Score

1.13 /10
Danger

ActiveX Markets

Saint Lucia

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index4.07

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

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Broker Information

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Company Name

ActiveX Markets LLC

Company Abbreviation

ActiveX Markets

Platform registered country and region

Saint Lucia

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
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ActiveX Markets · Company summary
Broker NameActiveX Markets
Founded in2023
Registered inSaint Lucia
Regulated byNot regulated
Account TypesActiveX Premium, ActiveX Pro, ActiveX Classic, ActiveX Zero
Minimum DepositUS $100
Maximum Leverage1:500 for four account types
SpreadsFrom 0.3 to 0.7
Customer Support+1 (602) 698-5582

Overview of ActiveX Markets

ActiveX Markets is a trading platform registered in Saint Lucia and operates without regulatory oversight. The broker offers four account types—ActiveX Premium, ActiveX Pro, ActiveX Classic, and ActiveX Zero—each with a low minimum deposit requirement of $100. Traders can benefit from maximum leverage of up to 1:500 and competitive spreads ranging from 0.3 to 0.7. Customer support is available primarily via phone at +1 (602) 698-5582, providing assistance for users navigating the platform.

Regulation

ActiveX Markets functions without regulatory supervision, instigating potential apprehensions about the safety and security of clients' investments. The lack of regulation could entail heightened risks for traders, emphasizing the need for exhaustive investigation and assessment prior to partnering with the broker. Prospective clients ought to meticulously weigh the consequences of transacting with an unregulated organization.

Regulation

Pros & Cons

ActiveX Markets offers several advantages, including flexible spreads and a potentially low minimum deposit option through ActiveX Classic, as well as a variety of account types to cater to diverse trading needs. However, the platform faces notable drawbacks, such as a lack of educational resources and transparency concerning company policies, limited customer support primarily available via phone, and the absence of regulatory oversight, which may expose traders to certain risks.

ProsCons
• Provides flexibility with spreads• Operates without regulatory oversight
• Offers multiple account types• Lack of educational resources
• Potentially Low Minimum Deposit (ActiveX Classic)• Limited customer support options

Account Types

FeatureActiveX PremiumActiveX ProActiveX ClassicActiveX Zero
Maximum Leverage1:5001:5001:5001:500
Minimum Deposit$10,000$1,000$100$10,000
Minimum Spread0.30.50.70.3
Supported EAYesYesYesYes

How to open an account

  1. Visit the ActiveX Markets website and locate the “Open Account” section.
  2. Fill out an online application form providing your personal and financial information.
  3. Submit any necessary documents for verification (e.g., ID proof, proof of address).
  4. Fund your new account using a supported deposit method.
How to open an account

Leverage

ActiveX Markets offers a competitive leverage of 1:500 across four account types, providing traders with the opportunity to amplify their positions and enhance potential returns. This high leverage allows for greater flexibility in trading strategies, catering to both novice and experienced investors looking to optimize their capital efficiency in the dynamic financial markets.

Leverage

Customer Support

ActiveX Markets offers professional and responsive customer support, ensuring clients receive timely assistance with their inquiries. Their dedicated team is available to address concerns and provide guidance, reflecting a commitment to enhancing the overall client experience. For immediate assistance, clients can reach them at +1 (602) 698-5582.

Customer Support

Conclusion

ActiveX Markets offers a variety of accounts with high leverage and potentially low minimum deposits. However, the lack of regulation raises concerns. Consider well-regulated brokers for stronger security and trust.

User comment

ActiveX Markets has multiple account options with high leverage and low minimum deposits for some accounts. Just be aware they aren't regulated, so proceed with caution.

FAQs

Is ActiveX Markets regulated?

No, ActiveX Markets is not regulated by any financial authority. This lack of oversight increases risk for traders.

What are the benefits of using ActiveX Markets?

ActiveX Markets offers a variety of account types, potentially low minimum deposits, and high leverage.

How do I contact ActiveX Markets customer support?

Customer support can be reached by phone at +1 (602) 698-5582.

Risk Warning

Trading online carries inherent risks, including the potential loss of your entire investment. It's essential to recognize that online trading may not be suitable for everyone, and individuals should carefully consider their risk tolerance before participating. Additionally, please be aware that the details provided in this review are subject to change as companies update their services and policies. Therefore, it's advisable to verify the most up-to-date information directly with the company before making any trading decisions. Ultimately, the responsibility for utilizing the information in this review lies solely with the reader.

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