Review summary
PHY, operating as PHY Capital Investments Limited, is a forex brokerage that has been in operation for 5-10 years and is registered in Hong Kong. According to WikiFX data, the entity holds no valid authoritative forex trading licenses and operates without mainstream regulatory oversight. A critical WikiFX risk assessment yields a very low overall score of 1.60 out of 10, indicating a severe lack of credible financial safeguards. Public exposure highlights significant user complaints regarding fund withdrawal difficulties, questionable trading guidance, and account management practices. Key operational metrics such as minimum deposit requirements, specific leverage offerings, and execution speed data are not publicly disclosed, further complicating a transparent evaluation. Investors should approach this entity with the highest level of due diligence. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-13)
FX2994429953
Hong Kong
Since the expert advisors of PHY made reverse order recommendations, I suffered from great losses. They blacklisted me and no more contact me. Do not be cheated!
Exposure
风98778
Hong Kong
Money can’t be withdrawn from Phy. Now applications for withdrawing money are directly canceled by the platform. How can I get the funds out? Thank you
Exposure
FX3749237132
Hong Kong
Malicious orders, two days of deficit of 3000 dollars, this platform is too fraud, hurry up to stay away from it
Exposure
FX3749237132
Hong Kong
In the name of defending rights, they said they would not ask me to deposit money before taking you money back. After a while, they would incite me to deposit money of 30% of the losses. Then I was their client. The whole practice was much faster then defending rights. They introduced me a so-called adviser to guide you to trade. Soon, the money was lost.
Exposure