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FX Corp Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.fxcorp.c..., the company's legitimate regulatory information AustraliaASICMarket Maker (MM) to enhance the security of the company's address Level 14 1 Castlereagh Street Sydney, NSW, 2000 Australia

FX Corp Forex Broker

Basic Information

Registered Region

Australia

Operating Period

Company Name

FX Corp Pty Ltd

Abbreviation

FX Corp

Company employee

Contact Number

+610280769535

Company Website

http://www.fxcorp.com.au/

Company Address

Level 14 1 Castlereagh Street Sydney, NSW, 2000 Australia

https://au.linkedin.com/company/fx-corp

Keywords

10-15 years

Regulated in Australia

Market Maker (MM)

Suspicious Scope of Business

High potential risk

Company profile

AspectInformationRegistered Country/AreaAustraliaFounded Year5-10 years agoCompany NameFX Corp Pty LtdRegulationRegulated in Australia by ASICMinimum DepositNot specifiedMaximum LeverageNot specifiedTransaction FeesTransaction fees vary based on the type of transfer and payment network used (e.g., $60 for SWIFT transfers)Trading PlatformsNo trading software availableProductsSpot contracts, Forward Exchange Contracts (FECs)Account TypesNot specifiedCustomer SupportPhone support available, physical office in Sydney, AustraliaGeneral Information of FX Corp FX Corp is a regulated financial services provider offering a range of foreign exchange solutions to individuals and businesses. With its headquarters in Sydney, Australia, the company operates under the regulatory oversight of the Australia Securities & Investment Commission (ASIC). For individuals, FX Corp facilitates international payment services for various purposes, including real estate transactions, luxury goods purchases, investments, inheritance management, overseas income handling, and mobile payments. Their goal is to provide efficient and secure solutions for conducting international transactions in these areas. For businesses, FX Corp specializes in commercial foreign exchange services, catering to diverse industries. Whether it's a small online retailer or a growing global company. FX Corp offers a range of foreign exchange products to align with businesses' goals and requirements. These include spot contracts, which involve immediate purchase or sale of foreign exchange at prevailing rates, and forward exchange contracts (FECs).Pros and ConsProsConsRegulated by the Australia Securities & Investment Commission (ASIC)Risk alert associated with the brokerOffers international payment services and foreign exchange solutionsNo information provided about trading softwareTailored payment processesIs FX Corp Legit? FX Corp Pty Ltd, also known as FX Corp, is a regulated entity. It is regulated by the Australia Securities & Investment Commission (ASIC) in Australia. The company holds a full license under the authority of ASIC with the license number 459050. The license was granted to FX Corp Pty Ltd on October 30, 2014.International Money Transfers FX Corp's international transfer service is available in 60 currencies for over 80 international/regional locations worldwide, with payments to most countries/regions taking 1-2 business days. There are two most common payment networks in the global payments arena, the SWIFT and the Automated Clearing House (ACH), with the former requiring a $60 transaction fee.Commercial FX Corp offers commercial foreign exchange solutions for businesses operating in various industries, ranging from small online retailers to fast-growing global companies. They understand the challenges faced by businesses expanding geographically and aim to provide tailored and modernized payment processes to meet their needs. To support businesses in achieving their goals, FX Corp operates at the forefront of the foreign exchange services landscape. They have extensive experience working with businesses in different industries, similar to the ones they serve. By leveraging their expertise, FX Corp can enhance and improve the existing setup of businesses, helping them optimize their foreign exchange capabilities. FX Corp's dedicated relationship managers play a crucial role. These managers keep businesses updated on the latest developments in foreign exchange and ensure that their FX capabilities remain adaptable to changing market conditions. They offer insights, advice, and support that are critical for the success of businesses' expansion plans into new markets.FX Corp Personal FX Corp provides international payment services for individuals buying and selling real estate, buying and selling luxury goods, investments, inheritance, overseas income, mobile, etc. The personal services offered by FX Corp focus on providing international payment solutions for individuals. These services cater to various needs such as buying and selling real estate, buying and selling luxury goods, managing investments, handling inheritances, managing overseas income, and facilitating mobile payments. FX Corp Products FX Corp offers a range of foreign exchange products to align with businesses' specific goals and requirements. These products can be utilized simultaneously for different projects based on factors such as profit margin or time to completion. It is important for finance teams, who often face time constraints and pressure to meet reporting and accounting deadlines, to carefully consider FX transactions and products. FX Corp specialists are available to assist finance teams in selecting suitable FX products while ensuring they can manage their other responsibilities effectively. By leveraging FX Corp's resources and experience, businesses can choose products that maximize their chances of success and minimize the impact of unfavorable currency movements. Spot Contracts: One of the basic and commonly used FX products is the spot contract. Spot payments involve a binding obligation to buy or sell a specific amount of foreign exchange for fast delivery. These transactions are conducted at the prevailing live spot rate and typically settle within two business days. Forward Exchange Contracts (FECs): FX Corp also offers forward foreign exchange contracts (FECs), which allow businesses to “lock in” an exchange rate for a specific date in the future. The forward rate for an FEC is calculated based on the current spot rate, time to maturity, and the interest rate differential between the two currencies involved. FECs provide businesses with greater certainty for forecasting costs or profits without the need to pre-purchase currency and deplete their cash flow. While a deposit may be required, the full payment of the contract amount is not necessary until the maturity date. Customer Support FX Corp provides customer support through various channels. The primary contact method is through phone, and customers can reach their customer support team at the phone number 02 8076 9535. This phone support allows customers to directly communicate with FX Corp's representatives to address their inquiries, concerns, or seek assistance regarding their services. Additionally, FX Corp has a physical office located in Sydney, Australia. The office is situated at Level 14, 1 Castlereagh Street, Sydney, NSW, 2000. Customers can visit the office in person if they prefer face-to-face interactions or have specific needs that require an in-person meeting.

