moxium Review – Total mystery of a broker wants your trust

Moxium broker is one of those trying to grab your attention with an attractive offer. But in return, you can get only mystery. They don’t reveal any ownership information. Not even transparent terms and conditions. Too many red flags already at the start.

Since we don’t conclude before analysis, go through everything with us in this moxium review.

Is moxium a Scam Broker?

Important to realize is that the moxium trading company doesn’t reveal their headquarters country. Which is suspicious at best. If you are doing trading business, you must be completely transparent to gain the trust of traders. But not even that is enough these days. The most important point is regulation.

Therefore, we did take a look at some registers. Primarily of the most trusted Tier 1 group of regulatory authorities. Such as FCA, BaFin and ASIC. Thus, none of these have any info about moxium broker. Another key point is that funds are not protected at all. Regulations require companies to provide certain security measures. For instance negative balance protection and segregated deposit bank accounts. However, with moxium broker that’s not the case.

Unfortunately, there are numerous similar companies like this. Read our Coniexx and Roisea reviews to find even more key points of scam companies to avoid getting scammed.��

moxium Platforms – A Software Comparison

On the positive side, moxium broker allows you to get into the trading room without registration. However, you won’t find advanced features there. It’s only a basic web trader with minimum trading options. Advanced EAs, copy and social trading are not in their arsenal.

Not to mention the lack of mobile apps. Many traders these days prefer trading on their iOS and Android devices. Especially if they use social trading options. Yet, moxium broker promotes itself as an award-winning best global broker. But if you take a look at any moxium review, you will find this statement false.

�������� What Financial Instruments Does The Platform Include?

Many trading companies have similar offers. Even regulated ones offer pretty much the same instruments. For instance, with a moxium trading company, you can trade within all 5 major groups. However, what makes them different from regulated brokers is a license for trading with such instruments. To be precise, the lack of license.

Anyway, traders can choose from:

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• Forex USD/GBP, AUD/HKD, CHF/HUF
• Commodities natural gas, gold, silver
• Indices DAX 30, DUBAI, US 500
• Shares Tesla, Microsoft, Coca-Cola
• Cryptocurrencies BTC, DASH, SOL

moxium Countries Of Service

Many scam brokers primarily target rich countries. Anonymous one don’t hesitate to target everyone. The idea is to extract as much money as possible and vanish.

Luckily, from moxium reviews you can find their patterns. They are mainly scamming traders from:

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• Germany
• United States
• India
• Austria
• Switzerland

The key point is that many of these countries are strictly regulated. Thus this broker doesn’t care about it. Neither should you care to throw your hard-earned money into their scamming pockets.

Account Options Offered by moxium

Another key point is their account-type offer. There are 5 options available:

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• Basic� � � � � � $10.000
• Silver� � � � � � $25.000
• Gold � � � � � � $50.000
• Platinum � � � $100.000
• Diamond � � � $200.000

In general, account types are there to motivate traders to deposit more. However, if you don’t have trading benefits from it, they miss the point. With moxium broker, you can only get higher leverage and higher welcome bonus. But have in mind that bonuses are restricted in many countries.

�������� Can a Trader Use a Demo Account?

Even though you have access to the trading room, you don’t have virtual funds to trade. This is a huge downside of this broker.

Primarily because data on web-based platforms are often manipulated. Especially with anonymous brokers like moxium. Instead, you can find Tier 1 licensed brokers and try comfortably all their services through a demo or micro-accounts.

Terms of Service for moxium

A broker pretending to be legitimate and offering bonuses is downgrading itself directly. Bonuses are banned due to malicious policies that companies wisely hide. Traders often don’t read all conditions and end up scammed. To make it even worse, this broker doesn’t even have a bonus policy. But also they miss basic terms and conditions.

Since they are not monitored by any institution they can do whatever they want. That’s why we are here to prevent traders from getting into their scamming net. Moreover, they don’t have a deposit and withdrawal policy. They claim to have a withdrawal processing time of 4 days on a basic account. Thus, moxium reviews tell the opposite. That withdrawals never happen.

�������� Leverage, Spreads and Fees

With leverage of up to 1:500, they directly violate ESMA rules for trading in the EEA zone. This can easily wipe your account balance before you even notice. That’s why regulations are crucial in trading.

Additionally, this company doesn’t share any information about spreads or fees. Once you go into the trading room you can check some data, but if that’s going to be the same once your deposit remains a mystery. We wouldn’t recommend you test it out.

What Should I Do If I Have a moxium Problem?

The best and fastest solution is to get money out as quickly as possible. Since they most likely won’t allow you to, you can file a chargeback. In case you were transferring crypto, the situation is a bit more complicated but solvable. Through our team, you can use CipherTrace software to track crypto transfers. So, plenty of options are available. It’s just a matter of what are you going to do about it.

It’s not a shame getting scammed. Therefore, let us hear what was your experience with this swindler. In the end, our fund recovery team is available for consultation. Important to know is that the first consultation with us is free.