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Score

0 1 2 3 4 5 6 7 8 9
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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

TARGETFX

Saint Lucia Saint Lucia | 2-5 years |
ECN Account Questionable Regulatory License | White label MT5 | Global Business | High Potential Risk

https://www.targetfx.com/

Website

Rating Index

MT4/5 Verification

MT4/5

White Label

TargetFX-Live

Germany
Germany
MT5
9

Influence

D

Influence Index NO.1

India India 2.87

MT4/5 Verification

MT4/5 Verification

White Label

9
Server Name
TargetFX-LiveMT5
Server LocationGermanyGermany

Influence

Influence

D

Influence Index NO.1

India India 2.87
Surpassed 19.30% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+44 7400459790
https://www.targetfx.com/
Ground Floor, La Place Creole Building, Rodney Village, Gros-Islet, Saint Lucia.

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region
Saint Lucia
Operating Period
2-5 years
Company Name
TargetFX Limited
Email
support@targetfx.com
Contact Number
+447400459790
Account Info
Related Personnel
Business Region
Verified Site
Relationship Map
Related Companies
Employees
About Us
Disclosure
News
Wiki Q&A
Comment
MT4/5
White Label MT5
White Label MT5
0
MT4 Servers
1
MT5 Servers
201.00
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Average Execution Speed/ms

Properly licensed MetaTrader brokers provide robust systems and continuous support, backed by mature operations, advanced technology, and strong risk controls.

Meta Trader 5
Meta Trader 5
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Official Website

Verified Site

  • targetfx.com
    88.99.164.225
    Server Location
    Germany Germany
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

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TARGETFX

Related Companies

TARGETFX, INC.(Georgia (United States))
United States
TARGETFX, INC.(Georgia (United States))
Deregistered
United States
Registration No. 0005916
Est. Date
Source Official Statement
Employees

Company Profile

Company Profile

Review summary

TargetFXReview Summary
Founded2019
Registered Country/RegionSaint Lucia
RegulationUnregulated
Market InstrumentsCFDs on Currency Pairs, Spot Metals, Cryptocurrencies, Spot Energies, Indices, and Shares
Demo Account
LeverageUp to 1:500
SpreadFrom 1.5 pips (Standard account)
Trading PlatformMT5
Min Deposit$50
Customer SupportTel: +44 151 528 9797
Email: support@targetfx.com, sales@targetfx.com
Address: Ground Floor, La Place Creole Building, Rodney Village, Gros-islet, Saint Lucia.407,Business Village, Port Saeed, Dubai, UAE

Based in Saint Lucia, TargetFX is an unregulated forex broker that was established in 2019. TargetFX provides various financial products to trade via the MT5 platform, including CFDs on Currency Pairs, Spot Metals, Cryptocurrencies, Spot Energies, Indices, and Shares. Demo accounts are available and the minimum deposit requirement to open a live account is as low as $50.

TargetFX's homepage

Pros and Cons

ProsCons
Various trading optionsNot regulated
Demo accountsUnspecified withdrawal fees
Multiple account types
Commission-free accounts offered
MT5 supported
Popular payment options
Low minimum deposit

Is TargetFX Legit?

No, TargetFX is not regulated by any reputable financial body. Please be aware of the risk!

No license

What Can I Trade on TargetFX?

TargetFX offers 270 trading instruments amongst 6 asset classes, including CFDs On Currency Pairs, Spot Metals, Cryptocurrencies, Spot Energies, Indices, and Shares.

Spot Metals: Gold, Silver, And Platinum.

Spot Energies: UK Brent Oil, US Crude Oil, US natural gas etc

Shares: Trading online in Malaysia on popular shares like Amazon, Apple, and Facebook.

Indices: The FTSE 100, Dow Jones, The DAX, NASDAQ 100, Nikkei 225, CAC 40, etc.

Tradable Instruments Supported
CFDs
Currency Pairs
Spot Metals
Cryptocurrencies
Spot Energies
Indices
Shares
Bonds
Options
ETFs
What Can I Trade on TargetFX?

