FR

Finance Reserves, operating under the name FR and accessible via financereserves.com, is a forex broker registered in the United Kingdom. The company was established on 11 January 2021 and lists its registered address at 207 Bishopsgate Spitalfields, London EC2M 4QP. Despite its UK registration, Finance Reserves does not hold any regulatory licence from the Financial Conduct Authority (FCA) or any other recognised financial regulator.

This absence of regulation is a significant factor for traders to consider, as it means the broker is not subject to oversight by a governing body that enforces client fund protection, transparency, or dispute resolution. The broker's operations outside a regulated framework introduce a higher degree of counterparty risk.

Finance Reserves offers a tiered account structure with five levels: Silver, Gold, Platinum, Diamond, and VIP. Each tier requires a substantial minimum deposit, starting at €10,000 for the Silver account and escalating to €500,000 for the VIP account. The Gold account requires €25,000, Platinum €100,000, and Diamond €250,000.

These high deposit thresholds indicate that the broker targets affluent retail and institutional clients rather than casual or beginner traders. The leverage available varies by account tier, with the lowest tier (Silver) offering 1:20 leverage and the highest (VIP) offering 1:150. Higher leverage amplifies both potential gains and losses, and combined with the lack of regulation, the risk profile is elevated.

Given the significant minimum deposit requirements, Finance Reserves is clearly aimed at high-net-worth individuals and experienced traders who are comfortable with substantial capital commitments. The broker does not appear to cater to retail traders with smaller accounts, as even the entry-level Silver account requires €10,000.

There is no indication from the known facts that the broker offers any educational resources or demo accounts. The lack of such typical retail broker features further suggests a focus on seasoned traders who are assumed to have their own risk management strategies.

The known facts do not specify which trading instruments or platforms Finance Reserves offers. In our records, the instruments field is blank, and no information about trading software (such as MetaTrader 4/5 or proprietary platforms) has been provided. This lack of detail makes it difficult to assess the broker's trading environment and product diversity.

Traders considering Finance Reserves would need to directly inquire about the available asset classes, which may include forex, CFDs on indices, commodities, or cryptocurrencies, but this cannot be confirmed from the data we hold.

Finance Reserves is not regulated by any financial authority. While it is registered as a company in the United Kingdom, company registration does not equate to regulatory authorisation. The Financial Conduct Authority (FCA) oversees forex brokers operating in the UK, but the broker does not appear on the FCA register.

This lack of regulation means there is no mandatory segregation of client funds, no negative balance protection, and no access to the Financial Ombudsman Service or the Financial Services Compensation Scheme (FSCS) in case of disputes or insolvency. The FXCanary Scam Risk Score is 45 out of 100, which falls into the 'Guarded' category, reflecting a moderate level of concern due to the regulatory vacuum and high entry barriers.

Founded in January 2021, Finance Reserves is a relatively new entrant in the forex brokerage space. The company's registered address is in the financial district of London, which may lend a degree of credibility, but the lack of regulation overshadows this. As a privately held entity, there is no publicly available information about its ownership, management team, or financial stability.

The broker's website domain, financereserves.com, was likely registered around the time of incorporation. However, without independent user reviews or web presence, it is challenging to gauge the broker's reputation or the quality of its services. Traders are advised to exercise caution and perform thorough due diligence before committing funds.