RealFactorFX Review

About RealFactorFX

RealFactorFX presents itself as a subsidiary of “RealFactorFX PLC,” claiming authorization by the UK Financial Conduct Authority (FCA) under FRN 434413, by the Securities Commission of The Bahamas (SCB) under registration 199667, and by Italy’s CONSOB. These claims are false: the FCA has issued a warning dated 07 April 2022 stating that RealFactorFX is unauthorized to provide financial services in the UK (). The SCB likewise issued a Public Notice No. 5 of 2022, dated 20 June 2022, listing RealFactorFX Corp./RealFactorFX PLC among entities operating without authorization, subject to criminal prosecution or regulatory sanctions under Bahamian law (). The claimed license number 434413 in the FCA registry belongs to ActivTrades Plc, with no connection to RealFactorFX ().

Trading platform and account details are unsupported by factual evidence. Claims about offering MetaTrader platforms, spreads, leverage, account types, minimum deposits, Islamic/swaps-free accounts, hedging, scalping, or expert advisor (EA) functionality are not verifiable. No confirmed information exists regarding base currencies, swap-free options, negative balance protection, or segregated accounts. The broker’s website was found to be non-functional at the time of review ().

Who it’s for

• None – no factual data suggests a legitimate or regulated service offering.

Pros and cons

Pros

• None – there is no verified evidence of any service features or regulatory oversight.

Cons

• Operating without authorization from the FCA ().
• Unauthorised operation flagged by the SCB with potential legal sanctions ().
• Engaging in firm-cloning by misusing ActivTrades’ regulatory details ().
• Website suspended or non-operational, indicating non-existence of legitimate service ().