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Home -
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FenzoFx -

Score

0 1 2 3 4 5 6 7 8 9
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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

FenzoFx

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

https://fenzofx.com/

Website
Open Account Time Machine

Rating Index

Influence

Influence

D

Influence index NO.1

Vietnam 2.68
Surpassed 11.50% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

https://fenzofx.com/
Route de Saint-Cergue 24bis, 1260 Nyon, Vaud, Switzerland

Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
2025-09-05
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Switzerland
Operating Period
1-2 years
Company Name
FenzoFx LLC
Company Website
https://fenzofx.com/
Company address
Route de Saint-Cergue 24bis, 1260 Nyon, Vaud, Switzerland
Account
Biz Area
Website
Company Summary
Wiki Q&A
Comment

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Website

fenzofx.com
84.32.84.45
Server Location
Lithuania
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
--
Company
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Company Summary

FenzoFx Review Summary
Founded2024-05-08
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsStocks, Indices, Currencies, Agriculture, Commodities, and Cryptocurrencies
Demo Account❌
LeverageUp to 1:200
SpreadFrom 0.5 pips
Trading PlatformMobius Trader (Web, mobile, and desktop)
Min DepositNo
Customer SupportEmail

FenzoFx Information

FenzoFx is a decentralized forex broker that enables anonymous trading, low transaction costs, and global access. Based on blockchain technology, the platform does not require KYC certification and supports trading in over 100 products, including forex, cryptocurrencies, commodities, indices, and stocks. It is suitable for experienced traders seeking privacy protection and low-cost trading.

However, the lack of regulation and risks associated with high leverage require caution. Novice traders are advised to first experience the platform through the no-deposit bonus before deciding on long-term investment.

FenzoFx

Pros and Cons

Pros Cons
RegulatedUnregulated
Zero commissionComplex no-deposit bonus
Swap freeMT4/MT5 not available
Spread as low as 0.5 pips (Forex)
Leverage up to 1:200 (Forex)
Multi-platform compatibility
Cryptocurrency payments
Abundant campaigns and bonuses
24/7 support

Is FenzoFx Legit?

FenzoFx is not regulated, and its official website does not disclose any regulatory qualifications (such as FCA, ASIC, etc.), indicating that it lacks endorsement from authoritative institutions.

not regulated
not regulated

What Can I Trade on FenzoFx?

FenzoFx offers Forex, cryptocurrencies, commodities, indices, stocks, and agriculture.

Tradable Instruments Supported
Forex✔
Commodities✔
Stocks✔
Cryptocurrencies✔
Indices✔
Agriculture✔
ETFs❌
Bonds❌
Mutual Funds❌

Account Type

FenzoFx offers 4 types of accounts.

Standard Account: Commission-free and swap-free, suitable for all traders.

PAMM Account: Designed for investors to entrust professional traders with fund management. The minimum investment is $100, and fund managers must deposit $2000. Profits are distributed proportionally: 70% for investors and 30% for managers.

Prop Trading Account: Available in two tiers: a $500 account (with a $5 application fee) and a $1000 account (with a $10 application fee). Traders must achieve profit targets (3 times the initial capital) within 150 days.

No Deposit Bonus Account (limited-time offer): An experiential account exclusive to new users, providing real trading funds without deposit. Users can get $50 upon registration, limited to forex trading, and valid for 30 days.

Account Type StandardPAMMProp Trading No Deposit Bonus
Suitable forAll tradersInvestors /asset managersTraders verifying strategiesNew users for the experience
Minimum Investment$1$100 (investment)$5 (application fee)$0
Minimum SpreadFrom 0.5 pips---
Commossion0---
Maximum Leverage1:200---
Core AdvantagesLow threshold, full product coverage, Swap FreeCopy trading, transparent profit sharing, and risk diversificationLow-cost startup, high leverage (1:200)Zero-cost trial investment

