Brokers  /  PhaseForex

PhaseForex

Moderate risk
🇨🇾 Cyprus · 5-10 years · since 2021-01-21 · Phase Forex LTD
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Independent ratingshow third parties score this broker
WikiFX1.53/10
Trustpilot/5
Forex Peace Army/5
35
Moderate risk
Scam Risk Scoremonitored · 2026-07-07
Lower riskHigher risk
  • Limited public information available
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 & licensing6835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints1212%
Offshore registration108%
Transparency (site/info/social)2510%

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 namePhase Forex LTD
Headquarters🇨🇾 Cyprus
Founded2021-01-21
Years operating5-10 years
Employees0
Official websitephaseforex.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
B1 359 28th October street,, WTC Cyprus - Trust Re Building, Limassol 3107

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
VFSCForex Trading License (EP)40387Vanuatu

Review analysis AI

Across 1 recent Trustpilot reviews, 100% are 1–2 star.

0
Period:
What users complain about
Where reviewers are from
Turkey1

Real user reviews

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About PhaseForex

PhaseForex is a forex and CFD broker based in Cyprus, with records dating to 2021-01-21. It reports oversight from VFSC.

FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.

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