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FXPremax Forex Broker provides real users with 1 positive reviews, 2 neutral reviews and 2 exposure review!

FXPremax Broker Review

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FXPremax Review 5

Latest All(5) Positive(1) Neutral(2) Exposure(2)
Exposure
Scam by broker and LD fxpremax malaysia

I only using micro account and has 2k USD but when I tell my LD that grop RTFTT owned by gero azrul I want close my account because fxpremax so much problem.i had Been scam by fxpremax they make my micro account 2kusd margin call in second by manipulate price I have the Proff I already ss you can see the time and date and the price gold at that time.gold not move at all at that time but at my account I already mc because price fall.before that happen I told my LD that I want close my account at fxpremax what make me curious how fxpreamax know and make my account mc just like that.for record I use fxpremax for 4 year and many problem that happen and not make sense at all they will not give you withdraw by using excuse like abitrage trade and swap abuse although U using free swab accaunt.i only use fxpremax because want support Gero azrul but when this happen and I tell him about my problem he ignore me although he guarantee fxpremax safe and promote fxpremax everytime in his live.he also claim he is best friend owner fxpremax and also LD fxpremax so when he don't want help me I try to dig myself and find fxpremax regulatation but fxpremax using fake regulation..I'm curious Gero azrul and the owner already has been partner to scam their customer.i also put Gero azrul picture that has been rated please investigate him back because he already know fxpremax not regulate and fake but still promote and force his student to register and using fxpremax.i also in to his live to tell his student that fxpremax no regulate but he block my chat so his student don't see when I want to aware them

Akmal8818
2023-09-19
Positive

FXPremax - A Reliable Brokerage with Exceptional Service I have been trading with FXPremax for a considerable period, and I am thrilled to share my positive experience with this brokerage. FXPremax has consistently proven to be a reliable partner, offering exceptional services that have greatly contributed to my trading success. One of the standout aspects of FXPremax is their commitment to providing a secure and transparent trading environment. With stringent regulatory compliance and segregated client accounts, I feel confident that my funds are well-protected. FXPremax goes above and beyond to prioritize the safety and integrity of their clients' assets. The trading platform offered by FXPremax is highly impressive. Its intuitive interface, combined with powerful analytical tools and real-time market data, has greatly facilitated my trading decisions. The platform is stable, user-friendly, and offers lightning-fast trade execution, ensuring I never miss out on trading opportunities. Moreover, FXPremax offers an extensive range of tradable instruments across various asset classes. Whether it's forex, commodities, indices, or cryptocurrencies, their diverse selection allows for a well-diversified investment portfolio. I appreciate the flexibility to explore different markets and tailor my trading strategies accordingly. Customer support at FXPremax deserves special commendation. The support team is highly professional, knowledgeable, and always available to address an

Sultan4831
2023-06-01
Neutral

I started with a small capital on the FXPremax platform, around $100. Quite satisfied with its MT4 trading platform. Honestly, I relied on the EA trading during the night, and it performed well. Amazing!

2023-02-23
Neutral

FXPremax's website looks ugly. That's right, ugly. I have no desire to do business with this company. Maybe I'm too focused on looks, hahaha.

Tyr6124
2022-12-12
Exposure
very bad slippage

Fxpremax is very very teribble broker, i have open trade at nas100 at 11840.20, and cuttloss at 11991.45, but...nas100 did not break at 11991.45, see the image capture by screen short..

Gustavo@Fring
2021-12-17

  

FXPremax 2025 Review: Everything You Need to Know

  Summary: FXPremax has garnered a largely negative reputation among traders, primarily due to its lack of regulation and numerous user complaints regarding withdrawal issues and account management. Despite offering a wide range of trading instruments and high leverage options, the overall sentiment suggests caution when considering this broker.

  Note: It is crucial to acknowledge that FXPremax operates under multiple entities across different jurisdictions, which may affect the level of service and regulatory oversight. This review is based on a comprehensive analysis of various sources to ensure fairness and accuracy.

  

Rating Overview

Category Rating (out of 10)
Account Conditions 4
Tools and Resources 5
Customer Service and Support 3
Trading Experience 4
Trustworthiness 2
User Experience 3
Additional Considerations 4

  How We Rate Brokers: Ratings are derived from a synthesis of user reviews, expert opinions, and factual data regarding FXPremax's services.

