About Trademax Global Limited
Overview
Trademax Global Limited is a company registered in China, founded on 18 May 2023. According to our records, the official domain is trademioermpll.com, though we were unable to verify any active website or social-media presence associated with this address. The company lists zero employees and has no verifiable operational footprint.
Our records indicate that Trademax Global Limited holds a single licence from the Cyprus Securities and Exchange Commission (CYSEC), classified as a Forex Execution License (STP), with licence number 312/16. However, the status of this licence is marked as '—', meaning it is not confirmed as active. We cross-checked this against the public register and found no corroborating evidence of an active authorisation.
Regulation and Licensing
The only regulator on file for Trademax Global Limited is CYSEC, the financial regulator in Cyprus. The licence on record is a Forex Execution License (STP) with licence number 312/16. However, the status is not published in our records, and we could not independently verify that this licence is currently valid or active.
It is important to note that the licence number 312/16 is associated with another entity in public records, which raises concerns about whether Trademax Global Limited is genuinely authorised or is potentially misrepresenting its regulatory status. We advise traders to verify any licence directly with the regulator before engaging with this firm.
Company Background
Trademax Global Limited was founded on 18 May 2023 and is registered in China. The company description in our records states that it is an unregulated broker with limited online presence and information. There are concerns about its legitimacy, and it is crucial to exercise caution before considering using their services.
Our records show zero employees and no clone or impersonator sites detected. This lack of operational substance, combined with the unverified regulatory status, makes it difficult to assess the firm's credibility or reliability.
Products and Services
Due to the absence of a verifiable website and the limited public information available, we cannot confirm what products or services Trademax Global Limited offers. The licence on file suggests a possible intent to offer forex execution services, but without an active website or official documentation, this remains speculative.
We were unable to identify any trading platforms, account types, instruments, or funding methods. Traders should treat any claims about specific offerings with extreme caution, as they cannot be independently verified.
Risk Assessment
FXCanary's Scam Risk Score for Trademax Global Limited is 48 out of 100, which we classify as 'Guarded'. This score reflects two key risk flags: withdrawal complaints in approximately 200% of recent reviews, and no verifiable website or social-media presence.
The withdrawal complaint ratio is particularly concerning, as it suggests that a significant number of users have reported difficulties in withdrawing funds. Combined with the lack of a verifiable online presence, this raises serious questions about the firm's operational integrity.
Conclusion
In summary, Trademax Global Limited presents a high-risk profile due to its unverified regulatory status, lack of online presence, and reported withdrawal issues. We strongly advise traders to exercise extreme caution and conduct thorough due diligence before considering any engagement with this entity.
Given the limited and concerning information available, we recommend that traders avoid this broker until its regulatory status is clarified and its operations are transparently verified.
Overview compiled by FXCanary from regulatory records and public data. full Trademax Global Limited review