FOREX.com

FOREX.com, registered under the domain hazhuang.cn, purports to be a forex brokerage based in the United Kingdom. According to its registration records, the entity was established on 14 April 2023 at 55 Baker Street, London, W1U 8EW. However, independent public information is limited, and the entity does not appear on the UK Financial Conduct Authority's (FCA) register.

FXCanary's assessment notes that the domain hazhuang.cn is not associated with the well-known FOREX.com brand owned by GAIN Capital, which operates under regulated entities. This raises concerns about the legitimacy of the entity operating under this name. Traders should exercise extreme caution when considering any engagement with this broker.

Our records show that FOREX.com (hazhuang.cn) has no known regulatory licences from any financial authority. The registered address in London does not guarantee FCA oversight, and a check of the FCA register yields no matching firm. The absence of regulation is a significant red flag for potential investors.

Without regulatory supervision, clients have no access to dispute resolution schemes or compensation funds. The FXCanary Scam Risk Score of 85/100 (Severe) reflects the high risk associated with this unregulated entity. We strongly advise against depositing funds until full regulatory verification is possible.

FOREX.com was incorporated on 14 April 2023, making it a relatively new entity. Its registered office is at 55 Baker Street, a location often used by numerous companies, which may indicate a virtual office arrangement. The use of a generic high-street address does not confirm a physical trading floor or operational presence.

The firm's official domain, hazhuang.cn, is a Chinese-language domain, which contrasts with its claimed UK base. This discrepancy suggests the broker may be targeting international clients without proper regulatory standing. The lack of transparent ownership or management details further obscures its background.

Based on available information, it is unclear what specific products or services FOREX.com offers. The name implies forex and CFD trading, but no official website content has been verified. Potential offerings may include leveraged forex pairs, indices, commodities, and cryptocurrencies, but this remains speculative.

In the absence of verifiable data, we cannot confirm account types, trading platforms, or spreads. Traders should assume that any product claims are unsubstantiated. The lack of transparency alone is sufficient reason for caution.

Given the unregulated status and limited public information, FOREX.com (hazhuang.cn) appears to target retail traders who may be less experienced or unaware of regulatory safeguards. The use of a well-known brand name cloned from a reputable broker suggests an attempt to attract unsuspecting clients.

This broker is not suitable for risk-averse investors or those requiring regulatory protection. It may appeal to speculative traders willing to engage with unregulated entities, but FXCanary does not recommend such an approach.