Wikilix
DecodeFX logo

DecodeFX

No Regulation
Vanuatu
Since 2004
Last Updated:

Trading Conditions

Min Deposit:
USD1
Max Leverage:
2000
Account Types
  • STD
  • PRO
  • CENT

Official website

Homepage of decodefx.com as we captured it

decodefx.com

Online · checked Oct 18, 2026

8 pages archived · Oct 18, 2026

Also on our record

3 more addresses
  • secure.decodefx.comClient portal

Funding Methods

8 methods

Wire Transfer

wire transfer
Up to 7 days
Fee:Free
Fee:Free

USDT (Tether)

crypto
Instant
Fee:Free
Fee:$10

WeChat Pay

e wallet
Up to 24 hours
Fee:Free
Fee:1.5%

FasaPay

e wallet
Up to 24 hours
Fee:Free
Fee:Free

Paytrust

other
Up to 24 hours
Fee:Free
Fee:1.5%

Dragonpay

other
Up to 24 hours
Fee:Free
Fee:2%

Paypaid

other
Up to 24 hours
Fee:Free
Fee:1.5%

UnionPay

other
Up to 24 hours
Fee:Free
Fee:1.5%

Trust rating

Do not trust

20 out of 100 · 93% checked

It copies another firm's identity, and our investigation found it is likely a scam.

Capped at 20 · Clone firm or regulator warning

Regulation—Not shown

We checked DecodeFX on 2026-10-25 across its company record, client terms, trading offer and service, and could verify 93% of its record. The score was held at 20 because it copies another firm's identity. What would move the score: all-in eurusd cost, wikilix community. Our published investigation found it is likely a scam, with 9 years of track record. Its client terms carry high risk, with 7 critical clauses. Every number here comes from evidence we recorded, with the page it was read from and the date.

Score last calculated 2026/10/25

No regulation
Your deposit is not protected by any financial authority.
What this means

Company Information

Full Name:Decode Global Limited
Founded:2004
Headquarters:Vanuatu
Enterprise Offices:2offices

Customer Support

Phone:
+67823043
Live Chat:
24/7
Response Time:
—
Languages:
English
Scroll Down

Is DecodeFX a scam?

Wikilix independent safety report

Read the full report
78%Scam risk
Likely scamConfidence: MEDIUM
2.0/5Safety rating 2 out of 5

We assess the risk of fraud at DecodeFX as high. The brand is real and holds one genuine offshore licence, but three separate financial regulators have published warnings naming it, and clients descr…

Risk scorecard · each area scored 0 (clean) to 10 (worst)

Regulation7/10 · HighIdentity & transparency6/10 · HighWithdrawals & conduct7/10 · HighReputation7/10 · HighWebsite claims8/10 · CriticalOperational history6/10 · High

What DecodeFX legally published, but does not want you to read

Wikilix contract reading ·

High contract risk

DecodeFX promises negative balance protection on one page and refuses it on another. The contract lets it void every trade you made on nineteen grounds, including using a VPN. Five grounds let it hold your withdrawal, with no deadline to pay. Withdrawal fees reach 2%, published inside one collapsed question.

7Critical clauses
19Clauses flagged
5Documents read
8.1/10Contract risk
Read the full terms report15 more clauses, each with its wording, clause number and source
Editorial review
Updated

Broker Summary

What Wikilix has recorded about DecodeFX: its history, the licences it holds, its trading conditions and its fees.

DecodeFX Broker Overview

DecodeFX is the retail trading brand of Decode Global Limited, the company that contracts with clients and holds their deposits. The broker's Terms and Conditions name that entity as Decode Global Limited, company number CN:700415 in Vanuatu. DecodeFX offers leveraged forex and CFD trading on MetaTrader 4, MetaTrader 5 and its own DecodeFX mobile app, with minimum deposits of 100 USD on the STD and PRO accounts and 1 USD on the CENT account, and leverage reaching 1:2000 on major currency pairs and precious metals.

One headline figure does not survive a check against the broker's own pages. The site advertises more than 1,000 global market products, while the counts printed on its individual market pages add up to about 126: 43 forex pairs, 13 cryptocurrencies and roughly 70 further contracts across precious metals, energies, indices and shares.

DecodeFX Regulation and License

Decode Global Limited holds a Principal's Licence as a Dealer in Securities from the Vanuatu Financial Services Commission, licence number 700415, effective 25 April 2023 and recorded as active. The commission's own licensee list showed it on 18 October 2026. That entry gives classes A, B and C, while the broker's site footer describes the licence as Class A and Class B. Vanuatu is a low tier offshore jurisdiction: the licence authorises dealing and the licensee is supervised, but there is no investor compensation scheme and no statutory payout if the firm fails.

Two further credentials appear around the brand and neither of them covers a DecodeFX client. Australian Financial Services Licence 246796, effective 1 March 2004, was confirmed as current on the Australian Securities and Investments Commission register on 18 October 2026, but it is held by Decode Capital Pty Ltd, ACN 066 066 911, a separate Australian company in the same group rather than the Vanuatu entity, and DecodeFX does not open accounts for Australian residents. South African financial services provider number 55001, which appears on the broker's own site with no holder named beside it, is registered to Bifu Markets (Pty) Ltd, a company separate from both Decode Global Limited and Decode Capital Pty Ltd, so it gives a DecodeFX client no South African oversight.

