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Climax Gains Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-05-23 10:29

Abstract:Climax Gains is a forex broker that provides trading services for commodities, stocks, cryptocurrencies, and financial exchanges. Offering four account types, Climax Gains facilitates transactions via cryptocurrencies and provides customer support through live chat. However, the broker operates without regulatory oversight, which, along with a lack of fee transparency and details on leverage and spreads, introduces potential problems.

Company Name Climax Gains
Registered Country United States
Founded Year 2016
Regulation No Regulation
Tradable Assets Commodities, Stocks, Cryptocurrencies, financial exchanges
Account Types Starting Plan, Deluxe Plan, Advance Plan, Diamond Plan
Minimum Deposit $100
Customer Support Live chat support available 7 days a week from 8:00 to 20:00 GMT, email: admin@climax-gains.co
Deposit & Withdrawal Bitcoin, Ethereum, Tether TRC20, minimum withdrawal amount $100
Educational Resources Latest news on cryptocurrency trends and price analysis

Overview of Climax Gains

  Climax Gains, founded in 2016 and headquartered in the United States, specializes in trading commodities, stocks, cryptocurrencies, and financial exchanges. Although it operates without regulatory supervision, Climax Gains offers four account types, namely Starting Plan, Deluxe Plan, Advance Plan, and Diamond Plan. The broker offers customer support through live chat and email, and supports deposits and withdrawals using Bitcoin, Ethereum, and Tether TRC20.

Overview of Climax Gains

Pros and Cons

  Climax Gains supports multiple asset classes, with a minimum withdrawal amount set at $100. Transactions are facilitated through electronic payment systems, and the broker supports popular cryptocurrencies. The availability of online live chat provides a convenient channel for real-time support.

  However, Climax Gains is not regulated. There is a lack of transparency regarding fees, and the broker does not provide information on leverage and spreads. The absence of phone support could be a disadvantage for those who prefer direct communication. Lastly, the lack of traditional withdrawal methods could limit options for some traders.

Pros Cons
Multiple asset classes Not regulated
Minimum withdrawal amount of $100 Lack of transparency regarding fees
Electronic payment systems for quick transactions No information on leverage and spreads
Supports popular cryptocurrencies for transactions Absence of phone support
Online live chat available No traditional withdrawal methods

Is Climax Gains legit or a scam?

  Climax Gains is an unregulated broker, which means it lacks the oversight of any financial regulatory authority.

Is Climax Gains legit or a scam?

Market Instruments

  Climax Gains offers commodities, stocks, cryptocurrencies, and financial exchanges. Commodities refer to basic goods used in trade. Stocks signify equity ownership in companies. Cryptocurrencies are digital currencies. Financial exchanges encompass the trading of various financial instruments globally.

Market Instruments

Account Types

  Climax Gains provides four account types:

  1.   Starting Plan: This plan offers a 120% return after 24 hours, with a minimum deposit of $100 and a maximum of $499. The plan duration is 24 hours, and it includes a principal return and a 5% referral commission.

  2.   Deluxe Plan: Offering a 130% return after 24 hours, this plan requires a minimum deposit of $500 and a maximum of $10,000. The duration is 24 hours, with a principal return and a 5% referral commission.

  3.   Advance Plan: For more significant investments, this plan provides a 150% return after 48 hours. It has a minimum deposit of $3,500 and no maximum limit. The duration is 48 hours, including a principal return and a 5% referral commission.

  4.   Diamond Plan: The most premium option, this plan offers a 200% return after 96 hours. It requires a minimum deposit of $5,000, with no maximum limit. The plan duration is 96 hours and includes a principal return and a 5% referral commission.

Account Types Minimum Deposit
Starting Plan $100
Deluxe Plan $500
Advance Plan $3,500
Diamond Plan $5,000
Account Types

How to Open an Account with Climax Gains

  1.   Visit the Website: Navigate to the Climax Gains website and select the “Registration” button.

How to Open an Account with Climax Gains
  1.   Fill Out the Registration Form: Enter your personal details, including full name, email address, phone number, and country of residence.

How to Open an Account with Climax Gains
  1.   Create Login Credentials: Set up a unique username and password for account security.

  2.   Verify Your Email: Look for an email from Climax Gains with a verification link. Click the link to confirm your email address.

  3.   Fund Your Account: After verifying your email, log in and deposit funds into your account.

How to Open an Account with Climax Gains

Spreads & Commissions

  Climax Gains includes a referral commission of 5% for its investment plans.

Deposit & Withdrawal

  Climax Gains supports deposits and withdrawals via electronic payment systems such as Bitcoin, Ethereum, and Tether TRC20, with a minimum withdrawal amount set at $100.

Deposit & Withdrawal

Customer Support

  •   Live Chat: Available on their website from 8:00 to 20:00 GMT, 7 days a week.

  •   Email: admin@climax-gains.co

  •   Feedback Form: Accessible on the website for submitting inquiries and issues.

  •   Address: 7840 State Route 26, Lowville, NY 13367.

Customer Support

Educational Resources

  Climax Gains provides latest news as educational resources, emphasizing news updates and market analysis in the cryptocurrency sector. These resources feature articles on Bitcoin price fluctuations, market trends, and significant developments within the cryptocurrency industry.

Educational Resources

Conclusion

  Climax Gains, established in 2016 and headquartered in the United States, operates as an unregulated broker, providing access to commodities, stocks, cryptocurrencies, and financial exchanges. The broker offers four distinct account types and facilitates transactions through popular cryptocurrencies like Bitcoin, Ethereum, and Tether TRC20. Despite the advantages of a $100 minimum withdrawal and the availability of live chat support, the lack of regulatory oversight, transparency in fee structure, and details on leverage and spreads are notable drawbacks. The absence of phone support and traditional withdrawal options further complicate its appeal.

FAQs

  Q: Is Climax Gains a regulated broker?

  A: No, Climax Gains is not regulated by any financial regulatory authority.

  Q: What types of assets can I trade with Climax Gains?

  A: Climax Gains offers trading in commodities, stocks, cryptocurrencies, and financial exchanges.

  Q: What are the account types available at Climax Gains?

  A: Climax Gains provides four account types: Starting Plan, Deluxe Plan, Advance Plan, and Diamond Plan.

  Q: What is the minimum deposit required to open an account with Climax Gains?

  A: The minimum deposit required varies by account type, starting at $100 for the Starting Plan.

  Q: How can I deposit and withdraw funds from Climax Gains?

  A: Climax Gains supports deposits and withdrawals via Bitcoin, Ethereum, and Tether TRC20.

  Q: Does Climax Gains offer customer support?

  A: Yes, Climax Gains offers customer support through live chat available 7 days a week from 8:00 to 20:00 GMT, and via email at admin@climax-gains.co.

  Q: What educational resources does Climax Gains provide?

  A: Climax Gains provides market news and analysis articles focusing on cryptocurrency trends and price analysis.

Risk Warning

  Online trading poses substantial risks, with the potential for complete loss of invested capital, rendering it unsuitable for all traders. It is imperative to comprehend the inherent risks and acknowledge that the information provided in this review is subject to change due to continuous updates in the company's services and policies.

  Additionally, the review's generation date is a critical consideration, as information may have evolved since then. We strongly advise readers to verify updated details directly with the company before making any decisions, as the readers must be aware of and willing to accept the inherent risks involved in utilizing this information.

Related broker

No Regulation
Climax Gains
Company name:Climax Gains
Score
1.41
Website:https://climax-gains.co/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.41

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