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FXKM

Australia|5-10 years|
Suspicious Scope of Business|Australia Appointed Representative(AR) Revoked|Suspicious Overrun|High potential risk|

https://www.forextrader24.com/en

Website

Rating Index

Contact

+61 02 828451100
forex@forextrader24.com
https://www.forextrader24.com/en

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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Warning: Low score, please stay away! 4
Previous Detection : 2024-07-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • AustraliaASIC (license number: 001280042) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!
  • The United StatesNFA regulation (license number: 0540308) claimed by this broker is suspected to be clone. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

FXKM · WikiFX Survey

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FXKM · Company Summary

General Information& Regulation

FXKM is an online broker registered in Australia, providing a series of financial assets. FXKM is not a recommended broker, as it is not under certain stringent regulation, and it currently holds an authorized representative license from ASIC (regulation number: 001280042), which only means it can conduct business in Australia.

Market Instruments

Tradable financial assets available on the FXKM platform are currency pairs, CFDs on commodities, CFDs on indices, spot metals and stock CFDs.

Minimum Deposit

There seem no several account options offered by FXKM, neither the minimum deposit requirements is mentioned. There is only an account-opening portal like this:

1.jpg

FXKM Leverage

FXKM claims it offers a flexible leverage from 1:1 to 1:2000, and traders can choose the appropriate trading leverage in light of their risk tolerance. However, keep in mind that leverage may increase your profits but also double your risks.

Spreads & Commissions

The FXKM website announced that it can offer tight spreads, with the spread on EURUSD from 0.1 pips. However, since FXKM is an unregulated broker, then it almost cannot happen, and this maybe a trick to attract new investors.

FXKM Trading Platform

FXKM offers two trading platform options, famous MetaTrader4&5 trading platform. The MetaTrader 4 platform offers easy-to-read, interactive charts that allow you to monitor and analyse the markets in real-time. Traders can also have access to more than 30 technical indicators which can help them identify market trends and signals for entry and exit points. MetaTrader 5, better known as MT5, is the latest and most advanced online trading platform developed by MetaQuotes Software. Trading on MT5 via EA Market gives traders even broader access to financial markets including foreign exchange, commodities, CFDs and indices as well as stocks and futures.

Deposits & Withdrawals

The FXKM website displays some payment methods logos, including wire transfer, FasaPay, Thunderx Pay, Visa, Mastercard, American Express and PayPal.

image.png

Customer Support

The FXKM customer support can be reached through email and telehone, unfortunately, live chat communication unvailable.

image.png

Broker Information

Company Name

FXKM Pty Ltd

Abbreviation

FXKM

Regulatory Status

No Regulation

Platform registered country and region

Australia

Phone of the company
  • +61 02 828451100

Twitter

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Facebook

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Instagram

--

YouTube

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Company address

--

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • forex@forextrader24.com

Company Summary

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United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
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