About Relix Finc
Overview
Relix Finc is a forex and CFD broker that operates under the official domain relixfinc.com. The company was registered in the United Kingdom in March 2022, according to known facts, though its own marketing materials state a founding date of 2009. This discrepancy raises questions about the accuracy of its claims.
The broker is not regulated by any known financial authority. This absence of regulatory oversight means that traders do not benefit from protections such as negative balance protection, compensation schemes, or independent dispute resolution. As of now, there are no independent user reviews or third-party audits available to verify the broker's operations.
Trading Instruments
Relix Finc claims to offer over 300 tradable instruments, including forex pairs, indices, commodities, and cryptocurrencies. It advertises leverage of up to 500:1 and variable spreads starting from 0.0 pips. These figures are common among high-risk brokers targeting speculative traders.
However, without independent verification, the actual trading conditions cannot be confirmed. The broker does not disclose specific details about spreads, commissions, or swap rates for different account types.
Trading Platforms
The broker supports MetaTrader 4 and MetaTrader 5, two widely used platforms in the retail forex industry. It also offers a WebTrader platform for browser-based trading. These platforms provide standard charting tools, technical indicators, and automated trading capabilities.
No information is available about proprietary mobile apps or additional platform features. The broker's website does not detail execution methods (market maker, STP, or ECN) or order types supported.
Account Types and Funding
Relix Finc advertises three live account types, but specific minimum deposit requirements, leverage limits per account, or spread tiers are not publicly listed. The broker does not provide clear information about withdrawal methods, processing times, or fees.
There is no mention of demo accounts, Islamic accounts, or corporate accounts. The broker claims 24/5 customer support, but contact methods are limited to an email address and a contact form on the website.
Risk Assessment
The most significant risk factor is the complete lack of regulation. Relix Finc is not authorized by any major financial regulator such as the FCA, CySEC, or ASIC. This means there is no external oversight of client fund segregation, financial reporting, or fair trading practices.
Additionally, the discrepancy between the claimed founding year (2009) and actual registration date (2022) suggests either inaccurate marketing or a rebranding of a previous entity. Without independent reviews or established reputation, traders should exercise extreme caution.
Overview compiled by FXCanary from regulatory records and public data. full Relix Finc review