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ForexPay

High risk
🇨🇳 China · 2-5 years · since 2022-08-04 · ForexPay
This is a , 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 ↗
—/5
★★★★★ ★★★★★
0 reviews ›
0
Licenses ›
0
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
54/100
Scam risk ›
0
Clone sites ›
▲ 0% positive▼ 0% negative
Independent ratingshow third parties score this broker
WikiFX1.46/10
Trustpilot—/5
Forex Peace Army—/5
🛡️ Been scammed or can’t withdraw from ForexPay? Our free assistant writes up your case and shows exactly what to do next →
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No sign that ForexPay actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
54
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • No verifiable website or social-media presence
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 age4515%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration458%
Transparency (site/info/social)10010%

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 nameForexPay
Headquarters🇨🇳 China
Founded2022-08-04
Years operating2-5 years
Employees0
Official websiteforexpay.io
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

ForexPay presents a high level of risk due to its complete lack of regulatory licences and limited public information. Traders should exercise extreme caution, as there are no independent safeguards or recourse mechanisms in place. The elevated Scam Risk Score underscores the potential for adverse outcomes.

0
Period:

Real user reviews

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About ForexPay

Overview

ForexPay is a financial services entity registered in China, with an official domain of forexpay.io. The company was founded on 4 August 2022. As of the time of this review, the platform does not appear on any major regulatory register, and no regulatory licences have been confirmed. This absence of regulatory oversight is a significant factor for traders to consider.

Given the lack of publicly available information from the broker's own website and the absence of verified regulatory credentials, independent assessment of ForexPay's operations is limited. The broker's elevated Scam Risk Score of 54/100, as calculated by FXCanary's proprietary methodology, reflects these uncertainties and the inherent risks of dealing with an unregulated entity.

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