✔️ Information reviewed and updated in April 2024 by Eduardo López
⭐ Opinions and information about the broker Phoenix Markets ⭐
¿Is the broker Phoenix Markets (aka phoenixmarkets.com) really trustworthy? ✅ Is it safe for you to invest your money with this company? ❎ Is Phoenix Markets reliable? ❎ 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 us with information about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to give the company a score according to their experience with it. 
Let's start with the analysis:
✔️ What is Phoenix Markets? Phoenix Markets is a broker of: Forex, Cryptocurrencies and CFDs.
✔️ The broker mentions be part of: WGM Services Ltd.
✔️ Where is it based? Phoenix Markets is based in: Cyprus.
✔️Is it a regulated broker? If we talk about regulation, the broker Phoenix Markets mentions being regulated by CySEC.
We will continue to analyze the different account types that Phoenix Markets offers. In the case of Phoenix Markets we note that it has 3 different plans or types of account: Starter Account, Gold Account and Platinum Account.
🔹 Starter account: minimum initial deposit of € 1.000, spread from 3 pips, leverage up to 1:30, minimum lot 0.01, call / stop out margin level 100% / 50%, full access to educational package.
🔹 Gold Account: minimum initial deposit of € 25.000, spread from 1.5 pips, leverage up to 1:30, minimum lot 0.01, call / stop out margin level 100% / 50%, full access to educational package, premium algorithmic trading system.
🔹 Platinum account: minimum initial deposit of € 99.000, spread from 0.5 pips, leverage up to 1:30, minimum lot 0.01, call / stop out margin level 100% / 50%, full access to educational package, premium algorithmic trading system, package educational premium.
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🔸 The platform used to operate is: own platform.
🔸 Now, yes, we will analyze the different resources and aids that the company provides to traders on its website: we see some explanations of the products that Phoenix Markets offers, economic calendar, live charts, calculators, glossary, analysis, FAQ section, really not much else.
Phoenix Markets Features
What we like the most
- Modern investment platform.
- Low initial deposit.
What we like least
- Unregulated company.
- Little transparent company.
- Bad reputation | Many complaints.
- Very unsafe location.
- You will probably have problems withdrawing your money.
- In general, a very unsafe company.
Additional information about the company
🔸 Phone number: 44 203 514 2059
🔸 E-mail: [email protected]
🔸 Website: phoenixmarkets.com
🔸 Bonuses, promotions, offers: None by the moment
🔸 Clarification: If you think that our review is not correct, or you have a different opinion about this company, we invite you to leave a comment in this section - rating with your opinion.
⭐ Phoenix Markets Valuation ⭐
☑️ With the information we have so far, the comments, evaluations and criticisms of users and traders, ⚠️ our opinion is that it seems like a broker with which we have to be careful ⚠️. We do not recommend it.
☑️ Why? Is a broker with suspicious regulation (unsafe) and further is located in a very dangerous country for these activities (Cyprus), on the other hand, when looking for information and other evaluations about phoenix markets find a lot of negative reviews and complaints, overall negative feedback.
(I.e. Is Phoenix Markets safe? How reliable is Phoenix Markets? ❎ We consider it to be an unsafe, unreliable company and we do not recommend it. ❎ Why? For the reasons mentioned above. Here you can read comments about Phoenix Markets.
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 phoenix markets? Are you a representative or worker of the company? Write to us at >> use this form <<
👇 User and trader score 👇
A shame that they continue to operate after scamming as many people as me
Hi Ramiro, this broker called Phoenix Markets is a SCAM, many investors have denounced Phoenix Markets for fraudulent activities, it is not advisable to invest money in a NON-REGULATED broker. It's a SCAM and does not return money to its customers.
ALL positive comments from this broker are FALSE, they are made by their own workers to confuse investors, flood social networks with positive messages about them and it's all FALSE! and when customers ask them about our reviews they say we are from the competition, also FALSE !.
We recommend that all those affected try to recover the money through companies specialized in this type of management from the CHAT that we have on the web or in the following link:Get your money back, we are on your side
Greetings.