First Class Forex Funds Review

About First Class Forex Funds

First Class Forex Funds (operating under the name First Class Trading Solutions Ltd.) provides forex evaluation programs through challenge-based models, offering access to MetaTrader 5 and claiming profit splits up to 95% on funded accounts; their funding options reportedly include amounts such as USD 25 k, 50 k, 100 k, and 200 k, with evaluation structured in two steps. All funded accounts appear to be demo only, not live accounts. ()

The firm is not regulated by any recognized financial authority. It is not registered with US regulators such as the CFTC or NFA despite claiming a US address, and no valid license is identified in public registries. Claims of affiliation with Eightcap Ltd. have been denied by Eightcap as only a third-party relationship with no regulatory assurance. Major consumer complaints include withheld payouts, abrupt rule changes (such as banning weekend trades), poor customer support, and frequent denial of withdrawals. ()

Pros and cons

Pros

• Offers MetaTrader 5 platform access
• Profit split advertised up to 95%

Cons

• No valid regulatory license; unregulated and offshore operation
• All funded accounts are simulated ("demo"), not real capital accounts
• Numerous reports of withheld payouts, denial of withdrawals, and changing rules mid-program
• Poor or nonresponsive customer support and lack of transparency