Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

Eangel Markets

Hong Kong|2-5 years|
MT5 Full License|Regional Brokers|High potential risk|

http://eangelmarkets.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
EangelMarkets-Demo MT5
Server Location Hong Kong

Contact

+852 59868768
support@eangelmarkets.com
http://eangelmarkets.com/
FLAT 2304E-23/F HO KINGE-COMMERCIALCENTREE-2-16 FA YUEN STREETE-MONG KOK KOWLOON HONG KONG

Licenses

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

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+852 59868768

Broker Information

More

Company Name

Eangel Markets Limited

Company Abbreviation

Eangel Markets

Platform registered country and region

Hong Kong

Company website
Twitter
YouTube

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-06-19
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

Eangel Markets · WikiFX Survey
Danger A Visit to Eangel Markets in Canada – No Office Found
Canada

Users who viewed Eangel Markets also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

J.P. Morgan

7.47
Score
Above 20 yearsRegulated in Hong KongDealing in futures contractsSelf-developed
Official website

CPT Markets

8.21
Score
5-10 yearsRegulated in United KingdomMarket Making(MM)MT4 Full License
Official website

GTC

8.31
Score
10-15 yearsRegulated in United KingdomStraight Through Processing(STP)MT4 Full License
Official website
Pyramid scheme complaint
Expose

Eangel Markets · Company Summary

Note: Eangel Markets' official site - http://eangelmarkets.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Eangel Markets Review Summary
Company Name Eangel Markets Limited
Founded 2-5 Years
Registered Country/Region Hong Kong
Regulation Non-regulated
Market Instruments Multi-Chain and Cross-Chain Derivatives, Spot Trading Markets, Forex, Futures, Cryptocurrencies
Leverage 100:1
Trading Pltaform MT5
Customer Support Phone: +852 59868768; Email: support@eangelmarkets.com
Company Address FLAT 2304E-23/F HO KINGE-COMMERCIALCENTREE-2-16 FA YUEN STREETE-MONG KOK KOWLOON HONG KONG
Official Website Unavailable

What is Eangel Markets?

Eangel Markets, officially registered as Eangel Markets Limited, is a forex trading company with an operational history of between 2 to 5 years. The company is registered in Hong Kong but functions under a non-regulated status. This implies that it does not operate under the supervision or rules of any recognized financial regulatory bodies, thereby potentially signaling certain risks to prospective investors.

For customer support, Eangel Markets provides a phone number (+852 59868768) and an email address (support@eangelmarkets.com). Yet, the unavailability of the company's official website is a significant concern, as it limits the access to essential information about the broker, its operations, terms and conditions, and other primary disclosures. The company address is at FLAT 2304E-23/F HO KING COMMERCIAL CENTRE, 2-16 FA YUEN STREET, MONG KOK KOWLOON, HONG KONG.

Moreover, Eangel Markets has received negative customer reviews, which could potentially reflect upon the quality of services the firm offers. Prospective clients are therefore advised to carefully evaluate these factors and potential associated risks before deciding to engage with Eangel Markets.

Eangel Markets

Pros & Cons

Pros Cons
  • MT5 Supported
  • Unavailable Official Website
  • Non-regulated
  • Bad Customer Reviews

Pros:

  • MT5 Supported: Eangel Markets allows users to trade on the popular and widely-used trading platform MT5, allowing greater convenience and higher flexibility.

Cons:

  • Unavailable Official Website: The official website for Eangel Markets is currently unavailable. An active and updated website is crucial as it provides details about the broker's operations, terms, and conditions, updates, and various types of disclosures. Its absence limits access to such key information which may undermine transparency and obstruct informed decision-making by existing and potential clients.

Unavailable Official Website
  • Non-Regulated: Eangel Markets operates under a non-regulated status. That means it is not overseen or licensed by any recognized financial regulatory authorities. This could potentially signify a higher risk for potential investors due to lack of standard assurances about the fairness, transparency, and business accountability usually enforced by such regulatory bodies.

  • Bad Customer Reviews: Eangel Markets has received negative customer reviews, which could reflect significant issues in their service provision. These adverse reviews can be a useful source of real-life insight into the company's operational standards and customer service quality. Therefore, potential clients should give serious consideration to these reviews when assessing the company.

Is Eangel Markets Safe or Scam?

Eangel Markets operates under a non-regulated status, implying it isn't subject to the oversight or standards defined by any recognized financial regulatory authorities. This non-regulated status could potentially introduce significant risks for prospective investors, as the firm is not bound to deliver the kind of transparency, accountability, and business integrity that regulations commonly assure.

No license

Another disconcerting aspect of Eangel Markets is the prevalence of negative customer reviews. Being a critical source of real-world insights about any firm's operations and service quality, these negative reviews could signal serious issues in the company's practices. The specific complaints from customers were not elaborated on in the query provided, but the overall implication is that they've placed Eangel Markets under a flood of scrutiny and suspicion. In some cases, these types of issues can push a company into being categorized as a potential scam.

