Brokers  /  TempestForex

TempestForex

High risk
🇬🇧 United Kingdom · 2-5 years · since 2024-01-12 · TempestForex
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.38/10
Trustpilot1.8/5
Forex Peace Army/5
52
High risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • No verified regulatory license on file
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 & licensing8535%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)7510%
Real-user sentiment908%

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 nameTempestForex
Headquarters🇬🇧 United Kingdom
Founded2024-01-12
Years operating2-5 years
Employees0
Official websitetempestforex.net
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

The real-user record is uniformly negative, with zero positive reviews. Across 15+ reviews, TempestForex is repeatedly accused of taking payment for challenge-passing and signal services, then failing to deliver and refusing refunds. The consistent pattern of ignored communication and broken promises aligns with scam-like behavior. No regulatory license compounds the risk.

Best for
  • None
Not for
  • Beginners
  • Traders who value regulation
  • Anyone expecting refunds or support
Period:
What users complain about
Where reviewers are from
🇬🇧 GB4
NO2
KH1
QA1
🇿🇦 ZA1
🇩🇪 DE1
Positive vs negative · last 8 months Pos Neg
Apr
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Real user reviews

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About TempestForex

Who is TempestForex?

TempestForex is a forex and trading services provider registered in the United Kingdom. The company was founded on 12 January 2024 and lists no employees on official records. It presents itself as a service that helps traders pass funded account challenges and offers trading signals, though little formal information is available from the broker itself.

Publicly available data indicates that TempestForex does not hold any recognised financial regulation, which is a critical factor for prospective clients. The company's offerings appear to be marketed primarily through social media channels such as YouTube, where promotional content showcases account-flipping results.

Regulatory Status

According to official regulatory registries, TempestForex holds no licence from any financial authority. This includes the absence of registration with the UK's Financial Conduct Authority (FCA), despite being based in the United Kingdom. A lack of regulation means that clients have no access to compensation schemes or legal protections typically afforded by regulated brokers.

Without oversight, there is no external body to ensure fair trading practices, capital adequacy, or proper handling of client funds. This leaves users entirely dependent on the broker's own policies and goodwill, with no clear recourse in the event of disputes.

Products and Services

TempestForex does not publicly disclose a detailed list of its services or trading instruments. Based on user reports, the broker primarily offers two types of paid services: passing funded trading challenges (such as FTMO challenges) and providing trading signals. These are typically sold through direct payment, with promises of high success rates.

No information is available about forex pairs, CFDs, cryptocurrencies, or other instruments that the broker might support. Similarly, the broker does not advertise its own trading platform, and it is unclear whether it operates a proprietary platform or relies on third-party software like MetaTrader.

Account Types and Pricing

TempestForex does not publish any standard account types, minimum deposits, or fee structures. Reviewers have mentioned paying amounts such as £500 for a challenge-passing service, but there is no official price list. This opacity makes it difficult for traders to understand the true cost of services before committing.

The lack of disclosed account tiers also means unclear leverage, spreads, or commission structures. Prospective clients should be cautious when dealing with a broker that does not provide transparent pricing.

Funding and Withdrawals

There is no public information on deposit or withdrawal methods for TempestForex. User reviews suggest that payments are typically made via card or online transfer, but reports indicate that the broker does not honour refund requests, and there are no mentions of successful withdrawals of trading profits. This aligns with the absence of withdrawal-related complaints specifically, as most grievances relate to non-delivery of purchased services rather than actual trading account withdrawals.

The lack of clear funding policies is another red flag, as reputable brokers clearly outline available payment channels, processing times, and any associated fees.

Customer Support

Based on user reviews, customer support at TempestForex is virtually nonexistent after payment. Reports describe being ignored via calls, texts, and emails once money has been transferred. There is no indication of a dedicated support team, live chat, or published response times.

For a service that asks for upfront payments, the absence of reliable communication channels further undermines trust and raises questions about the broker's commitment to its clients.

Who is TempestForex For?

Given the overwhelming lack of regulation, transparent policies, and positive user feedback, TempestForex is a high-risk choice for any trader. The broker may only appeal to those willing to risk complete loss of funds in exchange for unverified service promises. Beginners and risk-averse individuals are particularly ill-suited to engage with this entity.

Without a verifiable track record, any potential benefit from their signals or challenge-passing services cannot be reliably assessed. Traders are strongly encouraged to seek regulated and transparent alternatives.

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