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Score

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/10

KLIMEX

Vanuatu|5-10 years|
White label MT4|Regional Brokers|High potential risk|

https://klimexcm.com/

Website

Rating Index

MT4/5 Identification

MT4/5

White Label

Klimex-Demo

United States
MT4
2

Influence

D

Influence index NO.1

Egypt 2.42

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
Klimex-Demo MT4
Server Location United States

Influence

Influence

D

Influence index NO.1

Egypt 2.42

Surpassed 100.00% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

61282352788
info@klimexcm.com
https://klimexcm.com/
iCount Building, Kumul Highway, Port Vila, Vanuatu.

Licenses

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

Single Core

1G

40G

Open Now

Disclosure

Danger

ID BAPPEBTI
2022-02-02

Contact number

French

61282352788

Other ways of contact

Broker Information

More

Company Name

KLIMEX CAPITAL MARKETS

Abbreviation

KLIMEX

Platform registered country and region

Vanuatu

Company website

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 3
Previous Detection : 2024-07-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • The AustraliaASIC regulation (license number: 428901) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

KLIMEX · WikiFX Survey
Danger Klimex’s Office in Australia Does Not Exist
Australia

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KLIMEX · Company Summary

General Information & Regulation

Klimex Capital Markets (KlimexCM) is a forex broker based in Australia, offering investors currency, indices, and commodity trading services. klimexCM claims to be a representative of Vantage FX Global, which is fully licensed by the Australian Securities and Investments Commission (ASIC). However, this ASIC license is suspected to be a clone one.

Market Instruments

KlimexCM offers investors tradable financial asset classes, including Forex currency pairs, indices, and commodities. Fewer asset classes are available on the KlimexCM platform compared to many other brokers.

Minimum Deposit

KlimexCM offers its investors two different account types, the standard account, and the original account. Both accounts requires a minimum deposit of $100

KlimexCM Leverage

When it comes to trading leverage, the maximum trading leverage offered by KlimexCM is relatively high, reaching up to 1:500. Since margin leverage is full of risks, inexperienced traders are not advised to use such high trading leverage in case of heavy fund losses.

Spreads & Commissions

KlimexCM's standard account has an average spread of 1.8 pips on EURUSD, while the spread on the raw spread account starts from 0.6 pips, and the commission is 6 USD per lot.

Trading Platform

KlimexCM offers trading through the MetaTrader 4 (MT4) platform. It is a reliable choice for currency traders as it is both simple and comprehensive. Many traders prefer the automated trading environment, where the system (Expert Advisor) can be easily implemented.

Deposit & withdrawal

KlimexCM supports traders to deposit and withdraw funds through a range of convenient and efficient methods such as wire transfer, credit/debit cards, China UnionPay, Neteller, and Skrill. Wire transfers take a few days to process, while other methods are instant.

KlimexCMPros & Cons

KlimexCM advantages Include:

1. MT4 trading platform

2. Minimum deposit requirements acceptable

3. A wide range of funding options

KlimexCM disadvantages Include:

1. Clone license

2. Uncompetitive spreads

3. Limited tradable assets

Review 4

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