Brokers  /  eFX markets

eFX markets

Severe risk
The Virgin Islands · 5-10 years · since 2020-03-13 · eFX Markets Ltd
Unregulated
75
Severe risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • No verified regulatory license on file
  • Registered in The Virgin Islands (offshore, light oversight)
  • 4 user exposure/complaint reports filed
  • Withdrawal complaints in ~150% of recent reviews
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints8412%
Offshore registration808%
Transparency (site/info/social)7510%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameeFX Markets Ltd
Headquarters The Virgin Islands
Founded2020-03-13
Years operating5-10 years
Employees0
Official website
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods1 · BTC
Withdrawal methods1 · BTC
InstrumentsFXMetalsIndicesCrypto

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 5

AccountMax leverageMin. depositMin. spreadCommissionEA
ISLAMIC1:300$2,000From 2--
PLATINUM1:100$10,000From 0.25$ per lot
GOLD1:200$5,000From 0.67$ per lot
SILVER1:300$1,000From 1 --
STANDARD1:400 $200From 1.3--

Review analysis AI

Across 4 recent Trustpilot reviews, 75% are 1–2 star. The single most common complaint is being unable to withdraw funds (6 reports) — the classic warning sign in forex.

0
Period:
What users complain about
What users praise
Where reviewers are from
India2
Colombia1
New Zealand1

Real user reviews

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About eFX markets

eFX markets is a forex and CFD broker based in The Virgin Islands, with records dating to 2020-03-13. Critically, we could not verify any active forex-trading license for this broker.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

Overview compiled by FXCanary from regulatory records and public data. full eFX markets review