Brokers  /  Fivecircles

Fivecircles

High risk
🇻🇺 Vanuatu · 5-10 years · since 2019-10-08 · Fivecircles 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.
Visit site ↗
Independent ratingshow third parties score this broker
WikiFX1.57/10
Trustpilot/5
Forex Peace Army/5
🛡️ Been scammed or can’t withdraw from Fivecircles? Our free assistant writes up your case and shows exactly what to do next →
🇺🇸
No sign that Fivecircles actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
50
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • Registered in Vanuatu (offshore, light oversight)
  • Withdrawal complaints in ~50% of recent reviews
  • 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 & licensing6835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints1812%
Offshore registration808%
Transparency (site/info/social)10010%

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 nameFivecircles Limited.
Headquarters🇻🇺 Vanuatu
Founded2019-10-08
Years operating5-10 years
Employees0
Official websitefive-circles.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

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
VFSCForex Trading License (EP)17921Vanuatu

Review analysis AI

Across 2 recent Trustpilot reviews, 50% are 1–2 star. The single most common complaint is being unable to withdraw funds (1 reports) — the classic warning sign in forex.

0
Period:
What users complain about
What users praise
Where reviewers are from
Singapore1
Taiwan1

Real user reviews

Where Fivecircles operates

Based on its licenses and complaint records.

🇻🇺 Vanuatu Licensed
🇸🇬 Singapore 1 complaint

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

Similar brokers

About Fivecircles

Fivecircles is a forex and CFD broker based in Vanuatu, with records dating to 2019-10-08. It reports oversight from VFSC.

FXCanary’s verdict is “Elevated.” There are enough red flags that we’d urge caution before depositing.

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