About TempleFX
Who is TempleFX?
TempleFX is a retail forex and CFD broker registered in the United Kingdom and established in 2017. The broker presents itself as a global financial service provider offering a variety of trading instruments including forex, commodities, precious metals, and stock indices. Its official website is templefx.com.
The broker’s company description states that it was founded in 2016, though regulatory filings indicate a registration date of 12 September 2017. TempleFX operates through the MetaTrader 4 (MT4) platform, a widely used trading interface known for its charting tools and automated trading capabilities.
Regulation and Licensing
TempleFX holds a Financial Conduct Authority (FCA) registration in the United Kingdom under a Derivatives Trading License (STP). However, the status of this license is listed as '—' in industry databases, indicating that the license may not be active or that the firm is not currently authorized to conduct regulated activities. This ambiguity raises caution for traders seeking a fully regulated broker.
Traders are advised to verify the broker's regulatory standing directly with the FCA’s register before depositing funds. The FXCanary scam risk score for TempleFX is 48 out of 100, placing it in the 'Guarded' category, which suggests moderate risk due to unresolved regulatory details and limited independent public information.
Trading Instruments and Platforms
Based on the broker’s own materials, TempleFX offers access to forex, commodities, precious metals, and stock indices. The broker relies solely on the MetaTrader 4 platform, which is popular among retail traders for its flexibility and extensive third-party support. No proprietary platform or additional trading tools are mentioned.
The range of instruments appears typical for a retail CFD broker, though specific details on leverage, spreads, and execution are not provided in available sources. Traders should consult the broker’s website for current product offerings and terms.
Target Audience and Suitability
TempleFX appears to target retail traders seeking a multi-asset broker with a familiar platform. However, the lack of transparent regulatory status and limited independent information makes it more suitable for experienced traders who can assess risks independently. Beginners are advised to exercise extra caution.
The broker's presence on social media (Facebook and Twitter/X) suggests some level of engagement with its client community, but no user reviews were found in independent sources at the time of this analysis.
Overview compiled by FXCanary from regulatory records and public data. full TempleFX review