Review summary
Excel Futures, operating as ExcelFutures, Inc., is a U.S.-based brokerage with an operational history estimated between 5 to 10 years. According to WikiFX data, it is categorized as operating in a Suspicious Operational Region and does not hold any valid, verified regulatory licenses for forex and CFD trading. Its sole regulatory reference is an unverified Order Transmission License with the U.S. NFA, which is not a full dealing license and does not provide client fund protection. The broker receives a very low overall WikiFX assessment score of 1.58, indicating a severe risk warning status for potential clients. The combination of an unverified, non-dealing license, a suspicious operational categorization, and a lack of client protection measures means this entity operates without credible, independent financial oversight. Prospective traders are strongly advised to exercise extreme caution and prioritize brokers with robust, transparent regulatory frameworks. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-05-08)
