Score

1.56 /10
Danger

FxPlayer

Marshall Islands

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 2

Exposure

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Website

Score

Regulatory Index0.00

Business Index7.35

Risk Management Index0.00

Software Index4.00

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

FxPlayer Ltd

Company Abbreviation

FxPlayer

Platform registered country and region

Marshall Islands

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-06-21
  • 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!

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FxPlayer · Company summary
FxPlayer Review Summary
Registered On2014-01-30
Registered Country/RegionMarshall Islands
RegulationUnregulated
Market InstrumentsForex, Commodities, and Indices
Demo Account
LeverageUp to 1:200
SpreadAverage Spreads from 0.4 pips(EUR/USD)
Trading PlatformFxPlayer Trader, MT4/MT5, Currenex, and UniTrader/ActTrader
Min Deposit$50
Customer Support/
Trust Company Complex, Ajeltake Road, Majuro, Ajeltake Island, MH96960, Marshall Islands

FxPlayer Information

FxPlayer Ltd was founded in 2014, specializing in the True ECN/STP trading model. Relying on pricing from tier-1 banks, it offers global financial instruments such as foreign exchange, commodities, and indices. However, it lacks regulatory oversight and has insufficient transparency in fees.

Pros and Cons

Pros Cons
Commission as low as $0.02 per micro lotUnregulated
Multiple trading instrumentsNo real-time spread data
Diverse platformsLeverage up to 1:200
Deposit bonusesBonus threshold
Demo account available

Is FxPlayer Legit?

FxPlayer is unregulated. Traders are advised to prioritize brokers regulated by authorities such as the FCA or ASIC.

What Can I Trade on FxPlayer?

Tradable Instruments Supported
Forex
Commodities
Indices
Cryptocurrencies
Precious Metals
Shares
ETFs
Bonds
Mutual Funds
Forex

Account Type

FxPlayer offers 6 account types, with the core differences as follows:

Account TypeMicroMiniNormalProInstitutionalFlex
Minimum Deposit$50$500$5,000$20,000$100,000$10,000
Average Spreads(EUR/USD)0.4, Variable0.4, Variable0.4, Variable0.4, Variable0.4, Variable0.4, Variable
Commission (per micro lot)$0.06$0.05$0.04$0.03$0.02$0.04
Maximum Leverage1:1001:1001:2001:2001:2001:200
Maximum Trading Volume10,000 units100,000 units1,000,000 units10,000,000 units100,000,000 unitsUnlimited

Fees

The average spread for major currency pairs such as EUR/USD is 0.4 pips, and the commission ranges from $0.02 (Institutional account) to $0.06 (Micro account) per micro lot.

Leverage

The maximum leverage for Micro/Mini accounts is 1:100 and For Normal accounts and above, the maximum leverage is 1:200.

Trading Platform

FxPlayer provides a self-developed platform, FxPlayer Trader, and third-party platforms such as MetaTrader 4/5 (Web), Currenex, suitable for institutional users, and UniTrader/ActTrader.

Trading PlatformSupported Available Devices Suitable for
FxPlayer Trader--
MT4/MT5WebBeginner/experienced traders
Currenex-Institutional clients
UniTrader/ActTrader--

Deposit and Withdrawal

Deposit

FxPlayer supports deposits via credit cards (VISA/MC), e-wallets (PayPal), Bitcoin, and bank wire transfers (for some accounts). A 100% bonus is available for the first deposit (subject to trading volume requirements).

Withdrawal

Processing is usually done on the same day or the next working day. Applications submitted after 12:00 EET will be postponed.

Withdrawal

Bonus

FxPlayer offers a tiered deposit bonus. Deposits ranging from $100 to $1,000+ are eligible for 100%-500% bonuses (up to $5,000). However, to qualify, users must complete 50 lots of forex trading within 2 months for every $100 bonus received, and each account is limited to one bonus claim.

User Reviews

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User comment

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Comments

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xcvbnm
more than one year
Thought I hit the jackpot with FxPlayer, pulling out $32,500 from my $15,249 investment. But here's the kicker – can't access my funds now. Seems like they're playing hard to get with my money. Not cool, FxPlayer. Feeling let down and skeptical about their reliability. Just a heads up for anyone thinking about jumping in.
Thought I hit the jackpot with FxPlayer, pulling out $32,500 from my $15,249 investment. But here's the kicker – can't access my funds now. Seems like they're playing hard to get with my money. Not cool, FxPlayer. Feeling let down and skeptical about their reliability. Just a heads up for anyone thinking about jumping in.
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2023-12-29 18:26
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:╭⌒红宝石
more than one year
Trading forex pairs with Fxplayer was good but when I shifted other instruments, things totally changed. I don’t know how to say, and customer support staff told me it was normal due to the volatile market.
Trading forex pairs with Fxplayer was good but when I shifted other instruments, things totally changed. I don’t know how to say, and customer support staff told me it was normal due to the volatile market.
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2023-02-24 14:35
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