Gomax is a forex CFD scam website founded in 2023, primarily offering trading services in forex, futures products, and index CFDs. Its legal entity is Gomax Trading Limited. The broker's official website supports languages such as English, French, Russian, Traditional Chinese, German, Spanish, Portuguese, and more. According to Whois information, the Gomax domain was registered on July 28, 2023, which is less than 2 months ago.
Establishment Date:
Gomax's official website claims to have been established in 2015, but based on the Whois query results, the company's official website domain was registered in 2023. The registration period is extremely short, and the company's website appears to be a template-based site. This raises very high investment risks.
Regulatory Status:
The Gomax website states that the company is regulated by the US Finecn MSB with a regulatory number of 31000251361096. However, upon investigation, the MSB institution covers foreign exchange and remittance services, and it does not regulate the financial trading services provided by Gomax. The broker is suspected of fabricating its regulatory status, deceiving investors.
Trading Software:
This broker uses proprietary trading software that allows manipulation of trading data from the backend, including manual adjustments of traders' profits and losses.
Awards Received:
The awards displayed on the Gomax website are screenshots of awards received by another broker, Axion Trade. This evidence suggests that Gomax did not replace the corresponding promotional materials when creating its website using a template.
Conclusion:
Gomax (Gomax Trading Limited) is a poorly constructed website and a forex scam not regulated by any regulatory authority. The company is currently labeled as a "SCAM" on TraderKnows. Investors should stay away from this platform, withdraw their funds promptly, and avoid falling into the trap of this scam.
