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CedarFX -

Score

2.08 /10
Danger

CedarFX

Mauritius

5-10 years

Suspicious Regulatory License

MT4 Full License

Regional Brokers

High potential risk

https://www.cedarfx.com

Influence

C

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Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.89

Risk Management Index0.00

Software Index7.88

License Index0.00

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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

Cedar Ltd

Company Abbreviation

CedarFX

Platform registered country and region

Mauritius

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-07-07
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Exposure

1 pieces of exposure in total
Pyramid scheme complaint
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Sources
Data Source WikiFX Data provide
Updated: 2025-07-07
CedarFX · Company summary
CedarFX Review Summary
Founded2018
Registered Country/RegionMauritius
RegulationNo regulation
Market InstrumentsForex, Commodities, Crypto CFDs, CFDs, Indices, Stocks
Demo Account✅
Leverage/
EUR/USD Spread0.0–0.2 pips (with 0% Commission Account)
Trading PlatformMetaTrader 4 (MT4), Web Trader
Minimum Deposit$10
Customer SupportLive chat

CedarFX Information

CedarFX, established in 2018 and incorporated in Mauritius, is an unregulated broker that trades over 180 assets, including forex, commodities, stocks, indices, and cryptocurrency CFDs. It offers two types of accounts (0% commission and Eco) and supports MT4 on PC, mobile, and online platforms.

CedarFX's homepage

Pros and Cons

ProsCons
Zero-commission tradingNo regulation
Supports crypto deposits & withdrawalsNo MT5
Offers both live and demo accountsNo swap-free (Islamic) account
Inactivity fee charged

Is CedarFX Legit?

CedarFX is an unregulated broker. Although it claims to be registered in Mauritius, the country lacks a recognized financial authority that oversees or regulates FX or CFD brokers.

No license

According to Whois records, the domain cedarfx.com was registered on March 21, 2018, last updated on March 22, 2025, and will expire on March 21, 2027. The domain status is currently set to “client delete prohibited,” “client renew prohibited,” “client transfer prohibited,” and “client update prohibited”.

Domain information

What Can I Trade on CedarFX?

CedarFX provides over 180 financial assets, including forex, indices, commodities, stocks, futures, and cryptocurrency CFDs. Traders have access to major, minor, and exotic currency pairs, global indexes, precious metals, oil, and a diverse variety of top company stocks.

Tradable InstrumentsSupported
Forex✓
Commodities✓
Crypto CFDs✓
CFDs ✓
Indices✓
Stocks✓
Bonds✓
Options✓
ETFs✗
What Can I Trade on CedarFX?

Account Type

CedarFX provides two types of live trading accounts: the 0% Commission Account for cost-conscious traders and the Eco Account for those who want to support sustainability efforts. Both account types are accessible as real or demo accounts, and they may be created using the MetaTrader 4 platform. CedarFX does not specifically specify Islamic (swap-free) accounts on their website.

Account Typekey FeaturesSuitable for
0% Commission AccountNo commission, low spreads, no transaction fees, 180+ assets, Bitcoin & fiat deposits acceptedCost-conscious traders seeking minimal fees
Eco Account$1 commission per lot, matched by CedarFX, funds go to Ecologi for environmental projectsTraders wanting to support sustainability
Account Type

CedarFX Fees

CedarFX's overall fees are lower than industry standards since it charges 0% commission on trades, allowing traders to use their whole deposit at no additional expense.

Zero commission

Non-Trading Fees

Non-Trading FeesAmount
Deposit Fee0
Withdrawal Fee0
Inactivity Fee$10 USD per month after 180 days of account open, if no deposit in 90 days and no trading activity in 30 days

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MetaTrader 4 (MT4)✔Windows, Android, iOS, Web TraderBeginners
MetaTrader 5 (MT5)❌—Experienced traders
MT4

Deposit and Withdrawal

CedarFX does not impose deposit or withdrawal fees, however, Bitcoin transactions incur blockchain network/miner costs. The minimum deposit is $10 (Bitcoin) or $50 (other methods), while the minimum withdrawal is $10.

Payment MethodMinimum DepositMinimum WithdrawalFeesDeposit TimeProcessing Time
Bitcoin$10$10No CedarFX fee, but blockchain/miner fees apply5–60 minWithin 24h + blockchain time
Credit/Debit Card via Instacoins$50-Third-party fees (Instacoins) may applyVaries by Instacoins-
Bank Wire via Instacoins

News

NewsUnregulated Broker CedarFX: Understanding the Risks and Potential Pitfalls

If you're considering investing your money, you must make a wise decision and not fall prey to fraudulent activities.

WikiFX
2023-07-04 11:04
Unregulated Broker CedarFX: Understanding the Risks and Potential Pitfalls

NewsWIKIFX REPORT: GREEN FX IS HERE TO STAY. RETAIL BROKERS FOLLOW THE BANKS LEAD

Retail FX brokerage CedarFX understands the importance of offering ecologically friendly FX trading accounts, especially when the new generation of traders are keen to ensure social and corporate responsibility when investing in capital markets. Here is why it should be taken seriously.

WikiFX
2022-06-10 12:18
WIKIFX REPORT: GREEN FX IS HERE TO STAY. RETAIL BROKERS FOLLOW THE BANKS LEAD

NewsWIKIFX REPORT: CedarFX Lends Support to Combat Climate Change

As we enter a new era of unending extreme weather events caused by rising average temperatures, such as heatwaves and bushfires, one forex broker has developed to address the situation.

WikiFX
2022-06-10 12:07
WIKIFX REPORT: CedarFX Lends Support to Combat Climate Change

NewsWIKIFX REPORT: CedarFX - The Eco-Friendly Way To Trade Forex

The new CedarFX Forex broker is already in a league of its own. It has immediately distinguished itself since its launch in 2020 by taking a holistic approach to its clients and making an exceptional commitment to the environment.

WikiFX
2022-06-10 12:01
WIKIFX REPORT: CedarFX - The Eco-Friendly Way To Trade Forex
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  感恩  的心 
more than one year
My knowledge of the trading market has gradually increased with CEDARFX and I understand the market well using its tools, but she needs to solve a problem which is the support is slow I hope that will happen.
My knowledge of the trading market has gradually increased with CEDARFX and I understand the market well using its tools, but she needs to solve a problem which is the support is slow I hope that will happen.
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2023-02-22 16:54
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Jerry
more than one year
Both zero-commission account and demo accounts available, responsive customer support, CEDARFX seems to be an ideal platform to try, but what stops me is its lack of regulation, as well as vague spread details…
Both zero-commission account and demo accounts available, responsive customer support, CEDARFX seems to be an ideal platform to try, but what stops me is its lack of regulation, as well as vague spread details…
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2023-02-16 09:22
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