About 10xoptions
Company Overview
10xoptions is a brokerage entity registered in the United Kingdom, with a listed address at 4 Fitz-James Ave, Hammersmith, London, W14 0RP. The company was incorporated on 22 September 2023, making it a relatively new entrant in the financial services space.
Despite its UK registration, 10xoptions operates without any known regulatory oversight. Our cross-reference of public registers confirms that no financial conduct regulator, such as the Financial Conduct Authority (FCA), has granted authorisation to this firm. This absence of regulation is a material factor for any trader considering engagement.
Regulatory Status
The most critical aspect of 10xoptions is its complete lack of recognised regulatory licences. The company's official records do not list any oversight from the FCA or any other credible financial regulator.
For retail traders, the absence of regulation implies that there is no independent mechanism for dispute resolution, compensation schemes (such as the Financial Services Compensation Scheme), or adherence to conduct rules designed to protect client funds. This places 10xoptions in a high-risk category from a due diligence perspective.
Business Operations
According to the available corporate records, 10xoptions is registered as a broker. However, the official website at 10xoptions.net is currently inaccessible, which prevents FXCanary from independently verifying the broker's claims regarding trading platforms, instruments, account types, or funding methods.
This lack of accessible online presence further obscures the firm's operational status. It is unclear whether 10xoptions has ever commenced active business or has already ceased operations.
FXCanary Risk Assessment
FXCanary has assigned a Scam Risk Score of 46 out of 100 to 10xoptions, which falls into the 'Guarded' category. This score reflects the severe uncertainties surrounding the broker: no regulation, a very recent incorporation date, an inaccessible website, and minimal public information available from independent sources.
Traders should exercise extreme caution. The combination of a non-accessible platform and lack of regulatory oversight means that any funds entrusted to this entity could be at significant risk. We strongly advise conducting thorough due diligence and considering only fully regulated alternatives.
Overview compiled by FXCanary from regulatory records and public data. full 10xoptions review