About Rich World Fx
Overview
Rich World Fx is a financial services entity registered in the United States, claiming an address at 375 Hudson Street, 16th Floor, New York, NY 10014. The firm was established on October 13, 2022, according to our records.
Despite its purported location in a major financial hub, there is no independent public information available to verify its operations, client base, or the specific services it offers. The broker's official website, richworldfxs.com, is the primary source of any claims, but we were unable to access or verify its content through reliable third-party sources.
Regulation and Security
Our records indicate that Rich World Fx does not hold any regulatory licences from recognised financial authorities. The company is not registered with the U.S. Commodity Futures Trading Commission (CFTC), the National Futures Association (NFA), or any other major regulatory body.
This absence of regulation is a significant concern for potential clients, as it means there is no independent oversight of the broker's operations, financial practices, or client fund handling. Traders should exercise extreme caution when dealing with unregulated entities, as they lack the legal protections afforded by regulated brokers.
Company Details
The registered address at 375 Hudson Street, New York, is a well-known commercial building that houses many legitimate financial firms. However, we have not been able to confirm whether Rich World Fx actually operates from this location, as the address may be a virtual office or shared workspace.
Founded in October 2022, the broker is relatively new to the market. Its limited operational history and lack of verifiable public information make it difficult to assess its reliability or track record. Potential clients should be aware that the broker's claims cannot be independently verified.
Products and Services
Based solely on the company name 'Rich World Fx', it is reasonable to infer that the broker may offer foreign exchange trading services, possibly including leveraged forex or CFD products. However, without access to the official website or other marketing materials, we cannot confirm the specific instruments, platforms, account types, or features available.
The lack of verifiable information extends to any promised trading conditions, spreads, leverage, or payment methods. We strongly advise traders to seek comprehensive information directly from the broker and to verify any claims with independent, trustworthy sources before committing funds.
Target Audience
Given the absence of regulatory oversight and limited public information, Rich World Fx appears to target retail traders who may be attracted to its New York address and the implied legitimacy. However, the lack of transparency makes it unsuitable for risk-averse or cautious investors.
The broker's very low public profile suggests it may be focusing on markets where regulatory scrutiny is lighter, or it may be in its early stages of building a client base. Traders should consider whether an unregulated broker aligns with their personal risk tolerance and trading goals.
Conclusion
Rich World Fx presents a high-risk profile due to its unregulated status and the complete absence of third-party reviews or verifiable information. Our scam risk score of 49/100 (Guarded) reflects these concerns.
Traders contemplating an engagement with this broker should conduct thorough due diligence, including direct communication with the company to request proof of licensing, financial statements, and operational details. We recommend prioritising regulated brokers that offer investor protection schemes and transparent operations.
Overview compiled by FXCanary from regulatory records and public data. full Rich World Fx review