✔️ Information reviewed and updated in March 2024 by Eduardo López

Skycapital opinion

Opinions and information about the MagnumFX broker

¿It is the truly reliable MagnumFX broker (aka magnumfx.eu)? Is it safe for you to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.

Do you want to give us a hand and help inform about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to rate the company according to their experience with it.

The MagnumFX broker is a broker of: Forex and CFDs.

The broker mentions to be part of: Magnum FX (Cyprus) LTD.

MagnumFX is based in: Cyprus.

If we talk about regulation, MagnumFX is licensed and regulated by the Cyprus Securities and Exchange Commission (the “CySEC”), although we consider this to be a very unsafe regulation.

Skycapital website
MagnumFX website

We will continue to analyze the different account types that MagnumFX offers. In the case of MagnumFX we note that it does not offer information about having different types of account.

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The trading platforms used are: the MT4 platform.

Now, yes, we will go on to analyze the different resources and help that the company provides to traders on its website: some explanations of the products that MagnumFX offers, an explanation of basic concepts of the world of investments, some live charts, economic calendar , financial event news, pip calculator, really not much else.

MagnumFX Features

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Additional information about the company

Phone number: + 357 25 053547

E-mail: [email protected]

Website: magnumfx.eu

Clarification: The investment company MagnumFX works in different countries, so the information provided may not apply to your country, this review is directed to Latin America and / or Spain.

* Bonuses or promotions: None by the moment

MagnumFX valuation

Caution: unregulated broker

With the information we have so far, the comments and reviews of users and traders, our opinion is that it looks like a company we should be careful with.

Why? It is a regulated broker, but regulated by an unreliable and unsafe regulatory body, it is based in unsafe countries (Cyprus), when looking for information and other reviews about MagnumFX we found a lot of negative reviews. .

Do you know this company? Do you think our opinion is not correct? Have you operated with this broker? Share a comment with your experience.

Are you part of MagnumFX? Are you a representative or worker of the company? Write to us here >> use this form << 

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Eduardo Lopez

Editor and Copywriter

I am Eduardo López Martínez, I was born in Madrid, Spain and I am 48 years old. I am a journalist and I am part of the Brokersdeforexconfiables.com team. Do you want to know a little more about me? I invite you to read my biography.

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2 comments on «MagnumFX – magnumfx.eu»

  1. Oliver Reply

    This company will not refund your money. They do not return the money, do not do it, listen to me.

    • reliableforexbroker.com Reply

      Hello Oliver, MagnumFX is a SCAM, we have received many complaints from investors, for not returning the money, you should never invest in a broker that does not have REGULATION.

      They create many positive comments about themselves that are LIES! They want to confuse investors and pretend to be a legal company but it is all LIES! If you tell them about our articles, they say that we are part of the competition and that is also a lie! (We are dedicated to reviewing brokers).

      When you want to withdraw your capital or your profits, if they make excuses and tell you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.

      If you want to recover the money you can do it from the CHAT on our website or by filling out the form at this link: Get your money back, we are with you

      Greetings.

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