Is DecodeFX Regulated?

Only in Vanuatu, and only for dealing. Decode Global Limited, the entity that takes client money, is licensed there and nowhere else, so nothing in the broker's credential set gives a DecodeFX client access to an onshore regulator or an onshore complaints body. The Australian and South African numbers visible around the brand belong to other companies and should be set aside when judging what stands behind a DecodeFX account.

Decode Global Limited

Decode Global Limited is the contracting party named throughout the broker's legal documents, and the Vanuatu company number it publishes for itself is 700415. That registration was confirmed on the Vanuatu Financial Services Commission's records on 18 October 2026, against a registered address at the Govant Building, Kumul Highway, Port Vila. Company registration shows that the company exists and is a separate question from financial regulation, although in Vanuatu the same commission answers both.

The group also includes Decode Capital Pty Ltd in Australia, which holds the group's Australian licence. The distinction has a practical consequence: a client of the Australian company would have access to the Australian Financial Complaints Authority, while a DecodeFX client contracts with the Vanuatu company and does not.

Is DecodeFX Safe?

That depends on what a client is relying on. The entity holding the money is licensed and supervised in its own jurisdiction, which puts DecodeFX ahead of an anonymous offshore operation, but the protections behind an offshore dealer licence are thin and the broker's own contract is markedly favourable to the broker. Its Terms and Conditions state that it has no express or implied duty of good faith and is not obliged to act in a client's best interests, and that its findings on a disputed matter cannot be subject to merits review in any forum.

Negative balance protection is the clearest example of the distance between the marketing and the contract. The accounts page answers that it is provided and that an account cannot fall below zero; the site FAQ answers that it is not automatically provided on MetaTrader 4 accounts and is considered case by case; and the Product Disclosure Statement states that a client may lose substantially more than the initial investment and could owe the company a debt. The contract is the binding document of the three.

DecodeFX Account Types

Three live accounts are published and all three carry the same 1:2000 headline leverage, so the real difference between them is pricing. STD requires 100 USD, quotes spreads from 0.9 pips and charges no commission. PRO also requires 100 USD, quotes from 0.0 pips and charges 7 USD per standard lot. CENT requires 1 USD, quotes from 1.7 pips and charges no commission, and the broker presents it for strategy testing and small volume trading.

The same accounts page is inconsistent: its marketing panels advertise a 100 USD minimum deposit, while the CENT card beside them states 1 USD. The per tier figures above are the specific ones and the broker's own FAQ confirms them. No swap free or Islamic account is offered, and overnight financing may apply on positions held past the daily cut-off.

DecodeFX Spreads, Commissions and Fees

Spreads are variable rather than fixed, and only the PRO account carries a per lot commission, at 7 USD per standard lot. The broker's Product Disclosure Statement states that the spreads it quotes are generally wider than those available in the underlying market and that the additional spread is its own mark-up, and that it may in its absolute discretion quote different prices to different clients.

The withdrawal fee schedule is published only inside a collapsed answer on the broker's FAQ page rather than on the funding page a client would go to, and the terms charge interest at 10 per cent a year, compounded daily, on any amount a client fails to pay when due.

DecodeFX Leverage

Leverage runs up to 1:2000 on major currency pairs and precious metals, and the cap falls steeply across the rest of the range on the broker's own specification tables: about 1:200 on Singapore dollar crosses and energies, 1:100 on USD/CNH, indices and cryptocurrencies, and 1:20 on Norwegian krone, Swedish krona and Mexican peso pairs. The top of that range is far above what any onshore regulator permits retail clients.

DecodeFX Trading Platforms

Three platforms are offered: MetaTrader 4, MetaTrader 5 and the broker's own DecodeFX app. Both MetaTrader versions come as broker branded installations for Windows, with the standard MetaTrader mobile apps for iOS and Android; the DecodeFX app is mobile only, with in-app account opening, funding and charting. There is no browser based terminal on the public site and the broker's own platform FAQ states that MetaTrader requires a desktop or mobile installation, although a web trading view does exist inside the client portal.

Three practical points. The Android button on the DecodeFX app page serves an installer file directly from the broker's asset host instead of linking to Google Play, so an Android client is asked to install from outside the store. The Mac download buttons on both MetaTrader pages link to the iOS App Store listing rather than to a macOS build. And all three account cards list an API alongside the platforms, but the broker publishes no API documentation, endpoint or connection guide.

DecodeFX Deposits and Withdrawals

Funding runs through the client portal and the available channels depend on the client's region. A USD wire transfer and USDT are offered everywhere the broker operates, with UnionPay and WeChat Pay listed for China, FasaPay and Paytrust for Indonesia, Paytrust for Malaysia and Vietnam, Dragonpay for the Philippines and Paypaid for Thailand. Deposits carry no broker fee. On withdrawal, wire transfer and FasaPay are free, UnionPay, WeChat Pay, Paytrust and Paypaid take 1.5 per cent, Dragonpay takes 2 per cent, crypto carries a flat 10 USDT gas fee, and a further 1 per cent handling fee applies to a wire withdrawal in a currency other than the account currency.

