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No Regulation
Score
1.47 /10
Danger
HELMI FX
Influence
C
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Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index6.69
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
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Warning: Low score, please stay away!
Previous Detection :
2024-12-23
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| HELMI FX Review Summary | |
| Found | 2015 |
| Registered Country/Region | Turkey |
| Regulation | No Regulation |
| Market Instruments | Forex Pairs |
| Demo Account | ✅ |
| Trading Platform | / |
| Leverage | / |
| Minimum Deposit | $20,000 |
| Customer Service | Online Chat |
HELMI FX Information
HELMI FX is an unregulated Turkey-registered broker founded in 2015. It focuses on forex pairs trading with an extremely high minimum deposit of $20,000.
Pros and Cons
| Pros | Cons |
| Educational Resources | Lack of Legal Regulation |
| Demo Accounts | Limited Language Support |
| Long History of Operation | Limited Info on Fees |
| Limited Trading Choices | |
| High Minimum Deposit |
Is HELMI FX Legit?
HELMI FX is currently not under any legal regulation. The domain of this company was registered on December 13, 2015, updated on November 13, 2023, and will expire on December 13, 2025.
What Can I Trade on HELMI FX?
HELMI FX offers only forex trading. Specific information about its trading instruments is not pointed out on its official website.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ❌ |
| Indices | ❌ |
| Cryptocurrencies | ❌ |
| Stocks | ❌ |
| Mutual Funds | ❌ |
| Bonds | ❌ |
Account Type
HELMI FX does not offer multiple account types, but it provides demo accounts for practice.
However, the minimum deposit has reached $20,000 and it is not regulated, so you are advised to avoid conducting any transactions on its platform.
In addition, it clearly states on its official website that you can only receive 60% of the profit, which is a very absurd condition. Please stay away from it!
Customer Service
HELMI FX offers 7/24 online chat and allows contact through multiple social media. In addition, you can enter your personal information and questions on its website to get assistance.
| Contact Options | Details |
| Online Chat | 7/24 |
| Social Media | Twitter: https://twitter.com/helmiforex |
| Facebook: https://www.facebook.com/HelmiForex/ | |
| Instagram: https://www.instagram.com/helmifx/ | |
| YouTube: https://www.youtube.com/c/HelmiFx/ | |
| Supported Language | Arabic |
| Website Language | Arabic |
The Bottom Line
HELMI FX is a forex broker that offers comprehensive customer service channels. However, HELMI FX demands a stunningly high minimum deposit of $20,000 and lacks a legal regulatory license. Therefore, it is advisable to avoid trading with this broker.
FAQs
Is it safe to trade with HELMI FX?
No, trading with HELMI FX is unsafe given the lack of legal regulation.
What is the minimum deposit required by HELMI FX?
The minimum deposit is $20,000.
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