Score

1.21 /10
Danger

LOXLEY FX

United Kingdom

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Exposure

Time Machine
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Score

Regulatory Index0.00

Business Index4.67

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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

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Broker Information

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Company Name

LOXLEY FX CAPITAL LIMITED

Company Abbreviation

LOXLEY FX

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-11-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

LOXLEY FX · Company summary
Aspect Information
Company Name LOXLEY FX
Registered Country/Area United Kingdom
Founded Year 2023
Regulation Unregulated
Products&Services N/A
Spreads N/A
Trading Platforms N/A
Customer Support Email:info@loxleyfx.email

Overview of LOXLEY FX

LOXLEY FX, established in 2023 and registered in the United Kingdom, is an unregulated entity with no specified details regarding its products and services, spreads, or trading platforms.

For customer support, LOXLEY FX provides assistance via email at info@loxleyfx.email, offering a direct channel for communication with its clientele.

Regrettably, the official website of LOXLEY FX, namely https://www.loxleyfx.com/, is currently experiencing functionality issues.

Overview of LOXLEY FX

Is LOXLEY FX Legit?

LOXLEY FX does not hold any regulatory status from financial regulatory authorities, which typically oversee and ensure the compliance, integrity, and reliability of financial services firms.

The absence of regulatory oversight means that the operations of LOXLEY FX are not subject to the stringent rules and protections that are enforced on regulated entities.

Pros and Cons

Pros Cons
N/A LOXLEY FX
Uncertainty of Products and Services
No Information on Spreads
Lack of Trading Platform Details
Limited Customer Support Options

Cons:

1.Lack of Regulatory Oversight: Being unregulated, LOXLEY FX does not offer security and protections that are typically enforced by financial regulatory authorities. This could expose clients to higher risks, including lack of recourse in the event of disputes or financial misconduct.

2. Uncertainty of Products and Services: With no specific details provided about the products and services they offer, potential clients have limited information to base their decision on, making it challenging to assess the suitability of the company for their investment needs.

3. No Information on Spreads: The absence of information on spreads means that potential clients cannot evaluate the cost-effectiveness of trading with LOXLEY FX, which is a critical factor in trading and investment decisions.

4. Lack of Trading Platform Details: Without information on the trading platforms offered, clients are in the dark about the features, usability, and reliability of the platform they would be using, which is vital for effective trading.

  1. 5. Limited Customer Support Options: Providing customer support solely via email might not be sufficient for timely assistance or in-depth support needs, which can be crucial in fast-paced trading environments or when urgent issues arise.

Customer Support

LOXLEY FX offers customer support through email, with clients being directed to contact info@loxleyfx.email for any inquiries or assistance they may need.

Conclusion

LOXLEY FX is an unreguated UK-registered company established in 2023.The company provides customer support via email, but the lack of multiple support channels might affect the efficiency and breadth of assistance available to clients.

FAQs

Q: Is LOXLEY FX regulated by any financial authority?

A: No, LOXLEY FX is not regulated by any financial authority, meaning it does not adhere to the standards and protections that regulatory bodies typically enforce.

Q: How can I get in touch with LOXLEY FX for support?

A: You can contact LOXLEY FX's customer support team via email at info@loxleyfx.email for any questions or support related to their services.

News

NewsList of Unregulated Forex Brokers

UK’s regulator, the Financial Conduct Authority (FCA) issued an alert list on 05 April 2024 against those brokers which are not FCA-licensed. As per FCA alert list, There are 10 unauthorised brokers. Here are the names and details of the brokers.

WikiFX
2024-04-08 14:05
List of Unregulated Forex Brokers

User Reviews

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User comment

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Comments

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Juan Chang
more than one year
Honestly, LOXLEY FX is just one option out there. There's no harm in checking them out, but keep your options open and see what other brokers have to offer before settling.
Honestly, LOXLEY FX is just one option out there. There's no harm in checking them out, but keep your options open and see what other brokers have to offer before settling.
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2024-07-11 10:23
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Juan Miguel Santos
more than one year
The withdrawal process is straightforward and quick. It's easy to access my funds without any unnecessary delays. However, execution speed is not good enough. Sometimes my orders take too long to fill, quite frustrating.
The withdrawal process is straightforward and quick. It's easy to access my funds without any unnecessary delays. However, execution speed is not good enough. Sometimes my orders take too long to fill, quite frustrating.
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2024-05-22 12:08
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