CryptoMinFx

WikiFX | 2024-09-19 15:59

Abstract：CryptoMinFx is an unregulated forex brokerage registered in the United Kingdom offering over 35 forex pairs, commodities (gold, silver and oil), stock, indices, cryptocurrencies for you to tarde through MT4 or MT5.

Note: CryptoMinFx's official website: https://cryptominfx.com/ is currently inaccessible normally.

CryptoMinFx is an unregulated forex brokerage registered in the United Kingdom offering over 35 forex pairs, commodities (gold, silver and oil), stock, indices, cryptocurrencies for you to tarde through MT4 or MT5.

Pros and Cons

Pros	Cons
Multiple Trading Choices	Lack of Regulation
MT4/5	Limited Information Transparency
	No Demo Accounts
	Unavailable Website
	Limited Account Types

Is CryptoMinFx Legit?

CryptoMinFx is currently under no legal regulation from authorities, which means this broker may cheat your assets without facing any consequences. Therefore, when considering trading with CryptoMinFx, you must be cautious.

What Can I Trade in CryptoMinFx?

CryptoMinFx offers a wide range of trading instruments, including 35+ forex pairs, commodities (gold, silver and oil), stock, indices, and cryptocurrencies.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Indices	✔
Cryptocurrencies	✔
Stock	✔
Mutual Funds	❌
Futures Contracts	❌

Trading Platform

CryptoMinFx purports to support trading on MT4 and MT5, yet all provided links for downloading either MT4 or MT5 are non-functional, suggesting that CryptoMinFx has not secured official authorization from these platforms.

Trading Platform	Supported	Available Devices
MT4	✔	computer and mobile phone
MT5	✔	computer and mobile phone

CryptoMinFx Minimum Deposit/Leverage

The minimum deposit required by CryptoMinFx is $50, a relatively low requirement in the industry. You should notice, however, that their website is now inaccessible and registering an account is unavailable too. As a result, the authenticity of the minimum deposit amount cannot be confirmed.

In addtion, they claim to offer a maximum leverage of 1:500, which is much higher than most regulated broker.

Deposit and Withdrawal

CryptoMinFx accepts deposits and withdrawals via credit cards, wire transfers, and Bitcoin. Whether handling fees are charged is not specified.

Customer Service

Since CryptoMinFx's website is unavailable, the ways of contacting customer service are limited and you can only reach them through phone and email.

Contact Options	Details
Phone	+447451282669
Email	Support@cryptominfx.com

The Bottom Line

CryptoMinFx offers a variety of trading tools and high leverage, which may be appealing. However, it lacks transparent information on regulatory compliance and its website is unvailable. Therefore, traders are advised to avoid such brokers.