Unauthorised Firm Details

Name: FXCess
Website: fxcess.com

FXCess Review – High-Risk Broker

FXCess presents itself as a global trading platform offering access to various financial instruments, including forex and CFDs. The platform claims competitive spreads, high leverage, and a user-friendly interface. However, several concerning issues make it high risk for investors.

Key Concerns

• Unregulated Status: FXCess claims registration in Bermuda, but no verifiable records confirm this. The platform does not appear on the lists of recognized regulators.

• Misleading Claims: Marketing materials suggest a long-standing presence in the industry and strong regulatory oversight, but these claims are unsubstantiated.

• Limited Transparency: The website provides minimal information about ownership, management, or operational history.

• User Complaints: Reports indicate difficulties with account registration, delayed or blocked withdrawals, and unresponsive support once deposits are made.

Bottom Line: FXCess shows classic signs of a risky or potentially fraudulent broker. Lack of verifiable regulation, limited transparency, and customer complaints indicate that funds deposited with FXCess could be at serious risk.