WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10
The WikiFX Score of this broker is reduced because of too many complaints!

LatAm FX

Saint Vincent and the Grenadines|5-10 years|
Suspicious Scope of Business|High potential risk|

https://latam-fx.com/

Website

Rating Index

Contact

info@latam-fx.com
https://latam-fx.com/
https://www.facebook.com/latamfx.es
https://twitter.com/LatAmFX_OK
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

Other ways of contact

Broker Information

More

Company Name

Latam Global Markets Inc

Abbreviation

LatAm FX

Platform registered country and region

Saint Vincent and the Grenadines

Company website
X
Facebook

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-11-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 4 for this broker in the past 3 months. Please be aware of the risk!

WikiFX Verification

LatAm FX · WikiFX Survey

Users who viewed LatAm FX also viewed..

XM

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

AUS GLOBAL

8.23
Score
10-15 yearsRegulated in CyprusMarket Making(MM)MT4 Full License
Official website

IUX

8.83
Score
2-5 yearsRegulated in AustraliaStraight Through Processing(STP)MT5 Full License
Official website

Neex

9.12
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

LatAm FX · Company Summary

Aspect Information
Company Name LatAm FX
Registered Country/Area Saint Vincent and the Grenadines
Years 5-10 years
Regulation Unregulated
Market Instruments Forex and CFD
Services Remote Sales Management, Sales Department Set Up, Interna Opening and management of remote offices, Opening and Administration of Physical Offices, Legal Consultancy, Event and PR, Marketing 360, Recruitment, and Contact Center
Customer Support Ticket
Educational Resources Blog: Economy, Finance, Innovation, Trading and Technology.

Overview of LatAm FX

LatAm FX stands as a reputable entity within the financial services sector, offering a range of solutions tailored to the needs of businesses and individuals engaged in trading activities. With a presence in Saint Vincent and the Grenadines for over 5-10 years, LatAm FX operates in an unregulated environment, providing flexibility and adaptability to meet the evolving demands of the market. Specializing in Forex and CFD instruments.

The array of services offered by LatAm FX encompasses both remote and physical solutions. From remote sales management to the establishment and management of physical offices, LatAm FX provides comprehensive support to businesses looking to expand their reach and enhance their market presence. Additionally, the platform offers legal consultancy services, ensuring compliance with regulatory requirements and mitigating legal risks associated with business operations.

LatAm FX also excels in marketing and promotional activities, offering expertise in event management, public relations, and 360-degree marketing strategies. With a dedicated recruitment service, businesses can access top-tier talent to fuel their growth and success. Furthermore, the platform operates a contact center and provides customer support through ticketing systems.

Moreover, the platform prioritizes education through its informative blog covering topics such as economy, finance, innovation, trading, and technology, empowering traders with valuable insights and knowledge to make informed decisions in the financial markets.

Overview of LatAm FX

Regulatory Status

LatAm FX operates as an unregulated trading platform. Unregulated financial institutions are more susceptible to fraudulent activities and scams. Investors may fall victim to Ponzi schemes, pyramid schemes, or other fraudulent investment schemes that promise high returns but ultimately result in financial ruin.

Pros and Cons

Pros Cons
A range of market instruments Unregulated regulatory status
Comprehensive educational resources Limited customer support options
Multiple suites of services Lack of regulatory oversight

Pros:

  1. A Range of Market Instruments: LatAm FX offers a wide array of market instruments, including Forex and CFDs, providing traders with ample opportunities to diversify their portfolios and explore various asset classes. This diversity enables traders to capitalize on different market conditions and tailor their trading strategies to their preferences and risk tolerance.

  2. Comprehensive Educational Resources: LatAm FX stands out for its robust educational resources, including a blog covering topics such as economy, finance, innovation, trading, and technology. These resources empower traders with valuable insights, analysis, and educational content to enhance their understanding of the financial markets and improve their trading skills over time.

  3. Multiple suites of services: LatAm FX provides users with flexible trading services, including access to both remote and physical offices, legal consultancy services, recruitment assistance, and comprehensive marketing and event management support.

Cons:

  1. Unregulated Regulatory Status: One of the significant drawbacks of LatAm FX is its unregulated regulatory status. Operating in an unregulated environment poses risks for traders, as there is no oversight from regulatory authorities to ensure compliance with industry standards, investor protection measures, and financial regulations. This lack of regulation may deter some traders who prioritize security and regulatory compliance.

  2. Limited Customer Support Options: LatAm FX offers customer support primarily through a ticketing system, which may not always provide the immediate assistance and responsiveness that traders require, especially during urgent situations or technical issues.

  3. Lack of Regulatory Oversight: The absence of regulatory oversight exposes traders to higher risks, such as fraud, misconduct, and lack of transparency. Without regulatory supervision, traders may face challenges in seeking recourse in the event of disputes, financial losses, or unethical practices.

