Review summary
ONEFX MARKETS (UK) Ltd is a forex broker operating from the United Kingdom, with an operational history estimated between 5 to 10 years. The broker offers a range of account types, including VIP, PRO, and CLASSIC tiers, featuring leverage up to 1:500 and tight spreads starting from 0.1 pips, with a minimum trade size of 0.01 lots. Despite its UK registration, its regulatory status presents significant concerns. The broker's purported FCA license (Reference 631382) for 'Inst Forex Execution (STP)' is categorically listed as Unverified by the Financial Conduct Authority. This status means it holds NO valid, authoritative forex trading license and operates without the financial oversight or client fund protections mandated by a top-tier regulator like the FCA. WikiFX assessment indicates the broker's overall risk assessment score is a notably low 1.52 out of 10, reflecting an exceptionally poor regulatory profile. Prospective clients should be aware of the substantial risks associated with an unverified entity, including the lack of recourse in case of disputes. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-06)
