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Trademax Global Limited Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-02-22 10:20

Abstract:Trademax Global Limited is an unregulated broker with limited online presence and information. There are concerns about its legitimacy, and it is crucial to exercise caution before considering using their services.

  Note: Regrettably, the official website of Trademax Global Limited, namely https://www.trademioermpll.com/en, is currently experiencing functionality issues.

  1. General Information

    1. Trademax Global Limited Review Summary
      Registered Country/Region China
      Regulation CYSEC (Suspicious Clone)
      Market Instruments N/A
      Leverage N/A
      Trading Platforms N/A
      Minimum Deposit N/A
      Customer Support Email
  2. What is Trademax Global Limited?

  Trademax Global Limited is an unregulated broker with limited online presence and information. There are concerns about its legitimacy, and it is crucial to exercise caution before considering using their services.

What is Trademax Global Limited?

  If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.

  1. Pros & Cons

Pros Cons
N/A Unregulated Broker
Suspicious License Claim
Lack of Trading Software

  Pros:

  N/A

  Cons:

  •   Unregulated: Not subject to oversight and rules, increasing fraud and unfair treatment risk.

  •   Suspicious license claim: Might be misrepresenting their regulatory status.

  •   Lake of trading software: Makes it difficult to monitor investments and manage risk.

Risk Warning

  The warning states that Trademax Global Limited is not currently regulated by any financial authority. This means they are not subject to the same oversight and rules as other brokers, which could increase your risk of fraud or unfair treatment. And the Cyprus CYSEC regulation (license number: 312/16) claimed by Trademax Global Limited is suspected to be a clone. This suggests that the broker may be misrepresenting their regulatory status, which is a serious red flag. Moreover, Trademax Global Limited does not have trading software. This means you would be unable to trade through a reputable platform, which could make it difficult to monitor your investments and manage your risk.

  Overall, the Risk Warning strongly suggests that Trademax Global Limited is an unsafe and potentially fraudulent broker. You should avoid using their services and instead consider using a regulated and reputable broker.

Risk Warning

Customer Service

  Customers can get in touch with customer service lines using the information provided below:

  Customer Service Email Address:support@trademioermpll.com

Conclusion

  Trademax Global Limited raises significant red flags, including a lack of regulation, a suspected cloned license, and an absence of trading software. These factors create a high risk of fraud and unfair treatment, making it impossible to recommend using their services.

  Remember, your financial security is paramount. Choose a regulated and reputable broker to safeguard your investments and trading experience.

Frequently Asked Questions (FAQs)

        Q: Is Trademax Global Limited a safe broker to use?

        A: No, Trademax Global Limited raises significant red flags, including a lack of regulation, a suspected cloned license, and an absence of trading software.

        Q: Can I trade through Trademax Global Limited?

        A: Trademax Global Limited doesn't offer legitimate trading software. Without a reputable platform, it's difficult to monitor your investments and manage your risk effectively.

Related broker

Unverified
Trademax Global Limited
Company name:Trademax Global Limited
Score
1.36
Website:https://www.trademioermpll.com/en
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.36

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