Winfxmarkets

WikiFX | 2024-10-14 16:30

Abstract：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
Customer Support	198 Tooley St, London SE1 2NS, United Kingdom

Winfxmarkets Information

FCA has issued a warning against Winfxmarkets, which is an unauthorized company.

Pros & Cons

Pros	Cons
None	No regulated
	Inaccessible website
	High minimum deposit required
	Fake MT4/5 supported
	Nontransparent trading conditions

Is Winfxmarkets Legit?

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.

What Can I Trade on Winfxmarkets?

At Winfxmarkets, you can trade on metals, forex currency pairs, crypto, shares, energies, and indices.

Account Type

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

Spreads & Commissions

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

Trading Platform

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.

Deposit & Withdrawal

Traders can deposit through credit/debit cards, cryptocurrencies, bank transfers, and e-wallets like Skrill and Neteller.

Customer Service

Contact Options	Details
Phone	+44 7418604210
Email	❌
Support Ticket System	❌
Online Chat	✔
Social Media	❌
Physical Address	198 Tooley St, London SE1 2NS, United Kingdom

The Bottom Line

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.