RealFactorFX Review 2025

What is RealFactorFX?

RealFactorFX is an entity that presents itself as a legitimate British brokerage offering trading in a wide range of assets on both MT4 and MT5. However, it’s important to note that RealFactorFX is an offshore broker. Despite its professional-looking website, RealFactorFX has been identified as a scam that lacks the authorization and technical functionality to provide financial services. It falsely claims to be licensed in the Bahamas and by the Financial Conduct Authority (FCA) in the UK. The Firm Reference Number (FRN) provided on its website actually belongs to a legitimate British brokerage, ActivTrades. This is a clear sign of ‘firm cloning’, a common practice among fraudulent entities in the financial markets. RealFactorFX has been blacklisted by the FCA in the UK. It targets British investors without having the right to do so. For those residing in the UK and looking for a reliable local financial services provider, it’s recommended to check out legitimate British brokerages. These brokerages meet stringent requirements for financial stability and transparency of operations. Benefits of choosing an FCA-licensed broker include the assurance that the broker cannot freely access your funds as they should be kept in segregated trust accounts. Clients are provided with negative balance protection, meaning they cannot lose more than they have in their account. In the unlikely event that the broker goes under and files for bankruptcy, clients can receive compensation of up to GBP 85,000 from the Financial Services Compensation Scheme (FSCS). Despite promising access to the acclaimed trading platforms MetaTrader4 and MetaTrader5, RealFactorFX does not actually offer a trading platform. After registering an account and logging into the client dashboard, users are only given access to third-party charts, with no option to place a trade. In conclusion, while RealFactorFX may appear to be a legitimate forex brokerage, it has been identified as a scam. It’s always recommended to double-check the information available on a broker’s website with the data in the registers of the respective financial regulators, read user reviews, and stay alert.

What is the Review Rating of RealFactorFX?

What are the Pros of RealFactorFX?

I’m sorry, but I was unable to find any specific advantages of RealFactorFX. It’s always important to do thorough research and consider multiple sources when evaluating a forex platform. Please consult with a financial advisor for professional advice.

What are the Cons of RealFactorFX?

RealFactorFX, a forex trading platform, has several significant drawbacks that potential users should be aware of:. 1. Lack of Regulatory Oversight RealFactorFX is not authorized to provide financial services or products in the UK. This lack of regulatory oversight can pose significant risks to traders, as there are no guarantees of fair trading practices or security of funds. 2. Potential Scam Warnings The Financial Commission has added RealFactorFX to its warning list. This indicates that the platform may be involved in activities that are not in the best interests of its users. 3. Targeting Novice Traders RealFactorFX appears to target rookie traders. While this in itself is not necessarily a negative, it can be concerning if the platform uses complex or misleading practices to confuse or take advantage of inexperienced users. 4. Negative Reviews There are negative reviews and feedback about RealFactorFX from the trading community. These reviews often provide valuable insights into the real-world experiences of users on the platform. In conclusion, while forex trading can be a profitable venture, it’s crucial to use a platform that is reliable, transparent, and regulated. Traders considering RealFactorFX should be aware of these issues and consider other, more reputable platforms for their trading needs.

Is RealFactorFX Regulated and who are the Regulators?

RealFactorFX, a forex trading platform, has been the subject of scrutiny due to concerns about its regulatory status. The platform claims to be regulated by multiple authorities, including the UK Financial Conduct Authority (FCA), the Securities Commission of The Bahamas (Bahamas SCB), and the Commissione Nazionale per le Società e la Borsa (CONSOB). However, these claims have been disputed. According to the FCA, RealFactorFX is not authorised or registered by them. The FCA has issued a warning about the firm, stating that it may be providing financial services or products in the UK without their authorisation. This means that customers of RealFactorFX will not have access to the Financial Ombudsman Service or be protected by the Financial Services Compensation Scheme (FSCS), making it unlikely for them to get their money back if things go wrong. Moreover, it has been reported that RealFactorFX has been using the same information as legitimate brokers, a tactic known as firm cloning. This involves using the same information of legitimate brokers to confuse traders and attract them. In the case of RealFactorFX, it has been reported that they have been using the same information as the legitimate British broker ActivTrades. Furthermore, no matching results to RealFactorFX showed in Bahamas SCB or CONSOB. As for the FCA registration number 434413, it belongs to a licensed company named “Activtrades Plc” and RealFactorFX has no connection with the company. In conclusion, RealFactorFX is not regulated or authorized to operate by any major regulatory authority. This raises serious concerns about the safety of funds deposited with them and the integrity of their trading practices. Potential investors are advised to exercise caution when dealing with this firm.