abstrak:FCA has issued a warning against Winfxmarkets, which is an unauthorized company.
Note: Winfxmarkets' official website, https://winfxmarkets.com/, is normally inaccessible.
WinfxmarketsReview Summary | |
Founded | 2022 |
Registered Country/Region | UK |
Regulation | Not regulated |
Market Instruments | Metals, forex currency pairs, crypto, shares, energies, and indices |
Demo Account | Not mentioned |
Leverage | Not mentioned |
Spread | 1.6 pips |
Trading Platform | MT4/5 |
Min Deposit | $200 |
Customer Support | +44 7418604210 |
198 Tooley St, London SE1 2NS, United Kingdom |
FCA has issued a warning against Winfxmarkets, which is an unauthorized company.
Pros | Cons |
None | No regulated |
Inaccessible website | |
High minimum deposit required | |
Fake MT4/5 supported | |
Nontransparent trading conditions |
As of now, PLUNOX is not regulated by any institution like FCA. Besides, its website is not accessed. Meanwhile, it has no safeguarded funds and segregated accounts.
At Winfxmarkets, you can trade on metals, forex currency pairs, crypto, shares, energies, and indices.
Winfxmarkets offers BASIC, SLIVER, GOLD, PLATINUM, VIP, and EXCLUSIVE accounts for traders.
BASIC | SILVER | GOLD | PLATINUM | VIP | EXCLUSIVE | |
Min Deposit | $200 | $5,000 | $20,000 | $50,000 | $70,000 | $1,00,000 |
Different account types have different spreads, from 0.2 - 1.6 pips. No info on commissions.
BASIC | SILVER | GOLD | PLATINUM | VIP | EXCLUSIVE | |
Spread | 1.6 pips | 1.3 pips | 0.9 pips | 0.6 pips | 0.4 pips | 0.2 pips |
Winfxmarkets offers Metatrader 4 and Metatrader 5, but when attempting to download the supposed MetaTrader 4 and 5 trading software from Winfxmarkets, we noticed that the file was named under a different company. Therefore, we advise investors to exercise caution and avoid this broker due to the inconsistencies and deceitful practices observed so far.
Traders can deposit through credit/debit cards, cryptocurrencies, bank transfers, and e-wallets like Skrill and Neteller.
Contact Options | Details |
Phone | +44 7418604210 |
❌ | |
Support Ticket System | ❌ |
Online Chat | ✔ |
Social Media | ❌ |
Physical Address | 198 Tooley St, London SE1 2NS, United Kingdom |
In conclusion, Winfxmarkets is a fraudulent broker, and we strongly advise against investing in it. By avoiding this broker, you will save yourself both time and money.
Is Winfxmarkets safe?
No. It has no regulation.
Is Winfxmarkets good for beginners?
No. $200 minimum deposit requirement is too high for beginners.
What trading platforms does Winfxmarkets offer?
It says to offer MT4 and MT5, but both of them are fake.