FAX TRADE

According to WikiFX data, FAX TRADE cannot be considered safe and reliable for trading. The entity holds an extremely low WikiFX Score of 1.37 and operates without any valid regulatory licenses. This indicates a high-risk profile where client funds lack formal protection from an oversight authority, making it an unsuitable choice for most traders.

No. WikiFX assessment indicates that FAX TRADE does not hold any valid regulatory licenses from recognized financial authorities such as the FCA, ASIC, or CySEC. It is an unregulated entity registered in Thailand, which places it outside the frameworks that enforce client fund segregation, fair trading practices, and dispute resolution common among regulated brokers.

Specific information regarding FAX TRADE's minimum deposit requirement is not currently available in the public domain. Traders considering this broker are advised to verify this and all other terms directly from the broker's official channels, bearing in mind its unregulated status.

While FAX TRADE receives a moderate software index score of 4.0, detailed information about the specific trading platforms it offers, including whether MetaTrader 4 (MT4) or MetaTrader 5 (MT5) are supported, is not explicitly listed. This lack of transparency regarding its core trading infrastructure adds to the operational uncertainty surrounding this broker.