Score

5.08 /10
Average

Central FX

United Kingdom

5-10 years

Regulated in United Kingdom

Payment License

Suspicious Scope of Business

Suspicious Overrun

High potential risk

C

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Score

Regulatory Index6.32

Business Index7.17

Risk Management Index0.00

Software Index5.69

License Index5.50

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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

VG FSC
2021-10-27

Broker Information

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Company Name

Central FX Ltd

Company Abbreviation

Central FX

Platform registered country and region

United Kingdom

Company website

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Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts 3
Previous Detection : 2024-09-21
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • This broker exceeds the business scope regulated by United Kingdom FCA(license number: 565847)Payment services Non-Forex License. Please be aware of the risk!

WikiFX Verification

Central FX · Company summary

General Information

Central FX Ltd, regulated by Her Majestys Revenue and Customs (HMRC) and authorized by the Financial Conduct Authority (FCA) under the Payment Services Regulations 2017, is a company based in the United Kingdom that aims to help clients to manage their currency risk and international payments by understanding the core factors that are unique to their business and developing a currency risk strategy.

Key Services

  • International Payment

  • Spot Transactions

  • Forward Contracts

  • Market Orders

Managing Currency Risk

  • Buy & Sell in Other Currencies: instant transactions; securing a fixed rate for the future; waiting for the market to move;

  • Currency Risk Audit: There are 4 factors that define currency risk, namely timing, the amount, margin and forecasting.

  • Hedging Strategies: Hedgemaster is a tool that makes sure clients hedging decisions are driven by their data.

Online FX Platform

CFX Online is an international payments gateway allowing clients to manage their payment requirements online. CFX Online allows clients to instruct and track payments and manage their accounts 24/7, and they can also purchase currency (during business hours).

Customer Support

If clients have any questions or concerns, please call +44 (0) 20 7265 7979 or email info@centralfx.co.uk for consultation.

User Reviews

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User comment

2

Comments

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名难起
more than one year
Central FX is easy to use for someone with no experience. It is a great user-friendly platform. The customer service is phenomenal and truly makes it worth being their member. I truly recommend Central FX.
Central FX is easy to use for someone with no experience. It is a great user-friendly platform. The customer service is phenomenal and truly makes it worth being their member. I truly recommend Central FX.
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2023-02-20 11:42
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Rohit Kumar
more than one year
I saw that wikifx staff did a site visit in the UK and the company Central FX doesn't have an office at the address they claim...is it a scammer?
I saw that wikifx staff did a site visit in the UK and the company Central FX doesn't have an office at the address they claim...is it a scammer?
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2022-12-12 13:37
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