✔️ Information reviewed and updated in July 2024 by Eduardo López


In this article I will thoroughly review EncoreFx Global, a broker specialized in forex and CFDs whose website is encorefxglobal.com. Is this broker truly trustworthy? Is it safe to trust this company with your capital? I will carefully study all the relevant aspects of this entity.

I will explain to you why I think EncoreFx Global is an UNSAFE company AND I CONSIDER IT AS UNRELIABLE. BE CAREFUL WITH THIS KIND OF COMPANIES!


Here are two things that I would like to highlight, (1) the first thing that is important to know is about its regulation and (2) the second is the location of the company. These are two data of vital importance to be able to measure the seriousness and reliability of a company.

Does the company have no regulation or is it regulated by an unserious country? Is the company located in an unreliable place or does it not mention where it is located? These are questions that every investor should ask about the reliability of the company.

InformationAbout the company
(I.e. CompanyNot mentioned
???? AddressUnited States
📄 Attend the eventNot mentioned
🛡️ RegulapainNot mentioned
️ ️ Phone 1-800-356-8933
📧 Email[email protected]
🌐 Websiteencorefxglobal.com
???? Live ChatNo
💳 Payment methodsCredit card, cryptocurrencies
Company typeforex and CFD broker




EncoreFx Global does not provide a variety of account options for its clients.


Below you will see the company's website and a small analysis about the website:

EncoreFx Global website
  • Unidentified website owner: There is no clear information about who owns the website, reflecting a lack of transparency in critical data. 🚩
  • Age of the website: The domain “encorefxglobal.com” was registered on September 21, 2023, which indicates that the website is relatively new. 🚩
  • Undeclared Regulation: As I mentioned earlier, the company does not provide details about its regulation, suggesting that it might not be subject to any regulatory framework. 🚩

⭐ OPINION OF EncoreFx Global:

After having carried out an analysis of the company, I have come to the following conclusions:

1) The claim that the company is located in the United States appears to be misleading, suggesting a lack of transparency in its communication. Extreme caution is recommended in this regard.

2) The company does not mention being regulated or anything about its regulation. I understand that it is a UNREGULATED company.

3) The recent creation of the domain “encorefxglobal.com” on September 21, 2023 suggests a lack of track record or experience in the market, which may influence the reliability of the company.

4) The company has a very bad reputation on the internet, I have already been able to find customer complaints.

5) The complaint by the CNMV, National Securities Market Commission, highlights the lack of security and possible irregularities in the company's commercial practices. Caution is advised when considering any type of investment with this entity.

“To be honest with you, I would not invest in this type of company: it is not regulated. It does not mention which company it belongs to. I honestly cannot recommend a company of this type.”


EncoreFx Global stands as an investment broker that raises considerable concerns for a number of alarming reasons. The ambiguity regarding its alleged headquarters in the United States suggests a lack of transparency, raising questions about the integrity and reliability of the company, which urges investors to be cautious when considering any type of association with it. The absence of information about its regulation poses an even more disturbing scenario, suggesting the possibility of operating outside a regulatory framework, which increases the risks for investors, who could find themselves unprotected against potential complications.

The recent registration of the domain “encorefxglobal.com” in September 2023 suggests a lack of experience or track record in the market, which could negatively impact the credibility and stability of the company as an investment entity. This lack of track record could generate distrust among potential investors, who may be reluctant to trust their funds to such a new and unproven entity. The presence of online customer complaints also contributes to the negative perception of EncoreFx Global, casting doubt on the quality of its services and customer satisfaction.

Furthermore, the CNMV complaint raises serious concerns about the security and legality of EncoreFx Global's business practices, underscoring the importance of caution and due diligence on the part of investors before considering any type of business relationship with this company. In summary, the multiple red flags associated with EncoreFx Global make it a poor option for investors looking for a safe and reliable investment platform.


1) Update May 2024: la FCA, Financial Authority of the United Kingdom, has reported EncoreFx Global.

2) Update May 2024: la CNMV, National Securities Market Commission, has denounced EncoreFx Global.

✔️ CLAIM MONEY FROM EncoreFx Global:

If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.

We work with a capital recovery service. here you can get your money back.

In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.

Claim your money now!

If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.

🚨 REPORT EncoreFx Global:

If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:

🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch

🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch

🇨🇱 Chile: the financial regulator is CFM, here you can get in touch

🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch

🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch

🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch

🇺🇸 United States: the financial regulator is FINRA, here you can get in touch

🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch

🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch

🇵🇪 Peru: the financial regulator is SBS, here you can get in touch

If your country is not on the list, leave a comment and I will gladly help you!


What is EncoreFx Global?

EncoreFx Global presents itself as a forex and CFD investment broker, offering investors the opportunity to participate in the foreign exchange market and contracts for difference. When considering this broker as an investment option, it is important to evaluate several factors, including its reputation, transparency and regulation.

Is EncoreFx Global a scam – is it a scam?

In my opinion it is, I think it's a scam. Taking into account different characteristics of this company, I must qualify it as a very bad and very unsafe one.

Is EncoreFx Global trustworthy?

EncoreFx Global is a company that I consider UNTRUSTABLE. It has characteristics that make it a very unsafe company: be very careful.

How to get money back from EncoreFx Global?

If you have lost your money or been scammed, I recommend you try the capital recovery service.

Which broker is reliable to invest?

If you want to know a safe and reliable company, I invite you to see the ranking of best brokers and you can also check the 3 best brokers of the month.

Eduardo Lopez

Editor and Copywriter

I am Eduardo López Martínez, I was born in Madrid, Spain and I am 48 years old. I am a journalist and I am part of the Brokersdeforexconfiables.com team. Do you want to know a little more about me? I invite you to read my biography.

See publications of Eduardo López

Review rating: 5/5 - (269 votes)

2 comments on «IS EncoreFx Global RELIABLE? OPINIONS»

  1. Leo Reply

    This company seems like a scam. It is true, I could not withdraw, do not fall into the trap, I know you will thank me.

    • reliableforexbroker.com Reply

      Hello Leo, EncoreFx Global is a SCAM, we are receiving many complaints from investors, they do not return the money, they should never invest in a broker without REGULATION.

      They create positive comments of their own to confuse investors and pose as a serious and legal company but everything is invented and if you mention our review they say that we are the competition and that is not true (we only do reviews of brokers).

      When you request a withdrawal of capital or benefits, if they make excuses and force you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.

      If you want to recover the money you can do it from the CHAT on our website or by filling out the form at this link: Get your money back, we are with you


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