No Regulation FoundNo Regulation FoundWIKILIX found no licence in force for it.
Comoros
Last Updated:
Overall Score34 / 100The Wikilix trust rating of EdgeGraph FX, out of 100, built from the five factors below.It holds no valid licence, and our investigation found it is likely a scam.Regulation0%Identity53%Client terms43%Trading offer68%Service42%Score last calculated 2026/11/07
Do not trustBelow 35, or a stop sign applied: a confirmed or likely scam, or a copied identity. Keep your money away.Why: It holds no valid licence, and our investigation found it is likely a scam.
34 out of 100 · 77% checkedThe share of the record we could verify. What we could not check counts as unknown and pulls the score toward the middle, never down.
Do not trust
High risk
Fair
Good
Excellent
It holds no valid licence, and our investigation found it is likely a scam.
We checked EdgeGraph FX on 2026-11-07 across its regulation, company record, client terms, trading offer and service, and could verify 77% of its record. It holds no valid licence: every licence we knew of has ended or could not be found on its register. The score of 34 is what the checked record adds up to; nothing held it down. What would move the score: site integrity, policy risk, critical clauses. Our published investigation found it is likely a scam, with 4.5 years of track record. Its client terms have not been reviewed yet.
Score last calculated 2026/11/07
Regulation
Is someone watching them?
0out of 100
Poor
Counts for 35% of the score100% checked
What we checked
Best licence in force0
MISA BFX2025011 not found on the register · Sep 24, 2026Source
Regulator protections0
No regulator in force to protect clients
Licence held by the onboarding entity0
No licence in force to hold
Extra licences in force0
No licence in force
What this measures
Whether a financial authority supervises this broker: the licences it holds, whether we verified them on the official register, how strong that regulator is and what protection it gives clients. Worth 35 points of 100.
Identity
Who is behind it, and for how long?
53out of 100
Fair
Counts for 15% of the score85% checked
What we checked
Registry-verified entity50
1 entity(ies) recorded with a registration number · Sep 24, 2026
Who is behind it and for how long: a company registration we verified, years of verified history, how openly it names its entity, address and owners, and whether its website is intact. Worth 15 points.
Client terms
Are the client terms fair?
43out of 100
Poor
Counts for 15% of the score13% checked
What we checked
Policy riskNot checked yet
No published policy review
Critical clausesNot checked yet
No published policy review
Withdrawal rails0
4 rail(s): 0 fee-free of 3 known, 0 instant of 4 known, minimum unknown · Sep 24, 2026Source
Language parityNot checked yet
No published policy review
What this measures
How fair the client agreement is: the risk found in our policy review, the number of critical clauses, withdrawal rules, and whether the terms say the same in every language. Worth 15 points.
Trading offer
What does trading cost, and is it disclosed?
68out of 100
Good
Counts for 20% of the score70% checked
What we checked
All-in EURUSD costNot checked yet
No EURUSD spread known
Pricing disclosed per account type100
9 of 9 pricing cells filled across 3 account type(s) · Sep 24, 2026Source
What trading costs and how clearly it is disclosed: pricing per account type, the all-in cost of EURUSD, instruments, platforms, leverage against regulated limits and the minimum deposit. Worth 20 points.
3 of 6 support checks (phone, email, 24/7 chat, 2+ languages, messenger, complaints email) · Sep 24, 2026
Reputation footprint20
Scam check reputation 8/10 · Sep 24, 2026
WIKILIX communityNot checked yet
0 approved review(s), fewer than 10
What this measures
How clients are treated: support channels, complaints about withdrawals and reputation from our investigation, and reviews by WIKILIX members. Worth 15 points.
75%Scam riskScam risk is our overall estimate that this broker is unsafe, from 0% (safe) to 100% (almost certainly a scam). It blends the six risk areas below, weighted by how strong the evidence is. Higher means riskier.
Likely scamOur overall call, based on the evidence we could verify. From safest to worst: Appears legitimate, Insufficient evidence, High risk (unverified), Likely scam, Confirmed scam. A separate "Not a broker" verdict is used when it does not really offer trading.Confidence: MEDIUMHow sure we are of this verdict, based on how much solid, checkable evidence we found. Shown as Low, Medium or High.
2.0/5Safety rating 2 out of 5
The Wikilix safety rating, from 1 to 5 stars. It mirrors the scam risk (5 = safest, 1 = riskiest), so a higher risk percentage means fewer stars.
