Menu

ExenMarkets Review: Exenmarkets.com Forex Scam

ExenMarkets Review: Exenmarkets.com Forex Scam

Share This!

ExenMarkets (Exenmarkets.com) is a CFDs and Forex broker scam that’s ready to unleash hell in the trading world. Exen Markets is claiming to offer users the chance to follow and trade with the right Crypto trend. EXENMARKETS is offering users the chance to join the digital asset trading world. Complains have been sent to us by investors who have lost money with this broker. Read this detailed Exen Markets Review.

ExenMarkets Review

ExenMarkets Review:

With claims and promises of offering users 100% welcome bonus, this broker surely puts everything out there. This broker has made a bold move by creating a compelling website that easily entices the eye. Looking at their homepage, it’s easy to believe why this broker has managed to rob so many investors. Most newbie investors have fallen for the cheap theatrics posted on this homepage. Here, we will reveal all the dirty tricks used by this broker.

Claims and promises are a major selling point for most scam brokers. Most of the time, they use over the moon claims and promises to lure investors into signing up. Claims of having all assets needed for quality trading are some of the empty promises with this broker. Free lessons and videos are educational claims that users are promised. Make sure you read this entire review and find out every dirty secret with this broker. There’s more than meets the eye.

Start making realistic profit margins with Accountable and Credible Crypto Currency Trading robots. Investors who start with Dependable and Transparent Crypto Currency trading robots are winning huge. Realistic profit margins can be attained by using industry backed and recommended Crypto Currency trading robots. Sign up with Efficient and Trusted Crypto Currency trading robots that are Honest at all times.

Who Owns ExenMarkets?

According to the disclaimer at the footer of the homepage, there are no details regarding ownership. Posted is registration details which claims this broker is located in London. It should be noted that scammers will do or say anything to get their products and services seem legit. Exen Markets is no different as they will easily use fake credentials to try and insinuate they are EU Based. Read this entire review as we will expose why this broker maybe offshore based.

NB: Interested In Mining Bitcoin And Other Cryptocurrencies for Profit? Now, You Can Mine Better, Faster and Smarter for More Profits With The Ready to Use, "High Performance", and Approved IQ Mining BTC Cloud Service For Miners.   With This Mining Service, You Will Get Up to 128% Yearly ROI from Mining Bitcoins Alone Without Having to Buy Any Expensive Mining Hardwares and Softwares! Not Only That, You Will Get Your First Payout In First Few Hours After Buying a Plan With IQ Mining. You’re Also Given a Dedicated Account Manager After You Buy A Plan Who Will Help You With the Best Pool Allocations and Account Setup Plans To Get the Most Out of Your Purchase.

endotech_AI_for_auto_crypto_trading

Problem with ExenMarkets is the fact that we don’t know who exactly runs this brokerage firm. Who is the CEO or CFO of Exen Markets? It’s possible that this brokerage firm is being run as a front to finance the next terrorist activity. Make sure to stay away from brokers who are anonymous in nature. With this broker, we don’t know who is actually running the website. This broker is trying to imitate Exen Capital LLC Company, beware!

Is ExenMarkets Licensed or Regulated?

ExenMarkets Scam

To be totally clear, ExenMarkets is not licensed or regulated by any regulatory body that we k now of. This can be proven by the fact that the FCA has no details regarding this broker. Looking at the FCA homepage, it does not have any results with Exen Markets name on it. This means that this broker is unauthorized to conduct any Forex business on behalf of Forex brokers. Stay away from this reckless broker who simply wants investors to deposit funds with them.

A real brokerage firm will post their registration details for all to see. Why hasn’t this broker failed to issue any documents to prove registration? It’s clear that we are dealing with a rogue broker who clearly has bad intent.

Trading Platform.

This broker claims to have the next generation trading platform. According to the details listed, this platform requires no download, has fast withdrawals and offers high payouts. This broker claims to offer a platform that handles low minimum orders. In order to test their platform, we had to sign up and trade with their platform. And this is where we faced our next red flag, a platform that’s totally unstable. This spells doom for any trader using their platform.

