Adamant FX Reviews: AdamantFx claims to have over 10 years experience in the industry, offering over 300+ assets. In the review below, we take an in-depth look at the features adamantfx.io allegedly offers. This review basically answer the questions: is adamantfx legit? Is Adamant Fx broker good? The review covers aspects of its licensing, its account types, its leverages, its withdrawal and deposit methods. Read through our review to see what we and other experts have to say about adamantfx forex broker.
Table of Contents
AdamantFx Trading Platform
The website does not look professional or well designed, the website also feels empty and does not provide necessary information.
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They use the MT4 trading platform to offer assets such as Forex (with leverages up to 1:500) CFDs, Indices, Stocks, and Precious metals.
Adamantfx Account Types
In this portion of the review, we aim to explore the account types a broker might have. We check the account with its corresponding deposit and leverage. Doing this gives a clearer idea how a broker might work.
After checking, we discovered that this broker has three account types.
Adamant FX Deposit and Withdrawal Methods
Deposit and withdrawals are the two most important transactions for us because the end goal of trading is making a profit. In this section, we look at these methods to make sure everything is okay with it.
AdamantFX claims that it accepts payments via credit cards, Paytrio Tinkbit and crypto coins.
Another thing to keep in mind is that there might also be withdrawal conditions concerning accounts that take advantage of the bonus promotion. Some fraudulent brokers stipulate that a trader must achieve a certain trading volume to be eligible for withdrawal. They do this to stop traders from making a withdrawal.
Is Adamantfx Licensed?
Licensing is another important part because we can trust a regulated broker to some extent not to do anything fraudulent. We do this part of the review by first checking the name of the company attached to the broker. Then we run that name through various regulatory bodies to discover if it regulates said brokerage.
In checking the license status of this broker, we had to check several regulatory bodies. We checked the FCA in the UK, ASIC in Australia, CySEC in Cyprus, BaFin in Germany, CONSOB in Italy, and many others. At the end of our search, we didn’t find any licensing information concerning this broker.
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Accounts
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Projects
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Licensed in UK(FCA), Dubai(DFSA), St Vincent and the Grenadines, Cyprus(Cysec) and Cayman Islands
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
1:500
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Licensed in UK(FCA), Australia(ASIC), Belarus(NBRB) and Canada(IIROC)
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
1:300
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Licensed in Australia(ASIC) and Cyprus(Cysec)
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
1:500
Conclusion
We wouldn’t recommend using this forex brokerage, they do not impress us with the vague information they have provided.
In conclusion, we would not advise or recommend you to trade with adamantfx.io , as they don’t give any valid information concerning if they are a regulated broker, Leading us to the conclusion that they are not.
Trading with them would likely result in you losing your money. There is a tremendous risk on any transactions interested traders may conclude with the brokerage and we deeply recommend they look elsewhere for viable trading option.
Please do not join Adamant.fx. They are are scam. I lost money with them. They pretend that a regulatory body has ordered your account held with them are emptied, ready to be returned to us, the investors. In order to release the funds, we have to pay the same amount in, then after three days, all the funds are returned. Of course, they are not. Avoid them like the pandemic.
Please everyone should be careful and stop being deceived by all these
brokers and account managers, they scammed me over $70,000 of my investment
capital, they kept on requesting for extra funds before a withdrawal
request can be accepted and processed, in the end, I lost all my money. All
efforts to reach out to their customer support desk had declined, I found
it very hard to move on. God so kind I followed a broadcast that teaches on
how scammed victims can recover their funds, I contacted Mrs Karen through
the email provided for consultation, I got feedback after some hours and I
was asked to provide all legal details concerning my investment, I did
exactly what she instructed me to do without delay, to my greatest surprise
I was able to recover my money back including my profits which my capital
generated. I said that I will not hold this to myself but share it to the
public so that all scammed victims can get their funds back. I advise
everyone having issues with their withdrawal on their trading platform feel
free to contact Mrs Karen via her official email address:
[email protected] if you are having issues withdrawing your
funds and your bonus, i assure you that she will guide you on how to
recover your funds. I am so happy to get back my funds including my bonus
and share the good news to whom it may concern