Score

1.46 /10
Danger

DefineFx

United Arab Emirates

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

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Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.63

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
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

DefineFx Ltd

Company Abbreviation

DefineFx

Platform registered country and region

United Arab Emirates

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2026-02-22
  • This broker lacks valid forex 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

News

ExposureSVGFSA Blacklisted DEFINEFX For Being An Unauthorized Financial Institution

This is to inform the public that DEFINEFX has no license or authorization to operate as a financial institution in Saint Vincent and the Grenadines. The institution is not able to prove its legitimacy.

WikiFX
2023-03-13 14:44
SVGFSA Blacklisted DEFINEFX For Being An Unauthorized Financial Institution

User Reviews

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User comment

2

Comments

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YouQing
more than one year
I recently had an experience with DefineFx that I feel compelled to share. I had two positions open, XAGUSD and XPTUSD. When attempting to close them, instead of closing, the platform opened a trading box. I utilized the trading box to sell the positions. The following day, I noticed two new trades on my positions, both with the same amount but showing negative values compared to the last two trades I intended to close. I attempted to close them, but the platform once again opened a trading box. This time, I set a stop-loss limit, closing both positions, but for XPTUSD, the platform opened a new position with the same amount in the opposite direction.
I recently had an experience with DefineFx that I feel compelled to share. I had two positions open, XAGUSD and XPTUSD. When attempting to close them, instead of closing, the platform opened a trading box. I utilized the trading box to sell the positions. The following day, I noticed two new trades on my positions, both with the same amount but showing negative values compared to the last two trades I intended to close. I attempted to close them, but the platform once again opened a trading box. This time, I set a stop-loss limit, closing both positions, but for XPTUSD, the platform opened a new position with the same amount in the opposite direction.
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2024-01-19 23:33
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sachin 3757
more than one year
dont trust this broker , theu make your investment zero
dont trust this broker , theu make your investment zero
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2023-12-08 21:57
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