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    FXMarket

    2-5 years
    |
    Regulated in Australia
    |
    Appointed Representative(AR)
    |
    MT4/5 full license

    Rating

    0 1 2 3 4 5 6 7 8 9
    .
    0 1 2 3 4 5 6 7 8 9
    0 1 2 3 4 5 6 7 8 9

     /10.00

    The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!

    Benchmark

    A

    Licenses

    Australia Securities & Investment Commission

    Appointed Representative(AR)

    ASIC Regulated

    National Futures Association

    Common Financial Service License

    NFA Unauthorized

    Overview

    • Company Name:

      QIMI FXMARKET LTD.
    • Company Abbreviation:

      FXMarket
    • Place of registration:

      FXMarketUnited Kingdom
    • Regulatory Status:

      Regulated
    • Customer Service Email Address:

      support@fxmarket.net
    • Customer Service Phone Number:

      +1(604)357-3505
    • Company summary

      BasicInformation&RegulationofFXMarketFoundedin2002,FXMarketisaninternationalprofessionalstockindexbrokerwithheadquartersinLondon,UKandofficesintheUS,Canada,HongKong,Malaysia,andSt.Vincent,providingone-stoptradingservicesincludingpreciousmetals,commodities,stockindices,HongKongandU.S.stocks,bonds,anddigitalcurrencies.FXMarket(QIMIFXMARKETLTD)isanimportantpartofFXMarketGroup'sglobalizationstrategyinEastandSoutheastAsia.Asasub-brandoftheGroup,theQIMIstockindexsinceitsinceptionisthefocusonthelayoutoftheAsia-PacificregionandcustomerdevelopmenttoexplorethevariousneedsofChinesecustomersaroundtheworld.TheFXMarketplatformcurrentlyholdsanauthorizedrepresentativelicensefromASIC(licensenumber:001282243)andageneralfinanciallicensefromNFA(licensenumber:0527475),aswellasbeingregulatedoffshorebytheSt.Vincent'sFinancialConductAuthority.SecurityAnalysisofFXMarketFXMarketholdsanA.R.licensefromthetop-tierregulatorASIC,FXMarket'sgeneralfinanciallicensefromtheU.S.NFAanditslicensefromSt.Vincent'sFSAdonotcarrymuchgoldcontent.MarketInstrumentsFXMarketoffersfinancialproductssuchasindexfutures,stockCFDs,metals,commodities,anddigitalcurrencies.Accounts&LeverageofFXMarketFXMarkethasthreetypesofaccounts:Standard(minimumdepositof$100),VIP(minimumdepositof$5,000),andECN(minimumdepositof$20,000).Forexleverageisavailablefrom1:50to1:1000forstandardaccounts,1:50to1:400forVIPaccounts,and1:50to1:200forECNaccounts.TradingPlatformsAvailableofFXMarketFXMarketofferstradersthemostpopularMT4tradingplatformavailabletoday,aswellasMT4PC,MT4Mobile,MT4Web,andMyFXBookautomatedtrading.FXMarketMT4forextradingaccounts,linkedtoavarietyofworld-classForextradingplatforms,allowyoutotradeforexanytime,anywhere,wheneverthemarketisopen.AllFXMarkettradingplatformssupportreal-timebi-directionallinkstoMT4,andallMT4tradingplatformsareupdatedsimultaneously,meaningthatyoucanplace,close,pendingandmodifyallordersinreal-time,whetherfromyourcomputerviaclient-side,browser,orcellphone,oriPad.DepositandWithdrawalofFXMarketFXMarketsupportsavarietyofdepositmethodsfortraders.Traderscanpayviadomesticbanks,internationalbanktransfers,WeChat,Alipay,Cloudflare,onlinecreditcards,andsavingscards.ThecurrenciesavailableforinternetbankingtransfersareUSDTandRMB,andbankwiretransfers(internationalSWIFT)areavailableinUSD,EUR,GBP,andJPY.ThesingletransactionlimitforWeChat/Alipay/CloudFlashPayisUS$100-US$2,000.Withregardtowithdrawals,thedepositplatformdoesnotchargeanyfees(excludinginternationalwiretransfersandwalletpayments).TherearethreefreewithdrawalopportunitiespermonthforasingleaccountforthosewhosubmitRMBwithdrawalrequestsviatheChinaUnionPaychannel.Pros&ConsofFXMarketThemainadvantagesofFXMarketare:1.Beingregulated2.Widerangeoftradingassets3.MT4tradingplatformThedisadvantagesofFXMarketare:1.HighminimumdepositrequirementsforVIPaccounts&ECNaccounts2.Spreadsnotcompetitive3.Lackofpopulare-walletpaymentmethods About More
    Pyramid scheme complaint

