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/10

FX-Farms

United Kingdom|5-10 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://fxfarms.com

Website

Rating Index

Contact

+44 7480 619 460
support@fxfarms.com
https://fxfarms.com
https://www.facebook.com/FX-Farms-Official-106850374116499/

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

English

+44 7480 619 460

Broker Information

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Company Name

FX-Farms

Company Abbreviation

FX-Farms

Platform registered country and region

United Kingdom

Company website
Twitter
Facebook

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-02-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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FX-Farms · Company Summary

Basic Information & Regulation

FX Farms is a Forex and CFD broker based in the UK and is not currently regulated in any way.

Safety Analysis of FX Farms

The most important factor in measuring the security of a Forex broker is whether or not it is formally regulated. FX Farms is currently an unregulated broker, which means that the safety of users' funds and trading activities are not effectively protected. Investors should be careful to stay away from this FX Farms forex broker.

Market Instruments of FX Farms

FX Farms offers investors a wide range of trading products and services, including bonds, commodities, cryptocurrencies, forex currency pairs, futures, and stocks.

Account Types of FX Farms

FX Farms offers five different investment plans: Basic ($25-$1,500 deposit), Trader ($1,501-$10,000 deposit), Lead ($10,001-$25,000 deposit), Eagle ($25,100-$55,000 deposit), and President ($55,000+ deposit).

Trading Platform Available

FX Farms offers traders a non-MT4/MT5 trading platform.

Deposit and Withdrawal of FX Farms

FX Farms supports traders to deposit and withdraw funds via Bitcoin, Perfect Money, Payeer, Ethereum, and Tether. There is a 9% withdrawal (admin fee).

Pros & Cons of FX Farms

The main advantages of FX Farms are

Wide Variety of Assets

The main disadvantages of FX Farms are

1. Not Subject to Any Regulation

2. High Deposits

3. Few Withdrawal Options and High Fees

4. Non-MT4/MT5 Trading Platforms


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FX1456398428
more than one year
I was optimistic about FX-Farms, but I was ultimately disappointed. At first, everything seemed promising, but then I couldn't even download the trading platform and the customer service team didn't provide any helpful solutions. I was left waiting for days with no updates. I regret trusting this platform and feel frustrated by the lack of transparency and support.
2023-03-29 10:06
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