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Do You Want to Know If DiamondFX Is Legitimate or a Scam Broker?
DiamondFX claims to be a reliable broker, but it has no license, provides no details about who runs it and seems dodgy. It’s located in St. Vincent and the Grenadines, a place many fake financial companies go if they lack licenses. Brokers located here provide very little oversight and their customers don’t enjoy the same protection they would if they signed up with a regulated broker.
There Are Some Problems with DiamondFX
DiamondFX offers a leverage as high as 1:500, which is unsafe for traders. Basically they encourage clients to trade on the margin, which can put them at risk of listing their money. DiamondFX claims to offer the MetaTrader 4 platform, but there is no evidence of this. We can’t see terms and conditions or any names and credentials about the people who run DiamondFX. We don’t recommend opening an account with this broker. Close your account and demand your money back.
Red Flags that DiamondFX Could Be a Scam Broker
- No license
- No transparency
- False claims
- Bad reviews
If You Need Fund Recovery from DiamondFX,Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with Diamond, close it and request a withdrawal. If you are not given your money back, contact the Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.