About Citifxmarkets
Overview
Citifxmarkets is a forex and CFD brokerage firm registered in the United Kingdom, founded on 25 April 2019. The company operates through the domain citifxmarkets.com and claims to be authorised by the Financial Conduct Authority (FCA) under a Market Making (MM) licence. However, the exact status of that licence (e.g., active, suspended, or pending) is not clearly indicated in public records, and independent user reviews are currently absent.
As an entity with a relatively short operating history, Citifxmarkets targets retail traders seeking access to leveraged forex and CFD products. The broker's risk score, as assessed by external industry databases, stands at 41 out of 100, categorised as 'Guarded' — suggesting a moderate level of concern regarding transparency or regulatory certainty.
Regulation and Licensing
Citifxmarkets holds an FCA licence (reference number not publicly detailed) for Market Making activities in the United Kingdom. The FCA is a respected regulator, but the status of this licence has not been independently confirmed as active or fully authorised. Traders are advised to verify the licence directly via the FCA's online register.
The lack of publicly verifiable licence status, combined with the absence of independent reviews, means the regulatory picture for Citifxmarkets is incomplete. This regulatory ambiguity contributes to the broker's guarded risk score and warrants caution for potential clients.
Account Types and Trading Platforms
Publicly available information about Citifxmarkets' account offerings is limited. The broker's official website may provide details on account tiers — such as standard, premium, or Islamic accounts — along with minimum deposit requirements and leverage options. However, without verified access to the site or user feedback, we cannot confirm the specifics.
Similarly, the trading platforms supported by Citifxmarkets are not disclosed in the known facts. Common platforms in the industry include MetaTrader 4 (MT4) and MetaTrader 5 (MT5), but this remains unconfirmed for this broker.
Instruments and Markets
As a forex and CFD broker, Citifxmarkets likely offers a range of tradable instruments including currency pairs, indices, commodities, and possibly shares or cryptocurrencies. The exact product list, spreads, and execution conditions are not available from our records.
Traders should note that CFD products carry high leverage and can result in losses exceeding deposits. Without transparent disclosure of trading conditions, it is difficult to assess the suitability of this broker's offerings.
Deposits, Withdrawals, and Customer Support
Details regarding payment methods accepted by Citifxmarkets are not specified in the known facts. Common options in the industry include bank transfers, credit/debit cards, and e-wallets like Skrill or Neteller. Withdrawal processing times and fees are similarly unknown.
Customer support channels (email, phone, live chat) and operating hours are also not documented. The absence of independent reviews means no user experiences with support responsiveness or payout reliability are available to benchmark.
Target Audience and Suitability
Citifxmarkets appears to target retail traders, particularly those in the United Kingdom, given its FCA registration. The guarded risk score suggests the broker may not be suitable for beginners or risk-averse traders who prioritise regulatory transparency and proven track records.
Experienced traders willing to conduct additional due diligence may explore the platform, but the lack of independent feedback and unclear licence status make it a high-risk choice. We recommend verifying all regulatory information directly with the FCA before committing funds.
Overview compiled by FXCanary from regulatory records and public data. full Citifxmarkets review