Abstract:EXTENX, a trading name of EXTENX Group NZ ltd, is allegedly a financial services company registered in New Zealand, offering the industry’s leading MT4 trading platform.
Note: EXTENX is to operate via the website - https://www.extenx.com/#, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
Risk Warning
The New Zealand FSPR regulation (license number: 548968) claimed by this broker is suspected to be a clone. Please be aware of the risk!
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information & Regulation
EXTENX, a trading name of EXTENX Group NZ ltd, is allegedly a financial services company registered in New Zealand, offering the industrys leading MT4 trading platform.
As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, minimum deposit, etc.
As for regulation, it has been verified that EXTENX holds a suspicious clone Financial Service Providers Register. That is why its regulatory status on WikiFX is listed as “Suspected Fake Clone” and receives a relatively low score of 1.95/10. Please be aware of the risk.
Trading Platform Available
The platform available for trading at EXTENX is the world's most advanced and popularly-used MetaTrader4. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. Using suitable mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.
Customer Support
EXTENX‘s customer support can be reached by telephone: 4006001988, email: service@extenx.com. However, this broker doesn’t disclose other more direct contact information like the company address that most brokers offer.
Pros & Cons
Darwinex is a UK-based regulated online trading platform and broker that offers a unique approach to trading and investment. Darwinex goes beyond traditional brokerage by integrating innovative technology with trading, offering proprietary tools unavailable elsewhere. Its“Darwins”, investable algorithms, enable users to mirror successful traders' strategies. Traders can execute their own trades and also invest in other traders' strategies through these Darwins. The platform operates under FCA regulation and provides access to various markets, including forex, stocks, indices, commodities, and cryptocurrencies. Rather than a pure broker, Darwinex would be more like a community-focused platform.
MultiBank Group introduces UAE CFD shares on MultiBank-Plus App & MT5, enabling global investors to trade DFM & ADX shares seamlessly.
Interactive Brokers is a well-established stock broker compared to many of its peers like Wellbull and offering a large selection of tradable securities, and it offers $0 per share on stock and ETFs (for U.S residents only) with its IBKR Lite plan. Besides, it also offers the most advanced platforms to foster superb trading experience. In this way, Interactive Brokers features the largest clientele compared to its competitors, like Robinhood, Fidelity and Charles Schwab, over 2.6 million institutional and individual brokerage customers.
Webull was founded in 2017, quite newer to the brokerage industry than traditional players like Charles Schwab, Fidelity, Interactive Brokers and Robinhood. However, it stands tall when it comes to products offerings: Stocks, Options, cryptos, Index Options, Futures, ETFs, OTC, Margin, Fractional Shares. Webull applies no commission on stock, options and ETFs trading listed on U.S. Exchanges.