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Global Broker Regulation & Inquiry App

Score

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ActiveFX Markets

United Kingdom|1-2 years|
Suspicious Scope of Business|High potential risk|

https://activefxmarkets.com/

Website

Rating Index

Contact

support@activefxmarkets.com
https://activefxmarkets.com/
Kemp House 160 City Road London EC1V 2NX United Kingodm.

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

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Company Name

ActiveFX Markets

Abbreviation

ActiveFX Markets

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away!
Previous Detection : 2024-11-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

ActiveFX Markets · WikiFX Survey

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ActiveFX Markets · Company Summary

ActiveFX Markets is an offshore broker. It provides multiple trading assets, like currencies, stocks, indices and commodities. Traders can trade on its own platform or popular trading platform MT5. However, it is not regulated by FCA or any other financial authorities.

Pros and Cons

Pros Cons
Multiple tradable assetsNot regulated
MT5 platform offeredLack of transparency
Quite new in the industry

Is ActiveFX Markets Legit?

ActiveFX Markets boasts about being based in the UK and licensed by the Financial Conduct Authority (FCA). However, FCA alerts that traders should be aware of scams.

Warning

What Can I Trade on ActiveFX Markets?

Tradable Instruments Supported
Currencies
Stocks
Indices
Commodities
Cryptos
Energies

Account Type

ActiveFX Markets offers two live account types, Micro and Super Premium accounts, with minimum deposit requirements of $100 and $5,000 respectively.

Leverage

The leverage of ActiveFX Markets is up to 500:1, which is higher than average brokers. But traders should know leverage can enhance returns, it also can increase losses.

Spreads

ActiveFX Markets spreads vary depending on account types, ranging from 0.3 pips on Super Premium account to 2.0 pips for Micro accounts.

Trading Platform

Trading PlatformSupported Suitable for
ActiveFX Markets platformExperienced traders
MT5

Deposit and Withdrawal

Payment Options Min. DepositFees Deposit Processing Time Withdrawal Processing Time
Bank wire$100$25+2-5 business days5-10 business days
Skrill$1002%1 hour24 hours
Neteller$1002%1 hour24 hours
Crypto$100Fee depends on crypto24 hours24 hours

Customer Service

Contact Options Details
Phone
Email support@activefxmarkets.com
Support Ticket System
Online Chat
Social Media
Supported Language
Website Language
Physical Address Kemp House, 160 City Road, London, EC1V 2NX

The Bottom Line

To sum up, ActiveFX Markets is not a good choice for trading. Traders first think about safety, while ActiveFX Markets is not regulated. In addition, it was founded in 2024, so it is a very new institution, which indicates lack of industry experience. Traders should keep cautious.

FAQs

Is ActiveFX Markets safe?

No, it is not regulated by FCA or other financial authorities.

Is ActiveFX Markets good for beginners?

No, the absence of regulation and details of information can take many risks for beginners.

Is ActiveFX Markets good for day trading?

No. The fees for withdrawal are very high.

News

FCA LATEST WARNING

ExposureFCA LATEST WARNING

2024-06-26 13:25

The Financial Conduct Authority (FCA) has issued a recent warning against ActiveFX Markets to consumers.

WikiFX
2024-06-26 13:25
Exposure
FCA LATEST WARNING

Review

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