FM GLOBAL LIMITED Review (2025): Is it Safe or a Scam?

When evaluating a financial service provider, the most critical metric is its regulatory standing. For FM GLOBAL LIMITED, the indicators are flashing red. With a critically low WikiFX Score of 1.61 out of 10, this platform demonstrates severe deficiencies in safety, transparency, and legal compliance.

Investors often look for established dates as a sign of trust. While FM GLOBAL LIMITED was established in 2017, longevity alone does not equate to safety. The current data suggests that this broker has lost its regulatory footing, leaving clients potentially vulnerable to significant financial loss. This review analyzes the specific data points that result in this “Danger” rating.

(Score Card Visual)

Regulatory Status and License Check

The cornerstone of forex safety is a valid license from a reputable government body. Without this, a broker is essentially operating as an unaccountable entity.

The Revoked License

According to the latest WikiFX database records, FM GLOBAL LIMITED previously held a license with the Vanuatu Financial Services Commission (VFSC) under Regulation Number 14764. However, the current status of this license is Revoked.

This is a critical distinction that traders must understand.

• “Regulated” means the broker is currently under supervision, must keep client funds segregated, and is subject to audits.
• “Revoked” means the regulator has stripped the broker of its right to operate, likely due to non-compliance, failure to renew, or violations of financial laws.

Why This is Dangerous

Vanuatu (VFSC) is already considered an offshore regulator with lighter requirements compared to top-tier bodies like the FCA (UK) or ASIC (Australia). When a broker loses even this basic offshore license, it signals a complete collapse of internal governance.

1. No Fund Segregation: With a revoked license, there is no legal requirement for FM GLOBAL LIMITED to keep your money separate from their operational bank accounts. They could legally (in their view) use client deposits to pay their own debts.
2. No Compensation: If the broker goes bankrupt or disappears, there is no compensation scheme to reimburse you.
3. Zero Oversight: There is no government body monitoring their trade execution. They can manipulate spreads or deny withdrawals without fear of legal repercussions from financial authorities.

(Regulatory Status Visual)

Exposure: Hidden Risks and Transparency Issues

While specific user narrative text was not provided for this review, the WikiFX system has flagged “Multiple Exposure Information” in the broker's disadvantage list. In the context of the WikiFX database, “Exposures” invariably refer to user complaints regarding:

• Inability to withdraw funds.
• Severe slippage (losing money due to price manipulation).
• Customer support ghosting clients after deposits are made.

The “Black Box” of Operations

A major red flag for FM GLOBAL LIMITED is the lack of transparent trading data. Legitimate brokers openly advertise their spreads, leverage limits, and account types to attract traders.

• Missing Leverage Data: The broker does not disclose its maximum leverage. Unregulated entities often offer dangerous leverage (e.g., 1:500 or 1:1000) to encourage inexperienced traders to open large positions that lead to rapid account liquidation.
• Missing Spread Data: There is no clear information on trading costs. This usually indicates that the broker profits from high, hidden fees or widening spreads during volatility.

When a broker hides its trading conditions and has a low score of 1.61, it is statistically highly probable that the platform operates as a “B-Book” or “Market Maker” without oversight—meaning they profit directly when you lose money.

Analysis of Support and Regional Targeting

The provided data indicates that FM GLOBAL LIMITED primarily targets the Chinese market, offering support in Simplified Chinese.

• Contact Number: +86 400 160 0112
• Email: mgasia@fm-globalltd.com

The use of a mainland China (+86) number combined with a revoked offshore license creates a complex legal void. Forex trading on margin is strictly regulated in China, and offshore brokers with revoked licenses are operating in a grey/black market zone. The disadvantage data notes that while they may answer questions, “waiting times can be long.” In the world of online trading, slow support is often a precursor to exit scams. If you cannot reach support instantly when a withdrawal is pending, it is often too late to recover your funds.

Conclusion: Is FM GLOBAL LIMITED Recommended?

Based on the factual data provided by the WikiFX system, FM GLOBAL LIMITED is NOT RECOMMENDED.

The combination of a Revoked License, a hazardous Score of 1.61, and a lack of transparency regarding trading conditions makes this platform a high-risk entity. The fact that the regulator (VFSC) has already canceled their authorization suggests that the broker no longer meets the minimum standards required to handle client money.

Verdict: Avoid / High Risk

• Do not deposit funds. If you have funds currently deposited, request a withdrawal immediately.
• Ignore cold calls. Brokers with this profile often use aggressive sales tactics to recover lost capital.

To protect your investments, always choose brokers with a WikiFX Score above 7.0 and valid, active regulation. To check the live status of any broker and verify their license is still active, search for them directly on the WikiFX App.