FSRCGX Broker Review

　　

FSRCGX 2025 Review: Everything You Need to Know

　　

Summary

　　FSRCGX, a CFD broker, has garnered significant scrutiny due to its questionable legitimacy and lack of regulatory oversight. Most reviews highlight serious concerns regarding its operational integrity, with numerous reports indicating that it may be a scam designed to defraud unsuspecting investors. Key findings include claims of false regulatory affiliations and an inability to process withdrawals, suggesting a high risk for potential users.

　　Note: It is crucial to recognize that FSRCGX operates under different entities across regions, which may affect its credibility. The assessment presented here is based on a comprehensive review of multiple sources to ensure fairness and accuracy.

　　

Rating Box

Category	Rating (out of 10)
Account Conditions	2
Tools and Resources	3
Customer Service and Support	1
Trading Setup (Experience)	2
Trustworthiness	1
User Experience	2
Additional Considerations	3

　　How We Rate Brokers: Ratings are derived from an analysis of user feedback, expert opinions, and factual data from multiple sources.

　　

Broker Overview

　　Established in 2024, FSRCGX operates as a contract for difference (CFD) broker, primarily targeting the forex and cryptocurrency markets. The broker claims to offer a proprietary trading platform, although many reviews suggest it resembles platforms used by known fraudulent entities. FSRCGX provides trading in various asset classes, including forex, commodities, indices, and cryptocurrencies. However, it lacks transparency regarding its regulatory status, with claims of oversight by entities like the Financial Crimes Enforcement Network (FinCEN) and the National Futures Association (NFA) being widely disputed.

　　

Detailed Section

　　

Regulatory Landscape

　　FSRCGX claims to be regulated by FinCEN and the NFA. However, multiple sources confirm that it is not a member of the NFA and lacks the necessary licenses for forex trading. This absence of regulation raises significant red flags, as legitimate brokers are subject to strict oversight to protect investors. The lack of transparency regarding its operational jurisdiction further complicates its credibility.

　　

Deposit/Withdrawal Options

　　FSRCGX supports deposits and withdrawals via traditional methods like bank transfers and credit cards, as well as e-wallets such as Neteller and Skrill. However, user reviews indicate that withdrawal requests are often denied or delayed, with many users reporting that their funds were effectively held hostage under various pretexts, such as alleged taxes or fees.

　　

Minimum Deposit

　　The broker requires a minimum deposit of $200, which is relatively standard in the industry. However, given the numerous complaints regarding fund accessibility, this minimum deposit may be a barrier to entry for many potential traders.

　　

Bonuses/Promotions

　　While FSRCGX does not prominently advertise any bonuses or promotions, the absence of such offerings is not uncommon among brokers with questionable practices. Many fraudulent brokers lure clients with unrealistic promises of high returns, which should be approached with skepticism.

　　

Tradable Asset Classes

　　FSRCGX claims to offer a diverse range of trading products, including forex, commodities, indices, and cryptocurrencies. However, the lack of transparency regarding fees, spreads, and commissions raises concerns about the actual trading costs involved.

　　

Costs (Spreads, Fees, Commissions)

　　The brokers website suggests competitive spreads starting from 1 pip for standard accounts and 0 pips for ECN accounts, but these claims are often met with skepticism due to the overall negative user feedback. Additionally, the hidden fees and lack of clarity surrounding withdrawal processes further diminish trust in the broker's pricing structure.

　　

Leverage

　　FSRCGX offers leverage up to 1:500, which is attractive for traders looking to maximize their positions. However, high leverage comes with increased risk, particularly in an environment where the broker's legitimacy is in question.

　　

Allowed Trading Platforms

　　The broker promotes its proprietary trading platform, which is accessible through web and mobile applications. However, many users have noted that the platform is not user-friendly and resembles those used by other fraudulent brokers, raising concerns about its reliability.

　　

Restricted Regions

　　FSRCGX does not provide services in regions where it may violate local laws and regulations, but it does not specify which areas are restricted. This lack of clarity can be problematic for potential users in those jurisdictions.

　　

Available Customer Service Languages

　　FSRCGX claims to support multiple languages, including English and various Asian languages. However, the effectiveness of customer support has been widely criticized, with many users reporting limited contact options and unresponsive service.

　　

Repeated Rating Box

Category	Rating (out of 10)
Account Conditions	2
Tools and Resources	3
Customer Service and Support	1
Trading Setup (Experience)	2
Trustworthiness	1
User Experience	2
Additional Considerations	3

　　

Detailed Breakdown

• Account Conditions: The minimum deposit is standard, but the withdrawal issues significantly impact user trust.
• Tools and Resources: The proprietary platform lacks user-friendliness and has been associated with fraudulent practices.
• Customer Service and Support: Extremely poor ratings, with many users unable to reach support or resolve issues.
• Trading Setup (Experience): Reports of manipulative trading software and inability to withdraw funds contribute to a negative trading experience.
• Trustworthiness: The lack of regulation and transparency leads to a low trust rating, making it a risky choice for investors.
• User Experience: Overall negative feedback from users indicates a lack of satisfaction with the brokers services.

　　In conclusion, potential investors should approach FSRCGX with extreme caution, as the risks associated with this broker appear to far outweigh any potential benefits.