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Forexmax Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-08-13 17:51

Abstract:Registered in the United Kingdom, Forexmax is a financial services provider offering related services to its clients. As the official website of this company is not disclosed, we could get more details about this company’s business operation. Forexmax is the trading name of Forexmax Ltd, which holds an Investment Advisory License authorized by Financial Conduct Authority (FCA) in UK, Regulatory License Number: 229906.

  Note: Forexmax's official website: https://forexmax.com/ is currently inaccessible normally.

Forexmax Information

  Forexmax, a search shows that the broker was registered in 1998 and is domiciliated in the UK at Cedar Lodge. Spekes Road Hempstead, Gillingham, Kent England. ME7 3RS.

  Customer support is available through the broker's telephone numbers on +44 163436 4877,4401634364877 and email max@forexmax.com, info@forexmax.com.

  However, the current regulatory status of the broker is suspected of cloning, which is deceptive. Investors should be careful to distinguish and prevent risks.

Forexmax Information

Is Forexmax Legit?

  The UK FCA regulation (License number :229906) claimed by the broker is suspected of cloning. Therefore, the broker currently has no effective regulations. Please be aware of the risks!

FCA
Financial Conduct Authority (FCA)
Current StatusSuspicious Clone
Regulated byUnited Kingdom
License TypeInvestment Advisory License
License No.229906
Licensed InstitutionNexedge Markets Ltd

Downsides of Forexmax

  • Unavailable website

  The broker's official website is not accessible, which may mean that it is not possible to obtain market information and execute trading orders in a timely manner.

  • Lack of transparency

  Lack of transparency leads to information asymmetry, which increases investment risk and damages the interests of investors.

  • Regulatory concerns

  Regulatory status is suspected of cloning. In the case of illegal operations, investors' capital safety and transaction security will be seriously threatened.

Conclusion

  In summary, shortcomings such as the inability to access Forexmax's official website, lack of transparency, and regulatory status suspected of cloning will have a negative impact on it, while harming the rights and interests of investors.

  It is not recommended that investors trade with this broker, please choose a formal and qualified broker to protect the safety of personal funds.

Related broker

Suspicious Clone
Forexmax
Company name:Forexmax Ltd
Score
1.60
Website:http://forexmax.com/
5-10 years | Suspicious Regulatory License | Suspicious biz area | Suspicious Overrun
Score
1.60

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