About MY HOURLY FOREX
Company Overview
MY HOURLY FOREX is a trading services provider registered in the United Kingdom, with a founded date of 9 November 2020. The company operates through the website myhourlyforex.com.
According to official records, MY HOURLY FOREX does not hold any regulatory licenses from recognised financial authorities. This absence of regulation is a significant factor for potential traders to consider.
Regulatory Status
As of the latest available information, MY HOURLY FOREX is not authorised or regulated by any financial regulator, including the UK's Financial Conduct Authority (FCA) despite being registered in the United Kingdom.
Traders should be aware that unregulated brokers do not offer the same level of investor protection, such as access to compensation schemes or dispute resolution services.
Products and Services
Based on limited public information, MY HOURLY FOREX appears to offer forex trading services, as implied by its name and domain. However, specific details about available instruments, trading platforms, account types, or leverage are not publicly documented.
Potential clients are encouraged to seek comprehensive information directly from the broker and verify any claims made about its offerings.
Client Suitability
Given the lack of regulatory oversight and limited public information, MY HOURLY FOREX may be unsuitable for traders who prioritise security and regulatory protection.
The broker might appeal to experienced traders willing to accept higher risk, but FXCanary advises caution and thorough due diligence before engaging with any unregulated entity.
Risk Assessment
FXCanary's Scam Risk Score for MY HOURLY FOREX stands at 48 out of 100, categorised as 'Guarded'. This score reflects the absence of regulatory licensing and the scarcity of independent reviews or verifiable information.
Traders should consider this risk rating as a clear indicator that the broker presents elevated uncertainty compared to regulated alternatives.
Overview compiled by FXCanary from regulatory records and public data. full MY HOURLY FOREX review