Score

1.47 /10
Danger

Fake XM

Hong Kong

2-5 years

Suspicious Regulatory License

High potential risk

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Comparison

Expose

Exposure

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Website

Score

Regulatory Index0.00

Business Index6.66

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Fake XM · Company summary

Official Website Unavailable

We could not get relevant information due to failing to visit the official website, besides, the information is not available on other websites as well, thus, clients only take a poorly-conceived browse.

In addition, if clients would like to know something detailed, please try to visit the official website, although it is likely that it does not work. Besides, the official website is as follows: https://xmcnfxmatehk.com/en

General Information& Regulation

XMCNFXMarket, owned by XMFX Limited., is an emerging retail broker with 2 years or so of experience in business that offers multi-asset trading in premium trading conditions and support, it was registered in Hong Kong, China, however, it has not been disclosed the company address as well we regulation details to the public so far.

Market Instruments

The information we searched on the other website is that XMCNFXMarket is likely to offer a broad selection of currencies pairs, in addition to that, we cannot get other trading instrument information.

Accounts & Leverage

XMCNFXMarket has set up 3 kinds of flexible trading accounts types for traders including ECN Account, VIP Account as well as Standard Account. In addition, each account has various minimum deposit requirements, for instance, the Standard Account sets a limit to the minimum amount of 100 USD with 0.05 lots per trade and the VIP Account requires clients to open the account with the amount of 5,000 USD and 0.1 lot per trade, besides, the member of ECN Account have to deposit 20,000 USD at least with 0.1 lot per transaction.

Trading Platform

XMCNFXMarket is non MT4/MT5 software provider, instead, clients are allowed to apply on a web-based trading platform that supports multiple time frames, charts, and some of the most popular drawing tools and price indicators.

Deposit & Withdrawal

The same goes for trading instruments, XMCNFXMarket does not elaborate on the payment methods they accept.

Customer Support

The support team is always at clients assistance with the best possible solutions to the queries. If so desired, please call at +442033229602 or e-mail at 104@qq.com within a reasonable time.

Risk Warning

A high level of risk is involved in investment products. Establishing your Investment targets understanding of risk and trading experience is key to maintaining a good trading experience. Losing more than your initial investment is highly possible, so do not invest money you cannot afford to lose. We do not, and will not, take into account your personal circumstances, nor provide any recommendation for you to make any decisions.

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