✔️ Information reviewed and updated in October 2024 by Eduardo López

IS EXPLOREFXTRADE RELIABLE? OPINIONS

In this post I will analyze EXPLOREFXTRADE.Is the EXPLOREFXTRADE (also known as explorefxtrade.com) broker really reliable? Is it safe to invest your money with this company? I will examine this company in detail.

I will explain to you why I believe that EXPLOREFXTRADE is an UNSAFE company AND I CONSIDER IT AS UNRELIABLE. BE CAREFUL WITH THIS KIND OF COMPANIES!


ℹ️ BROKER DATA:

Here are two things that I would like to highlight, (1) the first thing that is important to know is about its regulation and (2) the second is the location of the company. These are two data of vital importance to be able to measure the seriousness and reliability of a company.

Does the company have no regulation or is it regulated by an unserious country? Is the company located in an unreliable place or does it not mention where it is located? These are questions that every investor should ask about the reliability of the company.

InformationAbout the company
(I.e. CompanyNot mentioned
???? AddressSeychelles
📄 Attend the eventNot mentioned
🛡️ RegulapainNot mentioned
️ ️ PhoneDoes not have
📧 Email[email protected]
🌐 Websiteexplorefxtrade.com
???? Live ChatYes
Company typeForex and Cryptocurrencies

📞 LIST OF PHONE NUMBERS:

Does not have


💰 DEPOSITS AND ACCOUNTS:

Here is a brief analysis of the account types that EXPLOREFXTRADE offers; They are divided into 3 accounts. Here is a table with a little more information about minimum deposits by account type.

account typeMINIMUM INITIAL DEPOSIT
Silver Account$500
Gold Account$1500
Diamond account$5000

🌐 WEBSITE – WEBSITE:

Below you can see the company's website:

EXPLOREFXTRADE website
EXPLOREFXTRADE website

When analyzing the EXPLOREFXTRADE website, we can notice that they offer educational resources, information on the different types of accounts, an explanation of the products where the capital is invested, the location of the company and the means of contact.

1) If it makes me a little nervous that they do not mention anything about its regulation

2) Another unfavorable point is the location: it is in a very unsafe place, be very careful!


⭐ EXPLOREFXTRADE OPINION:

After having carried out an analysis of the company, I have come to the following conclusions:

1) The company is located in an unsafe place

2) It is an unregulated company

3) The company has no seniority, it is a company without a track record

4) The company has a very bad reputation on the internet, I have already been able to find customer complaints

EXPLOREFXTRADE Opinion

“To be honest with you, I would not invest in this type of company, it has many points against it, I do not recommend it. Everything seen indicates that EXPLOREFXTRADE is unreliable and it is a very unsafe company.”


💬 USER REVIEWS:

I have found various negative reviews, claims, complaints and negative feedback about EXPLOREFXTRADE. I honestly think they are a very unsafe option. In addition to this, you can find more comments and opinions from users and customers of the company at the end of this review.

Are you a client of EXPLOREFXTRADE? Do you have something to tell me about them? I invite you to leave your opinion too!


📣 LATEST UPDATES:

1) Update December – 2022: we have received a lot of negative messages about EXPLOREFXTRADE

2) Update December 2022: we have received a lot of messages from clients of the company that mention not being able to withdraw capital

3) Update December 2022: la FCA, the UK financial regulator, has sued EXPLOREFXTRADE.


✔️ CLAIM MONEY FROM EXPLOREFXTRADE:

If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.

We work with a capital recovery service. here you can claim your money.

In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.

Claim your money now!

If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.


🚨 REPORT EXPLOREFXTRADE:

If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:

🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch

🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch

🇨🇱 Chile: the financial regulator is CFM, here you can get in touch

🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch

🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch

🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch

🇺🇸 United States: the financial regulator is FINRA, here you can get in touch

🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch

🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch

🇵🇪 Peru: the financial regulator is SBS, here you can get in touch

If your country is not on the list, leave a comment and I will gladly help you!


❓ FAQS – FREQUENTLY ASKED QUESTIONS:

What is EXPLOREFXTRADE?

EXPLOREFXTRADE is a Forex and Cryptocurrency company

Is EXPLOREFXTRADE a scam – is it a scam?

In my opinion it is, I think it's a scam. Taking into account different characteristics of this company, I must qualify it as a very bad and very unsafe one.

Is EXPLOREFXTRADE reliable?

EXPLOREFXTRADE is a company that I consider to be UNRELIABLE. It has characteristics that make it a very unsafe company: be very careful.

How to recover the money from EXPLOREFXTRADE?

If you have lost your money or been scammed, I recommend you try the capital recovery service.

How to close my account with EXPLOREFXTRADE?

If you want to close your account write an email requesting it to the company's support email.

How to know if EXPLOREFXTRADE is regulated?

It is an unregulated company, be careful.

Which broker is reliable to invest?

If you want to know a safe and reliable company, I invite you to see the ranking of best brokers and you can also check the 3 best brokers of the month.

Do you have any other doubts or questions?

Leave me a comment on this review, if you scroll down, at the end of the review you will find the comments section. Leave me a comment with your question and we will answer you as soon as possible.


Eduardo Lopez

Editor and Copywriter

I am Eduardo López Martínez, I was born in Madrid, Spain and I am 48 years old. I am a journalist and I am part of the Brokersdeforexconfiables.com team. Do you want to know a little more about me? I invite you to read my biography.

See publications of Eduardo López

Review rating: 5/5 - (330 votes)