Score

1.25 /10
Danger

FX Corp

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 2

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index4.99

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

open now

Broker Information

More

Company Name

FX Corp

Company Abbreviation

FX Corp

Platform registered country and region

China

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
FX Corp · Company summary

Note: FXcorp.cc's official website: https://www.fxcorp.cc/h5 is currently inaccessible normally.

FXcorp.ccReview Summary
Founded2020
Registered Country/RegionAustralia
RegulationUnregulated
Market Instrumentscurrency pairs, indices, commodities, CFDs
Demo Account/
LeverageUp to 1:400
SpreadStarting from 0 pips
Trading PlatformFXcorp APP, Web Trading Terminal
Min Deposit$1
Customer Support/

FXcorp is an Australian-based forex trading platform that was established in 2020. FXcorp offers various trading options, including currency pairs, indices, commodities, and CFDs. However, FXcorp operates without regulatory oversight from any reputable financial body.

FXcorp

Pros and Cons

ProsCons
low minimum depositNot regulated
low spreads starting from 0 pipsinaccessible website
4 trading options

Is FXcorp.cc Legit?

FXcorp.cc is not regulated and their website is not available.

What Can I Trade on FXcorp.cc?

FXcorp offers 4 trading options, including currency pairs, indices, commodities, and CFDs.

Tradable Instruments Supported
currency pairs
indices
commodities
CFDs.
Cryptocurrencies
ETFs
Bonds
Mutual Funds
Equities

Account Type

FXcorp offers two account types: PRIME and ECN. Both accounts boast spread starting from 0 pips. However, concrete details regarding minimum deposit requirements and any potential differences between the accounts are scarce.

Leverage

FXcorp.cc offers the leverage of up to 1:400 for both of the PRIME and ECN accounts.

Trading Platform

Evolution Int claims it offers FXcorp APP and Web Trading Terminal for their traders.

Trading PlatformSupported
FXcorp APP
Web Trading Terminal
MT4
MT5

Deposit and Withdrawal

FXcorp boasts a low minimum deposit of $1. However, information regarding deposit and withdrawal methods, fees, and processing time is unclear.

News

ExposureUser Became Victim

A user of FX Corp. from India turned into a victim. He invested 4073.34 USD with the broker on September 26, 2023. He wrote in the complaint, "This is the first time I'm facing this issue. I tried contacting the broker but did not receive a response from their customer support."

WikiFX
2024-01-16 17:32
User Became Victim

User Reviews

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User comment

3

Comments

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FX2936348857
6-12months
Ini adalah hal yg serupa dengan yang saya alami di Bulan Febuari - Maret 2024 di mana orang tersebut yang bernama samaran Wiliam Wu / Tommy Kho mengcontact saya melalui aplikasi kencan & dia berkata bahwa hidup serba berkecukupan bahkan tinggal di Jakarta dari bulan Oktokber 2023 untuk membantu Tante yang sedang sakit namun di satu sisi dia membagi waktunya juga untuk mengurus francaise Restaurant Din Tai Fung di Malaysia dan ingin membuka di Jakarta, setelah saling mengenal satu sama selain selama satu minggu dia meminta bantuan ke saya dengan alasan untuk menjalankan akun trading di FX Corp & dia berkata saudara ipar nya dia bekerja di FX Corp, namun 3 hari kemudian saya di paksa untuk mendaftar dan melakukan deposit 5.000.000,- IDR .... awal trade berhasil dana bisa di withdrawal 5.500.000,- IDR.... namun 2 hari kemudian di memaksa saya kembali untuk deposit ke 2x nya dengan nominal fantastic 50.000.000,- IDR mencoba untuk membrainwsh saya namun tidak semudah itu bahkan dia menurunkan nominal depost menjadi 30.000.000 - 15.000.000,- IDR namun tidak semudah itu saya terpengaruh untuk melakukan deposit senilai sebesar itu, sampai akhirnya saya deposit 5.600.000,- namun dana tidak bisa di tarik sebab sudah di setting oleh dia setelah melakukan deposit sy di di beri link untuk konfirm ke Customer Service agar mendapatkan bonus jelasnya ... setelah trade saat itu juga tidak bisa di Withdrawl dana tsb, hingga sampai saat ini dana saya tidak bisa di cairkan sebesar 5,6 IDR.
Ini adalah hal yg serupa dengan yang saya alami di Bulan Febuari - Maret 2024 di mana orang tersebut yang bernama samaran Wiliam Wu / Tommy Kho mengcontact saya melalui aplikasi kencan & dia berkata bahwa hidup serba berkecukupan bahkan tinggal di Jakarta dari bulan Oktokber 2023 untuk membantu Tante yang sedang sakit namun di satu sisi dia membagi waktunya juga untuk mengurus francaise Restaurant Din Tai Fung di Malaysia dan ingin membuka di Jakarta, setelah saling mengenal satu sama selain selama satu minggu dia meminta bantuan ke saya dengan alasan untuk menjalankan akun trading di FX Corp & dia berkata saudara ipar nya dia bekerja di FX Corp, namun 3 hari kemudian saya di paksa untuk mendaftar dan melakukan deposit 5.000.000,- IDR .... awal trade berhasil dana bisa di withdrawal 5.500.000,- IDR.... namun 2 hari kemudian di memaksa saya kembali untuk deposit ke 2x nya dengan nominal fantastic 50.000.000,- IDR mencoba untuk membrainwsh saya namun tidak semudah itu bahkan dia menurunkan nominal depost menjadi 30.000.000 - 15.000.000,- IDR namun tidak semudah itu saya terpengaruh untuk melakukan deposit senilai sebesar itu, sampai akhirnya saya deposit 5.600.000,- namun dana tidak bisa di tarik sebab sudah di setting oleh dia setelah melakukan deposit sy di di beri link untuk konfirm ke Customer Service agar mendapatkan bonus jelasnya ... setelah trade saat itu juga tidak bisa di Withdrawl dana tsb, hingga sampai saat ini dana saya tidak bisa di cairkan sebesar 5,6 IDR.
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2024-04-22 11:17
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Ah Kai
more than one year
If someone said FX Corp is a safe platform, that's history. The withdrawal delays are absurd—I've been waiting ages for my funds to show up in my account. Depositing money is a breeze, takes less than a minute, but withdrawing feels like an eternity. There's a good chance you won't even see your money. Live Support? Forget about it, no help there. The smooth deposit process is just a front for the withdrawal nightmare.
If someone said FX Corp is a safe platform, that's history. The withdrawal delays are absurd—I've been waiting ages for my funds to show up in my account. Depositing money is a breeze, takes less than a minute, but withdrawing feels like an eternity. There's a good chance you won't even see your money. Live Support? Forget about it, no help there. The smooth deposit process is just a front for the withdrawal nightmare.
Translate to English
2023-12-22 11:44
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