EssenceFX is an offshore Forex brokerage firm founded in the year 2016. It offers various financial instruments to trade with such as currency pairs, commodities, indices, and stocks. The broker uses an MT4 trading platform with a generous minimum deposit of $100 to open a live account.
Is EssenceFX A Licensed Broker?
EssenceFX claims itself to be registered and governed by the Ministry of Financial Estonia (EU). In Estonia, the broker has to register with the Estonian Financial Supervision Authority, independent of the EU. Thus, we can say that the broker is an unregulated platform.
How Safe Is It To Invest Your Money With EssenceFX Broker?
EssenceFX is an unreliable platform that has provided dubious information on its website. The official site is down for the time being. Hence, it is better to avoid Essence FX for any sort of investment.
What If EssenceFX Scams You?
EssenceFX reviews indicate that the broker is unreliable. It has misled many traders about its operations. Many investors accuse this entity of being a potential scammer. Unfortunately, if you have been cheated by EssenceFX, reach out to us. Our team of experts will assist you to recover your funds.