The world of online trading is full of brokers promising “the best conditions”, “lightning-fast execution”, and “low spreads”. However, is that really the case? Today, we take a closer look at FxErise. This company reveals little about itself, including staying silent on regulation, which makes it highly likely to be a scam with no genuine reviews.
Brief Overview
- 🖥Official Website: https://www.fxerise.com
- ✈️Contact Address: City Approach, 560 City Rd, London
- 📞Customer Support: support@fxerise.com, +44 0203 05846331
- 🔐Licensing and Accreditation: –
- ⏳Track Record: 2024
- 🧰Specialization: brokerage service
- 🤝Terms of Cooperation: $10,000, 1:300
- 💰Additional Services: education
Fxerise.com Examination
The first thing we will do is analyze the company’s official website. If a broker is truly reputable, it will have a high-quality website with all the necessary information and a unique design. If the firm is suspicious or fraudulent, the website will be template-based and low-quality. And at first glance, this seems to be the latter.
This is a classic, soulless, template-based website with no originality or logic. The design is so dull and tasteless that it looks like FxErise slapped it together in one evening using standard free templates.
There is too much meaningless text. The descriptions are abstract, empty, and written in the style of “we provide the best trading conditions” or pseudo-benefits. There are no details about regulation, the company’s founding date, or any other aspects of the platform’s operations.
Another major drawback is that the website is only available in English. This immediately suggests that FxErise does not care about localization and is simply trying to attract as many gullible users as possible worldwide. They did not even bother adding Google Translate — it is clear they simply do not care. You can see social media logos, but they are not clickable! This means the company is implying it has social media accounts, but in reality, they do not exist.
A lot of pomp, zero specifics, terrible design, useless text, and stock images. In short, a typical website of a company that does not plan to provide serious, long-term services to traders. Most likely, they launched for a quick scam, which is why they did not invest time or resources into the website.
Company Contacts
Now, let’s check what contact details FxErise provides. After all, if a company is legitimate, it should have proper communication channels, right? There should be customer support, a real address, and a working phone number. But if this is a scam, the contacts will either be fake or impossible to reach.
A quick check revealed that their email does not exist. It is fake. As mentioned earlier, the social media logos on the site are just images — no actual accounts have been created. In other words, they are nothing more than placeholders. There is no online chat either. That is the final verdict. In 2024, even small firms add a chat button to their websites so customers can ask questions.
Key Conditions
FxErise’s trading conditions are also far from favorable. The company offers traders three types of accounts, all with massive minimum deposit requirements. To open an account, you need to deposit at least $10,000. This is absurd, considering that reputable and customer-oriented brokers allow deposits starting from $10–$100 or at least offer cent accounts. However, here, it is a mandatory $10,000 right away. So, if you just want to try it out — forget about it. Either deposit a huge amount immediately and pray you do not get scammed, or walk away. The question is: why is FxErise so confident in its company that it demands such a sum upfront? Perhaps because withdrawing funds later will be impossible?
The 1:300 leverage might seem attractive at first glance. It looks like an opportunity to grow your deposit to the skies. However, here is the problem — regulators worldwide have long banned such high leverage. In Europe and the U.S., the maximum leverage for retail traders is 1:30. In Australia, it is 1:50, but here, it is 1:300. This is not just risky — it is a clear signal that the broker does not operate under proper regulations and does not comply with any oversight authorities. In other words, if FxErise disappears tomorrow, there will be no one to complain to.
The entire website is filled with pompous statements about “low spreads” and “no hidden fees”. However, where are the numbers? Where are the specifics? Nowhere. There is no open list of spreads, no details on trading fees or deposit/withdrawal charges, and nothing about swaps or hidden payments.
Overall, it looks like we are dealing with a typical dealing desk operating illegally. The company deliberately demands a large deposit and offers enormous leverage so that clients lose their money faster while taking on significant risks.
Exposing FxErise
There is little doubt left that this is just another fraudulent broker. However, to be 100% certain, we need more serious evidence — such as the absence of a license, issues with legal documentation, operational history, and so on.
If the broker is genuinely operating in the United Kingdom, it is required to obtain authorization from the FCA, the main financial regulation, but here’s the problem: there is no record of FxErise in the FCA database. The check confirmed that this broker is not registered, does not have a license, and does not comply with any regulations. And that means only one thing — if they drain your funds or block withdrawals, you will have nowhere to file a complaint. You will simply be left without money and without any rights.
FxErise claims to be registered in the United Kingdom, but this is a blatant lie. A proper verification showed that no company with this name exists in the UK’s legal registry (Companies House). This means the address they provided on their website is fake. They could claim to have an “office in central London” or even a “headquarters in the Burj Khalifa” — it would not change reality. They do not exist there.
In short, the firm is not registered at the address it boasts about. In fact, it is unlikely to be registered as a legal entity at all. And that means there is no way it could have a license, but that is not all. There is one more crucial point to mention — their operational history.
FxErise tries to present itself as a successful and long-established company, but a domain check revealed that the website was registered on October 31, 2024. In other words, this is a newly created firm that has not even been around for a year! Brokers like this often follow the same scheme: they launch a website, collect money from unsuspecting clients, and then simply disappear. A few months later, they can create a new website under a different name and repeat the process all over again.
What Reviews Do Users Leave?
We tried to find reviews about FxErise but found nothing. There are no online comments from people who have actually traded here. It seems unlikely that anyone has ever used this platform at all. The broker has not even posted fake positive reviews — although they could easily start doing so at any time. Either way, this is yet another red flag, and it is best to stay far away from such a platform.
Conclusions
As expected, this is just another fraudulent broker that cannot be trusted with money. FxErise operates without a license or official registration, and its operational history is extremely short. In short, there are too many red flags, and we strongly recommend not even considering opening a brokerage account here.
Pros/Cons
- A swap-free option is available.
- The broker provides fake contact details and addresses.
- Licenses from serious regulators have not been obtained.
- Requires an initial deposit of $10,000.
- No online reviews.
These are brazen scammers who tried to lure me into their fake platform. Be careful. These fraudsters have no official registration or license – they operate ILLEGALLY! Their website was launched recently, but soon they will abandon it and open a new one under a different name. Remember – do not trust scammers like this!