Flex-FX Invest is a contract-for-difference broker whose official website domain was registered on March 15, 2024. This broker mainly provides investment services for trading markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not offer services to countries or regions where it may violate local laws or regulations.
Corporate Registration Information and Regulatory Status
According to publicly available information on its official website, Flex-FX Invest was founded in 2016 and claims to be regulated by the Australian Securities and Investments Commission (ASIC). However, the broker has not disclosed company entity registration information or detailed regulatory details.
Upon investigation, the Australian Securities and Investments Commission (ASIC) does not list a regulated company named "Flex-FX Invest."
Therefore, Flex-FX Invest is actually a fraudulent broker website with no company entity or regulatory oversight.
Account Opening Process
The account opening process for a Flex-FX Invest trading account is as follows: Visit the broker's official website, click on "Open Account" on the homepage or "SIGN UP" at the top right corner of the page to enter the account registration page. Fill in personal information such as name and email address, set a login password, and submit. After submitting and verifying the account, registration will be successful.
Trading Instruments
Flex-FX Invest offers a variety of trading products to its clients, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves exchanging different currencies, known for its high liquidity, which allows traders to profit from currency fluctuations.
- Indices: Index trading allows speculation on the performance of an entire market or specific sector without trading individual stocks. By exploring popular indices, various trading opportunities can be identified, and high leverage can be used to enhance potential returns.
- Commodities: Commodity trading covers key resources of global markets, allowing traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to take advantage of price fluctuations and dividends based on company performance without holding actual shares.
- Cryptocurrencies: Cryptocurrency trading offers opportunities for digital currency enthusiasts to profit from highly volatile assets.
Investment Plans
The Flex-FX Invest website does not disclose information on account types, spreads, trading leverage, stop-out/margin call levels, trading commissions, minimum/maximum transaction sizes, maximum position/order limits, or minimum price increments.
Trading Platform
Flex-FX Invest claims to provide a proprietary trading platform with an average order execution speed of less than 7.12 milliseconds and support from more than integrated liquidity providers, executing over 12,000 orders per second. However, the download link provided leads to the MT4 trading platform, where no broker named Flex-FX Invest can be found.
Deposits and Withdrawals
Flex-FX Invest does not support deposit and withdrawal methods through credit cards or bank wire transfers; it only allows transactions via cryptocurrency.
Conclusion:
Traderknows reminds investors that Flex-FX Invest is a scam broker that lures investors with high returns. The website has no actual company entity or any regulation, and the contact method is limited to email. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is labeled as a "Scam" on Traderknows.
