About Eurofxsecurities
Overview
Eurofxsecurities is a brokerage firm registered in the United Kingdom, established on 28 July 2022. The company lists its registered address at Warwick Ln, London EC4M 8AD. According to public records, Eurofxsecurities does not hold any financial regulatory licence from the UK's Financial Conduct Authority (FCA) or any other recognised regulatory body. This absence of regulatory oversight is a significant consideration for potential traders.
The broker presents itself as a multi-asset trading provider, offering forex, indices, commodities and share CFDs. It structures its client accounts into four tiers — Micro, Standard, Premium and VIP — each with different minimum deposit requirements and maximum leverage levels. Minimum deposits range from $100 for the Micro account up to $100,000 for the VIP account, while leverage varies from 1:500 (Micro) down to 1:100 (Premium and VIP).
Regulation and Licensing
Our records indicate that Eurofxsecurities has no registered regulatory licences. The company is not listed on the FCA register or any other major financial regulator's database. This lack of licensing means that the broker is not subject to the client money protection rules, compensation schemes, or conduct standards that regulated brokers must follow.
For traders, operating with an unregulated broker carries inherent risks, including limited recourse in the event of disputes or financial loss. FXCanary strongly advises extra due diligence when considering any broker that operates without regulatory authorisation.
Account Types and Trading Conditions
Eurofxsecurities offers four account types. The Micro account requires a minimum deposit of $100 and provides leverage up to 1:500. The Standard account requires $500 and also offers up to 1:300 leverage. The Premium account requires $25,000 with leverage capped at 1:100. The VIP account is the highest tier, requiring a $100,000 minimum deposit and offering leverage up to 1:100.
These account structures appear designed to accommodate traders with varying capital levels. However, the high leverage available on lower-tier accounts — up to 1:500 — may amplify both potential gains and risks. Without regulatory oversight, there is no guarantee that the advertised leverage or other trading conditions are consistently applied.
Instruments and Platforms
The broker states that it provides trading in forex, indices, commodities and share CFDs. This is a typical product range for retail CFD brokers. No information is publicly available regarding the trading platforms offered, such as MetaTrader 4/5 or proprietary software. Similarly, details on deposit and withdrawal methods, execution models, and customer support are not available in independent sources.
Potential clients may need to rely solely on information provided by the broker's website, which could not be independently verified due to the lack of public data.
Company Background
Eurofxsecurities was incorporated in the UK in July 2022. The company's registered address is in central London, near St. Paul's Cathedral. While UK incorporation is a positive sign of legal existence, it does not equate to regulatory authorisation for financial services. Many unregulated brokers use UK company registration to appear credible, but the absence of FCA permission means the firm is not authorised to conduct regulated investment business.
Traders should verify a broker's regulatory status directly with the relevant authority before depositing funds.
Risk and Suitability
Given the severe risk score of 85/100 assigned by FXCanary, Eurofxsecurities is considered a high-risk broker. The combination of no regulatory licence, limited public information, and high leverage offerings raises significant red flags. This broker may not be suitable for risk-averse traders or those seeking protections such as negative balance protection or compensation schemes.
Experienced traders who understand and accept the risks of unregulated trading might still approach with extreme caution, but for most retail clients, the lack of oversight is a critical drawback.
Conclusion
Eurofxsecurities presents itself as a retail FX and CFD broker with a range of account options and leverage. However, the absence of regulatory licensing and the resulting lack of transparency make it a speculative choice. FXCanary advises thorough independent research and consideration of regulated alternatives before engaging with this broker.
The information provided is based solely on official records and aggregated industry data, as independent user reviews are not available.
Overview compiled by FXCanary from regulatory records and public data. full Eurofxsecurities review