Score
FMarketX
Saint Vincent and the Grenadines|2-5 years| https://fmarketx.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
Disclosure
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Danger
Warning
Contact number
+44 7912 57 6421
Other ways of contact
Broker Information
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FMarketX
FMarketX
Saint Vincent and the Grenadines
Pyramid scheme complaint
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- 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
| Benchmark | -- |
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| Maximum Leverage | -- |
| Minimum Deposit | $10.000 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
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| Minimum Position | -- |
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| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
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| Maximum Leverage | -- |
| Minimum Deposit | $1.500 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
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| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
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| Maximum Leverage | -- |
| Minimum Deposit | $250 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
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| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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FMarketX · Company Summary
Official Website Unavailable
Since FMarketXs website is inaccessible, we can only collect some information from other websites to get a rough idea of this forex broker.
General Information & Regulation
FMarketX is a newly established forex broker registered in Saint Vincent and the Grenadines, with the company behind it not disclosed.
Market Instruments
Trading instruments available on the platform are limited, only forex currency pairs, and commodities.
Account Types
There are three trading accounts on offer: A-Future, B-Grow, and E-Pro. Its basic account, that is A-Future, requires $250, in line with the industry standard. The other two accounts require much higher deposit requirements, $1,500 to open a B-Grow account and $10,000 to start an E-Pro account.
Leverage
The leverage offered by FMarketX is up to 200:1. Still, inexperienced traders are not advised to use too high leverage, for leverage can amplify gains and potential risks.
Spreads & Commissions
As for the trading conditions, the spreads on FX majors like EUR/USD are under 1 pip, while other instruments spreads are not disclosed yet.
Trading Platforms Available
FMarketX provides access to distribution of Metatrader 4 – unfortunately, one that is branded by another company entirely – FXtoAll.
Deposit & Withdrawal
FMarketX accepts deposits via credit cards and wire transfers – the latter is always final and ineligible for a chargeback. Withdrawals will be charged a transaction fee: 50.00 USD/GBP/EUR for a wire transfer; 25 USD/GBP/EUR for credit cards plus a processing fee of 10 USD/7EUR/5GBP. Not only will you pay at least $35 in fees, but you will also be hit with a 10% levy if you do not achieve an impossible turnover of 200 times your account balance.
Customer Support
FMarketX offers poor dedicated customer support, and they can be only reached through telephone: 447912576421. Company address: Beachmont Business Centre, Suite 107, Kingstown, St. Vincent, and the Grenadines.
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