A detailed review of the Forex broker Forex IM and feedback from former clients.
The company Forex IM has already established itself in the market since 2019. On the website forex-im.com, you can familiarize yourself with various types of accounts and trading platforms, as well as get detailed information about trading on different financial markets. The broker offers the opportunity to trade currency, cryptocurrency, metals, stocks (CFDs), and other commodities. However, it is worth noting that the company does not have the best reputation due to reviews about fund freezes and withdrawal refusal.
Review of the company’s contact information and location
Transparency and openness are the keys to success for any forex broker. This allows clients to feel confident about their funds. The company Forex IM was founded at the address forex-im.com in 2019. The exact founding date is not specified on the website, but we were able to establish this information by checking the domain. The official website lists the addresses of three main offices: in the United Kingdom (94 KENSINGTON PARK ROAD LONDON), Singapore (80 RAFFLES PLACE, 26-32 SINGAPORE LAND TOWER), and the United States of America (34 PARK PLACE 7TH FLOOR NEW YORK NY). Despite the initially positive impression, it is worth noting that the addresses are incomplete as they do not include specific office numbers in these business centers.
We conducted a check of all available information at the specified addresses but found no mentions of the company Forex IM. Providing incomplete addresses can mislead clients. Such behavior is typical of internet scammers. Additionally, we could not find working phone numbers. The website indicates support working 24/5. You can contact them by filling out a simple contact form. However, the website states that the response time may be longer than usual. This raises doubts for an online resource.
Furthermore, the forex-im.com website mentions the broker’s scale, such as Forex IM operating for over two years, having 500,000 registered clients, and processing 2 million transactions monthly. However, site traffic statistics show a daily range of 20-30 visitors.
Review of the company’s markets and financial regulators
The website claims that the company has excellent technical capabilities with a data transmission speed of 11ms, allowing for up to 7,000 orders per second. Access is provided to currency, cryptocurrency, stock (CFDs on stocks), and commodity markets. The forex broker Forex IM guarantees that all operations are regulated by official representatives of CySEC, FCA, and BaFin. However, upon verification, it was found that none of the regulators have information about this company.
Review of trading accounts
Clients are offered to choose from three types of accounts: Silver, Gold, and Platinum. Each account has its own features, including leverage, minimum deposit, and other conditions.
Review of reviews and comments
Reviews from former clients of the company can provide insight into its operations. Some clients express negative opinions about the service and activities of Forex IM.
Is it worth trading with the forex broker Forex IM? Let’s summarize
In conclusion, it is worth considering both the strengths and weaknesses of the company before deciding on collaboration. Pay attention to all aspects of the broker’s operations before making a final decision.