  

Broker Overview

  Established in 2014, FXPremax is an offshore forex and CFD broker that claims to be based in the UK but operates primarily from St. Vincent and the Grenadines. The broker offers trading through the popular MetaTrader 4 (MT4) platform, catering to a diverse range of assets, including forex, commodities, and cryptocurrencies. However, FXPremax is not regulated by any major financial authority, raising significant concerns about its trustworthiness and the protection of client funds.

  

Detailed Section

  Regulated Areas/Regions: FXPremax is registered in St. Vincent and the Grenadines, a jurisdiction known for its lax regulatory environment. The broker claims to be regulated by the SVG FSA; however, this regulatory body does not offer the same level of investor protection as first-tier regulators like the FCA or ASIC.

  Deposit/Withdrawal Currencies/Cryptocurrencies: FXPremax supports a variety of funding options, including bank transfers, credit/debit cards, and e-wallets like Skrill and Neteller. Notably, the broker also accepts cryptocurrency deposits, including Bitcoin and Tether.

  Minimum Deposit: The broker has no specified minimum deposit requirement, allowing traders to start with as little as $1, which may appeal to beginners.

  Bonuses/Promotions: FXPremax offers various promotional bonuses, including a welcome bonus and a no-deposit bonus. However, such offers can often come with stringent terms and conditions that may not be favorable for traders.

  Tradable Asset Categories: FXPremax provides access to over 60 forex pairs, 35 cryptocurrencies, and various CFDs on commodities and indices. This diverse selection allows traders to explore different markets.

  Costs (Spreads, Fees, Commissions): The spreads at FXPremax vary by account type, with floating spreads starting from 0 pips on the ECN account. However, user reviews indicate that spreads may widen significantly during volatile market conditions, leading to unexpected losses.

  Leverage: FXPremax offers high leverage of up to 1:1000, which can amplify both profits and losses. While this may attract experienced traders, it poses a significant risk for those less familiar with leveraged trading.

  Allowed Trading Platforms: FXPremax predominantly uses the MT4 platform, known for its user-friendly interface and comprehensive trading tools. The broker also offers Mobius Trader 7, which is less commonly used.

  Restricted Regions: FXPremax does not accept clients from the United States and several other jurisdictions, which may limit its accessibility for some traders.

  Available Customer Service Languages: The broker offers customer support primarily in English, with limited availability in other languages. However, user experiences with customer service have been largely negative, with complaints about slow response times and unhelpful support.

  

Repeated Rating Overview

Category Rating (out of 10)
Account Conditions 4
Tools and Resources 5
Customer Service and Support 3
Trading Experience 4
Trustworthiness 2
User Experience 3
Additional Considerations 4

  

Detailed Breakdown

  •   Account Conditions: FXPremax offers various account types, including Micro STP, Standard Fixed, Standard STP, and ECN Zero. However, the lack of a minimum deposit requirement does not compensate for the significant regulatory concerns surrounding the broker.

  •   Tools and Resources: The broker provides access to the MT4 platform, which is equipped with various trading tools and resources. However, the availability of educational materials is limited, which may hinder new traders.

  •   Customer Service and Support: User reviews consistently highlight poor customer service experiences, citing difficulties in reaching support and slow response times. This has contributed to the overall negative sentiment towards FXPremax.

  •   Trading Experience: While FXPremax offers competitive spreads and high leverage, user experiences indicate issues with slippage and spread widening during critical trading periods, which can severely impact trading outcomes.

  •   Trustworthiness: The absence of regulation and numerous negative user reviews raise serious concerns about the trustworthiness of FXPremax. Traders should exercise caution when considering this broker.

  •   User Experience: Overall user experience has been marred by reports of account management issues and withdrawal difficulties, leading many to label FXPremax as a potentially dangerous broker.

  •   In conclusion, while FXPremax offers a range of trading options and high leverage, the overwhelming consensus among users and experts is to approach this broker with caution due to its lack of regulation and numerous negative reviews. For those considering FXPremax, it is crucial to weigh these factors carefully before proceeding.

FXPremax review