FIRE PHOENIX is a forex broker that was registered in the UK on April 27, 2023. It primarily provides investors with financial derivative trading services in forex, stocks, futures, energy, precious metals, and cryptocurrencies. The company's headquarters is located in London. This broker does not provide services to jurisdictions where it may violate local laws or regulations.
Company Registration Information and Regulatory Status:
According to public information on the official website of FIRE PHOENIX, it is registered with the Companies House in the UK, with the registered entity being FIRE PHOENIX ASSETS LIMITED. The entity is also registered with the Financial Crimes Enforcement Network (FinCEN) in the United States, with an MSB number of 31000243370224.
Upon verification, the business entity FIRE PHOENIX ASSETS LIMITED registered with the Companies House in the UK has a business registration number of 14961708. The company's registered address is 34 Royal Hill, London, United Kingdom SE10 8RT. However, this entity is not authorized and regulated by the Financial Conduct Authority (FCA) in the UK.
Additionally, the entity successfully registered with the Financial Crimes Enforcement Network (FinCEN) in the United States on May 5, 2023, with an MSB number of 31000243370224. Because FinCEN's mission is to protect the financial system from illicit use, combat money laundering and its related crimes (including terrorism) through strategic use of financial authorities, and the collection, analysis, and dissemination of financial intelligence to promote national security, it does not regulate financial derivative transactions. Therefore, this broker operates without regulation.
Moreover, the website design and content of this broker's official website are identical to those of broker websites like KFCP, XZDL GLOBAL, Ylehub FX, Tokyo Metal, Gffxx, and DTX MARKETS.
Account Opening:
To open an account with FIRE PHOENIX, visit the broker's official website, click "Register" on the homepage or the top right corner of the webpage, fill in your personal email address, set a login password, and submit. Once the application is submitted, the account is successfully registered.
Trading Account Information:
The official website of FIRE PHOENIX does not disclose information on spreads, trading leverage, margin calls/stop-out levels, account types, trading commissions, minimum/maximum trading volumes, maximum positions/orders, or minimum price precision.
Trading Platform:
FIRE PHOENIX offers a proprietary trading platform to its users.
Deposits and Withdrawals:
FIRE PHOENIX does not explicitly disclose the supported methods, fees, and minimum amounts for deposits and withdrawals on its official website.
Summary:
Traderknows reminds investors that FIRE PHOENIX is a financial derivatives trading brokerage website without effective regulation, and can only be contacted via email with extremely limited contact options. Its official website design and content are identical to those of KFCP, XZDL GLOBAL, Ylehub FX, Tokyo Metal, Gffxx, DTX MARKETS, and other brokerage websites, using the same template. Traderknows advises investors to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this brokerage is marked as "unregulated" on Traderknows.
