FX CALL

FX CALL is a retail forex and CFD broker registered in Belize, having been established on March 10, 2020. The broker operates under the official domain efgcall.com and presents itself as a multi-asset trading provider catering to a wide range of traders.

Despite its registration in Belize, FX CALL does not hold a recognised regulatory licence from any major financial authority. This lack of oversight is a significant factor for traders to consider when evaluating the broker's trustworthiness and operational transparency.

FX CALL offers six distinct account tiers designed to accommodate different capital levels and trading preferences. The entry-level Micro account requires a minimum deposit of $25 and offers a maximum leverage of 1:500, while the Standard account starts at $100 with the same leverage. Higher-tier accounts—Premium ($2,500), ECN-Classic ($5,000), ECN-Pro ($15,000), and ECN-Gold ($25,000)—provide varying leverage limits, with the ECN accounts capped at 1:100 and the Premium account at 1:500.

The high minimum deposits for the ECN accounts suggest they are aimed at professional or high-net-worth traders, while the lower-tier accounts target retail clients. The progressive leverage structure is typical of unregulated brokers, offering high leverage on smaller accounts to attract traders.

FX CALL provides access to 36 currency pairs, covering major, minor, and exotic forex markets. In addition, the broker offers contracts for difference (CFDs) on metals, US stocks, indices, oil, and cryptocurrencies. This diverse product range allows traders to speculate on various asset classes from a single platform.

However, the inclusion of cryptocurrencies and CFDs on stocks and indices in an unregulated environment carries additional risks, such as potential for price manipulation or lack of investor protection. Traders should be aware that CFD trading is inherently speculative and carries high risk.

According to FXCanary's verified records, FX CALL is not regulated by any financial supervisory authority. The firm is registered in Belize, a jurisdiction known for minimal regulatory oversight of forex brokers. This means that client funds are not protected by any compensation scheme, and there is no external dispute resolution mechanism.

The absence of regulation is a critical red flag for cautious traders. Without regulatory scrutiny, the broker is not required to adhere to capital adequacy standards or segregate client funds, increasing the risk of financial loss or misconduct.