About Treasure Forex
Overview
Treasure Forex is a trading name associated with Treasure Forex Global Limited, a company registered in the United Kingdom. The firm was established on 2 September 2021 and is headquartered in London. It presents itself as a brokerage offering forex, commodities, and other financial instruments.
Despite its UK registration, Treasure Forex does not hold any regulatory licences from the Financial Conduct Authority (FCA) or any other recognised regulatory body. This absence of regulation is a significant factor that traders should consider when evaluating the broker's credibility and the safety of their funds.
Trading Platform and Instruments
The broker lists MetaTrader 5 (MT5) as its primary trading platform. MT5 is a widely used platform known for advanced charting tools, automated trading capabilities, and multi-asset support. Through MT5, Treasure Forex claims to offer forex pairs, gold, crude oil, and potentially other CFDs.
No specific details about spreads, leverage, or commission structures are publicly available from independent sources. The lack of transparent pricing and trading conditions adds to the uncertainty surrounding this broker.
Regulatory Status
Our review found no record of Treasure Forex being authorised or regulated by any financial supervisory authority. While the company is registered as a legal entity in the UK, company registration does not equate to regulatory oversight. The FCA does not list Treasure Forex as a regulated firm.
Operating without regulation means clients have no access to financial ombudsman services or compensation schemes, such as the Financial Services Compensation Scheme (FSCS). This exposes traders to heightened risk in the event of disputes or broker insolvency.
Company Background
Treasure Forex Global Limited was incorporated on 2 September 2021. Its registered address is in London, United Kingdom. The company's stated business activity falls under financial services, but detailed ownership and management information are not readily available.
Given the broker's relatively recent establishment and lack of regulatory footprint, there is limited verifiable history to assess its operational track record or financial stability.
Target Audience
The broker claims to serve both retail and institutional clients. Retail traders typically require a trusted environment with regulatory protection, which Treasure Forex does not currently offer. Institutional clients often have additional due diligence requirements that may not be satisfied by an unregulated entity.
As such, the intended audience is unclear, but the risk profile appears most suited to traders who are willing to accept a high level of counterparty risk.
Risk Assessment
Aggregated industry data and our own evaluation assign Treasure Forex a Scam Risk Score of 75 out of 100, indicating a severe risk level. Key factors contributing to this score include the complete lack of regulatory authorisation, limited publicly available information, and the broker's short operational history.
In FXCanary's assessment, this broker presents substantial risks to traders. The absence of oversight and transparency makes it difficult to verify the broker's claims or seek recourse in case of problems.
Overview compiled by FXCanary from regulatory records and public data. full Treasure Forex review