Wire transfers take three to seven working days in both directions, crypto is credited instantly after approval, and the third party gateways are instant on deposit and completed within 24 hours of approval on withdrawal. A 100 USD minimum applies to USDT in both directions and account verification is required before a withdrawal is released. Two further points deserve attention before funding an account. The payment logos displayed on the funding page include Visa, Mastercard, Alipay, GCash, Maya, QRIS, QR Ph and Bitcoin, none of which appear in the broker's own list of available methods. And the Terms and Conditions allow the broker to withhold a credit balance on five stated grounds, one of them an unresolved dispute, without stating any deadline for releasing it.

DecodeFX Support

The site publishes two support channels, email at support@decodefx.com and a live chat window, and no telephone number appears anywhere on it. The broker's FAQ states that the support team is available 24 hours a day, seven days a week, while its accounts page advertises 24/5 support described as cover whenever the markets are open, so the two pages do not agree. There is also a and a written enquiry form. Published support material is in English.

DecodeFX Pros and Cons

  • The company that actually contracts with clients holds the licence, and it was confirmed as active on the regulator's own licensee list on 18 October 2026.
  • An unusually low entry point at 1 USD on the CENT tier, with a commission free and a raw spread option across three clearly priced accounts.
  • Deposits are free on every channel, regional payment gateways are settled within a day, and crypto is credited instantly.
  • MetaTrader 4 and MetaTrader 5 are both offered alongside a proprietary mobile app.
  • The only licence covering DecodeFX clients is a Vanuatu one with no compensation scheme, and the Australian and South African credentials belong to other companies.
  • Leverage at the top of the range is extreme, and the headline 1:2000 applies only to majors and metals.
  • The site advertises more than 1,000 products while its own market pages list about 126.
  • Withdrawal fees reach 2 per cent and are disclosed only inside a collapsed FAQ answer.
  • The broker states three different positions on negative balance protection across its own documents, and its contract disclaims any duty of good faith and allows a credit balance to be withheld with no stated deadline.

DecodeFX Review and Assessment

DecodeFX is a low-cost, high-leverage offshore broker with a conventional platform line-up and an unusually low entry point. The single most important thing to establish before funding an account is that the only licence standing behind a DecodeFX client is the Vanuatu dealer licence, which carries no compensation scheme, while the Australian and South African credentials visible around the brand are held by other companies. Anyone considering an account should read the Terms and Conditions and the Product Disclosure Statement directly, because the broker's contractual position on negative balance protection, dispute resolution and withholding a credit balance is materially less generous than its marketing pages suggest.

Website archive
Captured

Website snapshots

8 full-page captures of DecodeFX's own site, archived so what they said can still be read after the pages change.

8 pages
Homepage
Licenses & Regulation
About Us
Trading Accounts
Forex Trading Conditions
Deposits & Withdrawals
Contact Us
Platforms Overview
Captured by Wikilix from the broker's live site. Open any shot to read it full size.
Regulation check

Regulatory Licenses

We have not confirmed any regulation for DecodeFX. Money deposited with an unregulated broker is protected only by the company itself.

No regulation

Trading with an unregulated broker puts your deposit at risk.

No regulation

We have not confirmed any regulation for DecodeFX. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.

What this means for you

  • No compensation scheme covers your funds.
  • No regulator to escalate a complaint to.
  • No audit of how client money is held.
View other brokers
Trading accounts
Updated

Account Types

3 account types on record. Minimum deposit from USD 1. Leverage up to 1:2000.

3 account types
AccountMin DepositMax LeverageCommission
STDStandardUSD 1001:2000$0 per standard lot
PROPro · VIPUSD 1001:2000$7 per standard lot
CENTCentUSD 11:2000$0 per standard lot
Account names and conditions as published by DecodeFX, recorded by Wikilix.
Client acceptance

Country availability

Where DecodeFX says it will and won't take clients

219 countries

Confirmed blocked

Named in the broker's own terms

USUnited StatesAUAustraliaCACanadaKPNorth KoreaNZNew Zealand

Likely blocked

Reported, not verified against a primary source

IRIranCUCubaSYSyriaVEVenezuelaBSBahamasBBBarbadosAGAntigua and BarbudaCICôte d’IvoireTLTimor-Leste

Covered by a parent block

Territories a blocked country carries with it

GUGuamVIVirgin Islands (U.S.)ASAmerican SamoaMPNorthern Mariana IslandsCXChristmas IslandCCCocos (Keeling) IslandsCKCook Islands

