Score

1.58 /10
Danger

Forexmax

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

Suspicious Overrun

High potential risk

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Comparison

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Exposure

Time Machine
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Score

Regulatory Index0.00

Business Index7.53

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

VPS Standard
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Warning: Low score, please stay away! 3
Previous Detection : 2024-09-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The United KingdomFCA regulation (license number: 229906) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Forexmax · Company summary

Note: Forexmax's official website: http://forexmax.com/ is currently inaccessible normally.

Forexmax Information

Forexmax, a search shows that the broker was registered in 1998 and is domiciliated in the UK at Cedar Lodge. Spekes Road Hempstead, Gillingham, Kent England. ME7 3RS.

Customer support is available through the broker's telephone numbers on +44 163436 4877,4401634364877 and email max@forexmax.com, info@forexmax.com.

However, the current regulatory status of the broker is suspected of cloning, which is deceptive. Investors should be careful to distinguish and prevent risks.

Forexmax Information

Is Forexmax Legit?

The UK FCA regulation (License number :229906) claimed by the broker is suspected of cloning. Therefore, the broker currently has no effective regulations. Please be aware of the risks!

FCA
Financial Conduct Authority (FCA)
Current StatusSuspicious Clone
Regulated byUnited Kingdom
License TypeInvestment Advisory License
License No.229906
Licensed InstitutionNexedge Markets Ltd

Downsides of Forexmax

  • Unavailable website

The broker's official website is not accessible, which may mean that it is not possible to obtain market information and execute trading orders in a timely manner.

  • Lack of transparency

Lack of transparency leads to information asymmetry, which increases investment risk and damages the interests of investors.

  • Regulatory concerns

Regulatory status is suspected of cloning. In the case of illegal operations, investors' capital safety and transaction security will be seriously threatened.

Conclusion

In summary, shortcomings such as the inability to access Forexmax's official website, lack of transparency, and regulatory status suspected of cloning will have a negative impact on it, while harming the rights and interests of investors.

It is not recommended that investors trade with this broker, please choose a formal and qualified broker to protect the safety of personal funds.

User Reviews

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Comments

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dian @
more than one year
Hay tan poca información en el sitio web que no puedo encontrar mucha información que sea importante para mí. Así que intenté contactar con su servicio de atención al cliente, pero no obtuve respuesta después de mucho tiempo. Ahora que su sitio web está realmente cerrado, ¿se fugaron con el dinero?
Hay tan poca información en el sitio web que no puedo encontrar mucha información que sea importante para mí. Así que intenté contactar con su servicio de atención al cliente, pero no obtuve respuesta después de mucho tiempo. Ahora que su sitio web está realmente cerrado, ¿se fugaron con el dinero?
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2022-11-28 10:28
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FX1052259010
more than one year
“The requested URL was not found on this server”, their website is not unavailable. My forex trading career was so unfortunate that many brokers went out of business and shut down their websites. How can I contact them and get my money back?
“The requested URL was not found on this server”, their website is not unavailable. My forex trading career was so unfortunate that many brokers went out of business and shut down their websites. How can I contact them and get my money back?
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2022-11-25 12:11
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