CLOVER MARKETS FX foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://crm.clovermarketsfx.com/register, about the company's legal and temporary regulatory information, the company's address .
Clover Markets FX, established in 2020, is a trading brokerage that operates without regulatory oversight, raising significant concerns about its legitimacy and safety for investors. The company claims to be registered in Thailand, with its main office located at 63 Athenee Tower, 23rd Floor, Wireless Road, Lumpini Sub-District, Pathum Wan District, Bangkok. Despite these claims, investigations reveal that Clover Markets FX is not listed in the local commercial register, indicating that it might not exist as a legitimate business entity.
As a private entity, Clover Markets FX primarily serves retail traders, offering a range of trading instruments across various asset classes. The broker positions itself as a provider of online trading services, targeting clients from different regions, including Thailand, the United States, the United Kingdom, and South Africa. Since its inception, Clover Markets FX has sought to attract investors through aggressive marketing strategies, often utilizing social media platforms for promotion.
However, the lack of a valid operational history and regulatory compliance raises red flags about the broker's reliability. The absence of oversight from financial authorities means that clients' funds may not be secure, and there is no recourse for investors in case of disputes or financial losses. This situation highlights the importance of conducting thorough due diligence before engaging with unregulated brokers like Clover Markets FX.
In summary, Clover Markets FX operates as an unregulated trading broker, raising concerns about investor safety and the legitimacy of its operations. As such, potential clients should exercise caution and consider the risks associated with trading through an entity lacking regulatory oversight.
Clover Markets FX operates without any valid regulatory licenses, which poses significant risks to its clients. The broker claims to be a brand of Clover Market Co. Ltd, registered in Thailand. However, upon verification, it was found that this company does not exist in the local commercial register, indicating that Clover Markets FX is operating illegally.
Key regulatory aspects include:
Due to these factors, it is highly advisable for potential clients to avoid engaging with Clover Markets FX, as the lack of regulatory oversight significantly increases the risk of fraud and financial loss.
Clover Markets FX offers a variety of trading products, but the lack of transparency regarding specific details makes it challenging for potential clients to assess its offerings. The broker claims to provide access to over 200 trading instruments, which include:
The absence of detailed information regarding the types of CFDs available raises concerns about the broker's transparency and reliability. Additionally, there are no clear indications of how frequently the product offerings are updated or if new instruments are regularly introduced.
For retail traders, Clover Markets FX positions itself as a platform for online trading, while institutional clients may find limited services available. There is no mention of white-label solutions or asset management services, which could further enhance the broker's appeal to professional traders.
In conclusion, while Clover Markets FX claims to offer a diverse range of trading products, the lack of specific information and transparency makes it difficult for traders to make informed decisions regarding their trading strategies.
Clover Markets FX claims to utilize the widely recognized MetaTrader 5 (MT5) platform, which is known for its advanced trading capabilities. However, potential clients should approach this claim with caution, as the broker does not provide functional links to access the platform directly from its website. This lack of accessibility raises doubts about whether the MT5 platform is genuinely offered or if it is merely a marketing tactic.
Key aspects of the trading platform include:
In summary, while Clover Markets FX claims to offer a robust trading platform, the lack of transparency and accessible information creates uncertainty for potential clients. Traders should thoroughly investigate these claims before committing to the broker.
Clover Markets FX does not provide clear information regarding its account types or trading conditions, which is a significant concern for potential clients. The broker's offerings appear to lack structure, making it difficult for traders to choose an account that suits their needs.
Key account features include:
Overall, the lack of clarity around account types and trading conditions at Clover Markets FX raises significant concerns about the broker's professionalism and reliability.
Clover Markets FX provides limited information regarding its fund management practices, which is essential for prospective traders. The broker supports various deposit and withdrawal methods, but the specifics remain unclear.
Key points include:
In summary, the lack of detailed information on fund management practices at Clover Markets FX makes it difficult for traders to assess the safety and efficiency of their financial transactions with the broker.
Clover Markets FX offers several channels for customer support, but the effectiveness and accessibility of these services remain questionable.
Key aspects of customer support include:
Overall, the lack of comprehensive customer support and educational resources at Clover Markets FX raises concerns about the broker's commitment to client satisfaction and trader development.
Clover Markets FX claims to serve a global client base, but the lack of regulatory compliance limits its operations in several jurisdictions.
Key points include:
In conclusion, Clover Markets FX operates in a highly restricted environment due to its lack of regulatory compliance, posing significant risks for potential clients in various regions.
In summary, Clover Markets FX presents numerous concerns for potential investors, primarily due to its lack of regulation, transparency, and comprehensive service offerings. Prospective traders should exercise extreme caution and consider the risks associated with trading through an unregulated broker like Clover Markets FX.
TP.
Thailand
support clover markets. There are Thai people waiting to take care of the service. Answer Line very quickly. Very good customer care, fast deposit, quick withdrawal, never had a problem.
Positive
2022-12-29
Kung647
Thailand
Normal trading, taking care of everything No problem. I like it very much.
Positive
2022-12-29
namnorth
Thailand
I personally use it and have no problems. Withdrawal of deposit money is fast support responds very quickly, seems like I haven't slept, I haven't slept waiting to answer the customer, hahahaha The spread is okay, 10/10, if there are any drawbacks, I'll come back for a new review.
Positive
2023-01-14