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Carnival Forex -

Score

1.43 /10
Danger

Carnival Forex

China

2-5 years

Suspicious Regulatory License

White label MT5

Regional Brokers

High potential risk

https://en.carnivalforex.net

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Comparison

Quantity 4

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.37

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

Carnival Forex Limited

Company Abbreviation

Carnival Forex

Platform registered country and region

China

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 4 for this broker in the past 3 months. Please be aware of the risk!

WikiFX Verification

Exposure

4 pieces of exposure in total
Pyramid scheme complaint
Expose
Scam

Unable to access the website

Unable to access the website to withdraw. The website is no longer available. Scam!!

FX3123461806
2022-04-27 05:47
Unable to Withdraw

Usual scam

From altered graphics on non-existent transactions, to requests to send more money to withdraw.

Francesco Aragona
2022-01-02 19:32
Scam

Carnival Forex / Wealth Sailing Forex is scam

Avoid dealing with Carnival Forex /Wealth Sailing Forex. Their website can't be access so you are unable to withdraw money. Do not transfer money to below account.

FX3123461806
2022-04-27 18:56
Unable to Withdraw

Blackmailing scam

They blackmail you to send more money before withdrawal. They break all regulations and rules (see my screenshots and evidence)Most likely they till disappear if I send more money (I've been scammed before the same way. Back then I sent them more money). Company owner and its info is changing all the time (see screenshots). Websites contact information does not exist. E-mail does not exist nor telegram account. My withdrawals getting rejected.

FX2447365799
2022-02-20 16:31
Carnival Forex · Company summary

Carnival Forex

Basic Information
Registered Countries N/A
Regulation No License
Minimum Deposit N/A
Maximum Leverage N/A
Minimum Spread N/A
Trading Platform MT5 trading platform
Trading Assets Forex, CFD products
Payment Methods N/A
Customer Support Email

General Information

Established in 2021, Carnival Forex claims that it is an online trading broker providing a series of forex and CFD trading products. Since Carnival Forexs official website cannot be opened for now, we were unable to collect more essential information about its account types, minimum deposit, leverage, spreads, and more.

Carnival Forex is the trading name of Carnival Forex Limited., and it is not subject to any regulation to operate illegally. And thats why WikiFX has given this broker a very low score of 1.29/10. Please be aware of the risk.

wikifx-score

Leverage

Trading leverage cannot be found anywhere. Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.

Trading Platform

What Carnival Forex provides is the industry leading MT5 trading platform. However, given the fact that this broker is not regulated at all, clients are not advised to choose it.

Customer Support

Carnival Forex is not easily reached, and clients can only get in touch with this broker through sending an email: cs@carnivalforex.com.

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Pros & Cons

Pros Cons
None No regulation
Poor website contents
Inaccessible official website

Frequently Asked Questions

Is Carnival Forex regulated？

No, Carnival Forex not regulated.

What items can I trade with on Carnival Forex？

Since Carnival Forexs official website cannot be opened, we could not figure out what trading assets it provides.

What is the maximum leverage available？

The maximum trading leverage that is available on the Carnival Forex platform is not mentioned.

User Reviews

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User comment

3

Comments

Write a review

Brian chan
more than one year
I was pressured by the advisor to put in more amount which I did. I put in quite a lot so I could get higher returns but as time went by he was not willing to release my earnings and only kept asking me for more, I couldn't pay any of the outrageous fees anymore.
I was pressured by the advisor to put in more amount which I did. I put in quite a lot so I could get higher returns but as time went by he was not willing to release my earnings and only kept asking me for more, I couldn't pay any of the outrageous fees anymore.
Translate to English
2023-02-21 14:37
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哇哈哈60621
more than one year
Scam scam big scammers... I should have realized that Carnival Forex was a scam as when they call you can never click on missed call and get through to them.
Scam scam big scammers... I should have realized that Carnival Forex was a scam as when they call you can never click on missed call and get through to them.
Translate to English
2022-12-12 13:52
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4