Create FX
Information about the Create FX Dealing Center
The Create FX Dealing Center claims to have British origins. According to the broker, the address of its headquarters is 22 Baker Street, London. However, there are no corresponding registration documents on the official website of the project (the Companies House registration certificate, which should be available for all British legal entities, is not published).
License and Regulators
As for the license, CreateFX claims to cooperate with the offshore regulator IFSC Belize (International Financial Services Commission of Belize). The license number is 1982A/601. It is worth noting that this regulator is not popular among traders.
Accessibility and Contacts
The resource createfx.xyz is available in English and Russian versions. The main page in Russian looks like this.
Internal documents: Privacy Policy and Terms of Service. They are only available in English, but all potential clients of this dealing center must familiarize themselves with them.
Contact information: the aforementioned headquarters address, email support@createfx.xyz, feedback form, links to social networks in the footer of the official website.
Create FX Trading Conditions
The broker publishes a brief instruction on its website on how a client can make a profit. To do this, you will need to follow 4 steps:
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Create an account.
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Make a deposit.
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Open a trade.
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Receive a profit.
There is no detailed description of the trading conditions. The createfx.xyz resource does not provide information on account types, minimum deposit, spreads, leverage, or even trading platforms. As for the tradable assets, some of them can be found in this screenshot showing the current list of orders.
Mobile Application
Create FX pays great attention to its mobile application. It is reported that this software:
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Can be used for payments. The mobile application allows account replenishment (depositing funds).
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Provides real-time charts. Mobile software users have access to real-time chart viewing.
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Supports instant profit withdrawal. The issue of money withdrawal will be discussed in detail separately.
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Is highly reliable. The broker guarantees that personal data is completely secure.
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Has a simple and intuitive interface that will not cause any difficulties even for novice traders. However, if any questions arise, they can always be addressed to customer support.
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Allows viewing statistics for all trader accounts.
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Enables copying trades of successful traders. This is especially relevant for beginners or those who have little time to analyze the market independently and find it easier to trust the opinions of professional traders.
In addition, CreateFX promises to credit a bonus of up to $199 upon registration, but any other information on this matter is missing.
Account Replenishment and Withdrawal from CreateFX
Information on account replenishment and money withdrawal is practically absent, except for the list of supported payment systems. It looks like this.
As mentioned earlier, the project promises to withdraw client funds instantly, but there is no mention of fees and limits. Reviews about Create FX will help learn more about this issue.
Conclusion
The British origin of the broker is not confirmed, and the license it holds is issued by a less reliable regulator. In addition, the official company website is poorly informative, leaving potential clients with questions after reviewing it. These questions should be directed to an independent expert, followed by further examination of reviews about CreateFX.
Dealing with Create FX was an incredibly frustrating experience. Their customer service was painfully lacking; emails remained unanswered and calls were never returned. Moreover, their platform was riddled with technical glitches which were detrimental to executing trades. The fee structure was also not as transparent as I would have liked, and I was hit with a few surprising charges. I believe there are better online brokers out there that would provide a smoother experience and better client service.