AWS FX Bank

AWS FX Bank is a retail forex and CFD broker registered in the United Kingdom since December 2022. The broker operates the website awsfxbank.com and offers several account tiers aimed at different levels of traders. However, due to the limited publicly available information, independent verification of its operations and claims is challenging.

As of early 2025, AWS FX Bank has no known regulatory licences from any major financial authority. This absence of regulation is a significant factor for traders to consider, as it means the broker is not subject to the oversight and investor protections that regulated brokers must provide.

AWS FX Bank was founded on 14 December 2022 and is registered in the United Kingdom, according to corporate records. The precise nature of its business activities and ownership structure is not widely publicised. The broker’s website domain (awsfxbank.com) is operational, but detailed company information such as management team and physical address is difficult to verify independently.

The date of establishment is relatively recent, meaning the broker has only been operating for approximately two years. For traders, this short track record adds an element of uncertainty regarding the broker’s long-term stability and reliability.

Our records indicate that AWS FX Bank currently holds no regulatory licences from any recognised financial regulator. This includes the UK Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), or any other major oversight body. The absence of regulation means that client funds are not protected by schemes such as the Financial Services Compensation Scheme (FSCS) or negative balance protection.

Traders should be aware that dealing with an unregulated broker carries inherent risks, including the potential for misconduct or insolvency without recourse. Regulation typically ensures that brokers adhere to strict standards regarding capital adequacy, client money segregation, and transparency. Without such oversight, the safety of deposited funds cannot be guaranteed.

AWS FX Bank offers four distinct account types, each with a different minimum deposit requirement. The STANDARD account requires a minimum deposit of $250, making it the most accessible tier. The PROFESSIONAL account requires $10,000, while the BUSINESS and BUSINESS PLUS accounts require $30,000 and $100,000 respectively.

Notably, the broker does not specify the maximum leverage available for these accounts in the known facts. Leverage is a critical factor for forex and CFD trading, as it amplifies both potential gains and losses. Without clear information on leverage, traders may be left in the dark regarding one of the core parameters of their trading experience.

Information about the trading instruments offered by AWS FX Bank is not available from the known facts. It is common for retail forex brokers to provide access to forex pairs, indices, commodities, and cryptocurrencies, but without official confirmation, this remains speculative. The broker has not disclosed whether it offers a proprietary trading platform, MetaTrader 4/5, or web-based trading solutions.

Traders typically rely on a broker’s platform for execution, charting, and analysis. The lack of details on platforms and instruments makes it difficult to assess the broker’s suitability for different trading styles or strategies. Until more information is provided, potential clients should proceed with caution.

FXCanary’s Scam Risk Score for AWS FX Bank is 51 out of 100, which falls into the ‘Elevated’ risk category. This score reflects the broker’s unregulated status, limited operational history, and the scarcity of verifiable information about its services. Elevated risk means that traders should carefully consider the potential downsides before committing funds.

Common red flags in the forex industry include unclear regulatory status, high minimum deposits without commensurate benefits, and opaque ownership structures. While AWS FX Bank does not necessarily exhibit all of these, the absence of regulation alone is a significant concern. We recommend that traders only engage with regulated brokers or perform extensive due diligence if considering this broker.