Score

1.10 /10
Danger

FenzoFx

United Kingdom

Within 1 year

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

C

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index3.84

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

open now

Broker Information

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Company Name

FenzoFx

Company Abbreviation

FenzoFx

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-06-26
  • 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!

WikiFX Verification

Pyramid scheme complaint
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FenzoFx · Company summary
FenzoFx Review Summary
Founded2024-05-08
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsStocks, Indices, Currencies, Agriculture, Commodities, and Cryptocurrencies
Demo Account
LeverageUp to 1:200
SpreadFrom 0.5 pips
Trading PlatformMobius Trader (Web, mobile, and desktop)
Min DepositNo
Customer SupportEmail

FenzoFx Information

FenzoFx is a decentralized forex broker that enables anonymous trading, low transaction costs, and global access. Based on blockchain technology, the platform does not require KYC certification and supports trading in over 100 products, including forex, cryptocurrencies, commodities, indices, and stocks. It is suitable for experienced traders seeking privacy protection and low-cost trading.

However, the lack of regulation and risks associated with high leverage require caution. Novice traders are advised to first experience the platform through the no-deposit bonus before deciding on long-term investment.

FenzoFx

Pros and Cons

Pros Cons
RegulatedUnregulated
Zero commissionComplex no-deposit bonus
Swap freeMT4/MT5 not available
Spread as low as 0.5 pips (Forex)
Leverage up to 1:200 (Forex)
Multi-platform compatibility
Cryptocurrency payments
Abundant campaigns and bonuses
24/7 support

Is FenzoFx Legit?

FenzoFx is not regulated, and its official website does not disclose any regulatory qualifications (such as FCA, ASIC, etc.), indicating that it lacks endorsement from authoritative institutions.

not regulated
not regulated

What Can I Trade on FenzoFx?

FenzoFx offers Forex, cryptocurrencies, commodities, indices, stocks, and agriculture.

Tradable Instruments Supported
Forex
Commodities
Stocks
Cryptocurrencies
Indices
Agriculture
ETFs
Bonds
Mutual Funds

Account Type

FenzoFx offers 4 types of accounts.

Standard Account: Commission-free and swap-free, suitable for all traders.

PAMM Account: Designed for investors to entrust professional traders with fund management. The minimum investment is $100, and fund managers must deposit $2000. Profits are distributed proportionally: 70% for investors and 30% for managers.

Prop Trading Account: Available in two tiers: a $500 account (with a $5 application fee) and a $1000 account (with a $10 application fee). Traders must achieve profit targets (3 times the initial capital) within 150 days.

No Deposit Bonus Account (limited-time offer): An experiential account exclusive to new users, providing real trading funds without deposit. Users can get $50 upon registration, limited to forex trading, and valid for 30 days.

Account Type StandardPAMMProp Trading No Deposit Bonus
Suitable forAll tradersInvestors /asset managersTraders verifying strategiesNew users for the experience
Minimum Investment$1$100 (investment)$5 (application fee)$0
Minimum SpreadFrom 0.5 pips---
Commossion0---
Maximum Leverage1:200---
Core AdvantagesLow threshold, full product coverage, Swap FreeCopy trading, transparent profit sharing, and risk diversificationLow-cost startup, high leverage (1:200)Zero-cost trial investment

FenzoFx Fees

The forex spread starts from 0.5 pips, while the spreads for cryptocurrencies and stocks fluctuate with the market. FenzoFx offers commission-free trading. In addition, major currency pairs, cryptocurrencies, and commodities are free of overnight interest (swap), except for indices and stocks.

spreads

Leverage

ProductLeverage RatioRemarks
Foreign Exchange1:200Applicable to major currency pairs (e.g., EUR/USD, GBP/USD, etc.)
Commodities1:100Gold, crude oil, etc.
1:50Special commodities (e.g., natural gas)
Indices1:100Applicable to global stock indices (e.g., SPX500, US30, etc.)
Cryptocurrencies1:50Major currencies (e.g., BTC/USD, ETH/USD)
1:25Other cryptocurrencies (e.g., XRP/USD, LTC/USD)
Stocks1:25Applicable to individual stocks (e.g., AAPL, TSLA, etc.)

User Reviews

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User comment

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Comments

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Wapgodz
more than one year
They are scammers! They shut my trade automatically after I made over 500$ in profits and they cleared my trading history entirely! Stupid broker
They are scammers! They shut my trade automatically after I made over 500$ in profits and they cleared my trading history entirely! Stupid broker
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2025-06-24 00:38
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