Report a scam Find my broker
Brokers  /  BingX

BingX

Severe riskCrypto exchange
🇺🇸 United States · 5-10 years · since 2020-02-04 · BingX
This is a crypto exchange, not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
Visit site ↗
3.4/5
★★★★★ ★★★★★
25 reviews ›
0
Licenses ›
3
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
75/100
Scam risk ›
0
Clone sites ›
▲ 80% positive▼ 12% negative
Independent ratingshow third parties score this broker
WikiFX1.56/10
Trustpilot3.4/5
Forex Peace Army—/5
🛡️ Been scammed or can’t withdraw from BingX? Our free assistant writes up your case and shows exactly what to do next →
🇺🇸
BingX operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.
75
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • 6 user exposure/complaint reports filed
  • Withdrawal complaints in ~12% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints9012%
Offshore registration108%
Transparency (site/info/social)2210%
Real-user sentiment508%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameBingX
Headquarters🇺🇸 United States
Founded2020-02-04
Years operating5-10 years
Employees0
Official websitebingx.pro
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods—
Withdrawal methods—
Instruments—

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -2.62)

Across 25 recent Trustpilot reviews, 12% are 1–2 star. The single most common complaint is being unable to withdraw funds (3 reports) — the classic warning sign in forex.

0
Period:
What users complain about
What users praise
Where reviewers are from
United States11
Australia7
Taiwan2
Vietnam2
🇳🇬 NG1
LK1

Real user reviews

Where BingX operates

Active across 90 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇦🇺 Australia
🇦🇷 Argentina 1 complaint
🇹🇭 Thailand
🇹🇷 Turkey
🇷🇺 Russia
🇻🇳 Vietnam
🇧🇷 Brazil
🇺🇦 Ukraine
🇺🇸 United States
🇩🇪 Germany
🇨🇭 Switzerland
🇰🇷 South Korea
🇵🇱 Poland
🇬🇹 Guatemala 1 complaint
🇪🇨 Ecuador
🇩🇲 Dominica
🇰🇪 Kenya
🇵🇭 Philippines
🇧🇴 Bolivia 1 complaint
🇭🇰 Hong Kong 1 complaint
🇹🇼 Taiwan 2 complaints

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

Similar brokers

Lear Capital
United States · TP 4.7
Severe ⇄ Compare with BingX
FOREX.com
United States · TP 4.6
Low risk ⇄ Compare with BingX
Fidelity
United States · TP 1.3
Severe ⇄ Compare with BingX
Robinhood
United States · TP 1.2
Severe ⇄ Compare with BingX

About BingX

BingX is a forex and CFD broker based in United States, with records dating to 2020-02-04. Critically, we could not verify any active forex-trading license for this broker.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

On Trustpilot, BingX holds a real-user score of 3.4/5 across 2 reviews. Withdrawal problems appear 3 times — always test a small withdrawal first.

Overview compiled by FXCanary from regulatory records and public data. full BingX review