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No Regulation
Score
1.38 /10
Danger
Warnock FX
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index6.01
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
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
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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
General Information
Established in 2022, Warnock FX is a newly established forex broker registered in Saint Vincent and the Grenadines, offering its clients a series of forex and CFDs trading services.
When it comes to regulation, it has been verified that Warnock FX does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.10/10. Please be aware of the risk. Trading with an unregulated forex broker contains a high level of risk.
Account Types
Warnock FX offers its clients three account types, a demo account, a live account, and a move account. A demo account is an essential tool for traders to test this platforms trading environment and practice their trading skills.
The minimum deposit to open a real account is not disclosed.
Leverage
The maximum leverage offered by Warnock FX is quite high, up to 1:400. High leverage typically is preferred by professional traders and scalpers, as it presents more trading flexibility. However, since leverage can amplify gains as well as losses, it is important for inexperienced traders to choose the proper amount that they feel most at ease.
Trading Platform
Warnock FX does not specify what trading platform it offers.
Trading Tools
Aside from trading platforms, Warnock FX also offers a series of trading tools to help traders quickly acquaint themselves with forex trading. These trading tools include Economical Calendar, Technical Analysis, Market Data, Forex Cross, and Stock Follower.
Customer Support
Warnock FXs email and phone support services are available to traders with inquiries or problems related to trading. Contact details are listed below:
Telephone: +1 784 485 6124
Email: info@warnocktrade.com
Online Communication
Registered Company Address: First Floor, First St Vincent Bank Ltd Building James Street Kingstown St. Vincent and Grenadines
Risk Warning
Online trading in leveraged Forex and CFD instruments contains a high level of risk and may not be suitable for all investors.
Please note that the information contained in this article is for general information purposes only.
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