PIX Trade Is it safe? Can you trust it? Understand the case

PIX Trade has become known for its compelling proposition: an app that serves as an investment platform for individuals, who can take advantage of it to earn money.

But do you know what PIX Trade really is? Is it truly reliable? In this article, we'll shed light on all these questions and provide you with more information about PIX Trade.

Stay tuned to the end and find out more!

• Is PIX Trade reliable?

What is PIX Trade?

PIX Trade is an application aimed at individuals interested in investing. This platform operates primarily by simulating financial transactions, offering new users the option to open a demo account, which offers a valuable opportunity to test their trading skills without risking real money.

It's also worth noting that the name PIX in the app has no connection to our well-known instant payment tool, PIX, which is widely used in Brazil.

So, simply put, PIX Trade is an app designed to help you make investments (real or simulated) and, from them, earn money.

How does PIX Trade work?

Investment strategies in PIX Trade are highly customizable, adapting to both the investment amount and the time period over which it occurs.

With PIX trade, you have a simple interface that will give you more advantages when investing.

When you open the app, you'll see a chart where you can decide whether you want to speculate on gains or losses, as well as how much you want to invest.

This chart is updated in real time, providing real-time information on investment performance. Therefore, with just a few clicks and a short wait, the user can immediately assess whether they've made a profit or suffered a loss.

It is worth noting that the Demo account on PIX Trade provides a balance of R$ 10 thousand for testing purposes, which allows virtual investors to practice and improve their strategies without any financial risk.

In other words, you can test the demo account without spending anything, thus understanding how the platform works. Then, you'll be able to use your money to make informed investments.

How to operate with PIX Trade?

Trading with Pix Trade is no different from trading with other investment systems. Therefore, we recommend that you first use a demo account to fully understand the system and then invest with real money.

To operate, you must:

1. Access the Pix Trade app.
2. Have a registered account with your personal data.
3. Invest amounts according to your profile and the operations that take place in the app.
4. Monitor investments, seeing any variations that may occur during periods.

From then on, you always have the values available to know whether or not you are actually making a profit with your investment in PIX Trade.

Simply put, trading on PIX Trade is like investing on any other platform, except you'll be using an app that makes the payments for you.

What are the risks of PIX Trade?

Like any investment platform, PIX Trade has its risks, which can result in you making or losing money.

Therefore, it is important to be aware of the risks of this platform, as with any other investment platform:

• Market Risk: This risk is related to fluctuations in asset prices due to economic or political events, or changes in general market conditions. Investments in stocks, bonds, and mutual funds are particularly exposed to this risk.
• Credit risk: Also known as default risk, it is the possibility that the issuer of a debt security (such as corporate or government bonds) will not meet its interest and/or principal payment obligations.
• Liquidity Risk: Refers to the difficulty of selling an investment quickly without significantly affecting its price. Less liquid investments, such as real estate, may be more susceptible to this type of risk.
• Exchange Risk: Investing in assets from other countries exposes investors to the risk of exchange rate fluctuations. This can affect the value of the investment when converted back to the local currency.
• Concentration Risk: Investing in a single asset, sector, or region can increase risk, as the performance of a single asset can significantly impact the overall performance of the portfolio.
• Inflation Risk: Inflation reduces the purchasing power of money over time. If investment returns don't outpace the rate of inflation, the investor may lose purchasing power.
• Interest Risk: This risk applies primarily to bond investments. If interest rates rise, existing bonds with lower rates may depreciate.
• Risk of Specific Events: Unpredictable events, such as natural disasters, sudden economic crises, or corporate scandals, can negatively affect the value of investments.

Therefore, it's important that you're aware of these risks so you don't run into problems when investing with PIX Trade.

Can you make money with PIX Trade?

If you do some research, you'll notice that PIX Trade is a divisive topic. While some say it's possible to make money, others say it's not, that it's just simulations and that there's no real profit to be made with PIX Trade.

With the demo account, you have a virtual R$ 10,000 to test and get to know the platform. However, to make a profit, you'll need to invest real money.

Therefore, if you're thinking about investing with PIX Trade, test it first and see if it's really worth it so you don't lose your money.

Remember that every investment can face issues of appreciation or loss of money during the process.

What is PIX Trade's reputation?

It's important to know the app's reputation before using it, so you can be sure you won't run into any problems:

Complain here

On Reclame Aqui, Brazil's largest review site for apps, banks, and other services, you can truly find out how companies operate.

In the case of PIX Trade, it is rated as “Not Recommended” and there is no rating for the company, as they do not respond to any of the complaints.

In general, problems are related to failed withdrawals, real money investments that did not generate any profit, discounts, lack of contact with the company, among others.

Apps (Apple store/Google play store)

In the iOS App Store, the PIX Trade app is no longer listed as available. Several others with similar names appear in its place. However, none of them have user reviews.

On the Play Store, PIX Trade Pro has an average rating of 3.4. This rating is based on complaints about all the issues also mentioned on Reclame Aqui, such as scams, money invested that doesn't get back, and others.

Is PIX Trade reliable?

Overall, it's hard to say that Pix Trade is trustworthy, as it has several issues.

The official PIX Trade website lists offices located in several countries, including the United States, Russia, Japan, China, India, and Singapore. However, there is no direct or reliable information.

The website presents information in both English and Portuguese, which shows that it was developed from a standard layout without really having accurate information.

When accessing the app, there's a button for contacting via WhatsApp. Unfortunately, when trying to use the number provided, it's clear that it's not linked to the app and, consequently, is not working.

Likewise, the email doesn't seem to work. This all makes trading with real money on Pix Trade quite unsafe and potentially costly.

What other investment options are similar to PIX Trade but safer?

If you want to enter the world of investing, it's crucial to deepen your knowledge. Regarding PIX Trade, we recommend exploring more established and reliable alternatives.

With these alternatives, you can be sure that your money won't be lost among fake investments.

Among the safe alternatives we recommend are:

• Nu Invest: Nubank is the brokerage for Nubank, Brazil's largest digital bank. It offers a simple and intuitive investment platform, focusing on fixed income and investment funds.
• C6 Invest: is the brokerage for C6 Bank, a digital bank that offers a complete investment platform, with fixed income, variable income and investment fund products.
• Bull: is a digital brokerage that offers an investment platform focused on equities. It offers zero brokerage fees for some asset classes.
• XP Investments: is a traditional brokerage firm that offers a complete investment platform, with fixed income, variable income and investment fund products.
• Binance: is a cryptocurrency broker that offers a crypto asset trading platform.

Frequently asked questions:

[faq]