In this section we will analyze the broker EuroFX (also called eurofx.trade), is a Forex and CFD broker. Is EuroFX really recommended to make an investment? Or is it better not to invest with this company? ⛔ Is it a safe broker? Is a gotcha? We will help you determine it. ✅
➡️ Below you can find: opinions about EuroFX ✅, claims eexperiences , ananalysis 📊 of the most important characteristics of this company (updated 2022), and most importantly: Is it EuroFX ⚠️ a safe broker? ⛔ Can we trust this company? ✅ Will we be able to withdraw our money? All this and more in this review on this investment company.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
❌ The broker mentions being part of: Donnybrook Consulting Ltd.
❌ Regarding your location, the broker mentions being based in: Dominica.
❌ If we analyze the regulation of the broker: they do not mention anything about being a regulated broker, which makes us think that it is an unregulated broker.
📌 Remember: the best (and safest) option are regulated brokersas they must meet very strict requirements. Work with an unregulated brokerit's very risky, don't take that risk. 📌
If now we go on to analyze account types offered by EuroFX, we note that it offers 4 different types of account / plans: Base Account, Merchant Account, Business Account and Corporate Account. We will leave you an image with a little information about each type of account.
Base Account: minimum initial deposit of $ 250, 24+ assets, spreads from 1.3 pips, leverage up to 1: 100, advanced training, account manager, first deposit bonus, 5 weekly signals.
Merchant Account: minimum initial deposit of $ 1.000, 75 assets, spreads from 1.1 pips, leverage up to 1:75, advanced training, account manager, 100% bonus, 10 signals per week.
Business Account: minimum initial deposit of $ 5.000, 300 assets, spreads from 0.9 pips, leverage up to 1:50, risk webinars, individual manager, 100% bonus, 15 signals per week, 25% account insurance.
Corporate Account: minimum initial deposit of $ 25.000, all available assets, spreads from 0.9 pips, leverage up to 1:25, risk webinars, special manager, 100% bonus, 15 signals per week, 25% account insurance.
In the following image you can have more information about the types of account. Click here to see the image in full size.
Las platforms to operate that EuroFX offers are: platforms Status y Ninjatrader.
We will now analyze the different resources and aids for traders that EuroFX provides on its website. We believe that the resources and help provided on the website can be a great point in favor of the broker.
EuroFX provides the following help or resources to traders or interested parties: economic news, information about the services it offers, explanation of some concepts, really not much more than this.
| Other information about EuroFX |
Some more information in case you want to contact the company, or see its website for yourself.
Phone number: +44 (197) 070 98 05
Email address: [email protected]
You may be wondering why we did a review on EuroFX. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, by providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.
>>> Assessment on EuroFX <<
Ending with this section, in our opinion Do we believe that the company EuroFX is trustworthy? Should you invest your money with the company?
After analyzing it, we recommend using caution, because it is an unregulated broker that is based in one of the least safe countries (Dominica), in addition, when looking for reviews about EuroFX We found any several that are negative and that warn about this broker. We suggest using caution.
⛔ Attention ⛔ : in March 2021 CNMV added EuroFX to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to the CNMV March 2021 warning
⛔ Attention ⛔ : in March 2021 CONSOB added EuroFX to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to CONSOB's March 2021 warning ⚠️
⛔ Attention ⛔ : in September 2021 FCA added EuroFX to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to the ⚠️ FCA September 2021 warning
⛔ Attention ⛔ : EuroFX, together with AB System, Bid Broker Stocks, Energy Markets, NeoTrade, OFXB, OnyxProfit y OptiMarkets They belong to the infamous Donnybrook Consulting Ltd, a company with a dismal reputation that has been accused of scam, and has been denounced by various European financial regulators, be careful. ⛔ WE SUGGEST EXTREME CAUTION ⛔
We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.