EdgeGraph FX is very likely a scam: an unregistered offshore operation whose claimed Comoros licence does not appear on that regulator's own register, rebranded from a firm that Japan's financial aut…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
Regulation9/10 · CriticalIs it overseen by a strict, well-known financial regulator? Offshore-only or missing licences score higher.Scored 0 (clean) to 10 (worst). This area is 9/10 (Critical).Identity & transparency7/10 · HighHow openly it shows who and where it is (legal entity, address, owners). Hidden details score higher.Scored 0 (clean) to 10 (worst). This area is 7/10 (High).Withdrawals & conduct6/10 · HighCredible reports of clients being unable to withdraw their money. More such reports score higher.Scored 0 (clean) to 10 (worst). This area is 6/10 (High).Reputation8/10 · CriticalWhat independent reviews, regulators and watchdogs say about it. A poor track record scores higher.Scored 0 (clean) to 10 (worst). This area is 8/10 (Critical).Website claims8/10 · CriticalWhether the site claims (awards, years active, licences) actually check out. False claims score higher.Scored 0 (clean) to 10 (worst). This area is 8/10 (Critical).Operational history6/10 · HighHow long and how consistently it has genuinely operated. Brand-new or murky history scores higher.Scored 0 (clean) to 10 (worst). This area is 6/10 (High).
Editorial review
Updated
Broker Summary
What Wikilix has recorded about EdgeGraph FX: its history, the licences it holds, its trading conditions and its fees.
EdgeGraph FX Broker Overview
EdgeGraph FX is the trading brand of EdgeGraph FX Limited, an offshore broker registered in the Union of the Comoros that offers retail foreign exchange, CFD, precious metals and cryptocurrency trading on MetaTrader 5. Accounts are denominated in Japanese yen, the minimum deposit is 1,000 yen and advertised leverage reaches 1:1000. The company presents an operating history running back to a predecessor business, while the EdgeGraph FX brand and its only financial authorisation are both recent.
EdgeGraph FX Regulation and License
EdgeGraph FX Limited states on its that it holds financial licence MISA-BFX2025011 from the Mwali International Services Authority in the Union of the Comoros, and that it is registered there under corporate registration number HT00225001. The authorisation is recorded as running from 17 February 2025 to 17 February 2027 and as covering foreign exchange, futures, financial derivatives and options trading. The licence was not confirmed against the authority's own register during this review, so the regulatory position rests on the company's own statement.
This is a low-tier offshore permission. It carries no compensation scheme, no requirement to hold client money separately from company funds, and no public complaints mechanism a client could escalate a dispute to.
Is EdgeGraph FX Regulated?
EdgeGraph FX is offshore regulated at best, and it is not regulated in the market it actually sells to. The only permission it names is the Comoros one. The site is written and marketed in Japanese, quotes every account in yen, takes deposits from Japanese banks and runs support on Japan time, yet names no Japanese authorisation and none from any other onshore jurisdiction. A client outside the Comoros is trading with an entity their own regulator cannot reach.
EdgeGraph FX Limited and Cryptograph Limited
The company's dates its establishment to October 2020 under the name Cryptograph Limited, records the launch of its trading service in December 2022, and states that the company was renamed EdgeGraph FX Limited in December 2025, when the head office was also relocated. The brand, the current domain and the Comoros licence are therefore all recent, whatever the age of the predecessor. Neither name could be confirmed on an official company registry during this review.
Is EdgeGraph FX Safe?
Nothing established in this review shows EdgeGraph FX to be either safe or fraudulent, and the gaps that remain sit on the client-protection side. The offshore permission gives a client no compensation scheme and no external complaints route, the operating company could not be confirmed on a registry, and nowhere does the site commit to holding client money separately from its own. Against that, the company publishes a registered address, a registration number, a licence number and a complete fee schedule, which is materially more disclosure than an anonymous operation offers.
EdgeGraph FX Account Types
Three tiers are offered, all denominated in Japanese yen, all with a 1,000 yen minimum deposit, an order range of 0.01 to 100 lots and a stop out at a 20 percent margin level.
Micro Account: one lot is 1,000 units, leverage up to 1:1000, no trading fee.
Standard Account: one lot is 100,000 units, leverage up to 1:1000, no trading fee, and the tier the company associates with its bonus credit.
Professional Account: one lot is 100,000 units, leverage up to 1:500, and a trading fee of USD 6 round turn per lot in exchange for tighter spreads. It trades the 52 currency pairs and four CFDs rather than the full instrument range.
EdgeGraph FX Spreads, Commissions and Fees
Spreads are variable and no spread table is published; the company directs clients to the live quotes inside MetaTrader 5 instead. The Micro and Standard tiers carry no trading fee and the Professional tier charges USD 6 round turn per lot. Account opening and maintenance are free on all three tiers.
