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FenzoFx

Switzerland Switzerland | 1-2 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

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Website

Rating Index

Influence

Influence

D

Influence index NO.1

South Africa South Africa 2.48
Surpassed 12.50% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

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Route de Saint-Cergue 24bis, 1260 Nyon, Vaud, Switzerland

license Forex License

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

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Switzerland
Operating Period
1-2 years
Company Name
FenzoFx LLC
Company Website
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Company Address
Route de Saint-Cergue 24bis, 1260 Nyon, Vaud, Switzerland
Account
Biz Area
Website
Company Summary
Wiki Q&A
Comment

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Official Website

Website

  • fenzofx.com
    84.32.84.45
    Server Location
    Lithuania Lithuania
    ICP registration
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    Most visited countries/areas
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    Domain Effective Date
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    Website
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    Company
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Company Profile

Company Profile

Review summary

FenzoFx Review Summary
Founded2024-05-08
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsStocks, Indices, Currencies, Agriculture, Commodities, and Cryptocurrencies
Demo Account
LeverageUp to 1:200
SpreadFrom 0.5 pips
Trading PlatformMobius Trader (Web, mobile, and desktop)
Min DepositNo
Customer SupportEmail

FenzoFx Information

FenzoFx is a decentralized forex broker that enables anonymous trading, low transaction costs, and global access. Based on blockchain technology, the platform does not require KYC certification and supports trading in over 100 products, including forex, cryptocurrencies, commodities, indices, and stocks. It is suitable for experienced traders seeking privacy protection and low-cost trading.

However, the lack of regulation and risks associated with high leverage require caution. Novice traders are advised to first experience the platform through the no-deposit bonus before deciding on long-term investment.

FenzoFx

Pros and Cons

Pros Cons
RegulatedUnregulated
Zero commissionComplex no-deposit bonus
Swap freeMT4/MT5 not available
Spread as low as 0.5 pips (Forex)
Leverage up to 1:200 (Forex)
Multi-platform compatibility
Cryptocurrency payments
Abundant campaigns and bonuses
24/7 support

Is FenzoFx Legit?

FenzoFx is not regulated, and its official website does not disclose any regulatory qualifications (such as FCA, ASIC, etc.), indicating that it lacks endorsement from authoritative institutions.

not regulated
not regulated

What Can I Trade on FenzoFx?

FenzoFx offers Forex, cryptocurrencies, commodities, indices, stocks, and agriculture.

Tradable Instruments Supported
Forex
Commodities
Stocks
Cryptocurrencies
Indices
Agriculture
ETFs
Bonds
Mutual Funds

Account Type

FenzoFx offers 4 types of accounts.

Standard Account: Commission-free and swap-free, suitable for all traders.

PAMM Account: Designed for investors to entrust professional traders with fund management. The minimum investment is $100, and fund managers must deposit $2000. Profits are distributed proportionally: 70% for investors and 30% for managers.

Prop Trading Account: Available in two tiers: a $500 account (with a $5 application fee) and a $1000 account (with a $10 application fee). Traders must achieve profit targets (3 times the initial capital) within 150 days.

No Deposit Bonus Account (limited-time offer): An experiential account exclusive to new users, providing real trading funds without deposit. Users can get $50 upon registration, limited to forex trading, and valid for 30 days.

Account Type StandardPAMMProp Trading No Deposit Bonus
Suitable forAll tradersInvestors /asset managersTraders verifying strategiesNew users for the experience
Minimum Investment$1$100 (investment)$5 (application fee)$0
Minimum SpreadFrom 0.5 pips---
Commossion0---
Maximum Leverage1:200---
Core AdvantagesLow threshold, full product coverage, Swap FreeCopy trading, transparent profit sharing, and risk diversificationLow-cost startup, high leverage (1:200)Zero-cost trial investment

FenzoFx Fees

The forex spread starts from 0.5 pips, while the spreads for cryptocurrencies and stocks fluctuate with the market. FenzoFx offers commission-free trading. In addition, major currency pairs, cryptocurrencies, and commodities are free of overnight interest (swap), except for indices and stocks.

spreads

Leverage

ProductLeverage RatioRemarks
Foreign Exchange1:200Applicable to major currency pairs (e.g., EUR/USD, GBP/USD, etc.)
Commodities1:100Gold, crude oil, etc.
1:50Special commodities (e.g., natural gas)
Indices1:100Applicable to global stock indices (e.g., SPX500, US30, etc.)
Cryptocurrencies1:50Major currencies (e.g., BTC/USD, ETH/USD)
1:25Other cryptocurrencies (e.g., XRP/USD, LTC/USD)
Stocks1:25Applicable to individual stocks (e.g., AAPL, TSLA, etc.)

Keywords

  • 1-2 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Is FenzoFx safe to trade with?

FenzoFx operates as an unregulated entity, presenting a severe risk warning. Registered in Switzerland as FenzoFx LLC, the broker holds no valid licenses from recognized global financial authorities like the FCA, ASIC, or FINMA, meaning client funds and trading activities operate without the protection of formal oversight, dispute resolution mechanisms, or mandated compensation schemes.

Two days ago
United States

What is the license number of FenzoFx?

FenzoFx does not possess a verifiable regulatory license from any mainstream financial authority for forex and CFD trading. The entity operates as an unregulated broker.

Two days ago
United States

When was FenzoFx established?

FenzoFx is a relatively new market entrant, having been in operation for approximately 1 to 2 years. It offers a Standard account with a minimum entry condition of $1.0 and maximum leverage of up to 1:200, supporting trading in instruments like Forex, Cryptocurrencies, Indices, Agriculture, Stocks, and Commodities.

Two days ago
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

Two days ago
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

Two days ago
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

Two days ago
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

Two days ago
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

Two days ago
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com