Licence number
246796
View licence record- Licence holder
- Held by DecodeFX
- Licence type and regime
- Market Making(MM)
3 licences are on record for DecodeFX. 3 have been checked against an official register.
Back to DecodeFXCounts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
DecodeFX has 3 licences on record with Wikilix, issued by 3 authorities across 3 jurisdictions. 2 of them were issued by tier-1 or tier-2 authorities — the regimes with the strictest capital, reporting and client-money rules. We located 3 of 3 on the issuing authority’s own register.
2 licences come from authorities classed as offshore. An offshore regime can be a legitimate registration, but it typically carries lower capital requirements and no compensation scheme.
Every licence on record for DecodeFX, strongest authority first.
Licence number
Licence number
Licence number
Each authority below publishes a register you can search. The name a register prints is often a separate legal entity, not the trading brand — search for the name given here.
ASIC's own rules for the firms it authorises.
Answered from the register entries on this page.
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.
Not automatically. The broker states that negative balance protection is not provided as standard on MetaTrader 4 accounts and is considered case by case.
That means losses can in principle exceed the deposited balance, which is worth weighing before using high leverage.
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. Wire transfer in USD 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.
The broker says the list changes over time, so the methods actually open to an account are the ones shown in its client portal.
Deposits are free of broker fees, but several withdrawal methods are not. The published schedule charges 1.5 percent on UnionPay, WeChat Pay, PayTrust and Paypaid, 2 percent on Dragonpay, a 10 USDT per lot gas fee on USDT, and nothing on FasaPay or USD wire transfer apart from a 1 percent handling fee on cross currency withdrawals.
A USD 100 minimum applies to USDT deposits and withdrawals.
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 under the money section.
More than 1,000 instruments are offered, all as contracts for difference: forex, precious metals, energies, indices, cryptocurrencies and shares.
Trading a CFD does not give ownership of the underlying asset, which the broker states plainly in its own risk warning.
Support is available around the clock by email at support@decodefx.com and through the live chat window on the contact page. The site states that the customer support team is available 24 hours a day, seven days a week.
There is also a help centre and an FAQ library, plus official Facebook, Instagram, LinkedIn and YouTube channels. No client telephone number is published on the current contact page.
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.
MetaTrader 4, MetaTrader 5 and the broker's own DecodeFX app are offered. MetaTrader is available on desktop, web and mobile, and both versions are free to download.
MetaTrader 4 is presented as the simpler CFD platform, while MetaTrader 5 adds multi asset trading, more timeframes, more order types and an economic calendar.