Score

1.35 /10
Danger

Fxmining-expert

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index5.73

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

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Warning: Low score, please stay away!
Previous Detection : 2024-12-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Fxmining-expert · Company summary

Note: Fxmining-expert' official website: https://fxmining-expert.com/ is currently inaccessible normally.

Fxmining-expert Review Summary
Founded/
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsCurrencies, commodities, cryptos
Demo Account
LeverageUp to 1:5000
SpreadFrom 3.3 pips (Starter account)
Trading PlatformMT4
Min Deposit$500
Customer SupportLive chat, contact form
Email: Support@Fxmining-expert.com
Address: 72 Broad St, Reading RG1 2AF, United Kingdom

Fxmining-expert is an online trading platform based in the United Kingdom. It utilizes the popular MT4 to trade on their various trading products. However, it operates without regulatory oversight. The minimum deposits required are too high. And their website is not available now.

Fxmining-experts homepage

Pros and Cons

Pros Cons
MT4 trading platformUnregulated broker
Inaccessible website
High minimum deposits and spreads
Limited funding methods

Is Fxmining-expert Legit?

Fxmining-expert is an unregulated broker.Therefore, it operates without oversight or regulation from any financial authority. Besides, their website is not accessible.

No license

What Can I Trade on Fxmining-expert?

Fxmining-expert presents currencies, commodities, and cryptocurrencies. Cryptos include Bitcoin, Ethereum, Litecoin, Ripple, and Zcash.

Tradable Instruments Supported
Forex
Commodities
Indices
Cryptocurrencies
Shares
ETFs
Bonds
Mutual Funds
What Can I Trade on Fxmining-expert?

Account Type

Fxmining-expert offers six kinds of live accounts including the Starter, Basic, Bronze, Silver, Gold, and Platinum accounts with the minimum deposits of $500, $3,000, $6,000, $20,000, $50,000, and $100,000 respectively. These accounts are extremely high and the regulated brokers offer regularly the minimum deposits of $100.

Account comparison

Leverage

They offer a variety of leverage options for different account types. The leverage ratios available are as follows: Starter (1:300), Basic (1:500), Bronze (1:700), Silver (1:1000), Gold (1:5000), and Platinum (1:5000).

Fxmining-expert Fees

Fxmining-expert offers different spreads across its various trading account types:

Account TypeSpread
StarterFrom 3.3 pips
BasicFrom 3.3 pips
BronzeFrom 2.2 pips
SilverFrom 1.5 pips
GoldFrom 1.0 pips
PlatinumFrom 0.5 pips

Trading Platform

Fxmining-expert claims it supports MT4 to trade on their products. MT4 is a robust and user-friendly system that is suitable for traders at all levels of expertise.

MT4

Deposit and Withdrawal

Fxmining-expert accepts deposits and withdrawals via Bitcoin, Litecoin, Ethereum, Payeer, and Perfect Money.

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FX1327242360
more than one year
Price hit my take profits, but somehow this broker manipulated the spread so much that my TP was not activated… customer support team is not professional, they just cannot understand what I was taking about…
Price hit my take profits, but somehow this broker manipulated the spread so much that my TP was not activated… customer support team is not professional, they just cannot understand what I was taking about…
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2023-03-06 11:48
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