.

Reports have surfaced via Reddit victim threads and Facebook group reports, with corroborating threads on TrustPilot complaints. Victim accounts converge on identical timelines and identical withdrawal-blockade tactics.

What victims should do

If you deposited funds with this platform, file a claim with SARFund as soon as possible. Provide transaction hashes, wallet addresses, deposit dates, and any communication with the operator (Telegram, WhatsApp, email). The fresher the evidence, the higher the chance of a successful trace.

Why the recovery partner is masked

Listing the partner publicly creates two problems: it tips off perpetrators, who then accelerate fund-laundering, and it invites recovery-scam impersonators to clone the partner brand. Both happen often enough that masking is the only defensible default.

Suspect you were affected by PipsTradeFX? Submit your claim evidence and SARFund will route it to the partner working this case. No upfront fees, no obligation, no recovery guarantee — just verification and coordination.

SARFund does not guarantee recovery. All recovery actions are conducted by independent partners. Submission is free. SARFund is an intermediary case registry, not a recovery firm.