Brokers  /  TradeFXM

TradeFXM

Severe riskForex / CFD broker
🇬🇧 United Kingdom · 2-5 years · since 2023-09-06 · Tradefxm Limited
Unregulated
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75
Severe 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 complaints1212%
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 nameTradefxm Limited
Headquarters🇬🇧 United Kingdom
Founded2023-09-06
Years operating2-5 years
Employees0
Official websitetforexm.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--
Registered address
21, Wenlock road, London N1 7SL, UK

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 4

AccountMax leverageMin. depositMin. spreadCommissionEA
Micro1:500$200from 110%
Classic1:500$2500from 0.510%
Premium1:100$10000from 0.210%
Professional1:100$25000from 0.210%

Review analysis AI

TradeFXM is an unregulated retail broker with a high-risk profile, evidenced by its FXCanary Scam Risk Score of 75/100. The lack of regulatory licenses means no client fund protection or independent oversight, and the broker's short operating history since September 2023 adds further uncertainty. While the tiered account structure and mobile platform may seem promising, the absence of regulation and reliance on a proprietary platform without independent reviews warrant extreme caution for potential traders.

Best for
  • Traders seeking high leverage up to 1:500
  • Mobile traders preferring a proprietary platform
  • Small-capital traders with $200 minimum deposit
Not for
  • Traders requiring regulated broker protection
  • Those who prefer MetaTrader or cTrader platforms
  • Risk-averse investors or beginners without experience in leveraged products
Period:
What users complain about
What users praise
Where reviewers are from
Malaysia1
Sri Lanka1

Real user reviews

Where TradeFXM operates

Based on its licenses and complaint records.

🇲🇾 Malaysia 1 complaint

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

What TradeFXM says about itself as stated by the broker · not independently verified by FXCanary

Trading Platforms and Instruments

According to its website, TradeFXM provides the Vertex trading platform for mobile, enabling clients to open, manage and close positions on the go. The platform is available for Android, iOS, and Windows. The broker states that it offers trading in forex, indices, metals, and cryptocurrencies as financial instruments.

Account Types and Leverage

The site lists four account tiers: Micro, Classic, Premium, and Professional (also referred to as VIP on some pages). The broker claims that the Micro account requires a minimum deposit of $200 and offers maximum leverage of 1:500. The Classic account starts at $2,500 with 1:500 leverage. The Premium account requires $10,000 with 1:100 leverage, and the Professional account has a $25,000 minimum deposit and 1:100 leverage. TradeFXM emphasizes 'access the unlimited leverage' on its homepage, though the account tables show defined caps.

Execution and Spreads

TradeFXM promotes 'super speeds' and 'tightest spreads' on its website, claiming to offer 'conditions made for market pros'. It also references TradingView for market tracking, implying integration with that charting platform.

Company and Legal Information

The website states that it is owned by Tradefxm Limited and that the company's objects are not forbidden by International Business Companies (Amendment and Consolidation), citing a Dubai address in addition to its London registration. The site includes a general risk warning about leveraged products and notes that the company is focused on customer support and transparent services.

Promotions

A dedicated promotions page exists but does not detail specific offers. Instead, it repeats the product list and contact info. The broker may run campaigns that are not described in detail on the public site.

About TradeFXM

Overview

TradeFXM is a retail forex and CFD broker registered in the United Kingdom, operating under the corporate name Tradefxm Limited. The company was founded on 6 September 2023 and lists its registered office at 21 Wenlock Road, London N1 7SL. The broker's website, tforexm.com, also references a Dubai address in Business Bay, suggesting a multi-jurisdictional presence, though its primary registration is in the UK.

The broker positions itself as a provider of leveraged trading products, including forex, indices, metals, and cryptocurrencies. It offers a proprietary mobile platform called Vertex alongside integration with TradingView for charting. TradeFXM targets both retail and professional traders with a tiered account structure designed to accommodate different capital levels and risk appetites.

Regulation and Safety

As of the time of this review, TradeFXM does not hold any regulatory licences from known financial authorities. The company is registered as a private limited company in the United Kingdom (Companies House), but company registration alone does not confer regulatory oversight for financial services. The absence of regulation by the FCA, CySEC, or any other major watchdog means that client funds are not protected by compensation schemes or strict conduct-of-business rules.

Traders should be aware that unregulated brokers carry significant risk, including potential difficulties with dispute resolution and fund recovery. TradeFXM does include a general risk warning on its website, but this does not substitute for regulatory protection. The broker's claims of 'unlimited leverage' and 'super speeds' should be weighed against the lack of independent oversight.

Account Types

TradeFXM offers four live account tiers: Micro, Classic, Premium, and Professional. The Micro account requires a minimum deposit of $200 and provides maximum leverage of 1:500, appealing to beginners or small-capital traders. The Classic account requires $2,500 and also offers 1:500 leverage, suitable for traders with moderate capital.

The Premium account has a $10,000 minimum deposit and lower leverage at 1:100, suggesting a shift towards more conservative risk management or larger position sizes. The Professional account requires $25,000 and also offers 1:100 leverage. This tier likely includes additional features such as dedicated support or tighter spreads, though specific benefits are not detailed. A 'VIP' account is mentioned in the site footer but not elaborated upon. All accounts appear to offer the same instrument list and platform access.

Platforms and Tools

TradeFXM's proprietary Vertex platform is highlighted as its primary trading interface. The platform is available as a mobile app for Android and iOS, as well as a desktop version for Windows. Vertex enables order management, live pricing, and account monitoring on the go. The broker also references TradingView, indicating that clients can use TradingView charts for analysis, though it is unclear if TradingView is directly integrated for trade execution.

The broker does not mention MetaTrader 4 or 5, which are industry standards. Instead, it relies on its own platform, which may have limited third-party reviews and custom indicator support. The website emphasizes execution speed and tight spreads, but no specific latency or spread figures are provided.

Instruments and Markets

According to the website, TradeFXM offers trading in four asset classes: forex, indices, metals, and cryptocurrencies. No specific currency pairs, index symbols, or crypto tokens are listed. The broker likely provides standard forex majors and minors, major stock indices, gold and silver, and popular cryptocurrencies like Bitcoin and Ethereum (logos appear on the site). The exact number of instruments is not disclosed.

Given the leverage available (up to 1:500), forex and crypto trading carry significant risk. Metals are typically traded as CFDs, and indices contracts may be based on futures or spot prices. Traders should verify the contract specifications and margin requirements before depositing funds.

Customer Support and Contact

TradeFXM can be reached via email at supports@tforexm.com and by phone at +44 20 4577 3834 (UK number). The company has physical addresses in London and Dubai. The website includes a contact form and FAQs. Support is likely available during business hours, but no 24/7 guarantee is stated.

The broker does not list any social media accounts or live chat on its website. Response times and quality are not independently verified. Given the lack of regulation, responsive customer support becomes critical for resolving potential issues.

Suitability

TradeFXM targets traders who are comfortable with high leverage and proprietary platforms. The Micro account is accessible to beginners with small capital, while the higher-tier accounts suit more experienced traders. However, the absence of regulatory oversight makes this broker unsuitable for risk-averse traders or those who require FCA or equivalent protection.

The broker's claims of 'unlimited leverage' and 'super speeds' may appeal to speculative traders, but such features also amplify risk. Traders should conduct thorough due diligence and consider starting with a very small deposit to test execution and withdrawal processes.

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