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/10

FxPlayer

Marshall Islands Marshall Islands | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

http://thefxplayer.com/

Website

Rating Index

Influence

Influence

D

Influence Index NO.1

United Arab Emirates United Arab Emirates 2.51
Surpassed 15.80% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

http://thefxplayer.com/
Trust Company Complex, Ajeltake Road Majuro Ajeltake Island MH96960 Marshall Islands

license Forex License

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

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Marshall Islands
Operating Period
5-10 years
Company Name
FxPlayer Ltd
Address
Trust Company Complex, Ajeltake Road Majuro Ajeltake Island MH96960 Marshall Islands
Account Info
Business Region
Verified Site
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Official Website

Verified Site

  • thefxplayer.com
    160.153.235.115
    Server Location
    Netherlands Netherlands
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

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FxPlayer

Related Companies

FxPlayer Ltd.
Marshall Islands
FxPlayer Ltd.
Active
Marshall Islands
Registration No.77375
Est. Date
SourceOfficial Statement

Company Profile

Company Profile

Review summary

FxPlayer Review Summary
Registered On2014-01-30
Registered Country/RegionMarshall Islands
RegulationUnregulated
Market InstrumentsForex, Commodities, and Indices
Demo Account
LeverageUp to 1:200
SpreadAverage Spreads from 0.4 pips(EUR/USD)
Trading PlatformFxPlayer Trader, MT4/MT5, Currenex, and UniTrader/ActTrader
Min Deposit$50
Customer Support/
Trust Company Complex, Ajeltake Road, Majuro, Ajeltake Island, MH96960, Marshall Islands

FxPlayer Information

FxPlayer Ltd was founded in 2014, specializing in the True ECN/STP trading model. Relying on pricing from tier-1 banks, it offers global financial instruments such as foreign exchange, commodities, and indices. However, it lacks regulatory oversight and has insufficient transparency in fees.

Pros and Cons

Pros Cons
Commission as low as $0.02 per micro lotUnregulated
Multiple trading instrumentsNo real-time spread data
Diverse platformsLeverage up to 1:200
Deposit bonusesBonus threshold
Demo account available

Is FxPlayer Legit?

FxPlayer is unregulated. Traders are advised to prioritize brokers regulated by authorities such as the FCA or ASIC.

What Can I Trade on FxPlayer?

Tradable Instruments Supported
Forex
Commodities
Indices
Cryptocurrencies
Precious Metals
Shares
ETFs
Bonds
Mutual Funds
Forex

Account Type

FxPlayer offers 6 account types, with the core differences as follows:

Account TypeMicroMiniNormalProInstitutionalFlex
Minimum Deposit$50$500$5,000$20,000$100,000$10,000
Average Spreads(EUR/USD)0.4, Variable0.4, Variable0.4, Variable0.4, Variable0.4, Variable0.4, Variable
Commission (per micro lot)$0.06$0.05$0.04$0.03$0.02$0.04
Maximum Leverage1:1001:1001:2001:2001:2001:200
Maximum Trading Volume10,000 units100,000 units1,000,000 units10,000,000 units100,000,000 unitsUnlimited

Fees

The average spread for major currency pairs such as EUR/USD is 0.4 pips, and the commission ranges from $0.02 (Institutional account) to $0.06 (Micro account) per micro lot.

Leverage

The maximum leverage for Micro/Mini accounts is 1:100 and For Normal accounts and above, the maximum leverage is 1:200.

Trading Platform

FxPlayer provides a self-developed platform, FxPlayer Trader, and third-party platforms such as MetaTrader 4/5 (Web), Currenex, suitable for institutional users, and UniTrader/ActTrader.

Trading PlatformSupported Available Devices Suitable for
FxPlayer Trader--
MT4/MT5WebBeginner/experienced traders
Currenex-Institutional clients
UniTrader/ActTrader--

Deposit and Withdrawal

Deposit

FxPlayer supports deposits via credit cards (VISA/MC), e-wallets (PayPal), Bitcoin, and bank wire transfers (for some accounts). A 100% bonus is available for the first deposit (subject to trading volume requirements).

Withdrawal

Processing is usually done on the same day or the next working day. Applications submitted after 12:00 EET will be postponed.

Withdrawal

Bonus

FxPlayer offers a tiered deposit bonus. Deposits ranging from $100 to $1,000+ are eligible for 100%-500% bonuses (up to $5,000). However, to qualify, users must complete 50 lots of forex trading within 2 months for every $100 bonus received, and each account is limited to one bonus claim.

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

News

Traders Say NO to FxPlayer Due to Deposit & Withdrawal Scams: Check Their Complaints

Exposure Traders Say NO to FxPlayer Due to Deposit & Withdrawal Scams: Check Their Complaints

Do you constantly face login issues with your FxPlayer trading account? Does the Marshall Islands-based forex broker prevent you from accessing fund withdrawals? Did your deposit vanish at FxPlayer? You are not alone! Many traders have complained about these suspicious transactions. Take a look!

Wiki Q&A

Can FxPlayer be considered a credible broker?

The operational profile of FxPlayer Ltd raises significant concerns regarding its credibility. A core issue is its complete lack of regulation from recognized global financial authorities, which is a fundamental benchmark for broker reliability. While it offers tiered accounts with entry points from $50 to $100,000 and advertises ECN/STP/DMA execution, these features do not substitute for the absence of formal oversight mechanisms and investor protection found with regulated entities.

04-02
United States

What is the current regulatory status of FxPlayer?

FxPlayer Ltd operates without any form of verified mainstream financial regulation. The company is registered in the Marshall Islands, a jurisdiction not known for robust, active oversight of forex brokers. It holds no licenses from top-tier authorities such as the UK's FCA, Australia's ASIC, Cyprus's CySEC, or any other globally recognized regulator. This unregulated status means client funds are not segregated in accordance with strict regulatory standards, and traders have no recourse to independent dispute resolution or compensation schemes.

04-02
United States

How can I contact FxPlayer?

Specific contact details for FxPlayer, such as a verified physical office address, direct phone numbers, or official email addresses, are not publicly disclosed in a standardized manner. The broker's operational presence appears primarily digital. Prospective or current clients are advised to exercise significant caution and conduct thorough due diligence, as the lack of transparent, verifiable contact information is common among unregulated entities and complicates issue resolution.

04-02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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