About ForexClub
Overview
ForexClub, legally registered as Forex Club International LLC, is a financial services entity incorporated in Saint Vincent and the Grenadines on 26 April 2024. The company's official domain is thefcofficial.com, and its registered address is at The Financial Services Centre, P.O. Box 1823, Stoney Ground, Kingstown, VC0100, St. Vincent & the Grenadines.
According to our records, the firm holds a single licence from the National Bank of the Republic of Belarus (NBRB) for Forex Trading License (EP), with licence number 192580558. However, the status of this licence is not indicated in our records, and the company reports zero employees. The entity is also flagged in industry watchdog records as a 'Fake Broker' and as a clone or impersonator firm.
Regulation and Licensing
Forex Club International LLC is registered in Saint Vincent and the Grenadines, a jurisdiction known for light regulatory oversight. The only regulator on file is the National Bank of the Republic of Belarus (NBRB), under which the firm holds a Forex Trading License (EP) with licence number 192580558. The status of this licence is not published in our records.
It is important to note that the NBRB licence is not a typical retail forex authorisation for a Saint Vincent entity, and the lack of a clear status raises questions about its current validity. We cross-checked the licence details against the public register, but the information available to us does not confirm active authorisation.
Risk Flags
FXCanary's Scam Risk Score for this entity is 85 out of 100, indicating a severe risk level. The firm is listed as a 'Fake Broker' in industry watchdog records and has been identified as a clone or impersonator firm. These flags suggest that the entity may be misrepresenting its identity or affiliations.
Additionally, the company is registered in an offshore jurisdiction with light oversight, and our records show no verifiable website or social-media presence. The combination of these factors makes it difficult for traders to independently verify the legitimacy of the firm.
Trading Platform and Instruments
Based on the limited public information available, we cannot confirm the specific trading platforms or instruments offered by Forex Club International LLC. The official domain thefcofficial.com appears to be associated with a different entity in web search results, which further complicates verification.
Given the low web confidence, we advise traders to treat any claims about trading platforms, spreads, or leverage with caution. Without verifiable information, it is not possible to provide a reliable description of the firm's product offering.
Account Types and Funding
No reliable information is available regarding account types, minimum deposits, or funding methods for Forex Club International LLC. The web results that mention such details refer to a different entity with a similar name and should not be considered applicable.
Traders considering this broker should be aware that the absence of transparent information is itself a significant red flag. A legitimate broker typically provides clear details about its account offerings and funding procedures.
Conclusion
In summary, Forex Club International LLC is a newly registered entity in Saint Vincent and the Grenadines with a single NBRB licence of unclear status. The firm is flagged as a potential clone and fake broker, and our records show no verifiable online presence.
Given the severe risk score and the lack of reliable public information, we strongly advise traders to exercise extreme caution. We recommend verifying any claims made by this entity through independent regulatory sources before considering any engagement.
Overview compiled by FXCanary from regulatory records and public data. full ForexClub review