Score

1.44 /10
Danger

FXpay

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.43

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 : 2024-12-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

FXpay · Company summary

Since FXpays official website (https://www.fxpay.trade/En.php) is now unavailable, we had to piece together as much information as possible on this brokerage house as a forex broker from other sources.

General Information

Registered in the United Kingdom, FXpay is a newly-established financial provider, with an operating time of only one to two years. The company behind it not disclosed and the lack of essential information make this broker quite suspicious to trade with.

FXpay

As far as we can tell, FXpay is not governed by any regulatory authorities, thus that bit of data is settled. As a result, its regulatory status on WikiFX is classified as “No License” and it only manages a score of 1.23 out of 10 overall. Don't be oblivious to the potential danger.

FXpay

Trading Platform

However, surprisingly, FXpay says it offers the leading MT4 trading platform, among the most popular around the world. Some outstanding features shared by MT4 include the robust charting package, the ability to use automated trading bots (Expert Advisors), and the flexibility of the interface.

Customer Support

With the FXpay platform, phone and email support can be reached by traders with any inquiries, or trading-related issues. Here are some contact details:

Phone: +964 (0)770 251 0202

Email: info@fxpay.trade

Registered Company Address: Empire Building T3 4th Floor Office 1 Risk Warning

Or you can follow this brokerage house on Facebook and Instagram.

Risk Warning

There is a considerable degree of risk involved with online trading of leveraged Forex and CFD instruments, and as a result, it may not be appropriate for all investors.

Please keep in mind that the data presented in this article is meant to serve as a guideline only.

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