Market Instruments

Eangel Markets provides a diverse range of market instruments, including:

  • Multi-Chain and Cross-Chain Derivatives: Eangel Markets offers a variety of derivative products that are linked to multiple blockchain networks, allowing traders to potentially speculate on the price movements of various cryptocurrencies and other assets.

  • Spot Trading Markets: Spot trading involves the immediate exchange of financial assets, like cryptocurrencies, at their current market price.

  • Forex: Eangel Markets offers forex trading, which allows traders to engage in the foreign exchange market, speculating on the exchange rates between different currency pairs.

  • Futures: Futures are derivative contracts that obligate traders to buy or sell an asset at a predetermined price on a future date.

  • Cryptocurrencies: Eangel Markets allows trading in cryptocurrencies, which are digital or virtual currencies.

Leverage

The maximum leverage ratio offered by Eangel Markets is an impressive 100:1. While this significant leverage can amplify potential profits, it's important to exercise caution, especially for those who are new to trading. High leverage also brings an increased level of risk, as it can magnify losses, so traders should carefully consider their risk tolerance, trading strategy, and overall financial situation before using such high levels of leverage.

Leverage

Trading Platform

EagleFX Markets provides its users with the MetaTrader 5 (MT5) trading platform, a comprehensive and advanced solution for traders. With MT5, traders can access a wide variety of financial instruments, from Forex to stocks and cryptocurrencies, offering ample opportunities for diversification. However, EagleFX Markets currently has no valid regulations and the official site is inaccessible. Please be aware of the risks!

MT5

User Exposure on WikiFX

The exposure of Eangel Markets brings to light significant controversies surrounding the broker's practices. Clients have raised multiple complaints, painting a worrying picture of the firm's operations.

Several clients of Eangel Markets reported experiencing serious issues concerning the withdrawal of their funds. They faced prohibitions and restrictions when attempting to withdraw their investments, which is a key concern considering the fundamental right of investors to have freedom in managing their personal funds.

In addition, there are allegations contrived against Eangel Markets referring to romance scams. While the details of these allegations are not provided, romantic scams usually involve instances in which individuals - allegedly connected with the firm - form deceptive emotional relationships with clients to manipulate and financially exploit them.

What exacerbates the situation further is the fact that numerous clients are outrightly denouncing Eangel Markets as a scam. Such allegations are of the utmost severity and suggest the potential presence of deceptive or fraudulent activities.

The culmination of these exposures raises substantial concerns involving Eangel Markets' practices. Hence, it's crucial for potential and current clients to exercise caution and vigilance.

User Exposure on WikiFX

Conclusion

To sum up, Eangel Markets has received substantial criticism for its non-regulated status, unavailability of an official website, and particularly, negative customer reviews. Customers have raised concerns around withdrawal issues, alleged involvement in romance scams, and overall unsatisfactory service delivery. Combined with several allegations painting the company as a potential scam, it is crucial that anyone considering Eangel Markets for their investment needs proceed with absolute caution and thorough due diligence.

Frequently Asked Questions (FAQs)

Q: Is Eangel Markets a regulated broker?

A: No, Eangel Markets operates under a non-regulated status, which means it isn't overseen or licensed by any recognized financial regulatory authorities.

Q: How can I contact Eangel Markets' customer support?

A: You can reach out to Eangel Markets via phone at +852 59868768 or email them at support@eangelmarkets.com.

Q: Is Eangel Markets a safe broker?

A: Given the range of negative client reviews and the firm's non-regulated status, Eangel Markets is not a safe broker.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment

9

Comments

Write a review

北方社区
more than one year
Eangel Markets, lying company without effective supervision! There are so many forex brokers in the world, why don't we choose the ones that are safest? Please don't get carried away by false promises!
2022-11-25 19:01
Reply
0
0
as
more than one year
Many people have complained about them on the Internet, saying they are a fraud company and refuse to withdraw money, it is terrible! I hope I never have to deal with such a trash broker!
2022-11-23 10:48
Reply
0
0
Syafrizal Rezpector
more than one year
Terrible trading platform, they are just a group of people who only cares about their own interests, not caring about traders. All they want to do is extracting all your available money from your pockets!
2022-11-22 18:45
Reply
0
0
FX2461981701
more than one year
Be careful that your funds are cheated, and see if there is still a delay?
2022-10-30 19:40
Reply
0
0
FX2461981701
more than one year
Junk platform
2022-10-30 19:40
Reply
0
0
宝儿9230
more than one year
You can still use it!
2022-10-22 14:41
Reply
0
2
FX3317693882
more than one year
The platform works fine! It's a good experience! Wallet deposit and withdrawal
2022-10-21 11:54
Reply
0
1
FX1824812708
more than one year
The account can only be in but not out, and the platform is still fraudulent
2022-10-15 16:08
Reply
0
0
FX1824812708
more than one year
This platform is killing pigs, don't be deceived
2022-10-15 16:06
Reply
0
0
2
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong China

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com