About Forex-Incomes
General Information
Forex-Incomes is a company registered in the United Kingdom, specifically at 17 Dulwich Road, London, SE24 0NG. According to official records, the entity was founded on 27 December 2021. The official website is forex-incomes.ltd.
As of our review, the company does not hold any known regulatory licences from financial authorities. This absence of regulation is a significant factor for traders to consider, as it means there is no external oversight ensuring the firm adheres to standard financial conduct rules.
Regulation and Security
Our records show no regulatory licences on file for Forex-Incomes. This means the broker operates without a licence from any recognised financial regulator, such as the UK's Financial Conduct Authority (FCA) or other major bodies.
Traders should be aware that dealing with an unregulated broker carries inherent risks, including limited recourse in case of disputes or financial loss. We advise exercising heightened caution and conducting thorough due diligence before committing funds.
Account Types
Forex-Incomes offers four account tiers, each with different minimum deposit requirements. The BASIC account requires a minimum deposit between $30 and $200. The STANDARD account has a minimum deposit range of $200 to $750. The PREMIUM account requires $750 to $10,000, while the ULTRA account starts at $250 and has no upper limit.
Notably, the account tiers do not have specified maximum leverage amounts in our data. This omission may indicate that leverage terms are customisable or not publicly available. The wide deposit ranges suggest the broker aims to cater to a range of capital sizes, from modest to high-net-worth individuals.
Products and Platforms
Our known facts do not list the financial instruments available for trading. It is unclear whether Forex-Incomes offers forex, CFDs, indices, commodities, or other asset classes.
Similarly, information about trading platforms is absent. It is not known whether the broker supports MetaTrader 4/5, cTrader, or a proprietary platform. Traders seeking specific platform features or instruments should verify directly with the broker.
Deposits and Withdrawals
Deposit methods and withdrawal processes are not detailed in our records. The minimum deposit amounts by account type provide some guidance, but specifics on payment options (bank wire, credit card, e-wallets) and processing times remain unknown.
Given the lack of regulatory oversight, the broker's handling of client funds may not be subject to standard segregation requirements. Potential clients should seek clear terms and conditions before funding an account.
Target Audience
Based on the available account tiers, Forex-Incomes appears to target traders with varying levels of capital. The BASIC account, with a low minimum of $30, may attract beginners or those wishing to test the platform with a small investment. The higher-tier accounts suggest an appeal to more serious or professional traders.
However, the absence of regulatory safeguards and limited public information make this broker a higher-risk choice. It may not be suitable for traders who prioritise security and regulatory protection.
Overview compiled by FXCanary from regulatory records and public data. full Forex-Incomes review