Brokers  /  First Source

First Source

High risk
🇬🇧 United Kingdom · < 1 year · since 2025-08-26 · First Source Limited
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
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57
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Recently established — about 11 months old
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age9215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)7810%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameFirst Source Limited
Headquarters🇬🇧 United Kingdom
Founded2025-08-26
Years operating< 1 year
Employees0
Official websitefirstsourceinvest.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments--
Registered address
Office 1275 58 Peregrine Road, Hainault, Ilford, Essex, United Kingdom, IG6 3SZ

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 5

AccountMax leverageMin. depositMin. spreadCommissionEA
PLAN 5--$70,000 - Unlimited----
Plan 4--$50,000 - $70000----
PLAN 3--$15,000 - $49999----
PLAN 2--$5,000 - $14,999----
PLAN 1--$50 - $4999----

Review analysis AI

First Source Invest operates without any verified regulatory licences, despite claiming to be fully regulated across multiple regions. The high minimum deposits and lack of leverage details further raise concerns. Combined with an elevated FXCanary risk score of 57/100, the broker presents a significant risk, particularly due to the unverified claims and recent incorporation.

Best for
  • Passive investors seeking managed investment packages
  • Traders willing to risk large deposits for potential high returns
  • Investors interested in niche assets like cannabis
Not for
  • Traders requiring regulated brokers
  • Investors seeking transparent, low-risk environments
  • Those wanting direct control over their trading
Period:

Real user reviews

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What First Source says about itself as stated by the broker · not independently verified by FXCanary

About the Company

According to its website, First Source Invest is a leading investment and asset management company offering premium services to both individuals and corporations. It states its goal is to enhance lives by providing a safe avenue inspired by effective and innovative solutions for investing in emerging investment packages, ultimately providing financial freedom. The company claims to be trusted by more than 45,000 investors around the world.

Regulation and Awards

The broker claims to be fully regulated and licensed across Europe, the Middle East, and Asia, adhering to strict regulatory standards. It also asserts being a multi-award winner, though specific awards are not listed. Notably, this regulation claim contradicts independent records showing no regulators on file.

Investment Packages

First Source Invest markets several investment packages including Forex PAMM/MAM, which allows investors to earn without trading themselves. The broker states it trades on behalf of clients and takes a percentage of profits as commission. Additionally, it offers cryptocurrency investments, real estate, and even a Cannabis Investment Package, citing the growth of the cannabis industry.

About First Source

Who is First Source Invest?

First Source Invest, operating at firstsourceinvest.com, was founded on August 26, 2025, and is registered in the United Kingdom. The company’s registered address is Office 1275, 58 Peregrine Road, Hainault, Ilford, Essex, IG6 3SZ. It presents itself as an asset management and investment firm, offering managed investment packages rather than direct trading platforms.

The broker’s website emphasises its role in trading for clients, with slogans such as 'We Trade, You Profit.' It claims to provide access to professional asset management solutions with stable returns and high liquidity. However, independent records indicate no active regulatory licences, a critical factor for investors.

Regulatory Status

First Source Invest’s official website states it is fully regulated across Europe, the Middle East, and Asia. However, our cross-checking with regulatory registers found no matching licences. The Financial Conduct Authority (FCA) in the UK, where the company is registered, does not list First Source Invest as an authorised firm. This discrepancy between the broker’s claims and verified records is a significant red flag.

Traders should be extremely cautious when a broker asserts regulation but cannot be confirmed on public registers. Such claims may be an attempt to lure unsuspecting investors, especially those unfamiliar with how to verify licences.

Account Types and Minimum Deposits

First Source Invest offers five account tiers, labelled PLAN 1 through PLAN 5, with minimum deposits ranging from $50 to $70,000. PLAN 5 has an unlimited minimum deposit starting at $70,000, while PLAN 1 requires $50 to $4,999. PLAN 2 covers $5,000–$14,999, PLAN 3 $15,000–$49,999, and PLAN 4 $50,000–$70,000. No maximum leverage is specified for any account type.

The high minimum deposit for upper tiers suggests the broker targets high-net-worth individuals or institutional investors. The lack of leverage information is unusual for a forex-related service, implying that the investment packages may be managed accounts rather than leveraged trading.

Instruments and Services

Based on the website, First Source Invest offers a range of investment packages including Forex PAMM/MAM, cryptocurrency, real estate, and cannabis investments. The PAMM/MAM package is particularly highlighted, where the broker manages investors’ funds and trades on their behalf, taking a commission from profits. The broker claims a turnover of over $92 billion for the PAMM service in 2020.

The cannabis investment package is positioned as a play on the 'green rush,' with projections of an $80 billion US market by 2030. Real estate and crypto investments are also mentioned, but details on specific instruments, trading platforms, or execution methods are not provided.

Target Audience and Suitability

First Source Invest seems aimed at passive investors who want exposure to various markets without active trading. The different account tiers cater to different capital levels, from retail investors with $50 to large institutions. The emphasis on managed accounts and profit-sharing suggests the broker is more of an asset manager than a traditional forex broker.

This model may appeal to those who lack time or expertise to trade, but it also carries significant risk, especially given the unregulated status. Investors should understand that they are entrusting capital to a firm with no regulatory oversight, leaving them with limited recourse if issues arise.

Risk Considerations

Our FXCanary Scam Risk Score for First Source Invest is 57 out of 100, indicating an elevated risk level. This score reflects the complete absence of verified regulatory licences, the recent founding date (2025), the high minimum deposits, and the discrepancy between claimed and actual regulation. The broker’s website does not disclose audited financials or clear risk warnings.

Furthermore, the broker’s claims of being trusted by 45,000 investors cannot be independently confirmed. While the company is registered in the UK, registration does not equate to regulatory authorisation. Any investor considering First Source Invest should exercise extreme caution and perhaps seek fully regulated alternatives.

Overview compiled by FXCanary from regulatory records and public data. full First Source review