CCXMarkets Review: an Obvious Scam
General Information | |
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Broker Name: | CCXMarkets |
Broker Type: | Forex |
Country: | St. Vincent and the Grenadines |
Regulation: | - |
Address: | Suite 305, Griffith Corporate Centre, Beachmont Kingstown, P.O. Box 1510, St. Vincent and the Grenadines |
Broker status: | Not regulated |
Account | |
Minimum deposit ($): | $300 |
Maximal leverage: | - |
Spread: | - |
Scalping allowed: | - |
Content of Table
- General Information, Regulations and Licensing
- Account Types
- Trading services
- Customer Service
- Other Reviews
- Conclusion
Writing a CCXMarkets review is a challenging endeavor, in that there is not much to say about this company. Reason for this being that, They have few to no information on their website regarding their operation. From what we do know is, that they are an offshore broker. This already on its own is basis for suspicion, as it is well known that offshore accounts are almost always impossible to hold accountable for misconduct. Because of this, any time a broker is offshore, there is a high probability that it is a scam. In addition to this, CCXMarkets does not seem to be regulated. This goes beyond dubious, because it is common practice for legitimate brokers to have a regulating body tied to it.
However, the final nail, so to say, in the coffin for CCXMarkets in this review is the their giver address. This address, which is: Griffith Corporate Centre, Suite 305, P.O. Box 1510, Beachmont Kingstown, St. Vincent and the Grenadines; is well known to be used by multiple scam broker companies. By this point it is a sure way of identifying such scam brokers as CCXMarkets.
Account Types
CCXMarkets has 8 different account types. However, very few information is given on the website as to what each one includes. When usually there is at least a bullet point summary of benefits and perks that the various account types might include, CCXMarkets does not provide with any relevant information and only names the increasingly expensive account types on its website. The vagueness of the information is in line with the rest of the profile of this obvious scam firm.
Other Information on The Broker
In case you are still curious what CCMarkets.com has to offer despite this review, then there are a few things that they do give information about. They claim to offer a surprisingly wide variety of pairs, which include some minor currencies as well. These include, USDBRL, USDTHB, USDZAR, USDTRY, USDSGD, USDMXN, USDPLN, USDILS, USDINR, USDKRW, USDRUB, USDRON, USDHKD, USDIDR, USDHUF, USDCZK, USDCNH, USDSEK, USDNOK and USDDKK, as well as CFDs on crypto coins, commodities, indices and stocks.
Customer Service
Contact details in the customer service section are not very helpful. This, of course being by design. The only sure way to get in touch with the brokers and get a response is through email. All other options to have communication with the team at the broker firm are unusable. This is very common practice with scam broker sites. They make it as hard as possible to contact them and usually make it impossible to get a live phone call or text conversation in order to get away with their misinformation or mismanagement.
Other Reviews of The Broker
You might be wondering, why you would trust one website against another one. Well if you don’t trust us, then read any number of other reviews that are posted online on other reputable websites. Every review that you will be able to find out there will say the same thing we are saying, that CCMarkets is a scam broker and not a very clever one at that.
CCXMarkets Review Conclusion
In conclusion, There isn’t much to sum up. This broker firm is barely even attempting to hide its true intentions. Any moderately experienced trader will be able to realize that this is not a genuine broker, because of all the tells that scam brokers have, this one checks all of them. If you are an unexperienced/starting broker, keep in mind the few ways that you can often single out a scam broker. These are usually, offshore, unregulated and hard to contact. Also don’t forget to ready many reviews from different sites, to tell if the broker is genuine.
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Trading Instrument
Avoid them
Avoid this broker by all means. They are not regulated.
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Worst broker
Worst broker. They sounded unsure and unknowledgeable.
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Lost all my money
I am now depressed because of this broker. They have shown me potential earnings and convinced me to invest that much which I did but I lost everything. I even sold some properties for this.
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Poor broker performance
Poor broker performance. From services to signals and withdrawals. All here are below satisfactory.
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Pathetic forex brokers
Pathetic forex brokers, poor signals. Inaccurate market forecast.
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Dificult to contact
While it is true that I can trade anywhere since I can download the trading app on my mobile phone, the problem I faced is that I can not get customer support anytime and anywhere. They are very difficult to contact.
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Bad broker
Bad services. Stay away from this broker.
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Not recommended
Not a recommended broker for online trading. They ignore trading concerns.
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Troubled with withdrawals
I am having trouble with my withdrawals. I am doing some follow-ups but they keep on transferring me from one person to another, ending with no resolution at all.
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Bad broker
Bad broker company. Stay away from them.
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Lose huge money here
To limit my losses with this broker I have closed my trading account after a month of activating it. I noticed more losses than winning trades.
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Do not deal
Do not deal with them, they do not pay profit.
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Poor broker performance
Poor broker performance. From services, to signals and withdrawals. All here are below satisfactory.
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Very bad broker
Very bad broker, bad execution and poor customer service.
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Very unprofessional
They are very unprofessional. Customer service place me on a long hold as I am waiting for thier resolution regarding missing withdrawal but never get back to me.The moment I hang up and dialed again no one picks up the phone.
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