Score

1.10 /10
Danger

FXLinks

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Website

Score

Regulatory Index0.00

Business Index3.86

Risk Management Index0.00

Software Index4.00

License Index0.00

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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! 2
Previous Detection : 2024-09-22
  • 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

FXLinks · Company summary

FXLinks is a global brokerage company who provides financial trading in more than 2,000 instruments including forex, metals, indices, energies, US stocks and cryptos. The company offers demo account for practicing and allows for copy trading. It claims to offer the well-acclaimed MT5 platform but there's no download link on its website. Moreover, the company currently operates without regulation from any authorities, further degrades its credibility and reliability.

FXLinks' homepage

Pros and Cons

Pros Cons
Wide selection of investment choicesNo regulation
Multiple accountsLimited transparency
MT5 trading platformNon-informative website
Zero funding fees
Demo accounts

Is FXLinks Legit?

FXLinks is not regulated by any financial authorities so far, which you should take into consideration before tapping into real trades with them, since lack of regulation usually means less financial security and customer protection.

No license

What Can I Trade on FXLinks?

On its website, FXLinks claims to offer trading for more than 2,000 market instruments mainly in 5 asset classes: forex, indices, commodities, stocks and cryptocurrencies.

-Forex: Allows investors to make profit or loss through price fluctuations of different currency pairs.

- Commodities: FXLinks offers commodity trading in precious metals and energy products.

- Indices: Common indices include Dow Jones, Nasdaq, SP500, Nikkei 225 etc.

- Cryptocurrency: Investors have access to the most volatile yet dynamic crypto market with FXLinks. Popular choices include BTC, ETH, LTC.

- Stocks: Stock represent partial ownership in a company, giving shareholders a claim on its assets and profits.

Brokers constantly expand or obsolete products to catch up with market changes, always check the most updated information from their website.

Tradable Instruments Supported
Forex
Commodities
Indices
Cryptocurrencies
Shares
ETFs
Bonds
Mutual Funds
What Can I Trade on FXLinks?

Account Type

From its one-page website, we can only get the information that the broker offers a demo account and 3 live accounts: ECN, Standard and Standard Plus. No more valid and useful information can be found. We can only know that leverage for all accounts is 1:200.

Account comparison

Trading Platform

FXLinks claims to offer the world-renowned MetaTrader 5 platform, which is popular for its comprehensive functions with fast trade excution, order tracking and built-in anlysis charting tools. However, there's no download link on its website and from the scarce information on its website, we are not even sure if the claim is true or not.

MT5

Customer Support

Though its website is available in 8 languages, the company does not provde regular customer support channels at all- with common methods such as phone, email are not available at all. So far we can only click the Telegram link at the right corner of its website and start chatting with their representative.

Contact Options Details
Phone
Email
Support Ticket System
Online Chat
Social MediaTelegram
Supported LanguageEnglish, Chinese, Thai, Vietnamese, Indonesian, Malay, Cambodia, Lao
Website LanguageEnglish
Physical Address

The Bottom Line

Though FXLinks is said to offer a wide selection of 2,000+ investment options for traders to diversify their investment portofolio, we can almost conclude that the company might be a scam broker, as follows:

Their one-page website is accessible, but is not informative at all, with only very limited information about its account details, trading conditions etc. Furthermore, the company is not supervised by any regulatory bodies, further impair their reliability. Worst of all, there's no contact window to connect with them except for a Telegram link.

Be cautious and stay away from such unreliable broker.

FAQs

Is FXLinks safe?

No, we cannot say FXLinks is safe because it's not regulated by any recognized authorities so far and maintains only .

Is FXLinks good for beginners?

No, FXLinks is not suitable for beginners. The unregulated status indicates less compliance to industry standards and there's limited customer support.

What trading platform does FXLinks have?

FXLinks claims to offer the world most popular MT5 platform for trading, but it's not for sure.

Risk Warning

Online trading involves considerable risk, so it may not be suitable for every client. Please make sure that you totally understand the risks involved and notice that the information above provided in this review may be subject to alteration owing to the constant updating of the company's services and policies.

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