No Regulation

Score

0 1 2 3 4 5 6 7 8 9

/10

PHYX TRADE

Saint Lucia | 1-2 years |

Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://phyxtrade.com

Website

Time Machine

Rating Index

Contact

+91 1145709931

https://phyxtrade.com

Ground Floor, The Sotheyby Building, Rodney Bay, Gros-Islet, St. Lucia. LC01 101

Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!

2026-03-25

This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region

Saint Lucia

Operating Period

1-2 years

Company Name

Phyx Trade Ltd.

Customer Service Email Address

support@phyxtrade.com

Contact Number

+911145709931

Company Website

https://phyxtrade.com

Account

Website

Company Summary

News

Wiki Q&A

Comment

Account

Environment
--
Currency
--
Maximum Leverage
1:100
SupportedEA
Minimum Deposit
$50,000
Minimum Spread
from 2
Depositing Method
(9) VISA MASTER Skrill Neteller
Withdrawal Method
(9) Neteller MASTER Bank transfer PerfectMoney
Minimum Position
0.01
Commission
$2 spot $5 futures per lot
Products
--

Products

Updated： 2026-03-25

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Details

Official Website

Website

phyxtrade.com
109.106.254.151
Server Location
Singapore
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
--
Company
--

Review summary

Phyx Trade Ltd. (PHYX TRADE) is a broker established within the last 1-2 years and registered in Saint Lucia. According to WikiFX data, the broker holds no valid forex trading licenses from recognized financial authorities. This lack of authoritative financial oversight represents a significant risk factor for client funds. The WikiFX overall score for this entity is 1.20, reflecting these substantial concerns. Trading accounts are offered with entry conditions ranging from $0 to $50,000 and leverage up to 1:400. In summary, traders should exercise extreme caution due to the complete absence of regulatory safeguards. 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: 2026-03-24)

Keywords

1-2 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

News

Exposure PHYX TRADE Review 2025: Is This Forex Broker Safe?

Phyx Trade review 2025: An unregulated Forex broker with a low 1.19 score. Analysis covers withdrawal complaints, account types, and high-risk warnings.

2026-03-09 17:30

Wiki Q&A

Can PHYX TRADE be considered a credible broker?

PHYX TRADE presents a high-risk profile due to its lack of regulatory oversight. Operated by Phyx Trade Ltd. and registered in Saint Lucia, the broker holds no verified forex licenses from major financial authorities, which is a significant red flag for the security of client capital.

16h

United States

What regulatory licenses does PHYX TRADE hold?

PHYX TRADE operates without any mainstream financial regulatory licenses. There is no evidence of the broker being authorized by prominent bodies such as the FCA, ASIC, or CySEC, meaning client funds are not protected by any formal compensation or segregation schemes.

16h

United States

When was PHYX TRADE established?

PHYX TRADE is a relatively new market entrant, having been in operation for 1-2 years. The short operational history provides limited track record for prospective clients to assess the broker's long-term reliability and performance.

16h

United States