AdamantFX Broker (https://AdamantFX.io) is an unlicensed offshore CFD Broker reported by as customers as SCAM Broker.
For withdrawal problems or complaints, read this.
AdamantFX Broker Review
Day Traders and Investors at AdamantFX are given the Status web-based CFD trading platform, which is user friendly, and simple to use. Also available is the standard MT4 desktop trading platform for download. Mobile apps are the default MT4 Android & Apple apps.
A wide range of underlying assets are available for CFD trading including; Forex Major, Forex Minor, FX Exotic, Crypto, Metals, Commodities, Indices, and World Shares. Margin rates on $BTCUSD are 10:1 and the spread is $90. Minimum deposit for a trading account at AdamantFX is $250, and they use a few different payment processors including; Piastrix, Cashir.Live or CryptoPayTech.
Like most people reading this review, we found Adamant FX because we signed up for the 1K Daily Profit trading app. You should really take a few minutes to learn about auto trading signals, see here.
Is AdamantFX a Licensed Broker?
No, AdamantFX is not a licensed broker, and they are not government regulated.
Further research shows that they may be connected with AGMarkets and LuxisTrade. Based on their MT4 software, we could ascertain that may be connected with Lotens Partners LTD, which is located in St. Vincent and the Grenadines. Their domain is registered to Mitz Holdings Ltd, which is the owner of LuxisTrade. Contact phone number in the U.K. is: +441235619317. Their customer support email address is: [email protected].
When the Scam Broker Investigator reviews a new Forex or Crypto CFD broker to see if they are a scam broker or a legitimate broker, we check for a license from any of the government financial regulators.
Using a local brokerage firm, that is licensed in your country ensures that you will not have problems withdrawing your profits. Brokers in Australia must have a license from ASIC, while brokers in England must be regulated by FCA.