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FXROAD.com -

Score

4.64 /10
Average

FXROAD.com

Seychelles

2-5 years

Regulated in Seychelles

Retail Forex License

Suspicious Scope of Business

Medium potential risk

Offshore Regulated

https://www.fxroad.com

Influence

D

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Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index3.92

Business Index5.42

Risk Management Index8.22

Software Index4.00

License Index3.92

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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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Broker Information

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Company Name

4Square SY Ltd

Company Abbreviation

FXROAD.com

Platform registered country and region

Seychelles

Company website

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Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts 2
Previous Detection : 2025-12-08
  • The Seychelles FSA regulation with license number: SD052 is an offshore 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

Exposure

1 pieces of exposure in total
Pyramid scheme complaint
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FXROAD.com · Company summary
FXRoad Review Summary
Founded 2023
Registered CountrySeychelles
Regulated Not regulated
Market InstrumentsMajor currency pairs, Shares of top global companies, Cryptocurrencies, Commodities
Demo Account✅($100,000 in virtual fund)
LeverageUp to 1:200
SpreadFrom 2.4 pips (Silver account)
From 1.8 pips (Gold account)
From 1.2 pips (Platinum account)
Trading PlatformWebtrader, TradingView, FXRoad App (iOS, Android)
Min Deposit250 EUR
Customer SupportService time: 05:00 - 18:00 GMT / Monday – Friday; 07:00 - 16:00 GMT / Saturday – Sunday
Live chat, contact form
Brazil: +5561947565589
India: +911171279109
Email: support@fxroad.com
Social media: Facebook, Instagram, Twitter, LinkedIn
Registered address: CT House, Office 9A, Providence, Mahe, Seychelles
Regional RestrictionsUSA, Canada, the European Union, Iran, Iraq, Syria, North Korea, Sudan

FXRoad Information

FXRoad, registered in Seychelles, is a newly-established unregulated broker, offering trading on Major currency pairs, Shares of top global companies, Cryptocurrencies, and Commodities with leverage up to 1:200, variable spreads on different account types and no commissions. Demo accounts are available, and the minimum deposit requirement to open a live account is as high as 250 EUR. Instead of the leading MT4 and MT5, trading platforms available are Webtrader, TradingView, and FXRoad App (iOS, Android).

FXRoad's homepage

Is FXRoad Legit?

FXRoad currently does not appear to be regulated by any major financial authority. Regulation helps protect traders by ensuring brokers adhere to certain standards. The lack of regulation means it's advisable to proceed with caution and thoroughly understand the risks involved before trading with FXRoad.

No license

Pros & Cons

Pros Cons
• Various trading instruments to trade• Operates without regulatory oversight
• Offers multiple account types• Tight spreads
• Demo accounts available• High minimum deposit (250 EUR)
• Open and equitable trading environment with no commissions• No MT4/5
• Three choices of trading platforms• Lack of educational resources
• Multiple contact channels• No 24/7 customer support

Market Instruments

Tradable Instruments Supported
Major currency pairs (EUR/USD, etc.)✔
Shares of top global companies (Netfilx, Amazon, etc.)✔
Cryptocurrencies( Bitcoin, etc.)✔
Commodities (oil, gold, etc.)✔
Indices❌
Bonds❌
Options❌
ETFs❌

Market Instruments

Account Type

FXRoad offers four account types: Silver, Gold, Platinum and Islamic. All accounts offer leverage up to 1:200, 0%deposit commission and tight spreads.

However, they differ in minimum spreads offered and target audience.

Silver accounts are designed for new traders with a minimum spread of 2.6 pips.

Gold accounts are for traders looking for more potential trading opportunities with a minimum spread of 2.0 pips.

Platinum accounts are designed for experienced traders looking for an intensive trading experience with a minimum spread of 1.4 pips.

Islamic accounts are designed for traders adhering to Islamic finance principles with no night rollovers.

Account comparison

Leverage

FXRoad offers leverage up to 1:200, which can magnify your potential returns. This high leverage is available across all their account types (Silver, Gold, Platinum, and Islamic).

FXRoad Fees

Account TypeSpreadCommission
SilverFrom 2.4 pips❌
GoldFrom 1.8 pips
PlatinumFrom 1.2 pips

Trading Platform

Trading PlatformSupported Available DevicesSuitable for
Webtrader✔Web/
TradingView✔Web/
FXRoad App✔iOS, Android/
MT4❌/Beginners
MT5❌/Experienced traders

Trading Platforms
Mobile App

Deposit & Withdrawal

Payment OptionMinimum DepositMinimum WithdrawalDeposit FeeWithdrawal Fee
Visa250 EUR50 EUR❌❌
MasterCard
Maestro
Apple Pay
Google Pay
Deposit & Withdrawal

News

ExposureRevealing The Latest Forex Scams in FXRoad

Have you been lured into forex investment through FXRoad under the fake impression of professionally managed services? However, in real time, this broker denied withdrawals? You have unfortunately trusted a scam broker. Read some hard reviews of the broker.

WikiFX
2025-07-31 20:28
Revealing The Latest Forex Scams in FXRoad

ExposureNo Withdrawal Rights for Investors- User Complaints against FXRoad

If you are planning to invest your money, then beware, there are a lot of scammers looking for you to swindle your money. You must be very careful. Have you heard that proverb, "The moment you look away, an accident happens"? The same story happened with a user, who ultimately became a victim of his chosen broker.

WikiFX
2025-04-25 19:24
No Withdrawal Rights for Investors- User Complaints against FXRoad
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FX1730867004
6-12months
I am maintaining account with this platform. as on date My withdrawable amount is more than $19000 and the platform is not paying my own withdrawable amount.I faces a loss of $91000 after some profits.Now I am struggling just to withdraw my money. I request please do not get prey to this platform at all.
I am maintaining account with this platform. as on date My withdrawable amount is more than $19000 and the platform is not paying my own withdrawable amount.I faces a loss of $91000 after some profits.Now I am struggling just to withdraw my money. I request please do not get prey to this platform at all.
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2025-02-21 11:01
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Antoine G
more than one year
FXRoad Tradingview is sleek, easy to use, and packed with all the tools I need. Plus, their spreads are super tight, so I'm not getting ripped off on every trade.👍👍👍
FXRoad Tradingview is sleek, easy to use, and packed with all the tools I need. Plus, their spreads are super tight, so I'm not getting ripped off on every trade.👍👍👍
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2024-07-10 17:29
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