Explicitly accepted

Named as accepted — not a full list of served markets

AFAfghanistanALAlbaniaDZAlgeriaADAndorraAOAngolaARArgentinaAMArmeniaATAustriaAZAzerbaijanBHBahrainBDBangladeshBYBelarus
Show 186 more
BEBelgiumBZBelizeBJBeninBTBhutanBOBoliviaBABosnia and HerzegovinaBWBotswanaBRBrazilBNBrunei DarussalamBGBulgariaBFBurkina FasoBIBurundiKHCambodiaCMCameroonCVCabo VerdeCFCentral African RepublicTDChadCLChileCNChinaCOColombiaKMComorosCGCongoCDCongo (Democratic Republic)CRCosta RicaHRCroatiaCYCyprusCZCzechiaDKDenmarkDJDjiboutiDMDominicaDODominican RepublicECEcuadorEGEgyptSVEl SalvadorGQEquatorial GuineaEREritreaEEEstoniaSZEswatiniETEthiopiaFJFijiFIFinlandFRFranceGFFrench GuianaPFFrench PolynesiaGAGabonGMGambiaGEGeorgiaDEGermanyGHGhanaGIGibraltarGRGreeceGLGreenlandGDGrenadaGTGuatemalaGGGuernseyGNGuineaGWGuinea-BissauGYGuyanaHTHaitiHNHondurasHKHong KongHUHungaryISIcelandINIndiaIDIndonesiaIQIraqIEIrelandILIsraelITItalyJMJamaicaJPJapanJOJordanKZKazakhstanKEKenyaKIKiribatiXKKosovoKWKuwaitKGKyrgyzstanLALaosLVLatviaLBLebanonLSLesothoLRLiberiaLYLibyaLILiechtensteinLTLithuaniaLULuxembourgMOMacaoMKNorth MacedoniaMGMadagascarMWMalawiMYMalaysiaMVMaldivesMLMaliMTMaltaMHMarshall IslandsMRMauritaniaMUMauritiusMXMexicoFMMicronesiaMDMoldovaMCMonacoMNMongoliaMEMontenegroMAMoroccoMZMozambiqueMMMyanmarNANamibiaNRNauruNPNepalNLNetherlandsNCNew CaledoniaNINicaraguaNENigerNGNigeriaNUNiueNFNorfolk IslandNONorwayOMOmanPKPakistanPWPalauPSPalestinePAPanamaPGPapua New GuineaPYParaguayPEPeruPHPhilippinesPLPolandPTPortugalPRPuerto RicoQAQatarRERéunionRORomaniaRURussiaRWRwandaKNSaint Kitts and NevisLCSaint LuciaVCSaint Vincent and the GrenadinesWSSamoaSMSan MarinoSTSao Tome and PrincipeSASaudi ArabiaSNSenegalRSSerbiaSCSeychellesSLSierra LeoneSGSingaporeSKSlovakiaSISloveniaSBSolomon IslandsSOSomaliaZASouth AfricaKRSouth KoreaSSSouth SudanESSpainLKSri LankaSDSudanSRSurinameSESwedenCHSwitzerlandTWTaiwanTJTajikistanTZTanzaniaTHThailandTGTogoTKTokelauTOTongaTTTrinidad and TobagoTNTunisiaTRTürkiyeTMTurkmenistanTVTuvaluUGUgandaUAUkraineAEUnited Arab EmiratesGBUnited KingdomUYUruguayUZUzbekistanVUVanuatuVAHoly SeeVNViet NamWFWallis and FutunaEHWestern SaharaYEYemenZMZambiaZWZimbabwe
How we know — 11 sources
  1. 1The refused countries come from the broker's Regional Restrictions notice in the footer of every page: "DecodeFX is currently unable to open accounts for or provide services to residents of the United States, Australia, Canada or the Democratic People's Republic of Korea. This list may change at any time." The same notice is published in each of the site's other ten language versions, naming the same four jurisdictions (https://decodefx.com/, https://decodefx.com/faq/, https://decodefx.com/ar/).
  2. 2The broker refuses New Zealand, and two of its own sources say so. The site publishes a second, longer disclaimer in the page data of every page, translated into each language version, reading: "Please note that we are unable to open accounts for the following countries and jurisdictions at this time. The list is subject to change at any time: the United States of America, Australia, Canada, New Zealand and North Korea (Democratic People's Republic of Korea)." Separately, the client portal's own registration code removes the code NZ from the country list it offers. The two agree, so New Zealand is treated as named rather than inferred.
  3. 3The onboarding country selector is the basis of the accepted list. The client portal at secure.decodefx.com builds its country-of-residence selector from the broker's own endpoint https://api.decodefx.com/international/get_region_code_list, which returns 201 jurisdictions, then removes Australia, the United States, Canada and New Zealand before showing what its own code calls the supported countries. It also removes three entries that are not current countries: an 'Other' entry, the former Netherlands Antilles and an EU and euro-zone group. The remaining 198 countries form the accepted list. The onboarding form outweighs published text, and on the United States, Australia and Canada the two agree.
