Brokers  /  PhyxTradeLtd

PhyxTradeLtd

Severe risk
🇬🇧 United Kingdom · < 1 year · since 2025-09-05 · Phyxtrade LTD
Unregulated
Independent ratingshow third parties score this broker
WikiFX1.19/10
Trustpilot/5
Forex Peace Army/5
75
Severe risk
Scam Risk Scoremonitored · 2026-07-06
Lower riskHigher risk
  • No verified regulatory license on file
  • Recently established — about 10 months old
  • Withdrawal complaints in ~33% 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 age9215%
Clone / impersonation012%
Withdrawal & exposure complaints5412%
Offshore registration108%
Transparency (site/info/social)7810%

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 namePhyxtrade LTD
Headquarters🇬🇧 United Kingdom
Founded2025-09-05
Years operating< 1 year
Employees0
Official website
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods2 · BANK, TRANSFER
Withdrawal methods2 · BANK, TRANSFER
InstrumentsCurrency pairs - 80 Metal CFDs
Registered address
32 London Bridge St, London, SE1 9SG, UK

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 2

AccountMax leverageMin. depositMin. spreadCommissionEA
ALPHA1:500$1000.0+Currencies, Forex - Metals - USD 4.5 to USD 6.0 per 1.0 lot
ADVANTAGE1:30$3001.2+--

Review analysis AI

Across 21 recent Trustpilot reviews, 5% are 1–2 star. The single most common complaint is being unable to withdraw funds (7 reports) — the classic warning sign in forex.

0
Period:
What users complain about
What users praise
Where reviewers are from
Germany15
United Kingdom4
Thailand1
Taiwan1

Real user reviews

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About PhyxTradeLtd

PhyxTradeLtd is a forex and CFD broker based in United Kingdom, with records dating to 2025-09-05. 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 PhyxTradeLtd review