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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
Founded2022
Registered Country/RegionUK
RegulationNot regulated
Market InstrumentsMetals, forex currency pairs, crypto, shares, energies, and indices
Demo AccountNot mentioned
LeverageNot mentioned
Spread1.6 pips
Trading PlatformMT4/5
Min Deposit$200
Customer Support+44 7418604210
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
NoneNo 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.

BASICSILVERGOLDPLATINUMVIPEXCLUSIVE
Min Deposit$200$5,000$20,000$50,000$70,000$1,00,000
Account comparison

Spreads & Commissions

Different account types have different spreads, from 0.2 - 1.6 pips. No info on commissions.

BASICSILVERGOLDPLATINUMVIPEXCLUSIVE
Spread1.6 pips1.3 pips0.9 pips0.6 pips0.4 pips0.2 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.

FAQs

Is Winfxmarkets safe?

No. It has no regulation.

Is Winfxmarkets good for beginners?

No. $200 minimum deposit requirement is too high for beginners.

What trading platforms does Winfxmarkets offer?

It says to offer MT4 and MT5, but both of them are fake.

Related broker

No Regulation
Winfxmarkets
Company name:Winfxmarkets LTD
Score
1.42
Website:https://winfxmarkets.com/index.html
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.42

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