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Exceeded
Score
1.78 /10
Danger
FSRCGX
Within 1 yearRegulated in United States
Common Business Registration
Suspicious Overrun
Medium potential risk
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Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index1.25
Business Index3.32
Risk Management Index0.00
Software Index4.00
License Index1.25
Time Machine
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!
2
Previous Detection :
2024-09-28
- This broker exceeds the business scope regulated by United States NFA(license number: 16252409)Common Business Registration Non-Forex License. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
FSRCGX Information
FSRCGXis a forex and CFD broker registered in United States. It provides more than 250 CFD trading for commodities, forex and Indices, and competitive trading fees. This makes it attractive to new traders. However, a major disadvantage is the regulation status of FSRCGX is “Exceeded”, which could put your investment at risk.
Pros and Cons
| Pros | Cons |
| Over 250 tradable instruments | Regulation status is “Exceeded” |
| Provide the minimum spread and commission start from 0. | Only one platform is provided, no MT4 or MT5 support |
| User-friendly platform | Only provide limited customer service by phone and email |
| Demo account is availble |
Is FSRCGX Legit？
FSRCGX is regulated by NFA with license number 16252409, but the current status is “Exceeded”.
| Regulated country | Regulated Authority | Regulated Entity | License Type | License Number |
 | NFA | FSRCGX FX GLOBAL LIMITED | Common Business Registration | 16252409 |
What Can I Trade on FSRCGX？
FSRCGX offers access to over 250 CFD trading for commodities, forex and Indices.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Shares | ❌ |
| Metals | ❌ |
| Commodities | ✔ |
| ETFs | ❌ |
| Crypto | ❌ |
| Energies | ❌ |
Account Type
FSRCGX provides two account types for users to choose from, and provides demo accounts.The Standard account executes fast and has no commission; and the transaction enviroment of the ECN account is safe, the spread is as low as 0, and the commission is low.
FSRCGX Fees
The trading fees of FSRCGX are lower than the industry standard.
Trading Fees
The standard account is commission-free, and the minimum spread starts from 1 pip; while the ECN account charges a commission of $6 per round trade, and the minimum spread starts from 0 pip.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for which type of traders |
| MT4 | ❌ | / | / |
| MT5 | ❌ | / | / |
| FSRCGX | ✔ |
| Traders who like to trade anytime and anywhere.Automated prefersNew tradersHigh-frequency traders |
Deposit and Withdrawal
The minimum deposit to start trading with FSRCGX is $200.Deposit Options
| Deposit Options | Min. Deposit | Fees | Processing Time |
| BANK WIRE TRANSFER | $200 | \ | Order execution speed <20ms |
| Credit or debit card | $200 | \ | Order execution speed <20ms |
| Cryptocurrency | $200 | \ | Order execution speed <20ms |
Withdrawal Options
| Withdrawal Options | Min. Withdrawal | Fees | Processing Time |
| BANK WIRE TRANSFER | $0 | \ | Order execution speed <20ms |
| Credit or debit card | $0 | \ | Order execution speed <20ms |
| Cryptocurrency | $0 | \ | Order execution speed <20ms |
Customer Service
FSRCGX offers limited customer service options. They have a phone number and email address for contact, but lack features like a live chat option, online support ticket system, or social media presence. This may be a drawback for those who prefer real-time customer support.
| Contact Options | Details |
| Phone | +1 5717197085 |
| info@fsrcgx.email | |
| Support Ticket System | None |
| Online Chat | None |
| Social Media | None |
| Supported Language | English; Chinese; Japanese; Vietnamese; Indonesian; Korean; German; French; Russian; Portuguese; Italian; Persian |
| Website Language | English; Chinese; Japanese; Vietnamese; Indonesian; Korean; German; French; Russian; Portuguese; Italian; Persian |
| Physical Address | 110 16th St Denver CO 80202 US |
| Live Chat | None |
| Contact Form | None |
The Bottom Line
The FSRCGX platform is easy to use and suitable for beginners. However, its regulatory status has expired, and traders with high risk tolerance can consider it, but it is better not to invest a large amount of money.
FAQs
Is FSRCGX a safe broker to use？
Although FSRCGX is regulated by NFA, there are still risks of trading with it because the regulatory status has expired.
Is FSRCGX good for beginners？
FSRCGX' platform is easy to use and the trading fees is low, which is suitable for beginners.
Who is FSRCGX best suited for？
If you prioritize affordability over strict regulatory oversight, FSRCGX could be an option.
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