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Score

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/10

KLIMEX

Australia Australia | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

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Website

Rating Index

Influence

Influence

D

Influence index NO.1

Egypt Egypt 2.42
Surpassed 16.10% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

61282352788
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iCount Building, Kumul Highway, Port Vila, Vanuatu.

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Keywords 4
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Account
Marketing Strategy
Biz Area
Website
Company Summary
Disclosure
Wiki Q&A
Comment

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Sources
Language
Mkt. Analysis
Creatives

Website

Most visited countries/areas
CyprusCyprus
  • klimexcm.com
    87.76.16.11
    Server Location
    Australia Australia
    ICP registration
    --
    Most visited countries/areas
    Cyprus Cyprus
    Domain Effective Date
    0001-01-01
    Website
    WHOIS.TUCOWS.COM
    Company
    TUCOWS DOMAINS INC.

Company Profile

Company Profile

Review summary

General Information & Regulation

Klimex Capital Markets (KlimexCM) is a forex broker based in Australia, offering investors currency, indices, and commodity trading services. klimexCM claims to be a representative of Vantage FX Global, which is fully licensed by the Australian Securities and Investments Commission (ASIC). However, this ASIC license is suspected to be a clone one.

Market Instruments

KlimexCM offers investors tradable financial asset classes, including Forex currency pairs, indices, and commodities. Fewer asset classes are available on the KlimexCM platform compared to many other brokers.

Minimum Deposit

KlimexCM offers its investors two different account types, the standard account, and the original account. Both accounts requires a minimum deposit of $100

KlimexCM Leverage

When it comes to trading leverage, the maximum trading leverage offered by KlimexCM is relatively high, reaching up to 1:500. Since margin leverage is full of risks, inexperienced traders are not advised to use such high trading leverage in case of heavy fund losses.

Spreads & Commissions

KlimexCM's standard account has an average spread of 1.8 pips on EURUSD, while the spread on the raw spread account starts from 0.6 pips, and the commission is 6 USD per lot.

Trading Platform

KlimexCM offers trading through the MetaTrader 4 (MT4) platform. It is a reliable choice for currency traders as it is both simple and comprehensive. Many traders prefer the automated trading environment, where the system (Expert Advisor) can be easily implemented.

Deposit & withdrawal

KlimexCM supports traders to deposit and withdraw funds through a range of convenient and efficient methods such as wire transfer, credit/debit cards, China UnionPay, Neteller, and Skrill. Wire transfers take a few days to process, while other methods are instant.

KlimexCMPros & Cons

KlimexCM advantages Include:

1. MT4 trading platform

2. Minimum deposit requirements acceptable

3. A wide range of funding options

KlimexCM disadvantages Include:

1. Clone license

2. Uncompetitive spreads

3. Limited tradable assets

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Is it risky to trade with KLIMEX?

Trading with KLIMEX CAPITAL MARKETS carries an exceptionally high-risk profile according to WikiFX assessments. The broker's regulatory status is unverified, operating without demonstrably valid authoritative forex trading licenses, which means client funds are not protected by standard financial oversight mechanisms. This objective profile necessitates a heightened level of due diligence from prospective clients.

Two days ago
United States

Is KLIMEX regulated?

No, KLIMEX CAPITAL MARKETS is not regulated. The entity operates without any credible mainstream regulatory oversight. While it claims a connection to an ASIC-licensed company, this link is flagged as 'Unverified' by WikiFX, and the broker itself lacks a verifiable license, a critical consideration for fund safety.

Two days ago
United States

When was KLIMEX established?

KLIMEX CAPITAL MARKETS, based in Australia, claims to have been operational in the forex industry for 5 to 10 years. The broker offers a Standard Account with a $100 minimum deposit and leverage up to 1:500, focusing on currency, indices, and commodity trading.

Two days ago
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

Two days ago
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

Two days ago
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

Two days ago
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

Two days ago
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

Two days ago
United States
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