felixmarkets.com Scam Check: 10/100 Trust | ScamMinder

Exercise caution when interacting with this website.

Felix Markets is a website that claims to be a global forex broker offering trading in various asset categories such as forex, metals, shares, indices, commodities, and cryptocurrencies. It also mentions being the official partner of Levante UD, a football club in Spain. The website provides information about its products, platforms, accounts, and partner programs. It also includes a risk warning about trading derivatives. However, several red flags and concerns can be identified: 1. **Lack of Detailed Information:** The website lacks detailed information about its company background, history, team, and physical office locations. Legitimate financial service providers typically provide comprehensive information about their company. 2. **Regulatory Concerns:** The website mentions being regulated by the Australian Securities & Investments Commission (ASIC) and the National Futures Association (NFA) in the US. However, it's essential to verify these regulatory claims independently, as some fraudulent entities falsely claim regulatory oversight. 3. **Unrealistic Promises:** The website makes bold claims about high leverage ratios, low spreads, and professional customer support. It's important to approach such promises with caution, as they may not always reflect the actual trading experience. 4. **Official Partnership with Levante UD:** While the website claims to be the official partner of Levante UD, it's crucial to verify the authenticity of this partnership independently. Official partnerships with reputable organizations are typically transparent and well-documented. 5. **Risk Warning:** While the website includes a risk warning, it's essential to consider whether the level of risk associated with trading derivatives is adequately emphasized, especially for inexperienced or non-professional traders. 6. **Limited Contact Information:** The website provides an email address and phone number, but it's important to ensure that there are multiple channels for customer support and that the contact information is responsive and reliable. 7. **High-Risk Nature of Forex Trading:** It's important to note that forex trading, especially with high leverage, carries a significant risk of financial loss. The website should provide clear and prominent risk disclosures to ensure that potential traders are fully aware of the risks involved. Given these concerns, it's advisable to conduct thorough due diligence and consider seeking independent financial advice before engaging with Felix Markets or any similar online trading platform. Additionally, it's crucial to verify the regulatory status and legitimacy of any financial service provider before making any investments or commitments."

• Lack of Detailed Information, Regulatory Concerns, Unrealistic Promises, Official Partnership Verification, Risk Warning Adequacy, Contact Information Transparency, High-Risk Nature of Forex Trading