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/10

KLIMEX

Vanuatu|5-10 years|
Suspicious Regulatory License|MT4/5 White Label|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

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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
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
KLIMEX
Fusion Markets
MaximusFX

Contact number

French

61282352788

Broker Information

More

Company Name

KLIMEX CAPITAL MARKETS

Company 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 : 2024-03-28
  • 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!

WikiFX Verification

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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

User Reviews

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User comment

4

Comments

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FX1352454658
more than one year
Tormented by this broker, Klimex, for a long time. I opened a standard account last year, and everything went well at very first, but when I began to place more trades, spreads suddenly became huge. They said it was normal due to the markets. And they told me to put more money regardless of temporary losses. and what really annoyed me was that they don’t allow me to withdraw my account balance.
2023-03-23 10:11
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0
0
Harris
more than one year
traded with this broker one years ago, and Klimex was a good broker. Its mt4 trading platform was quite smooth, and a guy named Adam was very helpful, always available to solve my trading-related problems. I remember I made two profits on this platform, and withdrawals didn’t have any problems.
2022-12-05 17:34
Reply
0
0
FX1082756141
more than one year
Customer service deserves five stars! They must have received good professional training, the service attitude is very warm, and the reply is timely. Unlike the brokers I have traded with before, their customer service is always on and off.
2022-12-05 16:35
Reply
0
0
覃文杰【火雲】
more than one year
So far, I agree that klimex is a good broker...it offers high leverage, a demo account and an MT4 platform. But now I read on wikifx that this platform is actually not regulated. Is he a liar? Do I need to withdraw all my money now? Can someone tell me the answer?
2022-11-21 18:25
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0
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