About FOREX.com
Overview
FOREX.com is a broker registered in the United Kingdom under the domain bizoki.cn, established on 6 March 2023. Despite its name, which is shared with a well-known global forex broker, this entity operates from a different web address and has no verifiable connection to the legitimate FOREX.com brand.
Our review was unable to locate any publicly available information about the broker’s services or ownership beyond its basic corporate registration. This lack of transparency is a significant concern for potential traders.
Regulation and Safety
The most critical finding is that FXCanary’s records show no regulatory licences for FOREX.com (bizoki.cn). The broker is not authorised by the FCA or any other major financial regulator.
The United Kingdom registration does not imply financial supervision; it is merely a company incorporation. This complete absence of regulatory oversight represents a severe risk for traders. FXCanary has assigned a Scam Risk Score of 85 out of 100, indicating a high likelihood of fraudulent or unsafe practices. We strongly advise traders to avoid depositing funds with unregulated entities.
Account Types, Platforms and Instruments
Due to the lack of an accessible official website or marketing materials, FXCanary could not determine any specific account types, trading platforms, or financial instruments offered by FOREX.com (bizoki.cn). Industry databases and aggregated web data do not provide additional details.
This information vacuum is itself a significant warning sign; legitimate brokers typically advertise their offerings transparently. Prospect traders should consider the absence of product information as a major red flag.
Funding and Withdrawals
No information could be found regarding deposit methods, minimum deposit requirements, withdrawal procedures, or any associated fees. Without clear payment policies, and given the unregulated status, traders face substantial risks of losing their funds with no recourse.
It is impossible to verify that the broker handles client money securely or in segregated accounts. This further elevates the risk profile.
Target Audience
FOREX.com (bizoki.cn) appears to capitalise on the name recognition of a legitimate broker to attract retail traders, possibly targeting inexperienced individuals who may not scrutinise domain or regulatory details.
The combination of a high-profile name, recent incorporation, and zero regulation suggests a high-risk operation designed to solicit funds from unsuspecting users. FXCanary does not recommend engagement with this entity under any circumstances.
Overview compiled by FXCanary from regulatory records and public data. full FOREX.com review