https://klimexcm.com/
Website
Influence
D
Influence index NO.1
Licensed Institution:VANTAGE GLOBAL PRIME PTY LTD
License No.:000428901
Single Core
1G
40G
1M*ADSL
Klimex’s Office in Australia Does Not Exist
The visit by the survey personnel confirmed that the broker Klimex’s real address was inconsistent with its regulatory address. The ASIC license (reference number: 428901) claimed by this broker are suspected of being clones. Since it has no valid regulatory license.
Klimex’s Office in Australia Does Not Exist
The visit by the survey personnel confirmed that the broker Klimex’s real address was inconsistent with its regulatory address. The ASIC license (reference number: 428901) claimed by this broker are suspected of being clones. Since it has no valid regulatory license.
Most visited countries/areas
klimexcm.com
Server Location
Australia
Most visited countries/areas
Thailand
Website Domain Name
klimexcm.com
Website
WHOIS.TUCOWS.COM
Company
TUCOWS DOMAINS INC.
Domain Effective Date
0001-01-01
Server IP
87.76.16.11
General Information & Regulation
Klimex Capital Markets (KlimexCM) is a forex broker based in Australia, offering investors currency, indices, and commodity trading services. klimexCM claims to be a representative of Vantage FX Global, which is fully licensed by the Australian Securities and Investments Commission (ASIC). However, this ASIC license is suspected to be a clone one.
Market Instruments
KlimexCM offers investors tradable financial asset classes, including Forex currency pairs, indices, and commodities. Fewer asset classes are available on the KlimexCM platform compared to many other brokers.
Minimum Deposit
KlimexCM offers its investors two different account types, the standard account, and the original account. Both accounts requires a minimum deposit of $100
KlimexCM Leverage
When it comes to trading leverage, the maximum trading leverage offered by KlimexCM is relatively high, reaching up to 1:500. Since margin leverage is full of risks, inexperienced traders are not advised to use such high trading leverage in case of heavy fund losses.
Spreads & Commissions
KlimexCM's standard account has an average spread of 1.8 pips on EURUSD, while the spread on the raw spread account starts from 0.6 pips, and the commission is 6 USD per lot.
Trading Platform
KlimexCM offers trading through the MetaTrader 4 (MT4) platform. It is a reliable choice for currency traders as it is both simple and comprehensive. Many traders prefer the automated trading environment, where the system (Expert Advisor) can be easily implemented.
Deposit & withdrawal
KlimexCM supports traders to deposit and withdraw funds through a range of convenient and efficient methods such as wire transfer, credit/debit cards, China UnionPay, Neteller, and Skrill. Wire transfers take a few days to process, while other methods are instant.
KlimexCMPros & Cons
KlimexCM advantages Include:
1. MT4 trading platform
2. Minimum deposit requirements acceptable
3. A wide range of funding options
KlimexCM disadvantages Include:
1. Clone license
2. Uncompetitive spreads
3. Limited tradable assets
Notification of suspected criminal offence punishable under Article 178 of the Act on trading in financial instruments (engaging in activities in the field of trading in financial instruments without the required authorisation or power of attorney)
Country/Region
PL KNF
Disclosure time
2024-09-03
Disclose broker
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
Country/Region
ID BAPPEBTI
Disclosure time
2022-02-02
Disclose broker
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