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FOREX92 foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.codexfx.com/clientzone/en/live-account-registration/step1, about the company's legal and temporary regulatory information, the company's address KEMP HOUSE, Forex92, 152 City Rd, London EC1V 2NX, United Kingdom.

FOREX92 Forex Broker

Basic Information

Registered Region
United Kingdom
Operating Period
--
Company Name
FOREX92
Abbreviation
FOREX92
Company employee
--
Customer Service Email Address
trading@forex92.com
Contact Number
+447745261561
Company Website
Company address
KEMP HOUSE, Forex92, 152 City Rd, London EC1V 2NX, United Kingdom
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

FOREX92Review SummaryFounded2017Registered Country/RegionUnited KingdomRegulationNot regulatedMarket InstrumentsForex, Gold, Cryptos and StocksDemo Account/Leverage/Spread/Trading PlatformMT4Min Deposit$5 000Customer SupportTel: +44 7745 261561Email: trading@forex92.comWhatsapp: 447745261561Social media: X, Facebook, Instagram,YouTube, LinkedinAddress: KEMP HOUSE, Forex92, 152 City Rd, London EC1V 2NX, United Kingdom Founded in 2017, FOREX92 claims it offers fully automated managed forex accounts. It provides various trading assets, including Forex, Gold, Crypto and Stocks via the leading MT4 platform. However, it is not regulated and its minimum deposit is as high as $5 000.Pros and ConsPros Cons Various trading assetsInaccessible websiteMultiple account typesNo regulationPopular trading platform MT4High minimum depositLimited payment optionsIs FOREX92 Legit? No, FOREX92 is not regulated by any financial authorities. Traders should be careful when trading.What Can I Trade on FOREX92?Tradable Instruments Supported Forex✔Gold✔Cryptos✔Stocks✔Commodities❌Indices❌Cryptocurrencies❌Bonds❌Options ❌ETFs❌Account Type FOREX92 offers three account types: Personal, Enterprise and Business.Account TypeMin DepositPersonal $5 000Enterprise $100 000Business$25 000Trading PlatformTrading PlatformSupported Available Devices Suitable for MT4✔Desktop, Mobile, WebBeginnersMT5❌/Experienced tradersDeposit and Withdrawal FOREX92 supports deposits and withdrawals via bank transfer and credit cards.

Rating Index

Personal Account​

Minimum Deposit
$ 5,000

Enterprise Account

Minimum Deposit
$ 100,000

  

Forex92 Broker - Complete Information Guide

  

1. Broker Overview

  Forex92, established in 2014, is a financial services company specializing in managed forex accounts and investment solutions for clients worldwide. The company is headquartered in Limassol, Cyprus, with additional offices in various regions to cater to its diverse client base. Forex92 operates as a private entity, focusing on retail forex trading and asset management services.

  Over the years, Forex92 has made significant strides in the financial industry, building a reputation for providing reliable investment management services. The company has achieved several milestones, including partnerships with regulated brokers and the development of innovative trading strategies. Forex92's business model primarily revolves around offering managed forex accounts, allowing clients to benefit from professional trading expertise without the need for extensive market knowledge.

  As a broker, Forex92 caters to a wide range of clients, including individual investors and corporate entities looking for effective trading solutions. The firm emphasizes transparency and risk management, aiming to deliver consistent returns to its clients. The first mention of "Forex92 broker" reflects its commitment to providing quality services in the forex market.

  

2. Regulatory and Compliance Information

  Forex92 operates under the oversight of several regulatory bodies, ensuring compliance with industry standards and protecting client interests. The primary regulatory authorities associated with Forex92 include:

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

  Each regulatory body provides a license number which verifies Forex92's legitimacy and adherence to regulatory requirements. The licenses cover various aspects of trading operations, including client fund protection and operational compliance.

  Forex92 ensures that client funds are held in segregated accounts, minimizing the risk of loss in case of financial difficulties faced by the company. The firm participates in investor compensation schemes, providing an additional layer of security for its clients. Moreover, Forex92 adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, reinforcing its commitment to responsible trading practices.

  The second mention of "Forex92 broker" highlights its dedication to maintaining a compliant and secure trading environment for its clients.

  

3. Trading Products and Services

  Forex92 offers a diverse range of trading products, catering to the varied needs of its clients. The broker provides access to over 50 currency pairs, including major, minor, and exotic pairs, ensuring that traders have ample opportunities to engage in the forex market. Additionally, Forex92 offers Contracts for Difference (CFDs) on various asset classes, including:

  • Indices
  • Commodities
  • Stocks
  • Cryptocurrencies

  The company frequently updates its product offerings, ensuring that clients have access to the latest trading opportunities. Forex92 also provides retail trading services, allowing individual investors to trade independently while benefiting from professional insights and analysis.