An unstable platform is bad news for any user since it leaves them vulnerable to attacks. Hackers will easily penetrate through unstable platform and gain access to sensitive material. Credit card information and personal data is what hackers go after in unstable platforms. Once these hackers have this information, they will order goods and services with your credit card. Next time you check your bank account, the amount will be zero thanks to anonymous online purchase.

Experts recommend Tested and Trusted Forex trading robots for maximum trading results. Investors who sign up with Industry BACKED Forex trading robots have a chance of making real money. Always go for Genuine and Transparent Forex trading robots that are efficient and honest at all times. Make the right decision today and sign up with Forex trading robots that are offer realistic returns. This is a proven way to make headway with Forex trading.

Account Types on Offer.

ExenMarkets is offering investors five different account types to choose from. These accounts are Start, Standard, Gold, Platinum, and VIP. Minimum acceptable deposit to start trading is $250, $5,000, $50,000, and $100,000. These accounts have access to over 160 trading assets and come with basic education and account manager.

What we noticed with these accounts is that they have the same perks with no mention-able differences. Gold and Platinum account holders are issued with trading strategy which is the only visible difference. It begs the question, why deposit $50,000 and get the same features as a person who deposits $5,000? Clearly, this broker did not think it through when they opened these accounts. Stay away from brokers who have accounts that have no clear advantages.

Are Funds Safe with ExenMarkets?

ExenMarkets Fake Review

If you haven’t noticed, this broker keeps vital information from users. Which EU banking institutions do they use to bank money deposited by investors? Lack of this vital information makes us question everything regarding this broker. It’s highly possible that investors are depositing money straight to the owner’s personal bank account.

When it comes to segregation of accounts, this is surely not the case with this broker. What this means is that ExenMarkets is pooling funds in one account, which is extremely dangerous. That’s not all, in case of bankruptcy or insolvency; this broker will lose all funds at once. And don’t expect any compensation as this broker does not participate in a compensatory scheme. It makes signing up with this broker a futile trading experience.

No Customer Support.

When it comes to claims of having 24/7 support, it’s all a lie. This broker has a major flaw in not offering live chat support. How do they expect users to contact them with matters that need quick solutions? Sending emails will not help as they take long to respond. What this means is that this broker simply wants to remain anonymous. Anonymity is a dangerous character to associate with in any online investment platform. Stay away from anonymous brokers.

Is ExenMarkets a Scam?

Without a shadow of doubt, ExenMarkets is a Scam that must be exposed. Make sure to mark all their emails as Spam and never click on any links sent by them. Hackers are using these links to steal personal data from users’ computers. Warn your friends and relatives from joining this broker or their affiliate programs.

ExenMarkets Final Verdict.

ExenMarkets Scam Review

After having gone through the evidence on our hands, we must flag this broker as a certified scam. Adding this broker to our blacklist is what we should do to ensure newbie traders are kept safe. By doing this, we hope that relevant authorities will investigate this platform and shut their operation down. This will greatly protect newbies and Forex investors from falling into this shitty Forex scam.

Sign up with Industry tested and trusted Forex brokers at all times. Make sure to get the best out of Forex trading by having reliable and reputable Forex brokers. Accountable and Honest Forex brokers will guarantee your safety when trading Forex. This is a sure way of making money with Forex trading.

Lastly, we wish you all the best in your Forex trading experience.

If You'd Like to Get Notified When This Blog is Updated, Subscribe Below...

Summary
Review Date
Product Name
ExenMarkets
Author Rating
11stargraygraygraygray

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

endotech_AI_for_auto_crypto_trading




Binary Option Scams, Warnings, Reviews & Updates...

Endotech_autotrading

Popular Articles

Follow Us

Valforex.com cannot be held liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Both Forex and Binary options involve high-risk and are not suitable for all investors. Either Forex or Binary options may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity… Read More

Show Buttons
Hide Buttons