Report a scam Find my broker
Brokers  /  MatrixFX Trade

MatrixFX Trade

High riskForex / CFD broker
Malta · 5-10 years · since 2020-07-08 · MFXT ltd.
Unregulated
Visit site ↗
—/5
★★★★★ ★★★★★
0 reviews ›
0
Licenses ›
0
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
51/100
Scam risk ›
0
Clone sites ›
▲ 0% positive▼ 0% negative
Independent ratingshow third parties score this broker
WikiFX1.55/10
Trustpilot—/5
Forex Peace Army—/5
🛡️ Been scammed or can’t withdraw from MatrixFX Trade? Our free assistant writes up your case and shows exactly what to do next →
🇺🇸
No sign that MatrixFX Trade 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.
51
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 age2215%
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 nameMFXT ltd.
Headquarters Malta
Founded2020-07-08
Years operating5-10 years
Employees0
Official websitematrixfxtrade.com
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

MatrixFX Trade operates without any verified regulatory oversight, which is a significant red flag. Its unsubstantiated claims of FDIC insurance and licensed status further elevate the risk profile. With an FXCanary Scam Risk Score of 51/100, this broker presents an elevated risk of fraud or mismanagement, and traders are strongly advised to avoid depositing funds until the broker provides verifiable regulatory compliance and transparent operational details.

Not for
  • Risk-averse traders
  • Traders seeking regulated brokers
  • Investors requiring transparent fee structures
Period:

Real user reviews

Similar brokers

deriv
Malta · TP 4.3
Guarded ⇄ Compare with MatrixFX Trade
FXDD
Malta · TP 1.5
Elevated ⇄ Compare with MatrixFX Trade
NSBroker
Malta · TP 2.3
Guarded ⇄ Compare with MatrixFX Trade
BLUESUISSE
Malta · TP 3.2
Low risk ⇄ Compare with MatrixFX Trade
What MatrixFX Trade says about itself as stated by the broker · not independently verified by FXCanary

Company Overview

MatrixFX Trade claims to be a licensed investment company where deposits are FDIC insured, according to its website. The broker states that its expertise helps in effective investment management, maximizing profits while minimizing risks.

Investment Approach

According to the official site, MatrixFX Trade emphasizes that every investment brings income and invites potential clients to 'try right now and invest for yourself.' The site features a testimonial attributed to Dan Morehead, though the content is truncated.

About MatrixFX Trade

Company Background

MatrixFX Trade is registered in Malta and was founded on July 8, 2020. Its official website is matrixfxtrade.com. The broker presents itself as an investment company, though specific details about its operational history are limited to its registration date and country.

Regulatory Status

Our review found that MatrixFX Trade has no verified regulatory licences from any known financial authority. The broker claims to be a 'Licensed Investment Company' and states that deposits are FDIC insured, but we could not confirm these assertions against any public register. This lack of external oversight is a notable concern for potential clients.

Products and Services

Based on the limited information from its website, MatrixFX Trade appears to offer investment management services aimed at generating returns. The site does not explicitly list tradable instruments such as forex, CFDs, or cryptocurrencies. The broker's focus on 'maximizing profits while minimizing risks' suggests a possible retail forex/CFD offering, but this cannot be confirmed from the available public data.

Account Types and Platforms

No specific account types or trading platforms are mentioned on the MatrixFX Trade website. The site provides a link to 'Create Account' and a 'Log In' portal, but further details about account tiers, spreads, or leverage are absent. Similarly, no information about trading software (e.g., MetaTrader, cTrader) is available.

Deposits and Withdrawals

The website does not disclose deposit methods, withdrawal procedures, or fees. The claim of FDIC insurance implies a link to US banking, but given the broker's Malta registration and lack of US regulatory licences, this claim remains unsubstantiated. Potential clients should exercise caution regarding fund security.

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