A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.
| Factor | Score | Weight |
|---|---|---|
| Regulation & licensing | 97 | 35% |
| Company age | 45 | 15% |
| Clone / impersonation | 100 | 12% |
| Withdrawal & exposure complaints | 100 | 12% |
| Offshore registration | 80 | 8% |
| Transparency (site/info/social) | 72 | 10% |
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.
| Regulator | License type | License No. | Region | Status |
|---|---|---|---|---|
| CYSEC | Market Making (MM) | 185/12 | Cyprus | — |
| FCA | Forex Execution License (STP) | 777911 | United Kingdom | — |
| FSCA | Derivatives Trading License (EP) | 46614 | South Africa | — |
Across 8 recent Trustpilot reviews, 88% are 1–2 star. The single most common complaint is being unable to withdraw funds (10 reports) — the classic warning sign in forex.
0Fake FXTM is a forex and CFD broker based in Mauritius, with records dating to 2021-07-05. It reports oversight from CYSEC, FCA, FSCA.
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 Fake FXTM review