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The WikiFX Score of this broker is reduced because of too many complaints!

LatAm FX

Saint Vincent and the Grenadines|5-10 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://latam-fx.com/

Website

Rating Index

Contact

info@latam-fx.com
https://latam-fx.com/
https://www.facebook.com/latamfx.es
https://twitter.com/LatAmFX_OK
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic information

Registered region
Saint Vincent and the Grenadines
Operating period
5-10 years
Company Name
Latam Global Markets Inc
Abbreviation
LatAm FX
Company employee
--
Customer Service Email Address
info@latam-fx.com
Company website
Keywords 4
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Website
Company Summary
Review

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Official website

Website

  • latam-fx.com

    Server Location

    Malaysia

    Website Domain Name

    latam-fx.com

    Server IP

    101.99.90.104

Company Summary

Note: LatAm FX's official website: https://latam-fx.com/ is currently inaccessible normally.

LatAm FXReview Summary
Founded2006
Registered Country/RegionSaint Vincent and the Grenadines
RegulationUnregulated
Market Instruments40 forex pairs and CFDs
Demo Account
LeverageUp to 1:200
Spread2.9 - 3 pips (demo)
Trading PlatformTrading Station
Min Deposit$200
Customer SupportContact form
Email: info@latam-fx.com
Facebook: https://www.facebook.com/latamfx.es
Twitter: https://twitter.com/LatAmFX_OK

Founded in 2006, LatAm FX is a forex and CFD broker registered in Saint Vincent and the Grenadines, offering trading through Trading Station platforms including 40 forex pairs and CFDs. The minimum deposit provided is $200, which is quite high. Besides, LatAm FX operates without regulatory oversight from any reputable financial body.

LatAm FX

Pros and Cons

ProsCons
Variety of account typesInaccessible website
Demo accountsUnregulated status
Flexible leverage ratiosHigh spreads
Popular payment optionsNo MT4/5
High minimum deposit
Limited contact channels

Is LatAm FX Legit?

No, LatAm FX is not regulated currently. Please be aware of the risk!

No license

What Can I Trade on LatAm FX?

LatAm FX offers 40 forex pairs and CFDs on spot metals like silver and gold.

Forex pairs: Exotic currencies like Chinese Yuan, Turkish Lira, Hong Kong Dollar, South African Rand, Mexican Peso, Norwegian Krone and Swedish Krona.

Tradable Instruments Supported
Forex pairs
CFDs
Bonds
Options
ETFs

Account Type

LatAm FX offers three account levels that traders can upgrade to. Account type including Mini, Classic and Platinum. Moreover, there is a demo account to practice with virtual assets.

Account TypeMin Deposit
Mini$200
Classic $5,000
Platinum $25,000

Leverage

LatAm FX provides a maximum leverage of up to 1:200, which is solid and suits almost all trading styles.

Account TypeMax Leverage
Mini1:200
Classic 1:200
Platinum 1:100

Spread

LatAm FX claims that it offers spreads as the following table. On demo accounts, spread floats around 2.9 pips to 3 pips, which is at least twice as high than the levels considered acceptable with a standard account by most traders.

Account TypeSpread
Mini2.3 pips
Classic 1.7 pips
Platinum 1.0 pips

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Trading StationWeb/
MT4/Beginners
MT5/Experienced traders
Trading Station

Deposit and Withdrawal

LatAm FX accepts various payment methods, including major credit or debit cards like VISA and MasterCard, e-wallets like Neteller, GiroPay, iDeal, Poli and Ukash, the online banking payment system SOFORT, as well as bank wire.

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk
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