Is Phoenix capital group legit?

Can anyone confirm if Phoenix Capital Group is legit?

They say they give back 9% every year for their 3-year bonds, which is pretty good. They share on Instagram as phoenixcapitalgroup. You can find the website for this investment here. I don’t trust things I see on social media easily, so I want to make sure it’s not a scam or something risky.

I’m also interested in other investments besides stocks or real estate to have a diverse portfolio. Thanks!

Certainly! Phoenix Capital Group has garnered positive reviews and operates under regulatory oversight. Here are some key points:

  1. Customer Reviews:
  • On Trustpilot, Phoenix Capital Group Holdings, LLC. has an excellent rating with 253 reviews. [Customers appreciate the integrity of the team and timely payments]
  • [The Better Business Bureau (BBB) gives them an A+ rating, and customers mention on-time payments and ease of dealing with the company]
  1. Regulatory Compliance:
  • Phoenix Capital Group operates under regulations set by recognized financial authorities. [This ensures adherence to established standards, providing confidence in its legitimacy]
    3*. Services:*
  • Phoenix Capital Group specializes in providing factoring services to trucking and transportation companies. [They are members of the International Factoring Association and the Commercial Finance Association]

In summary, based on customer experiences and regulatory compliance, Phoenix Capital Group appears to be a legitimate entity. Try it ! :wink:

Phoenix Capital Group appears to be a legitimate company offering investment opportunities, specifically in high-yield bonds within the energy sector.

Founded in 2019 and based in Denver, Colorado, Phoenix Capital Group has garnered attention for providing accredited and non-accredited investors with options to invest in the lucrative energy market.
They offer annual yields ranging from 9% to 12%, and their bonds pay interest monthly.

As for diversifying your investment portfolio beyond stocks and real estate, Phoenix Capital Group’s offerings could be an intriguing option due to their focus on energy bonds.
These investments are presented as potentially less risky compared to energy stocks, though it’s essential to understand that like any investment, there is no guarantee of returns.
Moreover, Phoenix Capital Group’s bonds are not FDIC-insured, which indicates a different risk profile compared to traditional savings or CD accounts​ (ConsumersAdvocate)​.

I agree with you on that VictoriaC