    WikiFX APP!

    Global Forex Broker Regulatory Inquiry APP!

    Warning: Low score, please stay away!

    Previous Detection: 2021.08.02 Risk: 3 Item

    • The number of the complaints received by WikiFX have reached 11 for this broker in the past 3 months, please be aware of the risk and the potential scam!
    • United StatesNFA (license number: 0527475) The regulatory status is abnormal, the official regulatory status is Unauthorized, please be aware of the risk!
    • This broker exceeds the business scope regulated by United States NFA(license number: 0527475)National Futures Association-UNFX Non-Forex License, please be aware of the risk!

    WikiFX Verification

    Transaction data

    • Exhibition Area

    • Survey

    • MT4/5

    • Website

    • Genealogy

    • Clones

    • Keywords

    • Time Machine

    • Score

    • Total Margin

    • Active Trading

    • New User

    • Stop Out Rate

    • Total Profit

    • Total Tnxs

    • Spread Cost

    • Net Deposit

    • Net Withdraw

    Last Updated Time 2021-08

    WikiResearch

    • Delivery Index

    • Market Analysis

    • Material Delivery

    • Ad Brand

    • Search Source

    • Language

    Last Updated Time 2021-08
    Australia Securities & Investment Commission

    Australia Securities & Investment Commission (ASIC)

    The Australian Securities and Investments Commission (ASIC) is an independent Australian government body that acts as Australia's corporate regulator, which was established on 1 July 1998 following recommendations from the Wallis Inquiry. ASIC's role is to enforce and regulate company and financial services laws to protect Australian consumers, investors and creditors. ASIC's authority and scope were determined by the Australian Securities and Investments Commission Act, 2001.

    • Licensed Institution :

      QIMI MARKET PTY LTD

      Effective Date :

      2020-06-26
    • Email Address of Licensed Institution :

      jason@hlkgroup.com.au

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      3 223 Liverpool St Sydney NSW 2000

      Phone Number of Licensed Institution :

      1300 669 605
    • Licensed Institution Certified Documents :

      USAFX ASIC监管截图 View Certified Documents
    National Futures Association

    National Futures Association (NFA)

    National Futures Association (NFA) is the industrywide, self-regulatory organization for the U.S. derivatives industry, providing innovative and effective regulatory programs. Designated by the CFTC as a registered futures association, NFA strives every day to safeguard the integrity of the derivatives markets, protect investors and ensure Members meet their regulatory responsibilities.

    • Licensed Institution :

      QIMI FXMARKET LTD

      Effective Date :

      --
    • Email Address of Licensed Institution :

      --

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      --

      Phone Number of Licensed Institution :

      --
    • Licensed Institution Certified Documents :

      FXMarket-NFA牌照 View Certified Documents

    FXMarket · MT4/5

    Identification Result

      FXMarket · Website

      Most visited countries/areas

          No content

          No data

          Load failure

          Load failure

          FXMarket· Genealogy

          FXMarket · Clones

          FXMarket · Market Analysis

          The data are from WIKI Research    2021.08.02 updated

          WikiFX prompts you

          This broker's score is relatively low.

