Score

1.48 /10
Danger

EncoreFX

Hong Kong

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.74

Risk Management Index0.00

Software Index4.00

License Index0.00

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

Broker Information

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Company Name

EncoreFX Limited Industries, Ltd

Company Abbreviation

EncoreFX

Platform registered country and region

Hong Kong

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-09-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
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User Reviews

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User comment

3

Comments

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danggeroud
more than one year
I attempted to reach out to EncoreFX's customer service but received no response, leaving me quite perplexed. It's disappointing to experience a lack of communication, as timely and effective customer support is crucial in the trading industry. This has significantly impacted my confidence in the platform.
I attempted to reach out to EncoreFX's customer service but received no response, leaving me quite perplexed. It's disappointing to experience a lack of communication, as timely and effective customer support is crucial in the trading industry. This has significantly impacted my confidence in the platform.
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2023-12-21 21:48
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@^_^
more than one year
The trading experience on EncoreFX was just okay. I didn't encounter any major issues, but I also didn't feel particularly impressed. The platform was easy enough to navigate, but the customer service could have been more responsive. The spreads were decent, but not the best I've seen. Overall, I wouldn't say EncoreFX stood out as a particularly outstanding broker, but it wasn't terrible either.
The trading experience on EncoreFX was just okay. I didn't encounter any major issues, but I also didn't feel particularly impressed. The platform was easy enough to navigate, but the customer service could have been more responsive. The spreads were decent, but not the best I've seen. Overall, I wouldn't say EncoreFX stood out as a particularly outstanding broker, but it wasn't terrible either.
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2023-04-23 15:30
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