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How to login to FX Corp?

fx corp Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a fx corp Account Registering for an account on the fx corp platform is a straightforward process that allows you to access a variety of trading services. Heres a

FX Corp Forex Broker - Complete Information Guide

1. Broker Overview

FX Corp, also known as FX Corp Pty Ltd, was established in 2013. The company is headquartered at Level 14, 1 Castlereagh Street, Sydney, NSW, 2000, Australia. FX Corp operates as a private entity, providing services primarily in the foreign exchange (forex) market. The broker caters to a diverse clientele including individual retail traders and institutional clients, offering a range of forex and CFD trading options.

Over the years, FX Corp has developed its operations significantly, marking milestones such as obtaining regulatory licenses and expanding its service offerings. The broker's business model focuses on retail forex trading, providing clients with the necessary tools and platforms to engage in currency trading effectively.

As a forex broker, FX Corp is involved in various trading activities, including spot contracts, forward contracts, and options trading. This multi-faceted approach allows the broker to address the needs of different market participants, whether they are individual traders or larger institutions seeking forex solutions.

2. Regulatory and Compliance Information

FX Corp operates under the regulatory oversight of the Australian Securities and Investments Commission (ASIC) and the Australian Transaction Reports and Analysis Centre (AUSTRAC). The regulatory license number for FX Corp is 459050, which allows the broker to deal in and provide advice regarding foreign exchange contracts and derivatives.

The license is valid under the stringent regulations imposed by ASIC, which require compliance with various financial obligations, including solvency and liquidity requirements. FX Corp is committed to maintaining client fund security by implementing a segregation policy, ensuring that client funds are held separately from the broker's operational funds.

In addition to its regulatory obligations, FX Corp adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures. These protocols are designed to protect both the broker and its clients from fraudulent activities and ensure that all transactions are conducted within legal frameworks.

3. Trading Products and Services

FX Corp offers a wide array of trading products, primarily focusing on forex pairs. The broker provides access to numerous currency pairs, including major, minor, and exotic pairs, catering to the diverse trading strategies of its clients. Additionally, FX Corp offers Contracts for Difference (CFDs) on various asset classes, including indices, commodities, stocks, and cryptocurrencies.

