ANSWER Dear Investor,
Thank you for reaching out to us. We've looked into ONLINEMARKETEXCHANGE and believe it to be a scam.
Firstly, the website seems to have emerged recently, as its domain name was registered in August this year. It is not recommended to engage with new trading platforms, as their reputation is not tested by time. Worse, such platforms are often created hastily by fraudsters to scam money. Our findings support this assumption: ONLINEMARKETEXCHANGE uses a website template commonly associated with fraudulent activities and presents a fake registration certificate to appear legitimate. The Financial Conduct Authority (FCA) has issued a warning about ONLINEMARKETEXCHANGE, advising investors to stay away from this potential scam.
Therefore, we strongly suggest you avoid using ONLINEMARKETEXCHANGE. For a safer trading environment and peace of mind, it is recommended to opt for fully regulated brokers.
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