FXLinked Review

Is FXLinked Scam or Legit Broker?

FXLinked is a 100% fraud company. The broker is registered offshore and does not hold any proper license from a well-known reliable financial regulator. We never advise trading with an offshore broker, since the financial investment service they deliver is not trustable.

• The reason is simple, the broker may promise the most ever competitive trading conditions or the trading environment, yet the trader has no guarantee from the official entities that oversee the Forex industry. 

What is FXLinked?

FXLinked is an offshore broker that offers to trade in Forex, Metals, CFDs, Stocks, Indices, and Energies. FXLinked is a trading name of FXLinked LTD, regulated as a Securities Dealer by the Financial Services Authority of Seychelles with license number (SD011) as a financial and monetary intermediary.

• The broker claims to be based in London, UK and the only language the website supports is English, so probably the company has been targeting UK residents. However, FXLinked is not authorized by the UK's Financial Conduct Authority and so is not allowed to offer its financial services.

• There are a lot of offshore-registered brokers out there claiming that offshore registration is a legit thing that allows them to do business in the financial market (Find scam forex brokers by link). However, most of them are simply registered, and not licensed, nor monitored by any governmental agency, which makes those firms the most dangerous places for investing.

• We keep reminding traders to exercise caution when dealing with firms that are not registered to trade nor regulated by reliable authorities. 

FXLinked Review Conclusion

In Forex trading the most important part is the security of investments. Thus, avoiding doubtful offerings such as FXLinked is essential. We advise traders to choose among the legit brokers with licenses from respected financial authorities, such as well-regulated brokers including UK brokers or brokers in Australia, and reliable brokers such as FP Markets and eToro.

FXLinked Update

Based on our research, the FXLinked website is inactive. This means the broker has muted its trading offering and does not operate. However, we recommend avoiding and staying alert in case of any proposals.