About Pips in Full Fxltd
Overview
Pips in Full Fxltd is a company registered in the United Kingdom, with its official domain listed as pipsinfullfxltd.com. According to our records, the company was founded on 16 March 2022 and lists a registered address at 86-90 Paul Street, London, England, EC2A 4NE. The name suggests a focus on foreign exchange trading, but the company's exact business model and product offering remain unclear from the information available to us.
Our records indicate that Pips in Full Fxltd holds a single licence from the Vanuatu Financial Services Commission (VFSC), classified as a Forex Trading License (EP) with licence number 40356. The status of this licence is not specified in our records. The company is registered in the UK but regulated in Vanuatu, a common arrangement for offshore forex brokers, though the practical implications for client protection should be carefully considered.
Regulation and Licensing
The only regulator on file for Pips in Full Fxltd is the Vanuatu Financial Services Commission (VFSC). The licence is described as a Forex Trading License (EP), with licence number 40356, and the status is listed as '—', meaning it is not specified in our records. Vanuatu is known as a relatively light-touch regulatory jurisdiction, and a VFSC licence does not offer the same level of investor protection as a licence from a major financial regulator such as the UK's FCA or the US CFTC.
We cross-checked the licence details against the public register, but the information we have is limited to what is provided in our records. The licence number is quoted exactly as it appears in our files. It is important to note that the company is registered in the UK, but it is not authorised by the UK Financial Conduct Authority (FCA) based on the information we have. This means that UK-based clients may not benefit from the Financial Ombudsman Service or the Financial Services Compensation Scheme.
Company Background
Pips in Full Fxltd was founded in 2022, making it a relatively new entrant in the financial services space. The registered address in London suggests a UK presence, but the company's operational footprint is unclear. Our records show that the company has 0 employees, which could indicate that it is a shell company or that the information is incomplete. This is a significant point of caution for potential clients, as a company with no verifiable staff may lack the operational capacity to provide reliable services.
The company's official domain, pipsinfullfxltd.com, is listed in our records, but we found no verifiable website or social media presence. This is a red flag, as a legitimate broker typically maintains a professional online presence to communicate with clients and provide transparency. The lack of a verifiable website makes it difficult to assess the company's offerings, trading platforms, or customer support.
Products and Services
Based on the limited information available, we cannot confirm the specific products or services offered by Pips in Full Fxltd. The name and the VFSC licence type suggest a focus on forex trading, but we have no details on account types, trading platforms, or available instruments. Without access to the company's website or official documentation, we cannot provide a reliable overview of what the broker offers.
In the absence of concrete information, we advise potential clients to exercise extreme caution. A broker that does not disclose its products or services clearly is not in line with industry best practices. We recommend that traders seek brokers with transparent offerings and clear regulatory oversight.
Risk Assessment
Our FXCanary Scam Risk Score for Pips in Full Fxltd is 43 out of 100, which we classify as 'Guarded'. This score reflects a number of risk factors, most notably the lack of a verifiable website or social media presence. The company's registration in the UK but regulation in Vanuatu adds another layer of complexity, as the regulatory protections available to clients may be limited.
We also note that the company has 0 employees on record, which raises questions about its operational capacity. While this could be a data error, it is a factor that contributes to our cautious assessment. We have found no clone or impersonator sites, which is a positive sign, but the overall lack of transparency is concerning.
Conclusion
In summary, Pips in Full Fxltd is a UK-registered company with a VFSC licence, but we have very little publicly verifiable information about its operations. The absence of a working website and the lack of employee records are significant concerns. We recommend that traders approach this broker with caution and conduct thorough due diligence before considering any engagement.
For a more detailed analysis, including our independent assessment of the broker's risk profile, please refer to our in-depth review. We will continue to monitor this broker and update our findings as more information becomes available.
Overview compiled by FXCanary from regulatory records and public data. full Pips in Full Fxltd review