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ChamberFX -

Score

1.46 /10
Danger

ChamberFX

Australia

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://chamberfx.com

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Comparison

Quantity 2

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.64

Risk Management Index0.00

Software Index4.00

License Index0.00

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

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Company Name

CHAMBER (HOLDINGS) PTY LTD

Company Abbreviation

ChamberFX

Platform registered country and region

Australia

Company website

Company summary

Pyramid scheme complaint

Expose

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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!

WikiFX Verification

Exposure

2 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

Bad Broker

After my investment, the page fell silent and they do not allow me to operate in the stock market. I cannot communicate with anyone from the support, because it practically disappeared from the interface, and I was left with nothing.

FX1950616318
2021-12-22 02:27
Unable to Withdraw

I am sad

Hello, good night, I am very sorry and anger. I am in shock. It turns out that I invested with Profit Revolution or Solidstock .com an amount of $12,000,000 Chilean pesos for 5 months and now that December has arrived, the advisor Ivana Petrov was the one that helped me do the steps to buy and sell in cryptocurrencies. I came up with a financing plan to withdraw 28,647.27 UDS which is the capital that I have on the Solidstock page, which would be transferred to my buda.com wallet, that through the page I have made all the transfers.Aand in order to withdraw my capital, they made me pay a tax of 7161.75 usd, where they send me a piece of paper to sign which at the end of the page appear the names of the manager of accounts (Ivana Petrov), head of finance (Evelyn Deitloff) and mine for me to print and sign, with a stamp around that says (Ludgate Hill, EC4M7AA, London UK). And it turns out that I arrived on Friday 03/12/21 and I asked Ivana what time my capital would be in the Buda account and she answered that a certain Giuliana had to call me, but she didn't call me and I don't know what else to do ... I've been ruined because I was useless in trusting these things : C

Erí Kínn
2021-12-20 08:51
ChamberFX · Company summary

Note: ChamberFX's official website: https://chamberfx.com is currently inaccessible normally.

ChamberFXReview Summary
Founded/
Registered Country/RegionAustralia
RegulationUnregulated
Market InstrumentsForex, commodities, indices, stocks
Demo Account/
LeverageUp to 1:500
EUR/USD Spread2.4 pips
Trading PlatformWebTrader
Min Deposit$250
Customer Support/

ChamberFX is an unregulated Australian forex brokerage, operated by CHAMBER (HOLDINGS) PTY LTD. It offers trading in forex, commodities, indices, and stocks with leverage up to 1:500 and spread floating around 2.4 pips via a WebTrader. The minimum deposit requirement to open a live account is $250.

Pros and Cons

Pros Cons
Diverse trading assetsInaccessible website
Unregulated status
Wide spreads
Does not support mainstream trading platforms
High minimum deposit
Limited payment options
No contact channel

Is ChamberFX Legit?

No, ChamberFX is not regulated, so traders should carefully consider the risks it brings when choosing to trade with it.

Is ChamberFX Legit?

What Can I Trade on ChamberFX?

Tradable Instruments Supported
Forex✔
Commodities✔
Indices✔
Stocks✔
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌

Leverage

ChamberFX offers leverage up to 1:500, which can potentially bring high returns, but it also comes with high risks.

Spread

ChamberFX does not clarify about its spreads, but ChamberFXs platform gave us a EUR/USD spread of 2.4 pips – a value that is almost twice higher than the average in the sector.

Trading Platform

ChamberFX says to support the legendary MetaTrader4, but after signing up with them, we got hold of a web-based trading terminal that doesnt even feature the name or the logo of the broker.

Trading PlatformSupported Available Devices Suitable for
MT4❌/Beginners
MT5❌/Experienced traders
WebTrader✔Web/
Trading Platform

Deposit and Withdrawal

ChamberFX does not provide specific information on whether it charges fees for deposits or withdrawals, and its minimum deposit requirement is $250.

Customers can only deposit funds through iPay. Additionally, users can only withdraw funds via bank transfer, but there is a significant issue with this process. Even if only the amount is entered, it shows a successful withdrawal.

Deposit and Withdrawal

User Reviews

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User comment

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Comments

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FX1238707102
more than one year
They refused to answer your phones he cuts it off on you but will happily drive around and continue to promote a scam using our hard-working money. Do not use it at all costs. Not genuine people just criminals.
They refused to answer your phones he cuts it off on you but will happily drive around and continue to promote a scam using our hard-working money. Do not use it at all costs. Not genuine people just criminals.
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2023-02-17 15:17
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