Genix Markets Broker Review
- 350+ Tradable Assets
- The minimum deposit fee is high
- Not strictly regulated
Genix Markets Broker Review – All The Truth About GenixMarkets.com Platform
We are pleased to present to you the Genix Markets review without too much hassle. Based on our research and clients’ experience with this fraudulent company, everything written here is based on our findings.
Think again if you thought Genix Markets might be a good place for your money before reading this.
To begin with, we invite you to visit our recently updated scam broker reviews for Brokeragea, Moneta Markets, and InstaForex. There is a danger to your funds with them!
- Offshore Broker Status: Unregulated
- Licensed by: Unlicensed company (no licensing)
- Websites of scammers: GenixMarkets.com
- Forex Trading Scam: Active
- Scam listed by: N/A
- Owner of the broker: N/A
- Country of headquarters: Saint Vincent and the Grenadines
- Year of foundation: N/A
- Platforms for online trading: WebTrader
- Mobile Trading: Only through web browsers
- Deposit minimum: $250
- Bonuses: None
- Trade Crypto Assets: Available
- CFD Trading Option: No, you cannot trade CFDs
- Trading instruments: Forex (FX), Commodities, Indices, Stocks, Cryptocurrencies
- Leverage maximum: 1:500
- There is no Islamic account available.
- Demo Accounts are free: Yes.
- US traders are not accepted: US traders are not accepted.
- Experts’ Verdict: Don’t Invest in This Scam Broker!
Genix Markets Regulation – No Regulatory Approval
Genix Market’s forex brokerage does not have an official owner, and Saint Vincent and the Grenadines is its country of jurisdiction.
The FSA – an authority body that registers financial companies and directs them to opt for regulation in the land of service – is well aware that SVG does not have a financial regulator, so we’ve got our answer to is Genix Markets regulated.
In case of a problem, we checked FCA, ASIC, BaFin, and several more Tier 1 license providers.
What’s Wrong With Genix Markets License?
As mentioned above, Genix Markets is not regulated, and you should be aware of that. You do not have a money guarantee like Tier 1 regulators that force companies to form a compensation fund with brokers such as Genix Markets.
Furthermore, if you have already deposited money with EdexInvest, BlackBull Markets or Turnkey Forex and cannot retrieve it – we can help!
Scammed By Genix Markets Broker? – Talk To Our Experts Today
Those scammed by Genix Markets trading scam should report it immediately. Some reports have been received by Global Fraud Protection recently stating that clients have been scammed by Genix Markets and cannot withdraw their funds.
Contact us via online chat to let us know what happened, and we will schedule a free chargeback consultation. It’s time to get what’s rightfully yours back!
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FAQ Section:
What Is Genix Markets, And Should I Invest Money In It?
It is a fraudulent broker not worth your time or money. There is a danger to your funds!
What Is The Genix Markets Minimum Deposit?
Genix Markets allows you to deposit a minimum of $250.
Which Trading Platforms Are Supported By Genix Markets Broker?
The company claims to support WebTrader and MT4, but only WebTrader is available.
Are My Funds Safe With Genix Markets?
It is unlikely that your funds will be safe since we are dealing with a fraudulent offshore firm.