FX Genius is owned and operated by H1 TECH SOLUTIONS LLC, which is regulated in St. Vincent and the Grenadines. However, the site owner does not disclose any information about the history of the project or the date of its creation. As for the domain, it was registered in 2010 in Reykjavik, with a registrar from Iceland. Meanwhile, the broker does not specify the data on licensing, although it emphasizes on legal work. In addition, the site supports 4 languages – English, Danish, Arabic, and Dutch. Finally, the broker’s offices work in the UK and Austria, and phone numbers for contacting clients are registered in Australia, UAE, UK.
Is it possible to trade here profitably and safely? How reliable is the company? We will conduct our own research of the broker’s capabilities and its legality, draw conclusions about the reliability of the platform, and tell you about the results of the analysis.
Trading Conditions
The broker offers clients to trade on its own CFD WebTrader platform, which works without downloading to a device. You can register an account and test the FX Genius terminal with zero deposit. The website is adapted to the browsers of all types of smartphones and other mobile devices. The traded assets include forex, indices, stocks, cryptocurrencies, and commodities.
There are 4 types of accounts available on the website, which are structured by a set of services tied to the size of the client’s initial deposit. Their basic parameters are:
- Basic, from $1,000 – spread from 1.5 pips, leverage 1:200.
- Silver $10,000 – spread from 1.5 points, leverage 1:300.
- Gold $50,000 – spread from 0.8 pips, leverage 1:400, Bonus 10%.
- Platinum $250,000 – spread from 0.8 pips, leverage 1:400, Bonus 20%.
At the first basic account level, the broker provides access to a Forex course for beginners, while at the fourth level, the broker offers portfolio management and exclusive trading strategies. Deposit methods include bank transfers, popular e-wallets, and credit/debit cards.
Traders receive comprehensive educational resources and tools from FX Genius. The site has ticker analytics with asset value information from the TradingView cloud terminal. Tech support is available 24/5, to ask for help, you need to fill out a special form and send a message with a question.
FAQ
Would investing in FX Genius offer the best returns?
It is unlikely that you will be able to make money with an offshore broker on CFD trading, as this type of financial activity is associated with a high level of risk. It is prohibited in countries where there is strict state regulation of similar companies.
Does FX Genius carry out withdrawals?
Judging by the numerous reviews of traders, it is difficult to get your money from the broker, as withdrawal requests are not executed. The company has a low level of trust, it cannot prove that it provides honest services. You can share your own trading experience in the comments.
May I be scammed on fxgenius.com?
The risk of fraud on this site is high: the broker does not have authorization from state authorities to provide financial services in each country, and its employees constantly call potential clients. This is not how real brokerage services operate.
What's the best way to share my experience with FX Genius?
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How can I tell if FX Genius is a fraudulent company?
Do your own research and never believe those who promise you easy money.
12 reviews about FX Genius