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    FOREXITE

    2-5 years
    |
    Regulated in Belize
    |
    Retail Forex License
    |
    Non MT4/5 Software

    Rating

    0 1 2 3 4 5 6 7 8 9
    .
    0 1 2 3 4 5 6 7 8 9
    0 1 2 3 4 5 6 7 8 9

     /10

    License Index

    4.29

    Business Index

    5.71

    Risk Management Index

    8.22

    Software Index

    4.0

    Regulatory Index

    4.26

    Licenses

    International Financial Services Commission

    Retail Forex License

    IFSC Offshore Regulatory

    Overview

    • Company Name:

      Forexite Ltd
    • Company Abbreviation:

      FOREXITE
    • Place of registration:

      FOREXITEBelize
    • Regulatory Status:

      Offshore Regulatory
    • Customer Service Email Address:

      info@forexite.com
    • Customer Service Phone Number:

      +1 718 663 0013
    • Company summary

      FOREXITE is an online forex broker based in the Virgin Islands and currently holds a retail forex license from the Financial Services Commission of Belize (license number: IFSC/60/275/TS/19). About More
    Pyramid scheme complaint

    WikiFX APP!

    Global Forex Broker Regulatory Inquiry APP!

    WikiFX Risk Alerts

    Previous Detection: 2021.05.07 Risk: 2 Item

    • The BelizeIFSC regulatory with license number: IFSC/60/275/TS/19 is an offshore regulatory, please be aware of the risk!
    • Current data shows that this broker is using Non MT4/5 Software

    WikiFX Verification

    • Exhibition Area

    • Survey

    • MT4/5

    • Website

    • Genealogy

    • Clones

    • Keywords

    • Time Machine

    • Score

    WikiResearch

    • Delivery Index

    • Market Analysis

    • Material Delivery

    • Brand Launch

    • Search Source

    • Language

    Last Updated Time 2021-05
    International Financial Services Commission

    International Financial Services Commission (IFSC)

    The International Financial Services Commission (IFSC) was established by the enactment of the International Financial Services Commission Act (IFSCA) on 3rd May 1999. The IFSC is a premier regulatory body for the offshore industry in Belize and as the regulatory authority, the IFSC’s responsibility under the IFSC Act, is to enhance Belize as an international financial services center and to regulate the provision of international financial services.

    • Licensed Institution :

      FOREXITE LTD

      Effective Date :

      --
    • Email Address of Licensed Institution :

      info@forexite.bz

      License Type:

      No Sharing
    • Website of Licensed Institution :

      http://www.forexite.bz

      Expiry Date :

      --
    • Address of Licensed Institution :

      No. 5 Cork STreeT P. O. Box 1708, BELIZE CITY, Belize, C.A.

      Phone Number of Licensed Institution :

      501-223-6910
    • Licensed Institution Certified Documents :

      FOREXITE IFSC牌照 View Certified Documents FOREXITE IFSC监管信息20191129 View Certified Documents

    FOREXITE · MT4/5

    Identification Result

      FOREXITE · Website

      Most visited countries/areas

          No content

          No data

          Load failure

          Load failure

          FOREXITE· Genealogy

          FOREXITE · Clones

          FOREXITE · Market Analysis

          The data are from WIKI Research    2021.05.07 updated

          WikiFX prompts you

          This broker's score is relatively low.

          Please choose wisely! Please avoid unnecessary loss

          Continue
          FOREXITE · Survey×

          Special Note

          ×
          FOREXITE

          1.pngWikiFX only provides the legal URL of the platform published by the regulatory website.

          1.pngWikiFX will not disclose your personal information to third parties.

          1.pngIn order to prevent users from being spoofed by phishing websites, fake URLs or domain name hijackings, WikiFX doesnt provide the content though this app.

          1.pngThe use of any service by the client through the official website access channel provided by WikiFX is a personal behavior. Please ensure that you have undergone sufficient preparation and risk management before use.

          根據香港證券及期貨事務監察委員會的規定

          為確保您查看資訊及時性和準確性,我們將為您跳轉到相關的監管資訊頁面

          Alternate Text

          Data Sources WikiResearch 2021.05.07 Update

          数据样本不足

          Data Sources WikiResearch 2021.05.07 Update

          FOREXITE · Chart
          Date

          Insufficient data samples

          Rank by user activity which is calculated by the number of customers with trading operations of the broker within the stat period
          Data provided by VPS
          富拓 · 外链汇总

          Insufficient data samples,Browsing is not supported temporarily

          Alternate Text

          Data Sources WikiResearch 2021.05.07 Update

          WikiFX·pyramid scheme complaint
          1  Know about pyramid scheme  >
          2  Pyramid scheme complaint   >
          3  Done
          1. What is pyramid scheme complaint?
          With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
          2. 10 Features of Pyramid Scheme
          High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
          Report immediately
          Report This Platform
          FOREXITE
          * Contact number
          0086
          *Enter your phone number
          *Reporting Reasons

          *Enter your reason
          Related Photos
          Confirm to Submit

          Submit successfully!

          You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

          Confirm
          FOREXITE · Company summary

            Basic Information & Regulation of FOREXITE

            FOREXITE is an online forex broker based in the Virgin Islands and currently holds a retail forex license from the Financial Services Commission of Belize (license number: IFSC/60/275/TS/19).

            Security Analysis of FOREXITE

            FOREXITE is regulated offshore by the IFSC in Belize. It is well known that brokers that are regulated offshore offer no protection for the safety of investors' funds and trading activities, as do those that are not regulated in any way. Investors should choose a broker subject to first-class regulation, such as the UK FCA, Cyprus CySEC regulation, to avoid funds loss.

            Market Instruments

            FOREXITE provides investors with trading services for major currency pairs, minor currency pairs, and exotic currency pairs.

            Accounts & Leverage

            FOREXITE offers investors a standard account with a minimum opening amount of $1, a minimum trading lot size of 0.01, and maximum trading leverage of 1:100.

            Spreads & Commissions of FOREXITE

            The EURUSD spread on the FOREXITE standard account is 4 pips, which is well above the industry standard. Most brokers offer spreads between 1.1 pips and 1.5 pips on the EURUSD, and higher spreads mean higher costs.

            Trading Platforms Available of FOREXITE

            Forexite has a proprietary platform called TradeRoom, which is web-based only, not very intuitive to use, and has extensive tutorials that obviously must be read carefully. The platform has some of the most basic options and features of major trading platforms such as MetaTrader, but it is neither attractive nor easy to use.

            Deposit and withdrawal

            FOREXITE supports traders' access to their investment accounts via credit/debit cards, as well as online payment systems such as Skrill, Yandex, and Paxum.

            Pros & Cons of FOREXITE

            The main advantages of FOREXITE are:

            1. Low minimum opening amount

            2. Popular funding options, such as Skrill

            The main disadvantages of FOREXITE are:

            1. Offshore regulation

            2. Non-MT4 trading platform

            3. Fewer tradable assets

            4. High spreads & transaction costs

            5. Only one account option available


          Risk Warning

          The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

          Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

          Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

          Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.