About FOREX.com
Background and Registration
FOREX.com is a forex broker operating under the domain verysh.com. The entity is registered in China and was established on January 5, 2023. Despite the name, it has no connection to the well-known international broker FOREX.com (Gain Capital).
According to public records, the broker does not hold any financial regulatory licences. This lack of oversight places it in a high-risk category for traders seeking a regulated environment.
Products and Services
Based on available information, FOREX.com is presented as a retail forex broker, likely offering leveraged trading in currency pairs and possibly other CFDs. However, specific details on account types, trading platforms, and instruments are not publicly verifiable.
The broker's website (verysh.com) is not accessible or does not provide transparent information about its offerings. Potential clients should exercise extreme caution due to the absence of verifiable service details.
Geographic Focus and Target Audience
The broker appears to target traders in China and potentially other regions, given its Chinese registration. It may appeal to unsuspecting traders who confuse it with the legitimate FOREX.com brand.
Without regulatory oversight and transparent operations, the broker is not suitable for cautious retail traders. The risk profile is severe, as indicated by FXCanary's Scam Risk Score of 85/100.
Overview compiled by FXCanary from regulatory records and public data. full FOREX.com review