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Chromex Capital Review

WARNING: This Broker is Out of Business!

Read more about the Binary Options Trading Scam.

Chromex Capital Logo Chromex Capital was a binary options broker that opened in 2015. Chromex is owned by Chromex Capital Limited, and they are located at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960. Their phone number was; USA: (888) 837-4715, and for trader complaints see here.

Scam Trading Robot

You probably heard about trading binary options from a video you saw online.

Trading Software Scam

These systems make hundreds of trades for you automatically. Eventually, your account balance falls to $0.

If you want to see a real software, look here.

How You Will Get Screwed

Many traders start using a broker like Chromex because they were connected to them via an automated trading software like Trend Trader or Wealth Crew.

TrendTrader

When you read the terms and conditions page you will see,

18.2 If you integrate an automated or semi-automated device on the Chromex Capital browser or platform in lieu of your personal interaction or utilize a backdoor API; we will consider your activity system abuse and we will nullify your position or cancel your account with Chromex Capital.

So basically, on the off chance that the robot starts making you money, your trades will be cancelled and you will not be able to withdraw those profits.

When reviewing Chromex Capital we see 2 websites which have very similar looking logos, but different trading platforms.It could be that one site is made for one part of the world, and one is for another. On ChromexCapital.com we see they are offering the Tech Financials trading platform.

Chromex Capital License

The first item we look for when we review a broker is a license. The license can be from CySEC in Cyprus, or any other financial regulator. This is the easiest way to determine if they are a scam broker or a legitimate broker.

Although their website shows an address of MILEGA LTD, 20-22 Wenlock Road, London, United Kingdom, they are not licensed by FCA, and are actually a Marshall Islands company, who has a billing address in England. Chromex Capital does not have a brokers license. FINRA published an investor alert regarding offshore binary options brokers. Read the alert on FINRA’s website here.

For an updated list of licensed brokers, go here.

Compare Chromex Capital

There exists well over 100 binary option brokers today, look here at the updated list of best brokers.

Best Online Brokers

What was your experience trading at Chromex Capital? Please share your review in the comments below.