FXLINK is a forex and contract for difference (CFD) broker established in the United Kingdom on June 15, 2020. It primarily offers financial trading services to investors in forex, indices, US stocks, precious metals, energy, and futures. The company is headquartered in London and has a branch in Vietnam. The broker's official website supports multiple languages, including English, Vietnamese, Malay, Simplified Chinese, French, Spanish, Indonesian, and Khmer. It does not provide services to jurisdictions that may violate local laws or regulations, such as the United States, Canada, the European Union, Hong Kong, Australia, and Japan.
Company Background and Regulatory Status:
FXLINK's registered entity in the UK is FXLink Corp Limited, with a company registration address at 27 Old Gloucester Street, London, United Kingdom, WC1N 3AX, and a company registration number of 12671959. According to Whois data, the broker's website domain was registered on April 3, 2022.
FXLINK's official website does not disclose its regulatory information. Upon investigation, it appears that the broker is not subject to any financial regulation in any region, meaning there is no oversight of its forex trading and brokerage activities.
Account Opening:
To open an account with FXLINK, you first need to register and log in to your account. Afterward, you'll need to upload identity and address verification documents for validation. Once your verification is successful, the broker will send your trading account ID and password to your email. You can then fund your account and start trading in the financial markets.
Account Types:
FXLINK offers three different types of real trading accounts: ECN INFINITY, STANDARD ACCOUNT, and ECN ACCOUNT. All account types (except ECN accounts) support the following trading instruments: 35 currency pairs, 4 metals, and indices. For MT4, there are 35 currency pairs and 4 metals, while MT5 offers 35 currency pairs, 4 metals, 11 indices, 3 energy products, and 66 stocks.
- ECN INFINITY requires a minimum deposit of $50, offers starting spreads of 1 pip, charges a $6 trading commission per standard lot, offers a maximum leverage of 1:5000, and has maximum open positions and pending orders of 100 lots. The minimum trade size is 0.01 lots, and the maximum trade size is 10 lots. It operates as an ECN execution type.
- STANDARD ACCOUNT requires a minimum deposit of $100, offers starting spreads of 20 pips (no commission), provides a maximum leverage of 1:500, and has maximum open positions and pending orders of 200 lots. The minimum trade size is 0.01 lots, and the maximum trade size is 10 lots. It operates as an STP execution type.
- ECN ACCOUNT requires a minimum deposit of $2000, offers starting spreads of 1 pip, charges a $6 trading commission per standard lot, provides a maximum leverage of 1:100, and has maximum open positions and pending orders of 100 lots. The minimum trade size is 0.01 lots, and the maximum trade size is 10 lots. It operates as an ECN execution type.
Deposits and Withdrawals:
The broker's official website does not provide specific information regarding deposit and withdrawal methods.
Customer Support:
FXLINK offers customer support through phone numbers: +44 208 638 0504 (UK) / +84 28 3535 679 (Vietnam), email: support@fxlcorp.com, Telegram: @CustomerFxl, and an online contact form on their website.
Summary:
Traderknows advises investors that FXLINK is an unregulated forex broker, and there is no recourse available if issues arise during trading, and funds are not guaranteed. Traderknows recommends that investors choose trading platforms with legitimate regulation and a good reputation when engaging in trading. Currently, FXLINK is marked as "operating illegally" on Traderknows.
