Score
EARNEX
United Arab Emirates|2-5 years| https://www.earnex.org
Website
Rating Index
Contact
Licenses
Licensed Institution：Foreign Currency Innovations Limited
License No.：616985
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic Information
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Website
earnex.org
Server Location
Singapore
Website Domain Name
earnex.org
Server IP
128.199.189.247
Company Summary
Note: EARNEX's official website: https://www.earnex.org is currently inaccessible normally.
| EARNEXReview Summary | |
| Founded | 2021 |
| Registered Country/Region | United Kingdom |
| Regulation | Suspicious clone |
| Market Instruments | CFDs, Futures and Options |
| Demo Account | ✅ |
| Leverage | / |
| Spread | / |
| Trading Platform | Zirux |
| Min Deposit | / |
EARNEX Information
EARNEX, incorporated in the UK in 2021, is a company that enables traders to trade CFDs and options futures. It provides 1 trading platform, 1 account type, and also supports demo trading accounts. At present, the regulatory status of this broker was determined by the FCA to be a suspected clone.
Pros and Cons
| Pros | Cons |
| Supports multiple CFDs trading | Suspected clone |
| Demo account is available | No access to official website |
| There is too little public information |
Is EARNEX Legit?
| Regulated Country/Region |  |
| Regulated Authority | FCA |
| Regulated Entity | Foreign Currency innovations Limited |
| License Type | Straight Through Processing(STP) |
| License Number | 616985 |
| Current Status | Suspicious clone |
What Can I Trade on EARNEX?
Local X offers CFDs for a variety of financial assets: Forex (primary, secondary and exotic currency pairs), stocks, indices, oil, bonds, gold and silver, as well as cryptocurrencies. In addition, Local X offers futures and options contracts across a variety of asset classes, such as Forex, metals, commodities, equities and options.
| Tradable Instruments | Supported |
| CFDs | ✔ |
| Futures and Options Contracts | ✔ |
| Bonds | ❌ |
| ETF | ❌ |
Account Types
Earnex provides one type of account, Earnex ManagedAccounts. But there are no further details were available about the account.
Trading Platform
The trading platform offered by the broker is Zirux, which can be used on mobile.
| Trading Platform | Supported | Available Devices | Suitable for |
| Zirux | ✔ | Mobile | All traders |
| MT4 | ❌ | ||
| MT5 | ❌ |
Deposit and Withdrawal
Local X offers payment methods such as Mastercard, Visa and Paypal.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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