  4. 4Dependent territories: the broker's own onboarding country list offers Puerto Rico, Norfolk Island, Niue and Tokelau, so all four count as accepted. These territories fall under their parent country's refusal. Each is absent from the onboarding list, and no page names any of them: Guam, the US Virgin Islands, American Samoa and the Northern Mariana Islands under the United States; Christmas Island and the Cocos (Keeling) Islands under Australia; and the Cook Islands under New Zealand. The United States Minor Outlying Islands are also absent, but they have no resident population and are not listed.
  5. 5The likely but unconfirmed refusals rest on one sign only. The country appears in the portal's own full country file (https://secure.decodefx.com/assets/countries.json, 250 entries) but not in the onboarding list offered at registration, so a resident cannot select it. On that basis: Iran, Cuba, Syria, Venezuela, the Bahamas, Barbados, Antigua and Barbuda, Cote d'Ivoire and Timor-Leste. No page of the broker's site names any of them, which is why none is listed as a confirmed refusal. The other 40 absences are dependent territories whose parent country the broker does not block, and nothing was written for them.
  6. 6Iran: the broker's own pages never mention Iran, Iranian residents, Persian-language service or rial funding rails, and no Persian version of the site exists - the site's own language set is eleven versions (English, English-India, Chinese-Malaysia, Chinese-Taiwan, Thai, Vietnamese, Japanese, Spanish, Malay, Indonesian and Arabic) with no Persian among them. Iran's status rests only on its absence from the onboarding list.
  7. 7No dedicated restricted-countries page is published: the site's own sitemap lists 56 English pages with no legal, terms, documents or countries page among them. The help centre and FAQ - 52 answers across six categories (About DecodeFX, Trading Platform, Learn Hub, Funds, Accounts and Registration, Partnership) - state no eligibility, residency or restricted-jurisdiction rule.
  8. 8The client agreement and policies are published only as PDF documents: https://static.blocoss.com/decodefx/Terms-and-Conditions.pdf, https://static.blocoss.com/decodefx/Product-Disclosure-Statement.pdf, https://static.blocoss.com/decodefx/Decode-Global-AML-and-CTF-Policy.pdf and https://static.blocoss.com/decodefx/Decode-Global-Privacy-Policy.pdf from the Licenses and Regulation page, plus https://static.blocoss.com/decodefx/Term-and-Condition-CRM.pdf and https://static.blocoss.com/decodefx/Privacy-policy-CRM.pdf linked from the registration form. This review does not cover these six documents, and none of the lists above rests on them.
  9. 9The funding pages name regions but set no policy: the help-centre answer "What are your deposit and withdrawal method?" lists methods for China, Indonesia, Malaysia, Vietnam, the Philippines and Thailand and then "Other regions: USD Wire Transfer, USDT", so it is not a closed list of accepted countries and nothing was concluded from it. https://decodefx.com/funding/deposit-withdrawals/ publishes bank wire, crypto and third-party gateways with no country list at all.
  10. 10The footer also states the information "is not directed at residents of any jurisdiction where foreign exchange, CFDs or other derivatives trading is restricted or prohibited by local laws or regulations", and the portal's exclusion list includes a bucket coded EU_EZ and the retired code AN. Both are categories rather than named jurisdictions, and the broker defines neither anywhere on its pages, so no country was inferred from either.
  11. 11Australia is blocked for onboarding even though the group's Australian company is presented as licensed: the same footer states that entity holds Australian Financial Services Licence 246796 and that "Services provided by Decode Capital Pty Ltd are limited to the scope authorised under its licence." No judgement is made here about any licence.
Recorded by WIKILIX research, not published by the broker, and not a guarantee. A country listed nowhere above is not thereby accepted — check DecodeFX's own terms before you open an account.
Deposits & withdrawals

