Brokers  /  FR

FR

Severe risk
🇨🇾 Cyprus · 5-10 years · since 2021-01-25 · Finance Reserves Ltd
85
Severe risk
Scam Risk Scoremonitored · 2026-07-06
Lower riskHigher risk
  • Listed as “Fake Broker” in industry watchdog records
  • Identified as a clone / impersonator firm
  • 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 & licensing9735%
Company age2215%
Clone / impersonation10012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)7810%

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 nameFinance Reserves Ltd
Headquarters🇨🇾 Cyprus
Founded2021-01-25
Years operating5-10 years
Employees0
Official website
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
207 Bishopsgate Spitalfields, London EC2M 4QP

Regulation & licenses · 2

RegulatorLicense typeLicense No.RegionStatus
CYSECMarket Making (MM)109/10Cyprus
FCAForex Execution License (STP)583263United Kingdom

Account types · 5

AccountMax leverageMin. depositMin. spreadCommissionEA
VIP--€500,000----
Diamond --€250,000 ----
Platinum --€100,000 ----
Gold --€25,000 ----
Silver --€10,000----

Review analysis AI

There aren’t enough independent reviews for FR yet to draw firm conclusions. The lack of public feedback is itself a caution sign for a smaller or newer broker.

0
Period:

Real user reviews

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About FR

FR is a forex and CFD broker based in Cyprus, with records dating to 2021-01-25. It reports oversight from CYSEC, FCA.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

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