Abstract:Fxmining-expert is an online trading platform based in the United Kingdom. It utilizes the popular MT4 to trade on their various trading products. However, it operates without regulatory oversight. The minimum deposits required are too high. And their website is not available now.
Note: Fxmining-expert' official website: https://fxmining-expert.com/ is currently inaccessible normally.
Fxmining-expert Review Summary | |
Founded | / |
Registered Country/Region | United Kingdom |
Regulation | Unregulated |
Market Instruments | Currencies, commodities, cryptos |
Demo Account | ✅ |
Leverage | Up to 1:5000 |
Spread | From 3.3 pips (Starter account) |
Trading Platform | MT4 |
Min Deposit | $500 |
Customer Support | Live chat, contact form |
Email: Support@Fxmining-expert.com | |
Address: 72 Broad St, Reading RG1 2AF, United Kingdom |
Fxmining-expert is an online trading platform based in the United Kingdom. It utilizes the popular MT4 to trade on their various trading products. However, it operates without regulatory oversight. The minimum deposits required are too high. And their website is not available now.
Pros | Cons |
MT4 trading platform | Unregulated broker |
Inaccessible website | |
High minimum deposits and spreads | |
Limited funding methods |
Fxmining-expert is an unregulated broker.Therefore, it operates without oversight or regulation from any financial authority. Besides, their website is not accessible.
Fxmining-expert presents currencies, commodities, and cryptocurrencies. Cryptos include Bitcoin, Ethereum, Litecoin, Ripple, and Zcash.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Indices | ❌ |
Cryptocurrencies | ✔ |
Shares | ❌ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
Fxmining-expert offers six kinds of live accounts including the Starter, Basic, Bronze, Silver, Gold, and Platinum accounts with the minimum deposits of $500, $3,000, $6,000, $20,000, $50,000, and $100,000 respectively. These accounts are extremely high and the regulated brokers offer regularly the minimum deposits of $100.
They offer a variety of leverage options for different account types. The leverage ratios available are as follows: Starter (1:300), Basic (1:500), Bronze (1:700), Silver (1:1000), Gold (1:5000), and Platinum (1:5000).
Fxmining-expert offers different spreads across its various trading account types:
Account Type | Spread |
Starter | From 3.3 pips |
Basic | From 3.3 pips |
Bronze | From 2.2 pips |
Silver | From 1.5 pips |
Gold | From 1.0 pips |
Platinum | From 0.5 pips |
Fxmining-expert claims it supports MT4 to trade on their products. MT4 is a robust and user-friendly system that is suitable for traders at all levels of expertise.
Fxmining-expert accepts deposits and withdrawals via Bitcoin, Litecoin, Ethereum, Payeer, and Perfect Money.
Novatech FX Ltd. (“Novatech”), founded in 2019, was registered in St. Vincent and the Grenadines, a jurisdiction known for its minimal regulations and booming unlicensed brokers. NovaTech, which said it was a leading forex and crypto trading platform, claimed to have its own trading software with deep liquidity. Mostly active from 2020 to 2023, they attracted investors by promising monthly returns of 3% to 5%. Accusing them of a $600 million investment fraud, the SEC filed charges on August 12, 2024, against NovaTech FX, Cynthia and Eddy Petion, and several promoters.
Maxxi Markets is a forex broker founded in Comoros that offers traders access to a diverse range of financial instruments. With product offerings spanning commodities, forex, indices, metals, cryptocurrencies, and bonds, the broker caters to a wide spectrum of trading interests. Backed by the Mwali International Services Authority (MISA) under an offshore Retail Forex License (license number T2023425), Maxxi Markets combines innovative technology with varied account options to serve both novice and experienced traders.
Selecting the right forex broker can make the difference between trading success and frustration for most investors, especially retail investors. As retail traders gain unprecedented access to global markets, the choice between platforms like JustForex and JustMarkets becomes increasingly significant. Both brokers offer some shining features within the forex and CFD trading space, but their approaches differ in some areas.
CPT Markets’ UAE subsidiary, CPT MENA, secures an SCA Category Five license, expanding its FX and CFDs services in the region. Learn more about its UAE growth.