Score

1.57 /10
Danger

PHOENIX

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 2

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.44

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

Check whenever you want

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Warning: Low score, please stay away!
Previous Detection : 2024-12-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
PHOENIX · Company summary

Note: PHOENIX's official website: http://www.pifgfx.com/ is currently inaccessible normally.

PHOENIX Information

PHOENIX is an unregulated brokerage company registered in the United Kingdom. While the broker's official website has been closed, so traders cannot obtain more security information.

Is PHOENIX Legit?

PHOENIX is not regulated, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with PHOENIX.

Is PHOENIX Legit?
Is PHOENIX Legit?

Downsides of PHOENIX

  • Unavailable Website

PHOENIX's website is currently inaccessible, raising concerns about its reliability and accessibility.

  • Lack of Transparency

Since PHOENIX does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.

  • Regulatory Concerns

PHOENIX is not regulated, which is less safe than a regulated one.

  • Withdrawal Difficulty

According to a report on WikiFX, users encountered significant difficulties with fund withdrawals. The issue remained unresolved despite the request being pending for a long time.

Negative PHOENIX Reviews on WikiFX

On WikiFX, “Exposure” is posted as a word of mouth received from users.

Traders must review the information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

Negative PHOENIX Reviews on WikiFX

Currently, there are 2 pieces of PHOENIX exposure in total on the same day.

Exposure. Cannot withdraw

ClassificationUnable to Withdraw
Date20120-12-16
Post CountryHong Kong, China

You may visit: https://www.wikifx.com/en/comments/detail/202012164352267295.html https://www.wikifx.com/en/comments/detail/202012163262217875.html.

Conclusion

PHOENIX Since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulated status indicates that this brokers trading risks are high. It is advisable to choose regulated brokers with transparent operationsto ensure the safety of your investments and compliance with legal standards. Traders can learn more about other brokers through WikiFX. Information improves transaction security.

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