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No Regulation
Score
1.51 /10
Danger
FOREXY
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index7.03
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
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
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Warning: Low score, please stay away!
Previous Detection :
2025-01-11
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Note: FOREXY's official website: http://forextrader.clickaway.co.ke is normally inaccessible.
FOREXY Information
Registered in Hong Kong, FOREXY is an unregulated brokerage company specializing in Forex, Binary Options, CFDs, and cryptocurrencies. The broker's official website has been closed, so traders cannot obtain more security information.
Is FOREXY Legit?
FOREXY is not regulated, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.
Downsides of FOREXY
- Unavailable Website
FOREXY's website is inaccessible, raising concerns about its reliability and accessibility.
- Lack of Transparency
Since FOREXY does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.
- Regulatory Concerns.
FOREXY is not regulated, which is less safe than a regulated one.
Conclusion
FOREXY Since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulated status indicates that the broker's trading risks are high. It is advisable to choose regulated brokers with transparent operations to ensure the safety of your investments and compliance with legal standards. Traders can learn more about other brokers through WikiFX. Information improves transaction security.
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