Executive FX

Executive FX, legally registered as ExecutiveFX LTD, is a forex and CFD broker that was incorporated on 24 February 2022. The company is registered in Saint Vincent and the Grenadines, with its registered address at Regent House Building, New Street, St. Vincent and the Grenadines. Its official website is kenmorefx.com.

According to our records, the broker operates under a CySEC licence (Market Making, licence no 138/11) in Cyprus, though the status of that licence is not specified. This combination of an offshore registration and a European licence is unusual and warrants careful consideration by potential clients.

Executive FX holds a CySEC licence (Market Making, licence no 138/11) in Cyprus, according to our records. However, the status of this licence is not published in our records, and the company's registration in Saint Vincent and the Grenadines is an offshore jurisdiction with light regulatory oversight.

We cross-checked the licence against the public register, but the information available is limited. The lack of a verifiable website or social-media presence further complicates independent verification of the broker's operations. Traders should be aware that offshore registration often implies reduced investor protection compared to fully regulated EU brokers.

Executive FX offers three account types: PRIVILEGE ECN, PROFESSIONAL ECN, and STANDARD ECN. All accounts require a minimum deposit of $100 and offer a maximum leverage of 1:100. The minimum spread is stated as 'From 3' (likely 3 pips), though the exact basis is not specified.

Commission details are not disclosed for any account type, and there is no differentiation in trading conditions between the tiers based on the available data. This lack of distinction may be a point of consideration for traders who expect higher-tier accounts to offer tighter spreads or additional benefits.

Our records do not specify the trading platforms offered by Executive FX, nor do they list the financial instruments available for trading. Similarly, deposit and withdrawal methods are not disclosed in our records.

This absence of information is notable. A broker that does not publicly detail its trading platforms, instruments, or funding methods may be difficult for traders to evaluate. We recommend that potential clients seek this information directly from the broker before committing funds.

Given the limited public information, Executive FX appears to target retail forex and CFD traders who are comfortable with offshore registration and are willing to accept a higher degree of uncertainty regarding regulatory oversight.

The account structure with a $100 minimum deposit and 1:100 leverage is typical of entry-level retail brokers. However, the lack of verifiable operational details makes it difficult to recommend this broker to traders who prioritise transparency and regulatory clarity.