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PLUSSFX logo

PLUSSFX

Suspicious Clone
Seychelles
,
Since 2024
Last Updated:
65/100
Overall Score

Trading Conditions

Min Deposit:
USD200
Max Leverage:
1000
Account Types
Standard Account

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

5 methods

Bank Transfers (Wire Transfers)

bank transfer
3 days
Fee:
Free
Fee:
Free

Credit/Debit Cards (Visa, Mastercard)

credit card
Instant
Fee:
Free
Fee:
Free

E-Wallets (Skrill, Neteller)

e wallet
Instant
Fee:
Free
Fee:
Free

Cryptocurrencies (Bitcoin, Ethereum)

crypto
3 days
Fee:
Free
Fee:
Free

Local Payment Methods (M-Pesa, AirTel Money)

other
Instant
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 63%, 2: License 66%, 3: Software 0%, 4: Spread 0%, 5: Account Type 0%, 6: Symbol 0%
Regulation
63%Fair
License
66%Good
Software
0%Poor
Spread
0%Poor
Account Type
0%Poor
Symbol
0%Poor

Company Information

Full Name:Pluss FX (Seychelles) Limited
Founded:2024
Headquarters:Seychelles
Enterprise Offices:1offices

Customer Support

Phone:
Live Chat:
24/7
Response Time:
Languages:
English
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Editorial review
Updated

Broker Summary

What Wikilix has recorded about PLUSSFX: its history, the licences it holds, its trading conditions and its fees.

PLUSSFX Review

PLUSSFX — operating via https://plussfx.com — positions itself as an online brokerage platform that offers leveraged trading services to retail clients. According to its website, the broker provides access to financial markets through margin-based instruments, potentially including forex, CFDs or other multi-asset trading products.

Services and Claimed Features

• Leveraged trading/margin-based services: PLUSSFX positions itself as a provider of leveraged trading — it offers clients the opportunity to open margin positions, like most retail forex/CFD brokers.

• Online account and trading interface: Clients can register online, open trading accounts, and in principle access the trading platform and trading services via the web — enabling remote trading and account management.

• Variety of asset classes: Though the amount of detailed public disclosures is scanty, PLUSSFX claims a range of trading instruments available that might enable exposure to various markets on one platform.

Regulatory Status, Transparency & Risk Considerations

• No publicly verifiable regulatory information was found: A search of publicly accessible sources reveals no reliable documentation to confirm that PLUSSFX is licensed or regulated by a recognized financial authority. No name of a regulator, license number, or supervisory jurisdiction in this respect seems to be mentioned openly.

• Lack of independent audits, reviews, or third-party verification: There is limited to no reliable third-party information available in the form of audits, verified user reviews, and records of regulatory oversight that can confirm the compliance practices, fund segregation policies, or operational integrity of the broker.

High risk due to leverage under unclear oversight. With any margin/leveraged broker operating in uncertainty over its regulatory environment, PLUSSFX clients may face higher risks than ordinary market risk: structural and counterparty risks would include, for example, uncertainty over fund safety, withdrawals, dispute resolution, and corporate governance.

• Opaque Corporate Disclosure and Limited Transparency: All the essential details, such as company's legal entity, registration details, financial audits, client-fund protection mechanisms, and detailed terms and conditions, do not seem to be publicly and verifiably disclosed.

Client Profile — Who, If Anyone, PLUSSFX Might Suit

Given the limited information and transparency, PLUSSFX may at best be suitable for very high-risk tolerant traders who:

• are aware of and accept the high risk associated with leveraged trading under unverified regulatory conditions.

• Understand that there could be limited or no protection of client funds, withdrawals, or dispute resolution.

•     are prepared for the possibility of loss of capital or operational complications.

PLUSSFX is not for the investor looking for regulatory safety, long-term investment stability, transparent governance, or established investor protections.

Conclusion

From a governance, compliance, and risk-management perspective, PLUSSFX should be regarded as a high-risk, probably unverified broker. As the broker lacks any publicly verifiable license, external audit, and transparent disclosure, it does not meet generally accepted minimum standards for a reputable and regulated financial services provider. Potential clients should deal only after exhaustive independent due diligence and, where possible, prefer brokers with clear regulation, transparent fund protection practices, and documented compliance records.

Regulation check

Regulatory Licenses

PLUSSFX is listed with a tier-1 or tier-2 licence that we have not yet checked against the regulator's register. An unchecked row is not a finding either way.

0 of 2 checked
2Licences on record
0Confirmed on register
1Tier 1 or 2
1Offshore

How far our check got

  • 2 not yet checked
  • FCATier 1United KingdomStraight Through Processing(STP)

    What the register says

    Type
    Straight Through Processing(STP)

    Client protection under this licence

    • Compensation schemeUp to £85000 (FSCS)
    • Client money kept separate
    • Negative balance protection
    • Complaints routeFinancial Ombudsman Service
    • Maximum leverage1:30

    These are the rules FCA sets for the firms it licenses. They are not a statement about how PLUSSFX applies them, or about which of its companies would hold your account.

    About Financial Conduct Authority

    Onshore regulatorGovernment bodyCompensation: Up to £85000 (FSCS)Public registerTransparency: high
    Typical cost of this licence
    £100000+ (including compliance setup)
  • FSATier 3OffshoreSeychellesRetail Forex License

    What the register says

    Type
    Retail Forex License

    Client protection under this licence

    • No compensation scheme
    • Complaints routeFSA Enquiries
    • Maximum leverage1:1000

    These are the rules FSA sets for the firms it licenses. They are not a statement about how PLUSSFX applies them, or about which of its companies would hold your account.

    About The Seychelles Financial Services Authority

    Offshore regulatorGovernment bodyNo compensation schemePublic registerTransparency: low
    Typical cost of this licence
    USD 10000-20000
Where we have checked a licence, it was checked against the issuing regulator's own register. Register wording is quoted as found.See all tier-1 regulated brokers
Deposits & withdrawals

Funding Methods

5 ways to fund an account. 5 with no deposit fee. 3 credit instantly.

5 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Bank Transfers (Wire Transfers)Bank TransferSome banks may charge additional fees for international transfers. Processing times and fees may vary by country.FreeFreeUSD 100USD 100USD 50,0003 days
Credit/Debit Cards (Visa, Mastercard)Credit CardSome card issuers may impose additional fees or restrictions. Acceptance may vary by country.FreeFreeUSD 100USD 100USD 5,000Instant
E-Wallets (Skrill, Neteller)E-WalletE-wallets may charge their own fees for transactions. Availability may vary by country; some regions may have restrictions.FreeFreeUSD 100USD 100USD 5,000Instant
Cryptocurrencies (Bitcoin, Ethereum)CryptocurrencyCryptocurrency transactions are subject to network fees. Availability may vary; some countries have regulations or bans on cryptocurrency transactions.FreeFreeBTC 0.01BTC 0.01BTC 53 days
Local Payment Methods (M-Pesa, AirTel Money)OtherSubject to local transaction limits and fees. Primarily available in specific countries; not universally supported.FreeFreeUSD 10USD 10USD 500Instant
Fees, limits and processing times as published by PLUSSFX, recorded by Wikilix.
Legal entities

Corporate Network

One legal entity behind the PLUSSFX brand.

1 entity
  • Pluss FX (Seychelles) LimitedActiveSeychelles
Entities named in the broker's own documents and company registers, recorded by Wikilix.

Comments

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