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Is FX-Citizen a Scam or Not? Detailed FX-Citizen Review, which is a must read before you trade with this Forex broker. Read all FX-Citizen pros and cons, full description of trading accounts, platforms, spreads, promotions.
Is FX-Citizen a Scam or Not? Detailed FX-Citizen Review, which is a must read before you trade with this Forex broker. Read all FX-Citizen pros and cons, full description of trading accounts, platforms, spreads, promotions.

Operating status: SCAM

Website: https://fxcitizen.com/

Broker violations and abnormal records
  • Jun 19, 2021 BrokersView has reviewed that FX Citizen is an unregulated forex broker
    FX Citizen claims to be regulated by VFSC, but currently it's actually not regulated by any financial regulator when we checked on VFSC. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.
    FX Citizen claims to be regulated by VFSC, but currently it's actually not regulated by any financial regulator when we checked on VFSC. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.
  • Oct 14, 2025 BrokersView has identified that FX Citizen's website is currently offline

    BrokersView found that the domain "https://fxcitizen.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

    BrokersView found that the domain "https://fxcitizen.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

Related Complaints

Q&A

FX Citizen is a regulated broker, right??

jbmaverick
Wallis and Futuna
Mar 28, 2023
ANSWER FX Citizen is an unlicensed broker even though it states offers that look too good to be true.FX Citizen, also known as Universal Citizen, presents no details about its regulations. Lacking regulatory information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their certificates and licenses in a prominent position. It is a red flag here.More importantly, three famous regulatory bodies issued warnings against this broker for offering financial services without authorization and regulations, including:1) The New Zealand Financial Markets Authority (FMA), and you can check the full warning from here;2) The Hong Kong Securities And Futures Commission(SFC), and you can check the full warning from here;3) The Italy Commissione Nazionale per le Società e la Borsa (CONSOB), and you can check the full warning from here.Regarding your question, FX Citizen is not a regulated broker. Letting this broker hold and control investors' funds or trading with them is very risky, since there are no safeguards in place to prevent fraud or theft. Therefore, we would suggest investors stay away from such unlicensed brokers as FX Citizen and trade with fully regulated brokers.
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Risk Warning

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.