No Regulation

Score

0 1 2 3 4 5 6 7 8 9

/10

Fitrex

Saint Vincent and the Grenadines | 5-10 years |

Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://fitrex.eu/

Website

Open Account Time Machine

Rating Index

Contact

+442078801223

https://fitrex.eu/

Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!

2026-04-06

This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region

Saint Vincent and the Grenadines

Operating Period

5-10 years

Company Name

Irkasio Holdings LTD

Customer Service Email Address

support@fitrex.eu

Contact Number

+442078801223

Company Website

https://fitrex.eu/

Account

Website

Company Summary

Disclosure

Wiki Q&A

Comment

Account

Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
2,000
Minimum Spread
from 0.8 pips
Depositing Method
--
Withdrawal Method
--
Minimum Position
--
Commission
--
Products
--

Products

Updated： 2026-04-06

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Details

Official Website

Website

fitrex.eu
172.67.160.145
Server Location
United States
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
--
Company
--

Company Profile

Review summary

General Information & Regulation

Fitrex claims to be an award-winning, international trader offering investors thousands of assets to trade, including Forex currency pairs, CFDs on stocks, energy commodities. However, it should be noted that Fitrex itself is not regulated and was blacklisted by the Financial Conduct Authority in January 2021.

Market Instruments

Fitrex claims to offer investors thousands of trading assets, including mainly Forex currency pairs, indices, stocks, energy, commodities, futures, and cryptocurrency CFD products.

Minimum Deposit

Fitrex has three different types of trading accounts: Standard (minimum deposit of $250), Premium (minimum deposit of $2,500), and VIP (minimum deposit of $35,000).

Leverage

When it comes to trading leverage, Fitrex doesn't make this part clear. Leverage magnifies the returns from favorable movements in a currency's exchange rate.It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.

Spreads & Commissons

Fitrex doesn't provide any spreads and commissions related information, making its trading fees quite vogue for all traders.

Trading Platforms

Fitrex claims to offer investors a feature-rich web-based trading platform and an Exchange Traded Fund (ETF) platform, rather than the most popular MT4 or state-of-the-art MT5 trading platforms on the market today. A stable, fair, and transparent trading platform is the most important part of the trading activity, which proves from the side that Fitrex is an unorthodox broker.

Deposit & Withdrawal

Fitrex claims that it only supports traders to deposit and withdraw funds from their investment accounts via VISA, MasterCard, wire transfer, and Klarna.

Fitrex Pros & Cons

Fitrex Disadvantages Include:

1. Unregulated & blacklisted by the FCA

2. High initial deposit requirements

3. Non-MT4/MT5 trading platform

4. Not providing spreads, commissions, and other fees

5. No leverage information

6. Fewer options to deposit and withdraw funds

Keywords

5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Disclosure

Danger

Central Bank of Ireland Issues Warning on Unauthorised Firm – Irkasio Systems OU T/A Fitrex

Country/Region

IE CBI

Disclosure time

2022-02-23

Disclose broker

Fitrex

Wiki Q&A

Is Fitrex safe and reliable?

According to WikiFX data, Fitrex cannot be considered safe or reliable by conventional standards. The entity operates without any credible financial regulatory licenses and holds an extremely low WikiFX comprehensive score of 1.52 out of 10. A Financial Conduct Authority warning from January 2021 further underscores its high-risk profile. Engaging with this unregulated offshore entity requires significant caution.

Two days ago

United States

Is Fitrex regulated?

No, Fitrex is not regulated by any recognized financial authority. The firm is registered in Saint Vincent and the Grenadines, a jurisdiction that does not license or supervise forex and CFD brokers. WikiFX assessment indicates a complete absence of valid regulatory oversight for this entity.

Two days ago

United States

What is the minimum deposit of Fitrex?

Fitrex offers different account types with varying minimum deposit requirements. The STANDARD account starts at $250, the PREMIUM account requires a $2,000 deposit, and the VIP account has a high entry threshold of $35,000.

Two days ago

United States

Does Fitrex support MT4 or MT5?

Due to the temporary lack of publicly available data, it is not possible to directly confirm which specific trading platforms Fitrex supports, such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5). To determine platform availability, you can check the broker's official website or use the WikiFX App to follow updates on its trading software specifications.

Two days ago

United States

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