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