BMA — Australia
Notesco (BVI) Limited
Licence
Fxcess Broker Review — Overview
Regulation
Offshore regulated
Licence
BMA
Licence status
Active
Max. leverage
1:1000
Instruments
Forex, precious metals, indicies, commodities etc.
Operating
Est. 2016
Main market
FR
Entity
Notesco (BVI) Limited
Website
Unknown
Fxcess Broker is a forex & CFD broker based in Cyprus, established in 2016. On Trust Broker Hub it holds a Trust Score of 3.2 out of 10, which we rate as Poor — below the industry average of 3.3/10. High-risk profile — proceed only with caution and small amounts.
Fxcess Broker's licence comes from an offshore jurisdiction (BMA). Offshore regulation is far lighter than tier-1 oversight from bodies like the FCA (UK) or ASIC (Australia): there is usually no compensation scheme, and recovering funds can be difficult if the broker runs into trouble. Treat it with extra caution and verify the licence on the regulator's own register.
Fxcess Broker provides access to Forex, precious metals, indicies, commodities etc.. Published conditions include leverage up to 1:1000. No complaints are currently on record. Overall, Fxcess Broker carries a high-risk profile. Only consider it with money you can afford to lose, and verify everything independently first.
Trust score breakdown
How is this calculated?Trust Score history
Fxcess Broker currently scores 3.2/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Holds a BMA licence
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Offshore-only regulation with weaker investor protection
- Always verify the licence directly before depositing
Regulation
Tier 3 · Offshore
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Forex, precious metals, indicies, commodities etc. |
| Minimum deposit | Not disclosed |
| Maximum leverage | 1:1000 |
| Typical spread | Not disclosed |
| Platforms | Not disclosed |
| Demo account | Available |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on Fxcess Broker
Our analysis · editorial
3.2/10
High-risk profile
Fxcess Broker is regulated in an offshore jurisdiction (BMA), which offers lighter oversight than tier-1 regimes. Based in Cyprus, it has been operating for about 10 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 3.2/10 — a high-risk profile.
Strengths
- Long 10-year operating track record
- No complaints on record with us
Watch-outs
- Regulated only in an offshore jurisdiction — weaker investor protection
- Very high leverage available (1:1000) — amplifies risk
Bottom line: High risk — we would avoid depositing significant funds until its regulation improves.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
5 0
4 0
3 0
2 0
1 0
Fxcess Broker — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag Fxcess Broker here if that changes.
Full specifications
Regulated region
Cyprus
Operating period
5-10 years
Main market
FR
Instruments
Forex, precious metals, indicies, commodities etc.
Year founded
2016
Frequently asked
Is Fxcess Broker a safe broker?
Fxcess Broker scores 3.2 / 10 on our Trust Score, below the 3.3 industry average. It is only offshore-regulated, which means weaker protection. It has no complaints on record. Trade only with funds you can afford to lose.
How is the Fxcess Broker trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from Fxcess Broker?
Fxcess Broker publishes some trading terms, but always confirm withdrawal fees directly. Test with a small amount first and document every transaction.