DoExLatam

On DuExLatam official website statistics are provided according to which the company is allegedly trusted by almost 40 thousand traders. It also states that the total client balance is more than $700 billion, which is a very large amount for this type of office. However, there is no data that could indicate the authenticity of the published statistics.

Our experts also noted that the founders of this office try not to provide any information about themselves so as not to appear in the fraudulent affairs of their office.

For trading, users are offered several trading accounts. However, to access them, you must register your DoExLatam personal account and provide administrators with all your personal data to verify your account. Tariffs provide the following characteristics:

• Initial Account – minimum deposit $1,000, leverage 1:20, instant order execution;
• Middle Account – deposit from $25,000, leverage 1:50, access to opening a PAMM account, no swap;
• Guru Account – deposit from $50,000, leverage 1:100, access to all financial instruments, deposit insurance and personal advisor services.

However, the broker does not provide a demo account, so you will not be able to test the efficiency and reliability of the financial platform.

Reliability of trading with the company

The financial platform page states that broker DoExLatam licensed by several commissions at once. However, in practice it turned out that all the listed licenses are fictitious, so users cannot count on the safety of cooperation with this swindle. On the contrary, the conditions that these scammers offer are only aimed at depriving you of funds.

It is also important to note fictitious contacts and the complete lack of legal documentation, which allows scammers to safely avoid responsibility for their frauds.