General Information About the Broker
CarltonFX.com offers CFDs on forex, commodities, stocks, and crypto. They support MetaTrader 5 for desktop and mobile traders. Their website highlights fast execution, extensive instruments, and 24/7 support. The broker is incorporated in Saint Lucia but operates from Dubai, UAE. WHOIS data shows establishment around 2022, making the brand relatively new. The claimed global reputation may mislead given limited history.
Claimed Licenses and Regulation
Carlton Financial Limited claims compliance, but offers no regulator details. BrokersView and WikiFX deem the broker unregulated. ForexPeaceArmy lists CarltonFX as offering MT5 without clear licensing documents. Operating without FCA, ASIC, or CySEC regulation presents high investor risk.
Trading Conditions
Account tiers start at $10 minimum deposit, with up to 1:500 leverage. They list five account types: Zero, Pro, Premium, Standard, and Cent. Spreads vary by account, metals spreads may reach zero on Zero account. Commission varies: Zero account charges $25, others are commission‑free. Terms on fees are thin and unclear.
Trading Platform and Technology
They use MetaTrader 5 across platforms (desktop, web, mobile). Demo account availability is mentioned but not clearly tested. Platform performance and execution speed lack confirmation from independent sources. Scalping under 180 seconds or stale trades under 10 seconds are prohibited and subject to reversal rules.
Client Reviews and Feedback
Trustpilot rating averages 2.5/5 from 17 reviews, with majority one‑star ratings. Many users report blocked withdrawals and lost funds. For example:
“CARLTON IS A BIG SCAM, AVOID THEM… I ONLY GOT ALL DEPOSITS OF 101,500 USD”.
Negative feedback dominates despite few positive comments.
Potential Scam Strategies
Without proper regulation, CarltonFX may deny withdrawals. They may cancel trades under misquote or stale quote policies to negate profits. High leverage and low deposit allure may mask hidden trading costs. Aggressive upselling or pressure tactics might encourage repeated funding to sustain broker revenue.
Expert Opinion
This carltonfx broker review reveals serious credibility issues. No verifiable licensing, policy clauses that allow reversals, and widespread client complaints create a risky profile. The risk of loss due to restricted access or reversed trades is high. On balance, the broker’s structure and reputation suggest unreliability.
Conclusion
This carltonfx broker review highlights multiple red flags. Investors should avoid engaging with this broker. Prefer platforms regulated by FCA, ASIC, or CySEC. Seek brokers that clearly publish licensing, trade conditions, and user feedback. Guard your capital by using transparent, regulated trading services.
