About FOREX.com
Company Overview
FOREX.com, operating under the domain sulawexi.cn, is a financial services entity registered in China. According to our records, the entity was established on February 1, 2023. The name 'FOREX.com' is notably similar to a well-known global broker, which may indicate an attempt to mimic an established brand.
As of our review, no independent public information is available beyond the basic records. The official website (sulawexi.cn) was not accessible or did not provide sufficient detail to verify the broker's claims. This lack of verifiable information is a significant caution for potential clients.
Regulatory Status
Our research indicates that FOREX.com (sulawexi.cn) holds no regulatory licences from any recognised financial authority. The absence of regulation is a critical red flag, as regulated brokers must adhere to strict standards regarding client fund segregation, reporting, and dispute resolution.
Traders are strongly advised to avoid unregulated entities, as they offer no legal recourse in cases of fraud or malpractice. The broker's registration in China does not imply oversight by the China Securities Regulatory Commission (CSRC) or any other official body.
Risk Assessment
FXCanary's Scam Risk Score for FOREX.com is 85 out of 100, indicating a severe risk level. This score reflects the combination of zero regulatory oversight, a recent establishment date, and the suspicious similarity to a legitimate broker's name.
Without access to transparent information on operations, client accounts, or security measures, we cannot recommend this entity for any form of trading. The absence of independent reviews further compounds the risk, as there is no community feedback to gauge reliability.
Known Facts Summary
The only confirmed details about FOREX.com are its name, website (sulawexi.cn), registration in China, and founding date. No additional information about trading platforms, instruments, account types, or funding methods is available from public records.
This extreme lack of transparency is typical of high-risk schemes. Traders should exercise extreme caution and consider only regulated brokers with a verifiable track record.
Overview compiled by FXCanary from regulatory records and public data. full FOREX.com review