Cloud CapitalFX

Cloud CapitalFX is a retail forex and CFD brokerage that was established on April 4, 2022, and is registered in the United States. The company operates primarily through its website cloudcapitalfx.com, targeting traders who are looking for leveraged trading opportunities. Despite its US registration, the broker does not hold any known regulatory licenses, which is a significant consideration for potential clients.

As of our latest records, Cloud CapitalFX is not regulated by any financial authority. The absence of oversight from bodies such as the Commodity Futures Trading Commission (CFTC) or the National Futures Association (NFA) means that traders do not benefit from the usual investor protections, including segregation of client funds and access to dispute resolution schemes. This lack of regulation is a critical factor for risk assessment.

The brokerage offers three account tiers: Starter, Classic, and PRO, with minimum deposit requirements of $300, $3,500, and $8,500 respectively. While the higher-tier accounts suggest a focus on more capitalized traders, no information is available on the specific features or benefits that differentiate these accounts, such as spreads, commissions, or additional services. The broker does not disclose maximum leverage limits for any account type.

Currently, Cloud CapitalFX does not provide a list of tradable instruments on its website or in our records. It is unclear whether the broker offers forex pairs, commodities, indices, or cryptocurrencies. Likewise, no details about the trading platforms—such as MetaTrader 4 or 5, cTrader, or proprietary software—are available. This lack of transparency makes it difficult for traders to evaluate the broker's offering.

Given the high minimum deposit requirements, particularly for the Classic and PRO accounts, Cloud CapitalFX appears to target experienced traders with substantial capital. The Starter account may appeal to retail traders with a smaller budget, but the unregulated status and absence of key details present considerable risks. The broker is likely less suitable for beginners or risk-averse individuals.

The FXCanary Scam Risk Score for Cloud CapitalFX is 48 out of 100, categorized as 'Guarded'. This score reflects the risks associated with an unregulated broker that provides limited public information. Traders should exercise caution and conduct thorough due diligence before committing funds. The combination of high deposits and no regulatory oversight amplifies the potential for financial loss.