Score

1.48 /10
Danger

Access Fx Trade

United States

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.77

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

open now

Broker Information

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Company Name

B.O. Tradefinancials Limitd

Company Abbreviation

Access Fx Trade

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
Expose
Access Fx Trade · Company summary
Access Fx Trade Basic Information
Company Name Access Fx Trade
Headquarters United States
Regulations Not regulated
Account Types Legend Plan, Luxury Plan, Advanced Plan, Beginner Plan
Minimum Deposit $200
Customer Support Email (support@accessfxtrade.com)

Overview of Access Fx Trade

Access Fx Trade, based in the United States, is an online trading platform that provides traders with access to financial instruments. With account options including Legend Plan, Luxury Plan, Advanced Plan, and Beginner Plan, traders have the flexibility to choose the account type that best suits their needs. However, it's worth noting that Access Fx Trade operates without regulatory oversight, underscoring the importance of exercising caution due to the potential risks associated with unregulated trading.

Overview of Access Fx Trade

Is Access Fx Trade Legit?

Access Fx Trade is not regulated. It's essential to highlight that this brokerage lacks proper regulation, operating without oversight from established financial regulatory bodies. Traders must proceed with caution and fully understand the associated risks when contemplating trading with an unregulated broker like Access Fx Trade. Without regulatory oversight, there may be limited avenues for dispute resolution, potentially raising concerns about the safety and security of funds, as well as transparency in the broker's operations.

Is Access Fx Trade Legit?

Pros and Cons

Access Fx Trade presents traders with a variety of account types, offering flexibility to cater to diverse trading preferences. However, the absence of regulatory oversight raises concerns about potential risks for traders, emphasizing the need for caution. Additionally, the limited customer support options, primarily through email, may hinder timely assistance and resolution of issues for traders. Furthermore, the lack of educational resources and transparency regarding company policies and procedures may pose challenges for traders seeking comprehensive guidance. Moreover, encountering difficulties accessing the website can disrupt the trading experience, further highlighting areas for improvement.

Pros Cons
  • Provides a variety of account types
  • Operates without regulatory oversight, potentially exposing traders to risks
  • Limited customer support options, primarily through email
  • Lack of educational resources or transparency regarding company policies and procedures
  • Encounters difficulties accessing the website

Account Types

Access Fx Trade offers a range of account types tailored to accommodate varying trading preferences and investment levels.

The Legend Plan offers account balances ranging from $50,000 to $100,000, providing access to premium features and enhanced trading opportunities.

The Luxury Plan offers account balances ranging from $15,000 to $50,000, facilitating comprehensive trading experiences.

The Advanced Plan offers account balances ranging from $1,500 to $15,000, providing access to essential tools and resources for trading success.

The Beginner Plan offers account balances ranging from $200 to $1,000, offering a user-friendly interface and basic trading functionalities to kickstart their trading journey.

Customer Support

Access Fx Trade offers customer support primarily through email at support@accessfxtrade.com.

Customer Support

Conclusion

In conclusion, Access Fx Trade offers a range of account types, providing flexibility to accommodate diverse trading preferences. However, the absence of regulatory oversight raises concerns about potential risks for traders, emphasizing the need for caution. Additionally, limited customer support options, primarily through email, may hinder timely assistance and issue resolution. The lack of educational resources and transparency regarding company policies may also pose challenges for traders seeking comprehensive guidance. Moreover, difficulties accessing the website can disrupt the trading experience, indicating areas for improvement.

FAQs

Q: Is Access Fx Trade regulated?

A: No, Access Fx Trade operates without regulation, which means it lacks oversight from recognized financial regulatory authorities.

Q: What account types does Access Fx Trade offer?

A: Access Fx Trade provides various account types, including Legend Plan, Luxury Plan, Advanced Plan, and Beginner Plan, catering to different trading preferences and experience levels.

Q: How can I contact Access Fx Trade's customer support?

A: You can reach Access Fx Trade's customer support primarily through email at support@accessfxtrade.com.

Risk Warning

Trading online carries substantial risk, and there's a possibility of losing your entire investment capital. It's essential to recognize that online trading may not be suitable for all traders or investors. It's crucial to thoroughly understand the associated risks before proceeding. Additionally, please be aware that the information provided in this review is subject to change as the company's services and policies evolve over time. Considering the date when this review was created is important, as information may have been updated since then. Therefore, it's advisable for readers to verify any information directly with the company before making any decisions or taking action. Ultimately, the responsibility for using the information provided in this review lies solely with the reader.

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