Fxmarketpundits

Note: Fxmarketpundits official website: https://fxmarketpundit.com is currently inaccessible normally.

Fxmarketpundit Information

Fxmarketpundit is an unregulated broker falsely claiming to be licensed in Cyprus. Its website lacks credibility and provides misleading information about its operations and services.

Pros and Cons

Is Fxmarketpundit Legit?

Cyprus or respectable bodies like the FCA (UK) or ASIC (Australia) have no control over Fxmarketpundit. Its dubious assertions of control make it a dangerous financial investment broker.

What Can I Trade on Fxmarketpundit?

Fxmarketpundit promises to provide forex, bitcoin, and CFDs, but it lacks the required infrastructure or licencing to back up these assertions.

Leverage

Leverage up to 1:1000 is available on Fxmarketpundit, which is much more than the restrictions imposed by licensed organisations. High leverage raises the possibility of enormous losses even while it also offers the possibility of large gains.

Trading Platform

Deposit and Withdrawal

Although Fxmarketpundit says it accepts a variety of payment options, the majority of conventional ones (credit cards, bank transfers) reroute to Bitcoin. This affinity for cryptocurrencies comes with risks, as scammers often use them and the transactions are irreversible.