Global Broker Regulation Inquiry App
About WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

EXMA TRADING

Saint Vincent and the Grenadines Saint Vincent and the Grenadines | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://www.exma-trading.com/

Website

Rating Index

Contact

+52 55 4073 1200
https://www.exma-trading.com/
First Floor, First St. Vincent Bank Ltd Building, James Street, Kings-town, St. Vincent, and the Grenadines.

license Forex License

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

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
5-10 years
Company Name
EXMA TRADING LLC
Email
support@exma-trading.com
Contact Number
+525540731200
Account Info
Verified Site
About Us
News
Wiki Q&A
Comment

Users who viewed EXMA TRADING also viewed..

Fortune Prime Global

Fortune Prime Global

8.58
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Fortune Prime Global
Fortune Prime Global
Score
8.58
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
Mitrade

Mitrade

8.61
Score
10-15 yearsRegulated in AustraliaMarket Making License (MM)Self-developed
Mitrade
Mitrade
Score
8.61
10-15 yearsRegulated in AustraliaMarket Making License (MM)Self-developed
Official Website
CPT Markets

CPT Markets

8.53
Score
ECN Account15-20 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
CPT Markets
CPT Markets
Score
8.53
ECN Account15-20 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
Official Website
EC markets

EC markets

9.24
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
EC markets
EC markets
Score
9.24
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website

Verified Site

  • exma-trading.com
    104.21.16.253
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Company Profile

Company Profile

Review summary

General Information & Regulation

General Information & Regulation

EXMA TRADING, a trading name of EXMA TRADING LLC, is allegedly a forex broker registered in Saint Vincent and the Grenadines that claims to provide its clients with various tradable financial instruments with flexible leverage up to 1:500 and floating spreads from 0.0 pips on the MT4 and MT5 trading platforms via three different live account types, as well as 24/7 customer support service. Here is the home page of this brokers official site:

General Information & Regulation

However, as for regulation, it has been verified that EXMA TRADING does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.82/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

EXMA TRADING advertises that it offers access to 1,250+ markets, including forex, metals, indices, cryptocurrencies, stocks and commodities.

Market Instruments
Market Instruments

Account Types

Apart from free demo accounts, EXMA TRADING claims to offer three types of live trading accounts, namely Gold, Diamond and Ruby. The minimum initial deposit is $250 for the old account, while the other two account types have much higher minimum initial capital requirements of $2,500 and $10,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.

Account Types

Leverage

The leverage provided by EXMA TRADING is adjusted based on account types. For instance, clients on the Gold account can experience a leverage of 1:100, while the Diamond and Ruby account can enjoy a higher leverage of 1:500. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads & Commissions

All spreads with EXMA TRADING are a floating type and scaled with the accounts offered. Specifically, the spread on the Gold account starts from 1.7 pips, while the Diamond and Ruby account members can enjoy tighter spreads from 0.0 pips. As for the commission on forex and metals, there is no commission charged on the Gold account, while the Diamond and Ruby account have to pay a commission of $5 and $3.5 per side per lot respectively.

Trading Platform Available

The platform available for trading at EXMA TRADING is one of the most notable and preferred trading platforms the market offers - MT4 and MT5 for Desktop, Mobile Apps and WebTrader. MT4 & MT5 are highly praised by traders and brokers alike due to their ease of use and great functionality. Both of them offer top-notch charting and flexible customization options. They are especially popular for their automated trading bots, a.k.a. Expert Advisors.

Trading Platform Available
Trading Platform Available
Trading Platform Available

Deposit & Withdrawal

EXMA TRADING says to work with numerous means of deposit and withdrawal choices, consisting of credit card and bank transfers, as well as multiple cryptocurrencies. The minimum initial deposit requirement is $250. All deposits and withdrawals are said to be charged a 1% transaction fee, and they can be processed instantly.

Deposit & Withdrawal
Deposit & Withdrawal

Customer Support

EXMA TRADINGs customer support can be reached by telephone: +44 2045252031, email: support@exma-trading.com or live chat. Company address: First Floor, First St. Vincent Bank Ltd Building, James Street, Kings-town, St. Vincent, and the Grenadines.

Pros & Cons

Pros & Cons

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

News

The Most Complained Brokers In India for July 2023

Exposure The Most Complained Brokers In India for July 2023

Wikifx's top priority is you that's why it always makes sure to share relevant and important information with you. Today, in this article, we are going to tell you about the most complained brokers in India for July 2023 based on Wikifx exposure data. Be alert and never invest in them.

Wiki Q&A

Is it risky to trade with EXMA TRADING?

EXMA TRADING is a high-risk trading entity. It holds no valid forex trading licenses from recognized authorities and operates without mainstream financial regulatory oversight, resulting in no formal investor protection or fund segregation. The broker's WikiFX score of 1.50 out of 10 reflects this profile.

04-02
United States

What is the regulatory status of EXMA TRADING?

EXMA TRADING is an unregulated broker. It does not hold any authorization from major financial regulators like the FCA, ASIC, or CySEC, and therefore operates without credible supervisory oversight.

04-02
United States

Where is EXMA TRADING registered?

The broker, EXMA TRADING LLC, is registered in Saint Vincent and the Grenadines, a jurisdiction that does not license or supervise forex brokers, offering no formal oversight of its activities.

04-02
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.

04-02
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.

04-02
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.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States
View More
Write a Review
3
Customer ServiceDownload AppScroll to TopTOP

Chrome

Chrome Extension

Global Forex Broker Regulation Query

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com