Homefx-Plus Review: Is It a SCAM or May Be Trusted?

Homefx-Plus - logo

Registered in the Marshall Islands, the Homefx-Plus platform offers Forex trading services. Nevertheless, the broker has lost its official registration and currently does not have the status of a legal entity. So, let us review whether this broker is a scam or if it may really be trusted.

Homefx-Plus General Information

Website https://www.homefx-plus.com
Phone Number +44 2030976214, +34 910035186
Email support@homefx-plus.com, support@homefx-plus.info
Address Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96961
Minimum Deposit $250
Assets Currency pairs, CFDs on metals, cryptocurrencies, and stocks
Leverage 1:400
Trading Platform WebTrader

Registration and Client Portal Review

To begin with, the service is made qualitatively, without flaws in animations, design, etc., and adapted to mobile devices. On the other hand, it is not quite informative: some vital information is simply not available there.

Homefx-Plus - official website

The registration process is simple. It is enough to specify:

  • Full name
  • Password
  • Trading currency
  • Promo code (if available)

Nevertheless, despite the only 4-step registration process, it was still impossible to create an account, and it was all the developers’ technical error. So, when trying to register, the system just does not allow a user to go to the next step without entering a promo code, which should be optional. However, one cannot go through the registration process without it.

Invalid registration form

It is also worth noting that the registration of accounts in Homefx-Plus is not available to residents of the United States. And as a “test drive” of the platform, the company offers its newcomers a demo account where all the features are considered.

Homefx-Plus Trading Conditions

The trading conditions at Homefx-Plus assume a high leverage of up to 1:400 for each of the instruments available for trading.

Account Types Review

Classic Gold Platinum VIP
€1,000 €10,000 €25,000 €100,000

Account types here vary in price per month – from $1,000 to $10,000 – depending on the features provided. At the same time, the trading conditions practically do not differ from each other – the types of accounts rather affect the set of privileges and the quality of service at various levels.

At the same time, the funding regulations contain quite different information about the minimum deposit. So, for credit cards, it is equal to 250 dollars, euros or pounds.

Trading Platform

In the process of trading, the company uses the WebTrader platform with various settings to apply different strategies using its capabilities. This ready-made trading solution also requires installing the corresponding application on Android or iOS. However, the links are dead-end and lead nowhere. So we don’t think there are any mobile apps.

Homefx-Plus – Deposit and Withdrawal of Funds

As a method of depositing and withdrawing funds from Homefx-Plus, the platform offers wire transfers, bank cards, and Skrill.

Regarding the method, there are diverse transactional fees: e.g., for bank (debit and credit) cards it is 3.5%; and for wire transfers, it is fixed – $30. Fees are not specified for electronic means of payment.


To register a real account on the platform, one has to fill in the following data:

  • Passport details
  • Bank account details
  • Address

Nevertheless, the deadlines for confirming the information are indistinct and hardly draw to one business day.

Education & MAM

For its users, the company made educational content on assets and Forex trading. However, some of the materials are blocked or even inaccessible – especially for unregistered users – and simply do not open on the website.

One more feature advertised by the company is the so-called MAM account. According to the administration of Homefx-Plus, it allows regulating the activities of several customers at once from just one main account. On the other hand, it is still not clear whether there is such an actual possibility, since, as mentioned above, it is impossible to register any account here at all.

Is Homefx-Plus a Scam?

Judging by the lack of essential information on the site and questionable conditions with suggested account types, the company is bound to be a scam. Let us delve into the details.

According to the broker’s information, Homefx-Plus belongs to and is managed by the Astrica LTD organization that is registered in the Marshall Islands. And even though the company’s name is listed in the state’s international registries database (https://resources.register-iri.com/), its license has been annulled for some reason. It means that Homefx-Plus and Astrica LTD are not officially registered at the moment anywhere.

Registry checking

On the other hand, the administration claims that the funds and assets of clients are stored outside the Homefx-Plus ecosystem, but in depositories and the accounts of partner banks. However, the names of these banks are not specified at all.

Homefx-Plus.com Domain Info

Although the registration of the site date corresponds to the broker establishment, the service working period is extremely short – only about a year.

Whois checking

Contacts Review

The support service here works 9 hours – from 9am to 5pm – and 5 days a week – from Monday to Friday. If users have any problems or questions, they will be able to contact it by phone at +44 2080978278 or +34 910035186, and by email at support@homefx-plus.com.

Pros and Cons

  • Free pieces of training.
  • A wide selection of assets for trading.
  • Lack of legislation and registration.
  • Short runtime.
  • Impossibility to register without a promo code.
  • Lack of information about customer funds storage locations.
  • Not round-the-clock support.


Frequently Asked Questions (FAQ)

What Does Homefx-Plus Offer?

Homefx-Plus is an unlicensed broker that offers options for trading with a diverse range of currencies and CFDs.

How Much Money Should I Invest With Homefx-Plus?

According to the website, the minimum deposit here is $250 for bank cards and electronic payments, or $500 for wire transfers.

Is Homefx-Plus Safe?

Following our review results, Homefx-Plus is not a reliable organization for Forex and other kinds of trading – mostly because of a lack of official registration and regulation.

Subhash Mishra
Forex & CFD Trader

Subhash is a Bengali who has been trading for 16 years. You will find the most objective reviews of Forex and CFD brokers in his articles.

Subhash is a Bengali who has been trading for 16 years. You will find the most objective reviews of Forex and CFD brokers in his articles.

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Client Reviews

  1. Jacob

    A very dubious company…

    Registered here to learn how to trade and earn some money. As a result, I deposited $5,000, and so far, it is unprofitable. I don’t know if this company is a fraud, but everything is quite strange here: after registration, they haven’t sent a single letter or material, and support says nothing even on trivial matters … I guess, the administration should at least welcome its users for such a large deposit…

  2. Thomas

    Total scam!

    Just can’t find the words to say how angry I am at this scam broker! I registered, replenished my account, and traded for a week. And as soon as I earned about $500, I received a message that some fraudsters allegedly took over my account, and therefore it is blocked. As a result, my money is gone because of this scam.

  3. Jimmy

    Don't recommend this broker

    I really, really regret meeting these scammers. If it weren’t for their fake conditions and activities, my money and nerves would be fine!