About FIXI
Overview
FIXI is a financial entity registered in the United Kingdom, established on 19 November 2018. The company presents itself as a provider of trading services across various market instruments, including currency pairs, metals, and indices. However, its official website is currently inaccessible, and the UK's Financial Conduct Authority (FCA) has raised suspicions regarding its operations, casting doubt on its legitimacy and reliability.
Regulation and Security
FIXI is listed with the Financial Conduct Authority (FCA), a major UK regulator, but its authorisation status is marked as '—', indicating unclear or non-active status. The FCA itself has flagged the entity with warnings, and the lack of a functioning website adds to concerns about its regulatory standing. Traders should be aware that regulatory oversight appears compromised, offering little protection.
Account Types
FIXI offers three account types: the Standard Account, Pro Account, and Islamic Account (swap-free), each tailored to different trading needs. The company states a minimum deposit of $100 to open an account. However, due to the absence of an operational website, the specific features and conditions of these accounts cannot be independently verified.
Trading Instruments
According to publicly available records, FIXI provides access to trading in currency pairs (forex), precious metals, and indices. These are common instruments in the retail CFD space, but no further details on spreads, leverage, or contract sizes are available. The limited information suggests a focus on traditional leveraged products.
Minimum Deposit and Funding
A minimum deposit of $100 is required to start trading, in line with many retail brokers targeting smaller traders. No information on funding methods, withdrawal processing, or fees has been found, as the official site is not accessible. This lack of transparency is a significant red flag.
Who Is It For?
Given the regulatory warnings and inaccessibility, FIXI is not suitable for most retail traders. It might only appeal to those willing to take extreme risks, but even then the lack of operational visibility makes it highly inadvisable. Risk‑averse traders and those seeking regulated environments should avoid this broker entirely.
Overview compiled by FXCanary from regulatory records and public data. full FIXI review