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XORKETS FX

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Operating status: SCAM

Website: https://www.xorketsfx.com/

Broker violations and abnormal records
  • Nov 02, 2025 BrokersView has found that XORKETS FX appears to be a scam

    XORKETS FX claims to be the trading name of Xorkets FX Ltd, which is regulated by the Money Services Business (MSB) under license number 31000307035297. While a registration record for this MSB number can indeed be found in the Financial Crimes Enforcement Network (FinCEN) database, it is crucial to understand that FinCEN does not regulate forex trading activities.

    Our investigation also confirms that XORKETS FX is not registered or authorized by the NFA or any other reputable financial regulatory agency. Therefore, XORKETS FX operates without proper authorization from any credible forex regulator. XORKETS FX appears to be a scam.

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Q&A

IS XORKETS FX LICENSED?

ridaar Efstathiou
Liberia
Nov 03, 2025
ANSWER Dear Investor, XORKETS FX does not appear to hold any licenses from recognized forex regulatory authorities. The platform claims that XORKETS FX is the trading name of Xorkets FX Ltd and states it is regulated by the Money Services Business (MSB) under license number 31000307035297. While a registration record for this MSB number can indeed be found in the Financial Crimes Enforcement Network (FinCEN) database, it is crucial to understand that FinCEN does not regulate forex trading activities. In the United States, the primary regulatory body overseeing forex brokers is the National Futures Association (NFA). Our investigation confirms that XORKETS FX is not registered or authorized by the NFA or any other reputable financial regulatory agency. Therefore, based on the available information, XORKETS FX operates without proper authorization from any credible forex regulator. This presents a significant risk of fraud or financial loss. We strongly advise exercising extreme caution and recommending avoiding any engagement with XORKETS FX due to the high potential for scams and the lack of investor protection.
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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

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