About CloudFx Options
Overview
CloudFx Options is a retail forex and CFD brokerage based in the United Kingdom, registered at 56, Theobolds Road, Holborn, London, WC1X 8SF. The company was founded on 18 February 2022, making it a relatively new entrant in the online trading space.
Despite its UK registration, CloudFx Options is not regulated by the Financial Conduct Authority (FCA) or any other recognised financial regulator. This lack of regulatory oversight is a significant factor for traders to consider, as it means the broker is not required to adhere to strict standards regarding client fund segregation, leverage limits, or transparency.
Account Types
CloudFx Options offers three account tiers tailored to different capital levels. The Classic account requires a minimum deposit of $1,000 and offers a maximum leverage of 1:500. The Pro account has a minimum deposit of $10,000, also with 1:500 leverage. The Platinum account is the highest tier, demanding a minimum deposit of $20,000 and providing the same maximum leverage of 1:500.
All accounts offer the same maximum leverage, which is extremely high and carries substantial risk. The high minimum deposits for the Pro and Platinum accounts suggest the broker is targeting experienced or professional traders with significant capital.
Regulatory Status and Risk
Our cross-check with official regulatory databases confirms that CloudFx Options holds no active licences from any financial regulator. The company is registered at Companies House in the UK, but this is a corporate registration only and does not grant authorisation to provide financial services.
Trading with an unregulated broker carries inherent risks, including the absence of deposit protection, lack of dispute resolution mechanisms, and no guarantee of fair trading practices. FXCanary advises extreme caution when considering any unregulated entity.
Product Offering
The specific instruments offered by CloudFx Options are not listed in the available records. Given its classification as a retail FX/CFD broker, it likely provides forex pairs, indices, commodities, and possibly cryptocurrencies on a contract-for-difference basis. However, without clear disclosure on the website, traders should seek full details before depositing funds.
The broker's domain, cloudfxoptions.com, is the primary source of information, but as our web confidence is low, independent verification of its claims is not possible. This lack of publicly verifiable information is itself a concerning sign.
Overview compiled by FXCanary from regulatory records and public data. full CloudFx Options review