FX Fair

FX Fair was a retail forex and CFD brand that presented itself as registered in Saint Vincent and the Grenadines, at the Beachmont Business Centre in Kingstown. It offered MetaTrader 4 across desktop, web and mobile, three live account tiers, and leverage advertised as high as 1:1111. Our research finds no financial regulator anywhere that has authorised the brand or its operator to hold client money or deal in leveraged foreign exchange.

The website is no longer a brokerage. The domain the brand traded under, fxfair.com, now issues a permanent redirect to an unrelated online gambling portal. Both the www and bare forms of the address behave the same way. There is no client area, no login, no funding page and no support channel reachable through it. Anyone still holding a balance with this brand has no working route to it.

Who operates it. The only corporate entity connected to the brand that we could locate on an official register is a Bulgarian company, "ФЕЪР-ГРУП" ЕООД, transcribed as FAIR-GROUP, UIC 204312857. We opened its record on the Bulgarian Commercial Register. It is a single-member limited liability company whose sole owner and manager is one individual, with a registered capital of 25.56 EUR and a registered office at a residential apartment in Sofia. Its registered scope of business is advertising, graphic design and general trade, classified under advertising agencies. Nothing in that record permits financial services, and a company registration is never a substitute for a licence.

The Saint Vincent point matters. The financial authority in Saint Vincent and the Grenadines does not license or supervise forex trading, and the Kingstown address the brand used is a well-known service address rather than a trading office. A Saint Vincent presence therefore gives a client no deposit protection, no segregated-funds requirement, no compensation scheme and no complaints body.

What was offered. Three tiers were advertised, each at a 51 USD minimum deposit: STANDARD from 1.5 pips at up to 1:1111, ZERO SPREAD from 0.1 pips at up to 1:500, and PRO, described as STP/ECN, from 0.0 pips at up to 1:100. Deposits were accepted by card, bank transfer, BitGo and Perfect Money, with a 100,000 USD ceiling on transfers and wallet payments and no fee below 2,000 USD. Withdrawals were quoted at one to five business days by bank transfer and immediately to two business days by the other channels. Instruments covered roughly fifty currency pairs plus metals, energy, indices, shares and cryptocurrencies. These are the terms last published by the operator, and none of them can be acted on now.

Who it suits. Nobody. There is no supervised entity behind the brand, the stated corporate owner is an advertising micro-company, the leverage on offer was far beyond anything a regulated venue may provide to retail clients, and the trading site itself has been given over to a different business entirely. Traders should treat any approach still using this name, or any successor domain, with the greatest caution.