EdgeGraph FX Leverage
Maximum leverage is 1:1000 on the 52 currency pairs and the five precious metals, and 1:100 on the 15 CFD symbols. Cryptocurrency leverage falls as position size grows: 1:500 up to 600,000 US dollars of volume, 1:250 between 600,000 and 900,000, and 1:50 above that. A zero cut policy applies in place of margin calls.
EdgeGraph FX Trading Platforms
MetaTrader 5 is the only platform, offered for Windows, iPhone and Android and as a browser-based WebTrader. MetaTrader 4 is not available. Execution is described as no dealing desk, without requotes or rejections.
EdgeGraph FX Deposits and Withdrawals
Deposits are accepted by bank transfer from Japanese banks, by cryptocurrency, and through the PESKA and PayWave channels. Bank transfer costs 1,000 yen on amounts under 50,000 yen and is free above that; the other three are free. Withdrawals carry a 1 percent commission through PESKA and PayWave and 2 percent in cryptocurrency, and the company states that direct bank transfer withdrawals are currently suspended. Withdrawals are quoted at two to five business days, require completed identity verification, and cannot be made while positions are open. Bonus credit cannot be withdrawn and may be used only as trading margin.
EdgeGraph FX Support
Support is offered in Japanese and English by email at info@edge-graph.com and support@edge-graph.com, by live chat and by telephone on +84 333004700, which the company lists as the number for its back office in Hanoi, Vietnam. The company profile page gives support hours as weekdays 09:00 to 22:00 Japan time while the FAQ describes round-the-clock Japanese-language support, so the two published figures do not agree.
EdgeGraph FX Pros and Cons
Strengths: a 1,000 yen entry point, a broad instrument range across 52 currency pairs, 15 CFDs, five metals and 32 cryptocurrencies, a published fee schedule, zero cut protection, and a disclosed registered address and registration number.
Limitations: offshore authorisation only, with no compensation scheme and no stated client-money segregation; an operating company that could not be confirmed on any registry; a brand and licence both dating from 2025 or later; suspended bank transfer withdrawals; and no published spread table.
EdgeGraph FX Review and Assessment
EdgeGraph FX is a functioning offshore broker with an unusually complete set of published trading terms for its class, aimed at Japanese retail traders through high leverage and a very low entry deposit. The decisive consideration before funding an account is that the only authorisation behind it is a Comoros permission carrying no compensation scheme and no route of escalation, and that the operating company itself could not be confirmed on any official registry.
Website archive
Captured
Website snapshots
11 full-page captures of EdgeGraph FX's own site, archived so what they said can still be read after the pages change.
None of the registrations on record for EdgeGraph FX could be confirmed as a trading licence. Read each licence's record before treating any of them as regulation.
1 of 1 checked
Licences on recordEvery licence or registration recorded for this broker, whether the broker claims it or our check found it.
1
Confirmed on registerLicences we located on the issuing regulator's own public register, with a screenshot taken at the time.
0
Tier 1 or 2Licences from tier-1 or tier-2 authorities (FCA, ASIC, CySEC and peers), the strongest client protection. A registration we could not confirm as a licence is not counted.
0
OffshoreLicences from offshore registers, which typically carry no compensation scheme and lighter oversight.
1
WIKILIX
Licence intelligence
The only licence on file
Licence Verification Record
Moroni International Services AuthorityBFX2025011
Wikilix read the MISA register on Sep 24, 2026. This is what it said.
Not found on MISA's own authorised-brokerage register, which lists issuances through the 2024 series. Unverified.
Effective
Feb 17, 2025
Expires
Feb 17, 2027
Shown on the EdgeGraph FX website
Shown
Not found on register
Checked Sep 24, 2026
Permissions
Forex Trading License (EP)
Foreign exchange trading
Futures trading
Financial derivatives trading
Options trading
What our check found
An offshore brokerage registration issued by the autonomous island of Moheli (Mwali), Comoros. It is not a functioning financial supervisor, and the Comoros central bank has publicly disavowed these licences. Client protection: None in practice: no client-money protection, no compensation scheme, no meaningful supervision.
Client protection under this licence
No compensation scheme
No complaints route
These are the rules MISA sets for the firms it licenses. They are not a statement about how EdgeGraph FX applies them, or about which of its companies would hold your account.
