About Graphene Fx
Overview
Graphene Fx is a retail forex and CFD broker that was registered in the United Kingdom on March 30, 2021. The company lists its registered address at 2 Norman Road, Thornton Heath, Surrey, CR7 7ED. According to available records, the broker promotes trading in currency pairs, stocks, indices, commodities, and cryptocurrencies.
Despite its UK registration, Graphene Fx does not hold any valid regulatory license from the Financial Conduct Authority (FCA) or any other Tier-1 regulator. Our records indicate that the company has been associated with a suspicious clone of an ASIC license and an unauthorized NFA license, which are red flags for legitimacy.
Account Types
Graphene Fx offers four account tiers: Standard, Prime, G-Plus, and ECN. The Standard account requires a minimum deposit of $100, while the Prime account requires $1,500. The G-Plus account has a $3,000 minimum, and the ECN account requires a substantial $10,000 minimum deposit.
The differences between these accounts are not clearly detailed in public records, but typically ECN accounts offer tighter spreads and direct market access. The broker does not specify maximum leverage per account type, but overall leverage is advertised up to 1:500, which is extremely high and carries significant risk.
Trading Instruments
The broker claims to provide access to a range of asset classes including forex, stocks, indices, commodities, and cryptocurrencies. This multi-asset offering is typical of modern CFD brokers, but the exact number of instruments and trading platforms (such as MetaTrader 4/5 or proprietary software) are not disclosed in the available information.
Given the lack of regulatory oversight, the actual trading conditions and execution quality are uncertain. Traders should exercise extreme caution before depositing funds.
Regulatory Status
Graphene Fx is registered as a company in the United Kingdom, but it is not authorized or regulated by any financial regulator. The FCA does not list this entity, and the claims of holding an ASIC or NFA license appear to be fraudulent based on our cross-checks.
Operating without regulation means there is no independent oversight, no client fund segregation requirements, and no recourse through a financial ombudsman. This places the broker in a high-risk category, particularly for retail traders.
Overview compiled by FXCanary from regulatory records and public data. full Graphene Fx review