Global Broker Regulation Inquiry App
About WikiFX

Score

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

FXIM

New Zealand New Zealand | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

http://www.fx-im.com/

Website

Rating Index

Contact

http://www.fx-im.com/

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!
2

Basic Information

Registered Region
New Zealand
Operating Period
5-10 years
Company Name
NZ FINANCIAL CAPITAL LIMITED
Email
support@fx-im.com
Company Website
Verified Site
Relationship Map
Related Companies
Employees
About Us
Disclosure
Wiki Q&A
Comment

Users who viewed FXIM also viewed..

GO Markets

GO Markets

8.98
Score
Above 20 yearsRegulated in AustraliaMarket Making License (MM)cTrader
GO Markets
GO Markets
Score
8.98
Above 20 yearsRegulated in AustraliaMarket Making License (MM)cTrader
Official Website
Neex

Neex

8.64
Score
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Neex
Neex
Score
8.64
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
Mitrade

Mitrade

8.61
Score
10-15 yearsRegulated in AustraliaMarket Making License (MM)Self-developed
Mitrade
Mitrade
Score
8.61
10-15 yearsRegulated in AustraliaMarket Making License (MM)Self-developed
Official Website
VT Markets

VT Markets

8.68
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
VT Markets
VT Markets
Score
8.68
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website

Verified Site

  • fx-im.com
    103.246.249.126
    Server Location
    New Zealand New Zealand
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Relationship Map

vip Subscribe in the App to unlock!
Download App
vipvip
FXIM

Related Companies

NZ FINANCIAL CAPITAL LIMITED(New Zealand)
New Zealand
NZ FINANCIAL CAPITAL LIMITED(New Zealand)
Deregistered
New Zealand
Registration No.3536634
Est. Date
SourceWebsite Announcement
Employees

Company Profile

Company Profile

Review summary

General Information

FXIM, full name is NZ Financial Capital Limited, is allegedly a global forex trading company based in New Zealand and registered in the British Virgin Islands, claiming to provide its clients with the worlds most popular MetaTrader4 trading platform, leverage up to 500:1, variable spreads on 25 types of forex currency pairs, as well as a choice of four different account types and 24/5 customer support service.

Market Instruments

FXIM advertises that it offers a wide selection of forex currency pairs, a total of 25 types.

Account Types

There are four real trading account types offered by FXIM, apart from demo accounts, namely I-ACCOUNT & DebitCard, I-ACCOUNT, MetaTrader4 Account, MetaTrader4 Account & I-ACCOUNT & DebitCard. Opening a real account requires the minimum initial deposit amount of $1,500. Note that the demo account is only effective for 15 days. If traders want to continue demo accounts, they have to apply again.

Leverage

The maximum leverage ratio provided by FXIM is much higher than most brokers, up to 500:1. The leverage can be changed by contacting support@fx-im.com. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads

Spreads are influenced by what type of currency pairs traders are holding. FXIM reveals that the spreads on the MT4 Account are variable. According to the following screenshot, you will find that the spread for EUR/USD or USD/JYP starts from 1.3 pips.

Spreads

Trading Platform Available

When it comes to trading platforms available,FXIM gives traders the worlds most widely-used MetaTrader4 platform. MT4 is very user-friendly and it allows an independent Expert Advisor (EA) installed in the system to enable automated trading and technical indicators, as well as equipped with 50 technical indicators, outstanding charts and many other convenient functions.

Deposit & Withdrawal

FXIM accepts deposits and withdrawals via I-ACCOUNT and Bank Transfer. The minimum deposit requirement is $1,000, while the minimum withdrawal amount is $250 for wire transfers. However, if you withdraw less than $250, you will have to pay a processing fee of $50 deducted from your account. Note that the broker currently only allows withdrawals into the bank account of the individual making the transaction, and a written withdrawal request must be submitted. Also, some deposit and withdrawal fees will be charged. For I-ACCOUNT, it will charge $3 per transfer, while for Bank Transfer, fees vary depending on different banks. As for the processing time of deposit and withdrawal requests, I-ACCOUNT usually can process within 2 business days, while Bank Transfer requires more time, approximately 4 business days.

Deposit & Withdrawal

Customer Support

FXIM‘s customer support can be reached through email: support@fx-im.com. Company address: Suite 508, 350 Queen Street, Auckland Central, Auckland, 1010, New Zealand. However, this broker doesn’t disclose other more direct contact information like telephone numbers while most brokers offer.

Company Profile

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Can FXIM be considered a credible broker?

Based on WikiFX analysis, FXIM exhibits a high-risk profile that prevents it from being considered a credible brokerage. It holds no verified financial licenses from mainstream regulators, operates under a suspicious business scope, and has received a low overall WikiFX score of 1.54.

In a week
United States

What is the current regulatory status of FXIM?

FXIM currently operates with a 'No Regulation' status. Its parent entity, NZ Financial Capital Limited, is registered in New Zealand but does not hold a valid license from a recognized financial authority such as the FMA, meaning its operations lack formal regulatory oversight.

In a week
United States

When was FXIM established?

FXIM has been operating in the financial markets for an estimated 5 to 10 years, according to WikiFX data.

In a week
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

In a week
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

In a week
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

In a week
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

In a week
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

In a week
United States
View More
Post a Review
Exposure
Exposure
Neutral
Neutral
Positive
Positive

Share your experience

Required...

Submit Now
Write a Review
Customer ServiceDownload AppScroll to TopTOP

Chrome

Chrome Extension

Global Forex Broker Regulation Query

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install

Select Country/Region
United States
※ 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.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com