Score

1.62 /10
Danger

The TrustFx

United Kingdom

2-5 years

Questionable Regulatory License

Suspicious Operational Region

High Potential Risk

D

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Time Machine
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Score

Regulatory Index2.21

Business Index6.23

Risk Management Index1.72

Software Index4.52

License Index2.69

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

open now

Regulatory disclosure

Danger

UK FCA
2023-02-03

Broker Information

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Company Name

The TrustFx

Company Abbreviation

The TrustFx

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2026-09-07
  • This broker lacks valid forex regulation. Please be aware of the risk!
  • Current data indicates that this broker does not have trading software. Please be aware of the risk.

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User Reviews

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User comment

2

Comments

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崇盛
more than one year
Low spreads with no commission, which is quite attractive for most traders, while the minimum deposit of 500 USD is too high for newbies. Everyone has to pay attention that this broker does not appear to be regulated by any major financial regulatory authority, which may raise concerns about the legitimacy of their services. Furthermore, their website does not provide much information about the company's background, history, or ownership, which may also be a cause for caution.
Low spreads with no commission, which is quite attractive for most traders, while the minimum deposit of 500 USD is too high for newbies. Everyone has to pay attention that this broker does not appear to be regulated by any major financial regulatory authority, which may raise concerns about the legitimacy of their services. Furthermore, their website does not provide much information about the company's background, history, or ownership, which may also be a cause for caution.
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2023-03-20 10:11
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L.
more than one year
Stop-loss was not workable at all, and spreads can become wildly wide sometimes. I hope they can focus more on its trading platform, improving functionality and performance. What’ more, scalping is not supported on this platform.
Stop-loss was not workable at all, and spreads can become wildly wide sometimes. I hope they can focus more on its trading platform, improving functionality and performance. What’ more, scalping is not supported on this platform.
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2023-03-06 11:55
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