PLUSSFX

PLUSSFX is the trading name of Pluss FX (Seychelles) Limited, a retail forex and CFD broker registered in the Seychelles. The company was founded on 24 October 2025, making it a very recent entrant to the online trading space. Its registered office is at Room B11, First Floor, Providence Complex, Providence, Mahe, Seychelles, and its official website is plussfx.com.

According to our records, the broker presents itself as offering two main account types: an ECN account with a minimum deposit of $200 and a maximum leverage of 1:2000, and an STP account with a minimum deposit of $50 and the same maximum leverage. The minimum spread on the ECN account is stated as starting from 0.2 pips, while the STP account shows a minimum spread of 1.3 pips. Commission details, deposit and withdrawal methods, and tradable instruments are not disclosed in our records.

Our records indicate that PLUSSFX holds three licences, though the status of each is marked as '—' (not confirmed). The licences on file are: an FCA licence (Inst Forex Execution (STP)) in the United Kingdom, an FSCA licence (Derivatives Trading License (EP)) in South Africa, and an FSA licence (Derivatives Trading License (EP)) in Seychelles. The licence numbers are recorded as 768451, 48248, and SD027 respectively, but we have not independently verified these against the public registers.

It is important to note that the Seychelles Financial Services Authority (FSA) is an offshore regulator with light oversight, and the broker's registration in Seychelles is a factor that contributes to an elevated risk profile. The FCA and FSCA licences, if valid, would suggest some level of regulatory oversight in those jurisdictions, but the lack of confirmed status and the broker's short operating history warrant caution.

PLUSSFX offers two account types, as detailed in our records. The ECN account requires a minimum deposit of $200 and offers a maximum leverage of 1:2000, with a minimum spread starting from 0.2 pips. The STP account has a lower minimum deposit of $50, the same maximum leverage, and a minimum spread of 1.3 pips. Commission information is not provided for either account type.

These account types appear designed to cater to different trader preferences: the ECN account may appeal to those seeking tighter spreads and are willing to deposit more, while the STP account offers a lower entry barrier. However, without details on commissions, instruments, or platform support, traders have limited information to evaluate the full trading environment.

Pluss FX (Seychelles) Limited was incorporated on 24 October 2025, making it approximately nine months old at the time of this review. The company reports zero employees in our records, which is unusual for a broker and may indicate a very small operation or a shell entity. There is no verifiable website or social-media presence beyond the official domain, which is a risk flag noted in our assessment.

The registered address in the Providence Complex is a common location for offshore financial services companies in Seychelles. The lack of a substantial operational footprint and the recent establishment date contribute to the elevated risk score of 56/100 assigned by FXCanary.

FXCanary's Scam Risk Score for PLUSSFX is 56/100, which is rated as 'Elevated'. Several risk flags are associated with this broker: it was recently established (about nine months old), it is registered in Seychelles (an offshore jurisdiction with light oversight), and there is no verifiable website or social-media presence. These factors suggest that traders should exercise caution.

Independent public information about PLUSSFX is limited. Our web search results did not yield any official broker website content or independent reviews, and the only mention found was in an industry database that raised similar concerns about regulatory status and risk. This lack of transparency is itself a caution sign for potential clients.

In summary, PLUSSFX is a newly established forex and CFD broker registered in Seychelles, offering ECN and STP account types with competitive leverage but limited disclosed information. The regulatory licences on file are unconfirmed, and the broker's short history and offshore registration elevate its risk profile.

Traders considering PLUSSFX should conduct thorough due diligence, verify the regulatory status of the licences directly with the relevant authorities, and be aware of the limited public information available. The absence of a verifiable online presence and the young age of the company are significant concerns that should not be overlooked.