The range of available instruments is regularly updated, with new products introduced to meet market demands. FX Corp also provides retail trading services that empower individual traders with the resources they need to succeed in the forex market. Furthermore, institutional clients can benefit from tailored services that include liquidity provision and risk management solutions.

For those interested in white label solutions, FX Corp may provide options that enable other businesses to offer trading services under their brand. Asset management services are also available, allowing clients to leverage the expertise of FX Corps trading professionals.

4. Trading Platforms and Technology

FX Corp supports the widely-used MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are known for their robust trading capabilities and user-friendly interfaces. Additionally, FX Corp has developed its proprietary trading platform, which is designed to offer a seamless trading experience for both novice and experienced traders.

The broker also provides a web-based trading terminal that allows clients to access their accounts and trade without the need for software installation. For mobile traders, FX Corp offers a mobile application compatible with both iOS and Android devices, ensuring that clients can trade on the go.

In terms of execution models, FX Corp employs an ECN (Electronic Communication Network) and STP (Straight Through Processing) model, which facilitates direct market access and enhances trade execution speed. The broker's technical infrastructure is supported by servers located in strategic data centers, ensuring minimal latency and reliable connectivity.

FX Corp also offers API access for automated trading, allowing clients to implement algorithmic trading strategies effectively.

5. Account Types and Trading Conditions

FX Corp provides several account types to accommodate the varying needs of its clients. The standard account requires a minimum deposit of $2000, offering competitive spreads starting from 0.7 pips. For more advanced traders, FX Corp offers an ECN account, which also requires a $2000 initial deposit and provides direct access to interbank liquidity.

The broker allows leverage ratios that can reach up to 1:400, depending on the account type and asset class. Clients can trade with a minimum lot size of 0.01, which is suitable for both new and experienced traders. Additionally, FX Corp offers overnight financing policies, commonly referred to as swap rates, which apply to positions held overnight.

For clients interested in practicing their trading strategies, FX Corp provides a demo account option, allowing traders to familiarize themselves with the trading platform and market conditions without risking real capital.

6. Fund Management

FX Corp supports a variety of deposit methods, including bank transfers and credit/debit cards. The minimum deposit requirement varies based on the account type, with the standard account requiring a minimum of $2000. Deposits are processed promptly, typically within one business day, allowing clients to start trading quickly.

The broker does not charge deposit fees, making it cost-effective for clients to fund their trading accounts. Withdrawal options are similarly diverse, with clients able to withdraw funds through bank transfers. However, FX Corp may impose withdrawal fees depending on the method chosen, and processing times for withdrawals can vary, typically taking up to five business days.

FX Corp emphasizes transparency in its fee structure, ensuring that clients are aware of any applicable charges before they initiate transactions.

7. Customer Support and Educational Resources

FX Corp offers customer support through multiple channels, including phone, email, and online chat. The support team is available during business hours, covering various time zones to assist clients from different regions. The broker provides multi-language support, catering to a global clientele.

To enhance trader knowledge and skills, FX Corp offers a range of educational resources. These include webinars, tutorials, and eBooks that cover fundamental and technical analysis, trading strategies, and market insights. Additionally, FX Corp provides market analysis services, delivering daily reports, news updates, and research materials to keep traders informed.

The broker also offers trading tools such as calculators and economic calendars to aid clients in their trading decisions.

8. Regional Coverage and Restrictions

FX Corp primarily serves clients in Australia and various international markets. The broker has established a regional presence, with offices in key locations to support its global operations. However, FX Corp does not accept clients from certain jurisdictions, including countries with strict regulatory environments that may prohibit offshore trading activities.

Specific restrictions may apply based on local laws, and potential clients are encouraged to check the brokers website or contact customer support for detailed information regarding their eligibility to open an account.

In conclusion, FX Corp presents itself as a forex broker with a comprehensive range of services and products designed to meet the needs of both retail and institutional clients. However, prospective traders should conduct thorough research and consider the regulatory status and operational transparency of the broker before engaging in trading activities.

FX Corp Forex Broker has an overall rating of 6.92, Regulatory Index 8.11, License Index 7.97, Business Index 8.04, Software Index 7.30 Risk Control Index 0.00.

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