WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

Madexu Trade MT5

China|1-2 years|
High potential risk|

https://madexulan.com/

Website

Rating Index

Contact

support@madexulan.com
https://madexulan.com/

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

Open Now

Contact number

Other ways of contact

Broker Information

More

Company Name

Madexu Trade MT5

Abbreviation

Madexu Trade MT5

Platform registered country and region

China

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-11-15
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Madexu Trade MT5 · WikiFX Survey

Users who viewed Madexu Trade MT5 also viewed..

XM

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)
Official website

Exness

8.30
Score
10-15 yearsRegulated in CyprusMarket Making(MM)
Official website

ATFX

8.92
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)
Official website

CPT Markets

8.60
Score
10-15 yearsRegulated in United KingdomMarket Making(MM)
Official website

Madexu Trade MT5 · Company Summary

Aspect Information
Company Name Madexu Trade MT5
Registered Country/Area China
Founded year 2023
Regulation Not regulated
Minimum Deposit N/A
Maximum Leverage N/A
Spreads N/A
Trading Platforms N/A
Customer Support Email(support@madexulan.com)

What is Madexu Trade MT5?

Madexu Trade MT5, operating from the China, lacks regulation, triggering worries about transparency and adherence to industry standards. Their official website is inaccessible attract attention to the reliability of their trading platform. Clients can contact them via email(support@madexulan.com).

What is Madexu Trade MT5?

If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.

Pros & Cons

Pros Cons
N/A
  • Lack of Regulation
  • Increased Risk
  • Website Inaccessibility

Pros:

N/A

Cons:

  • Lack of Regulation: Madexu Trade MT5 operates without regulatory oversight, exposing users to higher risk. The absence of regulation raises concerns about the platform's commitment to adhering to industry standards and protecting user interests.

  • Increased Risk: Investing with Madexu Trade MT5 carries a higher level of risk due to the lack of regulation and the uncertainty surrounding the broker. Without proper oversight, there is a potential for funds to be misappropriated or for the broker to disappear without notice, putting investors' capital at risk.

  • Website Inaccessibility: Madexu Trade MT5's website is inaccessible. An inaccessible website can damage a companys reputation, leading to a loss of trust and credibility among existing and potential customers. This lack of accessibility may also hinder users from accessing important information or executing trades efficiently.

Is Madexu Trade MT5 Safe or a Scam?

Madexu Trade MT5 operates without regulatory oversight, raising concerns about transparency and adherence to industry standards. In an industry where trust and reliability are paramount, the absence of regulation and comprehensive information may deter potential users from engaging with the platform.

Customer Service

Madexu offers accessible customer support through email at support@madexulan.com. This contact method allows users to reach out with inquiries or concerns conveniently.

Conclusion

In conclusion, the inaccessibility of their official website is a red flag and raises doubts about the trustworthiness of their trading platform. This lack of accessibility indicates a higher level of risk associated with investing with Madexu Trade MT5.

Also, there is a lack of information regarding the market instruments offered by Madexu Trade MT5, the availability of account, leverage options, spread, trading platforms, minimum deposit requirements, and other key details.

Frequently Asked Questions (FAQs)

Q 1: Is Madexu Trade MT5 regulated by any financial authority?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: How can I contact the customer support team at Madexu Trade MT5?
A 2: You can contact via email: support@madexulan.com.

Exposure

Madexu Trade MT5 has faced three instances of exposure, with users reporting difficulties in withdrawing funds from the platform. Users have encountered obstacles in accessing their funds, with the exchange allegedly requiring VIP account upgrades for withdrawals and failing to process withdrawal orders.

Additionally, users have reported coercive tactics, such as forcing investors to upgrade their accounts and subsequently locking their accounts under the guise of updating account information. These exposures suggest significant challenges in accessing funds and raise issues about the platform's integrity and user trust.

Review 3

3 Comments
Write a comment
All(3) Latest Exposure(3)
Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com