

CommEX Review 2025
Attention!
This brokerage company is on the Blacklist. Working with companies on the Blacklist carries high risks of losing your money. We continuously monitor the Internet in order to identify new scams aimed at defrauding traders, and categorically do not recommend working with companies on the Blacklist.
We advise traders to choose reliable and trustworthy licensed companies from among top brokers of our rating:
Summary of CommEX Crypto Exchange
CommEX is a scam exchange registered in the Seychelles, built on a business acquired from Binance. While the CommEX domain has been around for a while, it remains entirely anonymous. Moreover, the interface and functionality of CommEX closely resemble those of Binance.
In April 2017, the Cyprus Securities and Exchange Commission (CySEC) revoked CommEX’s license and imposed fines totaling EUR 400,000. Additionally, sanctions were applied against Abdel Rahman Alimari and others associated with CommEX.
Clients are unable to contact the exchange by phone or email, making it difficult to resolve issues with withdrawing funds. The fees vary based on the client’s status, which creates conditions for unfair practices and undermines investor rights.
The exchange does not provide registration documents or other legal information, which raises distrust among potential clients and investors.
Furthermore, CommEX was previously known as the scam broker Prime4x. As a result, CommEX has been blacklisted in 2024.
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FAQs
Why has CommEX been blacklisted?
Possible reasons:
• CommEX has stopped fulfilling its obligations or is doing so incorrectly or with delays. There are numerous well-founded complaints from users.
• The website is no longer functioning or supported by the developers.
• The platform has been blacklisted by regulators, with warnings indicating a likelihood of failing to meet obligations to users.
Other reasons are possible, but being blacklisted is a signal that the platform is experiencing problems.
I work with CommEX and saw it blacklisted. What should I do?
Possible options:
• If you're not a client of CommEX, it’s best to avoid working with them. If the platform is blacklisted, it may have structural or critical issues. It’s better to look at platforms from the TOP-10 ratings.
• If you are a client, don’t panic. First, check with Traders Union's technical support to understand the reasons for the blacklist. If the problems are serious, gradually withdraw your funds. If there are issues with withdrawal, try to resolve them amicably or contact regulators.
Does being blacklisted mean CommEX is a scam?
Not necessarily, although there is a chance of this. It could also mean the platform is facing financial, technical, or corporate issues, making it temporarily less capable of fulfilling its obligations. It might be removed from the blacklist in the future, but it could also become a scam. In any case, a blacklisting is a high-risk signal for users.
How can I withdraw funds if CommEX has been blacklisted?
Possible options:
• If CommEX allows withdrawals (even if delayed or in parts), be patient and withdraw your money.
• If the platform refuses withdrawals under various pretexts, document all communication with customer support. Send screenshots with a detailed description of the situation and transaction confirmations to regional regulators and local law enforcement. In some cases, you might be able to initiate a chargeback procedure through your bank.
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