Global Broker Regulation Inquiry App
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/10

LondonFX

United Kingdom United Kingdom | 2-5 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://londonfx.com

Website

Rating Index

Influence

Influence

D

Influence index NO.1

Israel Israel 2.50
Surpassed 14.80% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+61399387447
support@londonfx.com
https://londonfx.com
30 St Mary Axe, London EC3A 8BF
Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
  • It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
United Kingdom United Kingdom
Operating Period
2-5 years
Company Name
LondonFX
Customer Service Email Address
support@londonfx.com
Contact Number
+61399387447
Company Website
Account
Biz Area
Website
Company Summary
Disclosure
Comment

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Official website

Website

  • londonfx.com
    104.21.55.143
    Server Location
    United States United States
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    2004-05-25
    Website
    WHOIS.GODADDY.COM
    Company
    GODADDY.COM, LLC

Company Summary

Note: LondonFX's official website: https://londonfx.com is currently inaccessible normally.

LondonFXReview Summary
Founded2004
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsForex, etc.
Demo Account/
Leverage1:200
Spread/
Trading PlatformMT4
Min Deposit$250
Customer SupportTel: +61399387447, +441872303557
Email: support@londonfx.com

Founded in 2004, LondonFX is a forex broker registered in UK, offering leverage up to 1:200 and the leading Metatrader4 platform. However, LondonFX operates without regulatory oversight from any reputable financial body.

LondonFX

Pros and Cons

ProsCons
Variety of account typesInaccessible website
MT4 supportedUnregulated status
High minimum deposit
Limited payment options
Unclear withdrawal fee charged

Is LondonFX Legit?

No, LondonFX is not regulated currently. Please be aware of the risk!

No license

Account Type

LondonFX offers three account levels that traders can upgrade to. Account type including Gold, Platinum, and Diamond. LondonFX claims the minimum deposit is $250, which is a bit high.

Leverage

LondonFX offersleverage of 1:200 for traders, which is quite high. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4Desktop, web and mobile (iOS and Android)Beginners
MT5Desktop, web and mobile (iOS and Android)Experienced traders

Deposit and Withdrawal

LondonFX accepts payments via credit cards and bank transfers.

The processing time for withdrawal transactions is 2 business days.

Gold, Platinum, and Diamond Account holders get 1, 2, and 3 free withdrawals, respectively. This suggests that there are withdrawal fees, but the specific cost was not mentioned.

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk
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