FXPLUS LLC has been flagged by Financial Services Agency for "Unregistered/Unlicensed entity offering financial products or services". 1. Location of office or Address
Georgia, Tbilisi, Krtsanisi district, Nino and Ilia Nakashidze St., N 1, (Avlevi block), flat N3, building N3
2. Content, etc. of Business
Intermediation of OTC derivatives transactions on the internet without the statutory registration in Japan
3. Notes
The nam... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I requested my data from FXPLUS LLC under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Economic calendar|Easy withdrawals|Low minimum deposit
Cons: Alert system is basic|No live chat on mobile
The spread at FXPLUS LLC is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after a friend recommended them and initially thought the platform was good - until I started trading seriously.
Pros: Copy trading available|Good mobile app
Cons: No crypto staking
After doing some research AFTER the fact (I know, I should have done this first), I discovered that FXPLUS LLC is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Pros: Initially responsive customer service
Cons: No regulatory oversight|Money disappeared|Fake testimonials
After spending for a few weeks now trying to make FXPLUS LLC work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Wide product range|Two-factor authentication|Transparent fees|Fast execution
Cons: Wait times can be long during peak hours|Limited social trading features
FXPLUS LLC changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Instant funding|Demo account available|Responsive team|Good mobile app
Cons: No dark mode on mobile|No integrated tax optimization
I trusted FXPLUS LLC with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Fast support response|Customizable dashboard
Cons: Alert system is basic
The platform itself is okay, but the customer service at FXPLUS LLC is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Responsive team|Great customer service|Smooth onboarding
Cons: Inactivity fee applies after 12 months
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that FXPLUS LLC has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Flagged by Financial Services Agency|Cannot verify credentials
After for about eight months with FXPLUS LLC I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Real-time alerts|Fast deposits|Good analytical tools|Social trading features
Cons: No fractional shares
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Cons: Flagged by international regulators|Due diligence required