FOREX.com

FOREX.com, operating under the domain hnsskl.cn, is registered in the United Kingdom with an address at Devon House, 58 St Katharine’s Way, London, E1W 1JP. The entity was established on 14 April 2023. Despite its name bearing resemblance to the well-known global broker FOREX.com (owned by GAIN Capital), the use of a .cn domain rather than the official .com or .co.uk raises immediate concerns about its authenticity.

Our records indicate that FOREX.com presents itself as a retail forex and CFD broker, offering leveraged trading products to individual traders. However, the lack of independently verifiable information from the broker’s own website or other public sources means that we cannot confirm the specifics of its trading services, account types, or platforms. Traders should approach this entity with extreme caution due to the high level of information asymmetry.

Based on regulatory records, FOREX.com claims to be licensed by two major regulators: the Financial Conduct Authority (FCA) in the United Kingdom and the Cayman Islands Monetary Authority (CIMA). The FCA license is listed under a Market Making (MM) status, while the CIMA license is a Derivatives Trading License (EP). Notably, the status of both licenses is indicated as ‘status —‘, which suggests that the specifics of their regulatory standing are either incomplete or unverified.

A legitimate FCA-authorised firm would typically show a clear status such as ‘Authorised’ or ‘Eligible’. The absence of a defined status in our records is a red flag. Similarly, CIMA-regulated entities are subject to specific oversight requirements, and any ambiguity in their license status warrants further scrutiny. We strongly advise traders to independently verify these licenses through the respective regulator’s official register before considering any form of engagement.

As a retail forex and CFD broker, FOREX.com would typically offer leveraged trading on currency pairs, indices, commodities, and possibly cryptocurrencies. However, without access to the broker’s official website or client portal, we cannot attest to the specific account types, minimum deposit requirements, spreads, leverage options, or trading platforms available.

Given the high scam risk score assigned by FXCanary, it is plausible that the broker may offer unrealistic trading conditions or bonus promotions to lure unsuspecting clients. Traders should be wary of any unsolicited offers or promises of guaranteed returns, which are hallmarks of fraudulent operations. Until concrete and verifiable information is available, it is safest to assume that the broker’s services do not meet industry standards.

FXCanary’s Scam Risk Score for FOREX.com stands at 85 out of 100, categorised as ‘Severe’. This high score reflects multiple danger signals: the use of a non-standard domain (hnsskl.cn) that mimics a well-known brand, the lack of populated regulatory status fields, and the complete absence of independent user reviews or third-party validation.

The fact that the broker is registered in the UK but uses a Chinese domain name also suggests a potential attempt to conceal its true operational jurisdiction. Many scam operations use similar tactics to evade regulatory scrutiny and complicate legal recourse for victims. In such circumstances, the risk of losing deposited funds is exceedingly high.

FOREX.com presents itself as a regulated retail forex broker, but the available evidence is insufficient to confirm its legitimacy or reliability. The severe scam risk score, combined with the unverifiable licensing status and the absence of an official website under its stated domain, paints a highly concerning picture.

We strongly recommend that traders avoid depositing any funds with this entity until a thorough independent review can be conducted. The safest course of action is to engage only with well-established brokers that have a transparent regulatory track record and a measurable market presence. For now, FOREX.com (hnsskl.cn) should be treated as a high-risk, potentially fraudulent operation.