Score

1.18 /10
Danger

ADMIRALSFX

United Kingdom

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

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Exposure

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Score

Regulatory Index0.00

Business Index4.47

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away! 3
Previous Detection : 2024-09-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The AustraliaASIC regulation (license number: 410681) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

ADMIRALSFX · Company summary

Note: You can't access ADMIRALSFX's official website: https://fxsadmiral.com right now.

ADMIRALSFX Information

ADMIRALSFX started in 2023 as an unregulated broker company with registration in the United Kingdom.

ADMIRALSFX Information

Is ADMIRALSFX Legit?

ADMIRALS AU PTY LTD was an Market Making(MM) previously regulated by the Australian Securities and Investments Commission (ASIC) in Australia. However, its credential identified as number 410681 is no longer valid.

Is ADMIRALSFX Legit?
The Australian Securities and Investments Commission (ASIC)
Current StatusSuspicious Clone
Regulated by Australia
License TypeMarket Making(MM)
License No.410681
Licensed InstitutionADMIRALS AU PTY LTD

Downsides of ADMIRALSFX

  • Unavailable Website

ADMIRALSFXs official website cannot be accessed at present.

  • Lack of Transparency

Investor understanding regarding what ADMIRALSFX remains limited due to insufficient information concerning this platforms operations and dependability.

  • Regulatory Concerns

Investors are unsure if ADMIRALSFX follows any rules, which makes them think twice about how safe the money is and if they can trust the company.

  • Withdrawal Difficulty

A user on WikiFX left a report on using the application where he cited many challenges in the process of withdrawal of funds. This concern was still unsolved after one week and more with the request still pending.

Conclusion

Using a non-regulated platform like ADMIRALSFX can lead to security issues. For that reason, investors are advised to select regulated brokers that ensure transparency in their operations as well as legal compliance with the law when it comes to investments. Look out for platforms monitored by recognized regulatory bodies because they are much safer trading bases.

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