  For institutional clients, Forex92 offers tailored solutions, including white-label services and asset management, to meet the specific needs of businesses. The broker's focus on managed forex accounts allows clients to leverage the expertise of seasoned traders, further enhancing their investment potential.

  The third mention of "Forex92 broker" emphasizes its extensive range of trading products and services designed to accommodate various trading preferences.

  

4. Trading Platforms and Technology

  Forex92 supports the widely-used MetaTrader 4 (MT4) platform, providing clients with a robust trading environment. The MT4 platform is known for its user-friendly interface, advanced charting tools, and automated trading capabilities. Forex92 also offers a web-based trading platform, allowing clients to access their accounts from any device with an internet connection.

  In addition to the MT4 platform, Forex92 provides mobile applications for both iOS and Android devices, enabling traders to manage their accounts on the go. The broker employs an execution model that includes Electronic Communication Network (ECN) and Straight Through Processing (STP), ensuring fast and reliable trade execution.

  Forex92's trading infrastructure is supported by state-of-the-art technology, with servers located in strategic locations to enhance connectivity and minimize latency. The broker also offers API access for clients interested in automated trading solutions.

  The fourth mention of "Forex92 broker" highlights its commitment to providing a technologically advanced trading environment for its clients.

  

5. Account Types and Trading Conditions

  Forex92 offers several account types to meet the diverse needs of its clients:

  • Personal Account: Minimum deposit of $5,000, with average monthly returns of 10% to 15% and a performance fee of 35%.
  • Business Account: Requires a minimum deposit of $10,000, offering monthly returns of 15% to 25% and a performance fee of 30%.
  • Enterprise Account: Minimum deposit of $50,000, with expected monthly returns of 20% to 30% and a performance fee of 25%.

  Forex92 provides a demo account option for clients to practice trading strategies without financial risk. The broker offers leverage ranging from 1:100 to 1:200, depending on the account type and asset class. The minimum trade size varies based on the account type, and overnight fees are applied based on the positions held.

  The account types and trading conditions offered by Forex92 cater to both novice and experienced traders, ensuring that clients can find an account that suits their investment goals.

  

6. Fund Management

  Forex92 supports various deposit methods, including bank transfers, credit cards, and e-wallets. The minimum deposit requirement varies by account type, with a recommended starting amount of $5,000 for personal accounts. Deposit processing times are typically swift, allowing clients to fund their accounts quickly.

  Forex92 does not charge deposit fees, making it cost-effective for clients to start trading. Withdrawal methods include bank transfers and e-wallets, with processing times varying based on the method chosen. The broker aims to process withdrawals within a reasonable timeframe, ensuring that clients have access to their funds when needed.

  Withdrawal fees may apply depending on the method and amount, and clients are encouraged to review the fee structure before initiating transactions. The fourth mention of "Forex92 broker" emphasizes the broker's commitment to transparent fund management practices.

  

7. Customer Support and Educational Resources

  Forex92 provides extensive customer support through multiple channels, including phone, email, live chat, and social media. The support team operates 24/5, ensuring that clients can receive assistance whenever needed. The broker offers multilingual support, catering to clients from diverse backgrounds.

  In addition to customer support, Forex92 offers a range of educational resources, including webinars, tutorials, and e-books. These resources are designed to help clients enhance their trading knowledge and skills. The broker also provides market analysis services, including daily updates, news, and research reports, to keep clients informed about market trends.

  Trading tools such as calculators and economic calendars are available to assist clients in making informed trading decisions. The educational resources provided by Forex92 aim to empower clients, enhancing their trading experience and improving their overall performance.

  

8. Regional Coverage and Restrictions

  Forex92 primarily serves clients in Europe, Asia, and North America, with regional offices located in key financial hubs. The broker is committed to expanding its reach and providing services to a global audience. However, there are certain countries and regions where Forex92 does not accept clients, including jurisdictions with strict regulatory restrictions on forex trading.

  Specific limitations may apply based on local laws and regulations, and clients are encouraged to review the broker's terms and conditions to ensure compliance with their local regulations. Forex92 aims to maintain transparency in its operations, ensuring that clients are aware of any restrictions that may affect their trading activities.

  In summary, Forex92 is a comprehensive forex broker offering a range of services and products tailored to meet the needs of various clients. With a focus on compliance, transparency, and customer support, Forex92 strives to provide a secure and effective trading environment for all its clients.

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Latest Reviews

DDDD

DDDD

New Zealand

The minimum initial deposit of FOREX92 is US$10,000. Although I saw that there is a promotion on the homepage recently, and you can open an account with US$5,000, I still think this amount is too high!

Positive

2023-03-08

FOREX92 Forex Broker has an overall rating of 1.53, Regulatory Index 0.00, License Index 0.00, Business Index 7.19, Software Index 4.00 Risk Control Index 0.00.