Home -
KLIMEX -

Score

1.58 /10
Danger

KLIMEX

Australia

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://klimexcm.com

Influence

D

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.54

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

PL KNF
2024-09-03
Notification of suspected criminal offence punishable under Article 178 of the Act on trading in financial instruments (engaging in activities in the field of trading in financial instruments without the required authorisation or power of attorney)
KLIMEX

Danger

ID BAPPEBTI
2022-02-02
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
KLIMEX
Fusion Markets
MaximusFX
FRIEDBERG DIRECT
AMarkets
Panthera Trade
Cooper Markets
MRG
VARIANSE
Race Option
TurboForex
Deriv
HFTrading
Swiss Markets
SupraFX
Blue Suisse
BlackStone Futures
Global Prime
USG
WorldMarkets
ICM Brokers
DeltinFX
BLI Securities
FxFINANCE
FOREXEASYONLINETRADING
CryptoRocket

Broker Information

More

Company Name

KLIMEX CAPITAL MARKETS

Company Abbreviation

KLIMEX

Platform registered country and region

Australia

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 3
Previous Detection : 2024-12-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

Klimex’s Office in Australia Does Not Exist

The visit by the survey personnel confirmed that the broker Klimex’s real address was inconsistent with its regulatory address. The ASIC license (reference number: 428901) claimed by this broker are suspected of being clones. Since it has no valid regulatory license.

Danger Australia

WikiFX Verification

Data Source WikiFX Data provide
Updated: 2024-12-22
KLIMEX · Company summary

General Information & Regulation

Klimex Capital Markets (KlimexCM) is a forex broker based in Australia, offering investors currency, indices, and commodity trading services. klimexCM claims to be a representative of Vantage FX Global, which is fully licensed by the Australian Securities and Investments Commission (ASIC). However, this ASIC license is suspected to be a clone one.

Market Instruments

KlimexCM offers investors tradable financial asset classes, including Forex currency pairs, indices, and commodities. Fewer asset classes are available on the KlimexCM platform compared to many other brokers.

Minimum Deposit

KlimexCM offers its investors two different account types, the standard account, and the original account. Both accounts requires a minimum deposit of $100

KlimexCM Leverage

When it comes to trading leverage, the maximum trading leverage offered by KlimexCM is relatively high, reaching up to 1:500. Since margin leverage is full of risks, inexperienced traders are not advised to use such high trading leverage in case of heavy fund losses.

Spreads & Commissions

KlimexCM's standard account has an average spread of 1.8 pips on EURUSD, while the spread on the raw spread account starts from 0.6 pips, and the commission is 6 USD per lot.

Trading Platform

KlimexCM offers trading through the MetaTrader 4 (MT4) platform. It is a reliable choice for currency traders as it is both simple and comprehensive. Many traders prefer the automated trading environment, where the system (Expert Advisor) can be easily implemented.

Deposit & withdrawal

KlimexCM supports traders to deposit and withdraw funds through a range of convenient and efficient methods such as wire transfer, credit/debit cards, China UnionPay, Neteller, and Skrill. Wire transfers take a few days to process, while other methods are instant.

KlimexCMPros & Cons

KlimexCM advantages Include:

1. MT4 trading platform

2. Minimum deposit requirements acceptable

3. A wide range of funding options

KlimexCM disadvantages Include:

1. Clone license

2. Uncompetitive spreads

3. Limited tradable assets

User Reviews

More

User comment

4

Comments

Write a review

FX1352454658
more than one year
Tormented by this broker, Klimex, for a long time. I opened a standard account last year, and everything went well at very first, but when I began to place more trades, spreads suddenly became huge. They said it was normal due to the markets. And they told me to put more money regardless of temporary losses. and what really annoyed me was that they don’t allow me to withdraw my account balance.
Tormented by this broker, Klimex, for a long time. I opened a standard account last year, and everything went well at very first, but when I began to place more trades, spreads suddenly became huge. They said it was normal due to the markets. And they told me to put more money regardless of temporary losses. and what really annoyed me was that they don’t allow me to withdraw my account balance.
Translate to English
2023-03-23 10:11
Reply
0
0
Harris
more than one year
traded with this broker one years ago, and Klimex was a good broker. Its mt4 trading platform was quite smooth, and a guy named Adam was very helpful, always available to solve my trading-related problems. I remember I made two profits on this platform, and withdrawals didn’t have any problems.
traded with this broker one years ago, and Klimex was a good broker. Its mt4 trading platform was quite smooth, and a guy named Adam was very helpful, always available to solve my trading-related problems. I remember I made two profits on this platform, and withdrawals didn’t have any problems.
Translate to English
2022-12-05 17:34
Reply
0
0