Score

1.38 /10
Danger

FXMUNDO

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index5.98

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

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Warning: Low score, please stay away!
Previous Detection : 2024-12-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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FXMUNDO · Company summary

general information and regulation of FXMUNDO

FXMUNDOit was registered in china less than 1 year ago and currently does not have any regulatory license. the information on their website is quite limited.

In the following article, we will analyze the characteristics of this merchant in all its dimensions, offering you easy and well-organized information. If you're interested, read on.

At the end of the article, we will also briefly extract the most significant advantages and disadvantages so that you can get an idea of ​​the broker's features at a glance.

información general

market instruments

currency pairs, indices, raw materials, metals, energies, cryptocurrencies, stocks, bonds, etfs… FXMUNDO gives its clients access to a massive trading market. So beginners and sophisticated alike could find what they want to trade on. FXMUNDO .

instrumentos

spreads and commissions to trade with FXMUNDO

FXMUNDOIt does not detail on its website the additional trading costs of spreads, commissions, swaps, which are very important when calculating profits and losses. these costs should be considered together and not chosen in isolation, and if you want to trade with FXMUNDO We recommend that you take some time to calculate these trading costs.

trading accounts available at FXMUNDO

FXMUNDOdoes not provide account information. As a general rule, a forex broker will offer several different levels of live accounts with different trading conditions (leverage, spreads, commissions, etc.) depending on the minimum deposit. In addition, many brokers offer demo accounts in which those interested can operate without incurring real monetary losses. Since interest is prohibited by law in Islamic regions, some brokers also offer Islamic accounts, which do not charge swaps.

trading platform that offers FXMUNDO

FXMUNDOit offers the sirix platform instead of the usual mt4 or mt5, so if you are not familiar with this platform it may take some time to get used to it.

plataformas de trading

Leverage monximo of FXMUNDO

on the website of FXMUNDO We did not find information regarding commercial leverage. There are forex brokers that offer leverage up to 1:500, but new users are advised to trade with caution with such large leverages.

Deposit and Withdrawal: methods and fees

FXMUNDOIt is imprecise as to how deposits and withdrawals work. bank transfer, mastercard, visa, maestro, and a number of e-wallet processors such as skrill, neteller, paypal, and others are some of the most frequent and popular payment alternatives handled by most forex brokers. The speed with which funds can be withdrawn from a forex broker is one of the most important factors in establishing the broker's credibility.

education in FXMUNDO

Generally, the educational resources offered by FXMUNDO There are not many, since numerous other brokers offer courses, videos, a digital library, market analysis, among other tools.

customer service of FXMUNDO

Languages: English, Spanish

It was very strange that we couldn't find any contact details or an online chat service.

complaints against FXMUNDO that we have received in wikifx

We have not received any complaints for the moment.

pros and cons of FXMUNDO

Pros:

many products traded.

Contras:

lack of effective regulation

lack of information

there is no MT4/MT5

no islamic accounts

no hay copy trading.

not customer services

frequently asked questions about FXMUNDO

Is this broker regulated?

No, it is currently not effectively regulated and you are advised to be aware of its potential risks.

Can I trade cryptocurrencies in FXMUNDO ?

Yeah, FXMUNDO offers some popular cryptocurrencies like bitcoin and ethereum.

Does this broker offer MT4/MT5?

No, FXMUNDO does not offer mt4 or mt5.

Does this broker offer negative balance protection?

no, currently we can't find information about negative balance protection on the website of FXMUNDO .

User Reviews

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Huntere
more than one year
The forex spreads keep getting better, which is impressive. Despite the crypto hype, I still value stability and they offer solid tools with outstanding charts.
The forex spreads keep getting better, which is impressive. Despite the crypto hype, I still value stability and they offer solid tools with outstanding charts.
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2024-02-06 18:07
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S57923
more than one year
Ay dios mío, veo que esta empresa todavia se encuentra en funcionamiento, pero no tiene ninguna licencia regulatoria. Pero aún, veo una denuncia de un usuario mexicano que le han estafado 30 mil pesos mexicanos... Espero que pueda recuperar su fondo cuanto antes!!!
Ay dios mío, veo que esta empresa todavia se encuentra en funcionamiento, pero no tiene ninguna licencia regulatoria. Pero aún, veo una denuncia de un usuario mexicano que le han estafado 30 mil pesos mexicanos... Espero que pueda recuperar su fondo cuanto antes!!!
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2022-12-05 10:01
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