Is FX Corp Reliable?

FX Corp is an online forex broker offering various industry market instruments. In this article, we make a comprehensive review of this broker in order to help you understand Corp FX better.

About FX Corp

FX Corp is a financial service provider offering a range of forex solutions to individuals and businesses. With its headquarters in Sydney, Australia, the company operates to align with businesses goals and requirements.

Is it Legit？

FX Corp is regulated by ASIC, therefore, we can say that FX Corp is a regulated broker.

Account Types & Minimum Deposit

When it comes to account types and minimum deposits, we dont find specific details related to these issues yet.

Exposure

One trader from Germany told WikiFX that he got scammed by FX Corp. That is a red flag that you need to consider before making a decision.

On-Site Inspection

WikiFX has made a field survey on this broker and the inspection team asked the reception of REGUS and learned that FX Corp did have an office there but did not renew. Therefore there was not any logo of FX Corp.

The inspection team confirmed the authenticity of FX Corp in Australia after the site visit. It holds an MM (No. 459050) license issued by ASIC. Investors should think twice about the above information and keep cautious when choosing a broker.

Conclusion

FX Corp Pty Ltd offers international payment services and foreign exchange solutions to businesses and individuals. As a regulated entity, it operates under the oversight of the Australia Securities & Investment Commission (ASIC), providing a level of legitimacy. However, it is important to note the risk alert associated with this broker, indicating potential risks and a lack of functional trading software. While FX Corp offers competitive exchange rates, low transaction fees, and convenient international money transfer services, traders should exercise caution, conduct thorough research, and consider alternative options before engaging with this broker.