Brokers  /  FOREX.com

FOREX.com

Severe risk
🇬🇧 United Kingdom · 2-5 years · since 2023-03-09 · FOREX.com
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.43/10
Trustpilot/5
Forex Peace Army/5
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No sign that FOREX.com actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
85
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Listed as “Fake Broker” in industry watchdog records
  • Identified as a clone / impersonator firm
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing9735%
Company age4515%
Clone / impersonation10012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)10010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameFOREX.com
Headquarters🇬🇧 United Kingdom
Founded2023-03-09
Years operating2-5 years
Employees0
Official websiteasteptech.cn
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

FOREX.com (asteptech.cn) is a newly registered UK entity with no regulatory oversight. The high FXCanary Scam Risk Score of 85/100 indicates severe risk, and the lack of public information or verified trading platforms raises significant red flags. Traders should exercise extreme caution and avoid this broker until it proves its legitimacy through regulation and transparency.

Not for
  • Traders seeking a regulated broker
  • Risk-averse investors
  • Anyone considering depositing significant funds
Period:

Real user reviews

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About FOREX.com

Overview

FOREX.com is a broker registered under the official domain asteptech.cn. According to public records, the entity was established on March 9, 2023, and is based in the United Kingdom. While its name suggests a focus on forex trading, there is very little publicly available information about its actual operations, platforms, or services.

Our research team has been unable to verify that this broker offers any specific financial products. The limited data available from regulatory records indicates that the company is not licensed by any recognized financial authority. This absence of regulation is a significant concern for any potential trader.

Regulation & Licensing

The most critical finding in our review is that FOREX.com (asteptech.cn) holds no regulatory licenses from any known financial oversight body. Our internal records show that no regulators are on file for this entity. This means that traders would have no protection from investor compensation schemes or dispute resolution mechanisms that regulated brokers typically provide.

Without regulation, the broker is not required to adhere to standards such as client fund segregation, regular financial audits, or transparent business practices. This creates a high-risk environment for anyone considering depositing funds with this company.

Company Background

The entity registered under the name FOREX.com was incorporated in the United Kingdom on March 9, 2023. However, the official domain asteptech.cn does not correspond to the well-known global broker FOREX.com (which uses forex.com). This discrepancy suggests that this may be a different entity using a similar name, which can be a red flag for potential confusion or impersonation.

Our investigation found no evidence of the company operating a substantial trading platform, nor are there any public reviews or testimonials from users. The lack of any independent information makes it impossible to assess the broker's track record or customer service quality.

Trading Platforms & Instruments

As of this writing, we have no confirmed information about the trading platforms or financial instruments offered by FOREX.com. The official website (asteptech.cn) may not be accessible or may redirect to an unrelated page. Without being able to verify the claimed offerings, we cannot confirm whether the broker provides forex trading, CFDs, or any other asset classes.

Traders are advised to be extremely cautious if they come across any platform that claims to be FOREX.com but uses the domain asteptech.cn. The lack of transparency around trading conditions is a significant risk factor.

Account Types & Funding

No information is available regarding account types, minimum deposits, spreads, leverage, or funding methods for FOREX.com. The broker does not appear to have published any such details publicly. This opacity makes it impossible to evaluate whether the broker offers competitive or fair trading conditions.

In our editorial view, the complete absence of disclosed account information is a major warning sign. Reputable brokers provide clear details about their account tiers and fees to help traders make informed decisions.

Target Market

Given the lack of regulation and transparency, it is unclear what target market FOREX.com aims to serve. The broker's name suggests retail forex traders, but without verifiable information, any such assumption is speculative.

Our assessment is that this broker is unsuitable for any trader, particularly those who require regulatory protection, transparent operations, or a proven track record. The high risk associated with unregulated entities makes it advisable to avoid this broker entirely.

Conclusion

In summary, FOREX.com (asteptech.cn) is an unregulated UK-registered company with very limited public information. The name similarity to a well-known global broker adds to the confusion. Our research indicates that this entity poses severe risks due to its lack of licensing and transparency.

Traders should consider only brokers that are regulated by recognized authorities and that offer clear, verified information about their operations. Until more details emerge, we cannot recommend FOREX.com as a trading partner.

Overview compiled by FXCanary from regulatory records and public data. full FOREX.com review