Score

1.51 /10
Danger

DATA FX

Saint Vincent and the Grenadines

5-10 years

Suspicious Regulatory License

High potential risk

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Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.01

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

DATA FX Inc

Company Abbreviation

DATA FX

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-13
  • 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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DATA FX · Company summary
DATA FX Review Summary
Founded2019
Registered Country/RegionSaint Vincent and the Grenadines
RegulationNot Regulated
Market InstrumentsForex, Stocks, Commodities, etc.
Demo AccountYes
Trading PlatformMetaTrader 5

DATA FX Information

Data FX Inc. is an unregulated broker. As established in 2019, it offers a wider choice of trading instruments- from forex, stocks, commodities, energies, and indices available through either real or demo accounts. However, there are no details about leverage, spreads, and commissions.

DATA FX Information

Pros and Cons

Pros Cons
  • Support MetaTrader 5
  • Lack of regulation
  • Offers demo accounts
  • Limited information on trading fees
  • Offers multiple assets to trade

Is DATA FX Legit?

DATA FX is not regulated by any regulatory authority.

Is DATA FX Legit?

What Can I Trade on DATA FX?

Data FX offers many market instruments, like major currency pairs (Forex), individual stocks, commodities such as oil and gold, precious metals, energy products, and various global indices.

Tradable Instruments Supported
Forex
Commodities
Stock
Energy
Metals
What Can I Trade on DATA FX?

Account Type

Data FX has two types of accounts-a real account and a demo account. Real accounts allow clients to engage directly and interactively with the trading market for a variety of assets, including Forex, stocks, commodities, and so on. A demo account will suit new traders and those wishing to test out trading ideas without taking actual risks with their own money.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Metatrader 5PC and MobileInvestors of all experience levels
Account Type

User Reviews

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User comment

1

Comments

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FX3633088708
3-6months
they didn’t allow me to withdraw my funds and after many requests they have just liquidated my account by trading US30 without any order from my side.
they didn’t allow me to withdraw my funds and after many requests they have just liquidated my account by trading US30 without any order from my side.
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2024-07-24 15:24
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