CentrixFX

Yes, trading with CentrixFX is considered high-risk. The broker's overall WikiFX Score of 1.39 out of 10 reflects fundamental issues. As an unregulated entity operating from Comoros without any verified licenses, it lacks the credible oversight that governs fund security and fair dispute resolution. Investors should approach with caution due to this severe risk profile.

CentrixFX operates without oversight from any reputable financial regulatory authority. It is not licensed by recognized bodies such as the FCA, ASIC, or CySEC. Registration in Comoros does not provide substantive regulatory protection, meaning client funds and operations exist in an environment devoid of standard financial safeguards.

CentrixFX has been operational for a period of 2 to 5 years. The broker has not established a long-term market presence, which, combined with its unregulated status, contributes to its high-risk assessment.

CentrixFX offers three primary account types: PRO, Elite, and ECN. All accounts feature a very low minimum deposit requirement of $0.01 and high maximum leverage of up to 1:500. Spreads start from 1.5 pips on the PRO account, from 1 pip on Elite, and from 0 pips on the ECN account. The broker supports scalping, hedging, and the use of Expert Advisors (EAs).