CTRL FX is a foreign exchange broker established in the United Kingdom on January 30, 2023, mainly offering investors trading services in financial derivatives such as foreign exchange, stocks, futures, energy, precious metals, and cryptocurrencies. This broker does not offer services in jurisdictions where it may contravene local laws or regulations.
Registration Information and Regulatory Status:
According to publicly available information on the CTRL FX official website, its headquarters is located in London, and it is registered with the Financial Crimes Enforcement Network (FinCEN) in the United States, with an MSB number of 31000236051732.
Upon verification, the FinCEN official website shows that the MSB number 31000236051732 corresponds to the business entity CTRL FX GLOBAL LIMITED. However, FinCEN does not regulate the trading of financial derivatives. The Companies House website in the UK lists CTRL FX GLOBAL LIMITED as a registered entity, with the registration number 14626228 and the address at Floor 1, Office 25, 22 Market Square, London, United Kingdom, E14 6BU. The UK Financial Conduct Authority (FCA) does not have any registration information for this entity. Therefore, this broker is unregulated.
Furthermore, the web design and content of this broker's website are identical to those of other broker websites such as DML Markets, Madexu Trade MT5, TNFL FX, ABUSA, Hengtuo Finance, and VTPTRADE.
Account Opening:
To open an account with CTRL FX: Visit the broker's official website, click on "Register" on the homepage or the top right corner of the webpage to enter the account registration page, fill in your email address, set a login password, and submit. Once the application is submitted, the account can be successfully registered.
Trading Account Information:
The CTRL FX official website does not disclose information on spreads, trading leverage, margin call/stop out levels, account types, trading commissions, minimum/maximum trading volume, maximum position/order volume, or minimum price precision.
Trading Platform:
CTRL FX offers users a proprietary trading platform.
Deposits and Withdrawals:
CTRL FX has not clearly published the supported methods for deposits and withdrawals, related fees, or minimum deposit and withdrawal amounts on its official website.
Conclusion:
Traderknows reminds investors that CTRL FX is a forex broker without effective regulation. Users can only contact the broker through email, and the contact method is extremely limited. The design and content of its official website use the same template as those of DML Markets, Madexu Trade MT5, TNFL FX, ABUSA, Hengtuo Finance, VTPTRADE, and other brokers' websites. Traderknows advises investors to choose brokers that are transparent, strongly regulated, and have a good reputation for their investment and trading activities to avoid unnecessary losses to their assets.
Currently, this broker is marked as "Not Regulated" on Traderknows.
