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FXFellow

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Operating status: SCAM

Website: https://www.fxfellow.com/en

Broker violations and abnormal records
  • Dec 04, 2022 BrokersView has Reviewed that FXFellow is an Unregulated Broker

    FXFellow claims to be a trading name of Notesco Limited, a company registered in Bermuda with registration number 51491. However, as per relevant law, The Bermuda Monetary Authority (BMA) regulates Bermuda's financial services sector, which supervises, regulates, and inspects financial institutions operating in the jurisdiction. But we did not find any match results to FXFellow or Notesco Limited in BMA. The truth is, FXFellow is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. Therefore, it is a scam.



    FXFellow claims to be a trading name of Notesco Limited, a company registered in Bermuda with registration number 51491. However, as per relevant law, The Bermuda Monetary Authority (BMA) regulates Bermuda's financial services sector, which supervises, regulates, and inspects financial institutions operating in the jurisdiction. But we did not find any match results to FXFellow or Notesco Limited in BMA. The truth is, FXFellow is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. Therefore, it is a scam.

Related Complaints

Q&A

Is FXFellow a broker using MT5?

maksimgordeevfx
Macedonia
Dec 06, 2022
ANSWER FXFellow is not a licensed or regulated broker even though it states offers that look good to be true.FXFellow claims to be a trading name of Notesco Limited, a company registered in Bermuda with registration number 51491. As per relevant law, The Bermuda Monetary Authority (BMA) regulates Bermuda's financial services sector, which supervises, regulates, and inspects financial institutions operating in the jurisdiction. But we did not find any match results to FXFellow or Notesco Limited in BMA.The truth is, FXFellow is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like FXFellow and trade with licensed brokers.
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5 comments

arthur adams
Astonished by pricing really, no matter what and how much you trade it's 0$ per trade. And just 0.75% advisory fee for a year, not month... it's both secure and affordable to invest here.
Mar 31, 2026
Reply
m_Guerin
the calendar, I mean their economic calendar, is my standard go-to tool. Kinda got it as a habit to check prices impacted the highest and the lowest. The control is conveniently placed, and the changes displayed are relevant, And things get faster for me to track. Especially with the curency and country filetring.Demo was good to when I first started. Currently on my real account, doing eurusd.
Mar 30, 2026
Reply
Tristram Fabre
Le spread moyen pour l’EUR/USD est d'environ 1,7 pips. Ce n’est franchement pas mal, sachant que c’est stable
Mar 23, 2026
Reply
Laurent Rolland
They are licensed by Comoros Authority with license number L15891/FXF. Not the one u mentioned :/
Feb 18, 2026
Reply
Zac Riley
What matters is that you understand the regulation and what seciurities you have. And Metaqotes, I guess they wouldn't give the broker permmission to use mt4, if they weren’t trusted I don’t ask everyone to deposit big amounts. Just starting small to feel the ground, might see a good choice
Dec 20, 2025
Reply
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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.

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