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CARLTON -

Score

1.98 /10
Danger

CARLTON

Saint Lucia

2-5 years

Suspicious Regulatory License

MT5 Full License

Regional Brokers

High potential risk

https://carltonfx.com

Influence

D

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Comparison

Quantity 11

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index5.77

Risk Management Index0.00

Software Index8.17

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

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

open now

Broker Information

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Company Name

Carlton Financial Limited

Company Abbreviation

CARLTON

Platform registered country and region

Saint Lucia

Company website

X

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  • +971502393915

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 2
Previous Detection : 2026-01-09
  • This broker lacks valid forex regulation. Please be aware of the risk!
  • WikiFX has received a total of 11 user complaints against this broker, please be aware of the risks and do not be scammed!

WikiFX Verification

Exposure

11 pieces of exposure in total
Pyramid scheme complaint
Expose
Scam

It has been over 1.5

It has been over 1.5 months, and I have not received any updates or my funds. My account now shows a zero balance, and they are completely unresponsive Even after admitting their mistake this is very bad

2025-12-02 11:08
Unable to Withdraw

No withdrawal page

My withdrawal page has disappeared I only keeps showing I don’t have enabled payment options even my KYC is now showing unverified and my wallet is showing 0 balance my money is no where to be found this is one of the most scam brokers bring back my money let me withdraw

2025-12-02 18:12
Severe Slippage

I was trading and everything

I was trading and everything was going well I was making very good profits all of a sudden the Market hock for some seconds and once it’s back all the profits is gone and my account is gone I contacted the broker the admitted their fault but still my money ain’t refunded this slippage is very frustrating an Annoying it took away all of my money and profits

2025-12-03 05:48
Severe Slippage

Earlier today, my trade

Earlier today, my trade was stopped out at a price that NEVER even existed on the chart. I checked different timeframes, and there was no candle or wick that reached my stop-loss level, yet somehow, my trade got closed. This is a clear sign of artificial price movements, which is unacceptable for a broker claiming to offer fair execution. On top of that, I had set my risk to $1.5, but when my trade was stopped out, I was charged a $2.3 loss instead. That’s almost 50% more than what I expected. Either they widened the spread at execution, or they’re manipulating trade outcomes in their favor. Either way, it’s shady.

2025-12-03 18:58
Unable to Withdraw

The Have refused to release

The Have refused to release my funds, anything i requested for a withdrawal the only send me a mail about Elaborating can’t i withdraw my own money.. what is really happening I have been trying to contact support the are also not responding

2025-12-02 11:17
Scam

my account was verified

my account was verified and I have been trading well and good but today I just logged into my account and see that my account is showing unverified I don’t understand how this things works how can a fully verified account be unverified all of a sudden seems the don’t want to give my withdrawals

2025-12-04 06:13
Unable to Withdraw

I can’t seems to withdraw

I can’t seems to withdraw my money because the have refused to verify my account for over how many days the said it only takes 24 hours but because i initiated a withdrawal the have refused to verify my accounts even after multiple attempts the don’t want to give out mine for withdrawals or is it because i made a lot of profits the don’t want to give out money

2025-12-02 18:55
Severe Slippage

I had a sell position

I had a sell position on XAUUSD for 8.00 Lots at the price of 2682.80 I have waited for this trade like 40-45 minutes till the Asian markets opened and the price started to drop and as soon as it crossed my entry price I put a SL at 2682.69 to protect my position. Once I have closed the trade modification the position was already closed even when the candle kept dropping and it reached my desired TP at 2674.5. I have contacted their support for almost a month till I got an answer on this matter yet they claim that when the SL was placed the price came back up to 2682.69 then it dropped again, recently I had a free time to check this out on MT5 strategy tester to check specifically how the candles formed, yet the candle never retraced to my SL and the price it stayed at for a few milliseconds was around 2682.61-2682.63 then it continued dropping. I checked this time stamp with multiple brokers that I trade with yet the price never came back to my SL during that duration.

