Brokers  /  FOREX.com

FOREX.com

Severe riskForex / CFD broker
🇨🇳 China · 2-5 years · since 2023-06-19 · 嘉盛集团
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.42/10
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 registration458%
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 name嘉盛集团
Headquarters🇨🇳 China
Founded2023-06-19
Years operating2-5 years
Employees0
Official websiteehwx.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 (ehwx.cn) exhibits multiple scam indicators: no regulatory licensing, a recent registration date, and a name designed to confuse traders. With a severe risk score of 85/100, the broker poses a significant threat to client funds. Without any verifiable operational data, it is highly likely to be a fraudulent operation.

Not for
  • Traders seeking a regulated broker
  • Investors requiring transparent fees and conditions
  • Anyone considering depositing funds with an unverified entity
Period:

Real user reviews

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About FOREX.com

Overview

FOREX.com (domain: ehwx.cn) presents itself as a forex trading platform, but publicly available information about its operations is extremely limited. According to official records, the entity was registered in China on June 19, 2023. No further details about its services, ownership, or business model are confirmed through reliable sources.

Given the scarcity of verifiable data, traders should approach this broker with extreme caution. The lack of transparency surrounding its activities raises immediate concerns about its legitimacy and operational standards.

Regulation and Licensing

FXCanary's records indicate that FOREX.com (ehwx.cn) holds no known regulatory licences from any financial authority. The entity's regulatory status is listed as 'NONE', meaning it operates without oversight from any recognised regulator such as the FCA, CySEC, or ASIC.

This absence of regulation is a major red flag. Unregulated forex brokers carry inherent risks, including the potential for unethical practices, lack of client fund protection, and no recourse for dispute resolution. Traders are strongly advised to verify any broker's regulatory standing before committing funds.

Company Background

FOREX.com (ehwx.cn) was founded on June 19, 2023, in China. The choice of domain and name may be an attempt to mimic the well-known global broker FOREX.com (a brand of GAIN Capital), but there is no evidence linking this entity to any established financial group.

Its recent establishment and lack of public track record further amplify risks. New, unregulated brokers in jurisdictions with limited financial oversight often target unsuspecting traders, making due diligence essential.

Trading Instruments and Platforms

No information is available from the official website or other sources regarding the trading instruments offered by FOREX.com (ehwx.cn). It is unclear whether the broker provides forex, CFDs, commodities, indices, or cryptocurrencies.

Similarly, details about trading platforms (e.g., MetaTrader 4/5, proprietary software) are absent. Until such information is disclosed and independently verified, traders cannot assess the functionality or reliability of the trading environment.

Account Types and Fees

FOREX.com (ehwx.cn) has not publicly disclosed any account types, minimum deposit requirements, spreads, commissions, or other fees. Without this data, potential clients cannot compare costs or choose a suitable account structure.

Transparent fee disclosure is a standard expectation for legitimate brokers. The lack of such information suggests either a deliberate omission or an incomplete service offering, both of which are concerning.

Deposits and Withdrawals

Payment methods, withdrawal policies, and processing times for FOREX.com (ehwx.cn) are not publicly documented. Unclear or restrictive withdrawal procedures are a common complaint against unregulated brokers.

Traders should be wary of any platform that does not clearly explain how to deposit and withdraw funds. The risk of delayed or non-payment is heightened when such details are hidden.

Conclusion

FOREX.com (ehwx.cn) scores 85 out of 100 on FXCanary's Scam Risk Scale, indicating a severe risk level. The combination of no regulatory oversight, recent registration in China, and a name that evokes a reputable broker creates a high probability of fraudulent intent.

Traders are strongly urged to avoid this broker until verifiable, transparent information about its licensing, ownership, and operations is provided. When in doubt, it is safer to choose a regulated broker with a proven track record.

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