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No Regulation
Score
1.42 /10
Danger
CentralFx Markets
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
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Exposure
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Website
Score
Regulatory Index0.00
Business Index6.29
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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Warning: Low score, please stay away!
Previous Detection :
2024-12-24
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| CentralFx MarketsReview Summary | |
| Founded | 2-5 years |
| Registered Country/Region | United Kingdom |
| Regulation | Not regulated |
| Market Instruments | Forex, CFDs, Stock Indices, Commodities, Cryptocurrencies |
| Demo Account | Not Mentioned |
| Leverage | Up to 1:1000 |
| Spread | Starting from 1.5 pips |
| Trading Platform | Web-based platform |
| Min Deposit | $250 |
| Customer Support | Support@CentralFxMarkets.com |
CentralFx Markets Information
CentralFx Markets is a global brokerage firm based in the United Kingdom. It offers traders Forex and CFDs as market instruments with three different account types, allowing for high leverage up to 1:1000 and flexible spreads. However, CentralFx Markets is currently not regulated by any recognized financial authorities.
Pros and Cons
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Is CentralFx Markets Legit?
CentralFx Markets is not regulated by any major financial authorities, meaning there is no guarantee that it is a safe platform to trade with.
What Can I Trade on CentralFx Markets?
CentralFx Markets offers many market instruments, primarily focusing on forex and CFDs (Contracts for Difference). Also, CentralFx Markets offers CFDs on various assets, including stock indices, commodities, cryptocurrencies, and more.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Stock | ✔ |
| Indices | ✔ |
| Cryptocurrency | ✔ |
| Shares | ❌ |
| Metals | ❌ |
Account Type
CentralFx Markets provides three account types, namely Bronze, Silver, and Gold, each requiring a minimum deposit of USD 250, USD 1000, and USD 5000, respectively. You can compare the three accounts on the following sheet.
| Account Type | Minimum Deposit | Platforms | Spreads (pips) | Leverage | Features |
| Bronze | $250 | - | 3.3 | 1:300 | Live Chart Support |
| Silver | $1,000 | All Available | 2.2 | 1:700 | Live Chart Support |
| Gold | $5,000 | All Available | 1.5 | 1:1000 | Live Chart Support |
CentralFx Markets Fees
CentralFx Markets offers high leverage up to 1:1000 for Gold-account users, and also flexible spread choices from 1.5, 2.2 to 3.3.
| Account Type | Spreads (pips) | Leverage |
| Bronze | 3.3 | 1:300 |
| Silver | 2.2 | 1:700 |
| Gold | 1.5 | 1:1000 |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Web-based platform | ✔ | PC | Investors of all experience levels |
| MT4/MT5 | ❌ | PC and Mobile | Investors of all experience levels |
Deposit and Withdrawal
While CentralFx Markets has a minimum deposit for each account, the fees and processing time are not specified. Information on withdrawal is not provided.
Deposit Options
| Deposit Options | Min. Deposit | Fees | Processing Time |
| Bronze | $250 | N/A | Varies |
| Silver | $1,000 | N/A | Varies |
| Gold | $5,000 | N/A | Varies |
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