FOW

According to WikiFX data, FOW presents significant safety concerns. The broker, also known as FOWBusiness, holds an overall WikiFX score of 1.52, which is exceptionally low and indicates a high-risk profile. Crucially, the entity operates without any valid financial regulatory licenses, meaning client funds are not protected under standard oversight schemes such as investor compensation funds.

No. FOWBusiness is not regulated by any authoritative financial regulatory body. It is a UK-registered entity, but it does not hold a license from the UK's Financial Conduct Authority (FCA) or any other global regulator for forex trading. This places all trading activity and client assets outside of established regulatory protections.

The specific minimum deposit requirement for FOW is not publicly disclosed on its primary channels. This lack of clear, upfront information on a fundamental account parameter is atypical for transparent brokerage operations and requires prospective clients to inquire directly, which should be done with caution given the broker's unregulated status.

WikiFX assessment indicates FOW offers the MetaTrader 4 (MT4) platform. The broker's software index score is 4.0. While MT4 is a widely used and capable platform, its presence does not mitigate the foundational risks associated with the broker's complete lack of regulatory oversight and very low overall trust score.