FSRCGX is a Contract for Difference (CFD) broker registered on July 18, 2024, in Colorado, USA. The broker primarily offers investment services in markets such as forex, digital currencies, metals, energy, futures commodities, and indices. It does not provide services to countries or regions where it may violate local laws or regulations.
Company Registration Information and Regulatory Status:
Public information on the FSRCGX official website shows that its registered entity in Colorado, USA, is FSRCGX FX GLOBAL LIMITED, with the company registration number 20241749044. The broker claims to be regulated by the Financial Crimes Enforcement Network (FinCEN) and the National Futures Association (NFA), with an MSB number of 31000277729060, although the NFA ID is not disclosed.
Upon verification, FSRCGX FX GLOBAL LIMITED can be found in the Colorado information market and the Financial Crimes Enforcement Network (FinCEN), with the registration numbers consistent with those provided on the broker's official website. However, no regulatory information can be found in the National Futures Association (NFA) regarding this company.
Additionally, the mission of FinCEN is "to safeguard the financial system from illicit use, combat money laundering and its related crimes (including terrorism), and promote national security through the strategic use of financial authorities and the collection, analysis, and dissemination of financial intelligence." Its constraints on legitimate financial derivatives trading are relatively low.
Therefore, FSRCGX is essentially an unregulated fraudulent broker website.
Trading Instruments:
FSRCGX offers a variety of trading products, including forex, indices, metals, commodities, and cryptocurrencies for CFD trading.
- Forex: Forex trading involves the exchange of different currencies, known for its high liquidity, allowing traders to profit from currency fluctuations.
- Indices: Index trading allows speculation on the performance of entire markets or specific sectors without trading individual stocks, offering diverse trading opportunities through popular indices and leveraging potential returns.
- Commodities: Commodity trading covers key global market resources, allowing traders to buy and sell various raw materials like metals, energy, and agricultural products.
- Precious Metals: Precious metals trading refers to the buying and selling of gold, silver, platinum, and palladium in financial markets. Due to their scarcity and industrial uses, they are often seen as a means of value preservation and a hedge against inflation.
- Stocks: Stock CFDs are derivatives allowing traders to speculate on individual stock price movements without owning the underlying shares, capitalizing on price fluctuations.
- Cryptocurrencies: Cryptocurrency trading provides opportunities for digital currency enthusiasts to profit from highly volatile assets.
Account Opening:
To open an FSRCGX account: visit the broker's official website, click on "Open Account" on the homepage or the top right corner of the page, fill in your email address to receive a verification code, set your login password, and submit the application. Your account will be successfully registered upon submission.
Trading Account Information:
FSRCGX offers two different types of real trading accounts: STANDARD ACCOUNT and ECN ACCOUNT.
STANDARD ACCOUNT:
- Trading Platform: FSRCGX
- Execution Speed: Instant Execution
- Products: Commodities, Futures CFDs
- Maximum Leverage: 1:500
- Spreads: From 1 pip
- Trading Commissions: None
- Minimum Deposit: $200
ECN ACCOUNT
- Trading Platform: FSRCGX
- Execution Speed: Instant Execution
- Products: Commodities, Futures CFDs
- Maximum Leverage: 1:500
- Spreads: From 0 pips
- Trading Commissions: $6 per round lot
- Minimum Deposit: $200
Trading Platform:
FSRCGX claims to offer a proprietary trading platform for users, available on web and mobile. The web platform closely resembles those used by several fraudulent brokers.
Deposits and Withdrawals:
FSRCGX supports deposits and withdrawals via Mastercard, VISA, NETELLER, Skrill, and bank transfers.
Conclusion:
FSRCGX is an emerging CFD broker that offers solutions for both ordinary investors seeking low-cost trading and high-frequency traders looking for a specialized trading environment, meeting the needs of various types of investors.
Currently, this broker is marked as "Active" on Traderknows.
