Brokers  /  WHITEFOREX

WHITEFOREX

Severe risk
🇱🇨 Saint Lucia · 1-2 years · since 2024-10-08 · White Forex Limited
Unregulated
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75
Severe risk
Scam Risk Scoremonitored · 2026-07-06
Lower riskHigher risk
  • No verified regulatory license on file
  • Recently established — about 21 months old
  • Registered in Saint Lucia (offshore, light oversight)
  • 6 user exposure/complaint reports filed
  • Withdrawal complaints in ~100% of recent reviews
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 age7215%
Clone / impersonation012%
Withdrawal & exposure complaints10012%
Offshore registration808%
Transparency (site/info/social)2510%

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 nameWhite Forex Limited
Headquarters🇱🇨 Saint Lucia
Founded2024-10-08
Years operating1-2 years
Employees0
Official websitewhiteforex.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods6 · VISA, MASTER, Bank, transfer
Withdrawal methods6 · VISA, MASTER, Bank, transfer
InstrumentsForexmetalscryptocurrenciesenergiesstocksindices
Registered address
Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-islet, Saint Lucia

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 4

AccountMax leverageMin. depositMin. spreadCommissionEA
Zero1:10002000From 04.5
Professional1 : 40010000From 0 3.5
Low Spread1:2000500From 0.1--
Standard1:200010From 0.2--

Review analysis AI

Across 6 recent Trustpilot reviews, 100% are 1–2 star. The single most common complaint is being unable to withdraw funds (6 reports) — the classic warning sign in forex.

0
Period:
What users complain about
Where reviewers are from
Pakistan2
Indonesia2
India1
United Arab Emirates1

Real user reviews

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About WHITEFOREX

WHITEFOREX is a forex and CFD broker based in Saint Lucia, with records dating to 2024-10-08. Critically, we could not verify any active forex-trading license for this broker.

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 WHITEFOREX review