Brokers  /  FXSGN

FXSGN

Severe risk
🇺🇸 United States · 5-10 years · since 2018-02-05 · STEVEN G NEWCOM LLC
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.62/10
Trustpilot/5
Forex Peace Army/5
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No sign that FXSGN actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
85
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Listed as “Scam Brokers” in industry watchdog records
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing9735%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)7810%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameSTEVEN G NEWCOM LLC
Headquarters🇺🇸 United States
Founded2018-02-05
Years operating5-10 years
Employees0
Official websitecfx-sgn.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
3313 SUNSET KEY CIRCLE UNIT 707 PUNTA GORDA, FL 33955 UNITED STATES

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

FXSGN presents a severe risk profile with no regulatory oversight, no official website, and virtually no public information. The entity's registration as a US company without a financial services license is a major red flag. Traders should avoid any dealings with FXSGN until it provides clear evidence of licensing and a verifiable operational presence.

Best for
  • No recommended use due to lack of information and regulatory status
Not for
  • Any trader seeking a regulated and transparent broker
  • Traders requiring access to standard trading platforms or customer support
Period:

Real user reviews

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About FXSGN

Background and Registration

FXSGN is an entity registered in the United States, with a known registration date of February 5, 2018. The registered address on file is 3313 Sunset Key Circle Unit 707, Punta Gorda, FL 33955. This address appears to be a residential condominium unit, which is not uncommon for small-scale registrations but offers little in terms of business presence.

As of our research, FXSGN does not hold any regulatory licenses or authorizations from recognized financial authorities. This absence of regulatory oversight is a critical factor for traders to consider, as it means the entity operates without the safeguards typically associated with regulated brokers, such as client fund segregation or dispute resolution mechanisms.

No Official Online Presence

Our review found no verifiable official website or trading platform associated with FXSGN. The lack of an online presence is highly unusual for any entity purporting to offer financial services, especially in the forex and CFD space where digital operations are standard.

Without an official domain, there is no way to assess the products, account types, or services claimed to be offered. This information vacuum makes it impossible to verify the entity's legitimacy or operational history beyond the basic registration details.

Regulatory Status and Risk Implications

The most significant concern regarding FXSGN is its complete lack of regulatory licensing. In the financial services industry, regulation is a cornerstone of trader protection, ensuring that brokers adhere to standards of conduct, capital adequacy, and transparency.

Traders are strongly advised to avoid engaging with any broker that is not licensed by a reputable authority, as unregulated entities present elevated risks of fraud, misappropriation of funds, and lack of legal recourse. FXSGN's high scam risk score of 85/100 (Severe) reflects these dangers.

Limited Available Information

At present, the only verifiable facts about FXSGN are its registration as a business entity in Florida and its founding date. There is no public information regarding its ownership, management team, or operational history.

This scarcity of information is itself a red flag. Legitimate brokers typically provide extensive details about their company, including leadership profiles, terms and conditions, and risk disclosures. The absence of such data for FXSGN suggests a lack of transparency that traders should treat with extreme caution.

Conclusion from Known Facts

In summary, FXSGN is a registered entity in the United States with no regulatory oversight, no public website, and no verifiable trading services. The available facts point to a high-risk proposition for any trader considering engagement.

Until such time as FXSGN establishes a credible online presence and obtains licensing from a recognized regulator, it cannot be considered a legitimate broker. We recommend traders steer clear of this entity and prioritize fully regulated alternatives.

Overview compiled by FXCanary from regulatory records and public data. full FXSGN review