Home -

Main body -

WikiFX Express

TMGM

Forex Varsity

WikiFX | 2026-04-20 22:12

Abstract：Forex Varsity was founded in 2018 in the United States, focusing on the forex, indices, precious metals, energies, and CFDs markets. It uses MT4 as its trading platform, with a minimum deposit of $200 and a maximum leverage of 1:1000. However, it is not regulated, and potential risks are relatively high.

Note: Forex Varsity's official website - https://forexvarsity.net/ is currently inaccessible normally.

Forex Varsity Review Summary
Founded	2018
Registered Country/Region	United States
Regulation	No regulation
Market Instruments	Forex, indices, precious metals, energies and CFDs
Demo Account	/
Leverage	Up to 1:1000
Spread	/
Trading Platform	MT4
Min Deposit	$200
Customer Support	Tel: +1 (315) 916-6432 (Mon - Fri, 8:00-17:00)
	Email: support@forexvarsity.net
	Social media: Facebook, Twitter, YouTube, Instagram
	Address: Head Office – Cape Town Seaboard House, Cnr of Blaauwberg Road & Millin Rd, Table View 7441

Forex Varsity was founded in 2018 in the United States, focusing on the forex, indices, precious metals, energies, and CFDs markets. It uses MT4 as its trading platform, with a minimum deposit of $200 and a maximum leverage of 1:1000. However, it is not regulated, and potential risks are relatively high.

Pros and Cons

Pros	Cons
Diverse tradable assets	Inaccessible website
MT4 supported	Lack of regulation
Popular payment options	Unclear fee structure
	High minimum deposit

Is Forex Varsity Legit?

No, it is not regulated by the financial services regulatory authority in the United States, which means that the company lacks regulation from its registration site. Please note the potential risks!

What Can I Trade on Forex Varsity?

Forex Varsity provides several types of products, including forex, indices, precious metals, energies and CFDs.

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Precious Metals	✔
Energies	✔
Indices	✔
Stocks	❌
Cryptocurrencies	❌
Bonds	❌
Options	❌
ETFs	❌

Leverage

The leverage can be up to 1:1000, which is relatively high. Customers need to consider carefully before investing, because high leverage is likely to bring high potential risks.

Trading Platform

Forex Varsity uses MT4 as its trading platform, which is a recommended platform for beginners.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	PC, web, mobile	Beginners
MT5	❌	/	Experienced traders

Deposit and Withdrawal

Forex Varsity supports a number of payment options, including bank transfer, Neteller, Skrill, Perfect Money, and Bitcoin. However, other details such as the processing time and fees are not clear.

Leverage Dealer Broker Commission Currency Pair

Related broker

Not Regulated

Forex Varsity

Company name：Forex Varsity

Score

1.53

Website：https://forexvarsity.net/

5-10 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

Score

1.53

Is plexytrade Losing Customer Trust? A 2026 Review of Pending Withdrawals & Account Suspensions

As we examine plexytrade, we come across attractive terms like opening the account with just $50 and enjoying 100% tradable bonus and 120% cash bonus. These terms can prompt anyone to open a plexytrade trading account. But as an informed trader, you need to go beyond these marketing terms. What is the real-time trading experience? Are users receiving the benefits as promised? The plexytrade reviews shared by users online indicate that not everything is good at this broker. Traders have claimed pending withdrawals, high slippage eating into their margins and unwanted account suspensions by the broker. In this article, we have examined user allegations as well as provide our in-depth perspective into the broker’s regulatory status.

Original 2026-06-19 18:58

SQUAREDFINANCIAL Review 2026: Months-Long Withdrawal Complaints and Platform Issues Raise Red Flags

The moment the SQUARED FINANCIAL review column opens, a pattern of disturbing complaints appears, demonstrating massive user frustration over alleged withdrawal denials for months, fund disappearance from the platform, frequent login issues and more. These may be user allegations, but the lack of response from the broker side on many such reviews causes some doubt over this Seychelles-based brokerage firm. This article thus aims to provide an insight into the growing user resentment considering the nature of their complaints found until June 2026. Additionally, we will share the broker’s offerings and regulatory framework, allowing you to figure it out better.

Original 2026-06-18 22:48

iFOREX Europe Review 2026: Fund Withdrawal Complaints Keep Pouring Year After Year

As we look to sum up iFOREX Europe and check user comments, they all read virtually the same issue, year after year - fund withdrawal issues. While some users never received withdrawal access from the broker, others received it for some time before the trading enterprise suspended their trading account, leaving their funds allegedly trapped on the platform. In this iFOREX EUROPE review, we take a close look at reported fund scam allegations against the brokerage first. Additionally, we will elaborate on the broker’s product & services and its regulatory framework.

Original 2026-06-17 22:16

ALFX Review 2026: Fast Withdrawals, Easy Deposits—Reality or Hype?

ALFX, a new-age brokerage firm with around two years of service track record, seemed to have recorded around 30 reviews by users worldwide, including those in India. While some question the deposit & withdrawal process based on their poor experience, some appreciate its smooth payment services and impressive spreads. This ALFX review article takes both positive and negative user feedback for the broker. This will allow you to make an informed financial decision.

Original 2026-06-16 22:35