Note: IMEXs official site - https://www.imexfinance.ru/index.html is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
IMEX Information
IMEX is an unregulated online brokerage firm registed in Ireland. While claiming to have been around since 2011, the company was only registered in the UK in 2022. The platform lacks transparency, with discrepancies in investment plans, high minimum deposit requirements, and questionable legitimacy.
Pros & Cons
Pros
- User-friendly Web Terminal Platform: The platform offers a user-friendly interface with market analysis tools, quote data, currency rates, expert analysis, an economic calendar, and other functions for successful trading.
Cons
- Limited Information on Available Assets: The information does not specify the range of financial instruments or assets available for trading on the platform.
- Unclear licensing and Regulatory Status: The information provided oes not clarify the licensing and regulatory status of IMEX Finance, which raise concerns about the company's compliance with financial regulations.
- Unfunctional Official Website: The official website of IMEX Finance is reported to be unfunctional, which raises concerns about the accessibility and reliability of the platform.
- High Minimum Deposit Requirement: IMEX Finance imposes high minimum deposit requirements for opening a trading account. With a minimum deposit requirement of $1,000, you may find it challenging to meet this financial threshold.
Is IMEX Legit?
- Regulatory Sight: IMEX is currently not regulated by any recognized financial authority. Traders should exercise caution and conduct thorough research before engaging with IMEX .
- User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.
- Security Measures: So far we haven't found any information about the security measures for this broker.
Account Types
Based on our research, it appears that IMEX offers four different types of trading accounts. However, detailed information about these specific accounts is currently unavailable.
Trading Platform
As for the trading platform, IMEX doesn't provides its clients with many options except for its own platform called the Web Terminal which provides users with market analysis tools, quote data, expert analysis, and an economic calendar to facilitate trading activities.
However, there are public platforms such as tradingview, MT5 and MT4 that have served many clients worldwide. If you didn't want to spend time familiarizing yourself with a new platform, you could choose public platforms. The choice is yours.
Trading Tools
IMEX provides users with a variety of trading tools on its Web Terminal platform, including market analysis tools, quote data, expert analysis, and an economic calendar. These tools are designed to assist traders in making informed decisions and navigating the financial markets effectively.
Customer Support
- Phone: +7 495-204-39-42
- E-mail: support@imexfinance.ru
- Physical address: 1 Mill Road, Doagh, Ballyclare, Northern Ireland, BT39 0PQ
Conclusion
In conclusion, IMEX Finance raises significant red flags due to its lack of regulation, discrepancies in information, website functionality and questionable legitimacy. Traders and investors should proceed with caution when considering using this platform for their financial activities. It is advisable to explore more reputable and transparent options in the market to ensure the safety and security of your investments.
Frequently Asked Questions (FAQs)
What is the minimum deposit requirement to open a trading account?
$1,000.
Is IMEX Finance a regulated broker?
No. IMEX is currently not regulated by any recognized financial authority.
What trading platform does IMEX offer?
Web Terminal.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.