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/10

Genesis11

Austria|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://genesis11.com/

Website

Rating Index

Contact

+44 203 807 9195
support@Genesis11.com
https://genesis11.com/
Orbi Tower Erdgeschoss, 1030 Wien, Austria europalaza 4

Licenses

No valid regulatory information, please be aware of the risk!

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

Single Core

1G

40G

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Contact number

English

+44 203 807 9195

Broker Information

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Company Name

Genesis11

Company Abbreviation

Genesis11

Platform registered country and region

Austria

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-02-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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Genesis11 · Company Summary

Official Website Unavailable

The broker's official website does not work, and the information is not available on other websites as well, thus, clients only take a poorly-conceived browse.

General Information& Regulation

Genesis11 is a retail broker that offers multi-asset trading in premium trading conditions and support, which was registered in Austria with the actual registered address at Orbi Tower Erdgeschoss, 1030 Wien, Austria europalaza 4.

Market Instruments

There is a broad selection of asset classes for clients including Forex, Commodities, Indices, Stocks, and Cryptocurrencies.

Accounts & Leverage

Five optional accounts for clients are available including Silver Account, Gold Account, Platinum Account, Signature Account, and VIP Account. Besides, the minimum deposit is supposed $250, and the Silver account offers the minimum deposit of $10,000, the minimum deposit of Gold Account is $25,000, What‘s more, the VIP Account’s minimum deposit is up to $1,000,000. the maximum leverage is up to 1:100 for all accounts.

Spreads & Commissions

It is supposed that Genesis11 offers a low and tight spread, for instance, for the EUR/USD currency pair, the spread is as low as 0.7 pips. However, there is no information about the commission referred.

Trading Platform

Clients are allowed to apply on a web-based trading platform that possesses a plethora of experts, and advanced tools and features.

Deposit & Withdrawal

Clients could pay via credit cards &wire transfers. In addition, the amount of opening up an account is $250, for the withdrawal, the amount is various depending on the ways of withdrawal, for instance, The minimum withdrawal amount via bank wire is $500 whereas, via credit card, it is $100.

Customer Support

If in any doubts as to transactions, please call at + 442038079195 or e-mail at support@Genesis11.com within a reasonable time.

Risk Warning

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility that you may sustain a loss of some or all of your investment and therefore you should not invest money that you cannot afford to lose.

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FX1312428408
more than one year
Genesis11 requires a minimum deposit of $10,000! The amount is horrendous. Also I saw it was selling domains, presumably out of business. Or even worse, it's a scammer that has absconded with money.
2023-03-07 15:00
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