Win Maximum (abbreviated as WMX) is a digital asset broker registered in Hong Kong, mainly providing trading services for financial products such as digital assets to investors. Currently, Win Maximum only accepts Asian customers and does not provide services to residents in the United States.
Company Background:
According to information publicly available on the WMX official website, the broker claims that Win Maximum LTD is a company registered in the United States, headquartered in the US, and has branches in Canada, the United States, Hong Kong China, and Taiwan China. The domain name of WMX's official website was registered on May 24, 2021, less than three years ago. The company is registered with the U.S. FinCEN and has obtained the U.S. MSB license issued by it, with the regulatory number being 31000210997670.
The mission of U.S. FinCEN MSB is to protect the financial system from illicit use through strategic use of financial authorities and the collection, analysis, and dissemination of financial intelligence, to combat money laundering and related crimes, including terrorism, and to promote national security. In reality, the digital asset trading services provided by this broker are not effectively regulated.
How to Open an Account?
When opening an account with WMX, users can visit its official website and click the "Register" button to start the registration process. The registration page requires users to fill in personal information, including name, personal email, etc., and set up an account login password. The broker sends a verification code via email, and once submitted, users can log in. After logging into the trading platform, customers can proceed with deposit and withdrawal operations and start trading.
The account registration page of this broker cannot be opened, raising doubts. Please be very cautious with any website, especially those involving financial transactions and personal information. Make sure investors carefully check its reputation and compliance to protect fund and personal information security.
Account Types:
WMX is a broker offering online digital currency trading services, but it does not provide specific information about trading account types on its official website, and the page for account types cannot be opened. However, the broker mentioned some key information on its FAQ page, including that the minimum deposit amount is 100 USDT.
The broker does not provide detailed trading account types, preventing investors from understanding the specific trading conditions and details. Moreover, details like trading commission, margin call level, stop out level, and minimum trade volume are factors that customers need to consider when choosing a trading account.
Before choosing any broker for trading, be sure to carefully read its terms and conditions to have a clear understanding of the trading conditions and risks and make an informed decision.
Website Design:
The website design and content of WMX are highly similar to those of multiple websites, such as Unian, SV Markets, ABHKFX, DEOASIS PTY LIMITED, Maxtra, Smart Global, Diamond Road, and LonRoad Limited, among others. These brokers are suspected of using the same or similar website templates. Therefore, investors still need to conduct thorough due diligence and research when choosing a trading platform to ensure that it meets their needs and expectations and be aware of potential risks.
Partnerships:
WMX claims to have partnered with a internationally renowned analysis institute. The broker claims to offer award-winning automated investment analysis and research tools aimed at helping investors make optimal decisions. However, this announcement has not been confirmed by the relevant institution and might involve false advertising.
Customer Support:
WMX offers relatively limited customer support channels, with users able to access its customer support services via email. Users can contact the company's customer service team by sending an email to info@winmaxfx.co. In the email, users can ask questions, inquire about related matters, or report any technical issues.
Conclusion:
WMX is a digital asset broker not effectively regulated. The broker's official website information is opaque, and details regarding its trading account types, trading conditions, and specifics are not openly disclosed. WMX's website is highly similar in web design to those of ABHKFX, DEOASIS LIMITED, VLC Trade LLC, and OBV Trade MT5, among other brokers, which may have used the same set of templates for construction. Investors should stay away from this platform when selecting a trading platform to avoid unnecessary losses to their property.
Currently, WMX is marked as "suspected fraud" on Traderknows.
