brokers

FxMagnus(fxmagnus.com): Reviews-SCAM

Contact

  • Site: https://www.fxmagnus.com;
  • Feedback form;
  • Phone: +447418352237;
  • Email: support@fxmagnus.com;
  • Office location: Tallinn, Estonia.

General information

FxMagnus is an Estonian company that talks about four years of experience in the financial markets. Potential clients are told about access to risk management, high liquidity. The list of available instruments on the platform includes CFDs on Forex currency pairs, commodities, stocks, cryptocurrencies and indices. The minimum deposit is $250. There are opportunities for margin trading (leverage – up to 1:1000).

Checking the date of registration of the domain on a specialized whois service showed that the company lied about a solid experience in the financial markets. The site has been active since October 20, 2022.

Before registering on the FxMagnus platform, traders need to familiarize themselves with internal documents:

  • Privacy Policy
  • Cookie Policy;
  • F.A.Q.;
  • Terms and Conditions;
  • Risk Disclosure
  • Anti Money Laundering.

If you have questions, you can contact the project managers. To do this, there is a feedback form, email, phone.

According to legend, the brand is managed by Cloudview OU. The platform has a legal address in Estonia, as well as a certificate of incorporation number. There is no scanned copy of the document on the site. It is necessary to verify its authenticity yourself. The FxMagnus broker and its parent company are not on the list of licensees of the local regulator.

Summing up

FxMagnus is a fraudulent company, it provides services illegally. Reviews about the broker have just begun to appear. Feedback is negative, traders do not recommend registering on this platform. What do you think about cooperation with this broker? Post reviews under our article to share your personal experience with others.

I do not recommend registering on the FxMagnus platform, the company is cheating newbies. It uses fake recommendations and a manipulated terminal for this. It is impossible to return the money!

I fell into the financial trap of FxMagnus through my own stupidity, I did not know anything about trading in the financial markets. I thought that I could get qualified support here, but in the end I only lost $ 3,000. It was not possible to return what was spent.