Score

1.52 /10
Danger

FALCON

United Kingdom

5-10 years

Regulated in United Kingdom

Investment Advisory License

Suspicious Scope of Business

Suspicious Overrun

High potential risk

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Comparison

Quantity 1

Exposure

Time Machine
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Score

Regulatory Index3.72

Business Index7.09

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

Falcon Commodity Markets Limited

Company Abbreviation

FALCON

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-11-16
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • This broker exceeds the business scope regulated by United Kingdom FCA(license number: 774972)Investment Advisory Licence Non-Forex License. Please be aware of the risk!

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FALCON · Company summary

FALCONBasic Information
Company NameFALCON
Founded2017
HeadquartersUnited Kingdom
RegulationsExceeds business scope regulated by UK FCA and US NFA
Products and ServicesCME cleared futures and OTC swaps, physical US barges, international physical markets, ammonia futures, long-term off-take agreements in green ammonia and green urea
Trading PlatformsDigital Fertilizer Platform: P2P and broker-assisted trading, efficient, multi-product, anonymous, transparent, mobile, automated
Customer SupportEmail: ferts@falconcommoditymarkets.com (Fertilizer Markets), ammonia@falconcommoditymarkets.com (Ammonia Markets)

Overview of FALCON

FALCON, established in 2017 in the United Kingdom, specializes in broking services for fertilizer markets, offering a range of products including CME cleared futures, OTC swaps, physical US barges, and green ammoniaand urea. Utilizing a sophisticated digital platform, FALCON supports efficient, anonymous, and automated trading. However, the company operates beyond the scope of its regulatory licenses, which introduces significant risks for investors.

Overview of FALCON

Is FALCON Legit?

FALCON exceeds the business scope regulated by the United Kingdom FCA (license number: 774972) and the United States NFA (license number: 0493630). This means that while it holds certain licenses, it operates beyond the authorized activities, raising significant risks. Therefore, it is effectively not regulated for its full range of services.

Is FALCON Legit?
Is FALCON Legit?

Pros and Cons

Using an innovative digital trading platform, FALCON provides a comprehensive range of specialist broking services in the fertilizer sector. Additionally, the business offers committed customer service. Nevertheless, FALCON does not provide any teaching materials and operates beyond the regulatory purview of its licenses, posing serious hazards as a result of the absence of thorough regulation.

ProsCons
  • Wide range of specialized broking services
  • Operates beyond the scope of regulatory licenses
  • Advanced digital trading platform
  • Lack of comprehensive regulation
  • Dedicated customer support
  • No educational resources available

Products and Services

CME Cleared Futures and OTC Swaps: Urea Nola, DAP Nola, UAN Nola, Urea Middle East, Urea Brazil, Urea Egypt.

Physical US Barges: Urea Nola, DAP Nola, MAP Nola.

International Physical Markets.

Ammonia Futures: ICE cleared.

Green Ammonia and Green Urea: Long-term off-take agreements.

Products and Services

How to Open an Account

To open an account on FALCON, click on the “REQUEST ACCESS” option and follow the provided instructions.

How to Open an Account

Trading Platforms

FALCON's Digital Fertilizer Platform is a cutting-edge marketplace for fertilizer trading, offering peer-to-peer (P2P) and broker-assisted transactions. The platform is efficient, supports multiple products, ensures anonymity and transparency, and is mobile and automated for seamless trading.

Trading Platforms

Customer Support

For Fertilizer Markets: ferts@falconcommoditymarkets.com

For Ammonia Markets: ammonia@falconcommoditymarkets.com

Customer Support

User reviews

User 1: “I've been using FALCON for trading urea futures, and their digital platform is top-notch. The peer-to-peer trading feature is really efficient. However, the fact that they operate beyond their regulatory scope makes me a bit cautious about the safety of my investments.”

User 2: “FALCON's customer support is great, especially for someone like me dealing with ammonia futures. The platform is user-friendly and transparent. My only concern is the lack of proper regulation, which does make me hesitant to fully trust them with larger investments.”

Conclusion

FALCON offers specialized broking services in the fertilizer market, utilizing a sophisticated digital platform that supports efficient, anonymous, and automated trading. The company's comprehensive range of products and dedicated customer support are significant advantages. However, the primary disadvantage is that FALCON operates beyond its regulatory scope, which raises considerable risks regarding the safety and legality of its operations. Additionally, the lack of educational resources may be a drawback for some users.

FAQs

Is FALCON regulated?

FALCON operates beyond the scope of its regulatory licenses from the UK FCA and US NFA, which raises significant risks.

What products and services does FALCON offer?

FALCON offers broking services in CME cleared futures and OTC swaps, physical US barges, international physical markets, ammonia futures, and long-term off-take agreements in green ammonia and green urea.

How do I open an account with FALCON?

To open an account, click on the “REQUEST ACCESS” option on the FALCON website and follow the provided instructions.

What is FALCON's trading platform like?

FALCON's Digital Fertilizer Platform facilitates efficient, multi-product, anonymous, transparent, mobile, and automated trading.

How can I contact FALCON's customer support?

You can contact FALCON via email at ferts@falconcommoditymarkets.com for fertilizer markets and ammonia@falconcommoditymarkets.com for ammonia markets.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then.

News

NewsFalconX Hires Dan Torrey as Senior Institutional Sales Executive

US-based FalconX, a digital asset trading platform that provides clients best execution using data science, appointed Dan Torrey as its new Senior Institutional Sales Executive. According to an update made via LinkedIn, he will be working from New York City.

WikiFX
2022-04-27 10:02
FalconX Hires Dan Torrey as Senior Institutional Sales Executive

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