Brokers  /  Malfex

Malfex

Severe risk
🇺🇸 United States · 2-5 years · since 2023-02-03 · Rubin Overseas AG
Unregulated
Visit site ↗
3.3/5
★★★★★ ★★★★★
4 reviews ›
0
Licenses ›
1
Withdrawal issues ›
$500
Min. deposit ›
1:500
Max leverage ›
3
Account types ›
75/100
Scam risk ›
0
Clone sites ›
Accounts: VIP · $200,000 USD or equivalentPremium · $15,000 USD or equivalentStandard · $500 USD or equivalent
▲ 50% positive▼ 25% negative
Independent ratingshow third parties score this broker
WikiFX1.44/10
Trustpilot3.3/5
Forex Peace Army—/5
75
Severe risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • No verified regulatory license on file
  • Withdrawal complaints in ~25% 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 & licensing8535%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints612%
Offshore registration108%
Transparency (site/info/social)2210%
Real-user sentiment508%

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 nameRubin Overseas AG
Headquarters🇺🇸 United States
Founded2023-02-03
Years operating2-5 years
Employees0
Official websitemalfex.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments60+ FX pairsmetalsindicessharescommodities

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 3

AccountMax leverageMin. depositMin. spreadCommissionEA
VIP1:500$200,000 USD or equivalent From 0.0 USD $3 per side✓
Premium1:500$15,000 USD or equivalent From 1.0--✓
Standard1:500$500 USD or equivalentFrom 1.6--✓

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -2.58)

Across 4 recent Trustpilot reviews, 25% are 1–2 star. The single most common complaint is being unable to withdraw funds (1 reports) — the classic warning sign in forex.

0
Period:
What users complain about
What users praise
Where reviewers are from
🇦🇪 AE2
Colombia1
United States1
Positive vs negative · last 2 months Pos Neg
Aug
Oct

Real user reviews

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About Malfex

Malfex is a forex and CFD broker based in United States, with records dating to 2023-02-03. 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.

On Trustpilot, Malfex holds a real-user score of 3.3/5 across 2 reviews. Withdrawal problems appear 1 times — always test a small withdrawal first.

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