FenzoFx Fees

The forex spread starts from 0.5 pips, while the spreads for cryptocurrencies and stocks fluctuate with the market. FenzoFx offers commission-free trading. In addition, major currency pairs, cryptocurrencies, and commodities are free of overnight interest (swap), except for indices and stocks.

spreads

Leverage

ProductLeverage RatioRemarks
Foreign Exchange1:200Applicable to major currency pairs (e.g., EUR/USD, GBP/USD, etc.)
Commodities1:100Gold, crude oil, etc.
1:50Special commodities (e.g., natural gas)
Indices1:100Applicable to global stock indices (e.g., SPX500, US30, etc.)
Cryptocurrencies1:50Major currencies (e.g., BTC/USD, ETH/USD)
1:25Other cryptocurrencies (e.g., XRP/USD, LTC/USD)
Stocks1:25Applicable to individual stocks (e.g., AAPL, TSLA, etc.)

Keywords

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

Wiki Q&A

Shoofar
Within 1 year

What is the spread at FenzoFx?

WikiFX Reply
The spread at FenzoFx starts from 0.5 pips for forex trading, which is relatively tight and competitive for active traders who focus on forex markets. However, spreads for commodities, cryptocurrencies, and stocks are subject to market fluctuations and may widen during periods of high volatility. For me, the tight 0.5 pip spread on forex is appealing because it minimizes trading costs, which is crucial for active traders. However, I would want more clarity about the spreads on other asset classes like cryptocurrencies and stocks, as these can often carry wider spreads, which could eat into profits. Overall, the spread for forex is competitive, but I would recommend verifying the spread for other instruments with FenzoFx before opening an account.
Broker Issues
FenzoFx
Fees and Spreads
08-10
United States
Interbank Trader
Within 1 year

Is FenzoFx a safe broker to trade with?

WikiFX Reply
The safety of trading with FenzoFx is questionable due to its unregulated status. Trading with unregulated brokers increases the potential risk to my funds as there are no consumer protections in place, such as compensation schemes or strict financial audits. While FenzoFx offers various trading instruments like forex, cryptocurrencies, and commodities, the lack of regulatory oversight means that there are no guarantees in place should something go wrong. In my opinion, a broker’s regulatory status is paramount when it comes to trading safely, and given FenzoFx's unregulated nature, I would be cautious about trading with them. If I were to trade with FenzoFx, I would do so with full awareness of the risks involved, particularly the absence of protection in case of financial disputes or platform malfunctions.
Broker Issues
FenzoFx
Regulation
07-27
United States
edgeisedge
Within 1 year

Does FenzoFx charge a commission?

WikiFX Reply
FenzoFx does not charge a commission on forex and commodity trading, which simplifies the cost structure for traders. For me, commission-free trading is always an attractive feature, as it eliminates one variable when calculating the total cost of each trade. However, while there are no commissions, the broker earns from the spread, which starts from 0.5 pips for forex trades. From my experience, I prefer knowing the full cost structure, including how spreads might widen in volatile market conditions. FenzoFx’s model of charging no commission with a spread-based cost is common, but I would recommend understanding how spreads can affect your overall costs, especially for high-frequency traders.
Broker Issues
FenzoFx
Fees and Spreads
07-02
United States
Hhduy
Within 1 year

Does FenzoFx offer a demo account?

WikiFX Reply
FenzoFx does not offer a demo account, which is a disadvantage for new traders. In my experience, demo accounts are crucial for practicing trading strategies, familiarizing oneself with the platform, and understanding the risks involved without risking real money. Since FenzoFx does not provide a demo account, new users may find it more challenging to get comfortable with the platform. I would recommend contacting FenzoFx for more details on this, as a demo account would significantly improve the onboarding experience for novice traders.
Broker Issues
FenzoFx
Account
Leverage
Platform
Instruments
07-02
United States
View More

User Reviews 1

All (1) Exposure (1)
Wapgodz
3-5 years
Exposure
They are scammers! They shut my trade automatically after I made over 500$ in profits and they cleared my trading history entirely! Stupid broker
06-24

Nigeria
No more
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