Global Broker Regulation Inquiry App
WikiFX
No Regulation
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/10
CedarFX
Mauritius
|
5-10 years
|
Suspicious Regulatory License
|
MT4 Full License
|
Regional Brokers
|
High potential risk
https://www.cedarfx.com/
Website
Rating Index
MT4/5 Identification
MT4/5
Full License
CedarFX-Demo2
United States
2
Influence
D
Influence index NO.1
Germany 2.61MT4/5 Identification
MT4/5 Identification
Full License
2
Server Name
CedarFX-Demo2 MT4
Server Location United States
United StatesInfluence
Influence
D
Influence index NO.1
Germany 2.61Surpassed 20.90% brokers
Biz Area
Search Statistics
Advertising
Social Media Index
Contact
https://www.cedarfx.com/
Suite 102, 1st Floor, Sterling Tower, 14 Poudriere Street, Port-Louis, Mauritius.
https://www.facebook.com/CedarForex
Licenses
No valid regulatory information, please be aware of the risk!
Warning: Low score, please stay away!
2025-10-29
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic Information
Registered Region Mauritius
MauritiusOperating Period
5-10 years
Company Name
Cedar Ltd
Company Website
Company Address
Suite 102, 1st Floor, Sterling Tower, 14 Poudriere Street, Port-Louis, Mauritius.
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Genealogy
Company Summary
News
Wiki Q&A
Comment
MT4/5
Full License MT4
2
MT4 Servers
0
MT5 Servers
242.00
Average execution speed/ms
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
Meta Trader 4
Perfect
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Sources
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WikiResearch
WikiResearchWebsite
cedarfx.com
46.101.10.235
Server Location
United KingdomICP registration
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--
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Company Summary
| CedarFX Review Summary | |
| Founded | 2018 |
| Registered Country/Region | Mauritius |
| Regulation | No regulation |
| Market Instruments | Forex, Commodities, Crypto CFDs, CFDs, Indices, Stocks |
| Demo Account | ✅ |
| Leverage | / |
| EUR/USD Spread | 0.0–0.2 pips (with 0% Commission Account) |
| Trading Platform | MetaTrader 4 (MT4), Web Trader |
| Minimum Deposit | $10 |
| Customer Support | Live chat |
CedarFX Information
CedarFX, established in 2018 and incorporated in Mauritius, is an unregulated broker that trades over 180 assets, including forex, commodities, stocks, indices, and cryptocurrency CFDs. It offers two types of accounts (0% commission and Eco) and supports MT4 on PC, mobile, and online platforms.
Pros and Cons
| Pros | Cons |
| Zero-commission trading | No regulation |
| Supports crypto deposits & withdrawals | No MT5 |
| Offers both live and demo accounts | No swap-free (Islamic) account |
| Inactivity fee charged |
Is CedarFX Legit?
CedarFX is an unregulated broker. Although it claims to be registered in Mauritius, the country lacks a recognized financial authority that oversees or regulates FX or CFD brokers.
According to Whois records, the domain cedarfx.com was registered on March 21, 2018, last updated on March 22, 2025, and will expire on March 21, 2027. The domain status is currently set to “client delete prohibited,” “client renew prohibited,” “client transfer prohibited,” and “client update prohibited”.
What Can I Trade on CedarFX?
CedarFX provides over 180 financial assets, including forex, indices, commodities, stocks, futures, and cryptocurrency CFDs. Traders have access to major, minor, and exotic currency pairs, global indexes, precious metals, oil, and a diverse variety of top company stocks.
| Tradable Instruments | Supported |
| Forex | ✓ |
| Commodities | ✓ |
| Crypto CFDs | ✓ |
| CFDs | ✓ |
| Indices | ✓ |
| Stocks | ✓ |
| Bonds | ✓ |
| Options | ✓ |
| ETFs | ✗ |
Account Type
CedarFX provides two types of live trading accounts: the 0% Commission Account for cost-conscious traders and the Eco Account for those who want to support sustainability efforts. Both account types are accessible as real or demo accounts, and they may be created using the MetaTrader 4 platform. CedarFX does not specifically specify Islamic (swap-free) accounts on their website.
| Account Type | key Features | Suitable for |
| 0% Commission Account | No commission, low spreads, no transaction fees, 180+ assets, Bitcoin & fiat deposits accepted | Cost-conscious traders seeking minimal fees |
| Eco Account | $1 commission per lot, matched by CedarFX, funds go to Ecologi for environmental projects | Traders wanting to support sustainability |
CedarFX Fees
CedarFX's overall fees are lower than industry standards since it charges 0% commission on trades, allowing traders to use their whole deposit at no additional expense.
