FOREX.com

FOREX.com, legally StoneX Financial Ltd, is a company registered in the United Kingdom, with an official domain of jiashengwaihui.com. According to our records, the company was founded on 5 January 2023. The name and domain suggest an intended focus on forex trading, but independent public information about its operations is extremely limited.

Our records indicate that the company holds one licence from the Financial Conduct Authority (FCA) in the United Kingdom, under the Market Making (MM) category. The licence number on file is 446717. However, the status of this licence is not specified in our records, and the company reports zero employees.

The FCA is a reputable regulator, and holding a licence from it would normally be a positive signal. However, our records also flag this entity with a severe risk score of 85/100, and list it as a 'Fake Broker' in industry watchdog records. It is also identified as a clone or impersonator firm, and has no verifiable website or social-media presence.

This combination of a legitimate-looking FCA licence number and severe risk flags is unusual. It suggests that the licence may not be genuinely held by this entity, or that the entity is misrepresenting its regulatory status. Traders should exercise extreme caution and independently verify any claims of regulation with the FCA directly.

Due to the lack of verifiable information, we cannot confirm what products or services this broker offers. The domain name suggests a forex trading platform, but without access to a functioning website or reliable third-party information, we cannot detail account types, trading platforms, instruments, or funding methods.

Given the severe risk flags, it is likely that this entity is not offering legitimate trading services. Potential clients should be wary of any unsolicited offers or pressure to deposit funds, as these are common tactics used by fraudulent brokers.

Without clear information, the intended audience is unclear. If this is indeed a clone of the well-known FOREX.com brand, it may be targeting retail forex traders who are familiar with the legitimate brand and may be deceived by the similar name.

Retail traders, especially those new to forex, are often targeted by impersonation scams. It is crucial to verify the official website and regulatory status of any broker before engaging, and to be alert to any discrepancies in domain names or contact details.

In FXCanary's assessment, the risk profile for this entity is severe. The combination of a 'Fake Broker' flag, identification as a clone/impersonator, and lack of verifiable online presence are strong indicators of fraudulent activity.

We strongly advise traders to avoid this entity and to only deal with brokers that have a clear, verifiable regulatory status and a transparent online presence. If you have been approached by this broker, we recommend reporting it to the relevant authorities.