FSA — Australia
FXON Ltd
Offshore Regulation · No. SD091
FXON Review — Overview
Regulation
Tier-1 regulated
Licence
FSA · No. SD091
Licence status
Offshore Regulation
Platforms
MT4, MT5
Instruments
Forex, CFDs on cryptos, index, stocks
Typical spread
1.5-2.5 pips (Standard account)
Operating
Est. 2005
Main market
JP
Entity
FXON Ltd
Website
Unknown
FXON is a forex & CFD broker based in Seychelles, established in 2005. On Trust Broker Hub it holds a Trust Score of 5.4 out of 10, which we rate as Fair — above the industry average of 3.3/10. Mixed profile — check regulation and conditions before depositing.
Crucially, FXON is regulated by FSA, including at least one tier-1 regulator. Tier-1 regulation is the strongest sign of legitimacy: it normally requires segregated client funds, regular audits and access to a compensation scheme if the broker fails — meaningful protection for your money.
FXON provides access to Forex, CFDs on cryptos, index, stocks. Its detailed trading conditions — minimum deposit, spreads and maximum leverage — are not publicly disclosed, which lowers transparency. No complaints are currently on record. Overall, FXON has a mixed profile: check its regulation and conditions carefully before depositing.
Trust score breakdown
How is this calculated?Trust Score history
FXON currently scores 5.4/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Regulated by a tier-1 authority
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Trading conditions and fees not publicly disclosed
- Always verify the licence directly before depositing
Regulation
Tier 1 · Top
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, CFDs on cryptos, index, stocks, metals, energy |
| Minimum deposit | Not disclosed |
| Maximum leverage | Not disclosed |
| Typical spread | 1.5-2.5 pips (Standard account) |
| Platforms | MT4, MT5 |
| Demo account | ❌ |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on FXON
Our analysis · editorial
5.4/10
A mixed risk profile
FXON holds a tier-1 regulatory licence (FSA). Based in Seychelles, it has been operating for about 21 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 5.4/10 — a mixed profile.
Strengths
- Authorised by a tier-1 regulator (FSA)
- Long 21-year operating track record
- No complaints on record with us
- Supports MT4 & MT5 trading
Watch-outs
- Always confirm the licensed entity covers traders in your country
Bottom line: Proceed with caution: start with a small deposit and test a withdrawal early.
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
FXON — 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 FXON here if that changes.
Full specifications
Regulated region
Seychelles
Operating period
1-2 years
Main market
JP
Licensed entity
FXON Ltd
License status
Offshore Regulation
Instruments
Forex, CFDs on cryptos, index, stocks, metals, energy
Year founded
2005
Frequently asked
Is FXON a safe broker?
FXON scores 5.4 / 10 on our Trust Score, above the 3.3 industry average. It holds tier-1 regulation, which offers strong investor protection. It has no complaints on record. Trade only with funds you can afford to lose.
How is the FXON 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 FXON?
FXON doesn't publish detailed withdrawal terms, so we can't verify processing times or fees. Test with a small amount first and document every transaction.