FXLinked Review (2023)

Is FXLinked a scam or a legit broker?

FXLinked is 100% fraud company. The broker is registered offshore and does not hold any proper license from a well-known reliable financial regulator. We never advise trading with an offshore broker, since the financial investment service they deliver is not trustable. The reason is simple, the broker may promise the most ever competitive trading conditions or the trading environment, yet the trader has no any guarantee from the official entities that oversee the Forex industry. 

FXLinked is an offshore broker that offers trading in Forex, Metals, CFDs, Stocks, Indices and Energies. FXLinked is a trading name of FXLinked LTD, regulated as a Securities Dealer by the Financial Services Authority of Seychelles with license number (SD011) as a financial and monetary intermediary.

About FXLinked

The broker claims to be based in London, UK and the only language the website supports is English, so probably the company has been targeting UK residents. However, FXLinked is not authorised by the UK’s Financial Conduct Authority and so is not allowed to offer its financial services.

There are a lot of offshore-registered brokers out there claiming that offshore registration is a legit thing that allows them to do business in the financial market (Find scam forex brokers by link). However, most of them are simply registered, and not licensed, nor monitored by any governmental agency, which makes those firms the most dangerous places for investing.

We keep reminding traders to exercise caution when dealing with firms that are not registered to trade nor regulated by reliable authorities. Choose among the legit brokers with licenses form respected financial authorities, such as the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC) or the Cyprus Securities and Exchange Commission (CySEC) as they have to follow strict financial and ethical rules. 

Conclusion

Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FP Markets and eToro.

You can also share your trading experience with FXLinked by commenting on this review.

FXLinked website is no longer active.

Account Information

Apart from the forex demo account, this broker offers FXLinked Global Account. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by FXLinked is up to 1: 400. Meanwhile, you can open an account with a starting capital of $10.

Instruments Traded

Besides lots of currency pair, FXLinked also offers some instruments you would like to trade on, such as Forex, CFD, Stocks and Indexes for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for FXLinked Global Account account, FXLinked specifically provides it with the following instruments and leverage:

Payment Methods

Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.

Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.

FasaPay : Known as an e-payment for retail forex traders, FasaPay does not require a huge amount of fee, giving it a competitive edge among any other e-payments in the forex brokerage industry. Instant process is also featured as one of its advantages.

FXLinked also provides payment with Crypto, Litecoin, Ethereum, Crypto Cash and Credit/debit cards

Trading Platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

Hereby, FXLinked offers you MetaTrader 4 and MetaTrader 5.

Customer Support

Do you have any question or find any trouble related to FXLinked? If you do, you should reach FXLinked's support to get the information that you need. Here is the detail of the broker's customer support: