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Suspicious Clone
Score
1.54 /10
Danger
FOREXITE
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Influence
C
Add brokers
Comparison
Expose
Exposure
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Website
Score
Regulatory Index0.00
Business Index7.22
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
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 :
2025-01-06
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The BelizeFSC regulation (license number: IFSC/60/275/TS/19) claimed by this broker is suspected to be clone. Please be aware of the risk!
WikiFX Verification
| FOREXITE Review Summary | |
| Founded | 1998-12-11 |
| Registered Country/Region | Belize |
| Regulation | Suspicious clone |
| Market Instruments | Forex/Precious Metals/Sock Indices/Oil and Gas/Cryptocurrencies |
| Demo Account | ❌ |
| Leverage | / |
| Spread | / |
| Trading Platform | TradeRoom |
| Min Deposit | 1 USD |
| Customer Support | Phone: +1 718 663 0013 |
| Email: info@forexite.com | |
FOREXITE Information
The Forexite Company is an international Forex and cryptocurrency broker that has been delivering services in the Forex market since 1998. The tradable instruments only include forex, precious metals, stock indices, oil and gas, and cryptocurrencies. The broker also only provides Forexite accounts. The minimum deposit is 1 USD. FOREXITE is still risky due to its suspicious clone status.
Pros and Cons
| Pros | Cons |
| 24/5 customer support | Suspicious Clone |
| MT4/MT5 unavailable |
Is FOREXITE Legit?
FOREXITE is regulated by FSC, license number IFSC/60/275/TS/19, but the current status is 'suspicious clone'.
What Can I Trade on FOREXITE?
Trade up to 58 currencies and cross rates, including some exotic currencies, on the Forex market. In addition, traders can also trade and invest in precious metals, stock indices, oil and gas, and cryptocurrencies. Currently, 75 instruments are available.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Stocks Indices | ✔ |
| Cryptocurrencies | ✔ |
| Precious Metals | ✔ |
| Oil and Gas | ✔ |
Trading Platform
FOREXITE develops the unique TradeRoom platform, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems.
| Trading Platform | Supported |
| TradeRoom | ✔ |
Deposit and Withdrawal
The minimum deposit is 1 USD. FOREXITE accepts Visa, MasterCard, and more for deposit and withdrawal. Incoming payment fees are 0 USD.
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