General Information
GenuineFX says it is an automated forex and cryptocurrency trading platform owned by GenuineFX Auto Arbitrage Trading Corporation.
Is GenuineFX safe to trade with？
When it comes to regulation, GenuineFX obviously disappoints us. It has been verified that this broker is not authorized or regulated by any regulatory authorities to conduct forex and CFD trading services. Thats why its regulatory status is marked as “No License” and it got a pretty low score of 1.03/10 on the WikiFX website.
Trading with an unregulated financial service provider is taking a huge risk of losing your money. Before deciding which forex broker to use, investors are advised to use WikiFX to check out its regulatory information.
Market Instruments
GenuineFX mainly provides trading services on the Foreign Exchange and Cryptocurrency markets.
How to get started to trade with GenuineFX？
Getting started to trade with GenuineFX is easy and simple, with a few straightforward steps to follow:
1. Click on the “Register” link on the homepage of GenuineFX.
2. Fill in required details and upload your personal data for this brokers verification.
3. After approval, you can fund your account and start to trade with this broker.
High Profits Warning
GenuineFX promises that GenuineFX Auto Arbitrage and Auto Scalping Guarantee a daily profit of 1.8%, with no loss mentioned.
Here traders should take extra vigilance, for many brokers use high profits and continuous returns to lure innocent investors jump into their traps. All what they do is want to extract users all available money, and then disappear.
Trading App
GenuineFX fails to offers its clients the industry-leading MT4 or MT5 trading platform. What it provides is a trading APP that can be run on Android and IOS devices.
Customer Support
Traders with any inquiries or trading-related issues can reach out to GenuineFX through email and phone support, 7x24 customer support available. Here are contact details:
Telephone: +0800-987654
Email: support@genuinefx.com
A Contact Form (Fill in some required details and wait to be contacted)
Registered Offices Address: 1800 Edmond St #UNIT 223, Las Vegas, Nevada, 81946.
Or you can also follow this forex broker on some social media platforms, such as Twitter, Linkedin, Youtube and Instagram.
Risk Warning
Forex and CFD are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when forex and CFD trading with this provider. You should consider whether you can afford to take the high risk of losing your money.
Please note that the information presented in this article is intended solely for reference.