A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
1Service Eligibility Disclaimer in the site-wide footer and repeated on https://edge-graph.com/en/legal: account opening and trading are available only to residents of countries where the services are offered, excluding restricted jurisdictions such as the United States, North Korea, Australia, Myanmar, Cuba, Sudan, Syria, Malaysia and Iran. Those nine jurisdictions are named outright, so they are recorded as confirmed blocks: US, KP, AU, MM, CU, SD, SY, MY, IR.
2The same disclaimer closes the list with 'etc.' and adds that the services are not intended for individuals in countries where local law prohibits the offering. No further jurisdiction is named, so no additional country has been inferred from that wording.
3https://edge-graph.com/en/guidelines repeats the identical restricted-jurisdiction wording, and https://edge-graph.com/en/faq states that services are unavailable to residents of the United States, North Korea, Australia, Myanmar, Cuba, Sudan, Syria, Malaysia and Iran. All three pages agree with the footer.
4Dependent territories of the United States are not named anywhere on the site. Puerto Rico, Guam, the US Virgin Islands, American Samoa and the Northern Mariana Islands are recorded as covered by the named block on the United States rather than as confirmed blocks in their own right.
5The registration form at https://my.edge-graph.com/auth/register offers an unfiltered list of 242 jurisdictions in its country selector, including every one of the nine the published texts say are refused. The selector therefore enforces none of the published restrictions at the point of sign-up. Because the list is the complete world list rather than a curated one, it is not read as an explicit acceptance of any jurisdiction and no whitelist entry has been recorded from it. The conflict between the selector and the published texts is recorded here rather than resolved.
6https://edge-graph.com/en/payment-method states only that bank transfer deposits must come from banks in Japan; it names no restricted jurisdiction. No separate AML or KYC policy document is published on the site.
7The company publishes no country-specific licence filing, and a licence filing would in any case state permitted rather than blocked jurisdictions, so none was used to set a block.
8The site publishes English and Japanese content under the /en and /ja paths, which indicates the markets it deliberately serves but names no additional restriction.
Deposits & withdrawals
Funding Methods
4 ways to fund an account. 3 with no deposit fee. The costliest way in is Bank Transfer (Japan) at JPY 1000.
4 methods
Method
Deposit fee
Withdrawal fee
Min deposit
Withdrawal min / max
Processing
Bank Transfer (Japan)Bank TransferDeposit fee of 1,000 yen applies to amounts under 50,000 yen and is waived at 50,000 yen or more. Funds are reflected about 2 to 3 hours after receipt on business days. The company states that direct bank transfer withdrawals are currently suspended, so this channel is deposit only at the time of review.
JPY 1000
—Not recorded
—Not recorded
—Not recorded/—Not recorded
Up to 3 hours
PESKAOtherDeposits are free of charge. Withdrawals carry a 1 percent commission and are paid out to a domestic bank account. The company states withdrawals generally take about 2 to 5 business days to arrive.
Free
1%
—Not recorded
—Not recorded/—Not recorded
Up to 2 hours
PayWaveOtherDeposits are free of charge. Withdrawals carry a 1 percent commission. The company states withdrawals generally take about 2 to 5 business days to arrive.
Free
1%
—Not recorded
—Not recorded/—Not recorded
Up to 2 hours
Virtual CurrencyCryptocurrencyDeposits are free and reflected in about 2 to 3 hours on business days. Withdrawals carry a 2 percent commission. Bitcoin and USDT withdrawals were introduced in October 2024 according to the company history page.
2 domains on record. All active and served over HTTPS.
2 domains
my.edge-graph.comClient portalActiveHTTPS
cryptograph.financeBackupActiveHTTPS
Social channels
Social Presence
One official channel on record.
1 channel
Legal entities
Corporate Network
2 legal entities behind the EdgeGraph FX brand.
2 entities
EdgeGraph FX LimitedActiveLicence holderComoros·Registration HT00225001Holds MISAThe operating entity named on the company's own site and on its licence. The registration number HT00225001 is the company's own published figure; it could not be confirmed against an official registry during this review because the Comoros and Mwali company registers were not reachable.
Cryptograph LimitedinactiveNamed by the company as its predecessor entity. Its own history page dates the establishment of Cryptograph Limited to October 2020 and states that the company was renamed EdgeGraph FX Limited in December 2025, when the head office was also relocated. No jurisdiction or registration number is published for this former name, and it could not be confirmed against any official registry during this review.
Company registry check
Checked
Company Registration
EdgeGraph FX names EdgeGraph FX Limited as the operating company. We could not confirm that registration on the registry.
Mwali (Moheli) offshore registry, Union of the Comoros
Registered address
Bonovo Road, Fomboni, Island of Moheli, Union of the Comoros
Peer comparison
Brokers worth comparing
4 other brokers on the record share what EdgeGraph FX offers — its country, regulator, account types or platforms — set beside it on the same measures.
