FCX Trade International Ltd (abbreviated as FCX) is a forex and CFD broker, with its official website domain being fcxtrade.com. According to the website, the company was established in 2021 with the aim of providing convenient, transparent, and intelligent trading services to global traders.
Company Profile on the Official Website
According to the official self-description, since its establishment, FCX has positioned itself as a "globally recognized and regulated forex and CFD broker," claiming to operate in 15 countries and focusing on providing competitive trading conditions and quality customer service. Additionally, the website advertises its "award-winning trading platform" for efficient order execution and comprehensive tools and resource support. However, these claims lack public information backing and have several discrepancies with the actual situation.
Products and Services
Trading Instruments
According to the website, FCX offers the following trading instruments:
- Forex
The largest financial market in the world, providing currency pair trading, such as EUR/USD, USD/JPY, etc. Forex trading is known for its high liquidity and low spreads, suitable for both short-term and long-term investors. - Bonds
Bond trading includes government and corporate bonds, offering options for investors seeking stable returns and risk diversification. Common bond types include US Treasury Bonds and Corporate Bonds. - Indices
Covering major global stock indices, such as the S&P 500, Dow Jones Industrial Average, FTSE 100, reflecting the performance of entire economies or industries. Suitable for traders focusing on macroeconomic trends. - Commodities
Includes energy (like crude oil), precious metals (like gold, silver), and agricultural products (like wheat, coffee), suitable for investors hedging against inflation or seeking diversified asset allocation. - Stocks
By trading company stocks (such as Apple, Amazon, Tesla, etc.), investors can directly participate in corporate growth. Stock trading is suitable for medium to long-term investors focusing on individual stock performance. - Futures
Provides standardized contract trading for assets including energy, agricultural products, metals, and indices. The futures market is favored by speculators and hedgers due to its high leverage and flexibility. - Cryptocurrencies
Includes Bitcoin, Ethereum, and Ripple, supporting 24/7 trading, suitable for investors seeking high volatility and opportunities in emerging markets.
Accounts and Fees
- Account Types: Not disclosed
- Spreads: Not disclosed
- Trading Leverage: Not disclosed
- Trading Commissions: Not disclosed
- Demo Account: Not available
Trading Platform
The website claims to offer the MetaTrader 4 (MT4) trading platform. However, verification shows that no broker named FCX Trade International Ltd is found on the MT4 platform.
Deposits/Withdrawals
The website's homepage displays various payment methods (bank transfer, Mastercard, VISA, NETELLER, cryptocurrencies) but does not provide specific details on deposits and withdrawals or clarify the presence of related fees.
Introducing Broker Policy
The website does not provide any Introducing Broker policy or related information.
Educational Resources
The website does not feature an investor education section.
Regulatory Information
FCX Trade International Ltd claims to be registered and regulated by the following entities in the UK:
- National Futures Association (NFA), with regulatory ID: NFA ID: 0564650
- Financial Services Commission (FSC), without specifying a particular country/region
- Securities Commission of The Bahamas (SCB)
Verification Results:
- UK Companies House and Securities Commission of The Bahamas (SCB) do not have registration records for this company.
- The NFA website does not have information on NFA ID: 0564650.
- The FSC does not specify a clear country or region, making verification impossible.
Brand and Market Performance
- Contact Information: Only an online contact form and email are provided on the website.
- Social Media: Although the website displays icons for Facebook, Twitter, Instagram, LinkedIn, and YouTube, no social media accounts are actually active.
- Website Traffic: According to Semrush and Ahrefs, the website's average monthly traffic is only 11, indicating nearly no usage.
- Brand Exposure: No related news was found in the public domain.
Conclusion
FCX Trade International Ltd positions itself as a "leading global broker," but its actual operational information, regulatory status, and market performance are fraught with significant doubts. The website fails to provide effective transparency and public data, and most of its promotional content lacks substantive support.
