FXCT Investments doesn’t hold a license for providing financial services. It also appears to operate from an offshore location, St. Vincent and the Grenadines. The fact is that St. Vincent and the Grenadines is an offshore zone, which does register the financial investment firm, but provides very poor if none requirements to the company operation. That means, the broker is not regulated, not overseen and does not comply with strict international rules that provide protective measures to the traders. Therefore, it became an offshore zone for shady forex brokers such as FXCT Investments. Read more about St. Vincent and the Grenadines regulation by the link. Another red flag is the lack of information about trading conditions and terms of business. To put it short, FXCT Investments is far from being legit and not a very good candidate to trade with.

We strongly advise opening a trading account only with the brokers that are regulated by the respected world authorities that comply with the required set of rules and a good reputation through the delivered timeframe of operations. If you are looking for a regulated UK broker, check the list of the UK-regulated brokers and choose the one that fits your trading needs.