Market Instruments

Forex Trading at LatAm FX: Forex trading at LatAm FX provides traders with a host of advantageous features. Firstly, the forex market operates globally, allowing traders to engage in currency trading 24/7 across different time zones, ensuring accessibility at their convenience. Moreover, the forex market boasts high liquidity, being the largest financial market globally, facilitating swift execution of trades with minimal slippage. At LatAm FX, traders have access to a range of currency pairs, including major, minor, and exotic currencies, enabling them to capitalize on fluctuations in exchange rates. Additionally, forex trading often involves the use of leverage, empowering traders to magnify their positions with a relatively small initial investment, although it's crucial to manage leverage responsibly to mitigate risks effectively.

CFD Trading at LatAm FX: Similarly, CFD trading at LatAm FX offers traders a plethora of features to enhance their trading experience. CFDs provide traders with exposure to various asset classes, such as stocks, indices, commodities, and cryptocurrencies, without the need to own the underlying asset. This diversity enables traders to implement versatile trading strategies based on their market outlook. Furthermore, CFD trading offers flexibility in taking both long and short positions, allowing traders to profit from both rising and falling markets. Like forex trading, CFDs often involve leverage, which can amplify potential profits and losses, necessitating prudent risk management. Moreover, CFDs can be utilized as effective hedging tools to mitigate risks associated with other investment positions, providing traders with additional risk management capabilities.

Market Instruments

Services

Remote Services: LatAm FX offers a comprehensive range of remote services tailored to meet the needs of businesses operating in today's global landscape. From the opening and management of remote offices to legal and labor consulting, the platform provides invaluable support to companies looking to establish a presence in new markets without geographical constraints.

Additionally, LatAm FX offers recruitment services, ensuring access to top-tier talent to drive business growth. With expertise in 360° marketing strategies, events, and public relations, businesses can effectively promote their brand and engage with their target audience remotely.

Furthermore, the platform facilitates remote sales management and operates a contact center to enhance customer interactions and support business operations.

Services

Physical Method: In addition to remote services, LatAm FX provides a suite of physical methods to support businesses in their expansion endeavors.

Through the opening and administration of physical offices, companies can establish a tangible presence in key markets, fostering trust and credibility among local stakeholders. Legal and labor consulting services ensure compliance with regulatory requirements and mitigate legal risks associated with business operations.

LatAm FX also offers recruitment solutions, enabling companies to build high-performing teams capable of driving success. With expertise in 360° marketing, events, and public relations, the platform assists businesses in crafting impactful marketing strategies and enhancing brand visibility.

Moreover, LatAm FX operates a dedicated sales department and contact center, providing comprehensive support for businesses seeking to thrive in their target markets through physical channels.

Services

How to Open an Account?

Opening an account with LatAm FXis a straightforward process that can be completed online in a matter of minutes. Here's a breakdown of the steps involved:

  1. Visit the LatAm FXwebsite and click “Register.”

How to Open an Account?
  1. Fill out the online application form: The form will request your personal information Be sure to have your identification documents (passport or ID card) and proof of address handy for uploading.

  2. Fund your account: LatAm FXoffers various deposit methods, including bank transfers, credit/debit cards, and e-wallets. Choose your preferred method and follow the instructions to complete the deposit.

  3. Verify your account: Once your account is funded, you'll need to verify your identity and address. This typically involves submitting scanned copies of your ID documents and proof of address.

  4. Start trading: Once your account is verified, you're ready to explore the LatAm FXtrading platform and start making trades.

How to Open an Account?

Customer Support

LatAm FX offers an efficient and accessible customer support system through its ticketing service. This method allows users to submit their queries, concerns, or requests for assistance conveniently.

Customer Support

Educational Resources

LatAm FX enriches its users' trading journey by offering an insightful and informative blog covering various topics such as economy, finance, innovation, trading, and technology.

Whether users are new to trading or seasoned investors, the blog offers valuable insights and perspectives to enhance their understanding of the financial markets. From economic indicators and market analysis to trading strategies and technological innovations, LatAm FX's blog delivers relevant and up-to-date content tailored to the needs and interests of traders.

Educational Resources

Conclusion

In conclusion, LatAm FX offers a range of market instruments, comprehensive educational resources, and multiple suites of services.

However, it operates in an unregulated regulatory environment, which may pose risks for traders. Additionally, there are limitations in customer support options and a lack of regulatory oversight.

FAQs

Q: What market instruments are available at LatAm FX?

A: LatAm FX offers a range of market instruments, including Forex and CFDs.

Q: How can I contact LatAm FX for customer support?

A: Customer support at LatAm FX is available primarily through a ticketing system.

Q: Does LatAm FX offer educational resources?

A: Yes, LatAm FX provides comprehensive educational resources through its blog covering topics such as economy, finance, innovation, trading, and technology.

Q: What services does LatAm FX offer?

A: LatAm FX offers multiple suites of services, including remote sales management, sales department setup, legal consultancy, event and PR management, marketing 360, recruitment, and contact center services.

Q: What are the risks associated with trading at LatAm FX?

A: The primary risk associated with trading at LatAm FX is its unregulated regulatory status, which may lack oversight and investor protection measures typically provided by regulatory authorities.

Review 5

5 Comments
Write a comment
All(5) Latest Neutral(1) Exposure(4)
Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com