Score

1.53 /10
Danger

66EFX

Vietnam

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

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Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.14

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

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-23
  • 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

66EFX · Company summary

General Information & Regulation

Officially opened in 2018, 66EFX is Vietnam-based Forex and option Service Provider to clients wishing to invest in trading Forex and Options Markets. 66EFX is owned and operated by Dragon Financials Ltd, a company not falling under any regulatory agency.

Markets Instruments

At 66EFX, 66EFX offers trading in Forex currency pairs, gold, silver, crude oil, Bitcoin.

Minimum Deposit

The Mini account requires a deposit of $500, which is a higher minimum than most other brokerages.

Leverage

The maximum trading leverage offered by 66EFX is up to 1:100. Leverage can amplify returns as well as losses, investing in such an unregulated broker is not a good option.

Spreads & Commissions

The spreads on some major currency pairs is quite wide, with EUR/USD spread starting from 5 pips, which makes trading on this platform quite expensive.

Trading Platform Available

In terms of trading platform available, 66EFX does not make this part clear.

Deposit& Withdrawal

Deposit/withdrawal at 66efx is possible through some popular remittance methods:

  • Bank transfer (direct and internet banking, mobile banking)

  • Payment via e-wallet (nganluong.vn)

Withdrawing money usually takes from 24 hours to 48 hours for the money to return to your account.

Customer Support

66efx has Vietnamese language support, which is very helpful for investors in fighting language disagreements. Customer care full time: 24/7.

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