2025-12-03 19:54
Unable to Withdraw

I can’t withdraw my money

I can’t withdraw my money from this broker I have been waiting for a long time but I can’t everytime it’s refused to be processed even the customer service are not helping the keep saying it can’t be withdrawn how can’t i withdraw my own money

2025-12-02 10:50
Scam

I ensured all trades

I ensured all trades were closed after five minutes, but the broker transferred all my funds from my account to their own, citing vague "system issues." I have tried reaching out to the customer support in different ways but it’s not fruitful at all the are not responding to any of my emails or chats I don’t know what to do again

2025-12-02 14:21
Severe Slippage

I opened a buy stop order

I opened a buy stop order at price 42870 for US30. It was triggered at 42991, a massive 121 points difference! Even more ridiculous is that my order then TP at 42964.1! This is the first time I've seen such a ridiculous trade execution and I've tried numerous brokers. When I bring this up for them to check, their compliance provided the standard reply of slippage due to high market volatility or news release and won't compensate me.

2025-12-03 19:22
    CARLTON · Company summary
    CARLTON Review Summary
    Founded2022
    Registered Country/RegionSaint Lucia
    RegulationNo regulation
    Market InstrumentsCFDs on forex, stocks, commodities, indices, cryptocurrencies, ETFs, etc.
    Demo Account✅
    Leverage Up to 1:500
    Spread40-50 points for forex (Standard account)
    Trading PlatformMT5
    Minimum Deposit$10
    Customer SupportContact form, WhatsApp
    Tel: +971 4 832 2845
    Email: support@carltonfx.com
    Facebook, Twitter, Instagram, LinkedIn
    Registered Address: Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia
    Physical Address: #1404, 14th Floor, Zone A, Aspect Tower, Executive Tower-D, Business Bay, Dubai, UAE
    Restricted AreasUnited States of America, Canada, Israel and the Islamic Republic of Iran

    CARLTON Information

    Registered in Saint Lucia while physically operating in Dubai, UAE, CARLTON is a brokerage company who offers more than 1,200 trading instruments to both retail and institutional traders. Their business mainly fall into categories like CFDs on forex, stocks, commodities, indices, cryptocurrencies, ETFs, etc.

    It provides a demo account for practicing before actual trading and 5 tiered accounts, with a minimum deposit of $10 only, which is affordable to most traders. Trades are excuted on the most popular and advance MetaTrader 5 platform.

    However, one of the facts that cannot be neglected is that the broker is not being well-regulated by any official authorities so far, which degrades its credibility and trustworthiness.

    CARLTON's homepage

    Pros and Cons

    Pros Cons
    Demo accounts availableNo regulation
    MT5 platform
    Tiered accounts
    Low minimum deposit

    Is CARLTON Legit?

    The most important factor in measuring the safety of a brokerage platform is whether it is formally regulated. CARLTON is an unregulated broker, which means that the safety of users' funds and trading activities are not effectively protected. Investors should choose CARLTON with caution.

    No license

    What Can I Trade on CARLTON?

    CARLTON offers 1,200+ trading instruments 24 hours a day, 7 days a week. These mainly include:

    Tradable Instruments Supported
    CFDs✔
    Forex✔
    Stocks✔
    Commodities✔
    Indices✔
    Cryptocurrencies✔
    ETFs✔
    Bonds❌
    Options❌
    What Can I Trade on CARLTON?

    Account Type & Fees

    Except for a demo account with virtual money to practice before commiting real money, CARLTON offers a 5 tiered live accounts for clients to choose from.

    Minimum deposit is only $10, affordable to most traders, even beginners.

    While for spreads, the higher level the account is, the wider the spread will be for metals and forex.

    No trading commissions will be charged except for the Zero account with the tightest spread. The commission will be 25 dollars per trade.

