Brokers  /  EUROPEFX

EUROPEFX

Moderate risk
🇨🇾 Cyprus · 5-10 years · since 2018-11-23 · MAXIFLEX LTD
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43
Moderate risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • Withdrawal complaints in ~11% of recent reviews
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 & licensing5535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints10012%
Offshore registration108%
Transparency (site/info/social)010%
Real-user sentiment908%

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 nameMAXIFLEX LTD
Headquarters🇨🇾 Cyprus
Founded2018-11-23
Years operating5-10 years
Employees0
Official websiteeuropefx.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments--
Registered address
46 Ayiou Athanasiou Avenue, Floor 3 /Office 301a, 4102 Limassol, Cyprus

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
CYSECForex Execution License (STP)258/14Cyprus

Account types · 5

AccountMax leverageMin. depositMin. spreadCommissionEA
PREMIUM--From € 50,000----
PLATINUM--From € 25,000----
GOLD--From € 10,000----
SILVER--From € 2,500----
BRONZE--From €1,000----

Review analysis AI

The review record is dominated by grave scam allegations, with numerous first‑hand accounts of lost life savings, blocked withdrawals, and demands for extra fees. While a minority of users—often beginners on a demo—report positive experiences, the weight of evidence points to a high‑risk environment where many clients have been unable to retrieve their money. Concrete cases describe fake charts, unauthorised removal of stop‑losses, and persistent cold calls from impersonating numbers. The pattern closely matches known boiler‑room operations, and the broker’s low 1.3 Trustpilot score over 375 reviews underscores the severity.

Not for
  • Beginner traders
  • Risk-averse investors
  • Anyone seeking a trustworthy broker
Period:
What users complain about
What users praise
Where reviewers are from
🇬🇧 GB82
🇦🇺 AU19
🇳🇱 NL18
IE16
🇩🇪 DE16
BG8
Positive vs negative · last 12 months Pos Neg
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Real user reviews

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What EUROPEFX says about itself as stated by the broker · not independently verified by FXCanary

About EuropeFX

According to the broker, EuropeFX is the trading name of Maxiflex Ltd, a Cyprus‑based firm that provides access to financial markets. The company states it offers a range of tradeable instruments and supports both desktop and mobile trading applications.

Regulatory Status

The broker claims to be licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) under licence number 258/14. It holds a Forex Execution License (STP), which it presents as a mark of compliance with European financial standards.

Account Range

EuropeFX advertises five tiered accounts designed to suit different investor profiles: BRONZE (€1,000 minimum), SILVER (€2,500), GOLD (€10,000), PLATINUM (€25,000), and PREMIUM (€50,000). The company positions these accounts as offering progressive service levels.

Trading Technology

The broker says its STP execution model delivers direct market access with no dealing‑desk intervention, aiming for fast order execution. Users can trade on desktop and mobile platforms provided by the company.

About EUROPEFX

Introduction

EuropeFX is an online brokerage brand that caters to retail and professional traders. It is the trading name of Maxiflex Ltd, a company registered in Cyprus. The broker positions itself as a provider of multi‑asset trading services, giving clients access to a variety of financial markets through proprietary desktop and mobile platforms. Since its establishment in 2018, EuropeFX has aimed to attract traders with tiered account options and claims of CySEC regulation, though it has also drawn significant negative attention in user forums and review sites.

Company Background

Maxiflex Ltd was incorporated on 23 November 2018 and lists its registered address at 46 Ayiou Athanasiou Avenue, Floor 3 / Office 301a, 4102 Limassol, Cyprus. According to corporate records, the company reports zero employees, which may indicate a lean operational structure or reliance on external service providers. The broker operates under the EuropeFX brand and is part of the competitive Cypriot forex broker landscape.

Regulation and Licensing

EuropeFX holds a single licence from the Cyprus Securities and Exchange Commission (CySEC), number 258/14, issued for Forex Execution (STP) services. CySEC is the financial regulator in Cyprus and operates under European MiFID II framework, meaning that client funds should be segregated and protected up to €20,000 under the Investor Compensation Fund. The licence status is active, but it is important to verify its standing directly with CySEC’s public register, as regulatory actions can occur without immediate public updates. No additional regulators from other jurisdictions are listed, so clients outside Europe may not receive the same level of protection.

Account Types and Minimum Deposits

EuropeFX structures its offering into five distinct account levels: BRONZE (minimum deposit €1,000), SILVER (€2,500), GOLD (€10,000), PLATINUM (€25,000), and PREMIUM (€50,000). The broker does not publicly disclose the specific leverage, spreads, or commission structures attached to each tier, which means traders must inquire directly before opening an account. These high entry thresholds place EuropeFX beyond the reach of casual retail traders and position it for higher‑net‑worth individuals or institutional clients.

Trading Platforms and Instruments

The company states it offers a choice of desktop and mobile trading apps, though it does not name any third‑party platform such as MetaTrader 4/5. Its STP licence suggests a no‑dealing‑desk model, which can reduce conflicts of interest. As for tradable instruments, the broker mentions multiple asset classes but provides no detailed list; common offerings among Cypriot brokers include forex, indices, commodities, shares, and cryptocurrencies, but EuropeFX’s actual range remains unconfirmed.

Deposits, Withdrawals, and Funding

EuropeFX does not publish its accepted deposit or withdrawal methods, nor does it specify typical processing times or fees. Traders are advised to contact customer support for this information. The lack of transparency on funding, coupled with numerous user complaints about blocked withdrawals and demands for extra payments, is a significant concern that any potential client should investigate thoroughly before committing capital.

Who Is EuropeFX For?

Given the high minimum deposits and STP execution licence, EuropeFX appears to target experienced traders and investors with substantial capital. The tiered account structure may appeal to those who prefer a premium service model. However, the barrage of scam accusations and the broker’s low trust ratings mean that prospective clients must exercise extreme caution. Beginners, risk‑averse individuals, and anyone unwilling to lose their deposit should look elsewhere.

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