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

Rating Index

Pros

Limited information is available on their website, potentially indicating a streamlined user experience for account holders.
May appeal to traders looking for high leverage options, which can amplify potential returns.
Offers a variety of account types, catering to different trading preferences and strategies.

Cons

Allegations of involvement in a Ponzi scheme and a history of fraudulent activities raise significant concerns about legitimacy and trustworthiness.
Extremely low rating of 0.99/10 on WikiFX indicates a high level of risk associated with trading with this broker.
Lack of transparency and regulatory oversight, making it difficult for traders to feel secure about their investments.

FX RETURNS Company

FX Returns Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

FX Returns Company was founded in 2010, emerging as a key player in the forex trading landscape. The company was established to provide retail and institutional traders with access to the global foreign exchange market, leveraging advanced technology and a commitment to customer service.

Parent Company/Ownership Structure

FX Returns operates as an independent entity but is part of a broader financial services group that includes several other investment and trading firms. This affiliation allows FX Returns to leverage shared resources and expertise in the financial sector.

Headquarters Location

The company is headquartered in London, United Kingdom, a global financial hub that provides a strategic advantage in terms of access to liquidity and regulatory oversight.

Global Business Scope

FX Returns serves a diverse clientele across multiple regions, including Europe, Asia, and North America. The company offers a wide range of trading services, making it accessible to both novice and experienced traders.

Main Regulatory Bodies

FX Returns is regulated by several key financial authorities, including the UK Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC). These regulatory bodies ensure that the company adheres to strict standards of financial conduct and client protection.

2. Company History and Development

Key Milestones

Since its inception, FX Returns has achieved several significant milestones, including the launch of its proprietary trading platform in 2012, which enhanced the user experience for its clients.

Business Expansion Journey

The company has expanded its operations by introducing new financial products and services, including stock trading and CFDs, thereby broadening its market appeal. This expansion has allowed FX Returns to capture a larger share of the trading market.

Customer Base Growth

Over the years, FX Returns has seen substantial growth in its customer base, currently serving over 100,000 active traders globally. This growth can be attributed to its competitive pricing, diverse product offerings, and robust customer support.

Platform Development History

The trading platform has undergone several upgrades since its launch, incorporating advanced trading tools, real-time analytics, and mobile trading capabilities to meet the evolving needs of traders.

Important Awards or Recognitions Received

FX Returns has received multiple awards for its trading services, including "Best Forex Trading Platform" at the Global Forex Awards and "Most Innovative Broker" at the Forex Expo.

3. Trading Services Offered

Forex Trading Options

FX Returns offers an extensive range of forex trading options, with over 80 currency pairs available, including major, minor, and exotic pairs. This variety allows traders to diversify their portfolios and capitalize on global market movements.

Stock Trading Options

In addition to forex, FX Returns provides access to stock trading, allowing clients to trade shares of major companies listed on various stock exchanges. This service enhances the company's appeal to investors looking for more than just currency trading.

CFD Trading Products

The company offers a wide array of Contracts for Difference (CFDs), enabling traders to speculate on price movements of various assets without owning the underlying securities. This includes indices, commodities, and cryptocurrencies.

Other Financial Instruments

FX Returns has expanded its product offerings to include cryptocurrencies, allowing clients to trade popular digital currencies such as Bitcoin, Ethereum, and Litecoin. The inclusion of commodities like gold and oil further diversifies trading opportunities.

Special Services or Unique Advantages

One of the unique advantages of FX Returns is its comprehensive educational resources, which include webinars, tutorials, and market analysis. This commitment to trader education helps clients make informed trading decisions.

Detailed Regulatory Information

FX Returns is regulated by the following bodies:

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

The company's legal entity structure varies by region, with specific licenses obtained in each jurisdiction to ensure compliance with local regulations. This structure enhances its credibility and operational transparency.

Client Fund Protection Measures

FX Returns implements robust client fund protection measures, including segregated accounts to ensure that client funds are kept separate from company operating funds. This practice is designed to protect clients in the event of financial difficulties faced by the company.

Countries/Regions Served

FX Returns serves clients worldwide, with a particular focus on Europe, Asia, and North America. The company's regulatory compliance allows it to operate in multiple jurisdictions, catering to a global clientele.

Compliance History

FX Returns has maintained a clean compliance history, with no significant regulatory breaches reported since its establishment. This track record enhances its reputation as a trustworthy broker.

5. Competitive Landscape

3-5 Main Competitors

FX Returns competes with several notable brokers in the forex trading space, including:

  • IG Group
  • Interactive Brokers
  • OANDA
  • Saxo Bank
  • eToro

Positioning in the Industry

FX Returns positions itself as a customer-centric broker, focusing on providing a user-friendly trading experience, competitive pricing, and a wide range of educational resources. This strategy helps differentiate it from competitors.

Market Differentiation Factors

Key differentiation factors for FX Returns include its comprehensive educational offerings, a robust trading platform, and a commitment to regulatory compliance, which together foster a secure and supportive trading environment for clients.

In summary, FX Returns Company has established itself as a reputable player in the forex trading industry since its founding in 2010. With a strong regulatory framework, a diverse range of trading services, and a commitment to customer education, it continues to attract a growing base of traders globally. For more information about FX Returns and its offerings, learn more.