Express Excel market Trade is a Contract for Difference (CFD) broker with a domain registered on February 29, 2024. This broker mainly provides numerous trading markets through its self-developed trading platform, including forex, options, digital currencies, commodities, and stock indices. It does not offer services to countries or regions where it may violate local laws or regulations.
Company Registration Information and Regulatory Status
According to information on the Express Excel market Trade website, the company is headquartered in New York, USA, and is regulated by the U.S. Commodity Futures Trading Commission (CFTC), the Belize International Financial Services Commission (IFSC), and the Cyprus Securities and Exchange Commission (CySEC).
Upon verification, no entities named Express Excel market Trade were found in the registers of the National Futures Association (NFA), Belize International Financial Services Commission (IFSC), or Cyprus Securities and Exchange Commission (CySEC). (The registration and review of brokerage firms are conducted by the NFA under the supervision of the CFTC on behalf of the CFTC.)
Therefore, Express Excel market Trade is essentially a fraudulent website with false advertising and without any regulation.
Account Opening Process
To open a trading account with Express Excel market Trade, go to the homepage of the broker’s official website, click “SIGNUP” to access the account registration page, fill in your name, email address, phone number, and other personal information as required, set a login password, and submit. After submission, you can complete the registration by verifying your account.
Trading Plans
Express Excel market Trade offers four trading plans: Mini Plan, Silver Plan, Gold Plan, and Platinum Plan.
Mini Plan:
- Minimum investment amount: $500
- 24x7 customer support
- Professional charts provided
- Trading alerts provided
- Investment return: $7,500
Silver Plan:
- Minimum investment amount: $1,000
- 24x7 customer support
- Professional charts provided
- Trading alerts provided
- Investment return: $17,500
Gold Plan:
- Minimum investment amount: $2,000
- 24x7 customer support
- Professional charts provided
- Trading alerts provided
- Investment return: $36,000
Platinum Plan:
- Minimum investment amount: $5,000
- 24x7 customer support
- Professional charts provided
- Trading alerts provided
- Investment return: $75,000
Trading Platform:
Express Excel market Trade offers its self-developed trading platform to users.
Deposits and Withdrawals:
Express Excel market Trade has not explicitly disclosed its supported deposit and withdrawal methods, fees, or minimum deposit and withdrawal amounts on its website.
Conclusion:
Traderknows reminds investors that Express Excel market Trade is actually an unregulated fraudulent website. It is recommended that investors choose brokers with transparent information, strong regulation, and good reputation for investment trading activities to avoid unnecessary financial losses.
Currently, this broker is marked as a "scam" on Traderknows.