FXC is a forex broker that was registered in Saint Lucia on August 22, 2023, mainly providing investors with financial trading services like forex, metals, cryptocurrencies, stocks, indices, options, etc. The address of its headquarters is undisclosed. This broker does not provide services to jurisdictions where it might violate local laws or regulations, including but not limited to the United States, Cuba, Iraq, Myanmar, North Korea, and Sudan.
Company Registration Information and Regulatory Status:
Public information on FXC's official website shows that the enterprise entity registered in Saint Lucia is FX Cartage Limited, with a specific registration address at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia, Castries, Saint Lucia, and the registration number is 2023-00411. However, the broker's official website does not disclose any regulatory information it is subject to.
Upon verification, an entity named FX Cartage Limited with registration number 2023-00411 can be found in the International Business Companies and International Trust Registry (ifc) of Saint Lucia. Nevertheless, no registration information about FX Cartage Limited as a broker was found in the Financial Services Regulatory Authority (FSRA) of Saint Lucia, nor by other official financial regulatory authorities in different jurisdictions.
Information from a Whois search indicates that the broker’s official website domain was registered on August 22, 2023. Additionally, as of January 12, 2024, this broker has only been established for 4 months.
Account Opening:
In actual operation, although the FXC official website has registration and login portals, they cannot be opened. Clicking on them redirects to the contact method page.
Account Types:
FXC has not disclosed specific account types it offers, as well as information on spreads, trading leverage, minimum initial deposit amount, commissions, execution types of trades, maximum/minimum trade sizes, and maximum position sizes on its official website.
Trading Platform:
FXC provides users with its proprietary FX Cartage trading platform and the MT5 platform, with servers offered by FX Cartage Limited.
Deposits and Withdrawals:
FXC has not published information about its supported deposit and withdrawal methods, fees, or minimum deposit and withdrawal amounts on its official website.
Summary:
Traderknows reminds investors that FXC is a forex broker without effective regulation, with unclear account transaction information and deposit and withdrawal methods. Additionally, the contact methods are limited, offering customer support services only through email and live online contact on the official website. Traderknows advises investors to avoid FXC when choosing a broker and to opt for brokers with transparent information, strong regulation, and a good reputation to prevent unnecessary losses to their assets.
Currently, this broker is marked as "suspected of fraud" on Traderknows.