    Account TypeMinimum DepositSpread (Forex)Spread (Metals)Commission
    Zero$10Under 10 points0 points25 dollars
    Pro30-40 points40 points❌
    Premium25-35 points35 points❌
    Standard40-50 points50 points❌
    Cent25-50 points35 points❌
    Account comparison

    Leverage

    Leverage will be up to 1:500 for all account types for this broker, which means your profits can be maximized to 500 times of your initial deposit. However, be cautious with leverage since it amplifies your losses at the same time.

    Trading Platform

    Clients of CARLTON can enjoy the industry recognized MetaTrader 5 platform with robust functions and friendly user interface.

    You can access the platform on both mobile and Windows devices.

    Trading PlatformSupported Available Devices Suitable for
    MT5✔Mobile/WindowsExperienced traders
    MT4❌/Beginners
    MT5

    Deposit and Withdrawal

    The broker claims to accept all payment methods, including MasterCard, Razorpay, Skrill, Neteller, Ethereum, Tether, Tron, and Wire Transfer.

    Payment methods

    News

    ExposureGatesFX Review: No Valid Regulation, Scam Reports Exposed

    GatesFX is an unregulated broker with no valid forex license. Read our review on its platforms, account types, and potential risks before trading.

    WikiFX
    2025-12-02 19:07
    GatesFX Review: No Valid Regulation, Scam Reports Exposed

    ExposureCarlton Exposed: Complaints of Missing Withdrawals

    Carlton exposed reveals unregulated status, blocked withdrawals, support delays, and why traders worldwide are warning others about this FX broker.

    WikiFX
    2025-12-02 18:16
    Carlton Exposed: Complaints of Missing Withdrawals
    About More

    User Reviews

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    User comment

    16

    Comments

    Write a review

    Zara Akhtar
    6-12months
    my account was verified and I have been trading well and good but today I just logged into my account and see that my account is showing unverified I don’t understand how this things works how can a fully verified account be unverified all of a sudden seems the don’t want to give my withdrawals
    my account was verified and I have been trading well and good but today I just logged into my account and see that my account is showing unverified I don’t understand how this things works how can a fully verified account be unverified all of a sudden seems the don’t want to give my withdrawals
    Translate to English
    2025-12-04 06:13
    Reply
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    FX2002900347
    6-12months
    I had a sell position on XAUUSD for 8.00 Lots at the price of 2682.80 I have waited for this trade like 40-45 minutes till the Asian markets opened and the price started to drop and as soon as it crossed my entry price I put a SL at 2682.69 to protect my position. Once I have closed the trade modification the position was already closed even when the candle kept dropping and it reached my desired TP at 2674.5. I have contacted their support for almost a month till I got an answer on this matter yet they claim that when the SL was placed the price came back up to 2682.69 then it dropped again, recently I had a free time to check this out on MT5 strategy tester to check specifically how the candles formed, yet the candle never retraced to my SL and the price it stayed at for a few milliseconds was around 2682.61-2682.63 then it continued dropping. I checked this time stamp with multiple brokers that I trade with yet the price never came back to my SL during that duration.
    I had a sell position on XAUUSD for 8.00 Lots at the price of 2682.80 I have waited for this trade like 40-45 minutes till the Asian markets opened and the price started to drop and as soon as it crossed my entry price I put a SL at 2682.69 to protect my position. Once I have closed the trade modification the position was already closed even when the candle kept dropping and it reached my desired TP at 2674.5. I have contacted their support for almost a month till I got an answer on this matter yet they claim that when the SL was placed the price came back up to 2682.69 then it dropped again, recently I had a free time to check this out on MT5 strategy tester to check specifically how the candles formed, yet the candle never retraced to my SL and the price it stayed at for a few milliseconds was around 2682.61-2682.63 then it continued dropping. I checked this time stamp with multiple brokers that I trade with yet the price never came back to my SL during that duration.
    Translate to English
    2025-12-03 19:54
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