ENTFOREX foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.entforex.com/createreal, about the company's legal and temporary regulatory information, the company's address WARLIES PARK HOUSE HORSESHOE HILL WALTHAM ABBEY ESSEX UNITED KINGDOM EN9 3SL.
EntForex, officially known as Ent Investments Ltd, was established in 2022. The company claims to be headquartered in Waltham Abbey, Essex, United Kingdom, specifically at Warlies Park House, Horseshoe Hill, EN9 3SL. It operates as a private entity, and while it presents itself as a forex trading platform, it has been flagged for lacking proper regulatory oversight.
The primary market for EntForex includes retail forex traders, and its clientele reportedly spans various regions, although specific demographics are not clearly defined. The company has undergone branding changes, previously known as EntForex Global Markets, and has operated under different trading names, such as onsfx19.com. This history raises questions about its credibility and stability.
EntForex's business model focuses on providing retail forex trading services, including access to various trading instruments. However, the absence of a clear operational history and regulatory backing poses significant concerns for potential clients. The EntForex broker aims to attract customers with promises of competitive trading conditions, yet the lack of transparency in its operations is alarming.
EntForex operates without any valid regulatory licenses, which is a major red flag for potential investors. The Financial Conduct Authority (FCA) of the United Kingdom has issued warnings against the broker, indicating it is unauthorized to provide financial services. This lack of regulation means that clients' funds are not safeguarded under any investor compensation schemes.
The company does not provide information regarding the segregation of client funds, which is a standard practice among regulated brokers to protect clients' capital. Furthermore, it lacks a clear Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance framework, which are essential for ensuring the legitimacy of financial transactions.
EntForex claims to offer a diverse array of trading products, including:
The frequency of product updates and the introduction of new trading instruments remain unclear, which can be a concern for traders looking for innovative offerings. The broker provides retail trading services primarily but does not seem to cater to institutional clients or offer white-label solutions.
The EntForex broker promotes its platform as having competitive spreads and no commissions, yet these claims lack transparency and detailed explanations, which are crucial for traders to make informed decisions.
EntForex supports the MetaTrader 5 (MT5) trading platform, a widely recognized tool among forex traders. Here are some key features:
The technical infrastructure, including server locations and API access for automated trading, is not detailed, which can hinder traders looking for robust trading solutions.
EntForex does not clearly outline its account types, which is a significant drawback. Here are some points regarding its account offerings:
EntForex provides various methods for fund management, albeit with some limitations:
The EntForex broker does not provide sufficient transparency regarding its fund management practices, which is a significant concern for potential clients.
EntForex offers several customer support channels:
EntForex claims to operate in various markets, but specific details are sparse:
In summary, the EntForex broker presents itself as a forex trading platform with a broad range of products and services. However, the lack of regulation, transparency, and detailed information raises significant concerns for potential investors. It is crucial for traders to conduct thorough research and consider the risks associated with trading with an unregulated broker like EntForex.
太阳30545
Tunisia
What a surprise, the customer support called me 2 minutes after I signed up for their Demo account. He was just checking if everything is OK about my verification process. Salute!!
Positive
2022-12-19