FXFUNDER is a CFD broker whose official website domain was registered on December 24, 2023. The broker mainly provides investors with investment services in forex, cryptocurrencies, indices, stocks, energy, commodities, and more. It does not offer services to countries or regions where it might violate local laws or regulations.
Company Registration Information and Regulatory Status
According to publicly available information on its official website (fxfunder.online), FXFUNDER was established in 2016 and is registered in the United States as an international business company under FXFUNDER LTD, with registration number 0145YH9NF2789. Additionally, the company claims to hold an investment dealer and broker license issued by the U.S. Securities and Exchange Commission (SEC), with license number GA00632217. Furthermore, Crypticbucks asserts that it also has a company regulated by the Australian Securities and Investments Commission (ASIC) called "VLS."
Upon investigation, neither the U.S. Financial Industry Regulatory Authority (FINRA), the U.S. Securities and Exchange Commission (SEC), nor other U.S. financial regulatory bodies have found any regulated company named FXFUNDER LTD. Similarly, the Australian Securities and Investments Commission (ASIC) has no record of a regulated company named "VLS."
Therefore, FXFUNDER (fxfunder.online) is effectively a fraudulent broker site with no company entity or regulatory oversight.
Account Opening Process
To open an FXFUNDER trading account, visit the broker's official website, click "Open Account" on the homepage or "SIGN UP" at the top-right corner of the webpage to access the account registration page. Fill in the required personal information such as name and email address, set a login password, and submit. After submitting and verifying your account, the registration will be successful.
Trading Instruments:
FXFUNDER offers clients various trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies and is known for its high liquidity, allowing traders to profit from exchange rate fluctuations.
- Indices: Index trading allows speculation on the overall performance of a market or specific sector without trading individual stocks, uncovering diversified trading opportunities by exploring popular indices and leveraging high returns.
- Commodities: Commodity trading covers key resources in the global market, enabling traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to participate in the price fluctuations of publicly-listed companies, earning from price changes and dividends based on the company's performance without actually holding the stock.
- Cryptocurrencies: Cryptocurrency trading offers digital currency enthusiasts the opportunity to profit from these highly volatile assets.
Investment Plans
FXFUNDER provides four types of investment plans: STARTER ACCOUNT, CLASSIC ACCOUNT, PLATINUM, and FOREX SIGNALS.
STARTER ACCOUNT:
- Minimum Deposit: £500
- Minimum Expected Profit: £3,500
- Maximum Expected Profit: £5,000
- Trader Education*
- Risk Management
- Tax-free Spread Profits
CLASSIC ACCOUNT:
- Minimum Deposit: £5,000
- Minimum Expected Profit: £45,000
- Maximum Expected Profit: £50,000
- Expert News and Analysis
- Competitive Spreads
- Advanced Trading Tools
- Tax-free Spread Profits
PLATINUM:
- Minimum Deposit: £10,000
- Minimum Expected Profit: £99,999
- Full Benefits Package
- Trader Education*
- Advanced Risk Management
- Tax-free Spread Profits
FOREX SIGNALS:
- Professional Forex Signals
- Up to 10 Signals Daily
- 95% Success Rate
- 24/7 Support
- Advanced Trading Tools
- Bitcoin Payments Only
- Use Any Broker
Trading Platform
FXFUNDER offers a self-developed trading platform, claiming an average order execution speed of less than 7.12 milliseconds, with liquidity provided by over 12,000 comprehensive providers per second.
Deposit and Withdrawal
FXFUNDER only supports deposits and withdrawals via cryptocurrency.
Conclusion:
Traderknows reminds investors that FXFUNDER is a scam broker that entices investors with high returns to deceive them. The website has no corporate entity and no regulation. It is recommended that investors choose brokers with transparent information, strong regulation, and good reputation for investment activities to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