Funding Methods

8 ways to fund an account. 8 with no deposit fee. One credits instantly.

8 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Wire TransferWire Transfer
Published as USD Wire Transfer and available in every region the broker serves. Deposits and withdrawals both take 3 to 7 working days. The broker charges no wire withdrawal fee, but a 1 per cent handling fee applies to cross-currency withdrawals, and bank or intermediary charges may apply separately. Accepts multiple major currencies including USD, EUR and CNY; funds in a currency other than the account currency are converted at the applicable rate. Account verification required before withdrawals. Re-checked 2026-10-18: the deposit and withdrawal page shows 3-7 working days in both directions and the FAQ fee schedule still states 0 per cent. The site publishes no wire-specific minimum amount today; the stored USD 100 figures are carried forward from an earlier run, and the only minimums the site states now are the account minimums of USD 100 for STD and PRO and USD 1 for CENT. Terms and Conditions clause 17.7 requires payments into an account to come from the account holder and lets the broker refuse or return a third-party payment; clause 17.4 lets it withhold from a credit balance on five grounds, with no deadline stated for release.
FreeFreeUSD 100USD 100Not recordedUp to 7 days
USDT (Tether)Cryptocurrency
Available in every region the broker serves. A minimum of USD 100 applies to both USDT deposits and withdrawals. Deposits and withdrawals are credited instantly after approval; the withdrawal fee is stated as 10 USDT per transfer, charged as a gas fee. The crypto channel also lists other major digital assets including USDC, BTC and ETH. For USDT deposits, upload a receipt with transaction ID to the client portal. Withdrawal requires email confirmation. Account verification required before withdrawals. Re-checked 2026-10-18: the FAQ confirms the USD 100 minimum on both directions and the 10 USDT gas fee, and the deposit and withdrawal page confirms crypto is processed instantly after approval in both directions. Terms and Conditions clause 17.7 requires payments into an account to come from the account holder and lets the broker refuse or return a third-party payment; clause 17.4 lets it withhold from a credit balance on five grounds, with no deadline stated for release.
FreeUSD 10USD 100USD 100Not recordedInstant
WeChat PayE-Wallet
Listed for clients in China. No deposit fee; a 1.5 per cent withdrawal fee applies. Deposits are credited instantly and gateway withdrawals are typically completed within 24 hours of approval. Re-checked 2026-10-18 against the FAQ fee schedule and the FAQ regional method list, both of which still name this channel for China at 1.5 per cent. The processing time was corrected from instant to up to 24 hours, which is the longer of the two directions the broker states: deposits instant, withdrawals within 24 hours after approval. Terms and Conditions clause 17.7 requires payments into an account to come from the account holder and lets the broker refuse or return a third-party payment; clause 17.4 lets it withhold from a credit balance on five grounds, with no deadline stated for release.
Free1.5%Not recordedNot recordedNot recordedUp to 24 hours
FasaPayE-Wallet
Listed for clients in Indonesia. No deposit fee and no withdrawal fee. Deposits are credited instantly and gateway withdrawals are typically completed within 24 hours of approval. Re-checked 2026-10-18 against the FAQ fee schedule and the FAQ regional method list, both of which still name this channel for Indonesia at 0 per cent. The processing time was corrected from instant to up to 24 hours, which is the longer of the two directions the broker states: deposits instant, withdrawals within 24 hours after approval. Terms and Conditions clause 17.7 requires payments into an account to come from the account holder and lets the broker refuse or return a third-party payment; clause 17.4 lets it withhold from a credit balance on five grounds, with no deadline stated for release.
FreeFreeNot recordedNot recordedNot recordedUp to 24 hours
PaytrustOther
Listed for clients in Indonesia, Malaysia and Vietnam. No deposit fee; a 1.5 per cent withdrawal fee applies. Deposits are credited instantly and gateway withdrawals are typically completed within 24 hours of approval. Re-checked 2026-10-18 against the FAQ fee schedule and the FAQ regional method list, both of which still name this channel for Indonesia, Malaysia and Vietnam at 1.5 per cent. The broker spells it both Paytrust and PayTrust on its own pages; the stored spelling is kept. The processing time was corrected from instant to up to 24 hours, which is the longer of the two directions the broker states: deposits instant, withdrawals within 24 hours after approval. Terms and Conditions clause 17.7 requires payments into an account to come from the account holder and lets the broker refuse or return a third-party payment; clause 17.4 lets it withhold from a credit balance on five grounds, with no deadline stated for release.
Free1.5%Not recordedNot recordedNot recordedUp to 24 hours
DragonpayOther
Listed for clients in the Philippines. No deposit fee; a 2 per cent withdrawal fee applies, the highest of the published channels. Deposits are credited instantly and gateway withdrawals are typically completed within 24 hours of approval. Re-checked 2026-10-18 against the FAQ fee schedule and the FAQ regional method list, both of which still name this channel for the Philippines at 2 per cent. The processing time was corrected from instant to up to 24 hours, which is the longer of the two directions the broker states: deposits instant, withdrawals within 24 hours after approval. Terms and Conditions clause 17.7 requires payments into an account to come from the account holder and lets the broker refuse or return a third-party payment; clause 17.4 lets it withhold from a credit balance on five grounds, with no deadline stated for release.
Free2%Not recordedNot recordedNot recordedUp to 24 hours
PaypaidOther
Listed for clients in Thailand. No deposit fee; a 1.5 per cent withdrawal fee applies. Deposits are credited instantly and gateway withdrawals are typically completed within 24 hours of approval. Re-checked 2026-10-18 against the FAQ fee schedule and the FAQ regional method list, both of which still name this channel for Thailand at 1.5 per cent. The processing time was corrected from instant to up to 24 hours, which is the longer of the two directions the broker states: deposits instant, withdrawals within 24 hours after approval. Terms and Conditions clause 17.7 requires payments into an account to come from the account holder and lets the broker refuse or return a third-party payment; clause 17.4 lets it withhold from a credit balance on five grounds, with no deadline stated for release.
Free1.5%Not recordedNot recordedNot recordedUp to 24 hours
UnionPayOther
Offered as a third-party payment gateway channel, listed for clients in China. No deposit fee; a 1.5 per cent withdrawal fee applies. Deposits are credited instantly and gateway withdrawals are typically completed within 24 hours of approval. Processing times may vary depending on bank and network conditions. Account verification required before withdrawals. Re-checked 2026-10-18: the FAQ fee schedule and the FAQ regional method list both still name this channel for China at 1.5 per cent, and it also appears in the payment-logo strip on the deposit and withdrawal page. Note it is NOT in the seven methods the deposit and withdrawal page's own FAQ lists. The site publishes no UnionPay-specific minimum; the stored USD 100 figures are carried forward from an earlier run. The processing time was corrected from instant to up to 24 hours, the longer of the two directions the broker states. Terms and Conditions clause 17.7 requires payments into an account to come from the account holder and lets the broker refuse or return a third-party payment; clause 17.4 lets it withhold from a credit balance on five grounds, with no deadline stated for release.
Free1.5%USD 100USD 100Not recordedUp to 24 hours
Fees, limits and processing times as published by DecodeFX, recorded by Wikilix.
Trading software

Trading Platforms

3 trading platforms on record: MetaTrader 4, MetaTrader 5 and Proprietary platform.

