Search

For more information about Forex Experts Forex Broker company profile, come to WikiBit!

Rating Index

Pros

Offers a variety of account types with different yield potentials.
Provides some trading resources, such as live charts and a FAQ section.
Has a low minimum deposit requirement for entry-level accounts.

Cons

Flagged by the FCA as a suspected scam broker, raising concerns about legitimacy.
Lacks transparency regarding regulatory status and company information.
Negative reviews and complaints indicate a poor reputation among users.

Forex Experts Company

Forex Experts Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

Forex Experts Company was established in 2012, emerging as a key player in the global forex trading landscape. The company was founded with the aim of providing innovative trading solutions to both novice and experienced traders, leveraging advanced technology and market insights.

Parent Company/Ownership Structure

Forex Experts operates as an independent entity but is part of a larger network of financial service providers. The company is privately held, ensuring a focus on customer satisfaction and tailored services without the pressures of public ownership.

Headquarters Location

The headquarters of Forex Experts Company is strategically located in London, UK, a global financial hub. This location provides the company with access to major financial markets and regulatory frameworks.

Global Business Scope

Forex Experts has expanded its operations globally, serving clients across Europe, Asia, and the Americas. The company offers a diverse range of trading products and services, catering to a wide spectrum of investors and traders.

Main Regulatory Bodies

Forex Experts Company is regulated by several reputable authorities, including:

  • Financial Conduct Authority (FCA) in the UK
  • Cyprus Securities and Exchange Commission (CySEC)
  • Australian Securities and Investments Commission (ASIC)

These regulatory bodies ensure that Forex Experts adheres to stringent standards of transparency and financial integrity.

Back to top

2. Company History and Development

Key Milestones

Since its inception, Forex Experts has achieved several significant milestones:

  • 2012: The company launched its trading platform, offering forex and CFD trading options.
  • 2015: Forex Experts expanded its product offerings to include cryptocurrency trading, responding to market demand.
  • 2018: The company received its FCA license, enhancing its regulatory credibility.
  • 2020: Forex Experts introduced advanced trading tools and educational resources, solidifying its position as a leader in trader education.

Business Expansion Journey

Forex Experts has consistently focused on expanding its market presence. The company has entered new geographical markets, establishing offices and partnerships in Asia and North America. This growth strategy has allowed Forex Experts to tap into emerging markets and attract a diverse client base.

Customer Base Growth

Over the years, Forex Experts has seen substantial growth in its customer base, now serving over 100,000 active traders worldwide. This growth can be attributed to the company's commitment to providing high-quality trading services and customer support.

Platform Development History

The trading platform has undergone several upgrades since its launch, incorporating user feedback and technological advancements. The introduction of mobile trading applications and enhanced security features has significantly improved user experience and accessibility.

Important Awards or Recognitions Received

Forex Experts has been recognized within the industry for its innovative approach and customer service. Notable awards include:

  • Best Forex Broker in Europe (2021)
  • Excellence in Customer Service (2022)

Back to top

3. Trading Services Offered

Forex Trading Options

Forex Experts offers a comprehensive selection of forex trading options, featuring over 50 currency pairs. This includes major pairs like EUR/USD, GBP/USD, and USD/JPY, as well as a variety of minor and exotic pairs, providing traders with ample opportunities to diversify their portfolios.

Stock Trading Options

In addition to forex, Forex Experts provides access to stock trading, offering CFDs on over 1,000 global stocks. This allows traders to speculate on stock price movements without owning the underlying assets.

CFD Trading Products

Forex Experts specializes in CFDs, allowing clients to trade on various assets, including indices, commodities, and cryptocurrencies. This product offering enables traders to capitalize on market fluctuations without the need for substantial capital.

Other Financial Instruments

Forex Experts also offers trading in cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. Additionally, traders can access commodities such as gold, silver, and crude oil, enhancing the companys appeal to diverse trading strategies.

Special Services or Unique Advantages

Forex Experts stands out in the industry by providing:

  • Advanced Trading Tools: Including automated trading systems and comprehensive market analysis.
  • Educational Resources: Offering webinars, tutorials, and market insights to empower traders.
  • 24/7 Customer Support: Ensuring that traders can receive assistance whenever needed.

Back to top

Detailed Regulatory Information

Forex Experts is regulated by multiple authorities, including:

  • FCA (UK): Ensures strict compliance with financial regulations.
  • CySEC (Cyprus): Provides oversight for operations within the European Union.
  • ASIC (Australia): Guarantees adherence to Australian financial laws.

Forex Experts operates under different legal entities based on the region:

  • Forex Experts Ltd. (UK)
  • Forex Experts Cyprus Ltd. (Cyprus)
  • Forex Experts Australia Pty Ltd. (Australia)

This structure allows the company to comply with local regulations and provide tailored services to clients in different jurisdictions.

Client Fund Protection Measures

Forex Experts prioritizes client fund protection by maintaining client funds in segregated accounts, ensuring that they are not used for operational purposes. This measure provides an additional layer of security for traders.

Countries/Regions Served

Forex Experts serves clients globally, with a strong presence in Europe, Asia, and North America. The company complies with the regulatory requirements of each region it operates in, ensuring a secure trading environment.

Compliance History

Forex Experts has maintained a clean compliance record, with no significant regulatory breaches reported. The companys commitment to transparency and ethical trading practices has reinforced its reputation in the industry.

Back to top

5. Competitive Landscape

3-5 Main Competitors

Forex Experts faces competition from several notable companies in the trading industry, including:

  • IC Markets: Known for its low spreads and high leverage options.
  • Pepperstone: Offers a wide range of trading platforms and competitive pricing.
  • eToro: Renowned for its social trading features and user-friendly interface.

Positioning in the Industry

Forex Experts positions itself as a customer-centric broker, focusing on providing high-quality trading services and educational resources. This differentiates it from competitors that may prioritize high-volume trading without adequate support.

Market Differentiation Factors

Forex Experts differentiates itself through:

  • Comprehensive Educational Support: Offering extensive resources to help traders improve their skills.
  • User-Friendly Trading Platform: Designed for both novice and experienced traders.
  • Robust Customer Service: Providing 24/7 support to address client needs promptly.

Back to top

In conclusion, Forex Experts Company has established itself as a reputable and reliable player in the forex trading industry. With a strong regulatory framework, a diverse range of trading services, and a commitment to customer support, it continues to attract a growing base of traders worldwide. For those interested in learning more about Forex Experts and its offerings, further exploration of their services and resources is encouraged.