Account Type

TargetFX offers three accounts to choose from, including Standard, PRO and ECN accounts.

Account TypeMin Deposit
Standard$50
Pro$2,000
ECN$5,000
Account comparison

Besides, it also sets up demo accounts for traders to practice trading with virtual credit.

Leverage

TargetFX provides leverage up to 1:500 for all account types. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spread and Commission

TargetFX offers different spreads and commissions according to different account types.

Account TypeSpreadCommission
StandardFrom 1.5 pips
ProFrom 1 pip
ECNRaw$8

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5Windows, Android and IOSExperienced traders
MT4/Beginners

Deposit and Withdrawal

TargetFX accepts Bank transfer and e-payment like Skrill, Neteller and Cryptos as payment methods. TargetFX charges withdrawal fees based on the chosen method, but not specified.

Payment OptionProcessing Time
Bank transfer3-5 business days
e-paymentInstant

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • White label MT5
  • Global Business
  • High Potential Risk

News

TargetFX Regulation: Is This Broker Regulated and Safe?

Exposure TargetFX Regulation: Is This Broker Regulated and Safe?

Understand TargetFX regulation and safety. This broker is currently unregulated with a low WikiFX score, presenting a high potential risk for Forex traders.

Should You Invest in TargetFX? Let's know about it

Exposure Should You Invest in TargetFX? Let's know about it

TargetFX is a forex broker that appears almost perfect, attracting traders eager to invest with it. However, this is the real-life story of a user who ultimately became a victim. Let’s explore what happened to them and uncover the risks involved.

Wiki Q&A

How safe is trading with TARGETFX?

TARGETFX is a high-risk, unregulated entity that operates without oversight from major financial authorities. This means it is not bound by standard investor protection frameworks such as mandatory segregation of client funds.

04-02
United States

What is the license number of TARGETFX?

TargetFX Limited does not hold any verified, mainstream forex trading licenses from globally recognized regulatory bodies.

04-02
United States

Where is TARGETFX registered?

TargetFX Limited is registered in Saint Lucia and has been in operation for between two to five years. The broker offers a selection of trading accounts including Standard, Pro, and ECN, with minimum deposits starting from $50 and maximum leverage advertised up to 1:500.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

¿Cómo determinar si un bróker está regulado?

Para determinar si un bróker está regulado, es fundamental verificar si posee una licencia financiera válida. Los inversores pueden comprobar el número de licencia y su estado en los sitios web oficiales de organismos supervisores como la Financial Conduct Authority (FCA) o la Australian Securities and Investments Commission (ASIC) para confirmar su autenticidad y vigencia. También debe tenerse en cuenta que algunos brókers pueden incurrir en clonación de licencias o prestación de servicios fuera de las jurisdicciones autorizadas, lo que implica riesgos adicionales. Según los datos de WikiFX, el estado regulatorio, los registros históricos y la puntuación de riesgo pueden utilizarse como referencia complementaria.

Two days ago

Apa arti broker memiliki beberapa lisensi regulasi?

Broker yang memiliki beberapa lisensi regulasi biasanya beroperasi di berbagai yurisdiksi dan harus mematuhi persyaratan dari beberapa regulator, yang dapat menunjukkan tingkat kredibilitas operasional yang lebih tinggi. Namun demikian, kekuatan pengawasan setiap lisensi dapat berbeda, terutama lisensi offshore. Disarankan memeriksa lisensi dari regulator utama seperti FCA atau ASIC melalui WikiFX.

Two days ago

¿Cuáles son los organismos reguladores de forex más comunes?

Entre los organismos reguladores más comunes se encuentran la Financial Conduct Authority (FCA), la Australian Securities and Investments Commission (ASIC), la Commodity Futures Trading Commission (CFTC), la Securities and Exchange Commission (SEC), la Cyprus Securities and Exchange Commission (CySEC) y la Monetary Authority of Singapore (MAS). Estos organismos suelen aplicar estándares regulatorios estrictos. En WikiFX es posible consultar clasificaciones de brókers según su entidad reguladora.

Two days ago

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

04-02
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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