FXVC

FXVC is an online retail broker operating under the ownership of Intelligent Financial Markets Pty Ltd. According to our records, the company was founded on 5 May 2019 and is registered in Australia. The broker’s official domain is fxvc.com.au.

The firm presents itself as a provider of tradable CFD products, targeting both new and experienced traders. However, as of our review, the broker has not made its corporation location or detailed regulation information publicly available. This lack of transparency is a significant red flag for potential clients.

Our records indicate that FXVC holds, or claims to hold, an Australian Securities and Investments Commission (ASIC) licence. However, the status of that licence is marked as '—', meaning we could not verify its current validity or any restrictions. The company has not provided the public with clear regulatory details, which is unusual for a broker operating under ASIC’s jurisdiction.

ASIC-regulated brokers are generally required to disclose their AFSL number and comply with strict client money and reporting requirements. In FXVC’s case, the absence of such publicly verifiable information suggests that traders should exercise extreme caution. Without confirmed regulatory oversight, client funds may not be protected as they would be with a fully licensed Australian broker.

Intelligent Financial Markets Pty Ltd, the entity behind FXVC, has been in business for approximately five years at the time of our review. While the company is allegedly registered in Australia, it has not disclosed its physical address or corporate structure. This lack of transparency is concerning, as legitimate brokers typically provide clear company details to build trust with clients.

The broker’s operational history is relatively short, and combined with the opacity around its registration and regulation, the risk profile is elevated. Our FXCanary Scam Risk Score for this broker is 85 out of 100, indicating a severe level of risk.

According to the limited information available, FXVC offers trading in CFD products across multiple asset classes, likely including forex, indices, commodities, and cryptocurrencies. However, we were unable to find specific details on the broker’s official website regarding account types, trading platforms, leverage options, or minimum deposits.

Without access to a product disclosure statement or clear terms of service, we cannot confirm the trading conditions or the range of instruments available. This information vacuum is unusual for a broker targeting retail clients, who typically need transparent pricing and platform details to make informed decisions.

In FXCanary’s assessment, the combination of an unverifiable regulatory status, short operating history, and lack of public corporate information makes FXVC a high-risk broker. Traders should be aware that they may not have access to dispute resolution schemes or compensation funds that protect clients of licensed Australian brokers.

We strongly advise potential clients to conduct their own thorough due diligence before depositing funds. Given the severe scam risk score, it would be prudent to consider only fully regulated and transparent alternatives for CFD trading.