About AuthPipsFx
Who is AuthPipsFx?
AuthPipsFx is a broker registered in the United Kingdom, with an official address at The Old Chapel, Union Way, Witney, Oxfordshire, OX28 6HD. It was founded on December 13, 2022. The broker operates the website authpipsfx.com.
The firm presents itself as an online trading platform focused on cryptocurrency markets. Based on its marketing, it offers leveraged trading with up to 100X leverage, allowing clients to take both long and short positions.
Regulation and Licensing
Neither FXCanary's records nor publicly available registers show AuthPipsFx holding any financial regulatory licence. The broker is not authorised by the UK Financial Conduct Authority (FCA) or any other known regulator. This absence of oversight is a significant factor for traders to consider.
The company is registered at Companies House in the UK as a private limited entity, but company registration alone does not confer regulatory permission to offer financial services.
Products and Services
AuthPipsFx appears to specialise in cryptocurrency trading, likely offering contracts for difference (CFDs) on digital assets. The broker advertises 100X leverage, a common feature in high-risk leveraged trading. It claims to support both going long and short, which is typical for CFD brokers.
The broker's website mentions a 'secure and ultra-fast platform', though no specific trading platform name (e.g., MetaTrader 5 or cTrader) is indicated. The platform is likely web-based, given the simple signup interface.
Client Base and Accessibility
With over 60 languages available on its site, AuthPipsFx targets an international audience. The broker does not appear to restrict clients based on residency in its public materials, but given its unregulated status, clients from many jurisdictions may be prohibited.
The website includes a blog and support section, suggesting a focus on customer assistance. However, further details on account types, minimum deposits, and payment methods are not evident from the available information.
Risk Considerations
Trading with unregulated brokers carries elevated risks, including lack of investor protection, potential for misconduct, and difficulties in dispute resolution. The high leverage of 100X can lead to rapid losses, especially in volatile crypto markets.
FXCanary's Scam Risk Score for AuthPipsFx is 49 out of 100 ('Guarded'), reflecting the absence of regulation and limited public track record since its founding in late 2022.
Overview compiled by FXCanary from regulatory records and public data. full AuthPipsFx review