✔️ Information reviewed and updated in July 2024 by Pedro Martínez González

In this section we will tell you why You should NOT invest in Elmercado FNX. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…

A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about Elmercado FNX and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websiteelmercado-efnx.com
🏠 CompanyUnmentioned
RegulatoryNot regulated
📧 Email[email protected]
📈 PlataformMT4
📌 AddressUnknown

⚠️ Elmercado FNX does not mention the legal name of the company that operates it and there is no data on its location. Clients are unprotected. ⚠️

Account types

Elmercado FNX does not offer different accounts for trading.

Information on the web

Elmercado website

Elmercado FNX provides a basic explanation about the financial products it offers, market news and analysis, really not much more than this.

List of phone numbers

At the moment we have not found phone numbers.

🚫 Final valuation of Elmercado FNX 🚫

Finally, and in a few words, Our recommendation is: DO NOT INVEST WITH Elmercado FNX.

As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.

In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!

Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.

Updates

News about Elmercado FNX:

Date Update – news
November 2023Complaint against Elmercado FNX financial regulator CNMV

User Reviews

[democracy id = ”8682 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with .

At the end of the review you will find customer comments.


How to Claim Money Scammed by Elmercado FNX

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report Elmercado FNX

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

How can I report Elmercado FNX?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is Elmercado FNX a scam – is it a scam?

Yes. We believe that Elmercado FNX is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.

Is Elmercado FNX reliable?

No. Elmercado FNX is not reliable, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.

How to recover money from Elmercado FNX?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

Are there (recommended) alternatives to Elmercado FNX?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

16 comments on «Is FNX market a scam? Opinions»

  1. Javier Ciria Arroyo Reply

    Scam. I entered €250 and shortly they offered me 3 bitcoins at €10/000 and they would buy them back in 1 days at the current price (3/39000). The last straw was when the “broker” told me that she no longer did it because she was rich and she worked for free to help others. .

    • Recommended-brokers.com Reply

      Hello Javier, thank you for writing about Elmercado FNX. This broker is considered a SCAM. The CNMV (Spanish Financial Regulator) has put a notice on them, for lack of regulation and for deceiving their clients (See CNMV link).

      We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you have lost everything and they keep it that way.

      If when you request a withdrawal, they ask you for more to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.

      All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the names of your advisor, numbers, emails from which they have contacted you, etc.

      To get your money back, talk to our CHAT or fill out the Form at this link: CLAIM YOUR MONEY

      Greetings.

  2. Jose Reply

    Don't even pay attention to them, they are very good scammers, they convince you to invest and once the money passes, they block you and you cannot report them, they use emails and telephone numbers that change weekly, they are global scammers.

    • Recommended-brokers.com Reply

      Hello Jose, thank you for writing about Elmercado FNX. This broker is considered a SCAM. The CNMV (Spanish Financial Regulator) has put a notice on them, for lack of regulation and for deceiving their clients (See CNMV link).

      We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you have lost everything and they keep it that way.

      If when you request a withdrawal, they ask you for more to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.

      All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the names of your advisor, numbers, emails from which they have contacted you, etc.

      To get your money back, talk to our CHAT or fill out the Form at this link: CLAIM YOUR MONEY

      Greetings.

  3. Jose Reply

    The FNX market are scammers, they convince you to invest and once the money is in their account because they transfer it from your account to theirs, once inside they disappear, they are good professionals

    • Recommended-brokers.com Reply

      Hello Jose, thank you for writing about Elmercado FNX. This broker is considered a SCAM. The CNMV (Spanish Financial Regulator) has put a notice on them, for lack of regulation and for deceiving their clients (See CNMV link).

      We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you have lost everything and they keep it that way.

      If when you request a withdrawal, they ask you for more to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.

      All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the names of your advisor, numbers, emails from which they have contacted you, etc.

      To get your money back, talk to our CHAT or fill out the Form at this link: CLAIM YOUR MONEY

      Greetings.

  4. Zoe Humerez Reply

    This company is reported by the CNMV regulator!! be careful

    • Recommended-brokers.com Reply

      Hi Zoe, thanks for writing about Elmercado FNX. This broker is considered a SCAM. The CNMV (Spanish Financial Regulator) has put a notice on them, for lack of regulation and for deceiving their clients (See CNMV link).

      We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you have lost everything and they keep it that way.

      If when you request a withdrawal, they ask you for more to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.

      All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the names of your advisor, numbers, emails from which they have contacted you, etc.

      To get your money back, talk to our CHAT or fill out the Form at this link: CLAIM YOUR MONEY

      Greetings.

  5. Jose Luis Reply

    Good afternoon, I would like to know if the FNX market is a scam or legal, thank you

    • Recommended-brokers.com Reply

      Hello Jose Luis, thank you for writing about Elmercado FNX. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY

      Greetings.

    • Jose Reply

      Don't even think about investing in FNX, it's a scam, once they have the money in their account it disappears and they are professionals to convince you.

      • Recommended-brokers.com

        Hello Jose, thank you for writing about Elmercado FNX. This broker is considered a SCAM. The CNMV (Spanish Financial Regulator) has put a notice on them, for lack of regulation and for deceiving their clients (See CNMV link).

        We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you have lost everything and they keep it that way.

        If when you request a withdrawal, they ask you for more to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.

        All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the names of your advisor, numbers, emails from which they have contacted you, etc.

        To get your money back, talk to our CHAT or fill out the Form at this link: CLAIM YOUR MONEY

        Greetings.

  6. Daniela Reply

    They are pressuring me to invest here, but I don't want them to steal my money or scam me. Can you help me? Blessings.

    • Recommended-brokers.com Reply

      Hello Daniela, thank you for writing about Elmercado FNX. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY

      Greetings.

    • Jose Reply

      Don't even think about investing in FNX, it's a scam, once they have the money in their account it disappears and they are professionals to convince you.

      • Recommended-brokers.com

        Hello Jose, thank you for writing about Elmercado FNX. This broker is considered a SCAM. The CNMV (Spanish Financial Regulator) has put a notice on them, for lack of regulation and for deceiving their clients (See CNMV link).

        We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you have lost everything and they keep it that way.

        If when you request a withdrawal, they ask you for more to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.

        All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the names of your advisor, numbers, emails from which they have contacted you, etc.

        To get your money back, talk to our CHAT or fill out the Form at this link: CLAIM YOUR MONEY

        Greetings.

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