FxRevenues Is An Online Trading Broker That Offers Trading Services For A Wide Range Of Financial Products, Including Forex, Stocks, Indices, Commodities And Cryptocurrencies. The Company Claims To Offer Traders More Than 1,500 Trading Instruments With Leverage Up To 1:200, As Well As A Commission-free Trading Environment.
Main Features:
Diversified Trading Products: Covers Forex, Stocks, Indices, Commodities And Cryptocurrencies, Catering To The Needs Of Different Investors.
High Leverage: Offers Leverage Up To 1:200, Allowing Traders To Enlarge Their Trading Positions, But Also Increases Risk.
Commission-Free Trading: Claims That No Trading Commissions Are Charged, Reducing Trading Costs.
Trading Platform: Provides A Proprietary FxRevenues Trader Platform That Supports Both Desktop And Mobile Devices, Making It Easy For Traders To Trade Anytime, Anywhere.
Regulatory Status:
According To A Traders Union Report, FxRevenues Is Registered In Saint Vincent And The Grenadines, A Region Known For Its Lax Regulation.
Traders Union
Additionally, The New Zealand Financial Marekt Authority (NZ FMA) Issued A Warning To FxRevenues On August 10, 2022, Stating That The Company Does Not Hold A Derivatives Issuer License And Is Not Registered As A Financial Services Provider In New Zealand And May Be A Scam.
BROKERSVIEW
The UK Financial Conduct Authority (FCA) And The Ontario Securities Commission (OSC) Also Issued Similar Warnings To FxRevenues On February 8, 2023 And April 28, 2023, Respectively.
User Ratings:
According To Information From Forex SkyEye (WikiFX), User Reviews Of FxRevenues Have Been Mixed.
WIKIFX
Some Users Have Reported Problems With Withdrawal Difficulties, Poor Account Management, And Slow Customer Support Responses.
Notes:
Due To The Lack Of Effective Supervision Of FxRevenues And The Warnings Issued By Multiple Financial Regulators, Investors Are Advised To Consider Carefully Before Choosing This Broker To Ensure The Safety Of Their Funds.
