Fx Cloud Option

Fx Cloud Option is an online brokerage that lists its official domain as fxcloudoption.com. According to our records, the entity was registered in the United Kingdom on February 18, 2022. Its registered address is 9693 South Street, MOTHERWELL, ML37 6JZ.

The broker does not appear on any financial regulatory register, as confirmed by our checks. This absence of a licence from a recognised regulatory body is a critical point for any trader considering the platform.

Fx Cloud Option offers four distinct account tiers: STARTER, SILVER, GOLD, and PLATINUM. The minimum deposit ranges from £300 for the STARTER account to between £50,000 and £100,000 for the PLATINUM tier. SILVER requires a deposit of £1,000 to £9,999, while GOLD requires £10,000 to £49,999.

The broker does not publish maximum leverage figures for any account type. This lack of transparency on leverage, a key risk parameter, is notable. The account structure suggests a targeting of traders with varying capital sizes, from small retail investors to high-net-worth individuals.

Our records do not specify the trading instruments offered by Fx Cloud Option. It is unclear whether the broker provides forex, CFDs, cryptocurrencies, or other asset classes. Similarly, information on the trading platform (e.g., MetaTrader, proprietary web platform) is absent from the known facts.

This informational void makes it difficult for potential clients to assess the broker's suitability for their trading needs. Without clarity on available markets or software, traders should proceed with caution.

Fx Cloud Option has no registered regulators on file. The company is registered in the United Kingdom as a corporate entity, but this does not equate to financial regulation by the Financial Conduct Authority (FCA) or any other supervisory body.

For UK-based traders, dealing with an unregulated broker carries significant risks, including lack of investor protection, no access to the Financial Ombudsman Service, and no coverage under the Financial Services Compensation Scheme. The absence of regulation is a major red flag.

FXCanary's Scam Risk Score for Fx Cloud Option is 49 out of 100, categorised as 'Guarded'. This score reflects the absence of regulatory oversight and limited publicly available information. While the score does not automatically label the broker a scam, it indicates heightened risk.

Traders should be aware that unregulated brokers often provide little recourse in the event of disputes or financial loss. Independent due diligence and a conservative approach are strongly advised before any engagement.