1. General Information About the Broker
Onlinemarketexchange broker (onlinemarketexchange.com) launched in mid‑2024. The domain is recently registered and untested. The UK’s FCA issued a warning against it. The Spanish CNMV also flagged it in June 2025. Such regulatory attention suggests high risk and fraud potential.
2. Claimed Licenses and Regulation
Onlinemarketexchange broker (onlinemarketexchange.com) displays fake licensure claims. It shows a Companies House certificate but lacks FCA or NFA registration. CNMV warned it offers services without proper authorization. Thus, it operates entirely without legitimate oversight.
3. Trading Conditions
The site advertises forex and CFDs. However, it hides spread, leverage, and fees details. Its terms are vague and incomplete. Such opaque conditions often indicate fraudulent brokers.
4. Trading Platform and Technology
Onlinemarketexchange broker claims a real trading platform. But it offers only TradingView charts—not order execution. No demo or account access exists. This prevents any technical verification.
5. Client Reviews and Feedback
Trustpilot shows mixed reviews, mainly complaints. One user claimed over €492,780 lost and withdrawal suspension. TraderKnows labels it a scam enticing traders with fake returns. There are no verified success stories or positive testimonials.
6. Potential Scam Strategies
Onlinemarketexchange broker likely uses fake credentials. It probably delays or blocks withdrawals after deposits.
They target inexperienced traders via social media. Their opaque setup and offshore status obscure accountability.
7. Expert Opinion
Experts consider Onlinemarketexchange broker a risky scam. CNMV, FCA warnings and broker‑watch sites confirm fraudulent traits. TraderKnows and review sites highlight high‑return bait tactics.
8. Conclusion
All evidence marks Onlinemarketexchange broker as fraudulent. It is unregulated, lacks transparency, and faces regulator bans. Clients risk losing funds with no legal recourse. We strongly advise avoiding this broker entirely. Choose only brokers with FCA, ASIC, or CySEC regulation.
