Abstract:PaamFX is an unregulated brokerage company registered in the United Kingdom. Trade access to multiple markets with free commission and no swap including currencies, cryptocurrencies, CFD, and commodities. While the broker's official website has been closed, traders cannot obtain more security information.
Note: PaamFX's official website: https://paamfx.com is normally inaccessible.
PaamFX is an unregulated brokerage company registered in the United Kingdom. Trade access to multiple markets with free commission and no swap including currencies, cryptocurrencies, CFD, and commodities. While the broker's official website has been closed, traders cannot obtain more security information.
PaamFX is not regulated, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.
After a Whois query, we found that this company's domain name is for sale, which shows that PaamFX has not registered it securely.
The PaamFX website is inaccessible, raising concerns about its reliability and accessibility.
Since PaamFX does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.
PaamFX is not regulated, which is less safe than a regulated one.
PaamFX Since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulaed status and unregistered domain name indicate the broker's trading risks are high. It is advisable to choose regulated brokers with transparent operationsto ensure the safety of your investments and compliance with legal standards. Traders can learn more about other brokers through WikiFX. Information improves transaction security.
According to the report, Doo Group, a prominent Singapore-based online brokerage firm, has strengthened its global presence by securing new offshore licenses for its brokerage brand, Doo Financial. The company recently announced that entities under the Doo Financial umbrella have been granted licenses by two key offshore regulatory bodies: the British Virgin Islands Financial Services Commission (BVI FSC) and the Cayman Islands Monetary Authority (CIMA).
In recent months, PrimeX Capital, a Forex and CFD broker established in 2022, has become a subject of concern in the trading community. However, despite these enticing features, the broker's reputation has been severely tarnished by multiple complaints and a troubling lack of regulatory oversight.
Forex broker scams continue to evolve, employing new tactics to appear credible and mislead unsuspecting traders. Identifying these fraudulent schemes requires vigilance and strategies beyond the usual advice. Here are five effective methods to help traders assess the legitimacy of a forex broker and avoid potential pitfalls.
Doo Financial, a subsidiary of Singapore-based Doo Group, has expanded its regulatory footprint by securing new offshore licenses from the British Virgin Islands Financial Services Commission (BVI FSC) and the Cayman Islands Monetary Authority (CIMA).