About OffersFX
Company Overview
OffersFX is an online brokerage that was founded in 2021 and is registered in Cyprus. The company operates under the commercial name OffersFx and is run by XTrade Europe Ltd., according to its corporate description. Its official website is offersfx.com, and its registered address is at Vasileos Constantinou 140, 3080, Limassol, Cyprus. The broker provides retail clients with access to leveraged contracts for difference (CFDs) across multiple asset classes.
Regulation and Licensing
The broker claims to be authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 108/10. However, FXCanary's records show the regulatory status as pending verification, with no confirmed active license from CySEC at this time. The firm states that it is subject to the Markets in Financial Instruments Directive (MiFID II) regulatory requirements, which would allow it to offer services across the European Economic Area. Traders are advised to independently verify the license on the CySEC public register before committing funds.
Trading Offering
OffersFX markets itself as a CFD broker, enabling clients to trade on the price movements of shares, indices, commodities, and forex. The products are speculative and carry substantial leverage, which amplifies both potential gains and losses. The broker does not disclose the specific trading platforms (such as MetaTrader 4 or 5) or the minimum deposit requirements on its homepage. Further details may require account registration or contacting support.
Risk and Suitability
A prominent risk warning on the website states that 67.1% of retail investor accounts lose money when trading CFDs with this provider. This statistic highlights the high risk of capital loss associated with leveraged trading. OffersFX is likely targeting retail clients with speculative trading appetites, but the lack of detailed information about spreads, commissions, and account types means traders should proceed with caution. The broker's guarded FXCanary Scam Risk Score of 31/100 reflects these transparency concerns.
Contact and Support
The company's registered address is in Limassol, Cyprus. The website offers login and registration options, as well as a support contact, though no phone number or email is displayed on the public pages. Clients are directed to register an account to access the full range of services and support. Due to the limited public information available, potential users should rely on direct communication with the broker for specific queries.
Overview compiled by FXCanary from regulatory records and public data. full OffersFX review