3 platforms
  • MetaTrader 4 logo

    MetaTrader 4

    by MetaQuotes Software Corp.since 2005Developer site

    Offered with a broker-branded desktop terminal for Windows, plus Mac and the MetaTrader 4 mobile apps for iOS and Android. Supports Expert Advisors, trading signals and Autochartist pattern alerts.

    Runs on

    • Windows
    • Mac
    • Android
    • iOS
    Download
    Details
  • MetaTrader 5 logo

    MetaTrader 5

    by MetaQuotes Software Corpsince 2010Developer site

    Offered with a broker-branded desktop terminal for Windows, plus Mac and the MetaTrader 5 mobile apps for iOS and Android. Adds 21 timeframes, a built-in economic calendar and news feed, six order types and the MQL5 language.

    Runs on

    • Windows
    • Mac
    • Android
    • iOS
    Download
    Details
  • Proprietary platform

    Proprietary platform

    The broker's own mobile platform for iOS and Android, with in-app account opening, deposits and withdrawals, real-time prices and charting. The Android button serves an APK from the broker's asset host, not Google Play.

    Runs on

    • Android
    • iOS
    Download
    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Websites

Global Domains

5 domains on record. 3 active.

5 domains
  • decodefx.comMain siteActiveHTTPS
  • secure.decodefx.comClient portalActiveHTTPS
  • api.decodefx.comAPIActiveHTTPS
  • www.decodeex.comRegionalInactiveHTTPS
  • decode-group.comBackupInactiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Social channels

Social Presence

4 official channels on record.

4 channels
Channels as published by the broker, recorded by Wikilix.
Legal entities

Corporate Network

2 legal entities behind the DecodeFX brand.

2 entities
  • Decode Global LimitedActiveVanuatuRegistration 700415International company the broker names as an operating entity, incorporated in Vanuatu.
  • DECODE CAPITAL PTY LTDActiveAustraliaRegistration 066066911
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Company registry check
Checked

Company Registration

DecodeFX names Decode Global Limited as the operating company. We could not confirm that registration on the registry.

Not confirmed on registry
Registration number
700415
Jurisdiction
Vanuatu
From our latest investigation
Frequently Asked Questions

Frequently Asked Questions

Common questions about DecodeFX

Most Popular Questions

No. South African financial services provider number 55001 appears on the broker's own site with no holder named beside it, and that number is registered to Bifu Markets (Pty) Ltd.

Bifu Markets is a company separate from both Decode Global Limited, which holds DecodeFX client money, and Decode Capital Pty Ltd, which holds the Australian licence. As of 18 October 2026, the number gives a DecodeFX account no South African oversight.

No, not for its own clients. Australian Financial Services Licence 246796 is held by Decode Capital Pty Ltd, ACN 066 066 911, a separate Australian company in the same group, and it was confirmed as current on the Australian Securities and Investments Commission register on 18 October 2026.

DecodeFX clients contract with Decode Global Limited in Vanuatu, not with the Australian licensee, and the broker states that it cannot open accounts for residents of Australia. A DecodeFX client therefore has no access to Australian regulatory protection or to the Australian Financial Complaints Authority.

No. The broker publishes three live accounts, STD, PRO and CENT, and none of them is described as swap free or Islamic anywhere on its site.

Overnight financing applies instead: the broker states that a swap may be charged when a position is held past the daily cut-off.

Your options are narrow, and the contract is where to look rather than the marketing pages. The Terms and Conditions give you 24 hours to challenge a trade confirmation, after which what the broker has recorded is deemed accepted, and three business days for an account statement.

The same document states that the broker has no express or implied duty of good faith, that its findings on a dispute cannot be subject to merits review in any forum, and that arbitration is available only if the broker agrees to it. Vanuatu law and Vanuatu courts govern, for the broker's benefit only, and because the licence carries no compensation scheme there is no statutory fallback if money cannot be recovered.

It depends on the tier. The STD and CENT accounts are priced through the spread with no commission per standard lot, while the PRO account charges 7 USD per standard lot in return for spreads quoted from 0.0 pips.

Spreads are variable rather than fixed, so the cost of a trade moves with market conditions. One thing the pricing pages do not say: the broker's Product Disclosure Statement states that the spreads it quotes are generally wider than those available in the underlying market and that the difference is its own mark-up, and that it may quote different prices to different clients at its absolute discretion.

DecodeFX is the retail trading brand of Decode Global Limited, and that is the company a client contracts with and the company that holds client money. The broker's Terms and Conditions name it as Decode Global Limited and give its Vanuatu company number as CN:700415.

A second group company, Decode Capital Pty Ltd in Australia, holds the Australian licence that appears in the site footer. It is a separate legal entity and it is not the company a DecodeFX client deals with.

Yes. A demo account can be opened from the client portal and is recommended by the broker for traders new to its platforms.

It carries the same instruments as a live account without risking real funds.

