Report a scam Find my broker
Brokers  /  FxMatrix

FxMatrix

High riskForex / CFD broker
🇬🇧 United Kingdom · 1-2 years · since 2024-10-22 · FxMatrix
Unregulated
Visit site ↗
—/5
★★★★★ ★★★★★
0 reviews ›
0
Licenses ›
0
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
53/100
Scam risk ›
0
Clone sites ›
▲ 0% positive▼ 0% negative
Independent ratingshow third parties score this broker
WikiFX1.31/10
Trustpilot—/5
Forex Peace Army—/5
🛡️ Been scammed or can’t withdraw from FxMatrix? Our free assistant writes up your case and shows exactly what to do next →
🇺🇸
FxMatrix 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.
53
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Recently established — about 21 months old
  • 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 age7215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)7810%

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 nameFxMatrix
Headquarters🇬🇧 United Kingdom
Founded2024-10-22
Years operating1-2 years
Employees0
Official websitefxmatrix.net
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods—
Withdrawal methods—
Instruments—
Registered address
20 Churchill Place, London E14 9SF

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

FxMatrix is a newly founded, unregulated broker based in the UK with a generic website that provides minimal operational detail. The lack of regulatory oversight and vague claims of government recognition raise serious concerns about client fund safety and trade integrity. FXCanary’s scam risk score of 53/100 reflects an elevated risk level, and we recommend extreme caution—or avoidance—until the broker demonstrates verifiable regulation and transparent practices.

Best for
  • Traders comfortable with unregulated brokers
  • Short-term speculative investors
Not for
  • Regulation-conscious traders
  • Long-term investors seeking protection
  • Beginners requiring clear risk disclosures
Period:

Real user reviews

Where FxMatrix operates

Active across 1 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.

🇺🇸 United States

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

eToro
United Kingdom · TP 4.1
Low risk ⇄ Compare with FxMatrix
Lloyds Bank
United Kingdom · TP 4.1
Low risk ⇄ Compare with FxMatrix
XTB
United Kingdom · TP 3.6
Low risk ⇄ Compare with FxMatrix
TRADE NATION
United Kingdom · TP 4.4
Low risk ⇄ Compare with FxMatrix
What FxMatrix says about itself as stated by the broker · not independently verified by FXCanary

Overview

FxMatrix presents itself as a platform to 'Achieve Financial Goals with us,' targeting users who wish to invest in various instruments. The website states that it offers a secure way to invest in 'stock, and Bond' and claims its platform has been 'officially recognized by the government.' It invites visitors to 'Secure your financial funds right now by investing in various instruments on our platform that have been officially recognized by the government.'

Account and Registration

The broker provides a 'Get Started' and 'Create Free Account' option, with separate login and registration pages. No specific account tiers or minimum deposit details are mentioned on the homepage. The registration process is implied to be straightforward, with a focus on quick access to trading.

Trading Instruments

FxMatrix's website lists 'Trade Invest stock, and Bond' as its core offering, suggesting the platform provides access to equity and fixed-income markets. There is no explicit mention of forex, CFDs, or cryptocurrencies, though the broker's name implies a broader scope.

Platform Features

The broker emphasises 'Safe financial investment with the features we have' and displays a security icon. However, no details about the trading platform (e.g., web-based or downloadable) or tools like charting or analysis are provided.

About FxMatrix

Who Is FxMatrix?

FxMatrix is a newly established trading entity registered in the United Kingdom with a founding date of 22 October 2024. The broker operates the website fxmatrix.net and lists its registered address at 20 Churchill Place, London E14 9SF. Despite its UK incorporation, our review found that FxMatrix holds no regulatory licences from the Financial Conduct Authority (FCA) or any other recognised financial supervisory body.

Regulatory Status

The absence of a licence is a critical factor for any broker evaluation. In FXCanary’s assessment, an unregulated broker poses significant risks to client funds and trade integrity. The company’s claim of government recognition is unsubstantiated and appears to be a marketing statement rather than a reflection of licensed oversight. Traders should treat such claims with caution.

Trading Offering

According to its website, FxMatrix offers trading in stocks and bonds. The homepage states 'Trade Invest stock, and Bond,' indicating a focus on traditional asset classes. There is no explicit reference to forex or CFDs, which is noteworthy given the 'FX' in its name. The platform does not provide details on spreads, leverage, or execution methods.

Account Types and Platform

FxMatrix’s website lacks information about account types, minimum deposits, or trading platforms. A 'Create Free Account' button suggests a simple sign-up process, but no demo account or tiered structure is mentioned. The platform interface is not described, leaving potential users with little insight into the trading experience.

Target Audience

Given its recent founding and unregulated status, FxMatrix appears to target retail investors seeking an online trading avenue. The accessible language and free account offer suggest a low barrier to entry. However, the lack of transparency may appeal more to speculative traders willing to accept higher risk.

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