Digital Market Xchange Broker’s Rating:
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Digital Market Xchange Complaint – Digital Market Xchange Review
Is Digital Market Xchange a scam Broker?
Digital Market Xchange (DMX) is a forex, CFD, and Crypto broker that presents itself as one of the leading digital coin contracts and forex trading brokers in the world. Not only this, but the broker also promises to the traders that it will provide “the ultimate online trading experience” and excellent customer support. These claims and promises might seem attractive but the reality is that the broker Digital Market Xchange is registered on the Marshall Islands, however, it is located in the UK. The broker provides a leverage ratio of 1:500, which is way too high compared to the industry’s average.
The broker Digital Market Xchange is an unregulated offshore broker. There is nothing legit about this broker, neither the trading conditions nor the image of the broker. The broker is located in the UK but has no license issued by the FCA, UK’s financial regulator. Providing financial services from and in the UK is illegal if the broker providing such financial services is not registered with the FCA. Unfortunately, this broker Digital Market Xchange is not registered with the FCA, this means that the broker is not authorized to provide the trading services. Hence, we do not find the broker legit.
If you have traded with Digital Market Xchange and believe you have been scammed by them you have a chance to get your money back. Many unregulated brokers have been found to scam traders. At Broker complaint registry it’s our job to provide you detailed Digital Market Xchange review and make sure you can fight back and get your money refunded. By filling the form you have taken the first step to recover your money.
Is Digital Market Xchange a scam or legit broker?
Digital Market Xchange has been suspected as a scam broker. We don’t recommend to trade with them and if you are trading with Digital Market Xchange contact them immediately and try to get your fund out. If the Digital Market Xchange has done the following, you have probably a victim of Digital Market Xchange scam broker.
Reason to suspect a scam broker is in action:
- The broker froze your account
- The broker blocked your account
- You cannot login back into your account
- Money has been taken out from the account
- The broker doesn’t take your calls
- The broker shut down his website
- You noticed the broker took money out from your bank account with out your permission
- The broker is offering you a bonus
- The broker is offering you to fund more money into the account after you lost a large sum
Don’t give up. You can fight back and get your money refunded. Start by filling the form above and we will get in touch with you and provide you with information on how to start the process.
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