Blacklisted
Phyntex Markets
1.10 (35 Reviews)
Contact
Unit C-20-3A, Level 20, KL Trillion, 338 Jalan Tun Razak, 50400 Kuala Lumpur, Malaysia
Regulatory & Licensing Information:
- Regulatory Authority: Mwali International Services Authority, Comoros Union data updated
- License Numbers: HY00823421 (International Business Company), T2023344 (International Brokerage and Clearing House)
- Status: Active
Verification:
- Broker's Claims: Phyntex Markets asserts that it is licensed in Mwali, Comoros, as both an International Business Company and an International Brokerage and Clearing House.
- Verified Information: While Phyntex Markets holds licenses from the Mwali International Services Authority, this regulator is not widely recognized in the global financial industry. Additionally, independent reviews have raised concerns about the company's transparency and legitimacy.
Regulatory Warnings:
- Issuing Body: BrokersVisionary
- Date of Warning: January 15, 2024
- Details: BrokersVisionary has given Phyntex Markets a low score of 1.10 out of 5, indicating concerns about the broker's reliability and regulatory status and Withdrawal Issue data updated
Tags:
Scam Broker , Withdrawal Issue
Account & Cost
| Trading Platforms | NA |
|---|---|
| Minimum Deposit | NA |
| Deposit Options | NA |
| Withdrawal Options | NA |
| Max Leverage | NA |
| Minimum Trade Volume | NA |
| Margin Call Level | NA |
| Stop Out Level | NA |
| Commission | NA |
| Spread Type | NA |
| Account Currencies | NA |
| Trading Instruments | N/A |
| Special Promotions | N/A |
| Additional Features | NA |
| Customer Support | N/A |
| Islamic | ✘ |
| EA | ✘ |
| Hedging | ✘ |
| Scalping | ✘ |
| NBP | ✘ |
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