Non-Trading Fees
| Non-Trading Fees | Amount |
| Deposit Fee | 0 |
| Withdrawal Fee | 0 |
| Inactivity Fee | $10 USD per month after 180 days of account open, if no deposit in 90 days and no trading activity in 30 days |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MetaTrader 4 (MT4) | ✔ | Windows, Android, iOS, Web Trader | Beginners |
| MetaTrader 5 (MT5) | ❌ | — | Experienced traders |
Deposit and Withdrawal
CedarFX does not impose deposit or withdrawal fees, however, Bitcoin transactions incur blockchain network/miner costs. The minimum deposit is $10 (Bitcoin) or $50 (other methods), while the minimum withdrawal is $10.
| Payment Method | Minimum Deposit | Minimum Withdrawal | Fees | Deposit Time | Processing Time |
| Bitcoin | $10 | $10 | No CedarFX fee, but blockchain/miner fees apply | 5–60 min | Within 24h + blockchain time |
| Credit/Debit Card via Instacoins | $50 | - | Third-party fees (Instacoins) may apply | Varies by Instacoins | - |
| Bank Wire via Instacoins |
Keywords
- 5-10 years
- Suspicious Regulatory License
- MT4 Full License
- Regional Brokers
- High potential risk
News
News Unregulated Broker CedarFX: Understanding the Risks and Potential Pitfalls
If you're considering investing your money, you must make a wise decision and not fall prey to fraudulent activities.
2023-07-04 11:04
News WIKIFX REPORT: GREEN FX IS HERE TO STAY. RETAIL BROKERS FOLLOW THE BANKS LEAD
Retail FX brokerage CedarFX understands the importance of offering ecologically friendly FX trading accounts, especially when the new generation of traders are keen to ensure social and corporate responsibility when investing in capital markets. Here is why it should be taken seriously.
2022-06-10 12:18
News WIKIFX REPORT: CedarFX Lends Support to Combat Climate Change
As we enter a new era of unending extreme weather events caused by rising average temperatures, such as heatwaves and bushfires, one forex broker has developed to address the situation.
2022-06-10 12:07
News WIKIFX REPORT: CedarFX - The Eco-Friendly Way To Trade Forex
The new CedarFX Forex broker is already in a league of its own. It has immediately distinguished itself since its launch in 2020 by taking a holistic approach to its clients and making an exceptional commitment to the environment.
2022-06-10 12:01
News WikiFX report: Urgent Alert! Do not fall for the green-painted CedarFX broker scheme!
The CedarfFX broker scam (www.cedarfx.com) has a green touch to it. The fraud is purportedly run by Cedar LLC, a St. Vincent and the Grenadines-based company founded in September 2020. Bitcoins, credit and debit cards, and bank transfers are all options for victims.
2022-05-20 15:22
News WikiFX report: CEDARFX REVIEW
CedarFX only launched in 2020, but it is already gaining traction and carving out a niche for itself. This broker created a name for itself by pledging to aid the environment through its Eco Account and affiliation with the environmental NGO Ecologi. However, due to its lack of fees and charges, as well as its relatively low spreads on 180+ different tradeable assets, it has continued to grow as a forex broker. On the widely recognized and secure MT4 trading platform, traders can trade 55 fiat currency pairs and 38 crypto pairs, as well as stocks, indices, commodities, and metals.
2022-04-07 14:44
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Wiki Q&A
Rustam R 
1-2 years
Are there CedarFX commissions?
No, CedarFX doesn’t charge any commissions, which is one of the reasons I’d recommend it in my CedarFX review. I’m a fan of brokers that don’t have commissions because it makes trading more affordable. CedarFX’s zero-commission structure allows me to trade more freely without worrying about extra fees eating into my profits.
Broker Issues
Fees and Spreads
08-11
United States
Shoofar
1-2 years
Is CedarFX legit?
CedarFX claims to be registered in Mauritius, but since the country lacks a recognized financial authority to oversee FX or CFD brokers, I personally wouldn’t consider it fully legit. In my CedarFX review, I’d point out that its unregulated status might not provide the same level of security as regulated brokers. For me, I always prefer trading with platforms that are regulated by reputable authorities.
Broker Issues
Regulation
08-02
United States
Sam35
1-2 years
Does CedarFX have any cons?
Yes, there are some cons with CedarFX. The lack of regulation is a significant concern for me. Since there’s no oversight, I’m not sure how secure my funds are. Additionally, CedarFX doesn’t support MetaTrader 5 (MT5), which is the platform I prefer for its advanced features. Also, the inactivity fee of $10 per month after 180 days of no trading or deposits is something I’d be cautious of. In my CedarFX review, I would recommend considering these cons before deciding to open an account.
Broker Issues
Regulation
07-07
United States
Sergey5
1-2 years
What are the pros of CedarFX?
From my experience with CedarFX, the zero-commission trading is a huge advantage. It really reduces my trading costs, and I always look for brokers like CedarFX that offer cost-effective options. Another plus is that CedarFX supports crypto deposits and withdrawals, which is a great feature for cryptocurrency traders. I also love that they offer both live and demo accounts, which makes it easy for beginners like me to get started and practice before diving into live trading.
Broker Issues
Regulation
06-29
United States
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