100XFX Review 2025
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Updated:
Reason to avoid: Offshore license
Listed Date: June 23, 2018
Top 3 Forex Brokers
Beware 100XFX is a Non-Regulated broker. It is NOT SAFE to trade
Advertising Disclosure
Updated:
Reason to avoid: Offshore license
Listed Date: June 23, 2018
Beware 100XFX is a Non-Regulated broker. It is NOT SAFE to trade
100XFX is not a secure broker. In our research, we found that the broker claims to be located in the UK, while there is no authorization or registration of the address. Therefore the company seems to be highly suspicious and might operate its services from a different location.
🗺️ Registered in | St. Vincent and the Grenadines |
🗺️ Type of License | Offshore License |
🛡️ Is 100XFX safe to trade | No |
🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
🖥 Alternative Broker | GO Markets - licensed by ASIC in Australia |
100XFX is owned by 100XFX Ltd., a company that seems to be based in the UK (judging by the contact telephone number it provides). Although, the firm is not licensed by UK’s FCA or another European regulator. Instead, it is located offshore and registered in St. Vincent and the Grenadines.
We strongly advise opening a trading account only with brokers that are regulated by respected world authorities that comply with the required set of rules and have a good reputation through the delivered timeframe of operations. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as BDSwiss and FP Markets.
We found that the 100XFX Website is inactive. Since money safety in forex goes first we recommend avoiding any proposals from 100XFX and staying alert in case of any proposals.
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