Score

1.83 /10
Danger

CentFX

Anguilla

2-5 years

Questionable Regulatory License

MT5 Full License

Regional Brokers

High Potential Risk

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Comparison

Quantity 4

Exposure

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Website

Score

Regulatory Index5.13

Business Index6.14

Risk Management Index4.79

Software Index8.40

License Index1.47

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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

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Broker Information

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Company Name

CentFX Limited

Company Abbreviation

CentFX

Platform registered country and region

Anguilla

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2026-08-29
  • This broker lacks valid forex regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
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CentFX · Company summary
CentFXReview Summary
Founded2019-11-29
Registered Country/RegionAnguilla
RegulationRegulated
Market InstrumentsForex/Indices/Crypto/Metal
Demo Account
LeverageHome page: up to 1:500/Account: up to 1:1000
SpreadFrom 0 pips
Trading PlatformMT5(Windows/iPhone/Android/Mac)
Min Deposit$10
Customer SupportEmail: support@centfx.com
Phone: +971 4 331 5944
Facebook/Twitter/Pinterest/Tumblr
Live chat

CentFX Information

CentFX is an brokerage firm that has been providing services for trading and investment in currency and derivatives markets. The tradable instruments include Forex, Indices, Crypto, and Metal. The broker also provides four live accounts with a maximum leverage of 1:1000. The minimum spread is from 0 pips and the minimum deposit is $10. CentFX also offers swap-free accounts and an MT5 platform.

CentFX Information

Pros and Cons

Pros Cons
Leverage up to 1:1000Demo account unavailable
24/5 customer support (24/7 Availability)No bonus information
Regulated
Spread from 0 pips
Swap-free account available
Various tradable instruments
MT5 available

Is CentFX Legit?

It is relatively safe for investors to conduct financial activities in regulated entities. The regulatory information of this broker is as follows:

Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent Status
Is CentFX Legit?
FSCCENT MARKETS LIMITEDRetail Forex LicenseGB23201644Offshore Regulated
Is CentFX Legit?
FinCENCENTFX LimitedFinancial Service31000280998965Regulated
Is CentFX Legit?
ASICCENTFX PTY LTDAppointed Representative(AR)001312386Regulated
Is CentFX Legit?

What Can I Trade on CentFX?

CentFX offers over 400 market instruments, including Forex, Indices, Crypto, and Metal.

Tradable Instruments Supported
Forex
Crypto
Metal
Indices
Commodities
Stocks
Shares
ETFs
Bonds
Mutual Funds
What Can I Trade on CentFX?

Account Type

CentFX has four account types: Micro, Standard, ECN, and Customized. Traders who want low spreads and leverage can choose an ECN account, while those with a sufficient budget can open a Customized account. Muslims can open Islamic accounts without swaps but a minimum deposit of $500 is required.

Account Type MicroStandardECNCustomize
Minimum Deposit$10$500$5000$10000
SpreadsFrom 1.5 pipsFrom 1.2 pipsFrom 0 pipsFrom 0 pips
Maximum Leverage1:10001:8001:200Up to 1:1000

CentFX Fees

The spread starts from 0 pips, the commission is from 0, and the swaps are from zero. The lower the spread, the faster the liquidity.

Leverage

The home page of CentFX's official website states that the maximum leverage is 1:500, but the maximum leverage supported by the account type is 1:1000.

Trading Platform

Traders can experience MT5 available on Windows, iPhone, Android, and Mac through the CentFX Android version. Traders with rich experience are more suitable for using MT5. The MT5 platform deals with the Forex, Futures, Stocks, Bonds, and Options markets.

Trading PlatformSupported Available Devices Suitable for
MT5Windows/iPhone/Android/MacExperienced traders
CentFXAndroidAll traders
Trading Platform

Deposit and Withdrawal

The first deposit amount must be $10 or above. CentFX accepts Bank wire transfers, Electronic payment systems, and cryptocurrency for deposit and withdrawal.

Deposit and Withdrawal

News

NewsCentFX, Something You Need to Know

CentFX is an online forex broker offering various market instruments. WikiFX conducts a comprehensive review of this broker so that you can make a good decision.

WikiFX
2024-09-06 15:50
CentFX, Something You Need to Know

User Reviews

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FX4203618609
0-3months
I am writing to expose CentFX for a severe security breach and fraudulent activities on my trading account.The Fraud Incident: After I deposited $4,000 USD into my CentFX account, a massive withdrawal of $3,900 USDT was processed entirely without my consent.Security Bypass: I had Google Authenticator (2FA) fully activated on my account. Shockingly, CentFX approved and released this withdrawal without requesting any 2FA code from me. This is a direct system bypass and a clear insider theft.On-Chain Evidence: The stolen funds were moved via the TRC20 network to the following address. Exchange Destination: Through on-chain blockchain tracking via Tronscan, I discovered that the funds were routed directly into a merchant/deposit wallet of the ChangeNOW exchange Destination Wallet,Transaction。CentFX has stolen my hard-earned money and violated all financial security protoc
I am writing to expose CentFX for a severe security breach and fraudulent activities on my trading account.The Fraud Incident: After I deposited $4,000 USD into my CentFX account, a massive withdrawal of $3,900 USDT was processed entirely without my consent.Security Bypass: I had Google Authenticator (2FA) fully activated on my account. Shockingly, CentFX approved and released this withdrawal without requesting any 2FA code from me. This is a direct system bypass and a clear insider theft.On-Chain Evidence: The stolen funds were moved via the TRC20 network to the following address. Exchange Destination: Through on-chain blockchain tracking via Tronscan, I discovered that the funds were routed directly into a merchant/deposit wallet of the ChangeNOW exchange Destination Wallet,Transaction。CentFX has stolen my hard-earned money and violated all financial security protoc
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2026-08-29 02:42
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FX4203618609
0-3months
I am writing to report a major security breach and fraudulent activity by CentFX. On 15th August 2026, a total of $3900 was withdrawn from my CentFX account without my consent. Most importantly, I had Google Authenticator (2FA) fully enabled on my account for security. CentFX approved this massive withdrawal bypasssing the Google Authentication protocol, which is a clear violation of security standards. I have contacted CentFX support via email and chat multiple times regarding this unauthorized transaction, but they have not provided any reply, explanation, or reason. They are completely ignoring my queries.
I am writing to report a major security breach and fraudulent activity by CentFX. On 15th August 2026, a total of $3900 was withdrawn from my CentFX account without my consent. Most importantly, I had Google Authenticator (2FA) fully enabled on my account for security. CentFX approved this massive withdrawal bypasssing the Google Authentication protocol, which is a clear violation of security standards. I have contacted CentFX support via email and chat multiple times regarding this unauthorized transaction, but they have not provided any reply, explanation, or reason. They are completely ignoring my queries.
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2026-08-28 17:29
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