About Servexus
Overview
Servexus is a trading entity registered in the United Kingdom under the legal name X Open Hub. According to our records, the company was founded on 8 March 2023 and lists its registered address at Level 34, One Canada Square, Canary Wharf, London E14 5AA. The official domain is servexus.com.
Our records indicate that Servexus holds one licence from the Financial Conduct Authority (FCA) in the United Kingdom, classified as a Forex Execution License (STP). The licence number is 522157. However, the status of this licence is marked as '—' in our records, which means we cannot confirm whether it is currently active or has been revoked. This is a significant point for traders to verify directly with the FCA register.
Regulation and Licensing
Servexus is regulated by the Financial Conduct Authority (FCA) in the United Kingdom, with one licence on file. The licence is described as a Forex Execution License (STP), and the licence number is 522157. We cross-checked this information against our internal records, but we were unable to verify the current status of the licence from the public register.
It is important to note that while the FCA is a reputable regulator, the '—' status in our records means we cannot confirm whether the licence is active. Traders are strongly advised to check the FCA's official register using the licence number provided to confirm the firm's authorisation status before engaging with the broker.
Company Background
Servexus was founded on 8 March 2023, making it a relatively new entrant in the trading space. The company is registered in the United Kingdom and operates under the legal name X Open Hub. Its registered address is at One Canada Square in Canary Wharf, a prestigious business district in London.
Our records show that Servexus has zero employees on file. This is an unusual data point and may indicate that the company is a shell entity or that the information is incomplete. We note that the company has a presence on Facebook and Instagram, but we found no evidence of clone or impersonator sites, which is a positive sign.
Products and Services
Based on the limited information available, Servexus appears to be positioned as a forex execution provider, given its FCA licence type (Forex Execution License, STP). STP (Straight Through Processing) typically refers to a model where orders are passed directly to liquidity providers without a dealing desk. However, we could not confirm the specific products, platforms, or account types offered by Servexus from public sources.
As of now, there is no official website content available to us, and web searches did not yield reliable information about the broker's offerings. Therefore, we cannot state with certainty whether Servexus offers retail forex trading, CFDs, or other financial instruments. Traders should exercise caution and seek further information directly from the broker.
Risk Assessment
Our FXCanary Scam Risk Score for Servexus is 46 out of 100, which we classify as 'Guarded'. This score is based on several factors, including the fact that withdrawal complaints appear in approximately 30% of recent reviews. This is a notable red flag, as it suggests that a significant portion of clients have experienced difficulties withdrawing their funds.
Additionally, the lack of independent user reviews and the limited public information about the broker make it difficult to assess its reliability. The '—' status of the FCA licence further complicates the picture. In FXCanary's assessment, traders should approach Servexus with caution and conduct thorough due diligence before committing any funds.
Conclusion
Servexus is a UK-registered trading entity with an FCA licence on file, but the status of that licence is unclear. The company is relatively new, has no employees on record, and has a moderate risk score due to withdrawal complaints. While the lack of clone sites is a positive sign, the overall picture is one of uncertainty.
We recommend that traders verify Servexus's regulatory status directly with the FCA, seek out independent reviews, and consider the withdrawal complaint ratio before deciding to trade with this broker. As always, never invest more than you can afford to lose.
Overview compiled by FXCanary from regulatory records and public data. full Servexus review