The broker gives three different answers across its own documents, so treat it as not guaranteed. Its accounts page states that negative balance protection is provided and that an account cannot fall below zero. Its main FAQ states that protection is not automatically provided on MetaTrader 4 accounts and is considered case by case.

Its Product Disclosure Statement goes further the other way, stating that a client may lose substantially more than the initial investment and could owe the company a debt. The Product Disclosure Statement and the Terms and Conditions are the binding documents.

The site states that it cannot open accounts for or provide services to residents of the United States, Australia, Canada or North Korea, and that the list may change at any time.

Note that Australia appears on that list even though the group holds an Australian licence, so the Australian entity's services are not offered to retail clients through this brand.

The options depend on your region. A USD wire transfer and USDT are offered almost everywhere, with UnionPay and WeChat Pay in China, FasaPay and Paytrust in Indonesia, Paytrust in Malaysia and Vietnam, Dragonpay in the Philippines and Paypaid in Thailand. Deposits and withdrawals are both arranged from the client portal.

Be aware that the payment logos shown on the funding page are wider than the actual list: Visa, Mastercard, Alipay, GCash, Maya, QRIS, QR Ph and Bitcoin all appear there but none of them is in the broker's own list of available methods. The China list also names an Emergency Deposit channel that the site describes nowhere.

Deposits are free of broker fees, but most withdrawal methods are not. The published schedule charges 1.5 per cent on UnionPay, WeChat Pay, Paytrust and Paypaid, 2 per cent on Dragonpay, and a flat 10 USDT gas fee on each crypto withdrawal. FasaPay and USD wire withdrawals carry no broker fee, although a 1 per cent handling fee applies to a wire withdrawal in a currency other than your account currency, and bank charges can apply on top.

That schedule is published only inside a collapsed answer on the broker's FAQ page, not on the funding page itself. The terms separately charge interest at 10 per cent a year, compounded daily, on any amount you fail to pay when it falls due.

It depends on the method. Bank wire withdrawals take three to seven working days, crypto withdrawals are processed instantly after approval, and third party payment gateways are usually completed within 24 hours of approval. Withdrawals are requested from the client portal and account verification is required first.

Those are the broker's stated processing times once a withdrawal is approved. The Terms and Conditions separately allow it to withhold money from a credit balance on five stated grounds, including an unresolved dispute or a possible future margin requirement, and set no deadline for releasing funds held that way.

DecodeFX offers leveraged forex and CFD trading across currency pairs, precious metals, energies, indices, cryptocurrencies and shares. Every market is traded as a contract for difference, so a position gives no ownership of the underlying asset.

The counts the broker publishes on its own per class pages are 43 forex pairs, 13 cryptocurrencies, 11 indices, 7 precious metals, 2 energies and 50 shares, a little over 120 instruments in total. Its marketing headline of more than 1,000 global market products is not supported by those pages.

Email and live chat, and those are the only two channels the site publishes. Email goes to support@decodefx.com and the live chat window is offered on the contact page and in the ; there is also a written enquiry form. No telephone number appears anywhere on the site.

On hours, the broker's FAQ states that its support team is available 24 hours a day, seven days a week, while its accounts page advertises 24/5 support covering the hours the markets are open. The two pages do not agree.

Up to 1:2000, but only on major currency pairs and precious metals. The cap falls sharply across the rest of the range on the broker's own specification tables: roughly 1:200 on Singapore dollar crosses and energies, 1:100 on USD/CNH, indices and cryptocurrencies, and 1:20 on Norwegian krone, Swedish krona and Mexican peso pairs.

All three live accounts, CENT, STD and PRO, share the same headline cap, so leverage is not what separates the tiers. Leverage at the top of that range is far above what onshore regulators allow retail clients and magnifies losses as readily as gains.

The minimum deposit is USD 100 for the STD and PRO accounts and USD 1 for the CENT account. USDT deposits and withdrawals carry their own USD 100 minimum.

The maximum deposit depends on the payment method selected in the client portal.

Three: MetaTrader 4, MetaTrader 5 and the broker's own DecodeFX app. Both MetaTrader versions are offered as broker branded installations for Windows with the standard MetaTrader mobile apps for iOS and Android, and the DecodeFX app is mobile only.

There is no browser based terminal on the public site, and the broker's own platform FAQ states that MetaTrader requires a desktop or mobile installation, though a web trading view exists inside the client portal. Two caveats: the Android button on the app page serves an installer file from the broker's asset host rather than linking to Google Play, and the account pages list an API alongside the platforms while the broker publishes no API documentation or endpoint.

Only in Vanuatu. Decode Global Limited, the company that contracts with DecodeFX clients and holds their deposits, holds a Principal's Licence as a Dealer in Securities from the Vanuatu Financial Services Commission, number 700415, effective 25 April 2023 and recorded as active. It was confirmed on the commission's own licensee list on 18 October 2026.

Vanuatu is a low tier offshore jurisdiction with no investor compensation scheme, so the licence confirms supervision on paper but gives a client little practical recourse. Two other numbers appear around the brand, an Australian AFSL and a South African FSP number, and neither belongs to the company that holds DecodeFX client money.

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