Global Broker Regulation Inquiry App

WikiFX

No Regulation

FreeForex

2-5 years

Suspicious Regulatory License MT4 Full License Regional Brokers High potential risk

Score

0 1 2 3 4 5 6 7 8 9

/10

MT4/5 Identification

Full License

Open Account Website

Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!

Previous Detection 2025-12-13

Risk Manage 1

Basic Information

Registered Region

Anguilla

Operating Period

2-5 years

Company Name

FreeFX LLC

Customer Service Email Address

sales@freefx.com

Contact Number

+523385261081

Company Website

https://www.freefx.com/

Account

Related Software

Biz Area

Website

Company Summary

Wiki Q&A

Comment

Account

Environment

--
Currency

--
Maximum Leverage

1:1000
SupportedEA
Minimum Deposit

None
Minimum Spread

From 0
Depositing Method

(10+) VISA PerfectMoney WebMoney MASTER
Withdrawal Method

(9+) VISA Neteller Skrill BTC
Minimum Position

0.01
Commission

$30 per million
Products

CURRENCY PAIRS,SPOT METALS,Oil

Products

CURRENCY PAIRS,SPOT METALS,Oil

Updated： 2025-12-13

MT4/5

Full License MT4

MT4 Servers

MT5 Servers

156.50

Average execution speed/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 4

Perfect

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Details

Official website

Website

freefx.com

Server IP

103.254.153.201

Server Location

Singapore
ICP registration

--
Most visited countries/areas

--
Domain Effective Date

2007-06-13
Website

WHOIS.ENOM.COM
Company

ENOM, INC.

Company Summary

Free Forex Review Summary
Founded	2007
Registered Country/Region	Anguilla
Regulation	No Regulation
Market Instruments	Forex
Demo Account	✅
Leverage	Up to 1:1000
EUR/USD Spread	From 1.2 pips
Trading Platforms	Web, mobile app
Minimum Deposit	$0
Customer Support	Live chat (24/5 support)
	Phone: +52 3385261081, +381 14500319
	Email: sales@freefx.com, support@freefx.com, helpdesk@freefx.com
	Twitter, Facebook
	Address: No. 9 Cassius Webster Building, Grace, Complex, PO Box 1330, The Valley, AI-2640 Anguilla
	Kosmajska 6, Valjevo, 14000 Serbia

Founded in 2007 and registered in Anguilla, Free Forex is an unregulated comany offering forex trading. It claims to offer a $0 minimum deposit and high leverage of up to 1:1000. Trading is available via web and a mobile app, but popular platforms like MT4 and MT5 are unsupported.

Pros and Cons

Pros	Cons
Demo accountS available	No regulation
Multiple customer support channels	Limited info on accounts
No minimum deposit	Limited info on trading fees
	Lack of info on trading platforms
	High leverage risks

Is Free Forex Legit?

Free Forex currently lacks valid regulations. Its domain was registered on June 12, 2007, and the current status is “client Transfer Prohibited”. Please be aware of the risks!

What Can I Trade on Free Forex?

It seems that Free Forex only offers forex trading. But we cannot verify this due to limited information.

Account Type

Free Forex claims to offer professional ECN with no minimum deposit. However, we cannot find detailed account info.

Leverage

Free Forex claims to offer a very high maximum leverage of up to 1:1000. It's really risky especially since this firm is unregulated.

Spreads and Commissions

The spread for EUR/USD starts from 1.2 pips. There is no detailed info about commission.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Proprietary platform	✔	iPhone, Android, Windows	/
MT4	❌	/	Beginners
MT5	❌	/	Experienced traders

Deposit and Withdrawal

Free Forex supports payment methods through VISA and MasterCard. Other detailed info like deposit/withdrawal fees and processing time are unknown.

Keywords

2-5 years
Suspicious Regulatory License
MT4 Full License
Regional Brokers
High potential risk

Wiki Q&A

Tomas

1-2 years

What withdrawal methods does Free Forex support?

WikiFX Reply

All I found was that they support VISA and MasterCard. No mention of bank transfers, crypto, or e-wallets—which makes me feel like their options are pretty limited.

What platform does Free Forex support?

WikiFX Reply

They’ve built their own proprietary platform, which works on web, Android, iOS, and Windows. It's simple, but for me, it lacks the tools and flexibility that MT4 or MT5 usually offer.

What’s the spread like on Free Forex?

WikiFX Reply

They claim EUR/USD spreads start from 1.2 pips, which isn’t bad. But again, it’s the only pair they talk about—so I’m left guessing about the rest.

Is Free Forex safe and legit?

WikiFX Reply

Honestly, I wouldn't say it's fully safe or legit. Sure, they’ve been operating for years, but without regulation, I feel exposed. If something goes wrong, I don’t have any investor protection to rely on.

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