Brokers  /  EGM Forex

EGM Forex

Moderate risk
🇬🇧 United Kingdom · 5-10 years · since 2021-04-19 · ECONOMIC GLOBAL MARKETS (APAC) LTD
FCA
Visit site ↗
—/5
★★★★★ ★★★★★
20 reviews ›
1
Licenses ›
21
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
49/100
Scam risk ›
1
Clone sites ›
▲ 0% positive▼ 100% negative
Independent ratingshow third parties score this broker
WikiFX1.52/10
Trustpilot—/5
Forex Peace Army—/5
49
Moderate risk
Scam Risk Scoremonitored · 2026-07-06
Lower riskHigher risk
  • 16 user exposure/complaint reports filed
  • Withdrawal complaints in ~105% of recent reviews
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing6835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints10012%
Offshore registration108%
Transparency (site/info/social)5310%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameECONOMIC GLOBAL MARKETS (APAC) LTD
Headquarters🇬🇧 United Kingdom
Founded2021-04-19
Years operating5-10 years
Employees0
Official websiteegmforex.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods—
Withdrawal methods—
Instruments—
Registered address
4D SALISBURY ROAD， WESTON-SUPER-MARE， SOMERSETUNITED KINGDOM.BS228EW

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
FCAInst Market Making (MM)528328United Kingdom—

Review analysis AI

Across 20 recent Trustpilot reviews, 100% are 1–2 star. The single most common complaint is being unable to withdraw funds (21 reports) — the classic warning sign in forex. We also found 1 clone site(s) impersonating this brand — a frequent vehicle for scams.

0
Period:
What users complain about
Where reviewers are from
Taiwan12
Japan3
Nigeria3
Malaysia2

Real user reviews

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About EGM Forex

EGM Forex is a forex and CFD broker based in United Kingdom, with records dating to 2021-04-19. It reports oversight from FCA.

FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.

Finally, beware of impersonation: we tracked 1 clone website(s) copying EGM Forex. Always reach the broker through its verified official domain, never via links in ads or messages.

Overview compiled by FXCanary from regulatory records and public data. full EGM Forex review