          Please choose wisely! Please avoid unnecessary loss

          Continue
          FXMarket · Survey×

          ×
          FXMarket

          根據香港證券及期貨事務監察委員會的規定

          為確保您查看資訊及時性和準確性,我們將為您跳轉到相關的監管資訊頁面

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          Data Sources WikiResearch 2021.08.02 Update

          数据样本不足

          Data Sources WikiResearch 2021.08.02 Update

          FXMarket · Chart
          Date

          Insufficient data samples

          Rank by user activity which is calculated by the number of customers with trading operations of the broker within the stat period
          Data provided by VPS
          富拓 · 外链汇总

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          Alternate Text

          Data Sources WikiResearch 2021.08.02 Update

          WikiFX·pyramid scheme complaint
          1  Know about pyramid scheme  >
          2  Pyramid scheme complaint   >
          3  Done
          1. What is pyramid scheme complaint?
          With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
          2. 10 Features of Pyramid Scheme
          High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
          Report immediately
          Report This Platform
          FXMarket
          * Contact number
          0086
          *Enter your phone number
          *Reporting Reasons

          *Enter your reason
          Related Photos
          Confirm to Submit

          Submit successfully!

          You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

          Confirm
          FXMarket · Company summary

            Basic Information & Regulation of FXMarket

            Founded in 2002, FXMarket is an international professional stock index broker with headquarters in London, UK and offices in the US, Canada, Hong Kong, Malaysia, and St.Vincent, providing one-stop trading services including precious metals, commodities, stock indices, Hong Kong and U.S. stocks, bonds, and digital currencies. FXMarket (QIMI FX MARKET LTD) is an important part of FXMarket Group's globalization strategy in East and Southeast Asia. As a sub-brand of the Group, the QIMI stock index since its inception is the focus on the layout of the Asia-Pacific region and customer development to explore the various needs of Chinese customers around the world. The FX Market platform currently holds an authorized representative license from ASIC (license number: 001282243) and a general financial license from NFA (license number: 0527475), as well as being regulated offshore by the St. Vincent's Financial Conduct Authority.

            Security Analysis of FXMarket

            FXMarket holds an A.R. license from the top-tier regulator ASIC, FXMarket's general financial license from the U.S. NFA and its license from St. Vincent's FSA do not carry much gold content.

            Market Instruments

            FXMarket offers financial products such as index futures, stock CFDs, metals, commodities, and digital currencies.

            Accounts & Leverage of FXMarket

            FXMarket has three types of accounts: Standard (minimum deposit of $100), VIP (minimum deposit of $5,000), and ECN (minimum deposit of $20,000). Forex leverage is available from 1:50 to 1:1000 for standard accounts, 1:50 to 1:400 for VIP accounts, and 1:50 to 1:200 for ECN accounts.

            Trading Platforms Available of FXMarket

            FXMarket offers traders the most popular MT4 trading platform available today, as well as MT4 PC, MT4 Mobile, MT4 Web, and My FXBook automated trading. FXMarket MT4 forex trading accounts, linked to a variety of world-class Forex trading platforms, allow you to trade forex anytime, anywhere, whenever the market is open. All FXMarket trading platforms support real-time bi-directional links to MT4, and all MT4 trading platforms are updated simultaneously, meaning that you can place, close, pending and modify all orders in real-time, whether from your computer via client-side, browser, or cell phone, or iPad.

            Deposit and Withdrawal of FXMarket

            FXMarket supports a variety of deposit methods for traders. Traders can pay via domestic banks, international bank transfers, WeChat, Alipay, Cloudflare, online credit cards, and savings cards. The currencies available for internet banking transfers are USDT and RMB, and bank wire transfers (international SWIFT) are available in USD, EUR, GBP, and JPY. The single transaction limit for WeChat/Alipay/Cloud Flash Pay is US$100 - US$2,000. With regard to withdrawals, the deposit platform does not charge any fees (excluding international wire transfers and wallet payments). There are three free withdrawal opportunities per month for a single account for those who submit RMB withdrawal requests via the China UnionPay channel.

            Pros & Cons of FXMarket

            The main advantages of FXMarket are:

            1. Being regulated

            2. Wide range of trading assets

            3. MT4 trading platform

            The disadvantages of FXMarket are:

            1. High minimum deposit requirements for VIP accounts & ECN accounts

            2. Spreads not competitive

            3. Lack of popular e-wallet payment methods


          Risk Warning

          The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

          Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

          Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

          Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.