FOREX.com

FOREX.com is a broker registered in China under the domain juzizhui.cn, established on December 29, 2022. Despite its name, which echoes a well-known global brokerage, this entity operates entirely independently and appears to have no connection to the regulated international FOREX.com group.

The broker’s registration in China, a jurisdiction where forex trading for retail investors is tightly restricted, raises immediate questions about its legal standing. Our records show no recognised financial regulator anywhere in the world that oversees this entity, and aggregated industry data does not provide any additional verification of its operations or ownership.

As of the date of this review, FOREX.com (juzizhui.cn) holds no licences from any major financial authority. The absence of regulation is a significant red flag for traders, as it means there is no independent oversight of the broker’s practices, client fund segregation, or dispute resolution mechanisms.

Without a credible regulator, traders have no recourse if the broker fails to honour withdrawals or engages in unethical conduct. This lack of oversight is the primary driver behind FXCanary’s elevated Scam Risk Score of 85/100, which we classify as Severe.

The company was founded on December 29, 2022, in China, making it a relatively new entrant. Its official domain, juzizhui.cn, is a Chinese-language website, but we were unable to access or verify its content independently. The limited public information available does not reveal the company’s leadership, physical address, or operational history.

This opacity is consistent with many high-risk brokers that operate anonymously. Traders should be extremely cautious when dealing with an entity that provides so little transparency about its ownership and governance.

Given the lack of verifiable data, we cannot confirm the specific products or services offered by FOREX.com. The broker’s name suggests it may offer forex and CFD trading, but without an accessible website or client testimonials, any such claims remain unsubstantiated.

Aggregated industry databases provide no additional detail on account types, platforms, instruments, or funding methods. This information vacuum is itself a warning: legitimate brokers typically provide clear and accessible disclosures about their offerings.

Based solely on its registration in China and lack of regulation, FOREX.com appears to target retail traders who may be seeking offshore forex services. However, the absence of any regulatory framework makes it highly unsuitable for risk-conscious investors.

Traders who value transparency, regulatory protection, and reliable customer support will find no such assurances here. The broker’s profile aligns more closely with an unregulated or potentially fraudulent operation than a credible trading venue.

The combination of a high-risk domain, recent registration in a restricted jurisdiction, and zero regulatory oversight creates multiple red flags. The scam risk score of 85/100 reflects these concerns.

Additionally, the entity’s use of the name “FOREX.com” may be an attempt to confuse the public into believing it is affiliated with the established global broker. Traders are strongly advised to avoid depositing funds with any broker that cannot demonstrate its regulatory status and legal standing.