FXCKB

FXCKB is a retail forex and CFD broker established on 12 October 2020 and registered in Mauritius. The broker operates under the domain fxckb.com and caters primarily to retail traders seeking access to leveraged trading across multiple asset classes. Publicly available information about the broker is limited, with no independent user reviews or extensive online presence verified.

Despite being in operation since 2020, FXCKB has not built a strong public footprint in major trading communities or regulator databases. This lack of transparency may be a consideration for traders evaluating the broker's credibility and long-term reliability.

According to our records, FXCKB does not hold any known regulatory licences from recognised financial authorities. The broker's registration in Mauritius does not imply oversight by a stringent regulator, as Mauritius is not typically considered a major regulatory jurisdiction for forex brokers. This absence of regulation is a significant factor that traders should weigh carefully.

Without a regulatory licence, clients have no recourse to compensation schemes or ombudsman services in case of disputes. FXCanary's scam risk score of 54 out of 100 reflects an elevated risk level, primarily due to the unregulated status and limited public information. Traders are advised to exercise caution.

FXCKB offers three main account types: Stock CFD, Forex Cent, and Standard. The Stock CFD account requires a minimum deposit of $100/€/£ or ₦40,000 and offers maximum leverage of 1:10 for American stocks and 1:3 for European stocks. This account is designed for traders interested in equity CFDs with moderate leverage.

The Forex Cent account has a low minimum deposit of $10/€/£ or ₦2,000, making it accessible for beginners or those wishing to trade smaller sizes. Leverage on this account varies from 1:1000 to 1:25 for forex pairs, and 1:500 to 1:25 for other instruments. The Standard account requires a $100 or ₦40,000 minimum deposit and offers leverage up to 1:2000, appealing to traders seeking high exposure.

The broker provides a range of instruments including forex majors, crosses, and minors (totalling 59 pairs), spot metals (5), spot CFDs (14), and cryptocurrencies (33). Additionally, there are 2 additional spot metals listed. This variety allows traders to diversify across traditional forex, commodities, and digital assets, all within a single account.

It is unclear from available data which specific instruments are offered under each category, and whether the crypto CFDs include leveraged trading. The inclusion of cryptocurrencies aligns with current market trends, but the lack of regulatory clarity may add risk for traders in jurisdictions where crypto derivatives are restricted.

FXCKB presents itself as a multi-asset broker with flexible account options and high leverage, particularly on the Standard and Cent accounts. However, the absence of regulatory oversight and limited public information raises concerns about client fund safety and operational transparency. The elevated scam risk score from FXCanary underscores these concerns.

Traders considering FXCKB should conduct thorough due diligence, including verifying the broker's claims independently and understanding the risks of trading with an unregulated entity. The lack of user reviews and independent verification makes it difficult to assess the broker's actual trading conditions and reliability.