TempestForex

Based on its regulatory profile and WikiFX assessment, TempestForex exhibits significant reliability concerns. The broker carries a low overall WikiFX score of 1.36, reflecting fundamental weaknesses across key operational metrics. Most critically, it operates without any valid regulatory oversight from recognized financial authorities. This absence of formal supervision, combined with a short operational history of 2-5 years, results in a high-risk profile for traders, as client funds are not afforded standard protections like segregation or compensation schemes.

No, TempestForex is not regulated. According to WikiFX data, the broker holds no valid forex trading licenses from authoritative bodies. Its registration in the United Kingdom is separate from being authorized and supervised by the UK's Financial Conduct Authority (FCA). This lack of credible regulatory oversight means its operations are not subject to the stringent rules concerning client fund safety, dispute resolution, or operational transparency that characterize licensed brokers.

The minimum deposit requirement for TempestForex is not publicly disclosed. Information regarding account funding thresholds, which is standard for most brokers, is not available on its platform details.

Information regarding the specific trading platforms supported by TempestForex, including whether it offers MetaTrader 4 (MT4) or MetaTrader 5 (MT5), is not currently available. Prospective traders would need to verify platform options directly with the broker.