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WeekendFX -

Score

2.19 /10
Danger

WeekendFX

The Virgin Islands

2-5 years

Regulated in The Virgin Islands

Common Business Registration

Suspicious Scope of Business

Suspicious Overrun

Medium potential risk

Offshore Regulated

https://weekend-fx.com/

Influence

D

Add brokers

Comparison

Quantity 4

Exposure

Open Account
Website

Score

Regulatory Index1.25

Business Index6.48

Risk Management Index0.00

Software Index4.00

License Index1.25

Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

Shogun Consultants Limited

Company Abbreviation

WeekendFX

Platform registered country and region

The Virgin Islands

Company website

X

Instagram

YouTube

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 3
Previous Detection : 2025-05-03
  • This broker exceeds the business scope regulated by The Virgin Islands FSC(license number: 9453)Business Registration Non-Forex License. Please be aware of the risk!
  • The The Virgin Islands FSC regulation with license number: 9453 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

Exposure

4 pieces of exposure in total
Pyramid scheme complaint
Expose
Resolved

Login screen comparison with Forexland

As you can see from the image, it is clearly a copy site. Recently, there has been an increase in the number of copy trading requests on WeekendFX, but please be careful as there is a high possibility that the contents are from Forexland, which is notorious for Ponzi.

CSM
2024-03-14 13:02
Others

Fake Licenses

WeekendFX (SHOGUNCONSULTANTS LTD) license says on their official website that they have MSB and NFA, but they actually do not have them! A search on the official websites of each agency shows that the MSB was not obtained in the first place and the NFA was withdrawn on February 3, 2023! https://www.nfa.futures.org/BasicNet/basic-firm-exemptions.aspx?nfaid=IN1gNF1tnRo%3D

CSM
2024-02-10 13:34
Others

I have already withdrawn from NFA and have not joined MSB.

When I checked on the official website of NFA, I have withdrawn my membership (attached) in MSB. MSB Registration Number/DCN must be 14 digits number. So, the number M22538696 on the weekendFX website does not have enough digits. This is probably from FINTRAC, and they are using it to make you believe (attached). I was almost fooled by a person called the Technical Goddess.

わる
2024-02-20 10:22
Unable to Withdraw

Unable to move funds or make withdrawal requests

I opened an account for 〇〇 trading and conducted copy trading. However, there were suspicious parts in the transaction history, so I tried to withdraw and cancel my membership. However, I couldn't transfer funds from my account to my wallet, and even when I requested support, I couldn't get proper assistance. After the fund transfer was completed, I couldn't make a withdrawal request. In the end, I had to create two support tickets for a single fund transfer, and it took time to receive a response. I also had to create two tickets for the withdrawal process. It took more than 10 days to complete the withdrawal. 😥 Furthermore, when I look at the transaction history, there are some entries without round numbers or decimal places, which raises doubts about whether the orders were actually placed.

FX2303903161
2024-08-24 20:33
WeekendFX · Company summary
WeekendFX Review Summary
Founded2020-08-02
Registered Country/RegionThe Virgin Islands
RegulationGeneral Registration
Market InstrumentsFX/Cryptocurrency/Stock indices/Precious metals
Demo Account✅
LeverageUp to 1:500
SpreadFrom 0 pips
Trading PlatformMT5(Windows/iOS/Android)
Min DepositGas Fee & Stablecoins: $10 or moreEthereum Chain (ERC20): $30 or more
Customer SupportEmail: info@weekend-fx.com
YouTube/Twitter/Instagram

WeekendFX Information

WeekendFX is a brokerage company specializing in FX, cryptocurrency, stock indices, and precious metals markets. It provides investment services 24 hours a day, 365 days a year on cryptocurrency trading. The broker also provides standard and demo accounts with a maximum leverage of 1:500. However, unregulated status raises concerns among investors. Some traders have encountered difficulties in withdrawing funds from this platform and suspect that it is related to a Ponzi scheme.

WeekendFX Information

Pros and Cons

Pros Cons
Leverage up to 1:500General Registration
24/7 customer supportNo Islamic accounts
MT5 availableNegative reviews(Unable to Withdraw)
Demo account available
Spread as low as 0 pips

Is WeekendFX Legit?

WeekendFX is Generally registered in the British Virgin Islands Financial Services Commission(FSC) under license No.9453 and License Type Common Business Registration. Its unregulated status makes its financial activities risky.

Is WeekendFX Legit?
Is WeekendFX Legit?

What Can I Trade on WeekendFX?

WeekendFX offers 4 major markets, such as FX, cryptocurrency, stock indices, and precious metals.

Tradable Instruments Supported
Forex✔
Stock Indices✔
Cryptocurrency✔
Precious Metals✔
Commodities❌
Shares❌
ETFs❌
Bonds❌
Mutual Funds❌
What Can I Trade on WeekendFX?

Account Type

WeekendFX has two account types: standard and demo accounts. The demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only. Everyone can also earn money by copying the success of top traders.

Account Type StandardDemo
Leverage1:5001:500
Minimum Deposit$100-

WeekendFX Fees

Spread-only accounts have no additional fees while fee-bearing accounts have spreads starting at zero pips depending on the account type clients choose.

Leverage

The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.

Trading Platform

WeekendFX cooperates with the authoritative MT5 trading platform, which is available in Windows, iOS, and Android. Traders with rich experience are more suitable for using MT5. Both MT4 and MT5 provide various trading strategies and implement EA systems.

Trading PlatformSupported Available Devices Suitable for
MT5✔Windows/iOS/AndroidExperienced traders

Deposit and Withdrawal

WeekendFX accepts Bank transfers and Wire transfers for deposits and withdrawals. Transfer processing times are within 24 hours and associated fees are none.

Bonus

Deposit with crypto and get a 10% bonus! If you pay by bank transfer, get a 5% discount.

User Reviews

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User comment

6

Comments

Write a review

John47971
more than one year
What a wonderful experience, so pleased with their customer support service. I was poor but ever since I got to be introduced to this company, my life has changed. Thank you very much!
What a wonderful experience, so pleased with their customer support service. I was poor but ever since I got to be introduced to this company, my life has changed. Thank you very much!
Translate to English
2023-03-07 17:41
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0
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奈何轮回
more than one year
I've been using WeekendFX for a couple of weeks now, and honestly, it's been quite refreshing. The weekend trading option is a lifesaver since it fits with my hectic weekdays. Using MT5 on my mobile while on the move has been seamless and efficient. What really stood out to me was their customer service; they were incredibly patient and helpful when I had issues setting up my account. It feels good not to worry about missing out on market movements over the weekend anymore!
I've been using WeekendFX for a couple of weeks now, and honestly, it's been quite refreshing. The weekend trading option is a lifesaver since it fits with my hectic weekdays. Using MT5 on my mobile while on the move has been seamless and efficient. What really stood out to me was their customer service; they were incredibly patient and helpful when I had issues setting up my account. It feels good not to worry about missing out on market movements over the weekend anymore!
Translate to English
2024-06-18 10:17
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0
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4