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/10

COREX MARKET

United Arab Emirates United Arab Emirates | 2-5 years |
ECN Account Questionable Regulatory License | cTrader | Suspicious Operational Region | High Potential Risk

https://corexmarket.com/

Website

Rating Index

Influence

Influence

D

Influence Index NO.1

Turkey Turkey 2.51
Surpassed 15.50% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

https://corexmarket.com/
Forex License
Other 1

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region
United Arab Emirates
Operating Period
2-5 years
Company Name
Corex financing broker LLC.
Email
info@corexmarket.com
Account Info
Related Personnel
Business Region
Verified Site
About Us
Wiki Q&A
Comment
MT4/5

Properly licensed MetaTrader brokers provide robust systems and continuous support, backed by mature operations, advanced technology, and strong risk controls.

cTrader Software
All 2
iOS 1
Android 1
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cTrader: Forex & Stock Trading
Get cTrader, a premium online trading platform for forex and CFDs.
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cTrader: Trading & Charting
Gold, Indices, Forex & Stocks
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Official Website

Verified Site

  • corexmarket.com
    91.107.180.232
    Server Location
    Germany Germany
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
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Company Profile

Company Profile

Review summary

Corex Market Review Summary
Founded2023
Registered Country/RegionUnited Arab Emirates
RegulationNo regulation
Market InstrumentsForex, Commodities, Indices, Cryptocurrencies, Stocks
Demo Account/
LeverageUp to 1:100
SpreadFrom 1.5 pips (Standard Account)
Trading PlatformcTrader
Minimum Deposit$100
Customer SupportPhone: +9711000000
Email: support@corexmarket.com, info@corexmarket.com

Corex Market Information

Corex Market was founded in 2023 and is based in the United Arab Emirates, offering a variety of trading instruments including forex, cryptocurrencies, energies, indices, and shares. The platform supports up to 1:100 leverage with a minimum deposit of $100 and uses the cTrader trading platform. However, it has no regulation and support for crypto-only deposits and withdrawals.

Corex Market Information

Pros and Cons

ProsCons
Various trading instrumentsNo regulation
Four types of trading accountsSupport for crypto-only deposits and withdrawals

Is Corex Market Legit ?

Corex Market is unregulated currently. Please be aware of the risk!

license

Its domain corexmarket.com was registered on August 26, 2023, and is set to expire on August 26, 2033.

domain

What Can I Trade on Corex Market?

Corex Market offers several types of trading instruments: forex, cryptocurrencies, energies, indices, and shares.

Tradable InstrumentsSupported
Forex
Cryptocurrencies
Energies
Indices
Shares
Other Commodities
Bonds
Options
ETFs
assets

Account Type & Fees

Corex Market offers four types of trading accounts: Standard, ECN, ECN PRO, and VIP.

Account TypeStandardECNECN PROVIP
Minimum Deposit$100$300$500$10,000
Maximum Leverage1:100
Spread from1.5 pips1 pip0.1 pips
Commission $0$7/lot$5/lot
Account Type

Leverage

Corex Market offers a maximum leverage of 1:100 across all its account types. Traders need to consider carefully before investing, because high leverage is likely to bring high potential risks.

Trading Platform

Corex Market offers the cTrader trading platform, featuring different versions to meet the needs of various traders.

Trading PlatformSupportedAvailable DevicesSuitable for
cTraderPC, web, mobileExperienced traders
MT4/Beginners
MT5/Experienced traders
Trading Platform

Deposit and Withdrawal

The minimum deposit at Corex Market is $100. All deposits and withdrawals are processed through cryptocurrencies, mainly USDT (Tether) via the TRC20 (TRX) network. To deposit, users log in to their client area, go to the “Funds” section, select “Deposit,” choose a crypto method like USDT-TRX, enter the amount, and send the payment from a personal crypto wallet (Trust Wallet is recommended).

For withdrawals, users must first transfer funds from their trading account to their fiat wallet, then select “Withdraw,” enter the amount and a compatible wallet address, and confirm the request. Corex Market does not support bank transfers or card payments. Only crypto is accepted.

Deposit and Withdrawal
Deposit and Withdrawal

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • cTrader
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

What is the regulatory status and risk profile of COREX MARKET?

COREX MARKET operates as Corex financing broker LLC from the United Arab Emirates and, according to the WikiFX assessment, holds no valid licenses from recognized financial authorities for forex trading, presenting a significant lack of regulatory oversight and a high-risk profile.

04-02
United States

Is COREX MARKET suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose COREX MARKET or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

04-02
United States

What essential information should I know before trading with COREX MARKET?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

04-02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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