CentFX: ASIC licence 516246

CentFX publishes a restricted regions statement naming the United States, the United Arab Emirates, India, China, Cuba, Iraq, Myanmar, North Korea and Sudan. The United States block is stated three separate times across the site and is confirmed, as are China, Cuba and North Korea. Five of the nine, the United Arab Emirates, India, Iraq, Myanmar and Sudan, are nevertheless still selectable in the broker's own registration form, so an applicant from one of those should expect the restriction to be applied at verification. Belarus, Russia and Venezuela are absent from the registration form although the broker names them nowhere.

Yes. The Swap Free account requires a 10,000 USD minimum deposit, carries leverage to 1:500 and is advertised as commission free. It shares the highest minimum of the five tiers with the Arbitrage account, so the swap free option is not the cheapest way into the broker.

Yes, on every method. The published schedule is 1.5% on PerfectMoney, 2.5% on bank transfers and most wallets, 4% on cards and Samsung Pay, 5% on the Uzbek domestic cards, and up to 5% on Sticpay. Several of those figures exceed the up to 2.5% that the broker's own funding summary quotes, so confirm the charge for your method before depositing.

One to two hours on the Uzbek domestic cards, up to one day on cards and Samsung Pay, and up to three days on bank transfers and most wallets. Sticpay is quoted at within 15 minutes. These are the broker's own published processing times rather than measured outcomes.

Through local payment rails rather than international ones. Bank transfers cover Malaysian, Indonesian and Thai banks, cards cover Visa, Mastercard and UnionPay, and the wallet and QR options include Touch n Go, DuitNow, ShopeePay, Link Aja, QRIS, PromptPay, VietQR, PerfectMoney, Sticpay and Samsung Pay, with UZcard and Humocard for Uzbekistan. Deposits are instant or arrive within 15 minutes and carry no charge on any channel except Sticpay, which charges 1%. Supported currencies include USD, MYR, IDR, THB, VND and UZS.

MetaTrader 5 only. CentFX distributes a Windows terminal, the MT5 MultiTerminal, a macOS build and mobile builds for Android and iOS, and there is no MetaTrader 4 offering. The broker also publishes its own CentFX app for Android and iOS, which handles account management, deposits, withdrawals and transaction history rather than trading.

Spreads are variable. The Standard account is commission free with spreads from 2.0 pips, and the ECN account, which charges commission, has spreads from 0.0 pips, the figure the homepage banner advertises. Commission is charged on the CFT, ECN and Arbitrage accounts, but no per lot rate is published for any of them, and the Swap Free account is also advertised as commission free.

Up to 1:1000, available on the Standard account. The ECN and Swap Free accounts cap at 1:500, and the CFT and Arbitrage accounts at 1:100. Leverage at 1:1000 sits far above the limits onshore regulators set for retail clients, and it increases losses at the same rate as gains.

500 USD on the entry level Standard and CFT accounts. The ECN account requires 3,000 USD, and the Arbitrage and Swap Free accounts both require 10,000 USD. The published tier list has nothing below the 500 USD level.

There is no published WIKILIX finding that CentFX is a scam. What the record does establish is that CentFX Limited is a real company registered in Anguilla, that it runs its own client portal, mobile apps and payment rails, and that it holds no financial licence itself: the confirmed ASIC and Mauritius licences belong to other group companies, and the ASIC one covers wholesale clients only. Anyone funding an account is relying on the company itself rather than on a supervisor, and that is the central risk to weigh.

CentFX is operated by CentFX Limited, a company registered in Anguilla under number A000000971 with a registered office at No. 9 Cassius Webster Building, Grace Complex, The Valley. Three other companies appear on the record: CENTFX GLOBAL PTY LTD in Australia under ACN 631 408 609, Cent Markets Ltd in Mauritius, and CENT FX FINANCING BROKER L.L.C in the United Arab Emirates under number 1248955. None of these registrations has yet been checked against the relevant corporate registry.

Not the company you would deal with. CentFX Limited in Anguilla, which runs the client accounts and takes deposits, holds no financial licence. Two other group companies hold licences confirmed on the issuing authorities' registers: Australian Financial Services Licence 516246, held by CENTFX GLOBAL PTY LTD and limited by its conditions to wholesale clients, and Mauritius FSC Investment Dealer licence GB23201644, held by Cent Markets Limited. Neither licence covers a retail client of centfx.com. CentFX's regulatory standing is recorded as offshore.