No protection could be identified. The Comoros authorisation it holds carries no compensation scheme and no requirement to hold client money separately from company funds, and the site makes no commitment of its own to segregate client money. A zero cut policy is offered, but that only prevents a balance going negative on a sharp move; it does nothing if the firm itself fails or refuses a withdrawal.
The brand is new; the claimed history is longer. The company dates its establishment to October 2020 under the name Cryptograph Limited and its service launch to December 2022, but states it only became EdgeGraph FX Limited in December 2025. Its licence runs from February 2025. None of the earlier history could be confirmed against a company registry, so the verifiable record of this operator under this name is short.
By email at info@edge-graph.com or support@edge-graph.com, through the contact form at the support page, by live chat, or by telephone on +84 333004700, which the company lists as its back office in Hanoi, Vietnam. The company promises a reply within 24 hours. Its published support hours are inconsistent: the company profile page says weekdays 09:00 to 22:00 Japan time while the FAQ describes round-the-clock support.
Japan is not on the company's restricted list and the service is plainly built for Japanese clients: the site and sign-up form are in Japanese, accounts are denominated in yen, deposits are taken from Japanese banks and support runs on Japan time. The company holds no Japanese authorisation, so a Japanese resident would be dealing with an offshore entity outside the reach of their own regulator.
The company states it does not serve residents of the United States, North Korea, Australia, Myanmar, Cuba, Sudan, Syria, Malaysia or Iran, and that it does not serve anyone in a jurisdiction where local law prohibits the offering. That restriction is not applied at sign-up: the registration form's country selector offers every one of those jurisdictions alongside the rest of the world, so the published policy and the onboarding form do not match.
52 currency pairs, 15 CFD symbols covering stock indices, energy, copper and a dollar index, five precious metals, and 32 cryptocurrency pairs. The Professional tier is narrower, offering the 52 currency pairs and four CFDs. Note that the company's FAQ and homepage quote different instrument totals from its own instruments and fees page.
MetaTrader 5 only, on Windows, iPhone and Android and through a browser-based WebTrader. MetaTrader 4 is not offered. The company describes execution as no dealing desk with no requotes or rejections.
The company quotes about two to five business days for funds to reach a bank account or wallet. Identity verification must be completed first, withdrawals cannot be made while positions are open, and funds cannot be sent to a third party's account. Bonus credit is not withdrawable at all and can only be used as trading margin.
Deposits are accepted by bank transfer from Japanese banks, by cryptocurrency, and through the PESKA and PayWave channels. Bank transfer costs 1,000 yen below 50,000 yen and is free above it; the rest are free. On the way out, the company states that direct bank transfer withdrawals are currently suspended, leaving PESKA and PayWave at a 1 percent commission and cryptocurrency at 2 percent.
The Micro and Standard accounts charge no trading fee and the Professional account charges USD 6 round turn per lot. Spreads are variable and the company publishes no spread table, pointing clients to the live quotes in MetaTrader 5 instead, so the full cost of a trade cannot be established before opening an account.
Up to 1:1000 on the 52 currency pairs and the five precious metals, and up to 1:100 on the 15 CFD symbols. The Professional tier is capped at 1:500. Cryptocurrency leverage steps down as position size grows, from 1:500 up to 600,000 US dollars of volume, to 1:250, then to 1:50 above 900,000.
1,000 Japanese yen, and it is the same on all three account tiers. Accounts are denominated in yen only. Account opening and maintenance carry no fee.
Nothing found in this review shows EdgeGraph FX to be fraudulent, and nothing found shows it to be safe either. It is a working broker with a real MetaTrader 5 service and unusually detailed published terms. What is missing is verification: the operating company could not be confirmed on any registry, the licence was not confirmed on its authority's register, and the only regulation on offer provides no compensation scheme and no complaints route. Treat it as unverified rather than cleared.
The operating company is EdgeGraph FX Limited, which gives a registered address at Bonovo Road, Fomboni, Island of Mohéli, Comoros Union, and a corporate registration number of HT00225001. The company states it was previously called Cryptograph Limited and was renamed in December 2025. No director, officer or beneficial owner is named anywhere on the site, and neither company name could be confirmed on an official registry during this review.
Only offshore. EdgeGraph FX Limited names a single authorisation, licence BFX2025011 from the Mwali International Services Authority in the Union of the Comoros, running to 17 February 2027. That licence was not confirmed against the authority's own register during this review, so it stands as the company's own claim. There is no authorisation from any onshore regulator.
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