Review and feedback about the scam broker Armax.

Armax: CFD Broker Review

Despite the poor website design and lack of company information, Armax manages to find its clients, aiming to deceive traders and profit from them. Let’s conduct a detailed review of armax.trade and client feedback to expose the essence of its deception.

Company Information and the armax.trade Website

• The armax.trade website is a raw one-day project with two language versions: RU and EN. The main page consists of a non-working table and a registration form.
• The website sections are empty and useless. There is no training for traders, and the news section is inactive.
• Armax does not provide contact information or the opportunity to test its work in demo mode.

Registering on the site is difficult due to malfunctions, and the procedure takes a long time. The large number of fields and checks during registration raise suspicions of potential fraud.

The broker has a certificate from ARCET, but the lack of information about this organization and the remote certificate from CRFIN indicate their dubiousness.

Armax Trade Trading Conditions

The minimum deposit is $400, which is above average, and the profitability promises raise doubts. The trading platform Spot Option is used, not developed by Armax Trade.

The terms of the bonus program require a 30-fold increase in the amount, which does not look advantageous for clients. The broker also has the right to block an inactive account and delete it without recovery even if there is less than $10 left.

Reputation and Reviews of Armax Trade Broker

Most reviews place Armax Trade on the blacklist. Client feedback indicates deception and the company’s dishonest practices.

Armax Trade managers insistently try to lure money from clients through various schemes and dishonest methods.

Conclusions on Armax Trade

CFD broker Armax Trade is not recommended for cooperation due to deceptive practices, unjustified conditions, and a low reputation. Be vigilant and avoid such companies.

Author: Sasha Chaika

Also read: Review and feedback on FXCC: should you trust the broker.