The platform is managed by Capital Minds Financial Services Ltd., which claims the importance of providing users with “transparent conditions and clear rules” for trading. Meanwhile, the project’s founders are silent about the location of the head office, the firm’s registration number, and whether it has a license for private financial activity.

Is it safe for you to trade on this platform? Our Efixxen review will lift the lid on the broker’s legitimacy and show you whether it operates according to the fair practices it claims in its presentation.

How to Trade

The creators of the project emphasize the attention of clients to the proprietary trading platform. Customers can diversify their investment portfolio with more than 500 assets. Registered users will get the following opportunities:

  • 6 types of trading plans.
  • 6 asset classes, including stocks and digital currencies.
  • Spreads from 0.0 pips, minimum order 0.01.
  • One-click trading feature.

You can make payments via cryptocurrency, Visa/MasterCard, and bank transfer. The fees and commissions are not specified, plus they can be changed at any time.

Efixxen warns clients of liability for defamation and damage to reputation in the form of fines ranging from $1,000 to $500,000.

In addition, the broker conducts webinars with experts and provides quotes for 6 assets online. The news section and 4 social media symbols on the site are not active.

Efixxen Vital Info

There is no information about the history of the project and its team on the site. As for the launch date, 2023 is indicated in the footer of the main page and in internal documents. It is worth noting that this coincides with the domain registration date, which was created in May 2023. Why does the brokerage organization hide important facts, causing serious doubts about the safety of cooperation with it?

Is it possible that everything is not so rosy with the registration of a company? We checked Capital Minds Financial Services Ltd. in the global register of legal entities and did not find such a brand in any country. Clearly, it’s not worth seeking a license. Finally, the Complaints and Disputes Policy states that the company solely considers all customer complaints and imposes fines on users if they criticize the broker.

FAQ

What are the key facts about Efixxen?

The brokerage firm does not provide official documents on the registration of a legal entity. It is not in the registers of any jurisdiction. There is no information about the founders and managers and their location on the website, and there are no copies of licenses and documents, as well as links to financial regulation.

What's the risk to my wallet when working with this broker?

In the review, we saw that the intermediary does not have a license, registration, and desire to operate in the legal field. Therefore, all your attempts to earn money in this project are guaranteed to be doomed to loss of money and time. 100% risk for you are CFDs with huge leverage, prohibited by serious regulators, as well as payments in digital currency.

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