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Edgemadexoption Review: Introduction
Edgemadexoption is a forex broker that portrays it as regulated and acclaimed but falls short of fulfilling these claims. The website is rife with misleading information, presenting as a legitimate forex broker in the United Kingdom, but operating without proper regulation.
Contrary to its supposed mission of aiding clients in profiting from financial markets, Edgemadexoption’s primary agenda appears to be defrauding individuals of their earned income. This Edgemadexoption review will present substantiating evidence for these assertions and propose more reliable alternatives.
Website – https://edgemadexoption.com/
Address – 73 Halifax Road, Liversedge WF15 9JR, United Kingdom
Regulation Status – Unregulated, Blacklisted
Warned By – The Financial Commission (Independent)
Domain Age –
|June 02, 2022
|1 year, 5 months, 9 days, 20 hours, 8 minutes, 17 seconds
About Edgemadexoption Regulation
Edgemadexoption, based in London, operates without proper regulation from the UK’s Financial Conduct Authority (FCA), raising questions about the legitimacy of its operations. Our investigation reveals that the International Finance Commission, an independent self-regulatory organization, has issued a warning based on reports from traders who allege fraudulent activities on Edgemadexoption’s website. Given these serious red flags and the company’s deceptive claims, we strongly advise against engaging with Edgemadexoption.
Edgemadexoption Review: Trading Assets
Edgemadexoption claims to offer trading in forex, commodities, cryptocurrencies, and binary options. However, the platform lacks the necessary licenses and software to support these claims. Additionally, binary options trading is prohibited by regulators, including the UK FCA. These false claims strongly indicate that Edgemadexoption is a fraudulent trading platform.
Edgemadexoption Review: Trading Platform
While Edgemadexoption boasts an exceptional software experience, its web-based platform, offering only TradingView-enabled charts, may not be suitable for everyone. Caution is advised, and considering established brokers with reliable trading software is recommended to mitigate unnecessary risks.
Edgemadexoption Review: Trading Conditions
Despite bold claims about exceptional trading conditions and competitive spreads, Edgemadexoption lacks clarity on its leverage details, adding to the uncertainties surrounding the platform.
Deposit and Withdrawal Issues
Edgemadexoption’s minimum trading deposit of $500 is notably higher than the industry standard of $200 maintained by reputable brokers. The lack of clear information about withdrawal fees and minimum withdrawal amounts raises transparency concerns, making it challenging for traders to understand the costs associated with withdrawing funds.
Edgemadexoption Review: Negative Reviews and Complaints
BTC-Nation has garnered a significant number of red flags and user complaints, raising substantial concerns about its legitimacy. These reported issues span a range of problems, including difficulties with withdrawals, a lack of transparency, unresponsiveness from customer support, and questionable trading practices. A thorough examination of these allegations is imperative for a comprehensive assessment of the potential risks inherent in engaging with the platform.
How does the Edgemadexoption scam work?
Edgemadexoption is unmistakably engaged in a fraudulent scheme employing common tactics. Unsuspecting individuals, potential targets of the scam, are prompted to create an account, wherein they inadvertently provide their phone numbers. This seemingly innocuous action becomes a powerful tool for the scammers.
Following this, the victims find themselves inundated with persistent phone calls, urging them relentlessly to deposit money into the fraudulent scheme. This manipulative approach exploits the personal information obtained and subjects individuals to aggressive solicitation, further highlighting the deceptive nature of Edgemadexoption operation.
Edgemadexoption Review: Conclusion
In conclusion, Edgemadexoption presents alarming red flags and emerges as a potential scam. From its unregulated status to questionable withdrawal processes, the risks associated with this platform are evident. Caution is crucial, and prospective investors should exercise diligence to safeguard themselves from potential pitfalls associated with the Edgemadexoption scam.
If you’ve been a victim of an Edgemadexoption scam or any other form of dishonest activity, such as forex, cryptocurrency, investment, or romantic scam, there is a way to reclaim your lost funds. Fill out a complaint form on our website for a free consultation with one of our professionals who will explain available options and guide you through the fund recovery process.